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Ward's Restaurants

Ward's Restaurants
7 Professional Pkwy.
Hattiesburg, MS 39402
800#: (800) 748-9273
Tel: (601) 268-9273
Fax: (601) 268-9283
E-Mail: [email protected]
Web Site: www.wardsrestaurants.com
Contact: Mr. Kenneth R. Hrdlica, President


Fast-food restaurant, both traditional and non-traditional, featuring chili-burgers, chili-dogs and frosted mugs of homemade root beer. Menu is complemented by full breakfast line and a variety of sandwiches, side orders and beverages. Seating of up to 60 and drive-thru facilities are part of the building package.


Franchisor Background

Established: 1985
First Franchise: 1985
Franchise Units: 18
Company-Owned Units: 1
Total Units:19

Distribution:
U.S. -- 19; Canada -- 0; International -- 0
> North America -- Operations in 2 States
> States/Provinces with Greatest Density: 14 in MS, 5 in AL

Projected New Units Over Next 12 months:2
Franchisee Qualifications:5, 4, 3, 3, 3, 4
(for an explanation click here)

Registered in Following Registration States: NR
Average Number of Employees: 8 FT, 7 PT (FT = Full Time, PT = Part Time)
Space Needs:2,000 SF; FS (for abbreviations click here)

Financial Requirements

Cash Investment: $100K
Total Investment: $300-500K
Average Total Investment: $400K
Minimum Net Worth: $100K

Fees
>Franchise: $20K;
>Average Franchise Fee: $20K
>Royalty: 4-5%
>Advertising: NR

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): Varies
Passive Ownership: Discouraged
Area Development Agreements:Yes/Varies
Sub-Franchising Contracts: No
Expand In Territory:Yes


Franchisor Support and Training Provided

Site Selection Assistance:Yes
Lease Negotiation Assistance: No
Cooperative Advertising: No
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 4
On-Going Support: a,C,D,E,f,G,h,I (for an explanation click here)
Training: 4 Weeks Home Office.


Franchisor's Specific Expansion Plans

U.S.: All United States, Southeast
Canada: No
Overseas: No

Note: NR = No Response by Franchisor.
For a sample questionnaire click here.

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