|
Below is an in-depth analysis and side-by-side comparison of 5 & Diner vs abc Country Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $250,000 - $750,000 | $250,000 - $700,000 |
Franchise Fee | $35,000 | $50,000 |
Royalty Fee | 5% | 4% |
Advertising Fee | - | 2% |
Year Founded | 1987 | 1972 |
Year Franchised | 1993 | 1983 |
Term Of Agreement | 15-20 years | - |
Term Of Agreement | 15-20 years | - |
Renewal Fee | 25% of current franchise fee | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | Ongoing training at franchisee's location | - |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media | - |
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 50 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | Yes |
International Expansion | No | - |
Kenneth E. Higginbotham opened the initial 5 and Diner eatery in Phoenix, Arizona in 1987. Eateries highlight a '50s subject, finish with jukeboxes, masters in poodle skirts and hula loop challenges. The menu incorporates top choices like ground sirloin sandwiches, sandwiches and plates of mixed greens. Breakfast is served throughout the day, and each 5 and Diner offers blue plate specials that incorporate messy joes, fish sticks and french fries, and spaghetti with meat sauce.
5 and Diner eateries additionally have a pop wellspring that serves milkshakes, egg cremes, coasts and enhanced soft drinks.
5 and Diner is a pioneer in the family-feasting eatery establishment portion, offering incredible sustenance and fun in a '50s themed environment. With another model outline made to bring out the exemplary roadside burger joint, 5 and Diner offers a solid venture open door for the single or multi-unit proprietor.
5 and Diner Franchise
Burger joints are the quintessential American experience - socially critical, offering buyers a dependable and agreeable place to eat. Their impact can be seen in many structures, including TV, films, books and fan clubs. This extraordinary interest and fascination makes owning a 5 and Diner eatery establishment an awesome venture.
As a family-feasting eatery, 5 and Diner offers many advantages over other eatery sections including:
Family Dining represents $33Billion in yearly deals and is balanced for development as shoppers request included esteem through sensible costs, menu assorted qualities and administration over numerous day parts*
Higher saw esteem for the cash spent on eating out
68% of buyers would be likely or greatly liable to visit a family eating eatery when they need a formal dinner at a reasonable price*
The most appropriate eatery decision for breakfast.
52% of purchasers would be likely or to a great degree liable to visit a family eating eatery for breakfast or early lunch on the weekend*
The family feasting eatery fragment has set up itself as a main decision for late-night diners*
half of customers show that late night hours are engaging or to a great degree appealing*
Family and child inviting climate and menu choices
Your country, your restaurant, your franchise opportunity.
abc Country Restaurants are designed to feel as comfortable as home and as authentic as the menu. We appeal to a variety of diners from the early morning crowd, to families in for Friday night dinner, and everyone in between. Diners at abc can expect genuine service and the taste of country in a relaxed atmosphere.
Since 1972, abc has been building on the concept of family dining in BC and Alberta. abc Country is a federally incorporated franchise company that is privately owned and operated across British Columbia and Alberta with our head office located in Burnaby, BC.
Acquiring an abc Country requires a few different costs. Obtaining the exclusive rights to an abc Country Restaurant Franchise is $50,000. There is an additional 4% royalty fee and 2% advertising fee based on monthly sales volumes.
Starting up your own franchise will vary in cost depending on whether or not you are starting from scratch or building on a previously existing restaurant. The development of a new location varies, but it is usually upwards of $700,000. The cost to convert an existing restaurant starts around $200,000 depending on the equipment already in place. Whichever way you decide, becoming an owner of your neighbourhood’s new favourite restaurant is as simple as a.b.c.
We are interested in any proposals and are always up for the task for a new location. After all, every neighbourhood deserves an abc Country Restaurant.