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HomeFood TruckRooster Man! Franchise Value Value $817K Minimal Funding?

Rooster Man! Franchise Value Value $817K Minimal Funding?


The take-out fried rooster market is anticipated to achieve $9.85 billion in worth by 2030. If the longterm prospects of this business curiosity you, a brand new franchise it’s possible you’ll wish to have a look at is Rooster Man!

Rooster Man!, based by TV and Meals character Man Fieri and restaurateur Robert Earl, is a sequence of fried rooster eating places that serve rooster tenders, rooster sandwiches, and an entire lot of attention-grabbing sauces. They’ve been round since 2018 and are open for franchising.

How a lot does it price to open Rooster Man!? To open this fried rooster chain, you possibly can anticipate the funding vary from $817,500 to $2,552,500 with a franchise charge of $20,000.

Carry on studying under to know extra about Rooster Man! and if it’s a worthy funding. You too can take our 7-minute franchise quiz to be matched with a rooster franchise that matches your objectives and funding stage.

Monetary Necessities and Charges

Charges / Bills Monetary Quantity
Whole Funding $817,500 to $2,552,500
Franchise Payment $20,000

Rooster Man! gives two choices once you franchise with them: 1.) an in-line, finish cap, or drive via restaurant or 2.) a nontraditional restaurant.

An in-line, finish cap, or drive via restaurant is a location the place you’re located in a single constructing and you would be beside one other enterprise (in-line) or on the nook or far finish of the constructing (finish cap). Drive via is the place vehicles can cross by a window and place their orders.

A nontraditional restaurant is outlined as a location that’s larger in dimension and has extra seating capability. Right here is the breakdown of bills for each choices:

Sort of Expenditure Quantity: In-line, Finish Cap or Drive Via Quantity: Nontraditional Restaurant
Preliminary Franchise Payment $20,000 $20,000
Utility Payment $30,000 $30,000
Grand Opening Required Spending $7,500 $3,000
Leasehold Prices and Constructing and Website Enhancements $400,000 to $1,900,000 $600,000 to $1,200,000
Furnishings, Fixtures and Gear $180,000 to $250,000 $180,000 to $250,000
Signage $25,000 to $75,000 $25,000 to $75,000
Level of Sale System $15,000 to $25,000 $15,000 to $25,000
Know-how $15,000 to $25,000 $15,000 to $25,000
Graphic Objects $30,000 to $60,000 $30,000 to $60,000
Skilled Charges $5,000 to $10,000 $5,000 to $10,000
Preliminary Supervisor Coaching $15,000 to $25,000 $15,000 to $25,000
Pre-Opening Prices $15,000 to $25,000 $15,000 to $25,000
Extra Funds – 3 months $50,000 to $75,000 $50,000 to $75,000
TOTAL ESTIMATED INITIAL INVESTMENT $817,500 to $2,552,500

As well as, Rooster Man expenses a royalty charge of 6% of the product sales and a weekly advertising obligation charge that’s at the moment 4% of the product sales. For veterans, there’s a low cost of $5,000 off the applying charge.

Common Gross sales / Income per Yr

There was no official report on how a lot Rooster Man makes in income yearly. Have in mind that is nonetheless a really new idea with nonetheless lower than 20 items on the time of writing. In accordance with business information, the typical income of a rooster restaurant in the US is $1.5 million per yr. Nonetheless, this quantity can range extensively relying on the dimensions, location, and model of the restaurant. For instance, a small, unbiased rooster restaurant in a rural space might have a mean income of solely $500,000 per yr or much less.

To reveal the potential upside of a rooster restaurant, the main chicken-focused QSR chains when it comes to gross sales per unit per yr are and Chick-fil-A at $5.01 million common annual income per unit and Elevating Cane’s at $3.85 million yearly.

Rooster Man! Franchise Info

Whole Models 12
Integrated Title Rooster Man!
Franchising Since 2019
Business Meals
Subsector Fried Rooster

Rooster Man! is the mind little one of two personalities within the meals TV scene: Robert Earl and Man Fieri. Earl is thought for being the founding father of Planet Hollywood and Earl of Sandwich whereas Fieri is thought for internet hosting Diners, Drive-Ins and Dives and Man’s Huge Chew. The 2 heavyweights got here collectively to create a rooster restaurant idea referred to as Rooster Man!.

Rooster Man! boasts of serving up rooster tenders which can be antibiotic free, brined, and pressure-fried. They serve them as sandwiches as nicely. The perimeters embody fries, slaw, pickle chips, and mac n cheese. However the stars of the menu are the 22 distinctive sauces highlighted under:

  • Particular Sauce
  • Donkey Sauce
  • Ranchero
  • Curry Mayo
  • Wasabi Honey
  • Cumin Lime Mojo
  • Garlic Parmesan
  • Avocado Crema
  • Bourbon Brown Sugar BBQ
  • Buffalo
  • Bleu Cheese
  • Lemon Pepper
  • Buttermilk Ranch
  • Honey Mustard
  • Teriyaki
  • Candy n Bitter
  • Chipotle Ranch
  • Nashville Scorching Honey
  • Peri Peri
  • Habanero Scorching Sauce
  • Spicy Mayo
  • Candy Sriracha BBQ

There’s plenty of sauce at Rooster Man.

Rooster Man! is open franchising and it’s possible you’ll contact them by filling up the shape right here. The dimensions of their conventional eating places (finish cap, in-line, and drive-thru) is 70 to 110 sq. m or 800 to 1200 sq. ft whereas their nontraditional eating places are 180 to 220 sq. m or 2,000 to 2,500 sq. ft. The corporate headquarters is positioned in Florida.

How A lot Does Rooster Man! Make in Revenue?

There aren’t any official numbers to current how a lot Rooster Man! makes in revenue as of the time of this writing. As talked about earlier it is a new idea with no lengthy observe file.

Benefits of a Rooster Man! Franchise

There are numerous benefits you possibly can sit up for once you determine to open a Rooster Man! franchise. Listed here are just a few you possibly can anticipate.

Backed by Skilled Meals Fans

A meals enterprise can fail when those brainstorming or operating it are often inexperienced. Fortunate for Rooster Man!, they’re run by two skilled meals personalities Fieri and Earl. They each know what idea they wish to promote to the general public and what could be thought of scrumptious to their clients. So there’s a excessive probability that Rooster Man! will reach the long term because of the experience of those operating the enterprise.

You May Like: How A lot Does it Actually Value (w/ Charges) to Open a KFC? 

Menu

As talked about above, Rooster Man’s menu consists of rooster tenders and rooster sandwiches. Although every menu differs by location, the rooster tenders and sandwiches are largely the regulars. The sauces are additionally obtainable (although some areas supply lower than 22). The quite a few decisions on their menu can have clients coming again for extra to check out the whole lot.

And order at Rooster Man.

Easy

Rooster Man’s idea is fairly easy attributable to a menu that’s extraordinarily targeted. It’s a no-frills enterprise that even the franchise boasts it’s straightforward to run.

Challenges of a Rooster Man! Franchise

Companies will all the time have challenges. Listed here are a few of them that you would be able to anticipate once you franchise Rooster Man!:

Too Easy + Competitors

We did point out above that one of many good issues about Rooster Man! was as a result of it was a easy enterprise. However it may be too easy that you just may surprise, what edge does it have in opposition to different franchises which have much more areas and are globally well-known? Buffalo Wild Wings sells fried rooster and are additionally well-known for his or her sauces.

Restricted working historical past. Rooster Man! is a comparatively new franchise with only some areas open. Which means there may be restricted working historical past to trace the efficiency of the enterprise like income and profitability. This may make it tough to foretell how profitable a Rooster Man! franchise shall be in the long run in 5 – 10 years from now.

Dependence on a single superstar. The Rooster Man! model is closely related to superstar chef Man Fieri. If Fieri had been to lose his reputation or grow to be concerned in a scandal, it may injury the Rooster Man! model and damage the enterprise. We’ve seen this occur earlier than with spokespersons from manufacturers like Subway.

Excessive preliminary funding price. The preliminary funding price for a Rooster Man! franchise is between $817,500 and $2,552,500. As a comparability, you would spend money on a Dave’s Scorching Rooster idea beginning at $626,300, which is about 23% lower than the beginning worth of a Rooster Man! Just be sure you have the monetary sources to assist it earlier than you spend money on any franchise idea.

Rooster Man! must proceed arising with new and completely different gadgets frequently to maintain their clients .

Is the Rooster Man! Franchise Proper For You?

Rooster Man! seems to be to be a decently priced franchise. As compared, KFC’s franchise charge is $45,000 and Popeye’s is $50,000. Chick-Fil-A’s is $10,000 however then the royalty charge is 15%. Rooster Man’s franchise charge is at $20,000 with a royalty charge of 6% so it’s proper within the center in opposition to all different rooster franchises. So if this suits your funds then Rooster Man is the franchise for you.

Rooster tenders at Rooster Man.

What’s another Rooster Man! franchise?

You may additionally wish to take a look at Dave’s Scorching Rooster. They’re a preferred rooster place that’s identified for promoting rooster tenders with completely different ranges of spiciness with the Reaper being the most well liked. They’ve been round since 2017 beginning as a pop up however they’ve grown to greater than 70 areas in lower than 10 years.

To franchise Dave’s Scorching Rooster, anticipate the funding to be round $626,300 to $1,413,500 with a franchise charge of $40,000. Try our full information in franchising Dave’s Scorching Rooster right here.

If you happen to’re deciding in franchising Rooster Man! I hope this information provides you an unbiased view of this restaurant chain.

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