Long John Silver's Franchise
Wednesday, May 12, 2010 at 09:28AM Quick-service seafood chain
In 1969, this Treasure Island-inspired fish 'n' chips restaurant opened in a small wharfside building. As the quick-service seafood concept has grown, so has the menu. It now offers a variety of batter-dipped fish, chicken and seafood; breaded fish; sandwiches; salads and desserts.
Long John Silver's parent company, Yum! Brands Inc., also owns A&W Restaurants, Taco Bell, KFC, and Pizza Hut.
Start-up Costs & Franchises Fees
What is the total cost to open a Long John Silver's Franchises?
Total Cost: $879,500-$1,300,000 USD
Total Franchise Fees: $20,000 USD -$30,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees: Not Available
Term of Agreement: 20 years
Contact Information for Long John Silver's
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Long John Silver's Restaurants Inc. |
Toll Free: (866)298-6986 |
Long John Silver's In the Press
No results at this time.Historical Expansion
In what year did Long John Silver's begin operations? 1969
When did Long John Silver's begin selling franchises? 1970
Year United States Canada International Corporate 2005 500 0 34 700 2004 496 0 31 702 2003 493 0 29 730 2002 470 0 26 742 2001 451 0 22 745
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 Other Sources for Financing: 3rd-party financing available
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
Franchise business owners required to buy multiple units/master licenses
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
Industry experience General business experience Sales & marketing 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