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Franchise Project: Arbys By: Kyle Varone. History 0 Arby’s was founded in 1964 by brothers Leroy and Forrest Raffel 0 The first Arby’s restaurant opened.

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Presentation on theme: "Franchise Project: Arbys By: Kyle Varone. History 0 Arby’s was founded in 1964 by brothers Leroy and Forrest Raffel 0 The first Arby’s restaurant opened."— Presentation transcript:

1 Franchise Project: Arbys By: Kyle Varone

2 History 0 Arby’s was founded in 1964 by brothers Leroy and Forrest Raffel 0 The first Arby’s restaurant opened in the city of Boardman, Ohio 0 Arbys’ first corporate headquarters were located in Youngstown, Ohio 0 When the restaurant first opened only two employees worked at a time

3 Products they sell 0 Different roast beef sandwiches and curly fries are what Arby’s is most well known for 0 Pepsi products are sold in all Arby’s restaurants 0 Other menu items include chicken sandwiches, warm turkey sandwiches, apple and chocolate turnovers, and cheesy potato bites

4 How is Arby’s Doing? Arby’s total revenue has steadily increased do to the money made from increased franchisees The chain struggled for a short while after they split from Wendy’s last summer Arby’s currently has stores in every state except Rhode Island The average Arby’s restaurant employs 20 workers

5 Arby’s Future Plans 0 Arby’s currently doesn’t have any plans for the future, but the company is expected to grow because of more franchisees

6 How many franchises? 0 Currently, Arbys has 3,572 franchises 0 Arbys is not listed in the top 100 franchises list for this year

7 The Arby’s Foundation 0 The Arby’s foundation was formed in 1986, it’s goal is to help stop child hunger 0 By 2015, the foundation hopes to wipe out child hunger nationwide

8 How can you Own a Franchise? 0 Arby’s requires that you fill out their questionnaire on their website and fill out an application 0 You need to have at least 500,000 dollars in liquidation assets

9 Start up Fee and Financial Commitments 0 The average start up fee for an Arby’s franchise is around 300,000 dollars 0 You will have to be willing to pay two percent of your revenue to Arby’s 0 Arby’s charges a two percent royalty fee the first 24 months, then a 4 percent fee after that 0 1.2 percent goes towards advertising for your franchise

10 How does Arby’s Help? 0 Arby’s helps franchisees advertise and to find a location for their store 0 They provide operating and development teams for your store, they are in charge of most of the construction and real estate responsibilities

11 Requirements of the Owner 0 Arby’s requires owners to have a minimum of 500,000 dollars in liquidation assets 0 Owners need to have a history in the food service industry 0 Have a history of previous business success 0 Someone who would eventually be willing to own multiple Arby’s stores

12 How can you Contact Arby’s 0 You can contact Arby’s through their website www.arbys.com 0 Arby’s corporate headquarters are located in Atlanta, GA

13 Works Cited 0 www.thefranchisemall.com www.thefranchisemall.com 0 www.arbys.com www.arbys.com 0 www.franchiseoppurtunities.com www.franchiseoppurtunities.com 0 www.riversidecemeteryjournal.com www.riversidecemeteryjournal.com 0 www.yahoo.com/voices www.yahoo.com/voices Images 0 www.arbys.com www.arbys.com 0 www.premohoopsrecruiting.com www.premohoopsrecruiting.com 0 www.riversidecemeteryjournal.com www.riversidecemeteryjournal.com 0 www.blogspot.com www.blogspot.com 0 www.flickr.com www.flickr.com 0 www.arbysfoundation.com www.arbysfoundation.com


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