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Grandy's
 

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:
DensityUnits    
1. Texas60
2. Oklahoma9
3. Indiana6

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, TX6-8 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
 
 
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