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Updated RecentlyApplejack's Franchise
Restaurant
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.
It's time to give yourself permission to build your days around what's important to you! You're in Control!
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How much does it cost to open a Applejack's Franchise?
The investment required to open a Applejack's Franchise is between $250,000-$275,000. There is an initial franchise fee of $25,000 which grants you the license to run a business under the Applejack's name.
Individual Unit Costs
- Initial Investment:
$250,000-$275,000 - Initial Franchise Fee:
$25,000 - Royalty Fee:
4% - Advertising Fee:
2% - Term of Agreement:
10 years
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When did Applejack's start Franchising? 2004
Your income potential as a Applejack's Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.
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Legal Disclaimer: This information is not a franchise offering for Applejack's and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing an Applejack's franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Applejack's
665 Millway Avenue
Suite 60
Vaughan,
ON
L4K 3T8