Squid Lips Franchise FAQ
Below you will find the most frequently asked questions – and the answers – about Squid Lips franchise.
Why own a Squid Lips?
Squid Lips franchisees enjoy the coastal life and all that goes along with it and welcome the opportunity to serve customers who share this passion. If you enjoy great food and a unique and casual environment, then Squid Lips is the perfect place to dine and the perfect place to own with the energy and excitement of a “tourist joint”, but the service and quality of a national chain. Our franchisees combine the local entertainment of live bands, with excellent seafood and a full service bar to create the place that locals go for good food and a good time.
Is there training? Do you provide support?
Squid Lips provides a training and support program to help you every step of the way. It all starts with six weeks of training at our corporate locations for your general manager, front of the house manager and back of the house manager and assistant manager. This initial training occurs 60-75 days prior to the opening of your key management staff through everything they need to run your restaurant. When your store opens we also provide two trainers to assist you at your location for the first week. Training continues with your personal Franchise Business Advisor who works with you step by step on an ongoing basis as well as our support services that provide a weekly review of you business.
Why should I own a Squid Lips franchise?
If you are considering purchasing a Squid Lips franchise then you understand the appeal of a fun coastal themed restaurant and bar that serves great food.. “Where the locals eat” is more than just a slogan for us, it encapsulates the appeal of Squid Lips that is entertaining enough to attract the tourist, and good enough to draw in the locals who return on a regular basis.
Squid Lips is sharing this formula for success with those who recognize the need and the opportunity that it has created. By combining the appeal of a great local bar, with excellent food, Squid Lips is a natural choice.
Extensive menu and recipes
Oak grilled entrees, providing a unique flavor
Great lifestyle business for those who love the waterfront
Systems for someone with no restaurant experience
Wonderful neighborhood meeting place
The ability to be your own boss
How much money can I make?
The Federal Trade Commission regulates what Squid Lips is allowed to disclose to potential franchisees. As you proceed through the process of purchasing your Squid Lip’s business, you will receive the Franchise Disclosure Document (FDD) that details more about the business opportunity. Part of the FDD is an earnings claim that discloses to you what the revenue, food cost and labor costs of our affiliate has been.
Do you offer financing?
Squid Lips does not offer any direct financing but we can recommend some third party financing options for you. We have arrangements with equipment leasing companies with options available to individuals with good credit in many cases. If you have a retirement fund we can also recommend some great programs that allow you to borrow against your retirement fund without paying penalties or taxes.
What do I need to own a Squid Lips franchise?
Live in the city where you want to establish your restaurant
Possess at least $250,000 of working capital with good credit
Have previous restaurant or business experience.
Would you like to learn more?
Simply, complete the Request for Consideration Form. Upon receiving the form we will contact you. Also feel free to contact our franchise department at franchising@SquidLipsGrill.com.