Teakwoods Tavern & Grill
Full-service restaurant- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$208K - $467K
- Units as of 2014
-
2
Company Overview
About Teakwoods Tavern & Grill
Industry | Food |
---|---|
Related Categories | Sports Bars/Pubs,Food: Full-Service Restaurants |
Founded | 1995 |
Leadership | George Krotonsky, CEO |
Corporate Address | 3217 E. Shea Blvd., #617 Phoenix, AZ 85027 |
Social | Facebook,Twitter |
Business Overview
Franchising Since | 2014(9 years) |
---|---|
# of employees at HQ | 3 |
Where seeking | This company is offering new franchisees throughout the US. This company is offering new franchisees in the following international regions: |
# of Units | 2(as of 2014) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Teakwoods Tavern & Grill franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee |
$35,000 |
---|---|
Initial Investment |
$207,500 - $467,000 |
Net Worth Requirement |
$500,000 |
Cash Requirement |
$150,000 |
Royalty Fee |
5% |
Ad Royalty Fee |
1% |
Term of Agreement |
10 years |
Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 3 weeks at pre-opening & openi |
---|---|
Classroom Training | 6 weeks |
Ongoing Support |
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
|
Marketing Support |
Ad Templates
Regional Advertising
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit? |
No |
Can this franchise be run part time? |
No |
#运行所需的员工 | 40-50 |
Are exclusive territories available? |
No |
Interested in ownership opportunities like Teakwoods Tavern & Grill? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Teakwoods Tavern & Grill landed on this year's Franchise 500 Ranking versus previous years.
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