How much does a Long John Silver's franchise cost?
- Initial Franchise Fee: $20,000
- Total Investment: $1,006,000 to $1,528,000
- Working Capital: $100,000 to $200,000
- Royalty Fee: 5.0%
Full Answer
How much does it cost to open Long John Silver's franchise?
The estimated investment required to open a Long John Silver's Franchise is between $460,000-$1,403,000. There is an initial franchise fee of $10,000-$20,000 which grants you the license to run a business under the Long John Silver's name. Initial Investment:
How many Long John Silver’s restaurants are there?
Since its founding in 1969, Long John Silver’s owns, operates and franchises nearly 700 restaurants - 70% of which are franchised- located across 38 U.S. states and Singapore. The brand generates $413 million across the franchise system.
Why choose Long John Silver’s?
Long John Silver’s provides training and ongoing 24/7 support to our franchisees. Franchise support is led by Long John Silvers’ field operations leaders, who are supported by a large team of professionals spanning operations, training, field franchisee business coaches, and 24/7 IT support. Dedicated Team of Professionals
What is Long John Silver’s training program?
Long John Silver’s training program includes 6 weeks of training for your operating managers in a certified training restaurant prior to opening your first Long John Silver’s. Once open, at least one member of the LJS training team as well as members of the Operations team will be there to support you.
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What is the highest franchise fee?
The Top 10 Most Expensive Franchises in the World8 AMPM - $7.6 million.7 Golden Corral - $6.76 million.6 Buffalo Wild Wings Grill & Bar - $3.2 million.5 Culver's - $2.8 million.4 KFC Corp. - $2.5 million.3 Denny's Inc. - $2.4 million.2 Carl's Jr. - $1.8 million.1 Hardee's - $1.6 million.More items...•
Are Long John Silver's and Taco Bell owned by the same company?
In 2002, Yorkshire Global Restaurants was acquired by Tricon Global, and that company was renamed Yum Brands in May of that year. It was parent to KFC, Pizza Hut, Taco Bell, A&W and Long John Silver's.
Who owns Long John Silvers?
LJS Partners LLCLong John Silver's / Parent organization
How successful is Long John Silver's?
Over the last two years, Long John Silver's grew total system sales by 2.5 percent and net sales increased by $16 million, year-over-year.
What kind of fish does Long John Silver's use?
Long John Silver's wild-caught Cod and Pollack come from the icy waters of the North Pacific Ocean, one of the best-managed and most sustainable fisheries in the world. LJS fish is fresh-caught, and flash-frozen while still aboard the fishing boats to lock in the flavor.
Who owns Kentucky Fried Chicken?
Yum! BrandsKFC / Parent organizationYum! Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of over 53,000 restaurants in 155 countries and territories under the company's concepts – KFC, Taco Bell, Pizza Hut and The Habit Burger Grill.
What does Long John Silver do for a living?
His role in Treasure Island: Long John Silver was hired by the Squire to be the cook on the Hispaniola. He turns out not to be a cook but an evil pirate who is also hunting for Captain Flint's treasure.
Where is Long John Silver's most popular?
The state with the most number of Long John Silver's locations in the US is Texas, with 88 stores, which is about 14% of all Long John Silver's stores in the US.
Why is it called Long John Silver?
The brand's name is derived from the novel Treasure Island by Robert Louis Stevenson, in which the pirate Long John Silver is one of the main characters.
What is the difference between Jim Hawkins and Long John Silver?
Answers 1. Well Jim is a boy helping his mother in a little Inn and Silver is a seasoned pirate of the high seas. They are both pretty flat characters. The boy is essentially good and Silver is bad.
Does Long John Silver get away?
So the book compromises by letting Long John Silver disappear: he slips away from the Hispaniola with a sack of coins when Squire Trelawney, Doctor Livesey, and Jim Hawkins are ashore at the end of the novel. Long John Silver may not get exactly what he wants, but he escapes punishment, as all good tricksters should.
What kind of oil does Captain D's fry their fish in?
We called several of its restaurants across the US who confirmed that it uses beef tallow, which is made from rendered animal fat, in some of its restaurants. Captain D's did not immediately respond to Business Insider's request for comment.
Who is Taco Bell owned by?
Yum! Brands Inc.Under our parent company, Yum! Brands Inc. Taco Bell is part of a family of fast food powerhouses which include both KFC and Pizza Hut.
What companies do Taco Bell own?
Yum Brands Inc., is a restaurant company that owns quick-service chains Taco Bell, Pizza Hut and KFC, as well as fast-casual brand The Habit Burger Grill. It is headquartered in Louisville, Ky.
Is Taco Bell owned by another company?
Brands, Inc. (or Yum!), formerly Tricon Global Restaurants, Inc., is an American fast food corporation listed on the Fortune 1000. Yum! operates the brands KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China.
What is Long John Silver connected to?
Long John Silver is a fictional character and the main antagonist in the novel Treasure Island (1883) by Robert Louis Stevenson.
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What is a LJS franchise?
Long John Silver's (LJS) restaurants offer a limited menu featuring fish, seafood, chicken and related items. The restaurants are designed to serve food promptly and offer dine-in, take-out and in a significant number of restaurants, drive-thru service. The restaurant must be built to the franchisor’s specifications and operated in accordance with LJS’s standards. There are three types of restaurants: traditional, co-brand, and express.
How far away from a traditional restaurant is a franchise?
The territory for a traditional restaurant is typically a one and one-half mile radius from the traditional restaurant. If a traditional restaurant is in a convenience and gas store, the territory is generally a one mile radius from the restaurant. For co-brand restaurants, except as described in the FDD, the franchisor will not operate or franchise others to operate a restaurant within a territory equal to the smaller of a circle created by a 1.5 mile radius as measured from the center of a co-brand restaurant or a circle measured from the center of the co-brand restaurant within which a population of 30,000 people reside and/or work.
Who must complete LJS training?
The manager, and other of the franchisee’s employees as the franchisor designates, must successfully complete LJS’s training programs. Franchisees may sell only those food and beverage products that the franchisor designates in the operations manual and meet the standards contained in the operations manual.
Do franchisees have to supervise their restaurant?
Obligations and Restrictions: Franchisees do not have to participate personally in the direct operation of their restaurant, but the franchisor strongly recommends direct personal participation. If franchisees are a corporation, limited liability company or partnership, or if franchisees will not personally supervise restaurant operations, they must designate at least one on-premises supervisor (manager). The manager, and other of the franchisee’s employees as the franchisor designates, must successfully complete LJS’s training programs. Franchisees may sell only those food and beverage products that the franchisor designates in the operations manual and meet the standards contained in the operations manual.
Does Franchise Direct sell your information?
Franchise Direct's reputation for integrity in the franchise industry has been established over our 20+ years in business. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Please view our privacy policy.
Does franchising charge for food safety audits?
Food Safety Audits. The franchisor may cause a third party vendor to conduct food safety audits of the restaurant. The franchisor currently does not charge franchisees any fees for the first assessment, but franchisees will be required to pay for reassessments after a failure and in the case of a refused entry.
Background
The Quick Service Restaurant (QSR) industry is a billion dollar industry that accounts for hundreds of thousands of jobs to the economy. In today's world, customers are looking for healthier options when they go out. This is where the Long John Silver's franchise comes in.
Support and Training Offered By Long John Silver's
Franchises can expect 24/7 support from the franchise. Additionally, the franchise also offers assistance from the LJS Training Department. take Promotional Training Webinars. attend Annual regional Training Meetings, have Weekly System Communications, and access its National Online Training and Standards Portal.
Franchises Similar to Long John Silver's
The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.
About Franchise
Long John Silver’s (LJS), LLC is the franchisor. LJS restaurants promptly serve a limited menu that specializes in fish, seafood, chicken. Restaurants have dine-in, take-out, some of them also have drive-thru service. The restaurant must be built following the specifications of the franchisor and operated under LJS standards.
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How much does a Long John Silver's franchise make?
Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 476 franchised Long John Silver's locations in the USA.
Are there any Long John Silver's franchise opportunities near me?
Based on 2020 FDD data, Long John Silver's has franchise locations in 37 states. The largest region is the South with 236 franchise locations.
