Top 250 Franchise by Entrepreneur – Rank no. 203 – Smashburger Franchising LLC – US

Products & Services: Fast-casual burger restaurant

Number of Locations: 217

Total Investment: $560.5K – 909.5K

Founded: 2007

Began Franchising: 2008

About Smashburger Franchising LLC
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.

Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Africa, Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, Mexico, South America, Western Europe.
Startup Costs, Ongoing Fees and Financing
Total Investment: $560,500 – $909,500
Franchise Fee: $40,000
Ongoing Royalty Fee: 5-6%
Term of Franchise Agreement: 15 years, renewable
Financial Requirements
Net Worth: $2,000,000
Liquid Cash Available: $1,000,000
Operations
100% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 25. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).

How This Franchise Supports Franchisees
Training: Available at headquarters: 3 weeks. At franchisee’s location: 3 weeks.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Franchise Ranking History
Franchise 500®: #203 (2013), #265 (2012),
Fastest-Growing: #89 (2013), #64 (2012),
Top New: #6 (2013), #10 (2012),
America’s Top Global: #164 (2013), #200 (2012),

FRANCHISING OVERVIEW

As the leading company in the rapidly-growing “better burger” segment, Smashburger is setting the standard among fast casual restaurants. We offer an extensive menu that includes chicken sandwiches and salads — something our competitors can’t offer. With beer and wine, we have a competitive advantage for gaining a larger share of evening traffic. And our comfortable, modern and dynamic store designs appeal to a wide range of customers.

To our franchisees, we grant exclusive territories for development, with territories available nationwide. We’re focused on maintaining an efficient operating platform and small footprint, which minimizes construction costs. Ready to learn more about opportunities with Smashburger?

FRANCHISEE SUPPORT

The Smashburger corporate team is dedicated to ensuring the success of the Smashburger franchisees so Smashburger can become every city’s favorite burger place.

Our unique “One Smashburger” approach to operations will give you the support you need, beginning the day you make the decision to join our team. We will assist with real estate selection, pre-open preparations, grand openings and then provide ongoing operational and systems support. We are committed to your success and will provide you with the support you need to operate your business successfully, including

Real Estate and Site Selection
Lease Approval
Pre-opening
Management Training
Vendors and Equipment
Grand Opening Support
Information Technology
Marketing and Public Relations
Operations Support

FRANCHISE CRITERIA

Smashburger (Smashburger Franchising LLC) is seeking multi-unit development partner domestically and internationally. To be considered, individuals or partnerships must meet the following minimum criteria:

Demonstrated enthusiasm, drive and passion, and a proven record of success in the restaurant industry
Five years multi-unit restaurant management experience as an owner and / or operator
Operating, real estate and trade area experience in development territory
Dedicated support team for Smashburger
Ability to obtain a liquor license (where applicable)
Meets the following liquidity requirements:

$350k = 3 Stores
$750k = 5 Stores
$1 Million = 7+ Stores

HOW TO GET STARTED

Please fill out this initial Inquiry form and a member of our team will contact you.

Source: Smashburger Franchising LLC official website