Burger 21, a new better burger franchise founded by the owners of The Melting Pot Restaurants Inc., announces the signing of two new multi-unit franchise agreements in Florida. Seven new restaurants will be developed over the next several years in the Fort Myers – Naples corridor, Fort Lauderdale, Coral Springs, Davie, and Pembroke Pines. The agreements are a result of Burger 21’s aggressive expansion efforts to bring its burgers and shakes to cities across the country. To date, Burger 21 has six restaurants open in Florida and 18 franchised locations in development along the East Coast.
“We’re thrilled to continue our expansion in Florida and build a presence for the brand in the southern part of the state,” says Mark Johnston, Burger 21 president and chief concept officer and president of Front Burner Brands, management company for Burger 21. “Burger 21 offers franchisees a unique investment opportunity, and we look forward to working closely with our new franchisees to help them realize the benefits of growing with Burger 21.
To further fuel Burger 21’s national expansion, the company is actively seeking qualified franchisees and will host a live webinar on April 4 at 2 p.m. EDT.
Since launching its aggressive growth plan in fall 2011, Burger 21 has signed franchise agreements with nine different entities in seven states to develop a total of 20 franchised units in cities along the East Coast from New York to Florida.
Burger 21 is seeking single and multi-unit operators with restaurant experience to join its upscale fast casual dining concept. Franchisee candidates should have a minimum net worth of $500,000 and liquid assets of at least $200,000 per unit.
Burger 21 will be developed through both single-unit agreements and
area development agreements. Depending on the real estate site selected, franchisees can expect the total investment for one restaurant to be approximately $597,995 – $831,995. The initial franchise fee is $40,000; however, reduced franchise fees apply for area development agreements of four or more units.
