We appreciate your interest in Oak & Stone franchise. Please review our Ideal Franchisee Profile. If you find your qualifications meet our requirements, please contact us.
Ideal Franchisee Profile
- Proven hospitality experience (food service, including QSR, CDR or fast-casual,preferred)
- Multiple restaurant development plan (minimum of four restaurants)
- Minimum net worth of $5 million (depending on Development Plan)
- Minimum liquidity of $5 million (depending on Development Plan) Compatible core values
- Proven track record of operating in hospitality systems
- Infrastructure dedicated to support development
- Local knowledge and expertise in the areas of consumer preferences, real estate, government regulations, labor, and distribution
- Agreeable to Area Developer and Franchise format: No initial sub-licensing
Required Documentation and Procedures
- Completed Franchise Inquiry form
- Comprehensive detailed 5-year business plan
- Current financial statements
- Prior 3 year financial statements
- Credit, business, and personal references
- Balance sheet, P&L, and cash flow statement per existing units
- Completion of franchise documents and process as required for applicable countries
- Satisfactory P&L for first restaurant and satisfactory restaurant-level profitability for restaurants within country/territory