Our requirements for selecting new partners are rigorous and difficult to meet. Here's the criteria we have found to be successful:
- Successful & profitable business operation
- Full-time founder involvement
- Passion and vision for the future
- Unique point-of-difference
- Limited operating region (< 25 units)
- Targeted user group
- Strong brand and value proposition
- Simple, replicable operating model
- Potential synergy with Franchise Sherpas portfolio
- Individual unit economics:
- Annual revenue > $200k
- Annual owner compensation > $50k
- Initial capital investment < $400k
- Payback < 2 years