How much money can I make owning a Hotshots Franchise?
We provide some necessary financial operating information in our Franchise Disclosure Document (FDD). You will be provided with an FDD after receipt of a full application.
Do I need restaurant operating experience to own a Hotshots Sports Bar and Grill?
No restaurant experience is required. In other words, our training program and continued support will provide you with the knowledge needed to run and operate a Hotshots Sports Bar and Grill successfully.
What is the process to become a Hotshots Sports Bar and Grill franchise?
Your first step is to submit the franchise information request form found on this website. Once that has been received, we will contact you to have an initial discussion and determine if you meet our primary requirements. Assuming you qualify, we’ll schedule a Discovery Day held in St. Louis, MO.
During Discovery Day, you will meet with our corporate team, and we’ll discuss all aspects of owning a Hotshots Sports Bar and Grill.
After the Discovery Day, if we feel we are both a good fit for one another, we will send you our FDD. Upon reviewing the Franchise Agreement, we’ll be ready to complete essential documents and move forward.
What is the term of my franchise agreement?
The initial term agreement is for ten years. After that, you can renew in ten-year increments according to the Franchise Agreement and lease availability.
Will my territory be protected?
We grant each franchisee a territory protected by us, establishing other traditional restaurant locations.
Does Hotshots Sports Bar and Grill help with site selection?
We will work with you in your search for an available site with our National Real Estate team. If needed, we may engage a local broker who is familiar with the market. Our team will also do a complete demographic and market analysis. We will then submit Letters of Intent (LOI) and negotiate the main business deal point.
The last step will be you and your attorney finalizing the lease with the landlord.
What is the total investment for a Hotshots Sports Bar and Grill?
Investments vary, depending on the size, location, market, and on other factors such as whether it’s a free-standing building or a strip center location. We estimate that your initial investment will be between $475,500 and $907,000. In cases of new construction of a free-building, the cost will be between $375,500 and $557,000, plus real estate and construction.
What type of training will I receive as a Hotshots Sports Bar and Grill franchise?
Each franchisee and managers receive an in-depth six week minimum on hands training at our corporate facilities located in St. Louis, MO. Franchisee’s and managers will learn every aspect of operating a Hotshots Sports Bar and Grill. Upon the opening of your franchise location, we’ll send you a training team for a week to ensure the site is up and operating correctly. Our team consists of all departments of the business, including managers, cooks, waitresses, bartenders, and greeters.
What is the Royalty Fee and Advertising Fee for a Hotshots Sports Bar and Grill?
The Royalty Fee is 6% of Gross Sales, and the Advertising Fee is 2% of Gross Sales.
What Territories are available to open a Hotshots Sports Bar and Grill?
Hotshots Sports Bar and Grill is a St. Louis based company and is currently expanding in the central and southern parts of the United States. Want to learn more about our available territories? Contact us today!