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Hook

Contract Duration
5 Years
Investment Amount
from 750K to 1.5M SR
Franchise Fee
50,000
Number of Branches
2
Country of Origin
Saudi Arabia
Brand Type
Multi Units
Brand Establishment Date
06-06-2018
Required/Expected Capital Amount
1,300,000
Sector
Food and Beverage
Is there a specific location for the opportunity?
Yes
Ongoing Administration Fees
5 %

Brand Activity Description

A restaurant specializing in serving shrimp bags

Training and Support available for the franchisee

Hook Management will provide franchisees with approximately 10 weeks of initial training at the franchisee's headquarters or at a location designated by Hook Management, starting 6 to 9 weeks prior to the franchisee's scheduled opening date. Phase 1 instruction will cover administrative, operational, sales, and marketing matters, and will also include a significant amount of on-the-job training.

Required Criteria for Accepting Franchisee

Has an Active National File No.
Has Business Capital
Has Financial Coverage

Financial solvency

The franchisee must have the financial capacity to cover the project costs in addition to the salaries of employees for a period of 10 months.

Headquarter Address

Jeddah

Official government website of the Government of the Kingdom of Saudi Arabia
How to verify
Links to official Saudi websites end with sa

All links to official websites of government agencies in the Kingdom of Saudi Arabia end with gov.sa.

Government websites use the HTTPS protocol for encryption and security.

Secure websites in the Kingdom of Saudi Arabia use the HTTPS protocol for encryption.