🍟 11/2/2023 – Impressive Restaurant and Home Services Franchise
FRANCHISES OF THE WEEK
1) The Flying Biscuit Cafe
- HQ: Atlanta, GA
- Founded in 1993, franchising since 2006
- The Flying Biscuit Cafe is a Southern-inspired restaurant known for its comfort food and signature flaky biscuits
- Royalty: 5%
- Brand Fund: 2%
- Franchise Fee: $45,000
- The below table discloses information on 16 Franchised Restaurants that were open and operating from January 1, 2021 through December 31, 2021
The Wolf’s Take 🍟
The Flying Biscuit isn’t throwing off eye-popping numbers, but it does have an average unit volume that is about 2.05x higher than their investment midpoint.
For restauranteurs in the franchise game, there aren’t too many concepts specializing in brunch and breakfast.
I interviewed the co-founder of a competitor to Flying Biscuit, Biscuit Belly’s Chad Coulter, who talked about the breakfast business.
If you’re interested in learning more, check out their website below!
2) The Glass Guru
- HQ: Plano, TX
- Founded in 2004, franchising since 2007
- The Glass Guru specializes in glass restoration, repair, and replacement services, catering to residential and commercial clients
- Royalty: 5%
- Brand Fund: 3%
- Franchise Fee: $19,450 – $45,000
- The below table discloses information on 69 franchised outlets that were in business for 12 months or more, and which also had 12 full months of reported Sales data for calendar year 2021
The Wolf’s Take 🍟
After a dip in franchise territories during covid, The Glass Guru appears to be back on the rise.
While they’ve yet to have a big breakout in growth, it’s a franchise that’s been expanding since 2007 and has shown durability and staying power over the years.
Franchisees are also performing at a healthy level, with an average revenue that is 3.45x higher than the highest end of the initial investment.
Aspiring non-brick & mortar franchisees can check out The Glass Guru via the link below!
FROM THE POD
Eric Van Horn – The Franchise Secrets Podcast
This episode was actually a dual-recording that Eric also repurposed for his own podcast, which is why in the conversation he is largely asking me the questions (a nice change of pace for me).
If you want to hear our conversation on the franchise industry, check it out here!
Disclaimer: This Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.
All Content in this email is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the email constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content in this email before making any decisions based on such information or other Content.