Savvy Sliders Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$35,000
Investment required
$411,000 - $965,000
Royalty fee
5% - 6%

Savvy Sliders: Revolutionizing the Gourmet Slider Experience

Savvy Sliders is a rapidly growing franchise specializing in gourmet sliders and hand-breaded chicken fingers. Founded in 2018 in Michigan, Savvy Sliders has quickly expanded due to its unique approach to fast food, focusing on high-quality ingredients and fresh preparation.

The brand is headquartered in Farmington Hills, Michigan, and began franchising in 2019, offering potential franchisees the opportunity to join a dynamic and expanding brand.

What sets Savvy Sliders apart is its commitment to quality and freshness. The franchise prides itself on using 100% Angus beef that is never frozen, ensuring that every slider is made fresh to order.

In addition to their sliders, Savvy Sliders offers a range of menu items, including hand-spun custard shakes and marinated chicken fingers, all crafted with a focus on taste and quality. 

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $35,000
Grand Opening Advertising $15,000
Site Selection and Lease Review and Negotiation $1,000 to $7,500
Initial Lease Payments $2,000 to $22,500
Leasehold Improvements $75,000 to $350,000
Equipment, Fixtures, Furniture, and Signs $241,000 to $460,000
Initial Inventory and Operating Supplies $25,000
Miscellaneous Travel and Living Expenses while Training $2,500 to $10,000
Insurance $2,500 to $10,000
Miscellaneous Pre-opening Expenses $2,000 to $5,000
Additional Funds (three months) $10,000 to $25,000
TOTALS $411,000 to $965,000

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Number of units

2024
Franchised units

10

21

29

Company-owned units

0

0

0

Total units

10

21

29

Franchise Disclosure Document

Training 

Savvy Sliders provides comprehensive training for its franchisees to ensure they are well-prepared to operate their locations successfully. 

  1. Operational Procedures Training: This program covers all aspects of daily operations, including product preparation, customer service, and maintaining brand standards to ensure consistency and quality across all locations.
  2. Marketing Strategies Training: Franchisees receive training on effective marketing techniques tailored to the Savvy Sliders brand, helping them attract and retain customers in their local markets.
  3. Business Management Training: This program focuses on essential business management skills, including financial management, inventory control, and staff management, to help franchisees run their businesses efficiently.
  4. Ongoing Support and Proprietary Training: Savvy Sliders offers continuous support through proprietary training programs and demographic research, enabling franchisees to adapt to market changes and optimize their business strategies.

Territory Protection

Savvy Sliders franchise offers territory protection to its franchisees, ensuring that they have a defined area where no other franchisee can operate. This territorial exclusivity is designed to prevent market saturation and allows franchisees to grow their business without direct competition from other Savvy Sliders locations. 

This protection is typically outlined in the Franchise Disclosure Document (FDD), detailing the specific geographical area covered.

The territory protection provided by Savvy Sliders helps franchisees focus on developing their market without the fear of overlapping territories. This exclusivity can enhance the potential for success by ensuring that each franchisee has ample opportunity to attract and retain customers in their designated area.

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