2/10

Franchimp Summary Rating

2 /10
Higher than 88% of peers

Franchise Summary

Description
Hamburger restaurant
Company Background
B-Bop's is a family-owned and operated restaurant in the heart of Grand Rapids, Michigan. We serve up delicious hamburgers made with fresh ingredients that are sourced locally whenever possible. Our goal is to provide our customers with both quality products and quality service at every visit.
Franchise Opportunity
Americans are eating more unhealthy foods and not enough fruits and vegetables. According to the Centers for Disease Control and Prevention, more than one-third of American adults are obese. And, nearly 10% of children aged 2-19 years are obese. This is a major problem that is only going to get worse if we don't take action now. B-Bop's is a hamburger restaurant that is committed to serving healthy, delicious food that will help improve America's health crisis. We use only fresh ingredients and our menu includes burgers, chicken sandwiches, salads, and sides like fruit and vegetables.
Corporate Structure
B-Bop’s Franchising Corp is an Iowa corporation with its principal office located at 939 Office Park Road, Suite 333, West Des Moines, Iowa 50265. They began offering franchises for B-Bop’s Restaurants in November, 1994.
Investment and Franchisee Fees
The total investment necessary to begin operation of a B-Bop’s Restaurant franchise ranges from $648,700 to $986,200. This includes the $20,000 that must be paid to the franchisor. The range does not include the cost of purchasing or leasing real estate.

Distribution of B-Bop's Franchisees

B-Bop's Franchise System Development in 2016

FAQ

How much investment do I need to start my own B-Bop's business?
Franchisees typically require at least $1,128,200 to $2,514,200 investment to get their B-Bop's business started
What are the initial franchise fees for B-Bop's?
We don't know exactly how much the franchise fees are for B-Bop's, but we can tell you that other franchises in the Food & Beverage sector typically need to pay between $13,088 and $18,818 to the franchisor
How much money can I make with a B-Bop's franchise? What are the average revenues for a typical B-Bop's business?
We haven’t done the math on how much revenue a typical B-Bop's brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect B-Bop's to generate a similar amount
How long do I need to commit to running a B-Bop's unit? What is my contractual commitment?
B-Bop's franchisees are typically required to sign up to a 15 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

2 /10
The Franchisor's investment costs ranges from $238,200 to $1,927,500 which is Much Higher than the $0 to $0 average in the Quick Service Restaurants (QSR) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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