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Updated RecentlyLong John Silver's vs Bailey Seafood Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Long John Silver's vs Bailey Seafood including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $671,000 - $1,770,000 | $226,000 - $382,000 |
| Franchise Fee | $10,000 - $20,000 | $35,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 5% | - |
| Year Founded | 1969 | 1989 |
| Year Franchised | 1970 | 2019 |
| 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 | -/Yes |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/No | -/Yes |
| Inventory | No/No | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
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| Training | - | Bailey Fish & Seafood offers a comprehensive and hands on training program in order to ensure that franchisees are 100% equipped with the knowledge, skills and expertise to successfully operate their own center. Our multi-phase training includes hours of hands on training at one of our already established locations in addition to many hours of ongoing support at your newly established location. On-The-Job Training: 20 hours Classroom Training: 14 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Grand Opening Site Selection |
| Marketing | Ad slicks, National media, Regional advertising | Social media |
| 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 |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
Company Overviews
About Long John Silver's
An enterprising businessman and restaurateur named Jim Patterson returns from a vacation on the coast where he'd experienced a truly exceptional Fish and Chips meal. His vision was simple: Bring this unique seafood experience from the coast to the rest of America so they can experience it, too.
The next several decades saw Long John Silver's expand across the country. With our iconic steeple-roofed Cape Cod restaurants and one-of-a-kind menu, Long John Silver's introduced more and more guests to great-tasting fish, chicken, shrimp and more.
Our new journey began two years ago when Long John Silver's was purchased by a newly created group of owners and operators - people who had been part of the Long John Silver's family for decades, including the founder himself and his son.
It's a new day here at Long John Silver's. Together we're charting a new course forward. How? It's more than great-tasting, sustainably harvested seafood. We're bringing a renewed energy to better restaurant and guest experiences, fun and innovative new meal options and, of course, great value.
Long John Silver's is the nation's largest quick-service seafood chain, and has been named among the top 50 restaurants and #1 seafood brand in quick service. Long John Silver's is a classic American brand based in Louisville, Ky. with more than 1,100 franchised restaurants located throughout the U.S. and Asia. Through its franchise model, Long John Silver's backs its franchisees with food innovation, marketing, and business support.
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#65 on Franchise Rankings.com
About Bailey Seafood
Bailey Seafood was founded in 1985 out of a passion for fresh seafood.
Started out with only one employee, the market quickly grew after
customers from the neighborhood realized they can purchase the freshest
seafood in Buffalo without having to travel far. Through a lot of hard
work and word of mouth, Bailey Seafood quickly anchored itself as one of
the best places to get a fast and fresh fish dinner in Buffalo.
Bailey’s Fish & Seafood provides you an opportunity to partner
with an industry leader whose sales grow more and more annually. Our
concept is unlike any other. We have geared our company to provide you
with knowledge, support and training that will allow you to effectively
meet and surpass any consumer expectations.
Offerings
We offer two different types of franchise opportunities. You can
choose to own a single unit franchise which allows you to operate your
own Bailey Fish & Seafood in a protected territory of your choice.
We also offer area development Franchises for those looking to lock down a
larger territory and slowly build a series of Bailey Fish &
Seafood locations/territories.