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What is the financial requirements of Franchising?
Multi-unit development agreement discounts available
Grand Opening Fee
Leasehold Improvements
Equipment
Sign Package
POS System
Working Capital & Non-Recurring Expenses
Additional Start-Up Funds
First 30 to 60 days of business
Is there other factors of franchising?
The above information illustrates estimated costs of opening a Mr. Hero restaurant. These ranges are to be used as estimates only.
It is based upon numerous factors that include, but are not limited to: the size of the restaurant; labor and material costs; geographic variables; financing and architectural fees.
How long do I get in the franchise agreement?
The franchise agreement is for 10 years.
How much square footage do I need for my Mr.Hero restaurant?
1500 to 1800 square feet is the average for a typical restaurant. 200 square feet is the minimum for a co-branded unit depending upon shared cooler, freezer and storage space
Does Restaurant Developers Corp.help with site selection?
Yes! They will review a potential site with you. But in newer developing markets it is preferred that the franchisee has a knowledgeable understanding of his territory with locations or areas in mind.
If needed, they can direct you to other resources for additional options; including, having consultations with a commercial broker of your choice