The franchise fee for first location is $32,000 for a 10, 15 or 20-year franchise term, and stores #2 and beyond are reduced 50% to $16,000 each. .
At present, the Royalty is 5% of your sales, plus 3% for local advertising and 1% for national marketing fund.
If a build-to-suit arrangement with a landlord is made, the cost to open a new Wienerschnitzel can range from $250,000 to $450,000. If you lease a building space or develop raw land, your build-out cost for survey, permits, site improvements, equipment and construction can often range from $482,900 – $1,340-500 all-in. *Please see more information on “Initial Investment” in Franchise Overview section of this virtual brochure.
$600K net worth, with $250k liquid cash available towards Wienerschnitzel development. This net worth and liquidity requirement may be met by combining the financial worth of two or more partners. Should you seek 3rd party financing, it is possible to assume a bank will expect you to invest as much as 33% of your own funds towards the project, plus 100% of intangibles such as architect plans, site surveys, permitting, and construction labor to name a few.
Wienerschnitzel franchise licenses are available in most areas of AZ, CA, CO, LA, NM, NV, OR, TX, UT and WA. Other Mid-West and Southern states will be considered for new territory development, if the prospective franchise candidate is an existing, qualified operator capable of opening a new multi-unit market plan.
Once you have been awarded a franchise license from GGI, you are provided a detailed Site Selection Handbook and are responsible for securing your own real estate. You will also work closely with our Real Estate department to consider new locations, in addition to local commercial real estate brokers familiar with your specific geographical area.
You are responsible for the architect, permitting, procurement, construction and build-out of your Wienerschnitzel restaurant. We provide a detailed Construction Procedures Manual, and have full-time Construction Department resources to help stay on track.
Individuals with restaurant operations experience is required, but GGI will consider other professionals who have business ownership or high level retail or management experience.
A comprehensive eight week Training Program addressing all facets of running a Wienerschnitzel restaurant is provided for the owner and designated General Manager. The classroom and in-store, hands-on training culminates with certification testing at conclusion of course. Training is to be completed within 6 months prior to opening. In addition, GGI provides on-site grand opening support, including training assistance with new employees.
GGI, stands for “Galardi Group, Inc.”, the parent company of Wienerschnitzel. The “Galardi” in Galardi Group, is acknowledged to John Galardi, the founder of Wienerschnitzel.
Please complete contact information request form on next screen to open the rest of the franchise brochure. Here, you will gain much more in-depth understanding of Wienerschnitzel, and have many questions answered. We will respond with more information, but encourage your inquiry if you have top-line questions to get started: email@example.com
GGI is committed to providing an open-ended opportunity to learn more about Wienerschnitzel franchise business ownership. Single and multi-unit candidates with an individual or partnership net worth of $600k, and liquid assets of $250k are encouraged to continue through our journey of discovery.
The ‘World’s Most Wanted Wiener’ never looked so good.