|
Below is an in-depth analysis and side-by-side comparison of Culver vs Tossed 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 | $263,500 - $397,000 |
Franchise Fee | $55,000 | $25,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | 2.5% | 1% |
Year Founded | 1984 | 1998 |
Year Franchised | 1988 | 0 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | $30K | - |
Business Experience Requirements |
||
Experience | - | Although a food background is certainly helpful, it is not required but we highly recommend your store operator be experienced in day to day food service operations. We are looking for franchisees that have a strong business background that can operate multiple units. Tossed is the ideal expansion vehicle for existing knowledgeable operators. More important than experience in the food service industry, you should have the following qualities: customer service orientation, the ability to train and motivate, enthusiasm, energy and willingness to follow our systems. |
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 | - | A training team will train your management and staff with the necessary skills to provide excellent customer service. |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Our franchise core is designed to provide you with the tools and support you need to make Tossed the first choice for potential customers. The support begins before you open your restaurant with a development team that will assist in creating the Tossed environment. Once your restaurant is open, ongoing follow-up support will be provided to insure that systems and specifications are in place. |
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 | - |
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.
Our franchise program supports the franchisee whether you are a single unit operator, or you choose to build multiple locations. Benefits of a Tossed Regional Developer * Opportunity to own the exclusive rights to develop Tossed restaurants in your territory * The ability to recruit franchisees within your territory * Supervision over the development and operations of the franchisees operating within your territory * Receive half of the initial franchisee fees that are collected from franchisees in your territory * Receive half of the franchisee royalty fees that are collected from franchisees in your territory Duties * Construction * Preliminary real estate location analysis * Training * Lease negotiations * Pre/post opening support * Architectural/store layout * Marketing support As we expand across the country, we remain completely committed to providing the freshest, healthiest food and world class customer service.