Perkins Restaurant & Bakery

Perkins Restaurant & Bakery

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Promoted Opportunities

Initial Investment

LOW: $1,579,625
HIGH: $2,355,625

Change in Units

Company Profile

Founded

1958

Franchising Since

1958 (59 Years)

Corporate Address

6075 Poplar Ave., #800 Memphis, TN 38119

Parent Company

Perkins Family Rest. Operating Co., L.P.

About Perkins Restaurant & Bakery

Starting its life as a pancake house in Cincinnati, Ohio, Perkins Restaurant & Bakery was founded by Ivan and Matt Perkins in 1958. Today, the chain of full-service restaurants, which was once owned by the Holiday Inn Corporation, has more than 500 locations throughout the United States and Canada serving a variety of breakfast, lunch and dinner favorites, including pancakes.

Financials

Financial Requirements

Initial Investment

$1,579,625 - $2,355,625

Net-worth Requirement

$1,500,000

Liquid Cash Requirement

$500,000

Ongoing Fees

Initial Franchise Fee

$40,000

Ongoing Royalty Fee

4%

Ad Royalty Fee

3%

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training at headquarters: 12 weeks

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: July 28th, 2016

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