BurgerFi
BurgerFi offers all-natural Angus burgers, hot dogs, and craft beers in fast-casual restaurants, known for their proprietary recipes and trade dress in the quick-service restaurant industry.
About BurgerFi
BurgerFi International, Inc. is an American hamburger restaurant chain aimed at the "better burger" sector of the market. The first location was opened in February 2011 in Lauderdale-by-the-Sea, Florida.
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BurgerFi franchise FAQ
How much does it cost to open one — the total initial investment?
The total estimated initial investment to develop one BurgerFi Restaurant ranges from $704,750 to $1,171,500. This range includes a franchise fee of $35,000 and other costs such as equipment, furniture, and fixtures [p.21, p.19].
What is the initial franchise fee?
The initial franchise fee is $35,000. This fee is not refundable and is payable upon signing the Franchise Agreement in consideration for services provided by the franchisor [p.81, p.12].
What are the ongoing royalty and advertising fees?
The franchisee agrees to pay a continuing royalty fee equal to five and one-half percent (5.5%) of the Gross Sales of the Franchised Business ('Royalty Fees' or 'Royalties') [p.81]. Additionally, the franchisee must contribute to the Marketing Fund or local marketing efforts as designated by the company [p.32], though specific amounts are not detailed in these excerpts.
How long is the initial franchise agreement, and can I renew it?
This isn't specified in the excerpts.
Can I sell or transfer my franchise, and what does that require?
This isn't specified in the excerpts.
On what grounds can the franchisor terminate the agreement?
The franchisor may terminate the Development Agreement under any grounds permitted by law, as stated on [p.207]. However, according to [p.193] and [p.207], termination without 'reasonable cause' as defined by the Virginia Retail Franchising Act or Washington's RCW 19.100.180 may not be enforceable.
What financial requirements — net worth and liquid capital — do I need to qualify?
According to [p.123], you must have adequate financial resources and capital to operate the Franchised Business, but specific net worth or liquid capital figures are not provided in these excerpts. This isn't specified in the excerpts.
Do I get an exclusive or protected territory?
No, you do not receive an exclusive territory under the Franchise Agreement [p.41]. You may face competition from other franchisees, company-owned outlets, and other channels of distribution or competitive brands that are controlled by the franchisor [p.43].
What training and ongoing support does the franchisor provide?
The franchisor provides initial training over a 28 business-day period, conducted at their Restaurant Support Center or Corporate Certified Training Facility in the Fort Lauderdale area, or other designated sites [p.40]. Additionally, owners must attend and successfully complete training programs to the franchisor's satisfaction, including both general manager and operating principal training if applicable [p.65-88]. Ongoing support is implied through these requirements but specific details are not provided in the excerpts for continuous assistance beyond initial training [p.47, p.65-88].
How many franchised outlets are there, and how many have closed or been terminated?
As of December 31, 2024, there were 55 BurgerFi Restaurant unit franchises in operation. The FDD does not specify the number of closed or terminated outlets [p.55].
Does the franchisor share any financial performance or earnings information?
The franchisor may provide financial performance information if there is a reasonable basis for it and it is included in the disclosure document [p.54]. However, other than the specified financial performance representation, no additional financial performance or earnings information is provided [p.57]. Any such information received should be reported to the franchisor's Legal Department, the FTC, and state regulatory agencies if obtained from sources other than actual records of an existing outlet you are considering purchasing [p.57].
What am I restricted to selling, and where must I buy supplies?
You are required to sell only those items that bear the Proprietary Marks as specified by the franchisor [p.91]. You must buy all Input Items, including ingredients, equipment, furniture, and other products and services used at the Restaurant, from approved suppliers who have received prior written approval from the franchisor [p.90, p.3]. This includes pre-packaged Products obtained from approved suppliers as well [p.90]. Additionally, you may be restricted to buying certain items only from designated suppliers that the franchisor or one of its affiliates designates [p.25].