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Below is an in-depth analysis and side-by-side comparison of Bennigan's Grill & Tavern vs Perkins including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $1,027,075 - $3,588,244 | $1,557,975 - $2,742,975 |
Franchise Fee | $35,000 | $40,000 |
Royalty Fee | 4% | 4% |
Advertising Fee | 1% | - |
Year Founded | 1976 | 1958 |
Year Franchised | 1976 | 1958 |
Term Of Agreement | 15 years | 20 years |
Term Of Agreement | 15 years | 20 years |
Renewal Fee | - | $5000-$7500 |
Business Experience Requirements |
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Experience | �Has prior management level experience in food service and/or restaurant operations. �Willingness to follow our proven operating system �A solid business person with a strong desire to succeed �Possesses experience in restaurant franchising �Meets the financial requirements | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | Bennigan's, or a designated third party, will provide training to you and your restaurant team. Your management team will be required to complete a 6 to 8 week training program based on prior experience. Onsite training will be provided to entire team before restaurant opening. All parties must successfully complete the training to the satisfaction of the Bennigan's Operations/Training team prior to opening your restaurant. We believe great training equals lower turnover and stronger guest retention. Therefore, we provide continued support to team members. Bennigan's University, our online learning module, helps drive the retention of both staff and guests. | - |
Support | For the pre-opening of your first Bennigan's, members of our Operations and Marketing Teams will assist you from 45 days prior to your Grand Opening. Marketing Support: Our goal is to help you successfully market your brand. We put a marketing calendar in place to help drive sales, increase check average and guest count. Marketing tools provided include: Intranet, Email Marketing, Social Media Support, New Photography, Pipeline Items/Menu Development. | - |
Marketing | Co-op advertising | - |
Operations |
Franchisees required to buy multiple units/master licenses; 98% of all franchisees own more than one unit Number of employees needed to run franchised unit: 100 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
In today’s market, the opportunity to buy a Perkins® restaurant franchise business couldn’t be better for experienced restaurateurs interested in aligning with a concept that has withstood the test of time. Now more than ever, restaurant customers are looking for value without sacrificing selection and taste. A top leader in the family restaurant dining segment since 1958, Perkins offers high quality, flavorful and affordable menu options for breakfast, lunch, and dinner and snack. With more than 440 units across the U.S. and Canada, the heritage of the Perkins brand and the ability to adapt to current consumer trends have placed it among the top performing companies in the family restaurant franchise segment.
It’s time to take a fresh look at Perkins Restaurants. Find out how you can own one of the best family restaurant franchises in the business, and deliver the Perkins experience to loyal diners, through single-unit operations and multi-unit ownership franchise opportunities. Perkins gives you the chance to bring comfort, value, and great taste to your community - not to mention solid growth potential to your own career in foodservice.
Perkins has a vision for the future, and wants you to be part of it: our goal is to continue to offer great food and memorable dining experiences to guests across the continent!