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Entrepreneur: Start & Grow Your Business

Western Sizzlin

Family steakhouse

Background

Founded: 1962 Franchising since: 1965
P.O. Box 12167
Roanoke, Virginia 24023-2167
Phone:
(540)345-3195


Franchisor is a publicly-held company with 22 employee(s); 8 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 99 0 0 5
2008 110 0 0 5
2007 116 0 0 6
2006 127 0 0 5
2005 144 0 0 6

Where Seeking Franchisees
In the U.S. Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, 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, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.

Costs and Fees

Total investment: $1.1M-4.5M
Franchise fee: $30K
Ongoing royalty fee: 3%
Term of agreement: 20 years, renewable


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

Qualifications
Net worth requirement: $1M
Cash liquidity requirement: $300K
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills

Operations
  • 20% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 40
  • Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Training and Support

Training
  • At training centers : 6 weeks

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

Marketing Support
  • Ad slicks

Other marketing support
  • Quarterly promotions

Rankings

Franchise 500® rank:
#421 (2009); #472 (2008); #442 (2007); #453 (2006); #448 (2005);