Ruby Tuesday Franchise for Sale - Casual Dining Restaurant
Ruby Tuesday Franchise Opportunities
Ruby Tuesday franchise is one of the oldest businesses in the casual dining chain. Ruby Tuesday suggests American cuisine, including pork ribs, pasta, soups, all-natural chicken, steak, and seafood. Since 1972, Ruby Tuesday has proved itself as a chief in restaurant technologies and innovations. This opens wide opportunities for potential franchisees. Owning a Ruby Tuesday restaurant franchise means a perfect combination of cost and profit. You'll find out how to open the Ruby Tuesday franchise by looking at the investment information, franchise fees, franchise requirements, and other information. Ruby Tuesday franchise is the right deal for sale.
How to open a Ruby Tuesday franchise?
- Ensure you have adequate capitalization.
In order to open the Ruby Tuesday casual dining restaurant franchise, you must have a net-worth of $900,000.
- 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 Ruby Tuesday franchise owner.
- Assess market availability.
You will want to look at the market availability for Ruby Tuesday 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 Ruby Tuesday 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 Ruby Tuesday 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 Ruby Tuesday franchise cost?
Ruby Tuesday has a franchise fee of $35,000, with a total initial investment range of $1,559,650 to $3,877,400.
Initial Investment: $1,559,650 - $3,877,400
Net-worth Requirement: $900,000
Initial Franchise Fee: $35,000
Ongoing Royalty Fee: 4% of gross sales
Ad Royalty Fee: 1.5% of gross sales
Ruby Tuesday Franchise Info: https://www.rubytuesday.com/franchise/home
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Starting investments from:$1,559,650
- Company foundation year:1972
- Year of launching the franchise:1997
- Franchise enterprises:55