Mr. Hero
Food & Beverage QSRCompany Information
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Franchimp Summary Rating
Lower than 21% of peers
Employee Contact Database
| # | Name | Position | Phone Number | Email Address |
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Mr. Hero Franchise System Development in 2017
FAQ
How much investment do I need to start my own Mr. Hero business?
Franchisees typically require at least $120,000 to $310,000 investment to get their Mr. Hero business started
What are the initial franchise fees for Mr. Hero?
We don't know exactly how much the franchise fees are for Mr. Hero, but we can tell you that other franchises in the Food & Beverage sector typically need to pay between $12,947 and $18,635 to the
franchisor
How much money can I make with a Mr. Hero franchise? What are
the average revenues for a typical Mr. Hero business?
We haven’t done the math on how much revenue a typical
Mr. Hero brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$1,201,697 revenue, so we would expect
Mr. Hero to generate a similar amount
How long do I need to commit to running a Mr. Hero 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
$213,540 to $475,750
which is
Much Lower
than the $0 to $0 average in the QSR 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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