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Franchise Cost Buying your own KFC franchise takes more than chicken feed. According to company documents, the cost to open a restaurant that is newly built ranges from $1.44 million to $3.16 million.
A franchise fee is a fee or charge that one party, the franchisee, pays another party, the franchisor, for the right to enter in a franchise agreement. Generally by paying the franchise fee a franchisee receives the rights to sell goods or services, under the franchisor's trademarks, as well as access to the franchisor's business processes.
Frisch's Restaurants, Inc., doing business as Frisch's Big Boy, is a regional Big Boy restaurant chain with headquarters in Cincinnati, Ohio. For many years a Big Boy franchisee, in 2001, Frisch's became the exclusive owner of the Big Boy trademark in Indiana, Kentucky, and most of Ohio and Tennessee, and is no longer affiliated with Big Boy Restaurant Group.
After Bob's, the four original franchisees (in order) were Frisch's, Eat'n Park, Shoney's (originally called "Parkette") and Elias Brothers, all clustered near the state of Ohio. All, including Bob's, remain in operation today, albeit Elias Brothers is simply known as Big Boy, and Eat'n Park and Shoney's dropped Big Boy affiliation in the 1970s ...
Last week, Party City announced it filed for bankruptcy protection and would close all of its more than 800 stores. Retail chains have cited high inflation and interest rates for struggling sales.
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