Food service and/or retail experience
Food service and/or retail experience
Multi-unit concept portfolio company
Proven track record of securing high quality real estate
Shared values
| CATEGORY | FRANCHISE TERMS |
|---|---|
| Up-front development fee per restaurant | US$10,000 per restaurant commitment |
| Franchise fee per restaurant | US$20.000 |
| Initial term | 10 years |
| Royalty | 5% |
| Brand fund | 1% |
| Local marketing minimun spend commitment | 4% |
| Investment | Non Drive Thru Low End Avg | High-End Avg | Large Venue/Drive Thru |
|---|---|---|---|
| Development fee per restaurant | US$10,000 | US$10,000 | US$10,000 |
| Initial Franchise Fee (10 year term) | US$20,000 | US$20,000 | US$20,000 |
| Kitchen Plans and Architectural | US$10,000 | US$20,000 | US$25,000 |
| Professional Services/Permits & Licensing | US$1,000 | US$3,000 | US$5,000 |
| Security Deposits | US$5,000 | US$5,000 | US$5,000 |
| Leasehold Improvements | US$312,000 | US$375,000 | US$565,000 |
| Site Improvements | - | - | US$275,000 |
| Furniture, Decor, Equipment and Smallwares | US$85,000 | US$125,000 | US$215,000 |
| Signage | US$15,000 | US$25,000 | US$35,000 |
| Menu Boards | US$3,000 | US$5,000 | US$30,000 |
| POS System | US$15,000 | US$15,000 | US$20,400 |
| Management Training | US$12,000 | US$15,000 | US$15,000 |
| Opening Inventory | US$5,000 | US$10,000 | US$12,000 |
| Restaurant/Launch Marketing Plan | US$10,000 | US$20,000 | US$20,000 |
| Pre-Opening Mock Operations | US$10,000 | US$15,000 | US$20,000 |
| Insurance (3 Months) | US$2,000 | US$3,000 | US$3,000 |
| Additional Funds (3 Months) | US$10,000 | US$20,000 | US$20,000 |
| Total (Excluding Real Estate Purshase and Lease Costs) | US$525,000 | US$686,000 | US$1,295,400 |
The cost data above is a summary of the experience of some of our franchisees in some of the countries we do business in. Your investment requirements may vary and could be lower or higher depending on the country and the supply chain for certain items. A more country-specific set of estimates will be provided to you during the franchise approval process.
