Culver's Franchise For Sale - Restaurant
Culver's Franchise Opportunities
Culver Franchising System, Inc., doing business as Culver's, is a privately owned and operated casual fast food restaurant chain that operates primarily in the Midwestern United States. The company was founded in 1984 and is based in Prairie du Sac, Wisconsin.
Culver's also provides franchise services. As of 2018, the company owns and operates 661 franchises in the United States.
How to open a Culver's franchise?
- Ensure you have adequate capitalization.
In order to open a Culver's franchise, you must have a net worth of more than $2,000,000.
- Appreciate the investment required for a franchise.
You will need to consider building and real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
- Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a Culver's franchise owner.
- Assess market availability.
You will want to look at the market availability for Culver's franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
- Submit your application.
Your application will be reviewed by the Culver's franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
- Receive approval & opening your Culver's franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
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How much does Culver's franchise cost?
Culver's has the franchise fee of up to $55,000, with total initial investment range of $2,043,000 to $4,652,000.
Initial investments: $2,043,000 - $4,652,000
Net-worth Requirement: $350,000 - $600,000
Initial Franchise Fee: $55,000
Ongoing Royalty Fee: 4%
Ad Royalty Fee:2.5%
On-The-Job Training: 550 hours
Classroom Training: 172 hours
Number of Employees Required to Run: 40 - 50
Culver's franchise info: https://www.culvers.com/franchise/overview
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- Starting investments from:$2,043,000
- Company type:Restaurant
- Company foundation year:1984
- Year of launching the franchise1988
- Franchise enterprise:661
- Corporate Address:1240 Water St. Prairie du Sac, WI 53578, USA