- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$817K - $986K
- Units as of 2016
-
22
Company Overview
About Symposium Cafe
Industry | Food |
---|---|
Related Categories | Miscellaneous Full-Service Restaurants |
Founded | 1996 |
Leadership | Bill Argo, CEO |
Corporate Address |
6021 Yonge St., #475 Toronto, ON M2M 3W2 |
Social | Facebook, Twitter |
Business Overview
Franchising Since | 2004 (20 years) |
---|---|
# of employees at HQ | 9 |
Where seeking |
This company is offering new franchises worldwide. This company is offering new franchises in the following US states: |
# of Units | 22 (as of 2016) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Symposium Cafe 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
|
$50,000 |
---|---|
Initial Investment
|
$816,500 - $985,500 |
Net Worth Requirement
|
$1,000,000 |
Cash Requirement
|
$750,000 |
Royalty Fee
|
5% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Classroom Training | 3 months |
---|---|
Ongoing Support |
Grand Opening
Online Support
Lease Negotiation
Field Operations
|
Marketing Support |
Co-op Advertising
Regional Advertising
|
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 |
# of employees required to run | 25-30 |
Are exclusive territories available?
|
No |
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