Franchise FAQ

how much does a hard rock cafe franchise cost

by Genoveva Feil Published 2 years ago Updated 1 year ago
image

Full Service Restaurant Franchise Opportunities

Franchise Franchise Fee Royalty Advertising Fee Development Costs
Black Bear Diners $55,000 4.5% 1% $1,133,800-$2,114,200
Black Rock Bar & Grill $50,000 4% 1% $1,519,940-$2,957,625
Bombshells Restaurant $50,000 5.5% $1,731,000-$3,086,000
Boscos N/A $827,000-$994,000
Sep 28 2022

Full Answer

See more

image

Can I open a Hard Rock Cafe?

Hard Rock Cafe typically does not franchise cafe locations in the United States. All U.S. cafes are corporate owned and operated, except for cafes in Tampa and in the Four Winds New Buffalo casino.

Is Hard Rock a franchise?

With venues in 75 countries, including more than 180 cafes, 24 hotels and 11 casinos, Hard Rock International (HRI) is one of the most globally recognized companies. The company owns, operates and franchises Cafes in iconic cities including London, New York, San Francisco, Sydney and Dubai.

Who owns Hard Rock franchise?

In March 2007, the Seminole Tribe of Florida acquired Hard Rock International, Inc. and other related entities from The Rank Group Plc. Today, Hard Rock International is one of the most globally recognized companies in the world and has venues in over 70 countries; Cafes, Casinos and Hotels.

Who owns Hard Rock Cafe now?

Seminole Tribe of FloridaHard Rock Cafe / Parent organization

How do you invest in Hard Rock Casino?

Investor Requirements Potential markets are predetermined in the Franchise Agreement. The standard Hard Rock site fee is no less than $350,000. An individual site fee must be paid prior to developing each new Cafe. Fees must be paid within a pre-agreed time-frame.

Do the Seminoles own Hard Rock?

Building on its rich heritage of courageous and groundbreaking achievements, the Seminole Tribe of Florida acquired the Hard Rock brand in 2007 and is now poised to expand its horizon even further, to all corners of the globe.

Do Native Americans own the Hard Rock?

The Seminole Tribe of Florida owns Hard Rock International. In 2007, Hard Rock Cafe International (USA), Inc. was sold to the Seminole Tribe of Florida.

Do Native Americans own Hard Rock Cafe?

Less than a generation ago, the Seminole tribe of Florida were living a precarious life of poverty in the Everglade swamps. Yet last week, they acquired the whole Hard Rock restaurant chain from the Rank Group (LON: RNK) for a knock-down $965m.

Is the stuff in Hard Rock Cafe real?

We've also worked directly with artists to contribute to their charity initiatives in exchange for memorabilia. Hard Rock also strategically attends auctions to purchase memorabilia as well and, yes, all of the memorabilia we proudly display in Hard Rock locations is the real deal.

Who owns Hard Rock Lake Tahoe?

Paragon GamingHard Rock Hotel & Casino - Lake Tahoe is one of 3 properties owned by Paragon Gaming.

What restaurant does Sylvester Stallone own?

Planet HollywoodFounder, Robert Earl, along with original partners and stockholders Bruce Willis and Sylvester Stallone, continue to steer Planet Hollywood toward exciting and new endeavors while enlisting the star power of Hollywood's brightest celebrities.

Where is the original Hard Rock Cafe in USA?

The 1st U.S. Cafe Hard Rock begins a world-wide expansion, with the first U.S. Cafe in Los Angeles. Today, we have over 200 Hard Rock locations in 68 countries.

Does MGM own Hard Rock?

With the Las Vegas Hard Rock Hotel and Casino now owned by Virgin Hotels, its owner has been looking for a new footprint on the Strip, and now will have one in the Mirage.

How much is the Seminole Tribe worth?

about $12 billionApplying industry multiples to the Seminoles' hospitality and gambling businesses would put the tribe's net worth at about $12 billion, including some 81,000 pieces of pop music memorabilia--stuff like Michael Jackson's red leather jacket from the "Beat It" video and John Lennon's handwritten lyrics to "Imagine"-- ...

Who owns Hard Rock Lake Tahoe?

Paragon GamingHard Rock Hotel & Casino - Lake Tahoe is one of 3 properties owned by Paragon Gaming.

What does Peter Morton own?

Peter Morton (born August 7, 1947) is an American businessman. He is the co-founder of the Hard Rock Café (along with Isaac Tigrett), a chain of casual dining restaurants.

What is the Hard Rock Cafe?

Known for its huge collection of rock and roll memorabilia, the Hard Rock Cafe is a chain of both franchised and corporate run theme restaurants that celebrate the rock and roll hall of fame.

When was Hard Rock Cafe founded?

Founded in 1971 with a single location in London, Hard Rock Cafe started under the ownership of two Americans and featured an eclectic sense of style in its decor. The restaurant began its famous collection shortly after it opened its doors and maintained this tradition even as the business grew and changed hands.

How many pieces of memorabilia are there in the Hard Rock Cafe?

Ever since the first Hard Rock Cafe in London played host to some iconic rock and roll legends and their collectible tokens of appreciation, the Hard Rock Cafe has cataloged over 77,000 pieces of memorabilia in their archives, and even briefly opened their own museum, just to showcase the collection.

How many Dickey's locations are there?

Dickey's is the largest Barbecue franchise in the world and is an award winning brand. With over 500 locations in 43 states as well international locations, their smokin' franchise has been treating guests to great tasting barbecue since 1941. No restaurant experience needed, total training and support provided.

What is Capriotti's sandwich shop?

Capriotti's Sandwich Shop is known for its unique culture, family-friendly atmosphere, high-quality ingredients, and a commitment to delivering outstanding customer service. If you’re looking to own a restaurant franchise with a sound business model, a low investment, high ROI, and food you’re always proud to serve, Capriotti's is the perfect opportunity for you.

Does Hard Rock Cafe accept donations?

The Hard Rock Cafe accepts donations of collectibles, including contributions from legends like Eric Clapton and Pete Townshend, and also purchases famous instruments, costumes, autographs and other rock and roll treasures from auctions around the world. Start your business!

Is Hard Rock Cafe a franchise?

Hard Rock Cafe is listed in the Franchise Directory under the Food category. It's also listed in the section for Franchises Under $10,000 .

Franchise Information for Hard Rock Cafe

With venues in 68 countries, including 163 cafes, 23 hotels, 11 casinos, and 5 live concert venues, Hard Rock International (HRI) is one of the most globally recognized companies. Beginning with an Eric Clapton guitar, Hard Rock owns the world's greatest collection of music memorabilia, which is displayed at its locations around the globe.

Hard Rock Cafe

With venues in 68 countries, including 163 cafes, 23 hotels, 11 casinos, and 5 live concert venues, Hard Rock International (HRI) is one of the most globally recognized companies. Beginning with an Eric Clapton guitar, Hard Rock owns the world's greatest collection of music memorabilia, which is displayed at its locations around the globe.

How many countries does Hard Rock have?

With venues in 75 countries, including 181 cafes, 25 hotels and 11 casinos, Hard Rock International (HRI) is one of the most globally recognized companies. Beginning with an Eric Clapton guitar, Hard Rock owns the world's greatest collection of music memorabilia, which is displayed at its locations around the globe.

When are franchise agreements prepared?

Once the background checks have been undertaken and the prospective franchisee has successfully qualified, the relevant final legal Franchise Agreements will be prepared.

What information is required for a franchise application?

A formal Franchise application will also be filled out that will require such information about prospective franchisee as full company makeup, proposed financing, group ownership structure and further information as may be required for our formal due diligence process. Click here for the Franchise Questionnaire.

What is a no shop period?

The "No Shop" period entails the payment of a "No Shop Fee". This is a non refundable fee no less than $20,000 USD that is paid by the prospective franchisee to guarantee exclusivity of the territory under negotiation. If the parties execute a mutually acceptable RFA or ADA prior to the expiration of the No Shop Period, then the No Shop Fee will be credited against the Site Fee or Territory Fee.

What is an NDA in Hard Rock?

This will be followed by a the execution of a Non-Disclosure Agreement ("NDA") that will permit the prospective franchisee to exchange sensitive and confidential information with Hard Rock International.

How long is the No Shop period?

This is generally set for a period of no more than ninety (90) calendar days.

What is an up-front fee?

An up-front fee is paid to secure the exclusive right to develop & operate Hard Rock Cafes within a certain geographic region.

image
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9