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Below is an in-depth analysis and side-by-side comparison of The Firkin Group of Pubs vs Po'Boys Creole Cafe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $297,900 - $1,000,000 | $500,000 - $2,000,000 |
Franchise Fee | $30,000 | $25,000 |
Royalty Fee | 5% | $500/week |
Advertising Fee | - | - |
Year Founded | 1987 | 1992 |
Year Franchised | 1987 | 2002 |
Term Of Agreement | 10-20 years | 10 years |
Term Of Agreement | 10-20 years | 10 years |
Renewal Fee | - | $15000 |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | Our Firkin training helps franchisees learn about running a successful and most importantly, profitable business. Every franchisee is required to complete an intense, mandatory training session over the course of 4 weeks that encompasses every aspect of the Firkin business. From day one, franchisees also have access to highly coveted, one of a kind, training materials including: * F.U. Firkin University in-house * F.U. Firkin University online * Firkin Autopilot �" franchisee intranet | - |
Support | Meetings, Purchasing cooperatives | - |
Marketing | - | - |
Operations |
Franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
NO LONGER FRANCHISING