It’s difficult to say what independent owners spend to open their doors, but within our franchise system, we’ve developed a comprehensive investment breakdown that helps potential investors plan ahead. Depending on the concept you choose, we estimate that it will cost between $519,935-$1,338,075 to open a new Huddle House franchise. Take a closer look at some of our franchise costs below!
Many Options to Choose From
The amount you may ultimately spend on your new franchise will depend on factors such as:
- Where will your restaurant be located?
- Will you purchase your location outright or lease?
- Will you build from the ground up or renovate an existing building?
- Will you open a freestanding location or set up shop in a hotel or travel stop?
As you research how much it costs to open your own restaurant, we will also provide a few key considerations to keep in mind. When you contact Huddle House, we’ll take these details into account to help generate a sounder estimate of what you can expect to spend. We base our estimates on over five decades of experience opening new restaurants. Independent owners, on the other hand, have only their judgment to rely on.
Real Estate Costs
One of the most significant expenses related to opening a new restaurant is real estate. Not only do you need to take monthly rent into account (should you choose to lease), but you also need to plan to build out your location so that it will best meet your needs. We estimate that Huddle House franchisees will spend up to $24K in rent over their first three months and up to $723K in improvements.
How much it costs to open your own restaurant can depend highly on whether you choose to lease or own the space outright. Another advantage of partnering with Huddle House is that we welcome our franchisees to build their restaurants on land they already own. It’s a great way to reduce real estate costs over time while leveraging resources you control! Of course, we support our franchisees throughout the building process regardless of their path, providing them with plans and guidance to ensure their new restaurant is consistently up to our standards. Independent owners, on the other hand, are forced to go it alone.
All the Small Things
Other essential costs to keep in mind are the seemingly little things that can add up, like smallware, uniforms, and all opening inventory. We estimate that our franchisees will spend up to $54K in this area alone. Because we control our own supply chain, it’s easier than ever for franchisees to get what they need for low prices – a benefit they, in turn, pass on to their customers! We always work with franchisees to ensure that they haven’t overlooked anything as they equip their new restaurant.
If you’re wondering how much it costs to open your own restaurant, contact Huddle House today! We’ll be happy to give you a more specific breakdown of how much you should expect to spend any time!