Perkins vs Kimpton Hotels & Restaurants Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Perkins vs Kimpton Hotels & Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$1,557,975 - $2,742,975 | $49,789,087 - $70,127,050 |
Franchise Fee |
$40,000 | $75,000 |
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 |
Experience |
- | - |
Financing Options |
|
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 |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
No | - |
International Expansion |
No | Yes |
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 Kimpton Hotels & Restaurants
At Kimpton, it’s always personal. We focus on what it means to be human and an individual. You’ll quickly learn Kimpton’s not just a hospitality job. Here, you’ll join a mission to make lives better. No biggie.
The real you is a job requirement; your diverse background, talents, and quirks are what help our company connect meaningfully with our guests. You’ll lead your own personal career path while you help make each guest’s journey feel more personal. You won’t just punch a clock and count the hours; you’ll make it count.
That’s why FORTUNE magazine has put Kimpton on its “Best Companies To Work For” list nine times. It’s why we score 100 on the Human Rights Campaign Foundation’s Corporate Equality Index every year. Our guests feel it too - it’s why we’re consistently ranked as a best-loved hospitality company.
Our thriving company culture, numerous hospitality career tracks, and rich benefits and perks also make us one of the best places to work. We take care of all of our people with great benefits, like paid time off; medical, dental, and vision plans; life, short-term, and long-term disability insurance; 401(k) with employer matching; 6 weeks paid paternity/maternity leave; back-up child and elder care; robust professional and personal development through our own Kimpton University; and employee discounts at our 60+ hotels nationwide.
Plus, we throw in some extra Kimpton-style perks, like wellness programs and, of course, pet insurance.
We’re a best place to work because we’re driven by our passion for unscripted, heartfelt care. From the first whirl of a hula hoop at your employee orientation (yes, it happens) to every Kimpton Moment thereafter, you’re going to love it here as much as our guests do.