Bobby’s Burgers by Bobby FlayFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A Bobby’s Burgers by Bobby Flay franchise requires a total initial investment of $559K – $3.2M, including a $40K franchise fee and an ongoing 6.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: D. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $559K – $3.2M
- 35th pct Service Resta…
- Avg gross sales
- N/A
- 28th pct Service Resta…
- Royalty
- 6.0%
- 26th pct Service Resta…
- Units
- 3
- 8th pct Service Resta…
- SBA default
- N/A
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = >15% above Full-Service Restaurants avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Franchised units fell from 2 to 0 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $559K – $3.2M including a $40K franchise fee, 6.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict D (Below Average) with a risk score of 75/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Intelligration Capital BB, LLC
- Parent company
- Intelligration Capital, LLC
- Ultimate parent
- BB License, LLC
- CEO title
- Chairman of the Board of Managers
- Daniel Beem
- Incorporated in
- DE
- HQ
- 2115 Rexford Road, Suite 530, Charlotte, NC 28211
- Auditor
- CohnReznick LLP
- Audited financials
- Franchisor revenue
- $62K
- vs $301K prior year
Overview
About
Franchisees operate quick-service burger restaurants branded under celebrity chef Bobby Flay's name, handling day-to-day P&L management including staff hiring/training, food sourcing, menu execution, and customer service. They manage both dine-in and takeout/delivery operations while paying 6% royalties on net sales to the franchisor and adhering to operational standards.
- CEO
- Daniel Beem
- Headquarters
- NC
- Founded
- 2021
- FDD year
- 2025
- States available
- 2
FDD Item 7 · 2025 filing · 18 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $40K | $40K | |
| Lease Security Deposit | $30K | $450K | |
| Rent for first three months | $15K | $150K | |
| Real Estate Broker Fees | $0 | $360K | |
| Travel and Living Expenses (two persons) while training | $8K | $12K | |
| Leasehold Improvements | $128K | $1.2M | |
| Restaurant equipment and furniture | $222K | $546K | |
| Opening Inventory, Small Wares, and Supplies | $25K | $75K | |
| Interior and Exterior Signage | $5K | $80K | |
| Point of Sale System and Back Office Computer | $15K | $55K | |
| Required Insurance Premiums | $3K | $5K | |
| Permits and Licenses | $4K | $50K | |
| Technology Fees (first 3 months) | $4K | $11K | |
| Miscellaneous Opening Costs | $0 | $25K | |
| Grand Opening | $10K | $30K | |
| Professional Fees | $5K | $15K | |
| Uniforms | $2K | $3K | |
| Additional Funds - 3 month initial period | $45K | $100K | |
| Total initial investment | $559K | $3.2M |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $559K – $3.2M
- Better than avg vs category
- Liquid capital req'd
- $45K – $100K
- Better than avg vs category
- Franchise fee
- $40K – $40K
- Better than avg vs category
- Royalty
- 6.0%
- Net Sales · typical 6–8%
- Ad fund
- 3.0%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 3.0% of gross sales |
| Technology fee | $4K |
| Transfer fee | $20K |
| Renewal fee | $20K |
| Total fee load | 9.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Full-Service Restaurants averages
How Bobby’s Burgers by Bobby Flay Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 3
- Opened
- 1
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 67%
- vs corporate-owned
- Multi-unit owners
- 20.0%
- Net growth (yr3)
- +100.0%
- Net unit change last year
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 3
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 8 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
A nascent, financially non-transparent QSR franchise with a micro-unit base, missing financial disclosures, unprotected territory, and franchisor going concern issues presents extreme replication and profitability risk.
Litigation (Item 3)
No litigation required to be disclosed for Franchisor or Master Licensor
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · CohnReznick LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 75 / 100 rating
- 01MINOROnly 3 units in system with unverified 100% YoY growth claim (could mean growth from 1-2 units, representing minimal absolute expansion)
- 02MINORNo average revenue or net income disclosure (Item 19) — inability or unwillingness to provide financial performance data is critical red flag
- 03MINORExtreme investment range ($559K-$3.1M) with no explanation of variable cost drivers, suggesting poor standardization or hidden costs
- 04HIGHGoing Concern status is FALSE, meaning potential financial viability questions about franchisor operations
- 05MINORNo protected territory in QSR space where foot traffic competition is fierce
- 06MINOR6% royalty on Net Sales (not Gross) is unusual and suggests potential accounting manipulation or franchisor cash flow concerns
- 07MINORMicro-brand leveraging celebrity name without transparent unit economics or proven replicability
- 08MINOR$40K franchise fee is low relative to build-out costs, suggesting franchisor may rely heavily on royalties from struggling units
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | geographic area, a Non-Traditional Location (airport terminal, train station, stadium, etc.), or… |
| Protected territory | No |
| Exclusive territoryℹ | No |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 1 year |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | North Carolina |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed for Franchisor or Master Licensor
Items 10, 11
Training & Operations
- Classroom training
- 34 hrs
- On-the-job training
- 97 hrs
- Training location
- On-site and corporate
- Time to open
- 12 mo
- From signing to launch
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
12 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Bobby’s Burgers by Bobby Flay · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Bobby’s Burgers by Bobby Flay franchise?
The total investment to open a Bobby’s Burgers by Bobby Flay franchise ranges from $559K – $3.2M, with an initial franchise fee of $40K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Bobby’s Burgers by Bobby Flay franchise owners earn?
Bobby’s Burgers by Bobby Flay does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Bobby’s Burgers by Bobby Flay's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Bobby’s Burgers by Bobby Flay (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Bobby’s Burgers by Bobby Flay franchise locations are there?
As of their most recent FDD filing, Bobby’s Burgers by Bobby Flay has 3 total units in the United States, including 2 franchised units and 1 company-owned units. 1 new units were opened in the latest reporting year.
Is Bobby’s Burgers by Bobby Flay a good franchise to buy?
FranchiseVerdict rates Bobby’s Burgers by Bobby Flay as a D-grade franchise with a risk score of 75 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.