Arby's Franchise
Sunday, January 31, 2010 at 02:48AM Quick-service sandwich restaurants specializing in roast beef sandwiches
Forrest and Leroy Raffel started their food-service consulting firm, Raffel Brothers Inc., in the '50s but were soon thinking about starting their own restaurant. On a rainy night, the brothers found inspiration--roast beef sandwiches. In 1964, the first Arby's ('RBs,' for 'Raffel Brothers') opened in Boardman, Ohio.
The original Arby's menu consisted of roast beef sandwiches, drinks and chips. Eventually other sandwiches, French fries, meals for kids and light choices were added to the menu.
Start-up Costs & Franchises Fees
What is the total cost to open a Arby's Franchises?
Total Cost: $333,700-$2,300,000 USD
Total Franchise Fees: $37,500
Ongoing Royalty Fees: 4%
Ongoing Advertising Fees: 1.2% nat'l 3% local
Term of Agreement: 20 years
Franchise Agreement Renewal Fee: 10% of current franchise fee
Contact Information for Arby's
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Arby's |
Phone Number: 615-496-1169 |
Arby's In the Press
No results at this time.Historical Expansion
In what year did Arby's begin operations? 1964
When did Arby's begin selling franchises? 1965
Year United States Canada International Corporate 2005 3094 125 9 233 2004 3088 126 9 235 2003 3030 130 20 239 2002 3205 128 26 0 2001 3175 128 35 0
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No Yes Payroll No Yes
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Franchise Operation Restrictions
Absentee ownership of franchise is allowed.
Qualifications & Business Experience
Business Experience:
Industry experience General business experience Sales & marketing experience
Jason Rager's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must use my system to receive these benefits and so much more. Click here.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes