If you have ever considered opening your own restaurant, you’ve likely considered the risks and rewards associated with such an endeavor. However, what you might not have considered are the benefits of partnering with an existing brand, such as Big Whiskey’s, which offers the most competitive and lucrative franchising opportunities around.
Big Whiskey’s American Restaurant & Bar has been gaining recognition among industry leaders across the country as an elevated and approachable restaurant and bar for the modern family. For you, it’s a fresh, new franchise opportunity with unrivaled guest appeal.
From the moment we opened our doors nearly fifteen years ago in downtown Springfield, Missouri, our founders knew how to build a loyal customer base. By offering top quality, creative food and drinks at the right price, we’ve built a sustainable customer base that returns time and time again for our fun, laid-back atmosphere and our rockstar service.
Since the finalization of the Big Whiskey’s concept in 2005, Big Whiskey’s has grown from a single-location establishment to a successful franchise with locations in Missouri, Arkansas, Alabama, Oklahoma, with additional locations set to open in Florida later this year.
Check out our list of 5 reasons why Big Whiskey’s is a better franchise option below!
- Lower Initial Investment
- Lower Liquid Asset Requirement
- Lower Franchise Fee
- Lower National Marketing Fund
- Higher Free Standing Gross Revenue
Lower Initial Investment
Big Whiskey’s has found great success over the years, out-performing most of our competitors on a variety of metrics in an effort to save/make our franchisees more money. We are proud of our ability to grow as a franchise, but we want each of our franchisees to have the same amount of success. At Big Whiskey’s your initial investment cost will be much lower than competitors like Walk-Ons. The initial investment fee at Big Whiskey’s is just $1,730,000 compared to Walk-On’s initial investment fee of $2,807,034.
Lower Liquid Asset Requirement
Franchising with Big Whiskey’s can save you a lot of money up front. Many of our competitors like Walk-On’s require $500,000 in liquid assets per location. Luckily for you, Big Whiskey’s requires a minimum of just $300,000 in liquid assets.
Lower Franchise Fee
Franchise fees are inevitable when opening a new restaurant that is part of a hugely successful brand. Big Whiskey’s and Walk-Ons have both found great success as franchises, but Big Whiskey’s makes it a bit easier to get in on the game. Walk-Ons charges a franchise fee of $60,000 per location, whereas the franchise fee at Big Whiskey’s is significantly lower, at $50,000 per location.
Lower National Marketing Fund
National Marketing Funds are a great tool for a franchisor to obtain financial resources for their promotional or marketing activity. Typically, the network of franchisees contributes a small percentage of sales toward the National Marketing Fund. At Big Whiskey’s we require just 1% of sales, whereas other franchises including Big-Shots charge 2%. While this may seem like a small difference, it can have a major impact on your overall profits and growth.
Free Standing Gross Revenue
As you’ve seen already, Big Whiskey’s can save you hundreds of thousands of dollars in the initial stages of franchising and marketing, but what about earnings? We are pleased to report that Big Whiskey’s has a free standing gross revenue of $5,221,095, which is significantly higher than Walk-Ons, with just $4,830,034.
With significantly lower starting costs and higher free standing gross revenue than our market competitors, it’s easy to see why Big Whiskey’s is the best franchise option for you. If you’d like to know more about franchising opportunities with Big Whiskey’s get in touch with us!