| ||||
Updated RecentlyTin Star Restaurant vs Shoney's Restaurants Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tin Star 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 | $500,000 | $568,000 - $2,800,000 |
| Franchise Fee | $20,000 - $35,000 | $25,000 - $35,000 |
| Royalty Fee | 4% | 2.5-3.5% |
| Advertising Fee | - | - |
| Year Founded | 1999 | 1968 |
| Year Franchised | 2003 | 1971 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal 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/No | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
||
| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Ad slicks | - |
| Operations |
Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 35 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About Tin Star Restaurant
Become a Part of the Tin Star Family Tin Star is seeking energetic, motivated restaurateurs with an unrelenting commitment to Guest service, quality and freshness. We're proud of our concept, and we're excited to find qualified, experienced franchisees who share our passion for great food, fantastic flavors and the Tin Star spirit of hospitality. Take a look at our preliminary requirements and contact our corporate officers for information about available opportunities. If you are interested in developing a specific market and meet all of the preliminary requirements, please complete our application. The Tin Star team has worked hard to put together a franchise program that includes support related to restaurant design, operations, training and development and marketing. Rich Hicks, President, has extensive experience in the restaurant and hospitality industry. At Tin Star, our spirit shines through our people, our food, and the experience we create for our Guests. We invite you to get in touch with us to learn more about specific franchise opportunities available at Tin Star.
About Shoney's Restaurants
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.