Start a Planet Grilled Cheese Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $200K - $515K

Units as of 2020: 6 500.0% over 3 years

Planet Grilled Cheese is a fast food restaurant company with a menu that features various grilled cheese courses. You can enjoy grilled mozzarella and/or cheddar sandwiches filled with chicken or bacon. There are also organic tomato soup, fries, kids' meals, and more available for people who want things besides grilled cheese. You can also quench your thirst by ordering natural smoothies, frosted lemonades, or other types of beverages--all of which have their own selection of flavors.

Planet Grilled Cheese officially entered the food industry in 2016 in Florida. Starting with only a single food truck, the company managed to open its first location in the Lakeland Square Mall later in 2016. Planet Grilled Cheese claims that its ability to serve fresh, crispy, and cheesy made-to-order grilled cheese sandwiches is the key to the company's success

Planet Grilled Cheese began franchising in 2018 and has opened several locations.

Why You May Want to Start a Planet Grilled Cheese Franchise

There's something for everyone at Planet Grilled Cheese, from the classic yet straightforward "plain" to the "meat lovers" for those with great appetites. They also offer "turkey & bacon chipotle" for those who want a little kick.

Planet Grilled Cheese may be a good choice for franchisees who have a strong desire to own a family-oriented restaurant. If you aren't particularly confident in your own recipes or don't have any experience in the food business, rest assured: trusting Planet Grilled Cheese to help you serve grilled cheese sandwiches could be the way to go.

Opening a Planet Grilled Cheese 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 Planet Grilled Cheese Franchise a Good Choice?

Providing grilled cheese sandwiches at family affordable prices without sacrificing quality is one of Planet Grilled Cheese's strong points. Fast food restaurants focusing on grilled cheese sandwiches are not super common either, so franchisees may offer customers a niche in the food market.

With the modern cooking equipment, you can serve customers quickly. This may be seen in making three grilled cheese sandwiches at a time in less than one minute. Customers can also do a custom order, altering the bread, cheese, and toppings they wish to have on their sandwich.

How To Open a Planet Grilled Cheese Franchise

To be part of the Planet Grilled Cheese 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 royalty and advertising fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

Once you become a Planet Grilled Cheese franchisee, the company offers a considerable amount of support. This support will include marketing, location finding, several days of training, and a grand opening. If you still have any doubt, it's best to prepare some questions to ask the company or experienced franchisees.

Company Overview

About Planet Grilled Cheese

Industry	Food
Related Categories	Miscellaneous Sandwiches, Sandwiches
Founded	2016
Parent Company	Frenchies Touch LLC
Leadership	Laury Labussiere, CEO & Franchise Development Director
Corporate Address	8440 Montravail Cir., #438 Temple Terrace, FL 33637
Social	Facebook, Twitter, LinkedIn, Instagram

Business Overview

Franchising Since	2018 (6 years)
# of employees at HQ	3
Where seeking	This company is offering new franchises in the following US states:
# of Units	6 (as of 2020)

Information for Franchisees

Here's what you need to know if you're interested in opening a Planet Grilled Cheese 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.	$30,000
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.	$200,000 - $515,000
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 - $1,000,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$100,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	15% off franchise fee
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.	6%
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.	10 years
Is franchise term renewable?	Yes

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	100 hours
Classroom Training	5 hours
Ongoing Support	Newsletter Meetings & Conventions Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Franchisee Intranet Platform
Marketing Support	Ad Templates Regional Advertising Social Media Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
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