Smashburger
Burgers- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$942K - $2M
- Units as of 2022
-
245 18% over 3 years
Company Overview
About Smashburger
Industry | Food |
---|---|
Related Categories | Hamburgers,Food: Quick Service |
Founded | 2007 |
Parent Company | Jollibee Foods Corp. USA |
Leadership | Carl Bachmann, President |
Corporate Address | 3900 E. Mexico Ave., #1200 Denver, CO 80210 |
Social | Facebook,Twitter,LinkedIn,Instagram |
Business Overview
Franchising Since | 2008(15 years) |
---|---|
# of employees at HQ | 90 |
Where seeking | This company is offering new franchisees throughout the US. This company is offering new franchisees worldwide. |
# of Units | 245(as of 2022) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Smashburger franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee |
$40,000 |
---|---|
Initial Investment |
$941,860 - $2,017,426 |
Net Worth Requirement |
$2,000,000 |
Cash Requirement |
$500,000 |
Royalty Fee |
5.5% |
Ad Royalty Fee |
2.25% |
Term of Agreement |
15 years |
Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 264 hours |
---|---|
Classroom Training | 5 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit? |
No |
Can this franchise be run part time? |
No |
#运行所需的员工 | 25 |
Are exclusive territories available? |
No |
Interested in ownership opportunities like Smashburger? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Smashburger landed on this year's Franchise 500 Ranking versus previous years.
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