Culver's ButterBurgers & Frozen Custard Analysis

Databases

Pricing

Franchisor

Summary of Culver's ButterBurgers & Frozen Custard Franchise

Franchisor Background

Franchisor Name

Primary Brand Name of Franchisor

Culver's ButterBurgers & Frozen Custard

Year Founded

Year when franchising entity was formed

2017

Parent Company

Corporate owner of franchising entity

Culver Franchising System, LLC

CEO

Chief Executive Officer of Franchisor

Joseph Koss

Franchise Units

Size of franchisee system

634

Industry

High level industry category

Food & Beverage

Initial Franchisee Requirements

Net Worth Required

Minimum net worth required to be franchisee

Unknown

Liquid Capital Required

Minimum liquid capital required to be franchisee

$350,000

Minimum Investment

Lowest reported franchise investment cost

$1,845,000

Maximum Investment

Highest reported franchise investment cost

$4,155,000

Minimum Franchise Fee

Minimum initial fee payable to franchisor

$55,000

Maximum Franchise Fee

Maximum initial fee payable to franchisor

$55,000

Other Considerations for Franchisees

Royalty Fees

Typically as a % of revenue

Advertising Fees

Typically as a % of revenue

3.00%

Initial Term

Length of initial franchise agreement

15 years

Renewal Term

Length of franchise agreement if renewed

10 years

Number of Franchisor Lawsuits

Between franchisors and franchisees

Number of Director Bankruptcies

Franchisor directors, and franchise entities