How much does a Whataburger franchise cost?
You can boldly give an accurate answer. The cost of a Whataburger Franchise is $1,200,000 and Whataburger does not charge any other Franchise fees aside from the initial payment.
How many Whataburger locations are there?
A huge Whataburger franchise chain, which now incorporates 700 enterprises worldwide, started from a small fast food restaurant in 1950 in Texas. From the very beginning the restaurant has been getting a lot of loyal customers due to their mouth-watering burgers.
What are the hours of operation for Whataburger?
Their stores are open from 11 a.m to 11 p.m in all the 735 stores they have across the Southern parts of the United States CAN YOU BUY A WHATABURGER FRANCHISE?
Is Whataburger a family-run business?
The trouble with being a family-run business is that you often need to be family to be in the business. This is true of this burger chain too, as back in 2001, a man named Theldon Branch made headlines because he was the first franchisee to open a Whataburger in over a decade.
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How much does it cost to franchise a Whataburger?
Whataburger Franchise Cost / Initial Investment / Whataburger Franchise. The total investment required to open a Whataburger restaurant is $1.2 million. Initial franchise fees are not available.
How much does a Whataburger franchise owner make?
How Much Does Whataburger Make in Profit? Whataburger hasn't made their profit details known to the public. But an unofficial estimate shows that a franchise owner makes an average profit of $94,000 to $122,600 annually. This falls in line with other burger chain concepts.
Who owns Whataburger franchise?
WhataburgerTypePrivateRevenue$2.698 billionOwnerFamily owned by Tom, Lynne and Hugh Dobson Majority Owned (August 8, 1950–June 14, 2019) Minority Owner (June 14, 2019- Present) BDT Capital Majority Owner (June 14, 2019–present)Number of employees43,000 as of December 2021Websitewhataburger.com10 more rows
Is Whataburger privately owned?
The Dobson family made the majority of their money from the Whataburger franchise. In 2015, they were named one of America's richest families by Forbes with an estimated net worth of $1billion. Tom Dobson serves as chairman while his siblings sit on the Whataburger board.
Who makes more money Whataburger or Chick-fil-A?
Salaries. Of the top 3 common jobs between the two companies, Chick-fil-A salaries averaged $1 higher than Whataburger.
How much does a Chick-fil-A owner make a year?
Chick-Fil-A Franchise Owner Salary Owners make $200,000 to $240,000 per year on average after considering annual fees. Chick-fil-A restaurants produce around $5.3 million in annual sales on average so between 5% – 7% of total sales will hit the bottom line after expenses.
What does a Taco Bell franchise cost?
Total cost: A standalone Taco Bell franchise location is estimated to cost between $1.2 million and $2.6 million, exclusive of land and lease costs. Initial investment: Initial investments will vary significantly based on your location and the type of restaurant.
Is it true that Whataburger is only in Texas?
Is it true that Whataburger is only in Texas? No. Besides Texas, Whataburger has restaurants in 10 other states across the country: Alabama, Arizona, Arkansas, Florida, Georgia, Louisiana, Mississippi, New Mexico, Oklahoma and Kansas.
How much does it cost to open a McDonald's franchise?
McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Those looking to launch a new McDonald's franchise can expect to shell out between $1,314,500 and $2,306,500. Existing franchise prices can cost upwards of $1 million or more.
What is Whataburger net worth?
How Whataburger got its colors and 7 other things you may ... The family's net worth is up more than $1 billion since last year, in part due to new information obtained by FORBES about the company's revenues, which are estimated to be well over $1 billion.
Does Whataburger have new owners?
More Videos. Whataburger is a Texas treasure with a twist of Chicago. It's been nearly three years since Chicago company, BDT Capital Partners, LLC, took over the fan favorite.
Who purchased Whataburger?
The rapid growth of the Texas-centric burger chain isn't just due to its soaring revenue. It's also because of a strategy the company committed to three years ago. That was when the Dobson family, which founded the chain, sold its majority ownership to BDT Capital Partners, a Chicago investment firm.
How much do franchise owners make a year?
about 80,000 dollarsAccording to a survey done by Franchise Business Review involving 28,500 franchise owners, the average pre-tax annual income of franchise owners is about 80,000 dollars.
How much does Whataburger profit?
2021 Whataburger Median Franchise Sales: $3,539,518 Based on the median sales provided by Whataburger franchise locations, at an average of a 15% profit margin, it will take around 5.5 years to recoup your investment.
Do fast food franchises make money?
Fast food franchises are incredibly profitable compared to other types of businesses. According to a McKinsey study, the average fast-food franchise makes a gross profit of more than 20 percent on revenues of $2.5 million per year. That's more than twice the profitability of the average small business.
What does a Taco Bell franchise cost?
Total cost: A standalone Taco Bell franchise location is estimated to cost between $1.2 million and $2.6 million, exclusive of land and lease costs. Initial investment: Initial investments will vary significantly based on your location and the type of restaurant.
What is whataburger in Texas?
It is also known as the Texas icon. Whataburger is sometimes confused with What-a-burger, which was opened by a Virginia Entrepreneur, Jack Branch. Surprisingly, they both were unaware of their alike names for quite a few years.
Why did Dobson start Whataburger?
Dobson started this franchise after trying his hand on many other jobs. Then the idea of opening a burger outlet came to his mind. Then he started giving burgers and hamburgers in colorful wrapped papers. Although, Dobson faced a little difficulty in getting 5-inch bun for his hamburger and burger because none of the bakeries was baking such buns at that time. Whataburger started expanding in even the smallest towns. Whataburger started its business by earning just fifty dollars on the first day and then within a few months, it became a grand success.
What is included in Whataburger breakfast?
Not only burgers, but Whataburger also serves a wide variety of breakfast that includes taquitos, Jalapeno cheddar biscuit, pancakes, honey butter chicken biscuit, sandwiches, and many more. These other items are as mouth-watering as their burgers or maybe more than that.
When did Dobson and Burton open their first store?
Dobson and Burton opened their first store at Corpus Christi in 1950, with a simple motive to serve the best burger to the customers. They achieved their motto and their restaurant got popular. The “Whataburger” trademark was granted to Dobson by the Texas Secretary of State Office. It is also known as the Texas icon.
Does Burton have Whataburger?
Both agreed that Burton will have all the franchise rights to all Whataburgers in San Antonio. Then Whataburger faced its challenges and the menu items kept on changing. But the chain kept on increasing and the Whataburger franchise started to be found in a lot of States.
Is Whataburger a franchise?
The high standard set by Whata burger, for which its customer remain loyal for it can never be compared with any other franchise. This franchise sets a remark for other burger franchises. Even though some franchises tried to give competition to Whataburger, they failed to have such.
Is it easy to open a franchise?
Opening a franchise is not as easy as playing games. Your everything remains at stake. Your reputation, money, etc. It is wise to invest in a company like Whataburger. Because you need to be very sure before starting a franchise. Whataburger is such a customer-friendly restaurant. Each day’s crowd depicts the fan base of Whataburger.
How much does Whataburger franchise cost?
Whataburger has the franchise total initial investment range of $1,200,000.
When did Whataburger start?
A huge Whataburger franchise chain, which now incorporates 700 enterprises worldwide, started from a small fast food restaurant in 1950 in Texas. From the very beginning the restaurant has been getting a lot of loyal customers due to their mouth-watering burgers.
How many Whataburger franchises are there?
The Company is being operated by the Dobson family and they have 25 franchisers. Presently, the Whataburger Franchise has close to about 750 stores across the South-western and South-eastern parts of the United States of America.
Where is Whataburger located?
ABOUT THE WHATABURGER FRANCHISE. Whataburger is a private American regional fast food eatery. It is located in San Antonio, Texas and they specify in the making of hamburger sandwiches. It was established in the year 1950 by Harmon Dobson alongside Paul Burton.
Does Whataburger charge royalty?
Well, it will interest you to note that Whataburger does not charge any form of royalty, beginning franchise expenses, or promotion charges.
What Does a Whataburger Franchise Cost?
The trouble with being a family-run business is that you often need to be family to be in the business. This is true of this burger chain too, as back in 2001, a man named Theldon Branch made headlines because he was the first franchisee to open a Whataburger in over a decade. Searching the internet to learn more about franchising under Whataburger may leave you stymied for that reason alone because the information just isn’t public.
How much does it cost to start a Whataburger franchise?
Some websites will tell you that it will cost you $1.2 million to start a Whataburger franchise, but that’s just speculation because you’ll notice that the royalty fee is missing and so is the advertising fee, the term of agreement, the renewal fee and both the initial investment and the initial franchise fee.
Who owns Whataburger?
Whataburger: The Basics. In 1950, this San Antonio-based chain was founded by Harmon Dobson and Paul Burton, and until June 2019, it was family owned. Now, its majority ownership is held by Chicago-based BDT Capital Partners, but the Dobson family remains involved. In the seven decades this company has been slinging out burgers, ...
Where is Whataburger located?
Until now, Whataburger has been primarily based in Texas, where 670 of its 820 locations are found, with the others being in Alabama, Arizona, Arkansas, Florida, Georgia, Louisiana, Mississippi, New Mexico and Oklahoma.
How Much It Costs to Open a Whataburger Franchise
Just how much does it cost to open a Whataburger franchise? The basic answer is $1,800,000 for an average size location. These costs can vary from as low as $1,500,000 to $2,000,000.
Cost Per Whataburger Location
To make your restaurant a success, you need to have a steady flow of customers. For this to happen, you will need to know the average cost per Whataburger location.
Why Open A Whataburger Franchise?
Whataburger has been around since 1950. It is known for its delicious burgers and world-famous onion rings. This restaurant also offers breakfast, lunch, and dinner items that are served all day long.
Is This Franchise Right For You?
If you are hardworking, independent, and driven to succeed, this may be the right option for you. This franchise is perfect for those who know how to work their way around a restaurant and can handle themselves in high-pressure situations.
Brand History
Why Whataburger Franchise Over Any Other Franchise?
- Opening a franchise is not as easy as playing games. Your everything remains at stake. Your reputation, money, etc. It is wise to invest in a company like Whataburger. Because you need to be very sure before starting a franchise. Whataburger is such a customer-friendly restaurant. Each day’s crowd depicts the fan base of Whataburger. The high standard set by Whataburger, for whi…
Eligibility Criteria
- The most important need to have before having a Whataburger franchise isgood net worth and vacant land. You should also havegood managerial skillsbecause having such an outlet where the customer number is more, you need to have a good team with you. You should also be confident while presenting your idea about the investment before the Whataburger team.
Whataburger Franchise Cost
- An investment of $1,200,000is a must join Whataburger franchise.
- You also need to have a place to start the franchise.
- No Royalty feein Whataburger franchise like mentioned earlier.
Contact Information
- You can reach out to them by visiting theirofficial website, www.whataburger.com and then selecting “Contact Us” Or by the given address: 300 Concord Plaza Drive, San Antonio, TX 78216