
Boomarang Diner
'50s-and-'60s-themed restaurants- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$191K - $1.1M
- Units as of 2021
-
53 3.9% over 3 years
Company Overview
About Boomarang Diner
Industry | Food |
---|---|
Related Categories | Miscellaneous Full-Service Restaurants, Burger Restaurants |
Founded | 2006 |
Parent Company | Boomarang Diner Franchising LLC |
Leadership | Ron Degraffenreid, President |
Corporate Address |
2330 N. Harrison St. Shawnee, OK 74804 |
Social | Facebook, Twitter, Instagram |
Business Overview
Franchising Since | 2006 (17 years) |
---|---|
# of employees at HQ | 11 |
Where seeking |
This company is offering new franchisees throughout the US. |
# of Units | 53 (as of 2021) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Boomarang Diner 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
|
$0 - $25,000 |
---|---|
Initial Investment
|
$191,250 - $1,136,000 |
Net Worth Requirement
|
$200,000 |
Cash Requirement
|
$150,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
3% |
Ad Royalty Fee
|
1.5% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
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 | 230 hours |
---|---|
Classroom Training | 30 hours |
Ongoing Support |
Purchasing Co-ops
Meetings & Conventions
Grand Opening
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
|
Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
Yes |
Interested in ownership opportunities like Boomarang Diner? Request a free consultation with a Franchise Advisor now.
Additional Rankings
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