Financial

As with any expanding franchise system, we have many interested parties inquiring about buying a franchise. To measure a candidate’s qualifications, we have established the following requirements:

  • Required liquid assets: Minimum of $350,000 per restaurant.
  • Required net worth per restaurant of $1.0 million.
  • Total Estimated Initial Investment $650,000 to $2,250,000
  • No more than 80% of the start-up costs be leveraged; 20% of any single store’s start-up costs must be in liquid assets.

Operational Excellence

Each franchise group must have a person with multi-unit restaurant management experience with alcohol. If you do not personally have this background and experience, you will be required to have what we call an “Operating Partner.” Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required.

Site Guidelines

Location

  • Freestanding pad-site locations, on hard corner
  • End caps
  • 4,000 – 7,000 sq. ft., 5 parking places per 100 square feet
  • Excellent signage and visibility
  • Excellent site ingress and egress with traffic signal
  • Seven-day-per-week liquor sales

Trade Area

  • Minimum 40,000 population, 80% or greater between the ages of 20 and 50 within the trade area, $30,000 or greater median household income within the trade area
  • Minimum daytime/lunch population of 10,000

Traffic Generators

  • Lifestyle or power centers with “big box” anchors: Old Navy, Petsmart, Kohl’s, Home Depot, Lowe’s, etc.
  • National casual dining brands in a contiguous restaurant corridor
  • Super Wal-Mart, Super Target
  • Regional, super-regional malls
  • Colleges, universities
  • Healthcare corridors
  • Movie Theaters (Stadium Seating – First Runs)

Traffic

  • Minimum daily traffic count in front of site – 25,000
  • Minimum daily traffic count on adjacent side street – 10,000
  • P.M. traffic side, far side of light

Each franchise group must have a person with multi-unit restaurant management experience with alcohol. If you do not personally have this background and experience, you will be required to have what we call an “Operating Partner.” Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required. Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management in the casual dining environment that included alcohol.