Culver's
#9 Franchise 500| Frozen custard, specialty burgers

About
Founded

1984

Franchising Since

1988 (32 Years)

Corporate Address

1240 Water St.
Prairie du Sac, WI 53578

Leadership

Joseph Koss, CEO

Financial Requirements
Initial Investment

$1,970,000 - $4,714,000

Liquid Cash Requirement

$350,000 - $600,000

Ongoing Fees
Initial Franchise Fee

$55,000 - $55,000

Ongoing Royalty Fee

4%

Ad Royalty Fee

2.5%

Financing Options

Culver's has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives

$10,000 off franchise fee

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

On-The-Job Training:

550 hours

Classroom Training:

172 hours

Number of Employees Required to Run:

40 - 50

Culver's is ranked #9 in the Franchise 500!
Bio
After working with his parents in their restaurants, Craig Culver decided it was time to open one for himself. In 1984 Culver, with the help of his wife Lea and parents George and Ruth, transformed the A&W his parents owned since the sixties into Culver's Frozen Custard. Its founder's family inspired the menu for the initial Sauk City, Wisconsin, restaurant. When Culver's mother made hamburgers, she would put a dab of butter on the crown of the hamburger buns before toasting them; something her children felt made them taste better. Today, employees at each Culver's location use the same technique when making their ButterBurgers.
Cost
Initial Investment: Low - $1,970,000 High - $4,714,000
Units
+7.2%+48 UNITS (1 Year) +24.6%+141 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units in the following regions/states:
Alabama, Arkansas, Arizona, Colorado, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Carolina, North Dakota, Ohio, South Carolina, South Dakota, Tennessee, Texas, Utah, Wisconsin, Wyoming

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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: August 29th, 2019