How much will my investment be?
The overall investment will vary depending on the location. A brand new building will naturally be more expensive than a conversion of an existing restaurant site. For a brand new restaurant, the costs can be as high as $2.6 million. This amount may be reduced depending on the arrangements negotiated with the landlord.
How much unencumbered cash do I need?
Our requirement is that prospective franchisees have a minimum of 40% of the overall investment available as unencumbered cash.
Will you do a credit & criminal record checks on me?
Yes! A credit and criminal record check is done as part of our recruitment process. We arrange for these checks to be done by a third party.
If I am approved as a franchisee, how long does it take to get the restaurant open?
The success of a White Spot restaurant is very dependent on the location of the restaurant. We take a very conservative approach to our site selection to ensure our franchisees are successful so it is difficult to put a time frame on this. If a site has already been identified and is ready for construction, then it is possible to have the restaurant open within a year.
What is the profit of a White Spot restaurant?
It is impossible to give franchisees a definitive response to this question. The success of the restaurant does not just rely on sales, but also on controlling expenses. As mentioned previously, when we select a site we do take a very conservative approach to insure success.
Are there any existing locations for sale?
From time to time, existing locations do come up for sale. If this is of interest to you, please feel free to let us know during the application process.