- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$222K - $402K
- Units as of 2018
-
1
Company Overview
About Sriracha House
Business Overview
Franchising Since | 2017 (7 years) |
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# of employees at HQ | 10 |
# of Units | 1 (as of 2018) |
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Information for Franchisees
Here's what you need to know if you're interested in opening a Sriracha House 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
|
$30,000 |
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Initial Investment
|
$222,250 - $402,000 |
Royalty Fee
|
5% |
Ad Royalty Fee
|
1% |
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 | Sriracha House 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 | 122-142 hours |
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Classroom Training | 20-23 hours |
Ongoing Support |
Meetings & Conventions
Grand Opening
Security & Safety Procedures
|
Marketing Support |
Ad Templates
National Media
Regional Advertising
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
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Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
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Yes |
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