Al Baik

FAQ

Questions and Answers Related to Al-Baik Franchise

  1. Ensure you have adequate capitalization.
    In order to open a Al-baik franchise, you must have a net worth of 15 –  25 Lacs as per selected model.
  2. Appreciate the investment required for a restaurant franchise.
    Need to consider building and real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
  3. Evaluate your prior experience and strengths.
    You should thoroughly evaluate your prior business experience before applying to become a Al-baik franchise owner.
  4. Assess market availability.
    Look at the market availability for Al-baik franchise and see if there are available markets in your location of interest before proceeding with the franchising application.
  5. Submit your application.
    Your application will be reviewed by the Al-baik team. You will be emailed a confirmation receipt upon reception of your online application.
  6. Receive approval & opening your Al-baik franchise.
    You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.

For More Details Call Us On 8960970000

refer our website www.al-baik.com.co

Al-baik has the franchise fee of up to 500,000 for a take away and 800,000 for a sitting format franhcise, with total initial investment range of 15,00,000 to 50,00,000 respectively and approximately.

Initial investments : 50,000-100.000
Net-worth Requirement for Take Away: 15-25 L

NAME OF FEE INRTAKE AWAYSITTING
Application & Background Check Fee (per prospect)50000100000
Deposit Fee5000001000000
Option Fee100000250000
Training Expenses50000150000
Permits, Licenses, and Security DepositsFranchiseeFranchisee
Real PropertyFranchiseeFranchisee
Décor Cost2500/sqft2500/sqft
Equipment, Signage, and POS & MERIT700000900000
Start-up Inventory200000400000
Grand Opening Expense200000300000
InsuranceFranchiseeFranchisee
Miscellaneous Costs100000300000
Additional Funds50000150000
Total Estimated Expenditure15000003500000
 
TYPE OF FEEAMOUNT
Royalty4%-5% of Gross Revenue or a minimum of 75000, whichever is greater, per month (minimum fee subject to adjustment based upon the Consumer Price Index)
National Co-op4.5% of gross revenues
Renewal, if applicable150000-300000 (subject to adjustment based upon the Consumer Price Index)
Transfer to an Existing Al-baik LLC
Franchisee
75000-150000 for the first Outlet and 50000 for each additional Outlet in the same transaction
Transfer to a New Al-baik LLC
Franchisee
150000-300000 for the first Outlet and 150000 for each additional Outlet in the same transaction
AuditEntire cost of audit, including expenses of auditing personnel
Additional Refresh/Training20000
Costs, expenses and attorneys’ feesWill vary
IndemnificationWill vary
Late royalty payments1.5% per month
Restaurant Operations Compliance Check – comprised of two categories:
 (1) Food Safety Compliance Check and (2) Brand Standards Compliance Checkre-evaluation
15000
Support Services and Software Maintenance for
 Al-baik International
LLC’s MERIT System
2500 per unit/per month
One System Fund FeeNIL

We provide estimated API franchise costs for some countries:
– In the United States, the total investment to start the ABI Restaurant is around $1,442,550 to $2,771,500.
– In Indonesian currency, the investment comes around Rp 2048 crores to Rp 3935 crores.
– In Canadian currency, the investment comes around $1,912,735 CDN to $3,674,845 CDN.
– In Malaysian currency, the investment comes around RM 6,044,291 to RM 11,612,598.

On-The-Job Training: 2 weeks
Classroom Training: 2 days

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