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Updated RecentlyShoney's Restaurants vs Rhapsody's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Shoney's Restaurants vs Rhapsody's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $568,000 - $2,800,000 | $565,000 - And Up |
| Franchise Fee | $25,000 - $35,000 | $42,500 - $56,000 |
| Royalty Fee | 2.5-3.5% | 6% |
| Advertising Fee | - | 1 - 3% |
| Year Founded | 1968 | 2000 |
| Year Franchised | 1971 | 0 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Solid business experience Multi-unit management Proven expertise in retail (food and beverage a plus) Previous franchise experience advantageous | - |
Financing Options |
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| 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 |
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| Training | - | The training consists of a minimum of 3 months which is all done in an existing store level. A management competency program is strictly adhered to and will be accessed weekly. |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
Company Overviews
About Shoney's Restaurants
Since 1947, Shoney’s has been known for authentic southern dishes that are available for breakfast, lunch, supper and to-go.
Today, after completing an extensive revitalization program that includes a focus on freshly prepared, innovative menu items, beautifully redesigned restaurants with flat screen TV’s and modern furnishings and the commitment to give back to the communities we serve, Shoney’s truly is better than ever.
Shoney’s is a Nashville-based company with more than 140 restaurants located in 16 states. Each restaurant strives to give back and be a pillar to the community, which is the hallmark of Shoney’s culture. We support local schools, sports teams, the military, firefighters, police, EMTs and more.
From San Antonio, Texas to Dover, Ohio and every location in between, our restaurants are committed to partner with the communities we serve.
Grow with us! Make Shoney’s a part of your future and invest in a business you’ll be proud to own.
About Rhapsody's
FLAVOURS OF LIFE In February 2000, the Rhapsodys concept began with the basic notion of raising the bar in dining excellence and has since persevered toward a supremacy which is dynamic and full of life. Rhapsodys offers a natural ambiance which is lively yet effortless, simple yet delicious, stylish yet relaxed. Elegant decor and an extensive array of superior wines form part of the perfect backdrop for our superb culinary flair. There are many opportunities for further Rhapsodys venues and in this regard, our Directors welcome enquiries from suitable individuals and / or organizations who are interested in certain areas which do not overlap with any of our existing restaurants. Location is paramount to the success of any restaurant.Our criteria, demands a high traffic venue with good visibility to passing trade.In addition to this, a site should have acceptable access to secure parking. Should you have access to capital as well as experience and passion for the restaurant industry reach out for the Flavours of Life and send a short description of your interest to us on [email protected] and we will respond to your enquiry as soon as possible.