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Email Address
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Email Address
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10/10

Franchimp Summary Rating

10 /10
Lower than 0% of peers
9 /10
Lower than 12% of peers

Franchise Summary

Company Background
Elevation Burger is a burger restaurant that was founded in 2009 by lifelong friends, Rick and Heidi Harmon. We offer franchises for the of " Elevation Burger" restaurant offering hamburgers, fries and milkshakes using fresh and organic ingredients on a dine in and carry out basis. The company strives to be the most environmentally responsible burger joint possible.
Franchise Opportunity
Elevation Burger is committed to using fresh and organic ingredients, but many people are not familiar with what "organic" means. Most people are not familiar with the term "organic," and as a result they may be hesitant to try our food. All of our ingredients are certified organic, which means that they have been grown without the use of synthetic fertilizers, pesticides, or herbicides. Our food is also GMO free and we never use antibiotics or hormones in our meat.

Franchisee Attrition

10 /10
This franchise's rate of attrition in 2023 of 0.00% was Lower than the 8% in the QSR industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year. It is a strong indicator of the strength of the underlying operating model

Employee Contact Database

# Name Position Phone Number Email Address

Franchise Disclosure Documents

FDD Effective Date

Distribution of Elevation Burger Franchisees

Elevation Burger Franchise System Development in 2021

FAQ

How much investment do I need to start my own Elevation Burger business?
Franchisees typically require at least $408,500 to $821,500 investment to get their Elevation Burger business started
What are the initial franchise fees for Elevation Burger?
Franchisees typically need to pay at least $35,000 in fees directly to Elevation Burger in order to earn the right to launch their business
How much money can I make with a Elevation Burger franchise? What are the average revenues for a typical Elevation Burger business?
We haven’t done the math on how much revenue a typical Elevation Burger brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $0 revenue, so we would expect Elevation Burger to generate a similar amount
How long do I need to commit to running a Elevation Burger unit? What is my contractual commitment?
Elevation Burger franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

9 /10
The Franchisor's investment costs ranges from $177,500 to $341,000 which is Much Lower than the $619,545 to $1,693,635 average in the 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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