Join our Franchise System

Overview

Our franchising department will assist you in getting your dream started with support for, site selection, leasing, design, training, and continual marketing and operational support.

Mission Statement

Foodtastic prides itself on building unique restaurants, which serve mouthwatering food and exotic drinks all in an entertaining atmosphere. We pride ourselves in serving our franchisees, who in turn serve our restaurant customers.

Culture

Fun: We believe in having fun in what we do. The more you enjoy what you do the better you will be at it. You will do it with love and dedication. We instill this philosophy at the corporate level, but also in our restaurants. It makes our customers dining experience more unique.

Rewarding: We believe that we need to provide our customers a rewarding experience. This belief is also carried over with our employees, where we constantly work with them to achieve their goals, and our franchisees who through hard work can acquire multiple restaurants, and concepts.

Honesty: The backbone of our organisation. It is how we treat our employees, how they treat our franchisees, and how we expect our customers to be treated.

Service: We work  to achieve the highest standards of service to our franchisees, who in turn work hard to ensure every guest gets the proper service they deserve. “We serve those who serve our Guests”.

Foodtastic Provides

  • Site selection and leasing expertise.
  • Design and plans per specific location.
  • Construction Supervision.
  • Financing and Business plan assistance.
  • Training program and opening support team.
  • Business operational support.
  • Marketing.
  • Purchasing.
  • Menu development, bar and kitchen.
  • Ongoing innovation in the industry.

Frequently asked questions

How much equity (cash) is required?

Depending on the concept you will need between $350,000 to $500,000 of unencumbered cash. Our shopping mall counters would require between $100,000 and $150,000.

What is the cost of a Restaurant?

The purchase of a restaurant ranges from $700,000 to $1,100,000* depending on certain factors such as, local labour and material cost, condition of the space to be leased, landlord’s contribution towards leasehold improvements and the like. Shopping mall counter restaurants range from $225,000 – $300,000.

Does Foodtastic provide financial assistance?

Foodtastic Inc. does not provide financing for franchisees, however we will help you prepare a detailed application for financing which will assist you in obtaining the required level of financing. We are also currently working with several dedicated franchise banking partners

How much are the fees

Initial franchise fees range from $10,000 for a quick service counter to $35,000 for a full restaurant concept. Royalty fees are 5% and Advertising fees are 2%.

As an investor, do I also have to operate the restaurant?

For all independent owner/operator locations, our policy is that one of the partners with at least 25% equity participation complete our training program and be responsible for the day-to-day operation of the restaurant.