Is Swig or Elevation Burger cheaper to open?

Swig costs $559,300–$1,981,000 and Elevation Burger costs $517,300–$1,991,900 to open (FDD Item 7). Elevation Burger has the lower entry cost.

Which earns more, Swig or Elevation Burger?

Swig reports $1,420,336 average annual unit revenue vs $1,083,585 for Elevation Burger (FDD Item 19). Swig is higher. For Elevation Burger: Reported for a subset of outlets rather than the whole system; Reported as net sales, not gross sales.

Which is the better franchise, Swig or Elevation Burger?

FranchiseVerdict grades Swig B and Elevation Burger C, from FDD Items 5–7, 19–21 and SBA loan performance. See the full side-by-side above.

Swig vs Elevation Burger

Franchise Comparison 2026

Both Swig and Elevation Burger are quick-service restaurants franchises. Swig requires an investment of $559K – $2.0M while Elevation Burger requires $517K – $2.0M. In terms of revenue, Swig reports higher average unit revenue at $1.4M. FranchiseVerdict rates Swig B (Above average) and Elevation Burger C (Average).

Metric	Swig	Elevation Burger
Verdict Grade	BAbove average	CAverage
Investment Range	$559K – $2.0M	$517K – $2.0M
Franchise Fee	$40K	$50K
Royalty Rate	7.0%	6.0%
Average Revenue (Item 19)	$1.4M	$1.1MOutlet subset
SBA Charge-Off Rate	Limited data	Limited data
Total Units	142	32
Unit Growth (YoY)	+24 units	-3 units
Year Began Franchising	2022	2008
FDD Year	2026	2025