Killer BurgerFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Killer Burger franchise requires a total initial investment of $462K – $899K, including a $40K franchise fee and an ongoing 5.0% royalty[2]. Per the 2025 FDD, average unit revenue was $1.6M[2]. SBA 7(a) loans show a 0.0% charge-off rate across 12 loans[1]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $462K – $899K
- 30th pct Service Resta…
- Avg gross sales
- $1.6M
- 17th pct Service Resta…
- Royalty
- 5.0%
- 7th pct Service Resta…
- Units
- 24
- 29th pct Service Resta…
- SBA default
- 0.0%
- system-wide median varies by category
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
Only 0.0% of 12 SBA loans charged off, well below the 16% franchise average.
Bottom line
- Total investment $462K – $899K including a $40K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $1.6M/year (median $1.5M).
- Verdict A (Top Quintile) with a risk score of 11/100. SBA loan charge-off rate of 0.0% across 12 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- System growing at 142.9% CAGR over 3 years with 24 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Killer Burger Franchising, Inc.
- Parent company
- Killer Burger, LLC
- Incorporated in
- OR
- HQ
- 10121 SE Sunnyside Road, Suite 300, Clackamas, Oregon 97015
- Auditor
- Dougall Conradie LLC
- Audited financials
- Franchisor revenue
- $1.2M
- vs $1.4M prior year
Overview
About
Killer Burger franchisees operate fast-casual burger restaurants, managing kitchen operations, inventory, staffing, and customer service. Day-to-day responsibilities include food preparation, point-of-sale management, staff scheduling, and adherence to brand standards. Franchisees are responsible for local marketing, lease obligations, and achieving revenue targets against their high initial capital investment.
- CEO
- Adam Sanders
- Headquarters
- OR
- Founded
- 2016
- FDD year
- 2025
- States available
- 4
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $40K | $40K |
| Working capital (3–6 mo) | $20K | $50K |
| Equipment, build-out, other | $402K | $809K |
| Total initial investment | $462K | $899K |
Source: Killer Burger 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$189K
12.0% margin
Unlevered ROIC
26%
EBITDA / total invested capital
Payback
3.8 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $462K – $899K
- Better than avg vs category
- Liquid capital req'd
- $20K – $50K
- Better than avg vs category
- Franchise fee
- $20K – $40K
- Better than avg vs category
- Royalty
- 5.0%
- Gross Sales · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 6.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $2K |
| Transfer fee | $10K |
| Renewal fee | $10K |
| Total fee load | 6.0% of rev |
A 6.0% total fee load is unusually lean. More of each revenue dollar stays with the franchisee.
Financial Performance
- Avg gross sales
- $1.6M
- Per unit, per year
- Median gross sales
- $1.5M
- Item 19 type
- Historical
- Sample size
- 15 units
- vs category median 13
- Range (low → high)
- $1.1M→$2.4M
- Cohort dispersion (min → max)
- Transparency
- 4 / 5
- vs category median 4 / 5 · typical
Compared against 1264 Full-Service Restaurants brands
vs Full-Service Restaurants averages
How Killer Burger Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 24
- Opened
- 4
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 7
- Corporate units in the system
- % franchised
- 71%
- vs corporate-owned
- Net growth (yr3)
- +30.8%
- Net unit change last year
- 3-yr CAGR
- +142.9%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 16 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.
- Total loans
- 12
- Loan volume
- $5.9M
- Median loan
- $498K
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 3
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Killer Burger's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 3 lenders with concentration factor
- Per-state charge-off rates across 4 states
- Startup risk premium and job creation velocity
- 6-year lending trend
Instant access. No subscription.
With a 0.0% charge-off rate across 12 loans, banks have historically viewed this brand favorably for lending.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Early-stage burger concept with aggressive growth, undisclosed profitability metrics, and franchisor financial concerns limiting due diligence confidence.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Dougall Conradie LLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
- Restricted to system-approved products: No
Score breakdown · what drove the 11 / 100 rating
- 01MEDNet income not disclosed in FDD Item 19 — unable to validate profitability claims or actual ROI against $461.5k–$899k investment range
- 02HIGHGoing Concern designation is FALSE — indicates potential financial instability or accounting issues at franchisor level
- 03MEDHigh investment requirement ($461.5k–$899k) against disclosed average revenue of $1.576M creates unclear margin assumptions and payback timeline
- 04MINORRapid unit growth of 30.8% YoY with only 24 total units suggests early-stage system vulnerability and unproven unit economics at scale
- 05MINOR5% royalty on gross sales compounds risk if net margins are thin; without Item 19 data, franchisees cannot verify viability
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 | Radius or irregular shape |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 1 |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Oregon |
| Litigation count | 0 |
Items 10, 11
Training & Operations
- Classroom training
- 6 hrs
- On-the-job training
- 114 hrs
- Training location
- On-site and corporate
- Franchisor financing
- Offered
- Item 10
- POS system
- Toast
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Toast
Item 20 · call current owners
Franchisee Contacts
29 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Killer Burger · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Killer Burger franchise?
The total investment to open a Killer Burger franchise ranges from $462K – $899K, 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 Killer Burger franchise owners earn?
According to Item 19 of the Killer Burger FDD, the average gross sales per unit is $1.6M. The median is $1.5M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Killer Burger's franchise failure rate?
Based on SBA 7(a) loan data, Killer Burger has a charge-off rate of 0.0% across 12 loans, meaning 0.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Killer Burger franchise locations are there?
As of their most recent FDD filing, Killer Burger has 24 total units in the United States, including 7 franchised units and 7 company-owned units. 4 new units were opened in the latest reporting year.
Is Killer Burger a good franchise to buy?
FranchiseVerdict rates Killer Burger as a A-grade franchise with a risk score of 11 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.
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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.