Teakwoods Tavern & Grill

Teakwoods Tavern & Grill

Full-service restaurant
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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$208K - $467K
Units as of 2014
2 -33.3% over 3 years

Company Overview

About Teakwoods Tavern & Grill

Industry
Food
Founded
1995
Leadership
George Krotonsky, CEO

Franchising Overview

Franchising Since
2014 (7 years)
# of employees at HQ
3
Where seeking

This company is seeking new franchisees worldwide.

This company is seeking new franchisees in the following US states: Arizona, Colorado, Idaho, New Mexico, Nevada

# of Units
2 (as of 2014)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
3217 E. Shea Blvd., #617
Phoenix, AZ 85027

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Teakwoods Tavern & Grill franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$35,000
Initial Investment
$207,500 - $467,000
Net Worth Requirement
$500,000
Cash Requirement
$150,000
Royalty Fee
5%
Ad Royalty Fee
1%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
3 weeks at pre-opening & openi
Classroom Training
6 weeks
Ongoing Support
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Marketing Support
Ad Templates
Regional Advertising

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
40-50
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where Teakwoods Tavern & Grill landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021