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201. Smashburger

Last Year's Rank: 189

Investment Range: $667,260 - $1,244,830

Initial Franchise Fee: $40,000

Category: Restaurant

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Company Description

Smashburger is a fast-casual restaurant chain known for its innovative burgers, rosemary-garlic fries and ice cream shakes made with Haagen-Dazs ice cream. The chain is one of the few fast-casual chains to serve alcohol, offering beer and wine.

The name comes from the burger cooking process: non-frozen beef starts as a ball and is smashed into burger form on a grill.

Smashburger has 340+ locations in 38 states and nine countries, and is majority-owned by Filipino company Jollibee Foods Corporation.

Company Statistics

Global Sales: $318,000,000*

US Units: 323

International Units: 23

Total Units: 346

Percent Franchised: 43%

% International Units: 7%

US Franchised Units: 127

International Franchised Units: 23

Sales Growth %: -7.8%

Unit Growth %: -3.9%

*Franchise Times Estimate

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