E2 Franchise – Boardwalk Fresh Burgers & Fries
If you are looking for an E2 investment that is exciting for you and the community around you, then you should consider starting a Boardwalk Burger Franchise. The corporate offices are committed to providing extensive support and assistance to each franchise that open, this should be attractive attributes to any E2 Investor.
We Can Help You
Our goal here is to provide you with some initial ideas and figures by exposing you to various franchise opportunities that exist here in the United States. Finding the right franchise that suits your needs is extremely important, as it can impact the overall success of your investment.
If you’re interested in going for a Franchise investment in the Boardwalk Fresh Burgers & Fries, let us know as we have some excellent contacts.
About Boardwalk Fresh Burgers & Fries
Boardwalk Fresh Burgers & Fries was founded by two brothers Dav and Fran DiFerdiando who came up with the ingenious idea to bring the famous Boardwalk Fries from Ocean City, Maryland. Their first store open in a mall in Maryland in 1981 and by 1987 they had several franchises across the United States.
After numerous suggestions and requests by customers to have burgers to go with their boardwalk fries, in 2008 their company began franchising “Boardwalk Fresh Burgers & Fries” with a menu that includes burgers, hot dogs, chicken, salads and shakes.
There are two important considerations for determining whether or not franchise is good option for you as an E2 investor. First, does the franchise allow absentee ownership and second, will the franchise create enough jobs to qualify with US Immigration.
The answer to these questions is “yes.”
Boardwalk Fresh Burgers & Fries has been known to allow absentee ownership, meaning that you can hire and train the right team and then allow them to run the business for you while you enjoy your new life in the U.S
In order to have successful Boardwalk Fresh Burgers &Fries, location properly selected and managed staff is a must. Thus, it will be necessary to hire more than two full-time employees in order to meet the requirements for your E2 visa. Be sure to consider this aspect in your overall franchise plan.
A typical Boardwalk Fresh Burgers & Fries Investment will require an upfront investment of $174,500 to $626,000. If you are looking to take over an existing Boardwalk location, they can be purchased for a price between $200,000 to $500,000. These will be in certain locations, and further information will be available once we put you in contact with our Boardwalk Fresh Burgers & Fries contact.
Net Worth Requirements
In order to purchase a Boardwalk Fresh Burgers & Fries franchise, you will need to show a net worth of $1,400,000.00.
Note: Net worth is basically the value of your assets minus the value of your debts, and franchisors normally require you to show a certain net worth in order to guarantee that you are going to be successful in the business.
Liquidity is important because it guarantees the franchisor that you will have cash on hand in an emergency.
For a Boardwalk Fresh Burgers & Fries franchise, you will be required to have $500,000 cash on hand.
Note: While a line of credit may be sufficient to meet this requirement, as a new arrival to the US under an E2 visa you may not have immediate access to lines of credit. Make sure you consider this in your overall investment budget.
Prior to the opening of your franchise location, the corporate team will send a dedicated member of their operations team to provide onsite support to your location. They will provide assistance with training the cashiers, food preparations, and managers on their secret recipes and best practices.
In addition, each franchise location will have various strategy sessions with the corporate team where the Grand Opening Package and Local Store Marketing Manual is provided.
Boardwalk Fresh Burgers & Fries is committed to your franchises’ success and will provide ongoing assistance in event coordinate and local store marketing efforts. They are committed to providing you will the skills and resources to be successful in your franchise and to hopefully open more locations in the future.
Franchise & Royalty Fees
An initial Franchise Fee of $30,000 is required in order to purchase the franchise at the outset. Thereafter, an ongoing royalty fee of 6% will be applied to all sales in addition to a 2% ad royalty fee.
Finding Your Location
As your E2 visa immigration lawyers, we would be delighted to work with you and get you connected with the best person within Budget Blinds to help you secure your location. Give us a call and we will get the ball rolling for you.
We offer free initial consultations to anyone looking for an E2 visa and a matching business. Our goal is to provide all of your clients with the very best advice and support possible, so do not hesitate to call for your free consultation.