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  5. ›NDSU ASIAN INSPIRED BRANDED CONCEPT

North Dakota State University·North Dakota

NDSU ASIAN INSPIRED BRANDED CONCEPT

Closes 4/27/2026$250k – $1MRequest for Proposal
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Description

The University is seeking a qualified vendor to operate an Asian‑inspired branded restaurant franchise within the Memorial Union Food Court. The contractor will be responsible for financing and completing the build‑out of a 1,500–1,700 sq ft space, providing all equipment, menu development, staffing, and day‑to‑day operations while paying a licensing fee, monthly rent, and a royalty on sales. The university will supply utilities and loading‑dock access, but the vendor must handle telephone service, signage approval, and compliance with all health and safety codes. • Scope includes design, construction, equipment procurement, menu creation, and ongoing restaurant management. • Financial obligations: vendor‑paid renovation, monthly rent, royalty percentage, and licensing fee (all to be proposed). • Key dates: Questions due April 13 2026; proposal submission deadline April 27 2026; target restaurant opening Fall 2026. • Vendor must demonstrate ≥ 3 years franchising experience, provide insurance, and meet all university procurement requirements.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Stacey Winter(Procurement Officer)

[email protected]

(701) 232-8954

Key dates

Opened
4/6/2026
Questions due
4/13/2026
Closes
4/27/2026

Last updated

Details

Type
Request for Proposal
Industry
Food and Beverage Services
NAICS
722511
Solicitation №
SRC000196

Budget estimate

$250,000 – $1,000,000

No fixed contract ceiling is disclosed. Based on typical university food‑court franchise economics, a vendor might invest $300‑$600 k in build‑out and expect annual revenues of $500‑$1 M, yielding a net profit roughly 10‑15 % (~$50‑$150 k per year). Assuming a 5‑year contract, the total earnings could range from $250 k to $1 M, depending on sales performance, royalty rates, and rent.

AI estimate from the solicitation

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