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29 Aug, 2017

5 & Diner Franchise

5 & Diner Franchise

The 5 & Diner Franchise was incorporated in the year 1993 and it has been franchising ever since the year 1995. This company is found in many locations across the country but its headquarters is in Arizona. This company is involved in selling restaurant franchises which have specialize din providing consumers with a 1950s diner’s theme & ambience. The setting is created in a very brilliant manner and they mostly serve shakes, burgers and many other delicacies which have been prepared in a high quality manner. The atmosphere is usually casual and very welcoming for guests. This company usually has two different franchise agreements. The first one is the single franchise which gives the company the rights to operate a 5 & Diner style restaurant with the right to use the trademark of the company. The other agreement that the 5 & Diner Franchise offers is the Area Development Agreement. This is available for people that want to develop many restaurants within a particular geographic territory that has been described in full details. This company does not offer a potential investor any form of financial assistance whatsoever. In addition to this, the company also does not guarantee any obligation or note lease.

The 5 & Diner Franchise offers mandatory training & assistance to all of its franchisees. The initial training program normally lasts approximately 4 weeks. This program includes the following subjects: The program will be conducted for a maximum number of four employees of the franchisee which will include the manager, manager’s assistant & the kitchen manager who is required to be involved in the day to day running of the business. This company provides a potential franchisee with the essential supervisory assistance that is required. This normally happens during the opening and the initial stages of the restaurant which is normally for a week. In addition to this, there is also another week for post opening assistance. The best thing about both of these assistances is that they are absolutely free hence the franchisee will not pay any money to receive them. The 5 & Diner Franchise also provides the franchisee with the essential operating procedures. These normally include: Personal policies, financial record keeping, production methods and sources of supplies that have been approved. The term of the franchise agreement is usually 20 years and it also consists of an additional term which ahs 10 years. The additional term of 10 years is normally given to a franchise that has a good standing.

 

 

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