Frequently Asked Questions
Am I qualified to own a Perkins Restaurant & Bakery franchise restaurant?
If you’re passionate about the Perkins® brand and meet the financial qualifications for ownership, reach out to us to start a conversation about our restaurant franchise opportunity. While many of our top-performing franchise owners are experienced restaurant owners and operators, we have comprehensive support to help our franchise owners thrive and flourish, no matter their experience level. We’re actively seeking multi-unit investors, and entrepreneurs who want to bring our brand into new markets.
How much would a Perkins franchise restaurant investment cost me?
The total investment estimate to open a Perkins® restaurant & bakery franchise ranges between $1,183,715 – $3,290,465. The total investment includes the $40,000 franchise fee. For a more detailed listing of expenses to be expected, please refer to Item 7 in our Franchise Disclosure Document (FDD) for more information.
What experience do I need to own a Perkins franchise restaurant?
Is there a royalty fee paid to Perkins Restaurant & Bakery?
The royalty fee is 4% of weekly net sales.
What about advertising fees?
All owners contribute an advertising fee of 3% of weekly net sales.In addition, all franchise owners will spend 1% of net sales on local advertising and marketing.
What is the term of the Perkins franchising agreement?
Is financing available?
While we don’t offer direct access to financing, we do have relationships with third-party lenders who can help you secure the funds you need to open your new businesses.
What support does the Perkins Restaurant & Bakery franchise model provide franchisees?
Once a franchise restaurant is awarded, you become part of the Perkins® family, and we begin the process. You’ll receive comprehensive support in all aspects of the business model, including:
- Site selection and build-out
- Grand opening support
- Marketing support
- Technology support
- Menu innovation
- Regular field visits
- Professional development
- And more!
Can I suggest a location for a Perkins franchise restaurant?
So if you believe a location near you would make an ideal Perkins® franchise location, we’d love to know!