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. Access your favorite topics in a personalized feed while you're on the go. Hardees is a popular franchise founded by Wilbur Hardee in Greenville, North Carolina in 1960. Franchise MultipleBurger King locations have closed in recent weeks for reasons that includebankruptcy and disputes between franchise owners and the corporation. This list comes complete with phone numbers, addresses, and names of each Burger King franchise owner in the United States. Contact +1 315 424 0513 968 James Street, Even the interior decor may be the same. Business Insider Restaurants feature drive-thru and drive-in service. Here's what the chairman says he looks for in a brand. to the fast food powerhouse it is today. Find out below. The menu is the same. Read more:Arby's former CEO is building a fast-food empire. Gibbs says he believes scale is becoming increasingly important. In addition to However, thousands of locations remain open worldwide. Pillsbury added to the menu, increased I am, at heart, a people person and have always been drawn to the humanity of these industries, recognizing that success requires careful attention to the customer and employee experience. The original restaurants were designed to be open-air cafes. 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. Franchise incomes vary by location. Burger King is found Youll need to be able to front $500,000 in liquid assets to prove your net worth, too. For your on-the-job training, you must visit different restaurants in your local area or Miami. Some hamburger franchises have been left our list. Still, much of its business derives from the success of its famous burger, The Whopper. The company also has an established process for getting a new restaurant up and running. In 2018, activist investor Barington Capital Groupencouraged the company to spin off or sell some of the chains to focus on Outback Steakhouse. For example, a well known fast food restaurant in a popular city is likely to cost more than a small drive-thru associated with a relatively new brand. Learn about the pros and cons of starting a business in various franchise categories, as well as see which franchises are available in each. 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. Intrigued by fascinating founder stories and quirky business ideas, Callie takes the lead on any executive moves and emerging brands in franchising, plus merger and acquisition news for our monthly Dealmakers e-newsletter. The Burger King franchise fee is $50,000, and requires a total investment of anywhere between $316,100 and $2,660,600. Explore franchises and business opportunities by industry and category. The initial fee is $35,000. Burger King allows franchise partners to have some input in site selection and security and safety procedures. Order now to get instant access to the complete List of Burger King franchise owners! If you've ever wanted to start a drive-thru and enter the fast-food industry, you already know why a Burger King franchise could be the way to go. The brand famous for having some of the bigger burgers around, Fatburger offers both U.S. and international opportunities around the world. With our friends and neighbors, we are working together to provide fundamental support to ongoing charitable services. Innovative offerings include turkey burgers. A Texas-based franchise owner permanently ended operations in Michigan, which led to more than two dozen Burger King locations in the state shuttering between March 2023 and April 2023,according to the Detroit Free Press. Nontraditional Burger King facilities can be located at other sites, like retail sites, gas stations and convenience stores. We are focused on quickly identifying opportunities for improvement and mobilizing special teams to bring these restaurants up to Carrols operating standards using a proven playbook of best practices that are already in place at a majority of our restaurants. The total costs range from $292,000 to $774,000. Traditional Burger King restaurant facilities are self-contained and full-sized restaurants. Food [16] The average income of five famous franchises. The total upfront investment ranges from $600,000 to $1.1 million. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee. It specializes in creating quality food instead of offering endless discounts to get customers through the door. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. A Texas-based franchise owner permanently ended operations in Michigan, which led to more than two dozen Burger King locations in the state shuttering between The up-front fee is $40,000. The company also offers co-branding opportunities with sister brand Buffalos Cafe. "In the past, you've seen us be opportunistic," executive chairman Daniel Schwartz said in a call with investors on Wednesday, regarding the company's acquisition strategy. Beyond the standard fare, Burger King also offers breakfast items, salads, combo meals, and kids meals, which can be purchased and enjoyed in-store or via a drive-through. New stores in Ohio, Virginia, Illinois and other hotspots of the Burger King corporation are particularly successful. Thank you for supporting our journalism. A franchisee should have between $350,000 and $600,000 to get started. Filter your search by startup capital required. The initial investment ranges from $1,454,000 to $2,083,000 per location. These holding companies and private-equity firms often invest in or own a number of brands, in and outside of the restaurant industry. However, the company expanded in 1967 when it gained its new Burger King name, and further over the following decades. Burger King Franchise Owners List by FranchiseComplaints.org - Issuu Burger King Franchise Owners List Burger King Franchise Owners List Published on Apr 2, Here is the difference: Most consumers see chains and franchises as the same. The company is currently offering potential franchisees the opportunity to convert existing company-owned stores into franchise locations. We offer detailed franchise research and contact data reports. This is on top of the initial investment required, usually between approximately $1.8 million and $4.2 million. Burger King Franchise Cost & Opportunities 2023 | Franchise Help Our third initiative aims to turn around our underperforming restaurants. This company is offering new franchisees worldwide. Browse franchises that are similar to Burger King. 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. And the brand is known for being simple, honest and humble. Burger King consistently runs nation-wide, award-winning advertising campaigns (with slogans including Have it your way and It just tastes better) to maintain brand recognition. They (sic) closing all burger kings, reads the post. Its certainly a chain its among the most iconic burger chains in California. The initial franchise fee is $25,000. The initial fee is $25,000. Follow us on Facebook! 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. WebGet the comprehensive, up-to-date business contact data for Burger King franchise owners around the US with our verified contact database list. An In and Out Burger franchise does not exist, because all locations in this hamburger chain are privately owned by the parent company. The company is based in Canada but offers both single and multi-unit opportunities throughout the U.S. as well. This includes a $45,000 initial fee. WebOur Burger King Franchise Owners Contact Telemarketing List is now better and more accurate than ever before. Red Robin offers a dine-in experience for customers. Franchise contracts last for 20 years, and are Once you've learned the ins and outs of running a Burger King location, you'll also benefit from periodic workshops and seminars for managers. Five Guys is known for its quality ingredients and straightforward menu. My culinary challenges aside, Ive spent my first few months visiting our restaurants and meeting and listening to employees. Leveraging brand-name recognition. All rights reserved. What about the initial days of running your Burger King? All restaurants have the same logo. The initial fee is $45,000. The difficult part of this step of the franchise buying due diligence process lies in obtaining a current list of Burger King franchise owners. Burger King also offers non-traditional franchises, like stores attached to shopping centers and airports. Postal, business, printing, and communications services. P: First and foremost, I made my first Whopper sandwich. On our first initiativeachieving operational excellence and enhancing the overall guest experiencewe began by focusing on improving speed, service and food quality. We have already seen positive results since implementing these initiatives a few months ago. Burger King Who Owns Fast Food Chains Like Taco Bell, Arby's, Burger It offers hamburgers (the most famous being the Whopper), sodas and a variety of other foods. The chain is also known for being eco-friendly and pushing the envelope of the burger concept by offering alternatives like chicken and meatless burgers. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high. One of the most massive food-and-beverage giants is JAB Holding, the investment arm of the secretive Reimann family. More about the cost of owning a Burger King franchise below. Definition: The total amount necessary to begin operation of the franchise. My background is in the consumer space, having worked most of my career in the hospitality and quick-service restaurant industries. Get instant access to verified contact data for all Burger King Anti-Discrimination and Harassment Policies, Illinois Policy Governing Collection, Usage, and Retention of Biometric Identifiers and or Information. Read more:Burger King's parent company is rumored to be considering buying Papa John's. This interview has been edited for length and clarity. And locations even offer catering for special events. They are focused on raising the bar on operational excellence, especially as it relates to the guest experience; improving productivity and stemming employee turnover; and prioritizing resources to help improve our underperforming stores. Burger King is a giant in the fast food industry, selling hamburgers, chicken, fries, onion rings, soft drinks, and desserts. Pena succeeded Dan Accordino, who retired after 50 years at the public New York-based company. It looks like JavaScript is not enabled in your browser. This gives Burger King franchise owners much more personal control over their franchise agreements so they can run their stores more efficiently. The initial franchise fee is $30,000. Heres what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business. It also offers Coneys and hot dogs. The total initial investment ranges from according to Restaurant Brands International, Bankrupt Burger King franchisee closes 2 Lincoln locations, Why 2 local Burger Kings have closed their doors, 26 Burger King locations to shutter across Michigan: See the list, subscribe to our print edition, ad-free app or electronic newspaper replica here, Your California Privacy Rights / Privacy Policy. Carrols Corporation owns and operates over 1,000 restaurants under the Burger King and Popeyes brands. Our fact-check work is supported in part by a grant from Facebook. Roark's portfolio expands beyond food and beverage, with stakes in companies such as Anytime Fitness and Drybar, as well as Inspire Brands, another restaurant-centric company. Additionally, Meridian Restaurants Unlimited filed for bankruptcy in March 2023and received court permission a month later to close more than two dozen locations in seven states, as reported by the Lincoln Journal Star in Nebraska. WebBurger King Franchising Welcome to Burger Kings Franchising. and multi-unit chain franchises. 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. In addition to the instant name recognition, franchise owners get access to proven training and support.