Hwy 55 Burgers, Shakes & Fries

Hwy 55 Burgers, Shakes & Fries

'50s-style diners
Find out what franchise is right for you
2021 Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$154K - $250K
Units as of 2019
136 8.8% over 3 years

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
# 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

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?
Yes
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

Franchise 500 Ranking History

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

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read our Privacy Policy

Related Franchises

Are you eager to see what else is out there? Browse more franchises that are similar to Hwy 55 Burgers, Shakes & Fries.

Boomarang Diner Franchising LLC

Boomarang Diner Franchising LLC

'50s-and-'60s-themed restaurants
CarePatrol

CarePatrol

Senior living placement, referral, and consulting
Counter, The

Counter, The

Build-your-own-burger restaurants

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Judge rejects lawsuit against McDonald's for racial discrimination

Two brothers accused the fast food chain of awarding African Americans establishments in less favorable locations.

Entrepreneur en Español

· 2 min read

Burger King Announces Donation Efforts to LGBTQ Organization, Taking a Jab at Chick-fil-A

Burger King aligns its new menu item with donation efforts for Pride month.

Chloe Arrojado

· 2 min read

Entrepreneur Franchise of the Day: Pet Supplies Plus

Jack Berry and Harry Shallop opened the first supermarket-style pet food and supply store in Redford, Mich., and today Pet Supplies Plus is in the top 25 of the Entrepreneur Franchise 500.

5 Essential Elements Franchisees Need to Know about Their Franchise Agreement

If you are thinking about buying a franchise, give your full attention to the legal contract that connects you to the brand.

Manish Vakil

· 5 min read

5 Affordable Franchises You Can Start for Less Than $10,000

You don't need to be rich to start your own business.

Matthew McCreary

· 2 min read

Entrepreneur Franchise of the Day: Kumon Math and Reading Centers

The tutoring franchise is tops in industry and the No. 6 business on the Entrepreneur Franchise 500.

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