FAQs About Franchising with NrGize
Depending on the size and type of location the franchise fee for your first franchise can range from $7,500 to $30,000. The build-out of your restaurant (traditional location) can range from $98,650 to $341,050* depending on the size and type of location. We also suggest that you have in reserve $15,000-$30,000 for operating expenses until your business is up and running.
*More detailed investment information is available in the Franchise Disclosure Document (FDD).
To purchase an NrGize franchise, you will need a credit score of 680, a net worth of $250,000, and the required liquid capital of $100,000.
If I don't meet the financial or operational criteria to become a franchisee, can I partner with someone who does?
Yes, you can. As long as your partner owns at least 50% of your organization, this is acceptable.
No, NrGize does not offer financing although we have a broad list of recommended lenders we can share with candidates.
Continuing Royalty Fee is equal to the greater of 6% of weekly gross sales or $150.00 (traditional location).
The NrGize team will guide you through all phases of the site selection, construction, training, grand opening and ongoing processes for marketing and operations.
Yes, you will have a market manager that will help you with all of your marketing needs. Your manger will also help you identify marketing opportunities in your specific location.
Building sales takes effort on many different levels - from running your business with monitored food costs, to strong operations, to local store marketing, to most importantly ensuring that you give every customer a reason to return. Increasing sales takes diligent effort in all areas of your business.
Prior to opening, you will receive 16 hours of in-store training in one of our training stores. Upon completion of your in-store training, you will spend five days at the Kahala Training & Education Center in Scottsdale, Ariz.
There are five main steps to owning a franchise:
- Complete Your Application
- Sign Your Franchise Agreement
- Secure Your Location
- Build & Outfit Your Store
- Open Your Store
Please visit our franchise inquiry page or contact our franchising department directly by contacting:
Keith Biczo · 480-362-4930 · email@example.com
The information on this website is for informational purposes only and is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise; nor is it directed to the residents of any particular jurisdiction. The following states currently regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington and Wisconsin. If you are a resident of one of these states, we will not offer you a franchise until we have completed the applicable registration or obtained the exemption from registration, and completed the applicable disclosure requirements. Regardless of what state you reside in, an offering can only be made by a franchise disclosure document. In addition, several countries regulate the offer and sale of franchises.