How much profit does a Whataburger franchise make?
How much profit does a Whataburger franchise 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.3 nov 2021
How much does it cost to open up a Whataburger?
Whataburger Franchise Cost / Initial Investment / Whataburger Franchise. The total investment required to open a Whataburger restaurant is $1.2 million.
How much do you make as a franchise owner?
The average franchise owner in the United States makes around $75,000 to $125,000 a year. That's definitely much more than the average salary of a college undergraduate with less than five years of experience, or around $50,000.10 sept 2020
Whataburger operates franchises in Texas, Arizona, New Mexico, Oklahoma, Louisiana, Arkansas, Mississippi, Alabama, Florida and Georgia. The original Whataburger restaurant is in Corpus Christi, Texas, where it was originally headquartered, but has since moved operations to San Antonio, Texas.
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.14 dic 2020
How much does Whataburger franchise make?
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.3 nov 2021
When was Whataburger franchise?
Type Private
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Founded August 8, 1950 Corpus Christi, Texas, U.S.
Founder Harmon Dobson, Paul Burton
Headquarters San Antonio, Texas , U.S.
Number of locations 824 as of April 2018
When did Whataburger expand out of Texas?
1959: First Whataburger outside Texas opens in Pensacola, Fla. Since Chicago-based BDT Capital Partners acquired a majority stake in Whataburger in 2019 to expand it, the San Antonio chain has been pushing deeper into the Midwest and Southeast.17 sept 2021
What is the cheapest fast food franchise to open?
Chick-fil-A is among the most successful fast-food chains in the U.S., and it's also one of the cheapest to open.13 ene 2016