Culver’s

Is Starting a Culver's Franchise Right for You?

Culver's, known for its delicious ButterBurgers, frozen custard, and cheese curds, is a popular fast food chain with a strong reputation for its franchising program. If you're an entrepreneur looking for a franchise opportunity, Culver's could be a good fit. Here's what you need to know.

Why Choose a Culver's Franchise?

Culver's has a loyal customer base and a proven track record of success. The franchise model is designed to be easy to understand, even for those with limited experience in the fast-food industry.

Here are some key benefits of starting a Culver's franchise:

• Strong Brand Recognition: Culver's is a well-known and respected name in the fast-food industry, giving you a head start on building your customer base.
• Proven Business Model: The Culver's franchise system has a proven track record of success, providing you with the tools and resources you need to succeed.
• Hands-On Ownership: As a Culver's franchise owner, you'll be involved in the day-to-day operations of your business, giving you a sense of ownership and control.
• Dedicated Support: Culver's offers comprehensive support to its franchisees, including site selection assistance, training, marketing, and financial support.

Territory Exclusivity

Culver's provides exclusive territory protection to its franchisees, ensuring that you're the only Culver's restaurant within a designated radius. This helps minimize competition and allows you to focus on building your local customer base.

Positive Franchisee Reviews

Current Culver's franchisees consistently praise the company's supportive and helpful nature. They appreciate the guidance and resources available to them, particularly when it comes to finding the right location and negotiating leases.

Support Resources for Franchisees

Culver's is committed to helping its franchisees succeed. Here are some of the support resources you can expect:

• Site Selection Assistance: Culver's helps identify potential locations for your restaurant.
• Lease Negotiation Support: Culver's assists you in negotiating lease agreements with property owners.
• Grand Opening Support: Culver's provides resources to help you with a successful grand opening.
• Training and Development: You'll receive comprehensive training, both in the classroom and on-the-job, to prepare you for running your restaurant.
• Marketing and Advertising Support: Culver's provides guidance and resources for national and regional advertising, including website marketing and search engine optimization (SEO).

Cost of Starting a Culver's Franchise

The initial investment for a Culver's franchise ranges from $2.3 million to $5.8 million, depending on factors such as location and your net worth. This includes a franchise fee of $55,000 and a required net worth of $1.25 million. You'll also need approximately $500,000 to $750,000 in liquid assets.

In addition to the initial investment, you'll need to pay ongoing royalty fees of 4% and an advertising royalty fee of 2.5%. The franchise agreement term is 15 years.

Financial Assistance

Culver's offers limited financial assistance for veterans, providing a $10,000 discount on the franchise fee. They also have established relationships with banks and credit unions that can help you secure financing for your franchise.

Training Requirements

Culver's provides extensive training to ensure your success. You and your staff will participate in a comprehensive training program that includes:

• Classroom Training: 172 hours of classroom training.
• On-the-Job Training: 550 hours of on-the-job training.
• Manager in Training Program: You and your staff will attend a Manager in Training Program at Culver's headquarters.
• Franchisee Development Training Program: You'll participate in a 16-week training program at your restaurant or a designated Culver's location.
• Ongoing Training: You'll be required to participate in ongoing training programs to stay up-to-date on best practices and industry standards.

Ready to Start Your Culver's Franchise?

If you're looking for a strong franchise opportunity with a supportive franchisor, Culver's could be a good choice for you. Contact Culver's today to learn more about their franchise program and how you can become a part of their success story.