At Montana’s, you’re in business for yourself, but not by yourself. The Montana’s Franchise Partner process is designed to ensure that potential Franchise Partners are carefully screened, informed, equipped, and trained to run a Montana’s Cook House successfully. Our objective is to get to know you and assess your comfort level in becoming a franchise partner. We are looking for the right “fit” between yourself and our franchise family. This selection process will also help you gain insight into how we pride ourselves in selecting and supporting all our franchise partners.

While each case is different, you can expect to take between six to sixteen months to complete the process. The first step involves learning about the financial commitment.

Understanding the financial commitment is crucial to the Franchise Partner Process. The following list outlines what you need to know about before pursuing a Montana’s franchise.

GETTING STARTED:

  • A Franchise Fee of $60,000 is charged at the commencement of the 20-year franchise agreement, in addition to construction costs.
  • The net construction cost for a new Montana’s restaurant is approximately $1,500,000 - $1,700,000.
  • Montana’s and financial institutions require $500,000 - $600,000 (30%) equity in unencumbered cash (liquid capital, including cash, and savings, chequing or GIC accounts. RRSPs are not eligible) and the remainder can be financed.
  • Montana’s does not provide any financing, but may assist in your loan application through its financing programs with national banks.

ONCE OPENED AND OPERATING:
As part of your Franchise Agreement, each restaurant is required to pay the following fees:

  • 5% Royalty fee
  • 3% Advertising fee, towards the national marketing fund

Both fees are calculated as a percentage of gross sales. These fees are in addition to other operating costs and rent.

FINANCING FAQS:
CAN I INCLUDE ASSETS HELD OUTSIDE OF CANADA?
Your assets must be in Canada and you must be able to provide appropriate documentation to substantiate all assets.
WHAT IS MY RETURN ON INVESTMENT?
Unfortunately, we cannot predict the success of any restaurant as many variables affect each business and actual results will vary from one franchise to another and from one operator to another. We do not provide pro forma financial forecasts or any earnings claims. We provide no representations, warranties or projections of revenues, costs or return on investment.
WHAT IS THE BREAK-EVEN POINT?
As noted above, we make no earnings claims and each applicant must conduct their own due diligence review. We do encourage all applicants to perform a thorough review and to seek professional assistance in this regard.
«BACK  |  NEXT»