Popular movie themed burger concept announces strategy to offer prospects a more profitable approach to being their own boss by offering license partnership agreements
Jaws Jumbo Burgers, a movie themed burger concept, announces today plans to open multi- units with an innovative limited partnership licensing agreement. The brand is offering future prospects the opportunity to operate a Jaws Jumbo Burgers with 99.5% ownership of the business and profits. The Partner/Licensee is responsible for all business costs and liabilities. Jaws Jumbo Burgers will own .5% of the business along with a monthly flat rate partnership support fee.
The Partner/Licensee keeps all profits obtained from the business and Pays No Weekly Royalty Fees, Advertising Fees and No Hidden Fees. The brand also does not mandate weekly reporting or auditing, leaving no need for a POS system. The Limited Partnership Licensing Agreement is unconventional in that it does not require all the costly fees that are associated with traditional franchised restaurants.
Established in 1985, Jaws Jumbo Burgers is family-owned and operated and has built a reputation in Michigan and now in Tennessee.
“As an independent it is extremely costly to expand using the traditional franchise route. We think everyone should have the opportunity to enjoy our fresh 100% ground sirloin burgers that we grind daily in-house and is made to order. Our customers are always asking us to open a Jaws Burgers in their town so we had to come up with a creative way to grow,” says Representative Yolonda Diamond. She also adds, “The limited partnership license agreement allows us to get our brand in every city and for our partners to make money without the enormously high fees associated with traditional franchised restaurants.”
The Partner/Licensee gets to keep all the money they make in their Jaws Jumbo Burgers restaurant. A non-refundable license fee of $40,000 is required for the rights to use the Jaws Jumbo Burgers system and operate under their name, along with a low monthly flat rate partnership support fee. For more information about Jaws Jumbo Burgers and the limited partnership license agreement, visit www.jawsjumboburgers.net.
