Sriracha House

Asian fusion food
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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$222K - $402K
Units as of 2018
1 Decrease

Company Overview

About Sriracha House

Founded 2013
Leadership Emilio Benzadon, CEO
Corporate Address 1502 Washington Ave.
Miami Beach, FL 33139
Social Facebook, Twitter

Business Overview

Franchising Since 2017 (7 years)
# of employees at HQ 10
# of Units 1 (as of 2018)

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 Information Circle
$30,000
Initial Investment Information Circle
$222,250 - $402,000
Royalty Fee Information Circle
5%
Ad Royalty Fee Information Circle
1%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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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

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
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
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
Yes
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022