White Castle Franchise Startup Cost (2024)

FAQs

How much does it cost to start a White Castle franchise? ›

The franchise fee for a store is $30,000. To be approved as a franchisee, you must have at least $1.0 million in net worth and $250,000 in liquid assets. It typically takes about 18 months to open a new White Castle location once you are approved as a franchisee.

Unlike other burger joints, White Castle's ownership has strict control, even though the restaurant has nationwide marketing and advertising campaigns. White Castles are only available in 11 states, and the company attributes its very controlled growth over time to being family owned.

Overview. White Castle does not actually franchise, it has subsidiaries that are privately owned. White Castle expands very carefully and deliberately, using earmarked earnings to fund construction and not stretching too far geographically away from the company's resources.

Despite its relatively modest size, White Castle is holding its own. Its revenue in 2018 rose 1.6%. But most of its revenue growth derives from the products it sells in supermarkets, whose sales rose 23% last year. While most burger chains proliferate by franchising, White Castle has avoided giving up control.

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.

White Castle Sys., Inc., the Supreme Court of Illinois held claims arising under Section 15(b) and 15(d) of the Illinois Biometric Information Protection Act accrue each time a company either collects or discloses an individual's biometric information without prior informed consent.

In New York City, the number of locations has declined significantly in recent years. As of 2020, there were only 20 White Castle locations in the area.

Today our family-owned business sells the same humble, 100 percent USDA beef patty with onions and pickle, creating memorable moments for Craver generations everywhere. The only thing better than polishing off a Sack of Sliders alone, is doing it with friends. Could it get any better than that? White Castle.

Today, the 102-year-old brand is still family owned and operated. Aside from its 350 units, White Castle also operates a retail line of sliders in grocery stores. The brand is a C-corporation in how it's organized, but its still owned by descendants of the Ingram family.

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Franchising fee: It costs between $25,000 and close to $50,000 for the initial franchise fee. This, too, will vary depending on the details of your specific Taco Bell franchise. Net worth: The current net-worth requirement is around $1.5 million worth of assets.

How much does a Chick-fil-A franchise cost? Depending on location, size of your store, the amount of inventory you carry at opening, the size of your retail team, and many other variable start-up costs, opening a new Chick-fil-A franchise can cost anywhere from $300,000 up to $2,450,000.

See how White Castle compares to similar products. White Castle's top competitors include Wahlburgers, Shake Shack, and Burger King. Wahlburgers is a casual dining restaurant chain focused on serving gourmet burgers and American cuisine.

The state that has the most White Castle locations in the country is Illinois. Illinois is estimated to have approximately 46 locations. For comparison, White Castle itself has approximately 250 locations, which means that Illinois alone is responsible for approximately eighteen percent of all White Castle locations.

How many White Castle restaurants are there in the United States? As of June, 2024, there are 363 White Castle restaurants in the United States. These restaurants are located in 15 states and territories and 216 cities.

As for how much you can earn as a franchisee, it depends on several factors. Franchise Business Review finds the annual average income of all franchisees beyond their first two years is $118,792, while PayScale finds the average small business owner salary is about $70,000.

Most franchise owners don't receive a salary. Instead, a franchise owner's earnings come from the revenue and profits after paying overhead costs. Those costs typically include equipment and fees, inventory, supplies, staffing, benefits, utilities, rent, taxes, royalty fees, and advertising fees.

The remoteness of the site, the weather, the supply and cost of materials and labor, the cost and time for building permits, and the selection of materials used can all affect the cost of your castle. For 2023, new castle construction costs ranged from $525/sq ft to $700/sq ft for a complete finished castle.

Unlike some of its larger competitors, White Castle is also still family-owned. Its current CEO is Lisa Ingram, the great-granddaughter of Billy Ingram.