What are the minimum financial requirements?
A prospective franchisee must have a minimum net worth of $500,000 and at least $150,000 liquid.
What is the initial investment?
The estimated minimum investment to open your own Grumps Burgers begins at $250,000, which includes the one time Franchise Fee of $19,500. This does not include the purchase of the property or the building.
What are the Royalty Fees?
The Royalty Fees are 5.5% of Gross Revenues per month.
How much money can I make?
There are many factors that determine how much money can be made, such as location, sales, your financing/lease terms, expenses, your ability to manage and control operating and other costs associated with the business, etc. We believe that we have put together an all-inclusive system, that if followed, will help make you successful.