Year began: 1985 Franchising since: 1998
|
5510 LaSalle, #200 Tampa, FL 33607
Phone: (813)226-2333
Fax: (813)200-3305
| Franchisor has 32 employee(s); 4 employee(s) in franchise department.
|
Franchise Growth
Year2008
2007
2006
2005
2004
U.S. Franchises246
223
208
165
153
Canadian Franchises0
0
0
0
0
Foreign Franchises0
0
0
0
0
Where Seeking Franchisees
In the U.S.
Exclusive territories available.
Territory size: 3 mile radius; up to 3 units
Costs & Fees
Total investment: $348K-786K
Franchise fee: $35K
Ongoing royalty fee: 4%
Term of agreement: 10 years, renewable
| Type of Financing Available |
| In-House | Third Party |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $125K
Business Experience:- General business experience
- Marketing skills
Operations
- 20% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 30
- Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Training & Support
TRAINING- Available at headquarters: 8 weeks
- At franchisee's location: 2 weeks
- At Beef 'O'Brady's University, workshops
ONGOING SUPPORT- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Field operations/evaluations
MARKETING SUPPORT
Rankings in Entrepreneur magazine 2004-2008
Franchise 500® rank:#182 (2008); #132 (2007); #170 (2006); #128 (2005); #386 (2004);
Ranked #1 in category in:
2008; 2007; 2006; 2005;
Fastest-Growing Franchises:#94 (2007);
Last Updated: 4/25/2008 12:00:00 AM
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