Staks Pancakes
Breakfast and lunch
- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$527K - $949K
- Units as of 2021
-
2 0.0% over 3 years
Staks Pancakes is a fast-casual restaurant franchise offering a whole range of breakfast and other foodie delights, from specialty pancakes, toast, cinnamon rolls, flavored bacon, omelets, and more. The brand aims to be a comfort food go-to kitchen where people can satisfy their appetites as though they were home.
The founders created the concept as they realized that their hometown of Memphis, Tennessee needed more breakfast options. They craved for a place that they could raid on Saturday mornings if they hadn’t cooked their own custom pancakes yet.
The first Staks Pancakes opened in 2015. They began franchising the concept in 2021 and are actively seeking to expand their reach.
Why You May Want To Start a Staks Pancakes Franchise
Opening a Staks Pancakes franchise may require little prior business experience, but new franchisees will be trained for a few months on the job as a requirement. If you enjoy working in a fun, casual, and appetite-indulging environment, you may make a good franchisee. Staks Pancakes also values commitment to high performance and excellent customer service.
Staks Pancakes franchisees may benefit from the brand power of an established restaurant chain that operates on a convenient turnkey system. The franchisor may also offer extensive support, from the office to the field, including payroll, accounting, and marketing.
What Might Make a Staks Pancakes Franchise a Good Choice?
Staks Pancakes may stand out with its unique and extensive menu that has found a following including kids, moms and dads, retirees, and everyone in-between. Besides its attractive food concepts, Staks Pancakes offers all fresh, all-local, all-organic ingredients, which may expand their customer base even more to accommodate people with sensitive diet requirements.
Opening a Staks Pancakes franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
Staks Pancakes has partnered with third-party financial lenders that may help cover the costs of the franchise fee, startup, equipment, inventory, accounts receivable, and payroll.
How To Open a Staks Pancakes Franchise
As you decide if opening a Staks Pancakes franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Staks Pancakes franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
To be part of the Staks Pancakes 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.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Staks Pancakes franchising team questions.
Company Overview
About Staks Pancakes
- Industry
- Food
- Related Categories
- Miscellaneous Quick-Service Restaurants, Breakfast/Brunch Restaurants, Food: Quick Service
- Founded
- 2015
- Leadership
- Brice Bailey, CEO
- Corporate Address
-
3491 Windgarden Cove
Memphis, TN 38125
Business Overview
- Franchising Since
- 2021 (2023-2021 years)
- Where seeking
-
This company is offering new franchisees throughout the US.
This company is offering new franchisees worldwide.
- # of Units
- 2 (as of 2021)
Information for Franchisees
Here's what you need to know if you're interested in opening a Staks Pancakes 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
- $35,000
- Initial Investment
- $526,600 - $949,000
- Net Worth Requirement
- $35,000
- Cash Requirement
- $35,000
- Royalty Fee
- 5%
- Ad Royalty Fee
- to 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
- Staks Pancakes 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
- 125.5 hours
- Classroom Training
- 27.5 hours
- Ongoing Support
-
Grand OpeningSite Selection
- Marketing Support
-
Social Media
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- Yes
Interested in ownership opportunities like Staks Pancakes? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Staks Pancakes landed on this year's Franchise 500 Ranking versus previous years.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Staks Pancakes.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
How to Harness the Power and Money of a Crowd Through Crowdfunding
You don't have to be rich, succumb to ever-growing interest rates, run the risk of your bank collapsing or use your house as collateral to build a franchise. All you have to do is find the right crowd.
Woman Ties the Knot at White Castle Almost 30 Years After the Chain Gave Her Free Food as a Homeless Teen
Jamie West was just 12 years old when she ran away from the foster care system.
Franchise Ownership Made Easy: Best Practices for Managing and Growing Your Business
Using these tips, you can maximize the benefits of franchise ownership and take your business to the next level.
Florida Burger King to Pay $8 Million to Customer Who Slipped and Fell in Restaurant Bathroom
The case marks one of the largest slip-and-fall verdicts in Florida's history.
6 Things to Consider When Getting Out of a Franchise Agreement
Want to get out of your franchise agreement? Here are six things to consider
7 Essential Questions to Ask Yourself Before Starting a Franchise
Starting a franchise requires a hard look in the mirror to decide if you really have the makeup to become an entrepreneur. Start by reflecting on yourself and your goals with these questions.
