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Below is an in-depth analysis and side-by-side comparison of Applejack's vs GRILLiT including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $250,000 - $275,000 | N/A |
Franchise Fee | $25,000 | $12,500 |
Royalty Fee | 4% | 4% |
Advertising Fee | 2% | - |
Year Founded | 1999 | - |
Year Franchised | 2004 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
As an effective business operator, you wish to minimize risk and maximize profit. That is exactly what successful franchising is all about. Franchised businesses have a higher success rate than independent businesses. This is a fact. It is generally accepted that an estimated 40% of all non-franchised businesses do not make it to the end of their first year of operation, and 80% will fail within their first five years of operation. And even the 20% that do manage to survive are not safe, as 90% of them will fail within the next five years. In most cases this is not due to lack of revenues and its mostly based on lack of experience, support and management skills. By joining a Franchise, franchisees can benefit from the Brand marketing, purchasing power and management expertise offered by well-established franchisors. This is particularly attractive to those persons entering the highly competitive food service industry for the first time. As a result of the positive interaction between franchisee and franchisor, our restaurant owner/operators are much more likely to be financially successful than were they to enter the industry as independent restaurateurs.
GRILLiT is a growing Latin-Caribbean fusion restaurant concept that marries fast casual to nutritious and healthy food. GRILLiT opened our first store in 2011, and the interest in the concept is soaring! We specialize in made-to-order salads, rice bowls, pasta and wraps featuring grilled chicken, steak and shrimp along with freshly made signature sauces and toppings using only the freshest products provided by local and domestic growers. Our unique recipes and superior customer service create a demand that could only be satisfied by GRILLiT's Franchise Program. Today we have 2 corporate stores, 1 franchise store, and a second franchise store opening soon. With over four decades of experience in the food industry, the people behind GRILLiT created their concept on a very simple principle: to demonstrate the fast-casual dining experience and fresh, healthy, nutritious home-style cooking are not mutually exclusive. GRILLiT satisfies the ever-increasing demand of consumers for healthy and delicious food while utilizing cooking techniques that employ a distinctive approach by preparing recipes with low-sodium content, fresh herbs, spices and all-natural marinades. If you've ever dreamed of owning your own business, now is your chance to own a GRILLiT restaurant!