Secret Burger Kitchen
Bottom line
- Total investment $118K – $205K including a $30K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated CAUTION 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
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Secret Burger Kitchen unit return on the cash you put in?
Unlevered ROIC · per unit
60%
In Yale's "attractive" band (30–60%)
Overview
About
Franchisees operate quick-service burger restaurant locations, handling food preparation, customer service, inventory management, and day-to-day P&L responsibility. Daily operations include staffing, food quality control, local marketing, and maintaining brand standards while remitting 5% royalties to the franchisor.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 1 state reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
1
states with franchisees (per FDD Item 12)
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Secret Burger Kitchen presents HIGH RISK due to going concern status, single-unit system with no financial disclosures, and inability to validate franchise model viability or franchisee profitability.
Score breakdown · what drove the 75 / 100 rating
- 01HIGHGoing Concern status indicates the franchisor may be financially unstable or facing operational viability questions
- 02MINOROnly 1 existing unit provides zero system track record, proven model validation, or franchisee reference base
- 03MINORNo Item 19 financial disclosure (Avg Revenue and Net Income not provided) prevents ROI analysis and profitability verification
- 04MINORHigh investment range ($118k-$205k) combined with unknown earnings creates unquantifiable risk-to-reward ratio
- 05MEDExtremely limited franchise system size suggests minimal brand recognition, supplier leverage, and support infrastructure
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
1 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Secret Burger Kitchen · FDD (2025) PDF