Some data
The Canadian restaurant business is an industry that generates some 60 billion dollars per year. The recession was the major reason revenue dropped in 2009, and in spite of this, the industry expects a growth as early as 2010*.
Commensal is in the category of restaurants with reduced service. This category traditionally withstands economic hardship better because consumers will still visit restaurants, but spend less than they would in restaurants with service. Indeed, the category has only seen a 1.8% decrease in relation to the category of restaurants with full service.
According to the Canadian Restaurant and Foodservices Association, restaurants with reduced service remain the most profitable category in the industry.
Restaurant chains receive a larger share of the money spent and the number of customers. The chains get 65% of the customers in the Canadian restaurant business, as well as 52% of the revenue.
These facts tend to show the power and security provided by a banner and a brand to guarantee a constant flow of customers.
Commensal
Commensal is a chain that is in full growth. The average sales per unit are over $1,250.000.
We serve approximately 775,000 guests per year.
The evolution in sales since 2006
Sales – Commensal network
Source : Canadienne Restaurant and Foodservices Association
Through the years, we have earned the following awards and certifications:
Finalist for the Maillon d’Or Award, given by Les Pros de la Resto in 2007, 2008 in the “Salad meals and healthy menu“ category
Basic data necessary to establish a Commensal franchise:
Franchise contract:
10 years plus 2 five-year options
Initial Entry fee: $50,000
Rights for option renewal: $5,000
Royalties: 4%
Advertising: 3%
Real estate:
Required surface: 5,000 sq. feet, 10-year lease; 2 five-year options
The rent represents approximately 8 to 10% of the sales at the break-even point
Total investment:
Approximately $1,100,000
Required cash (excluding sales taxes):
35% to 50%
Working capital:
$50,000