Multi-Unit Franchisee Magazine Special Edition | Page 66

Multi-Unit Buyer’s Guide FOOD OPPORTUNITY DESCRIPTION Nationally recognized brand, strong experienced Management Team, outst- anding training, premium baked goods, 4 day parts, menu items appeal to all ages, reduced royalty program 2% for year one, 3% for year two and 4% for year three and thereafter. Also for Multi Unit, Perkins ® will reduce the initial franchise fee by $10,000 for the fi rst unit, $15,000 for the second and $20,000 for the third and subsequent units. FAST FACTS: FRANCHISING SINCE: 1958 “ Strategic initiatives lead to enhanced brand perception making Perkins® Restaurant a segment leader.” MULTI-UNIT FRANCHISE OPERATING UNITS: 33% TOTAL OPERATING UNITS: 394 COMPANY OPERATING UNITS: 132 CAPITAL INVESTMENT: $1,500,000- $2,355,000 FRANCHISEE FEE: $50,000 ROYALTY FEE: 4% ADVERTISING FEE: 3% EARNINGS CLAIMS: Yes BUILD-OUT OPTIONS: Inline, free standing, malls, hotels with separate outside entrance, drive thru option AVAILABLE TERRITORIES: United States (Southwest, Southeast, West South Central, Northeastern, Northwest and Midwest). Canada (AB, BC, SK, MB, ON, QC) CONTACT CASSANDRA BREMER Sr. Manager, Franchise Development [phone] [email protected] www.perkinsrestaurants.com 64 DEMOGRAPHICS Near destination retailing activity or at pin corner of urban or rural interstate. Good building visibility, signage, easy ingress/ egress, approximately 5500 square foot building footprint with 150+ seats, city 20,000 or greater, average traffi c count of at least 25,000 vehicles, approximately 45,000- 65,000sq. ft. site, adequate parking. SITE ASSISTANCE Perkins ® has teamed up with a national real estate fi rm to help you fi nd, evaluate and select real estate for your restauraunt. RANKINGS & AWARDS In 2015 Perkins Corporate Restaurants beat segment average with a 4.5% increase in same store sales. Since 1989 Perkins ® has raised over $20M dollars in for Give Kids the World. 2017 Annual Edition QUALIFICATIONS Must have excellent credit, retail operations or management experience, food service experience a plus, but not a requirement. Have a minimum net worth of $1,500,000 and suffi cient available capital for starting up the business.