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Below is an in-depth analysis and side-by-side comparison of Mister Bar-B-Que vs Shula's on the Beach including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $159,900 - $163,600 | $1,126,600 - $3,037,500 |
Franchise Fee | $15,000 | $150,000 - $175,000 |
Royalty Fee | 6% | 10% |
Advertising Fee | - | Not less than $30,000 |
Year Founded | 1988 | - |
Year Franchised | 1997 | - |
Term Of Agreement | 10 years | 10 years +10+10 |
Term Of Agreement | 10 years | 10 years +10+10 |
Renewal Fee | 20% of current franchise 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/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | - | - |
Support | Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
Marketing | Ad slicks | - |
Operations |
International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
NO LONGER FRANCHISING
TOP TEN REASONS FOR A SHULA'S FRANCHISE #1 Shula's Brand #2 Shula's Product #3 Shula's Knowledge / Expertise #4 Shula's Support #5 Shula's Success #6 Shula's Leadership #7 Shula's Integrity #8 Shula's Marketing #9 Shula's Business Flexibility #10 Shula's Cost Effective Design and Rehab