Type of Business
The franchised business you will own and operate is a fast-casual restaurant offering halal, all natural, always fresh, hand breaded, 100% hormone and antibiotic free Nashville hot chicken served with “comeback sauce” and other designated menu items, which may include sandwiches, wings, tenders, shrimp and side items such as coleslaw, potato wedges, cheese curds and pickle slices along with beverages for dine-in, take out, delivery and catering consumption, under the franchisor’s designated marks.
Corporate Information
Red Dot Restaurant Group, Inc is a Nevada corporation, formed on October 23, 2020. Their principal place of business is located at 107 East Charleston, 242, Clark County, Nevada 89104.
Investment
The total investment necessary to begin operation of a Franchised Restaurant ranges from $424,700 to $883,200. This includes $40,000 that must be paid to the franchisor or affiliate. The franchisor offers qualified individuals the right to own and operate multiple Restaurants in a designated development area by entering into an Area Development Agreement (“ADA”). The total initial investment necessary to begin operating under the ADA will vary depending on the number of Restaurants to be opened in your designated development area. The development fee due under the ADA is equal to $120,000 for the first three (3) Restaurants, plus $32,000 for the fourth and for each additional Restaurant to be developed under the ADA (the “Development Fee”). Upon execution of the ADA, you are required to pay the fee for the first three (3) Restaurants plus 50% of the fee of the fourth and for each additional Restaurant to be developed under the ADA.
