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Franchise Teakwoods Tavern & Grill

Investments

$207,500

Franchise fee

$35,000

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Short information

$207,500

$207,500

Investments

$150,000

$150,000

Minimum Cash

2

2

Wishing to buy

1995

1995

Year Brand Started

2

2

Offices

2014

2014

Year Franchising Started

Franchise Teakwoods Tavern & Grill

Investments

$207,500

Offices

2

Franchise Fee

35000

Short information

1995

Year Brand Started

2014

Year Franchising Started

About Franchise

Teakwood's Tavern and Grill is an Arizona based franchise with multiple locations in the greater Phoenix Metropolitan Area. Teakwood's began in 1998 and has grown into a regional chain, which frequently receives rave reviews. Our concept of a neighborhood tavern with a fun and intriguing ambiance is only the beginning. Our food is what truly sets us apart. Our menu has been crafted to not only offer the expected tavern favorites, but also unique and exciting culinary dishes that truly blow our guests away!

Our menu is simply amazing and we are proud to not only be a favorite local watering hole, but also a great family restaurant. In addition, one of the best aspects to the value proposition of our concept is our non-traditional store build-outs that allow us to take over existing spaces with substantially lower start up costs than typical free-standing or new build restaurants.

We have now decided to expand our business throughout the country through franchising. Franchising is a great way to be in business for yourself, but not by yourself. You are an independent business owner, but "affiliated" with us and other independent owners all under the same brand. Franchising works because it combines the skills of two parties, Teakwood's, the franchisor and you, the franchisee in a business operation that can be mutually profitable.

Franchise systems typically work with the franchisor providing an established, proven concept, brand name, the knowledge and support from our experience in operating these units. In return, the franchisee provides the capital to open the new units, and well-motivated management of the day-to-day operation of getting customers, keeping customers, and growing the local business.

Franchise Teakwoods Tavern & Grill

Real Estate

The first step in creating a successful restaurant is the identification of a site and construction of an appropriate facility. The Real Estate team we have selected to work with us has over 20 years of national commercial real estate experience with a primary focus in the restaurant industry and other single purpose tenants. 

Teakwoods Tavern & Grill is very deliberate about choosing locations, not only to maximize volume potential, but also to serve as a realistic cross-section of site possibilities for future expansion. Teakwoods Tavern & Grill are strategically positioned in established as well as developing neighborhoods with the flexibility to take over existing locations, new construction, as well as in-line opportunities. Once a site is approved by Teakwoods Tavern & Grill, our real estate group will assist you with lease negotiations and signing. They have an established a nationwide network of local real estate professionals to assist in the site evaluation process. The Real Estate Group carefully evaluates an extensive array of data, covering critical points that include:

  • Overall Market Development
  • Population
  • Traffic Patterns
  • Restaurant Visibility
  • Local Competition
  • Building Size and Cost

Project Management

As part of the Teakwoods Tavern & Grill program, we offer project management assistance of each of your franchise stores. That project assistance directs the development activities, including: tracking the progress of each phase, and provides a seamless flow from site selection through Grand Opening. 

Architecture

Teakwoods Tavern & Grills' theme and graphics are also a major part of the Company's success. Teakwoods Tavern & Grill has created a brightly lit, open and visually inviting environment. The overall ambiance is genuinely appealing to a broad cross-section of customers. Design and graphic elements have been developed to present a fun and casual family atmosphere that effectively unifies all elements of communication. 

Franchise Teakwoods Tavern & Grill

Construction

Once a potential site has been evaluated, our Project Manager consults with the franchisee through the entire site development and construction process. The manager offers assistance in selecting a contractor, negotiating pricing, monitoring the construction activities, and assuring that the high quality standards of Teakwoods Tavern & Grill are achieved. 

Marketing & Advertising 

Maintaining top-of-mind awareness is crucial to building sales. Marketing programs are designed to build loyalty at the neighborhood level by maximizing appeal to the local community through promotions, events and special features. A strategic synergy of mediums such as direct mail, print, cable advertising, and radio can be utilized as a means of creating awareness and stimulating visits. 

These advertising vehicles, however, are only intended to precipitate trial. The ongoing quality of the Teakwoods Tavern & Grill' product and experience is truly the most powerful marketing tool. As Teakwoods Tavern & Grill grows into a regional franchise system, the Company will support franchisee marketing needs through a combination of marketing resources to include creative and media advertising. 

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Finance Information

Investments: $207,500 – $467,000

Franchise fee: $35,000

Royalty fee: 5%

Minimum Cash: $150,000

Net Worth: $500,000

Training and Support

The success of your Teakwoods Tavern & Grill system is based upon a uniform set of standards and systems to include quality of product offering and customer service being delivered at all levels of operations from each franchised location. Training is a high priority and we have made a large commitment of time and resources to develop a complete curriculum. Every new franchisee and store managers participate in our comprehensive Teakwoods Tavern & Grill Training Program. This full-scale educational experience encompasses classroom study and in-store training in an approved training restaurant. Each franchisee learns how a store is operated in accordance with corporate standards for cleanliness, performance, quality of food, service and operational efficiency. 

This training program includes:

  • A comprehensive training in one of our corporate stores, including educational materials
  • Detailed Store Operations Manual
  • Detailed Equipment Manual
  • Pictorial Product Quality Guides
  • Testing programs for both management and Hourly Trainees
  • On-going training programs
  • Confidential manuals for operations, training and recipes

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Testimonials

The Wings!

Stopped in early evening for a quick bite. We were seated promptly and greeted just as quickly by our waiter. He went over the list of specials and took our drink order. Teakwoods offers a wide variety of beverages from soda to beer, wine & liquor. They had a special on Rolling Rock which brought back memories from good times years ago, so I had a couple of them. We tried the wings for an appetizer, and OMG, if knew they were this good, I may have had an additional serving for my main course. Th...ey come in a wide variety of flavors and temperatures, but we stuck with the traditional Buffalo style. For dinner we ordered a Philly Cheesesteak and the Tilapia fish dinner. The Philly was very good, but could have used some more onion, peppers and perhaps mushrooms. No complaint here, just a suggestion. The fish was very well done. It was prepared with a mixture of onions & peppers, served with a nice side of asparagus and cheesy mashed potatoes. If I would change any of that meal, it would be to make the potatoes as a Home Fried variety instead of mashed.
Service was great, the food equally as good and pricing was fair. It is a somewhat loud atmosphere, but what would you expect from a sports bar type place where they serve peanuts and let you throw the shells on the floor? I'll be back!
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Good Value

Local TGI Fridays style grill with burger style offerings (misses some of the higher end fare offered at TGIF).
Service is great, food is good, and the place is oftened packed due to Groypon discounts which makes this a great value place to eat.

Great Sports Pub

We found Teakwoods on Groupon and got a hell of a deal. Two rounds of drinks, appetizer, two entrees for $14 after the Groupon.

* Make sure you grab a bucket and grab some peanuts before your meal. They're free and you can throw your shells on the ground which is fun!!

Our server was very nice and accommodating to our weird food requests. Bar was on top of the drink orders and the kitchen got the food to us in a hurry (and it was fresh and hot!)

Why not 5 stars? Well, one of our burgers... (both ordered medium well) was given to us undercooked (medium if not medium rare) and one was delivered over cooked (well). We aren't picky eaters and were hungry so we dug in. The burgers had great flavor, the fries were awesome and the nachos we ordered for an appetizer was a pile of DELICIOUS seasoned steak, melted cheese, jalapeños and tomatoes! It was incredible.

All in all, a great visit. We'll definitely be back and I will update my review accordingly. Highly recommended!
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Great place for meeting up with friends

I wanted to meet up with some friends when I was back in Arizona, so we picked Teakwood's. I had a great salad, one friend had wings and the other friend had a salad. We all had some leftovers to take home! The food is delicious,they make a killer Arnold Palmer and their salads are always fresh. Plus any game you want to see is probably on their TVs!

THE best wings in Arizona!!!

THE best wings in Arizona!!!
If you want to find a neighborhood joint that has great food and TV's for all of games, then this is the place!

The wings are the best around (ask to have them grilled) and the bottomless peanuts on the tables will fill you up before the large portions of food arrive!

By far the Turkey Sueben with tots is the best!!!

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Training

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Business Type

Franchise

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