|
Below is an in-depth analysis and side-by-side comparison of The Captain's Boil vs Bailey Seafood including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $255,746 - $995,550 | $226,000 - $382,000 |
Franchise Fee | $30,000 | $35,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | 2% | - |
Year Founded | 2015 | 1989 |
Year Franchised | 2016 | 2019 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
||
Training | On-The-Job Training: 2 weeks Classroom Training: Ongoing | Bailey Fish & Seafood offers a comprehensive and hands on training program in order to ensure that franchisees are 100% equipped with the knowledge, skills and expertise to successfully operate their own center. Our multi-phase training includes hours of hands on training at one of our already established locations in addition to many hours of ongoing support at your newly established location. On-The-Job Training: 20 hours Classroom Training: 14 hours |
Support | Meetings/Conventions Grand Opening Field Operations Site Selection Proprietary Software | Grand Opening Site Selection |
Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Social media |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
While the success of The Captain’s Boil is exceptional, it is also unsurprising. People love the idea of "feast like a pirate! dine like a captain”. The Captain’s Boil focuses on the overall dining experience and great food. The playfulness of our brand coupled with our casual dining culture makes for an exciting dining (and marketing) experience. It is no wonder we’ve been trending on social media.