An ideal franchise group or operator will…
- Have $250,000 liquidity with an overall $750,000 net worth.
- Have an entrepreneurial spirit, operations experience, and passion for the brand.
- Have at least one partner with a business background and one partner with substantial restaurant or retail management experience.
- Live in the area to be developed throughout the term of the franchise group’s existence and have prior management experience relative to the number of units to be developed.
- Multi-unit development (5+ plus) is preferred.
A personal financial statement and resume must be submitted for each member of the proposed franchise group. Resume must be submitted for the principal operator candidate.
Traditional investment ♦ $188,615 - $975,415
- $25,000 franchise fee
- 8% marketing fund fee (local & national)
- 5% royalty, net sales
Non-traditional investment ♦ $101,500 – $405,865
- $5,000 franchise fee
- 5% regular non-traditional royalty
- 6% small town non-traditional royalty
- 25% of traditional marketing fund fee (local & national). Such amount included in small town non-traditional royalty payment.