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Thursday
May272010

Young Chefs Academy Franchise

Children's cooking school

Start-up Costs & Franchises Fees

What is the total cost to open a Young Chefs Academy Franchises?

Total Cost: $57,300-$116,500
Total Franchise Fees: $29,500
Ongoing Royalty Fees: $395/month
Ongoing Advertising Fees: Not Available
Term of Agreement: 10 years

Contact Information for Young Chefs Academy

Young Chefs Academy
1404 S. New Rd.
Waco, TX
76708

Phone Number: (254)757-1554
Fax Number: (254)751-9034

Franchise Homepage:

Historical Expansion

In what year did Young Chefs Academy begin operations? 2004
When did Young Chefs Academy begin selling franchises? 2005

Year United States Canada International Corporate
2006 23 0 0 0
2005 1 0 0 0

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No Yes
Initial Start-up Capital No Yes
Plant, Property, and Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
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
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