Back Yard Burgers Inc.

Back Yard Burgers Inc.

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Promoted Opportunities

Initial Investment

LOW: $1,000,000
HIGH: $2,000,000

Change in Units

Company Profile

Founded

1986

Franchising Since

1988 (29 Years)

Corporate Address

500 Church St., #200 Nashville, TN 37219

Parent Company

Back Yard Burgers, Inc.

About Back Yard Burgers Inc.

In 1986, supermarket owner Lattimore Michael was bored with his business. After reading an article about restaurants with a double drive-thru, he knew what he wanted to do–start the same kind of restaurant. In 1987, the first Back Yard Burgers opened in Cleveland, Mississippi. There are now locations throughout the South and Midwest.

Back Yard Burgers cooks 1/3-pound specialty hamburgers and ¼-pound chicken sandwiches with toppings ranging from hot pepper sauce to grilled pineapples. In 1999, Back Yard Burgers was named the exclusive food concessions operator for the Memphis Zoo. Visitors can order hamburgers and other favorites at two cafes and from carts throughout the zoo.

The company went public in 1993 under the symbol BYBI on the NASDAQ market.

Financials

Financial Requirements

Initial Investment

$1,000,000 - $2,000,000

Net-worth Requirement

$750,000

Liquid Cash Requirement

$500,000

Ongoing Fees

Initial Franchise Fee

$25,000

Ongoing Royalty Fee

4%

Ad Royalty Fee

1%

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
See List

Operations & Franchisor Support

Training Onsite: 2 weeks

Training at headquarters: 6 weeks

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 35

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The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: July 31st, 2014

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