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Wednesday
Jun022010

Turtle Jack's Franchise

Restaurant

Tortoise Restaurant Group Inc. owns and operates restaurants under the name of Turtle Jack's. The first Turtle Jack's was opened in Brampton in 1992. Subsequent restaurants opened in Waterdown in 1997, Burlington in 1999, Mississauga-Clarkson & Oakville in 2004,Vaughan & Mississauga-Meadowvale & Oakville in 2005, Hamilton-Upper James 2005, Hamilton-Upper James & Guelph in 2006. With each of these locations the consistent execution of a simple philosophy including highest quality food & service.

Start-up Costs & Franchises Fees

What is the total cost to open a Turtle Jack's Franchises?

Total Cost: $450,000 USD
Total Franchise Fees: $50,000 USD
Ongoing Royalty Fees: Not Available
Ongoing Advertising Fees: Not Available

Contact Information for Turtle Jack's

Turtle Jack's
3370 South Service Road, Ste. 201
Burlington, ON
L7N 3M6

Phone Number: (905) 332-6833 Ext. 234
Fax Number: (905) 332-0456

Franchise Homepage:

Historical Expansion

In what year did Turtle Jack's begin operations? 1992
When did Turtle Jack's begin selling franchises? 1999

Year United States Canada International Corporate
2008 0 5 0 8

Future Expansion

Countries of Interest: Worldwide

Canada: Ontario

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
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
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