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  Home  >>  Restaurants (Sit-Down)  >>  Steakhouses




Coyote Canyon
2908 N. Plum St.
Hutchinson, KS 67502




Submit an online form to receive information from Coyote Canyon.
Business Description

COYOTE CANYON is an 'all you can eat' steak buffet, featuring a self-service salad bar, a hot food buffet, a dessert bar and a display bakery at one affordable price, which also includes your drink.

Franchisor Background

Year Established:  1984

Franchising Since:  1984

Operating Units:

Franchised Units:

7

100%
Company-Owned Units:00%
 
Total Operating Units:
7
100.0%
 
Geographic Distribution:
U.S.:7100%In 5 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
7
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Kansas2
2. Texas2

Registered in Following Registration States: Illinois, Indiana, South Dakota, Virginia

Financial Requirements

Investment:
Minimum Net Worth: $1MM
Cash Investment:$250-350K
Total Investment:$1.2-2.2MM
Average Total Investment:$1700K
 
Fees:
Initial Franchise Fee:$20K
Average Franchise Fee:$20K
On-Going Royalty:3%
Average Royalty:3%
Advertising Fee:1%
 
Average Number of Employees: 20 Full-time, 50 Part-time

Space Needs (in square footage): 10,000

Preferred Sites: Free-standing Building

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: Yes

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:5
General Business Experience:4
Specific Industry Experience:4
Formal Education:3
Psychological Profile:2
Personal Interview(s):4
 
Terms of Contract
 
Term of Initial Contract:15 Year(s)
Term of Renewal Period:15 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 0 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff: 25
Site Selection Assistance?Yes
Lease Negotiation Assistance?No
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. Training6-8 Weeks
 
Expansion Plans
 
Projected New Units Over Next 12 months: 2

U.S.:

Yes, All United States
Canada:No
Overseas:No
Submit an online form to receive information from Coyote Canyon.