- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$1.3M - $2.4M
- Units as of 2023
-
243 3.0% over 3 years
Company Overview
About Smashburger
Industry | Food |
---|---|
Related Categories | Hamburgers, Food: Quick Service |
Founded | 2007 |
Parent Company | Jollibee Foods Corp. USA |
Leadership | Toni Bianco, SVP Global Operations |
Corporate Address |
3900 E. Mexico Ave., #1200 Denver, CO 80210 |
Social | Facebook, Twitter, LinkedIn, Instagram |
Business Overview
Franchising Since | 2008 (16 years) |
---|---|
# of employees at HQ | 90 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
# of Units | 243 (as of 2023) |
|
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
|
$1,332,060 - $2,354,384 |
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
|
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 |
# of employees required to run | 25 |
Are exclusive territories available?
|
No |
Franchise 500 Ranking History
Compare where Smashburger landed on this year's Franchise 500 Ranking versus previous years.
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