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GRANDY'S is one of America's most distinctive quick-service chains. GRANDY'S offers an unparalleled opportunity for potential franchisees. Our unique niche in the market, coupled with a solid 30-year history and our menu of delicious Homestyle Food, including country-style breakfasts, chicken fried steaks, southern fried chicken and grilled chicken and a variety of homestyle vegetables - provide a great recipe for success.
Franchisor Background
Year Established: 1973
Franchising Since: 1977
IFA Member
Operating Units:
Franchised Units: 66 95.7%
Company-Owned Units: 3 4.3%
______ _____
Total Operating Units: 69 100%
Geographic Distribution:
U.S.: 69 100% In 9 States
Canada: 0 0% In 0 Canadian Provinces
International: 0 0% In 0 Foreign Countries
______ _____
Total: 69 100%
North America:
States/Provinces with the largest number of operating units:
Density Units
1. Texas 60 2. Oklahoma 9 3. Indiana 6
Registered in Following Registration States: Florida, Illinois, Indiana
Financial Requirements
Investment:
Minimum Net Worth: $350K
Cash Investment: $150-350K
Total Investment: $625-874K
Average Total Investment: $750K
Fees:
Initial Franchise Fee: $30K
Average Franchise Fee: $30K
On-Going Royalty: 5%
Average Royalty: 5%
Advertising Fee: Up to 2.5%
Average Number of Employees: 6 Full-time, 15 Part-time
Space Needs (in square footage): 2,700
Preferred Sites: Free-standing Building
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided? No
Listed in the SBA Registry? No
Support and Training
International Franchise Association: Yes
Canadian Franchise Association: No
Franchisee Association/Member: Yes, Member
Size of Corporate Staff: 25
Site Selection Assistance? Yes
Lease Negotiation Assistance? Yes
Financial Assistance? No
Marketing Support:
Co-Op Advertising: No
National Advertising: No
Regional Advertising: No
Local Advertising: No
Marketing Materials: None Specified
Additional Services: None Specified
Other Marketing Support: None Specified
On-Going Support:
Central Data Processing: Not Applicable
Central Purchasing: Included in Fees
Field Operation Evaluation: Included in Fees
Field Training: Included in Fees
Initial Store Opening: Included in Fees
Inventory Control: Not Applicable
Franchisee Newsletter: Included in Fees
Regional or National Meetings: At Additional Cost
800 Telephone Hotline: Not Applicable
Training:
1. Lewisville, TX 6-8 Weeks
Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth: 5
General Business Experience: 5
Specific Industry Experience: 4
Formal Education: 3
Psychological Profile: 4
Personal Interview(s): 4
Minority Representation
Units Owned by Minorities:
African-American: N/A
Asian-American: N/A
Hispanic: N/A
Native American: N/A
Other: N/A
Specific Minority: N/A
Terms of Contract
Term of Initial Contract: 15 Year(s)
Term of Renewal Period: 10 Year(s)
Passive Ownership: Allowed
Area Development Agreements? Yes, for 1 Year(s)
Sub-Franchising Contracts? No
Franchisees Allowed to Expand Within Territory? Yes
Expansion Plans
Projected New Units Over Next 12 months: 6
U.S.: Yes, TX,OK,AR,FL,GA,IN,LA,NC,SC
Canada: Yes, All Canada
Overseas: Yes, All Countries