|
Below is an in-depth analysis and side-by-side comparison of Culver vs BurgerFi including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $2,349,000 - $5,356,000 | $613,600 - $987,250 |
Franchise Fee | $55,000 | $37,500 |
Royalty Fee | 4% | 5.5% |
Advertising Fee | 2.5% | 1.5% |
Year Founded | 1984 | 2011 |
Year Franchised | 1988 | 2011 |
Term Of Agreement | 15 years | 10 years |
Term Of Agreement | 15 years | 10 years |
Renewal Fee | $30K | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | - | 3 weeks of training at our corporate locations for your general manager, your kitchen manager and your front of the house manager. *Teaches your key management staff what they need to run your restaurant. *When your store opens we also provide a trainer to assist you at your location for the first week. *Training continues with your personal Franchise Business Advisor who works with you step by step on an ongoing basis. |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | BurgerFi provides an extensive training and support program to help you every step of the way. |
Marketing | Ad slicks, National media, Regional advertising | - |
Operations |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 - 50
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
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. There are Culver's locations in twelve states. All Culver's franchisees are owner/operators.
We’re looking for leaders with the initiative and skills to take a team of people and operate a Culver’s according to our high standards. You need energy and enthusiasm. You have to be willing to work hard. You have to love people and believe, as we do, that having a great heart is also good business.
Culver’s has grown to over 500 restaurants in 22 states.
BurgerFi is changing what America thinks about burgers. Our Natural Burgers are a healthful, wholesome and guilt free indulgence made from fresh, never frozen Natural Angus beef that is hormone and antibiotic free and raised humanly to create the best tasting burger possible. All beef dogs, real dairy fresh frozen custard and fresh cut fries, as well as craft beer and wine, are all served up in our urban hip design setting. You can join in the BurgerFication of the Nation with your own BurgerFi in your town.