Start-Up Costs and Fees |
||
| Red Hot & Blue | Twin Peaks | |
| Investment | 380700 - 1000000 | 1309800 - 2365900 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3% | |
| Year Founded | 1988 | 2005 |
| Year Franchised | 1990 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Red Hot & Blue | Twin Peaks | |
| Experience | Industry experience | *Multi-unit developers (ability to develop three or more restaurants): $500,000 liquid (per store); $1,500,000 net worth (per store). *Strong banking relationships and ability to secure funding. Management and Operating Requirements *At least five years multi-unit restaurant operations and development experience. *The ability to deliver a superlative customer experience while maintaining a dedication to develop the Twin Peaks culture. *Live in your market and have strong ties to the local community. *The ability to create and manage an organization that recruits, trains, retains and motivates people effectively. *Dedication to operations excellence. |
Financing Options |
||
| Red Hot & Blue | Twin Peaks | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Red Hot & Blue | Twin Peaks | |
| Training | *The franchise group's control person and all management participate in a 6-7 week training program at the Twin Peaks Training Center located in Dallas, Texas. *Additionally, we provide an opening training team to provide on-site pre-opening and opening training, supervision and assistance to you for a minimum of 14 days. *Once completed, franchisees receive regular updates to their training, including on-site visits and operation reviews. | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations | *Development and Site Selection help *Grand opening *Training teams *Meetings *Intranet system/Online training materials *Security/safety procedures *Field operations/evaluations *Purchasing cooperatives, R&D |
| Marketing | Ad slicks, National media, Regional advertising | Co-op advertising, Interactive Website, Merchandise, Email Club, Billboards, Girl of the Month photo shoots, Twin Peaks TV in house ads, Seasonal Costume changes, Private label beer. |
| 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) | *50% of all franchisees own more than one unit. *Number of employees needed to run franchised unit: 60. *Absentee ownership of franchise is allowed.. |
Expansion Plans |
||
| Red Hot & Blue | Twin Peaks | |
| 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 | |
| Red Hot & Blue | |
| Twin Peaks | |
| Franchise Fee | |
| Red Hot & Blue | |
| Twin Peaks | |
| Royalty Fee | |
| Red Hot & Blue | 5% |
| Twin Peaks | 5% |
| Advertising Fee | |
| Red Hot & Blue | |
| Twin Peaks | 3% |
| Year Founded | |
| Red Hot & Blue | 1988 |
| Twin Peaks | 2005 |
| Year Franchised | |
| Red Hot & Blue | 1990 |
| Twin Peaks | 2005 |
| Term Of Agreement | |
| Red Hot & Blue | 20 years |
| Twin Peaks | 15 years |
| Renewal Fee | |
| Red Hot & Blue | |
| Twin Peaks | |
Business Experience Requirements |
|
| Experience | |
| Red Hot & Blue | Industry experience |
| Twin Peaks | *Multi-unit developers (ability to develop three or more restaurants): $500,000 liquid (per store); $1,500,000 net worth (per store). *Strong banking relationships and ability to secure funding. Management and Operating Requirements *At least five years multi-unit restaurant operations and development experience. *The ability to deliver a superlative customer experience while maintaining a dedication to develop the Twin Peaks culture. *Live in your market and have strong ties to the local community. *The ability to create and manage an organization that recruits, trains, retains and motivates people effectively. *Dedication to operations excellence. |
Financing Options |
|
| Franchise Fees | |
| Red Hot & Blue | No |
| Twin Peaks | No |
| Start-up Costs | |
| Red Hot & Blue | |
| Twin Peaks | |
| Equipment | |
| Red Hot & Blue} | |
| Twin Peaks | |
| Inventory | |
| Red Hot & Blue | |
| Twin Peaks | |
| Receivables | |
| Red Hot & Blue | |
| Twin Peaks | |
| Payroll | |
| Red Hot & Blue | |
| Twin Peaks | |
Training & Support |
|
| Training | |
| Red Hot & Blue | |
| Twin Peaks | *The franchise group's control person and all management participate in a 6-7 week training program at the Twin Peaks Training Center located in Dallas, Texas. *Additionally, we provide an opening training team to provide on-site pre-opening and opening training, supervision and assistance to you for a minimum of 14 days. *Once completed, franchisees receive regular updates to their training, including on-site visits and operation reviews. |
| Support | |
| Red Hot & Blue | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Twin Peaks | *Development and Site Selection help *Grand opening *Training teams *Meetings *Intranet system/Online training materials *Security/safety procedures *Field operations/evaluations *Purchasing cooperatives, R&D |
| Marketing | |
| Red Hot & Blue | Ad slicks, National media, Regional advertising |
| Twin Peaks | Co-op advertising, Interactive Website, Merchandise, Email Club, Billboards, Girl of the Month photo shoots, Twin Peaks TV in house ads, Seasonal Costume changes, Private label beer. |
| Operations | |
| 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) |
| Twin Peaks | *50% of all franchisees own more than one unit. *Number of employees needed to run franchised unit: 60. *Absentee ownership of franchise is allowed.. |
Expansion Plans |
|
| US Expansion | |
| Red Hot & Blue | |
| Twin Peaks | 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 | |
| Red Hot & Blue | |
| Twin Peaks | |
| International Expansion | |
| Red Hot & Blue | |
| Twin Peaks | |