Introduction
Transcription
Introduction
Introduction I’m David Davoudpour, and I’d like to share a rare opportunity. It’s the opportunity to become a part of one of the proudest franchise restaurant operations in our nation, and the chance to be in the thick of its resurgence. Shoney’s® is an American icon, and an authentic thread in the fabric of our history. For generations of us, Shoney’s® has been the dinner table; a place to celebrate the everyday victories and moments in life, and a place to enjoy wonderful food that just seems to put things into perspective. Now, it’s time for Shoney’s® to serve a whole new generation of families and the way they live. Shoney’s On The Go® is America’s next great restaurant story. And there’s room for you in it. 1 ©2012 SHONEY’S ON THE GO, LLC Chapter 1 Shoney’s for a New Generation ® Shoney’s On The Go® is something completely new and different, built for the way families live now. Almost everyone is pressed for time, but the promise of a good meal together is still basic to a happy life. To answer that challenge, we’ve transported the great food and hospitality of Shoney’s® to a new format. Whether people want to eat in or get a real meal to go, Shoney’s On The Go® is simple, easy and delicious. 3 ©2012 SHONEY’S ON THE GO, LLC ©2012 SHONEY’S ON THE GO, LLC Chapter 2 A Brand New Look The look and feel of Shoney’s On The Go® is modern, yet entirely familiar and comfortable. Designed to feel timeless and inviting, you can expect your Shoney’s On The Go® restaurant to turn heads. The best possible response is simply, “Hey! Is that a Shoney’s®? It is. And it’s really different!” The exterior of your Shoney’s On The Go® restaurant will feature warm tones and solid brick textures that speak of a committed and contemporary brand. Thoughtful design details, such as arch-topped louvers, soften and invite. 5 ©2012 SHONEY’S ON THE GO, LLC ©2012 SHONEY’S ON THE GO, LLC In the interior, modern lines and lighting complement durable, high-quality surfaces and comfortable seating, creating a premium feeling your customers will want to return to again and again. 7 ©2012 SHONEY’S ON THE GO, LLC ©2012 SHONEY’S ON THE GO, LLC Chapter 3 A New Menu for a Brand New Vision Shoney’s® menu has always been filled with a wide variety of family-pleasing meals, and there’s “something for everyone” on the Shoney’s® menu. Shoney’s On The Go® brings that tradition forward, but with a simpler selection of freshly prepared, popular items that people crave most in fast casual dining. Chef Will Eudy Executive Chef and Director of Research and Development Great restaurants demonstrate real culinary leadership, and Shoney’s On The Go® has the advantage of the extraordinary talents of Chef Will Eudy and his staff, to create food people really love. For 15 years since graduating with honors from the Culinary Institute of America, Chef Will has pursued his passion for great food in cities like New York, Chicago, San Francisco, Miami, Atlanta and now Nashville. As Executive Chef of Shoney’s® Restaurants, Chef Will has cultivated a simple, tastes-great philosophy that complements his long-standing passion for classic American comfort food. It’s perfect for Shoney’s On The Go® restaurants, and for our guests. ® “What people really want is to be surprised with great food.” - Chef Will Eudy 9 ©2012 SHONEY’S ON THE GO, LLC ©2012 SHONEY’S ON THE GO, LLC Pancake Platter Chicken Biscuit Breakfast Platter Breakfast Sides Texas Toast, Bacon, Egg & Cheese Breakfast Sides ©2012 SHONEY’S ON THE GO, LLC 11 ©2012 SHONEY’S ON THE GO, LLC Country Fried Chicken Platter Hand-Breaded Chicken Tenders Basket Chicken Salad All-American Burger ™ Fish & Chips Meatloaf with Gravy Crispy Chicken Sandwich 13 ©2012 SHONEY’S ON THE GO, LLC ©2012 SHONEY’S ON THE GO, LLC Smoothies Hot Fudge Cake Strawberry Pie Milkshakes ©2012 SHONEY’S ON THE GO, LLC 15 ©2012 SHONEY’S ON THE GO, LLC Executive Team Chapter 4 Team Shoney’s David Davoudpour ® Chairman and Chief Executive Officer ® From the office of the CEO to the newest hire in one of our restaurants, everyone at Shoney’s® works together as a true team, dedicated to serving great food and making our guests feel welcome. Here are the Shoney’s® executives who support our franchise partners, restaurant managers, kitchen personnel and servers to make your visit to Shoney’s® a memorable one. David Davoudpour has nearly 30 years of experience in food service and hospitality. Mr. Davoudpour has created and/or operated a number of successful restaurant concepts located throughout the United States in the casual dining, family dining, and quick-service categories. He has been recognized by the restaurant and hospitality industry with numerous awards. As Chairman and CEO, Mr. Davoudpour is breathing new life into the Shoney’s® brand through innovation, a focus on simplicity, and community involvement. 17 ©2012 SHONEY’S ON THE GO, LLC ©2012 SHONEY’S ON THE GO, LLC Executive Team Kamran Habeeb Steve Neuroth President and Chief Operating Officer Chief Financial Officer Kamran Habeeb began his food service career 24 years ago as a management trainee with Church’s Chicken®. In 1999, he became President of a Church’s Chicken® franchise operating 111 restaurants in Arizona, California, and Texas. Kamran brings to Shoney’s On The Go® a strong foundation for managing the people, processes and companies within a franchise system. Steve Neuroth brings a decade of experience serving in financial leadership roles within the restaurant industry. He spent the first part of his career working in investment management where his experience included mergers and acquisitions within the restaurant industry. Steve earned both his graduate and undergraduate degrees at the Georgia Institute of Technology. Catherine Hite, Esq. Sameer Sarker Executive Vice President and General Counsel Vice President of Operations Catherine brings nearly 20 years of experience to Shoney’s® in commercial and civil litigation, the protection of intellectual property, insurance coverage, employment contracts and trademark issues. She is licensed to practice law in Florida, Georgia, and Tennessee. Catherine received her undergraduate degree from the University of North Carolina at Chapel Hill and graduated Cum Laude from the University of Miami School of Law. Sameer has been in the restaurant industry for over 20 years focusing on Quick Service Restaurants. He became a part of Church’s Chicken® management in 1990 and has helped direct several markets to profitability earning him a Vice President of Operations position for BAH Texas, LLC in 2002. Sameer focuses on enforcing core fundamentals, leadership and personal development. 19 ©2012 SHONEY’S ON THE GO, LLC ©2012 SHONEY’S ON THE GO, LLC Franchise Opportunities Map Chapter 5 Franchise Opportunities Map ® Available Existing International opportunities also available ©2012 SHONEY’S ON THE GO, LLC 21 ©2012 SHONEY’S ON THE GO, LLC TRADE AREA/SITE ELEMENTS Location 1 stand alone building or strip center end-cap Development Parameters Building Sq. Footage 2,400 - 2,800 Traffic 20-30K cars (in general for non-interstate sites) Shoney’s On The Go® restaurants will be designed for high visibility and to be extremely welcoming to patrons. Restaurants will be located in high traffic areas, and each will be developed according to a very specific set of guidelines in order to position your restaurant for success. Ingress/Egress Non-median bound, access to major and minor arteries Signage High rise and reader-board signs preferred Monument sign acceptable for a strong site Site Visibility High Street Speed 35-40 mph (ideal) Prime Generators Hotels, office complexes, light industrial, hospitals, transportation centers, colleges/universities, big box retail, sports complexes (K-12 and/or college), sports arenas Chapter 6 ® 23 ©2012 SHONEY’S ON THE GO, LLC ©2012 SHONEY’S ON THE GO, LLC Chapter 7 A Proud History, a Bright Future The drive-in that Alex “Shoney” Shoebaum first started in Charleston, West Virginia became the beginning of a restaurant juggernaut that has changed many times over the last 65 years. So it should come as no surprise that the next generation of Shoney’s® will look, feel and operate in a completely new way. This is Shoney’s On The Go®, and it’s something special. 65 Years and Counting This year marks the 65th year that Shoney’s® has been feeding American families. From our beginning as a drive-in restaurant in Charleston, West Virginia, Shoney’s® has grown to become one of the nation’s top casual dining destinations, with nearly 200 restaurants in 17 states. We’ve changed a lot over the years, but we’re proud that Shoney’s® still is a family-friendly restaurant where folks can enjoy great food and great service for a great value. We’re always ready when America says, “Let’s Eat!” 25 ©2012 SHONEY’S ON THE GO, LLC ©2012 SHONEY’S ON THE GO, LLC Marketing Support BFG Marketing Ad Agency BFG Communications is an independent, creative communications agency that delivers seamless storytelling and consumer insights to companies large and small. Founded in 1995, BFG helps clients build brands. Headquartered in Hilton Head, SC, the agency innovates from offices in New York, Atlanta, and locations throughout North America. BFG employs more than 250 inspiring individuals, and its clients include The Coca-Cola Company, Warner Brothers Entertainment, Hanes Brands, Snyder’s-Lance Brands, and Treasury Wine Estates. Chapter 8 Marketing Support Your Shoney’s On The Go® franchise will have extensive marketing support. A strong marketing message and regular feature promotions will help make your franchise “top of mind” to hungry patrons, and we’ll make sure you have high-quality communications at your disposal. Levenson & Hill ® Marketing Ad Agency Levenson & Hill is an independent agency with 25-year deep roots in retail, restaurant and entertainment marketing nationwide. Today, the agency’s central mission is multiplying the impact of Shoney’s advertising investment with media research, planning and buying, as well as supporting the Brand and its Franchisee Partners with field marketing and systemwide publicity and promotion. Levenson & Hill is the full-service flagship brand of The Levenson Group, which also includes professional teams specializing in interactive and social media, multicultural marketing, public relations/corporate communications and entertainment marketing. Levenson & Hill has served the Shoney’s brand with pride since 2009. Point of Sale ©2012 SHONEY’S ON THE GO, LLC Television Radio Social Media Print 27 ©2012 SHONEY’S ON THE GO, LLC Franchise Process 1. Complete the Franchise Application and return to us by mail to the address provided. A separate Franchise Application should be completed by each applicant. Chapter 9 Franchise Process Approval for franchise ownership is contingent upon several factors, including the ability to invest properly in the development of your franchise locations. Success is important to you and to us, which is why it’s important to identify franchisees that will help to take the Shoney’s On The Go® brand forward. 2. Upon receipt, we will review and evaluate your application and, if approved, provide you with a Franchise Disclosure Document (FDD). 3. We may provide you with a FDD in hard copy or electronic format. If the FDD is furnished electronically, we will send it to you by e-mail. It will be provided in a Portable Document Format (PDF) file. You must use the Abobe® Acrobat® program in order to open and view this type of electronic file. Your computer must be capable of reading PDF files, which requires a free Adobe® Reader® program. You may need a broadband connection to download the FDD. 4. Upon receipt of the FDD, please complete and sign the final two pages of the document entitled “Receipt.” Once completed and signed, return the Receipt designated as Shoney’s On The Go, LLC copy to the address indicated on the cover of the FDD. 5. It is recommended that you review our FDD with your attorney and business advisors. 6. Upon receipt, we will schedule a date for you to meet with a committee of our executive team members for a personal interview and restaurant visit. 7. We will host a Discovery Day at our corporate office, which includes a tour of corporate office departments and introduction to personnel. 8. We will discuss available development, territories and timing with you. To pursue franchising, you must sign our Development Agreement, pay the development fee, and commit to develop 3 Shoney’s On The Go® restaurants. THIS IS NOT AN OFFER TO SELL A SHONEY’S ON THE GO® FRANCHISE. AN OFFER TO SELL A FRANCHISE WILL BE MADE ONLY PURSUANT TO THE SHONEY’S ON THE GO® FRANCHISE DISCLOSURE DOCUMENT AND IN ACCORDANCE WITH APPLICABLE LAW. ©2012 SHONEY’S ON THE GO, LLC 29 SHONEY’SON ONTHE THEGO, GO,LLC. LLC ©©2012 2012 SHONEY’S FAQs Chapter 10 FAQs You probably have plenty of questions by now, which shows you’re thinking about all the right things. We’re just a phone call away, and we’re ready to answer all your questions in detail. With that said, there are several frequently asked things that we can probably answer right here. 1. What are the financial requirements for someone who wants to own a Shoney’s On The Go® franchise? To qualify financially for franchise ownership, you must have a provable net worth of at least $1.5 million, and liquid assets of at least $750,000. 2. Can I open a single Shoney’s On The Go® restaurant? You must commit to opening at least three Shoney’s On The Go® franchise restaurants. 3. What are the franchise fees? The costs to open a Shoney’s On The Go® restaurant include two components: • A development fee of $10,000 per restaurant for first 3 restaurants, and $5,000 for each additional restaurant • A franchise fee of $25,000, and a portion of the development fee paid will be credited to the franchise fee. ® Total Estimated Initial Investment: $346,100 to $1,566,000 4. Are there continuing costs after my initial fee? Continuing costs include a royalty of 5% of your gross restaurant sales, and advertising fees of 5% of your gross restaurant sales. 31 ©2012 SHONEY’S ON THE GO, LLC ©2012 SHONEY’S ON THE GO, LLC Chapter 11 Next, Let’s Eat! ® We hope you’re as interested in Shoney’s On The Go® as we are. No franchise is right for everyone, but we believe the opportunity to own a part of an iconic American restaurant brand like Shoney’s® will hold special appeal to many entrepreneurs like you. ©2012 SHONEY’S ON THE GO, LLC