Joey's Only Seafood Restaurant

Founded: 1985 Franchising since: 1985

Joe Klassen started "Joey's Only" in the summer of 1985 in Calgary, Alberta. With Jill Argue, Theresa Klassen and David Mossey, he started franchising the same year. Joey's Only has locations in the United States and Canada.

On Tuesdays Joey's Only restaurants feature all-you-can-eat fish and chips, as well as all-you-can-eat fries and free soft drink refills every day. They have an open kitchen so customers can watch their meals being prepared. In 1999 the company began offering its Tennessee Jack's menu of rotisserie chicken and ribs and side dishes.

514-42nd Ave. S.E. Calgary, Alberta T2G 1Y6

Phone: (800)661-2123/ (403)243-4584

Franchisor is a privately-held company with 20 employee(s); 2 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2006	17	96	0	2
2005	--	--	--	--

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 25,000-75,000 population

Special Programs
Joey's Only is involved with a variety of local charities and the Alzheimer's Annual Coffee Break Fundraiser.

Total investment: $330K-400K Franchise fee: $25K

Ongoing royalty fee: 4.5% Term of agreement: 10 years, renewable

Express/kiosk option available

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $400K+
Cash liquidity requirement: $150K+
Business Experience:

• General business experience
• Management experience; computer & food service experience preferred

Operations

• 35% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 15
• Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators)

Training

• Available at headquarters: 5 weeks
• At franchisee's location: 2 weeks

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations
• Purchasing cooperatives

Marketing Support

• Co-op advertising
• Ad slicks
• National media
• Regional advertising

Other marketing support

• POS materials

Franchise 500® rank:
#297 (2005);

America's Top Global Franchises:
#181 (2005);