How to Buy a Back Yard Burgers Franchise

Back Yard Burgers stores are known for making burgers from Black Angus beef. These stores also offer chicken sandwiches and other menu items. The company currently runs stores in 20 Southeastern states and have established markets that are available for franchisees.

Instructions

Difficulty: Moderately Challenging

1. Research the financial requirements that all franchisees must adhere. There are strict rules as to what kind of experience an owner/operator must have as well, like general business experience, restaurant experience and marketing experience.
2. Update your resume and personal financial statements. Your resume needs to list all relevant experience. You will use your financial statements to show your liquid assets and your net worth, as these are important qualifiers to buying a Back Yard Burgers franchise.
3. Scout out potential locations. You need to know all the demographics in the area you want to develop.
4. Send an inquiry to the franchise development coordinator. They'll want to know financial details as well as your experience, so after they respond to your inquiry, send them your statements and resume.
5. Find lenders that offer franchise financing. If approved to start your franchise, you'll need to a lender to loan you money for startup. Back Yard Burgers may set you up with a lender if you can't find one.

Tips & Warnings

• If you want to buy a Back Yard Burgers franchise but don't want to involve yourself in the day-to-day operations, you'll need to find someone to be the owner/operator. The company does not allow absentee ownership.