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BurgerFi

Information based on 2023 FDD
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Brand Highlights
  • Founded in 2011
  • Franchising Since 2011
  • 88 US Franchises
  • $609,550 - $1,042,500 Investment Range
  • $1,397,859 Average Gross Revenue
  • 5.5% Royalty Fee
  • $45,000 Franchise Fee
Pre-qualification Amount

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Franzy Fit Score

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Brand Description

BurgerFi stands out in the competitive burger industry as a premium fast-casual restaurant concept that has been delighting customers since 2011. Known for their commitment to quality, BurgerFi serves up chef-crafted, all-natural Angus beef burgers, award-winning hand-cut fries, and creative menu innovations that cater to various dietary preferences.

What sets BurgerFi apart is their unwavering dedication to using high-quality, antibiotic-free ingredients while maintaining a strong focus on environmental sustainability. Their modern restaurants feature an inviting atmosphere with eco-friendly elements, creating a dining experience that resonates with today's conscious consumers.

The menu showcases both traditional and innovative offerings, from their signature CEO Burger topped with wagyu beef and savory bacon jam to their VegeFi burger option for plant-based diners. Their hand-cut, made-to-order sides, including their popular Urban Style fries and massive onion rings, complement their premium burgers perfectly. The restaurant also offers indulgent frozen custard shakes and craft beer selections, elevating the typical quick-service experience.

BurgerFi's commitment to exceptional customer service is evident in their consistently positive reviews, with guests frequently praising both the food quality and staff friendliness. Their efficient operational model combines traditional counter service with modern technology, including digital ordering platforms and loyalty programs, ensuring a seamless experience for both customers and franchise operators.

As a growing brand with a strong presence across the United States, BurgerFi continues to innovate while maintaining their core values of quality, sustainability, and customer satisfaction.

DID YOU KNOW?

How much does it cost to start a franchise with BurgerFi?

$609,550
$1,042,500
Did you know that opening your own BurgerFi franchise - the premium "better burger" restaurant known for its natural Angus beef burgers and hand-cut fries - requires a total investment between $609,550 and $1,042,500, which includes the $45,000 franchise fee plus all the startup costs needed to bring this upscale fast-casual dining experience to your community?
Financial Summary
Franchise Fee
$45,000
Investment Range
$609,550 - $1,042,500
Investment Midpoint
$826,025
Minimum Cash Required
$609,550
Royalty Fees
5.5%
Brand Fund
3.5%
Brand Bragging Rights
Revenue exceeds sector average by 11% margin
Lower minimum investment than sector competitors
Eco-conscious positioning differentiates in crowded market
Craft beer and wine elevates dining experience
13-year operational track record demonstrates stability
Premium burger concept with measured growth strategy
Financial Analysis
BurgerFi presents a mid-tier investment opportunity with total capital requirements ranging from $609,550 to $1,042,500. While the minimum investment sits well below the burgers & fries sub-sector average of $985,322-$2,087,083, the maximum investment range overlaps with sector norms, offering a competitive entry point for premium burger concepts.

The reported gross revenue of $1,397,859 outperforms the sub-sector average of $1,259,214 by 11%, demonstrating solid unit-level performance relative to investment requirements. The fast-casual burger segment benefits from sustained consumer demand for premium, customizable dining experiences, though faces intensifying competition from established players.

With 113 units and 13 years of operation since 2011, BurgerFi demonstrates moderate system maturity with measured expansion. The brand's eco-conscious positioning and craft beverage offerings provide differentiation within the crowded burger marketplace, though the unit count indicates selective growth compared to major competitors.

The concept suits high-traffic suburban and urban markets with demographics supporting premium pricing. Multi-unit development opportunities exist for qualified operators seeking portfolio expansion.

Key considerations include food service labor challenges, supply chain management requirements, and the need for strong local marketing execution. Prospective franchisees should thoroughly review the FDD and conduct comprehensive due diligence, including market analysis and competitive positioning assessment.
Expected Investment Range
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Average Gross Sales
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Financing
Financing Details

Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like BurgerFi. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.

Why Financing with Franzy Partners?

Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.

Finance Partners
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FranFund

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CRF USA

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First Bank of the Lake

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Golden Capital Solutions

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Location Analysis
BurgerFi demonstrates a strategic but uneven geographic distribution across multiple states, with a notable concentration in the Southeast and Atlantic regions. Florida serves as the franchise's stronghold with a dominant presence, while Maryland, New York, Texas, and Virginia each maintain significant market representation. This regional focus suggests strong market acceptance in coastal and high-population density areas, particularly in regions with higher disposable income and active dining-out cultures.

The franchise's expansion pattern reveals a preference for affluent suburban and urban markets, typically in areas with strong daytime population flows and higher-education institutions. While Florida shows market maturity, significant growth opportunities exist in the Northeast and Western markets, where the brand's better-burger concept can compete effectively against established players.

For prospective franchisees, ideal locations should target areas with median household incomes above $75,000, strong lunch crowds, and proximity to office complexes or universities. High-visibility sites with 2,000-3,000 square feet in mixed-use developments or busy retail corridors have shown the strongest performance potential. The limited presence in the Midwest and West Coast presents substantial expansion opportunities, particularly in markets with demonstrated appetite for premium quick-service concepts.
Total US Locations113
Open Franchises88
Corporate Locations25
Average Sq. FootN/A
Territory Map

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Franchise Net Unit Growth
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Additional Information

Executive Team

Get to know the leadership behind BurgerFi. Learn about the experience and expertise of the executive team guiding BurgerFi's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).

Litigation

Review any legal actions or pending litigation involving BurgerFi. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).

Bankruptcy

Review BurgerFi's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).

Franchisor Assistance

Learn about BurgerFi's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).

Frequently Asked Questions
Disclaimer

The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2023. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

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