How much does a Whataburger franchise owner make?

How Much Does Whataburger Make in Profit? Whataburger hasn’t made their profit details known to the public. But an unofficial estimate shows that a franchise owner makes an average profit of $94,000 to $122,600 annually. This falls in line with other burger chain concepts.

How much does a Whataburger franchise make a year?

Whataburger: $2.1 million.

How much does it cost to open a Whataburger franchise?

The initial investment for a franchise costs $545,500 to $894,500, with an initial franchise fee of $40,000. The brand’s ongoing royalty fee is from 5 percent to 6 percent, and they charge an advertising fee of 2 percent.

How do you become a Whataburger owner?

The company, founded by Harmon Dobson and Paul Burton, opened its first restaurant in Corpus Christi, Texas, in 1950. Family-owned by the Dobsons until 2019, the chain is now managed by a private equity firm along with the Dobson family still holding a small stake.

Is Wat a burger franchise profitable?

“We have franchised more than 45 outlets in the last three years,” he says and claims that the figure is more than that of any other homegrown burger brand. Farman says Wat-a-Burger is profitable except when its restaurants were shut during the nationwide lockdown to curb the spread of COVID-19 last year.

Does Mark Wahlberg own Whataburger?

Wahlburgers, legally Wahlburgers Franchising LLC, is a casual dining burger restaurant and bar chain. It is owned by chef Paul Wahlberg and his brothers, actors Donnie Wahlberg and Mark Wahlberg. As of January 2021, there are 49 Wahlburgers locations in the United States, two in Canada and one in Germany.

How much can you make owning a Zaxby’s?

According to industry reports, the average Zaxby’s restaurant brings in nearly $2.2 million in sales. On those sales, you are likely to make around 8.5\% EBTITDA (profits) or around $190,000 before paying above store general and administrative costs.

How much does a Whataburger franchise cost?

The required start up costs for a Whataburger franchise are $600,000 which includes the construction of the building. The average sales per unit of a Whataburger is $1,709,000/yr2 with a projected growth of 4.1\%.

How much does it cost to buy a franchise?

Most franchise companies require a new franchisee to pay a one time initial fee to become a franchisee. This fee can be as low as $10,000 to $15,000 or as high as the sky–in some cases well over $100,000. The average or typical initial franchise fee for a single unit is about $20,000 or $35,000.

How much does it cost to franchise?

Most franchise fees are between $20,000 and $50,000. In some cases, you may see franchise fees less than $20,000. These franchises with lower franchise fees are usually home-based or mobile franchises. The franchise fee usually covers the cost of training (not including travel expenses), support and site selection.

What a burger franchise cost?

Individual Unit Costs Initial Investment: $613,600-$987,250 Initial Franchise Fee: $37,500 Royalty Fee: 5.5\% Advertising Fee: 1.5\% Term of Agreement: 10 years