Rank no. 361 – The Counter Custom Built Burgers – US
Products & Services: Build-your-own-burger restaurant
Number of Locations: 39
Total Investment: $750.5K – 2.52M
Began Franchising: 2005
About The Counter Custom Built Burgers
The Counter first opened in 2003 and began franchising in 2005. At each restaurant, customers receive a clipboard with a list of ingredients to choose from in order to build a customized burger. Sandwiches, sides and desserts are included on the menu as well, along with fountain drinks and a selection of beers and wines.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $50,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Net Worth: $750,000
Liquid Cash Available: $250,000
50% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 15 – 15. Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators).