Burger King

    Franchise research report · reviewed 2025 disclosure data

    Reviewed sources

    Burger King serves flame-grilled burgers, fries and other fast-food menu items. Customers can order meals at its restaurant locations or place orders for pickup and delivery.

    Headline figures

    Burger King quick facts

    How much does it cost to open a Burger King franchise?
    The Burger King Franchise Disclosure Document reports separate estimated initial investments by format: $564,600–$979,100 for big-box total estimated initial investment low (2025 FDD, Item 7, PDF p. 54); $979,100 for big-box total estimated initial investment high (2025 FDD, Item 7, PDF p. 54). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    What is the Burger King initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $50,000 (2025 FDD, Item 5, PDF p. 29). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does Burger King charge?
    The disclosed ongoing royalty is 4.5% (2025 FDD, Item 6, PDF p. 34). The brand or advertising fund contribution is 4.5% (2025 FDD, Item 6, PDF p. 43). Other recurring fees are listed in Item 6. Details
    Does Burger King disclose financial performance (Item 19)?
    Yes. The Burger King FDD includes an Item 19 financial performance representation (2025 FDD, Item 19, PDF p. 102). Figures apply only to the locations and period each one covers. Details
    Is Burger King a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1The 2025 FDD (Item 7) estimates opening costs separately by format: $564,600 – $979,100 (Big-Box total estimated initial investment low); $979,100 (Big-Box total estimated initial investment high); several initial fee options apply.
    2. 2Item 19 covers 80 separate groups: revenue for 661 Consolidated locations; other measures for 1,031 locations; revenue for 630 Franchisee-owned locations; revenue for 1,017 Company-owned locations; revenue for 31 Company-owned locations; other measures for 189 locations; revenue for 5,747 Consolidated locations; revenue for 4,730 Franchisee-owned locations; revenue for 4,730 Franchisee-owned locations; other measures for 964 locations; revenue for 4,730 Franchisee-owned locations; revenue for 5,747 Consolidated locations; revenue for 5,747 Consolidated locations; revenue for 1,017 Company-owned locations; revenue for 1,017 Company-owned locations; other measures for 52 Franchisee-owned locations; other measures for 33 Franchisee-owned locations; other measures for 77 Franchisee-owned locations; other measures for 67 locations; other measures for 124 Franchisee-owned locations; other measures for 964 locations; other measures for 658 locations; other measures for 774 locations; other measures for 373 locations; other measures for 1,021 locations; other measures for 964 locations; other measures for 1,031 locations; other measures for 67 locations; other measures for 921 locations; other measures for 247 locations; other measures for 1,021 locations; other measures for 1,031 locations; other measures for 1,031 locations; other measures for 1,022 locations; other measures for 53 locations; other measures for 48 locations; other measures for 83 locations; other measures for 1,144 locations; other measures for 1,031 locations; revenue for 265 locations; revenue for 196 locations; revenue for 92 locations; revenue for 156 locations; revenue for 1,031 locations; revenue for 7 locations; revenue for 7 locations; revenue for 32 locations; revenue for 141 locations; revenue for 142 locations; revenue for 1,031 locations; other measures for 209 locations; other measures for 4 locations; other measures for 35 locations; other measures for 177 locations; other measures for 425 locations; other measures for 720 locations; other measures for 1,031 locations; other measures for 189 locations; other measures for 122 locations; other measures for 720 locations; other measures for 720 locations; other measures for 122 locations; other measures for 720 locations; other measures for 1,132 locations; other measures for 720 locations; other measures for 842 locations; other measures for 842 locations; other measures for 720 locations; other measures for 5,518 locations; other measures for 76 locations; other measures for 67 locations; revenue for 661 Consolidated locations; revenue for 124 Consolidated locations; other measures for 1,125 locations; other measures for 11 locations; revenue for 1,031 locations; other measures for 177 locations; other measures for 189 locations; other measures for 1,031 locations; other measures for 14 locations. They are not combined.

    From reviewed FDD figures only. Not a recommendation or projection.

    Burger King head-to-head

    Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Range across 2 single-unit formats

    2025 FDD · Item 7

    Formats disclosed in Item 7 (2)

    Each format has its own total. The total depends on the format you choose.

    • Big-Box total estimated initial investment lowPDF p. 54$564,600 – $979,100
    • Big-Box total estimated initial investment highPDF p. 54$979,100

    Standard single-unit franchise fee

    2025 FDD · Item 5 · PDF p. 29
    Discounted and multi-unit options are separate; see all fees.

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Royalty rateMain ongoing fee

    50 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    80 separate populations, shown apart. Revenue is not owner income.

    661 locations

    Revenue · 661 locations

    Who is counted
    Non-Traditional Restaurants, consolidated
    Period
    Total
    Excluded
    Outlets open and operating for the full 12 months; 33 franchisee-owned and 3 company-owned temporary closures excluded.
    Method
    Sales for outlets open and operating for the entire 12-month period

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    Coverage not stated in the reviewed record · counts as of year end of each year.

    2025 FDD · Item 20 ·

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2025 Item 7 estimate ($564,600 – $979,100) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2025 FDD)

    1. [1]Standard initial franchise fee — Item 5 · PDF p. 29
    2. [2]Item 19 — Locations counted not stated in the reviewed record — Non-Traditional Restaurants, consolidated · PDF p. 102
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Remodel scope Grand Total · PDF p. 108
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Non-Traditional Restaurants, franchisee-owned · PDF p. 102
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants, company-owned, open and operating Jan. 1–Dec. 31, 2025 · PDF p. 101
    6. [6]Item 19 — Locations counted not stated in the reviewed record — Non-Traditional Restaurants, company-owned · PDF p. 102
    7. [7]Item 19 — Locations counted not stated in the reviewed record — 1 Year Post Remodel Performance remodeled Traditional Restaurants · PDF p. 115
    8. [8]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants, consolidated, open and operating Jan. 1–Dec. 31, 2025 · PDF p. 101
    9. [9]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants, franchisee-owned, open and operating Jan. 1–Dec. 31, 2… · PDF p. 101
    10. [10]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants, franchisee-owned · PDF p. 101; PDF p. 102
    11. [11]Item 19 — Locations counted not stated in the reviewed record — Remodel scope Full · PDF p. 108
    12. [12]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants, franchisee-owned; open and operating for the full 12 m… · PDF p. 101
    13. [13]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants, consolidated · PDF p. 102; PDF p. 101
    14. [14]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants, consolidated; open and operating for the full 12 month… · PDF p. 101
    15. [15]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants, company-owned; open and operating for the full 12 mont… · PDF p. 101
    16. [16]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants, company-owned · PDF p. 101; PDF p. 102
    17. [17]Item 19 — Locations counted not stated in the reviewed record — Full Size Fuel Co-Branded Restaurants, franchisee-owned · PDF p. 104; PDF p. 106; PDF p. 105
    18. [18]Item 19 — Locations counted not stated in the reviewed record — Small Fuel Co-Branded Restaurants, franchisee-owned · PDF p. 106
    19. [19]Item 19 — Locations counted not stated in the reviewed record — Kiosk Fuel Co-Branded Restaurants, franchisee-owned · PDF p. 106
    20. [20]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants remodeled in the United States to Modern Image; Scrape… · PDF p. 108
    21. [21]Item 19 — Locations counted not stated in the reviewed record — Large Fuel Co-Branded Restaurants, franchisee-owned · PDF p. 104; PDF p. 105
    22. [22]Item 19 — Locations counted not stated in the reviewed record — U.S. Traditional Restaurants remodeled to Modern Image; Full remodel scope · PDF p. 108
    23. [23]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants remodeled to Modern Image; No DT Conversion drive-thru… · PDF p. 109
    24. [24]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants remodeled to Modern Image from Legacy to Modern Image · PDF p. 110
    25. [25]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants remodeled to Modern Image; Conversion to Double DT driv… · PDF p. 109
    26. [26]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants remodeled to Modern Image from Grand Total · PDF p. 110
    27. [27]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants remodeled in the United States to Modern Image; Full sc… · PDF p. 108
    28. [28]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants remodeled in the United States to Modern Image; Grand T… · PDF p. 108
    29. [29]Item 19 — Locations counted not stated in the reviewed record — U.S. Traditional Restaurants remodeled to Modern Image; Scrape & Rebuild remode… · PDF p. 108
    30. [30]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants remodeled to Garden Grill image · PDF p. 111
    31. [31]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants remodeled to Modern Image from 20/20 Light to Modern Im… · PDF p. 110
    32. [32]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants remodeled to Modern Image from identifiable pre-remodel… · PDF p. 110
    33. [33]Item 19 — Locations counted not stated in the reviewed record — U.S. Traditional Restaurants remodeled to Modern Image; Grand Total remodel sco… · PDF p. 108
    34. [34]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants remodeled to Modern Image; Grand Total drive-thru conve… · PDF p. 109
    35. [35]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants remodeled to Total image · PDF p. 111
    36. [36]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants remodeled to Sizzle image · PDF p. 111
    37. [37]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants remodeled to Pavilion image · PDF p. 111
    38. [38]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants excluded for insufficient data · PDF p. 107
    39. [39]Item 19 — Locations counted not stated in the reviewed record — U.S. Traditional Restaurants completely remodeled to Modern Image, with estimat… · PDF p. 107
    40. [40]Item 19 — Locations counted not stated in the reviewed record — Remodel sample with sufficient data · PDF p. 107
    41. [41]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with pre-remodel annual sales >$1.9M · PDF p. 112
    42. [42]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with pre-remodel annual sales $1.3M-$1.5M · PDF p. 112
    43. [43]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with pre-remodel annual sales $0.9M-$1.1M · PDF p. 112
    44. [44]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with pre-remodel annual sales $1.5M-$1.7M · PDF p. 112
    45. [45]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants, pre-remodel annual sales level table Grand Total · PDF p. 112
    46. [46]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with pre-remodel annual sales <$0.7M · PDF p. 112
    47. [47]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with pre-remodel annual sales below $0.7M · PDF p. 112
    48. [48]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with pre-remodel annual sales $0.7M-$0.9M · PDF p. 112
    49. [49]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with pre-remodel annual sales $1.1M-$1.3M · PDF p. 112
    50. [50]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with pre-remodel annual sales $1.7M-$1.9M · PDF p. 112
    51. [51]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants, pre-remodel sales-level Grand Total · PDF p. 112
    52. [52]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants, Enrolled Full Reclaim the Flame remodel group · PDF p. 114; PDF p. 113
    53. [53]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants, Not Enrolled Scrape & Rebuild Reclaim the Flame remode… · PDF p. 113; PDF p. 114
    54. [54]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants, Enrolled Scrape & Rebuild Reclaim the Flame remodel gr… · PDF p. 113; PDF p. 114
    55. [55]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants, Not Enrolled Full Reclaim the Flame remodel group · PDF p. 113; PDF p. 114
    56. [56]Item 19 — Locations counted not stated in the reviewed record — Traditional Restaurants, Grand Total Reclaim the Flame remodel group · PDF p. 114; PDF p. 113
    57. [57]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with at least three full years of post-remodel performanc… · PDF p. 115
    58. [58]Item 19 — Locations counted not stated in the reviewed record — Grand Total remodeled restaurant cohort, year 1 post-remodel · PDF p. 116; PDF p. 115
    59. [59]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with one full year of post-remodel performance · PDF p. 115
    60. [60]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with two full years of post-remodel performance, year 1 c… · PDF p. 115
    61. [61]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with at least three full years of post-remodel performanc… · PDF p. 115
    62. [62]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with at least three full years of post-remodel performanc… · PDF p. 115
    63. [63]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with two full years of post-remodel performance, year 2 c… · PDF p. 115
    64. [64]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with at least three full years of post-remodel performanc… · PDF p. 115
    65. [65]Item 19 — Locations counted not stated in the reviewed record — U.S. company-owned BURGER KING Restaurants open and operating as of Dec. 31, 20… · PDF p. 99
    66. [66]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with at least three full years of post-remodel performanc… · PDF p. 115
    67. [67]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with at least two full years of post-remodel performance;… · PDF p. 115
    68. [68]Item 19 — Locations counted not stated in the reviewed record — Grand Total remodeled restaurant cohort, year 2 post-remodel · PDF p. 115; PDF p. 116
    69. [69]Item 19 — Locations counted not stated in the reviewed record — Grand Total remodeled restaurant cohort, year 3 post-remodel · PDF p. 115; PDF p. 116
    70. [70]Item 19 — Locations counted not stated in the reviewed record — U.S. franchisee-owned BURGER KING Restaurants open and operating as of Dec. 31,… · PDF p. 99
    71. [71]Item 19 — Locations counted not stated in the reviewed record — U.S. franchisee-owned BURGER KING Restaurants permanently closed during 2025 · PDF p. 99
    72. [72]Item 19 — Locations counted not stated in the reviewed record — Remodel scope Scrape & Rebuild · PDF p. 108
    73. [73]Item 19 — Locations counted not stated in the reviewed record — Non-Traditional Restaurants, annual gross sales distribution · PDF p. 102
    74. [74]Item 19 — Locations counted not stated in the reviewed record — Large Fuel Co-Branded Restaurants, franchisee-owned · PDF p. 102
    75. [75]Item 19 — Locations counted not stated in the reviewed record — Eligible remodeled Traditional Restaurants open and operating for the entire 12… · PDF p. 107
    76. [76]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants excluded because of permanent closure · PDF p. 107
    77. [77]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with pre-remodel annual sales Grand Total · PDF p. 112
    78. [78]Item 19 — Locations counted not stated in the reviewed record — Not enrolled in Reclaim the Flame, Full remodel · PDF p. 114
    79. [79]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with exactly one full year of post-remodel performance as… · PDF p. 115
    80. [80]Item 19 — Locations counted not stated in the reviewed record — Remodeled Restaurants with at least one full year of post-remodel performance;… · PDF p. 115
    81. [81]Item 19 — Locations counted not stated in the reviewed record — U.S. company-owned BURGER KING Restaurants permanently closed during 2025 · PDF p. 99

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD

    Territory & operations

    No territory or operating requirements have been reviewed yet.

    640 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.

    These are contract disclosures, not confirmation that any territory is currently available.

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2025rbi balance sheetMore than one value recorded for this year — open the FDD source before comparing$1,525
    2025rbi balance sheetMore than one value recorded for this year — open the FDD source before comparing$2,830
    2025rbi balance sheetMore than one value recorded for this year — open the FDD source before comparing$2,303
    2025rbi balance sheetMore than one value recorded for this year — open the FDD source before comparing$1,034
    2025rbi balance sheetMore than one value recorded for this year — open the FDD source before comparing-$1,020
    2025rbi balance sheetMore than one value recorded for this year — open the FDD source before comparing$179
    2025rbi balance sheetMore than one value recorded for this year — open the FDD source before comparing$2,859
    2025rbi balance sheetMore than one value recorded for this year — open the FDD source before comparing$68
    2025rbi operationsMore than one value recorded for this year — open the FDD source before comparing$2,960
    2025rbi operationsMore than one value recorded for this year — open the FDD source before comparing$2,348
    2025rbi operationsMore than one value recorded for this year — open the FDD source before comparing$9,434
    2025rbi operationsMore than one value recorded for this year — open the FDD source before comparing$1,358

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

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    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Not reviewed

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.

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