Culver Franchise
Thursday, April 29, 2010 at 10:26PM Quick-service restaurants serving hamburgers, chicken, sandwiches and frozen custard
After working with his parents in their restaurants, Craig Culver decided it was time to open one for himself. In 1984 Culver, with the help of his wife Lea and parents George and Ruth, transformed the A&W his parents owned since the sixties into Culver's Frozen Custard.
Its founder's family inspired the menu for the initial Sauk City, Wisconsin, restaurant. When Culver's mother made hamburgers, she would put a dab of butter on the crown of the hamburger buns before toasting them; something her children felt made them taste better. Today, employees at each Culver's location use the same technique when making their ButterBurgers.
There are Culver's locations in twelve states. All Culver's franchise business owners are owner/operators.
Start-up Costs & Franchises Fees
What is the total cost to open a Culver Franchises?
Total Cost: $340,400-$2,900,000 USD
Total Franchise Fees: $50,000 USD
Ongoing Royalty Fees: 4%
Ongoing Advertising Fees:
Term of Agreement: 15 years
Franchise Agreement Renewal Fee: $30K
Contact Information for Culver
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Culver Franchising System Inc. |
Phone Number: (608)643-7980 |
Culver In the Press
No results at this time.Historical Expansion
In what year did Culver begin operations? 1984
When did Culver begin selling franchises? 1988
Year United States Canada International Corporate 2005 267 0 0 5 2004 252 0 0 5 2003 218 0 0 5 2002 175 0 0 5 2001 175 0 0 5
Future Expansion
United States: Colorado, Iowa, Illinois, Indiana, Kansas, Maryland, Michigan, Minnesota, Nebraska, North Dakota, Ohio, South Dakota, Texas, Wisconsin,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No Yes Payroll No Yes
Training & Support
Support
In the Pressletter, Meetings, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
30% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 40 - 50
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
Jason Rager | Comments Off | 



