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Entrepreneur: Start & Grow Your Business

Rockin Baja Lobster

Baja-style Mexican seafood restaurant

Background

Founded: 1992 Franchising since: 2004
19712 MacArthurs Blvd., #210
Irvine, California 92612
Phone:
(949)719-3800


Franchisor is a privately-held company with 2 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2006 1 0 0 4
2005 0 0 0 5

Where Seeking Franchisees
In the U.S. Oregon, United states

Exclusive territories available.
Territory size: 10,000 people/1 mile radius

Costs and Fees

Total investment: $240.4K-1.2M
Franchise fee: $30K
Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Net worth requirement: $750K-1M
Cash liquidity requirement: $500K
Business Experience:
  • Industry experience
  • General business experience

Operations
  • 100% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 30 - 40
  • Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2 weeks

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Other marketing support
  • International