"I love Miami Grill Franchise | Seeking New Candidates"

2022-06-23 03:59:22

Skip to contentMenuCateringOur StoryFranchiseCareersLoyalty Program FIND YOUR STOREORDER NOWMenuCateringOur StoryFranchiseCareersLoyalty ProgramFind Your StoreOrder NowWelcomeWho We AreThe OpportunityQualificationsFAQsGet StartedWelcomeWelcomeWho We AreThe OpportunityQualificationsFAQsGet StartedTHE FRANCHISE OPPORTUNITYAS HOT AS MIAMI.LET'S TALKCall us at 954.973.0350Get StartedLET'S TALK954.973.0350Get StartedA Franchise Opportunity as hot as Miami.BUSINESS IS BOOMING$2,188,590AVERAGE GROSS SALES*12%Year Over Year Comp Sales Increase**$2,072,786MEDIAN GROSS SALES**Brand HistoryFor more than 30 years, we've served a menu as diverse as Miami itself.1980sHumble BeginningsIt started as a single upscale sub shop in Key West in 1988, aptly named Mr. Submarine. Shortly thereafter, the brand took its success and headed north into Miami, where it expanded both its menu and its footprint as it evolved into Miami Subs.1990sBusiness BoomsThe budding brand's unique Miami inspired design and delicious made-to-order meals captured the market's attention and never looked back. It garnered a cult-like following through the late 1990s that grew the brand into nearly 200 units.2000sA Shift in StrategyThrough the early 2000s, an acquisition by Nathan's Famous saw the sell-off of many Miami Subs properties, due in large part to high-value unit locations in a booming real estate market. Marketing for the brand slowed significantly.Nathan's sold the brand to newly forms investor group Miami Subs Capital Partners in 2007, which took over day-to-day management in 2010.2010sThe RevitalizationThough market share was smaller, customer loyalty was evident. Recognizing the brand equity, Capital Partners understood they needed a fresh vision to elevate the organization back to its deserved glory. They brought on Richard Chwatt as CEO in 2010 to revitalize the iconic brand. Through his efforts, the turnaround was energized and the vision began to take shape, ultimately paving the way for the brand we know today as Miami Grill.PresentExecuting the VisionLoyalty still abounds for the South Florida favorite today and we're excited to say it's once again in high-growth mode. From high-profile corporate partnerships with names like Pitbull, to new formats that meet an ever changing marketplace, Miami Grill is a franchise opportunity with a rich, diverse experience emblematic of Miami itself.The OpportunityOur Flexible FormatsMiami Grill features three different business models, offering franchisees the flexibility to choose an opportunity that best fits their investment goals.MIAMI GRILL TRADITIONAL MODELOur traditional model features a free standing building in a fast-casual dining environment with space for 45-55 guests. It also features a drive-thru, outdoor dining, as well as third-party delivery and EZ catering.MIAMI GRILL EXPRESS MODELOur express model features a guest experience built for modern times and designed for optimal flow. With a guest experience focused exclusively on drive-thru, pickup, and delivery (no dine-in experience), startup and management are simplified making it a cost-effective and streamlined process. And thanks to modular prefab construction, build outs can be completed up to four months faster than traditional new construction.MIAMI GRILL & BAROur Miami Grill & Bar Model is a similar concept to our Traditional Model, but with full service restaurant that includes an expanded menu, complete bar, late night appetizers, and a vibrant look designed to tastefully reflect the influence of South Beach. It also features a drive-thru for expedited service.BEST IN CLASS TECHNOLOGYMiami Grill's restaurant technology streamlines operations with open, cloud-based P.O.S. systems that feature fill integration and easy-to-use platforms. Self-ordering kiosks and tablets elevate the guest experience and facilitate faster checkout, while inventory and other back-end systems streamline operations. We're currently testing voice recognition technology for drive-thru to further optimize labor dollars.Improve inventory control, simplify scheduling and easily manage reporting with technology that does the heavy lifting.CLOUD BASED P.O.S.SELF ORDERING TABLET & KIOSK SYSTEMSEASY-TO-USE TOOLSSTREAMLINED OPERATIONSINTEGRATED PLATFORMSWE'RE PARTNERSWhen you're awarded a Miami Grill franchise, you are fully supported every step of the way by a team of like-minded partners dedicated to your success. We're proud to work with professional marketing specialists and equity partners who help ensure our brand is consistently represented in all the right places"I am no longer just an artist, I am a business partner."PITBULLGETTING STARTEDIS MIAMI GRILL RIGHT FOR YOU?A franchise is a relationship and we want our to be long-lasting and successful. We'll explore our compatibility through a mutual process of due diligence.GET STARTEDSingle Unit Qualifications Include:$250,000 in liquid assets, excluding home equityNet worth of $700,000Strong credit historyWHAT FRANCHISEES ARE SAYINGI love what I do! I love Miami Grill. I love the people at the corporate offices and I have a great relationship with them. I feel that we work well together.John NakisFranchisee, MiamiWith all the franchise concepts to choose from, I'm happy I selected Miami Grill. Fresh food and the look shows me their vision for the future.J.C. RiveraMulti-Unit OwnerI have been involved with restaurants most of my life and what attracted me most to this brand was the food. My wife and I immediately saw the immense growth potential with Miami Grill from the unique product line and great variety that appeals to a wide consumer base to the outstanding internal support, Miami Grill is a one of a kind franchise opportunity and we are thrilled to be part of the team.Sini and Paula MikalackiMulti-Unit OwnerI have been part of the Miami Subs/Miami Grill family for many years now from employee to owner and I couldn't be happier. With all of the franchise options out there today, it is great to be apart of a system that has been franchising for so many years. The Miami Grill corporate family is dedicated to our success and it shows each and every day.Sean WrightFranchisee, Key WestI've been thinking about franchising for quite some time. As I thought about different options, I can tell you that Miami Grill ultimately checked all the boxes. It was a no brainer.Kamar AikenKamar AikenI love what I do! I love Miami Grill. I love the people at the corporate offices and I have a great relationship with them. I feel that we work well together.John NakisFranchisee, MiamiWith all the franchise concepts to choose from, I'm happy I selected Miami Grill. Fresh food and the look shows me their vision for the future.J.C. RiveraMulti-Unit OwnerI have been involved with restaurants most of my life and what attracted me most to this brand was the food. My wife and I immediately saw the immense growth potential with Miami Grill from the unique product line and great variety that appeals to a wide consumer base to the outstanding internal support, Miami Grill is a one of a kind franchise opportunity and we are thrilled to be part of the team.Sini and Paula MikalackiMulti-Unit OwnerI have been part of the Miami Subs/Miami Grill family for many years now from employee to owner and I couldn't be happier. With all of the franchise options out there today, it is great to be apart of a system that has been franchising for so many years. The Miami Grill corporate family is dedicated to our success and it shows each and every day.Sean WrightFranchisee, Key WestI've been thinking about franchising for quite some time. As I thought about different options, I can tell you that Miami Grill ultimately checked all the boxes. It was a no brainer.Kamar AikenKamar AikenThe Latest in Restaurant TechnologyHere are some of the ways the Miami Grill team is rethinking tech in the digital age. Read MoreTop 3 Things To Consider in a Franchise OpportunityToday, we take a look at a few common things to look for in a franchise opportunity.Read MoreThe Future is OursIf you share our passion and are looking for your next great investment opportunity, we invite you to join one of the fastest-growing restaurant companies.LET'S TALKRobert HAARVP of Franchise Development[email protected]954.973.0350mymiamigrill.comEvan FriedmanExecutive Vice President[email protected]954.973.0408mymiamigrill.comGet StartedPlease complete the form below if you are interested in franchising. Frequently Asked QuestionsHow soon can I open? How long does the process take?It can take four months or more from beginning the process to opening your first unit.WHAT DOES IT COST TO OPEN A MIAMI GRILL®?$250,000 in liquid assets. This includes anything besides home equity that can be converted to cash within 30 days.Net worth of $700,000Strong Credit HistoryHow can I finance this investment?SBA Guarantee Loan ProgramMiami Grill® is an approved franchise on the SBA National Registry. Franchise Registry Approved Brands means that the franchisor’s agreement governing the relationship and any related documents must be reviewed. The SBA requires this review to insure the applicant and franchise are eligible for SBA financing. This does not guarantee that a loan will be approved it is only a part of the requirements necessary to apply. Others include:401 k rollovers (Rollovers for Business Start-ups aka ROBS)Unsecured LoansPortfolio LoansEquipment LeasingBuyout of existing franchiseeEquity Partner1031 exchangeCashClick here for a chartCAN I OWN MORE THAN ONE UNIT? AND HOW CAN I BE ASSURED OF FUTURE LOCATIONS?Yes, you may own more than one unit. You may secure additional units by either being a multi-unit operator or an area developer.ARE YOU CURRENTLY LOOKING FOR AREA DEVELOPERS?Yes. An area developer pays a predetermined territory fee to secure protected development rights to a specific geographic area. The area developer and Miami Grill will agree upon the number of units to be developed within the territory and a timetable for opening them.HOW MANY EMPLOYEES DOES IT TAKE TO OPERATE A SINGLE UNIT?Expect to employ between 20 and 25 full and part-time staff members.WHAT MARKETING SUPPORT WILL I RECEIVE GOING FORWARD?Your Miami Grill team will assist you in creating the best local-market opening plan for your restaurant and will work toward "pre-seeding" your market ahead of opening. We believe in community involvement and are committed to giving back to each community we serve. Miami Grill will help you make lasting impressions with civic groups, schools and businesses to set you on the path to success. Support for your location will be provided on an ongoing basis.HOW MUCH MONEY CAN I MAKE?Click this link to Item 19 in FDDDO I NEED RESTAURANT EXPERIENCE?Miami Grill® ’s training and support is an immersion program designed to allow an individual that has no restaurant experience to learn the business. We seek individuals with multi-unit experience. If you have restaurant experience the ramp up time will be quicker. That experience can be a true asset. However, we have franchisees in our system that are doing well with no prior experience. It’s all about passion for the brand and a drive to succeed.WHAT OPPORTUNITIES ARE AVAILABLE?We have territories available throughout the United States and worldwide! Many great regions for multi-unit owners are available. We offer exclusive territories with a 3-5 restaurant deal. We are also seeking Area Developers to assist us in growing larger territories.WHAT ARE THE NEXT STEPS?A franchise is all about relationships. This is a long-term commitment. We will start to explore if we are suited for each other. It’s a mutual due diligence process. Are we right for you and are you right for us? During this time, we get to find this out.It starts with you filling out our initial application and our Non-Disclosure agreement. This allows us to share some proprietary information with you about Miami Grill®. (which does not obligate you or us in anyway).We will then set up a time for discussing this further and answering questions you will have.*As reported in item 19 of our upper quartile units in the 2020 FDD. **As reported by the 27 franchisee-owned restaurants that were open for the entire 2019 and 2020 calendar years.A new franchisee's results may vary from the represented performance. There is no assurance that you will do as well and you must accept that risk. Get Miami Grill DeliveredGet your family’s favorites delivered to your doorstep with Uber Eats or DoorDash. 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