Phillips Seafood vs Bailey Seafood Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Phillips Seafood vs Bailey Seafood including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Phillips Seafood Franchise
Bailey Seafood Franchise
Investment $1,000,000 - $5,000,000$226,000 - $382,000
Franchise Fee $25,000 - $40,000$35,000
Royalty Fee 5%5%
Advertising Fee 2%-
Year Founded -1989
Year Franchised -2019
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Phillips Seafood Franchise
Bailey Seafood Franchise
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 -

Financing Options

 
Phillips Seafood Franchise
Bailey Seafood Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Phillips Seafood Franchise
Bailey Seafood Franchise
Training -Bailey Fish & Seafood offers a comprehensive and hands on training program in order to ensure that franchisees are 100% equipped with the knowledge, skills and expertise to successfully operate their own center. Our multi-phase training includes hours of hands on training at one of our already established locations in addition to many hours of ongoing support at your newly established location. On-The-Job Training: 20 hours Classroom Training: 14 hours
Support -Grand Opening Site Selection
Marketing -Social media
Operations --

Expansion Plans

 
Phillips Seafood Franchise
Bailey Seafood Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

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 Bailey Seafood

Bailey Seafood was founded in 1985 out of a passion for fresh seafood.  Started out with only one employee, the market quickly grew after customers from the neighborhood realized they can purchase the freshest seafood in Buffalo without having to travel far.  Through a lot of hard work and word of mouth, Bailey Seafood quickly anchored itself as one of the best places to get a fast and fresh fish dinner in Buffalo.
Bailey’s Fish & Seafood provides you an opportunity to partner with an industry leader whose sales grow more and more annually. Our concept is unlike any other. We have geared our company to provide you with knowledge, support and training that will allow you to effectively meet and surpass any consumer expectations.

Offerings

We offer two different types of franchise opportunities. You can choose to own a single unit franchise which allows you to operate your own Bailey Fish & Seafood in a protected territory of your choice. We also offer area development Franchises for those looking to lock down a
larger territory and slowly build a series of Bailey Fish & Seafood locations/territories.