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Below is an in-depth analysis and side-by-side comparison of Famous Sam's vs Shoeless Joe's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $586,000 - $1,200,000 | $750,000 - $1,000,000 |
Franchise Fee | $30,000 | $45,000 |
Royalty Fee | 5% | 5%-6% |
Advertising Fee | - | 2% |
Year Founded | 1979 | 1985 |
Year Franchised | 1989 | 1987 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Field operations/evaluations | - |
Marketing | Co-op advertising | - |
Operations |
46% of all franchisees own more than one unit
100% of current franchisees are owner/operators | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | No |
In Tucson, Arizona, in 1963, Sam Schantz opened a small neighborhood bar called 'Sam's Tavern.' Serving overstuffed pastrami and ham sandwiches, Sam's Tavern kept customers entertained with pool tables, pinball machines and television. In February 1987, Sam's Tavern incorporated as Famous Sam's Corp., and franchising began the next year. In 1997, Famous Sam's Inc. was incorporated as a wholly owned subsidiary, and company headquarters moved to Phoenix. Famous Sam's Restaurant/Sports Bars offers reasonably priced casual dining with 'Overstuffed/Oversized' sandwiches and a full bar. Restaurants feature televisions tuned to sporting events and the 'National Trivia Network,' inviting guests to play trivia games. Game areas include pool tables, darts and video games.
Shoeless Joe's Restaurants are sports themed, casual dining restaurants throughout Ontario. Founded in 1985, Classic Shoeless Joe's ambiance is a warm and cozy atmosphere with rich mahogany decor. There is one TV in each booth and everyone can view a TV from their seat. Decor is spiced with plenty of authentic sports memorabilia. Shoeless Joe's Sports Grills are the best place to watch the game! Great food, great service, great atmosphere! Sizes range from 4,000 sq.ft - 6,000 sq.ft.