So, you’re considering the thought to start your own business, but not only do you have no idea where to start, but you also know nothing about the process. Or maybe you do and you’re just looking for an easier way of doing things. Either way, franchising has caught your eye and now you need to figure out where to go from here. No worries, I have you covered, my friend. The food industry is one that may never go out of style. I mean, people have to eat, right? Fortunately for companies in the food industry, people will always pay for food. And whether they have the spare money or not, they will always find a way to go out to eat at a restaurant. Take this as an advantage, because there are tons of food businesses for you to get into. And luckily, I have a pretty good opportunity here to talk to you about. The company is called Dog Haus. What is Dog Haus? Well, we’ll get into that soon. But truthfully, it’s just the perfect establishment for you to sink your teeth into. And I’ll explain exactly why. So, if I have you curious, keep reading and find out how the Dog Haus franchise opportunity could be a fantastic journey for you.
Welcome to the Dog Haus
Gourmet hot dogs, hamburgers, and sausages. Great tasting food with great customer service. The Dog Haus is a fantastic establishment you not only enjoy dining in but also is awesome for taking out. Sauces and sides are made to perfection and fit perfectly with the main dish. This dog has no problem serving alcoholic beverages either. In fact, their alcoholic and non-alcoholic beverages can be purchased for consumption on and off-site. Not many restaurants allow taking drinks off site, so this is definitely a great perk to this place. Many customers have enjoyed the deliciousness of the gourmet food selections and haven’t had much to complain about. It’s not often that you can find a decent place to eat that serves gourmet hot dogs and sausages! Not only do they have great food, but their franchise opportunity isn’t too shabby either. Let’s take a look at all the details, shall we?
Conditions and Requirements of Dog Haus Franchising
Chances are, if you’re checking into franchising then you know how complicated things can get. You also know that running the business won’t always be fun and games. And it also won’t be a constant profit for yourself to enjoy. But franchising definitely has advantages too. You’re getting the chance to run your own business and be your own boss. And the boss of others as well. You’ll also feel a sense of pride while running your franchise business. Because we’ll let’s face it, running a business is tough and you’re a boss at it. Literally! So without further ado, here are some of the requirements and fine print that you need to know before buying a franchise from Dog Haus. At the end of 2016, there were 19 operating franchise outlets for this company. Which means there was a growth of 19 since in 2010, there were absolutely no running outlets. For six years, that’s not an extreme growth, but it’s not too bad considering the company wasn’t extremely popular at the time. There is also a turnover rate of 2.3, also low but this time that’s a good thing. Having a lower turnover rate can indicate good health of a company. Meaning that there weren’t many terminations or transfers of the agreement. So, that’s definitely a plus!
Let’s talk about money. Because, money talks, right? The franchising fee for Dog Haus is currently $35,000. But by the time everything is said and done, you’ll be shelling out anywhere from $423,000 to $912,000. So yes, that’s a pretty hefty price. You will also be responsible for a royalty and advertising fee. These fees are 6% royalty and 2% advertising and will be hefty based on your gross revenue You’re also tied into a 10-year agreement for both initial and renewal terms. Not too bad. Just have to hustle your butt off to get your money worth in those 10 years, right!?
There are many companies that go out of their way to ensure you have the right information and data that you need to keep your business running. Fortunately, Dog Haus is one of them. Dog Haus provides a great level of financial transparency, which means that you’ll get a good deal of data information to better run your business. What type of data, you ask? Well, you’ll be receiving historical data on previous years, system-wide average revenue details, and sales numbers from both company-owned and affiliate locations. This type of information can greatly assist you in determining certain data situations. The company also provides territory rights to your franchise location. And while they offer no refunds or financing options, you can receive discounts when purchasing more than one location. So there are a few great reasons to franchising the Dog Haus business.
Finishing it Up
The whole process of franchising a business may have your head spinning. But it can also make your head and heart fill with excitement at the same time. While there are many franchising opportunities out there, Dog Haus is a prime choice for those looking for a simple business in the food industry. There are a few disadvantages, but determining on your personal needs, the positives may outweigh them. Everyone loves a good hot dog or sausage now and then. Especially when there are too many burger joints filling up the market. And you can’t beat an incredible gourmet doggie! So if this business has your tail wagging, go follow up with a contact call with Dog Haus and get some more details on this fantastic opportunity. You never know. It may just be everything you were ever searching for in a business, and give you that push you need to get started as an entrepreneur.