4/10

Franchimp Summary Rating

1 /10
Higher than 94% of peers

Franchise Summary

Description
The franchise is the right to establish and operate a Smashburger restaurant featuring hamburgers, sandwiches, salads, other food items and beverages.
Company Background
Smashburger is a fast-casual restaurant chain that specializes in hamburgers. The company's slogan is "fast food, but not as you know it." Smashburger has been successful with its focus on fresh ingredients and high quality, which sets it apart from other burger restaurants.
Franchise Opportunity
Establishing and operating a successful restaurant can be difficult. There are so many things to consider, from the food you serve to the d?cor of your restaurant. Running a restaurant is hard work. You have to worry about food costs, labor, marketing, and more. It can be tough to make a profit in the restaurant business. Smashburger is here to help. We offer our franchisees the training and support they need to succeed. Plus, our unique menu items will set your restaurant apart from the competition.
Corporate Structure
Smashburger Franchising LLC was originally formed in the State of Delaware on March 5, 2008 and began offering franchises as of April 8, 2008. Their principal business address is 3900 East Mexico Avenue, Suite 1200, Colorado, 80210.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Traditional" Units

Average Revenue Per Unit

Compared vs. Quick Service Restaurants (QSR) Industry

$937,764 / unit

Franchise Type: Traditional

Average Revenue During 2021

$937,764
$412,032
Industry Low
$1,773,176
Industry High

Financial Performance of "Special Venue" Units

Average Revenue Per Unit

Compared vs. Quick Service Restaurants (QSR) Industry

$1,232,221 / unit

Franchise Type: Special Venue

Average Revenue During 2021

$1,232,221
$412,032
Industry Low
$1,773,176
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Smashburger Franchisees

Smashburger Franchise System Development in 2024

FAQ

How much investment do I need to start my own Smashburger business?
Franchisees typically require at least $1,239,500 to $2,255,500 investment to get their Smashburger business started
What are the initial franchise fees for Smashburger?
Franchisees typically need to pay at least $41,500 in fees directly to Smashburger in order to earn the right to launch their business
How much money can I make with a Smashburger franchise? What are the average revenues for a typical Smashburger business?
We estimate that the average revenue of an individual Smashburger unit is approximately $937,764. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Smashburger unit? What is my contractual commitment?
Smashburger franchisees are typically required to sign up to a 15 year contract initially. The renewal length is 15 years. You can of course exit early but don’t expect to get any refund!

Accessibility

1 /10
The Franchisor's investment costs ranges from $1,239,500 to $2,255,500 which is Much Higher than the $0 to $0 average in the Quick Service Restaurants (QSR) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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