Mugs 'N Jugs Sports Bar & Grill

At a Glance

Products & Services: Sports bar & grill

Number of Locations: 2

Total Investment: $635K - $935K

Founded: 2007

Began Franchising: 2012

Franchise Units

Year U.S. Canadian International Company Owned
2012 1 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $635,000 - $935,000
Franchise Fee: $35,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 10% off franchise fee
Financial Requirements
Net Worth: $1,000,000
Liquid Cash Available: $500,000
Operations
Number of employees needed to run franchised unit: 35 - 45. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 4 weeks. At franchisee's location: 1-2 weeks. At franchisee's location : 3 days annually.
Ongoing Support: Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Ad slicks, Regional advertising,

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