Burgerim
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What to know about Burgerim franchise? The franchise offered is for a fast-casual burger restaurant operating under the name "Burgerim". A Burgerim restaurant offers lunch and dinner menus for dine-in, take-out, or delivery, and operates using the franchisor's proprietary recipes, formulas, techniques, trade dress, trademarks, and logos. The franchisee will be required to purchase food, paper goods, and other supplies from the franchisor or an authorized supplier. The franchisee will also be required to pay the franchisor a percentage of their gross monthly sales as a franchise fee. Some of the key provisions in the franchise agreement include: - Site selection criteria - Construction requirements and timelines - Training requirements - Ongoing support from the franchisor - Franchise fee and advertising fund contributions; - Trademark usage guidelines. Burgerim opened its first U.S. location in 2016 and rapidly grew to over 200 locations by 2019 The company was founded in Israel in 2011 and currently has restaurants in 19 countries. Burgerim is based in Encino, CA. Scroll down to learn more! How much does a Burgerim franchise cost? Are you wondering how much is a Burgerim franchise? Before starting a Burgerim franchise, it is important to know the franchise fee, working capital and other costs required to start the business. The minimum investment amount required to open a Burgerim franchise is $194,700 and can go all the way up to $683,000. Keep in mind, you should also allocate additional funds to live off of while the Burgerim business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Burgerim franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Burgerim business 2) pass break even 3) hit significant income. After (and if) you pass the point of earning significant income from your Burgerim franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.
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