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Home >> Restaurants (Sit-Down) >> Steakhouses
| Sirloin Stockade 2908 N. Plum St. Hutchinson, KS 67502 |
Submit an online form to receive information from Sirloin Stockade.
|
Business Description
SIRLOIN STOCKADE features a selection of top-quality steaks, chicken and fish, a self-service salad bar, hot food buffet and display bakery at affordable prices. Free-standing buildings of approximately 8,000-10,000 square feet, seating 300+ and 70,000 square feet of land required.
Franchisor Background
Year Established: 1984
Franchising Since: 1984
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: Illinois, Indiana, South Dakota, Virginia
Financial Requirements
Average Number of Employees: 20 Full-time, 50 Part-time
Space Needs (in square footage): 8,000-10,000
Preferred Sites: Free-standing Building
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: Yes
SIRLOIN STOCKADE features a selection of top-quality steaks, chicken and fish, a self-service salad bar, hot food buffet and display bakery at affordable prices. Free-standing buildings of approximately 8,000-10,000 square feet, seating 300+ and 70,000 square feet of land required.
Franchisor Background
Year Established: 1984
Franchising Since: 1984
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 47 | 97.9% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 1 | 2.1% | |||||||||||||||||||||||||||||
Total Operating Units: | 48 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Kansas | 8 |
| 2. Indiana | 4 |
| 3. Texas | 10 |
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% |
Space Needs (in square footage): 8,000-10,000
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: | Not Applicable | ||||||||
| 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. Training | 6-8 Weeks | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Sirloin Stockade.
|
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