Franchise FAQ

how much is a short stop burger franchise

by Mariela Mitchell Published 2 years ago Updated 1 year ago
image

Individual Unit Costs

  • Initial Investment: $743,130-$1,404,535
  • Initial Franchise Fee: $40,000
  • Royalty Fee: 5 - 6%
  • Advertising Fee: 2%
  • Renewal Fee: none

Full Answer

How many BurgerFi restaurants are there?

Who is BurgerFi partners with?

How many states does BurgerFi have?

Where is BurgerFi located?

Who is the best fast casual brand of 2021?

Does BurgerFi have a mobile app?

See 3 more

About this website

image

How much does it cost to start a Burger King?

Burger King Franchise Cost /Initial Investment/ Burger King Franchise. The franchise fee is $50,000, and requires a total investment of anywhere between $316,100 and $2,660,600. Franchise agreements include an additional royalty fee of 4.5%. Franchise incomes vary by location.

How much does it cost to franchise 5 guys?

between $152,600 and $360,300The total minimum investment needed in order to be considered for a Five Guys franchise is between $152,600 and $360,300 which requires a $25,000 initial franchising fee, and a twenty year agreement term. The Five Guys Burgers and Fries restaurant opened in 1986, and began offering franchise opportunities in 2002.

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

How much is Elevation Burger franchise cost?

The minimum you would expect to invest in a Elevation Burger location is $408,500. The most you would expect to invest in a Elevation Burger location is $821,500. Before you become an owner, you will owe the franchisor a franchise fee of $35,000. There are currently 44 Elevation Burger units in operation.

What franchise is the most profitable?

Most Profitable FranchisesAnytime Fitness. Anytime Fitness is a popular gym brand with a low-cost investment and high revenue potential. ... McDonald's. McDonald's franchise program is one of the most established in the fast food industry. ... UPS Store. ... Jersey Mike's Subs. ... Dunkin' ... Sport Clips. ... 7-Eleven. ... Papa John's.

Do franchise owners make good money?

Franchise Business Review found that the average annual pre-tax income of franchise owners in America is $80,000. Only 7% of franchise owners make more than $250,000 annually, and 51% earn less than $50,000. Legally, franchisors cannot give income amounts or forecasts of future income.

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 a Subway franchise?

How much is the franchisee fee? The initial franchise fee ranges from $10,000 - $15,000* (US dollars) depending on your country.

How much does a Wayback Burger franchise cost?

WAYBACK BURGERS With an initial franchise fee of $35,000 and an estimated initial investment between $350,000–$450,000, Wayback is well within the range for prospective investors who are dissuaded by other fast-casual franchises' seven-figure price tags or costly ongoing fees.

Does Shaquille Oneal own Five Guys?

Since he announced his retirement in 2011, the NBA star has become the owner of 155 Five Guys hamburger establishments, which represented 10% of the total company. (He would later sell the franchises.) O'Neal also owns 17 Auntie Anne's Pretzels restaurants and has invested in nine Papa John's restaurants.

How much does a McDonald's franchise cost?

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 is Five Guys doing financially?

As of 2021, a typical Five Guys location makes about 1.2 million dollars a year, and Five Guys as a whole actually saw a 3% sales growth in 2020, so Five Guys fans have nothing to worry about.

Who owns 5 Guys Burgers?

Five Guys Holdings, Inc.Five Guys / Parent organization

Franchise vs Chain: What is the Difference?

A chain is a group of stores or restaurants run under a single brand name. Locations in a chain can be owned by one corporate owner — or by individ...

How Much is a Burger Franchise?

A burger franchise costs between $100,000 and $3 million. Those costs vary depending on the location, popularity of the brand, and size of the rest...

Is a Burger Franchise Better than an Independent Restaurant?

As a business owner, you will get more assistance and have less risk of failure with a franchise compared with starting your own restaurant from sc...

Franchise Application | BurgerFi Franchising | Call: 888.799.5528

We're looking for sophisticated, multi-unit partners who have experience and a successful track record of building strong teams. Contact us today!

25 Best Hamburger Franchises of 2022 (UPDATED RANKINGS)

This annual list of the best hamburger franchises was revised and updated on January 1, 2022. Since Richard and Maurice McDonald opened their first restaurant in California in 1940, burger chains have grown into a huge business.

BurgerFi Locations Near Me + Reviews & Menu

Find a BurgerFi near you or see all BurgerFi locations. View the BurgerFi menu, read BurgerFi reviews, and get BurgerFi hours and directions.

How many Burger King stores are there?

Burger King is a world-famous fast food restaurant chain that offers its own menu for Breakfast, lunch and dinner. Today, the chain includes more than 14,000 Burger King branded stores in 100 countries around the world. It is the second largest Burger chain in the United States.

When was the first Hooters restaurant opened?

The first Hooters Restaurant opened in Clearwater, Florida, in 1983. The company, known for its Hooters Girls waitresses, began franchising in 1986. The beach-theme restaurants feature sports displayed on flat-screen TVs and a menu offering seafood, sandwiches, burgers, salads, chicken wings and alcohol.

What is the menu at Burgerim?

Burgerim’s menu includes 11* tasty varieties of 2.8 oz burger patties, including classics like beef, turkey and veggie along with lamb, salmon, and other proteins. A variety of toppings, salads, and sides allow every guest to build a satisfying and filling meal.

Where was the first Cheeburger?

The first Cheeburger Cheeburger, named for a Saturday Night Live sketch, opened on Sanibel Island in Florida , in 1986. The company began franchising its 50's-style diners five years later. The menu offers customizable hamburgers, french fries, salads and milk shakes.

Is burgers good for business?

But in fact, the quality of burgers alone is not enough to make a business successful. You will need to invest in development, advertising, style, and much more. Also, do not forget that you need to think about everything well before you start-make a business plan, calculate investments, possible profits, and the concept.

When did Quaker Steak and Lube open?

Quaker Steak & Lube. In 1974 , with gas prices rising and gas stations closing around the country, George "Jig" Warren III and Gary "Moe" Meszaros sought to preserve the culture of those old gas stations by opening Quaker Steak & Lube, a restaurant decorated with old muscle cars.

Does Ray Rogers offer franchises?

Today, Ray Rogers offers entrepreneurs from different States favorable conditions for cooperation on the franchise system. If you are interested in earning money by selling delicious burgers and other food, pay attention to the offer from this company.

How much does it cost to own a Burger King franchise?

Burger King has wide offerings, including multiple chicken burgers, chicken nuggets, veggie burgers, fish sandwiches and onion rings. In addition to the instant name recognition, franchise owners get access to proven training and support. Burger King also offers non-traditional franchises, like stores attached to shopping centers and airports. The fee for franchises is $50,000. The full initial investment ranges from $333,100 to $3,398,600. The franchise agreement also tacks on additional royalty fees of 4.5% of revenue.

How much does it cost to franchise a McDonald's?

McDonald’s offers specialty burgers and often tests new food concepts. The company also has an established process for getting a new restaurant up and running. This includes a $45,000 initial fee. The total initial investment ranges from $1,008,000 to $2,214,080 for franchises.

What are the advantages of a franchise?

Is a Burger Franchise Better than an Independent Restaurant? 1 Advantages: From an investment standpoint it’s less risky to invest in a franchise because you get the advantage of a tried and proven system, as well as branding and marketing support. Franchise owners also get assistance with choosing real estate and location — and in restaurants that counts for a lot. A franchise is more easily scalable. Many franchisees operate multiple units. 2 Disadvantages: With a franchise comes a loss of some independence and control. A franchise owner must follow the system set up by the franchisor. You cannot decide to go your own way. Your ability to add different offerings, source ingredients from other vendors or simply try new things will be limited. There are also fees and royalties to pay.

What is a fatburger?

Fatburger is a fast-casual burger chain that operates 24/7. The company has a long history that dates back to the 1950’s. The brand famous for having some of the bigger burgers around, Fatburger offers both U.S. and international opportunities around the world. The company also offers co-branding opportunities with sister brand Buffalo’s Cafe.

What is a culver's burger?

Culver’s is a burger eatery known for its fresh ingredients and hospitality — and its famous Butter Burger. The company originated in the Midwest, but currently has many U.S. markets available for new franchises. Culver’s provides training, equipment assistance, and mentorship to franchisees.

Why is it better to invest in a franchise?

Advantages: From an investment standpoint it’s less risky to invest in a franchise because you get the advantage of a tried and proven system, as well as branding and marketing support. Franchise owners also get assistance with choosing real estate and location — and in restaurants that counts for a lot. A franchise is more easily scalable. Many franchisees operate multiple units.

How much does Wendy's charge to franchise?

Wendy’s has since become one of the most recognizable names in fast food. Its menus have choices that include chili, baked potatoes and salads. The franchising fee is $50,000. The initial investment usually ranges from $2 million to $3.5 million.

Who is the founder of Killer Burger?

Killer Burger grew out of a passion to introduce the hungry public to the way burgers used to be (and still should be). Ten years ago, our Founder, TJ Southard, realized that the burgers around him had changed so much from the diner burgers of his childhood. The growing trend of gourmet and fusion burgers was creating a product so distant from the original hamburger that they weren’t even recognizable anymore. This disconnect motivated TJ to make a change. Somebody had to do it.

Does Killer Burger need franchisees?

That means we don’t need franchisees with restaurant experience. We are looking for people who are motivated, who work hard and want their efforts to be rewarded. We team up with great partners who want a new direction, a chance to own their careers, and a way to guide their investment to success. If that’s you, we want to talk.

How many BurgerFi restaurants are there?

BurgerFi is a fast-casual better burger concept with approximately 120 franchised and corporate-owned restaurants, renowned for delivering an exceptional, all-natural premium burger experience in contemporary and sustainably designed restaurants.

Who is BurgerFi partners with?

BurgerFi partners with OLO to launch state of the art digital online ordering platform

How many states does BurgerFi have?

Since its inception, BurgerFi has grown steadily into two countries, 22 states and Puerto Rico, and continues to expand, bringing the BurgerFi experience to new guests around the world.

Where is BurgerFi located?

Originally established in February 2011 in sunny Lauderdale- by-the- Sea, Florida, the purpose was simple – RedeFining the way the world eats burgers. Today, BurgerFi’s mission is RedeFining the way the world eats burgers and enriching lives through the best burger experience. BurgerFi is committed to serving fresh food made with responsibly sourced ingredients in an eco-friendly environment. The chef-founded restaurant brand uses 100% natural Angus Beef with no steroids, antibiotics, growth hormones, chemicals, or additives.

Who is the best fast casual brand of 2021?

BurgerFi wins #1 Brand of the Year for 2021 Fast Casual Top 100 Movers and Shakers

Does BurgerFi have a mobile app?

BurgerFi rolls out new mobile app integrated with customer loyalty rewards, ordering and mobile payment.

Shortstop Franchise, Inc. Overview

Shortstop Franchise, Inc. filed as a Domestic For-Profit Corporation in the State of Texas and is no longer active. This corporate entity was filed approximately twenty-eight years ago on Thursday, June 23, 1994 , according to public records filed with Texas Secretary of State.

What next?

Receive an email notification when changes occur for Shortstop Franchise, Inc..

How many BurgerFi restaurants are there?

BurgerFi is a fast-casual better burger concept with approximately 120 franchised and corporate-owned restaurants, renowned for delivering an exceptional, all-natural premium burger experience in contemporary and sustainably designed restaurants.

Who is BurgerFi partners with?

BurgerFi partners with OLO to launch state of the art digital online ordering platform

How many states does BurgerFi have?

Since its inception, BurgerFi has grown steadily into two countries, 22 states and Puerto Rico, and continues to expand, bringing the BurgerFi experience to new guests around the world.

Where is BurgerFi located?

Originally established in February 2011 in sunny Lauderdale- by-the- Sea, Florida, the purpose was simple – RedeFining the way the world eats burgers. Today, BurgerFi’s mission is RedeFining the way the world eats burgers and enriching lives through the best burger experience. BurgerFi is committed to serving fresh food made with responsibly sourced ingredients in an eco-friendly environment. The chef-founded restaurant brand uses 100% natural Angus Beef with no steroids, antibiotics, growth hormones, chemicals, or additives.

Who is the best fast casual brand of 2021?

BurgerFi wins #1 Brand of the Year for 2021 Fast Casual Top 100 Movers and Shakers

Does BurgerFi have a mobile app?

BurgerFi rolls out new mobile app integrated with customer loyalty rewards, ordering and mobile payment.

image
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9