What will I receive as part of the Bowl of Heaven franchise system?
We will provide corporate-based training to you, as the franchisee, and to one other designated individual, with a minimum duration of 24 hours of classroom and 40 hours of on-the-job training. We will also provide up to 5 days of on-site training a few days before and after you open to the public. As a franchise owner, you will have access to all Bowl of Heaven exclusive trademarks, recipes, products and procedures. We’ll also present you with a copy of our confidential operations manual to help you run your franchise location properly on a day-to-day basis.
What type of prior experience do I need to have?
You don’t necessarily need to have specific business ownership experience or a background in foodservice or nutrition to become a franchise owner with Bowl of Heaven. We look for people who are passionate, customer-service oriented and who have a desire to make a difference in their local communities. We prefer franchise owners who will be directly involved in the operations and growth of their Bowl of Heaven franchises, unless they have an operating partner with a minimum 5% equity in the business. In turn, we’ll provide the support franchisees need to run their Bowl of Heaven franchise. We do, of course, also expect that franchisees have the right amount of capital to invest in the business.
How much will the Bowl of Heaven franchise investment cost me?
The estimated required investment for a single start-up Bowl of Heaven franchise location ranges from $161,500 to $438,500 including a franchise fee of $30,000 (a reduced franchise fee is available for qualified military veterans). As with any new business venture, it’s important that you have the capital needed to adequately fund your new business.
Are there ongoing fees paid to the franchisor?
Franchisees will be required to pay royalties of 6% of gross revenues. These fees allow us to fund our ongoing support services and the continued development of products and procedures, marketing tools, training programs, and system upgrades.
Are there any advertising fees?
Franchisees will be required to spend a minimum of 1% of gross sales on local marketing. Franchisees will also contribute up to 2% of gross revenues to the system marketing fund. Collected funds will be used to develop marketing strategies to promote the Bowl of Heaven brand and fund the creative costs to develop any local franchise marketing materials and campaigns.
Is financing available?
We do not offer direct financing to franchisees. We may be able to provide references to qualified financing or lending resources, on a case-by-case basis.
What is the term of the franchise agreement?
The initial term of your franchise agreement is five years, with three subsequent renewal terms of five years each.
How do I get started?
If you’re interested in finding out more about a Bowl of Heaven franchise, request a brochure about our franchise program. Or you can contact us at 949-521-4414 or email@example.com to discuss the possibility of setting up a visit to view our operations, meet with key franchise management staff, and receive our FDD (Franchise Disclosure Document) which contains all the important details you’ll need to make an informed decision.