Denny’s Restaurant Franchise Opportunities
Do you have the intention of starting a Denny’s Restaurant franchise in your community but you don’t have concrete information about the franchise? In this post, you will learn about Denny’s Restaurant franchise, their startup cost, franchise fee, their training, supports and other information you will need to take your stand about the franchise.
DENNY’S RESTAURANT FRANCHISE
Denny’s Restaurant Franchise was incorporated in 1953 with the first restaurant in Southern California and started franchising in 1963 with its headquarters in Spartanburg, South Carolina. It is a full service family style restaurant that offers a wide variety of food products and services. The restaurant provides a casual dining atmosphere and moderately priced food which is basically designed to satisfy a broad spectrum of customers.
The number of the restaurant units is estimated to be 1,720. Denny’s Restaurant has been a trusted leader in the family dining industry for more than 60 years. The business has now become a true icon with an almost 100% brand awareness.
The business serves a wide variety of flavorful foods and beverages in all their units and they are proud to serve America’s most loved foods products and services 24 hours a day, 7 days a week.
DENNY’S RESTAURANT FRANCHISE STARTUP COST
Every franchise has what it requires financially from franchisees which is an important aspect of becoming a franchisee of the franchise. It is crucial that you know these requirements beforehand so you can prepare well for it and work towards getting the money which cannot be done unless you know what the exact money is.
Therefore, I be giving you the full details of the financial requirements of Denny’s franchise so you can plan ahead. The financial requirements of Denny’s Restaurant Franchise are as follows:
- Initial Investment: $700,000- $2.4 million
- Net worth required: $1,000,000
- Liquid assets required: $500,00.
DENNY’S RESTAURANT FRANCHISE FEE
The franchising fee for Denny’s Restaurant franchise is $40,000
DENNY’S RESTAURANT FRANCHISE ONGOING FEE
The ongoing royalty fee for Denny’s Restaurant Franchise is 5.25% while the advertising fee is 4%.
DENNY’S RESTAURANT FRANCHISE FINANCING OPTIONS
The only financing option that the restaurant provides is by financing part of the purchase price of a former company restaurant. Denny’s has no intention to sell, discount or assign notes or instruments to a third party in the future.
DENNY’S RESTAURANT FRANCHISE REQUIREMENTS OF FRANCHISEES
Every franchise has its expectations, that is, what it needs from franchisees and is expected of individuals that wants to join the franchise to have. The following are the skills expected of everyone that wants to join Denny’s franchise:
- Ability to develop many sites.
- Ability to appropriate real estate.
- Experience with strong marketing oriented companies that is food related.
- Experience as a major brand restaurant or hospitality developer.
DENNY’S RESTAURANT FRANCHISE TRAINING AND SUPPORT
The restaurant provides adequate training and support to franchisees by giving a management training to all franchisees. A new restaurant opening training is also given to franchisees and their crew when the restaurant is about to be opened for them. Other trainings available for franchisees are:
- Franchisee manager in-training
- Food safety training and certification
- Welcome to Denny’s core values video training
- Onboarding training programs; this is a three days’ orientation program held at the restaurant’s support centre.
It is compulsory for all franchisees to attend all the trainings listed above. There is provision of operational training and ongoing support through operations, marketing, real estate, product development and construction for franchisees.
Denny’s corporate real estate executives help franchisees in determining the best site for their restaurant before receiving final site approval.
DENNY’S RESTAURANT FRANCHISE OFFER TO FRANCHISEES
The business is a good franchise opportunity that gives franchisees the chance to develop and operate a well standard restaurant with its comprehensive system. The business is presently establishing variations of the Denny’s concept which is called Denny’s Fresh Express and Denny’s All-nighter. It helps franchisees attain a satisfying level of success and excellence.
DENNY’S RESTAURANT FRANCHISE TERMS OF AGREEMENT/RENEWAL
The franchise has a franchise term with the length of the term being lesser of 20 years or the lease term. Franchisees are not given renewal options. It is also necessary for at least one person who signs the franchise agreement to participate in the operation of the Denny’s restaurant which includes on premises supervision and directing of employees in the daily operations of the restaurant.
HOW TO START A DENNY’S RESTAURANT FRANCHISE?
After going through the details above and you are still interested in the franchise, then you can contact the company through the following:
- Telephone: (800) 304-0222
- Fax: (864) 597-7708
You can also send a message to them by filling the form provided on the website www.dennysrestaurant.com. By filling the form, you will be directed to tune in to a webinar which provides basic information on becoming a franchisee.