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Updated RecentlySeacrets vs Symposium Cafe Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Seacrets vs Symposium Cafe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $1,639,333 - $3,061,667 | $625,000 - $675,000 |
| Franchise Fee | $45,000 | $40,000 |
| Royalty Fee | 6% and 10% from hotel | 4% |
| Advertising Fee | 1% local | 1% |
| Year Founded | - | 1996 |
| Year Franchised | - | 2004 |
| Term Of Agreement | 10 years+10 +10 | - |
| Term Of Agreement | 10 years+10 +10 | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | *You or an operating partner within your franchise team must have significant foodservice and/or hospitality experience in order to qualify to become a Seacrets franchise owner. *In most cases, we expect franchise owners/operating partners to take an active role in daily operations. *Sales, customer relations, and supervisory skills, plus a strong work ethic coupled with honesty and integrity, are also important. *You must be able to meet the financial requirements for developing and operating a Seacrets business. | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | *You and your key management and kitchen staff will receive up to eight weeks of training at our corporate location. *Additional training will be provided if hotel or nightclub operations are part of your franchise business | 3 full months of training for up to three individuals at an existing Symposium Cafe location. |
| Support | *Site Selection & Build-Out Guidance: site selection, building design and interior and exterior decor. *Initial Training and Ongoing Support: comprehensive corporate- and local-based training covering key business management functions. (Additional training will be provided to franchisees who oversee hotel or nightclub operations.) *Inventory Assistance: including planning and ordering initial equipment and supplies. *Established Standards and Procedures for every part of the business (front of house, back of house, bar, restaurant, music venues, and more), all detailed in our confidential operations manual. *Exclusive recipes, ingredients and cooking techniques for our specialty dishes, many of which are made from scratch; plus proprietary branded food products for retail sale. *Relationships with approved vendors and built-in volume discounts. *Marketing guidance and pre-developed materials for local advertising and promotions. | A transition tutor is assigned to directly assist you on a regular basis in your restaurant franchise for a period of 10 weeks. This tutor works closely with you through the opening stages of your cafe, the day-to-day operating systems and procedures to ensure a successful start-up of your restaurant. This program is designed to strengthen and build the Franchise operators commitment to our proven systems. Our unique 10 weeks in-store program is crucial to building your team, establishing a strong customer base, growing restaurant sales and operating a successful Symposium Cafe franchise. The field consulting team provides ongoing support and training through restaurant visits and coaching. They ensure all Symposium Cafe systems, specifications and standards are in place to drive consistent operations and profitable sales. Professional operations staff makes ongoing visits to your restaurant to hear any concerns you may have. They'll also conduct restaurant audits, which expose areas of concern within your operation. Our regional managers work with our Franchisees to develop action plans to correct and eliminate any problems uncovered. |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
About Seacrets
The Seacrets Restaurant, Bar and Hotel Franchise Program: Bring a Little Bit of Jamaica to Your Local Community Since Seacrets was propelled over two decades back, our idea has turned out to be synonymous with great sustenance and great circumstances for clients from up and down the Eastern Seaboard … and past. Everybody who visits Seacrets appreciates a smidgen of island life. That is the reason we're glad to call ourselves Jamaica, U.S.A.! Presently we're prepared to grow our physical operations past our Ocean City, Maryland base, and bring our tropical eating and excitement experience to individuals the country over. We've put a great deal of work into cleaning and culminating our frameworks, methodology, formulas, and the sky is the limit from there, and we are prepared to impart the points of interest to qualified establishment proprietors. Join our group and get on the way to owning and growing a genuinely unmatched idea in the gigantic cordiality establishment industry. Seacrets gives you the instruments, the marking, and the interestingly themed idea you have to emerge in the commercial center! For more data on the Seacrets establishment program, visit our Frequently Asked Questions page, ask for a leaflet
About Symposium Cafe
The Symposium Cafe Restaurant - a unique cafe and restaurant franchising opportunity, that is both challenging and rewarding and is redefining the cafe experience. Our competitive advantages stem from the foundation of our gourmet restaurant franchises through to the corporate infrastructure, operational systems and support, and our supplier partnerships. Our franchise system guides each of the franchisees through every facet of the restaurant operation. Upon becoming familiar with our system each franchisee will be able to train and develop each of their associates in all areas of the restaurant business. Our system revolves around the philosophy of "Continued Training" to guarantee our team meets and exceeds our dining patrons expectations. All positional training techniques are clearly outlined in our restaurant manuals with easy to implement instructions. Our restaurant cost management system, indexed in our operations manual, is designed to provide you with the necessary tools to completely analyze and understand your restaurant franchises business both from a sale and cost perspective. Informative and educational restaurant symposiums are held with the main focus and discussion revolving around driving and developing our restaurant and patio sales while controlling costs using our proven cafe systems. All of these elements make The Symposium Cafe franchise a successful, rewarding restaurant franchises opportunity.