Research preview · Archived source data · Not independently reviewed · Automated extraction

Food & Beverage · Brand S0276

BurgerFi franchise research

Costs by format. Disclosure context. Historical loan evidence. Know what is captured and what still needs diligence.

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Source: FDD issued Apr 28, 2025 · SBA data through Jun 30, 2026 · Automated extraction, not human-reviewed · View all sources

Investment
$704,750 to $1,171,500
single Restaurant (Franchise Agreement) · +1 more
Royalty
5.5%
5.5% of Gross Sales, paid weekly by EFT
Working capital
$10,000 to $45,000
estimated for the first three months of operation, not including payroll costs and not accounting for any revenue earned in that period
Units
66
-12 net in 2024
SBA loans approved
5
FY2021 to FY2026 YTD
SBA charge-off share
0.00%
historical, not a failure rate

Investment by format

Estimated initial investment by named format
FormatDisclosed range
single Restaurant (Franchise Agreement)$704,750 to $1,171,500
Development Agreement (5 Restaurants)$3,523,750 to $5,857,500

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.20 ↗

Franchise fees and ongoing costs

Franchise fee
$35,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.
Royalty
5.5% · 5.5% of Gross Sales, paid weekly by EFT
Marketing contribution
2% (basis not captured; see original filing)
Technology fee
Not yet instituted; if implemented, expected not to exceed $100/month, subject to change up to that cap
Other fees
Online Ordering $129/month/store; Online Learning Management System $600/year/store; Gift Cards/Loyalty Program $1,500/year
Working capital (FDD Item 7)
$10,000 to $45,000 estimated for the first three months of operation, not including payroll costs and not accounting for any revenue earned in that period

Fees sourceFDD p.12 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.20 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured
Yes
Metric / basis
Average and median annual Gross Sales, by quartile, for franchised and company-owned restaurants
Reporting period
Calendar year 2024
Sample
55 franchised Restaurants open a full calendar year as of 12/31/2024 (Table A); 16 company-owned Restaurants (Table B)
Reported average
$1,258,412.18
Reported median
$1,241,070.54

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.55 ↗

Unit growth: Item 20

Reporting year
2024
Scope
franchised outlets
Starting outlets
78
Year-end outlets
66
Net change
-12
Derivation
ending minus starting outlets
Openings
9
Terminations
20
Non-renewals
0
Other closures
0
Reacquisitions
0
Transfers
2

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.57 ↗

SBA loan history

Loan activity
5 approvals
Activity window
FY2021-FY2026 YTD; snapshot 2026-06-30
Median SBA loan
Not captured
Median loan window
Not captured
Median loan sample
Not captured
Historical charge-off share
0.00%
Cohort
7(a) FY2010-2019 approvals
Numerator / denominator
0 / 13
Formula
CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does BurgerFi franchise cost?

single Restaurant (Franchise Agreement): $704,750 to $1,171,500; Development Agreement (5 Restaurants): $3,523,750 to $5,857,500 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $35,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.20 ↗

Franchise fee sourceFDD · page not captured ↗

How much do BurgerFi owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Average and median annual Gross Sales, by quartile, for franchised and company-owned restaurants. Sample: 55 franchised Restaurants open a full calendar year as of 12/31/2024 (Table A); 16 company-owned Restaurants (Table B). Period: Calendar year 2024.

Item 19 performance sourceFDD p.55 ↗

What's the SBA charge-off rate for BurgerFi?

0.00%; numerator / denominator: 0 / 13. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Sources and data details

Every figure above links to the page of the filing it was read from. These are the document IDs, page pointers and checksums behind them, for anyone who wants to audit the data.

Show document IDs, page pointers and hashes
Fees

Original source · FDD issued: 2025-04-28; Registry received: 05/09/2025
Document: 33966-202504-08; document SHA-256: 9b8410ac30976d4304ddfc6a4e698aad2f270ae44c6cf38e0e8fc260225fb88d
PDF page: 12; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

Investment

Original source · FDD issued: 2025-04-28; Registry received: 05/09/2025
Document: 33966-202504-08; document SHA-256: 9b8410ac30976d4304ddfc6a4e698aad2f270ae44c6cf38e0e8fc260225fb88d
PDF page: 20; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

Franchise fee

Original source · FDD issued: 2025-04-28; Registry received: 05/09/2025
Document: 33966-202504-08; document SHA-256: 9b8410ac30976d4304ddfc6a4e698aad2f270ae44c6cf38e0e8fc260225fb88d
PDF page: Not captured; pointer: source-known-page-unknown. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
Enrichment generated: 2026-10-03T11:34:53.025030+00:00

Item 19 performance

Original source · FDD issued: 2025-04-28; Registry received: 05/09/2025
Document: 33966-202504-08; document SHA-256: 9b8410ac30976d4304ddfc6a4e698aad2f270ae44c6cf38e0e8fc260225fb88d
PDF page: 55; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

Unit growth

Original source · FDD issued: 2025-04-28; Registry received: 05/09/2025
Document: 33966-202504-08; document SHA-256: 9b8410ac30976d4304ddfc6a4e698aad2f270ae44c6cf38e0e8fc260225fb88d
PDF page: 57; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

SBA loans

Original source · SBA snapshot: 2026-06-30
Document: FOIA_7a_FY2010_FY2019_asof_260630.csv; document SHA-256: 01a3e2c7988a6f4052e53f218a309feb2ec2fe42887bebdc0fa94ac8b1024ade
PDF page: Not captured; pointer: raw-aggregate-recomputed. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
Input document hashes: FOIA_7a_FY2010_FY2019_asof_260630.csv: 01a3e2c7988a6f4052e53f218a309feb2ec2fe42887bebdc0fa94ac8b1024ade; FOIA_7a_FY2020_Present_asof_260630.csv: 6c1e9132b5141a19f82bdc8ccafb86c9a01662461cad41ddb36a3cf409d8a4fe; FOIA_504_FY2010_Present_asof_260630.csv: 8c0e15414217254bcde2a253a8f17418b3dc65ce78dbc56cc1f1ab05c4a05ad4; code_map.csv: df55c53a0afc764ee1507d535a1924a3fab105a6daca0143ca56d9791d385d7b