On the Hook Fish and Chips Mobile Franchise: Frequently Asked Questions
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Some Commonly Asked Questions About How to Own a Mobile Franchise with On the Hook…
What experience do I need to own a mobile franchise with On the Hook Fish and Chips?
To own a franchise with On the Hook Fish and Chips, you should share our commitment to high standards of integrity and excellence, and embrace new technology to drive industry innovation. Ideal candidates possess strong leadership skills, the ability to manage and inspire a team, and a genuine passion for quality. We value individuals who are trainable, humble, and resilient, with a proactive attitude and strong interpersonal skills. If you’re enthusiastic about our philosophy and ready to contribute to our brand’s growth, we want to hear from you.
What is provided as part of the On the Hook Fish and Chips franchise program?
Franchise owners and their managers will spend one week in the classroom for comprehensive training on the On the Hook franchise model and one week of practical training to see how the business operates. When it’s time for your Grand Opening, our On the Hook team will travel to your location for two weeks, to make sure you are calm, confident, and excited when you open your doors. Owners will have access to the On the Hook Confidential Operations Manual for daily operations. Our team is available to assist you when you need us. We are always just a call or click away.
How much will the On the Hook Fish and Chips franchise program cost me?
The estimated initial investment necessary to begin operations ranges from $619,260 to $1,062,000 for a Two Truck Territory and $359,360 to $700,600 for a One Truck Territory. This includes $58,000 for a Two Truck Territory and $43,000 for a One Truck Territory that must be paid to the Franchisor or an affiliate. As with any new venture, it’s important to have adequate capital to fund the initial business growth stages.
Is financing available?
We do not provide direct financing to franchise owners, but we may refer to financing sources on a case-by-case basis.
Are there ongoing fees to pay?
We collect a royalty fee equal to 7% of gross revenues. Fees such as these allow us to fund our ongoing support services and the continued development of programs, marketing tools, training programs, recipes, and systems upgrades. For a full list of fees and requirements, please refer to our Franchise Disclosure Document (FDD).
Are there any advertising fees?
Franchise owners will be required to spend the greater of 5% or $750 per week per truck on local marketing each month. You will also contribute up to 2%, currently 1% of gross revenues to the brand marketing fund. Collected funds will be used to develop marketing strategies to promote the On the Hook Fish and Chips brand and cover the creative costs to develop branded marketing materials and campaigns.
What is the term of the agreement?
The initial term of your agreement is 10 years, with two subsequent successor agreement options of five years each.
How do I get started?
If you’re interested in learning more about the On the Hook Fish and Chips Mobile Franchise Opportunity, contact us at (307) 395-2300 or franchising@onthehookfishandchips.com. Let’s discuss setting up a meeting, speaking with our management staff, and receiving our FDD, for all the important details you’ll need to make an informed decision.