Frequently Asked Questions
Who is the ideal partner for BurgerFi franchise development?
Experienced and sophisticated multi-unit restaurant operators with a track record of building strong and successful teams.
What are the minimum financial requirements?
For each BurgerFi restaurant to be developed a prospective franchisee must have at least $500,000 in liquid assets and a net worth of not less than $1 million.
What is the initial investment?
The estimated initial investment ranges from $720,000 – $968,500.
What role must a franchisee play in the operations of the BurgerFi restaurant(s)?
A franchisee must be actively involved as an operator of their BurgerFi restaurant(s) either through their own involvement or that of a dedicated operating partner (with equity) who is committed to the full-time management of the BurgerFi business.
Is a franchisee required to reside in the same market where their BurgerFi restaurant(s) are located?
In order to effectively manage their BurgerFi business, either the franchisee, or the designated operating partner, must reside within close proximity of the market where the restaurant(s) are operating.
What are the royalty and advertising fees?
Royalties are 5.5% of revenues, a national brand fund contribution of 1.5% and local advertising of 2% minimum is required.
What is the optimal size of a BurgerFi restaurant?
BurgerFi restaurants typically range from 2,500 to 3,000 square feet, plus 500 square feet as an outdoor patio/seating area. End cap or free-standing sites are preferred.