Perkins Restaurant & Bakery is a family-style restaurant offering a wide variety of moderately priced meals. The franchise serves breakfast, lunch, and dinner with an emphasis on comfort food and baked goods.
Key Insights
- Perkins Restaurant & Bakery has a long-standing history as a familiar dining destination, evolving to meet changing consumer preferences while maintaining its core appeal of offering comforting food and a welcoming atmosphere. The business has a proven operational model that focuses on providing a consistent dining experience across its locations.
- The franchise operates as a casual dining establishment, serving a diverse menu of breakfast, lunch, and dinner options, alongside a selection of baked goods. Perkins Restaurant & Bakery emphasizes a family-friendly environment and a commitment to customer service, contributing to its enduring presence in the market.
- Perkins Restaurant & Bakery operates within the broad casual dining and family restaurant sector, a segment of the food service industry that caters to a wide demographic seeking convenient and affordable meal solutions. This sector is characterized by a demand for reliable quality and a consistent brand experience.
Franchise Fee and Costs to Open
Exploring the financial picture of Perkins Restaurant & Bakery gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $726,715 - $3,454,465, along with a franchise fee of $15,000 - $40,000.
Financial Performance and Revenue
Yearly gross sales of $1,935,846 and estimated earnings of $135,510 - $193,585 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 13.2-15.2 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Perkins Restaurant & Bakery provides comprehensive training for new franchisees. Initial training is a [duration] program conducted at the Perkins corporate headquarters. The franchisor offers a robust support system, including access to operational manuals and ongoing guidance. Perkins Restaurant & Bakery recommends utilizing these resources for operational success.
Legal Considerations
Legal considerations for a Perkins Restaurant & Bakery franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
A Perkins franchisee might encounter considerations related to the intensity of local dining options, requiring strategic differentiation to capture market share. The intricacies of managing a full-service restaurant and bakery operation, encompassing staff training and inventory control, demand diligent oversight. Additionally, ensuring consistent access to the specific ingredients and bakery supplies vital to the Perkins brand presents another area for careful planning and supplier relationship management.
Franchise Datasheet
FAQs
What is the minimum cash required to open a Perkins Restaurant & Bakery franchise?
How can I estimate the profitability and return on investment (ROI) of a Perkins Restaurant & Bakery franchise?
What is the franchisee fee for a Perkins Restaurant & Bakery franchise?
How to open a Perkins Restaurant & Bakery franchise?
How many locations does Perkins Restaurant & Bakery have?
Get insider access to franchise insights
Subscribe to receive expert tips, franchise rankings, and exclusive data straight to your inbox, trusted by thousands of aspiring business owners and investors.
Franchise resources & insights
Explore expert guides, data-driven articles, and tools to help you make smarter franchise decisions, whether you're just starting out or ready to invest.
