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Colter's Bar-B-Q
7502 Greenville Ave., # 500
Dallas, TX 75231
800#: (888) 265-8377
Tel: (214) 987-5910
Fax: (214) 987-5938
E-Mail: [email protected]
Web Site: www.coltersbbq.com
Contact: Mr. Mitch Johnson,
Casual, family, cafeteria-style barbeque restaurant, serving Texas barbecue in a western setting.
Franchisor Background
Established: 1982
First Franchise: 1994
Franchise Units: 9
Company-Owned Units: 6
Total Units: 15
Distribution:
U.S. -- 15;
Canada -- 0;
International -- 0
-North America -- Operations in 1 State
-States/Provinces with Greatest Density: 13 in TX
Projected New Units Over Next 12 months: 2-4
Franchisee Qualifications: 5, 4, 4, 3, 4, 3
(Click here for an explanation)
Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 3 FT, 25 PT (FT = Full Time, PT = Part Time)
Space Needs: 4,600 SF; FS
(Click here for abbreviations)
Encourage Conversion: No
Financial Requirements
Cash Investment: $156-250K
Total Investment: $730K-1.03MM
Average Total Investment: $880.0K
Minimum Net Worth: $1-1.5MM
Fees:
-Franchise: $30K
-Average Franchise Fee: $30.0K
-Royalty: 4%
-Average Royalty: 4.0%
-Advertising: 0.5%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 20/10-20
Passive Ownership: Discouraged
Area Development Agreements: Yes/Open
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: NA
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 10
On-Going Support: B,C,D,E,F,H,I (Click here for an explanation)
Training: 8 Weeks at Dallas, TX.
Franchisor's Specific Expansion Plans
U.S.: Southwest, Northeast
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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