Joey's Only Seafood Restaurant
Joey's Only Seafood Restaurant
514 42nd Ave. SE
Calgary, AB T2G 1Y6 CANADA
800#: (800) 661-2123
Tel: (403) 243-4584
Fax: (403) 243-8989
E-Mail:
Web Site: www.joeys-only.com
Contact: Ms. Jannine Annis, VP Franchising
JOEY'S ONLY is a sit down, family-style seafood restaurant, specializing in fish and chips, licensed for beer and wine. Casual atmosphere, affordable prices, high-quality, high-volume restaurants with a wide selection of popular seafood dishes.
Franchisor Background
Established: 1985
First Franchise: 1992
Franchise Units: 82
Company-Owned Units: 1
Total Units: 83
Distribution:
U.S. -- 6;
Canada -- 55;
International -- 0
�North America -- Operations in 4 States, 5 Provinces
�States/Provinces with Greatest Density: 20 in AB, 2 in MT, 2 in ND
Projected New Units Over Next 12 months: 10
Franchisee Qualifications: 4, 4, 3, 3, 5, 5
(Click here for an explanation)
Registered in Following Registration States: CA,FL,ND,AB
Average Number of Employees: 5 FT, 15 PT (FT = Full Time, PT = Part Time)
Space Needs: 2,000-2,400 SF; FS, SF, SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $40-80K
Total Investment: $149-202.5K
Average Total Investment: $175.8K
Minimum Net Worth: $200K
Fees:
�Franchise: $25K
�Average Franchise Fee: $25.0K
�Royalty: 4.5%
�Average Royalty: 4.5%
�Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/5
Passive Ownership: Discouraged
Area Development Agreements: Yes/20
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 11
On-Going Support: C,D,E,F,G,H,I (Click here for an explanation)
Training: 5 Weeks in Franchise Office and in Corporate Store.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: No
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
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