In today’s market, the opportunity to buy a Perkins restaurant franchise business couldn’t be better for experienced restaurateurs interested in aligning with a concept that has withstood the test of time. Now more than ever, restaurant customers are looking for value without sacrificing selection and taste. A top leader in the family restaurant dining segment since 1958, Perkins offers high quality, flavorful and affordable menu options for breakfast, lunch, and dinner and snack. With more than 440 units across the U.S. and Canada, the heritage of the Perkins brand and the ability to adapt to current consumer trends have placed it among the top performing companies in the family restaurant franchise segment.It’s time to take a fresh look at Perkins Restaurants. Find out how you can own one of the best family restaurant franchises in the business, and deliver the Perkins experience to loyal diners, through single-unit operations and multi-unit ownership franchise opportunities. Perkins gives you the chance to bring comfort, value, and great taste to your community - not to mention solid growth potential to your own career in foodservice.Perkins has a vision for the future, and wants you to be part of it: our goal is to continue to offer great food and memorable dining experiences to guests across the continent!Join Perkins and leverage our name, our established systems, and our special recipes - all while pleasing your guests and charting your future in the industry.The total investment necessary to begin operation of a Perkins
Restaurant and Bakery franchise is $1,557,975 - $2,742,975. This
includes the $50,000 initial fee paid to the franchisor (unless you are
participating in the Refranchising Program). Under the Company
Restaurant Refranchising Program, in which an existing company-owned
restaurant is transferred to a franchisee, the initial franchise fee is
negotiable and will vary in amount depending on, among other things, the
length of the franchise term and the profitability of the restaurant
(additional information about the Refranchising Program is provided in
the Disclosure Document). In addition, if you sign a Development
Agreement for three or more restaurants, the initial franchise fee is
$40,000 for the first restaurant, $35,000 for the second restaurant and
$30,000 for the third and any subsequent restaurant(s).
$129.55 USD
+0.25 (+0.20%)
It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
Please Note: The operators of Perkins, may not have verified the accuracy of the Franchise information contained within this website.
For accurate up-to-date information, investors are strongly recommended to visit the official Perkins website.
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How much does it cost to open a Perkins Franchise ?
The investment required to open a Perkins Franchise is
between $1,557,975
-
$2,742,975
.
There is an initial
franchise
fee of $40,000
which grants you the license to run a business under the Perkins name.
Individual Franchise Costs
- Initial Investment:
$1,557,975 -
- Initial Franchise Fee:
$40,000
- Royalty Fee:
4%
- Term of Agreement:
20 years
- Renewal Fee:
$5000-$7500
| Expense |
In-House |
Third Party |
| Franchise Fee |
No |
No |
| Startup Costs |
No |
No |
| Equipment |
No |
No |
| Inventory |
No |
No |
| Accounts Receivable |
No |
No |
| Payroll |
No |
No |
Perkins Growth History
When did the first Perkins open?
1958
When did Perkins start Franchising ?
1958
| Year |
U.S.A. |
Canada |
International |
Corporate |
| 2006 |
306 |
16 |
0 |
155 |
| 2005 |
319 |
16 |
0 |
152 |
| 2004 |
317 |
15 |
0 |
156 |
| 2003 |
317 |
15 |
0 |
156 |
To calculate how much income a franchise owner can do at Perkins Franchise , may vary on factors like location, size etc.
On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low.
As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise ver_a.
Location to location and seasons the months costs may vary.
Most franchises start up costs are typically fixed and they will cover most of the initial oper_ating costs like signage, furniture, decoration and renovations.