5 & Diner
5 & Diner is a 50’s style family restaurant that is known for quality food, value pricing, and an atmosphere that takes people back to a time when life was much simpler. These are free standing, highly conceptually designed stores. They are fun, comfortable, and easygoing restaurants, like the personalities of their customers. Their concept is more than just a 50’s-style diner with 12 signature burgers. They are also a family destination, complete with a full menu featuring breakfast, lunch, and dinner.
BACKGROUND:
Year Established: 1989
Year First Franchised: 1991
Franchised Units: 18 with 13 more under contract and 2 under construction
Company Owned Units: 1
Projected New Units (12 Months): 7
Registered: All States
( Currently accepting broker referrals from all states.)
FINANCIAL/TERMS:
Cash Investment: $300K
Total Investment: $1.1M plus cost of land
Minimum Net Worth: $1.5M
Franchise Fee: $35K
Royalty: 5%
Ad: 2% (Only taking $70 per week at present)
Average Number Of Employees: 50
Passive Ownership: Yes, with approval
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