Click to Print This Page
Entrepreneur: Start & Grow Your Business

Austin Grill

Tex-Mex restaurant

Background

Founded: 1988 Franchising since: 2007
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
  • 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