Barry's Cheesesteaks
About Barry's Cheesesteaks
Offers franchises to operate a quick-serve restaurant offering
authentic Philly Cheesesteaks, burgers and wings, as well as the
opportunity offer catering and/or delivery where appropriate designed by
Barry s Cheesesteaks under the trade name Barry s Cheesesteaks and
More. The franchisor offers 2 purchase options: a Single Unit Franchise
or a Multi-Unit Development Agreement, under which you must open a
minimum of two locations within a specified period of time. The total investment necessary to begin operation of a single unit Barry s Cheesesteaks and
More franchised business is between $223,262
and $427,267. This includes between $30,000 and $40,000 that must be
paid to the franchisor or its affiliate(s).
If you enter into a Multi-Unit Development Agreement to develop at least
two outlets, when you sign the Multi-Unit Development Agreement you
will pay a development fee equal to 100% of the initial franchise fee of
$30,000 for the first outlet to be developed, plus a deposit equal to
50% of the reduced initial franchise fee for each additional outlet to
be developed under the Multi-Unit Development Agreement. The total
estimated initial investment under a Multi-Unit Development Agreement
for two outlets, including the costs to build and equip the first outlet
is $235,762 to $439,767. This includes $42,500 to $52,500 that must be
paid to the franchisor and/or its affiliates.