|
Below is an in-depth analysis and side-by-side comparison of Friendly Banners vs abc Country Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $450,000 | $250,000 - $700,000 |
Franchise Fee | $30,000 | $50,000 |
Royalty Fee | 4% | 4% |
Advertising Fee | 2% | 2% |
Year Founded | 1989 | 1972 |
Year Franchised | 1989 | 1983 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | Yes | Yes |
International Expansion | No | - |
A family style restaurant concept featuring a program of ice cream desserts. Open for breakfast, lunch and dinner. Senior's discounts and children's menu available. A range of delicious, high quality ice cream treats from Big Scoop also tempts guests. These delicious treats can be enjoyed after a full-service meal in Banners' comfortable surroundings, or purchased as take-out items from the Big Scoop module unit within the Banners Restaurant.
Your country, your restaurant, your franchise opportunity.
abc Country Restaurants are designed to feel as comfortable as home and as authentic as the menu. We appeal to a variety of diners from the early morning crowd, to families in for Friday night dinner, and everyone in between. Diners at abc can expect genuine service and the taste of country in a relaxed atmosphere.
Since 1972, abc has been building on the concept of family dining in BC and Alberta. abc Country is a federally incorporated franchise company that is privately owned and operated across British Columbia and Alberta with our head office located in Burnaby, BC.
Acquiring an abc Country requires a few different costs. Obtaining the exclusive rights to an abc Country Restaurant Franchise is $50,000. There is an additional 4% royalty fee and 2% advertising fee based on monthly sales volumes.
Starting up your own franchise will vary in cost depending on whether or not you are starting from scratch or building on a previously existing restaurant. The development of a new location varies, but it is usually upwards of $700,000. The cost to convert an existing restaurant starts around $200,000 depending on the equipment already in place. Whichever way you decide, becoming an owner of your neighbourhood’s new favourite restaurant is as simple as a.b.c.
We are interested in any proposals and are always up for the task for a new location. After all, every neighbourhood deserves an abc Country Restaurant.