Steps to Franchising
1. Steps to owning your own Hot Harry’s
- Submit the Franchise Application
- Meet the Company Executives
- Final Application Review
- Enter into a Franchise Agreement
- Identify & select a restaurant location
- Begin construction & remodeling
- Complete the training program
- Open for business
2. Franchise Support
The Hot Harry’s Fresh Burritos® Franchise Support System
Our team supports the franchisee throughout the initial phases of business, from finding and readying a location to marketing and financing. We provide training at an established Hot Harry’s location, as well as at your own. When you join the Hot Harry’s family, you’re part of a team that provides continuous service, business analysis, communication with head office, advertising coordination and menu development. We’ll make sure you’re ready for success!
Our System Manuals provide an effective means to monitor your restaurant performance. The Manuals are also exceptionally useful teaching tools for every position in the restaurant.
- Proven Success
- Easily expandable to multiple locations
- Assistance with site selection and lease negotiation
- Assistance with advertising and promotion
- Assistance with store décor, including full sign package, equipment package and complete Menu package.
- Use of proprietary recipes and goods
- Low start up costs, great conversion opportunities
3. Training
At Hot Harry’s Fresh Burritos®, we believe nothing guarantees success more than thorough training. We also believe the most effective training is achieved by combining actual on-the-job experiences with classroom instruction on all aspects of managing and controlling the business. Each Hot Harry’s Fresh Burritos® franchise is trained at a company run store.
During the initial stages of the training, the franchisee learns each position in the restaurant. That means welcoming guests, running the cash register, cooking, even washing dishes. Every restaurant task is understood and perfected.
The second stage involves the administrative functions performed by the store’s management team. We’ve heard that our training is tiring and stressful, but we know that when it’s over you’ll be ready to run your own Hot Harry’s Fresh Burritos ®, and that we’ve given you a great foundation for success!
The franchisee will be trained and tested in all aspects of the business.
OUR GOAL IS TO CREATE A COMFORTABLE AND CAPABLE OWNER/OPERATOR BY THE END OF THE TRAINING
Come join our winning team, if you are:
- Customer Focused
- Goal Oriented
- Self-Confident
- Willing to Be a Part of a Growing Franchise Chain!
4. Financial Criteria
Two major criteria are used in reviewing and evaluating the financial qualifications of a prospective Franchise Owner. We consider the personal net worth of each party and the capital liquidity (liquid assets) available for a Hot Harry’s Fresh Burritos® investment. The decision for financial approval is based on the individual’s capabilities and the scope of the proposed franchise activities (i.e. single unit, master franchisor, etc.)
The total investment in the business will vary depending upon: the cost of location, leasehold improvements, deposits and other factors. These estimates are based on leasing the property and, therefore, do not include land and building costs. There are no provisions for financing in the estimates; however, a franchise owner may be able to finance a portion of the costs. Availability and terms of financing from a lender are usually dependent upon the general availability of financing, the credit-worthiness of the franchise owner, other security, and the lender’s policy regarding franchising.
INITIAL INVESTMENT |
LOW ESTIMATE |
HIGH ESTIMATE |
|---|---|---|
| Furniture, Fixtures, Equipment & Signage | $90,000 | $150,000 |
| Leasehold improvements | $35,000 | $150,000 |
| Opening Inventory | $7,000 | $10,000 |
| Permits & Fees: Architectural, Design & Deposit, Liquor License | $7,500 | $15,000 |
| Working Capital | $10,000 | $50,000 |
| Opening Advertising | $5,000 | $5,000 |
| Professional Fees | $2,000 | $5,000 |
| Training Expenses | $4,000 | $7,500 |
| Franchise Fee | $35,000 | $35,000 |
| INVESTMENT RANGE | $195,500 | $427,500 |
Typical size of Hot Harry’s Fresh Burritos® restaurant is from 1,500 – 2,500 square feet. Rent for a leased restaurant is estimated to be between $3,000 and $6,000 per month depending upon factors such as size, condition and location of the premises.
5. FAQ
How do I get started?
Fill out the interest form at the top of this page. Once we receive it, and we’ll have a conversation and send you a full application. Upon application review, we will contact you to set up a visit with us for a half-day at our corporate headquarters in Springfield, MA.
How much is the franchise fee?
The franchise fee is $35,000, which is paid when you execute your franchise agreement.
Is there an application fee?
No. If your application is not approved, you owe nothing.
How much are the royalties?
The current royalty fee is 5% of your gross sales.
Will you help me get my store open?
Yes. We have a team of professionals that can assist with site selection, design and layout, financing and equipment, fixtures and signage. We also provide an extensive training program and will be present to help you at your Grand Opening.
Where do i get the products I serve?
Our corporate purchasing organization will provide you with the list of approved vendors for most of the product offering. The company is leveraging its buying power for the benefit of the Franchisees and the consistency and quality of then menu.
How do I select the right stuff?
Location, Location, Location. We have site selection partners that will assist you in finding the correct location. One of your management team members will come to your area and approve your site. We feel an ideal location is approximately 1,700 square feet.
What are the average sales and profit levels?
We wish we could tell you. The truth is we can’t discuss the numbers with you, but you are welcome to contact any and all of our current franchisees to ask them to share that information.
Is there a training program?
Yes. We provide a 14 day training program at our corporate stores and then send our training team to you for 7 days to assist in getting your store open and in lending Grand Opening support. We do not charge for training, but you must pay the travel, lodging, food and wage-related expenses for you and your employees during the training sessions.