Business Description

LINDY-GERTIE restaurants sell LINDY's chili, the oldest (established in 1924) chili parlor in Chicago, and GERTIE'S Ice Cream (the oldest ice cream parlor in Chicago, established in 1901).

Franchisor Background

Year Established:  1986

Franchising Since:  1987

Operating Units:
Franchised Units:	9	100%
Company-Owned Units:	0	0%
Total Operating Units:	9	100.0%
Geographic Distribution: U.S.: 9 100% In 1 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 9 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Illinois	10

Registered in Following Registration States: Illinois

Financial Requirements

Investment:
Minimum Net Worth:	$100K
Cash Investment:	$40K
Total Investment:	$60-90K
Average Total Investment:	$75K
Fees:
Initial Franchise Fee:	$9.5K
Average Franchise Fee:	$10K
On-Going Royalty:	6%
Average Royalty:	6%
Advertising Fee:	2%

Average Number of Employees: 1 Full-time, 2 Part-time

Space Needs (in square footage):

Preferred Sites: Free-standing Building, Storefront, Strip Center, Regional Mall

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	4
General Business Experience:	1
Specific Industry Experience:	1
Formal Education:	2
Psychological Profile:	4
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Not Allowed
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	1
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Not Applicable
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Not Applicable
Regional or National Meetings:	Not Applicable
800 Telephone Hotline:	Not Applicable
Training:
1. 5858 S. Kedzie, Chicago, IL	1 Week
2. 3685 S. Archer, Chicago, IL.	1 Week
Expansion Plans
Projected New Units Over Next 12 months: 2 U.S.: Yes, IL Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from Lindy - Gertie's.