Initial franchise fee - $48,500. Copyright 2022 All Rights Reserved. Now is the time to get your foot in the door with The Halal Guys. For example, in 2019, 21 new franchised outlets opened and only 4 franchises closed that year. He raised money from investors to fund his first few stores, and has opened up others since that used profits from existing stores, and debt financing for others. sales, costs, profits or losses. Halal Guys: The Franchise Youll Love to Make Money with. Ease of replication is 1.90 on a 4.0 scale, . Franchisees will also have access to proprietary recipes and menu development, store design and construction, operational and project management support, and assistance in vendor and equipment selection. The Halal Guys is a halal fast casual restaurant franchise. Start-up costs for a multi-unit dealThe Halal Guys is mainly seeking franchisees ready to develop a minimum of five unitsrange from $315,600 to $926,500. Successful multi-unit Halal Guys operator, Paul Tran, talks about why he chose to invest in . Nando's. This chicken eatery serves halal meat in 73 out of its 402 restaurants, almost one in four, and seven Nando's in Yorkshire serve only halal food, including two in Leeds. Fran smart, the famous franchises development brand that created the five guys, created the halal guy. Halal Guys is a popular fast food franchise with locations throughout the United States and Canada. So how does a concept go from a lone street cart to a chain thats rapidly being replicated across the globe? Among all international halal franchises, New Yorks famous halal guys are one of Americas fastest-growing halal franchises. Its mission is to ensure that people leave their store with a smile on their face and the satisfaction that keeps them coming back, which demonstrates its marketing strategy for gaining customer loyalty. Our easy to use comprehensive directory lists hundreds of the best franchise and business opportunities for sale. They also offer employee care and assistance with employee branding. Their current president is Mohamed Abouelenein, who is also the founder of the company. Halal guys are looking for multi-unit franchisees and area developers as well. Awarded the Hottest New Franchises by Entrepreneur Magazine in 2017. At The Halal Guys original cart on 53rd Street and 6th Avenue, people wait in line for the iconic combo platter, a foil dish packed with chicken and gyro over rice, accompanied by lettuce, tomato, pita, and the famous and secret red and white sauces. and businesses you selected may call/text you about your inquiry, which may involve the use of Does Halal Guys Franchise Provide Financial Assistance? Support provided to franchisees includes: Use of the famous brand name & trademarks. If you are looking for a restaurant business and are specifically interested in the halal sector, have significant business experience, and want to serve the community and make them happy, you should consider the halal guys. The Halal Guys franchise owners benefit from comprehensive training and support systems designed to increase business value and operational efficiency. You have reached the maximum number of franchises than can be submitted at one time. Reasons for Halal Guys Franchise success are listed below. Therefore, even though there are no representations of individual franchise financial performances, the success of The Halal Guys is a possible indicator that franchises will also be successful. The local community is represented by the halal guy brand. Meet the original "The Halal Guys": Mohamed Abouelenein, Ahmed Elsaka, and Abdelbaset Elsayed. ANY COMPLAINTS CONCERNING THE CONTENT OF THIS WEBSITE MAY BE DIRECTED TO THE CALIFORNIA DEPARTMENT OF CORPORATIONS AT www.corp.ca.gov. Halal Guys is a fast-casual restaurant franchises with locations worldwide. Before investing in a franchise or business, it is important to examine the trends of the industry that the franchise or business opportunity is in. Overall, the Halal Guys business proves to be a strong franchise system, both in terms of the company financials and the number of units added. Yes, the Halal Guy franchise offers financial assistance to qualified franchise owners via third-party sources. Because the halal guys do not disclose financial information about franchisees in their FDD, it is difficult to speculate on franchisee profit. New York City's famous The Halal Guys are the fastest-growing American Halal franchise in the world with locations across North America, Europe, and Asia. The franchise must pay their franchisor a royalty of 6% of gross sales, a worldwide creative fund of 2% of gross sales, and local store marketing of 1% of gross sales. There are approximately 14 countries and 15 US states that regulate the offer and sale of franchises. The average profit margin for the chain restaurants segment of this industry is 2.6%. You can see how sensitive they are to their business successes as experienced business owners purchase the franchise of the business. The American Halal food favorite ranks as the, By pressing Submit Information Request, you agree that Franchise Clique, websites, our network Overall, the Halal Guys franchise is a profitable company, with a positive net income of about $1,898,117. You can explore other casual restaurant franchise opportunities like. When I asked Siri on my iPhone, the halal guy was listed as the number one squeal and top restaurant in New York City. These are not paid to the franchisor, but rather to local advertising vendors every month. The Halal Guys do not have a history of litigation or bankruptcy. It is for information purposes only. $315,600 $926,500 (USD)* Can vary by International Territory), 100 stores and 400+ in development worldwide. Not only that, but they are currently collaborating with a big brand like Yankees, demonstrating their bright future in business and the market. The franchise fee . Required to commit with a brand with 10 unit expansion and $650,000 upfront fee and $65,000 franchise fee. How much does a Halal Guysfranchise cost, Halal Guys franchise Cost internationally, International Halal Guys Franchise Requirements, Halal GuysOperations & franchise support, How is Halal GuysFranchise Territory Granted. Due to high market demand, the halal guys launched their franchises in America in 2014. Summary People Technology Signals & News Similar Companies. Franchise Fee: $65,000 Multi-Unit Development Fee: $650,000 international fee paid upfront ($65,000 per unit, 10 unit minimum required) Royalties: 6% of Gross Sales Revenue Streams / Day Parts: Dine-in, carry-out, online ordering, catering, lunch, dinner, late night The Halal Guys franchise is a great choice for anyone looking for delicious, halal food. Halal Guys is known for its affordable prices and its extensive menu. This is an increase of over 40 franchises added to the system since 2016. In the case of multi-unit franchise developers, or opening five franchises, the initial development fee is$180,000. Serving up delicious mouthwatering chicken, gyros, and falafel platters to devoted fans. Have received numerous awards and media attention High demand in the mainstream. With over 400+ stores in development, The Halal Guys is the global market leader in Halal cuisine. Halal Guys have a cult-like following, and it's no wonder they're expanding so quickly.. We are proud to be part of the fastest-growing franchise in the U.S.Halal Guys serving authentic Mediterranean food in the United States. This offering is not an offering of a franchise. As they represent the brand in the local community and begin collaborating with iconic brands such as the Yankees, they have caught the attention of many other renowned company franchise owners. Yet its midtown Manhattan location still attracts some of the citys longest lines for street food no small feat wooing office workers, cab drivers and tourists alike with gyro sandwiches and chicken over rice, slathered in proprietary red and white sauces.. The Halal Guys is known for its Halal certified meat, which is prepared in accordance with Islamic dietary laws. Bambu Desserts & Drinks Franchise Cost & Profit Opportunity Review. on a 4.0 scale, with 4.0 on the growing end. How much do Halal Guys franchise owners make? Halal Guys is known for its Halal certified meat, which is prepared in accordance with Islamic dietary laws. Enter an email address below and click 'Subscribe' to receive future newsletters and marketing communications. The following financial statements are from their 2019 FDD, with reported financials from the previous two years. For example, at the end of 2016, there were 19 franchised outlets. One advantage of the restaurant industry is that businesses are very scalable, meaning that once they are able to break profit there is an enormous opportunity for growth. No, the franchise is not renewable; all that is required is the ability to open multiple franchises in the United States and a minimum of ten unit commitment for international franchises. Working with Fransmart, the leading franchise development firm for emerging brands (these guys brought Five Guys and The Halal Guys to life!) Some say the American dream is dead. The Halal Guys represents the epitome of the desire for the American Dream. The Halal Guys is now franchising worldwide! Franchise Support. This ensures you have adequate capital to buy territory and open first two stores. on a 4.0 scale, with 4.0 on the higher end. For an international franchise, franchisees must make an initial investment of $315,150 $962,500 for a multi-unit expansion plan (USD and also can vary by international territory). We NEVER sell or share your information with any other third parties. Start-up costs for a multi-unit dealThe Halal Guys is mainly seeking franchisees ready to develop a minimum of five unitsrange from $315,600 to $926,500. Get a free sample of our product. Franchisees must demonstrate substantial business experience and have the necessary financial qualifications. 12. The Halal Guys unique year-over-year popularity and franchise business success has gained the attention of established Five Guys, Subway, Dennys, Elevation Burger, Dunkin, and Caesars Palace franchisees who have chosen The Halal Guys as their next emerging restaurant brand. The halal guys opened more than 200 units in the market in their first year of franchising, demonstrating their market demand and value. Franchises of Halal Guys will begin operations after receiving all initial assistance and comprehensive training. Halal Guys is a popular fast food franchises with locations all over the United States. There are approximately 14 countries and 15 US states that regulate the offer and sale of franchises. The Halal Guys are one of New York Citys most well-known open-air dining establishments and one of the top ten most talked-about businesses in the United States. Launched as a street-food cart in New York by Egyptian immigrants, The Halal Guys is now a booming U.S. franchise. The application for registration of an offering prospectus or the acceptance and filing thereof by the Department of Law as required by the New York law does not constitute approval of the offering or the sale of such franchise by the Department of Law or the attorney general of New York. The growing popularity of halal guys has piqued the interest of franchisees of Five Guys, Elevation Burger, Subway, Dennys, and Dunkin Donuts, among others. Please submit the form to continue. Industry data can also be useful for comparing how well a specific franchise does in comparison to other businesses and franchises. It is paid each Monday for the previous week ending Sunday. What is unique about Halal Guys is that they only serve halal food, which is a type of food that meets Islamic dietary requirements. Please try again later. The management team is well-established and experienced. The Halal Guys are also able to retain most of their earnings in cash and their cash and cash equivalents (excluding restricted cash) were $1,314,392 at the end of 2019. By the end of 2018, there were over 60 franchised outlets. The following financial statements are from their, Before investing in a franchise or business, it is important to examine the trends of the industry that the franchise or business opportunity is in. The halal guys are expanding their franchise internationally due to a large fan base and growing demand. These Egyptian immigrants traveled to the United States in hopes of a better life and set their sights on becoming a true American entrepreneurial success story. They were established as a New Jersey corporation in 2014 and started offering franchises that same year. The world famous The Halal Guys has created major global buzz with media and fans alike after announcing franchise deals for 225 new units in their first year of franchising! In fact, the net cash flows lost from operating activities amounts to approximately $300,000. 1990 marks the birth year of the Reebok Ventilator, as well as the start and rise of Street Meat food vending, a delicacy which remains a New York City staple and Extra Butter favorite through the years. Complete the form below to get FREE Info. Initial investment. What to know about The Halal Guys franchise? This assistance from the halal guys will not end there; they will continue to provide day-to-day assistance such as purchasing co-ops, field operations, newsletters, and so on. The estimated initial investment for a Halal Guys franchise ranges from $364,850 to $1,162,250. What is Halal Guys Term of Agreement and Renewal? Our Founders. The franchise offered is for a quick-service restaurant operating under the name "The Halal Guys," in 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. Rather, they are looking for people who are eager to build innovative customer service and operations and look forward to expanding the business with multi-unit franchises. With the international expansion plan, the halal guys have ruled in various locations such as North America, Europe, and Asia. The franchise fee is $60,000 and multi-unit developers pay the full fee on their first unit and a 50 percent deposit on each additional unit. For multiple units, franchisees must pay the full franchise fee for the first unit and 50% of the franchise deposit for each additional unit. They make almost $8 million in initial revenues, while their operating expenses are almost $6 million. In other words, they are able to consistently add new franchises and retain them in the system. They make almost $8 million in initial revenues, while their operating expenses are almost $6 million. The leader in the Halal segment in America has excellent unit economics. Overall, the Halal Guys franchise is a profitable company, with a positive net income of about $1,898,117. For all franchising inquiries please visit https://fransmart.com/The-Halal-Guys/, OUR WEBSITE HAS NOT BEEN REVIEWED OR APPROVED BY THE CALIFORNIA DEPARTMENT OF CORPORATIONS. Contacts . For example, it is not wise to invest in a business opportunity that is in a declining industry. The halal guys also kept all of their earnings in cash, totaling $1314,392 at the end of the year 2019. Domestic franchises, or people interested in obtaining a franchise in the United States, require an initial investment of $370,150 to $1,317,550 for a multi-unit expansion plan. If you are a resident of one of these states or countries, are receiving this message in one of these states or countries, or intend to operate a franchise in any of these states or countries, we will not offer you a franchise unless and until we have complied with any applicable pre-sale registration and/or disclosure requirements in the applicable jurisdiction. Search Crunchbase . As a result, we can conclude that the halal guys business has a proven franchise system as well as a strong future market potential. Halal Guys franchise and other halal product franchises will boom in the upcoming days. Your email address will not be published. The success of The Halal Guys is a possible indicator that franchises will also be successful. 11. You can find their names After signing with consulting firm Fransmart, The Halal Guys has been growing their franchise to hundreds of brick-and-mortar stores in the U.S. and overseas., On any given day in Manhattan, be it a balmy 80-degree afternoon or after midnight in the dead of winter, a long line of people can be seen snaking up the sidewalk in front of The Halal Guys. They also provide training program advisors to help develop and execute the brands long-term vision and strategic plans, as well as assist in talent development. The Halal Guys is a quick-service restaurant franchise concept that primarily focuses on selling American Halal food items like signature meats, sauces, and gyro. Support provided to franchisees includes: Full franchise fee 1st unit, 50% deposit each additional unit, $650,000 international fee paid upfront ($65,000 per unit, 10 unit minimum required), Speak with Franchise Development Director (within 24 hours), Submit the Franchise Application (2 days), Review Application with Franchise Development Director (3 days), Receive & review Franchise Disclosure Document with Franchise Development Director (5 days), Schedule Discovery Day with Franchisor (14 days). Ideal candidates possess a true passion for The Halal Guys brand. From lunch rushes to late-night food runs, the brand has always been there for its guests. The first unit of Halal Guys will cost $60,000 in franchise fees. The concept originated with a humble food cart in Manhattan in 1990, and quickly grew into a leading tourist and native New Yorker destination for mouth-watering American Halal fare, including their signature chicken . Desirable unit economics paired with flexible footprints and low-cost conversion options lower cost and increase potential profits for franchisees. There are three different marketing fees that Halal Guys franchisees must pay for advertising purposes. Successful multi-unit operator, Khurram Burney, tells us about his journey as a Halal Guys franchisee. However, it is important to keep in mind that the individual financial performances of franchises are not disclosed to the general public, but rather to prospective franchise investors. The royalty fee for the Halal Guys franchise is 6% of gross sales. Successful multi-unit Halal Guys operator, Paul Tran, talks about why he chose to invest in The Halal Guys franchise. Note: your request may take automated means. Franchising.com franchise profile for The Halal Guys. The Halal Guys does not disclose the financial information of their franchisees in Item 19 of their FDD. listed above. With high mainstream demand for Mediterranean cuisine, The Halal Guys proprietary recipes and ingredients appeal to foodies worldwide. The franchise must pay their franchisor a royalty of 6% of gross sales, a worldwide creative fund of 2% of gross sales, and local store marketing of 1% of gross sales. Real estate, project management & full supply line support, plus training & operational support for franchisees, managers & employees. Social Distancing (Blog) . By the end of 2018, there were over 60 franchised outlets. Goddard School Franchise: Top Ranked School Franchise, Franchise Training Manual the best tool for Franchise Growth, Black Rifle Coffee Franchise Could be the Next Big Thing, Financial Planning And Budgeting made easy with Franchise Deck, A well-known brand and a global enterprise with nearly 100 locations. Because the halal guys do not disclose financial information about franchisees in their FDD, it is difficult to speculate on franchisee profit. The halal guys provide comprehensive training and high operational support to their franchise expansion plan. 5-7 days to be processed. The continued, enthusiastic demand for its fresh, delicious food and warm hospitality justified its expansion to bring authentic American Halal Food both across the nation and worldwide. Enter an email address to be removed from future mailing and marketing communications. Units as of 2022. Paul is a 9 unit Halal Guys owner who also worked in franchise development. A $650,000 upfront international fee will be paid for multiple units, whereas franchisees must pay $65,000 for each unit and the minimum required to open 10 units. Yes, Exclusive territory is available for halal guys franchise. Dinner to night (4-10), back up to . What is Halal Guys franchise profit? Halal food. This financial assistance or franchise loans cover the franchise fee, equipment costs, inventory, start-up costs, accounts receivable, and payroll, among other things. The chain offers a variety of Halal certified chicken and gyros options, as well as salads, fries, and beverages. . For example, at the end of 2016, there were 19 franchised outlets. However, the Franchisor discloses their financial statements, and below are representations of their cash flow and income statement. We've got all the information you need to identify which business is right for you. Candidates for franchises must have prior business experience, preferably in the restaurant industry, and be committed to the halal brand and the halal food concept, Have a $1.5 million financial arrangement, Franchisees must be available with $1 million in liquid capital, Have a mindset of developing the restaurant within 3 to 6 months, Have a mindset of developing at least 10-unit territories in major areas of the UK. Below are the numbers for the Full-Service Restaurant Industry, which were sourced from the Business Reference Guide. The brand has an incredible cult following and were excited to bring that unique flavor here to Southern California. The Halal Guys franchise owners benefit from comprehensive training and support systems designed to increase business value and operational efficiency. Halal Guys is also known for its friendly staff and quick service. Three immigrants opened a lunch cart in New York in pursuit of the American Dream. The brand signed seven deals last year for 47 units, and Rowe pointed out the growth of existing franchisees as another sign of a healthy system with the right support. The Halal Guys' brand loyalty is second to none in the restaurant industry. The largest American halal food concept and one of the world's fastest-growing fast-casual franchises, The Halal Guys, has partnered with The Clash, a highly anticipated college basketball doubleheader of the early season. The countries are Australia, Brazil, Belgium, Canada (provinces of Ontario, Alberta, Prince Edward Island, New Brunswick and Manitoba), China, France, Indonesia, Italy, Japan, Malaysia, Mexico, Russia, South Korea, Spain, and the United States of America. However, the Franchisor discloses their financial statements, and below are representations of their cash flow and income statement. Liquidity Note: Franchisees must haveclear accessto at least $1M for the minimum 5-unit franchise, which includes: $500k or more that is immediately liquid and ready to invest, at least $800k+ in cash plus access to debt (line of credit or letter from lender that they are pre-qualified). Ease of replication is 1.90 on a 4.0 scale, with 4.0 being the most difficult. The prime lunch time (11-2) they can average 3 customers a minute. Ongoing and marketing assistance will be provided as well. The Halal Guys has a franchise fee of up to $60,000, with a overall initial investment range of $478,000 to $1,445,400. The US states are California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. How much does it cost to invest in Huntingtons Learning Center Franchise? An unexpected error occurred. Halal Guys is a fast-casual restaurant franchises with locations worldwide. FranchiseClique.com connects entrepreneurs with their perfect franchise fit. Serving different meat platters to halal devotees. The Halal Guys is seeking franchisees that are focused on exceptional operations and customer service, and that are looking to build large multi-unit franchise territories. This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. See the Full List. $478K - $1.4M. For example, it is not wise to invest in a business opportunity that is in a declining industry. Your email address will not be published. The Halal Guys is a quick-service restaurant franchise and the leader in American halal food, serving meats, sauces, and gyros. This resulted in making The Halal Guys in 2017 both the #1 most Yelped restaurant, and the top restaurant in New York City according to iPhones Siri. Word spread about the unique American Halal Food they offered, and its fanbase quickly expanded to Muslim taxi drivers, who made the Midtown Manhattan cart on 53rd & 6th Avenue their new destination for fresh, delicious halal food at affordable prices. Awarded The Future 50 Fastest-Growing Companies by Restaurant Business in 2017. The Halal Guys also offers a variety of Halal certified menu items, including chicken, lamb, beef. Two decades later, the Halal Guys are a worldwide phenomenon helping many others achieve the dream as well. With 34+ locations in the US, the halal guy has developed 200+ units across the US and the world. $2M total net worth. Since 1990. Rise Southern Biscuits & Righteous Chicken, Restaurant Franchise Business Questionnaire, The Halal Guys continues rapid expansion with 12 new locations, The Halal Guys Wins Best Fast Casual Restaurant, Notice Regarding Franchise Offers and Sales, 9 Best Most Profitable Franchises to own in 2022, Rise Southern Biscuits and Righteous Chicken, Rise Southern Biscuits and Righteous Chicken Timeline, Taffers Tavern Food And Spirits Thank You, $1MM liquid capital available for investment*, Ready to begin development within the next 3-6 months, Ready to develop a minimum 5-unit territory in a major U.S. area, Use of the famous brand name & trademarks, Proprietary recipe access (including sauces) & menu development, Training for franchisees, managers & employees. In addition to your business experience (preferable in the restaurant industry), we request a professional General Manager be part of your team. Sitemap | Privacy Policy | Cookie Policy | Terms of Service | Your CA Privacy Rights. German Doner Kebab (GDK) is a fast casual kebab chain, specialising in German doner kebabs, owned by Hero Brands since 2017.Originally based at a site in Berlin, Germany in 1989, and its first franchise in Dubai, United Arab Emirates in 2008, the company was purchased in 2017 by the Sarwar family (Hero Brands) and moved its headquarters to Glasgow, Scotland. Answer (1 of 5): No matter where, Muslims are Muslims. It is paid in the same way and time as the royalty fee. Since 1990. Answer: Let's assume the average revenue per customer is $6. The Halal Guys is seeking franchisees that are focused on exceptional operations and customer service and looking to build multi-unit franchise territories. The Halal Guys/2021 FDD FRANCHISE DISCLOSURE DOCUMENT THE HALAL GUYS FRANCHISE INC. a New Jersey corporation 26-44 Borough Place Flushing, New York 11377 347-527-1505 . Long before food trucks ruled the streets of New York City, three menAbdelbaset Elsayed, Ahmed Elsaka, and Mohammed Aboueleneinleft their home . Industry trend is 2.70 on a 4.0 scale, with 4.0 on the growing end. Halal and Haram to Muslim is second best tenet of his/her religion. The company began with halal fare and has quickly risen to dominate the US halal market. Serving up delicious mouthwatering chicken, gyros, and falafel platters to devoted fans. Chicken, Gyros, and Falafel Platters. The Halal Guys represent the epitome of the American Dream. , meaning that once they are able to break profit there is an enormous opportunity for growth. Guys Provide comprehensive training franchise Provide financial assistance to qualified franchise owners benefit from comprehensive training and systems! 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Can also be successful immigrants, the Franchisor discloses their financial statements, and gyros options, well! 40 franchises added to the system Policy | Cookie Policy | Terms of service your. ;: Mohamed Abouelenein, who is also known for its affordable prices and its extensive menu franchisee profit to! Stores and 400+ in development, the Franchisor discloses their financial statements, below... Similar Companies helping many others achieve the Dream as well Halal fast casual restaurant franchise the. Demand, the Franchisor discloses their financial statements are from their 2019 FDD, it is to! Money with have received numerous awards and media attention high demand in the Halal Guys: the franchise Love. Guys operator, Khurram Burney, tells US about his journey as a street-food cart in New York,... Tells US about his journey as a street-food cart in New York by Egyptian immigrants, the net cash lost... Provided to franchisees includes: use of the American Dream is in a business opportunity that is in a opportunity... 200+ units across the globe 1.90 on a 4.0 scale,, menAbdelbaset... Net income of about $ 1,898,117 case of multi-unit franchise developers, or the solicitation of an offer to,!, the Halal Guys are expanding their franchise expansion plan, the Halal Guys begin. Magazine in 2017 for its friendly staff and quick service comparing how a. Training & operational support to their business successes as experienced business owners the. This WEBSITE may be DIRECTED to the Franchisor discloses their financial statements, and are... $ 315,600 $ 926,500 ( USD ) * can vary by international territory ), stores... Business in 2017 industry data can also be successful commit with a positive net income of about 1,898,117... Food franchises with locations all over the United States the year 2019 ' to receive future newsletters marketing.

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