Red

Source: File #1998075042

FDD Issued: Mar 27, 2015

Extracted: Feb 13, 2026

Franchisor Details

Name: Red's Savoy Franchise, LLC

Parent: Red's Savoy Holdings, LLC

Address: 1300 NE Godward Street, Suite 1600, Minneapolis, MN 55413

Phone: 612-849-1869

Franchising Since: 2011

Industry & Qualifications

Industry

Food & Beverage

Veteran Discount

28.6%

Franchise Fee

$12,500 - $17,500

Royalty

4.5%

Ad Fund: 1.00%

Total Investment

$225K - $575K

Outlet Information

Total Outlets

151

Franchised

118

Company-Owned

Opened (Last Year)

+30

Closed (Last Year)

-0

Churn Breakdown (Last Year)

Terminations

Non-Renewals

Ceased Ops

Transfers

Reacquired

Item 19 (Financial Performance)

Disclosed

Item 19 provides projected gross revenue scenarios based on seat turns (ranging...

Legal History

Litigation: Yes

State of Minnesota Department of Commerce Determination, File Number FR 1100279. In September 2011,...

Bankruptcy: None

Number	File name	Actions
1998075042	MN_651-201503-01_red.pdf	View · Download

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