Carlson Restaurants Worldwide
Carlson Restaurants Worldwide
544 Red Oak Court
Eagan, MN 55121
800#: (800) 374-3297
Tel: (651) 688-3236
Fax: (972) 776-5425
E-Mail: [email protected]
Web Site: www.tgifridays.com
Contact: Ms. Kathy Granquist, VP Franchise Operations
Casual-theme, full-service restaurants.
Franchisor Background
Established: 1965
First Franchise: 1970
Franchise Units: 360
Company-Owned Units: 180
Total Units: 540
Distribution:
U.S. -- 414;
Canada -- 1;
International -- 93
-North America -- Operations in 45 States
-States/Provinces with Greatest Density: 49 in FL, 42 in TX, 35 in CA
Projected New Units Over Next 12 months: 100+
Franchisee Qualifications: 5, 4, 5, 3, 5, 5
(Click here for an explanation)
Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 100-125 (FT = Full Time, PT = Part Time)
Space Needs: 6,800 SF; FS
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $1MM
Total Investment: $1.7-4MM
Average Total Investment: $2,850.0K
Minimum Net Worth: $3MM
Fees:
-Franchise: $75K
-Average Franchise Fee: $75.0K
-Royalty: 4%
-Average Royalty: 4.0%
-Advertising: 2-4%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 20/Varies
Passive Ownership: Discouraged
Area Development Agreements: Yes/5
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Financial Assistance: No
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 300+
On-Going Support: b,c,d,e,h,I (Click here for an explanation)
Training: 2 Weeks in Dallas, TX.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: All Countries
Note: NR = No Response by Franchisor.
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