Burger 21
Burgers- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$428K - $1.1M
- Units as of 2016
-
23 130.0% over 3 years
Company Overview
About Burger 21
- Industry
- Food
- Related Categories
- Hamburgers
- Founded
- 2010
- Leadership
- Mark Johnston, CEO
- Corporate Address
-
8810 Twin Lakes Blvd.
Tampa, FL 33614
Business Overview
- Franchising Since
- 2011(12 years)
- # of employees at HQ
- 60
- Where seeking
-
This company is offering new franchisees in the following US states:
- # of Units
- 23(as of 2016)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Burger 21 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
- $27,000 - $40,000
- Initial Investment
- $428,247 - $1,085,164
- Net Worth Requirement
- $600,000
- Cash Requirement
- $250,000
- 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
franchisees.
- Third Party Financing
- Burger 21 has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll
提供培训和支持
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 2 weeks
- Classroom Training
- 4-6 weeks
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField Operations
- Marketing Support
-
Co-op AdvertisingAd TemplatesRegional Advertising
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
- 30-45
- Are exclusive territories available?
- Yes
Interested in ownership opportunities like Burger 21? Request a free consultation with a Franchise Advisor now.
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