Georgia also continues to be a prime target for our brand's development as we aim to open
additional franchise locations across the state in cities, such as Cumberland and Kennesaw.»
The company operates 3,075 company - owned specialty stores in the United States, Canada, the United Kingdom, Ireland and Greater China, and its brands are sold in more than 800
additional franchised locations worldwide.
Not exact matches
Current franchisee criteria include at least $ 500,000 in liquid assets, a net worth of at least $ 1 million and $ 50,000 for the initial
franchise fee and $ 40,000 for each
additional location.
This means that as a franchisor, not only do you need far less capital with which to expand, but your risk is largely limited to the capital you invest in developing your
franchise company — an amount that is often less than the cost of opening one
additional company - owned
location.
Their
franchising acumen has seen the company nearly quadruple in size, with 365
locations in Canada, and an
additional 40 in the U.S. and Mexico.
The franchisor usually is willing to work with you and commercial property management to secure a
location, but those
locations have to be zoned for that type of
franchise, and there may be
additional costs that include operation licensing and permits.
The company provides opportunities for managers and other longtime employees to become
franchise owners, and encourages existing franchisees to take on
additional locations.
When a new
franchised location is ready to open, Billy Sims BBQ establishes all the tools and systems necessary to get it up and running, as well as any
additional assistance the franchisee may need, including accounting, marketing, graphic design and advertising.
The transaction included an
additional franchise agreement for a future
location in Indiana.
This year, Hooters plans to open at least 14 more corporate
locations in the U.S., and an
additional 20
franchise locations globally.
With three existing units in Memphis, Kingsport, and Johnson City, the company has announced plans to open seven
additional locations through
franchise partnerships over the next two years.
Driving that growth is a new «Lean and Mean Deal»
franchise incentive program, featuring a $ 35K
franchise fee for the initial restaurant and a $ 10K
franchise fee per
additional restaurant for a limited time on multi-unit agreements of three or more traditional
locations.
Among existing
franchise groups to sign new agreements are The Collier Group, who will be developing seven
additional Old Chicago
locations in South Carolina and Tennessee; The Johnson Group, who has plans to bring three restaurants to Wyoming and Montana; and The Nursariwala Group, who will be expanding their portfolio with six new
locations in Oklahoma, Missouri, Arkansas and Mississippi.
The company owns 49
locations and
franchises 136
additional units in 34 states, the Commonwealth of Puerto Rico and 1 Canadian Province.
Furthermore, the company signed more than 200
franchise agreements in 2014 and is on track to open an
additional 150
locations by the end of 2015.
If the territory is not exclusive, does the
franchise have the right of first refusal on
additional franchises established in nearby
locations?
This year, the company will grow in new and existing markets, opening its first
location in Virginia, with 19
additional franchise stores opening in Kansas, Florida, North Carolina, New Jersey, Nevada and Texas.
The project was conceived by McCarthy as a venture that may eventually spin off into
additional temporary
locations or
franchises.
As of 2012, it operated more than 100
franchises in Mexico with
additional locations in Hong Kong, Spain and the US.