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 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!