Monk's Bar & Grill is analyzed based on our most recent FDD research!
Monk's Bar & Grill has an initial franchise fee of up to $30,000, with a overall initial investment range of $749,500 to $3,435,000.
The upfront cost of any franchised business includes many fees. Unlock this investment opportunity to better understand the specific costs required to buy a Monk's Bar & Grill, such as franchise fees, construction and costs, grand opening marketing, and furniture and fixtures purchases. It should be noted that, franchisors must 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.
Can you Afford This Franchise. Complete our Affordability Calculator to find out!
As with any new business, there should be a strong ROI and net profit potential. The specific franchise owner's income and the profits from a Monk's Bar & Grill franchise opportunity depends on a variety of factors. One way to validate the potential revenues or profits generated from a Monk's Bar & Grill franchise investment is to review the franchisor's Item 19 within their FDD. This is called a financial performance representation. This is not required within a franchisor's disclosure and approximately 68% of all franchisors in our database will disclose financial performance data within Item 19 of their FDD. Some franchisors may provide limited information such as average gross revenues. This type of information is not always helpful to assess profits for you directly. So review average sales data with caution. As expected, usually profits and owner's salary are correspond to the overall size of the initial investment. The larger the initial investment, the higher profits you could expect to see
For additional information and system-specific data on the profits of a Monk's Bar & Grill franchised business, unlock this franchise
As of the 2016 Franchise Disclosure Document, there are 2 franchised Monk's Bar & Grill locations throughout 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.
Based on 2016 FDD research, Monk's Bar & Grill has franchise locations in 2 states. There may be no locations in several states as each franchise plans their growth strategy differently.
Based on our research this franchise opportunity is expanding into new cities and might be available near you. While planning your franchise purchase, you should be thinking about what is a good location for my business. Anlayze the potential customer base to confirm that the area you are looking at has a need or want for this business. Even the most popular franchises have cities that they are not successful in. The reasons why a specific franchised location can fail are plentiful. You should analyze not only the franchised business itself, but map out areas where you believe the business has a greater chance to succeed.
One of our advisors will have detailed knowledge about this franchise. Unlock to learn more and connect with our advisors.
Last Reviewed: 2016
Yes, they have an initial training program of 400 hours. This includes 40 hours of classroom training, 360 hours of on-the-job training, and N/A hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
Monk's Bar & Grill offers territory protections. For an explanation of territory rights, unlock this franchise for more details.
Yes, Monk's Bar & Grill offers comprehensive support for franchisees. Unlock this franchise to find out more.
They began franchising in 2013. The average Bar and Grill franchise began franchising in 2010.
No, but you can click here to fill out our affordability calculator and understand your financing options.