Food & Beverage FDD Analyzed

Smashburger

SMASHBURGER FRANCHISING LLC

DENVER, CO Website FDD: April 16, 2025
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Investment Range

$1,239,500 - $2,255,500

Franchise Fee

$40,000

Royalty

5.5%

Marketing Fee

2.25%

Total Units

194

Median Revenue

Unit Growth

Last 5 years

2022

217

-2.8%

2023

211

-8.1%

2024

194

Initial Investment Breakdown

CategoryLowHigh
Initial Fees$40,000$40,000
Leasehold Improvements$710,000$1,257,000
Furniture, Fixtures and Equipment$264,000$458,000
Signage$25,000$60,000
IT, POS System$40,000$50,000
+ 13 more categories (apply to see all)
TOTAL INVESTMENT$1,239,500$2,255,500

Financial Performance Data

Access detailed revenue metrics, expense breakdowns, and profitability data from the Item 19 Financial Performance Representation.

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Franchisee Contact Directory

82

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Is Smashburger a Good Investment?

Based on the FDD data, here are key factors to consider when evaluating a Smashburger franchise opportunity:

Potential Advantages

  • Growing network with 194 locations

Considerations

  • Declining unit count may indicate market challenges
  • Litigation history disclosed in FDD (review Item 3 carefully)
  • No Item 19 Financial Performance Representation provided
  • Higher initial investment requires significant capital

Disclaimer: This analysis is based on publicly available FDD data and should not be considered financial advice. Always consult with a franchise attorney and accountant before making any investment decision.

Frequently Asked Questions About Smashburger

How much does a Smashburger franchise cost?

The total initial investment for a Smashburger franchise ranges from $1,239,500 to $2,255,500. This includes the franchise fee, equipment, inventory, real estate, and other startup costs as disclosed in the FDD.

What is the Smashburger franchise fee?

The initial franchise fee for Smashburger ranges from $40,000 to $40,000.

What are the ongoing fees for a Smashburger franchise?

Smashburger franchisees pay a 5.5% royalty fee and a 2.25% marketing/advertising fee on an ongoing basis.

How many Smashburger franchise locations are there?

Smashburger currently operates 194 franchise locations. This includes both franchised and company-owned units.

Quick Facts

Litigation Disclosed
Bankruptcy None
Protected Territory Yes
Item 19 (FPR) Not Provided
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