Guthrie’s FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is for a Guthrie’s restaurant featuring golden fried chicken fingers and other authorized products and beverages. The Guthrie’s restaurant caters to drive thru, carry out or eat in business.
Corporate Information
Guthrie’s Franchising, Inc is an Alabama corporation formed on January 5, 2004. Their principal business address is 2320 Moore’s Mill Road, Suite 600, Auburn, Alabama 36830. They have offered franchises since March 2005.
Investment
The total investment necessary to begin operation of a Guthrie’s restaurant is $231,050 – $569,200, excluding real estate costs. This includes $75,000 that must be paid to the franchisor or its affiliate. The initial franchise fee will be $35,000 for each Guthrie’s restaurant that you agree to develop. If you sign an area development agreement, you will also pay a development fee, the amount of which will vary, depending on the factors described in Item 5 of this disclosure document. The portion of the development fee attributable to the development of the Guthrie’s restaurant will be applied against the initial franchise fee when the franchise agreement for the Guthrie’s restaurant is signed, and the remainder of the initial franchise fee will be due upon execution of the franchise agreement.
