| ||||
Updated RecentlyAlbert's Family Restaurant vs Twin Peaks Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Albert's Family Restaurant vs Twin Peaks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $280,000 - $400,000 | $1,309,800 - $2,365,900 |
| Franchise Fee | $25,000 | $50,000 |
| Royalty Fee | - | 5% |
| Advertising Fee | - | 3% |
| Year Founded | - | 2005 |
| Year Franchised | - | 2005 |
| Term Of Agreement | - | 15 years |
| Term Of Agreement | - | 15 years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | *Multi-unit developers (ability to develop three or more restaurants): $500,000 liquid (per store); $1,500,000 net worth (per store). *Strong banking relationships and ability to secure funding. Management and Operating Requirements *At least five years multi-unit restaurant operations and development experience. *The ability to deliver a superlative customer experience while maintaining a dedication to develop the Twin Peaks culture. *Live in your market and have strong ties to the local community. *The ability to create and manage an organization that recruits, trains, retains and motivates people effectively. *Dedication to operations excellence. |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | Albert's will provide you with an extensive four week training program which covers all aspects of restaurant operations. Our professional training representatives will take you through each stage of operations, including: purchasing, kitchen routines, personnel and recruiting, management controls such as food and labour costs, equipment maintenance, marketing and promotions, customer and employee relations. All training is completed in Edmonton, Alberta. | *The franchise group's control person and all management participate in a 6-7 week training program at the Twin Peaks Training Center located in Dallas, Texas. *Additionally, we provide an opening training team to provide on-site pre-opening and opening training, supervision and assistance to you for a minimum of 14 days. *Once completed, franchisees receive regular updates to their training, including on-site visits and operation reviews. |
| Support | Franchising is a partnership that depends on cooperation and mutual support. That's why we offer all our franchisees ongoing professional support in all aspects of operations. This support ensures the profitability of each restaurant. Our Operations Manager will periodically visit your restaurant to assist in the launching of new menu items, update purchasing programs, or to assist you in any area of operations. Albert's senior management strongly believes in action: immediate follow-up on your requests for assistance. | *Development and Site Selection help *Grand opening *Training teams *Meetings *Intranet system/Online training materials *Security/safety procedures *Field operations/evaluations *Purchasing cooperatives, R&D |
| Marketing | Albert's Franchise Inc. has a commitment to increasing market share through professional assistance to all franchisees, aggressive promotion and marketing, increasing the customer-base in every unit, and most important, increase the awareness of the Albert's brand name throughout Western Canada. Today's customer identifies with a established brand name...it's the most valuable commodity a company can own. Customer loyalty to a brand is exactly what franchising is all about. Our marketing support will reflect changing needs and trends, and through communications with you, we will enhance our advertising and promotion efforts to assure you are receiving the most effective marketing possible. | Co-op advertising, Interactive Website, Merchandise, Email Club, Billboards, Girl of the Month photo shoots, Twin Peaks TV in house ads, Seasonal Costume changes, Private label beer. |
| Operations | Our aim is to build a strong franchise network by providing an efficient Operating System. Albert's Operating Manual documents our system and is easy to follow. This manual is the franchisee's continual reference to ensure employees are following the proper methods and procedures. | *50% of all franchisees own more than one unit. *Number of employees needed to run franchised unit: 60. *Absentee ownership of franchise is allowed.. |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Albert's Family Restaurant
Today's economy demands a track record of success from any business wishing to achieve long-term employment and profit goals. Our track record dates back 50 years with the opening of our first Albert's in Edmonton, Alberta. And considering today's highly competitive market, Albert's five decades of achievement is indeed impressive.
Over the years Albert's has adapted to changing market trends of family eating habits and preferences. As a result of our market adaptation we have expanded our menu to reflect the desires of our customer,
evolving into our present image as a family restaurant, with a choice of 75 different recipes from which to select our daily specials, as well as exciting lunch and dinner specials.
For fifty years we have maintained our loyal customer base for three reasons:
1. Quality Food
2. Reasonable Prices
3. Excellent Service.
Because of our track record we are now able to offer an Albert's Family Restaurant franchise opportunity to the right kind of people. People who desire success as we do. Our established trade name, proven operating system and ongoing support are the tools our franchisees need to succeed and increase market share.
Albert's vision is to build a network of some 50 units and thus achieve our goal of being the Premier Family Restaurant Franchise Group in Western Canada. We invite you to join in our success as we grow and prosper.
About Twin Peaks
Twin Peaks is actively seeking highly qualified restaurant developers and operators to become franchisee brand partners. Prior restaurant experience, coupled with sufficient financial resources, knowledge of your development area and a track record of success are important factors in our selection process. We have an attractive restaurant concept; our customers tell us so every day. But when a seasoned restaurant pro appreciates this business opportunity - well, that's truly flattering! Thank you for your interest in our franchise program. Getting involved now will maximize your opportunity to grow your business with us. Lucky for us, not many restaurants have good business models. At Twin Peaks our Attractive Business Model is our biggest selling point! But how many have applied it to the restaurant business? Lucky for us, damn few. And that means huge opportunities for expansion.Twin Peaks does not compete directly with the "bar & grill" or "sports bar" segments of casual dining. Instead, we are in a less developed but more attractive niche that requires better food, colder beer and hotter girls than our competition. Our carefully engineered systems simplify the Twin Peaks operation, empowering skilled casual dining operators to dominate our segment in home markets. We award franchises to only the best candidates in each market. The continued growth and success of our brand depends on our franchisees, and our highly experienced leadership team works side by side with them to deliver the support needed to dominate each market. If you think you've got game as a top-level Twin Peaks franchise candidate, please complete and return our Franchise Candidate Application. Afterward, we will contact you to discuss the opportunities available!