Perkins Restaurants & Bakery

Perkins Franchising

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Key Expenses When Starting a Restaurant Business with Perkins

How much does it cost to start a restaurant? That can be tricky to answer for independent restaurant owners. There are so many variables that go into starting a new restaurant: location costs, furnishings, buildout, inventory, marketing, and much more. If you’re going it alone, it can be difficult to avoid the unexpected costs that will incur when planning for everything you project you’ll need.

There are certainly variables to keep in mind when you start a restaurant business with Perkins as well. However, we’ve opened hundreds of locations since 1958, so we’ve developed a comprehensive breakdown of everything a franchisee needs to get started. This assessment significantly reduces the likelihood of running into unexpected expenses along the way. Here you’ll learn what it costs to open a Perkins franchise and what to expect for your investment.

The Estimated Initial Investment

We estimate that it will cost between $1.7-2.7 million to open a new Perkins franchise. The amount you’ll ultimately spend will depend on factors like where your restaurant will be located, whether you opt to lease or purchase the building, how much construction is necessary, and so forth. When you contact us, we’ll learn more about your area so we’re better equipped to give you a personalized estimate.

What’s Included in the Costs to Start a Restaurant Business?

The Perkins investment includes just about everything you’ll need to start a new restaurant – check out the breakdown on our website! A few of the necessary expenses are listed below.

One-Time Initial Franchise Fee: $40K. Your initial franchise fee is one of the most fundamental parts of the investment. It helps offset some of the costs associated with your onboarding and enables you to use our time-tested operational systems and brand name.

Training Fee & Expenses: $82K+. All Perkins franchisees receive comprehensive franchise training to help them master our business model. Your training will give you many of the tools you’ll need to keep your business running smoothly and efficiently.

Equipment & Seating: $490K+. Perkins restaurants are famous for their size. We attract large crowds, especially during weekend brunch hours, and we work with franchisees to establish seating areas to host them all. You can count on our guidance and support with your restaurant setup, ensuring an optimal layout.

These are just a few of the expenses that are included in the estimated initial investment. Perhaps one of the best reasons to choose Perkins is that, on top of all of these assets, your investment grants you access to our experienced team of restaurant experts who are ready to assist you throughout the process of opening – and beyond.

If you’ve been wondering about starting a restaurant business of your own, contact Perkins today to learn more about our franchise costs.

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Why Choose a Perkins Restaurant Franchise?

We’re constantly looking for new investors to join our Perkins restaurant franchise, but we understand that you have options to choose from. At Perkins, we believe that our franchise is a standout opportunity. From our longstanding reputation to our complete training and support programs, opening a franchise restaurant has never been easier than with Perkins. Let’s explore just a few of the reasons why you should consider partnering with Perkins if you’re thinking about opening a restaurant franchise.

Comprehensive Training

We understand that not every prospect we come into contact with has restaurant franchise ownership experience, so we take the time to help them build their skills before they dive into their new role. Over the course of 35 days, Perkins franchisees take part in a comprehensive training program that takes place inside a fully-operational restaurant. This is where you will gain incredibly valuable hands-on experience learning about procedures for cooks, servers, dishwashers, using our computer software, and managing finances. Throughout our Franchise Orientation Program, you will learn all about your responsibilities in your new role before you open your doors.

Long Term Support

In addition to our full training program, we will want to make sure that you feel supported for the long haul. We’re incredibly involved in our franchisees’ progress, so you can look forward to consistent collaboration and support to help ease the transition as a new business owner. Perkins franchisees can expect to receive the following assistance throughout the duration of their partnership with us:

  • Site development guidance
  • Grand opening support
  • Localized marketing
  • Regular evaluations
  • Operational systems and procedures
  • Research and development from our in-house team

A Recognizable Brand in a Competitive Industry

For over six decades, our team has been working to perfect our business model so that it is much easier for our franchisees to hit the ground running. In that time, we have opened over 300 locations and created a legacy for ourselves in a highly competitive industry.

From an operational and awareness standpoint, this is what makes opening a franchise restaurant with Perkins a no brainer. Our franchisees are able to operate under that time-tested model so that they can worry less about the hiccups their startup might face. And having that reputation throughout generations of customers is a true game changer — we will show you how you can leverage that to its fullest potential. When you start up alone, you will certainly feel the heat in the kitchen, but Perkins has streamlined the entire process to get our owners ahead of the rest.

Would you like to learn more about opening a franchise restaurant with Perkins? We’d love to hear more about your goals and aspirations coming into this opportunity, so feel free to contact us today!

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What Does it Take to Start a Restaurant Business with Perkins?

If you’re interested in starting a restaurant business of your own, partnering with Perkins is a great opportunity. We’ve been in business for decades and have established a strong business model and reputation that helps our franchisees start their business on the right track. In this blog, you will learn more about what it takes to invest in one of our restaurant and bakery franchises.

Desire to Strengthen Community

Perkins restaurants have been favorite gathering places for family and friends for generations. Sunday breakfast is a popular tradition in all of our restaurants across the U.S and Canada. We love that the Perkins brand is synonymous with great food and warm friendships!

One of the reasons for our strong popularity is our four day-part menu, which allows guests to order any meal at any time of day. Whether they want a burger for breakfast or French toast for dinner, they can order it at Perkins! This makes our restaurants especially popular with picky eaters, diners who work swing shifts at odd hours, and many others.

Perkins brings people together with delicious food and friendly service. Our franchise is a wonderful business opportunity for anyone who’s looking to strengthen their community.

Start a Restaurant Business Using Our Proven System

We’re looking for franchisees who are excited to open their own restaurants with Perkins. While some of our franchisees are seasoned investors who are currently vested in numerous restaurants, others have no experience in the restaurant industry or owning their own business.

No matter which category you fall into, there’s room for you at Perkins! We’re looking for franchisees who are excited to open one of our bakery and restaurant franchises, and with training, will master our systems and ensure they’re followed in their restaurant.

Our franchise investment comes with a time-tested business model that’s simple for franchisees to learn. You can choose to implement it yourself by managing your own restaurant or trusting your staff to run things for you, so you can continue to manage your other investments.

Readiness to Make the Investment

Starting any new restaurant requires a significant initial investment, and Perkins is no exception. The total initial investment in one of our restaurants starts at around $1.7 million, and includes just about everything it takes to get one of our restaurants up and running. A few key items the investment covers include:

  • The one-time initial franchise fee
  • Training fee
  • Location improvements/buildout
  • Equipment & seating
  • Signs & décor

One of the best parts of starting a restaurant business with Perkins is that we’ve opened hundreds of franchises, so we’ve gotten the process down to a science. With our operational support, you’ll have guidance throughout the entire development process to help make sure you won’t encounter unexpected costs along the way.

We’re looking for franchisees who are financially prepared to make the investment, but we welcome them to seek out financing to help cover some of the costs if necessary.

Ready to learn more about what it takes to become a Perkins franchisee? Contact us today!

Filed Under: Blog Tagged With: perkins franchise, restaurant and bakery franchise, steps to owning a perkins

The Steps to Opening a New Perkins Restaurant Franchise

Are you wondering how to own a restaurant franchise? It may be easier than you think when you franchise with Perkins. We started as a pancake house in 1958, and since then we’ve been delighting generations of families with our popular menu and bakery items. We’ve developed a franchise system that’s simple to master, eliminates inefficiencies, and has strong potential for growth. Here are a few of the key steps in the process toward opening a new Perkins restaurant franchise.

Step 1: Review Our Website and Contact Us

You can find a great deal of useful information about the Perkins investment on our website. We even provide a full investment breakdown that’s available for anyone to review, something many of our competitors only share in their franchise disclosure document (FDD). We make sure to put it front and center.

Once you’ve had a chance to look things over, contact us and a representative will reach out to you. We’ll set up a time to talk and to share more information about our opportunity.

Step 2: Review Our FDD

Take some time to review our FDD. There you’ll find important details on ongoing fees, training and support, and much more. During this time, we’ll also do some research on your qualifications. If it seems like we’d be a good match, we’ll move onto the next steps.

Step 3: Meet Our Team

You’ll have ample opportunity to get to know our leadership team before you make any commitments. They’ll be curious to learn more about you, your local market, and your reasons for wanting to join our team. Similarly, take every chance you have to ask them your questions and get to know the culture of our brand.

Step 4: Sign Your Franchise Agreement

Signing your Perkins restaurant franchise agreement officially makes you part of the Perkins team. Your one-time, initial franchise fee of $40K will also be due at this time. Now we can get started on opening your new restaurant!

Step 5: Take Part in the Perkins Restaurant Franchise Training Program

You and/or your trusted restaurant manager will take part in a 35-day training program at a fully-operational Perkins restaurant. There our experts will show you what it takes to keep your business running smoothly and achieve a steady return on your investment. We’ll cover everything from front-of-house operations to behind-the-scenes bookkeeping and marketing.

Step 6: Your Grand Opening and Beyond

Our team will work with you to find and build out the perfect location, as well as promote your new restaurant ahead of its grand opening. We’ll also be there to ensure that the grand opening goes smoothly. Afterwards, you can continue to count on us to provide you with ongoing training, marketing assistance, and much more – you’ll never need to go it alone as a Perkins franchisee.

Owning a restaurant franchise with Perkins comes with lots of advantages, such as our four day-part menu. Contact us today to learn about our key differentiators, or to start the process!

Filed Under: Blog Tagged With: perkins, perkins franchise, steps to owning a perkins

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We are a provenOpportunity for
Those who make a good fit.

*Figure reflects the Average Annualized Unit Volume of 63 of 190 franchise restaurants that were in operation at least 4 months during Perkins' fiscal year from May 2, 2018 to April 30, 2019.

*Some outlets have sold this amount. There is no assurance you will do as well. See Item 19 of our March 4, 2020 Franchise Disclosure Document.

Disclaimer: © 2022 Perkins LLC. This does not constitute an offer to sell a franchise. The offer of a franchise can only be made through the delivery of a Franchise Disclosure Document (FDD). Certain states require that we register the FDD in those states. This communication is not directed by us to residents of any of those states. Moreover, we will not offer or sell franchises in those states until we have registered the franchise (or obtained an applicable exemption from registration) and delivered the FDD to the prospective franchisee in compliance with applicable law.

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  • Research Perkins Franchising
    ▼
    • About Us
    • Meet the Team
    • Perkins Menu
    • Perkins StartUp Costs
    • Qualifications
    • Why Perkins?
    • Franchise Development
    • Perkins Continued Support
    • FAQs
  • Why Perkins
    ▼
    • Family Style Restaurant
    • Blog
    • Resource Library
    • News
  • The Investment
    ▼
    • Steps to Ownership
    • Training and Support
  • Available Markets
  • Get Started