Are you debating starting a Flame Broiler franchise? In this article, you will discover everything you need to know about Flame Broiler franchises, from the cost to start one to how much profit you can make to reviews and customer feedback.
At Flame Broiler, they are passionate about their food. Their mission is to serve healthy meals with bold flavours that bring the fire, and they’ve been doing it since 1995. Their signature dishes combine Korean-style marinated chicken and beef with fresh vegetables on top of a bed of steamed white or brown rice. And it all gets served in a convenient bowl that customers can enjoy on-the-go or dine-in at one of their many locations.
By reading this guide, we hope that you’ll have all of your questions answered and be ready to determine whether franchising Flame Broiler is the right business opportunity for you! Let’s get started!
How much does a Flame Broiler franchise cost?
Alright, now for the million-dollar question: how much does it cost to franchise a Flame Broiler? Generally speaking, it’s going to cost you anywhere from $256,732 – $408,514 per location. That includes the initial franchise fee of $25,000 plus your construction costs and other miscellaneous fees associated with opening a restaurant.
Now, this is a substantial investment, but when you think of it that way, it’s really quite reasonable. Here’s why: when you compare a Flame Broiler franchise’s investments to other popular fast-food restaurants like McDonald’s or Subway, the costs are much lower.
And here’s something else you should consider: at Flame Broiler, you don’t have to worry about royalty fees or ongoing fees after opening the restaurant. That means your initial investment will be the majority of what you spend to join the industry, allowing you to generate more profit for yourself and your business over time.
Flame Broiler Franchise Price and Costs
|Flame Broiler Franchise Fee||$25,000|
|Flame Broiler Franchise Cost||$256,732 – $408,514|
|Term of Agreement||10 years|
|Is franchise term renewable?||Yes|
|Renewable Franchise Fees||Yes|
How much do Flame Broiler franchise owners make?
So, how much does a franchise owner of Flame Broiler make? There are some ballpark estimates of what you can expect to make when you invest in a Flame Broiler franchise.
The average revenue for a franchised Flame Broiler restaurant is $9.9 million. This figure can vary greatly depending on the location and other factors such as customer traffic, competitors in the area, and store promotions. Additionally, the amount of profit you make depends on how well you manage your franchise’s expenses, such as rent and payroll.
In terms of costs, it’s important to consider all the expenses associated with becoming a franchisee. Apart from the initial franchise fee ($25K) and royalty payments (5–6%), there are other costs involved in setting up shop. For example:
- You need to purchase equipment (fryers, ovens, and grills) and possibly rent or buy an existing restaurant space.
- You need to purchase supplies, such as food ingredients.
- You’ll need staff to run your business.
- You’ll need ongoing training for both yourself and your staff.
The bottom line is that it’s impossible to determine exactly how much a Flame Broiler franchise owner will make without doing some detailed calculations and research—but these figures give you an idea of what kind of returns you can expect when investing in a Flame Broiler franchise.
What is Flame Broiler franchise profit?
The profit earned by a Flame Broiler franchise can be estimated with reference t othe profit earned by the company in general. Flame Broiler is known to make around $27,123 a day, with overall revenue jotting down to be somewhere around $825,000. According to industry standards, getting a return on the franchise investment will take a very long time.
Flame Broiler Franchise Requirements
Gearing up to open your own Flame Broiler franchise? First up, you’ll need a net worth of at least $256,732 – $408,514 and liquid assets of at least $250,000. Unfortunately, you also need to have at least three years’ experience in either restaurant management or the quick-service restaurant industry. An impressive resume wouldn’t hurt either! If your net worth doesn’t meet the requirements just yet, don’t despair—there are other options, such as financiers and business partners, who can help get you started.
As for the money side of things, there’s an upfront cost of $25,000 plus a 5% ongoing royalty fee from gross sales. It should also be noted that, depending on the state or country you’re in, there may be additional fees to pay for licences and permits before you open for business too.
Overall, that’s not too bad for launching your own business with a well-known national brand behind it!
What is the flame broiler?
Confused about the flame broiler? Don’t be. It’s a fast-food restaurant chain specialising in teriyaki bowls, featuring marinated chicken and beef cooked over an open flame. Founded in 1995, it boasts of being one of the healthiest fast food chains on the planet, with customers being able to customise their own meals according to their tastes and preferences.
The signature Flame Bowls come with your choice of rice or romaine lettuce with white or brown rice, plus your selection of lean beef, marinated chicken, or vegetables—all accompanied by a proprietary teriyaki sauce. If you’re looking for more selection, you can also choose from grilled vegetable plates, grilled salmon bowls, and grilled shrimp bowls. All Flame Bowls are nutritionally balanced meals that contain fewer than 500 calories per serving.
No matter which meal option you pick, it will be cooked over an open flame broiler that imparts a satisfying smoky flavour that cannot be replicated by any other cooking method. As for sides, you can create your own combos with choices like mandoo dumplings and kimchi coleslaw to complete your meal.
Is Flame Broiler a franchise opportunity?
You may be wondering if Flame Broiler is a franchise opportunity, and the answer is yes, it certainly is! In fact, they are now the largest Asian-inspired fast-casual franchise in the U.S. With their simple menu and strong focus on customer service, it’s no wonder that more people are turning to Flame Broiler as their go-to restaurant option.
So what does joining the Flame Broiler franchise look like? Here’s a quick breakdown:
- Franchise Fee
The initial franchise fee for francising Flame Broiler is $25,000, with an ongoing royalty fee of 5%.
- Franchise Support
The team at Flame Broiler offers ongoing support for their franchises, including marketing assistance, operational support, and training. They also have customizable branding options to ensure that your restaurant stands out from the competition.
- Potential Profits
When it comes to franchising opportunities, it’s always important to consider potential profits. The great news here is that according to Entrepreneur.com, “Flame Broiler franchisees can expect a total average sales volume of $1 million in their first year of business.” In addition, they also offer discounts as a way to encourage repeat customers and boost profits further.
All in all, if you’ve been thinking about investing in a Flame Broiler franchise, there are definitely plenty of reasons why it could be a great option for you!
Facts That Nobody Told You About Flame Broilers
Whether you’re a first-time business owner or an experienced franchisee, you should consider the Flame Broiler. That’s because, when it comes to Flame Broiler franchises, there are a few things that you might not know.
- Low Investment And Risk
One of the great things about Flame Broiler franchises is that they require a relatively low investment. Most franchises require anywhere from $300,000 to over $2 million, but with Flame Broiler, you can start with as little as $250,000 for a full restaurant setup. Not only that, but the risk involved is also lower than with many other franchises.
- Consistent Quality
Another great thing about Flame Broilers is that their quality is consistent from location to location. Whether you’re in California or New York, you can expect the same high-quality dishes every time. This means that customers come in looking for just what they know and love, so your business model will remain strong even in tough economic times.
- Strong brand recognition
Finally, Flame Broiler has excellent brand recognition—a major plus when it comes to franchising. After all, customers are more likely to trust your brand if they already recognise it by name. Plus, many people already associate Flame Broiler with healthy food and fast service—two things that are always welcome in any restaurant market!
|Flame Broiler Franchise Review and Information|
|Industry Type||Food Franchise Opportunities|
|Sub Category||Miscellaneous Quick-Service Restaurants|
|Company Name||Flame Broiler Inc.|
|Founder/Management Head||Young Lee|
|Employees at Company H.O||9|
|Franchise Expansion Plan||US|
|Number of Units||190|
|Number of Franchise Units||–|
|Social Media Handles|
|Company Office location||1538 E. Warner Ave., #E Santa Ana, CA 92705|
Flame Broiler Training for Franchises
Owning your own franchise can be a great way to start your own business. Before you get started, you’ll need to take the time to go through training and understand the costs associated with becoming a franchisee. Here, we’ll explore the training programmes available and look at what it takes to become a franchisor.
- Pre-Opening Training
Before owning a Flame Broiler franchise, you’ll need to complete the pre-opening training programme. This programme is designed to ensure that all potential owners understand everything related to how the flame broiler operates. It covers topics like menu items and pricing, cash management, customer service, team management, and more. You’ll also receive marketing materials and access to any additional resources needed to get your business off on the right foot.
- On-site Training
Once you decide on a location for your franchise store, you’ll receive onsite training from experienced professionals who will help guide you through opening day and beyond. You can expect everything from employee hiring and scheduling tips to helping you merchandise products correctly.
- Ongoing Support and Education
As part of being part of the Flame Broiler family, you have access to continued support and education from the franchising team during all stages of business ownership—from before opening day through every other stage of running your business. Through team meetings, online resources, and helpful information provided by phone or email, you can always stay up-to-date on changes in industry standards or product offerings so that your store remains competitive in its market area.
Flame Broiler Operations to Franchises
Another thing you should know is that Flame Broiler operations have grown into franchises over the years. This expansion has definitely been good for their business and customers. The more options our customers have, the better!
Flame Broiler franchises are relatively affordable compared to other franchise opportunities on the market. Plus, you don’t need special training or a lot of experience to start your own franchise with them. That’s a great opportunity for entrepreneurs who want to enter the food service business.
Most Flame Broiler franchises cost about $25K to get started. The total investment for a franchising Flame Broiler can range from $200K to $400K, depending on location and other factors such as property rent and additional staff requirements.
In terms of returns, most people report seeing positive returns within their first six months after opening their franchise. Generally speaking, some have reported profits reaching as high as 35% annually in their third year of operation. Of course, everyone’s situation is different, but these numbers can serve as a rough guide for the potential viability of this franchise opportunity.
How is Flame Broiler territory granted to franchises?
The Flame Broiler offers different models for franchises to choose from, and each has its own advantages. The company offers three types of territory grants: traditional fixed area, variable area, and total market.
- Traditional Fixed Area
The traditional fixed-area grant is the most common model used in franchising. This grant gives franchises a geographical territory where no other Flame Broiler location can exist or operate. This type of grant is beneficial to a franchisee because they have exclusive rights to the area, giving them maximum opportunities for profit.
- Variable Area
The variable-area grant is an alternative model to the traditional fixed-area model. With this type of grant, the franchisee still has exclusive rights to a specified area, but with a smaller potential customer base than with the traditional model. However, because of the reduced customer base, costs are also reduced, and profits are still achievable at more reasonable levels.
- Total Market Model
The total market model allows for multiple locations within a single market and does not provide exclusive territory rights for any single franchisee. This can be beneficial for city-wide chains or those looking to set up multiple locations in close proximity or in very fast-growing markets.
No matter which model you choose, you can trust that Flame Broiler will provide you with all the necessary resources, support, and guidance needed to make your franchise successful.
What is the term of the franchise agreement and renewal?
You might be wondering about the term of the agreement for a Flame Broiler franchise and if you’re eligible for renewal.
- Initial Term
The initial term for the franchise agreement is 10 years, renewable for two successive terms of 5 years each. If you’re wondering about how much investment costs are involved, the fee is typically between $20 and $30 thousand dollars.
For the renewal of your Flame Broiler Franchise Agreement, you’ll have to do the following:
- Provide proof that you are adhering to all of the provisions in the agreement, such as renewing any local permits and licences, maintaining your restaurant’s standards, and complying with all local laws and regulations.
- comply with any new requirements that have been issued by Flame Broiler prior to renewal (they may have changed).
- Submit an application within 90 days of expiration to get approval for renewal.
- Pay all associated fees as specified in the agreement, such as royalties and advertising programme fees.
- Sign a fresh franchise agreement, incorporating any additional terms or changes that may have been made since your initial agreement was signed.
Does Flame Broiler provide financial assistance to franchises?
Another thing you may want to know is whether or not Flame Broiler provides financial assistance to its franchises. Fortunately, the answer is yes! Flame Broiler offers several financial incentives that can help you get your franchise off the ground.
- Franchising Fees
The franchising fees are one area where Flame Broiler offers considerable support. The initial franchise fee is $25,000, with additional costs of $25,000–45,000 for various supplies and equipment. But here’s the kicker: Flame Broiler will offer you a 15% discount on their initial franchise fee if you’re an approved minority or service-disabled veteran.
- Financing Options
For those who need more support in getting the capital needed to get their franchise up and running, Flame Broiler has various financing options available as well. These include:
- Standard small business loans from banks and other private lenders
- Government-backed loans such as SBA loans
- Microloans specifically for franchises
- Crowdfunding campaigns
By utilising these financing options, it’s possible to get your franchise of Flame Broiler off the ground without having to shoulder the entire brunt of the cost yourself.
Pros and Cons of Owning a Flame Broiler Franchise
When it comes to owning a Flame Broiler franchise, there’s much to consider. In terms of the pros, Flame Broiler has been around for over 20 years and is well-known for its healthy and delicious rice bowls. Plus, with their turnkey systems and infrastructure already in place, franchising Flame Broiler means you’ll be able to get up and running quickly.
It’s important to know that while they offer training support, they don’t provide ongoing operations assistance, meaning you’re the sole owner responsible for the day-to-day operations of your restaurant. Additionally, start-up costs can be on the high side, with a franchise fee of up to $30K.
Ultimately, deciding whether or not owning a franchise is right for you will depend on your finances and ability or desire to run your own restaurant. Consider these pros and cons before taking the plunge into this type of business venture.
What are Flame Broiler franchise reviews?
When it comes to franchise reviews of Flame Broiler, you hear it all. But what is the truth? The truth is that Flame Broiler has a great reputation when it comes to food quality and customer service. The franchises have been recognised and awarded time and time again for their commitment to customer satisfaction.
The reviews also go into details about the cost of franchising Flame Broiler and the overall financial stability of each restaurant. Franchisees report that they have seen great success with their stores and have had little or no problems with their investments.
Additionally, potential franchisees will be pleased to hear that the overwhelming majority of reviews are positive when it comes to the support received from company headquarters for training, marketing, and other forms of restaurant management. This means that you can easily become a successful franchisee with Flame Broiler by your side!
Overall, Flame Broiler continues to have a good reputation with franchisees, and that’s an important factor to consider when you’re looking into franchising opportunities. As a Flame Broiler franchisee, you’ll benefit from the solid reputation that this brand has built over the years—which means more customers coming through your doors and more profitable business!
Franchise Deck Analysis and Overview
As with any business investment opportunity, it is important for potential franchisees to assess the risk-reward balance before investing in a Flame Broiler franchise. It is wise to look at the real costs and potential profits a franchise can offer.
To start, aspiring franchisees should consider the Franchise Disclosure Document (FDD). The FDD is a legal document that discloses all the necessary information about the franchise, such as start-up costs and potential earnings. The FDD will provide guidance on information about training, fees, estimated operating costs, and projected profits. The FDD will highlight any risks associated with entering into a franchise agreement and make it easier for potential investors to make informed decisions.
A comprehensive analysis of the business model is also essential prior to investing in a Flame Broiler franchise. It is important to analyse correlations between various metrics, such as profit margin versus total revenue, customer retention rate versus customer acquisition cost, and marketing efficiency versus customer loyalty. This type of analysis helps potential investors understand how their investments will be deployed across different areas of the business and assess how their actions can influence success or failure.
In conclusion, if you are looking for a low-cost investment opportunity with relatively high returns, then owning a franchise of Flame Broiler might be worth considering; just make sure you do your homework first!
Potential Risks to consider before investing in a Flame Broiler franchise
Before you consider investing in a franchise of Flame Broiler, it is important that you consider the following risk factors:
- Hidden costs and financial risks
- Competition in the market
- The success of the franchisor is not everything
- Franchise sharks
Is the Flame Broiler Franchise Profit Worth the Franchise Cost?
Flame Broiler franchise profit is indubitably worth the franchise cost.
Customers will visit a restaurant frequently if the rates are reasonable and there are reduced overhead costs and opportunities to perfect recipes. With this franchise, those reasonable prices can be found everywhere, including in the startup costs and franchise fees.
One of the most cost effective restaurants you can open right now in the US is The Flame Broiler. This is because their menu items are brief and simple, allowing you to focus on supplying quality and fresh ingredients that can be cooked fast.
Competition Analysis of Flame Broiler Franchises
|Flame Broiler Franchise||Cost to Franchise||Franchisee Fees||Royalty + Ad fees||Expected Profit||Recoup of Capital||FD Rating|
|Flame Broiler Franchise||$256,732 – $408,514||$25,000||5%+3%||$9.9 million||–||3.7/5|
|7-ElevenFranchise||$50,000-$1,00,000||$1,00,000||50% of the total gross profit+1%||$78.748 billion||–||3.4/5|
|Pj’s CoffeeFranchise||$406,000 – $1,024,000||$10,000-$35,000||5%+2%||$476,253||7-11.25 years||3.7/5|
|7 BrewFranchise||$503,800-$1,112,500||$45,000||4.5-7% + 2%||$250,000||4 years||3/5|
The Franchise Deck rating for the Flame Broiler franchise is 3.7/5.
Conclusion: Is the Flame Broiler franchise a good choice?
If you’re considering investing in a Flame Broiler franchise, you’ve come to the right place. After all, this is a rapidly expanding business that offers customers delicious and healthy options. As you’ve read, the initial investment may be higher than average, but there are opportunities for low-risk growth and expansion. Plus, with the help of a franchisor like Flame Broiler, you’ll have support and experience to lean on throughout the entire process.
Overall, a franchise of Flame Broiler is definitely worth considering. With a business model that centres on health and convenience, it’s an investment opportunity that could be extremely profitable in the long run—especially since these types of franchises are becoming more popular each day. So if you’re interested in investing in a restaurant that focuses on health and convenience, give investing in a franchise of Flame Broiler some serious thought!
Entrepreneurs who want to open a franchise in the category franchise opportunities categories can look at
- Trader Joe’s Franchise
- 7-Eleven Franchise
- Pj’s Coffee Franchise
- 7 Brew Franchise
- McDonald’s franchise
- Caribou Cou Coffee Franchise
- Popeyes franchise
- Philz Coffee Franchise
- Playa Bowls Franchise
- Ziggis Coffee Franchise
- Rascal House Franchise
- Oumi Sushi franchise
- White Castle franchise
Frequently Asked Questions (FAQs)
You might have some questions about Flame Broiler franchises, so let’s answer them.
- Is the Flame Broiler franchise profitable?
Yes, the franchise has been proven to be very profitable for their franchisees—both on a local and national level. The key to profitability is proper management from the franchisee and dedication from the staff.
- Can you make money owning a flame broiler?
Yes, if you are a dedicated and organised individual who is willing to put in the effort required, you can definitely make money owning a Flame Broiler franchise.
- Is Flame Broiler a franchise?
Yes, Flame Broiler is a franchised restaurant chain with corporate offices in California and locations throughout the United States as well as internationally.
- How much is a Flame Broiler franchise?
The cost of acquiring a franchise of Flame Broiler depends on a number of factors, such as location and size of the store, but generally ranges from $256,732 – $408,514 USD.
- How do Flame Broiler franchisees make money?
Flame Broilers franchises make money by providing delicious flame-grilled dishes that customers love at competitive prices, while leveraging their name recognition and reputation for quality food offerings to bring people back time after time. They also receive royalties from each location they own, which can add up quickly due to their growing presence in many neighbourhoods nationwide!