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Below is an in-depth analysis and side-by-side comparison of Friendly's Restaurants vs Dunn's Famous including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $498,500 - $1,950,000 | $150,000 - $800,000 |
Franchise Fee | $30,000 - $35,000 | $20,000 - $50,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | 3.5% | 2%Nat'l+1% Local |
Year Founded | 1935 | 1927 |
Year Franchised | 1996 | 0 |
Term Of Agreement | 20 years | 10 years +10+10 |
Term Of Agreement | 20 years | 10 years +10+10 |
Renewal Fee | $5K | - |
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/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Four Week Training Program is compulsory prior to your Franchise opening at our headquarters in Montreal. We spend a minimum of one to two weeks with you at your store from your Franchise opening date and we will stay on longer should additional training be deemed necessary by our corporate training team. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | We will assist you in: Location search Preparing a marketing and business plan Verification of specific lease clauses Designing your store Ordering equipment and furnishings Training you and your staff Store opening support |
Marketing | Ad slicks, National media | - |
Operations |
Franchisees required to buy multiple units/master licenses; 62% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | Yes |
International Expansion | No | Yes |
In Springfield, Massachusetts at the height of the Great Depression in 1935, 20 year-old Prestley Blake and his 18 year-old brother Curtis opened an ice cream shop called 'Friendly' that served double-dip cones for 5 cents. The brothers opened a second shop five years later in West Springfield, Massachusetts and added food to the menu. Within a decade, locations opened throughout western Massachusetts and Connecticut. In 1988 Donald N. Smith, the company's current CEO, purchased the company and a year later added an 's' to the name, making it 'Friendly's.'
In May 2000, Friendly's introduced a new food and dessert menu featuring colossal burgers, sandwich wraps, splits, sundaes and Cyclones. Friendly's produces 10 million snack cups and 230,000 gallons of fudge every year. In addition to its restaurants and cafes, Friendly's manufactures a complete line of frozen desserts.
Dunn's is a full service, casual dining family owned deli & neighbourhood eatery concept. We offer the finest cured "Old Fashioned Smoked Meat" in the world. Our specially seasoned and aged briskets are hand-carved daily on the premises and served to order. In addition to Smoked Meat, we offer our guests chargrilled burgers, hotdogs and steak, fresh cut fries, our Montreal famous poutines, salads, pizzas, pastas, wraps, soups, desserts, full breakfast and a fully serviced bar. The Dunn's corporate team is dedicated to ensuring the success of the Dunn's franchisees so Dunn's can become every city's favorite place for Montreal's authentic "Old Fashioned Smoked Meat" and so much more. Our philosophy is simple. We are more interested in working with quality franchise owners then how many franchises we can open. We have perfected our own proprietary world famous smoked meat with a solid complementary ancillary menu popular with people of all ages. We have limited to no competition when it comes to offering premium Old Fashion Smoked Meat. You're not buying a job you're investing in a business. We offer several revenue streams with the opportunity for 24 hour operations resulting in a quicker return on investment. We focus on our customer's comfort and offer an Urban Vintage decor that promotes a table d'hote dining experience enjoyed in a warm atmosphere. Need a quick lunch or running off to the game. From order to table Dunn's has perfected the "Dine and Dash" experience for people on the go. We can boast 88 years and counting as the go to place for an Urban Deli experience and can offer several retail concepts. We are well suited for locations situated in dense commercial sectors, urban streets, strip malls, power centers and shopping centers with outdoor access. Our food quality is the real secret for our nine decades of success. In order to achieve the Dunn's standard in restaurant services there can be no compromise. We have implemented tried, tested and proven kitchen systems, restaurant operations and ongoing product development. Our ability to create adaptable marketing and advertising plans is one of our greatest asset in conveying to the customer what Dunn's is all about and another important strength to our longevity in the restaurant industry. We offer a comprehensive training program, direct corporate communication and the stability of a well-established brand and company.