Long John Silver’s Franchise Opportunities
Long John Silver’s franchise chain specializes in serving fresh and delicious seafood as well as chicken, combos, bowls, and sides. Long John Silver’s restaurant franchise provides fine opportunities to bring the joy of the sea to everyone on land and benefit from it. The idea to open a Long John Silver’s seafood restaurant franchise came in 1969. And since then the chain has been attracting new visitors due to a high speed of service, affordable prices, quality seafood for sale and high requirements for customer satisfaction. If you`d like to know how to start a Long John Silver’s franchise, read the investment information, including Long John Silver’s franchise fees, cost and profit details.
How to open a Long John Silver’s franchise?
- Ensure you have adequate capitalization.
In order to open a Long John Silver’s seafood restaurant franchise, you must have a net worth of more than $500,000. - 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 Long John Silver’s QSR franchise owner. - Assess market availability.
You will want to look at the market availability for Long John Silver’s 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 Long John Silver’s 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 Long John Silver’s 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.
How much does Long John Silver’s franchise cost?
Long John Silver’s has the franchise fee of up to $20,000, with a total initial investment range of $109,250 to $1,612,500.
Initial Investment: $109,250 - $1,612,500
Net-worth Requirement: $500,000
Ongoing Fees
Initial Franchise Fee: $10,000 - $20,000
Initial Investment and Startup Costs
| Name of Fee | Low | High |
|---|---|---|
| Real Estate | Varies | |
| Construction Costs | $20,000 | $900,000 |
| Furniture, Fixtures & Equipment | $35,000 | $300,000 |
| Signage/Awnings | $15,000 | $75,000 |
| Computer Equipment | $6,500 | $28,000 |
| Initial Franchise Fee | $10,000 | $20,000 |
| Training Expenses | $6,000 | $25,000 |
| Start-Up Inventory | $3,000 | $20,000 |
| Pre-Opening and Opening Advertising Fee | $0 | $12,000 |
| Security Deposit, Utilities Deposits, Licenses and Other Prepaid Expenses | $3,000 | $30,000 |
| Support Services Agreement One-Time Charge | $750 | $2,500 |
| Additional Funds - 3 month | $10,000 | $200,000 |
| ESTIMATED TOTAL* (excluding real estate costs) | $109,250 | $1,612,500 |
Long John Silver’s Franchise Info: https://www.ljsilvers.com/franchising/
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Starting investments from:$109,250
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Company type:Restaurant
- Company foundation year:1969
- Year of launching the franchise:1969
- Franchise enterprises:900
- Corporate Address:Louisville, Kentucky
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