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
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- 汉堡21已经与第三方源头的关系es which offer financing to cover the following: 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
- 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.
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 ourPrivacy Policy
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Burger 21.
Hommati
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
Do You Have Enough Capital to Fund a Franchise? Here's How to Find Out.
This is everything you need to know about funding a franchise.
5 Tips for First-Time IFA Convention Attendees
Get ready for the franchising industry's biggest trade show event of the year.
How Franchisees Can Use Technology to Change Consumer Behavior
Here's how franchisees can tap into consumer behaviors using strategic messaging and offers that speak to clients wants and needs.
Which Franchise Is Right for You? Start By Evaluating Your Goals.
How do you narrow thousands of possibilities down to the one perfect franchise for you?
The Top 9 Coffee Franchises for 2023
These concepts continually rank as the top franchises in the coffee and tea industry.
Find Out Which Brands Have Ranked on the Franchise 500 for Longest, Earning a Spot In our New 'Hall of Fame'
Looking to buy an A-list franchise? These brands have been the strongest for the longest.