Locos Grill & Pub vs Johnny Rockets Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Locos Grill & Pub vs Johnny Rockets including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Locos Grill & Pub Franchise
Johnny Rockets Franchise
Investment $575,400 - $1,960,000$581,000 - $877,000
Franchise Fee $35,000$49,000
Royalty Fee 4%5%
Advertising Fee --
Year Founded 19881986
Year Franchised 19971987
Term Of Agreement 10 years10 years w/two 5-year options
Term Of Agreement 10 years10 years w/two 5-year options
Renewal Fee --


Business Experience Requirements
 
Locos Grill & Pub Franchise
Johnny Rockets Franchise
Experience
  • Customer service skills
    		•  You and/or a business partner(s) must have at least two years restaurant owner/operator experience.

    You and/or a business partner(s) must have a net worth of $500 thousand per unit, and available liquid capital of $200 thousand per unit, or more, (net worth of $1.5 million per unit, and available liquid capital of $500 thousand per unit, or more, outside of the U.S.), in order to qualify for development of up to five units.

    Development of six units or more will be considered on a case by case basis, pending your net worth and available liquid capital.


    Financing Options
     
    Locos Grill & Pub Franchise
    Johnny Rockets Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Locos Grill & Pub Franchise
    Johnny Rockets Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesMeetings, Grand opening, Field operations/evaluations
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingNational media, Regional advertising
    Operations 20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 40

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		 Franchisees required to buy multiple units/master licenses; 95% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 48 - 53

    Absentee ownership of franchise is NOT allowed. (98% of current franchisees are owner/operators)

    Expansion Plans
     
    Locos Grill & Pub Franchise
    Johnny Rockets Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About Locos Grill & Pub

     


    A lot of us grow up dreaming maybe we could own our own business one day. And a lot of us think about how fun it could be if that business was a restaurant. What keeps us from executing that dream? Money?

    Not knowing where to start? Not understanding what to do first, last and everything in between?

    Stop dreaming and take action! Become an owner/operator of Locos Grill & Pub.

    We will walk you through the entire process from site selection to design hiring and training a staff and be right beside you when you open and get comfortable being your own boss!

    With 33 years of experience, why would you go anywhere else?
    We LOVE what we do and invite you to be a part of the hospitality industry that is the backbone of country
    At Locos Grill & Pub, our goal is to provide each customer with a superior product, quality service and complete satisfaction. This philosophy also extends to our Franchise Owners. Locos Grill & Pub restaurant franchise offers a great opportunity for an investment, a career, or both. As a Locos Franchise Owner you will benefit from being part of a brand that has exhibited steady growth and success in a wide range of markets. When you become a Locos Franchise Owner, you become part of our family and receive extensive support from an amazing organization. Locos Franchise Company is backed by a talented team of individuals with a broad range of experience in the restaurant and franchise industry. We provide a comprehensive 10-week training program prior to opening, as well as pre-opening and post-opening employee training and assistance. A cornerstone of our concept is our on-going support program. We provide assistance to you 24 hours a day, 7 days a week. The Locos Grill & Pub management team has combined over 100 years of experience in the operation of successful restaurants and will provide on-going support to franchise restaurant owners.

    About Johnny Rockets

    Johnny Rockets is an international restaurant chain that offers the food, fun and friendliness of classic, timeless, feel-good Americana. Every Johnny Rockets restaurant serves simple, great-tasting food from a menu of all-American favorites, including our juicy hamburgers, crispy American Fries, classic sandwiches and rich, delicious hand-dipped shakes and malts. It's the place to go for friendly service, flavorful food, uplifting music and relaxed, casual fun. With annual sales in excess of $300 million, Johnny Rockets is a time-tested brand with an extraordinarily high awareness level, a loyal customer base and a broad demographic appeal. The all-American theme is one that has proven to be universal and that leaps across all geographic and cultural boundaries. It easily translates into any language and relates to the best concepts of America, around the globe. Throughout the world, people appreciate the stereotypical home-cooked goodness of classic comfort foods; smiling, outgoing service and a bright, clean, cheerful atmosphere.

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