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Wayback Burgers Franchise Costs, Fees & FDD

NOTE: FDD pages are provided for informational purposes only. It is an overview of what is contained in the full document, which is to be given to the prospective franchisee by the franchise--and receipt of which must be formally notarized between the parties.

Year Business Began: 1991

Franchising Since: 2009

Headquarters: Cheshire, Connecticut

Estimated Number of Units: 180

Franchise Description: The franchisor is Jake’s Franchising LLC. Wayback Burgers restaurants specialize in hamburgers, old-fashioned, hand-dipped milkshakes in several select flavors, distinctive chicken sandwiches, hot dogs, cheese dogs, salads and merchandise, and an approved, limited menu of side orders and drinks.

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Training Overview: The initial mandatory training program will take place in Cheshire, Connecticut, or at another location that the franchisor chooses. The duration is normally 15 days. This initial training will be provided to the franchise’s individual majority owner, and one designated manager. Before attending the initial training program, the individual majority owner and each manager and assistant manager must attend and successfully complete a ServSafe certification program, at the franchisee’s sole expense. The franchisor may require franchisees or their manager to receive or attend additional or advanced training as it may reasonably require, and franchisees must pay the then-current training fee, or whatever charge is made by third-party trainers, plus travel, food, and accommodations, and all other necessary expenses, subject to increase.

Territory Granted: The franchise is granted for a specific location approved by the franchisor. Franchisees will not receive an exclusive territory under the Franchise Agreement. Franchisees may face competition from other franchisees, from outlets the franchisor owns, or from other channels of distribution or competitive brands that it controls.

Obligations and Restrictions: Franchisees or their designated manager who has completed the initial training program must devote full time and best efforts to the management and operation of the franchised business. Franchisees or their designated manager must be on the premises operating the restaurant during peak hours of restaurant operation as the franchisor specifies in writing. Each equity or voting owner who owns 5% or more of the franchised business must personally guarantee the Franchise Agreement including confidentiality and non-competition covenants. To maintain uniform quality standards, franchisees must follow the franchisor’s directions concerning the services and products they provide. Franchisees may sell only those approved services and products consistent with the image and product line as have been expressly approved by the franchisor.

Term of Agreement and Renewal: The length of the initial franchise term is 20 years. Franchisees have the right to renew the Franchise Agreement for two consecutive terms of five years each, if requirements are met.

Financial Assistance: The franchisor does not offer direct or indirect financing. The franchisor does not guarantee a franchisee’s note, lease or obligation.

Estimated Initial Investment
Name of FeeLowHigh
Initial Franchise Fee$35,000$35,000
Leasehold Improvements$75,000$350,000
Initial Rent Outlays$2,500$20,000
Equipment$85,000$255,000
Outside Fixtures and Furnishings$5,000$10,000
Signage$7,000$35,000
Initial Inventory$9,000$13,000
Supplies$5,000$35,000
Travel and Living Expenses During Training$1,000$10,000
Utility Deposits$0$5,000
Prepaid Insurance Premiums$500$5,000
Permits and Licenses (including design fees)$6,000$12,000
Grand Opening Advertising$5,000$5,000
Additional Funds and Miscellaneous$20,000$60,000
ESTIMATED TOTAL$256,000$850,000
 
Other Fees
Type of FeeAmount
RoyaltyThe greater of 5% of weekly gross sales or $400 per week.
Continuing Local Marketing and Advertising2% of monthly gross sales.
Advertising Fund2% of weekly gross sales.
Regional Advertising CooperativesUp to 2% of weekly gross sales.
Advisory Council FeeIf the franchisor establishes a franchise advisory council, franchisees must participate actively in the council and in all council programs and pay a fee, as determined by the advisory council.
Interest18% per annum, or maximum rate permitted by law, whichever is less.
InsuranceCost of insurance and, if not obtained by franchisees, the franchisor’s procurement expense.
Audit FeesCost of audit.
TrainingThen-current training fee and amount of expenses, currently $200 per person per day.
Site SelectionAmount of the franchisor’s expenses for on-site evaluations.
Transfer Fees50% of the then-current initial franchise fee per restaurant; or the franchisor’s actual expenses if transfer is to entity the franchisee forms.
Renewal Fee10% of the then-current initial franchise fee.
IndemnificationCost of liability.
Fees on Default and IndemnityCost of collection and attorneys’ fees.
Cost of Approval of Supplier and for Testing Samples of ItemsActual cost of evaluation.
Computer, Website, Point-of-Sale and Other Equipment Maintenance, Upgrades, UpdatesApproximately $2,400 to $4,500 per year.
RefurbishmentApproximately $500 to $5,000 per year.
Walmart Sublease FeesPercentage rent 2% - 12% of gross revenues per month; insurance fee $0 - $300 per month, common area maintenance fee: $975 - $2,000 per month.
Overdraft Fee$50
The above information has been complied from the FDD of Wayback Burgers. Year of FDD: 2025.
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