Q: How much can I make as a Sharky’s Franchisee?
A: Federal Trade Commission regulations and various states regulating franchise sales activity restrict our ability to provide you with specific profit projections. To learn more about actual experiences, we encourage you to speak with existing Franchisees during your qualification process.
13. I have a complaint, who do I contact?
Please feel free to provide any feedback you have for us. Visit the Let’s Talk page.
12. I am interested in franchising, how do I do this?
We’re flattered you’re interested! Please visit the Franchise pages for more information.
11. I am a vegetarian, what can I eat?
There are many options available including our organic tofu that you may request in any item. Our organic black beans and pinto beans are both meatless and vegetarian friendly.
10. I am a vegan, what can I eat?
We have a couple vegan items that are not found on the menu–the AJ burrito or AJ bowl. The vegan AJ burrito is a combination of organic brown rice, black or pinto beans, steamed broccoli and guacamole wrapped in a low-fat whole wheat tortilla. You can request it as a bowl without the tortilla over a bed of baby greens.
5. What tips do you have to make our fundraiser a success?
After you have confirmed your Sharky’s fundraiser, take some of these steps to help create a large turnout and increase your donation. The more people your organization brings in for your fundraiser, the more money your group earns.
• Email your fundraising flyer to everyone you know (family, friends, co-workers, etc.)
• Announce your fundraiser on your website and social media sites (Facebook, Twitter, blogs, etc.). Post a link to download your flyer (downloadable pdf of your flyer).
• Pass out flyers at large gatherings or insert information in your newsletters.
• The most important step for success, is to allow enough time for you to promote it and get the word out to everyone you know. The more people that come to your Sharky’s fundraiser, the more money your organization will earn. Your supporters can order take-out or catering too. Just have them present a flyer or show it on their phone when they pick-up their order.
Q: I’m interested, how do I get started?
A: Thanks! We’re flattered. Please fill out the Franchise Request Form and we’ll be in touch with more information.
Q: I have a suggestion for a location.
A: We’re always looking great locations. Please send the information to realestate@sharkys.com
Q: Before I fill out an application, I’d like to know if a specific territory is open for franchising.
A: Our Development Team would be happy to answer that question for you. You can e-mail them at realestate@sharkys.com
4. How soon after the fundraiser will my organization receive a check?
You will receive your fundraiser check within 4-6 weeks after your event.
3. How far in advance do I need to schedule a fundraiser?
You should coordinate and submit the necessary documents for your fundraiser at least 1 month in advance. This gives us time to create your customized Sharky’s flyer and plenty of time for you to distribute as many flyers as possible and inform everyone of your event.
2. How much $$ can we earn?
You will earn 20% of the net food/beverage sales that your organization brings in (plus an additional $1 for every chips & guacamole side sold on Guacamole Smash Nights). The more flyers you distribute, the higher your return rate will be. There are no limits to how much you can earn! TIP: Organizations that have involved a popular leader or groups (i.e. teachers, principals, football team) at the restaurant.
1. Who can hold a fundraiser at Sharky’s?
A number of community non-profit organizations are eligible to organize and hold a fundraiser at Sharky’s. Examples are, but not limited to: Sports Teams/Squads, Church Groups, Booster Clubs/PTA’s, Charity events, Schools, etc. The list is endless. If you need $$ and want a fun way to earn it for your organization, a fundraiser at Sharky’s is the way to go.
Q: What kind of training can I expect as a franchisee?
A: We promise to take good care of you. All Franchisees and their leadership Teams participate in a hands-on program designed for each level of leadership. For Franchise owners, there is a two-week executive training program, which emphasizes systems, organizational leadership and Sharky’s standards execution. For Operators and Kitchen Managers, there is an eight-week intensive hands-on training program, which covers all of the hourly Team functions, management systems and operating standards of the Sharky’s brand.
Q: How long does it take to open a Sharky’s?
A: Each restaurant location is different with factors such as site selection, build-out requirements, and training. We have found the development cycle is approximately eight months from execution of the Franchise Agreement.
Q: What qualifications do I need to become a Sharky’s Franchisee?
A: Sharky’s is actively seeking highly qualified individuals and Teams to become franchisees. Prior business experience, personal financial qualifications, individual motivation, and a track record of success are important factors in our evaluation process.
FAQ
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Q: What are the average annual sales of a Sharky’s restaurant?
A: Due to Federal and State regulations, we are unable to provide you with specific restaurant sales. Examples of annual sales are listed in our Franchise Disclosure Document (FDD), which is on file with the Federal Trade Commission. Once we pre-qualify you and your Team through our application process you will have access to the FDD.
Q. Does Sharky’s offer financing?
A: No. We believe your first Sharky’s should be developed with individual or corporate assets. However, as you grow Sharky’s can direct you to sources of funding in the areas of equipment leasing, construction as well as SBA loans.
Q: What are the minimum financial requirements?
A: An individual minimum net worth of $1,000,000 for a single restaurant developer with cash resources of $750,000
- For an Area Developer of 3 to 5 restaurants
- Minimum net worth of $2,000,000 with cash resources in excess of $1,000,000
- For an Area Developer of 6 to 10 restaurants
- Minimum net worth of $5,000,000 with cash resources in excess of $2,500,000
- Demonstrated ability to access capital as needed
Q: What are the marketing fees?
A: The Marketing Development Fund is currently 1.5% of net sales.
Q: What are the franchise fees and royalties?
A: The Franchise Fee for first location agreements is $40,000. If you have an Area Development Agreement (ADA), the fee is $40,000 for the first location and a $10,000 deposit per each additional location in the ADA. The royalty fees are 5% of net sales.
9. Do you offer coupons?
We run limited coupons and promotions from time to time. To stay informed sign up for a Fin-Addict Card and opt-in to receive emails regarding promotions we will run in the future.
8. How can I check my gift card balance?
Visit our Fin-Addict page to check your card balance, transaction history and edit your account information.
7. Can I buy gift cards online?
Unfortunately at this time gifts cards are not available for purchase online. However, please feel free to visit any of our locations and pick one up in the store.
6. What happens if I forget my card–can I still get credit for that visit?
As of July 1, 2011 our upgraded technology & security system will no longer allow credit for past visits. Remember to present your card or the valid phone number you registered your card under to the cashier when you make a purchase to receive credit.
5. I lost my fin-addict card, how can I get a new one?
Not to worry! Please feel free to pick up a new Fin-Addict card at any of our Sharky’s locations. If your previous card was registered you are able to attach the new card to your existing Fin-Addict account by visiting the Fin-Addict page
4. Why do I need to register my Fin-Addict card?
Your card must be registered in order to receive your awards.
3. I lost 100 points when I registered my card, why?
Don’t worry, your points have not been lost! We automatically convert your points into Sharky’s Bucks each time you reach 100 points (100 points = $7 in Sharky’s Bucks). Your Sharky’s Bucks will be stored on your card for you to redeem toward any future purchase at participating Sharky’s Woodfired Mexican Grill locations.
2. What is a Fin-Addict card?
A Sharky’s Fin-Addict card is our loyalty program card that allows you to earn points with each purchase in addition to learn about special promotions first! We like to reward our Fin-Addicts with exclusive offers, promotions and even double points from time to time. You never know what perk might be next as a valued Sharky’s Fin-Addict. To learn more about the Fin-Addict loyalty program please visit the Fin-Addict page.
1. Do you cater?
Yes we do! Please visit our catering page to find the Sharky’s location nearest you, as well as the catering menu.