Wayback Burgers Franchise Business Aces 3rd Quarter
The third quarter of 2017 has been record-breaking for hometown burger brand Wayback Burgers. This better burger franchise business, which is among the fastest-growing in the nation, opened seven locations, awarded five new franchise businesses and signed three leases just from July to September of this year.
Founded in Delaware in 1991, Wayback has since expanded to 136 stores worldwide, with locations in 28 states and in five countries, including Malaysia, Saudi Arabia, Brunei and Argentina. A new location is slated for Morocco in early November, and the company just closed a master franchise deal in the Netherlands for locations there.
Brand President John Eucalitto spoke about his excitement at the company's growth and credited its innovation and consistency system-wide for its success. According to Eucalitto, the burger business is an incredibly competitive industry, and it can be hard to cultivate and maintain a solid reputation and staying power. The brands that stand the test of time are the ones that deliver consistently good food and think outside of the box.
Since the start of the year, this better burger brand has rolled out a new store design, developed a Philly cheesesteak sandwich, began to hand-bread its chicken tenders and breasts, starting using a mobile food cart in New York City and found qualified franchisees for many open franchise opportunities. Wayback is focusing on even more growth going forward, looking to fuel development of more franchise businesses in the US and Europe, and Brand Executive Vice President Bill Chemero added that the brand is already negotiating with master franchisees in South Africa, the UK and Germany.
Currently, Wayback Burgers has franchise opportunities available in many markets. Qualified applicants will have a credit score of 680 or higher and a net worth of $350,000 or more, with at least $125,000 liquid. The franchise fee is $35,000, and the initial investment averages around $350,000.
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