🍟 10/20/2022 – The Top Franchise Under A $100K Investment
FRANCHISES OF THE WEEK
1) Soccer Stars
Fast Facts
Background
- Founded in 2000, franchising since 2022
- Based in New Jersey; 13 locations open
- A franchise providing youth soccer programs
Fees + Investment
- Royalty: 8%
- Brand Fund: $200/month
- Franchise Fee: $49,500
- Initial Investment: $68,100 – $89,100
Financial Performance
The Wolf’s Take 🍟
This franchise is hot off the press, as they’ve only just begun franchising in the last month!
The franchisor is far from inexperienced however, as the brand was founded in 2000, and the owners of the brand today are Youth Athletes United. If you’re an avid listener of the Franchise Empires podcast, you’ll remember I spoke with the founders of YAU, Adam Geisler, and John Erlandson.
Adam and John have created a private equity backed platform that is a multi-brand franchisor. Each brand under the YAU umbrella is a children’s business that uses sports programs to helps kids build character, stay active, and make friends.
Because they have multiple brands, they’ve been able to invest more resources into technology for franchisees that make operating the business more efficient. They also are able to help franchisees cross-sell customers between their synergistic but non-competitive brands.
The numbers on this brand’s 13 corporate locations are clearly impressive – an $89K investment that can yield up to $615k in profit? Sign me up! But beyond that, the franchisor is run by two highly competent, passionate, and genuinely good guys!
Check this brand out if you want to run a good business and make an impact!
Resources
2) Rooster & Rice
Fast Facts
Background
- Founded in 2016, franchising since 2021
- Based in California; 10+ locations open
- A fast casual restaurant offering healthy and clean asian recipes
Fees + Investment
- Royalty: 5%
- Brand Fund: 0%
- Franchise Fee: $35,000
- Initial Investment: $352,600 – $520,000
Financial Performance
The Wolf’s Take 🍟
Rooster & Rice is fast casual concept known for their signature dish “Khao Mun Gai”. In their own words, Khao Mun Gai represents the best of asian street food culture, and translates to “oily rice with chicken”.
The concept was developed by Chef Charoen and co-founder Bryan Lew in 2016. In 2018, they teamed up with the former founders of the food delivery app Caviar (acquired by tech giant Square in 2016), to help fine tune the model for franchising.
Their menu is 100% chicken and rice based, and they’re operating in what is an under-penetrated Asia QSR market. Other than Teriyaki Madness, there are few big names in this space.
While the business looks to have been bouncing back in 2021 after Covid, you can see from their numbers in 2019 that they were doing a very impressive ~$1.3M in average revenue.
If you’re looking for a fast-casual concept with few competitors, this looks like a great option!
Resources
FROM THE POD
Crumbl Co-Founder
Crumbl has taken over the nation since being founded in 2017. They have 626 stores open today, and will do over $1 billion in system-wide revenue this year.
In my conversation with Jason McGowan, we talk about it all:
- Are cookies a fad?
- Building a billion dollar brand in 5 years
- Growing to 10.5M+ social media followers
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