Big Boy - Franchise Review

Monday, March 21, 2011

Big Boy Restaurants International is one of the larger franchise restaurant chains for more than 70 years now. It was founded by Bob Wian in 1936. The chain is now owned by Chairman Robert Liggett and is based in Warren, Michigan, United States. This franchise operates and franchises more than 150 of its signature family-dining spots in Michigan and more than half a dozen in other states. More than 20 of its locations are company-owned, while the rest are franchised. The company also has some 300 licensed Big Boy Restaurant units operating in Japan.

Big Boy Restaurants International has been known for their hamburgers combined with its famous sauce (and the iconic Big Boy figure holding a plate-sized sandwich), the restaurants also offer a full menu of breakfast options, starters, sandwiches, and desserts, beverages, as well as such home style dinner entrees and favourites such as meat loaf, pork chops, and chicken fried steak.

Meat Loaf

Today, the franchise owns, operates, and franchises a chain of restaurants in the United States, Japan, and internationally. Its locations in the United States alone include North Dakota, Michigan, Illinois, Ohio, California, North Carolina, Nevada, Florida, Arizona and Hawaii.

Running a Big Boy Restaurant franchise takes entrepreneurial drive and commitment. Prior restaurant experience is also preferred for franchisees. It also takes a minimum of 0,000 net worth and available investment equity of 0,000 per location. Multiple unit development areas are also available in some areas

It takes 12 to 18 months minimum to open a Big Boy restaurant franchise. The initial franchise fee is ,000, 4% of gross sales is the royalty fees and 3% of the gross sales is takes as the marketing fees. Approximately, over 60 employees are needed to run a franchised unit. You get the advantage of absentee ownership in fact 90% of its franchisees are owner/operators.

Both as a new franchisee and as an old hand at the business, Big Boy offers a time tested system. This system provides continuing training and support of operations, sales and marketing. These include newsletter, meetings, toll-free phone line, grand opening, internet, security and safety procedures, field operations and evaluations, purchasing cooperatives, cooperative advertising, Ad slicks and regional advertising.

Big Boy Restaurant International has built high brand recognition for over 75 years of experience in the business. It does not only serve desirable family menu all day, but also provides a standard of word class service. Big Boy has gained great brand loyalty over the years. Today, as its family continues to grow and even expanding more internationally, Big Boy Restaurant is a company you'll surely grow with. As a matter of fact, over 20% of all its franchisees own more than one unit.

When looking to start any business it is important, particularly considering today's market, that you look for specific ways to cut minimize or reduce overhead and risk. Any business is going to have risk, but it is important to have a full understanding of the amount of investment, startup cost and "ROI" (Return on Investment).

Most people are not aware that 80% of ALL franchise endeavors fail in the first two to five years leaving large debts looming for years thereafter.

One way and in my opinion the best way to cut overhead, startup and investment cost is to take advantage of the new age of entrepreneurship and start a business from the comfort of your home. Opportunities have emerged in the online market that are creating millionaires every single day. Learn more about the exciting opportunities tied to a business model that begins profitable by visiting: http://whatsbetterthanafranchise.com.

Big Boy - Franchise Review

Thomas White is an internet coach and mentor, broker and past owner of multi-location franchises, dedicated to helping other achieve financial freedom leveraging the online market. To see his methods of creating an automated and thriving online business or how you can leverage the internet to send your existing business through the roof visit: http://whatsbetterthanafranchise.com.

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