Information You Need:
NAME OF FRANCHISOR:
Fatburger North America, Inc.
DESCRIPTION OF BUSINESS:
Fast casual, take-out & sit down hamburger restaurant.
Fresh, 100% pure lean beef burgers, grilled in front of customer. Large portions and distinctive seasonings.
Fatburger hamburgers served with a wide assortment of fresh condiments; chili; chili dogs; steak fries; fresh cut onion rings; real hand-scooped ice cream shakes.
COMPANY OWNED UNITS:
Fatburger operates in the USA and over 25 countries across the globe. Current operating Fatburger territories include U.S.A., Canada, Europe, Africa, Asia, and the Middle East.
U.S. FRANCHISE FEE:
INTERNATIONAL FRANCHISE FEE:
Varies by region, market size, and development term.
6% of gross sales.
Franchisees must presently contribute up to 2.00% of gross sales to the national or international marketing budget, as well as spend at least 2.00% of gross sales on local marketing.
TOTAL REQUIRED INVESTMENT:
Approximately $504,000 to $881,000 per unit. International costs vary with the local market, contact the Franchise Development Department to discuss. Company strongly prefers multi-unit franchise agreements in International markets and when entering new domestic markets. (Required investment is based off U.S. development costs. International store development costs will vary based on the local market)
NET WORTH REQUIREMENTS
- Fatburger requires a minimum net worth of $1,500,000 (excluding automobiles, furnishings and personal residences), with a minimum of $500,000 in liquid assets. Liquid assets are defined as those which can be converted to cash within thirty (30) days.
- The cost of establishing a Fatburger restaurant will vary according to the size of the facility, relative land issues and the extent of necessary leasehold improvements. Twenty-five percent of the total cost must be funded from personal resources. The remainder may be funded through traditional financial institutions or our approved lending sources
FRANCHISE TERRITORY OPPORTUNITY
- Qualified individuals can now multiply their opportunity by owning exclusive development rights to multiple Fatburger restaurants in a specified area. Minimum net worth requirements of the multi-unit franchisee will be reviewed on an individual basis. The multi-unit franchisee will have to demonstrate that he/she possesses the financial strength and organization to maximize the development of the territory.
- Your initial investment will vary based on the size of the restaurant and local conditions.