Hamburger Mary's Franchise
Sunday, January 31, 2010 at 05:18PM Open-air bar and grill
Started in San Francisco in 1972, Hamburger Mary's serves homestyle meals prepared using fresh and healthy ingredients, including low-fat beef, farm-fresh chicken and turkey, and salads, as well as desserts including carrot cake, snicker's pie and cheesecake. The restaurants include a full bar and a kids' menu.
Start-up Costs & Franchises Fees
What is the total cost to open a Hamburger Mary's Franchises?
Total Cost: $250,000 USD -$1,000 USD ,000 USD
Total Franchise Fees: $50,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees:
Term of Agreement: 5 years
Contact Information for Hamburger Mary's
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Hamburger Mary's Bar & Grille |
Phone Number: (949)729-8000 |
Historical Expansion
In what year did Hamburger Mary's begin operations? 1972
When did Hamburger Mary's begin selling franchises? 1999
Year United States Canada International Corporate 2005 11 0 0 1 2004 14 0 0 1 2003 13 0 0 1 2002 9 0 0 0 2001 8 0 0 0
Future Expansion
Countries of Interest: Australia,New Zealand, Mexico, Western Europe,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No No Payroll No Yes
Training & Support
Support
Meetings, Toll free phone number, Grand opening support, Internet referrals, Field support and site evaluation
Franchise Operation Restrictions
8% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 40
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
Industry experience One partner must have bar/restaurant management experience
Jason Rager's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must use my system to receive these benefits and so much more. Click here.
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