Franchise FAQ

how much is wet willies franchise

by Orion Lang MD Published 1 year ago Updated 1 year ago
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How much does it cost to open a wetwillie's franchise?

What is wet willie's daiquiri?

How long does it take to train at Wet Willie's?

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How much is it to franchise a Wet Willies?

How much does a Wet Willie's franchise cost? Wet Willie's has a franchise fee of up to $35,000, with a total initial investment range of $975,242 to $1,347,092.

How much money does Wet Willies make?

What is Wet Willie's's Revenue? Wet Willie's revenue is $15.0M annually.

How much does it cost to open a Fat Tuesdays?

The minimum investment amount required to open a Fat Tuesday franchise is $479,000 and can go all the way up to $1,079,000.

How many Wet Willies are there?

Today, there are 17 Wet Willie's locations, mainly in the eastern United States. In addition to frozen drinks, the majority of the company's locations offer food. Most locations average in size from 2,500 to 5,500 square feet. Currently three Wet Willie's locations are inside casinos in Atlantic City and St.

How much does it cost to open a daiquiri shop in Texas?

Investment* Key ExpensesLowHighFranchise Fee$20,000$20,000Construction$30,000$50,000Equipment$6,650$8,930Signage$3,000$6,5004 more rows

Who owns Fat Tuesday?

Garnett Station PartnersGarnett Station Partners, a New York based principal investment firm, acquired Fat Tuesday in April 2021.

How do you start Fat Tuesday?

Fat Tuesday has a franchise fee of up to $20,000, with a total initial investment range of $479,000 to $1,079,000.Initial Franchise Fee: $20,000.Total Investment: $479,000 to $1,079,000.Working Capital: $29,000 to $66,000.Royalty Fee: 8.0%

How many locations does Fat Tuesday have?

There are a total of 25 fattuesday locations in United States as of May 02, 2021 The state with the most number of Fat Tuesday locations in the United States is Las Vegas with 9 locations, which is 60% of all fattuesday locations in United States.

What is the strongest drink at Wet Willies?

call a cabNo matter the mood that you are in there is a drink that you will enjoy. One of their drinks, call a cab, is the strongest drink. It consists of cherry and strawberry flavors lots of 190º grain alcohol and Bacardi rum. They also have a drink called the chocolate thunder it tastes like a fudgesicle.

Who started Wet Willie?

Brothers Jimmy and Jack Hall formed the nucleus of the group with friends John Anthony, Ricky Hirsch and Lewis Ross and signed with Capricorn Records of Macon, Ga. The group went through a variety of personnel changes and moved to Epic Records before breaking up in the early 80s.

Who created Wet Willies?

• 2012 Accomplishments: Dickinson and Stachel founded Wet Willie's in 1990 with one store on River Street. Dickinson was a clinical psychologist with no business background and Stachel had recently resigned from a management job with Toyota and longed to "open a daiquiri bar on the beach" somewhere.

What is in a Fat Tuesday Drink?

This simple but strong drink consists of rye whiskey or Cognac (the original spirit used), sugar and Peychaud's bitters, and the glass is rinsed with either absinthe or Herbsaint.”

Is there a Fat Tuesday in New York?

Mardi Gras, or Fat Tuesday, is on Feb. 25. The day is traditionally known as the last day to binge before the Lenten season begins on Ash Wednesday, but you don't Catholic or Christian to take part in the merriment.

How much does it cost to franchise Wet Willie's?

Wet Willie's has a franchise fee of up to $35,000, with a total initial investment range of $975,242 to $1,347,092. The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.

How many states are Wet Willie's franchises in?

Based on 2012 FDD data, Wet Willie's has franchise locations in 0 states. The largest region is the West with 0 franchise locations.

When did they begin franchising?

They began franchising in 2006. The average Bar and Grill franchise began franchising in 2009.

What is franchise grade?

Franchise Grade is dedicated to providing research and education that can help you make confident franchise investment decisions.

Is Wet Willie's graded?

Wet Willie's is graded based on our most recent research.

When did wet willie's start?

Products & Services. Wet Willie's began in 1988 by a small group of friends. The group began the research required to fuse the daiquiri concept with a casual, upbeat atmosphere, yielding the right mix of flavor, fun, and success.

What is a wet willie?

Wet Willie's is a concept that has developed strong brand recognition and has a sixteen year track record. Wet Willie's produces superior frozen daiquiris resulting from the mix of premium alcoholic beverage products with unique, high quality flavors specifically selected and blended exclusively for Wet Willie's.

When did Wet Willie's Daiquiri Bar open?

Since opening in 1990 , Wet Willie's Daiquiri Bar/Restaurants have served guests and provided internet retail sales to customers from all 50 states and numerous foreign countries.

Is Wet Willie's a franchise?

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

Exploring the franchise opportunity

Taking a look at the major details and requirements of a franchise business opportunity is one that takes a lot of research and most likely a lot of headaches. But, it’s crucial that you do the proper research to ensure that you purchase a business that has proven to be effective and has a healthy growth market. No two opportunities are the same.

Wrapping it up

So there you have it. The entire Wet Willie’s experience for both customers and potential franchise owners. While this company seems to truly care and respect their customers, it doesn’t seem to be the very best franchise business opportunity. Of course, there are a few benefits and perks that I have mentioned.

How much money do you need to be a Wet Willie franchisee?

In order to qualify as a franchisee, you’ll need to be able to prove a net worth of at least $600k and have two-thirds of that be in the form of liquid assets. Wet Willie’s also has a requirement that no more than 80% of the initial costs can be leveraged. There are ongoing royalties that are required upon the achievement ...

When did Wet Willie's start?

Could your community use a fun place to party? Would you love to invest in a business that has a sole focus of helping people relax and have a good time? When what you might just be looking for is a Wet Willie’s franchise opportunity! This organization began 1988 thanks to the efforts of a close group of friends who wanted to create their own relaxed mix of good drinks, good flavors, and good fun. As a franchisee, you’ll be focused on serving appetizers, unique menu items, and the best frozen daiquiris on the planet.

Why do franchisees hire off duty police officers?

Franchisees are encouraged to hire off-duty police officers to patrol the premises to help provide an increased level of safety. The goal is simple: to create brand loyalty and satisfied customers that will want to spend money in your franchise.

Is there a zero tolerance policy for Wet Willie's?

You’ll also be required to be on-hand to enforce the global zero tolerance policy that Wet Willie’s has with all of their franchisees . No dangerous or unlawful behavior is allowed in or near the premises. Franchisees are encouraged to hire off-duty police officers to patrol the premises to help provide an increased level of safety. The goal is simple: to create brand loyalty and satisfied customers that will want to spend money in your franchise.

Is Wet Willie's a good investment?

For the right community, this could be a good investment. Wet Willie’s is perfect for a community that doesn’t have many informal atmospheres where people can come as they are and just kick back to relax.

Do wetwillie's furniture need to be approved?

To provide the high level of quality, there are strict requirements as to the furniture that you utilize for your new franchise. All items will either need to come from an approved vendor list or be specifically approved by Wet Willie’s before being able to proceed with the development of the franchise. Not getting approval before the installation or build-out can result in a disqualification of the franchise agreement.

Does Wet Willie's require franchisees to be owner operators?

Wet Willie’s also requires all franchisees to be owner-operators. This requirement is in place because the organization believes that what sets this opportunity apart is the level of world-class service that is provided to each customer. This organization believes that the customer is always right and demands conscientious, ...

How much does it cost to open a wetwillie's franchise?

How much does it cost to open a Wet Willie's Franchise? The estimated investment required to open a Wet Willie's Franchise is between $582,822-$1,648,092. There is an initial franchise fee of $35,000 which grants you the license to run a business under the Wet Willie's name.

What is wet willie's daiquiri?

Wet Willie's is a concept that has developed strong brand recognition and has a twenty-four year track record.#N#Wet Willie's produces superior frozen daiquiris resulting from the mix of premium alcoholic beverage products with unique, high quality flavors specifically selected and blended exclusively for Wet Willie's.#N#Wet Willie's daiquiris are frozen to the perfect temperature and are constantly blended in our daiquiri machines to ensure that our daiquiris always have the perfect temperature, consistency and uniform taste that is unique to Wet Willie's.#N#In every Wet Willie's there are between 20 and 30 daiquiri machines offering a range of different flavors, a kaleidoscope of colors, and an opportunity for our customers to experiment making their own blends.#N#Our food items are prepared from quality ingredients. Overseen by two professional Chefs, our recipes have been perfected over our 24 year history. Preparation is relatively uncomplicated and the results are superior. Systems have been established to assist in controlling food costs and inventories.#N#Our superior food and beverages are complimented by an equally superior environment. From our friendly, well-trained staff to our beautiful murals, everything about Wet Willie's spells FUN.#N#Our system is simple and efficient. Keeping things simple and keeping things moving is the cornerstone of the Wet Willie's system. Bartenders are able to produce any drink offered with the pull of a lever or the twist of a cap, and therefore it is not necessary for our bartenders to be mixologists. The system also allows for simple and precise inventory control.#N#It's time to give yourself permission to build your days around what's important to you! You're in Control!#N#For more information, complete our FREE FRANCHISE ADVICE form!

How long does it take to train at Wet Willie's?

Training#N#Before opening your Wet Willie's, you, your Operating Principal and your Manager must complete, to our satisfaction, an 8-week initial training program we conduct. You, your Operating Principal and your Manager must have successfully completed all state and local required food hygiene and sanitation training as well as having completed a certified course for responsible alcohol service before attending our training program. We will provide up to 10 days of on-site training for all of your other full and part-time hourly employees and members of your staff. We will not charge you a fee for the training of your first Manager and your initial staff. We may charge you a fee for any additional required or optional training and training for subsequent staff. All training will be provided at a location we designate. You must pay for your employees' travel expenses and room, board, wages and insurance during training.#N#The initial training program for you, your Operating Principal and your Manager, which lasts 8 weeks, is conducted at our headquarters located in Savannah, Georgia or at a different location if you and we agree on it. Our training program is overseen by William Dickinson whose experience is listed in Item 2 of this disclosure document. Any other individuals involved in the training program will have at least one year of experience in the subject they teach.

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