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Entrepreneur: Start & Grow Your Business

Shoney's Restaurants

Family dining restaurant

Background

Founded: 1968 Franchising since: 1971
1717 Elm Hill Pike, #B-1
Nashville, Tennessee 37210
Phone:
(877)377-2233


Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2005 189 0 0 97

Costs and Fees

Total investment: $568K-2.8M
Franchise fee: $30K
Ongoing royalty fee: 2.5-3.5%
Term of agreement: Term of agreement not 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 No
Payroll No No


Rankings

Franchise 500® rank:
#464 (2006);