Mugs 'N Jugs Sports Bar & Grill
Sports bar & grill- 2023 Franchise 500 Rank
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N/RNot ranked last year
- Initial investment
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$635K - $935K
- Unit data is unavailable
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N/A
Company Overview
About Mugs 'N Jugs Sports Bar & Grill
Industry | Food |
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Related Categories | Miscellaneous Full-Service Restaurants,Sports Bars/Pubs |
Founded | 2007 |
Leadership | Sam Ahmed, CEO |
Corporate Address | 14100 U.S. Hwy. 19 N., #114 Clearwater, FL 33764 |
Business Overview
Franchising Since | 2012(11 years) |
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# of employees at HQ | 4 |
Where seeking | This company is offering new franchisees in the following US states: |
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Information for Franchisees
Here's what you need to know if you're interested in opening a Mugs 'N Jugs Sports Bar & Grill 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.
Initial Franchise Fee
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$35,000 |
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Initial Investment
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$635,000 - $935,000 |
Net Worth Requirement
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$1,000,000 |
Cash Requirement
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$500,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
4% |
Ad Royalty Fee
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1% |
Term of Agreement
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10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Mugs 'N Jugs Sports Bar & Grill has relationships with third-party sources which offer financing to cover the following: startup costs, equipment |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 1-2 weeks |
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Classroom Training | 4 weeks |
Ongoing Support |
Purchasing Co-ops
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
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Marketing Support |
Ad Templates
Regional Advertising
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Operations
Additional details about running this franchise.
Can this franchise be run from home/mobile unit?
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No |
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Can this franchise be run part time?
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No |
#运行所需的员工 | 35-45 |
Are exclusive territories available?
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Yes |
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