Keg Restaurants Franchise

Steakhouse Restaurant


The Keg Steakhouse & Bar is the undisputed Steakhouse leader in Canada, with an ever-growing presence in the United States. Founded in 1971, The Keg has a focus on high-quality steaks, and a casual yet contemporary dining experience.

As part of our dynamic team, our franchisees have complete operational support, including extensive training, advertising/marketing, and central purchasing. You'll be able to focus on your day-to-day business knowing that there is a team of expert professionals on your side.

We are actively looking for franchisees in many locations. Please note that a population base of approximately 100,000 people in Canada or 225,000 in the United States is required for us to consider a new location.

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Please Note: The operators of Keg Restaurants, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Keg Restaurants website.

How much does it cost to open a Keg Restaurants Franchise?

The estimated investment required to open a Keg Restaurants Franchise is between $2,000,000-$3,250,000. There is an initial franchise fee of $50,000 which grants you the license to run a business under the Keg Restaurants name.

Individual Unit Costs

  • Initial Investment:
    $2,000,000-$3,250,000
  • Initial Franchise Fee:
    $50,000
  • Royalty Fee:
    5%
  • Advertising Fee:
    2.5%



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Training
We will train your management team and key staff at one of the corporate locations. We will send a hands-on support opening team to assist in training your staff. Besides travel, accommodation and meals, additional costs for the opening team are minimal. You can open your restaurant with the confidence and knowledge that you have received adequate training to do things The Keg way, with a support system and people to help you.

Support
The support begins before you open your restaurant with a development team who will assist in creating The Keg environment, followed by a training team to train your management and staff on how to provide your guests with The Keg experience. Once your restaurant is open, follow up support will be provided to insure that The Keg systems and specifications are in place. Ongoing support will be provided with respect to accounting, marketing, menu development, and human resources.

Business Experience:
Any experience you have gained in any area of food service always helps. More than anything else, your sound business sense and your compatibility with The Keg's high standards are what will make you an ideal candidate. If you don't have full service restaurant experience, we insist that you have a day-to-day operator with experience; ideally Keg experience. You have successfully run a business the size and scope of The Keg. Although restaurant experience is preferred, your excellent management skills can be adapted through The Keg's training programs. You have a thorough knowledge of the market in which you wish to open your franchise. It is preferable that you have lived in the city, as well as know the business and cultural climate. Please note that a population base of approximately 100,000 people in Canada or 225,000 in the United States is required for us to consider a new location. You need to have sufficient unencumbered capital. Although the amount will vary from location to location depending on the specific business, your combined net worth should be a minimum of $2 million. You have a desire to be a part of a successful franchise group. If you are interested in a territory or multiple restaurants, the following additional criteria must be in place: a. A development agreement which will specify the number of sites and the time period in which they must be built. b. The financial ability to operate more than one restaurant. c. The management capability and personnel to operate the desired number of restaurants in the territory or multiple restaurants. You will be required to submit a proposal detailing all aspects of your business plan and management, shareholder and operating structures. Your plan must include:

  • A projected operating statement of revenue and expenses;
  • A financial plan for construction of your restaurant, including a rough timetable for completion;
  • A personal employment history and business history of all proposed shareholders and operating managers;
  • Details on your proposed operating management team.

  • To calculate how much income a franchise owner can do at Keg Restaurants Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.

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    Legal Disclaimer: This information is not a franchise offering for Keg Restaurants 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 a Keg Restaurants franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

    Keg Restaurants

    Keg Restaurants

    199 Four Valley Drive
    Vaughan, ON
    L4K 0B8

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