New restaurant planned for Olde Main

This might be a deterrent to someone who has already proven they know how to put their own restaurant together:

A Monk’s Franchise and facility can cost between $1,000,000 and $4,000,000 to open including the Franchise fee, equipment, inventories, leasehold improvements, and the first three month’s operating capital.
I think that may be in the ball park. Definite negative if Whiskey River has a history of self directed success. Why bother.
 
They are different but with similar feel. They look at the surrounding city environment, community, needs, trends and long-term commitment. It is the management and creativity you franchise into. Their menu is very nice and the one drawback may be that they are medium high price.

Do you work for Monk's?
 
On a somewhat related note, how is Jethro's doing?

Jethro's isn't a franchise though. It is a locally own restaurant with multiple locations. There is no vacuum of local money flowing out of central Iowa economy out to some out of state corporate headquarters.
 
They are different but with similar feel. They look at the surrounding city environment, community, needs, trends and long-term commitment. It is the management and creativity you franchise into. Their menu is very nice and the one drawback may be that they are medium high price.

You can get a cheeseburger anywhere. People come to Monk's for the attitiude and the atmosphere
 
Jethro's isn't a franchise though. It is a locally own restaurant with multiple locations. There is no vacuum of local money flowing out of central Iowa economy out to some out of state corporate headquarters.
I realize that, but there are multiple locations though. That's why I said a somewhat related note. Just curious to know how they were doing. The last few times I have been in there it wasn't really busy.
 
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I realize that, but there are multiple locations though. That's why I said a somewhat related note. Just curious to know how they were doing. The last few times I have been in there it wasn't really busy.
According to the owner Jethros is doing just fine.
 
I think that may be in the ball park. Definite negative if Whiskey River has a history of self directed success. Why bother.

Yeah, I don't think that there would be any need to pay a franchise fee when they seem to know what they are doing already. Just visit a few places, steal a concept and put your own name on it.
 
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Yeah, I don't think that there would be any need to pay a franchise fee when they seem to know what they are doing already. Just visit a few places, steal a concept and put your own name on it.

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