OWN A SAMURAI SAM'S TERIYAKI GRILL® FRANCHISE Franchising FAQ
- Franchising Costs
- Financial Requirements
- Royalty Fee
- Advertising Fee
- About Building a Store
- Finding a Premier Location
- Generating Sales
- Support for Multiple Stores in the Same Town
- The Steps to Owning a Franchise
The franchise fee for your first franchise is $30,000. The franchise fee for multiple units may be discounted for additional franchises based on certain conditions and criteria. We suggest that you have in reserve $15,000-$30,000 for operating expenses until your business is up and running. The estimate initial investment for a traditional Samurai Sam's restaurant will be between $115,600 and $427,050.
To purchase a Samurai Sam's franchise, you will need a credit score of 600 or above, a net worth of $250,000, and the required liquid capital of $100,000.
If I don't meet the financial or operational criteria to become a franchisee, can I partner with someone who does?
Yes, you can. As long as your partner owns at least 50% of your organization, this is acceptable.
No, Samurai Sam's does offer financing although we do have a broad list of recommended lenders we can share with candidates.
The continuing royalty fee is the greater of 6% of gross sales or $300 weekly, excluding sales tax, for traditional locations, and 6% of gross sales for non-traditional locations.
Currently the advertising fee is 1% of gross sales if your store is located outside the metropolitan Phoenix area, and 2.5% if your store is located within the metropolitan Phoenix area. Fees go to National Marketing, Brand Building and Local Marketing. Your Samurai Sam's representative will be able to provide additional information. However, some areas of the country operate in co-ops and have additional advertising fees tied in for the use of local co-op marketing.
The Samurai Sam's team will guide you through all phases of the site selection, lease negotiation, construction, training, Grand Opening and ongoing processes for marketing and operations.
The Samurai Sam's and real estate teams work at securing the best locations in each city. Once you become a franchisee, you can also work with the Samurai Sam's team to research and suggest outstanding Samurai Sam's sites.
Building sales takes effort on many different levels - from running your business with monitored food costs, to strong operations, to local store marketing, to most importantly ensuring that you give every customer a reason to return. The Samurai Sam's marketing team will assist you by creating national and local store marketing initiatives and advertising that are key to building sales. Increasing sales takes diligent effort in all areas of your business.
Samurai Sam's has mapped out a range of site opportunities in each region. If a store already exists in your area, there may be enough local demand to support more stores. Ask your Franchise Development Manager to discuss opportunities.
Up to two people are included in the training process as part of the initial franchise fee. Additional staff may attend for a fee.
There are five main steps to owning a franchise:
- Complete Your Application
- Sign Your Franchise Agreement
- Secure Your Location
- Build & Outfit Your Store
- Open Your Store
Read the details by visiting our Steps to Becoming a Franchisee page.
Don't see your question here? Visit the Samurai Sam's Franchise Inquiry Page to ask a question or to find out more about becomming a Samurai Sam's franchisee.