10/10

Franchimp Summary Rating

0 /10
Higher than 100% of peers
10 /10
Lower than 5% of peers

Franchise Summary

Description
Advanced Fresh Concepts Franchise Corp. (“AFC”) will grant you a franchise to use their system to offer prepared foods from one or more AFC food service counters at a grocery store, retail center or other location that someone else owns.
Company Background
AFC is a franchising company that specializes in creating and supplying the food service industry with fresh prepared food. We are looking for franchisees who want to own their own business, but don't have the time or experience to start one from scratch. AFC will grant you a franchise to use our system to offer pre-packaged foods at grocery store counters, retail centers, or other locations that someone else owns so you can focus on what you do best: running your business!
Franchise Opportunity
Owning and operating a restaurant can be incredibly challenging. Not only do you have to worry about the food, but you also have to manage the staff, keep up with inventory, and handle customer service. The restaurant industry is incredibly competitive, and it's difficult to make a profit if you're not doing everything perfectly. You could spend years learning how to run a restaurant, or you could franchise with AFC and let us do all the hard work for you. AFC offers a proven system that has been successfully implemented in over 1,000 locations across North America. You'll receive training and support from our team of experts so that you can confidently offer fresh, delicious meals from one or more of our food service counters.
Corporate Structure
Advanced Fresh Concepts Franchise Corp is a California corporation incorporated on April 30, 2002. Their business address is 19205 South Laurel Park Road, Rancho Dominguez, California 90220. They have offered and sold franchises since May, 2002 in the United States.

Franchisee Attrition

0 /10
This franchise's rate of attrition in 2023 of 9.38% was Slightly Higher than the 5% in the Quick Service Restaurants (QSR) industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year. It is a strong indicator of the strength of the underlying operating model

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of AFC Franchisees

AFC Franchise System Development in 2023

FAQ

How much investment do I need to start my own AFC business?
Franchisees typically require at least $41 to $238 investment to get their AFC business started
What are the initial franchise fees for AFC ?
Franchisees typically need to pay at least $38 in fees directly to AFC in order to earn the right to launch their business
How much money can I make with a AFC franchise? What are the average revenues for a typical AFC business?
We haven’t done the math on how much revenue a typical AFC brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect AFC to generate a similar amount
How long do I need to commit to running a AFC unit? What is my contractual commitment?
AFC franchisees are typically required to sign up to a 5 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

10 /10
The Franchisor's investment costs ranges from $41,104 to $238,804 which is Much Lower than the $0 to $0 average in the Quick Service Restaurants (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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