Start-Up Costs and Fees |
||
| L and L Franchise | Red Hot & Blue | |
| Investment | 133700 - 535000 | 380700 - 1000000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 3%-4% | 5% |
| Advertising Fee | 1%-2% | |
| Year Founded | 1976 | 1988 |
| Year Franchised | 1991 | 1990 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| L and L Franchise | Red Hot & Blue | |
| Experience | Industry experience | |
Financing Options |
||
| L and L Franchise | Red Hot & Blue | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| L and L Franchise | Red Hot & Blue | |
| Training | On-The-Job Training: 168 hours Classroom Training: 24 hours | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Ad slicks, National media, Regional advertising |
| Operations | 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 60 Absentee ownership of franchise is NOT allowed. (80% of current franchisees are owner/operators) | |
Expansion Plans |
||
| L and L Franchise | Red Hot & Blue | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| L and L Franchise | |
| Red Hot & Blue | |
| Franchise Fee | |
| L and L Franchise | |
| Red Hot & Blue | |
| Royalty Fee | |
| L and L Franchise | 3%-4% |
| Red Hot & Blue | 5% |
| Advertising Fee | |
| L and L Franchise | 1%-2% |
| Red Hot & Blue | |
| Year Founded | |
| L and L Franchise | 1976 |
| Red Hot & Blue | 1988 |
| Year Franchised | |
| L and L Franchise | 1991 |
| Red Hot & Blue | 1990 |
| Term Of Agreement | |
| L and L Franchise | |
| Red Hot & Blue | 20 years |
| Renewal Fee | |
| L and L Franchise | |
| Red Hot & Blue | |
Business Experience Requirements |
|
| Experience | |
| L and L Franchise | |
| Red Hot & Blue | Industry experience |
Financing Options |
|
| Franchise Fees | |
| L and L Franchise | No |
| Red Hot & Blue | No |
| Start-up Costs | |
| L and L Franchise | |
| Red Hot & Blue | |
| Equipment | |
| L and L Franchise} | |
| Red Hot & Blue | |
| Inventory | |
| L and L Franchise | |
| Red Hot & Blue | |
| Receivables | |
| L and L Franchise | |
| Red Hot & Blue | |
| Payroll | |
| L and L Franchise | |
| Red Hot & Blue | |
Training & Support |
|
| Training | |
| L and L Franchise | On-The-Job Training: 168 hours Classroom Training: 24 hours |
| Red Hot & Blue | |
| Support | |
| L and L Franchise | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection |
| Red Hot & Blue | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Marketing | |
| L and L Franchise | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Red Hot & Blue | Ad slicks, National media, Regional advertising |
| Operations | |
| L and L Franchise | |
| Red Hot & Blue | 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 60 Absentee ownership of franchise is NOT allowed. (80% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| L and L Franchise | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Red Hot & Blue | |
| Canada Expansion | |
| L and L Franchise | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Red Hot & Blue | |
| International Expansion | |
| L and L Franchise | |
| Red Hot & Blue | |