 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
|
|
|
Corporate Office:
333 S. Des Plaines Street
Suite 506
Chicago, IL 60661
Phone: 312.382.0707
Fax: 312.382.1707 |
|
|
|
|
 |
FAQ |
What will receive as part of the Lou Mitchell's franchise system?
You or your operating partner and your key kitchen and management staff will receive
training at our corporate location for up to six weeks. You will also receive up pre-opening
help at your own location, for up to three weeks. You will have access to all Lou
Mitchell's trademarks, approved suppliers, and our exclusive recipes and operational
tools. And, we'll provide you with a copy of our confidential operations manual to help
you run your business effectively.
What type of prior experience do I need to have?
We expect the franchise owner or a business partner to have adequate restaurant
operating experience. However, we will provide the tools and training you need to run
your own Lou Mitchell's restaurant. We do, of course, expect that you have the right
amount of capital to invest in the franchise.
How much will the Lou Mitchell's franchise investment cost me?
The estimated required investment ranges from $888,282 to $1,328,492. As with any
new business venture, it's important that you have the capital needed to fund your new
business.
Are there ongoing fees paid to the franchisor?
Franchisees will be required to pay royalties on revenues. These fees allow us to
fund our ongoing support services and the continued development of new recipes,
procedures, marketing tools, training programs, and systems upgrades.
Are there any advertising fees?
Franchisees will be required to spend at least 1.5% of revenues per month on local
marketing. Franchisees may also contribute up to 2% (but starting at 1.5%) of revenues
toward a system marketing fund. Funds are used to develop marketing strategies to
promote the Lou Mitchell's brand and fund the creative costs to develop local franchise
marketing materials.
Is financing available?
No, we do not offer direct financing to franchisees. We may be able to provide
references to qualified financing or lending agencies, on a case-by-case basis.
What is the term of the franchise agreement?
The initial term of your Lou Mitchell's franchise agreement is fifteen years, with three
subsequent five-year renewal terms.
How do I get started?
If you're interested finding out more about a Lou Mitchell's franchise, request our
franchise program brochure. Or call us at 312-382-0707. Once you've submitted an
application for consideration, we'll then contact you to discuss the possibility of setting
up a face-to-face meeting, where you can visit our corporate offices, meet with key
franchise management staff, and receive our FDD which contains all the important
details you'll need to make an informed decision. |
|
|
 |
