Personal & Professional

REQUIREMENTS

• Excellent personal/professional and financial references

• Clear credit and criminal background checks

• Leadership standing in the community through participation with civic organizations

• Understands the “business of running the business”

• Demonstrates leadership skills

• Sound business management skills

• Mid-level entrepreneurial spirit

• Ability to manage and direct human resources under a proven system

• Has an understanding of how to develop leadership skills on his/her team

• Demonstrates a strong work ethic and a high level of integrity

• Customer focused and responsive to customer needs

• Possesses a strong decision-making ability

• Effective communication skills

• Ability to follow directions

• Has a passion and enthusiasm for the business

• Interested in working in a fast-paced and highly charged industry

• Possesses a drive and desire to succeed

Total Required investment:

• Approximately $463,169.00 to $988,000.00 per unit. International costs vary with the local market, contact the Franchise Development Department to discuss. Company strongly prefers multi-unit franchise agreements in International markets and when entering new domestic markets. (Required investment is based off U.S. development costs. International store development costs will vary based on the local market)

Net Worth Requirements:

• Fatburger requires a minimum net worth of $1,500,000 (excluding automobiles, furnishings and personal residences), with a minimum of $500,000 in liquid assets. Liquid assets are defined as those which can be converted to cash within thirty (30) days.

• The cost of establishing a Fatburger restaurant will vary according to the size of the facility, relative land issues and the extent of necessary leasehold improvements. Twenty-five percent of the total cost must be funded from personal resources. The remainder may be funded through traditional financial institutions or our approved lending sources

• For multi-unit deals, must meet all FCCR and capital requirements

• Financial resources to support the business with debt/equity when necessary

• Ability to develop additional restaurants (if required)

Franchise Territory Requirements:

• Qualified individuals can now multiply their opportunity by owning exclusive development rights to multiple Fatburger restaurants in a specified area. Minimum net worth requirements of the multi-unit franchisee will be reviewed on an individual basis. The multi-unit franchisee will have to demonstrate that he/she possesses the financial strength and organization to maximize the development of the territory.

Start-up Costs:

• Your initial investment will vary based on the size of the restaurant and local conditions.