The Cost of Owning a Lizarran Franchise

Having a tapas and draft beer restaurant is undoubtedly profitable. However, it’s hard to perfect a tapas’ authentic flavor. Also, it’s hard to start creating your recipe. If you want to target consumers’ cravings, it’s best to franchise a restaurant with an established menu. One of the best tapas-related franchises to consider is Lizarran. 

Here is what you need to know as a potential Lazarran franchisee. 

Lizarran Franchise Overview

Lizarran is a Spanish tapas and bar restaurant that started in 1988 at Sitges, Spain. Since then, the restaurant built its foundation in Spanish gastronomy, specializing in pinchos. A Spanish pincho is a small bite-size snack that’s usually served on top of the bread. It’s considered a comfort food suitable for varying seasons. 

Consumers can find the food offered by Lizarran in a typical Spanish dinner table setup with a touch of Mediterranean cuisine. In other words, expect authentic flavors. Lizarran started franchising in 1998 and has managed more than 270 units worldwide in 23 years. 

Furthermore, we can enjoy Lizarran’s products in more than 300 establishments throughout Spain and over 13 countries worldwide. Presently, in North America, Lizarran’s master franchisor is the American Franchise Group. 

Lizarran Franchise Offer

The franchisor, American Franchise Group, is looking for franchisees who seek growth within the brand. Furthermore, 30% of Lizarran investors usually open a second location. 

At the moment, the target countries for the Lizarran franchise are the following: 

• United States
• Bulgaria 
• China
• France
• Germany
• Italy
• Norway
• United Kingdom
• Romania
• Spain
• Sweden
• Hungary

The usual target location for Lizarran franchises involves business parks, large cities, and shopping malls.

Training

The initial training includes both theoretical and practical. It represents the Lizarran system. It usually lasts around 20 days between the stages of the franchise, before and after its opening. Each training content depends on the position and functions of each personnel. 

For three months, franchisees are required to train in the franchisor’s “Bar-Escuela,” which directly translates to bar school. It’s a place where the franchisees learn about the brand’s overall system and gain first-hand working experience. Furthermore, the “Operations Department” provides continued support and guidance to franchisees. 

What You Need To Know

Lizarran will provide potential franchisees the following: 

• Franchisee support
• Grand Opening PR
• Local Marketing Consultation
• Graphic Design Services 
• Favorable “Purchasing Power”
• Operations Team for Investors
• Access to Experienced Franchise Organization
• Marketing Tools
• Individual Locations at Webpage

Franchise Financial Assistance 

American Franchisor Group, Lizarran’s master franchisor, is not offering any direct or indirect financial agreement. 

Lizarran Franchise Term Agreement

Lizarran’s franchise agreement has a length of 10 years. An application for an additional ten years is possible as long as franchisees meet the qualifications for renewal. 

Did You Know?

All the technicalities aside, let’s learn more fun facts about Lizarran in this section: 

• Lizarran joined a movement with the platform “Too Good To Go.” It’s a platform that helps the store reduce food waste. At the present time, Lizarran has been fighting food waste for six months. 
• The store has over 200 varieties of pinchos!
• Lizarran is also known as the “craftsman” of Pinchos by its followers. 
• The establishment takes its Pinchos seriously. Last May, Lizarran even had a day dedicated to Pinchos. 

Your Investments

At the moment, the franchisor usually carries out a deep and detailed study of each franchise case. So each potential franchisee will be offered by the franchisor a different Lizarran investment breakdown. It also includes a business plan adapted to each case. 

However, the estimated total investment cost amounts up to $76 000-$171,000. The franchise fee has an estimated price of more than $41,000. Meanwhile, the expected return on investments is around 18 months or more. 

Other Fees

Aside from the initial investment fee, there are other fees you need to worry about. It’s important to look out for additional fees such as, but not limited to, the following: 

• Royalty Payments
• Renovation Costs
• Attorney’s Fees and other Cost

Explore Franchise How for more franchising options.