FranDB
BurgerFi

BurgerFi

BurgerFi is a fast-casual restaurant franchise offering all-natural Angus burgers, hot dogs, fresh-cut fries, onion rings, craft beers, wine, and frozen custard products, with lunch and dinner menus available for dine-in, take-out, or delivery. The business operates under a proprietary system including specific recipes, trade dress, trademarks, and operational standards to ensure quality and uniformity. It targets consumers seeking premium, natural fast-casual dining experiences, competing in a highly competitive market with other burger chains and restaurants.

Since 2011Food & BeverageFarmington Hills, MIBFI Restaurant Group Holdings LLCwww.burgerfi.com
Item 19 AvailableSBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$704,750 - $1,171,500
Franchise Fee
$35,000
Locations
66

Financial Requirements

Franchise Fee$35,000
Initial Investment Range$704,750 - $1,171,500
Royalty Rate5.50%
Brand Fund2.00%
Fixed Monthly Fees$279 - $279

5.5% royalty + 4% marketing contribution (2% to Marketing Fund + 2% local) + $279/mo fixed fees (online ordering, LMS, gift card/loyalty)

Franchise Stats

Franchise Locations66
Corporate Locations16
States Operating27
Franchising Since2011
FDD Year2025

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$1,258,412.18
Median Gross Revenue
$1,241,070.54
Top Quartile Revenue
$1,859,598.62
Bottom Quartile Revenue
$648,494.11

Data Based On: 55 franchised outlets open and operating for a full calendar year at the end of 2024

Extracted Item 19 Section

How BurgerFi Compares to Other Fast Casual Franchises

Key Insights

  • Higher investment than 78% of Fast Casual franchises
  • Higher than average SBA loan default rate in Fast Casual
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
BurgerFi
Current
$705K - $1.2M$35K5.5%66
Tropical Smoothie Cafe$300K - $721K$35K6.0%1,371
TROPICAL SMOOTHIE CAFÉ$300K - $721K$35K6.0%1,371
FIREHOUSE SUBS RESTAURANTS (UNIT)$379K - $1.4M$20K6.0%1,248
Zaxby's$1.4M - $3.8M$35K6.0%826
Qdoba$548K - $1.3M$40K5.0%652
Fast Casual Average
107 franchises
$532K - $1.2M$39K5.6%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 107 Fast Casual franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States by Outlet Count
1FL
25
2MD
7
3NY
6
4GA
4
5VA
3
6NC
3
7PR
3
8AL
2
9IN
2
10PA
2
11IL
1
12MI
1
13NJ
1
14OH
1
15AK
1

+11 more states

SBA Loan History

Historical SBA 7(a) loan data for BurgerFi franchisees (2013 - 2022)

Total Loans
22
Average Loan Amount
$667,391
Total Loan Volume
$14,682,600
Default Rate
0.0%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases2

Primarily fraudulent inducement, misrepresentation, and breach of contract disputes with franchisees and developers, including failures to meet development schedules and operating standards.

Bankruptcy (Item 4)

Bankruptcy HistoryYes

International and its affiliates filed Chapter 11 on September 11, 2024.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
20
Non-Renewals
0
Reacquired by Franchisor
0
Ceased Operations (Other)
0
System Transfers
2
Sold to Franchisees
0
Projected New Franchises
2

Frequently Asked Questions

How much does it cost to open a BurgerFi franchise?

The total initial investment to open a BurgerFi franchise ranges from $704,750 to $1,171,500. This includes a franchise fee of $35,000. Ongoing royalty fees are 5.5% of gross sales.

How much revenue does a BurgerFi franchise make?

According to the 2025 FDD, the average gross revenue for a BurgerFi franchise is $1,258,412.18. The median revenue is $1,241,070.54.

How many BurgerFi franchise locations are there?

As of the 2025 FDD, BurgerFi has 66 franchise locations. The company has been franchising since 2011.

Can you get an SBA loan for a BurgerFi franchise?

Yes, SBA loans are available for BurgerFi franchises. Historical data shows 22 SBA 7(a) loans have been approved for BurgerFi franchisees, with an average loan amount of $667,391. The historical default rate is 0.0%.

Is BurgerFi a good franchise to buy?

BurgerFi shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

Interested in BurgerFi?

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