BurgerFi Int'l. LLC

At a Glance

Products & Services: Burgers, hot dogs, fries, onion rings, custards

Number of Locations: 50

Total Investment: $587K - $1M

Founded: 2011

Began Franchising: 2011

Franchise Units

Year U.S. Canadian International Company Owned
2014 43 0 0 7
2013 29 0 0 4
2012 10 0 0 2
2011 0 0 0 2
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $587,000 - $1,019,000
Franchise Fee: $37,500
Ongoing Royalty Fee: 5.5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $1,000,000
Liquid Cash Available: $500,000
Operations
70% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 35. Absentee ownership of franchise is NOT allowed. (80% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 15 days+. At franchisee's location: 10 days+.
Ongoing Support: Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Regional advertising,
Other marketing support: Social media

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