Hwy 55 Burgers Shakes & Fries - Texas
|Cash Investment:||$25,000||Investment Range:||$100,000 - $342,130|
|Franchise Fees:||$25,000||Training & Support:||Yes|
|Franchise Units:||102||Financing Available:||No|
Business Description: Hwy 55 is a twenty year old 50’s style restaurant franchise with over one hundred restaurants throughout Eastern North Carolina. Hwy 55 fills a niche between fast food and casual dining with a 50’s style theme. The restaurants are typically located in strip centers with an anchor such as Walmart or in mall food courts.
Hands-on Support: To ensure a successful expansion, two of the most successful Hwy 55 franchisees were given the opportunity to own the master franchise rights to the State of Texas. Chris and JR are applying their proven model and significant hands-on experience to find the best locations and attract the finest management teams to help our franchisees open successful restaurants in Texas. Texas’s demographics are especially compelling for this proven 50’s style restaurant theme. As a result the four Hwy 55 restaurants in Texas are among the best performing restaurants in the entire Hwy 55 network.
Proven Concept: Andy's Burgers Shakes and Fries is now Hwy 55, this restaurant chain has been around since 1991 with over 100 restaurants in North Carolina. The concept is proven featuring fast friendly service with high quality 50's style food. Your customers will enjoy the fresh never frozen hamburgers and other all American classics including cheese steaks, shakes, frozen custard, and hot wings.
Business Opportunity: With a proven concept, experienced hands-on support, and a high return on invested capital, motivated entrepreneurs have the opportunity to get in on the ground floor of this opportunity in Texas. We are at the very early stages of growth so the prime locations are still available. Further, we are your hands-on partner as our team will help you pick the site, design the interior, higher your staff, and manage the build-out.
|Financial Characteristics: Our one Corporate-owned restaurant located in Lexington, South Carolina opened in September 2012 and spent $300,000 on build-out costs to open the Restaurant, which is 2000 square feet. This corporate-owned restaurant generated $891,943 in gross sales for its first full year of operation and incurred cost of goods sold of $319,315, including food and paper products. This corporate-owned restaurant incurred salaries and wages of just $139,965 giving this restaurant strong cash flow.|
Management Experience: Chris LaCoe and J.R. Cottle are some of the most experienced and successful of the Hwy 55 franchisees. They each have over fourteen years of experience owning and operating Hwy 55 restaurants. Their restaurants have always been profitable and they personally own four of the top twenty performing stores in the entire Hwy 55 network. They have personally owned over twenty Andy’s stores that have all been profitable. Chris LaCoe and J.R. Cottle will apply their proven formula, specific experience and considerable know-how to support our franchisees with direct hands-on assistants.
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About Hwy 55 Burgers Shakes & Fries - Texas