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General

Industry

Food and Beverage

Category

Food and Beverage

SBA Identifier

S0230

Year of Founding

2008

Fees

Marketing Fee

2%

Royalty Fee

6%

Franchise Fee

$30,000-$30,000

Investment Range

$175K-$626K

Location units

Total U.S. Locations

11

U.S. Franchised Units

11

U.S. Corporate Units

0

Headquarters (City)

-

Other

Item 19 - Franchise Financials

-

Financing Availability

yes

Started Offering Franchises

2010

Issuance of FDD Data

05/23/2018

What to know about Boardwalk Fries franchise?

The franchise offered is for a fast casual restaurant operating under the name "Boardwalk Fries Burgers Shakes" offering french fries, fresh hamburger sandwiches and fountain products.

Boardwalk Fries is based in Columbia, MD. Scroll down to learn more!

How Much Does a Boardwalk Fries Franchise Cost?

Are you wondering how much is a Boardwalk Fries franchise? Before starting a Boardwalk Fries franchise, it is important to know the Boardwalk Fries franchise fee ($30,000) working capital and other costs required to start the business.

The minimum investment amount required to open a Boardwalk Fries franchise is $174,500 and can go all the way up to $626,000. Keep in mind, you should also allocate additional funds to live off of while the Boardwalk Fries business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Boardwalk Fries franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Boardwalk Fries business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Boardwalk Fries franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Industry Report Request

Download our guide to compare Boardwalk Fries. Hotels to the Cleaning and Maintenance, Outdoor Maintenance industry.

Franchise Data

Year Start of year Units Opened Units Closed Total End of Year
2016 14 1 4 11
2017 11 2 2 11

Additional Details

How much does a Boardwalk Fries franchise owner make?

Boardwalk Fries franchise earnings and revenue can vary significantly from one franchisee to another. The Boardwalk Fries franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Boardwalk Fries unfortunately does not disclose financials on how much Boardwalk Fries franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Boardwalk Fries does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Boardwalk Fries franchisees. Do note that Boardwalk Fries is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Boardwalk Fries franchisees to understand how much money they are making from their Boardwalk Fries business.

You should also speak to former Boardwalk Fries franchisees to understand why they left the system. Did they sell their Boardwalk Fries at a profit? Were they forced to close their Boardwalk Fries franchise down because it kept losing money?

What is the Boardwalk Fries Franchise Fee?

Owning a Boardwalk Fries franchise requires a 6% royalty fee and a 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship.

Keep in mind, there is also an initial Boardwalk Fries franchise fee of $30,000 that is included in the initial investment amount of $174,500 to $626,000. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Boardwalk Fries franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Boardwalk Fries franchise fee of $30,000.

Visit the Boardwalk Fries metrics tab to explore how the franchise, royalty and marketing fees compare to other Food and Beverage franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Boardwalk Fries founded?

Boardwalk Fries was founded 14 years ago in 2008. Boardwalk Fries started offering franchises in 2010. At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Boardwalk Fries locations are in the U.S.?

As of Issuance of 2018, there were 11 Boardwalk Fries locations owned and operated by franchisees across the U.S. There are also 0 corporate locations owned and operated by Boardwalk Fries. Most Food and Beverage franchises like Boardwalk Fries have more franchised locations than corporate locations.

How many Boardwalk Fries franchises opened over the past few years?

Over the prior 3 years we have data for, Boardwalk Fries has opened 3 outlets throughout the U.S.

Visit the Boardwalk Fries metrics tab to explore how the openings compare to other Food and Beverage franchises.

How many Boardwalk Fries franchises closed over the past few years?

Over the prior 3 years we have data for, Boardwalk Fries has closed 6 outlets throughout the U.S.

Visit the Boardwalk Fries metrics tab to explore how the closures compare to other Food and Beveragefranchises.

Is Boardwalk Fries growing? Are they opening more locations than they are closing?

The net unit growth rate for Boardwalk Fries over the past 3 years is N/A. Over the last year we have data for, Boardwalk Fries had a net unit growth rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Boardwalk Fries growth rate compares to 2,000+ other franchises and Food and Beverage franchises like Boardwalk Fries. More info in the Boardwalk Fries metrics tab.

Is Boardwalk Fries franchise eligible for an SBA Loan?

Boardwalk Fries is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Boardwalk Fries franchise was assigned the SBA Franchise ID of S0230 on October 1, 2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Boardwalk Fries that are reviewed and found eligible under SBA's affiliation rules and other eligibility criteria.

Is Boardwalk Fries a franchise in the United States?

According to the SBA, Boardwalk Fries meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Boardwalk Fries provides you with an FDD if you are in discussion to buy a Boardwalk Fries.

What is the Boardwalk Fries Franchise for Sale Rate?

The Boardwalk Fries systemwide health and franchisee satisfaction can be measured by the Boardwalk Fries franchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

The franchise for sale rate for Boardwalk Fries over the past 3 years is 0%. Over the last year we have data for, Boardwalk Fries had a franchise for sale rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Boardwalk Fries franchise for sale rate compares to 2,000+ other franchises and Food and Beverage franchises like Boardwalk Fries. More info in the Boardwalk Fries metrics tab.

What is the Boardwalk Fries Franchise Failure Rate?

Boardwalk Fries franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Boardwalk Fries failure rate over the past 3 years is 55%. Over the last year we have data for, Boardwalk Fries had a franchise failure rate of 18%

Without a comparison, this number doesn’t mean much. Compare how the Boardwalk Fries failure rate compares to 2,000+ other franchises and Food and Beverage franchises like Boardwalk Fries. More info in the Boardwalk Fries metrics tab.

How can I find out more details on Boardwalk Fries franchise?

Visit the Boardwalk Fries metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today for exclusive access on this franchise opportunity!

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General

Industry

Food and Beverage

Category

Food and Beverage

SBA Identifier

S0230

Year of Founding

2008

Fees

Marketing Fee

2%

Royalty Fee

6%

Franchise Fee

$30,000-$30,000

Investment Range

$175K-$626K

Location units

Total U.S. Locations

11

U.S. Franchised Units

11

U.S. Corporate Units

0

Headquarters (City)

-

Other

Item 19 - Franchise Financials

-

Financing Availability

yes

Started Offering Franchises

2010

Issuance of FDD Data

05/23/2018

Franchise Fee Midpoint

The percentage change of total franchise units from one year to the next

 

1 year

3 years

Boardwalk Fries

[0%]

-9%

Industry median

All franchises median

Unlock premium content

Franchise Disclosure Document

Not Available

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Boardwalk Fries

NA

NA

Industry median

All franchises median

Unlock premium content

Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Boardwalk Fries

NA

NA

Industry median

All franchises median

Unlock premium content

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-
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-
Founding year
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Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Boardwalk Fries

$400,250

Industry median

All franchises median

Unlock premium content

Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Boardwalk Fries

6%

Industry median

All franchises median

Unlock premium content

Franchise Fee Midpoint

The percentage change of total franchise units from one year to the next

 

1 year

3 years

Boardwalk Fries

[0%]

-9%

Industry median

All franchises median

Unlock premium content

Item 19 – Financial Performance Representations

Historical financial performance representations

Unlock premium content

Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

Unlock premium content

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Business details

Company name

-

Business email

info@vettedbiz.com

Mailing address

-

State headquarters

-

Key leadership

Boardwalk Fries

Phone

+1 (000) 000-00-00

City

-

Zip code

-

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