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Below is an in-depth analysis and side-by-side comparison of Madisons New York Grill & Bar vs Bandana's Bar-B-Q including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $175,000 - $500,000 | $418,000 - $1,100,000 |
Franchise Fee | $30,000 - $40,000 | $40,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | - |
Year Founded | 0 | 1996 |
Year Franchised | 0 | 2004 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | 50% of current franchise 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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | * Available at headquarters: 5 weeks * At franchisee's location: 10 days * As needed |
Support | - | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives * Ad slicks * Regional advertising |
Marketing | - | - |
Operations | - | |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | Yes | - |
International Expansion | No | - |
Madisons, an immediate reference to the Big Apple. The city that never rests, characterizes patterns, form where everything happens. Madisons is putting forth it to its visitors in an inviting stylistic theme, brimming with life and complexity while never going over the edge.
To appreciate a Top quality steak, matured for no less than 28 days for streamlined delicacy and taste, consummately barbecued, Madisons is the place.
Our popular Babyback ribs, only from pork raised actually without included hormones or anti-infection agents, are so delicate the meat litterally fall of the bones.
Mind boggling plates of mixed greens, crisp fish, extraordinary sandwiches and a bar with its own feeling are the same number of more motivations to appreciate Madisons.
Consistently, committed proprietors and workers convey on our guarantee;
The vibe great Steakhouse!
The tradition began in September of 1996 when our first Bandana's
BAR-B-Q opened in Arnold, Missouri. Our mission remains the same, to
provide the best Southern Style BAR-B-Q, with exceptionally quick
service, in a friendly, family atmosphere. Our real wood pit smokers
operate 24 hours a day, which is why you can "SMELL THAT SMOKE" every
time you come to Bandana's BAR-B-Q.