AFC Franchise Analysis
AFC is graded based on our most recent FDD research!
Franchise Info
AFC (Advanced Fresh Concepts) offers prepared foods at grocery store, retail center or other location that someone else owns.
How much does an AFC business cost to open?
AFC has an initial franchise fee of up to $2,300, with a overall initial investment range of $19,944 to $83,169.
- Initial Franchise Fee: $2,300
- Total Investment: $19,944 to $83,169
- Working Capital: $5,400 to $24,000
- Royalty Fee: 8.0%
The initial cost of any franchise opportunity includes many fees. Explore this investment opportunity to better understand the initial costs required to buy an AFC, such as franchise fees, leasehold improvement costs, grand opening marketing, and furniture and fixtures purchases. It should be noted that, franchisors are required to disclose all initial fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay.
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How much does an AFC owner make?
As with any new business, the franchise owner's salary and the profits from a AFC business depends on a lot of different factors. One way to validate the potential revenues or profits earned from a AFC franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. Typically, profits and owner's income are equitable to the size of the investment and number of locations you purchase. Demand for your products, your labor costs, commercial lease rates and several other variables also play a huge role in your profit margin and your personal salary
For additional information and franchise specific on the profits of an AFC franchise opportunity, unlock this franchise
How many franchise locations does AFC franchise system have?
As of the 2015 Franchise Disclosure Document, there are 3,289 franchised AFC locations across the United States.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Are there any AFC franchise opportunities near me?
Based on 2015 FDD analysis, AFC has franchised locations in 50 states. There may be no locations in several states as each franchise company plans their growth strategy differently. Specific states also require franchise companies to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to offering franchise opportunities to residents in that state. These registration states have examiners review a franchisor's FDD to ensure it satisfies state regulatory requirements. In addition to registration states, additional states have enacted supplemental franchise or business opportunity laws that require franchise companies to provide their franchise within the state. In most instances the filing is a notice within the state. Unlike franchise registration states, the franchise filing states do not examine a franchisor's FDD.
Based on the data collected this franchise opportunity is growing into new locations and might be available in your city.
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Last Reviewed: 2015
Sector: Retail Food
Category: Grocery Facility
AFC Franchise INFORMATION
5 Years
5 Years
3,099
3,289
8.0%
0.0%
EXTRA INFORMATION
Do they provide any initial training and opening assistance?
No they do not have an initial training program. Unlock to find out more.
| Online | N/A |
|---|---|
| On-the-Job | N/A |
| Classroom | N/A |
| Total | N/A |
Do they provide Territory Rights?
AFC does NOT offer territory protections. For an explanation of territory rights, unlock this franchise for important details.
Do they have marketing and technology support in place?
No, AFC does NOT offer comprehensive support for franchisees.
How long ago did AFC start franchising?
They began franchising in 2002. The average Grocery Facility franchise began franchising in 2016.
Do they offer lending options?
Yes. They offer certain financing options within Item 10 of their FDD.
Unlock this franchise for instant access to our research findings, including:
- Growth projections
- Turnover projections
- Financial transparency
- Initial and renewal terms
- Royalties and ongoing fees
- Important Franchise FAQs
- Our grade and free access to consult with a franchising expert
- What are the historical franchisee earnings?
- Do they provide Veteran or First Responder discounts?
- Do they use public figures to promote their franchise?
- Do they disclose any bankruptcies?
- Are they affiliated with any other franchise brands or private equity investment groups?
- How many new outlets have they opened in the last 5 years?
- How many franchised outlets have closed in the last 5 years?
- How many new outlets have they sold in the last 5 years?
- How many franchised outlets have terminated in the last 5 years?
- Do they operate any corporate or affiliate owned outlets?
- How long is their initial and renewal term lengths?
- How do they solve franchise disputes?
- How long has the franchisor been in business?
- Are they expanding internationally?
- How are the royalty, advertising and marketing funds administered and managed by the franchisor?
- How are territories defined?
- What is the role of technology in the operation of the franchise?
- Why has new franchise outlet growth been so low?
- What are the critical requirements for operating a successful franchised location in this system?
- Are you required to work in the outlet or is this a passive investment opportunity?
- Will they refund the franchise fee under certain circumstances?