How much does a Smashburger franchise cost?
- Initial Franchise Fee: $40,000
- Total Investment: $743,130 to $1,404,535
- Working Capital: $10,000 to $20,000
- Royalty Fee: 5.5%
Is Smashburger a chain or franchise?
Smashburger IP Holder LLC, doing business as Smashburger, (stylized as SmasHBURGER), is an American fast-casual hamburger restaurant chain founded in Denver, Colorado. As of 2018, it has more than 227 corporate and franchise-owned restaurants in 35 U.S. states and the District of Columbia and 2 Canadian provinces.
Is Smashburger a franchise company?
Franchise Description: The franchisor is Smashburger Franchising LLC. The franchisor's parent company is Jollibee Foods Corporation. The franchise is the right to establish and operate a Smashburger restaurant featuring hamburgers, sandwiches, salads, other food items and beverages.
When did Smashburger start franchising?
Facts & FiguresLiquid capital required$1,000,000Royalty5.0% - 6.0%Units in operation256Founded2007Franchising Since20083 more rows
What is so special about a Smashburger?
The every bite a better burger experience is known for their namesake smashing technique – smashing a fresh, never frozen, 100% Certified Angus Beef hand-packed ball of meat on a hot seasoned grill – delivering an elevated burger experience, where every bite is made to savor.
How many Smashburger locations are there?
There are 216 Smashburger stores in the United States as of October 26, 2022. The state with the most number of Smashburger locations in the US is Colorado, with 28 stores, which is about 13% of all Smashburger stores in the US.
Is Five Guys a Smashburger?
Five Guys Burgers and Fries has become known for its smashed-flat burgers on seeded buns.
Who is the CEO of Smashburger?
Tom Ryan Ph.D. (Dec 2016–)Smashburger / CEO
Why is it called a Smashburger?
Founded in Denver in 2007, Smashburger has a mission to be every city's favorite place for burgers. The Smashburger name comes from the process used to cook the burgers, which entails smashing a ball of 100 percent, certified Angus ground beef onto a grill to sear in the juices.
Where does smashburger get their meat?
Smashburger only uses 100% certified Angus beef in their burgers. The cows are “grain fed, grass finished” in the Midwest and the beef is shipped fresh. Only 8% of the beef used in burgers is certified Angus in the US and Smashburger uses 40% of that. All the buns are baked at a facility in Chicago.
What's the difference between a hamburger and a Smashburger?
A smashburger is a style of hamburger typified by the patty being extremely thin and cooking very quickly. This is normally achieved by rolling the ground beef into a ball, which is then pressed flat using a solid-faced spatula, possibly assisted by a wooden dowel, dragging the spatula backward to “smear” the meat.
Are Smash Burgers healthy?
High in calories, low in fiber, and shockingly high in sodium, the SmashBurger is saved from the bottom rung by its high protein content. This burger ties for second highest in calories and falls in the middle ground for sodium, but it has the highest protein count of the burgers we looked at.
What company owns Smashburger?
JollibeeJollibee Foods CorporationSmashburger/Parent organizations
Where was the first Smashburger location?
Denver, COSmashburger / Place founded
Is Smashburger owned by Jollibee?
Along with Jollibee's 100 percent ownership, the company and Denver, Colorado-based Smashburger also announced today two senior management changes that include a new title for Black Shamrock Partners co-founder and Smashburger CEO Tom Ryan.
Is Smashburger trademarked?
SMASH BURGER Trademark of Smashburger Ip Holder LLC - Registration Number 5082409 - Serial Number 87087031 :: Justia Trademarks.
How much does it cost to open a Smashburger?
The total investment to open a Smashburger restaurant franchise is $321,250 to $773,250, with liquid cash available of $1 million. The franchise fee is $40,000.
What is Smashburger franchise?
Franchise. Start your business! Smashburger is a national chain of hamburger restaurants that etches its own market niche with its unique method of cooking burgers, by “smashing” a ball of be ef on the grill to “sear in the juices.”. The chain also customizes its menu for each respective state in which it opens restaurants, based on regional tastes.
How much does Smashburger make?
In only five years the company has grown impressively to its widening breadth, pulling down $54 million in annual revenue and planning another 450 franchise locations.
What states does Smashburger serve?
Areas of desired expansion include Pacific Northwestern states, and the cities of Dallas, Houston, Chicago, Washington, D.C., Boston and others. Though it concentrates on burgers, Smashburger also serves chicken sandwiches, hot dogs and salads.
When was Smashburger named Hot Concepts?
The restaurant was named on the “Hot Concepts list by Nation’s Restaurant News in 2009, and in 2010, Smashburger was named one of the top burgers of the year by Las Vegas Weekly.
Where is Smashburger located?
Smashburger, based in Denver, Colorado, operates nearly 150 franchise locations, concentrated mostly in Colorado and Texas, but also California, Utah, Arizona , the Midwest, Michigan, Ohio, Kentucky, and as far east as New York.
Who is the founder of Smashburger?
Founded in 2007 by Tom Ryan, a restaurant industry veteran who has extensive experience with McDonald’s, Pizza Hut and Long John Silver’s and who is the creator of McGriddles and the McFlurry and stuffed crust pizza, Smashburger has received many best-burger accolades.
HOW SMASHBURGER SUPPORTS FRANCHISEES
You are supported throughout every step of our process. Our talented team of Franchise experts will guide you through site selection criteria, construction and décor, all the way up to sending a team to help Train and open your first two units.
FRANCHISE CRITERIA
Are you interested in joining us? If you have a proven track record in the restaurant realm and are financially capable, please contact us via email at [email protected].
What is Smashburger?
Smashburger is a fast-casual burger restaurant chain featuring hamburgers, sandwiches, salads, and other food items and beverages.
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 116 franchised Smashburger locations in the USA.
What does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
What is a Smashburger franchise?
The franchise is the right to establish and operate a Smashburger restaurant featuring hamburgers, sandwiches, salads, other food items and beverages. The franchisor may elect to grant franchisees a franchise for a single Smashburger restaurant, but will primarily offer the right to enter into a Multi-Unit Development Agreement to acquire ...
How long does it take to train a Smashburger franchisee?
Training Overview: The initial training program involves approximately six weeks of training at one of the franchisor’s principal offices (currently, Denver Colorado) or at another location it designates and on-site training at the franchisee’s restaurant immediately before the scheduled opening. Mandatory trainees include: franchisees (or their managing owner) and designated manager (if applicable) and such other of their personnel that the franchisor specifies. If franchisees are developing their first or second Smashburger restaurant, at no additional cost to them, the franchisor will send a training team to the restaurant to assist with the grand opening (and the franchisor will determine the identity and composition of that training team). If this is the franchisee’s third or subsequent Smashburger restaurant, the franchisor will send a lead trainer to assist with the grand opening of the restaurant, although the franchisor reserves the right to send a training team to assist the lead trainer in providing grand opening support for the third or subsequent restaurant, if the franchisor deems it necessary. The franchisor may require franchisees (or their managing owner), their designated manager (if applicable) and other previously trained and experienced employees to attend and satisfactorily complete various training courses that the franchisor periodically chooses to provide at times and locations that it designates.
How long is a franchise agreement?
Term of Agreement and Renewal: The length of the initial franchise term is 15 years. If franchisees meet the requirements, they may extend for one additional term of 15 years. For Multi-Unit Development Agreements, the term ends on the scheduled opening date of the last restaurant as specified on Development Schedule. If multi-unit development franchisees are granted exclusivity with respect to their development rights, they will be allowed to extend the term, subject to certain terms.
Who is responsible for the management of a restaurant?
Franchisees (or their managing owner) are responsible for the management, direction and control of the restaurant, subject to the terms and conditions of the Franchise Agreement. Franchisees (or their managing owner) must supervise the management and operation of the restaurant and continuously exert best efforts to promote and enhance ...
When is Smashburger's FDD?
The above information has been compiled from the FDD of Smashburger. Year of FDD: 2021.
Does franchising offer financing?
Financial Assistance: The franchisor does not offer direct or indirect financing. The franchisor does not guarantee a franchisee’s promissory notes, mortgages, leases or other obligations.
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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.
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Smashburger Franchising LLC 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.
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Franchise 500 Ranking History
Compare where Smashburger Franchising LLC landed on this year’s Franchise 500 Ranking versus previous years.
Who owns Shake Shack?
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Additional Costs
There are also ongoing costs such as royalty, brand Is a corner franchise, that has some little spaces for many different franchised brands, which will have the same image and decoration of a bigger regular-size… More fund contributions, and additional training costs.
Five Guys
Five Guys is a burger franchise A franchise is when a business (franchisor) allows a party (franchisee) to acquire its know-how, procedures, processes, trademarks, intellectual property, use of its business model,… More that sells burgers, fries, shakes, and more.
Burger King
Burger King is a fast-food franchise A franchise is when a business (franchisor) allows a party (franchisee) to acquire its know-how, procedures, processes, trademarks, intellectual property, use of its business model,… More that sells burgers, chicken nuggets, fries, soda, etc. Burger King was founded in Miami in 1954.
Mcdonalds
McDonald’s is also a fast-food franchise A franchise is when a business (franchisor) allows a party (franchisee) to acquire its know-how, procedures, processes, trademarks, intellectual property, use of its business model,… More that sells burgers, fries, chicken, shakes, and more. McDonald’s was founded in Chicago in 1955.
Conclusion
Shake Shack is not a franchise A franchise is when a business (franchisor) allows a party (franchisee) to acquire its know-how, procedures, processes, trademarks, intellectual property, use of its business model,… More but it could become one, one day.