Food
Culver's
Fast-casual restaurant chain known for ButterBurgers and frozen custard.
Business overview
Culver’s is a beloved regional franchise offering cooked-to-order burgers and custard. The investment to build a Culver’s is substantial, roughly $2 million to $5 million depending on land and construction. The franchise fee is $55,000. Prospective owners are usually required to have a net worth around $2 million and $500,000 or more in liquid assets. Royalties are 4% of sales and marketing fees around 2.5%. Culver’s strong following in the Midwest (and expanding beyond) is due to its quality food and hospitality, giving franchisees a loyal customer base in their markets.
Research factors
Detailed questionnaire data has not yet been independently reviewed for this franchise.