How much does it cost to buy a Whataburger franchise?
Today, Harmon’s son, Tom, runs the company and invites employees and franchisees to become “Family Members.” The total investment required to open a Whataburger restaurant is $1.2 million. Initial franchise fees are not available.
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.
When was the first Whataburger opened?
Whataburger, which was founded in 1950 by Harmon Dobson, is still family-owned and operated. Harmon Dobson, an adventurous and determined entrepreneur, opened the first Whataburger restaurant on Ayers Street in Corpus Christi, Texas.
Are there any initial franchise fees available?
Initial franchise fees are not available. When Harmon Dobson first opened Whataburger, he believed in valuing his employees, and that doing so would assure success of the company. He was right, as proven by the growth of his small hamburger stand into a company with 700 locations spanning 10 states, and annual sales of $1 billion.
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How much does it cost to open 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 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.
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
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.
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.
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.
How many Whataburgers does Mahomes own?
Two Whataburger restaurants are scheduled to open in Platte County in 2023. And yes, those two locations will be owned by the Whataburger franchise that includes Patrick Mahomes, star quarterback for the Kansas City Chiefs.
What is the cost of 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?
The Franchise fee of McDonald's goes for around 30 lakhs INR; however, this fee is also attached with a 4 % monthly royalty fee as service fees to the brand. The actual investment amount differs, a business owner needs to keep a rough estimate of around 6 to 14 Crores.
What is the most profitable franchise?
Top 14 Most Profitable FranchisesMcDonald's. Units in operation: 39,360. ... Dunkin Donuts. Units in operation: 12,800. ... Taco Bell. Units in operation 12,800. ... Subway Franchise. Offers Financing: Yes. ... Anytime Fitness Franchise. Units in operation: 4,904. ... Sonic. Royalty: 2.5% - 5.0% ... Planet Fitness. Royalty 7.0% ... Orangetheory Fitness.More items...
How much is a Wendy's franchise?
Does it include start-up supplies and training? The standard franchise fee is $50,000 for a franchise agreement with a term of 20 years.
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 is Chick Fil A revenue?
11.3 billion USD (2019)Chick-fil-A / Revenue
How much did burger King make last year?
Its net revenues in 2021 increased to $1.8 billion from $1.6 billion in 2020....Burger King (BK) Systemwide sales 2013-2021.YearSystemwide sales (Millions)2017$ 20,0752016$ 18,2092015$ 17,303.72014$17,017.15 more rows•Jun 23, 2022
How much is a patty melt from Whataburger?
$5.39Whataburger Menu With Prices (Updated: October 2022)FoodPriceJalapeno Cheddar Biscuit Sandwich – Meal (Limited Time)$4.29All-Time FavoritesWhataburger Patty Melt$5.39Whataburger Patty Melt – Meal$7.39110 more rows
How many locations does Whataburger have?
There are 911 Whataburger stores in the United States as of October 03, 2022. The state with the most number of Whataburger locations in the US is Texas, with 716 stores, which is about 79% of all Whataburger stores in the US.
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 much does it cost to open a Whataburger?
The total investment required to open a Whataburger restaurant is $1.2 million. Initial franchise fees are not available.
Who is the founder of Whataburger?
Harmon Dobson, an adventurous and determined entrepreneur, opened the first Whataburger restaurant on Ayers Street in Corpus Christi, Texas. His single goal was to serve a burger that was so big it took two hands to hold it, and would inspire customers to exclaim, “What a burger!” The restaurants have retained their reputation for great burgers, making each one to order with 100% pure American beef and sides like grilled jalapenos, extra bacon, and thick layers of cheese. Today, Harmon’s son, Tom, runs the company and invites employees and franchisees to become “Family Members.”
How many locations does Whataburger have?
He was right, as proven by the growth of his small hamburger stand into a company with 700 locations spanning 10 states, and annual sales of $1 billion. Whataburger is not to be confused with “What-A-Burger,” a group of restaurants in mid-Atlantic states.
What time does Whataburger serve breakfast?
Whataburger has also expanded to offer a breakfast menu with breakfast sandwiches, and serves breakfast through a wide 12-hour period, from 11 p.m. to 11 a.m., catching the niche market of late-late-night breakfast seekers. Start your business!
What is a Whataburger?
Whataburger is a regional restaurant chain in the American South and Southwest specializing in one thing: burgers. Known for its red-and-white striped A-frame roofs, Whataburger has expanded to 700 restaurants, and its menu has expanded, too, now offering the Justaburger, the Whatacatch fish sandwich, the Whatachick’n chicken sandwich, and taquitos.
Where is Whataburger located?
The original Whataburger restaurant is in Corpus Christi, Texas, where it was originally headquartered, but has since moved operations to San Antonio, Texas. Whataburger, which was founded in 1950 by Harmon Dobson, is still family-owned and operated.
Is Whataburger a franchise?
Whataburger is listed in the Franchise Directory under the Food category.
How much did Chick Fil A make in 2012?
Though this is the highest per-store figure of the top 50 chains this year, it represents a comedown for Chick-fil-A. Its average per-store grosses were $3.18 million in 2012, an achievement that put the chain in a class by itself.
How much does Jason's Deli cost?
Jason's Deli: $2.4 million. For those unfamiliar, Beaumont, Texas-based Jason's is one of the country's largest regional deli chains, with over 240 stores in 28 states.
How much does Panera Bread cost?
Panera Bread: $2.47 million. You can tell the gluten-free fad was just that when you look at this figure. Bakery-on-steroids Panera hasn't had any problem luring customers in to snatch up their pastries, loaves, and full meals.
Is 2 million a subsistence?
At $2 million, you're cooking with gas, while half a million is considered a subsistence level, when you count up all the food and labor costs involved. Fast-food chains have lower labor costs than full-serve eateries, but any way you slice it, they need to drive sales volume to be profitable.
Is McDonald's a hair off?
Like Chick-fil-A, though, McDonald's was a hair off its game in 2013 compared with 2012, when average store sales were $2.6 million. The top chain has continued to struggle a bit in its most recent quarter, with sales at U.S. stores open more than a year down 1.5 percent. That'll have to turn around to keep McDonald's per-store revenue this high.
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Opinions expressed by Forbes Contributors are their own.
Is Whataburger a nostalgia brand?
While Whataburger is in the sweet spot of current burger trends, it's also capitalizing on nostalgia -- the chain unveiled a new prototype in March that updates its classic A-frame look and may remind longtime customers of good times they've had at Whataburger in the old days.