The Halal Guys has a franchise fee of up to $60,000, with a total initial investment range of $478,000 to $1,445,400. The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
Full Answer
How many the Halal Guys locations are there in the USA?
As of the 2021 Franchise Disclosure Document, there are 79 franchised The Halal Guys locations in the USA. Are there any The Halal Guys franchise opportunities near me?
How much does Halal Guys make?
Overall, the Halal Guys franchise is a profitable company, with a positive net income of about $1,898,117. They make almost $8 million in initial revenues, while their operating expenses are almost $6 million. They have also been able to decrease their accumulated deficit by almost $1,000,000 from the previous year.
Who is the largest Multi-Unit Franchisee for the Halal Guys?
Paul Tran, the largest multi-unit franchisee for The Halal Guys, tells us about his journey as a Halal Guys franchisee. The Halal Guys represents the epitome of the American Dream. This iconic brand’s fascinating origins tale is similar to scores of others who also emigrated to America in search of a better life.
What is the Halal Guys' brand loyalty?
The Halal Guys' brand loyalty is second to none in the restaurant industry. The American Halal food favorite ranks as the #3 Most Yelped restaurant in the entire United States, and Reebok recently launched a specialty sneaker inspired by The Halal Guys!
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How much is a halal Bros franchise?
The initial franchise fee for a Halal Guys franchise is $60,000. In the case of multi-unit franchise developers, or opening five franchises, the initial development fee is $180,000....Additional Cost Breakdown.Leasehold Improvements$150,000 – $500,000Licenses and Permits$1,000 – $25,000Rent – 3 months$9,000 – $60,00013 more rows•Aug 15, 2022
How do I invest in halal guys?
To open a Halal Guys franchise, one must have restaurant industry experience and a working capital worth $1,000,000 and a net worth of $1,550,000. The total investment ranges from $370,150 – $1,317,550 depending on the location and other factors.
Who is halal guys owned by?
Meet the original “The Halal Guys”: Mohamed Abouelenein, Ahmed Elsaka, and Abdelbaset Elsayed. They are the founding members of our growing franchise. These Egyptian immigrants traveled to the United States in hopes of a better life and set their sights on becoming a true American entrepreneurial success story.
What religion is halal guys?
As many of you know, The Halal Guys started with a hot dog cart in New York City in 1990, then switched to selling halal food because of the Muslim cab drivers who were looking for Halal food in alignment with their culture and beliefs.
How many locations does the halal guys have?
94 locationsThe Halal Guys is now a global enterprise, with 94 locations and over 400+ new restaurants in development worldwide.
Which countries have halal guys?
The countries are Australia, Brazil, Belgium, Canada (provinces of Ontario, Alberta, Prince Edward Island, New Brunswick and Manitoba), China, France, Indonesia, Italy, Japan, Malaysia, Mexico, Russia, South Korea, Spain, and the United States of America.
Who is the CEO of halal guys?
Ahmed Abouelenein -Ahmed Abouelenein - CEO - The Halal Guys | LinkedIn.
What kind of meat does halal guys use?
Halal Guys serves just two types of animal protein: chicken and beef. Unfortunately, the beef is in the form of gyro meat, and while I love both beef and gyros, most gyros are made from lamb with some beef mixed in.
How many halal guys are in America?
Back then, their mission was simple: to delight customers with unparalleled hospitality and affordable, mouthwatering food.” Now The Halal Guys is the largest American halal food concept in the world with over 90 locations in the United States, Canada, Indonesia, South Korea, and the United Kingdom.
Does Burger King use halal meat?
Yes, Azeem! the meat we serve is 100% HALAL.
Is lamb halal in Islam?
Halal – definition Halal foods meet Islamic dietary guidelines and are allowed for consumption. If slaughtered/harvested properly, beef, lamb, goat, venison, bison, chicken, turkey, fish and shellfish can be halal meats. Pork and alcohol are considered haram (forbidden).
Is Halal food healthy?
A halal animal is always fed on vegetarian food and grass. Thus, such meat is rich in vitamins, omega-3 fat and antioxidants which are healthy for the human body. Halal meat is not only healthy for your body but it is more pocket-friendly.
How do I invest in halal stocks?
Types of halal investmentsStocks. As long as the stock is halal, it is acceptable to invest. ... Funds. Equity mutual funds, exchange-traded funds and index funds follow similar rules as stocks to be halal. ... Sukuks. ... Gold and other precious metals. ... Real estate. ... Cryptocurrency.
Where can I invest halal way?
Halal Gold Investment IdeasJewellery. ... Pure Gold (coins/ biscuits) ... Gold ETF (Exchange Traded Funds) ... Gold Mutual Fund. ... Gold Saving Fund (Fund of Funds) ... International Commodities Sectoral Funds. ... eGold. ... Gold Futures (Commodities market)More items...
How can I invest in Islam?
Islamic principles require that investors share in profit and loss, that they receive no interest (riba), and that they do not invest in a business that is prohibited by Islamic law, or sharia.
How do I know if stock is halal?
Companies that have multiple streams of revenue need to be checked for the sources of their revenues. Firms that have mixed revenues, i.e. some halal and others not, will fall into this category. Haram revenues : If the percentage of haram revenues is less than 5%, then the stock is Shariah compliant.
How much does it cost to franchise Halal Guys?
The initial franchise fee for a Halal Guys franchise is $60,000. In the case of multi-unit franchise developers, or opening five franchises, the initial development fee is $180,000.
How many Halal Guys franchises are there?
The Halal Guys franchise system has been growing tremendously from 2016 to 2018. For example, at the end of 2016, there were 19 franchised outlets. By the end of 2018, there were over 60 franchised outlets. This is an increase of over 40 franchises added to the system since 2016. This drastic increase in franchised outlets demonstrates that the Halal Guys franchise has both a high growth rate
How much does Halal Guys pay for advertising?
There are three different marketing fees that Halal Guys franchisees must pay for advertising purposes. The first is a worldwide creative marketing fee, which is 2% of gross sales. It is paid in the same way and time as the royalty fee. The second marketing fee is a local advertising fee, which is 1% of gross sales. These are not paid to the franchisor, but rather to local advertising vendors every month. The final payment is to an advertising cooperative, which is 0.5% of gross sales.
How much cash did Halal Guys lose in 2019?
in cash and their cash and cash equivalents (excluding restricted cash) were $1,314,392 at the end of 2019. In fact, the net cash flows lost from operating activities amounts to approximately $300,000. Therefore, even though there are no representations of individual franchise financial performances, the success of The Halal Guys is a possible indicator that franchises will also be successful.
What is a franchise agreement?
A franchise is when a business (franchisor) allows a party (franchisee) to acquire its know-how, procedures, processes, trademarks, intellectual property, use of its business model, brand and rights to sell its products and services. The franchisee signs a contract (franchise agreement) with the franchisor to… More
Why is it important to examine the trends of the industry that the franchise or business opportunity is in?
For example, it is not wise to invest in a business opportunity that is in a declining industry . Industry data can also be useful for comparing how well a specific franchise does in comparison to other businesses and franchises. Below are the numbers for the Full Service Restaurant Industry, which were sourced from the Business Reference Guide.
Is the entry investment for restaurants higher than the average franchise?
However, it is also important to remember that the entry investment for restaurants tends to be much higher than the average franchise . This is because there are a lot of upfront and ongoing costs that go into running a restaurant, as well as a lot of health and food safety costs that go into running a food service business.
What is Halal Guys?
The Halal Guys is seeking franchisees that are focused on exceptional operations and customer service, and that are looking to build large multi-unit franchise territories. Franchisees must demonstrate substantial business experience and have the necessary financial qualifications. Ideal candidates possess a true passion for The Halal Guys brand.
Is Halal Guys a restaurant?
The Halal Guys' brand loyalty is second to none in the restaurant industry. The American Halal food favorite ranks as the #3 Most Yelped restaurant in the entire United States, and Reebok recently launched a specialty sneaker inspired by The Halal Guys!
What is Halal Guys?
The Halal Guys represents the epitome of the American Dream. This iconic brand’s fascinating origins tale is similar to scores of others who also emigrated to America in search of a better life. As a result of this journey, countless cultural traditions (and cuisines) crossed over into the United States over the years.
Where are the Halal Guys located?
New York City famous The Halal Guys is the fastest-growing American Halal franchise in the world with locations across North America, Europe, and Asia. Serving up delicious mouthwatering chicken, gyros, and falafel platters to devoted fans.
Why did Halal Guys open a lunch cart?
Three immigrants opened a lunch cart in New York in pursuit of the American Dream. Two decades later, the Halal Guys are a worldwide phenomenon helping many others achieve the dream as well. If playback doesn't begin shortly, try restarting your device.
Is Halal Guys the right brand?
The brand’s small-footprint, high-volume stores are attractive to franchisees and make it easier to find affordable real estate in an increasingly tough market. The Halal Guys is absolutely the right brand at the right time.”. – Dan Rowe, Fransmart CEO, Excerpt from: New York Daily News.
Is Halal Guys a global company?
The continued, enthusiastic demand for its fresh, delicious food and warm hospitality justified its expansion to bring authentic American Halal Food both across the nation and worldwide. The Halal Guys is now a global enterprise , with 94 locations and over 400+ new restaurants in development worldwide.
Who is the operator of Halal Guys?
Successful multi-unit Halal Guys operator, Paul Tran, talks about why he chose to invest in The Halal Guys franchise.
Do you need a general manager for Halal Guys?
In addition to your business experience (preferable in the restaurant industry), we request a professional General Manager be part of your team. Prospective franchisees must meet the minimum requirements below to be consider for a The Halal Guys franchise.
How many units are there in Halal Guys?
The world famous The Halal Guys has created major global buzz with media and fans alike after announcing franchise deals for 225 new units in their first year of franchising!
What is Halal Guys mission?
The Halal Guys Mission ensures that every customer leaves happy, with a smile on their face and a satisfaction that brings them back again.
Is Halal Guys a restaurant?
The Halal Guys' brand loyalty is second to none in the restaurant industry. The American Halal food favorite ranks as the #3 Most Yelped restaurant in the entire United States, and Reebok recently launched a specialty sneaker inspired by The Halal Guys!
Information for Franchisees
Here’s what you need to know if you’re interested in opening a The Halal Guys franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Franchise 500 Ranking History
Compare where The Halal Guys landed on this year’s Franchise 500 Ranking versus previous years.
How many countries regulate franchises?
It is for information purposes only. There are approximately 14 countries and 15 US states that regulate the offer and sale of franchises.
Does the Department of Law approve the sale of a franchise in New York?
The application for registration of an offering prospectus or the acceptance and filing thereof by the Department of Law as required by the New York law does not constitute approval of the offering or the sale of such franchise by the Department of Law or the attorney general of New York.
Is a franchise an offering in New York?
This offering is not an offering of a franchise. In New York (USA), an offering of a franchise can only be made by a prospectus that has been previously filed and registered with the Department of Law of the State of New York. The application for registration of an offering prospectus or the acceptance and filing thereof by the Department of Law as required by the New York law does not constitute approval of the offering or the sale of such franchise by the Department of Law or the attorney general of New York.
