Located in Los Angeles, the family-run Mr. Fries Man restaurant has integrated itself into the city’s revolutionary underground culinary scene. Craig Batiste and his wife Dorothy made the decision in 2016 to apply their skills from home cooking to a restaurant in Gardena, California. They attracted a fantastic following because of their compelling social media presence, which captivated their audience. The first brick-and-mortar site of their business in Gardena, California, officially opened on February 4, 2017, because of their success in the kitchen. The owner of Mr. Fries Man took advantage of a franchise opportunity in 2020 after three extremely successful years with a single location.
Within the first 7 months since their first signing in June 2020, they sold franchises for 21 locations. As one of the most well-liked eateries in the South Bay, they take pleasure in using high-quality, freshly prepared products to give the locals the finest possible dining experience.
As per Statista, in 2022, total revenue in the Food & Drink segment is expected to be $0.74 billion. Overall revenue is estimated to grow at a 7.14% annual rate (CAGR 2022-2027), resulting in a market volume of US$1.10 billion by 2027.
What is Mr Fries Man?
A family-run eatery called Mr. Fries Man is a part of the revolutionary underground gastronomic craze that has gripped Los Angeles.
In 2016, Craig Batiste, co-owner with his wife Dorothy, is one of many Angeles urban chefs who made the jump from a home kitchen to a restaurant in Gardena, California.
Their first physical facility in Gardena, California, officially opened its doors on February 4, 2017, thanks to their success in the kitchen.
Being one of the most well-known eateries in the South Bay, the company takes pride in using high-quality and unique products to serve the community the greatest meals possible.
What is Mr. Fries Man Owner Net worth?
the MrFries man Owner Criag Batiste and his wife Dorothy Batiste, started the business in their backyard with $400 and no loans and investors. Build it into a brand and now more than 21 locations.
Is Mr Fries Man a Franchise Opportunity?
Definitely yes, Mr Fries Man is a franchising opportunity soon after a very successful three years journey with one location, the owners behind Mr. Fries Man embarked on an opportunity to franchise in the year 2020. Since their entry into franchising in June 2020, they have sold franchises for 21 locations within the first 7 months.
Facts That Nobody Told You About Mr Fries Man
He began selling his unique style of fries out of his backyard when his wife lost his job five years ago.
With the help of people in the community, after his food was cooked in his backyard, it was sold in local businesses nearby.
Within five years, Batiste had a booming restaurant in his own building, with lines going out the door, and almost 300,000 instagram followers.
Craig Batiste is the owner of Mr. Fries Man, a restaurant in Gardena, which sells specialty French fries, which are covered with flavors like buffalo chicken ranch, steak, shrimp, lobster, and many more options.
To set up a Mr Fries Man franchise, the cost ranges from $132,050 – $302,500 to invest and its franchise fee is $35,000. With a $35,000 cash investment, you could also get training and support for the franchise
How much does it cost to franchise a Mr Fries Man in the United States?
A Mr Fries Man franchise requires a $35,000 initial license payment along with $132,050 – $302,500 as its cost to the franchise. This is the initial cost required to launch a Mr Fries Man franchise in the United States.
Mr Fries Man Franchise Price
Mr Fries Man Franchise Fee
Mr Fries Man Franchise Cost
$132,050 – $302,500
Term of Agreement
Is franchise term renewable?
How much do Mr Fries Man franchise owners make?
There is no definitive answer to this question as Mr. Fries Man’s net profit is not publicly known. However, based on his successful career in the fast food industry, it is estimated that his net worth is likely in the millions.
Mr Fries Man Training to Franchises
All managers of any Mr. Fries Man franchise shall travel to the company offices in California for approximately two weeks of training prior to opening or operating any Restaurant.
The training fee for the initial operating Principal and three others is free and training for other persons is $250 per person, per day, not including any traveling, lodging, or other costs. This training is required only one time-per person and the brand reserves the right to pre-approve all individuals who seek to participate in our training program.
Mr Fries Man Operations to Franchises
The franchisee shall use the restaurant solely for the operation of the business franchise. The franchisee shall keep the restaurant open and in normal operation for some minimum hours and days as the company has specified in the manual or otherwise directed from time to time.
Franchises shall refrain from using or permitting the use of the restaurant for any other purpose or activity at any time without first obtaining the written consent of Mr. Fries Man and shall operate the Restaurant in strict conformity with such methods, standards, and specifications as Mr. Fries Man may, from time to time, prescribe in the Manual or otherwise in writing. Franchises shall refrain from deviating from such standards, specifications, and procedures without the company’s prior written consent.
How is Mr Fries Man Territory Granted to Franchises
If franchises have not selected a site when signing their Franchise Agreement, the franchisor will approve the territory within which franchises can locate a site for their business. The company will assist them in evaluating proposed sites based on information that they provide to them and on other information that the company deems relevant. The factors that are considered relevant are square footage, storefront location, and traffic patterns.
Mr Fries Man may, but is not required to, visit proposed sites with the franchises. The company will approve or disapprove a proposed site within 30 days after the franchisee proposes it in writing with appropriate documentation as stated in the company’s manuals. If the company disapproves of a site, franchises must locate another site.
What is the Franchise Term of Agreement and Renewal?
Term Agreement will commence on the effective date and expire 10 years from the day your Mr Fries Man commences operations. The franchisee can enter into two consecutive Successor Franchising Agreements for a term of five years each if they comply with the conditions for a Successor Term.
Financial Assistance to Franchises?
With connections with outside sources, Mr Fries Man franchises can get financial assistance for beginning expenditures, equipment, and more.
Pros of owning a Mr Fries Man Franchises
The franchising fee is $35,000, which is a relatively low sum when compared with other franchises.
The company has been around since 2002, so you don’t have to worry about starting from scratch while building your brand.
They offer this assistance before, during, and after setup. They also provide thorough store opening instructions, continuing marketing advice, and operational assistance.
Cons of Owning a Mr Fries Man Franchises
The success of your store ultimately depends on its location, so do your research before signing any lease. Find out how competitive the area is to decide if there is enough demand for a second casual eating spot.
It takes a lot of time to run a business, so be prepared to put in the extra time needed to keep your shop running smoothly.
What are Mr Fries Man franchise reviews?
Franchisees are well supported by corporate staff members who are familiar with their business strategy and may offer guidance if issues arise. This kind of support is really helpful for those who are considering franchising for the first time.
The majority of clients assert that in addition to offering fantastic customer service and chicken, their Mr. Fries Man franchises have generated tremendous financial outcomes. Several business owners assert that their franchises turn a profit during the first year of operation. That’s not true of all franchise opportunities.
Mr Fries ManRankings
There aren’t enough food, service, value, or atmosphere ratings and rankings for Mr. Fries Man, California yet. However, their menu looks quite interesting with many available items on the list to serve every palate.
Franchise Deck Analysis and Overview
If you’re thinking about franchising, Mr. Fries Man appears to be a successful business to run. The cost to the franchise is much higher than those of other franchises in the US. On the other hand, if you take into account its profit and investment recovery, this brand can unquestionably be a profitable franchise business for you.
Potential Risks to consider before investing in a Mr Fries Man
Out-of-State Dispute Resolution; The franchise agreement requires you to resolve disputes with the franchisor by mediation, arbitration, or litigation only in California. Out-of-state mediation, arbitration, or litigation may force you to accept a less favorable settlement for disputes. It may also cost more to mediate, arbitrate, or litigate with the franchise in California than in your own state.
The primary trademark that you will use in your business is not federally registered. The franchisor’s right to use this trademark in your area is challenged, you may have to identify your business and its products or services with a name that differs from that used by other franchisees or the franchisor. This change can be expensive and may reduce brand recognition of the products or services you offer
The franchisor is at an early stage of development and has a limited operating history. This franchise is likely to be a riskier investment than a franchise in a system with a longer operating history.
Your spouse must sign a document that makes your spouse liable for all financial obligations under the franchise agreement even though your spouse has no ownership interest in the franchise. This guarantee will place both your arid spouse’s marital and personal assets, perhaps including your house, at risk if your franchise fails.
Is the Mr Fries Man Franchise Profit Worth the Cost?
The cost that is required to own and operate a Mr. Fries man store differs greatly as it depends on various elements such as the landscape of the store, its size, and majorly its location. Known for its delicious food items, it will attract new customers and might force the existing ones to visit more.
Mr Fries Man Franchise Success and Failure Rate
The below table will highlight the Fries Man success and failure rate for the last 3 years. This will supplement your decision-making process.
The Franchise Deck rating for theFries Man franchise is 3.0/5.0
Conclusion: should you buy Mr Fries Man franchise for sale?
In general, company owners looking to enter the fast-casual restaurant industry might find that purchasing a Mr Fries Man franchise is a fantastic choice. Mr. Fries Man provides its franchisees with in-depth training and support to ensure their success. The company has a strong brand, a focus on sustainability and high-quality ingredients, and a tried-and-true business model.
But like with any franchise opportunity, it’s critical to carefully consider the risks and potential drawbacks, including the initial outlay and ongoing costs, the amount of competition, the operational challenges, the restrictions on the range of available geographies, and the reputation of the brand.