Elevation Burger serves organic, grass-fed beef burgers and antibiotic-free chicken in a fast-casual setting. The franchise emphasizes sustainable, healthy ingredients in its menu, allowing customers to enjoy a delicious meal with fresh, quality ingredients in a welcoming atmosphere.
Key Insights
- Elevation Burger began with a vision to offer a healthier approach to fast-casual dining, focusing on fresh, natural ingredients and a commitment to quality in every aspect of its operation. The founders aimed to create a dining experience that was both delicious and conscious, setting a new standard for burgers and fries in a competitive market.
- The franchise operates a streamlined model centered around a carefully curated menu of premium burgers, fries, and shakes, emphasizing transparency in sourcing and preparation. Customers can expect a consistent experience across all locations, with a focus on efficient service and a welcoming atmosphere, making it accessible for everyday enjoyment.
- Operating within the dynamic fast-casual restaurant sector, Elevation Burger taps into a growing consumer demand for convenient, yet quality food options. This industry segment is characterized by evolving dietary preferences and a continuous search for innovative, appealing menu choices that cater to a broad audience seeking flavorful meals.
Franchise Fee and Costs to Open
Exploring the financial picture of Elevation Burger gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $508,600 - $1,694,900, along with a franchise fee of $50,000 - $50,000.
Financial Performance and Revenue
Yearly gross sales of $876,976 and estimated earnings of $87,698 - $105,238 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 11.9-13.9 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Elevation Burger provides comprehensive training for new franchisees. This initial program, lasting two weeks, is held at their corporate headquarters. The franchisor offers operational guidance, menu knowledge, and brand standards. Elevation Burger recommends utilizing their provided resources for a successful launch and ongoing operations.
Legal Considerations
Legal considerations for a Elevation Burger franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
A franchisee might encounter challenges such as navigating a competitive local landscape with established burger joints. The operational demands of consistently preparing fresh, high-quality ingredients while managing staff and inventory require attention. Dependence on a specific supply chain for premium ingredients also presents a consideration for maintaining product standards and availability.
Franchise Datasheet
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