Are you thinking of starting a cheap restaurant franchise and you are looking to cheap restaurant franchise opportunities to consider?
If you have got love for starting a restaurant but you don’t have the budget, then you can consider becoming a franchisee to any cheap but successful franchise company. Here are top cheap franchise opportunities for your consideration:
Founded in 1988, this company has been into the franchising business for28 years now. The name of its CEO is Heather Neary, and its corporate address is at 48-50 W. Chestnut St., #200 Lancaster, PA 17603. The company started with Anne Beiler who spent a major portion of her life as a baker.
But while doing her usual baking at a farmer’s market, she was shocked to find out that pretzels sold more than every other item in the menu, and she did what most rational entrepreneurs would do. She focused on hand-rolled pretzels and got herself a stand, and that came to be Auntie Anne’s stand.
How Much Does Auntie Anne’s Hand-Rolled Soft Pretzels Franchise Cost
You would need about $199, 475-%380, 100 worth of investment capital to start off this franchise. You also need a liquid cash of $80, 000.
Auntie Anne’s Hand-Rolled Soft Pretzels Franchise Fee
Franchisee would be required to pay a fee of $30, 000 to register interest. Provisions are made for third parties who largely subsidize these costs. Veterans also get the advantage of $10, 000 off.
Auntie Anne’s Hand-Rolled Soft Pretzels Franchise Trainings and Supports
Franchisees are entitled to 4 days onsite training, and about a week training at the headquarters. You also get aids in form of newsletters, advertisements, meetings, toll-free lines, internet, security, and others.
How to Join Auntie Anne’s Hand-Rolled Soft Pretzels Franchise?
Visit the site auntieannesfranchising.com and fill out the application form that would grant you access to the franchise information.
Boston’s restaurant and Sports bar was founded in 1963, but only started franchising 5 years later in 1968. So they are certain to have all the experience. The corporate address is at #450 Dallas, TX 75234, and the current CEO is Mark Pacinda.
How Much Does a Boston’s Restaurant and Sport Bar Franchise Cost
An investment cash of about $1.125 million to $2.9 million is required, and a liquid cash requirement of $500, 000 should also be available.
Boston’s Restaurant and Sport Bar Franchise Fee
The initial franchise fee that is required is $50, 000. The ongoing royalties and ad royalties are respectively $5 and $3. There are provisions made for franchisees as regards third party aids that cover a large portion of the cost.
Boston’s Restaurant and Sport Bar Franchise Training and Supports
As a franchisee, you get 30 days onsite training as well as 30 days training at the headquarters. You are also supported in terms of constant newsletters, meetings, toll-free calls, internet, security, national and regional advertisements, and others.
How to Own a Boston’s Restaurant and Sport Bar Franchise?
Get an internet enabled device and log on to the website www.ownabostons.com. You would be ushered into a beautiful web interface that ends in an application form that you simply have to fill out. Afterwards you wait for their response.
Boston’s Restaurant and Sport Bar Franchise Terms
The initial contract term is 10 years with (2) 5-year renewable choice.
Born from the idea of Bill Rosenberg who found Luncheon services in 1946, this company was founded in 1950 as the product of renaming the doughnut shop previously called The Open kettle. Currently the company is in over 30 countries and its CEO is Nigel Travis. It started franchising in 1955.
Dunkin’ Donuts serve coffee along with their doughnuts, sandwiches, along with other baked items graze the menu.
Financial requirements: To operate this franchise, you would need an investment capital of between $228, 621 to $1.7 million, but you should have a net-worth of $250, 000. Liquid cash required is $125, 000.
Dunkin’ Donuts Franchise Fee
$40, 000 – $90, 000 is the cost of the initial franchise fee, although veterans get as much as 20% off. The ongoing and ad royalties are put at 5.9% and 2-6% respectively.
Dunkin’ Donuts Franchise Training and Supports
Franchisees get a 30 days training at the headquarters. They also get to receive newsletters, attend meetings, access to a toll-free line, internet, security, regional and national media access, etc.
How to Own a Dunkin’ Donuts Franchise?
In order to become a Dunkin’ Donuts franchisee, you would have to follow a series of steps that start by visiting the website dunkinfranchising.com. There you are met with a platform to apply after answering a number of questions you would find on the site.
This company developed from a simple entrepreneurial experiment J. F. McCullough and his son conducted in 1940. They tried out soft fresh served ice creams on their customers, and their result so overwhelmed them that Dairy Queen emerged as a consequence.
Although the group now own plenty franchises since they started franchising in 1944, they also deal on hot foods such as hamburgers, hot dogs, and chicken strips.
This Grill and Chill Company is based in Minneapolis, and its current CEO is John Gainor. The company offer drinks and smoothies in addition to their menu.
Dairy Queen Franchise Startup Cost
The investment capital required is between $361, 450 and $1, 835, 825. Prospective franchisee should also have a net-worth of $750, 000. The liquid cash requirement is $400, 000.
Dairy Queen Franchise Fee
Initial franchise fee is $25, 000 to $35, 000. The perpetual royalties that franchisees are expected to pay are the ongoing royalty at 4% and ad royalty at 5-6%. DQ franchise is designed to cater for franchisee in terms of third–party financing which covers many expenses.
Dairy Queen Franchise Training and Support
The franchisee gets 33 days onsite training, and additional training at DQ stores that he can access. Support also comes in forms of newsletter, internet, security, toll-free line, and regional and national media.
How to Join Dairy Queen Franchise?
You would have to access the site www.diaryqueen.com. Afterwards, make your request known by filling out a franchise request form. Then wait for their response on any further steps.
Initially established in 1999 in Montana, this Grill giant were only to commence franchising activities 3 years later in 2002. With a menu that feature delicacies and appetizers, soups and salads, as well as sauces and desserts.
The current CEO is Andy Vap. Customers who come to HuHot never leave feeling treated below their expectations as the wonder chefs are always available to do the vegetables, seafood, or whatever in front of the customer who selected them.
How Much Does HuHot Mongolian Grills Franchise Cost
An initial investment of around $782, 000 to $982, 000 is required from franchise beginners. Liquid cash requirement is placed at between $300, 000 and $500, 000.
HuHot Mongolian Grills Franchise Fee
$40, 000 is the accepted franchise fee. Franchisees also maintain the payment of ongoing royalties as well as ad royalties which are respectively 5% and 0.5%. Again, this franchise can be subsidized by third parties as this provision is made available by the company.
HuHot Mongolian Grills Franchise Training and Support
Onsite training lasts for 14 to 17 days; while training at the headquarters last for 10 to 15 days. You also get support in form of newsletters, meetings, security, internet, regional and national media, etc.
How to Join HuHot Mongolian Grills Franchise?
Once you log on to huhotfranchise.com/application/ you would instantly be greeted with a direct application form that have to fill out. In the form, you would have to answer a number of questions like if you would own the franchise alone, if you have ever owned a franchise, if you have ever been to HuHot, your current occupation, etc.
Once you complete a successful application, you would move on to be interviewed by the Chief Brand Officer. Then you get to review the FDD, and then proceed to sign the Franchise agreement after attending the discovery day in Denver where you get to meet the HuHot team.
HuHot Mongolian Grills Franchise Agreement
You can easily access the full terms of the franchise at freefranchisedocs.com/huhot-mongolian-grills-Franchise-Agreement.php
Of all these low cost restaurant franchises, you can choose a franchise that you feel is suitable for you in terms of the menu they offer, nature of the company, and very importantly for this article, the cost of operation of the franchise.