|
Below is an in-depth analysis and side-by-side comparison of Damon's vs The Sawmill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $1,200,000 - $3,200,000 | $1,000,000 |
Franchise Fee | $50,000 | $50,000 |
Royalty Fee | 4% | - |
Advertising Fee | - | - |
Year Founded | 1979 | 1976 |
Year Franchised | 1982 | 2004 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
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 |
||
US Expansion | Yes | Yes |
Canada Expansion | No | Yes |
International Expansion | No | - |
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.
Sawmill Prime Rib & Steak House clientele expect the best and are willing to compensate with a higher than average guest cheque. This is an important consideration when comparing franchise options.
We are 100% behind our Franchisees and totally committed to their success. Comprehensive training is provided and all details are addressed to ensure efficient operations in front and back of house.
Our screening process is thorough and comprehensive to ensure that your experience and business acumen are the right fit to assure mutual success in years to come.