Monk's Bar & Grill Franchise Review

franchise logo

Monk's Bar & Grill is analyzed based on our most recent FDD research!

Franchise Information

What is the upfront requirements to own a Monk's Bar & Grill franchise?

Monk's Bar & Grill has an initial franchise fee of up to $30,000, with a overall initial investment range of $749,500 to $3,435,000.

  • Initial Franchise Fee: $30,000
  • Total Investment: $749,500 to $3,435,000
  • Working Capital: $50,000 to $100,000
  • Royalty Fee: 4.0%

The upfront cost of any franchised business includes many fees. Unlock this investment opportunity to better understand the specific costs required to buy a Monk's Bar & Grill, such as franchise fees, construction and costs, grand opening marketing, and furniture and fixtures purchases. It should be noted that, franchisors must to disclose all initial fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay.

Can you Afford This Franchise. Complete our Affordability Calculator to find out!

How much can I earn by owning a Monk's Bar & Grill franchise?

As with any new business, there should be a strong ROI and net profit potential. The specific franchise owner's income and the profits from a Monk's Bar & Grill franchise opportunity depends on a variety of factors. One way to validate the potential revenues or profits generated from a Monk's Bar & Grill franchise investment is to review the franchisor's Item 19 within their FDD. This is called a financial performance representation. This is not required within a franchisor's disclosure and approximately 68% of all franchisors in our database will disclose financial performance data within Item 19 of their FDD. Some franchisors may provide limited information such as average gross revenues. This type of information is not always helpful to assess profits for you directly. So review average sales data with caution. As expected, usually profits and owner's salary are correspond to the overall size of the initial investment. The larger the initial investment, the higher profits you could expect to see

For additional information and system-specific data on the profits of a Monk's Bar & Grill franchised business, unlock this franchise

How many franchise outlets does Monk's Bar & Grill franchise have?

As of the 2016 Franchise Disclosure Document, there are 2 franchised Monk's Bar & Grill locations throughout the United States.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any Monk's Bar & Grill franchise opportunities in my area?

Based on 2016 FDD research, Monk's Bar & Grill has franchise locations in 2 states. There may be no locations in several states as each franchise plans their growth strategy differently.

WI
WISCONSIN

Based on our research this franchise opportunity is expanding into new cities and might be available near you. While planning your franchise purchase, you should be thinking about what is a good location for my business. Anlayze the potential customer base to confirm that the area you are looking at has a need or want for this business. Even the most popular franchises have cities that they are not successful in. The reasons why a specific franchised location can fail are plentiful. You should analyze not only the franchised business itself, but map out areas where you believe the business has a greater chance to succeed.

One of our advisors will have detailed knowledge about this franchise. Unlock to learn more and connect with our advisors.

Last Reviewed: 2016

Monk's Bar & Grill Franchise DATA

Total Investment
$749,500 - $3,435,000
Franchise Fee
$30,000
Franchise agreement
Initial Term
20 Years
Renewal Term
20 Years
Franchise outlet growth
2013
1
2015
2
Ongoing fees
Royalty
4.0%
ad fees
1.0%
# of franchised outlets
2

ADDITIONAL QUESTIONS

Does this brand provide any initial training and opening assistance?

Yes, they have an initial training program of 400 hours. This includes 40 hours of classroom training, 360 hours of on-the-job training, and N/A hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.


Online N/A
On-the-Job 360
Classroom 40
Total 400

Does this brand offer Territory Protections?

Monk's Bar & Grill offers territory protections. For an explanation of territory rights, unlock this franchise for more details.

Do they have computer and technology support in place?

Yes, Monk's Bar & Grill offers comprehensive support for franchisees. Unlock this franchise to find out more.


When did they start franchising?

They began franchising in 2013. The average Bar and Grill franchise began franchising in 2008.


Do they offer lending support?

No, but you can click here to fill out our affordability calculator and understand your financing options.

Create your FREE account to access additional data on Monk's Bar & Grill, and more!
Franchise Grade is committed to providing research and education that can help you make confident franchise investment decisions.
Finding the best franchise means comparing several franchise brands to determine the best business for you.
Unlock this franchise for instant access to our research reports, including:
  • Growth analysis
  • Turnover analysis
  • Financial transparency
  • Initial and renewal terms
  • Royalties and marketing fees
  • Key Franchise FAQs
Need more reasons?
  • Our grade and free access to consult with a franchising expert
  • How much do franchise owners historically make?
  • Does this franchise provide Veteran or First Responder discounts?
  • Does this franchise use public figures to promote their franchise?
  • Does this franchise disclose any bankruptcies?
  • Is this brand affiliated with any other franchise opportunities or private equity investment groups?
  • How many new locations have they sold in the last 5 years?
  • How many franchised locations have closed in the last 5 years?
  • How many new outlets have they sold in the last 5 years?
  • How many franchised locations have terminated in the last 5 years?
  • Does this franchise operate any company or affiliate owned locations?
  • How many years is their initial and renewal term lengths?
  • Do you have a legal dispute resolution process?
  • How long has the franchisor been in business?
  • Are they actively selling franchises in the US?
  • How often are royalties and advertising fees paid to the franchisor?
  • What are the territory protections the franchisor provides you?
  • What is the role of technology in the operation of the franchise?
  • Why has new franchisee growth been so low?
  • What is the net worth and liquid capital required to be approved as a franchisee in this brand?
  • Are you required to work in the outlet or is this a passive franchise opportunity?
  • Does this franchise offer multi-unit discounts for buying more than one franchise location?
Access is 100% free, instant, and unlimited!