The restaurant business is a very promising industry you could enter. If you’re interested in buying a Baskin-Robbins franchise , you’ll need to meet their minimum requirements. Financial requirements vary according to your location and the type of Baskin-Robbins store you’re interested in buying (either a traditional storefront or a non-traditional location, like a kiosk). But at a minimum, you’ll need to have $100,000 in liquid assets and $200,000 net worth per unit. When you apply, Baskin-Robbins will also evaluate your resume to ensure you have sufficient relevant experience. If you meet their requirements, they’ll send along a franchise disclosure document (FDD) for your consideration.
If your events involve pre-made foods or a buffet, you are guaranteed leftovers, and if your managers are nice and let you split it up, you’ve got your meals for the week. Usually, most restaurants give great discounts for on-shift meals. Even off-shift discounts tend to be around 20% off for you and the rest of your group, meaning that your friends will love you.
Our Restaurant and Franchise Finance team has successfully navigated hundreds of unique financing transactions within the industry â€” from sophisticated, broadly syndicated acquisition financings to bilateral credit facilities. Our clients turn to us for accumulated industry knowledge and creative solutions for financings of new restaurant concepts, large franchisee groups and internationally recognized brands.
Being online means many things for restaurant owners, including social media and text messaging-basedÂ marketing strategies.Â It also means having a website or blog that looks great on mobile devices and works well. Yet even more so, this means developing a customized mobile app for restaurants.
The restaurant industry has lost $120 billion in sales during the last three months due to stay-at-home orders and dining room closures following the novel coronavirus pandemic, according to research from the National Restaurant Association The restaurant market experienced the most significant sales and job losses of any industry during Q1.