Central Park seeks individuals with prior restaurant experience that
are willing to take an Owner/Operator role in the business.
1. What is the average development fee for a new Central Park Restaurant?
The average development cost is between $287,000 - $418,000. Many variables enter into this cost.
2. What kind of fees does Central Park charge?
For details regarding fees, please call Dan Farrell, Director of Franchise Development.
3. Can I build a Central Park Restaurant anywhere I want?
Central Park has a site selection process that will help you determine if the location you have in mind will be a good site for a Central Park Restaurant. Central Park will assist you in selecting a location if you do not already have one in mind.
4. If I already own my land, would Central Park be interested in buying it?
Central Park does not normally purchase land to develop new locations.
We would; however, be happy to review any information you may have
on your property and let you know if it meets our basic site criteria.
5. How much can I expect to make owning a Central Park Restaurant?
Central Park includes financial information in the Uniform Franchise Offering Circular
that is provided to each prospective franchisee. Central Park also encourages potential
franchisees to contact existing franchisees to gather more information regarding
6. What do I do about buying equipment?
Central Park has approved vendors that supply our complete equipment package. The cost of these items is the same for everyone with the only variable being freight to your particular destination.
7. How much experience do I need?
Central Park has a training program that is designed to teach you everything you need to know about running a Central Park Restaurant. While it can be an advantage to have prior food service experience, many of our most successful franchisees came to us with no prior restaurant experience at all.
8. Does Central Park grant protective territories?
Central Park does have an Area Development Agreement that can be
purchased, if an individual is interested in developing three or more units.
The single unit Franchise Agreement does not stipulate a protected territory,
however, Central Park does an in-depth market analysis before any new units
are built in an established area. This market analysis is done to help ensure
that a newly developed unit will not adversely effect the sales of an already
9. Is there any charge for training?
Central Park does not charge for either the four-week initial training in
Chattanooga or the follow-up on site assistance provided after opening.
The cost of this support is included in the initial franchise fee.
The franchisee is responsible for expenses associated with travel, motel, and meals, etc
10. Does Central Park offer financial assistance?
Central Park does not offer any financing. We are; however, familiar with
a number of qualified lenders - both conventional and SBA - and can help
guide you to someone who can handle those issues for you.
11. Who do I purchase my food from?
Central Park has approved regional distributors that will deliver to you all the approved products. The cost of these products is the same for everyone. With the exception of bread (which is purchased from a locally approved bakery) your distributor will deliver to you everything you need to operate your Central Park Restaurant.
12. What kind of ongoing support does Central Park offer?
Central Park offers its franchisees continuous support at no charge.
Our Franchise Field Consultant program is designed to provide each
franchisee with on-site support on a regular basis. There is also support
available from the corporate office in the areas of marketing, purchasing
and cost analysis.
13. Do I have to be actively involved in the business day-to-day?
Central Park is looking for owner operators who are willing to actively
manage their business everyday. We have found that the most successful
franchisees are the ones who have made a full commitment to making sure
their customers receive the best service and the best product possible.
14. Can I build my own building?
Under normal circumstances Central Park does not allow franchisees
to build a new Central Park Restaurant from the ground up. We have
found that the modular building program that is currently being used
is more economical and ensures that the building a franchisee receives
is the best one suited to their needs.
15. How long does it take to get approval from Central Park?
The normal approval process will take from 30 to 90 days.
This approval process starts with the completion of the financial
and personal information forms that Central Park provides with the
initial franchise information packet.
16. How long does it take to build a Central Park?
Many variables effect the construction time of any project, including
weather conditions and the quality of the construction company performing
the work. The average construction time for a Central Park development
runs from six to ten weeks.