Franchise FAQ

how can i own my eggslut franchise

by Josie Crooks Published 2 years ago Updated 1 year ago
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What is Eggslut?

Eggslut is a chef driven, gourmet food concept founded in 2011. It's inspired by a true love for eggs. The menu is a balance of comfort and innovation, celebrating food that appeals to both novice and extreme foodie through classic comfort fare with a twist, all encompassing our key ingredient, eggs. Our goal is to share our food with everyone.

Is Eggslut a growing company?

Eggslut is a growing company that offers growth from within. Development opportunities available! Come grow with us! We offer full-time and part-time positions, flexible schedules, and in-depth station training.

When was Eggslut first used?

The first public use of it was by chef Anthony Bourdain in season 5, episode 5, of his show No Reservations, which aired on February 2, 2009. The Grand Central Market in Los Angeles was named as one of the top ten new U.S. restaurants by Bon Appétit for 2014, and Eggslut is mentioned.

Where is Eggslut in Las Vegas?

Eggslut at the Cosmopolitan Las Vegas. An Eggslut sausage, egg, and cheese sandwich. Eggslut is a fast food restaurant with locations in Los Angeles, Las Vegas, Tokyo, Seoul, Kuwait and London, known for its signature dish "The Slut", a coddled egg on pureed potatoes, as well as their egg sandwiches.

Instagram-worthy food

Crunchy bacon, fresh toppings and runny egg yolks are just some of the ingredients that make Eggslut’s dishes so picture-perfect. Patrons commonly take photos of their items and share them on social media, which results in more free marketing.

Breakfast sandwiches

Eggslut serves a range of breakfast sandwiches, including this Bacon, Egg & Cheese sandwich featuring hardwood-smoked bacon, an over-medium egg, cheddar and chipotle ketchup.

Signature dish

In addition to sandwiches, Eggslut also offers its signature Slut dish, which consists of a coddled egg on top of a smooth potato purée, poached in a glass jar and topped with gray salt and chives; it’s served with a demi baguette.

Food that sounds as good as it looks

Eggslut promotes chef-crafted sandwiches featuring free-range organic eggs, local meats and warm brioche buns. The concept is known for its quality ingredients and fresh dishes, with each item made to order in an open diner-style kitchen.

Expansion plans

Thanks to Eggslut’s strong fan base, the brand is expanding with two locations in development for next year: its first brick-and-mortar site, slated to open in LA’s Venice Beach neighborhood, and its first out-of-state restaurant, set to launch in The Cosmopolitan of Las Vegas resort and casino. While the flagship location operates through 4 p.m.

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What are the criteria for KFC franchise?

The six major factors KFC evaluates in their franchise applicants include “multi-unit operations experience, financial qualifications, personal and financial reputation, motivation and commitment, culture and brand fit and growth mindset, ” among other factors. KFC has among the more rigorous financial qualifications, too: At a minimum, applicants need a net worth of $1.5 million and $750,000 in liquid assets, though these requirements will vary (i.e. be higher) depending on your ownership level.

Who is responsible for franchise fees?

Keep in mind that franchisees are responsible for additional franchise fees on top of the initial franchise cost. For a full breakdown of franchise fees, you can refer directly to the information available on the franchisor’s website.

How much money do you need to own a Pizza Hut?

(Another fun fact? The very first product ever ordered online was a Pizza Hut pizza.) At a minimum, prospective Pizza Hut franchisees need to have $700,000 in net worth, $350,000 in liquid assets and a strong credit report. Applicants will also need to present Pizza Hut with a financial plan detailing how they’ll grow their location.

How to join Auntie Anne's?

To join the Auntie Anne’s network, you’ll need to have prior business experience, and experience in the restaurant industry is preferred. Auntie Anne’s also favors people with demonstrable customer service skills and who align with the company’s philanthropic values. Numbers-wise, the ideal candidate has $100,000 in liquid capital and a $300,000 net worth. To find out more, you can request more info about owning an Auntie Anne’s franchise either by text, email or phone.

How much money do you need to open a Papa John's?

At a minimum, Papa John’s franchisees need to have $75,000 in cash or liquid assets, a net worth of $250,000, and the ability to secure up to $275,000 in outside financing.

Do you need to meet the minimum requirements to buy a Baskin Robbins franchise?

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).

Is Ben and Jerry's a philanthropic franchise?

Other than being the mastermind behind such beloved ice cream flavors as Cherry Garcia and Phish Food, Ben & Jerry’s is one of the most philanthropic franchises in the country. Their Ben & Jerry’s Foundation, for instance, is an employee-led organization that aims to engage in local community work and support grassroots social justice organizations and movements. Buying a Ben & Jerry’s franchise is a unique opportunity for similarly aligned business owners to flex both their entrepreneurial skills and their passion for social justice.

How much does it cost to start a franchise?

Franchise costs vary widely depending on the industry and business you choose to invest in, not to mention where you live or plan to do business.

What to do if you don't have a franchise?

If you don’t have the initial investment costs at the ready, you may need to tap into outside financing to launch or run your franchise. Many banks, the SBA and franchise-specific lenders offer financial help for would-be franchisees. Other options include crowdfunding or lenders based entirely online.

How long do you have to get a copy of your FDD before signing a contract?

The franchisor is required to provide you with the FDD at least 14 days before you sign a contract, though it’s a good idea to request a copy earlier in your initial phases of research. You can typically download a PDF of the FDD, though some franchisors might be willing to send you a hard copy. 5.

What are some online lenders?

Other options include crowdfunding or lenders based entirely online. Online lenders like Kiva and BlueVine aren’t part of the traditional financial industry populated by banks and credit unions. These digital lenders tend to leverage technology for more streamlined or automated approval processes. You could also use an online business marketplace like Lendio or Fundera to compare a network of funding options in one spot.

How to get a copy of a franchise disclosure document?

Reach out to the franchisor for a copy of its franchise disclosure document (FDD), which contains detailed legal information about its franchise group along with financial data like the average gross revenue of its locations.

How long does a franchise contract last?

Franchise contracts come with terms of five to 20 years. At the end of the term, you can often choose whether to renew the contract or discontinue your franchise. At contract signing, you’ll likely need to also pay any upfront fees or initial investment expenses.

Where is the Critter Control franchise located?

Let’s say you want to open a Critter Control franchise in San Jose, California — a city with a population of about 1 million people. At an average $582,828 gross revenue for that market, according to Critter Control, here’s what you could reasonably expect.

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