What’s Needed to Own a Franchise

Thinking about bringing Foster’s Grille to your neighborhood? Here are a few of our most frequently asked questions about the process. Still have questions? Click here to fill out an information request form, and we’ll get back to you soon!
What’s different about Foster’s Grille compared to all the other fast-casual franchise opportunities?

Foster’s Grille is dedicated to serving simple, fresh, and made to order food that our customers love. Since 1999, we’ve built a model that’s easy for franchisees to implement in their locations. Becoming a franchise owner means getting an opportunity to work with a growing and expanding brand that knows what it takes to operate in a tough, competitive space. We’re a little bit country, a little bit rock ‘n roll, and we’ve got a menu that will satisfy even the most demanding appetite.

On the business side, our existing restaurants achieved an average annual unit volume of $899,600 in 2017.*

* You should review item 19 in our Franchise Disclosure Document. 6, or 50%, of the 12 locations that operated during the entire 2017 calendar year surpassed the average. A new franchisee’s results may defer from the represented performance.
Do I need to have previous restaurant experience to open a Foster’s Grille?

While previous experience in restaurants or other franchise environments is a plus, it’s certainly not a requirement. We’re looking for people who align with our brand and our values, and who are willing and able to help us grow. All new franchise owners go through intensive classroom and in-restaurant training before and after opening. We have processes and operation systems in place that are designed to prepare you for any situation.

What type of training is provided to new franchise owners?

We pride ourselves in our hands-on and personal approach to training. We’re not just going to shake your hand and wish you good luck. Intensive classroom education, in-restaurant shadowing, on-site assistance during your opening week, and regular check-in calls are all provided, so you’re never on your own. We’re with you every step of the way and are always available if you need assistance.

What are the financial requirements for opening my own franchised Foster’s Grille location?

We require all new franchise owners to have a minimum net worth of $500,000, including a minimum of $100,000 in liquid capital. Our initial franchise fee is $40,000, and the total estimated initial investment for new owners is generally between $291,700 – $538,100. Discounts are available for Veterans or investors opening multiple locations.

Does Foster’s Grille provide financing?

Currently we do not offer financing to franchisees. Our team will work with you to find third-party financing options that fit your specific circumstances.

How long does it take to open a new franchised Foster’s Grille location from when I sign the agreement?

There are a lot of factors that go into opening a new location. Generally, once a location is secured, it typically takes 3-4 months to open.

How do I choose a location?

We provide support throughout the site selection process to help you select a location that’s a good fit. We’ll guide you through finding a commercial real estate agent, architect, and builder to get your restaurant up and running.

Typically, we find that a neighborhood with at least 40,000 people and an average household income of $50,000 a year or more is the right place to start. From there, look for an area near a commercial or residential center, or near a large entertainment venue like a movie theater or bowling alley. We have store concepts for both free-standing and in-line locations. A location should be easily accessible and have ample space for parking.

Can I open multiple locations?

Yes! We offer both single unit franchises and Multi-Unit Area Development Agreements. Our franchise team members will be happy to discuss your options.

Does Foster’s Grille have suppliers in place?

Yes! We have existing partner suppliers who ensure you have fresh, high quality ingredients and other supplies at your restaurant when you need them.

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To find out more about owing a Foster’s Grille restaurant, fill out the information below and a member of our team will be in touch!

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Note: All information entered into this form will be kept confidential and used only by our franchise department for screening interested parties.