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Entrepreneur: Start & Grow Your Business

The Counter

Build-your-own-burger restaurant

Background

Founded: 2003 Franchising since: 2005
8571 Higuera St.
Culver City, California 90232
Phone:
(310)559-3355


Franchisor is a privately-held company with 10 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 21 0 2 2
2008 15 0 2 1
2007 4 0 0 0
2006 1 0 0 1
2005 1 0 0 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: Counties

Costs and Fees

Total investment: $591.1K-2.5M
Franchise fee: $50K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Net worth requirement: $1M
Cash liquidity requirement: $500K
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills

Operations
  • 50% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 15 - 15
  • Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2 weeks
  • At franchisee's location: 2 weeks

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • Co-op advertising
  • Ad slicks
  • Regional advertising