Currently, we are only looking for Franchise Partners who are interested in multi-restaurant development and meet our qualifications. To be considered as a potential Chili’s® Grill & Bar Domestic franchise candidate, you must meet the following qualifications:
Minimum 5 years experience in casual dining (or fast casual) as owner/operator.
Minimum 5 restaurants owned.
Minimum fixed charge coverage of 1.35x on a unit level basis.
Maximum debt to cash flow less than or equal to 8.0x.
Minimum total equity greater than or equal to 20%.
Minimum net worth greater than or equal to $500K per acquired restaurant.
Minimum liquidity greater than or equal to $400K per restaurant to be developed (i.e. cash reserves).
An infrastructure dedicated to the development of our brand.
Local knowledge and expertise in the areas of consumer preferences, real estate, government regulations, labor, and distribution issues.
Access to adequate capital, such that losses are sustainable for 2-3 year period while continuing to develop additional units.
If you have a specific site you think may be of interest to Brinker for our development or development by an existing franchisee, please contact the Brinker Real Estate Department at: RealEstate.Inquiries@Brinker.com