Burger King FDD – Franchise Information, Costs and Fees
Type of Business
You will operate a quick-service restaurant specializing in the sale of hamburgers under Burger King Company LLC’s distinctive format and operating system, including the BURGER KING® marks.
Corporate Information
Burger King Company LLC was formed as a Florida limited liability company on February 4, 2022. Their principal place of business is 5707 Blue Lagoon Drive, Miami, Florida 33126. They have offered Burger King franchises since September 2022.Their predecessor is Burger King Corporation. BK Corporation was originally founded in 1954 as Burger King of Miami, Inc. and in 1956 was formally incorporated as South Florida Restaurants, Inc. before changing its name to “Burger King Corporation” in 1963. It began offering Burger King franchises and operating Burger Restaurants in 1954. BK Corporation ceased all of these activities in September 2022 when they became the franchisor of the BURGER KING restaurant franchise system as a part of the Internal Reorganization described above. BK Corporation was dissolved in December 2022.
Investment
The total investment necessary to begin operation of a BURGER KING® Restaurant is between $247,300 and $4,670,900, in all cases excluding real estate. This includes $57,750 to $62,500 that must be paid to the franchisor or its affiliates.
If you sign a Multiple Target Reservation Agreement, you will pay the franchisor a deposit of $10,000 multiplied by the number of Restaurant openings committed to be developed in the Target Area. You may be eligible to sign a Development Agreement to develop two or more Restaurants pursuant to a
Development Schedule, in which case you will prepay the franchise fee of $50,000 multiplied by the number of new Restaurants you must develop and have open during the first and final development years (the minimum prepaid franchise fee is $100,000 if you commit to develop and open two Restaurants).