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General

Industry

Food and Beverage

Category

Food and Beverage

SBA Identifier

S0576

Year of Founding

2007

Fees

Marketing Fee

-

Royalty Fee

6%

Franchise Fee

$17,500-$17,500

Investment Range

$417K-$996K

Location units

Total U.S. Locations

-

U.S. Franchised Units

-

U.S. Corporate Units

-

Headquarters (City)

VA

Other

Item 19 - Franchise Financials

-

Financing Availability

yes

Started Offering Franchises

2008

Issuance of FDD Data

03/10/2018

What to know about Elevation Burger franchise?

We offer franchises for the operation of "Elevation Burger" restaurants offering hamburgers, chicken, fries, milkshakes, and complimentary menu items using fresh and organic ingredients on a dine-in and carry-out basis.

Elevation Burger is based in Falls Church, VA. Scroll down to learn more!

How Much Does a Elevation Burger Franchise Cost?

Are you wondering how much is a Elevation Burger franchise? Before starting a Elevation Burger franchise, it is important to know the Elevation Burger franchise fee ($17,500) working capital and other costs required to start the business.

The minimum investment amount required to open a Elevation Burger franchise is $416,500 and can go all the way up to $996,000. Keep in mind, you should also allocate additional funds to live off of while the Elevation Burger business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Elevation Burger franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Elevation Burger business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Elevation Burger franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Industry Report Request

Download our guide to compare Elevation Burger. Hotels to the Cleaning and Maintenance, Outdoor Maintenance industry.

Franchise Data

Year Start of year Units Opened Units Closed Total End of Year
2016 48 7 4 25

Additional Details

How much does a Elevation Burger franchise owner make?

Elevation Burger franchise earnings and revenue can vary significantly from one franchisee to another. The Elevation Burger franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Elevation Burger discloses financials at the unit level. In other words, they show how much Elevation Burger franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Elevation Burger franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Elevation Burger. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Elevation Burger owners were making.

Visit the Elevation Burger metrics tab, to explore the financials for this business.

What is the Elevation Burger Franchise Fee?

Owning a Elevation Burger franchise requires a 6% royalty fee and a 0% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship.

Keep in mind, there is also an initial Elevation Burger franchise fee of $17,500 that is included in the initial investment amount of $416,500 to $996,000. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Elevation Burger franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Elevation Burger franchise fee of $17,500.

Visit the Elevation Burger metrics tab to explore how the franchise, royalty and marketing fees compare to other Food and Beverage franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Elevation Burger founded?

Elevation Burger was founded 15 years ago in 2007. Elevation Burger started offering franchises in 2008. At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Elevation Burger locations are in the U.S.?

As of Issuance of 2018, there were Elevation Burger locations owned and operated by franchisees across the U.S. There are also corporate locations owned and operated by Elevation Burger. Most Food and Beverage franchises like Elevation Burger have more franchised locations than corporate locations.

How many Elevation Burger franchises opened over the past few years?

Over the prior 3 years we have data for, Elevation Burger has opened 7 outlets throughout the U.S.

Visit the Elevation Burger metrics tab to explore how the openings compare to other Food and Beverage franchises.

How many Elevation Burger franchises closed over the past few years?

Over the prior 3 years we have data for, Elevation Burger has closed 4 outlets throughout the U.S.

Visit the Elevation Burger metrics tab to explore how the closures compare to other Food and Beveragefranchises.

Is Elevation Burger growing? Are they opening more locations than they are closing?

The net unit growth rate for Elevation Burger over the past 3 years is N/A. Over the last year we have data for, Elevation Burger had a net unit growth rate of N/A.

Without a comparison, this number doesn’t mean much. Compare how the Elevation Burger growth rate compares to 2,000+ other franchises and Food and Beverage franchises like Elevation Burger. More info in the Elevation Burger metrics tab.

Is Elevation Burger franchise eligible for an SBA Loan?

Elevation Burger is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Elevation Burger franchise was assigned the SBA Franchise ID of S0576 on 10/1/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Elevation Burger that are reviewed and found eligible under SBA's affiliation rules and other eligibility criteria.

Is Elevation Burger a franchise in the United States?

According to the SBA, Elevation Burger meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Elevation Burger provides you with an FDD if you are in discussion to buy a Elevation Burger.

What is the Elevation Burger Franchise for Sale Rate?

The Elevation Burger systemwide health and franchisee satisfaction can be measured by the Elevation Burger franchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

The franchise for sale rate for Elevation Burger over the past 3 years is N/A. Over the last year we have data for, Elevation Burger had a franchise for sale rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Elevation Burger franchise for sale rate compares to 2,000+ other franchises and Food and Beverage franchises like Elevation Burger. More info in the Elevation Burger metrics tab.

What is the Elevation Burger Franchise Failure Rate?

Elevation Burger franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Elevation Burger failure rate over the past 3 years is N/A. Over the last year we have data for, Elevation Burger had a franchise failure rate of N/A

Without a comparison, this number doesn’t mean much. Compare how the Elevation Burger failure rate compares to 2,000+ other franchises and Food and Beverage franchises like Elevation Burger. More info in the Elevation Burger metrics tab.

How can I find out more details on Elevation Burger franchise?

Visit the Elevation Burger metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today for exclusive access on this franchise opportunity!

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General

Industry

Food and Beverage

Category

Food and Beverage

SBA Identifier

S0576

Year of Founding

2007

Fees

Marketing Fee

-

Royalty Fee

6%

Franchise Fee

$17,500-$17,500

Investment Range

$417K-$996K

Location units

Total U.S. Locations

-

U.S. Franchised Units

-

U.S. Corporate Units

-

Headquarters (City)

VA

Other

Item 19 - Franchise Financials

-

Financing Availability

yes

Started Offering Franchises

2008

Issuance of FDD Data

03/10/2018

Franchise Fee Midpoint

The percentage change of total franchise units from one year to the next

 

1 year

3 years

Elevation Burger

[0%]

[0%]

Industry median

All franchises median

Unlock premium content

Franchise Disclosure Document

Download Latest FDD (2018)

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Elevation Burger

NA

NA

Industry median

All franchises median

Unlock premium content

Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Elevation Burger

NA

NA

Industry median

All franchises median

Unlock premium content

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Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Elevation Burger

$706,250

Industry median

All franchises median

Unlock premium content

Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Elevation Burger

6%

Industry median

All franchises median

Unlock premium content

Franchise Fee Midpoint

The percentage change of total franchise units from one year to the next

 

1 year

3 years

Elevation Burger

[0%]

[0%]

Industry median

All franchises median

Unlock premium content

Item 19 – Financial Performance Representations

Historical financial performance representations

Unlock premium content

Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

Unlock premium content

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Business details

Company name

-

Business email

-

Mailing address

6402 Arlington Boulevard, Suite 800

State headquarters

Virginia

Key leadership

Elevation Burger

Phone

+1 (000) 000-00-00

City

Falls Church

Zip code

22042

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