Teakwoods Tavern & Grill
Full-service restaurant

Teakwoods Tavern & Grill
Full-service restaurant

About
Founded

1995

Franchising Since

2014 (6 Years)

Corporate Address

3217 E. Shea Blvd., #617
Phoenix, AZ 85027

Leadership

George Krotonsky, CEO

Financial Requirements
Initial Investment

$207,500 - $467,000

Net-worth Requirement

$500,000

Liquid Cash Requirement

$150,000

Ongoing Fees
Initial Franchise Fee

$35,000 - $35,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

1%

Support Options
Ongoing Support

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Marketing Support

Ad Templates

Regional Advertising

On-The-Job Training:

3 weeks at pre-opening & openi

Classroom Training:

6 weeks

Absentee Ownership Allowed
Number of Employees Required to Run:

40 - 50

Cost
Initial Investment: Low - $207,500 High - $467,000
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new units internationally.

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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: June 9th, 2015