Friday
May142010
Krieger's Franchise
Friday, May 14, 2010 at 02:26AM Family sports restaurant & bar
Start-up Costs & Franchises Fees
What is the total cost to open a Krieger's Franchises?
Total Cost: $450,000 USD
Total Franchise Fees: $30,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees:
Term of Agreement: 15 years
Contact Information for Krieger's
|
Krieger's Your Hometown Sports Grill |
Phone Number: (636)530-1395 |
Historical Expansion
In what year did Krieger's begin operations? 1991
When did Krieger's begin selling franchises? 2002
Year United States Canada International Corporate 2005 12 0 0 6 2004 7 0 0 0 2003 6 0 0 0 2002 0 0 0 0 2001 Not Available Not Available Not Available 6
Future Expansion
United States: Colorado, Iowa, Illinois, Indiana, Kentucky, Missouri, Ohio, Oklahoma, Tennessee, Texas, Wisconsin,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No Yes Payroll No Yes
Training & Support
Support
In the Pressletter, Meetings, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, Regional advertising support
Franchise Operation Restrictions
85% of all franchise business owners own more than one franchise location.
Absentee ownership of franchise is allowed. (90% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience Management expertise
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
Jason Rager | Comments Off | 



