Farmer Boys Franchise Opportunities
Farmer Boys franchise is a chain of grill restaurants which serve farm fresh salads, burgers, sandwiches, kids meals and refreshing drinks. The company was founded in 1981, and for 30 years of being on the market they figured out the most delicious and popular menu ever. The brand released their first Farmer Boys restaurant franchise for sale in 1997, and the chain has quickly grown to 65 units. Becoming their franchisee, an entrepreneur receives expert training from Farmer Boys team, constant consultations, access to well-established marketing and advertising, discounts from suppliers; and constant research and development support.
How to open a Farmer Boys franchise?
- Ensure you have adequate capitalization.
In order to open the Farmer Boys restaurant franchise, you must have a net worth of $800,000. - Appreciate the investment required for a restaurant franchise.
You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc. - Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a Farmer Boys restaurant franchise owner. - Assess market availability.
You will want to look at the market availability for Farmer Boys franchises and see if there are available markets in your location of interest before proceeding with the franchising application. - Submit your application.
Your application will be reviewed by the Farmer Boys franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner. - Receive approval & opening your Farmer Boys franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
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How much does the Farmer Boys franchise cost?
Farmer Boys has a franchise fee of up to $45,000, with a total initial investment range of $1,042,500 to $2,486,500.
Net-worth Requirement: $800,000 - $1,000,000
Liquid Cash Requirement: $300,000 - $500,000
Farmer Boys Initial Investment
Initial Investment: $1,042,500 - $2,486,500.
Ongoing Fees
Initial Franchise Fee: $45,000
Ongoing Royalty Fee: 5%
Ad Royalty Fee: 3%
Support Options
On-The-Job Training: 473 hours
Classroom Training: 67 hours
Farmer Boys website: www.farmerboys.com
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