Being one of the tax friendly states in the United States, Indiana provides a comfortable business climate with low cost of living and an economy which has witnessed steady growth, businesses located within the state are sure to experience steady growth.
Franchise For Sale, Low Cost Franchise Under 10k, Best Value Food and Restaurant Franchises
1. Huddle House
Providing quality restaurant services to travellers, the Huddle House franchise provides round-the-clock restaurant services to its clients who are mostly travellers. With Sentinal Capital Partners LLC as its parent company, Huddle House was founded in 1968, with Micheal Abt as its current CEO. It began franchising in 1966 and coordinates its operations out of its corporate headquarters located in Atlanta, Georgia.
Huddle House Financial Requirements
The financial requirements set by Huddle House for new franchisees consist of an Initial Investment to the tune of $404,180 to $1,485,310, a Net-Worth requirement of $600,000 and a Liquid Cash requirement of $200,000.
Huddle House Ongoing Fees
There are similar ongoing fee requirements to be paid to the franchisor by the franchisee. These include; an Initial Franchise fee of $25,000, an Ongoing Royalty fee of 4.75% and an Ad Royalty fee of 2.5%. These are mandatory to all interested franchise candidates.
Huddle House Training and Support
Huddle House provides a compulsory training to all new franchisees. These cover a period of 24 day on-site training. There is an additional training carried out at the training store. For existing franchisees, periodic trainings are organized in form of refresher courses or update courses to help them keep up with the trends and innovations within the industry. Support covers areas like periodic newsletter publications, a toll-free line, field operations, meetings and grand opening.
Huddle House Financing Options
Huddle House franchisees benefit from financing options made available by the franchisor. This is in the form of a third-party relationship the franchisor has with finance sources that provide financing to cover areas like payroll, inventory, equipment and start-up costs.
How to Join Huddle House?
To join the Huddle House franchise, certain steps need to be taken, among which are the indication of interest through carefully filling and submitting an online application form provided for this purpose. If qualified, contact is established by a Huddle House representative for further discussions.
2. Woody’s Bar-B-Q
Directing operations out of its Jacksonville, Florida corporate base, Woody’s Bar-B-Q was founded in 1980, and began franchising 9 years later in 1989. The parent company is Woody’s Bar-B-Q Franchise Sales, Inc. This franchise provides casual dining barbecue restaurant services to clients.
Woody’s Bar-B-Q Financial Requirements
This franchisor has certain financial requirements to be met before application is considered. Although these have not been all disclosed, an Initial Investment sum starting from $200,000 to $300,000 is required. The other financial requirements will be supplied to the franchise candidate at the point of registration.
Woody’s Bar-B-Q Ongoing Fees
Woody’s Bar-B-Q has the following ongoing fees which are to be paid it by the franchisees. These include an Initial Franchise fee of $35,000 and an Ongoing Royalty fee of 5%.
Woody’s Bar-B-Q Training
Franchisees are mandated to undergo a standard period of training lasting a specified period of time. Although currently not provided, this could last from a few weeks or a month. The training is provided to new franchisees. However, existing franchisees also benefit from periodic trainings to update their knowledge on new trends and innovations in the industry.
Woody’s Bar-B-Q Financing Options
There is a financing option provided by the franchisor to help its franchisees realise funding for their franchises. This is in the form of third-party relationships the franchisor has with finance sources that make available financing to cover inventory, accounts receivable, payroll, equipment, start-up costs and the franchise fee.
How to Join Woody’s Bar-B-Q?
To join this franchise, first, indicate your interest by filling an online application form provided for this purpose found in the franchise section of the franchisor’s website. You are contacted if your application is considered as qualified. After making contact with you, investment discussions eventually leading to purchase are entered into between the franchisor and the soon to be franchisee.
Providing products like ice cream, frozen yoghurts, ices and sherbets, Bruster’s Real Ice Cream was founded by Bruce Reed in 1989.It went into franchising in 1993. Its corporate headquarters is located in Bridgewater, Pennsylvania with Jim Sahene as its current CEO.
Bruster’s Real Ice Cream Financial Requirements
The financial requirements set by Bruster’s Real Ice Cream includes an Initial Investment starting from $270,200 to $1,324,000, and a Liquid Cash requirement in the sum of $80,000 to $200,000.
Bruster’s Real Ice Cream Ongoing Fees
As with the financial requirements, the ongoing fees charged the franchisee by this franchisor includes an Initial Franchise fee of $30,000, an Ongoing Royalty fee of 5%, and an Ad Royalty fee of 3%. These fees are mandatory.
Bruster’s Real Ice Cream Training and Support
The Training provided by this franchisor is not optional, as every franchisee including their manager
are expected to undergo this process. The training lasts a period of 10 days at its corporate headquarters and another 7 day on-site training. Support is provided in the following areas; periodic newsletter publications, internet, a toll-free line, meetings among other support provided.
Bruster’s Real Ice Cream Financing Options
The financing option available to the franchisee is a third party relationship Bruster’s Real Ice has with finance sources that provide financing to cover areas like payroll, inventory, accounts receivable, equipment, start-up costs and franchise fee.
How to Join Bruster’s Real Ice Cream?
Simply indicate your interest through the online application form available for this purpose on Bruster’s website. The information supplied by the applicant is used to check if he/she is qualified or not. He/she is contacted if qualified for further investment discussions and eventual ownership.
4. Pro Image Sports
Being a licensed sportswear and accessories retailer, Pro Image Sports was founded by the duo of Chad and Kevin Olsen, both brothers in the year 1985, and began franchising a year later in 1986. Its current CEO is Riley and the franchise has its corporate headquarters located in Centerville, Utah. Pro Image Sports is its parent company.
Pro Image Sports Financial Requirements
The financial requirement for joining the Pro Image Sports franchise includes an Initial Investment of $155,500 to $536,700, a Net-Worth requirement of $250,000 and a Liquid Cash requirement of $75,000. These are to be met before application as anything short of this would result in the application being turned down or disqualified.
Pro Image Sports Ongoing Fees
The ongoing fees charged by the franchisor to its franchisees include an Initial Franchise fee of $30,000 and an Ongoing Royalty fee of 4%.
Pro Image Sports Training and Support
Training is provided to franchisees covering a period of 2 to 5 days training at the corporate headquarters. Another 2 to 3 days of on-site training is provided. Support covers the following areas; periodic newsletter releases, internet services, field operations and toll-free lines in addition to other support areas.
Financing Option/Veteran Incentives
The financing option available to franchisees includes a third party relationship the franchisor has with third-party finance sources that offer financing to cover the following areas; inventory, accounts receivable, payroll, equipment, franchise fee and start-up costs. The Veteran incentive has a $5,000 discount off the franchise fee for veterans.
How to Join Pro Image Sports?
Joining Pro Image Sports is quite easy. The first step is to register your interest on the website of the franchisor, on an online form found in the franchise section of this website. This form should be carefully filled and submitted.
If your application win approval, a representative of the franchisor contacts you for further investment discussions and deliberations eventually leading to the transfer of this franchise to your care.
5. Closet Factory Franchise
Founded in 1983 by its current CEO John La Barbera with The Closet Factory as its parent company, this franchise has its corporate address location at Los Angeles California. This franchise provides custom closets and storage systems services to its clients.
Closet Factory Franchise Financial Requirements
The financial requirements needed to own a part of the closet factory franchise include the following; an Initial Investment starting from $203,500 to $353,000, a Net-Worth requirement of $500,000, and a Liquid Cash requirement of $150,000.
Closet Factory Franchise Ongoing Fees
There are certain ongoing fees which must be paid by the franchisee to the franchisor. These include an Initial Franchise fee of $46,500, and an Ongoing Royalty fee of 6.74%.
Closet Factory Franchise Training and Support
Training is mandatory to all new franchisees and their managers. The training covers a period of 20 days at the corporate headquarters, while there is another 10 day on-site training. These are to enable franchisees gain good knowledge on the proper administration of this franchise.
Among support provided to franchisees are periodic newsletter publications, free internet service, a toll-free line and field operations among others.
Closet Factory Franchise Financing Options
The financing options available to Closet Factory franchisees includes its relationship with third-party finance sources that provide financing to cover areas like accounts receivable, payroll, inventory, equipment, start-up costs and the franchise fee.
How to Join Closet Factory Franchise?
The website of the franchisor is where to register your interest. An online application form provided specifically for this purpose is available in the franchise section. This form is to be properly and carefully filled and submitted. Information supplied on the form by the applicant is used to scrutinize his/her application to see if he/she qualifies for ownership. The franchise candidate/applicant is contacted by a representative if qualified for further business deliberations and discussions.
The above are some of the franchise opportunities in Indiana, with guidelines on how to take advantage of them. The information supplied herein is not enough in itself, as it is advised that the franchisor can change a part of its procedures, guidelines or requirements. Hence, visiting the website of the franchisor is strongly advised.