My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Farmer Boys Restaurants
#206 Franchise 500| Burgers, breakfast, sandwiches, salads, sides

About
Founded

1981

Franchising Since

1997 (21 Years)

Corporate Address

3452 University Ave.
Riverside, CA 92501

CEO

Demetris Havadjias

Parent Company

Farmer Boys Food Inc.

Financial Requirements
Initial Investment

$1,063,500 - $1,613,500

Net-worth Requirement

$750,000 - $1,000,000

Liquid Cash Requirement

$300,000 - $500,000

Ongoing Fees
Initial Franchise Fee

$45,000 - $45,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

3%

Financing Options

Farmer Boys Restaurants has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment

Support Options
Ongoing Support

Purchasing Co-ops

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

Regional Advertising

Social media

SEO

Loyalty program/app

On-The-Job Training:

480 hours

Classroom Training:

60 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

30

Farmer Boys Restaurants is ranked #206 in the Franchise 500!
Bio
During the 1970s, brothers Makis and Chris Havadjias worked in restaurants to earn money for college. They helped the owners of one of those restaurants rebuild the establishment, and later bought it. With the experience they gained at that first restaurant, the brothers bought a poorly performing restaurant in Perris, California, that they built into Farmer Boys.

With the help of their three other brothers, the Havadjias expanded Farmer Boys throughout Riverside and San Bernardino counties in Southern California. Each location serves hamburgers, sandwiches, salads and a full breakfast menu. The company began franchising in 1998.

Cost
Initial Investment: Low - $1,063,500 High - $1,613,500
Units
+1.1%+1 UNITS (1 Year) +23.6%+17 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units in the following regions/states:
Arizona, California, Nevada
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

Can Colleges Teach People How to Franchise?

Long neglected by business schools, franchising is finally gaining a foothold in the world of higher ed. But will students follow?

The 4 Ways Associations Can Help Franchisees

While independent franchisee associations can be viewed as confrontational, when all involved parties get talking, the groups can be a collaborative source of support and education.

A Buzzing Business: How These Entrepreneurs Turned a Longtime Annoyance Into Successful Careers in Pest Control

Mosquito Joe franchisees Kurt and Melissa Godwin share how their second career helped create a better work-life balance for them.

The 5 Attributes of Franchises Growing with Velocity

Some franchise concepts can amplify growth with the right attributes. Learn how to spot them.

How This Franchisor Found Sweet Success With an Ice Cream Experiment

Creamistry's Jay Yim took a crazy experiment in his garage and grew it into a global ice cream brand.

Disclaimer

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: September 26th, 2017