BurgerFi logo

BurgerFi

Burgers, chicken tenders and sandwiches, hot dogs, sides, desserts, milkshakes

Investment

$704,750

Initial Franchise Fee

$35,000

Units

77

Growth Rate

-35%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Food
Founded 2011
Franchising Since 2011
Parent Company BurgerFi Franchising LLC
Leadership Happy Asker, Owner/CEO
# of Employees at HQ 20

Units and Growth Chart

About BurgerFi

BurgerFi, which was founded in 2011 and began franchising later the same year, is an American fast-casual restaurant chain. They focus on hormone-free and antibiotic-free Angus hamburgers, crispy french fries, and mouth-watering hot dogs. They're dedicated to providing flavorful, healthy, and sustainable food. In addition to the usual staples of a fast-casual American restaurant, BurgerFi locations may sell craft beer and wine.

As you run your franchise, you may provide high-quality, fast, filling meals to hundreds of people. The perfect candidate for a BurgerFi franchisee usually has experience as a single or multi-unit restaurant operator, infrastructure, and resources to meet their development schedule and real estate experience in the market to be developed.

Why You May Want to Start a BurgerFi Franchise

If you love the idea of offering delicious organic food to people, then opening a BurgerFi franchise might be for you. They are known for their signature burgers, but they also offer fries, onion rings, hot dogs, chicken, and more. Using their tasty and proprietary recipes, you might prepare some of the best dishes from BurgerFi. 

As a BurgerFi franchisee, you generally join an extensive network of specialty fast-food restaurants committed to providing flavorful, organic, and delicious food. You may give people a place to come together and enjoy a great meal in a fun and casual environment. The community may enjoy an environment like BurgerFi. Plus, the delicious vegan options may ensure a diversity of clientele.

What Might Make a BurgerFi Franchise a Good Choice?

BurgerFi has been ranked in Entrepreneur’s Franchise 500 and has been ranked as a Top Food Franchise by Entrepreneur. These rankings are based on an evaluation of more than 150 data points. These points include areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

To be part of the BurgerFi team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. Additionally, you should be sure not to forget about the presence of ongoing fees, which will include royalty, advertising, and renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements. 

BurgerFi believes it has carved a strong niche for its franchisees in the food market—bringing tasty, organic beef burgers to the masses and providing healthier fast food options. They have the notoriety and the loyal customer base that together might combine to offer a business for a diverse community to come together. 

How Do You Open a BurgerFi Franchise?

You may begin the process of opening a BurgerFi franchise by submitting a franchise request form. After this step is completed, a franchise representative generally reaches out to you with more in-depth information on their brand, vision, available territory, as well as discussing your qualifications.

You might go through a background and credit check before BurgerFi sends you their Franchise Disclosure Document. Once you have signed on board, you usually go through a site selection process with the BurgerFi real estate team's help.

After this, you may make construction and design plans, and you can start implementing them while you go through the BurgerFi training program. You typically then attend a comprehensive BurgerFi training boot camp and a pre-opening marketing program to equip you with the necessary skills to run the day-to-day operations.

You may receive confidential operations and training manuals as well as post-opening marketing training once you have opened your franchsie. BurgerFi is ready to support you every step of the way.

Investment Details

Initial Franchise Fee $35,000
Initial Investment $704,750 - $1,171,500
Net Worth Requirement $1,000,000
Cash Requirement $500,000
Royalty Fee 5.5%
Ad Royalty Fee 2%
Technology Fee $100/mo.
Term of Agreement 10 years
Is Franchise Term Renewable? Yes
Financing Third Party
Veterans Incentive 25% off franchise fee

Available Territories

Franchising opportunities available in the following regions

United States

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training 205 hours
Classroom Training 33 hours

Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed? Yes
Can this franchise be run from home/mobile unit? No
Can this franchise be run part time? No
# of employees required to run 12-20
Are exclusive territories available? Yes

Ranking History

BurgerFi performance in the Franchise rankings over recent years

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022