$50,000 for your first store. $25,000 for each subsequent store you open.
Yes. Bono's requires two management personnel to complete our training program, In addition, Bono's will send five corporate trainers to assist you when your new store opens.
Royalty fees are 4% of gross monthly sales, plus an additional 2% for marketing and development efforts.
Bono's seeks Area Developers who are willing to have an exclusive development contract of a defined territory. The franchisee will have a negotiated number of stores which must be opened according to a development schedule agreed upon by both parties.
Yes. We will not sell any other franchises in your given territory as long as you follow the agreed-upon development schedule.
The total investment ranges from $1.5 million to $2 million but the costs vary substantially depending upon the location and whether you build a freestanding restaurant or lease space.
Yes. You should have at least $500,000 in liquid assets (excluding primary residence) and the ability to borrow up to $1.5 million per location.
No. As the franchisee, you are responsible for obtaining your own financing.
Bono's strongly prefers that individuals or your franchise group have prior restaurant operating experience.