Virgin Island Thyme

Caribbean food and beverages
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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$286K - $446K
Units as of 2024
1 Increase 0.0% over 3 years

Company Overview

About Virgin Island Thyme

Industry Food
Related Categories Miscellaneous Quick-Service Restaurants
Founded 2017
Parent Company VLMJ Franchising Inc
Leadership Vern Thomas, President
Corporate Address 457 Avalon Park South Blvd. #600
Orlando, FL 32828
Social Facebook, LinkedIn, Instagram, TikTok

Business Overview

Franchising Since 2024 (0 years)
# of employees at HQ 10
Where seeking

This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Missouri, Mississippi, Montana, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Vermont, West Virginia, Wyoming

# of Units 1 (as of 2024)

Information for Franchisees

Here's what you need to know if you're interested in opening a Virgin Island Thyme 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 Information Circle
$40,000
Initial Investment Information Circle
$285,500 - $446,250
Net Worth Requirement Information Circle
$150,000
Cash Requirement Information Circle
$100,000
Royalty Fee Information Circle
4%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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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 Virgin Island Thyme 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 21 hours
Classroom Training 12 hours
Ongoing Support
Purchasing Co-ops
Meetings & Conventions
Grand Opening
Security & Safety Procedures
Field Operations
Site Selection
Marketing Support
Ad Templates
Social Media
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? Information Circle
No
Can this franchise be run part time? Information Circle
Yes
Are exclusive territories available? Information Circle
No
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022