Franchise Franchise Project: ArbysProject: Arbys

By: Kyle Varone

History

0Arby’s was founded in 1964 by brothers Leroy and Forrest Raffel

0The first Arby’s restaurant opened in the city of Boardman, Ohio

0Arbys’ first corporate headquarters were located in Youngstown, Ohio

0When the restaurant first opened only two employees worked at a time

Products they sell

0Different roast beef sandwiches and curly fries are what Arby’s is most well known for

0Pepsi products are sold in all Arby’s restaurants0Other menu items include chicken sandwiches, warm

turkey sandwiches, apple and chocolate turnovers, and cheesy potato bites

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

Arby’s Future Plans

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

How many franchises?

0Currently, Arbys has 3,572 franchises0Arbys is not listed in the top 100 franchises list for

this year

The Arby’s Foundation

0The Arby’s foundation was formed in 1986, it’s goal is to help stop child hunger

0By 2015, the foundation hopes to wipe out child hunger nationwide

How can you Own a Franchise?

0Arby’s requires that you fill out their questionnaire on their website and fill out an application

0You need to have at least 500,000 dollars in liquidation assets

Start up Fee and Financial Commitments

0The average start up fee for an Arby’s franchise is around 300,000 dollars

0You will have to be willing to pay two percent of your revenue to Arby’s

0Arby’s charges a two percent royalty fee the first 24 months, then a 4 percent fee after that

01.2 percent goes towards advertising for your franchise

How does Arby’s Help?

0Arby’s helps franchisees advertise and to find a location for their store

0They provide operating and development teams for your store, they are in charge of most of the construction and real estate responsibilities

Requirements of the Owner

0Arby’s requires owners to have a minimum of 500,000 dollars in liquidation assets

0Owners need to have a history in the food service industry

0Have a history of previous business success0Someone who would eventually be willing to own

multiple Arby’s stores

How can you Contact Arby’s

0You can contact Arby’s through their website

www.arbys.com0Arby’s corporate headquarters are located in Atlanta,

GA

Works Cited0 www.thefranchisemall.com0 www.arbys.com0 www.franchiseoppurtunities.com0 www.riversidecemeteryjournal.com0 www.yahoo.com/voices

Images0 www.arbys.com 0 www.premohoopsrecruiting.com0 www.riversidecemeteryjournal.com0 www.blogspot.com0 www.flickr.com0 www.arbysfoundation.com