|
Below is an in-depth analysis and side-by-side comparison of The Firkin Group of Pubs vs Rock & Brews including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $297,900 - $1,000,000 | $1,478,000 - $4,216,000 |
Franchise Fee | $30,000 | $50,000 |
Royalty Fee | 5% | 4 -5% |
Advertising Fee | - | 1% |
Year Founded | 1987 | 2012 |
Year Franchised | 1987 | 2012 |
Term Of Agreement | 10-20 years | - |
Term Of Agreement | 10-20 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | Multi-unit restaurant management experience required. Operations experience serving alcoholic beverages and maintaining required licenses. If you do not have that experience you will be required to hire an Operating Partner who has the required experience. Each location must have a full-time, Rock and Brews trained General Manager with experience in operating a full service, casual dining environment including the service of alcoholic beverages. | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/Yes | -/- |
Payroll | No/No | -/- |
Training & Support |
||
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 | On-The-Job Training: 6 weeks Classroom Training: Varies |
Support | Meetings, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations |
Franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is allowed. | Number of Employees Required to Run: 80 - 160 |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
Rock & Brews is an American eatery network established by Michael Zislis, Dave Furano, Dell Furano, Paul Stanley and Gene Simmons of KISS in 2012. The eatery centers is around serving American cooking solace sustenance, close by the particular area's food and group, while keeping up a family-accommodating show condition.