This fee is applied to the franchise fee payable which is due on or before the start of construction of each site developed under the development agreement. This fee is applied to the franchise fee payable which is due on or before the start of construction of each site developed under the development agreement. Yes, your business, like any other, can be sold to any buyer approved by Damon's. In addition, the financial requirements for a new Damon's facility are shown in the Uniform Franchise Offering Circular. In addition, the financial requirements for a new Damon's facility are shown in the Uniform Franchise Offering Circular.
Equipment financing is generally for a period of five to seven years at prevailing interest rates.
We will also be available to assist you in lease negotiations with your landlord if you so desire. Several Damon's locations have been converted from existing restaurants for less cost. The variation will obviously depend upon the location selected. We are very much involved in site analysis with you. Whether a new facility or an existing restaurant, we work hand in hand with you to pick the best available site.