Top Round Roast Beef
This franchise also offers the following brands: RED RIBBON CHICKEN
Food & Beverage QSRCompany Information
Address
1000 S. La Brea Avenue, Los Angeles, California 90019
Website
Tel
Email
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Franchise Summary
Description
The franchise is to operate a chef driven fast-food fixed location restaurant under the name Top Round Roast Beef that features real roast beef sandwiches, hand-breaded chicken sandwiches, burgers, curly fries, salads and frozen custard. In participating markets, the franchise may also operate a virtual restaurant from the same location under the name Red Ribbon Chicken, which features hand-breaded chicken sandwiches, tots and frozen custards.
Company Background
Top Round Roast Beef is a chef-driven fast food restaurant that offers the best roast beef sandwiches and frozen custard in town. Our mission is to provide our customers with fresh, high quality foods at an affordable price. Top Round Roast Beef's menu includes signature items like roasted top round beef, hand-breaded fried chicken sandwiches, and homemade custard.
Franchise Opportunity
Fast food restaurants are everywhere, but not all of them offer the same level of quality. Our roast beef sandwiches have been carefully crafted to provide a delicious experience for our customers and we use only top round roast beef that is tender and juicy. We're proud to be able to serve you with fresh ingredients made from scratch in every sandwich we make. And because our menu items are so affordable, you can enjoy great tasting meals without breaking your budget!
Corporate Structure
Top Round Royalties, LLC is a Delaware limited liability company that was formed on August 21, 2014. Our principal business address is 1000 S. La Brea Avenue, Los Angeles, California 90019. Our agents for service of process are listed on Exhibit F. We do not have any predecessors. We have one parent company, Top Round Parent, LLC. Its principal business address is the same as ours.
Investment and Franchisee Fees
The total investment necessary to begin operation of a single Top Round outlet ranges from $298,950 to $781,400. This includes a $35,000 franchise fee which must be paid to the franchisor or affiliate. The total investment necessary to begin operations under our Area Developer Agreement with rights to develop between a minimum of 3 outlets and, for illustration, a total of 5 outlets ranges from $318,950 to $821,400. This includes for the first outlet a $35,000 franchise fee and for additional outlets a development fee of $10,000 for every outlet you commit to develop that must be paid to the franchisor or affiliate. Outlets that feature a drive thru will require an additional investment ranging from $0 to $55,000 and outlets that also feature a Red Ribbon Chicken virtual menu will require an estimated additional investment in inventory of $2,500.
Earnings Transparency
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Employee Contact Database
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Top Round Roast Beef Franchise System Development in 2020
FAQ
How much investment do I need to start my own Top Round Roast Beef business?
Franchisees typically require at least $298 to $821 investment to get their Top Round Roast Beef business started
What are the initial franchise fees for Top Round Roast Beef ?
Franchisees typically need to pay at least $35 in fees directly to Top Round Roast Beef in order to earn the right to launch their business
How much money can I make with a Top Round Roast Beef franchise? What are
the average revenues for a typical Top Round Roast Beef business?
We haven’t done the math on how much revenue a typical
Top Round Roast Beef brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$1,201,697 revenue, so we would expect
Top Round Roast Beef to generate a similar amount
How long do I need to commit to running a Top Round Roast Beef 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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