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Entrepreneur: Start & Grow Your Business

Franktitude

Hot dogs, salads, panini, wraps

Background

Founded: 2006 Franchising since: 2006
21 N.W. Miami Ct.
Miami, Florida 33128
Phone:
(305)371-9875


Franchisor is a privately-held company with 5 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 1 0 0 1
2008 -- -- -- --
2007 1 0 0 4
2006 0 0 0 1
2005 N/A N/A N/A N/A

Where Seeking Franchisees
Worldwide

Exclusive territories available.
Territory size: Varies

Costs and Fees

Total investment: $170.2K-325K
Franchise fee: $25K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable
Express/kiosk option available

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

Qualifications
Net worth requirement: $350K
Cash liquidity requirement: $125K
Business Experience:
  • General business experience
  • Restaurant experience helpful

Operations
  • Number of employees needed to run franchised unit: 5
  • Absentee ownership of franchise is allowed.

Training and Support

Training
  • Available at headquarters: 2 weeks+
  • At franchisee's location: 1 week+

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

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