- Investment Level: $ 300 K
- Training and Support: Yes
Ideal candidates for Applebee's restaurant franchise opportunities are business owners who have proven track records at providing outstanding businesses in established organizations. Ideal candidates will also have a strong net worth and liquidity. Above all else, Applebee's restaurant franchisee candidates will have a real passion for developing and operating an American style restaurant abroad. The Applebee's business franchise company is focusing on restaurant locations abroad, especially when it comes to business franchise opportunities. Now is an excellent time to look into franchising abroad, as Applebee's looks for international markets to tap into. International Franchising requirements: The Applebee's restaurant franchise company has a number of requirements for potential franchisees who are looking to open international Applebee's restaurant franchises. There are a number of fees that are required of franchisees to pay in order to take advantage of Applebee's franchising opportunities, including a territory development fee, franchising fees, royalties, and advertising fees. The Territory development fee is a fee that grants franchisees exclusive rights to developing a number of Applebee's franchise restaurants in a single territory during a specific amount of time. The Franchising fee is a $40,000 fee that is paid for each restaurant unit that is developed. The Royalty is 4% of all gross sales for the first two years or twenty-four months following a restaurant opening. After the first twenty-four months or two years worth of sales, the Applebee's franchise company reserves the right to increase the royalty fee to 5% of all gross sales. Finally, the advertising fee is required of the franchisee to cover advertising expenses on the Applebee's company's behalf. Franchisees are required to spend at least 3.5% of all gross sales on local marketing endeavors, public relations and advertising, in addition to a .5% of gross sales fee that is paid into a marketing fund used by the Applebee's franchising corporation for creative development endeavors. Please note that Business Franchise World is not actively submitting franchise applications to the Applebee's restaurant franchise company at this time. Please browse our other top franchises, which are currently accepting new franchising opportunity applications.
