2. Costs & Criteria
5 & Diner is seeking qualified franchise candidates who want to live by our motto of "Fun, Food and '50s". We want people who are passionate about the family restaurant franchise business and the 5 & Diner brand. We offer single and multi-unit development opportunities and look at the following criteria in making our franchise offering decisions:
- Food-service management/operations/ownership experience preferred
- Investor groups are acceptable with qualified managing partner
- Strong local and community ties to support marketing of the business.
Financial Qualifications
- Single unit development – $250,000 liquid assets; $750,000 net worth
- Three unit development – $500,000 liquid assets; $1,000,000 net worth
- Five unit development – $750,000 liquid assets; $1,500,000 net worth
- Ten unit development - $1,500,000 liquid assets; $3,000,000 net worth
Investment Costs
The initial franchise fee to open a 5 & Diner franchise is $25,000. The costs to open a 5 & Diner franchise restaurant will vary by location, but the range of investment for an in-line or end cap location are as follows:
- Inline or endcap unit - $250,000 to $750,000
- More detailed Cost and Criteria information is available in the Franchise Disclosure Document (FDD).
Real Estate Criteria
Our new 5 & Diner franchise restaurant prototype calls for an inline or end cap location of approximately 3,000 square feet. We will also consider freestanding units in appropriate markets.
If you would like to find out more about detailed investment ranges and figures, please click here for more information.
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