|
Below is an in-depth analysis and side-by-side comparison of Soul Fixins' Restaurant vs Shoney's Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $274,000 - $524,000 | $568,000 - $2,800,000 |
Franchise Fee | $30,000 | $25,000 - $35,000 |
Royalty Fee | 5% | 2.5-3.5% |
Advertising Fee | - | - |
Year Founded | 1993 | 1968 |
Year Franchised | 2004 | 1971 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | 50% of then franchise fee | - |
Business Experience Requirements |
||
Experience | - | Solid business experience Multi-unit management Proven expertise in retail (food and beverage a plus) Previous franchise experience advantageous |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | - | - |
Support | Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | - | - |
Operations |
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
NO LONGER FRANCHISING
Soul Fixins' Restaurant has been working since 1992; New York's multi-grant winning Berry Brothers have been idealizing and making energizing soul sustenance food. Their eatery can brag of rehashed "Elite" Awards, a dedicated and developing after and extravagant acclaim from nearby, provincial and national nourishment authors. The purposes behind this are the freshness of both the fixings and their reasoning. The nourishment is basic yet scrumptious. As clients enter the eatery, drifts of home cooking fill the air; the scents of fricasseed chicken, BBQ save ribs, shrimp scampi and meatloaf buoy to their nose. In any case, the great odors don't measure up to the incredible kinds of this Southern food once they take a seat to take a nibble. Maybe the most shocking enjoyments are the side dishes and vegetables. The plantains, the macintosh and cheddar and the collard greens are shockingly better than they would envision.
Since 1947, Shoney’s has been known for authentic southern dishes that are available for breakfast, lunch, supper and to-go.
Today, after completing an extensive revitalization program that includes a focus on freshly prepared, innovative menu items, beautifully redesigned restaurants with flat screen TV’s and modern furnishings and the commitment to give back to the communities we serve, Shoney’s truly is better than ever.
Shoney’s is a Nashville-based company with more than 140 restaurants located in 16 states. Each restaurant strives to give back and be a pillar to the community, which is the hallmark of Shoney’s culture. We support local schools, sports teams, the military, firefighters, police, EMTs and more.
From San Antonio, Texas to Dover, Ohio and every location in between, our restaurants are committed to partner with the communities we serve.
Grow with us! Make Shoney’s a part of your future and invest in a business you’ll be proud to own.