Perkins vs Palapas Restaurants Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Perkins vs Palapas Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Perkins Franchise
Palapas Restaurants Franchise
Investment $1,557,975 - $2,742,975$750,000 - $2,000,000
Franchise Fee $40,000$30,000
Royalty Fee 4%5%
Advertising Fee --
Year Founded 1958-
Year Franchised 1958-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee $5000-$7500-


Business Experience Requirements
 
Perkins Franchise
Palapas Restaurants Franchise
Experience --

Financing Options
 
Perkins Franchise
Palapas Restaurants Franchise
  In-House/3rd PartyIn-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
 
Perkins Franchise
Palapas Restaurants Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Perkins Franchise
Palapas Restaurants Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Perkins

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!

Join Perkins and leverage our name, our established systems, and our special recipes - all while pleasing your guests and charting your future in the industry.

The total investment necessary to begin operation of a Perkins Restaurant and Bakery franchise is $1,557,975 - $2,742,975. This includes the $50,000 initial fee paid to the franchisor (unless you are participating in the Refranchising Program). Under the Company Restaurant Refranchising Program, in which an existing company-owned restaurant is transferred to a franchisee, the initial franchise fee is negotiable and will vary in amount depending on, among other things, the length of the franchise term and the profitability of the restaurant (additional information about the Refranchising Program is provided in the Disclosure Document).
In addition, if you sign a Development Agreement for three or more restaurants, the initial franchise fee is $40,000 for the first restaurant, $35,000 for the second restaurant and $30,000 for the third and any subsequent restaurant(s).


About Palapas Restaurants

Palapas Restaurant y Cantina is perched atop the Seascape Village and has been an institution in Aptos since opening its doors in 1990. Owners Mark and Kay Holcomb designed the space and menu with the goal of bringing home their beloved experiences vacationing on the coast of Mexico with their family throughout the 80s and 90s. ​Today we aim to capture that nostalgic vacation feeling while highlighting the natural beauty and bounty native to our own locale. This value is present in our locally sourced, fresh seafood, our commitment to local small purveyors, and even our design, which is built to offer an ocean view of the sparkling Monterey Bay from every single table.
Palapas brings the ambiance of tropical Mexico to the Monterey Bay area in a very unique way. In addition to featuring authentic traditional dishes of Mexico, our menu offers the fish, shellfish and sauces of the coasts of both Mexico and California. All of our dishes are prepared "A La Cocina Fresca”- "in the fresh kitchen method” a Spanish phrase that means exactly what it implies… freshly made sauces, handmade corn tortillas and fresh local seafood and produce prepared daily. In addition to creating a menu with many exiting choices, we’re committed to offering our customers healthy dishes with absolutely no use of any lard or animal fat in their preparation. We use rice-bran oil specifically for frying. Contains no trans fat!