Smashburger

Burgers
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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$546K - $895K
Units as of 2014
256

Company Overview

After over 20 years working in the restaurant industry, for companies such as McDonald's, Long John Silver's, Pizza Hut and Quiznos, Tom Ryan started his own restaurant in 2007: Smashburger. Named for the way its burgers are cooked (by smashing a ball of ground beef onto the grill), Smashburger offers customers a variety of bun and topping choices. Chicken and veggie burgers are also available, as well as hot dogs, salads, sides and shakes.

About Smashburger

Industry
Food
Related Categories
Hamburgers, Food: Quick Service
Founded
2007
Leadership
David Prokupek, CEO

Franchising Overview

Franchising Since
2008 (14 years)
# of employees at HQ
25
Where seeking

This company is seeking new franchisees worldwide.

# of Units
256 (as of 2014)

Franchisor Information

Corporate Address
1515 Arapahoe St.
Denver, CO 80202

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
$545,500 - $894,500
Net Worth Requirement
$2,000,000
Cash Requirement
$1,000,000
Royalty Fee
5-6%
Ad Royalty Fee
2%
Term of Agreement
15 years
Is franchise term renewable?
Yes
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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
3 weeks
Classroom Training
3 weeks
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising

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
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Franchise 500 Ranking History

Compare where Smashburger landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021