Perkins vs IL FORNELLO Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Perkins vs IL FORNELLO including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$1,557,975 - $2,742,975 | $100,000 - $700,000 |
Franchise Fee |
$40,000 | $35,000 |
Royalty Fee |
4% | 4% |
Advertising Fee |
- | 1% |
Year Founded |
1958 | 1986 |
Year Franchised |
1958 | 1989 |
Term Of Agreement |
20 years | - |
Term Of Agreement |
20 years | - |
Renewal Fee |
$5000-$7500 | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
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 |
Training |
- | 10 weeks |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
No | Yes |
International Expansion |
No | - |
Company Overviews
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).
About IL FORNELLO
In 1986 IL FORNELLO introduced Toronto to wood-oven baked pizza
and the response was overwhelming. From the very first day IL FORNELLO
opened its doors our priority has been to provide our guests with the
highest quality food and service possible. But we have also anticipated
and adapted to the evolving food preferences and sensitivities of our
customers. As a result, IL FORNELLO was the first Italian restaurant to
offer gluten-free pizza and pasta on our menu and, most recently, an
extensive and creative Vegan menu that has been extremely successful.
Because of our constant focus on customer service, IL FORNELLO has
not just weathered recessions, changing demographics and the constantly
challenging landscape that is the food service industry, it has thrived.
With successful corporate and franchise locations in Toronto, Ajax,
Richmond Hill and Oakville, IL FORNELLO Restaurants is ready to grow
again.