Start a Corporate Caterers Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $149K - $228K

Units as of 2021: 24 0.0% over 3 years

Corporate Caterers was founded in 1997. The company specializes in breakfast and lunch catering exclusively for corporate clientele to ensure no evening or weekend commitments.

Corporate Caterers began franchising in 2007, and there are now more than 25 operations across the United States. Corporate Caterers is looking to expand to offer more businesses the opportunity to cater breakfast or lunch for their meetings or events.

There are various menus to choose from, including vegetarian options, dietary considerations, and weekly specials, all offered for a reasonable price. The individually packaged meals look professional and taste delicious, and each breakfast or lunch service includes delivery, setup, and cleanup, including boxed-up leftovers.

Customers may be able to easily order over the phone, online, or through the Corporate Caterers app.

Why You May Want to Start a Corporate Caterers Franchise

An ideal franchisee has strong interpersonal communication skills, a collaborative spirit, leadership skills, and a strong work ethic. If you are looking to operate your own business with minimal evenings, weekends, or social events, Corporate Caterers could be a perfect fit for you. Since Corporate Caterers exclusively caters to business functions, you'll probably only work with business professionals during regular business hours.

As a franchisee, you will have access to a proven business model without the hurdles, obstacles, and struggles that come with running a restaurant or special events catering service.

A Corporate Caterers franchise may take up less space to run than a traditional restaurant. There is no need for a dining room, high-end decor, or costly capital expenditures, potentially making the initial startup investment lower-cost than traditional restaurants.

What Might Make a Corporate Caterers Franchise a Good Choice?

With over 20 years of experience, Corporate Caterers' unique business model may have proven itself. As part of the Corporate Caterers team, you will be supported through the whole setup process and as you continue to run your franchise. You will have access to a unique operating system, proprietary software, in-depth training, and marketing support.

Upon startup, you will only need a few employees to operate. With these employees under your management, you may have more time to manage customer relations and retention.

How To Open a Corporate Caterers Franchise

To be part of the Corporate Caterers team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

A typical franchise agreement runs for ten years. Franchisees may be allowed to renew their agreement at the end of the term if they meet the Corporate Caterers requirements.

The process of opening your own Corporate Caterers franchise starts by filling out an information request form, including any questions you might have about the company, franchising, or the business model. Someone from Corporate Caterers may then reach out to you to respond to any questions you have and to walk you through the steps toward opening your own Corporate Caterers.

Company Overview

About Corporate Caterers

Industry	Food
Related Categories	Miscellaneous Food/Beverage Businesses, Party/Event Services, Miscellaneous Services
Founded	1997
Parent Company	Corporate Caterers Franchise LLC
Leadership	Greg Halton, CEO & President
Corporate Address	12105 S.W. 130th St., #204 Miami, FL 33186
Social	Facebook, Twitter, LinkedIn

Business Overview

Franchising Since	2007 (17 years)
# of employees at HQ	17
Where seeking	This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming This company is offering new franchises in the following international regions: Canada
# of Units	24 (as of 2021)

Information for Franchisees

Here's what you need to know if you're interested in opening a Corporate Caterers franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$49,500
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$149,000 - $227,800
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$250,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$75,000 - $225,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	10% off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	5%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	2%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	Corporate Caterers has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	80 hours
Classroom Training	40 hours
Ongoing Support	Purchasing Co-ops Newsletter Meetings & Conventions Toll-Free Line Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	7
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes