Listed below are some of the most frequently asked questions in regards to becoming a franchisee in the Mr. Hero system. Contact us for additional information: 888-860-5082.
Q: Is Mr. Hero listed with the SBA Franchise Registry?
A: Yes, Mr. Hero is listed with the SBA Franchise Registry.
Q: Do I need to have experience in the food service industry to be considered as a potential franchisee in the Mr. Hero system?
A: Although helpful it is not a requirement. The want, desire, willingness to learn, aspiration to succeed, and entrepreneurial spirit along with a
positive attitude are just some of the qualities we look for in a potential franchisee.
Q: What training do I receive? How long is the training program? Where do I get trained?
A: We provide a 3 week training program to new franchisees. There is a classroom portion of the program that is held at the Corporate Office. The "hands on" portion of the program is held at a corporate owned Mr. Hero restaurant.
Q: How much is the franchise fee for a Mr. Hero restaurant?
A: The franchise fee is $18,000.
Q: How many years do I get in the franchise agreement?
A: The franchise agreement is for 10 years. There is also a 10 year additional option.
Q: What are the ongoing fees? How much are they?
A: The royalty fee is 5½% and the advertising fee is 5½%. These fees are paid weekly through E.F.T.
Q: Is there a grand opening fee?
A: Yes. The grand opening fee is $4,000 and provides for advertising and promoting your specific Mr. Hero restaurant!
Q: How much square footage will I need for my Mr. Hero restaurant?
A: 1,500 to 1,800 square feet is the average.
Q: How much money do I need to be considered for a Mr. Hero franchise?
A: Typically individuals will need in addition to the franchise fee a minimum $75,000 in non borrowed personal resources (liquid assets) along with an overall net worth of at least $250,000 to qualify.
Q: How much will it cost to build my Mr. Hero restaurant?
A: The investment range to build out and furnish your unit will vary by size, location, and other factors.
Q: Does Restaurant Developers Corp. provide my financing?
A: No. However we can direct potential franchisees to sources that have provided financing options to other Mr. Hero franchisees.
Q: Will Restaurant Developers Corp. help with site selection?
A: Yes! We will review a potential site with you. We also can direct you to other resources for additional options if needed.
Q: Do I receive a protected territory for my Mr. Hero restaurant?
A: Yes! Every franchisee in the Mr. Hero system has a protected territory.
Q: How long does the process take to open a Mr. Hero restaurant?
A: Once the franchise agreement is signed, a site has been selected, and you have signed the lease (if applicable), the average time frame is between 3 to 6 months, however this may vary depending upon several factors.
Q: Can I own more than one Mr. Hero restaurant?
A: Yes! In fact, you may have the qualifications and ability to own several.
Q: I would like to own and develop an area, such as a county, for multiple Mr. Hero restaurants within your expansion zone. Is this a possibility? Would each one of my Mr. Hero restaurants have a protected territory?
A: Yes it is possible to buy a larger area, such as a county, for multiple Mr. Hero restaurants. In this case the entire area would be protected.
Q: Where are you currently expanding?
A: Currently we are franchising in the state of Ohio.
Q: Can I convert my current restaurant to a Mr. Hero?
A: Converting a former restaurant, pizza shop, or other business is also an option when considering a Mr. Hero restaurant. Many of these businesses occupy desirable locations and may be converted at a lower price than the cost of new construction. In addition, these former businesses may have some of the mechanicals already in place that can be utilized for the Mr Hero restaurant thus saving you money.
Q: I am really interested in becoming a franchisee in the Mr. Hero system.
A: Click here to answer a brief questionnaire or to request additional information.
Click here to review and print a Mr. Hero qualification request form.
Mail your completed applications to:
Restaurant Developers Corp.
Attn: Franchise Administration
7002 Engle Road, Suite 100
Middleburg Heights, OH 44130
Or FAX: 440-625-3081