Type Of Expenditure | Cost Low/High | Payment Type | When Due | To Whom Paid |
---|---|---|---|---|
Initial Franchise Fee | $25,000 | Lump Sum | Upon Agreement | Burger 7 |
Rent and Security Deposit (2) | $4,500 to $12,000 | As Arranged | As Arranged | Lessor |
Leasehold Improvements | $150,000 to $200,000 | As Arranged | As Arranged | Contractor |
Furniture, Fixtures, Equipment and Signage | $100,000 to $150,000 | As Arranged | As Arranged | Suppliers |
Initial Training Costs | $6,000 to $12,000 | As Arranged | As Arranged | Employees and Suppliers |
Computer Hardware and Software | $8,000 to $12,000 | As Arranged | As Arranged | Accountants, Lawyers, Etc. |
Initial Inventory / Supplies | $10,000 to $15,000 | As Arranged | As Arranged | Suppliers |
Uniforms | $500 to $2,000 | As Arranged | As Arranged | Suppliers |
Professional Services | $2,000 to $5,000 | As Arranged | As Arranged | Accountants, Lawyers, Etc. |
Grand Opening Promotional Expenses | $1,000 to $10,000 | As Arranged | As Arranged | Suppliers |
Insurance (9) | $450 to $3,000 | As Arranged | As Arranged | Insurance Broker |
Licenses and Permits | $700 to $6,000 | As Required | As Required | Government Agencies |
Addtional Funds for Initial 3 Month Period | $20,000 to $30,000 | |||
TOTAL | $328,950 to $450,000 |
How much is the franchisee fee?
Within the United States, the initial franchisee fee is $25,000.
How much are the royalty and advertising fees?
BURGER 7® Franchisees pay 5% every week (gross sales minus the sales tax). In addition to the royalty fee, the advertising fee is 2%.
How much does it cost to open a BURGER 7® restaurant?
While the initial franchise fee is $25,000, each location is different and the initial investment varies depending on restaurant size, build out costs, location, etc. The average Burger 7® located in the Washington DC metropolitan area cost $328,950 - $450,000.
How much money will I make?
Our team is not permitted to furnish any oral or written information concerning actual or potential sales.
Actual results vary from restaurant to restaurant and we cannot estimate the results of any particular franchise.
Who will build my restaurant?
We will provide detailed blueprints from our Store Design team as well as recommended contractors that we have used; Nevertheless, you are responsible for hiring a contractor to build your location.
Why do I have to order my supplies from your vendor?
We require all franchisees to order food from an approved food distributor.
This ensures that all BURGER 7® restaurants have the best quality food while allowing maximum savings and maintaining consistency.
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