Cook Out Franchise Cost, Fees & Profit 2024 (2024)

Cook Out is a favorite fast-food place in the United States. The company started selling franchises in 2010 and has done well.

If you want to start a Cook Out franchise, there are important things to know. This guide will tell you what you need to begin.

Interested In Cook Out Franchise?

About Cook Out Franchise

Cook Out Franchise Cost, Fees & Profit 2024 (2)

Certainly! Below is a table displaying the information for Cook-Out Restaurant:

MetricValue
2020 U.S. Sales ($000,000)$141*
YOY Sales Change10.4%
2020 U.S. Units295
YOY Unit Change9.3%
SegmentQuick Service
Menu CategoryBurger

(Note: YOY stands for Year-Over-Year, indicating the change from one year to the next.)

Cook Out is a famous fast-food chain in the United States. They serve Southern-style food like grilled burgers, hot dogs, barbecues, and milkshakes.

The chain started in Greensboro, North Carolina, in 1989. Cook Out is a private company and does not offer franchising opportunities. Many people enjoy their fresh food and friendly service.

History Of CookOut

Cook Out began in 1989 in Greensboro, North Carolina. The first store opened in High Point, NC, in 1996. By 1998, there were 10 stores in North Carolina.

2010 they opened their first store outside North Carolina in Spartanburg, South Carolina. Today, Cook Out has 840 locations around the world, all of them in the United States. The company owns 254 of these stores.

Cook-Out Menu

Cook Out is famous for its burgers, milkshakes, and barbecues.

Their menu includes Cook-out trays, char-grilled hamburgers, chicken breast, chicken strips, chopped pork BBQ, hot dogs, wraps, sides, milkshakes, desserts, and drinks.

The Milkshakes

Cook-out offers around 40 different milkshake types. They have many flavors and combinations. If you have a sweet craving, one of their famous Cook-out milkshakes will satisfy it!

Cook-Out also offers Cookout Trays. These include a main course, two sides, and a drink. This gives many choices for everyone.

Cook Out Franchise Model

Cost Or FeesAmount
Initial Investment$310,00-$615,00
Liquid Capital$200,000
Franchise Fee$35,000
Estimated Outlets 840

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Does Cook Out Franchise?

Cook Out is a popular restaurant chain, but it is not a franchise. This means you cannot buy a Cook Out franchise because they do not offer franchising opportunities.

If you are looking to join this chain, you need to have at least $100,000 in cash. For more details, you might want to contact the restaurant directly.

Benefits Of Owning A Cook Out Franchise

If Cook Out ever decides to offer franchising, here are some possible benefits:

  • Affordably priced menu: Cook Out has a good price for its food. For example, their Cook Out Tray is only $4.99.
  • Variety: They serve more than burgers, like barbecues, hot dogs, and 40 types of milkshakes.
  • Hours of Operation: Cook Out has flexible hours, which could mean more sales.

How Much Does a Cook-Out Franchise Cost?

Cook Out Franchise Cost, Fees & Profit 2024 (3)

Since Cook-Out is a private company and does not offer franchising, you cannot buy a franchise. If you want to know more, you could try asking them on social media about any future plans to franchise.

How Much Profit Does Cook-Out Franchise Make?

Cook Out does not have franchises, so there is no information on how much profit they make.

Profits in a franchise can depend on different things like how much you invest, what your costs are, and how much people want your product. However since Cook Out is not a franchise, this information is not available.

Cook Out Revenue

Cook-Out Restaurant has shown growth in the United States with its 2020 revenue reaching $141 million. This impressive figure is linked to the operation of 295 units nationwide. The revenue growth is further highlighted by a 10.4% Year-Over-Year (YOY) sales change, reflecting a positive trend in the company’s performance.

Entrepreneurs considering a venture into the restaurant franchise sector might explore options such as Sweetgreen Franchise, Tim Hortons, Underdog BBQ Franchise, Olive Garden, and Jack In The Box.

Cook Out Alternatives

CompanyWendy’sCheckers
Founded In19691986
Initial Investment$2,000,0000-$3,000,000$165,000 – $1,235,400
Franchise-Fee$40,000$30,000
Total Outlet6500800
Annual Revenue1.9 Billion$302.4 Million

FAQ

Where was Cook Out Founded?

The Cook Out was founded in Greensboro, North Carolina.

Is the Cook-out restaurant a chain?

Cook Out is a privately held fast food restaurant based in the United States.

Does Cook Out offer franchise opportunities?

Cook Out is a privately-owned company and does not currently offer franchising opportunities.

Who is the owner of Cook Out?

Cook Out is a privately owned company founded by Morris Reaves in Greensboro, North Carolina, in 1989. The company is still majority-owned and operated by the Reaves family.

Cook Out Franchise Cost, Fees & Profit 2024 (4)

Amit Gupta

Amit Gupta is an experienced expert in digital marketing and co-founder of DrFranchises. With more than 11 years of knowledge in franchise digital marketing, SEO, email marketing, and social media marketing, Amit has helped many brands achieve incredible success online. As a passionate entrepreneur and owner of 7 franchises, he continues to study franchise models, looking at costs, revenue, and profitability to guide brands toward profitable growth. When he’s not working on digital marketing, Amit enjoys spending time playing with his beloved dog.

Cook Out Franchise Cost, Fees & Profit 2024 (2024)

FAQs

Is Cook Out profitable? ›

Cook Out's revenue is $125.0 million.

Cook Out has 13,000 employees, and the revenue per employee ratio is $9,615. Cook Out peak revenue was $125.0M in 2023.

How much is a Cook Out restaurant franchise? ›

Franchise Fee

When opening a Cookout restaurant, you'll need to pay a franchise fee to the Cookout corporate office. This fee covers the right to use the Cookout brand, as well as ongoing support and training. The franchise fee for a Cookout restaurant typically ranges from $10,000 to $25,000.

What is the average franchise fee? ›

This fee can be any amount above $500 (it must be above $500 to trigger the “payment” element of the FTC Rule). Every franchisor charges a different fee based on their particular business and the industry they're in. Across all franchises, the average initial fee hovers around $25,000 – $50,000.

What are the costs associated with operating a franchise? ›

Franchise fee

In exchange for the fee, the franchisee is granted the right to use the franchisor's brand name, business model, and IP. Depending on how established the brand is, the terms of the franchise deal, and the levels of support provided, this fee can range from $10,000 to $100,000.

What restaurant is the most profitable? ›

7 Most Profitable Types of Restaurants in 2024
  1. Fast-food restaurants. Also known as quick service restaurants, fast-foods serve to-go food at counters or drive-thrus. ...
  2. Pizzerias. ...
  3. Ghost kitchens. ...
  4. Pop-up restaurants. ...
  5. Food trucks. ...
  6. Cafés. ...
  7. Breakfast & brunch restaurants.
Mar 21, 2024

Do restaurant owners make a lot of money? ›

How much restaurant owners make can be as high as $333,000 and as low as $19,500 per year. According to ZipRecruiter, the majority of restaurant owners earn between $45,500 and $100,000, with the average restaurant owner's salary just over $97,000, which equates to roughly $47 an hour.

What is the richest food franchise? ›

1. McDonald's. McDonald's is the world's largest franchise network with an incredible $89 billion in global sales.

Can you buy a Cook Out franchise? ›

Learn more about other great burger franchise alternatives. If you've been looking to open your own Cook Out franchise, we have bad news: Cook Out is privately owned and does not currently franchise. If you're still interested in owning a burger restaurant, however, we have some great burger franchise alternatives.

How much money can you make owning a franchise restaurant? ›

Financial Considerations When Buying a Food Franchise. Average Income is $122,000. Research from Franchise Business Review shows that the average annual income of food franchise owners is $122,343 for those in business at least two years. That said, averages can be misleading.

Do you pay a franchise fee every year? ›

The Franchise Fee (also called the “initial franchise fee”) is the one-time payment made by a franchisee to the franchisor for joining the franchise system, usually upon signing the Franchise Agreement.

How much does a Chick-fil-A owner make a year? ›

Chick Fil A Franchise Owner Salary
Annual SalaryMonthly Pay
Top Earners$242,000$20,166
75th Percentile$125,000$10,416
Average$86,197$7,183
25th Percentile$26,500$2,208

What is a monthly franchise fee? ›

A royalty fee is an ongoing payment that is collected by the franchisor on a monthly or weekly basis. The idea behind franchise royalty fees is that franchisors do well when franchisees do well. The average royalty fee is between 4% to 12%.

How much does a Chick-fil-A franchise cost? ›

How much does a Chick-fil-A franchise cost? Depending on location, size of your store, the amount of inventory you carry at opening, the size of your retail team, and many other variable start-up costs, opening a new Chick-fil-A franchise can cost anywhere from $300,000 up to $2,450,000.

How much is it to buy a franchise of Chick-fil-A? ›

Opening a Chick-fil-A franchise costs between $342,990 and $1,982,225, including a $10,000 franchise fee, but unlike most other franchisors, Chick-fil-A covers all opening expenses, meaning franchisees are on the hook only for that $10,000.

Is a franchise fee a one-time payment? ›

Initial Franchise Fee

This one-time payment is your admission into the franchise. This fee covers the cost of your training and support as you launch your business, including the franchisor's expenses for the following: onsite training, site selection assistance, marketing, and more.

How do you make a successful Cook Out? ›

10 Tips for Hosting a Cookout
  1. send Invitations. You don't need to send fancy invitations for a cookout. ...
  2. Make a list. ...
  3. Prep Early and do a big grocery shop ahead of time. ...
  4. don't be afraid to Delegate. ...
  5. put out plenty of tables and chairs. ...
  6. use lights and fresh flowers for simple Decor. ...
  7. provide sunscreen and bug spray. ...
  8. set up Games.
May 24, 2022

Do restaurants make a good profit? ›

The Average Restaurant Profit Margin

According to the Restaurant Resource Group, the average restaurant profit margins fall between 2%-6%, but they vary depending on type of restaurant: Average profit margin for Fast-food restaurants: 6 to 9% Average profit margin for Full-service restaurants: 3 to 5%

Is it cheaper to make food at home or eat out? ›

For those who want a quick and easy answer: It's generally cheaper to cook food at home than eat out. The reason so many people can get stuck on the question is the human psychology variable. People don't always spend wisely, and it isn't as if prices are always the same at a supermarket or a fast food restaurant.

Do investors in restaurants make money? ›

A restaurant investor may be paid in two ways, depending on the investment structure. These include receiving a share of profit and/or receiving interest. An investor who provides capital for the restaurant in exchange for a percentage of ownership (equity) receives a share of the restaurant's profits.

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