Sugarfire Smoke House is a barbecue restaurant known for its innovative and flavorful smoked meats. The franchise combines traditional barbecue methods with unique dishes to create a one-of-a-kind dining experience.
Key Insights
- Sugarfire Smoke House began as a passion project, growing from its initial location into a recognized name in the competitive barbecue scene, developing a loyal customer base through its dedication to quality and authentic flavors.
- The franchise operates as a full-service restaurant and catering business, offering a diverse menu centered around slow-smoked meats and classic sides, supported by streamlined operational processes designed for efficiency and consistency across locations.
- The business operates within the fast-casual dining sector, a segment of the food industry characterized by strong consumer demand for convenient, high-quality meals and a growing appetite for unique, chef-driven concepts.
Franchise Fee and Costs to Open
Exploring the financial picture of Sugarfire Smoke House gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $719,500 - $1,184,000, along with a franchise fee of $50,000 - $50,000.
Financial Performance and Revenue
Yearly gross sales of $3,007,339 and estimated earnings of $360,881 - $451,101 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 2.8-4.8 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Sugarfire Smoke House provides comprehensive training. Initial training spans two weeks and is held at Sugarfire Smoke House headquarters. This training offers instruction on operational procedures and brand standards. Sugarfire Smoke House provides operational manuals and marketing materials to support new franchisees. Resources for ongoing support are also offered.
Legal Considerations
Legal considerations for a Sugarfire Smoke House franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
A franchisee may encounter challenges in navigating local market competition, requiring differentiation through service and product quality. The operational complexity of a smokehouse, from maintaining consistent cooking temperatures to managing inventory of specialty meats, demands significant training and attention. Furthermore, reliance on specific suppliers for premium ingredients can present complexities in ensuring consistent availability and cost.
Franchise Datasheet
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