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  Home  >>  Fast Food Restaurants  >>  Hamburgers/Traditional




Fatburger
1218 Third St. Promenade
Santa Monica, CA 90401-1308


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Business Description

The classic hamburger stand, serving cooked-to-order burgers at an open grill since 1952. Also serving grilled chicken-breast sandwiches, freshly made onion rings and real milkshakes in a fun environment with a unique R & B jukebox.

Franchisor Background

Year Established:  1952

Franchising Since:  1980

Operating Units:

Franchised Units:

33

56.9%
Company-Owned Units:2543.1%
 
Total Operating Units:
58
100.0%
 
Geographic Distribution:
U.S.:58100%In 7 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
58
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Nevada10
2. California39

Registered in Following Registration States: California, Illinois, Maryland, New York, Washington

Financial Requirements

Investment:
Minimum Net Worth: $1.25MM
Cash Investment:$750K+
Total Investment:$370-730K
Average Total Investment:$550K
 
Fees:
Initial Franchise Fee:$40K
Average Franchise Fee:$40K
On-Going Royalty:6%
Average Royalty:6%
Advertising Fee:2%
 
Average Number of Employees: 16-40 Full-time, 0 Part-time

Space Needs (in square footage): 1,800-2,000

Preferred Sites: Free-standing Building, Storefront, Strip Center

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: Yes

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:4
General Business Experience:5
Specific Industry Experience:3
Formal Education:2
Psychological Profile:5
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:15/10/10 Year(s)
Term of Renewal Period: Year(s)
Passive Ownership:Allowed
Area Development Agreements?Yes, for 1 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?No
 
Support and Training
 
International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff: 30
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?No
 
Marketing Support:
Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Not Applicable
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Not Applicable
 
Training:
1. Certified Training Centers8 Weeks
2. On-Site7-10 Days
 
Expansion Plans
 
Projected New Units Over Next 12 months: 8

U.S.:

Yes, All United States
Canada:Yes, All Canada
Overseas:No
Submit an online form to receive information from Fatburger.