Austin Grill
Tex-Mex restaurantBackground
Founded: 1988 Franchising since: 2007
Franchisor is a privately-held company with 8 employee(s); 8 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Exclusive territories available.
|
505 Huntmar Park Dr., #350 Herndon, Virginia 20170 |
Phone: (703)230-5560 |
Franchisor is a privately-held company with 8 employee(s); 8 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2008 | 0 | 0 | 0 | 7 |
| 2007 | 0 | 0 | 0 | 6 |
| 2006 | 0 | 0 | 0 | 6 |
| 2005 | 0 | 0 | 0 | 6 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Exclusive territories available.
Costs and Fees
|
Total investment: $882K-2.8M Franchise fee: $50K |
Ongoing royalty fee: 5% Term of agreement: 15 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | Yes |
| Startup Costs | Yes | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Qualifications
Net worth requirement: $1M
Cash liquidity requirement: $500K
Business Experience:
- General business experience
- Restaurant experience/willing to hire experienced operator
Operations
- Number of employees needed to run franchised unit: 70 - 75
- Absentee ownership of franchise is NOT allowed.
Training and Support
Training
Ongoing Support
Marketing Support
- Available at headquarters: 10 weeks
- At franchisee's location: 10 days at opening
- At an existing restaurant
Ongoing Support
- Grand opening
- Field operations/evaluations
Marketing Support
- Co-op advertising