Do you want to start a fast food business by buying Burgerim franchise? If YES, here is how much it cost to open a Burgerim franchise and their requirement.
If you are interested in opening a Burgerim franchise in your location, then ensure you read through this article. Good enough, Burgerim is looking for franchise owners who are outgoing and have sales, marketing, and/or management experience, and who are result oriented.
A person who can build relationships, lead a team, and who has the motivation to excel. You must have a minimum of $50k in liquid capital, and be ready to make a full-time commitment.
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How to Open a Burgerim Franchise
If you are cool with the requirements and finance involved in acquiring this franchise, then you would need to follow these steps to achieve your dream of owning a Burgerim franchise.
- Appreciate the investment required for a restaurant franchise.
You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
- Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a Burgerim franchise owner.
- Assess market availability.
You need to look at the market availability for Burgerim franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
- Submit your application.
Your application will be reviewed by the Burgerim franchise team. You will be emailed a confirmation receipt upon reception of your online application.
- Receive approval & opening your Burgerim franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
- Attend their training
They have an initial training program of 137 hours. This includes 5 hours of classroom training and 132 hours of on-the-job training. In their FDD they outline who’s in charge of the training.
Financial Requirements for Buying a Burgerim Franchise
- Franchise Fee: $50,000
- Initial Investment: $150,000 – $400,000
- Net-worth Requirement: $100,000
- Liquid Cash Requirement: $50,000
- Initial Franchise Fee: $50,000
- Total Investment: $194,700 to $683,000
- Working Capital: $5,000 to $15,000
- Royalty Fee: 5%
Why Buy a Burgerim Franchise?
The Burgerim concept is at home in urban and suburban areas. Their Business model allows them to place Burgerim stores in diverse areas such as business plazas, universities, art districts and near stadiums. They can even adapt the restaurant according to the location to increase interest and overall sales.
From the moment you sign up, they help you provide financing for your total investment. They utilize their relationships with SBA and 3rd party vendors to ensure that you qualify for any loans you need. Their financial team assists first-time borrowers in qualifying for loans. Burgerim’s legal advisors will work with franchisees on leases and other agreements.
- Renovation and Fit Out
From finding a location and signing a lease, the franchise will provide full support in finding an architect, creating a detailed design, completing necessary permits, and the construction process.
Once your store is completely renovated, their Operations team steps in for support. Thirty days prior to opening, they will be there to help you hire employees and to train you and your team. This training is also included in the franchise fee. After training your team, your kitchen will be stocked and you can count on continuing support from Burgerim as your business grows.
- Soft Opening/Grand Opening
Before hosting your grand opening, Burgerim will work with you on a soft opening period so you have time to assess your team and get to know your community before ramping up marketing efforts. When the time comes, the Burgerim marketing team will be on site for your store’s grand opening celebration, managing media exposure, developing promotions, and sharing samples of your delicious Burgerim fare.
- Ongoing Support
Franchisees can count on Burgerim – not just at the beginning, but throughout the life of their franchise. They welcome franchise owners to the Burgerim family and look forward to succeeding together.
- Branding and Marketing
Burgerim takes branding very seriously. They know that a strong marketing and advertising team ensures long-term sustainability and success. Prior to the store even opening, they determine target demographics and construct a detailed objective outline. Their Grand Opening events are their time to shine. Throughout the day, they will pass out samples, promotional material and help introduce your community to your location.
Post-Grand Opening, they maintain excitement through all marketing avenues – social media, email blasts, local and national advertising on radio, television and on-line ads. Their marketing department believes in constant communication and they speak daily with each franchisee to ensure sales goals and promotions are successful.
What You Must Know About Burgerim Franchise
Burgerim is a global fast-food hamburger franchise. Burgerim is Hebrew for “multiple burgers.” Burgerim franchise offers gourmet burgers custom made to satisfy any craving. They have their corporate headquarter in Encino, California. It is a lower cost Burger franchise in the QSR and fast casual space. They specialize in mini customizable burgers. The company was founded in 2008 and they began franchising in 2014.
As of the 2019 Franchise Disclosure Document, there are 23 franchised Burgerim locations in the USA. It offers a wide choice among a variety of meats, buns, toppings, and sides. Burgerim franchise suggests an attractive and supple alternative to fast food.
Burgerim’s menu includes 11 tasty varieties of 2.8 oz burger patties, including classics like beef, turkey and veggie along with lamb, salmon, and other proteins. A variety of toppings, salads, and sides allow every guest to build a satisfying and filling meal.
Burgerim is an innovation in fast-casual dining. Their sleek, contemporary design, high-tech lighting, and comfortable seating create an atmosphere that is welcoming, relaxed and suitable for all types of gatherings. From family lunches to business meetings, Burgerim offers an inviting and flexible alternative to fast food.
Burgerim is specialized in deliveries and catering events. With their special boxes of 1,2,3 and 16, Burgerim catering makes every event special, from corporate lunch to birthday party’s and more. Based on 2019 FDD data, Burgerim has franchise locations in 5 states. The largest region is the West with 17 franchise locations. They are in California, Florida, Nevada, Tennessee, and Texas.