Our top-performing remodeled franchise locations averaged a million dollars in annualized unit volume, according to our latest FDD.
Huddle House is proud to announce a big milestone we’ve achieved in our last 12 months in business: Our diner restaurant franchise surpassed the million-dollar mark on our Annualized Unit Volume (AUV).
The $1 million AUV milestone is a significant benchmark sought out by experienced restaurant operators. In our case, it represents the last several years of hard work by both the leadership team as well as the franchisees themselves.
Big numbers, big opportunity
We saw a near-immediate effect on restaurant sales when we introduced the Evolution remodel to Huddle House restaurants. Evolution gave our diner franchise a modern makeover with a new building prototype, contemporary furniture, LED lighting and updated menu offerings. Franchisees who adopted the Evolution design saw averages sales increases of over 30% compared to non-Evolution locations.
Our benchmark AUV is included in Item 19 of our 2018 Franchise Disclosure Document (FDD), which was filed in August. The top 50% of our Evolution franchised locations experienced an AUV of $1,002,796, which is 31% higher than our non-Evolution design franchised locations.
A diner restaurant franchise worth a closer look
The 2018 FDD includes data collected from 177 Evolution locations, 89 of which were in the top 50%. In addition to high sales, we show that our top performing stores can also achieve that all-important 40% gross margin number. That’s the gross profit after food, paper and labor costs, and it’s an important marker that experienced restaurateurs look for in a worthy investment.
Other details from the last fiscal year provide even more insight into our past financial performance. Qualified candidates can receive a free copy of our FDD by filling out the form on this page.
Huddle House is a 52-year-old brand with roots in the Southeast. Customers love our “Any Meal. Any Time.” philosophy and our delicious food served from the heart. Breakfast comprises more of our sales than any other day part, and with the relatively low cost of breakfast menu items, franchisees have an opportunity to earn bigger profit margins.
We’ve been expanding our presence in recent years beyond our core markets, and still have many prime territories available.
Open a Huddle House