Bann Thai Restaurant

At a Glance

Products & Services: Thai fusion restaurant

Number of Locations: 1

Total Investment: $224K - $603K

Founded: 2010

Began Franchising: 2013

Franchise Units

Year U.S. Canadian International Company Owned
2013 0 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $224,000 - $603,000
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $200,000
Liquid Cash Available: $100,000
Operations
Number of employees needed to run franchised unit: 5. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 40 hours. At franchisee's location: 40 hours.
Ongoing Support: Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: Regional advertising,