Tin Star Restaurant
Franchising since 1985 · 1 locations
The initial franchise fee is $35,000. Ongoing royalties are 4%. Tin Star Restaurant currently operates 1 locations (1 franchised). The top SBA 7(a) lenders for Tin Star Restaurant are Stearns Bank. PeerSense FPI health score: 32/100.
$35,000
1
1 franchised
Proprietary PeerSense metric
LimitedActive capital sources verified for Tin Star Restaurant financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
New/Niche (1-2 loans)
SBA Lending Performance
SBA Default Rate
50.0%
1 of 2 loans charged off
SBA Loans
2
Total Volume
$0.9M
Active Lenders
1
States
1
Top SBA Lenders for Tin Star Restaurant
What is the Tin Star Restaurant franchise?
Tin Star Restaurant was founded on April 1, 1970, establishing its initial presence at Nine Mile and Telegraph in Southfield, Michigan. The brand's genesis is rooted in a vision brought to life by its founder, Ronald Hancock, who meticulously built the initial foundation before eventually selling the chain. In a significant strategic development, Tin Star Restaurant later merged its operations with a prominent Sterling Heights, Michigan-based restaurant chain, a move that culminated in the formation of Askar Brands LLC. This newly established corporate entity now serves as the overarching owner and operator, with its corporate headquarters strategically located in Commerce Township, Michigan. Casey Askar holds the esteemed position of Chairman and Chief Executive Officer for Tin Star Restaurant, guiding its strategic direction and overarching vision. Frank Lombardo, who was instrumental in the growth of the co-branded partner, serves as President, overseeing the intricate day-to-day operational framework for both companies. Tin Star Restaurant has been actively engaging in franchising since 1985, demonstrating a long-standing commitment to expanding its distinctive concept through a robust franchise model. The brand is recognized as an award-winning chain, a testament to its consistent quality and market appeal within the highly competitive limited-service restaurant sector. Its market positioning emphasizes a unique culinary offering, distinguishing it within the regional dining landscape, particularly across southeast Michigan, where its foundational success was initially cultivated and where it continues to hold a significant market presence. The deliberate integration of its operational structure under Askar Brands LLC further solidifies its market position, allowing for synergistic management and leveraging combined resources for continued growth and brand enhancement across its expanding footprint. This foundational history, spanning decades since its inception in 1970 and its franchising debut in 1985, highlights a seasoned brand with established operational frameworks and a clear strategic direction under experienced leadership within the fast-evolving restaurant industry. The Tin Star Restaurant franchise represents a proven concept that has adapted and thrived through various market cycles, maintaining its core values while embracing strategic partnerships to broaden its reach and strengthen its overall market standing.
The Tin Star Restaurant franchise operates within the dynamic and rapidly expanding Limited-Service Restaurant (LSR) category, specifically benefiting from the robust growth observed in the broader Fast Food & Quick Service Restaurant (QSR) market. This global QSR market, a significant segment, was estimated at a substantial USD 296.63 billion in 2025 and is projected to surge to an impressive USD 885.41 billion by 2033, demonstrating a remarkable Compound Annual Growth Rate (CAGR) of 14.8% from 2026 to 2033. Alternative projections further underscore this growth, with one estimate placing the 2025 market size at USD 279.75 billion, expanding to USD 732.88 billion by 2035 with a CAGR of 10.11% from 2025 to 2035. A third analytical perspective indicates a market size of $328.6 billion in 2025, with an anticipated rise to $492.34 billion by 2033, reflecting a CAGR of 5.184% from 2021 to 2033. North America consistently maintains its leadership in this market, holding a substantial 43.0% share in 2025 and a 37.03% share in another 2025 analysis. The United States alone accounted for a dominant 83.16% of the North American market in 2024, highlighting the immense domestic opportunity for the Tin Star Restaurant franchise. Independent fast food and quick service restaurants collectively held a significant market share of 63.9% in 2025, followed by 59.13% in 2026, indicating a vibrant landscape for diverse culinary offerings. American cuisine, the largest segment by cuisine, commanded a 26.9% share in 2025, aligning well with the core offerings of many limited-service concepts. Key trends propelling this robust growth include the increasing consumer demand for convenience, driven by urbanization and hectic lifestyles, alongside the pervasive digitalization of services through online ordering platforms, mobile applications, and third-party delivery services like DoorDash and Grubhub. Evolving consumer preferences towards healthier, plant-based, and customizable menu options, particularly among younger demographics such as millennials and Gen Z, also play a pivotal role. The integration of artificial intelligence to enhance operational efficiencies, process vast data, evaluate order patterns, and manage peak hour demand represents another critical innovation. Furthermore, strategic franchise expansion into emerging markets and tailored menu localization strategies are key drivers of sustained market growth, all of which present favorable conditions for the continued success and expansion of the Tin Star Restaurant franchise.
Prospective franchisees considering the Tin Star Restaurant franchise opportunity are advised to meet specific financial criteria designed to ensure a solid foundation for business success within the competitive limited-service restaurant sector. A minimum liquid capital availability of $80,000 is required, providing the necessary immediate funds for initial setup, operational contingencies, and working capital during the crucial ramp-up phase. Furthermore, a recommended minimum net worth of $400,000 is sought from potential investors, reflecting a robust personal financial standing that can support the demands of a growing restaurant business and demonstrate long-term financial stability. The comprehensive total investment range for establishing a co-branded Tin Star Restaurant franchise unit is estimated to fall between $175,000 and $325,000. This range encompasses a wide array of essential costs associated with opening a new quick-service restaurant, including expenditures for site preparation, leasehold improvements, construction or renovation work, the procurement of specialized kitchen equipment and furnishings, initial inventory stock, pre-opening marketing and grand opening expenses, training fees for new franchisees, and the necessary working capital to sustain operations during the initial months. This investment scale is entirely consistent with the broader Quick-Service Restaurant (QSR) industry, where initial franchise fees alone can typically range from $6,250 to $90,000, underscoring the significant financial commitment inherent in launching a new restaurant enterprise. The Tin Star Restaurant franchise model is structured to attract serious investors who possess the financial capacity to navigate the complexities of the restaurant sector, ensuring that each new unit is adequately capitalized for success. While the initial cash investment and total investment figures are substantial, they reflect the comprehensive nature of establishing a fully operational and modern quick-service restaurant that adheres to established brand standards. The detailed breakdown of these costs is typically provided within the Franchise Disclosure Document (FDD), offering complete transparency to prospective franchisees. This allows them to thoroughly evaluate the financial commitment required for a successful Tin Star Restaurant franchise and plan their funding strategies accordingly, ensuring they are well-prepared for the journey of business ownership. The emphasis on substantial liquid capital and net worth criteria is a standard practice within the franchising world, aimed at fostering the long-term viability and success of each franchised unit, thereby strengthening the overall brand network and ensuring consistent quality across all locations.
The Tin Star Restaurant franchise is committed to providing a comprehensive and robust training and support structure designed to equip its franchisees with all the necessary tools and knowledge for successful operation. For new franchises, an extensive training program is offered without any additional charge, ensuring that new owners and their initial staff are fully prepared from day one. If a franchisee is purchasing an existing Tin Star Restaurant unit, a nominal training fee may apply, reflecting the tailored support provided during a transfer of ownership. All training activities take place at one of the designated Metro Detroit training stores, providing a hands-on, real-world learning environment that immerses franchisees in the operational realities of the brand. This practical approach ensures that new owners gain invaluable experience in a live setting before opening their own location. Furthermore, upon the grand opening of a new store, an on-site training instructor is provided to the franchisee. This dedicated support helps to facilitate a smooth launch, offering immediate guidance and troubleshooting assistance during the critical initial operational period. Beyond the initial training and opening support, the support structure for Tin Star Restaurant franchisees is extensive and multifaceted, covering various critical aspects of business management. This includes expert guidance in crucial areas such as site selection, where the franchisor assists in identifying optimal locations, and lease negotiation, leveraging their experience to secure favorable terms. Franchisees also receive comprehensive assistance in store design and development, ensuring that each location adheres to the brand's aesthetic and functional standards while maximizing operational efficiency. Operational instruction is provided in critical areas such as inventory control techniques, which are vital for managing costs and minimizing waste; personnel management skills, essential for building and retaining a high-performing team; and adherence to in-store policies and procedures, ensuring consistency and quality across all Tin Star Restaurant franchise locations. Grand opening support and ongoing assistance are also integral components, helping franchisees to effectively launch and continuously promote their business. Franchisees receive assistance in ordering advertising and promotional support materials, enabling them to execute effective local marketing campaigns. Crucially, ongoing on-site and online support is provided, ensuring that franchisees have continuous access to expert advice, operational updates, and problem-solving resources throughout their tenure. Regarding territory and site selection, while the franchisor must approve all proposed sites to ensure brand consistency and market viability, the final site selection remains the diligent responsibility of the franchisee, empowering them in their business decisions. After a location is identified and approved, Tin Star Restaurant works collaboratively with the franchisee to develop a preliminary layout for the store. This design is meticulously crafted for economical production and efficient space utilization, featuring a smart, colorful, and contemporary look that aligns with the brand’s modern image. Franchisees are responsible for having final architectural plans drawn up and approved by the franchisor, and they retain the flexibility to use their own contractors, provided that all stores are built to the precise and exacting standards of the Tin Star Restaurant franchise, ensuring brand integrity and quality across the entire network.
Understanding the potential financial performance of a franchise is a critical component for any prospective investor seeking to join the Tin Star Restaurant franchise network. The Franchise Disclosure Document, or FDD, typically includes an Item 19 section dedicated to Financial Performance Representations, often referred to as FPRs or earnings claims, which can offer valuable insights into a franchise's potential profitability. While the Federal Trade Commission does not legally mandate franchisors to provide specific earnings information, a significant proportion, approximately 60% of franchisors, choose to include these disclosures to offer transparency and aid in the due diligence process for potential investors. For the Tin Star Restaurant franchise opportunity, the detailed search results did not explicitly contain specific average revenue per unit, median revenue figures, or precise profit margins that would typically be outlined within an Item 19 disclosure. This means that while comprehensive operational and financial investment data is publicly available, granular unit-level profitability metrics are not disseminated in the provided research, necessitating further direct inquiry. However, a broader financial indicator for the combined corporate entity, Askar Brands LLC, which oversees the Tin Star Restaurant brand along with its co-branded partner, showed impressive aggregate performance. As of June 2015, the combined year-to-date revenues for Tin Star Restaurant and its co-branded partner were reported at approximately $34 million. This substantial figure provides a strong testament to the overall scale, market penetration, and revenue-generating capacity of the parent company and its brands within the highly competitive limited-service restaurant segment. It is crucial for potential franchisees to understand the fundamental distinction between total revenue, which represents the gross income generated from sales, and net profit, which is the revenue remaining after all operating costs, expenses, and taxes have been meticulously deducted. While the $34 million combined revenue figure provides a robust high-level overview of the financial health and market activity of the combined enterprise, it does not directly translate into individual Tin Star Restaurant franchise unit profitability without further detailed analysis and specific disclosures. Prospective franchisees are strongly encouraged to thoroughly review the FDD for any available financial performance data that may be included and to engage in comprehensive due diligence, which should ideally include direct discussions with existing Tin Star Restaurant franchisees. Such interactions can provide invaluable firsthand insights into the actual operating costs, revenue streams, and overall profitability experienced at the unit level, thereby offering a more complete understanding of the potential earnings landscape for a Tin Star Restaurant franchise. The absence of publicly detailed Item 19 data within the provided research does not inherently preclude a robust business model but rather emphasizes the need for direct engagement with the franchisor for the most current and specific financial insights pertinent to individual unit performance.
The Tin Star Restaurant franchise has demonstrated a clear and aggressive growth trajectory, marked by a significant expansion of its physical footprint and a strategic approach to market penetration. The brand has grown to approximately 60 locations primarily concentrated in southeast Michigan, establishing a strong regional presence. More specifically, the network comprises approximately 48 franchised Tin Star Restaurant units, predominantly situated in the Metropolitan Detroit area, with additional stores strategically located in Holland and Lewiston, Michigan. As of June 2015, the Tin Star Restaurant brand alone boasted 53 stores within Michigan, showcasing its deep roots and successful operations in its home state. Its co-branded partner, operating synergistically, had approximately 40 locations across southeast Michigan and a total of 35 stores in Michigan as of June 2015. The combined companies, under the umbrella of Askar Brands LLC, employed about 1,000 individuals and reported combined year-to-date revenues of approximately $34 million as of June 2015, highlighting the substantial economic impact and operational scale of the enterprise. The company's expansion strategy has been notably aggressive, particularly through the establishment of master franchisee agreements and the development of co-branded Tin Star Restaurant and partner stores, leveraging the strengths of both concepts. Significant expansion plans were announced in both 2008 and 2015, targeting several key states for substantial growth. In Colorado, plans were revealed to open upwards of 100 single or co-branded Tin Star Restaurant and partner stores in the greater metropolitan-Denver area and its northeastern counties, signaling a major push into the Mountain West. Texas was identified for even more ambitious growth, with plans for at least 120 single or co-branded stores concentrated in the expansive greater Houston area, tapping into one of the nation's largest and fastest-growing markets. North Carolina was targeted for at least 30 partner sites in the Charlotte metropolitan area and northwest South Carolina, indicating a strategic entry into the Southeastern region. An agreement was also finalized to open the first partner store in the Buffalo area of New York, marking a move into the Northeastern market. Furthermore, in December 2008, a significant agreement was finalized with Abajee Developers, Inc. (ADI) to open several hundred units across Indiana and Illinois over the subsequent 10-15 years, with Chicago, Illinois, and Indianapolis, Indiana, designated as initial priority markets. The first store in Chicago was ambitiously expected by summer 2009, reflecting the rapid pace of expansion. Currently, the Tin Star Restaurant franchise is actively accepting franchise inquiries from a wide range of states, signaling broad national interest and availability. These states include Alabama (AL), Arizona (AZ), California (CA), Colorado (CO), Florida (FL), Georgia (GA), Illinois (IL), Kentucky (KY), Michigan (MI), Nevada (NV), New York (NY), North Carolina (NC), Ohio (OH), Pennsylvania (PA), South Carolina (SC), Tennessee (TN), Texas (TX), Virginia (VA), Washington (WA), West Virginia (WV), and Wisconsin (WI). There is no information available indicating operations outside of the United States, maintaining a focus on domestic market expansion. This extensive planned and ongoing expansion, coupled with a proven track record in Michigan, positions the Tin Star Restaurant franchise for substantial future growth and offers franchisees entry into a brand with clear strategic direction and significant market potential.
The ideal Tin Star Restaurant franchise candidate is an individual or group with a robust financial foundation and a commitment to operational excellence within the limited-service restaurant industry. Prospective franchisees should possess at least $80,000 in liquid capital, ensuring adequate resources for initial investment and operational liquidity. Additionally, a minimum net worth of $400,000 is recommended, reflecting the comprehensive financial capacity required to successfully establish and operate a Tin Star Restaurant franchise. The total investment range for a co-branded Tin Star Restaurant franchise is estimated between $175,000 and $325,000, encompassing all necessary expenditures from site build-out to initial inventory. In terms of territory, the Tin Star Restaurant franchise is actively seeking passionate entrepreneurs in a wide array of states, presenting diverse opportunities for market entry. These include Alabama (AL), Arizona (AZ), California (CA), Colorado (CO), Florida (FL), Georgia (GA), Illinois (IL), Kentucky (KY), Michigan (MI), Nevada (NV), New York (NY), North Carolina (NC), Ohio (OH), Pennsylvania (PA), South Carolina (SC), Tennessee (TN), Texas (TX), Virginia (VA), Washington (WA), West Virginia (WV), and Wisconsin (WI). While the franchisor provides crucial guidance and must approve all proposed sites to ensure adherence to brand standards and strategic market placement, the final site selection remains the diligent responsibility of the franchisee, allowing for local market expertise to inform decisions. After a suitable location is identified, the Tin Star Restaurant team collaborates with the franchisee to develop a preliminary layout for the store, meticulously designed for economical production and efficient space utilization, featuring a smart, colorful, and contemporary aesthetic that resonates with modern consumers. Franchisees are responsible for having final architectural plans drawn up and approved by the franchisor, and they are afforded the flexibility to use their own contractors, provided that all construction and fit-out work strictly adheres to the high standards and specifications set by the Tin Star Restaurant franchise, ensuring brand consistency and quality across the expanding network. This combination of substantial financial backing, a wide range of available territories, and a collaborative site development process creates a compelling opportunity for qualified individuals to join a growing and well-supported franchise system.
The Tin Star Restaurant franchise presents a compelling investor opportunity within the burgeoning Limited-Service Restaurant (LSR) sector, characterized by its proven business model, strategic growth plans, and comprehensive franchisee support. With the global fast food and quick service restaurant market projected to reach up to USD 885.41 billion by 2033, demonstrating a robust CAGR of 14.8% from 2026 to 2033, the Tin Star Restaurant franchise is perfectly positioned to capitalize on sustained industry expansion. The brand's established presence since 1970, its history of successful franchising since 1985, and its current footprint of approximately 60 locations in southeast Michigan, including 53 stores in Michigan as of June 2015, underscore its stability and market acceptance. The combined revenues of Askar Brands LLC, which oversees the Tin Star Restaurant brand, reached approximately $34 million as of June 2015, highlighting the significant scale and revenue-generating capacity of the parent company. This robust financial backdrop, coupled with aggressive expansion plans targeting over 100 new units in Colorado, 120 in Texas, and several hundred across Indiana and Illinois, signifies substantial future growth potential for the Tin Star Restaurant franchise. Franchisees benefit from extensive training at Metro Detroit training stores, on-site grand opening support, and continuous operational guidance covering site selection, store design, inventory control, and marketing assistance. The brand’s strategic approach to expanding into new states like Alabama, Arizona, California, Florida, Georgia, Illinois, Kentucky, Nevada, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia, and Wisconsin offers diverse market opportunities for qualified investors. The Tin Star Restaurant franchise, with its clear vision and seasoned leadership, offers a chance to join an award-winning chain deeply rooted in its history but dynamically focused on future market capture. Explore the complete Tin Star Restaurant franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
FPI Score
32/100
SBA Default Rate
50.0%
Active Lenders
1
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Tin Star Restaurant based on SBA lending data
SBA Default Rate
50.0%
1 of 2 loans charged off
SBA Loan Volume
2 loans
Across 1 lenders
Lender Diversity
1 lenders
Avg 2.0 loans per lender
Tin Star Restaurant — Deep SBA Data
Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2005
2 approvals — best year on record for Tin Star Restaurant.
Top SBA State
Texas
2 SBA-financed Tin Star Restaurant locations — the densest operator footprint.
Average Loan Size
$465K
Median $465K — use as a sizing anchor when modeling your own $Tin Star Restaurant unit.
Lender Concentration
100%
Concentrated
Share of Tin Star Restaurant approvals captured by the top 3 SBA lenders.
Tin Star Restaurant's SBA lending pipeline peaked in 2005 (2 approvals). Operator density is highest in Texas with 2 SBA-financed locations. Average funded ticket sits at $465K, with the median at $465K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals — credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$5,176
Principal & Interest only
Locations
Tin Star Restaurant — unit breakdown
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