š 9/21/2023 – Two Franchises With 2-3x Revenue!
FRANCHISES OF THE WEEK
1) Killer Burger
Fast Facts
Background
- HQ: Portland, OR
- Founded in 2010, franchising since 2017
- Killer Burger is a burger joint known for its mouthwatering, gourmet burgers featuring unique and flavorful combinations of ingredients.
Location Trends
Franchise Fees
- Royalty: 5%
- Brand Fund: 1%
- Franchise Fee: $40,000
Financial Overview
- The below table discloses information on the historic average gross sales for all three (3) Killer Burger Restaurants that were open and operating during all the 12-month period from January 1, 2021 to December 31, 2021.
The Wolf’s Take š
Killer Burger is a franchise that hasnāt been on my radar, but shows over 2x return on revenue based on the high end of the investment.
It was started in the pacific northwest, and has made a name for itself with a laser focus on creating award-winning burgers with unique recipes.
They have classic burgers with bacon, lettuce, tomato, etc. but youāll also find a āpeanut butter pickle baconā burger, or the āfun guyā burger that contains swiss fondue, a house sauce, mushroom, and more.
If thereās one things Iāve learned about franchises over the yearsā¦.thereās also room for more burger concepts š
Check out Killer Burger via their website below!
Resources
2) Monkee’s
Fast Facts
Background
- HQ: Winston-Salem, NC
- Founded in 1995, franchising since 2011
- Monkee’s is a fashion franchise offering a curated selection of trendy clothing, accessories, and footwear.
Location Trends
Franchise Fees
- Royalty: 5%
- Brand Fund: 2%
- Franchise Fee: $30,000 – $60,000
Financial Overview
- The below table discloses information on sales for the fiscal year January 1, 2021 to December 31, 2021 of the 21 franchises that have been operating for at least one (1) year as of December 31, 2021.
The Wolf’s Take š
Monkees is a boutique retail franchise offering showing an *impressive* average unit volume. Locations sell a curated selection of top designers and brands to provide the best clothing, shoes, and accessories.
While Iām certainly not a customer of this business, Iād be curious to learn more as a potential operator/investor. Like other retail concepts, the working capital needs can be demanding to keep shelves stocked,, which is something that doesnāt necessarily show up in the numbers.
Regardless, itās a great emerging brand to look into for fashionistas out there!
Resources
FROM THE POD
Greg Flynn – Flynn Restaurant Group
I decided to run it back with my interview of Greg Flynn from last year. For the unaware, Greg Flynn is the largest franchise operator in the world (to my knowledge), with over 2,400+ franchise locations!
Check out our conversation here!
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