Business Description

Full-service family style restaurant, offering breakfast, lunch and dinner, along with proprietary bakery items at moderate prices.

Franchisor Background

Year Established:  1958

Franchising Since:  1958

Operating Units:
Franchised Units:	343	69%
Company-Owned Units:	154	31%
Total Operating Units:	497	100.0%
Geographic Distribution: U.S.: 482 97% In 36 States Canada: 15 3% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 497 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Florida	58
2. Minnesota	72
3. Pennsylvania	57

Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia, Alberta

Financial Requirements

Investment:
Minimum Net Worth:	$750K
Cash Investment:	$100-600K
Total Investment:	$1.1-2.0MM
Average Total Investment:	$1500K
Fees:
Initial Franchise Fee:	$40K
Average Franchise Fee:	$40K
On-Going Royalty:	4%
Average Royalty:	4%
Advertising Fee:	3%

Average Number of Employees: 20 Full-time, 40 Part-time

Space Needs (in square footage): 5,000

Preferred Sites: Free-standing Building, Storefront, Strip Center

Other Sites: Power Ctr.

Encourage Conversions? Yes

Earnings Claims Provided?: Yes

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	5
General Business Experience:	3
Specific Industry Experience:	5
Formal Education:	3
Psychological Profile:	3
Personal Interview(s):	4
Terms of Contract
Term of Initial Contract:	20 Year(s)
Term of Renewal Period:	Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	Yes, for 1 Year(s)
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	Yes
Franchisee Association/Member:	No
Size of Corporate Staff:	224
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:	At Additional Cost
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Included in Fees
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees
Training:
1. Management Training at Various Locations	8-12 Weeks
Expansion Plans
Projected New Units Over Next 12 months: 20 U.S.: Yes, All United States Canada: Yes, All Canada Overseas: No	Request Franchisor Info   Submit an online form to receive information from Perkins Restaurant & Bakery.