…for One or More Restaurants
The decision to invest, build and run one or more restaurants is a significant milestone in a life.
Hwy 55 has a strong track record of guiding both newcomers and those with restaurant industry experience, including over 50 of our own owners who started as minimum wage associates.
Franchise Agreement Term: 10 years, including two five year renewals
You won’t pay any additional fees if you choose to renew
Royalty: 5% of Gross Sales (less sales tax)
Franchise Fee (Single Restaurant): $25,000
Investment Range per Restaurant
Approximately $196,855 to $396,055 per location.
These estimated are based on over 20 years of experience operating Hwy 55 restaurants. They include your franchise fees and are primarily dependent on your restaurant location, size and build-out of each location.
Hwy 55: 2016 Franchisee Satisfaction Survey
Discover how Hwy 55 franchisees rate the company across critical areas such as culture, values, training, support, marketing, operations, communication, franchisee/franchisor relations, financial opportunity and overall satisfaction.
Your franchise fee is calculated on a sliding scale depending on the number of restaurants you wish to develop.
First Restaurant: Total $25,000, plus deposits for your second and third restaurants*
* Second Restaurant: Total $20,000 (Terms: $12,500 deposit; $7,500 balance upon signing)
Third Restaurant: Total $15,000 (Terms: $12,500 deposit; $2,500 balance upon signing)
For example, your franchise fees to invest in three restaurants would look like this:
- Upfront fees and deposits: $50,000 due on agreement signing
- Due upon signing second and third restaurant agreements: $10,000
- Average franchisee fee for 3 restaurants: $20,000 each
Note: Initial training for up to 3 people per restaurant is included in the above fees
National Marketing Fee: 1% of Gross Sales (less sales tax).
Local Marketing: Recommended investment of an incremental 2% of Gross Sales (less sales tax) on local store marketing in your community.