Q: What are the general requirements to become a Barberitos franchise partner?
A: Restaurant experience is not necessary! The Barberitos system is designed for people coming from outside the restaurant industry as well as existing restaurateurs.
Q: What about financial requirements?
A: In order to be considered for a franchise, you must solely or collectively as an ownership group, have a net worth of at least $700,000 and liquid assets of at least $200,000.
Q: What is the initial franchise fee?
A: A single location initial franchise fee is $30,000. If you are interested in developing multiple units, the fee is $30,000 for each location under commitment. We offer a development incentive program whereby franchisees that commit to develop three franchise locations are only required to pay initial franchise fees for two of the three franchises.
Q: What are the royalty commitments?
A: The royalty is 5% of gross sales. Which is competitive with other fast-casual franchise opportunities.
Q: What is the term of the franchise agreement?
A: The initial term is 10 years, with the option of two five-year renewals.
Q: What is the average investment to open?
A: We are committed to keeping our initial investment cost as low as possible. Your initial investment will vary depending upon the location that you select. Our current Franchise Disclosure Document provides and estimated initial investment range of $119,800-$554,025.
Q: Will I have a protected territory?
A: For those that commit to develop multiple locations, we offer protected development areas during the development period. You will also have a protected territory of one mile around each franchised restaurant.
Q: How much square footage is required?
A: We can be very flexible with great locations. However, we recommend that your franchised restaurant is 1,850 to 2,800 square feet.