Item 5: Initial Franchise Fee
There is an initial franchise fee of $100.00. An approved existing restaurant may take on the name of Freakie Fries by agreeing to adopt the menu items, acquiring the necessary equipment
( if they don’t already have it) ,
acquiring the signs and identifying décor,
and paying a nominal monthly royalty fee of $25.00 per month for every $100k of annual gross revenue.
Someone who is starting from scratch, will invest much the same as he would have on his/her own, except that the items purchased would be according to Freakie Fries specifications.
In the beginning, only experienced restaurant people will be allowed to join. In time, when Freakie Fries will be up and running, The Freakie Fries Franchise Association will set up the training programs along with exact start-up cost estimates that a less experienced restaurant person could use to help him/her succeed. At that time, there will be comprehensive start-up package for new-comers which will list all of the costs.