Johnny Rockets Group Inc.
At a Glance
Products & Services: 1940s-style hamburger malt shop
Number of Locations:
Total Investment: $641K - 920K
Founded: 1986
Began Franchising: 1987
Startup Costs, Ongoing Fees and Financing
Total Investment: $641,000 - $920,000
Franchise Fee: $49,000
Ongoing Royalty Fee: 5-7%
Term of Franchise Agreement: 10 years w/two 5-year options, renewable
Franchise Fee: $49,000
Ongoing Royalty Fee: 5-7%
Term of Franchise Agreement: 10 years w/two 5-year options, renewable
Financial Requirements
Net Worth: $1,000,000
Liquid Cash Available: $250,000 - $500,000
Operations
63% of all franchisees own more than one unit. Absentee ownership of franchise is NOT allowed..How This Franchise Supports Franchisees
Training: Available at headquarters.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,