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Entrepreneur: Start & Grow Your Business

Woody's Chicago Style

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

Background

Founded: 1987 Franchising since: 1991
2190 Kipling St.
Lakewood, Colorado 80215
Phone:
(877)469-6639/ (303)697-3962


Franchisor is a privately-held company with 10 employee(s); 10 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 42 0 0 2
2008 58 0 0 1
2007 86 0 0 1
2006 98 0 0 1
2005 86 0 0 0

Where Seeking Franchisees
In the U.S. Arizona, California, Colorado, Hawaii, Kansas, Missouri, Montana, Midwest, Nebraska, New mexico, Nevada, Oklahoma, West, Washington, Wyoming

Exclusive territories available.
Territory size: To be determined

Costs and Fees

Total investment: $45.1K-452K
Franchise fee: $20K-80K
Ongoing royalty fee: $600+/mo.
Term of agreement: 5 years, renewable
Express/kiosk option available

Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable Yes No
Payroll Yes No

Qualifications
Net worth requirement: $70K
Cash liquidity requirement: $10K
Business Experience:
  • General business experience

Operations
  • 6% 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. (95% of current franchisees are owner/operators)

Training and Support

Training
  • At franchisee's location: 1 week
  • Follow-up within 30 days of opening : 3 days

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

Marketing Support
  • Regional advertising

Other marketing support
  • Grass roots marketing program

Rankings

Franchise 500® rank:
#270 (2005);