IDEAL CANDIDATE
What Characteristics Does Grain & Berry Look For In a Franchise Candidate?
Grain & Berry is dedicated to providing all our franchisees with the tools and infrastructure for success. An ideal franchise owner would bring...
Experience running or owning a business. (Restaurant experience would be even better, but isn't required.)
Organized and ready to grow. We'll provide you with the program, you'll just need to be willing to implement.
We recommend at least $250K net worth; $100K in liquid assets to properly open a Grain & Berry franchise.
Typical Investment Breakdown *
- Franchise Fee $49,500
This is the fee for a single location. A System Development Program is in place for multi-unit purchases with discounted fees.
- Construction Management Fee $25,000-$30,000
A 3rd party company will manage the buildout of your restaurant.
- Site Selection Fee $2,000
This fee covers the cost of assisting to find the ideal retail location.
- Real Estate Lease Deposit $6,000 - $12,000
It is typical for a one or two month lease deposit to be made at lease signing.
- Leasehold Improvements $15,000 - $375,000
The buildout of a new location depends on existing infrastructure, age of space, area construction costs, and size of space.
- Licenses, Architectural, and Engineering Fees $5,000 - $15,000
Our approved architectural firm has low prices for our franchises.
- Construction Management Fees $0 - $20,000
The construction management company makes sure things are being done right at the construction site.
- Miscellaneous Expenses During Training $1,000 - $5,000
This includes wages, travel, and living expenses.
- Restaurant Equipment $45,000 - $60,000
Our preferred suppliers give us volume pricing to save money for our franchisees.
- Furniture, Fixtures and Non-Kitchen Equipment $15,000 - $25,000
Our furniture and fixtures are standard in all G&B locations.
- Computer System $2,000 - $3,000
This is for the Point of Sale (POS), audio, video, and security systems.
- Signs $6,000 - $9,000
Size and location of signs will determine price.
- Initial Inventory and Supplies $3,000 - $15,000
This includes starting payroll and emergency funds.
- Employee Salaries - 3 months $9,000 - $25,000
The amount will depend on size of staff and pay scale.
- Local Advertising Expenditures $5,000-$8,000
The grand opening and initial advertising is included.
- Insurance - 3 months $1,000 - $1,500
Professional liability insurance and other insurances listed in lease.
- Additional Funds $10,000 - $40,000
Money you may need for miscellaneous costs.
- TOTAL INVESTMENT $170,000 - $635,500
*Based on calendar year 2021. This information appears in Item 7 of our Franchise Disclosure Document.
