The franchise burger business is huge, with more than $122 billion in annual sales in the United States according to IBISWorld market research. The fee for a franchise is $40,000. Five Guys is a fast-casual dining franchise thats especially popular in cities and busy locations like train stations and shopping centers. Assets include cash, stocks, retirement accounts, and real estate. WebOur Burger King Owners Contact List was just Updated with new 2020 contacts and Excel/CSV format options. Carrols owns and operates over 1,000 restaurants under the Burger King and Popeyes brands. But the Mooyahs main focus is on creating a fun and family-friendly guest experience for its customers. We have also improved staffing levels at our restaurants, permitting us to expand our hours of operations. An owner of a Burger King franchise is generally required to have liquid assets worth $500,000 and a net worth of $1,500,000. WebOh no! The investment ranges from $269,000 to $1.2 million. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee. Order now to get instant access to the complete List of Burger King franchise owners! Customers get to design their own gourmet burgers using Angus beef and other fresh ingredients. That's why we constantly are looking for new ways to help you find qualified franchise prospects. Definition: The length of time your franchise agreement will last. Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company. Wayback Burgersis one of the fastest-growing chains in the fast-casual burger market, with more than 500 contracted locations and 160 currently operating throughout the U.S. WebCarrols owns and operates over 1,000 restaurants under the Burger King and Popeyes brands. Its also important to note that Burger King allows franchise owners to start different types of restaurants. Details can be found in Item 12 of the FDD. An A to Z directory of franchises and business opportunities we work with and some that we don't. 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 scratch. Definition: The total amount necessary to begin operation of the franchise. Youll need to be able to front $500,000 in liquid assets to prove your net worth, too. Notably, they dont share common areas with other businesses. The menu is the same. In April, Paulo Pena became the new CEO and president of Carrols Restaurant Group, the largest Burger King franchisee in the system that owns and operates more than 1,000 stores across 23 states. For example, the company's scale helped make possible its deal with GrubHub, in which Yum Brands purchased a $200 million stake in the delivery company. My goal is very simple: Drive improved financial results through consistent blocking and tackling to create long-term value for our stockholders, employees and customers. The fee for a franchise is $35,000. Burger Kings president, Tom Curtis, and his leadership team have been partnering with their major franchisees throughout the process and using us as a sounding board. The first Good Stuff Eatery opened as a family-run operation in Washington D.C. in 2008. Some brands offer multi-week training programs or bootcamps for entrepreneurs who want to open their own restaurants. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems. Today, Burger King is one of the most well-known restaurant chains, with locations in North America and worldwide. It uses fresh, organic food including meat from grass-fed cows. Carrols has a long history of operational excellence and routinely outperforms the U.S. Burger King system. A burger franchise costs between $100,000 and $3 million. Meanwhile, 50s style Cheeburger Cheeburger has only 17 locations in the U.S. A chain is a group of stores or restaurants run under a single brand name. With all of this training support, you'll always feel like you are supported. That should include reviewing the companys legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers. After the company expanded, Pillsbury bought the company in 1967, Leveraging brand-name recognition. Since the stores are already established, theres less work and investment involved in getting started. The original restaurants were designed to be open-air cafes. We already have scale," David Gibbs, Yum Brands' president and Whether youre a fan of fast food or not, odds are youve heard of the Burger King restaurant chain. Burger King has wide offerings, including multiple chicken burgers, chicken nuggets, veggie burgers, fish sandwiches and onion rings. Privacy Policy. Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company. The initial fee is $45,000. A curated list of franchise-related news articles by the FranchiseHelp team. Restaurants feature drive-thru and drive-in service. The company has been around since 1969. P: As I considered the CEO opportunity at Carrols, I was impressed by the Companys operational expertise. I live in south Pinellas county in west central Florida, and have never seen a White Castle restaurant in ALL of Pinellas county. Want to set up your store in a specific spot? Fuddruckers is known for its extensive menu and quality ingredients. But before that, you need to know that the company offers three options when it comes to franchising: 1. In addition to standard training and support, the company also offers a large restaurant supply co-op for supplies and ingredients. Culvers provides training, equipment assistance, and mentorship to franchisees. Browse 1000s of reports on 1000s of franchise systems. The initial fee is $50,000. Is the Whopper too small? What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. I took way too long and made quite the mess, but it was delicious. With more than 60 years in business and national advertising campaigns, the brand has considerable recognition. The potential for success with a Burger King franchise location should make these startup costs more than acceptable for many entrepreneurs. Anti-Discrimination and Harassment Policies, Illinois Policy Governing Collection, Usage, and Retention of Biometric Identifiers and or Information. One of the most massive food-and-beverage giants is JAB Holding, the investment arm of the secretive Reimann family. This includes a $45,000 initial fee. It was shared more than 1,000 times in just over a week. Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations. Even as Americans become more health conscious, burger franchises remain a significant part of the restaurant industry. It was in Sydney, Australia, where I grew up, and was a formative experience where I learned the value of customer service and enjoyed being part of a passionate team. FranchiseHelp offers franchise consultants a unique lead buying experience. Steak N Shake is an old fashioned style casual dining eatery. The business specializes in burgers, potato chips and milkshakes. As noted above, Burger King provides financial assistance for minority franchise owners. Carrols Restaurant Group retained its No. The chains store locator shows thousands of locations that remain open in the U.S. and around the world. over 75 countries with well over 12,000 locations worldwide. Johnny Rockets is both a restaurant and an experience. This list comes complete with phone numbers, addresses, and names of each Burger King franchise owner in the United States. TheSmashburgerchain of fast-casual burger restaurants specializes in food with fresh ingredients, including turkey burgers. Its the easiest way to get honest reviews from franchisees that have already invested in the franchise opportunities youre considering buying. The total upfront investment ranges from $600,000 to $1.1 million. Carls Jr. is a popular fast-food chain thats run by an international restaurant company. Still, much of its business derives from the success of its famous burger, The Whopper. They (sic) closing all burger kings, reads the post. We have already seen results, reducing wait times to below 2020 and 2021 levels. Burger King participates in the International Franchise Associations . Food Truck Franchise Options: 12 of the Best, On Privacy and Security, Small Businesses Are On Their Own, Get This Ultimate Guide to Online Reviews Today. Corporate agreement How to Apply for a Burger King Franchise in India Reload. Red Robin offers a dine-in experience for customers. Your favorite fast-food chain may not be exactly what it seems. Your Burger King franchise location can use the corporate loyalty program and app to keep customers returning. As costs rise, scale is increasingly crucial in the restaurant business. Burger King also offers non-traditional franchises, like stores attached to shopping centers and airports. Franchise Times chatted with Pena to learn how his prior 20 years of experience at Selina, McDonalds, Wyndham, Coca-Cola and more will help in his new role leading Carrols. "With all the technological advancements, if you think about it, we're still basically doing the same thing," Lee continued. Founded in 1988, we also New trendy establishments are making inroads among established burger brands. Franchisee Lists are some of the best lead lists you can get your hands on and because there are so many types of franchises in so many different industries and niche markets, no matter what kind of leads your sales team needs, one of our franchise owners marketing lists will fit your needs. McDonalds offers specialty burgers and often tests new food concepts. JFC additionally serves as an international franchisee for a number of brands, includingDunkin' Donuts andBurger King. Inspire Brands is majority-owned by Roark Capital. Related: Just How Much Does it Cost to Own a Fast-Food Franchise? There was a problem saving your notification. At Starwood, I learned the power of innovation at scale and the impact that a best-in-class loyalty program can have. The initial costs range from $306,200 to $641,250. However, thousands of locations remain open worldwide. Upfront costs range from $408,500 to $821,500. It offers hamburgers (the most famous being the Whopper), sodas and a variety of other foods. This company is offering new franchisees throughout the US. Burger King is a giant in the fast food industry, selling hamburgers, chicken, fries, onion rings, soft drinks, and desserts. The total investment ranges from $403,750 to $639,100. The initial costs range from $495,000 to $1,565,000. For example, Dairy Queen, while serving burgers at some of its locations, is more known for its soft serve ice cream. I took my learnings and operational best practices from larger companies and built out an entirely new routine. The total costs to get started range from $1,651,500 to $2,638,000. In my last role at Selina, I learned how to thrive in a start-up culture. Our listings and rankings are solely research tools you can use to compare opportunities. Though its a nationally recognized brand, the company still has markets available in most states. These franchises are especially popular in locations with a lot of tourist activity. The franchise owner can sell the business and land, earning a huge return on investment. Its much easier to start a Burger King restaurant and immediately get access to a built-in customer base wherever you happen to live. The chain currently operates in California and Nevada. Like our page to get updates throughout the day on our latest debunks. To help accomplish this, I have implemented three initiatives since starting at Carrols. 3 rank on this years Franchise Times Restaurant 200 listwhich ranks the biggest restaurant franchise owners in the U.S.with approximately $1.7 billion in sales in 2021. Filter your search by startup capital required. Here is what the president is looking for. The company uses gourmet ingredients and allows customers to customize their burger. marketing campaigns, and opened franchising opportunities to grow Burger King The company offers turkey and veggie burgers, a growing trend in the burger segment. But I was even more moved by the fact that the Company shares my dedication to providing employees with the training and support they need to succeed and advance in their roles and build a life-long career. And the upfront costs range from $1.3 to $2.2 million. Locations in a chain can be owned by one corporate owner or by individual franchisees. At McDonalds, I learned about brand standards and the importance of structured processes to transform an iconic brand. Find out below. The total initial investment ranges from $1,008,000 to $2,214,080 for franchises. Caliburgersgoal is to bring its Southern California style burgers and fresh-cut fries to people around the world. The holding company's portfolio also includes Eddie Bauer, Pacific Sunwear of California, and Next Model Management. The company has a long history that dates back to the 1950s. I used to love it when I would be working a job that caused me to pass one I knew of, and they mowed it down and put a drugstore in its place. Want to go international? For instance, if you dont quite have enough staff to cover customer orders for the first week, you can expect some assistance and training help for the first week or so of your operations. Burger King offers meetings, evaluations, a grand opening event, and a toll-free phone number to call for problems to to Burger King franchise owners. On our first initiativeachieving operational excellence and enhancing the overall guest experiencewe began by focusing on improving speed, service and food quality. The total investment ranges from $1 million to $1.3 million. USA TODAY reached out to the user who shared the claim for comment. The fee for a franchise is $50,000 per location, with deals sometimes available for those developing multiple units. BurgerFi offers chef-inspired hamburgers made with Angus beef and fresh toppings. 'Begin To Seek Other Employment': Jenny Craig Ominously Warns Employees of Mass Layoffs, Bankruptcy, Why Having a Contingency Plan Is So Important and How to Develop an Effective One, These Are the Top 200 Global Franchise Brands in 2023, Top Financing Tips All Aspiring Franchisees Should Know, Wendy's Is Giving Away Free Food While Mercury Is in Retrograde, 2 Simple Steps to Predict Your Business Future and Success, Getting access to extensive financial assistance. At minimum, a franchise email list should include names, email addresses and phone numbers. Let's discuss the importance of contingency planning, what a comprehensive contingency plan should include and how to implement one effectively. The franchise term is renewable, but the first 20 years of operations should be plenty of time to determine whether you want to keep running your Burger King franchise or look for another opportunity after it expires. For example, you can access a corporate newsletter and grand opening support for your first week of operations. The initial investment is estimated between $1,865,000 and $4,115,000. In 2018, activist investor Barington Capital Groupencouraged the company to spin off or sell some of the chains to focus on Outback Steakhouse. The restaurant is not limited to red meat. The company also has an established process for getting a new restaurant up and running. Learn everything there is to know about how online lead generation is successfully done for your franchise. Wendys offers franchising opportunities throughout North America. Identify the perfect franchise for you! The initial startup costs range from $743,130 to $1,404,535. Pillsbury added to the menu, increased Theres a Even the interior decor may be the same. The affordable menu makes it popular and accessible in nearly any market. Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. Those costs vary depending on the location, popularity of the brand, and size of the restaurant. Culvers is a burger eatery known for its fresh ingredients and hospitality and its famous Butter Burger. WebThis is a list of countries with Burger King franchises. and multi-unit chain franchises. Read more:Burger King's parent company is rumored to be considering buying Papa John's. Are you eager to see what else is out there? WebBurger King is apparently a popular franchise option for celebrities because Michael Strahan who played for the New York Giants and who was recently co-host with Kelly Ripa on Live with Kelly is also a Burger King franchise owner as well. This past quarter, it outperformed the U.S. Burger King system by approximately 10 percent. The company's court filing seeking the closures indicated other locations could follow suit. Thats what ultimately drew me to Carrolsknowing it was a company that is committed to developing its people and helping them grow. The initial fee is $25,000. And no reputable media outlets are reportingany overall closure. The full initial investment ranges from $333,100 to $3,398,600. Wendys has since become one of the most recognizable names in fast food. Read more:Arby's former CEO is building a fast-food empire. Burger King Franchise Owners List by FranchiseComplaints.org - Issuu Burger King Franchise Owners List Burger King Franchise Owners List Published on Apr 2, Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee. Carrols Corporation is headquartered in Syracuse, New York. Elevation Burger is the countrys first organic burger chain. WebBurger King: $10 billion in system-wide U.S. sales Taco Bell: $9.8 billion in system-wide U.S. sales Wendys: $9.3 billion in system-wide U.S. sales Dunkin Donuts: $9.2 billion in system-wide U.S. sales Chick-fil-A: $9 billion in system-wide U.S. sales Dominos: $5.9 billion in system-wide U.S. sales Restaurant Brands International expects to close hundreds of underperforming units from its three brands, Burger King, Tim Hortons and Popeyes Louisiana Kitchen, as part of a broad look at its store portfolio around the world. I had to be agile and do more with less. That brand-name recognition will help you make money more quickly than starting an independent burger joint chain. Franchise contracts last for 20 years, and are Gibbs says he believes scale is becoming increasingly important. Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Lawsuit accuses Burger King of false advertisement of food size. Stay abreast of hot issues with our quarterly magazine. It now has locations in 38 states and 9 countries. Email notifications are only sent once a day, and only if there are new matching items. Starting a Burger King franchise could be the best way to launch your business dreams and thrive as a business owner in no time. Browse franchises that are similar to Burger King. BK Owner List Chick-Fil-A Owner List The total upfront costs range from $368,000 to $982,000. This interview has been edited for length and clarity. Franchising fees range from $27,000 to $40,000. In September, Inspire Brands announced it would be acquiring burger chain Sonic for $2.3 billion, including debt. The fee for a franchise is $30,000. Its a fast-casual style chain with chef-inspired menu items. Pena succeeded Dan Accordino, who retired after 50 years at the public New York-based company. The closures were attributed to "unforeseen business circumstances" and a lack of agreement between the franchisee and Burger King Corp., the outlet reported. You're tired of "portals" being black boxes, and so are we. Also part of the better burger segment of the industry, Mooyah features fresh American beef. Related: More Fast-Food Franchises Go Lean. Catch up on the latest franchise news, trends, and more. to the fast food powerhouse it is today. WebThis is on top of the initial investment required, usually between approximately $1.8 million and $4.2 million. MultipleBurger King locations have closed in recent weeks for reasons that includebankruptcy and disputes between franchise owners and the corporation. The total costs range from $105,000 to $500,000. Burger King allows franchise partners to have some input in site selection and security and safety procedures. There have been several dozen locations affected by closures across the U.S. in recent months. We have already seen positive results since implementing these initiatives a few months ago. Meridian Restaurants Unlimited, one of Burger Kings largest franchisees with 118 locations, declared federal bankruptcy protection this month, citing a combination of low sales and skyrocketing costs for food and labor. What about the initial days of running your Burger King? The fee for the franchises is $37,500. Have questions? What you need to know: Net worth is the value of a person's assets minus liabilities. However, it also may be more costly and you will have to give up some control. We strongly believe in the potential of the brand and the prospects of the collaborative relationship between Burger King and its franchisees. Luckily, youll learn about these resources and tools through the in-depth training program youll have to complete to become a Burger King franchisee. All these burgers look a hell of a lot better than anything Ive seen from McDonalds. McDonalds is perhaps the biggest name in this niche and one of the biggest franchises in the world. All rights reserved.