Total investment costs to open a Pizza Ranch restaurant will vary by project and are influenced by type and size of building (i.e. model store, retrofit existing space), purchase/lease rates, and other variable costs.
Estimated initial investment range for Retrofit/Leased Space is $1,032,000 - $1,408,000 and for Model Ground-Up Restaurants is $1,792,000 - $2,759,000, which includes a franchise fee of $30,000. Once the restaurant is open, there is an ongoing fee of 4% royalty and a required advertising spend of 3%.
Of the total restaurant investment, typically 20% - 30% must be available in liquid cash assets in order to qualify for a loan for the balance of the investment.
If you are not able to meet the financial requirements on your own, you may consider forming a partnership group with equity partners in order to qualify.