Culver's Restaurant Franchise Cost: How Much Does It Cost to Start a Culver's Franchise? - Franchise How (2024)

Are you gearing up for a new business in 2024? Forget the next big tech start-up -the latest trend in town might be a perfectly toasted baguette. Take Paris Banh Mi Cafe and Bakery, for instance. This Vietnamese sandwich shop is rapidly growing, with locations popping up from coast to coast, from California to Florida.

But what’s the secret behind their success? Explore why the Paris Banh Mi franchise has snowballed in the last two years and be inspired to start your own business .

About Paris Banh Mi

Culver's Restaurant Franchise Cost: How Much Does It Cost to Start a Culver's Franchise? - Franchise How (1)

The French baguette was introduced in Vietnam in the mid-19th century when the country was still a part of French Indochina. In the 1950s, Saigon saw the birth of a unique Vietnamese sandwich, “bánh mì,” which quickly became a favorite food of a large part of the population.

The story of Paris Banh Mi started in Orlando, Florida, at 1021 E Colonial Drive in 2019. Hien Tran and Doan Nguyen, a married couple passionate about food, opened the first Paris Banh Mi location. Their concept was simple: bring the delicious flavors of Vietnamese banh mi sandwiches, traditionally baguettes filled with savory meats and pickled vegetables, to a broader audience.

The customers quickly fell in love with the fresh ingredients, bold flavors, and convenient fast-casual setting. Now, Paris Banh Mi Cafe and Bakery promises to bring their customers the best “Baguette Banh Mi” taste.

In just two years, the laid-back cafe and bakery in Florida multiplied into a chain of stores in the county. Today, Paris Banh Mi is serving customers in 46 locations all across the USA. The company plans to expand to 100+ locations by 2026.

Each Paris Banh Mi Cafe and Bakery has a clean and spacious dining area, fast service, friendly staff, and a selection of delicious food and pastries. Take a peek at some of their mouth-watering baguette sandwiches filled with authentic Vietnamese ingredients.

Culver's Restaurant Franchise Cost: How Much Does It Cost to Start a Culver's Franchise? - Franchise How (2)

Source: Paris Banh Mi website

For those craving something sweet, the bakery indulges you with a variety of French pastries. Check out their sandwiches, pastries, and beverages on the Paris Banh Mi Cafe and Bakery menu page.

Culver's Restaurant Franchise Cost: How Much Does It Cost to Start a Culver's Franchise? - Franchise How (3)

Source: Paris Banh Mi website

Why Own a Paris Banh Mi Franchise

Paris Banh Mi is a franchised quick-service restaurant offering exciting opportunities for aspiring business owners. Many nail salon owners and aspiring entrepreneurs are switching to buying a Paris Banh Mi franchise. The main reasons why they love Paris are:

  • It opens a great opportunity and is more profitable.
  • Seamless franchising process and fewer things to worry about
  • Required low capital to open
  • Higher end-of-year profits

The benefits extend beyond operational efficiency. Paris Banh Mi boasts a surprisingly low-cost entry point compared to other franchises.

The initial franchise fee is manageable at $60,000. The total investment for opening a Paris Banh Mi can range from $200,000 to $500,000. This amount reflects the option to acquire a pre-existing, equipped location (second generation) for a lower investment cost or a complete build-out from scratch option.

Regardless of the chosen route, the investment is significantly lower than that of building a business from the ground up, making Paris Banh Mi an attractive option for many entrepreneurs.

Licensing Information

Owning a Paris Banh Mi franchise is not just about delicious food! The company is looking for dedicated individuals who can run their restaurant full-time. They will provide a multi-day training program for new franchisees. In addition, Paris Banh Mi offers ongoing support for franchisees, guiding them to make informed decisions and thrive in this exciting industry.

You’re a good fit for a Paris Banh Mi Cafe Bakery franchise if you are:

  • Passionate about food, especially fresh baguettes and pastries
  • A self-starter with a proven track record in business
  • Financially responsible with a focus on results
  • Ready to fully commit to building the Paris Banh Mi brand

If you have what it takes, don’t hesitate to contact them through the franchise hotlines on their franchise opportunities page.

Conclusion

Buying a restaurant franchise is one of the most attractive routes in the world of franchising. Paris Banh Mi makes owning your own business a lot easier. Forget the high costs and headaches of starting from scratch. Their low investment and comprehensive training program mean you can be your own boss with a delicious product. If you are ready to take a bite out of success, contact Paris Banh Mi today!

Culver's Restaurant Franchise Cost: How Much Does It Cost to Start a Culver's Franchise? - Franchise How (2024)

FAQs

Who owns the most Culver's franchises? ›

“And keep reminding them, and people will get there. And they will be so happy when they do.” Chad Stevenson, left, and Jeff Liegel of S&L Companies are the largest Culver's franchisees with nearly 100 restaurants in five states and 50 owner-operators.

What is the initial franchise fee for Culver's? ›

What is the initial franchise fee? Each new franchisee currently pays an individual franchise fee of $55,000 to acquire a Culver's franchise for the basic 15-year term of the franchise agreement. If you qualify, you may renew for an additional 10 years for an individual franchise fee of $30,000.

How much cash do you need to open a franchise? ›

Cash Investment and Financing for a Franchise

Generally, you will need between 20% and 30% of the total franchise cost as a down payment in cash and you will finance the remaining balance – similar to how you would buy a home.

How much does a Culver's owner make a year? ›

The estimated total pay range for a Owner Operator at Culver's is $56K–$90K per year, which includes base salary and additional pay. The average Owner Operator base salary at Culver's is $71K per year. The average additional pay is $0 per year, which could include cash bonus, stock, commission, profit sharing or tips.

What is the net worth requirement for Culver's? ›

How much does starting a Culver's franchise cost? Naturally, starting a Culver's franchise will cost you some money upfront. This begins with an initial franchise fee of $55,000 plus a net worth requirement of $1.25 million. You'll need to have about $500,000-$750,000 in cash to qualify as a new franchisee.

Who is Culver's biggest competitor? ›

Culver's main competitors are Chipotle Mexican Grill, Papa Murphy's, and Darden Restaurants. Competitor Summary. See how Culver's compares to its main competitors: McDonald's has the most employees (210,000).

Do franchises pay a monthly fee? ›

Royalty Fee

The franchisor uses the royalty fees to support its existing franchisees and maintain and grow the franchise system. The royalty fee is usually paid weekly or monthly, and is most commonly calculated as a percentage of gross sales, typically ranging between 5 to 9 percent.

Who pays the franchise fee? ›

By joining a franchise, an investor or franchisee is able to run a business under the umbrella of the franchise. The franchisee must pay a franchise fee, which may become costly. In the United States, it may amount to thousands of dollars.

What is the entry franchise fee? ›

The initial franchise fee is a one-time fee you pay to a franchisor to enter the franchise system. It gives you access to the franchisor's proprietary business systems and the license to own and operate the business.

Do franchise owners get a salary? ›

How do franchise owners get paid? Franchise owners can pay themselves a salary or depending on their business entity, they may be able to take a draw from their accumulated equity. The latter is usually only an option for limited liability corporations (LLC), S corporations, sole proprietorships and partnerships.

Which franchise is the easiest to get? ›

Some franchises that offer the easiest entry for first-time owners in 2024 include:
  • Jan-Pro: A commercial cleaning franchise that requires a low initial investment and provides extensive training and support.
  • Jazzercise: A fitness franchise that offers a low start-up cost and a flexible schedule.
May 16, 2024

What is the cheapest business to start? ›

20 Businesses To Start for Under $1,000
  1. Bookkeeping Service. Technically, you only need a high school diploma to work as a bookkeeper, so this small business idea is accessible to anyone. ...
  2. Tutoring Business. ...
  3. Consulting Business. ...
  4. Delivery Service. ...
  5. Online Store. ...
  6. Pool Cleaning Service. ...
  7. Graphic Design Services. ...
  8. Pet Sitting Business.
Feb 4, 2024

Is Culver's a good franchise to own? ›

In fact, in recent surveys by the Franchisee Business Review, Culver's is rated at the top or near the top in franchisee satisfaction by more than 4,300 franchisees in the United States and Canada.

What is the highest paying food franchise? ›

Top 5 Highest-Grossing U.S. Fast-Food Chains
  • 1 – Chick-fil-A — $6.7 million. Chick-fil-A's steady but rapid growth is unrivaled. ...
  • 2 – Raising Cane's — $5.4 million. ...
  • 3 – Shake Shack — $3.8 million. ...
  • 4 – Whataburger — $3.7 million. ...
  • 5 – McDonald's — $3.6 million.
Aug 18, 2023

What is the highest paying franchise? ›

Franchise models that offer the highest return on investment are those that have a proven track record of success, a strong brand name, and a loyal customer base. According to Franchise Direct, some of the most profitable franchises models include McDonald's, 7-Eleven, and Dunkin' Donuts.

Who is the owner of Culver's franchise? ›

Culver's
Culver's in Onalaska, Wisconsin, featuring the traditional blue metal roof
Key peopleRick Silva (CEO) Craig Culver (Chairperson)
ProductsHamburgers, frozen custard, milkshakes, cheese curds, chicken sandwiches, fish, french fries, salads
Revenue$3.2 billion
OwnerCulver family
11 more rows

Does John Mayer own Culvers? ›

The Green Bay-area Culver's franchise owners are Mary and Conroy Soik and Dianne and John Mayer.

Who is the largest franchise owner? ›

Flynn Group - Largest Franchisee Operator in the US.

Who owns Culver's now? ›

The 965-unit chain, based out of Prairie du Sac, Wisc., has been family-owned since the first store opened in 1984. with their son and his wife, Craig and Lea. In 2017, Culver's sold a minority interest to Atlanta-based private equity group Roark Capital, though the family still retains the majority share.

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