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Grandy's

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Grandy's
997 Grandy's Ln.
Lewisville, TX 75077-2507
800#: (877) 457-8145
Tel: (972) 317-8026
Fax: (972) 317-8174
E-Mail: [email protected]
Web Site: www.grandys.com
Contact: Mr. Brian Gilbert, Franchise Development


GRANDY'S is one of America's most distinctive quick-service chains. GRANDY'S offers an unparalleled opportunity for potential franchisees. Our unique niche in the market, coupled with a solid 30-year history and our menu of delicious Homestyle Food, including country-style breakfasts, chicken fried steaks, southern fried chicken and grilled chicken and a variety of homestyle vegetables - provide a great recipe for success.




Franchisor Background


Established: 1973
First Franchise: 1977
Franchise Units: 90
Company-Owned Units: 30
Total Units: 120

Distribution:
U.S. -- 120; Canada -- 0; International -- 0
-North America -- Operations in 9 States
-States/Provinces with Greatest Density: 60 in TX, 9 in OK, 6 in IN

Projected New Units Over Next 12 months: 6
Franchisee Qualifications: 5, 5, 4, 3, 4, 4
(Click here for an explanation)

Registered in Following Registration States: FL,IL,IN (Click here for an explanation)
Average Number of Employees: 6 FT, 15 PT (FT = Full Time, PT = Part Time)
Space Needs: 2,700 SF; FS (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $150K
Total Investment: $800K-1.5MM
Average Total Investment: $1,150.0K
Minimum Net Worth: $350K

Fees:
-Franchise: $30K
-Average Franchise Fee: $30.0K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: Up to 2.5%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 15/10
Passive Ownership: Allowed
Area Development Agreements: Yes/TBD
Sub-Franchising Contracts: No
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes
Size Of Corporate Staff: 25
On-Going Support: B,C,D,E,G,h (Click here for an explanation)
Training: 6-8 Weeks Lewisville, TX.


Franchisor's Specific Expansion Plans

U.S.: TX,OK,AR,FL,GA,IN,LA,NC,SC
Canada: All Canada
Overseas: All Countries

Note: NR = No Response by Franchisor.
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