- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$222K - $409K
- Units as of 2024
-
71 3,450.0% over 3 years
Company Overview
About Nautical Bowls
Industry | Food |
---|---|
Related Categories | Acai Bowls, Food: Quick Service, Desserts |
Founded | 2018 |
Parent Company | Nautical Bowls Franchising LLC |
Leadership | Bryant Amundson, CEO |
Corporate Address |
3432 County Rd. 101 Minnetonka, MN 55345 |
Social | Facebook, Instagram, YouTube |
Business Overview
Franchising Since | 2020 (5 years) |
---|---|
# of employees at HQ | 4 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Australia/New Zealand, Canada |
# of Units | 71 (as of 2024) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Nautical Bowls 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
|
$39,500 |
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Initial Investment
|
$222,250 - $409,350 |
Net Worth Requirement
|
$250,000 - $1,000,000,000 |
Cash Requirement
|
$150,000 - $1,000,000,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
6% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
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 | Nautical Bowls has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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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 | 8-13 hours |
---|---|
Classroom Training | 10-14 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
National Media
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
Yes |
Additional Rankings
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