- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$1.2M - $2.2M
- Units as of 2024
-
227 6% over 3 years
Company Overview
About Smashburger
Industry | Food |
---|---|
Related Categories | Hamburgers, Food: Quick Service |
Founded | 2007 |
Parent Company | Jollibee Foods Corp. USA |
Leadership | Jim Sullivan , CDO |
Corporate Address |
3900 E. Mexico Ave., #1300 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 | 227 (as of 2024) |
|
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
|
$1,172,500 - $2,176,500 |
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 |
Newsletter
Meetings & Conventions
Grand Opening
Security & Safety Procedures
Field Operations
Site Selection
|
Marketing Support |
Ad Templates
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?
|
Yes |
Franchise 500 Ranking History
Compare where Smashburger landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Smashburger ranked on other franchise lists? Find out below.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Smashburger.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
Taco Bell Is Testing a Coffeehouse-Style Concept With Cold Brew and Aqua Fresca — But Only in These Locations
The Live Más Café provides customers with an elevated experience and menu.
These Are the Top New and Emerging Franchises of 2024 — And You Can Start One for Less Than $5,000
We evaluated new and emerging brands based on the same rigorous criteria used in the Franchise 500 process, analyzing more than 150 data points.
Discover the Low-Risk, High Reward of Owning this Property Restoration Franchise
PuroClean offers multiple revenue streams with services related to water, fire, smoke, mold and biohazard damage.
McDonald's Announces the Return of the Snack Wrap in 2025 — Here's What to Expect From Its Comeback
The decision comes after years of persistent customer demand for the portable snack, which debuted nearly two decades ago.
Ready to Own a Business? Check Out These 15 Franchises You Can Start For Under $25K
Looking for an inexpensive franchise to open? Explore the best franchises under $25k, according to the 2024 Franchise 500 Ranking.
Why Opening a Second Location Requires a Fresh Strategy (Even If Your First Was a Hit)
Here are some key points to consider before adding another location to your burgeoning multi-unit brand.