Woody's Chicago Style

At a Glance

Products & Services: Hot dog, beverage & coffee carts/in-line outlets

Number of Locations: 5

Total Investment: $29K - $50K

Founded: 1987

Began Franchising: 1991

Franchise Units

Year U.S. Canadian International Company Owned
2013 4 0 0 1
2012 18 0 0 2
2011 22 0 0 2
2010 34 0 0 2
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Arizona, California, Colorado, Hawaii, Kansas, Missouri, Montana, Midwest, Nebraska, New Mexico, Nevada, Oklahoma, Southwest, West, Washington, Wyoming.

Startup Costs, Ongoing Fees and Financing

Total Investment: $29,000 - $50,000
Franchise Fee: $10,000 - $20,000
Ongoing Royalty Fee: $600/mo.
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $200,000 - $300,000
Liquid Cash Available: $50,000
Operations
10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1 - 3. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: At franchisee's location: 2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,