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2021 Franchise 500 Rank
#5 Ranked #9 last year
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Initial investment
$2.4M - $5.4M
Units as of 2021
808 21.1% over 3 years

Company Overview

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.

About Culver's

Industry
Food
Founded
1984
Parent Company
Culver Franchising
Leadership
Rick Silva, CEO

Franchising Overview

Franchising Since
1988 (33 years)
# of employees at HQ
148
# of Units
808 (as of 2021)

Franchisor Information

Corporate Address
1240 Water St.
Prairie du Sac, WI 53578

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Culver's franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$55,000
Initial Investment
$2,398,000 - $5,432,000
Cash Requirement
$350,000 - $600,000
Veteran Incentives
$10,000 off franchise fee
Royalty Fee
4%
Ad Royalty Fee
2.5%
Term of Agreement
15 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Culver's has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
550 hours
Classroom Training
172 hours
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
40-50
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Culver's landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Culver's ranked on other franchise lists? Find out below.

Ranked #5

Franchise 500 Ranking

Ranked #57

Fastest-Growing Franchises

Ranked #47

Fastest-Growing Franchises (U.S. & Canada)

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021