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Hard Times Cafe
1404 King St.
Alexandria, VA 22314
800#:
Tel: (703) 683-8545
Fax: (703) 837-0057
E-Mail:
Web Site: www.hardtimes.com
Contact: Mr. Rich Kelly, Chief Executive Officer
Authentic western-style chili parlor. Featuring chili, burgers and beer.
Franchisor Background
Established: 1980
First Franchise: 1992
Franchise Units: 10
Company-Owned Units: 4
Total Units: 14
Distribution:
U.S. -- 14;
Canada -- 0;
International -- 0
-North America -- Operations in 3 States
-States/Provinces with Greatest Density: 6 in VA, 6 in MD, 2 in NC
Projected New Units Over Next 12 months: NR
Franchisee Qualifications: , , , , ,
(Click here for an explanation)
Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 6 FT, 20 PT (FT = Full Time, PT = Part Time)
Space Needs: NR SF; FS, SC
(Click here for abbreviations)
Encourage Conversion: NR
Financial Requirements
Cash Investment: $100-200K
Total Investment: $400-500K
Average Total Investment: $450.0K
Minimum Net Worth: $250K
Fees:
-Franchise: $30K
-Average Franchise Fee: $30.0K
-Royalty: 4%
-Average Royalty: 4.0%
-Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Not Allowed
Area Development Agreements: Yes/20
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: NR
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 10
On-Going Support: a,C,D,E,F,G,H,I (Click here for an explanation)
Training: 4 Weeks in Washington, DC Area.
Franchisor's Specific Expansion Plans
U.S.: East Coast, Mid-Atlantic
Canada: NR
Overseas: NR
Note: NR = No Response by Franchisor.
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