Are you wondering if Jack in the Box is going to open locations in the state of Florida?
At Jack in the Box, this is one of the most common questions we receive on a regular basis.
In this article, we’ll take a look at the cities Jack in the Box is targeting in Florida and how you can get involved.
Does Jack in the Box Have Locations in Florida?
As of September 2022, Jack in the Box doesn’t have any restaurants in the state of Florida. But this could change soon.
We’re looking for franchise partners to expand our footprint across the United States of America and this includes Florida.
Our franchise development team is primarily interested in the following markets:
- Port St. Lucie
- Cape Coral
- Fort Lauderdale
- Pembroke Pines
- Coral Springs
- Palm Bay
- West Palm Beach
- Pompano Beach
- Miami Gardens
- Boca Raton
- Palm Coast
- Deerfield Beach
- Fort Myers
These cities meet most of our site requirements and should be a good fit for Jack in the Box based on our Real Estate Planning Software.
If you’re interested in a market that isn’t listed above, please reach out to our team and we will take a deeper look into your preferred location.
What Are the Requirements to Open a Jack in the Box?
If you’re interested in bringing our craveable menu to the state of Florida, you’ll need to meet the following business and financial requirements.
Our ideal candidate is someone with…
- Strong Business Acumen
- Restaurant Experience (Preferred Not Required)
- Passion for Jack in the Box
- Ability to Meet Financial Requirements
- Commitment to Follow Brand Guidelines & Standards
- An Entrepreneurial Spirit
All our potential franchisees must meet the following financial requirements…
- Minimum Liquidity: $500,000
- Minimum Net Worth: $1.0MM
- Franchise Fee: $50k per Location
You’ll also be responsible for paying the ongoing royalty fees below…
- 5% Royalty of Gross Sales
- 5% Marketing Fee of Gross Sales
These royalties ensure you have the best possible resources to run your business and bring customers to your location.
How Much Does a Jack in the Box Franchise Cost?
The estimated initial investment for a Jack in the Box Franchise is $1,765,500 - $2,761,600 excluding land, financing, and certain other costs. We provide a breakdown of this number in our Item 7 found in our Franchise Disclosure Document.
Your initial investment includes virtually everything it takes to start a new restaurant:
- One-time initial franchise fee, up to $50k
- Building improvements, up to $785k
- Initial inventory, up to $20k
- Three months of operating funds
These initial investment figures are based on Company-developed restaurant costs to open MK9 and MK10 prototypical buildings in fiscal years 2017 to 2019.
The cost of land will vary widely, depending upon size and location of the property and whether you purchase/own the land or enter into a lease arrangement.
Check Out These Additional Resources
We hope this article gave you a better understanding of how Jack in the Box plans on expanding into the sunshine state of Florida.
At Jack in the Box, we work with our franchisees every step of the way in order to get their restaurants up and running.
Here are some additional online resources you may like to check out:
To see the full list of our available markets, please click here.