Shula's Steakhouse franchise fees for 2024:
Cash Investment: $500,000
Total Investment: $2.348 mil - $9.182 mil depending on real estate
component
Minimum Net Worth: $2,000,000
Single Unit Franchise Fee: $150,000
Franchise Fee for Each Additional Unit: $100,000
Royalty: 8%
Ad: Local: The greater of (i) $50,000, or (ii) 1.5% of the prior
calendar year's Gross Revenues
Other Fees: on-site visits from corporate staff
Average Number of Employees: 40/60
Item 19: No
Visa Candidates: Yes
Passive Ownership: Yes
Semi-Passive Ownership: Yes
Specify: In addition to the franchise agreement, we also offer an
add-on option of a management agreement, wherein Shula's will act
as a third party manager of the entire restaurant operations
(staffing, inventory control, sales and expense tracking and
analysis, etc.)
Home-Based: No
B2B: No
Master Franchise Opportunities: Yes
Veteran Discount: No
Yes. Shula's Steakhouse is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
No. Shula's Steakhouse is not a home based franchise opportunity.
This information is not available. Shula's Steakhouse does not offer an Item 19 in their Franchise Disclosure Document.
Yes. Shula's Steakhouse is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.
No. Shula's Steakhouse franchise does not offer a veteran discount.
Yes. Shula's Steakhouse franchise does work with E2 Visa and EB-5 Visa candidates.
No. Shula's Steakhouse franchise is not looking for Canada franchisees.
No. Shula's Steakhouse franchise is not looking for International franchisees.
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.