Damon's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Damon's including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Damon's Franchise
Investment $1,200,000 - $3,200,000
Franchise Fee $50,000
Royalty Fee 4%
Advertising Fee -
Year Founded 1979
Year Franchised 1982
Term Of Agreement 10 years
Term Of Agreement 10 years
Renewal Fee -


Business Experience Requirements
 
Damon's Franchise
Experience
  • Industry experience
    		•

    Financing Options
     
    Damon's Franchise
      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
     
    Damon's Franchise
    Training -
    Support Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op advertising, Ad slicks, Regional advertising
    Operations Franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 80

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

    Expansion Plans
     
    Damon's Franchise
    US Expansion Yes
    Canada Expansion No
    International Expansion No

    Company Overviews

    About Damon's

    Founded in 1979, Damon's International, Inc., is headquartered in Columbus, Ohio. With more than 100 company and franchised locations worldwide, Damon's International, Inc., is a leading full-service, casual dining restaurant concept that emphasizes prime rib, grilled steaks, chicken, seafood, salad and Damon's award-winning ribs. Guests enjoy a quiet dining room or Damon's high-energy Clubhouse that features DTV, a proprietary, state-of-the-art multi-screen entertainment system offering sports, network programming and interactive games. Join a growing brand and enjoy the benefits of a great restaurant heritage and a strong and committed management team. Built upon a strong reputation for excellent barbecued ribs and outstanding entertainment in a unique dining environment, Damon's Grill is one of the industry's most distinctive casual theme restaurant concepts with high energy and great food. Damon's Grill has several lucrative territories available to experienced restaurant professionals who can demonstrate financial and operating capabilities.