BurgerFi franchise
2025 filing · April 28, 2025Fewer locationsShares sales figures
BurgerFi at a glance
A fast-casual burger restaurant serving burgers, fries, shakes and craft beer. At the end of 2024 there were 82 BurgerFi locations in the US, 66 franchised and 16 company-owned.
The business
- Franchisor
- BurgerFi Franchise, LLC
- The company that sells the franchises
- Franchisor based in
- Farmington Hills, Michigan
What you pay
- Cost to open
- $705K–$1.17M
- Fee, build-out and opening working capital
- Franchise fee
- $35,000
- Paid once, when you sign
- Royalty
- 5.5%
- 5.5% of gross sales, paid weekly
- Brand fund
- 2%
- 2% of gross sales, paid weekly
- Renewal fee
- See terms
- $8,750 or 25% of our then- current initial franchise fee
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2024
- 82
- Franchised and company-owned
- Franchised
- 66
- Company-owned
- 16
- Change in 3 years
- −28
- Franchised locations, 2022–2024
- States
- 17
- Most in Florida, Maryland and New York
From BurgerFi Franchise, LLC’s 2025 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
BurgerFi among all franchises with the same figure.
| Figure | BurgerFi | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $938,125 | Costs more than 82% of franchises |
| Franchise feePaid once, when you sign | $35,000 | Lower than 61% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5.5% | Lower than 66% of brands with a set rate |
| US locationsFranchised and company-owned | 82 | More than 73% of franchises |
How much a BurgerFi franchise costs
Opening one BurgerFi costs an estimated $704,750 to $1,171,500. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leasehold improvements ($356,000 to $564,000) and equipment, furniture and fixtures ($235,000 to $325,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Franchise Fee | $35,000 | ||
| Rent | $11,250 | $33,000 | |
| Security Deposits | $10,000 | $25,000 | |
| Leasehold Improvements | $356,000 | $564,000 | |
| Equipment, Furniture and Fixtures | $235,000 | $325,000 | |
| Insurance | $6,000 | $10,000 | |
| Permits and Licenses | $1,500 | $15,000 | |
| Initial Inventory | $6,000 | $18,000 | |
| Signage | $4,000 | $15,000 | |
| Grand Opening Advertising | $15,000 | $30,000 | |
| Architecture & MEP Drawings | $12,500 | $20,000 | |
| Travel Expenses for Training | $0 | $15,000 | |
| Professional Fees | $2,500 | $6,500 | |
| Opening Assistance | $0 | $15,000 | |
| Additional Funds (3 months) | $10,000 | $45,000 | |
| Total | $704,750 | $1,171,500 | |
Source: BurgerFi Franchise, LLC, 2025 filing, page 19
BurgerFi franchise fee
The franchise fee is $35,000. You pay it when you sign the franchise agreement.
Source: BurgerFi Franchise, LLC, 2025 filing, page 12
Royalty and ongoing fees
| Royalty | 5.5% of gross sales, paid weekly. |
|---|---|
| Brand or marketing fund | 2% of gross sales, paid weekly. |
| Technology fee | To be determined, but expected to be no more than $100 per month |
| Renewal of the Franchise Agreement | $8,750 or 25% of our then- current initial franchise fee |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: BurgerFi Franchise, LLC, 2025 filing, page 12
Other fees as filed, from pages 13–14. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures BurgerFi publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: BurgerFi Franchise, LLC, 2025 filing, page 54
- Estimate Estimated yearly sales per location
- $880K–$1.6M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
SBA loans to BurgerFi franchisees
Lenders approved 22 SBA-backed loans for BurgerFi franchisees from 2013 to 2022, $14.4M in all: 19 7(a) loans and 3 504 loans. Of the 15 that have ended, 14 were paid in full and 1 was charged off. The other 7 haven’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
Growth and closures
Share of franchised locations, 2024 / 2022–2024. Typical means the median: half of brands are above it, half below.
| Measure | BurgerFi | Typical burger brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | −15% / −30% | 0% / −2.4% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 26% / 50% | 3.7% / 6.3% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 5.3% | 0% / 0% | 0% / 0% |
Typical burger brand is the median of the 29 brands in burger franchises with three years of counts.
How BurgerFi compares
Of the 63 burger franchises on this site, BurgerFi is the 35th cheapest to open and the 21st largest by number of locations.
| Figure | BurgerFi | Typical burger brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $705K | $556K | $222K |
| Cost to open, high end | $1.17M | $1.52M | $477K |
| Franchise fee | $35K | $35K | $40K |
| Royalty | 5.5% | 5% | 6% |
| Brand fund | 2% | 2% | 2% |
| US locations | 82 | 25 | 21 |
| Shares earnings figures | Yes | 44 of 63 | 2,147 of 3,352 |
Typical is the median across the 63 brands in burger franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2022 | 88 (−6) | 25 | +11 | −17 |
| 2023 | 78 (−10) | 28 | +5 | −15 |
| 2024 | 66 (−12) | 16 | +8 | −20 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: burger franchise costs and franchise failure rates.
Source: BurgerFi Franchise, LLC, 2025 filing, page 57
Where BurgerFi locations are
At the end of 2024, BurgerFi had locations in 18 states and territories. The most are in Florida, Maryland and New York.
- Florida40
- Maryland7
- New York7
- Georgia4
- North Carolina3
- Puerto Rico3
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Florida | 25 | 15 | 40 |
| Maryland | 7 | 0 | 7 |
| New York | 6 | 1 | 7 |
| Georgia | 4 | 0 | 4 |
| North Carolina | 3 | 0 | 3 |
| Puerto Rico | 3 | 0 | 3 |
| Virginia | 3 | 0 | 3 |
| Alabama | 2 | 0 | 2 |
| Indiana | 2 | 0 | 2 |
| Pennsylvania | 2 | 0 | 2 |
All 18 states
| Alaska | 1 |
|---|---|
| Connecticut | 1 |
| Illinois | 1 |
| Michigan | 1 |
| New Jersey | 1 |
| Ohio | 1 |
| Rhode Island | 1 |
| South Carolina | 1 |
Source: BurgerFi Franchise, LLC, 2025 filing, page 58
Who owns BurgerFi?
BurgerFi franchises are sold by BurgerFi Franchise, LLC.
From BurgerFi Franchise, LLC’s 2025 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on pages 10–11. |
|---|---|
| Bankruptcy | Its predecessor, BurgerFi International, filed for Chapter 11 in September 2024; the brand's assets were sold to a new owner in November 2024. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: BurgerFi Franchise, LLC, 2025 filing, litigation on pages 10–11, bankruptcy on page 11
BurgerFi filings
The figures on this page come from BurgerFi Franchise, LLC’s 2025 filing, issued April 28, 2025, on record with the Minnesota Department of Commerce.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2025 filing | April 28, 2025 | Minnesota | Costs, fees and locations, 2022–2024 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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