Company Information
Employment
Investor Relations
Corporate Governance
Franchising
Franchising: Domestic Franchising
Franchising: International Franchising
Franchising: FAQs
Franchising: Request for Consideration
 
 
Qualifications   |   Approval Process   |   Support   |   Opportunities
Domestic Franchise Qualifications and Approval System 
Preferred Criteria:
  • 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)
Required Documentation and Procedures:
  • Completed franchise application
  • Most recent two years' financial statements (balance sheet, income statement, and cash flow statement, including principal payments on long-term payables) for persons and legal entities *
  • Credit, business and personal references
  • Balance sheet, P&L, cash flow statement per existing unit
  • Personal guaranty
  • Comprehensive detailed business plan for 1-5 years out
  • Satisfactory pro-forma P&L for first Chili's unit and satisfactory unit level profitability for Chili's restaurants within country/territory
  • Satisfactory visit(s) by franchise operations director or other Brinker representative to assess existing restaurant operations
  • Presentation by franchise partner with Q&A session at Brinker headquarters with Brinker "Executive Committee"
  • Approval sign-off by Brinker Executive Committee
Franchise Partner Profile:
  • Have a proven track record of aggressively developing multi-unit restaurant systems
  • Have an infrastructure dedicated to the development of our brand
  • Have local knowledge and expertise in the areas of consumer preferences, real estate, government regulations, labor, and distribution issues
  • Have access to adequate capital, such that losses sustainable for 2-3 year period while continuing to develop additional units
  • Philosophically aligned
*Corporate candidates provide audited Financial Statements for most recent fiscal year and 2 years previous. All others provide Financial Statements certified to be complete and correct by chief financial or comparable officer.

Learn the answers to your questions about Brinker Franchise Qualifications by visiting our FAQs Page >>
 
NEWS | GIFT CARDS | CONTACT US | BRINKER HOME