Olive Garden Franchise Cost, Fees & Profit 2024

If you are interested in dining out or know about the most popular restaurant chains in the United States, you probably heard about Olive Garden.

Thanks to their popularity, the high number of outlets, and the quality dining experience, they are an amazing business opportunity.

That’s why you might have considered whether you should own an Olive Garden franchise or not.

Olive Garden is an extremely popular casual dining restaurant chain that also franchises in various countries except for the United States.

If you are still interested in owning an Olive Garden restaurant abroad, then you should consider owning one of their franchise branches.

They provide high value with a good return on investment. This article will examine Olive Garden and all the details surrounding its franchising business.

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Olive Garden Franchise

About Olive Garden

Olive Garden Franchise

Olive Garden is a popular casual dining restaurant chain that has been operating since 1982.

The restaurant offers various Italian American dishes, including pasta, salads, soups, breadsticks, and many more.

Olive Garden has become a household name due to its high-quality food, affordable prices, and inviting atmosphere.

It’s mostly known for its all-you-can-eat soup, salad, and breadsticks that they have been serving for over 40 years now.

Olive Garden’s mission is to provide guests with delicious, authentic Italian food in a welcoming environment. The restaurant uses fresh ingredients to create its signature dishes.

It has also been making efforts to reduce its carbon footprint by using eco-friendly practices in its operations.

Over their four decades of operations, they became known not only in the United States but also internationally in many different countries.

Across all of their locations, they are known for their friendly and efficient staff, keeping up with the quality everywhere.

The restaurant also has a strong social media presence. They have thousands of followers on platforms like Twitter, Facebook, and Instagram.


Olive Garden Franchise Model 

Cost Or FeesAmount
Franchise YES
Franchising Since1995
Franchise-Fee$75,000
Estimated Outlets900+

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How Much Does It Cost To Open An Olive Garden Franchise?

Olive Garden only franchises outside of the United States or exotic places in the United States, such as airports.

This means that you can’t own a franchise branch in the United States, but you can in other countries.

Because of this, there is no actual cost calculation for opening an Olive Garden franchise since every country’s needs and costs are different.

However, no matter which country it is you are franchising in, you have to pay a set franchise fee and have a certain net worth.

You have to pay $30,000 in franchise fees which is a lump sum and paid as the first fee.

To be approved as a franchise, you have to hold at least $1 million in net worth, no matter which country it is you are franchising in.


Olive Garden Franchise Requirements

Olive Garden Franchise Requirements

As we mentioned above, Olive Garden has a financial requirement for the new franchisees, but that is not the only requirement they have.

You also need to fill in some personal requirements with your background.

The financial requirement is just $1 million in net worth, and there isn’t much else to cover overall, but it might depend from country to country.

On the personal requirement side, Olive Garden looks for people with background experience in the retail, hospitality, or restaurant industry.

You also need to have your own proven management team to run a successful restaurant and the experience to develop a new brand in a new territory or country.

All these requirements are to ensure that you will be able to run a successful store as the new franchisee of Olive Garden that belongs to Darden Brand.


Olive Garden Profit & Revenue

Olive Garden is owned and operated by Darden Restaurants, Inc., which is a publicly-traded company on the New York Stock Exchange.

According to Darden Restaurants’ latest annual report, Olive Garden has generated $4.5 billion in sales during the fiscal year 2022.

However, their annual report does not give us a specific number for their profit numbers, and we only have the revenue numbers.

To get a sense of how much their profit can be, we can take a look at Darden Restaurant’s overall revenue and profit numbers.

In 2022, Darden Restaurants reported total sales of $9.63 billion and a net income of $287.6 million.

Olive Garden’s revenue is not broken out separately, but the brand is a significant contributor to Darden’s overall financial performance.

Looking at the overall sales numbers of Olive Garden, we can say that the average store makes about $3-4 million in revenue.

However, these numbers might change depending on the location, size, and all other details.


Olive Garden Comparison

CompanyFranchise FeeRoyalty FeeInitial Investment
TGI Fridays$50,0004%$2.5 million-$3.8 million
Applebee’s$35,0004%$1.9 million-$7 million
Olive Garden$30,000N/AN/A

Conclusion

Olive Garden is one of the most popular restaurant chains in the United States and in most other countries.

The exclusive menu and dishes of Olive Garden and a certain amount of quality atmosphere in their restaurants make it easy to attract their customers.

Thanks to their popularity, they have been very profitable for years straight.

Because of all this profitability and popularity, they became an attractive point for people looking to own a franchise.

They do not franchise in normal locations in the United States, only in the airports, but they do franchise everywhere in countries where they are present.

If you are looking to own a franchise branch abroad, Olive Garden could be a very lucrative opportunity.

Opportunities abound for entrepreneurs in restaurant franchising, including brands like Underdog BBQ, Jack In The Box, Tim Hortons Franchise, Cook Out Franchise, and Sweetgreen Franchise.


Frequently Asked Questions 

Who is the CEO of Olive Garden?

Dan Kiernan is the current CEO of Olive Garden, and he is also a member of Darden Restaurants’ Executive team.

He has been holding the CEO position since January 2018.

How much does it cost to open an Olive Garden Franchise?

Olive Garden doesn’t franchise in the United States. They only franchise to any country outside of the United States and airports in the United States.

That’s why knowing the exact initial investment number is hard since every country’s costs are different.

Can I franchise in the United States with Olive Garden?

If you would like to franchise in the United States with Olive Garden, you can only do so in the airports.

They do not franchise in any other location in the United States. They only allow it abroad.

Sources

https://en.wikipedia.org/wiki/Olive_Garden

https://www.statista.com/statistics/284442/casual-dining-restaurant-chain-olive-garden-us-sales

https://www.statista.com/statistics/221476/darden-restaurants-revenue

https://www.macrotrends.net/stocks/charts/DRI/darden-restaurants/net-income

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