Start-Up Costs and Fees |
||
| Twin Peaks | Ruby Tuesday | |
| Investment | 1309800 - 2365900 | 1559650 - 3877400 |
| Franchise Fee | ||
| Royalty Fee | 5% | 4% of gross sales |
| Advertising Fee | 3% | 1.5% of gross sales |
| Year Founded | 2005 | 1972 |
| Year Franchised | 2005 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Twin Peaks | Ruby Tuesday | |
| 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 |
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| Twin Peaks | Ruby Tuesday | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Twin Peaks | Ruby Tuesday | |
| 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 | *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 | 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 | *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 |
||
| Twin Peaks | Ruby Tuesday | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Twin Peaks | |
| Ruby Tuesday | |
| Franchise Fee | |
| Twin Peaks | |
| Ruby Tuesday | |
| Royalty Fee | |
| Twin Peaks | 5% |
| Ruby Tuesday | 4% of gross sales |
| Advertising Fee | |
| Twin Peaks | 3% |
| Ruby Tuesday | 1.5% of gross sales |
| Year Founded | |
| Twin Peaks | 2005 |
| Ruby Tuesday | 1972 |
| Year Franchised | |
| Twin Peaks | 2005 |
| Ruby Tuesday | 1997 |
| Term Of Agreement | |
| Twin Peaks | 15 years |
| Ruby Tuesday | |
| Renewal Fee | |
| Twin Peaks | |
| Ruby Tuesday | |
Business Experience Requirements |
|
| 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. |
| Ruby Tuesday | |
Financing Options |
|
| Franchise Fees | |
| Twin Peaks | |
| Ruby Tuesday | |
| Start-up Costs | |
| Twin Peaks | |
| Ruby Tuesday | |
| Equipment | |
| Twin Peaks} | |
| Ruby Tuesday | |
| Inventory | |
| Twin Peaks | |
| Ruby Tuesday | |
| Receivables | |
| Twin Peaks | |
| Ruby Tuesday | |
| Payroll | |
| Twin Peaks | |
| Ruby Tuesday | |
Training & Support |
|
| Training | |
| 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. |
| Ruby Tuesday | |
| Support | |
| 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 |
| Ruby Tuesday | |
| Marketing | |
| 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. |
| Ruby Tuesday | |
| Operations | |
| 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.. |
| Ruby Tuesday | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Ruby Tuesday | |
| Canada Expansion | |
| Twin Peaks | |
| Ruby Tuesday | 0 |
| International Expansion | |
| Twin Peaks | |
| Ruby Tuesday | |