Elevation Burger franchise
2025 filing · April 30, 2025Fewer locationsShares sales figures
Elevation Burger at a glance
A burger restaurant serving burgers, chicken, fries and milkshakes made with fresh and organic ingredients. At the end of 2024 there were 32 Elevation Burger locations in the US, all franchised.
The business
- Franchisor
- EB Franchises, LLC
- The company that sells the franchises
- Current franchisor selling since
- 2019
- 6 years of selling franchises
- Franchisor based in
- Beverly Hills, California
What you pay
- Cost to open
- $517K–$1.99M
- Fee, build-out and opening working capital
- Franchise fee
- $50,000
- Paid once, when you sign
- Royalty
- 6%
- 6% of net sales, paid weekly
- Brand fund
- 2%
- 2% of net sales
- Renewal fee
- See terms
- 40% of then-current initial franchise fee
- Agreement length
- 15 years
- Territory
- Limited
- Limited protection
Where it is
- US locations, 2024
- 32
- Franchised and company-owned
- Franchised
- 32
- Company-owned
- 0
- Change in 3 years
- −3
- Franchised locations, 2022–2024
- States
- 6
- Most in Kuwait, Virginia and Maryland
From EB Franchises, LLC’s 2025 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Elevation Burger among all franchises with the same figure.
| Figure | Elevation Burger | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $1,254,600 | Costs more than 87% of franchises |
| Franchise feePaid once, when you sign | $50,000 | Higher than 70% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 32 | More than 57% of franchises |
| Sales per locationYearly, as the brand reports it | $1,083,585 | Higher than 67% of brands that share sales figures |
| Sales against cost to openYearly sales over the cost midpoint | 0.9× | Lower than 85% of brands that share sales figures |
How much a Elevation Burger franchise costs
Opening one Elevation Burger costs an estimated $517,300 to $1,991,900. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leasehold improvements; construction costs ($150,000 to $900,000) and equipment, decor & furnishings ($160,000 to $600,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Fee | $50,000 | ||
| Leasehold Improvements; Construction Costs | $150,000 | $900,000 | |
| Equipment, Decor & Furnishings | $160,000 | $600,000 | |
| Signage | $10,000 | $60,000 | |
| TV/Audio Video/Security | $8,000 | $35,000 | |
| Point of Sale Systems (POS) and related technology | $16,100 | $38,000 | |
| Restaurant Small Wares | $11,500 | $19,000 | |
| Initial Inventory | $7,200 | $10,400 | |
| Security Deposits (Utilities, Insurance, etc.) | $9,000 | $32,500 | |
| Insurance and Bonds | $8,000 | $12,000 | |
| Rent | $3,500 | $20,000 | |
| Miscellaneous (legal, accounting, licenses, permits) | $14,000 | $25,000 | |
| Liquor Licenses and Fees | $5,000 | $75,000 | |
| Grand Opening & Marketing Materials | $7,500 | $10,000 | |
| Training | $32,500 | $65,000 | |
| Additional Funds - three months | $25,000 | $40,000 | |
| Total | $517,300 | $1,991,900 | |
Source: EB Franchises, LLC, 2025 filing, page 29
Elevation Burger franchise fee
The franchise fee is $50,000. You pay it when you sign the franchise agreement.
Source: EB Franchises, LLC, 2025 filing, page 20
Royalty and ongoing fees
| Royalty | 6% of net sales, paid weekly. |
|---|---|
| Brand or marketing fund | 2% of net sales. |
| Transfer | $15,000 |
| Renewal Fee | 40% of 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: EB Franchises, LLC, 2025 filing, pages 22 and 23
Other fees as filed, from pages 24–25. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Elevation Burger publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
- Average net sales
- $1,083,585
- Median net sales
- $739,082
Yearly figures for 2024, covering U.S. franchised restaurants reporting sales and costs for 2024 (8 locations). The average is about 0.9 times the midpoint of the cost to open.
Sales are what a location takes in before rent, payroll, royalties and other costs, not what its owner keeps.
Source: EB Franchises, LLC, 2025 filing, pages 69–70
SBA loans to Elevation Burger franchisees
Lenders approved 3 SBA 7(a) loans for Elevation Burger franchisees from 2012 to 2015, $1.71M in all. All 3 have ended: 2 were paid in full and 1 was charged off.
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 | Elevation Burger | Typical burger brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | −8.6% / −8.6% | 0% / −2.4% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 11% / 31% | 3.7% / 6.3% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical burger brand is the median of the 29 brands in burger franchises with three years of counts.
How Elevation Burger compares
Of the 63 burger franchises on this site, Elevation Burger is the 28th cheapest to open and the 29th largest by number of locations.
| Figure | Elevation Burger | Typical burger brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $517K | $556K | $222K |
| Cost to open, high end | $1.99M | $1.52M | $477K |
| Franchise fee | $50K | $35K | $40K |
| Royalty | 6% | 5% | 6% |
| Brand fund | 2% | 2% | 2% |
| Sales per location | $1.08M | $1.56M | $794K |
| US locations | 32 | 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 | 36 (+1) | 0 | +5 | −4 |
| 2023 | 35 (−1) | 0 | +2 | −3 |
| 2024 | 32 (−3) | 0 | +1 | −4 |
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: EB Franchises, LLC, 2025 filing, page 72
Where Elevation Burger locations are
At the end of 2024, Elevation Burger had franchised locations in 7 states and territories. The most are in Kuwait, Virginia and Maryland.
- Kuwait21
- Virginia4
- Maryland2
- Qatar2
- District of Columbia1
- New York1
| State | Franchised |
|---|---|
| Kuwait | 21 |
| Virginia | 4 |
| Maryland | 2 |
| Qatar | 2 |
| District of Columbia | 1 |
| New York | 1 |
| Pennsylvania | 1 |
Source: EB Franchises, LLC, 2025 filing, page 73
Who owns Elevation Burger?
Elevation Burger franchises are sold by EB Franchises, LLC. It is a subsidiary of FAT Brands, Inc.
Elevation Burger is one of the 9 FAT Brands franchises here. FAT Brands is a public company whose shares were listed on Nasdaq. It and its affiliate Twin Hospitality filed for Chapter 11 bankruptcy protection in January 2026 to restructure their debt.
From EB Franchises, LLC’s 2025 filing, page 9; FAT Brands.
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 17–19. |
|---|---|
| Bankruptcy | On January 25, 2026, the franchisor, its parent FAT Brands and their affiliates filed voluntary Chapter 11 petitions in the Southern District of Texas to restructure their corporate debt; the franchisor keeps operating as a debtor-in-possession under court supervision and may be sold. |
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: EB Franchises, LLC, 2025 filing, litigation on pages 17–19, bankruptcy on page 19
Elevation Burger filings
The figures on this page come from EB Franchises, LLC’s 2025 filing, issued April 30, 2025, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2025 filing | April 30, 2025 | NASAA depository | 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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Other brands from FAT Brands: Buffalo's Cafe, Fatburger, Fazoli's, Great American Cookies, Hot Dog on a Stick, Johnny Rockets, Marble Slab Creamery and Pretzelmaker. See all 9 in the finder