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Updated RecentlyTwin Peaks vs Symposium Cafe Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Twin Peaks 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 | $1,309,800 - $2,365,900 | $625,000 - $675,000 |
| Franchise Fee | $50,000 | $40,000 |
| Royalty Fee | 5% | 4% |
| Advertising Fee | 3% | 1% |
| Year Founded | 2005 | 1996 |
| Year Franchised | 2005 | 2004 |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| 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 |
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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 | *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. | 3 full months of training for up to three individuals at an existing Symposium Cafe location. |
| Support | *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 | 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 | 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 | *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 |
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| US Expansion | Yes | - |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
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!
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.