A&W Restaurants Inc.
The A&W story dates back to 1919, when Roy W. Allen opened a small beverage stand in Lodi, California. Soon after, he partnered with Frank Wright to form the A & W Root Beer company. The two began opening restaurants that served their signature soda, along with hot dogs, hamburgers, and other fast food fare. In 1925, they started franchising and now A&W locations can be found around the world.
Start-up Cost:$912K - 1.62M