Wayback Burgers logo

Wayback Burgers Franchise

Audited Financials
Food and BeverageEst. 2002Cheshire, CT
www.waybackburgers.com

Risk Score

Pending analysis

Investment Range

$256,000 - $850,000

Franchise Fee

$20,000

Total US Locations

180

Business Summary

Wayback Burgers operates retail restaurants specializing in selling hamburgers, old-fashioned hand-dipped milkshakes in several flavors, distinctive chicken sandwiches, hot dogs, cheese dogs, salads, and merchandise. Wayback Burgers also offers a limited menu of side orders and drinks, including tater tots, french fries, onion rings, chili cheese fries, fountain sodas, and draft beer and wine. The restaurants may also provide delivery services.

Corporate History

Wayback Franchising LLC was originally formed on July 19, 2002, as Jake's Franchising LLC, and its corporate name changed to Wayback Franchising LLC effective April 11, 2025. The company initially operated under the names "Wayback Burgers" and "Jake's Franchising" but now conducts business solely as "Wayback Burgers." Wayback Franchising LLC has been offering franchises similar to Wayback Burgers since 2002. The company's primary business has been franchising, rather than operating restaurants of the same type as its franchisees.

Financial Overview

Investment Range

$256,000 - $850,000

Franchise Fee (Low)

$20,000

Franchise Fee (High)

$35,000

Royalty %

5%

Marketing %

2%

Equipment Costs (Low)

$165,000

Equipment Costs (High)

$615,000

Working Capital

$40,000

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

The auditors for Wayback Franchising LLC issued an unqualified opinion on the financial statements, despite a restatement for an error in income taxes and prepaid expenses in 2023, which did not modify their opinion. Wayback Franchising LLC's cash and cash equivalents exceeded FDIC insurance limits in both 2023 and 2024. The company reported a net loss of $171,309 in 2024, compared to a net income of $1,704,788 in 2023. Wayback Franchising LLC has transactions with related parties, including loans to JWB Management Group, LLC, an entity under common control. The company states it had no exposure to loss from its involvement with JWB as loans were collateralized and not guaranteed, and balances are considered collectible.

Financing Details

Wayback Franchising LLC does not offer any direct or indirect financing to franchisees and does not guarantee franchisee notes, leases, or other obligations. As security for payments and performance, Wayback Franchising LLC requires a security interest in all of the franchisee's present and future business assets, including equipment, inventory, and contract rights.

Performance Metrics

Total US Locations

180

Franchised Units

179

Corporate Units

1

Avg Square Footage

1,800

Franchising Since

2002

Agreement Terms

Initial Term

20 years

Renewal Term

5 years

Renewal Conditions

To renew their franchise agreement, Wayback Franchising LLC franchisees must provide written notice between 6 and 9 months before the current term ends. They must renovate their restaurant premises as reasonably required by Wayback Franchising LLC, ensure they are not in default of any agreements with Wayback Franchising LLC or its affiliates, and have satisfied all monetary obligations. Franchisees must also demonstrate their right to possess the premises for the renewal period, sign Wayback Franchising LLC's then-current franchise agreement (which may have materially different terms), sign a general release of Wayback Franchising LLC and its affiliates, comply with current qualification and training requirements, and pay a renewal fee equal to 10% of Wayback Franchising LLC's then-current initial franchise fee.

Training & Support Program

Franchisor Assistance

Wayback Franchising LLC provides franchisees with comprehensive assistance both before and during their restaurant's operation. Before opening, Wayback Franchising LLC approves the proposed site, provides standard design plans, and offers initial training for the franchisee and one manager at no charge. The company also makes advertising and promotional materials available (at the franchisee's expense), loans confidential operating manuals, provides a list of initial equipment, and offers a template for reporting sales, payroll, and inventory. After the restaurant opens, Wayback Franchising LLC continues to make advertising and promotional materials available (at the franchisee's expense), reviews and approves franchisee advertising, and conducts inspections of operations. Wayback Franchising LLC also offers ongoing advice and written materials on cooking, cleaning, storage, product preparation, new recipes, and general business operations. Additionally, Wayback Franchising LLC designates or approves suppliers, may set maximum and minimum prices for products and services (where permitted by law), and administers the Wayback Burgers Advertising Fund.

Initial Training Hours

140

Training Location

Cheshire, Connecticut

Ongoing Support

After the restaurant opens, Wayback Franchising LLC provides ongoing support by making advertising and promotional materials available to franchisees (at their expense), and reviewing and approving any advertising submitted by franchisees. Wayback Franchising LLC conducts inspections of restaurant operations, with initial inspections at its cost and follow-up inspections at the franchisee's cost. The company also offers ongoing advice and written materials on various operational aspects, including cooking, cleaning, storage, product preparation, new recipes, and general business management. Additionally, Wayback Franchising LLC designates or approves suppliers for products and equipment and may set maximum and minimum prices for products and services where permitted by law. Furthermore, Wayback Franchising LLC administers the Wayback Burgers Advertising Fund for system-wide marketing efforts. Franchisees may be required to attend additional or advanced training, which would be at their own expense for fees, travel, food, and accommodation.

Franchise Requirements

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

retail

Owner Participation

Hands-On

Territory Type

Non-Exclusive

Staffing Notes

Wayback Franchising LLC requires franchisees to maintain a competent, conscientious, and trained staff, including managers who have completed the required training. Franchisees must ensure employees provide good customer relations, prompt, courteous, and knowledgeable service, and adhere to appearance standards set by Wayback Franchising LLC in its manuals. Franchisees are responsible for all employment decisions, including hiring, firing, training, and discipline. Before attending initial training, the franchisee's majority owner, managers, and assistant managers must successfully complete a ServSafe® Manager certification program at the franchisee's expense. The franchisee is also responsible for all training required by applicable laws, such as first aid and CPR certification.