Walk-Ons Bistreaux and Bar - Franchise
"Laissez les bons temps rouler" - Let the good times roll at Walk-Ons Bistreaux and Bar. We were voted the #1 Sports Bar in North America by ESPN. Our Louisiana inspired food and beverage combined with an over the top AV package, beer taps at your tables all served up by Walk-Ons All American Cheerleaders sets us apart from the rest. In Louisiana, it's always fun and it better be good!
Requirements
Financial requirements for this franchise:
Liquid Capital: | $200,000 What does Liquid Capital mean? |
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Net Worth: | $1,000,000 What does Net Worth mean? |
Total Investment: | $1,200,000 - $2,500,000 What does Total Investment mean? |
Options
Options available to franchisees:
Training: | Available |
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Veteran Discount: | We offer a 5% discount on our fee to qualified military veterans. |
Franchisor Details
Facts about this franchise:
Total Units: | 4 |
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Home Office: | Baton Rouge, LA |
Year Founded: | 2003 |
What Does a Walk-Ons Bistreaux and Bar Franchise Cost?
To buy a franchise with Walk-Ons Bistreaux and Bar, you'll need to have at least liquid capital of $200,000 and a minimum net worth of $1,000,000. Franchisees can expect to make a total investment of $1,200,000 - $2,500,000. They also offer a discount for veterans (We offer a 5% discount on our fee to qualified military veterans.). *
Why Walk-On’s?
We’re a sports bar, we’re a great restaurant, and we’re a place where families, sports fans, seniors and all alike can gather for fun, food and the love of the game.
The combination of our great Louisiana inspired menu combined with a state of the art AV package and beer system served up by Walk-On’s All American Cheerleaders sets us apart from the rest.
Becoming a franchisee with Walk-On’s Bistreaux and Bar is a big decision and it is our goal to provide you with as much information for you to make the best decision possible.
The Concept
The name Walk On’s was established because Jack Warner and Brandon Landry were both former LSU Basketball team Walk-On’s. Jack and Brandon played for the love of the game and to be part of the team. Jack and Brandon believed in the motto “team before self,” playing for the name on the front of the jersey, not the back. Knowing your role and excelling in that role will only make your team stronger and lead to a win.
Bistreaux is spelled with the “eaux” says Louisiana. “Laisses Bon Temps Rouler”, let the good times roll, is a common phrase used in Louisiana which ultimately means good food, drink, and fun. At Walk-On’s we take pride in our made from scratch kitchen preparing only quality food, embraced with the finest ingredients which include Louisiana seafood and the knowledge of knowing when we say we’re from Louisiana “it better be good and we better have a good time.”
Bar, well we are a sports bar. In fact we were voted the Best Sports Bar in North America by ESPN in 2012. The best sports bar has a great AV package, an incredible selection of ice cold beers on tap and inspired cocktails, all served by the beautiful Walk-On’s all American Cheerleaders.
Our business model is simple, serve great inspired food with a fun “game day” atmosphere. Make sure the cheerleaders are in place to keep the winning days going and find a way “to get our customers in the game” when their day’s have not been the best.
Making The Team
Initial Investment
$1,167,500 to $2,611,500
Financial Requirements
- Multi-Unit/ Area Developers prepared to open 3 or more locations in 4 years
- $400,000 liquid per location - $1,300,000 net worth per location
Operating Partner Requirements
- A minimum of 5 years high volume full service restaurant experience (multi-unit experience preferred but not required)
- Must embrace the Walk-On’s systems and standards to deliver the Winning Game Day Experience
- Live in the community where you wish to open a Walk-On’s
- Must have a minimum of 10% equity stake in the franchise location
- Be team oriented. Ideal candidates should have played some team sports during their youth and understand the importance of building a great team around you
- Extravert personality – can you by the “mayor” of your community?
General Franchise Agreement Specifics
- Franchise Fee: $60,000 per location (includes store opening training team (see item 6 “other fees” in the FDD)
- Franchise Agreement Term: 15 years, 10 year renewal terms
- Royalty: 5% of gross monthly revenues (paid weekly)
- Marketing Fund: 2% (not collected at this time)
Franchise Support
Real Estate
Our goal is to have one area developer in each major market develop Walk-On’s locations in the market. We will have our designee work with you to located suitable sites for your Walk-On’s location.
Construction and Design
We will share design elements, layouts and designs to build your Walk-On’s Bistreaux and Bar. Locations that are new construction built from the ground up will vary significantly from conversions of closed restaurants or existing space. You will still need to employ your own architect to finalize your restaurant design and plans. We will provide you with approved suppliers from architects, construction and equipment companies to complete your project.
Operator Training
Our operator training program will last 7 weeks and is conducted at our designated training location. Training will focus on position and management training in both in the kitchen, the “heart of the house” and the front of the house. A minimum of 2 operators must successfully complete the training program. The cost of training for up to 3 people is included in your franchise fee. There is an additional fee of $5,000 per additional operator(s) to complete the training program. All expenses associated with attending the training sessions is your responsibility.
Marketing
We will provide you with templates and designs for advertising both in store and outdoor media. All marketing materials must be approved by the marketing department prior to being put into use. We will also provide you with a local store marketing manual and information on how to market your new store opening.
New Store Training
We provide up to 17 days of onsite training support to train your new hired Walk-On’s team to effectively operate your restaurant. It is your responsibility to hire a great crew and we will assist by providing you the necessary materials and checklists to hire a great crew. Any additional onsite training support will be at your expense.
Regional Operations Consultant
You will be assigned a Regional Operations Consultant (ROC) to provide you guidance in how to operator your Walk-On’s franchise. Your ROC will also serve to make sure that all system standards are being upheld to the highest level.
Awards
Walk-Ons Bistreaux and Bar has received the following awards and acknowledgements:
Voted Best Sports Bar in North America by ESPN in 2012
Availability
Walk-Ons Bistreaux and Bar is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming
Interested parties should have at least $200,000 in liquid capital to invest.
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