Tilted Kilt Franchise Startup Cost, Profit & Opportunities
Tilted Kilt is a put and eatery brand known for its delicious menu.
These menu items vary by location. With a presence in 7 states and growing, each Tilted Kilt location has a menu well-suited to Tilted Kilt customers within the area.
In this article, we’ll discuss Tilted Kilt’s franchise offering, focusing on critical areas like determining whether or not it’s a franchise. Others include details on franchise costs, profit potentials, and a range of others.
As a prospective franchisee, you must read this article for details.
An Overview of Tilted Kilt’s Franchise Program
Tilted Kilt prides itself on being more than just a restaurant. This franchise offers a sports bar, and a festive and fun atmosphere, while also catering to the needs of sports lovers.
Its friendly and beautiful girls are also a side attraction that makes the brand attractive to customers and business partners.
As an aspiring franchisee, one of the things you may wish to know about the franchise is its spread. Tilted Kilt has a presence across seven states: California, Illinois, Kentucky, Nevada, Tennessee, Texas, and Virginia.
It offers growth opportunities in these areas with plans to expand further.
Does Tilted Kilt Have a Franchise Program?
Since it was founded in 2003, the Tilted Kilt brand has witnessed significant growth and grown to have a presence in over 30 locations across the United States and Canada.
However, it’s important to state that most of these outlets are franchise-owned.
Since its opening, the company has also established its franchise program to drive growth. This program is open to qualified investors or aspiring franchisees having what it takes to become strategic partners.
A significant part of such requirements includes meeting minimum financial requirements.
Tilted Kilt’s Franchise Costs
As stated earlier, the franchise cost is a central part of joining its program.
The financial requirements also cover ongoing fees, which must be paid throughout the business’s life. The franchise costs include an initial franchise fee of around $75,000.
The initial franchise fee is paid to the franchisor and is the cost of joining the system.
Here, the franchise fee may be flat or vary depending on your experience level, territory size, and other factors the franchisor determines. It is paid up-front and is a one-time fee.
Tilted Kilt’s franchise cost includes an initial investment of around $887,000 to $2,868,000. This fee covers a range of expenses, including equipment supplies, franchise fees, working capital, business licenses, and real estate.
Prospective franchisees interested in Tilted Kilt’s offering must also have a net worth of around $1,000,000 to $5,000,000. You must have this amount to be considered qualified for the franchise program.
More on Tilted Kilt’s Franchise Costs
Still, on costs required to own a Tilted Kilt franchise, you’re expected to stick to its cash requirement of $500,000 to $2,000,000.
This is the minimum liquid capital the franchise sets for franchisees to join the system. Honorably discharged veterans also benefit from veteran incentives.
The veteran incentives provide a $10,000 discount on the franchise fee. It considers veterans and honors them for their service. There are royalty and ad royalty fees when it comes to ongoing costs.
Tilted Kilt’s royalty fee is an ongoing fee that franchisees pay regularly. This consists of about 6% of gross weekly or monthly sales. You must refer to the franchise disclosure document (FDD) for details.
Tilted Kilt franchisees must also pay an ad royalty fee of 2%. This fee is designed to support marketing and advertising efforts.
Tilted Kilt Franchise Term
The agreement term for Tilted Kilt’s franchise program is 25 years. This is renewable based on several factors, like the lease term and a range of others.
Every detail regarding Tilted Kilt’s franchise term is provided in the FDD. You’ll need to ask as many questions as you can when applying.
Tilted Kilt Franchisee Support
Tilted Kilt fully understands the role support plays in the success of its franchisees.
As such, it offers a whole range of support services. These are categorized under ongoing and marketing support. In the case of continuing support, benefits include access to proprietary software and field operations.
Other types of ongoing support include site selection, security & safety procedures, meetings & conventions, and access to the franchisor’s purchasing cooperatives.
The types of marketing support provided by Tilted Kilt include social media, ad templates, and cooperative advertising.
Others include national media advertising, regional advertising, email marketing, website development, and loyalty programs. All these support services guarantee easy takeoff and success of your operations.
How to Join Tilted Kilt’s Franchise Program
If you’ve decided to join Tilted Kilt’s franchise program, follow the basic steps provided.
This franchisor offers a franchise inquiry form where you get to fill in your basic information. Here, essential details are captured, such as your first and last names.
Others include your address, city of residence, country, state, province, and zip or postal code.
More details include the best time to contact, work phone, work phone extension, email, net worth, cash available for investment, and investment timeframe.
Having submitted the form, a franchise development Team from Tilted Kilt reviews your application to determine your suitability as a franchisee.
If qualified, a discovery day is scheduled where you get to learn more about the franchise.
Further deliberations are entered into, leading to the franchise agreement’s signing. From this point, a comprehensive training program must be attended to you.
This will provide you with hands-on knowledge or know-how for running your operations.
A Lot of Research is needed on your Part.
You must conduct significant research for a successful and smooth application process.
Proper and result-oriented research will include visiting the franchisor’s website and making necessary inquiries. The inquiry form earlier stated is an excellent place to start your findings.
Has this article been helpful? We hope it has.
We’ve provided all the details to join Tilted Kilt’s franchise program here. All you have to do is follow the procedures provided, and you should be well on your way to joining this reputable franchise brand.
Remember, the franchisor’s development team will thoroughly answer any question(s).