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Liquid capital required
|
$80,000
|
Net worth required
|
$250,000
|
Investment
|
$331,150 - $546,950
|
Franchise fee
|
$27,500
|
Royalty
|
6.0%
|
Offers Financing
|
Yes
|
Units in operation
|
4
|
Founded
|
2006
|
Franchising Since
|
2009
|
The capital required to open a unit is $80,000. The franchise expects its new franchisees to have a net worth of at least $250,000. A royalty payment of 6% is paid from unit owners back to the franchise. $331,150 is the minimum that Big Al's Steaks expects its owners will need to invest in a new location. $546,950 is the maximum that someone opening a location should expect to invest. The franchise fee to open a Big Al's Steaks unit is $27,500. This franchise was established in 2006. The company began expanding via franchising in 2009. Today, the location count for this franchise has reached 4.
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