Start a Black Rock Bar & Grill Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $1.5M - $3M

Units as of 2021: 16 23.1% over 3 years

The Black Rock Bar & Grill is a novel culinary experience founded on the love of food, family recipes, and hot volcanic rock. Founded by Lonny Morganroth in 2010, the primary offerings have grown to include a range of culinary offerings.

Customers can now order various appetizers, fresh salads, burger creations, and land and sea offerings. Their signature dining experience is the sizzling black rock items served on a 755 degree volcanic stone. They specialize in the certified Angus beef steaks served on this hot rock.

Customers may quench their thirst with the Black Rock Bar & Grill's 15+ craft beers on tap, signature cocktails, and wines. Since beginning to franchise in 2014, Black Rock Bar & Grill has expanded from its home state of Michigan into Ohio, Florida, and more.

Why You May Want to Start a Black Rock Bar & Grill Franchise

If you are a hardworking and dedicated person passionate about providing unique culinary experiences, then opening a Black Rock Bar & Grill franchise may be for you. This franchise may be ideal for people who believe in the value of community and providing a quality dining experience to them.

Opening a Black Rock Bar & Grill franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

What Might Make a Black Rock Bar & Grill Franchise a Good Choice?

The Black Rock Bar & Grill business model allows the customer to do the cooking to their satisfaction on a 755 degree volcanic stone at their table. There may be fewer food rejections this way. Also, this model may allow the franchisee to keep a lean kitchen staff, potentially resulting in lower overhead costs.

To be part of the Black Rock Bar & Grill team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

How to Open a Black Rock Bar & Grill Franchise

As you decide if opening a Black Rock Bar & Grill franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Black Rock Bar & Grill franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

Before making any financial commitment or signing an agreement, it is crucial that you perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Black Rock Bar & Grill franchising team questions.

As a Black Rock Bar & Grill franchisee, you will receive a turnkey business model that may set you off on the right foot.

Company Overview

About Black Rock Bar & Grill

Industry	Food
Related Categories	Miscellaneous Full-Service Restaurants, Seafood Restaurants, Steakhouses
Founded	2010
Leadership	Lonny Morganroth, CEO
Corporate Address	30553 S. Wixom Rd., #300 Wixom, MI 48393
Social	Facebook, Twitter, Instagram

Business Overview

Franchising Since	2014 (10 years)
# of employees at HQ	12
Where seeking	This company is offering new franchises throughout the US. This company is offering new franchises worldwide.
# of Units	16 (as of 2021)

Information for Franchisees

Here's what you need to know if you're interested in opening a Black Rock Bar & Grill franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$50,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$1,519,940 - $2,957,625
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$3,000,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$300,000
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	4%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	1%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	20 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	Black Rock Bar & Grill has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	163 hours
Classroom Training	43 hours
Ongoing Support	Purchasing Co-ops Newsletter Meetings & Conventions Toll-Free Line Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates National Media Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	Yes
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes