| ||||
Updated RecentlyIndigo Joe's vs Village Inn Restaurants Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Indigo Joe's vs Village Inn Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $1,200,000 - $1,300,000 | $963,000 - $2,570,000 |
| Franchise Fee | $30,000 | $40,000 |
| Royalty Fee | 5% | 4% |
| Advertising Fee | 1.5% | 1%local +0.5%Nat'l |
| Year Founded | 1994 | 1958 |
| Year Franchised | 2002 | 1961 |
| Term Of Agreement | 10 years +10 | - |
| Term Of Agreement | 10 years +10 | - |
| Renewal Fee | $10K | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | Prior to the opening of the store, it is essential to successfully complete Indigo Joe's intensive 6-week franchise training program. This program will educate the franchise owner in all aspects of restaurant operations as well as provide him or her with all the necessary tools. Topics that will be covered include customer service, preparation of Indigo Joe's menu items, quality and food portion control, beverage and inventory management, cost control, employee hiring and scheduling, store safety guidelines, management tools and systems, turnover reduction and budgeting and forecasting. Store Opening training is provided for 7 days prior to the opening date and until 7 days after. This training is a more "hands on" approach to managing and successfully running an Indigo Joe's restaurant. | - |
| Support | Indigo Joe's provides on-going operational support through their field service representatives | - |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
| Operations |
International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Indigo Joe's
Indigo Joe's Sports Pub & Restaurant is no average sports bar and grill but most importantly, a family oriented restaurant. It is committed to being the very best place for fans to view their favorite sports teams. Team banners are grouped by conference and region and many customers enjoy the 'coaches wall', which includes customized, autographed pictures of some of the most famous sports figures to date. The franchise allows for multiple revenue opportunities which includes in-store, take out and catering sales. The multiple-unit organization is backed by a franchise training and ongoing support program. The franchise owner will benefit from our Corporate Support Team which will provide the introductory training program, on going support in operations and marketing and advertising. Indigo Joe's understands the importance of Marketing and Advertising in becoming successful and in creating brand recognition. Attention to details keeps the customer happy and encourages him to tell others about his experience. This franchise program allows for multiple revenue opportunities including in-store, take-out and catering sales. The multiple unit organization is backed by franchise training and an ongoing support program.
About Village Inn Restaurants
Village Inn is a proven family-restaurant brand that follows a simple
recipe for success: Provide good food and good feelings at a reasonable
price in a relaxing atmosphere. By treating our customers to
consistently great-tasting food, extra-friendly service and
sparkling-clean restaurants - we keep them coming back to us.
Since our first restaurant opened in 1958, followed by the first
franchise restaurant in 1961, times have changed. But as Village Inn’s
continued growth and success demonstrate, our unique brand of family
restaurant will never go out of style.
Each Village Inn restaurant features special qualities that set us apart from our competition:
- delicious menu of home-style fare, including signature breakfast foods served throughout the day, lunch and dinner selections and award-winning pies
- tradition of treating our customers as if they are guests in our home
- warm and inviting interior design, featuring welcoming lobbies and tempting pie displays
The qualities we look for in our partners include:
- A proven track record in the restaurant and/or hospitality business
- A history of business achievement
- The drive, passion and determination to succeed in a highly competitive environment
- An unwavering commitment to follow the systems and uphold the standards that define Village Inn
- An entrepreneurial spirit
In turn, Village Inn provides support for operating:
- A proven business model
- An increasingly familiar brand name
- A proven Operating and Management System