Franchising
The Honeycomb Cocktail Lounge is founded on core values of sophistication, excellence, and a sense of belonging. While the name suggests exclusivity, our mission is to create an inviting haven where stylish opulence meets genuine connection. Honeycomb is a space where discerning patrons come together to indulge in thoughtfully crafted cocktails, immersive ambiance, and elevated service. Every detail—from the curated drinks to the elegant design—aims to provide a truly special experience that feels both luxurious and personal. It’s not just a night out—it’s a refined escape meant to be savored and shared.
Qualifications
We are currently seeking franchise partners who meet our qualifications. To be considered as a potential Honeycomb Lounge franchise candidate, you must meet the following qualifications.
- Minimum 5 years experience in casual dining (or fast casual) as owner/operator.
- 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).
- An infrastructure dedicated to the development of our brand.
- Local knowledge and expertise in the areas of consumer preferences, real estate, government regulations, labor, and distribution issues.
- Access to adequate capital, such that losses are sustainable for 2-3 year period while continuing to develop additional units.
- Philosophically aligned.
Approval Process
If the qualifications are met, the potential partner vetting process will begin with the following steps:
Pre-qualification
- Complete a Request for Consideration form. Once submitted, you will be contacted by the Sons of Liberty development team
Application
- Review and sign Confidentially Agreement
- Complete a Honeycomb Lounge Franchise Application
- The Franchise Development Team will visit your current locations
Business Plan
Develop a comprehensive 5-year Business Plan, including a robust financial profit & loss (P&L) exercise and market mapping study.
Provide verifiable evidence of financial performance and sustainability, including:
- Prior three year’s tax filings
- Credit, business and personal references
- Balance sheet, P&L, cash flow statement per existing unit
- Personal guaranty
- For new partnerships and corporations: personal financials for each partner, including statements verifying assets
- For existing entities with operating history: audited financial statements for most recent fiscal year and three years prior
Review
Honeycomb Lounge to conduct individual and company background checks.
Interested in becoming a Honeycomb Lounge Franchisee?
Contact us today!