Hwy 55 Burgers, Shakes & Fries

Hwy 55 Burgers, Shakes & Fries

'50s-style diners
Find out what franchise is right for you
Units as of 2019
136 (11 added in 3 years)
8.1%
2021 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$154K - $250K

Company Overview

About Hwy 55 Burgers, Shakes & Fries

Industry
Food
Founded
1991
Leadership
Kenney Moore, CEO

Franchising Overview

Franchising Since
1993 (28 years)
# of employees at HQ
30
Where seeking

This company is seeking new franchisees in the following international regions: Africa, Asia, Australia/New Zealand, Middle East, Europe (Eastern), Europe (Western), Central America, Canada, South America, Mexico

# of Units
136 (as of 2019)

Franchisor Information

Corporate Address
102 Commercial Ave.
Mount Olive, NC 28365

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Hwy 55 Burgers, Shakes & Fries 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
$25,000
Initial Investment
$153,925 - $249,925
Net Worth Requirement
$500,000
Cash Requirement
$125,000
Veteran Incentives
10% off franchise fee
Royalty Fee
5%
Ad Royalty Fee
1%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Are you unsure which franchise is right for you?

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
Hwy 55 Burgers, Shakes & Fries 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
40 hours
Classroom Training
40 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
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
20
Are exclusive territories available?
Yes

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Franchise 500 Ranking History

Compare where Hwy 55 Burgers, Shakes & Fries landed on this year’s Franchise 500 Ranking versus previous years.

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Related Franchises

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Title
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Title
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Role
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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
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