Western Sizzlin vs Perkins Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Western Sizzlin vs Perkins including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Western Sizzlin Franchise
Perkins Franchise
Investment $811,000 - $2,300,000$1,557,975 - $2,742,975
Franchise Fee $30,000$40,000
Royalty Fee 3%4%
Advertising Fee --
Year Founded 19621958
Year Franchised 19651958
Term Of Agreement 20 years20 years
Term Of Agreement 20 years20 years
Renewal Fee -$5000-$7500


Business Experience Requirements

 
Western Sizzlin Franchise
Perkins Franchise
Experience --

Financing Options

 
Western Sizzlin Franchise
Perkins Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/No
Start-up Costs No/NoNo/No
Equipment No/NoNo/No
Inventory No/NoNo/No
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support

 
Western Sizzlin Franchise
Perkins Franchise
Training --
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
Marketing Ad slicks-
Operations 20% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 40

Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

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Expansion Plans

 
Western Sizzlin Franchise
Perkins Franchise
US Expansion Yes-
Canada Expansion NoNo
International Expansion NoNo

Company Overviews

About Western Sizzlin

WesterN SizzliN serves only the finest steaks. In the cooking process, our steaks are specially seasoned with Gold Dust, a WesterN SizzliN proprietary recipe. The combination of the Pascarellas original cooking technique and one-of-a-kind seasoning brought Nick and his wife Nora, an impeccable reputation for serving the most succulent tasting steak around. As one of our franchisees says, "We've got a special juicy flavor that only WesterN SizzliN has!" But don't just take our word for it, ask anyone who has ever had one, and they'll tell you about it. Nick's concept was just too good to keep to himself. In 1966 he responded to requests and began selling franchises nationally. By 1988, Nick's "steakhouse" had grown into a national chain with yearly sales of nearly half a billion dollars!

About Perkins

In today’s market, the opportunity to buy a Perkins® restaurant franchise business couldn’t be better for experienced restaurateurs interested in aligning with a concept that has withstood the test of time. Now more than ever, restaurant customers are looking for value without sacrificing selection and taste. A top leader in the family restaurant dining segment since 1958, Perkins offers high quality, flavorful and affordable menu options for breakfast, lunch, and dinner and snack. With more than 440 units across the U.S. and Canada, the heritage of the Perkins brand and the ability to adapt to current consumer trends have placed it among the top performing companies in the family restaurant franchise segment.

It’s time to take a fresh look at Perkins Restaurants. Find out how you can own one of the best family restaurant franchises in the business, and deliver the Perkins experience to loyal diners, through single-unit operations and multi-unit ownership franchise opportunities. Perkins gives you the chance to bring comfort, value, and great taste to your community - not to mention solid growth potential to your own career in foodservice.

Perkins has a vision for the future, and wants you to be part of it: our goal is to continue to offer great food and memorable dining experiences to guests across the continent!

Join Perkins and leverage our name, our established systems, and our special recipes - all while pleasing your guests and charting your future in the industry.

The total investment necessary to begin operation of a Perkins Restaurant and Bakery franchise is $1,557,975 - $2,742,975. This includes the $50,000 initial fee paid to the franchisor (unless you are participating in the Refranchising Program). Under the Company Restaurant Refranchising Program, in which an existing company-owned restaurant is transferred to a franchisee, the initial franchise fee is negotiable and will vary in amount depending on, among other things, the length of the franchise term and the profitability of the restaurant (additional information about the Refranchising Program is provided in the Disclosure Document).
In addition, if you sign a Development Agreement for three or more restaurants, the initial franchise fee is $40,000 for the first restaurant, $35,000 for the second restaurant and $30,000 for the third and any subsequent restaurant(s).