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Jake’s Hamburgers

jakeslogo.JPGFresh food, not fast food - 18 yr old, award winning hamburger, milkshake franchise. Family oriented concept

Background

Year Established: 1991
Year First Franchised: 2002
Franchised Units: 5
Company Owned Units: 8
Projected New Units (12 months): 24
States/Countries Registered In: ALL
Availability in Canada: single and multi units
States, from which Broker Referrals are being accepted: ALL

Financial/Terms (Single/Multiple)

Cash Investment: Single - $75K / $225K Multi (3) store unit
Total Investment: Single - $150K -$300K / Multi (3) store unit:$450K-$900K
Minimum Net Worth: $250K
Franchise Fee: $35K single store / $75K Multi (3) store unit
Discounts: VetFran $5K on franchise fee
VetFran Program Participant: Yes
Royalty: 5%
Ad: 2% National advertising fee 2% local advertising fee
Average # of Employees: 6-12 part-time, full-time
Passive Ownership Allowed: Yes, as long as certain qualifications are met
Earnings Claims: No

International Expansion:
International Opportunities: Yes
Countries, outside of United States, where the concept is currently available or plans to expand: UK, Canada, Australia
Single Unit Availability: No
Multiple Unit Availability: Yes
Master Availability: Yes

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