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Updated RecentlyPhillips Seafood vs Bubba Gump Shrimp Co. Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Phillips Seafood vs Bubba Gump Shrimp Co. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $1,000,000 - $5,000,000 | $2,500,000 |
| Franchise Fee | $25,000 - $40,000 | N/A |
| Royalty Fee | 5% | - |
| Advertising Fee | 2% | - |
| Year Founded | - | 1996 |
| Year Franchised | - | 0 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | * Multiple restaurant/or hospitality experience * Existing infrastructure to develop operations and expansion * Solid capitalization to meet an endorsed development plan * Appropriate experience in the desired market or venue * Commitment to timely development * Passion to safeguard a Heritage brand of almost 100 years | - Minimum of 5 years restaurant/hospitality experience in the market you wish to develop - Have the necessary infrastructure to support the concept and its development - Possess local market expertise in areas including trading demographics, codes and regulations and product acquisition - Culturally aligned with Landry's Inc. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - Training programs for all management positions - Training programs for all hourly positions - Training program implementation at your location - Ongoing Training support |
| Support | - | After signing the franchise agreement and paying the franchise fee and development fee (if applicable), you will immediately begin receiving assistance from the International Support Team, which consists of experienced representatives from each of the departments listed below. In addition, you will be assigned an International Project Manager who will oversee our departmental support and coordinate communications and activities between our organizations. In addition, after your location opens, an International Operations Representative will periodically visit your restaurant for on-site consultation and quality assurance evaluations. Your International Operations Representative is also available at any time for consultation on any business matter you wish to discuss. |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Phillips Seafood
Since 1914, Phillips has set the highest standards in the seafood industry. Known for our leadership and a commitment to protecting our natural resources, Phillips has obtained international recognition for our high volume, award-wining restaurants and quality Phillips brand retail products. An overnight success, four generations in the making, Phillips is continuing this focused growth with the launch of our franchising division. This new unit, having demonstrated compelling successes in airports, motorways, NFL stadiums, specialty locations and hotel venues is positioned for growth through relationships with highly qualified strategic partners that have a proven history of successful business operations. As a Phillips Strategic Partner, you will benefit not just from the tremendous recognition of the Phillips name, but our experience in creating and managing successful restaurant operations, a world class culinary R & D team and our proven operational expertise. Our franchise program has the versatility that enables you to diversify your franchise portfolio while leveraging your existing overhead. Innovation and tradition are the driving forces behind our brand. From quick service and grab & go operations, to our casual concept, through our fine dining restaurant, Phillips concepts are just as appealing and versatile as the seafood products we offer.
About Bubba Gump Shrimp Co.
The first Bubba Gump Shrimp Co. Restaurant and Market opened in 1996 on Cannery Row in Monterey, California. Landry's, Inc., the parent company, offers international franchise opportunities for qualified organizations. This is your opportunity to form a strategic partnership with one of America's largest and fastest growing casual dining and entertainment companies. Landry's offers international franchise opportunities only. Franchise opportunities are not available within the United States or its territories (Guam, Puerto Rico, U.S. Virgin Islands, America Samoa, and Marianas Islands). Franchise opportunities are not available to U.S. citizens or U.S. residents. For our concepts to be successful, they must meet the needs of your customers. We will work with you in customizing the brand for your market. Franchise Fee to be determined for each location. In addition to the Franchise Fee, there may be a Development Fee, which is market specific and determined by the number of units you wish to open. We will meet with you to discuss franchise and development fees after you successfully complete the Initial Inquiry Form portion of the application process. Royalty Fees To be determined and may be influenced by the development scope of the agreement. We will meet with you to discuss royalty fees after you successfully complete the Initial Inquiry Form portion of the application process. Construction Costs These costs are concept and location specific. We will meet with you to discuss construction costs after you successfully complete the Initial Inquiry Form portion of the application process. Management Training Costs We require specific members of your management team to complete a 4-week training program at a qualified training location. You will be required to pay your managers' training expenses. These expenses include airfare, local transportation, accommodations, your managers' salary expenses, and translator services if required. We will meet with you to discuss management training costs after you successfully complete the Initial Inquiry Form portion of the application process. Opening Employees' Training Costs Our International Training Team will travel to your location and provide on-site training for non-management positions. Our training team will also implement in-house employee training programs. You are required to pay for this Training Team support. The major cost components are airfare, local transportation, accommodations, salaries and per diem expenses of the Training Team, and translator services if required. We will meet with you to discuss opening employee training costs after you successfully complete the Initial Inquiry Form portion of the application process.