Questions and Answers with the Tilted Kilt Franchise
What sets the Titled Kilt apart from other sports bar franchises?
Great Menu; 24 or more beers on tap in every pub; Huge Audio Visual Package
Can you tell us about the business model for a Tilted Kilt franchise? How do your franchisees make money?
Utilizing proven Tilted Kilt operating system.
50/50 liquor to food menu mix.
What is the current state of the sports bar sector within the larger restaurant category?
One of the fastest growing segments in the restaurant catagory.
Can you describe the primary target customer for Tilted Kilt? How are your franchisees reaching out to this target customer?
Average age of our guests is 37 years old.
Median household income 70K and above.
What are the most important things a prospective franchisee or employee should know or be prepared for when entering the sports bar industry?
Highly competitive and complex business to operate.
How do you keep ahead of the curve when it comes to competitors?
Top flight operations and marketing with multi-level support both from corporate support and Area Developer support.
Where do you see the Tilted Kilt going in the next five years?
250 to 300 pubs across North America.
Strong growth internationally.
Are there any changes you foresee in your industry?
Government regulations including health care and minimum wage laws.
Craft Beer rapidly growing part of the business.
What are some common characteristics of your top performing franchises?
Strong Management in the day to day operations.
Strong local marketing efforts by franchisee.
What kind of training and support can your franchisees expect to receive?
Multi-level support from both corporate field staff and area developers in each state.
Full training to open the pub included in the franchise fee.
What kind of work background or skills set are you looking for in a franchisee?
Highly capitalized and franchise and restaurant background.
What are your growth plans for the Tilted Kilt? Which geographic markets are you targeting for expansion?
Northern California, Northwest states, Southern Florida, Northeast from DC to Boston.
What type of area development opportunities are available?
Is there anything else you wish to share about the Tilted Kilt?
World Class Entertainers which are our Tilted Kilt Girls.
Finance to Franchise: Woodhouse Day Spa Franchisee Alla Shapiro
AS: The finance background is helpful but absolutely not necessary in opening the franchise. It was helpful that I knew how to read the financial statements, but it is not a skill that cannot be learned quickly. In retrospect, any experience that one has is helpful in opening and running your own business. You are faced with so many different challenges on daily basis, therefore the more experience you have with Marketing, Operations and Finance, the more tools you have to solve these problems the best possible way.
Franchise Marketing Fund Disclosure: A Cold Stone Creamery Case Study
In the Cold Stone case, the franchisees are also seeking information relating the pricing of the supplies on which the franchisor is receiving the vendor rebates. If it turns out that the prices that vendors charge franchisees are artificially inflated in order to allow for payment of these “kickbacks” to the franchisor, then the franchisees no doubt will assert additional claims in their lawsuit against Kahala. Such claims may include fraud for inadequate or misleading disclosures in the Cold Stone FDD (if in fact information was withheld – at this point, we don’t know who is right or wrong).
WAYBACK BURGERS ANNOUNCES MASTER FRANCHISE PARTNER TO LEAD INTERNATIONAL EXPANSION INTO CANADA
As part of the partnership, Wance and Malik Corp.will open a minimum of ten Wayback Burgers restaurants in Alberta, with the first location slated to open during summer 2016. Beginning as a single burger restaurant in 1991 in Newark, DE, Wayback Burgers has experienced rapid growth due to strong and growing demand for the brand domestically and around the world. Wayback Burgers currently has more than 135 locations slated to be open by the end of 2016 with another 350 stores in development worldwide.