Our team has worked extremely hard to create a system for UNDER500 that can be easily scaled and replicated across the nation. We have addressed all areas of the UNDER500 business model – site selection, supply chain, cost control, build-out timing, marketing and buzz creation – to ensure that each market across the country can be easily opened, rapidly grown, and successfully and profitably operated. Our goal is to expand throughout the country by teaming with passionate partners who share in our mission to establish UNDER500 as the most convenient destination for healthy meals and snacks, served quickly while maintaining the highest quality of service and style.
Frequently Asked Questions
What is Under 500 franchise?
UNDER500® opened its first store in Dubai in Spring 2016 and has since signed over 28 units across the GCC & UK, with more locations set to open in 2018.
The brand is a healthy concept that o ers a wide variety of wholesome and delicious options nutritionally balanced UNDER500® calories. Merging worldwide tastes & trends to create a fast casual environment for today`s ever busy professionals & health conscious.
The size of a typical UNDER500® outlet is between 700 sq. feet and 1,500 sq. feet. UNDER500® serves multicultural middle to high-end income customers with a flow of 100 to 200 orders per day
How much does the franchise cost?
The initial investment for an individual UNDER500® outlet ranges from $250,000 to $350,000 this includes Franchise Fee, 6 months rental, working capital, training and others.
How much does the franchise cost?
Based on the level of support UNDER500® intends to provide to its franchisees, the Franchise Fee for a Startup Franchise (Individual) is $25,000
The Franchise Fee schedule for an Area Development:
How much is the fee for continuing support services “Royalty Fee”?
The continuing services, or “royalty fee,” is 6% of your gross sales and is paid monthly. This fee entitles you to use the UNDER500® service mark, use of distinctive system, marketing assistance, ongoing business development and counseling, and other benefits that come with being an UNDER500® franchisee.
Will I have an exclusive territory?
UNDER500® grants an exclusive territory for a minimum of 5 outlets and agreed upon case-by-case basis.
What about advertising?
The UNDER500® name and reputation is an important part of our business. You will spend at least 2% of your gross sales per month on local advertising. In addition, if we should establish fees for a Marketing Fund, you will be expected to make Marketing Fund contributions of up to 1.5% of your monthly gross sales.
How much training is provided in the UNDER500® system?
UNDER500® Management will provide area developers franchisees with approximately 14 to 21 days of initial training at UNDER500® headquarters or at a location designated by the UNDER500® Management, beginning approximately 6 to 9 weeks before the franchisee is scheduled to open for business.
Phase I – Instruction will pertain to administrative, operational, and sales/marketing matters; it will also include a liberal amount of on-the-job training. This training will be provided for the franchisee and one (1) to two (2) designated attendees.
Phase II – On-site training typically takes place when the franchisee commences operations. Experienced trainers from UNDER500® will provide on-site training for a period of 10 to 14 days to assist the franchisee in the commencement of operations.
What is the term of the UNDER500® Franchise Agreement?
The initial term of the Franchise Agreement is five years from the date the Franchise Agreement is signed. The franchise is renewable for four additional terms of five years each, providing you have complied with the provisions of the Franchise Agreement.
What are the Support Systems provided by UNDER500®?
In addition to field support, members of UNDER500® organization will provide the services listed below:
Operational Support – UNDER500® Management will provide ongoing training and support in many areas critical to the success of the franchisee’s business, including unit operations and maintenance, customer-service techniques, product ordering, suggested pricing guidelines, and administrative procedures.
Site Selection – Prior to approving a site for UNDER500® outlet, UNDER500® Management will provide franchisees with clear guidelines for a suitable location. UNDER500® will require franchisees to follow these instructions to ensure that an appropriate site is located.
Marketing Support – UNDER500® Management coordinates development of advertising materials and strategies for the benefit of all members of the franchise network. It should also supply franchisees with consumer marketing plans and materials for use at the local or regional level, and retains the right to approve all local advertising materials that the franchisee chooses to develop.
Purchasing – UNDER500® Management or its aliate will negotiate quantity discounts on behalf of all of its members, passing some or all of these savings on to the franchisees.
Accounting/Audit/Legal – Reporting directly to administration, this department is responsible for the financial and legal oversight of franchisees.
Internal Support – The functional areas of training, purchasing, franchisee communications, and research and development are typically included in such a department.
Ongoing Research and Development – UNDER500® Management continues to research methods and techniques for franchise operations (including purchasing and promotional schemes) that enhance unit-level profitability.
Overall Program Oversight – UNDER500® Management provides the overall coordination and planning for the UNDER500® franchise system.