Franchise Facts Info - Symposium Cafe franchising opportunity
- Brand established in 1996
- Number of Franchise Locations: 22
- Sales Range of existing Franchise locations $1,100,000 to $2,500,000
annually
- Initial Franchise Fee: $50,000 (Not included in purchase price)
- Royalties: 5%
- Advertising: 2%
- Estimated Total Capital Cost (build out): $625,000 - $675,000
- Estimated Other Store Opening monies needed; $85,000 - $130,000
- Average Restaurant Size: 95 seats indoors; 40 seats patio (3100 sq. ft.)
- Cash or Liquid Assets Required (unencumbered): $300,000 to $325,000
- Bank Financing Available Upon Approval: Up to $350,000 Small Business Loan
- Training: 3 Months for up to three individuals
- Initial Support: 10 Weeks store opening Transition Tutor full time at restaurant
- Ongoing Support: Several visits per week in first year of operation
- Number of Employees needed: 25-40 (full and part time)