Savvy Sliders is a restaurant selling sliders, wings, fries, beverages, and related items for carry-out, dine-in, catering, or delivery. The franchise focuses on quick, casual dining with flavorful food.
Key Insights
- Savvy Sliders began with a strategic focus on creating sustainable business practices that benefit all stakeholders, including customers, franchisees, and communities, while establishing systems that support long-term growth and operational excellence across multiple markets.
- Service delivery combines convenience and accessibility with nutritional transparency and ingredient education, helping customers make informed dining choices while providing quick, satisfying meals that meet diverse lifestyle needs and dietary preferences in welcoming environments.
- Urbanization patterns increase demand for convenient services that save time and effort for busy consumers, creating opportunities for businesses that can provide efficient, reliable service delivery while maintaining quality standards and customer satisfaction.
Franchise Fee and Costs to Open
Exploring the financial picture of Savvy Sliders 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 $587,833 - $1,071,500, along with a franchise fee of $35,000 - $35,000.
Financial Performance and Revenue
Yearly gross sales of $1,048,629 and estimated earnings of $125,836 - $157,295 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 6.4-8.4 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
Savvy Sliders provides comprehensive initial training to new franchisees. This program covers essential operational aspects and brand standards. The intensive training lasts for two weeks and is conducted at the Savvy Sliders headquarters. Franchisees are offered ongoing support and access to a range of resources designed to assist with their business launch and development.
Legal Considerations
Legal considerations for a Savvy Sliders 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 Savvy Sliders franchisee might consider the dynamic nature of local competition, requiring adaptive marketing and service strategies. The operational model, with its focus on efficient slider assembly and diverse menu options, demands consistent execution and staff training. Reliance on the franchisor's approved supply chain for key ingredients necessitates careful inventory management and contingency planning to ensure product availability and quality.
Franchise Datasheet
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