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Below is an in-depth analysis and side-by-side comparison of Moe's Southwest Grill vs Ward's Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $457,400 - $911,500 | $250,000 - $400,000 |
Franchise Fee | $30,000 | $20,000 |
Royalty Fee | 5% | - |
Advertising Fee | 2% | - |
Year Founded | 2000 | - |
Year Franchised | 2001 | - |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | Then-current franchise fee | - |
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/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | On-The-Job Training 125 hours Classroom Training: 22.6 hours | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
65% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Ward’s Food Systems, Inc is the exclusive franchising agent for Ward’s Restaurants. Ward’s Food Systems provide consulting and support services to Ward’s franchisees, They assist in planning, site selection, construction, training, and opening of the new restaurant. After opening, regular visits by our franchise consultants help insure a successful program.
Is a Ward’s franchise right for you? It has been for many people from all walks of life. If you are serious about ownership in the restaurant industry, willing to devote your time and energy, and have an adequate net worth, the proven concept of a Ward’s restaurant could be for you. We welcome your inquiries into the possibilities of becoming a Ward’s franchise owner. Feel free to call us at your convenience for more detailed information and a personal appointment.