Teakwoods Tavern is the kind of place where you can hang out with friends and watch the game, grab a quick lunch with friends from work, or enjoy a relaxed meal with your family. You can even swing by for breakfast. The franchise likes to place Teakwoods Taverns in small shopping centers, a move which reinforces the feeling of a neighborhood bar and grill.
It also reduces the initial investment and build-out time. Teakwoods Taverns’ layouts are designed to embrace existing restaurant locations, while still providing memorable decor. This keep the minimum cash investment at $150,000 and the total investment between $199,000 and $409,700.
Net worth required is $500,000 per location. “Owning a piece of the moose” is affordable as a full-time franchise business for fully involved owners.
The franchisor helps new franchisees analyze traffic patterns, community demographics, and other important factors in order to choose a successful location. There are currently two Teakwoods Taverns locations in Arizona with almost a decade of success under their belt, and the company is ready to extend to franchises in Arizona, Nevada, New Mexico, and Colorado. This methodical plan for expansion protects franchisees, but franchisees are still definitely getting in on the ground floor.
Teakwoods has a sports bar vibe, with dozens of TV screens and lots of beer choices, including local craft beers. Still, families are welcome. There’s an extensive children’s menu with healthy sides like steamed broccoli and raw carrots with Ranch dressing, so parents can feel good about bringing kids to Teakwoods.
In fact, fresh, delicious food is a cornerstone of the Teakwoods experience. Fresh ingredients — sourced with a great national buying program and centralized distribution system — are delivered every day. The sauces and recipes are unique, created by Teakwoods Tavern chefs and cooked fresh on the premises within hours of serving. What’s more, the chefs continue to create new specialties. Teakwoods Taverns have the advantage of a clearly focused menu that stays fresh and fun.
As consumers increasingly prefer fresh, healthy foods, Teakwoods Taverns keep up with their demands. There’s a balance, though — foot-long hot dogs, award-winning wings, burgers, and fries are still the mainstays of the menu.
Teakwoods looks for franchisees with a strong business background who are prepared to hire managers with restaurant experience. Beyond that, franchisees can count on complete training. Franchisees can expect training at the corporate offices and on-site, as well as ongoing support from an assigned Operations Manager who assists with everything from real estate selection to strategic planning. They’ll even brainstorm new ideas with franchisees.
Another advantage for Teakwoods Taverns franchisees is the highly efficient kitchen and back of house workflow system. Franchisees start out with a proven system that leads to success. Regional marketing, including an up to date website with location information and strong social media support, meshes with local marketing support and initiatives. New locations will be provided with a Grand Opening package, ready to print, and support in developing ongoing marketing plans. A quarterly marketing calendar helps franchisees stay on track.