Business Description

Since 1958, Perkins Restaurant & Bakery has offered quality, tasty, affordable food for breakfast, lunch and dinner. Our brand heritage and ability to adapt to trends make Perkins a leader in the family dining segment. We are seeking experienced restaurants operators to meet our expansion goals in key markets across the country. We provide professional support services in training, design & construction, marketing, operations, quality assurance and R&D.

Franchisor Background

Year Established:  1958

Franchising Since:  1965

Operating Units:
Franchised Units:	324	66.5%
Company-Owned Units:	163	33.5%
Total Operating Units:	487	100.0%
Geographic Distribution: U.S.: 299 94.6% In 34 States Canada: 17 5.4% In 4 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 316 100.0%

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

Density	Units
1. Florida	59
2. Minnesota	76
3. Pennsylvania	53

Registered in Following Registration States: Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, South Dakota, Virginia, Washington, Wisconsin

Financial Requirements

Investment:
Minimum Net Worth:	$1.5M
Cash Investment:	$500K
Total Investment:	$1.2-2.6M
Average Total Investment:	$1600K
Fees:
Initial Franchise Fee:	$
Average Franchise Fee:	$0K
On-Going Royalty:	4%
Average Royalty:	4%
Advertising Fee:	3%

Average Number of Employees: 6 Full-time, 64 Part-time

Space Needs (in square footage): 5,000

Preferred Sites: Free-standing Building, Strip Center

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:	5
Formal Education:	3
Psychological Profile:	3
Personal Interview(s):	5
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 5 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:	0
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	No
Marketing Support:
Co-Op Advertising:	Yes
National Advertising:	No
Regional Advertising:	Yes
Local Advertising:	Yes
Marketing Materials:	Ad Slicks, Coupons/rebates, Promotional Items, Radio Ads, Site Signs, Television Ads
Additional Services:	Grand Opening, In-house Marketing, Press Releases
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:	Included in Fees
Franchisee Newsletter:	Not Applicable
Regional or National Meetings:	At Additional Cost
800 Telephone Hotline:	Included in Fees
Training:
1. Management Team Training at Various Locations	Varies
2. University of Perkins at Various Location	Varies
3. New Product Roll Out Training in Franchisee's Loca	Varies
Expansion Plans
Projected New Units Over Next 12 months: U.S.: Yes, All except WA, OR, CA, NV, AZ, NM, MA, ME, RI Canada: Yes, All Canada Overseas: No	Request Franchisor Info   Submit an online form to receive information from Perkins Restaurant & Bakery.