Franchimp Summary Rating
Higher than 68% of peers
Franchise Summary
Description
This franchise is for the development and operation of a “Ruby’s® Diner” restaurant, offering breakfast, lunch and dinner with a full menu of breakfast items, appetizers, hamburgers, salads, sandwiches, soups, chili, fries, shakes, malts and desserts.
Corporate Structure
Ruby’s Franchise Systems, Inc., a California corporation, was incorporated on July 13, 1990. Their principal business address is 201 Shipyard Way, Suite E, Newport Beach, California 92663. They have offered franchises for Ruby’s® Diner Restaurants since their incorporation.
Investment and Franchisee Fees
The total investment necessary to begin operation of a single Restaurant is between $737,500 and $1,922,000. This includes approximately $55,000 to $65,000 which must be paid to the franchisor or its affiliates.
Distribution of Ruby's Diner Franchisees
Ruby's Diner Franchise System Development in 2015
FAQ
How much investment do I need to start my own Ruby's Diner business?
Franchisees typically require at least $737,500 to $1,922,000 investment to get their Ruby's Diner business started
What are the initial franchise fees for Ruby's Diner?
We don't know exactly how much the franchise fees are for Ruby's Diner, but we can tell you that other franchises in the Food & Beverage sector typically need to pay between $13,088 and $18,818 to the
franchisor
How much money can I make with a Ruby's Diner franchise? What are
the average revenues for a typical Ruby's Diner business?
We haven’t done the math on how much revenue a typical
Ruby's Diner brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$1,201,697 revenue, so we would expect
Ruby's Diner to generate a similar amount
How long do I need to commit to running a Ruby's Diner unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$568,020 to $2,528,500
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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