Village Inn Restaurants
Yes, we actively support the inclusion and development of minority-owned franchises in the Village Inn Restaurants system.
Village Inn Restaurants
400 W. 48th Ave., P. O. Box 1601
Denver, CO 80216
800#: (800) 891-9978
Tel: (303) 296-2121
Fax: (303) 672-2212
E-mail: info@vicorpinc.com
Web Site: www.vicorpinc.com
Contact: Ms. Greta Hinshaw, Franchise Operations Coord.
Full-service, family style restaurants, offering a variety of menu items and bi-monthly features, emphasizing our breakfast heritage in all dayparts.
Franchisor Background
Established: 1958
First Franchise: 1961
Franchise Units: 104
Company-Owned Units: 122
Total Units: 226
Distribution:
> North America -- Operations in 21 States
> States/Provinces with Greatest Density: 48 in CO, 27 in FL, 21 AZ
Units Owned by Minorities:
>African-American:
>Hispanic: 4%
>Asian-American: 1%
>Native American:
>Other:
Average Number of Employees: 20 FT, 40 PT (FT = Full Time, PT = Part Time)
Space Needs: 4,400 SF; FS, SC, RM
(for abbreviations click here)
Financial Requirements
Cash Investment: $Varies
Total Investment: $577K-2.7MM
Average Total Investment: $1638K
Minimum Net Worth: $750K
Fees
>Franchise: $40K
>Average Franchise Fee: $40K
>Royalty: 4%
>Advertising: 2%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 15/20
Passive Ownership: Discouraged
Area Development Agreements:Yes/Varies
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: No
Cooperative Advertising: Yes
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 200
On-Going Support: C,d,E,F,G,h,I (for an explanation click here)
Training: Approximately 10-12 Weeks Denver, CO.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: Mid-Atlantic, NE, SE, SW
Note: NR = No Response by Franchisor.
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