Under the Burger King Crown Your Career Program, what agreements must be signed to purchase a Burger King Restaurant?
Burger_King Franchise · 2025 FDDAnswer from 2025 FDD Document
Under the Crown Your Career Program, we are offering qualified individuals employed by us (or our affiliates) the opportunity to purchase one or more BURGER KING Restaurant(s) owned by us or our affiliate after the employee has worked at one or more of the Restaurant(s) for a specified period of time, usually 1-3 years. To take advantage of this opportunity, you must meet all of our requirements, including that you are employed by us (or our affiliate) at the time of the offer to purchase the Restaurant(s), you must also meet our financial requirements to purchase the Restaurant(s), the Restaurant(s) must meet certain performance requirements and you must have completed any training we require. We have no obligation to offer you a franchise, but if we do, you have no obligation to accept it. If you accept the offer, you will sign our current form of Asset Purchase Agreement, which will vary for the Restaurant(s) being purchased and may differ from the form attached to this disclosure document as Exhibit G3, and current form of Franchise Agreement along with the current form of Crown Your Career Program agreements, which may differ from the forms attached to this disclosure document, to purchase the BURGER KING Restaurant(s), obtain financing from us (if we offer it in our sole discretion), and lease or sublease the premises as we require. The current forms of Crown Your Career Franchise Agreement Addendum, Promissory Note, and Security Agreement, as of the issuance date of this disclosure document, are attached as Exhibits Z1 – Z4. In addition to other requirements that we may impose, you must own all of the equity interests of the franchise and you and your spouse or partner must sign a personal guarantee of your obligations under the Franchise Agreement and other agreements. We may modify or discontinue this program at any time.
If you are a new franchisee, you are required to participate in the "Fuel the Flame" Program. Your obligation to pay the advertising contribution with the Ad Fund "Fuel the Flame" program will be set forth in a "Fuel the Flame" Coinvestment Agreement in the form attached as Exhibit Y1.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 10–18)
What This Means (2025 FDD)
According to the 2025 Burger King Franchise Disclosure Document, the Crown Your Career Program offers qualified Burger King employees or its affiliates the opportunity to purchase one or more Burger King Restaurants owned by Burger King or its affiliate. To be eligible, employees must have worked at a Burger King Restaurant for a period of 1-3 years, meet financial requirements, and complete required training.
If Burger King offers this opportunity and the employee accepts, they must sign the current form of Asset Purchase Agreement, which may vary from the one attached as Exhibit G3, and the current form of Franchise Agreement. Additionally, the current form of Crown Your Career Program agreements must be signed. These agreements may differ from the forms attached to the disclosure document. The current forms of Crown Your Career Franchise Agreement Addendum, Promissory Note, and Security Agreement are attached as Exhibits Z1 – Z4.
Furthermore, the franchisee must own all equity interests of the franchise, and both the franchisee and their spouse or partner must sign a personal guarantee of their obligations under the Franchise Agreement and other agreements. Burger King retains the right to modify or discontinue this program at any time. If the franchisee is new, they are required to participate in the "Fuel the Flame" Program and sign a "Fuel the Flame" Coinvestment Agreement, as shown in Exhibit Y1.