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How much does a Wayback Burger owner make?
The estimated total pay for a Owner Operator at Wayback Burgers is $86,239 per year.
Who is the owner of Wayback Burgers?
Wayback BurgersWayback Burgers, Winschoten, NetherlandsKey peopleJohn Eucalitto (CEO) William Chemero (CDO) Patrick Conlin (President)ProductsBurgers chicken fries shakesRevenueUS$ 116.1 million (2020)Websitewaybackburgers.com9 more rows
How much do Burger King owners make?
We can estimate that based on net revenue of $1,351,000 and a profit margin of 13%, the average Burger King franchise compensation is $175,630 per year.
How much does an In N Out franchise cost?
Franchise AgreementType of ExpenditureAmountTo Whom Payment Is To Be MadeInitial Fees$40,000UsLeasehold Improvements$388,100 – $1,220,800Landlord/SuppliersFurniture, Fixtures and Equipment$43,400 – $176,900SuppliersSignane$5,500 – $34,700Suppliers14 more rows•Aug 25, 2022
Is Wayback Burger black owned?
Wayback Burgers is a franchise with locations stretching across the world from the Netherlands to Africa. However, the Farmers Branch location is Black-owned.
Is Wayback Burgers real meat?
Wayback Burgers is a classic burger joint that combines hearty beef patties with fries and milkshakes. While there are some other menu options, these are what people really come for. The burgers at Wayback burgers are all big and delicious, and they all come with cheese because that's how a beef patty is meant to be.
What franchise makes the most money?
What is the most profitable franchise to own? According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own. The food chain has been franchising for nearly 6 decades and is still seeking franchises worldwide. As of 2021, they have 7,567 open units.
What is the most profitable franchise to own in 2022?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
Which fast food franchise makes the most money?
The Revenue of Fast-Food Chains in America TranscriptRestaurantSales (2017 Total U.S. Sales)Number of U.S. FranchisesStarbucks$13,167,610,00013,930Subway$10,800,000,00025,908Burger King$10,028,320,0007,226Taco Bell$9,790,150,0006,44626 more rows
What is McDonald's franchise fee?
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.
How much is a Starbucks franchise?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
What is the cost of McDonald's franchise?
Documents- ID cards, lease documents, etc. Franchise Investment Cost- In India, if anyone wants to start a McDonald's franchise in India, then their net worth should be between INR 10 to 15 Crore. Also, assets worth INR 5 Crore should be in the form of cash or liquid assets.
When was Wayback Burgers founded?
1991, Newark, DEWayback Burgers / FoundedWayback Burgers was founded in Newark, Delaware in 1991, under the name Jake's Hamburgers. From 1991 to 2008, the brand grew to 10 locations and began franchising. In 2009, with expansive growth on the horizon, the company decided to rebrand and change its name to Jake's Wayback Burgers.
How many locations does Wayback Burgers have?
About Wayback Burgers Wayback Burgers currently operates in 31 states with over 166 locations nationally and internationally in Brunei, Sudan, Morocco, Saudi Arabia, Malaysia, Pakistan, The Netherlands, and Manitoba, Canada.
How many Wayback Burgers locations are there in the US?
You can download the complete list of 1092 Wayback Burgers location data as an Excel file, along with geo coded address, phone numbers and open hours from our data store.
How many Wayback Burgers are there in the United States?
The Wayback Burgers franchise now has 155 domestic restaurants in 30 states with several additional restaurants around the world.
Cost Breakdown of a Wayback Burger Franchise
When you apply to franchise a Wayback Burger restaurant, you will need to pay a $35,000 franchise fee.
About Wayback Burger
What began as a Delaware hamburger stand called “Jake’s Hamburgers” in 2001 has since seen international success, with hundreds of locations worldwide.
Is Wayback Burger Profitable?
The biggest thing that separates Wayback Burger franchises from other burger franchises is their low cost of entry.
Criteria for Owning a Wayback Burger Restaurant
You must meet the financial and operational criteria to become a franchise owner. To be considered, you or your partner will need a minimum credit score of 700.
Training and Assistance Provided
Wayback Burger prides themselves on their high level of guidance and support towards franchisees. They offer both initial and ongoing support for each one of their franchise owners to ensure business success.
Final Thoughts
If you are looking to invest in a burger restaurant without investing millions upfront, Wayback Burger is a perfect choice.
QUALIFICATIONS
To qualify, Wayback Burgers franchise candidates need to have a credit score of 680 or above and access to the required liquid capital of $150,000, meaning cash, including savings, or any assets that can be liquidated quickly.
PASSION PLUS PROFIT
Just as important as having enough working capital is being motivated and passionate about the brand. Our ideal candidate wants to grow with the company and eventually own multiple units. While previous ownership is not a requirement, we prefer that you have leadership experience and a keen interest in the day-to-day details of running a business.
How much does a Wayback Burgers franchise make?
Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 143 franchised Wayback Burgers locations in the USA.
Do they have computer and technology support in place?
Yes. Wayback Burgers offers comprehensive support for franchisees. Unlock this franchise to find out more details.
Do they offer financing support?
No, but you can click here to fill out our affordability calculator and understand your financing options.
What is franchise grade?
Franchise Grade is dedicated to providing research and education that can help you make confident franchise investment decisions.
How many hours of training does a scuba diver need?
Yes, they have an initial training program of 140 hours. This includes 40 hours of classroom training and 100 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.
How many hours of training is required for a franchise?
Additional staff may attend for a fee.#N#On-The-Job Training: 80 hours#N#Classroom Training: 40 hours
How much does it cost to open a Wayback Burgers franchise?
The estimated investment required to open a Wayback Burgers Franchise is $209,000,524,500. There is an initial franchise fee of $35,000 which grants you the license to run a business under the Wayback Burgers name.
Why are Wayback Burgers so special?
Because each meal that you have at Wayback Burgers is truly unique and made-to-order. So that you can have the absolute best experience. Imagine a juicy burger paired with delicious french fries and sided with a cold and creamy milkshake that’s hand-dipped. It’s the kind of perfection that most people only dream of.
How much does it cost to franchise Wayback Burgers?
The initial franchise fee will run you $35,000 with a total investment of anywhere between $209,000 and $524,500. The company does not offer any type of finance options, so if you feel that you may have trouble affording the fee, you can check out other finance and lending options.
Is Wayback Burger a good franchise?
The Wayback Burger franchise opportunity seems to be a good one. Although, there are some things that you will want to look into further. However, the fact that this company offers a good amount of training tells me that they actually care enough about both their and your success.
Is Wayback Burgers made to order?
Because each meal that you have at Wayback Burgers is truly unique and made-to-order. So that you can have the absolute best experience. Imagine a juicy burger paired with delicious french fries and sided with a cold and creamy milkshake that’s hand-dipped. It’s the kind of perfection that most people only dream of. But lucky for you, you won’t have to dream it up. You can order it at your local Wayback Burgers restaurant.
Why is it important to have a determination and hard work ethic?
Because with your determination and hard work ethic, you are already halfway to having a successful business.
What to consider when buying a franchise?
And that’s not only going to be the cost of the business. You have to consider the length of your contract, whether or not the company offers specific benefits, and how much (if any) ongoing fees are going to cost.
Do franchise owners get training?
Speaking of, they may not seem to offer many benefits, but they do provide the proper training and support for your new business. When you sign up as a franchise owner, you receive the right training so that you have a better understanding of how to run the business and how to properly train the employees that work for you.
