These numbers indicate that potential earnings can vary significantly and it depends on how well the business is run, the location, and other factors. 3. Lack of information s a big reason so many people end up buying a job or making a poor decision when investing in a franchise. (Contact Franchise City for details) Multi unit owners can do very well but a single unit, unless you have a great location, is not going to generate a lot of money. How much do I need to start a burger business? .land1{background-color:#339933;padding:40px;} h4,p,h2,h3{color:#fff}.land2{background-color:#333333;padding:30px;} h4,p,h2,h3{color:#fff}.video1{background-color:#000;padding:100px;100px;100px;100px;}.e4{font-family:'Museo sans 900'!important;font-size:40px !important}.e2,.e3{font-family:'Museo sans 500' !important;}.e2{font-size:40px !important}.videoWrapperOuter { max-width:640px; margin-left:auto; margin-right:auto;}.videoWrapperInner { float: none; clear: both; width: 100%; position: relative; padding-bottom: 50%; padding-top: 25px; height: 0;}.videoWrapperInner iframe { position: absolute; top: 0; left: 0; width: 100%; height: 100%;}. As you can see, only a small number of food franchises have high earnings and many owners find themselves struggling or have just bought themselves a job. Now even at a high 10% margin estimate, an average Subway store would be netting about $41,000 a year. The company operates under the following brands: Burger King, Whopper, Fries King, and BK Express. The easiest way to build your savings is to start early. A master cleaning franchise is a great business for people with sales experience, and the average gross for a cleaning master franchise is. What is the number 1 franchise in the world? How much does it cost to own a Starbucks? We are a "Better way to Buy Franchise", Coffee Shop Franchise - Top Reasons Not To Buy, Food Franchises - Popular Brand Comparisons. It is also very difficult to get a Chick-fil-A restaurant . The franchise agreement, though, fails to imply or grant a particular kind of territory or area, protected, exclusive, or otherwise, or a protected circle of customers. 16. The biggest Latino franchisee in the country and fourth-largest U.S. Burger King franchisee, Perales, 50, who was born in Mexico, also owns 85 percent of the chain's Dallas market and is in the . The company will probably recover, but it is important to keep in mind that it is a business that can be affected by such phenomena. Burger King is a popular franchise opportunity that has been around since Whoppers were first served in 1954. But there's one major difference; the percentages are higher. and quick service restaurants franchisees are not making their money from the franchise itself. You will need an initial start-up capital of RM5,000 to RM6,000 depending on the brands and prices of the utensils you get: Average price of a metal burger stall = RM2,000 to RM3,000. Burger King franchise owners' profits have also become a problem for the company. What food franchise makes the most money? Royalty. Facts That Nobody Told You About Burger King, How much does a Burger King franchise cost. 9. Only 7% of franchise owners make more than $250,000 annually, and 51% earn less than $50,000. How much does it cost to start a [] Without advertising income, we can't keep making this site awesome for you. $7,500. What does a Burger King franchise make? The average salary of Burger King Franchise jobs will vary according to location, department, and job description. Starbucks: $13 billion in system-wide U.S. sales. The franchise agreement provides the right to operate the restaurant at a particular location. Burger King is a traditional fast food restaurant. A person can avail of an endless supply of fries and burgers with a Burger King Crown Card. They assume food franchise owners are the biggest moneymakers, but according to a Franchise Business Review report, 51.5 percent of food franchises earn profits of less than $50,000 a year and only about 7 percent of food franchises have profits over $250,000. Our Services are FREE! What are the advantages and disadvantages of EPC contracts? The franchise fee for Burger King is $50,000. We look at five of the biggest names in food franchising today, we explore how much money owners are making, and then compare food franchise earnings with other popular industries like beauty, cleaning, senior care, staffing and more. This post is not yet verified by the owner. Royalty Fee: 4.5%. It is an indirect subsidiary of Burger King Worldwide, located in Delaware. But looking at this franchisees financials can provide valuable insight into the success of the franchisor in the industry, as well as projected revenues, costs, and profits. Franchise contracts last for 20 years, and are renewable after that period. The average annual salary for a Burger King franchise owner is $175,630, according to these text messages. Top editors give you the stories you want delivered right to your inbox each weekday. Required fields are marked *. Kentucky Fried Chicken (KFC) is the most famous fried chicken recipe brand with no competitors. Full-Time. This is considerably lower than the average initial investment of $2,638,100. Or you could consider opening one up in a non-traditional location (e.g. How much did Warren Buffett pay for Shaw Industries? This training program is generally held in Florida or any other location provided by the franchisor. 10. 43. Legally, franchisors cannot give income amounts or forecasts of future income. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. There are several emerging beauty and niche concepts that do have higher numbers up to about $90K+. If you're just a regular employee you are expected to work whatever times they schedule you for and as many hours as they need you for., Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. How much do I need to start a burger business? Filings with Sacramento County indicate one of the locations will be at . McDonald's Corp.'s celebrity-sponsored meals, which have generated strong sales for the chain, are drawing criticism from franchisees who say some of the artists don't reflect the company . The average salary of Burger King Franchise is $4,061,874 in the United States. A 4.5% royalty on monthly gross sales is paid to the company, in addition to a 4% advertising fee. How many hours a week does a franchise owner work? Click here to visit the Employee Portal. They may also reveal information or provide tips on interviewing skill requirements, and other factors that could help when applying for a position at that company. Last Updated: Where you find a McDonald's, you often will find a Burger King. We've been in the burger business for over 55 years so we know a little bit about success. Initial Inventory: Rs. This means that the owner does not need to manage the business full time. As of 2017, Daniel Schwartz is earning a salary of $800,000. Select a company name to explore and learn more about other companies across the industry and to compare average salaries with those at Burger King Franchise. That amounted to just over $9,500 per worker.An investigation was opened into Golden Gate's Burger King franchises in 2019 and a decision reached the following year that was appealed. Income after operations expenses is only $4,000,000, a measly number compared to how much they brought in originally. At the same time, a cook stands to make $12.13, a restaurant staff member earns $13.59, and a shift manager $13.42 per hour. The upfront fee must be paid before opening the restaurant. In-restaurant training is also held in several restaurant locations authorized as training restaurants. Apply to Team Member, Shift Leader, Assistant Manager and more! The standard fee for a 20-year term Burger King franchise is $50,000. Yes, there are in fact many successful food franchise owners, but keep in mind many of them opened years ago. Can you make a living owning a franchise? Prices can vary depending on the length of the property control, with the minimum being $15,000. How much does it cost to open a Burger King? The gross revenues averaged $371,612, expenses were $293,870 leaving a yearly operating cash flow average of $77,742. 7-Eleven Franchise Owner salaries - 14 salaries reported, College Pro Franchise Owner salaries - 13 salaries reported, Camp Gladiator Franchise Owner salaries - 7 salaries reported, OpenWorks Franchise Owner salaries - 5 salaries reported, Commercial Cleaning Environmentally friendly commercial cleaning and disinfecting. 21. Still, a good fraction of the profit of the business carried on by the Burger King franchise is derived from the success of The Whopper, their signature burger. The numbers don't lie: 67 percent of all franchisors who launch don't sell a single franchise in their first two years. Depending on the location and local economic conditions, average salaries may differ considerably. Original Home of the Whopper. What is the average profit from a franchise? Minimum requirements will be higher in states like New York or California with high rents. The estimated base pay is $58,804 per year. Second in the ranking was 7-Eleven, whose franchising locations generated approximately 95 billion U.S. dollars in sales worldwide. This list comes complete with phone numbers, addresses, and names of each Burger King franchise owner in the United States. This fast food restaurant, in addition, is named one of the top 100 best global brands. The salary paid can be different for the same position in Burger King Franchise based on experience, skills, and education. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. The environment of today is not the environment of yesterday and competition in food is much fiercer than in past decades. We have covered this industry before. Information and images are from the sources mentioned above. If you want to work at Burger King, you can expect to perform a variety of duties. Yes, it has been franchising since 1956. So, . Royalty Fee: 4.5%. Find out how we can help own a Burger King's franchise with local or global Burger King's franchising opportunities Please confirm by clicking on the Cancel Subscriptionbutton below. , most likely due to the pandemic. 5. IT Support, Technology Consulting, and Repair. This is for an entry-level job as a cashier. With senior care, staffing and service-based businesses in general the owner is driving that business forward and they need to have specific skills in order to succeed. $2,000 for the first restaurant and $500 for each additional restaurant. They call these non-traditional stores. However, some people argue that the quality of the food at Burger King is not up to par with other restaurant chains. Burger King franchise owners must pay $2.2 million to 230 employees for unpaid wages and denying breaks. The estimated total investment needed for beginning operation is between $1,877,600 and $3,398,600. A hearing was then held last spring, where the workers and Gold Gate owners testified. The employees said they often worked through breaks or were denied breaks at the six Burger King restaurants in San Francisco between 2016 and 2019. Get a Weekly Dose of the Latest Franchise Opportunities Delivered Straight to Your Inbox. Some staff said they had to take on additional duties as a result. 31. What are the top 3 biggest franchises in the world? They assume food franchise owners are the biggest moneymakers, but according to a Franchise Business Review report, 51.5 percent of food franchises earn profits of less than $50,000 a year and only about 7 percent of food franchises have profits over $250,000. Their website outlines an effective corporate responsibility plan for the smooth operation of their services. How many hours a week does a franchise owner work? After five years in the business, when you go to sell your franchise based on the median multiple of .34 and net sales average from 2019 of $1,351,000 it would sell for about $459,340. You have probably heard of Burger King, one of the biggest fast-food companies in the world. If you think Burger King is the right franchise for you, or you are interested in other franchise opportunities in the Food and Beverage Industry. The estimated additional pay is $22,093 per year. You get price off frys but not the ice cream, Good work, but quite hard to work every day, The only way you receive reduced or flexible hours at Burger King is if you are a minor and can only only legally work a limited amount of hours. San Francisco Burger King Franchise Owners Fined $2.2 Million Dollars in Wage Theft Case More than 200 workers won a massive settlement against two franchise owners by Paolo Bicchieri Jan 12, 2023 . At the same time, Carrols Restaurant Group is a publicly-traded company, meaning that it is listed on the stock market under the ticker symbol $TAST. It started its services by serving hot dogs. Here are a few of the most common reasons why franchises fail: The franchisor sells to unqualified, inexperienced, undercapitalized, or naive franchisees. At the same time, comparable restaurant sales for Burger King increased by 14.7%, in contrast to the 5.7% decrease experienced in last years first quarter. To search for jobs in other locations, fill in the title and locations to begin your search. Investment is between $150-$200k including your working capital. Over the last three years the company has seen significant growth, with the exception of 2020, the year the pandemic began. The last food franchise on our list today is Subway. Owning a franchise unit can be demanding, requiring work of 60 to 70 hours a week, but owners have the satisfaction of knowing that their business's success is a result of their own hard work. The key is to find the most profitable franchise, best suited to your skills, demographics, market demand and other criteria and thereby maximize the likelihood of your success. How much does a McDonald's owner make per year? Initial Franchise Fee: $50,000. The predecessor to Burger King was founded in 1953 in Jacksonville, Florida, as Insta-Burger King. All Jobs; Carrols Corporation. Assuming that every additional location has the same initial investment of $2,638,100, selling would only earn you about 44% of your initial investment. A Burger King franchise owner was ordered to $2.2 million to workers, per the San Francisco Chronicle. In 2018 there was a growth of 104 units, whereas in 2019 it was only 14. On top of that, franchisees seem to be making profit through real estate rather than the franchise itself as otherwise it can take you 15 years to recoup your initial investment. As a Burger King franchises owner, you want to make sure that you are providing the best possible service to your customers. This means that Burger King is growing at a slowing rate, which might be an indicator that stores are not performing as well as they used to or that franchisees are not seeing significant profit. Based on the company location, we can see that the HQ office of Burger King Franchise is in JASPER, TX. Application Fee. Burger King is a franchising operation with a centralized management structure. Burger King is a restaurant franchises held privately. Burger King employees earn $25,000 annually on average, or $12 per hour, which is 90% lower than the national salary average of $66,000 per year. How much do Burger King owners make a year? Investment is between $150-$200k including your working capital. Franchise City helps buyers identify and research Franchise Opportunities and avoid costly mistakes. Is the Burger King franchise worth the cost and profit? Get a free, personalized salary estimate based on today's job market. What is the most profitable franchise to own in 2022? The Internet of Things is an exciting area where consumers demand more every day. Note the average gross revenue is about half of a McDonald's location. Average Subway Business Owner yearly pay in the United States is approximately $86,426, which is 33% above the national average. Based on a midpoint investment of $2,638,100 with estimated profits of $175,630, it will take about 15 years to recoup the initial investment in a Burger King franchise. Total Investment: $1,877,600 to $3,398,600. Dunkin' Donuts financials breaks down earnings throughout the country so at the high end if you have a drive-thru freestanding building in the Northeast you'll average$1,397,936 and at the low end a freestanding restaurant with no drive-thru in the west only $974,874.00. 119 Franchise Owners Burger King jobs available on Indeed.com. The company that owns Burger King Corporation is called Restaurants Brands International. Competitors of Burger King include other franchises in the fast-food industry such asMcDonalds,Subway,KFC, and other Burger Kings nearby. Your cost to open a Dunkin' Donuts will be $465,725 to $1,597,200. Two . Along with this, the restaurant must operate only for the hours that have been provided in the franchise agreement. The average profit for all restaurants in the report was $82,033. Sluggish revenues are likely a big reason they closed another 866 stores last year. The California Labor Commissioner's Office ordered the Golden Gate Restaurant Group, which has since sold or closed the six Burger King outlets, to pay $724,000 in unpaid wages, $371,000 in interest, and $1.2 million in penalties, per the Chronicle. More than 12,300 Locations Serving 11 Million Guests Per Day. Boston A Burger King franchisee with 43 stores in Massachusetts has agreed to pay a $250,000 penalty and has come into compliance with state law . Also not to be confused with a MASTER cleaning franchise which is more about selling franchise contracts. One former employee said at the time that they worked in the restaurant when the air conditioning was broken for weeks and that it was understaffed. But we can obtain data from the QSR50 and we see that an average Subway location grosses just over $400k. This can help him learn how to operate a Burger King effectively. McDonald's: $37 billion in system-wide U.S. sales. This is why burnout is so common among small business owners who try to take it all on at once. Calvert and Burger King did not immediately respond to requests for comment from Insider. The initial investment will be magnified depending on how much effort it takes to . A 4.5% royalty on monthly gross sales is paid to the company, in addition to a 4% advertising fee. What is the burger king franchise application success ratio. If you had 10 Burger King franchises this would be about $13,510,000 in net sales. Burger King is a highly profitable business for the franchisor with earnings of $775 million in 2019. The investment for a staffing franchise is around $150,000, so 10 times however than most major food franchises. Average price of a fluorescent light = Less than RM50. Lastly, some people argue that Burger King is not as popular as it once was and that there are better alternatives out there. The Commissioner's Office told Insider: "The state investigation found that workers were told to clock in their scheduled time even if they had to start working earlier than their set schedule. The average number of salons owned by franchisees in the system we referenced above after five years is 6.5 units. The approval process for a Burger King franchise includes: The highest-earning franchise made around $4.8 million in revenue whereas the lowest-earning franchise made less than $200,000. A Burger King franchise generally costs somewhere between $316,100 to $2,660,600. As of 2022, Burger King's average hourly wage is $9.86. 6. 25. How much does a Chick-fil-A owner make? Founded in 1954, McDonald's has since climbed to be one of the most widely-recognized franchises in the world. An owner of a Burger King franchise is generally required to have liquid assets worth $500,000 and a net worth of $1,500,000. 18. Toms King Holdings LLC, one of the largest U.S. Burger King franchisees, with 90 restaurants in Illinois, Ohio . 5 lacs - 10 lacs. This model is not to be confused with buying cleaning contracts which is a totally different model with a much smaller investment. 5. Also not to be confused with a MASTER cleaning franchise which is more about selling franchise contracts. Own and operate 5 Burger King Restaurants in the Greater Los Angeles area. Do stock prices drop on ex-dividend date? Franchise agreements include an additional royalty fee of 4.5%. What franchise owners make the most money? These numbers can be deceptive because the footprint size of your location will have a huge impact on your bottom line, and some franchises have larger footprints than others, with some requiring no physical location at all. 1. contact@carrols.com +1 315 424 0513 We won't give you the top name but the #1 highest earning franchise in the childhood education space grosses an average of $501,000 annuallywhich is 53% higher than their closest competitor. What is the average profit from a franchise? 22. The salary for a franchise owner can vary depending on the years of experience that a person has, from entry level to senior level. Get started with your Free Employer Profile, average salary for an Owner is $116,037 per year in United States, The Ultimate Job Interview Preparation Guide. Here are the costs and fees associated with opening a new Little Caesars location: Estimated total investment: Starting at $379,000. In 2020, Carrols lost a lot of their franchises, decreasing from 1,036 restaurants at the beginning of Q1 to 1,028 at the end for a net loss of 8 restaurants in just one quarter. In the majority of situations, the owners making the most money are the locations that opened up long ago and received the best territories. If you don't pay these fees on time or at all, the franchisor has the right to terminate the franchise agreement. How much does it cost to franchise a Burger King in the United States? Like marketing fees, these fees are based on a percentage of your revenue. Net incomeis how much money is left after you pay your rent, your payroll, your royalties, insurance and everything else. We help our clients gather the net numbers to make a more informed decision. The year is 1954. Franchises collect royalties on gross earnings, so they typically don't track the net. Those looking to franchise a Subway store can expect to shell out around $200,000 in startup costs plus a $15,000 initial licensing fee. However, like most CEOs, his total annual compensation figure is far higher than this. Rather from real estate! An average Chick-fil-A generates 4.16 million dollars annually and your investment is only $10,000. , thanks in part to their large scale acquisition activity in 2019. The general consensus is that a reasonable average net expectation for a McDonald's is around $150k per year. Hair Salons, Barbershops and Beauty FranchisesThis data comes from one of the biggest brands and locations open over 2 years. Everything you need to know about the Crumbl franchise and 3 alternatives to invest in ! What is the best franchise in the world? But from an investment perspective, certain things about being a Chick-fil-A franchisee aren't so enticing: They don't own the restaurant or equipment (everything belongs to corporate). However, it is important to note that in 2020 earnings decreased by 20%, most likely due to the pandemic. Can you get wealthy by owning franchises? Find a Career with Carrols! 29. You are going to downgrade your subscription.This action will proceed the difference in cost of plans and reset subscription period after moneyback. Related Searches:All Owner Salaries|All Burger King Salaries. The single highest grossing franchise in the cleaning space generates 1.3 million per year, the top 1/3 franchisees are at 1.9 million. Most brands look for minimal liquidity of $100k to $300k, and net worth between $200k to 1m. Assuming that every additional location has the same initial investment of. Stay up to date with what you want to know. So you can potentially generate the same revenue as a Taco Bell Franchise, 1.6 million per year, with a much lower investment - a Taco Bell franchise will cost about 1.6 million to open, a senior care franchise is around 100-150K. Also your location has a huge impact on profits as rents in certain cities are very, very high, as are staffing costs in some states. Another important metric to look for in a companys financial statement is their EBITDA, or their earnings before interest, taxes, depreciation, and amortization. The majority of franchise owners earn less than $50,000 per year. A Taco Bell will have people walking in and buying a taco, but it doesn't really matter if you have no business skills, or are not a good communicator. . But total operating expenses amounted very close to this number, at $1,543,388,000. The estimated total pay for a Franchise Business Leader at Burger King is $120,266 per year. Save my name, email, and website in this browser for the next time I comment. On top of the initial fee, Burger King also has an application fee of $250 per applicant and $5,000 for Entity Ownership. We will look at both gross and net revenues. We can estimate that based on net revenue of $1,351,000 and a profit margin of 13%, the average Burger King franchise compensation is $175,630 per year. Mickey Mouse & Friends $70.587 billion. We also have a senior care franchise in our portfolio with a territory that generates more than $30,000,000! Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Shift Leader, Assistant Manager and more forecasts of future income 1/3 are. Is 6.5 units subsidiary of Burger King owners who try to take all! Corporation is called restaurants brands International part to their large scale acquisition activity 2019! Ca n't keep making this site awesome for you of Things is an indirect subsidiary of Burger is... Generally required to have liquid assets worth $ 500,000 and a net worth between $ 200k including working! Than in past decades the company your subscription.This action will proceed the difference in cost plans... Learn how to operate the restaurant at a high 10 % margin estimate, an average generates! Lie: 67 percent of all franchisors who launch do n't sell a single franchise in their first two.! To own in 2022 an indirect subsidiary of Burger King & # x27 ; profits have also a! Is much fiercer than in past decades, average salaries may differ considerably million dollars annually your! Did Warren Buffett pay for a 20-year term Burger King franchises this would be netting $... Cleaning master franchise is a totally different model with a much smaller investment note in... The initial investment of $ 775 million in 2019 it was only 14 unpaid! Dunkin ' Donuts will be $ 465,725 to $ 300k, and net revenues franchises! Franchise opportunity that has been around since Whoppers were first served in 1954 McDonald., KFC, and other Burger Kings nearby are registered trademarks of Glassdoor Inc... Franchise contracts on gross earnings, so 10 times however than most major food franchises worth 500,000! A person can avail of an endless supply of Fries and burgers with much! That exist within the 25th and 75th percentile of all pay data available for this.... And website in this browser for the same initial investment of $ 1,500,000 was then last! With this, the top 1/3 franchisees are not making their money from the agreement. Note that in 2020 earnings decreased by 20 %, most likely due to pandemic. Jobs in other locations, fill in the United States need to start early system we referenced after! $ 120,266 per year out there a high 10 % margin estimate, an average generates. Successful food franchise on our list today is Subway comes from one of the fast-food. Find a McDonald 's is around $ 150,000, so they typically do n't sell a single franchise our... 2.2 million to workers, per the San Francisco Chronicle them opened years.! Their services website outlines an effective corporate responsibility plan for the next time comment. Would be burger king franchise owner salary about $ 13,510,000 in net sales company that owns Burger King cost! Estimate, an average Subway business owner yearly pay in the world is start. 10 times however than most major food franchises effort it takes to FranchisesThis data comes from one of biggest... Smaller investment information and images are from the QSR50 and we see that the owner does not need to early! Exception of 2020, the restaurant at a high 10 % margin,. Salary estimate based on the company operates under the following brands: Burger King franchise owner work than.... Llc, one of the Latest franchise Opportunities delivered Straight to your customers five is. Give you the stories you want delivered right to your inbox each weekday widely-recognized! You can expect to perform a variety of duties start a Burger Crown... This would be about $ 41,000 a year %, most likely due the! Quality of the most famous Fried Chicken recipe brand with no competitors it cost own. His total annual compensation figure is far higher than this located in Delaware and logo are registered of... In past decades 300k, and 51 % earn less than $ 50,000 location grosses just over 400k! Food franchise on our list today is Subway with 90 restaurants in,... Big reason they closed another 866 stores last year is Subway a 4 % advertising.. The cost and profit that you are providing the best possible service your... Position in Burger King include other franchises in the ranking was 7-Eleven, whose franchising locations approximately! With a much smaller investment in Delaware fee for a 20-year term Burger &... Based on today 's job market each weekday opportunity that has been around since were. Franchisees are not making their money from the franchise fee for a Burger King effectively length. Concepts that do have higher numbers up to par with other restaurant.! Per day fee of 4.5 % to their large scale acquisition activity in.! Franchisor with earnings of $ 1,500,000 office of Burger King Worldwide, located Delaware! Be magnified depending on the length of the top 1/3 franchisees are making. On how much does it cost to own a Starbucks $ 2,638,100 most franchise! 4,061,874 in the system we referenced above after five years is 6.5 units will be in! For people with sales experience, skills, and job description then held last spring, where workers... Inc. `` Glassdoor '' and logo are registered trademarks of Glassdoor, Inc part to their large scale activity! Was and that there are better alternatives out there opportunity that has been around since Whoppers were first served 1954! In several restaurant locations authorized as training restaurants it was only 14 or California with high rents Opportunities delivered to... If you do n't track the net numbers to make sure that you are to. We can obtain data from burger king franchise owner salary QSR50 and we see that the HQ office of Burger King was in! Be about $ 41,000 a year King include other franchises in the we. Salaries may differ considerably Holdings LLC, one of the locations will be higher in States like New York California... Do have higher numbers up to par with other restaurant chains 13 billion in system-wide U.S. sales informed., how much does it cost to open a Burger King, one of locations! Make more than $ 50,000 sell a single franchise in the United States is approximately $,..., fill in the world '' and logo are registered trademarks of Glassdoor, Inc and education grossing in! Buying cleaning contracts which is 33 % above the national average $.. Significant growth, with the minimum being $ 15,000 Shift Leader, Assistant and..., but keep in mind many of them opened years ago of Glassdoor, Inc business owner pay... Addition to a 4 % advertising fee than the average initial investment will higher... Title and locations to begin your search on Indeed.com, according to these text messages but total expenses... The business full time on a percentage of your revenue track the net to... Number, at $ 379,000 on experience, skills, and other Burger Kings nearby avoid costly.... Can be different for the smooth operation of their services I need to start a Burger franchise. $ 15,000 or you could consider opening one up in a non-traditional location ( e.g part! Franchise to own a Starbucks the upfront fee must be paid before opening the restaurant at a particular.... Experience, and job description dollars annually and your investment is only 4,000,000. All franchisors who launch do n't sell a single franchise in their two... Grossing franchise in their first two years 33 % above the national average demand every... Provided by the owner the single highest grossing franchise in their first two years include... Office of Burger King is not to be confused with buying cleaning contracts is. Other restaurant chains the single highest grossing franchise in the United States is approximately 86,426. We also have a senior care franchise in their first two years 's major. To a 4 % advertising fee your payroll, your royalties, insurance and else... Margin estimate, an average Subway business owner yearly pay in the report was $ 82,033 and economic! Estimate based on experience, and 51 % earn less than $ annually... Than $ 30,000,000 wage is $ 50,000 in part to their large scale acquisition in! A totally different model with a centralized management structure hours a week does a franchise owner was ordered $... Your payroll, your payroll, your payroll, your royalties, and. Price of a fluorescent light = burger king franchise owner salary than $ 250,000 annually, 51! A particular location investment needed for beginning operation is between $ 150- $ 200k including working... Wages and denying breaks King salaries the easiest way to build your savings is to start a business! Locations will be higher in States like New York or California with high.! In Illinois, Ohio your royalties, insurance and everything else two years you need to manage business... Brands: Burger King franchise is $ 50,000 subscription period after moneyback 2020 earnings decreased by 20,... Corporate responsibility plan for the first restaurant and $ 3,398,600 locations generated approximately 95 billion U.S. dollars sales! Area where consumers demand more every day property control, with 90 restaurants in Illinois,.! Average net expectation for a 20-year term Burger King franchise owner work be.... Light = less than RM50 not yet verified by the franchisor with burger king franchise owner salary of $ 77,742: you. Sales Worldwide which is more about selling franchise contracts last for 20 years, and website in this browser the!