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Below is an in-depth analysis and side-by-side comparison of Krieger's vs Bikinis Sports Bar & Grill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $450,000 | $435,000 - $1,250,000 |
Franchise Fee | $30,000 | $55,000 |
Royalty Fee | 5% | 6% down to 4% |
Advertising Fee | - | up to 4% |
Year Founded | 1991 | 2010 |
Year Franchised | 2002 | 2010 |
Term Of Agreement | 15 years | 10 years +5+5 |
Term Of Agreement | 15 years | 10 years +5+5 |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Although it will not be necessary for you to have prior restaurant ownership experience, you will need to have general foodservice experience and the leadership skills necessary to learn the Bikinis system and develop a strong operations team within your franchised bar/restaurant. We also expect you or an operating partner will be fully dedicated to running the business. We also look for solid skills in customer service, relationship-building, operational procedures, organizational, and business management skills. But no matter what your skills or background are, we will provide the tools and training you need to run your own Bikinis Sports Bar & Grill location. We do, of course, also expect that you have the right amount of capital to invest in the franchise. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
85% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | No |
Own Your Own Bikinis Sports Bar & Grill Franchise! With multiple locations in operation and an ever-growing fan base, it's time we brought the Bikinis Sports Bar & Grill experience to more people - nationwide! The popularity of the Bikinis concept stems from our unbeatable combination of great sporting events, great food not typically found in other sports bars, and - of course - great views. So, get off the bench and get in the game! Now you have the chance to bring this winning combination to your hometown. As a franchise owner, you will be able to offer your community a sport-lover's preferred destination: a relaxed, fun atmosphere featuring great guest service and a unique sports-themed grill menu - all with a Southwestern feel and the universal appeal of beautiful girls. Join Bikinis Sports Bar & Grill as we make the world more beautiful, one at a time. For more information on the Bikinis Sports Bar & Grill franchise program, contact us at (512) 297-2473.