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Below is an in-depth analysis and side-by-side comparison of Mandarin Restaurant vs Shoney'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 | $2,500,000 - $3,000,000 | $568,000 - $2,800,000 |
Franchise Fee | N/A | $25,000 - $35,000 |
Royalty Fee | - | 2.5-3.5% |
Advertising Fee | - | - |
Year Founded | 1979 | 1968 |
Year Franchised | - | 1971 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Solid business experience Multi-unit management Proven expertise in retail (food and beverage a plus) Previous franchise experience advantageous |
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/No |
Payroll | -/- | No/No |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
Award winning all-you-can-eat buffet restaurant serving Chinese and Canadian food as well as a la carte and take out menu in Southern Ontario region. Mandarin is committed to provide fresh and quality food to their customers at all times. Mandarin Restaurant Franchise Corporation only accepts franchisees from within its existing system. Mandarin franchisees must work for at least one year in one of our restaurants. Upon favourable recommendation, potential applicants will then be admitted to the training program at the corporate headquarters. Franchisees are selected from this pool of applicants.
Since 1947, Shoney’s has been known for authentic southern dishes that are available for breakfast, lunch, supper and to-go.
Today, after completing an extensive revitalization program that includes a focus on freshly prepared, innovative menu items, beautifully redesigned restaurants with flat screen TV’s and modern furnishings and the commitment to give back to the communities we serve, Shoney’s truly is better than ever.
Shoney’s is a Nashville-based company with more than 140 restaurants located in 16 states. Each restaurant strives to give back and be a pillar to the community, which is the hallmark of Shoney’s culture. We support local schools, sports teams, the military, firefighters, police, EMTs and more.
From San Antonio, Texas to Dover, Ohio and every location in between, our restaurants are committed to partner with the communities we serve.
Grow with us! Make Shoney’s a part of your future and invest in a business you’ll be proud to own.