- 2024 Franchise 500 Rank
-
#268 Not ranked last year
- Initial investment
-
$1.1M - $2.6M
- Units as of 2024
-
102 3.0% over 3 years
Farmer Boys is an established franchise chain specializing in farm-fresh meals with a variety of American cuisine to choose from. Farmer Boys is known for its stacked sandwiches, award-winning burgers, and hearty breakfasts. They strive to allow their customers to taste the difference between farm-fresh food and fast food, and their franchisees know it.
Founded in 1981, Farmer Boys started their journey precisely as it sounds: with five brothers on a farm. They were raised working the fields and tilling the earth, knowing what it takes to make good food and what good food should taste like after a long day's work. The brothers sold their first franchise back in 1997. Since then, Farmer Boys has grown to over 60 U.S. franchises, as well as more than 25 company-owned restaurants. They are actively looking to expand their reach even further.
Why You May Want to Start a Farmer Boys Franchise
Farmer Boys is looking for a franchisee dedicated to outstanding service. Franchisees should also be family-friendly and hungry for brand growth. The ideal candidate is resourceful, timely, dedicated, and persistent. If this tenacious spirit of ingenuity sounds like you, opening a Farmer Boys franchise may be the right move for you.
Breakfast, burgers, and more isn't just a slogan for Farmer Boys but a specialty. Franchisees will be given every tool to grow their store location, including marketing, management systems, and local resources. Franchisees receive expert training and ongoing consultant beyond just starting up their franchise.
What Might Make a Farmer Boys Franchise a Good Choice?
Opening a Farmer Boys franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
Farmer Boys has been ranked in Entrepreneur’s Franchise 500 several times in recent decades. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
How To Open a Farmer Boys Franchise
To be part of the Farmer Boys 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.
A typical franchise agreement runs for 20 years. Franchisees may be allowed to renew their agreement at the conclusion of the 20 years if they meet the Farmer Boys requirements.
Before making any financial commitment or signing an agreement with Farmer Boys restaurants, you must perform your due diligence and establish if this is the right opportunity for you. Ensure that you take time to explore the opportunity. Research the brand and your local area to see if a Farmer Boys franchise would do well in your community. You may want to speak to existing franchisees and ask the Farmer Boys team any questions.
Company Overview
About Farmer Boys
| Industry | Food |
|---|---|
| Related Categories | Hamburgers |
| Founded | 1981 |
| Parent Company | Farmer Boys Franchising Co. |
| Leadership | Joseph Ortiz, President & COO |
| Corporate Address |
3452 University Ave. Riverside, CA 92501 |
| Social | Facebook, Twitter, Instagram |
Business Overview
| Franchising Since | 1997 (27 years) |
|---|---|
| # of employees at HQ | 29 |
| Where seeking |
This company is offering new franchises in the following US states: Arizona, California, Nevada, Utah |
| # of Units | 102 (as of 2024) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Farmer Boys 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
|
$45,000 |
|---|---|
|
Initial Investment
|
$1,056,000 - $2,610,500 |
|
Net Worth Requirement
|
$1,000,000 |
|
Cash Requirement
|
$300,000 - $400,000 |
|
Veteran Incentives
|
25% off franchise fee |
|
Royalty Fee
|
5% |
|
Ad Royalty Fee
|
3% |
|
Term of Agreement
|
20 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.
| In-House Financing | Farmer Boys offers in-house financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
|---|
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 | 400 hours |
|---|---|
| Classroom Training | 80 hours |
| Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 30 |
|
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Farmer Boys landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Farmer Boys ranked on other franchise lists? Find out below.
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