|
Below is an in-depth analysis and side-by-side comparison of Colter's Bar-B-Q vs Steak & Stuff including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $995,000 | $95,000 - $115,000 |
Franchise Fee | $30,000 | $15,000 |
Royalty Fee | 4% | 3% |
Advertising Fee | 1% | - |
Year Founded | 1983 | 2006 |
Year Franchised | 1994 | 2013 |
Term Of Agreement | - | 5 years |
Term Of Agreement | - | 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | No business experience required. General restaurant experience required. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | - |
Support | - | *Email Newsletter *Advisory Meetings *Grand opening *Internet *Security/safety procedures *Field operations/evaluations *Purchasing cooperatives *Management Support *Training |
Marketing | - | *Local Media *Ad Slicks *Internet Ad campaign-- Google - Yahoo Etc *Gorilla Marketing Campaign *Facebook *Dedicated Store Web-site *Local Networking *Marketing Training for Franchisee. |
Operations | - | *Number of employees- 20 - 25. *Owner/Operators Preferred . |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | Yes |