Denny's Franchise
Tuesday, April 27, 2010 at 12:34AM Family diners
In 1953, Harold Butler opened Danny's Donuts, a Lakewood, California, stand that served coffee and doughnuts 24 hours a day. The following year, the stand grew and its name was changed to Danny's Coffee Shops. Five years later, there were 20 shops in the chain, and the company changed its name to Denny's.
Denny's locations serve breakfast, lunch and dinner choices 24 hours a day.
Start-up Costs & Franchises Fees
What is the total cost to open a Denny's Franchises?
Total Cost: $1,200,000 USD -$2,600,000 USD
Total Franchise Fees: $40,000 USD
Ongoing Royalty Fees: 4%
Ongoing Advertising Fees: Not Available
Term of Agreement: 20 years
Franchise Agreement Renewal Fee: $10K for 10 years
Contact Information for Denny's
|
Denny's Inc. |
Toll Free: (800)304-0222 |
Denny's In the Press
No results at this time.Historical Expansion
In what year did Denny's begin operations? 1953
When did Denny's begin selling franchises? 1984
Year United States Canada International Corporate 2004 974 52 24 553 2003 1024 53 11 563 2002 1050 54 22 585 2001 1065 40 20 661 2000 911 38 22 831
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Safety and Security procedures, Field support and site evaluation
Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
44% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 80
Absentee ownership of this franchise business is not available to new franchisees.
Qualifications & Business Experience
Business Experience:
Industry experience General business experience Operations experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes