Franchising provides entrepreneurs with a proven business model that reduces risk and maximizes earning potential. The fast-casual industry is expected to reach $209 billion globally by 2027. A brand to consider is Spudz. Spudz is Brooklyn’s only specialty French Fry shop and specializes in fresh, made to order French Fries, with meat and veggie toppings. Fries are always in high demand – the average American eats 29 pounds of fries every year. Entrepreneurs have two franchise opportunities to choose from: a single unit franchise in a protected territory; and an area development franchise, which allow you the opportunity to lock down a larger territory and build a series of Spudz locations. Both are affordable to maximize your opportunity to become a business owner.
Candidates ideally have previous experience within the fast-casual restaurant industry, but newbies should still consider franchising a Spudz. The brand's comprehensive training program will prepare you to operate all aspects of the business. The program is broken down into 48 hours of classroom and on-the-job training. Topics that will be covered include running daily operations, menu preparation, staff management, administrative tasks, and how to market your location. The brand's franchise support team will also oversee the process of your franchise development. The brand's location is closed on Monday's and is opened from noon - 10 p.m Tuesday though Saturday. The location is only opened from noon - 8 p.m. on Sunday. Online orders add additional revenue to your business. In terms of an initial investment, it ranges from $124,000 - $217,500, which includes a $25,000 initial franchise fee that covers training and other expenses.