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Home Franchise Opportunities Maple Street Biscuit Company Franchise Costs, Profit & Requirements For 2024

Maple Street Biscuit Company Franchise Costs, Profit & Requirements For 2024

by Celia

The Maple Street Biscuit Company has emerged as a beloved brand, known for its unique concept and exceptional offerings in the fast-casual dining sector. For prospective franchisees, this brand presents a lucrative opportunity. This article delves into the various aspects of the Maple Street Biscuit Company franchise, covering brand introduction, franchise costs, conditions, process, and advantages.

Maple Street Biscuit Company Brand Introduction

1. History and Founding

The Maple Street Biscuit Company was founded in 2012 by Scott Moore and Gus Evans in Jacksonville, Florida. The brand was born out of a desire to provide a community-centric dining experience that served fresh, flavorful, and creative comfort food. From its inception, the company has focused on quality ingredients, innovative menu items, and a welcoming atmosphere.

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2. Core Concept and Menu

The core concept of Maple Street Biscuit Company revolves around its signature biscuits, which are made from scratch daily. These biscuits form the base of many menu items, including breakfast sandwiches, savory dishes, and sweet treats. Some popular menu items include:

The Five and Dime: A biscuit sandwich featuring fried chicken, pecanwood smoked bacon, cheddar cheese, sausage gravy, and a fried egg.

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The Squawking Goat: A biscuit sandwich with fried chicken, a fried goat cheese medallion, and house-made pepper jelly.

The BAM!: A biscuit topped with house-made mac and cheese and a piece of maple-glazed bacon.

In addition to its standout biscuits, the brand also offers a variety of salads, side dishes, and beverages, including specialty coffees.

3. Community Focus

A key aspect of the Maple Street Biscuit Company’s brand identity is its commitment to community. Each location is designed to be a gathering place for local residents, with communal tables and a warm, inviting atmosphere. The company also engages in various community service activities and partnerships, reinforcing its role as a community hub.

Maple Street Biscuit Company Franchise Cost

1. Initial Franchise Fee

The initial franchise fee for a Maple Street Biscuit Company franchise is approximately $40,000. This fee grants the franchisee the right to operate under the Maple Street Biscuit Company brand and includes initial training and support.

2. Total Investment

The total investment required to open a Maple Street Biscuit Company franchise typically ranges from $400,000 to $800,000. This investment covers various expenses, including:

Real Estate and Leasehold Improvements: Costs associated with securing a location and making necessary modifications to meet brand standards.

Equipment and Fixtures: Kitchen equipment, furniture, signage, and other fixtures.

Initial Inventory: Stocking the restaurant with ingredients and supplies.

Training and Opening Support: Costs related to training staff and support during the initial opening phase.

Working Capital: Funds to cover operating expenses during the initial months of operation.

3. Ongoing Fees

Franchisees are also required to pay ongoing fees, which include:

Royalty Fee: Typically 5% of gross sales, paid to the franchisor for continued support and use of the brand.

Marketing Fee: Approximately 1% of gross sales, contributing to national and regional marketing efforts.

Maple Street Biscuit Company Franchise Conditions

1. Site Selection and Location

Franchisees must work closely with the franchisor to select a suitable location for their restaurant. The ideal location is typically a high-traffic area with good visibility and accessibility. The franchisor provides guidelines and support to help franchisees identify and secure the best possible site.

2. Operational Standards

Maintaining high operational standards is crucial for all Maple Street Biscuit Company franchises. Franchisees are required to adhere to specific guidelines regarding food preparation, customer service, cleanliness, and overall restaurant management. These standards ensure consistency across all locations and help maintain the brand’s reputation.

3. Training and Support

Franchisees must complete a comprehensive training program provided by the franchisor. This training covers various aspects of running the business, including food preparation, customer service, marketing, and financial management. The franchisor also offers ongoing support to help franchisees navigate challenges and optimize their operations.

4. Commitment to Community

As part of the franchise agreement, franchisees are encouraged to engage with their local communities actively. This engagement can take various forms, such as participating in local events, partnering with community organizations, and implementing charitable initiatives. This commitment to community helps reinforce the brand’s identity and build strong local connections.

Maple Street Biscuit Company Franchise Process

1. Initial Inquiry and Application

The process of becoming a Maple Street Biscuit Company franchisee begins with an initial inquiry. Prospective franchisees can express their interest through the company’s website or by contacting the franchise development team directly. After the initial inquiry, candidates must complete a detailed application form, providing information about their background, financial status, and business experience.

2. Evaluation and Approval

Once the application is submitted, the franchisor conducts a thorough evaluation to assess the candidate’s suitability for the franchise. This evaluation includes background checks, financial reviews, and interviews. The franchisor looks for candidates who demonstrate a strong commitment to the brand’s values, have sufficient financial resources, and possess relevant business experience.

3. Franchise Agreement

Upon approval, the candidate is presented with a franchise agreement, outlining the terms and conditions of the franchise relationship. It is essential for prospective franchisees to review this agreement carefully, possibly with the assistance of legal counsel, to ensure they fully understand their obligations and rights.

4. Site Selection and Build-Out

After signing the franchise agreement, the franchisee works with the franchisor to select an appropriate site for the restaurant. This step involves market research, site visits, and negotiations with landlords. Once a site is secured, the build-out process begins, which includes designing and constructing the restaurant to meet brand standards.

5. Training and Pre-Opening

Before the restaurant opens, the franchisee and their management team must undergo comprehensive training. This training program covers all aspects of operating a Maple Street Biscuit Company franchise, from food preparation to customer service and financial management. Additionally, the franchisor provides support during the pre-opening phase to ensure a smooth and successful launch.

6. Grand Opening and Ongoing Support

The grand opening is a significant milestone for any new franchise. The franchisor often provides marketing and operational support during this period to help generate buzz and attract customers. Following the grand opening, franchisees continue to receive ongoing support in the form of regular consultations, operational reviews, and access to marketing resources.

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Maple Street Biscuit Company Franchise Advantages

1. Established Brand Recognition

One of the primary advantages of investing in a Maple Street Biscuit Company franchise is the benefit of established brand recognition. The company has built a strong reputation for quality, innovation, and community engagement. This recognition can help attract customers and create a loyal following from the outset.

2. Proven Business Model

Maple Street Biscuit Company offers a proven business model that has been refined over years of successful operation. Franchisees benefit from established operational procedures, marketing strategies, and support systems that can help mitigate the risks associated with starting a new business.

3. Comprehensive Training and Support

Franchisees receive extensive training and ongoing support from the franchisor. This support includes initial training, marketing assistance, operational guidance, and regular performance reviews. This comprehensive support system helps franchisees navigate challenges and optimize their business operations.

4. Community Engagement Opportunities

The brand’s commitment to community engagement provides franchisees with unique opportunities to build strong local connections and foster customer loyalty. By participating in community events and initiatives, franchisees can establish their restaurants as integral parts of their local communities.

5. Menu Innovation and Quality

Maple Street Biscuit Company’s focus on menu innovation and quality sets it apart from many competitors. The brand’s creative and flavorful offerings appeal to a wide range of customers, ensuring a diverse and steady customer base. The emphasis on fresh, high-quality ingredients also helps maintain customer satisfaction and loyalty.

6. Marketing and Branding Support

Franchisees benefit from the franchisor’s marketing and branding efforts, which include national and regional campaigns, social media marketing, and public relations initiatives. These efforts help raise brand awareness and drive traffic to individual locations.

7. Scalability and Growth Potential

The scalability of the Maple Street Biscuit Company franchise model allows franchisees to grow their business by opening multiple locations. The franchisor provides support and guidance for multi-unit ownership, making it easier for successful franchisees to expand their operations and increase their profitability.

Conclusion

The Maple Street Biscuit Company franchise presents a compelling opportunity for entrepreneurs looking to invest in a proven, community-focused brand. With its unique concept, comprehensive support system, and strong brand recognition, the franchise offers significant potential for success. By adhering to the brand’s high operational standards and actively engaging with their local communities, franchisees can build thriving businesses that are both profitable and fulfilling.

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