|
Below is an in-depth analysis and side-by-side comparison of Beef O'Brady's vs Shoeless Joe's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $806,825 - $1,288,350 | $750,000 - $1,000,000 |
Franchise Fee | $37,500 | $45,000 |
Royalty Fee | 4% | 5%-6% |
Advertising Fee | 2.3% | 2% |
Year Founded | 1985 | 1985 |
Year Franchised | 1998 | 1987 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
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/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | At Beef'O'Brady's University, workshops | - |
Support | Meetings, Toll-free phone line, Grand opening, Field operations/evaluations | - |
Marketing | Regional advertising | - |
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 30 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | No |
Shoeless Joe's Restaurants are sports themed, casual dining restaurants throughout Ontario. Founded in 1985, Classic Shoeless Joe's ambiance is a warm and cozy atmosphere with rich mahogany decor. There is one TV in each booth and everyone can view a TV from their seat. Decor is spiced with plenty of authentic sports memorabilia. Shoeless Joe's Sports Grills are the best place to watch the game! Great food, great service, great atmosphere! Sizes range from 4,000 sq.ft - 6,000 sq.ft.