Franchise opportunities compared
Smashburger vs Smya Ventures
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
Before you compare
- Smashburger figures come from its 2026 FDD and Smya Ventures figures from its 2025 FDD, so the years differ.
- Smya Ventures discloses more than one business format, so the investment range spans formats; the full report breaks them out.
- Only neither brand has reviewed Item 19 figures here.
| Disclosure |  Smashburger | SVSmya Ventures |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $1,239,500 Restaurant total range low excludes extensive exterior renovation debtservice 2026 FDD · Item 7 · PDF p. 19 | $255,000 – $462,000 2025 FDD · Item 7 |
| Standard initial franchise fee (Item 5) | Not available No single standard fee identified | Not available No single standard fee identified |
| Royalty (Item 6) | 5.5% Royalty weekly gross sales 2026 FDD · Item 6 · PDF p. 14 | 6% Royalty 2025 FDD · Item 6 · PDF p. 14 |
| Brand / advertising fund (Item 6) | 2.25% Marketing fund weekly current — 2.25% 2026 FDD · Item 6 · PDF p. 14 | 1% Proprietary marketing fund — 1% 2025 FDD · Item 6 · PDF p. 14 |
| System scale & health | ||
| Total outlets (Item 20) | 172 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 49 | 4 Outlets at end of 2025 2025 FDD · Item 20 · PDF p. 47 |
| Net outlet change (Item 20) | −39 Calculated: 211 at end of 2023 → 172 at end of 2025 | +2 Calculated: 2 at end of 2023 → 4 at end of 2025 |
| Outlet exits (Item 20) | Not available No complete exit records for a year | Not available No complete exit records for a year |
| Franchising since (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Franchisor founded (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | Not disclosed — no Item 19 financial performance representation | Not disclosed — no Item 19 financial performance representation |
Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.
Smashburger vs Smya Ventures: common questions
- Which costs less to open, Smashburger or Smya Ventures?
- Smashburger: $1,239,500 (2026 FDD · Item 7 · PDF p. 19); Smya Ventures: $255,000 – $462,000 (2025 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Smya Ventures. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
- How do Smashburger and Smya Ventures royalties compare?
- Smashburger: 5.5% (2026 FDD · Item 6 · PDF p. 14); Smya Ventures: 6% (2025 FDD · Item 6 · PDF p. 14). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Which has more locations, Smashburger or Smya Ventures?
- Smashburger: 172 (2026 FDD · Item 20 · PDF p. 49); Smya Ventures: 4 (2025 FDD · Item 20 · PDF p. 47). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do Smashburger and Smya Ventures disclose financial performance (Item 19)?
- Smashburger makes no Item 19 financial performance representation; Smya Ventures makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.