Deciding to buy a Hungry Howie's pizza franchise is a major decision, and one that you shouldn't take lightly. You must have a large amount of capital available and the willingness to do whatever it takes to see your small business make a profit.
Instructions
1. Have the funds. Buying a Hungry Howie's franchise isn't cheap. You must be able to come up with a lump sum of money in the beginning to get your store, and then you must be able to give up a 5 percent royalty fee and a 3 percent advertising fee every year after that. Typically, you can expect to spend $100,000 to $300,000 to get your store opened. On top of that, the company asks that you have a minimum net worth of $150,000 with liquid assets of $50,000.
2. Fill out an application. Before you can buy a franchise, you first have to apply. This application is where you provide information about your past restaurant experience, and your financial statements of net worth.
3. Choose a site. A major part of buying a pizza franchise is finding the right location. You want to find a place that's large enough, and that would draw in a good client base. You need to then customize your site to fit the look of Hungry Howie's.
4. Attend training. When you buy a Hungry Howie's pizza franchise, you also undergo a great deal of training to get you ready for business. You'll learn about management and the product as well as marketing and business basics.
