Yesterday we sold Culver’s of Lawrenceville GA - our first location which we built in 2016. This is a short summary of our Culver’s story the past 9 years in GA and TN and a big thank you to all who helped get our business off the ground. Looking forward to finding the next deal!
@McFranchisee To make same profit on delivery order as regular dine in or DT order I have to charge a 40% premium. I avg $100k in delivery fees per location per yr. In 5 years l may be able to lease three self driving Teslas and 3 Optimi per location to manage delivery for a fraction of cost.
@DudespostingWs If you look closely in the hospital windows most games you will see a child with no hair waving back. That is usually when the tears get me. Unearned suffering is redemptive. Redemptive for both the sufferer and the community.
@realEstateTrent The way you know if you are old is with the “oh boy” test. If every time you get up from a couch you say “oh boy” then you have crossed into old age.
There is no such thing as "allowing you to speak to franchisees" when you're evaluating franchises
Contact info for franchises is listed in the back of the FDD
Pick up the phone and call whoever you want
Permission is not required
If you don't feel comfortable calling people from an FDD, find them on social media and shoot them a DM
Guarantee you will be happy you did it!
@TRUmav These posts are really helpful to those of us in the biz! Our float numbers per location are similar and no interest being earned on that for us currently. Thx @TRUmav
@YOTB1987 Thank you for this message and also we really like your songs you post on here sometimes. U r an amazing and inspiring human with lots of love behind you!
Culver's continues its impressive run as one of the most impressive (and underrated) QSR brands
New 2024 numbers:
- $3.79M Avg Unit Volume (up 9% from $3.49M)
- 183 of the 935 disclosed doing over $4.5M AUV
- 53 new locations (and 50+/yr for last 5+ years). Expecting 50+ again in 2025
- 997 locations open, with *3* closures in 40 years
- Still family owned and operated (with minority investment from Roark)
@BerniceKing One of my favorite things about @ArethaFranklin is that she required cash upfront as payment before performing. And I might be wrong about this but I think she negotiated her own deals without an agent. Heck yes. Love her.
@AndyBeshearKY Lefty to opposite field! Fun to watch. I’ve got a 15 year old baseball player. Perhaps we will see you at a parents weekend at Vandy in a few years and if our boys aren’t playing baseball any more they can run Interhall together! 🤪
Congrats to our Lawrenceville GA location which broke its all time daily sales record on Friday and then again on Saturday. And that means our all time weekly sales record was absolutely obliterated. Owner Operator and Veteran Donny Maytum is the best. Whattaburger, Canes, Millers, and City BBQ all opened up in a brand new development across the street in the past 18 months which makes these record breaking times all the more special. Good things happening at Culver’s 614!Lawrenceville GA.
It has been 9 years since I left big law to open our first Culver’s. @culvers and the Culver family are the best franchise partners in the biz. Thx to all the leaders (Keiserx2, Bonner, Koss, Metzaros-Stuttgen, Ballwegx3, Fussner, Anderson, Silva, Esposito, Childs, etc etc) who mentored us along the way. And mostly thanks to our team (Maytum, Johnson, Warren, Phan, Alexis, DeBerry, Hyatt, Huddles, Alonso/Cruz, Machado, etc etc) who have given their heart and care to our biz. We are just getting started.