4/10

Franchimp Summary Rating

4 /10
Higher than 69% of peers

Franchise Summary

Description
The franchise is for the right to develop and operate a full-service First Watch -brandedrestaurant, featuring breakfast, brunch and lunch items in a casual dining atmosphere, subject to andgoverned by a franchise agreement.
Company Background
Since our founding in 1986, First Watch has grown to more than 100 restaurants with locations across the country. We are a casual dining restaurant that specializes in breakfast, brunch and lunch service. First Watch is expanding its reach by opening new restaurants nationwide while also growing its popular catering business. The company's goal is to become the "go-to" brand for all things breakfast, brunch and lunch - no matter what time of day it may be!
Franchise Opportunity
First Watch(R) Restaurants are full-service restaurants featuring breakfast, brunch and lunch in a casual dining atmosphere. The franchise opportunity is for an independent entrepreneur who wants to operate their own restaurant business. First Watch(R) Restaurants offers the support of a proven system that can help you succeed as an independent restaurateur. Our company has been recognized by Entrepreneur Magazine as one of the top 500 franchises in America four years running, and we have received numerous accolades for our food quality and overall guest experience. We offer a unique blend of flexibility and control that allows you to customize your restaurant concept while maintaining our high standards of excellence and integrity. You will be backed by our team's expertise in operations, marketing, training & development, accounting/finance - whatever it takes to ensure your success!
Corporate Structure
First Watch Franchise Development Co. is a Delaware corporation, formed on October 3, 2005. Their principal business address is 8027 Cooper Creek Blvd. #103, University Park, Florida 34201. They began to offer franchises as of April 30, 2008.

Franchise Types Available

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Employee Contact Database

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Distribution of First Watch Franchisees

First Watch Franchise System Development in 2022

FAQ

How much investment do I need to start my own First Watch business?
Franchisees typically require at least $1 to $2 investment to get their First Watch business started
What are the initial franchise fees for First Watch?
Franchisees typically need to pay at least $45 in fees directly to First Watch in order to earn the right to launch their business
How much money can I make with a First Watch franchise? What are the average revenues for a typical First Watch business?
We haven’t done the math on how much revenue a typical First Watch brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect First Watch to generate a similar amount
How long do I need to commit to running a First Watch unit? What is my contractual commitment?
First Watch franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

4 /10
The Franchisor's investment costs ranges from $1,210,150 to $2,028,800 which is Much Higher than the $0 to $0 average in the Restaurants (Sit-Down) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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