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How To Buy A Franchise Show | Dr. John Hayes provides insight on how to buy and operate a franchise
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Shoney’s: Name’s the same, but that’s about it
Архівні серії ("Канал неактуальний" status)
When? This feed was archived on July 06, 2023 17:10 (). Last successful fetch was on October 14, 2022 03:04 ()
Why? Канал неактуальний status. Нашим серверам не вдалося отримати доступ до каналу подкасту протягом тривалого періоду часу.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 175006881 series 1065359
And the strawberry pie is still on the menu. That hasn’t changed. But “this isn’t your grandma’s Shoney’s,” jokes Terri Harof, Director of Development for Shoney’s, now in its 70th year. The entire look of the restaurant has changed: they added a patio for outdoor eating, contemporized the décor and added a full bar. Years ago, 90 percent of customers chose Shoney’s buffet; now, Harof estimates it’s about a 50/50 split with customers ordering entrees from the menu. Shoney’s is nostalgic for many Americans and the company’s emphasis for franchise operations is on maintaining that feeling and continuing to create lasting memories. Free-standing full-service restaurants aren’t inexpensive to build. Occasionally, existing restaurants can be transferred, but buying a Shoney’s is always going to require a significant amount of capital. However, financing can be arranged and Harof has preferred vendors that are very enthusiastic about opening more Shoney’s locations. The company has an Item 19, has undergone an extreme makeover and is planning on selling 15 new franchises in 2017!
71 епізодів
Shoney’s: Name’s the same, but that’s about it
How To Buy A Franchise Show | Dr. John Hayes provides insight on how to buy and operate a franchise
Архівні серії ("Канал неактуальний" status)
When? This feed was archived on July 06, 2023 17:10 (). Last successful fetch was on October 14, 2022 03:04 ()
Why? Канал неактуальний status. Нашим серверам не вдалося отримати доступ до каналу подкасту протягом тривалого періоду часу.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 175006881 series 1065359
And the strawberry pie is still on the menu. That hasn’t changed. But “this isn’t your grandma’s Shoney’s,” jokes Terri Harof, Director of Development for Shoney’s, now in its 70th year. The entire look of the restaurant has changed: they added a patio for outdoor eating, contemporized the décor and added a full bar. Years ago, 90 percent of customers chose Shoney’s buffet; now, Harof estimates it’s about a 50/50 split with customers ordering entrees from the menu. Shoney’s is nostalgic for many Americans and the company’s emphasis for franchise operations is on maintaining that feeling and continuing to create lasting memories. Free-standing full-service restaurants aren’t inexpensive to build. Occasionally, existing restaurants can be transferred, but buying a Shoney’s is always going to require a significant amount of capital. However, financing can be arranged and Harof has preferred vendors that are very enthusiastic about opening more Shoney’s locations. The company has an Item 19, has undergone an extreme makeover and is planning on selling 15 new franchises in 2017!
71 епізодів
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