The Halal Guys FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is for a quick-service restaurant operating under the name “The Halal Guys,” which restaurants specialize in the sale of signature meats and sauces over rice as well as other popular American Halal food items for dine-in and take-out.
Corporate Information
The Halal Guys Franchise Inc. was formed as a New Jersey corporation on May 14, 2014. Their principal place of business is 26-44 Borough Place, Flushing, New York 11377. They began offering franchises in June 2014.
Investment
The total investment necessary to begin operation of a single The Halal Guys restaurant ranges from $417,600 to $1,310,250, including $62,000 to $64,250 that must be paid to the franchisor and/or its affiliates. If you enter into a Multi-Unit Development Agreement to develop at least five The Halal Guys restaurants, when you sign the Multi-Unit Development Agreement, you will pay a development fee equal to 100% of the initial franchise fee for the first restaurant to be developed, plus a deposit of 50% of the initial franchise fee for each additional restaurant to be developed under the Multi-Unit Development Agreement. The total estimated initial investment necessary to enter into a Multi-Unit Development Agreement for the development of five The Halal Guys Restaurants ranges from $137,000 to $145,000, including $135,000 that must be paid to the franchisor and/or its affiliate. The total estimated initial investment under a Multi-Unit Development Agreement will vary depending on the number of The Halal Guys restaurants to be developed, but the minimum number of The Halal Guys restaurants you must agree to develop under a Multi-Unit Development Agreement is five.
