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Below is an in-depth analysis and side-by-side comparison of Seacrets vs Sam & Louie's N Y Pizza 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 | $331,500 - $474,700 |
Franchise Fee | $45,000 | $25,000 |
Royalty Fee | 6% and 10% from hotel | 5% |
Advertising Fee | 1% local | - |
Year Founded | - | 1994 |
Year Franchised | - | 2000 |
Term Of Agreement | 10 years+10 +10 | 10 years |
Term Of Agreement | 10 years+10 +10 | 10 years |
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. | Our ideal franchise partner will have some or most of the following attributes: �A high energy level �Good communication skills �A desire to be in the specialty food/restaurant business �An understanding of business operations and management principles �Sales and marketing skills �Be adequately financed �A strong desire and ambition to succeed �Be outgoing in nature and enjoy dealing with people |
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 | *Available at headquarters: 4-6 weeks. *At franchisee's location: 2-3 weeks. Our exceptional training program includes both classroom and hands-on training in critical areas such as promotional activities, food preparation, customer service, administrative duties, problem solving and more. |
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. | Support where you need it Beginning with your site selection, obtaining equipment and supplies, pre- and post- grand opening, through day-to-day operations, Sam & Louie's is with you every step of the way to help ensure the success and growth of your business. You will receive a confidential, complete Operations Manual with periodic updates covering all areas of the Sam & Louie's system. Our helpful management staff will communicate with you on an ongoing basis and are available for consultation and assistance on all facets of your operation. |
Marketing | - | - |
Operations | - | *10% of all franchisees own more than one unit. *Number of employees needed to run franchised unit: 15. *Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators). |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
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