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Below is an in-depth analysis and side-by-side comparison of Krieger's vs House of Jazz including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $450,000 | $750,000 - $1,200,000 |
Franchise Fee | $30,000 | $75,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 2% |
Year Founded | 1991 | 1981 |
Year Franchised | 2002 | 2012 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Excellent promoter | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | - | yes |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | yes |
Marketing | Co-op advertising, Ad slicks, Regional advertising | yes |
Operations |
85% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | Yes |
International Expansion | No | Yes |
Restaurant and club home to Canada's finest jazz musicians since 1981, built by Montrealer Georges Durst. Features menus and profiles of recent and former musicians. Whether you're a party of 2 or 22 coming to have lunch, dinner or cocktails, the House of Jazz staff always does the utmost to make your experience memorable. House of Jazz is looking to expand in major cities across Canada and the U.S.A. If you're interested in a one-of-a-kind opportunity, contact Pierre Payette, cell 450-712-2377 or email [email protected]