Burger King Franchise For Sale - Fast Food Restaurant
Burger King Franchise Opportunities
Burger King Corporation, restaurant company specializing in flame-broiled fast-food hamburgers. It is the second largest hamburger chain the the United States, after McDonald’s. In the early 21st century, Burger King claimed to have about 14,000 stores in nearly 100 countries. Headquarters are in Miami, Florida.
Burger King's menu has expanded from a basic offering of burgers, French fries, sodas, and milkshakes to a larger and more diverse set of products. Beginning in 2011, the company began to move away from its previous male-oriented menu and introduce new menu items, product reformulations and packaging, as part of its current owner 3G Capital's restructuring plans of the company.
How much does Burger King franchise cost?
Burger King has the total initial investment from $323,100.
Initial investments: $323,100 - $3,076,600
| Name of Fee | Low | High |
|---|---|---|
| Franchise Fee | $15,000 | $50,000 |
| Travel and Living Expenses while Training | $0 | $25,000 |
| Real Property/ Occupancy Charge | $90,000 | $850,000 |
| Civil & Architectural Drawings / Professional Fees | $10,000 | $45,000 |
| Zoning Expenses | $1,000 | $25,000 |
| Improvements / Construction | $25,000 | $950,000 |
| Landscaping | N/A | $60,000 |
| Equipment | $84,600 | $294,600 |
| Decor Package | $0 | $88,000 |
| Signage & Drive-Thru | $3,000 | $166,000 |
| Pre-Opening Wages | $28,000 | $61,000 |
| Opening Inventory | $2,500 | $12,000 |
| Cash and Inventory Control System | $35,000 | $60,000 |
| Insurance | $8,000 | $25,000 |
| Working Capital / Additional Funds | $15,000 | $90,000 |
| Business Licenses, Utility Deposits, Lease Deposits, and Payments | $6,000 | $30,000 |
| 2-Story Interior Playground | N/A | $245,000 |
| Estimated Total* | $323,100 | $3,076,600 |
* The estimated initial investment range covers from an indoor MRS facility restaurant type with 0-20 seats up to a ROC 2502 restaurant type with 72-80 seats and full size co-branded facility with 20/20 image (50-80 seats).
Ongoing Fees
Royalty: 4.5% of monthly gross sales
Advertising: 4% of monthly gross sales
Building Improvement Payments (certain BKLs only): $500 per month
Late charges/ Interest/ Stamp tax: lesser of 18% per annum or maximum rate allowed by Florida law
New Franchisee Training Fee: $2,500
Burger King regions of the presence: www.bk.com/international
Burger King Franchise Info: www.bk.com/franchising/home
Burger King Franchise Testimonials: www.bk.com/franchising/testimonials
Burger King website: www.bk.com
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Other fees for Burger King Franchise
| Type of Fee | Amount |
|---|---|
| Royalty | 4.5% of monthly gross sales. |
| Advertising | 4% of monthly gross sales. |
| Rent (where property leased from he franchisor) | Varies. |
| Building Improvement Payments (certain BKLs only) | $500 per month. |
| Late charges/ Interest/ Stamp tax | Lesser of 18% per annum or maximum rate allowed by Florida law. |
| Transfer of Interests | $2,000 |
| Application Fee | $250 - $5,000 |
| New Franchisee Training Fee | $2,500 |
| Entity or LLC Fees | Up to $5,000 per Entity; plus up to $1,000 per restaurant transferred to Entity or LLC. |
| Franchise Extension Fee | $2,500 annually. |
| Investment Spending (marketing) | Collectively agreed upon amount. |
| Sales Transfer Study | $5,000 - $8,000 Per Restaurant |
| Sales Impact Contribution | Varies. |
| Gift Card Services | Varies. |
| BK GURU / Daily Planner Subscription Fee | $560 annually |
| Digital Fee | $25 per screen per month |
| Miscellaneous Reimbursements, Purchases, Services | Varies. |
| Follow Up Walk-Thru | $1,500 |
| One Time Cure Fee | Varies depending upon whether franchisee is under the TRA or the MTRA. |
| Site Re-approval Fee | $5,000 |
| Remodel Default Payments | Monthly amount equal to $4,000 multiplied by the number of Restaurant remodels that the franchisee fails to timely complete in connection with the purchase from the franchisor of those franchisor-owned Restaurants |
| Deferred Remodel Default Payments | Royalty rate increases to 6% if franchisee fails to complete the remodel to the franchisor’s specifications by the date specified in the addendum to the Franchise Agreement. Royalty increases to 6% from the remodel due date until the date the franchisor confirms that the remodel meeting specifications is complete. |
| Audit Expenses | Will vary under circumstances. |
| Indemnity | Will vary under circumstances. |
| Costs and Attorneys' Fees | Will vary under circumstances. |
| Background Check Fee | $3,800 - $8,000 |
| BK McLamore Foundation Scholarship | $1,000 per restaurant per year. |
- Starting investments from:323 100 $
- Company type:Restaurant
- Company foundation year1956
- Year of launching the franchise1956
- Franchise enterprises:16,770
- Corporate Address:5505 Blue Lagoon Dr, Miami, FL 33126, US
- list of countries with Burger King franchises:United States, Mexico, Canada, Netherlands, UK, Ireland, India, Indonesia, Hong Kong, Pakistan, Saudi Arabia, Thailand, South Africa, Kenya, Egypt and others
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