Smashburger Franchise

Dive into the exciting world of Smashburger, a leading name in the fast-casual burger industry. Established in 2007 and franchising since 2008, Smashburger has grown rapidly, boasting 245 units across the United States and internationally. The franchise, brought to you by Smashburger Franchising LLC and its parent company Jollibee Foods Corporation, offers a delicious menu including hamburgers, sandwiches, salads, and a variety of beverages.

Investment Costs and Fees

Getting started with a Smashburger franchise requires a thorough understanding of the financial aspects. Below is a comprehensive look at the estimated initial investment costs:

• Initial Fees: $40,000
• Leasehold Improvements: $900,000 - $1,382,610
• Furniture, Fixtures, and Equipment: $269,000 - $371,413
• Signage: $9,000 - $41,756
• IT, POS System: $27,000 - $51,126
• Three Months’ Rent: $26,000 - $53,581
• Security Deposit, Business Licenses: $1,560 - $11,000
• Opening Inventory and Supplies: $15,000 - $20,000
• Grand Opening Advertising: $10,000
• Training Expenses: $6,000 - $274,780
• Miscellaneous Opening Costs: $1,000 - $5,000
• Professional Fees: $5,000 - $15,000
• Insurance Premium: $10,000 - $20,000
• Liquor Licensing: $1,000 - $6,618
• Lease Review Fee: $1,500
• Additional Funds (3 months): $10,000 - $20,000
• Estimated Total: $1,332,060 - $2,354,384

Training and Support

Smashburger provides a robust training program designed to ensure franchisee success. Here’s what the program includes:

• Approximately six weeks of comprehensive training at Smashburger's designated location.
• On-site training at your restaurant before the grand opening.
• Grand opening support, which includes a dedicated training team for your first or second restaurant. For third or subsequent restaurants, a lead trainer will be appointed.
• Ongoing training courses and an annual meeting for all franchise owners.

Territory and Location

Each franchisee is granted the right to operate a Smashburger restaurant at an approved location. Although an exclusive territory is not provided, you have the opportunity to enter into a Multi-Unit Development Agreement to establish multiple units within a defined geographic area.

Obligations and Restrictions

• Franchisees must appoint a managing owner with at least a 25% ownership interest.
• The managing owner is responsible for the restaurant's management and operations.
• Franchisees are expected to adhere to Smashburger’s operational guidelines, including product and service offerings and pricing regulations.

Term and Renewal

The initial franchise term spans 15 years, with an option for renewal for an additional 15 years, contingent on meeting specific requirements. For Multi-Unit Development Agreements, the term concludes on the scheduled opening date of the last restaurant in your development schedule.

Financial Assistance

Smashburger does not offer direct or indirect financing or guarantee franchisee’s financial obligations. Potential franchisees may need to seek external financing solutions.

Key Takeaways

• Initial investment ranges from $1,332,060 to $2,354,384.
• Comprehensive six-week training program and ongoing support.
• Opportunity to develop multiple units through a Multi-Unit Development Agreement.
• Robust support during your restaurant’s grand opening.
• 15-year initial term with potential for renewal.

If you're ready to explore this exciting opportunity, be sure to download the full Franchise Disclosure Document (FDD) or fill out the free information request form on this page for more details.