|
Below is an in-depth analysis and side-by-side comparison of Long John Silver's vs LJS Fish & Chips including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $671,000 - $1,770,000 | $150,000 - $250,000 |
Franchise Fee | $10,000 - $20,000 | N/A |
Royalty Fee | 5% | 6% |
Advertising Fee | 5% | - |
Year Founded | 1969 | - |
Year Franchised | 1970 | - |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 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 | - | LJS has an extensive training programme for franchisees, under the supportive guidance of an LJS Support Manager. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Ad slicks, National media, Regional advertising | LJS has always led and continues to lead the market by maintaining a competitive edge with new innovations and product in its stores. Innovations include addressing the health conscious segment of the market with the use of cholesterol FREE pure Rice Bran oil and the health advantages that it provides, and the introduction of hot-plate grillers allowing the option of grilled fish and other products. |
Operations |
Franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Become Part of the LJS Franchise Network Setting up a new business alone in today's economic and retail environment can be an uncertain and stressful experience. LJS offers you a turnkey operation - no uncertainty, guesswork or mistakes on setting up the business. You can take advantage of all the benefits of an established reputation, inventive marketing initiatives and an organised supportive structure to work within.