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Bennigan’s USA Franchise For Sale

USA
Minimum Investment

$200,000

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Established

1976

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Franchise Units

100

payments

Minimum Investment

$200,000

payments

Franchise Fee

$50,000

payments

Total Investment Range

$1,500,000

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Home Based

No

Description

Bennigan’s is a cherished American brand that seamlessly blends the warmth of Irish hospitality with the vibrancy of American casual dining. Since its inception in 1976, Bennigan’s has been a pioneer in the full-service restaurant industry, known for its chef-driven, made-from-scratch menu and a lively, welcoming atmosphere. Signature dishes like the World Famous Monte Cristo™ sandwich and a robust selection of beverages have solidified its place in the hearts of diners across the nation.

Under the stewardship of Legendary Restaurant Brands, Bennigan’s has undergone a remarkable resurgence, expanding its footprint and revitalizing its brand to meet the evolving tastes and preferences of today’s consumers. With a rich legacy and a forward-thinking approach, Bennigan’s offers a compelling franchise opportunity for entrepreneurs seeking to invest in a proven and beloved brand.

Why Invest in this Franchise?

  • Proven Brand Legacy: Benefit from a brand with decades of recognition and loyalty.

  • Diverse Franchise Models: Choose between traditional full-service restaurants and the innovative Bennigan’s On The Fly concept, catering to various market needs.

  • Comprehensive Support: Receive extensive training, marketing, and operational support to ensure your success.

  • Scalable Opportunities: Engage in single-unit or multi-unit development, with master franchise options available.

  • Community Integration: Establish a presence in underserved markets, fostering strong community ties and brand loyalty.


Background

1. Established Year:
Bennigan’s was founded in 1976 in Atlanta, Georgia. It emerged during the rise of casual dining in the U.S., offering a blend of American and Irish-inspired cuisine in a relaxed, full-service restaurant environment.

2. Founder:
The brand was created by Norman E. Brinker, a renowned restaurateur who played a pivotal role in shaping the American casual dining landscape. Brinker also contributed to the growth of several other major restaurant chains, bringing his vision of high-quality food, friendly service, and a lively dining experience to Bennigan’s.

3. Brand Journey & History:

  • Growth and Expansion: Bennigan’s quickly became known for its signature menu items, including the World Famous Monte Cristo™ Sandwich and a variety of appetizers and beverages. The brand expanded aggressively across the U.S. during the 1980s and 1990s.

  • Challenges: In 2008, Bennigan’s faced bankruptcy due to financial mismanagement and changes in consumer dining habits. Several locations closed, and the brand underwent restructuring.

  • Revival: In 2015, Legendary Restaurant Brands, led by CEO Paul Mangiamele, acquired Bennigan’s. The company embarked on a brand resurrection, modernizing its menu, updating restaurant designs, and relaunching franchise opportunities. Today, Bennigan’s is experiencing steady growth and renewed popularity.

4. Ownership:
Bennigan’s is currently owned by Legendary Restaurant Brands, which also manages sister concepts like Steak & Ale and Bennigan’s On The Fly. This parent company provides centralized support for franchisees, ensuring brand consistency and operational excellence.

5. Market Presence in the USA:

  • Over 100 locations across the United States, primarily in urban and suburban areas.

  • Strong recognition as a casual dining staple, appealing to families, professionals, and social diners.

  • The brand’s revival strategy focuses on both traditional full-service restaurants and fast-casual formats to capture evolving market trends.

6. Industry Category:
Bennigan’s operates in the full-service casual dining segment, competing with brands like TGI Friday’s, Applebee’s, and Chili’s. The focus is on quality, made-from-scratch menu items, vibrant atmosphere, and engaging customer experience.

7. Other Information:

  • Bennigan’s emphasizes community involvement, including local events and charitable initiatives.

  • The brand has a franchise-friendly model, offering opportunities for single-unit, multi-unit, and master franchise development.

  • Its revival and innovation approach positions Bennigan’s as a franchise with both historical recognition and modern growth potential.


Support Training

Bennigan’s is committed to equipping its franchisees with the tools and knowledge necessary for success:

  • Pre-Opening Assistance: Comprehensive site selection support, lease negotiation guidance, and restaurant setup assistance.

  • Training Programs: An intensive 45-day training regimen, including on-site instruction and a two-week employee training period, ensuring all staff are well-prepared for operations.

  • Ongoing Operational Support: Continuous field support, regular operational audits, and access to Bennigan’s University, an online resource for training and development.

  • Marketing & Technology: Robust marketing programs, including neighborhood marketing initiatives, social media strategies, and technology solutions to streamline operations.


Ideal Candidate

Bennigan’s seeks franchisees who are not just investors but passionate partners committed to the brand’s success. The ideal candidate possesses a combination of business acumen, financial capability, and personal drive to operate a full-service casual dining restaurant.

1. Experience and Background

  • Hospitality or Foodservice Experience: Candidates with prior experience in restaurants, hospitality management, or franchise operations are highly desirable.

  • Management Skills: Proven ability to manage staff, oversee daily operations, and maintain high-quality service standards.

  • Entrepreneurial Mindset: Willingness to take ownership of the business, make strategic decisions, and implement best practices effectively.

2. Financial Capability

  • Minimum Liquid Capital: $200,000 (for single-unit franchise).

  • Minimum Net Worth: $2,000,000.

  • Investment Readiness: Ability to handle initial investment, operational costs, and potential expansion.

  • Multi-Unit or Master Franchise Opportunities: Higher financial thresholds apply, reflecting larger territories or multiple restaurant development.

3. Commitment and Involvement

  • Active Engagement: Ideal franchisees are hands-on, involved in day-to-day operations to ensure consistent quality and guest satisfaction.

  • Long-Term Vision: Willing to commit to the brand for the long term, with the goal of building a successful and sustainable business.

4. Personal Attributes

  • Passion for Food and Service: Genuine enthusiasm for delivering a high-quality dining experience and engaging with guests.

  • Leadership Skills: Ability to motivate and manage a team effectively, fostering a positive work culture.

  • Adaptability and Resilience: Comfortable navigating the challenges of running a restaurant and adapting to market trends.

5. Location Preference

  • Community-Oriented: Preference for individuals who wish to integrate into and contribute to the local community, enhancing the brand’s reputation.

  • Market Knowledge: Awareness of local dining trends and demographics to strategically position the restaurant for success.

6. Other Considerations

  • Brand Alignment: Franchisees must align with Bennigan’s values and commitment to quality, hospitality, and customer satisfaction.

  • Growth Potential: Candidates interested in multi-unit expansion or master franchise agreements are encouraged to apply, particularly in underserved markets.


Financial Detail

Financial ItemDetails / Estimated Range
Franchise Fee$50,000
Total Investment Required$750,000 – $1,500,000 (depends on location, size, and build-out specifications)
Minimum Liquid Capital$200,000
Minimum Net Worth Requirement$2,000,000
Royalty Fee5% of gross sales
Marketing Fund Contribution1% of gross sales
Build-Out / Infrastructure Cost$220 – $250 per square foot (excluding land costs)
Working Capital Requirement$75,000 – $100,000 (for initial operations and staffing)
Franchise Units (U.S.)100+ locations
Expected ROI15% – 25% annual ROI depending on location and management
Break-Even Time2 – 3 years on average
Potential Revenue StreamsDine-in services, takeout & delivery, catering, private events, alcohol sales
Master Franchise / Multi-Unit FeesArea development fees: $50,000+; Master franchise agreements: $200,000 – $1,000,000 depending on territory size
Employee Requirements40 – 50 full-time and part-time staff per location



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