Perkins Restaurant & Bakery
Perkins Restaurant & Bakery 6075 Poplar Ave., # 800
Memphis, TN 38119-4717
800#: (800) 877-7375 Tel: (901) 766-6400 Fax: (901) 766-6482
E-Mail: [email protected]
Web Site: www.perkinsrestaurants.com
Contact: Mr. Robert J. Winters, VP Franchise Development
Full-service family style restaurant, offering breakfast, lunch and dinner, along with proprietary bakery items at moderate prices.
Franchisor Background
Established: 1958
First Franchise: 1958
Franchise Units: 343
Company-Owned Units: 154
Total Units: 497
Distribution:
U.S. -- 482;
Canada -- 15;
International -- 0
-North America -- Operations in 36 States
-States/Provinces with Greatest Density: 72 in MN, 58 in FL, 57 in PA
Projected New Units Over Next 12 months: 20
Franchisee Qualifications: 5, 3, 5, 3, 3, 4
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Registered in Following Registration States: All States Except RI (Click here for an explanation)
Average Number of Employees: 20 FT, 40 PT (FT = Full Time, PT = Part Time)
Space Needs: 5,000 SF; FS, SC, PC, SF
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Encourage Conversion: Yes
Financial Requirements
Cash Investment: $100-600K
Total Investment: $1.1-2.0MM
Average Total Investment: $1,500.0K
Minimum Net Worth: $750K
Fees:
-Franchise: $40K
-Average Franchise Fee: $40.0K
-Royalty: 4%
-Average Royalty: 4.0%
-Advertising: 3%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 20
Passive Ownership: Discouraged
Area Development Agreements: Yes/3-8
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:
Canadian Franchise Association: CFA MEMBER
Franchisee Association / Member: No
Size Of Corporate Staff: 224
On-Going Support: a,B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 8-12 Weeks Management Training at Various Locations.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: No
Note: NR = No Response by Franchisor.
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