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Hot Pies Corner Restaurant for fast food

Contract Duration
5 Years
Investment Amount
from 300K to 750K SR
Franchise Fee
100,000
Number of Branches
2
Country of Origin
Saudi Arabia
Franchise Type
Unit
Brand Establishment Date
22-03-2020
Required/Expected Capital Amount
350,000
Sector
Food and Beverage
Is there a specific location for the opportunity?
No
Ongoing Administration Fees
5 %

Brand Activity Description

The Pie Corner restaurant chain is a Saudi company that aims to achieve leadership in the food business. The Pie Corner restaurant chain seeks to expand further in all regions of the Kingdom of Saudi Arabia by welcoming its guests in its first branches in (Al-Mulham, Huraymila)

General Information

Training and Support available for the franchisee

Training

 

  The franchisor receives the trainees, officially through a special form, and then distributes them according to the vision of the training department to all departments, and after the first week has passed, an initial evaluation is carried out by the training department to install each employee in the department that the training department deems appropriate for him.

 

Support provided

 

Pre-opening support

 

Support during opening

 

Post-opening support

Criteria / Conditions for Accepting Applications

It is preferable that the franchisor (or franchisor) have the following characteristics:

 

  He must have previous work in the same field, or in trade in general.

 

  To have sufficient time to manage his facilities.

 

  He must undergo training with his work team, which is trained by the franchisor.

 

He must not have any financial or legal claims.

Required Criteria for Accepting Franchisee

Has Same Field Experience
Has an Active CR
Has Business Capital
Has Financial Coverage

Financial solvency

Total capital required: 587,000 thousand riyals

 

Added to this are the so-called unexpected expenses, which represent 10% of the total expenses = 58,700 thousand riyals

 

Total financial solvency required = 645,700 thousand riyals

Headquarter Address

Riyadh - Huraymila