At a Glance
Products & Services: Frozen custard, specialty burgers
Number of Locations: 490
Total Investment: $1.44M - 3.08M
Began Franchising: 1988
About Culver Franchising System Inc.After working with his parents in their restaurants, Craig Culver decided it was time to open one for himself. In 1984 Culver, with the help of his wife Lea and parents George and Ruth, transformed the A&W his parents owned since the sixties into Culver's Frozen Custard.
Its founder's family inspired the menu for the initial Sauk City, Wisconsin, restaurant. When Culver's mother made hamburgers, she would put a dab of butter on the crown of the hamburger buns before toasting them; something her children felt made them taste better. Today, employees at each Culver's location use the same technique when making their ButterBurgers.
There are Culver's locations in sixteen states. All Culver's franchisees are owner/operators.
Arizona, Colorado, Iowa, Illinois, Indiana, Kansas, Kentucky, Maryland, Michigan, Minnesota, Midwest, Nebraska, North Dakota, Ohio, South Dakota, Southeast, Southwest, Texas, West, Wisconsin, Wyoming.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $55,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 15 years, renewable
Liquid Cash Available: $350,000 - $600,000
Operations30% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 40 - 50. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
|Financing Type||In-House||Third Party|