Wayback Burgers Expands Franchise Business in Michigan | Be The Boss

Wayback Burgers Expands Franchise Business in Michigan

Date

Apr 05, 2016

Wayback Burgers is coming to Dearborn Heights, bringing the total number of its locations in Michigan to four.

The new Dearborn Wayback Burgers is expected to open some time in the spring and will join the franchise business' other three Michigan stores, which are in the Rochester Hills and Lansing areas. This is the first Wayback Burgers operated and owned by area franchisees Latifeh Sabbagh and Hussein Saab. Saab expressed excitement over the move and said that the two believe the Dearborn area is a perfect fit for the retro burger brand.

With a 1,600-square-foot design, Wayback Burgers of Dearborn Heights on Ford Road will feature the brand's signature roadside burger joint style with stainless steel and white accents and a red barn board interior.

Wayback Burgers Franchising Opportunities

First opened under the name Jake's Wayback Hamburgers in Delaware in 1991, Wayback Burgers has since grown to more than 100 operating locations across 26 states and overseas. Its menu mainstays are fresh burgers and hand-dipped milkshakes along with American favorites such as hot dogs, chicken sandwiches and French fries. Wayback locations aim to re-imagine the original American burger roadside joint experience with a bright, retro-styled interior.

To qualify for one of Wayback Burgers' franchising opportunities, applicants need a credit score of 680 or higher and liquid capital of at least $100,000. The franchise fee for the first location is $35,000, with the average initial investment around $300,000. An applicant who doesn't meet this criteria can partner with someone who does in order to qualify as long as the partner owns at least 50 percent of the business

While Wayback Burgers doesn't offer financing, the company does have lenders they can recommend to prospective franchisees. The continuing royalty for a Wayback Burgers franchisee is 5 percent of a location's gross sales, minus the sales tax.
Learn more about the burger franchise opportunities at FranchiseExpo.com