- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$433K - $882K
- Units as of 2021
-
7
Built Custom Burgers is an international burger restaurant designed to be “the fast-casual version of The Counter,” Built Custom Burgers is a place people can go to create burgers the way they like. The burgers are designed by (and for) you, from picking your meat and sauce to choosing your toppings and bun.
Built Custom Burgers has taken the possibilities of personalized burgers and turned it into a process with six steps. One of these options includes a burger in a bowl instead of the traditional sandwich-style on a bun. Built Custom Burgers believes it is as unique as its custom burgers are.
The company was founded in 2013 and began franchising the following year. Since then, Build Custom Burgers has opened several locations around the world.
Why You May Want To Start a Built Custom Burgers Franchise
Franchisees who enjoy innovation might find Built Custom Burgers to be a good franchise option. Franchisees should be dedicated and strive for excellence, working to meet the needs of employees and customers so that everyone can enjoy brand success. Other valuable attributes for franchisees to have include integrity, decisiveness, and a good work ethic. Leadership skills are also important, as more than 15 employees are required to operate a Built Custom Burgers franchise.
A typical franchise agreement runs for ten years. Franchisees may be allowed to renew their agreement if they meet the Built Custom Burgers requirements. Tasks franchisees could find themselves working on include hiring employees, selecting a building site, and overseeing marketing.
What Might Make a Built Custom Burgers Franchise a Good Choice?
To be part of the Built Custom Burgers franchise team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Built Custom Burgers franchising team questions.
How To Open a Built Custom Burgers Franchise
Franchisees aren’t left alone after they sign on for a Built Custom Burgers franchise. The franchisor offers several days of classroom training and a few weeks of on-the-job training. Built Custom Burgers also provides help with lease negotiations and grand opening operations. Franchisees also receive proprietary software, safety and security procedures, field operations, and marketing help. Marketing help comes in many forms, from a loyalty program and app to marketing.
As you decide if opening a Built Custom Burgers franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Built Custom Burgers franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Company Overview
About Built Custom Burgers
Industry | Food |
---|---|
Related Categories | Hamburgers |
Founded | 2013 |
Parent Company | MTY Franchising USA Inc. |
Leadership | Eric Lefebvre, CEO |
Corporate Address |
9311 E. Via de Ventura Scottsdale, AZ 85258 |
Social | Facebook, Twitter |
Business Overview
Franchising Since | 2014 (10 years) |
---|---|
# of employees at HQ | 227 |
Where seeking |
This company is offering new franchises worldwide. |
# of Units | 7 (as of 2021) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Built Custom Burgers franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$30,000 |
---|---|
Initial Investment
|
$432,500 - $881,500 |
Net Worth Requirement
|
$800,000 - $2,000,000 |
Cash Requirement
|
$200,000 - $2,000,000 |
Veteran Incentives
|
20% off franchise fee |
Royalty Fee
|
5% |
Ad Royalty Fee
|
3% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Built Custom Burgers has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 120 hours |
---|---|
Classroom Training | 40 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 20 |
Are exclusive territories available?
|
No |
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