Joey's Fish Shack - Franchise
Sea the Difference! Since 1985, we've grown into Canada's largest seafood restaurant chain, but we've never swayed from our original mission: to serve the best fish & chips, always cut & battered in-house. With a fresh re-brand and a whole new menu offering, Joey's Fish Shack is set up for the next generation of consumers. Inquire to learn more.
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $100,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $400,000 What does Net Worth mean? |
| Franchise Fee: | $35,000 What does Franchise Fee mean? |
| Total Investment: | $309,550 - $385,900 What does Total Investment mean? |
| Royalty Fee: | 5% from Food Sales |
Options
Options available to franchisees:
| Training: | Available |
|---|
Franchisor Details
Facts about this franchise:
| Total Units: | 61 |
|---|---|
| Year Founded: | 1985 |
| Franchising Since: | 1992 |
What Does a Joey's Fish Shack Franchise Cost?
To buy a franchise with Joey's Fish Shack, you'll need to have at least liquid capital of $100,000 and a minimum net worth of $400,000. Franchisees can expect to make a total investment of $309,550 - $385,900. Joey's Fish Shack charges a franchise fee of $35,000.
Joey’s Franchising Group operates passionate brands like Joey’s Fish Shack, strEATS, Joey’s Seafood Restaurants and more for well over 35 years.
Furthermore, Joey’s Franchising Group has great buying power which means lower food costs for our franchise partners.
We believe the next generation does not want to sit inside a typical Quick Service Restaurant (QSR). They want to go to their local spot that feels personable which is why it’s our goal to create franchises that curate & offer a sense of belonging.
We offer:
- 200+ Years of Combined Contemporary Restaurant Experience
- 150+ Restaurants Opened
- 35+ Years in Business
Joey’s Fish Shack Franchise Advantages
Lower Franchise Fees – Considerably less than many other concepts, especially with two brands.
Good Locations – We fill a market niche with little competition and provide developers and landlords with an exciting option compared to “ordinary” concepts in the market today. We also actively assist in handling negotiations and real estate hunting for you.
Unique – Mid-priced, high-quality neighborhoods, fast and casual with few competitors nationally.
Longevity – Because we’ve been around for over 35 years, there is a proven history and this provides less risk to you.
We Make Life Easy!
We know the process of store ownership can be tedious and tough which is why we aim to make the process as easy as possible!
Our prospective Franchise Partners have to do as little to no work as possible during the build other than to simply sign off, get the keys and start selling!
Below are things we handle during the building process:
- Pulling permits
- Architectural drawings
- Finding advantageous locations
- Negotiating lease
- Offer to lease
- Handling quotes from general contractors
- Interacting & managing general contractors
- Check ups on the store throughout construction
- Ordering of equipment
- Training for staff & franchise partners
Training
We believe training is the most important investment of the time that a new franchise partner can make. In order to get you ready for ownership, before your Joey’s Fish Shack franchise is ready to open, we provide you with a 4-week training program that gets you fully ready for the following:
- Day-to-Day Operations
- Back-End Management
- Labor Cost Analysis
- Fixed Expenses
- Budgets
- Projections
- Cash Procedures
- Accounting
- Scheduling
- Hiring, Interviews
- How to Cook
- Food Sanitation
- Food Ordering
- Stock Management
- People Management
- Recipes
Taught by seasoned experts, the training features hands-on practical guidance. Our classroom sessions complement your “on-the-job” education and you will receive accounting, marketing and operations materials to assist you through the process. This is to ensure your opening is a smooth process for your new business.
Ideal Candidate
We love working with passionate and driven partners. Below are qualities we believe are important to be able to be a successful franchise partner.
When awarding franchises, we look for the following key attributes:
- A positive and outgoing attitude
- Good business acumen and business financial knowledge
- Strong problem-solving skills and the ability to see projects to completion
- Well-rounded people with leadership and communication abilities
Hands-on ownership is preferred but an Operating Partner should hold a minimum of 20% interest in the business if the majority owner is not a day-to-day operator.
*Food-service experience is a plus but not a prerequisite*
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