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Below is an in-depth analysis and side-by-side comparison of Red Hot & Blue including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $380,700 - $1,000,000 | |
Franchise Fee | $45,000 | |
Royalty Fee | 5% | |
Advertising Fee | - | |
Year Founded | 1988 | |
Year Franchised | 1990 | |
Term Of Agreement | 20 years | |
Term Of Agreement | 20 years | |
Renewal Fee | - | |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | ||
Franchise Fees | No/No | |
Start-up Costs | No/No | |
Equipment | No/No | |
Inventory | No/No | |
Receivables | No/No | |
Payroll | No/No | |
Training & Support |
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Training | - | |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations | |
Marketing | Ad slicks, National media, Regional advertising | |
Operations |
60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 60 Absentee ownership of franchise is NOT allowed. (80% of current franchisees are owner/operators) |
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Expansion Plans |
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US Expansion | - | |
Canada Expansion | No | |
International Expansion | No |
We've attracted successful multi-unit franchisees and owners from such brands as Melting Pot, Papa Murphy's, Pizza Hut, Burger King, Hard Times Cafe, and Holiday Inn. Clearly, they know a winning system when they see it. � Exceptional sales-to-investment ratio � 20 Years as a National BBQ Chain in markets such as Texas, N. Carolina, and Washington, DC � Leader in the exploding BBQ Category � Multi-Award Winning, Nationally recognized Restaurants and Sauces