We have compiled a list of the most popular food franchises and the costs involved to open each one. The following 8 franchises are considered "most popular" based on the search volume we receive to our site.
1. McDonalds Franchise
You will need a minimum of $300,000 in non-borrowed, personal resources to be considered for a franchise. Most Owner/Operators enter the System by purchasing an existing restaurant directly from McDonald’s or from a McDonald's Owner/Operator.
A small number of new operators choose to purchase a new facility, but that requires an initial down payment of 40% as opposed to 25% for an existing restaurant. Intensive training addresses all aspects of operating a McDonald's restaurant. While McDonald’s does not offer financing, McDonald’s Owner/Operators have access to the company’s established lender relationships with some of the lowest lending rates in the industry.More Info:
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2. Dunkin Donuts Franchise
Dunkin Donuts requires you to have a net worth for 5 restaurants at a minimum of $1.5 million and $750,000 in cash reserves. Also, one single candidate must personally meet the financial qualifications. The start up fee is a tame $40,000 to $80,000 in contrast, and yes, if you want more units you have to expand at the rate of 5 at a time.More Info:
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3. Taco Bell Franchise
If you have a passion for operations-excellence and team building and you can commit to building at least 3 restaurants over 3 years Taco bell wants you. A stand-alone restaurant runs between $1,200,000 and $1,700,000, but these figures do not include the land or lease costs.
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4. Subway Franchise
The estimated total investment to open a Subway franchise in the United States is between $101,000 and $285,000. This includes the complete investment in setting up a Subway franchise, and also operating expenses for the first three months. After opening, franchisees pay a royalty fee, which is 8% of their overall gross sales.
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5. Pinkberry Franchise
The franchise fee is reportedly $40,000 but has not yet been verified. Start up costs will vary per location. Although Pinkberry won’t discuss sales, the silver lining declares one store could enjoy $250,000 a month on average based on 1500 customers a day. Idealistic? Maybe not in NY or CA. But what about Little Rock? Plan on the usual royalty structure for this newbie, a 5% royalty fee with another 2% for marketing.
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6. Wendy's Franchise
Wendy’s requires $500,000 in liquid assets with $1,000,000 net worth, which was a bit easier to achieve in last year’s economy. The total investment lies somewhere between $250,000 and $600,000 but if you want to buy a franchise you will have to wait. Wendy’s is not currently accepting applications for Domestic franchises although it appears International franchises andCanadian franchises are still available.
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7. Domino's Pizza Franchise
Franchisees at Domino’s Pizza fall into one of two categories: internal or external. Internalfranchisees have already worked within Domino’s as a General Manager for at least one year. External franchisees have not previously worked with Domino’s as a General Manager, but do bring outside business or other management experience to the table. For the first group thefranchise fee is $0 to $25,000 depending of the social segment (woman, minorities, veterans). For External franchisees, the fee is set at $25,000. Domino's Pizza offers a comprehensive training program covering store operations, marketing, finance, and human resources.
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8. Pizza Hut Franchise
If you have a budget of between $1.3 million to $3 million and a net worth of $1 million with $360,000 in liquid assets, you can be in business within a year. You must commit to building at least 3 restaurants over 3 years.
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