- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$509K - $2M
- Units as of 2024
-
34 15% over 3 years
Company Overview
About Elevation Burger
Industry | Food |
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Related Categories | Hamburgers |
Founded | 2005 |
Parent Company | FAT Brands Inc. |
Leadership | Taylor Wiederhorn, Chief Development Officer |
Corporate Address |
9720 Wilshire Blvd., #500 Beverly Hills, CA 90212 |
Social | Facebook, Twitter, Instagram |
Business Overview
Franchising Since | 2008 (16 years) |
---|---|
# of employees at HQ | 335 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
# of Units | 34 (as of 2024) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Elevation Burger 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
|
$50,000 |
---|---|
Initial Investment
|
$509,300 - $1,956,900 |
Net Worth Requirement
|
$1,500,000 |
Cash Requirement
|
$500,000 |
Royalty Fee
|
6% |
Ad Royalty Fee
|
3.5% |
Term of Agreement
|
15 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Elevation Burger has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll |
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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 | 256 hours |
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Classroom Training | 44 hours |
Ongoing Support |
Purchasing Co-ops
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
Website Development
Email Marketing
|
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 | 15-25 |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Elevation Burger landed on this year's Franchise 500 Ranking versus previous years.
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