Start-Up Costs and Fees |
||
| New England Hot Dog Company | Bagger Daves | |
| Investment | 135000 - 250000 | 0 - 0 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 2004 | 0 |
| Year Franchised | 2005 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| New England Hot Dog Company | Bagger Daves | |
| Experience | Although new to franchising, Bagger Dave's has seen a high level of interest in franchising the concept. To measure a candidate's qualifications, we have established both net worth and liquid asset are a minimum of $300,000 per store and a net worth per store of $1,200,000. We also require that no more than 80% of the start-up costs be leveraged; 20% of any single stores start-up costs must be in liquid assets. | |
Financing Options |
||
| New England Hot Dog Company | Bagger Daves | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| New England Hot Dog Company | Bagger Daves | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 4 weeks | |
| Support | ||
| Marketing | ||
| Operations | * Number of employees needed to run franchised unit: 3 - 5 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management within the restaurant industry. Each franchise group must also have a person with multi-unit restaurant management experience. If you do not personally have this background and experience, you will be required to have what we call an "Operating Partner." Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required |
Expansion Plans |
||
| New England Hot Dog Company | Bagger Daves | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| New England Hot Dog Company | |
| Bagger Daves | |
| Franchise Fee | |
| New England Hot Dog Company | |
| Bagger Daves | |
| Royalty Fee | |
| New England Hot Dog Company | 6% |
| Bagger Daves | |
| Advertising Fee | |
| New England Hot Dog Company | |
| Bagger Daves | |
| Year Founded | |
| New England Hot Dog Company | 2004 |
| Bagger Daves | 0 |
| Year Franchised | |
| New England Hot Dog Company | 2005 |
| Bagger Daves | 0 |
| Term Of Agreement | |
| New England Hot Dog Company | 5 years |
| Bagger Daves | |
| Renewal Fee | |
| New England Hot Dog Company | |
| Bagger Daves | |
Business Experience Requirements |
|
| Experience | |
| New England Hot Dog Company | |
| Bagger Daves | Although new to franchising, Bagger Dave's has seen a high level of interest in franchising the concept. To measure a candidate's qualifications, we have established both net worth and liquid asset are a minimum of $300,000 per store and a net worth per store of $1,200,000. We also require that no more than 80% of the start-up costs be leveraged; 20% of any single stores start-up costs must be in liquid assets. |
Financing Options |
|
| Franchise Fees | |
| New England Hot Dog Company | No |
| Bagger Daves | No |
| Start-up Costs | |
| New England Hot Dog Company | |
| Bagger Daves | |
| Equipment | |
| New England Hot Dog Company} | |
| Bagger Daves | |
| Inventory | |
| New England Hot Dog Company | |
| Bagger Daves | |
| Receivables | |
| New England Hot Dog Company | |
| Bagger Daves | |
| Payroll | |
| New England Hot Dog Company | |
| Bagger Daves | |
Training & Support |
|
| Training | |
| New England Hot Dog Company | * Available at headquarters: 2 weeks * At franchisee's location: 4 weeks |
| Bagger Daves | |
| Support | |
| New England Hot Dog Company | |
| Bagger Daves | |
| Marketing | |
| New England Hot Dog Company | |
| Bagger Daves | |
| Operations | |
| New England Hot Dog Company | * Number of employees needed to run franchised unit: 3 - 5 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Bagger Daves | Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management within the restaurant industry. Each franchise group must also have a person with multi-unit restaurant management experience. If you do not personally have this background and experience, you will be required to have what we call an "Operating Partner." Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required |
Expansion Plans |
|
| US Expansion | |
| New England Hot Dog Company | |
| Bagger Daves | 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 | |
| New England Hot Dog Company | |
| Bagger Daves | |
| International Expansion | |
| New England Hot Dog Company | |
| Bagger Daves | |