The franchise fee for your first franchise is $18,000. The franchise fee for multiple units may be discounted for additional franchises based on certain conditions and criteria. The estimated initial investment for a traditional Blimpie restaurant will be between $138,150 and $395,050*.
*More detailed information is available in the Franchise Disclosure Document (FDD).
To purchase a Blimpie franchise, you will need a credit score of 600, a net worth of $250,000, and the required liquid capital of $50,000.
Yes, you can. As long as your partner owns at least 50% of your organization, this is acceptable.
No, Blimpie does not offer financing.
Yes, the franchise registry (www.franchiseregistry.com) is a national online listing of approved franchise systems whose franchisees will receive accelerated loan processing through the U.S. Small Business Administration (SBA). Through this process, small business owners are provided with streamlined and faster loan processing. Franchise systems not listed on the site are not eligible for expedited loan processing through the SBA.
The continuing royalty fee is 6% of gross sales, excluding sales tax. A $200 weekly minimum may apply to traditional locations.
Currently the advertising fee is 4% of gross sales. Fees go to National Marketing, Brand Building and Local Marketing. Your Blimpie representative will be able to provide additional information.
Your Area Representative and the Blimpie team will guide you through all phases of the site selection, lease negotiation, construction, training, grand opening and ongoing processes for marketing and operations.
Our Area Representative and Real Estate teams work at securing the best locations in each city. Once you become a franchisee, you can also work with the Blimpie team to research and suggest outstanding Blimpie sites.
Building sales takes effort on many different levels - from running your business with monitored food costs, to strong operations, to local store marketing, to most importantly ensuring that you give every customer a reason to return. The Blimpie Marketing Team will assist you by creating national marketing initiatives and advertising that are key to building sales. Increasing sales takes diligent effort in all areas of your business.
Blimpie has mapped out a range of site opportunities globally. If a store already exists in your area, there may be enough local demand to support more stores. Ask your Area Representative or Franchise Development Manager to discuss opportunities.
Up to two people are included in the training process as part of the initial franchise fee. Additional staff may attend for a fee.
There are five main steps to owning a franchise:
- Complete Your Application
- Sign Your Franchise Agreement
- Secure Your Location
- Build & Outfit Your Store
- Open Your Store
Read the details by visiting our Steps to Becoming a Franchisee page.
Don't see your question here? Contact us with your question.
The information on this website is for informational purposes only and is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise; nor is it directed to the residents of any particular jurisdiction. The following states currently regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington and Wisconsin. If you are a resident of one of these states, we will not offer you a franchise until we have completed the applicable registration or obtained the exemption from registration, and completed the applicable disclosure requirements. Regardless of what state you reside in, an offering can only be made by a franchise disclosure document. In addition, several countries regulate the offer and sale of franchises.