Franchisor

Summary of Culver's ButterBurgers & Frozen Custard Franchise

Franchisor Name

Culver's ButterBurgers & Frozen Custard

Status

Active

Visit Franchisor Website

Business Opportunity

You will operate a Culver’s® Restaurant offering burgers, sandwiches, salads, dinners, frozen custard desserts, beverages and other menu items in a quick-service setting.

Corporate Structure

Culver Franchising System, Inc. was incorporated in the State of Wisconsin on July 24, 1987 under the name Culver Franchising System, Inc. Their principal place of business is 1240 Water Street, Prairie du Sac, Wisconsin 53578.

Investment and Franchisee Fees

The total investment necessary to begin operation of a Culver’s® Restaurant is from $514,800 to $3,520,000. This includes a $30,000 to $55,000 initial franchise fee that must be paid to the franchisor.

Franchisor Background

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 > QSR

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

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

4.0% of revenue

Distribution of Culver's ButterBurgers & Frozen Custard Franchisees

Culver's ButterBurgers & Frozen Custard Franchise System Development in 2017

FAQ

How much investment do I need to start my own Culver's ButterBurgers & Frozen Custard business?

Franchisees typically require at least $1,845,000 to $4,155,000 investment to get their Culver's ButterBurgers & Frozen Custard business started

What are the initial franchise fees for Culver's ButterBurgers & Frozen Custard?

Franchisees typically need to pay at least $55,000 in fees directly to Culver's ButterBurgers & Frozen Custard in order to earn the right to launch their business

How much money can I make with a Culver's ButterBurgers & Frozen Custard franchise? What are the average revenues for a typical Culver's ButterBurgers & Frozen Custard business?

We haven’t done the math on how much revenue a typical Culver's ButterBurgers & Frozen Custard brings in each year. We estimate that other franchisees in the Food & Beverage industry general revenue, so we would expect Culver's ButterBurgers & Frozen Custard to generate a similar amount

How long do I need to commit to running a Culver's ButterBurgers & Frozen Custard unit? What is my contractual commitment?

Culver's ButterBurgers & Frozen Custard 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!