What is the optimal size of an NN Burger restaurant?
NN Burger restaurants range from 2,500 to 4,000 square feet, plus 500 square feet as an outdoor patio/seating area is suggested. End cap or free-standing sites are preferred.
Who is the ideal partner for NN Burger franchise development?
Ideally, we look for experienced multi-unit restaurant operators with a demonstrated track record of success and a strong financial position.
What are the minimum financial requirements?
For each NN Burger restaurant to be developed, a prospective franchisee must have at least $99,000 in liquid assets and a net worth of not less than $300,000.
What is the initial investment?
Estimated initial investment ranges from $485,300 to $944,000. This amount can change depending on many factors including but not limited to the location, size of location and the amount of renovation needed.
What role must a franchisee play in the operations of the NN Burger restaurant(s)?
A franchisee must be actively involved as an operator of their NN Burger restaurants, either through their own involvement or that of a dedicated operating equity partner responsible for the full-time management of the NN Burger business.
Are franchisees required to reside in the same market where their NN Burger restaurant(s) are located?
In order to effectively manage their NN Burger business, either the franchisee, or the designated operating partner (with equity), must reside within close proximity of the market where the restaurant(s) are operating. We recommend that the unit(s) be within a 45 minute drive-time of the partner who is responsible for day-to-day operations of the business.
What type of support does NN Burger provide to franchisees?
Franchisees receive extensive support and training in a manner that positions them for success, including:
-Site selection assistance and guidance from our real estate partner, JLL.
-Prototypical plans, construction and design management program by our construction partner, JLL.
-Comprehensive training program for restaurant managers and operating partners.
-Confidential operations and training manuals
-Pre-Opening and post-opening marketing programs and materials, including public relations guidance and support.
-Once the restaurant is open and operating, ongoing guidance, consultation, and support from our team of experts will
commence. Support services include:
-Operations and training support
-Sophisticated and proprietary technology, provided by our 3rd party back of house management support team to guide and assist franchisees to effectively manage and control their restaurant(s)
-Marketing and public relations support by our in-house marketing and creative teams
-Innovative, state-of-the-art technological systems for management of digital marketing, customer sentiment and social media
-Consultation in financial performance optimization
-On-site visits, coaching, and audit reports.
When does a "Discovery Day" take place?
We work with prospective franchisees to schedule Discovery Days at the earliest possible date.
How much money can I make?
As with any business, the amount of money you can make depends upon many factors, including location, ability to employ and develop customer focused staff who will satisfy your customers and many other factors. There are many factors not in a franchisor's control and therefore we cannot guarantee that a franchisee will operate a business profitably. We provide our main cost categories in our FDD (Item 19)
How soon can I open my NN Burger franchise?
Typically 4 - 6 months from the time you sign the FDD (Franchise Agreement) but this time can vary.
Will I have protected Territory?
Yes, a protected territory will be provided to each franchisee. The typical radius of the protected territory is 5 miles or 50,000 population *FDD
How many employees does an a typical NN Burger have?
On average, there will be 18-22 employees on staff, but this number can change.
What type of marketing services do you provide to franchisees and the brand?
We provide social media, print and other forms of marketing support.
Do you loan money to Franchisees?
No, NN Burger does not directly finance franchisees, but we have relationships with national lenders we can introduce you to.
How do I find a location for my restaurant?
We combine your knowledge of your area with our real estate partner JLL who will assist you in selecting the best site available.
How long does the franchise agreement last?
10 years, with 2 additional 5 year options
What is the ongoing royalty fee?
The current royalty fee is 4.5% of gross revenues.
How much is the ongoing advertising fund contribution?
3% of gross revenues. This money is spent directly on advertising and marketing franchise locations and the brand.
Once the franchisor and franchisee have decided to move forward, what are the next steps?
1. We will send you our FDD (Franchise Disclosure Document) to review.
2. Any questions or comments related to the FDD are to be provided to us by your franchise attorney.
3. When the parties are in agreement, the Franchise Agreement is signed and counter-signed.
4. After the franchise agreement is executed, the franchisee is introduced to our site-selection/real estate partner and other vendors.
Copyright ©2019 NN Burger® Franchising, LLC - All Rights Reserved • Franchises offered solely by means of our FDD • Info. is subject to change. Refer to our FDD for the most current info. • Apply to be an NN Burger Franchise Owner