Ever wanted to make a toston burger for your crew? A pastelito-cradled patty for your people? If you can cobble together a couple hundred thousand dollars, you can become one of Pincho Factory's first franchisees.
Nedal Ahmad's humble burger and pincho place has been on somewhat of a tear over the past couple of years. There are now three restaurants: one near FIU, one in Coral Gables, and the newest under construction in Hialeah. With franchising, many more could be on the way.
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For months, Ahmad says, he's been working on building out a model in hopes of growing the business throughout South Florida. But why would Ahmad -- whose burgers swap buns for guava-dripping pastelitos -- want to fast-foodify his business? "Raising money to open more stores ourselves would be easy in some aspects, but there's still the actual operational challenges," he says.
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He estimates the cost of opening one between $300,000 and $400,000, including a $20,000 fee, a portion of which would be donated to Feeding South Florida. Ahmad says he's already in talks with a handful of potential franchisees, including one company already operating about 30 restaurants in South Florida.
But what about the soul-crushing repetitiveness the franchise model enforces as a way to ensure consistency and profitability? Ahmad says he hopes to keep a "culture of creativity" in the franchises that would allow new dishes to be created. Let's hope he's right.