100 Montaditos FDD Summary
Type of Business
The franchise offered is for the establishment and operation of a modern fast-casual restaurant featuring the décor of a 20th Century Spanish traditional tavern that offers 100 fresh-made varieties of a popular Mediterranean sandwich known as “montaditos” that are best enjoyed over a beer or glass of wine with a group of friends, and also offers an extensive selection of beers, wines and other beverages.
Corporate Information
We were formed in Delaware on December 21, 2009 to offer 100 Montaditos franchises. Our principal business address is 1000 Brickell Avenue, Suite 420, Miami, Florida 33137. We do business under our corporate name and under the name 100 Montaditos. We have offered franchises since 2010. We were formed in Delaware on December 21, 2009 to offer 100 Montaditos franchises. Our principal business address is 1000 Brickell Avenue, Suite 420, Miami, Florida 33137. We do business under our corporate name and under the name 100 Montaditos. We have offered franchises since 2010.
Investment
A single 100 Montaditos restaurant. The total investment necessary to begin operation of a 100 Montaditos franchise is $452,136 to $696,500. This includes $30,000 that must be paid to the franchisor or affiliate. The franchise fee for multiple unit developers is $30,000 for each unit you agree to develop. Multiple 100 Montaditos restaurants. The estimated total investment necessary to begin operation of multiple 100 Montaditos franchises ranges from $467,136 to $831,500 (but can be more if you choose to develop more than 10 units). The initial development fee is $15,000 per 100 Montaditos restaurant authorized for development and is payable and earned when the Development Agreement is signed, whether or not you later open the franchise. If you do open a franchised restaurant, the development fee of $15,000 for the unit is credited against the franchise fee.