|
Below is an in-depth analysis and side-by-side comparison of Tony Roma's vs Bubba Gump Shrimp Co. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $2,182,500 - $3,580,000 | $2,500,000 |
Franchise Fee | $30,000 | N/A |
Royalty Fee | 4% of net sales | - |
Advertising Fee | 1/2% of net sales for Domestic & 1/4% of net sales for International | - |
Year Founded | 1972 | 1996 |
Year Franchised | 1979 | 0 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - Minimum of 5 years restaurant/hospitality experience in the market you wish to develop - Have the necessary infrastructure to support the concept and its development - Possess local market expertise in areas including trading demographics, codes and regulations and product acquisition - Culturally aligned with Landry's Inc. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | - Training programs for all management positions - Training programs for all hourly positions - Training program implementation at your location - Ongoing Training support |
Support | - | After signing the franchise agreement and paying the franchise fee and development fee (if applicable), you will immediately begin receiving assistance from the International Support Team, which consists of experienced representatives from each of the departments listed below. In addition, you will be assigned an International Project Manager who will oversee our departmental support and coordinate communications and activities between our organizations. In addition, after your location opens, an International Operations Representative will periodically visit your restaurant for on-site consultation and quality assurance evaluations. Your International Operations Representative is also available at any time for consultation on any business matter you wish to discuss. |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Tony Roma's is a full service, casual dining restaurant where you can find premier ribs and steaks in locations across the world. With over 150 restaurant locations on six continents, Tony Roma's is one of the most recognized brand names in the world! From Miami to Los Angeles, Orlando to Edmonton, and Tokyo to Madrid, Tony Roma's serves its signature ribs, world famous onion loaf, and other steak, chicken and seafood entrees to thousands of guests every day. Development of Tony Roma's is continuing in new and existing markets around the world. - Worldwide superior brand name recognition.
- Restaurants in over 33 countries
- Franchise focused senior management and disciplines
- Innovative menu
- Casually sophisticated ambiance
- Globally experienced and successful management team
- Parent company has no debt and healthy cash reserves
- Parent company has no pending or current litigation
If you are interested in a terrific franchise opportunity and have a desire to open your own Tony Roma's Restaurant, here is your chance!