Local Burger Co. franchise
2023 filing · November 15, 2023Shares sales figures
Local Burger Co. at a glance
A burger restaurant serving burgers, sandwiches, fries and shakes. At the end of 2022 there were 3 Local Burger Co. locations in the US, all company-owned.
The business
- Franchisor
- Local Burger Franchising, LLC
- The company that sells the franchises
- First location
- 2014
- Franchisor based in
- Bay Shore, New York
- Typical size
- 2,500–3,000 sq ft
What you pay
- Cost to open
- $859K–$1.52M
- Fee, build-out and opening working capital
- Franchise fee
- $30,000
- Paid once, when you sign
- Royalty
- 6%
- 6% of net sales, paid weekly, plus up to 2% to the brand fund
- Brand fund
- Yes
- Up to 2% of net sales, paid weekly
- Agreement length
- 10 years
- Franchisor financing
- None offered
Where it is
- US locations, 2022
- 3
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 3
- Change in 3 years
- 0
- Franchised locations, 2020–2022
From Local Burger Franchising, LLC’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Local Burger Co. among all franchises with the same figure.
| Figure | Local Burger Co. | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $1,189,750 | Costs more than 86% of franchises |
| Franchise feePaid once, when you sign | $30,000 | Lower than 72% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 3 | Fewer than 78% of franchises |
How much a Local Burger Co. franchise costs
Opening one Local Burger Co. costs an estimated $859,000 to $1,520,500. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are tenant improvements & construction ($399,000 to $700,000) and equipment, fixtures & fixed assets ($225,000 to $300,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| To be made Initial Franchise Fee | $30,000 | ||
| Landbelow) | $0 | ||
| Studies and Site Work | $1,500 | $2,500 | |
| Lease Cost & Commissions | $3,000 | $10,000 | |
| First Month’s Rent | $3,000 | $10,000 | |
| Architects and Engineers | $12,500 | $25,000 | |
| Tenant Improvements & Construction | $399,000 | $700,000 | |
| Design and Decor | $95,000 | $150,000 | |
| Equipment, Fixtures & Fixed Assets | $225,000 | $300,000 | |
| To be made Vehicles | $0 | ||
| Signage | $5,000 | $25,000 | |
| Computers and Technology | $3,000 | $6,000 | |
| Opening Inventory & Supplies to Franchisor or Affiliates | $15,000 | $25,000 | |
| Additional Opening Inventory & Supplies (Liquor) | $5,000 | $10,000 | |
| Security Deposits | $2,000 | $5,000 | |
| Utility Deposits | $1,000 | $2,000 | |
| Licenses & Permits (including Liquor) | $5,000 | $100,000 | |
| Grand Opening Campaign | $7,500 | $10,000 | |
| Initial Marketing Expense | $5,000 | $15,000 | |
| Franchise Training Expenses | $3,000 | $8,000 | |
| Legal and Accounting | $1,500 | $8,000 | |
| Additional Funds-Working Capital (3 months) | $25,000 | $50,000 | |
| New Store Opening Training | $10,000 | $25,000 | |
| Insurance-Annual Premium | $2,000 | $4,000 | |
| Total | $859,000 | $1,520,500 | |
Source: Local Burger Franchising, LLC, 2023 filing, page 17
Local Burger Co. franchise fee
The franchise fee is $30,000. You pay it when you sign the franchise agreement.
Source: Local Burger Franchising, LLC, 2023 filing, page 11
Royalty and ongoing fees
| Royalty | 6% of net sales, paid weekly, plus up to 2% to the brand fund. |
|---|---|
| Brand or marketing fund | Up to 2% of net sales, paid weekly. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Local Burger Franchising, LLC, 2023 filing, page 12
Sales and earnings
Shares figures Local Burger Co. publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Local Burger Franchising, LLC, 2023 filing, page 50
- Estimate Estimated yearly sales per location
- $1.2M–$2.2M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
How Local Burger Co. compares
Of the 63 burger franchises on this site, Local Burger Co. is the 38th cheapest to open and the 51st largest by number of locations.
| Figure | Local Burger Co. | Typical burger brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $859K | $556K | $222K |
| Cost to open, high end | $1.52M | $1.52M | $477K |
| Franchise fee | $30K | $35K | $40K |
| Royalty | 6% | 5% | 6% |
| US locations | 3 | 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 |
|---|---|---|---|---|
| 2020 | 0 (0) | 3 | 0 | 0 |
| 2021 | 0 (0) | 3 | 0 | 0 |
| 2022 | 0 (0) | 3 | 0 | 0 |
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: Local Burger Franchising, LLC, 2023 filing, page 51
Who owns Local Burger Co.?
Local Burger Co. franchises are sold by Local Burger Franchising, LLC.
From Local Burger Franchising, LLC’s 2023 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
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: Local Burger Franchising, LLC, 2023 filing, litigation on page 11, bankruptcy on page 11
Local Burger Co. filings
The figures on this page come from Local Burger Franchising, LLC’s 2023 filing, issued November 15, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | November 15, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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