Start a Orion Food Systems Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $60K - $140K

Units as of 2021: 979 2% over 3 years

Company Overview

Orion Food Systems franchises a variety of quick-service brands that place locations within nontraditional locations such as convenience stores, hospitals, colleges, sports arenas, shopping centers, airports and military bases. Brands include Hot Stuff Pizza, Gourmet Grub, Chopz, and Chix Chicken.

About Orion Food Systems

Industry	Food
Related Categories	Miscellaneous Quick-Service Restaurants
Founded	1982
Leadership	Keith Kinsey, CEO
Corporate Address	2930 W. Maple, P.O. Box 85210 Sioux Falls, SD 57118
Social	Facebook, Twitter

Business Overview

Franchising Since	1993 (31 years)
# of employees at HQ	300
Where seeking	This company is offering new franchises throughout the US.
# of Units	979 (as of 2021)

Information for Franchisees

Here's what you need to know if you're interested in opening a Orion Food Systems 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.	$0
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.	$59,500 - $140,000
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.	$100,000
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.	3 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.

In-House Financing	Orion Food Systems offers in-house financing to cover the following: equipment
Third Party Financing	Orion Food Systems has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory

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	45 hours
Classroom Training	9.5 hours
Ongoing Support	Newsletter Toll-Free Line Grand Opening Online Support Security & Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing Support	Ad Templates Regional Advertising 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? 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
# of employees required to run	4-6
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.	No

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Franchise 500 Ranking History

Compare where Orion Food Systems landed on this year's Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Orion Food Systems ranked on other franchise lists? Find out below.

Ranked #1 in Miscellaneous Quick-Service Restaurants in 2022

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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

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Orion Food Systems

Company Overview

About Orion Food Systems

Business Overview

Information for Franchisees

Financial Requirements & Ongoing Fees

Financing Options

Training & Support Offered

Operations

Franchise 500 Ranking History

Additional Rankings

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Related Franchises

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