Top 3 Fast Food Franchise To Start With No Money




My main questions when making this video and finding the best fast food franchises was simple. I wanted to know how easy it would be to get started, How much it would cost and ofcourse how much money I could possible make. ( and today, I’m going to answer all those questions with the top 3 franchises )

However, before I get started, I do want to say something things. I always here and see stories about people starting businesses without having any experience and then loosing a ton of money. Don’t be stupid. If you want to start a business, the best way to learn is to work at the company and start from 0. So do that.

Second thing: this is not a passive income business initially, it requires work, hiring the right people, you bring involved and being a CEO. Just because you have the Mcdonalds logo, wendys or burgerking, it wont mean the burgers are going to sell themselves. They require you and a good team.

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1. Chick-fil a
– I’ve eating their a few times and its always been very quick, food quality is great but most important the employees atleast in new York are solid
– They are always closed on Sundays ( Day of rest or Worship )
– And last year in 2020, they made around 4.3Billion dollars. But they make it very clear that owning one of their franchises is not a passive income venture, it’s a full time hands on gig.

Here is the info you want to know:
– Initial Cost is $10k Us dollars or 15k Canadian Dollars ( franchise fee)
– It is hard to get picked (20k Applicants and only .04% get it) and thorough ( usually takes from 12-24 months )
– You will actually be an Operator not a franchisee

Your pay:
– comes from the revenue, about 5-10% of the revenue is yours
– and according to google the average restaurant makes 5.3Million
– So 5% of that is $265k a year ( not bad but remember this takes work and is not guaranteed)

Overall:
– Your buying a very good well paying job
– And chick-fil-a is buying the location, maintaining all ownership
– And it easier to get into hardvard than it is to get into chick-fil a

2. McDonalds
– I know, its big and its massive, but it is possible to get one ( it just depend on when you live)
– Don’t forget Mcdonalds is world wide
– And yes you are a legit Franchisee ( fun fact theirs a mcdonalds restaurant opened every 14.5 hours)

Requeirement:
– You have to have liquid assets of around $500k
– Construction will cost 1-2.2Million dollars and you have to pay the initial 40% with cash and then the other you can financed)

Cost:
– Franchise Fee of $45,000
– Royalty to them of 4% of gross monthly sales
– And also a rent to the company of average 10.7%

Profit:
– It depends on the location
– Some might make 150k and some might make a lot more
– One thing is for sure you need deep pockets to get started

Alternative: Buy a good location, this will give you historical income, pre build location and customer base.

3. Subway
– Why subway as the last one, because its honestly one of the most affordable ones that can make you a good amount of money
– That’s why you see so many of them, and they require very little space

Requirement:
– Have a net worth of $80k

Cost:
– Franchise Fee: $15,000
– Initial investment of 116k-$263k ( real estate, signs and so on – that’s why it varies so much)
– Weekly fee o 12.5% of gross sales ( 8% franchise royalty and 4.5% advertising )

Profit:
– On average they generate $417k a year

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*Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I’m an Accountant but I’m not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.

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