Walk-On’s Bistreaux & Bar Franchise AUV, Cost & Stats (2023)
Since it started franchising in 2015, Walk-On’s has expanded aggressively and now has more than 60 sports bars across the US. But if you look closely at the numbers, Walk-On’s isn’t necessarily an affordable franchise either: it costs on average $3.1 million to open a new Walk-On’s Bistreaux & Bar.
So why is Walk-On’s Bistreaux & Bar so popular among franchisees (at least those who can afford it)?
Well the answer, to us, is rather simple: even though it costs $3.1 million to open a new location, one sports bar makes on average a staggering $4.8 million in turnover per year.
In this article we’re looking at Walk-On’s Bistreaux & Bar and its Franchise Disclosure Document to find out how much it (really) costs and how much profits you can realistically make with this franchise. Let’s dive in!
Key stats
| Franchise fee | $60,000 |
| Royalty fee | 5.00% |
| Marketing fee | 4% to 6% |
| Investment (mid-point) | $3,152,000 |
| Average sales | $4,862,000 |
| Sales to investment ratio | 3.0x |
| Minimum net worth | $1,500,000 |
| Minimum liquid capital | $500,000 |
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 | Walk-On's Bistreaux & Bar |
| FRANCHISE FEE | $60,000 |
| ROYALTY FEE | 5.00% |
| INITIAL INVESTMENT | $1,315,000 – $4,989,000 |
| AVERAGE REVENUE | $4,862,000 |
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About Walk-On’s Bistreaux & Bar
Founded in 2003 by Brandon Landry and Jack Warner, Walk-On’s Bistreaux & Bar is a sports bar franchise that stands out with its delicious, Louisiana-style cuisine, including signature salads, seafood, soups, sandwiches, burgers, desserts, tacos, sides and drinks.
In 2015, the restaurant chain started franchising, expanding its locations across the country as its reputation grew. Today, Walk-On’s Bistreaux & Bar operates in 63 locations across 15 US states, of which 60 are franchised-owned.
How much does a Walk-On’s franchise cost?
You would need to invest $3,152,000 to open a Walk-On’s Bistreaux & Bar franchise on average.
Startup costs
Here’s the full breakdown of costs:
| Type of Expenditure | Low | High |
|---|---|---|
| Initial Franchise Fee | $60,000 | $60,000 |
| Formation Costs | $1,024,500 | $4,674,300 |
| Initial Marketing | $25,000 | $25,000 |
| Operating Costs | $205,000 | $230,000 |
| Total | $1,314,500 | $4,989,300 |
What is the franchise fee?
The initial franchise fee for a Walk-On’s Bistreaux & Bar franchise is $60,000
In addition to the initial franchise fee, you must pay to the franchisor a royalty fee of 5.00% of revenues, as well as a variable marketing fee of 4% to 6% of revenues.
What is the revenue of a Walk-On’s franchise?
On average, a Walk-On’s Bistreaux & Bar franchise generates $4,862,000 in revenue per year.
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| Walk-On's Bistreaux & Bar |
| FRANCHISE FEE | $60,000 |
| ROYALTY FEE | 5.00% |
| INITIAL INVESTMENT | $1,315,000 – $4,989,000 |
| AVERAGE REVENUE | $4,862,000 |
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