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.
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
Financial Requirements
5.5% royalty + 4% marketing contribution (2% to Marketing Fund + 2% local) + $279/mo fixed fees (online ordering, LMS, gift card/loyalty)
Franchise Stats
Financial Performance
Item 19 Financial Performance
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
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
BurgerFi Current | $705K - $1.2M | $35K | 5.5% | 66 |
| Tropical Smoothie Cafe | $300K - $721K | $35K | 6.0% | 1,371 |
| TROPICAL SMOOTHIE CAFÉ | $300K - $721K | $35K | 6.0% | 1,371 |
| FIREHOUSE SUBS RESTAURANTS (UNIT) | $379K - $1.4M | $20K | 6.0% | 1,248 |
| Zaxby's | $1.4M - $3.8M | $35K | 6.0% | 826 |
| Qdoba | $548K - $1.3M | $40K | 5.0% | 652 |
Fast Casual Average 107 franchises | $532K - $1.2M | $39K | 5.6% | - |
* 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
+11 more states
SBA Loan History
Historical SBA 7(a) loan data for BurgerFi franchisees (2013 - 2022)
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)
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)
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
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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