Requirements and Fees
Financial Requirements
Huddle House requires a minimum net worth of $600,000 and minimum liquidity of $300,000 for development of new restaurants. For purchasing existing restaurants, these requirements may be lowered depending on the specific situation.
In planning your financial requirement for investment, you should consider the current lending environment, and that most lenders will require a cash infusion into the project of between 20% and 30% of the total project cost.
Experience
Previous business and restaurant experience are preferred and the person in charge of Operations should have restaurant general management experience relative to the number of restaurants you wish to develop.
Fees
Franchise Fee: $25,000 ($20,000 under Development Incentive Program)
Royalty: 4.75%
Advertising: 1.5%
Agreement
15-year term with three five-year renewals