As a privately held, Heritage based Company, Phillips Franchising philosophy is simple…we view our Franchise/License business operators as Partners, and realize the significant investment being made. We value the development and operational expertise our franchisees bring to our expansion of our Namesake Brands in the upscale dining, casual dining and QSR categories.
Mapping a course… A primary objective of our franchising strategy is to find and select proven investor/operators searching for a dynamic franchise investment. The business entity may take various forms, including multi-unit operators, food and facilities management groups and master concessionaires. Strategically, we have elected to expand primarily through multiple development agreements, however single unit development/operation may be offered in some cases.
Franchise agreements consist of:
The number and type of restaurant to be developed in a territory depends on many factors, including the size of the territory and market data. Food & facility groups, travel venues and non-traditional locations may have variations.
*Liquidity & Net Worth Requirements
Full Service (Fine dining & Casual) Liquidity (Range) 800,000 – 2 million NetWorth(Range) 1.5 million- 5.0 million
Express(QSR)Liquidity (Range) 350,000NetWorth(Range) 1 million*Minimum net worth requirements for Area Developers will be reviewed on an individual basis.
*Franchise Fees Phillips Seafood (Fine Dining) 45,000. Phillips Seafood (Casual Dining) 40,000. Phillips Seafood Express (QSR) 30,000. * Development fees also apply for development agreements
Royalty Fee The continuing Royalty fee is 5% of gross sales.
Marketing Requirements Each location contributes 2.0 % of gross sales to support local marketing requirements, and 1.0% of gross sales to the National Marketing Fund.
NOTE: Other costs and fees associated with Franchise development are outlined in the UFOC (Uniform Franchise Offering Circular)/FDD (Franchise Disclosure Document)
If you meet the general qualification outlined here, and would like to learn more about franchising Phillips opportunities please complete and submit this Request for Consideration. Upon review, we may be in contact with you to discuss the details of our franchise program, and receive a full applications inquiry.
All franchising questions should be directed as follows:
Paul Zielinski Director of Development, Strategic Partners & Licensed Concepts Phillips Franchising, LLC
1215 East Fort Ave.Baltimore, MD 21230
Cell: 443.928.7727 Direct: 443.263.1230 Fax: 410.831.8526 email@example.com
Currently, the following states and countries regulate the offer and sale of franchises:
In the U.S.: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin.
International: Australia, Brazil, Canada (Alberta, Ontario and Prince Edward Island only), China, France, Indonesia, Lithuania, Malaysia, Mexico, Romania, Russia, South Korea, and Spain.
If you are a resident of one of these states or countries, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your jurisdiction.