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Updated RecentlyDamon's vs Madisons New York Grill & Bar Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Damon's vs Madisons New York Grill & Bar including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $1,200,000 - $3,200,000 | $175,000 - $500,000 |
| Franchise Fee | $50,000 | $30,000 - $40,000 |
| Royalty Fee | 4% | 6% |
| Advertising Fee | - | - |
| Year Founded | 1979 | 0 |
| Year Franchised | 1982 | 0 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | - |
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
| Operations |
Franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 80 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | Yes |
| International Expansion | No | No |
Company Overviews
About Damon's
Founded in 1979, Damon's International, Inc., is headquartered in Columbus, Ohio. With more than 100 company and franchised locations worldwide, Damon's International, Inc., is a leading full-service, casual dining restaurant concept that emphasizes prime rib, grilled steaks, chicken, seafood, salad and Damon's award-winning ribs. Guests enjoy a quiet dining room or Damon's high-energy Clubhouse that features DTV, a proprietary, state-of-the-art multi-screen entertainment system offering sports, network programming and interactive games. Join a growing brand and enjoy the benefits of a great restaurant heritage and a strong and committed management team. Built upon a strong reputation for excellent barbecued ribs and outstanding entertainment in a unique dining environment, Damon's Grill is one of the industry's most distinctive casual theme restaurant concepts with high energy and great food. Damon's Grill has several lucrative territories available to experienced restaurant professionals who can demonstrate financial and operating capabilities.
About Madisons New York Grill & Bar
Madisons, an immediate reference to the Big Apple. The city that never rests, characterizes patterns, form where everything happens. Madisons is putting forth it to its visitors in an inviting stylistic theme, brimming with life and complexity while never going over the edge.
To appreciate a Top quality steak, matured for no less than 28 days for streamlined delicacy and taste, consummately barbecued, Madisons is the place.
Our popular Babyback ribs, only from pork raised actually without included hormones or anti-infection agents, are so delicate the meat litterally fall of the bones.
Mind boggling plates of mixed greens, crisp fish, extraordinary sandwiches and a bar with its own feeling are the same number of more motivations to appreciate Madisons.
Consistently, committed proprietors and workers convey on our guarantee;
The vibe great Steakhouse!