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Below is an in-depth analysis and side-by-side comparison of Locos Grill & Pub vs Elevation Burger including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $575,400 - $1,960,000 | $338,500 - $599,500 |
Franchise Fee | $35,000 | N/A |
Royalty Fee | 4% | - |
Advertising Fee | - | - |
Year Founded | 1988 | - |
Year Franchised | 1997 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Elevation Burger considers only highly motivated individuals and entities committed to building a great brand. Prior restaurant experience is a plus, but not required. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | * Vendor Relationships * Real Estate, Design & Construction Tools * Franchisee Support Intranet * Employee Recruitment * Quality Control Checks * Grand Opening and Local Store Marketing * Continuous Upgrades to Menus & Recipes * Training of franchisee, management, kitchen staff, and wait staff prior to opening |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
A lot of us grow up dreaming maybe we could own our own business one day. And a lot of us think about how fun it could be if that business was a restaurant. What keeps us from executing that dream? Money?
Not knowing where to start? Not understanding what to do first, last and everything in between?
Stop dreaming and take action! Become an owner/operator of Locos Grill & Pub.
We will walk you through the entire process from site selection to design hiring and training a staff and be right beside you when you open and get comfortable being your own boss!
With 33 years of experience, why would you go anywhere else?Gourmet, organic burgers & fries!
Elevation Burger is elevating the burger segment using grass-fed, great tasting organic beef, cooking our fresh fries in olive oil, offering veggie burgers and fresh-scooped milk shakes. Elevation Burger prepares all items fresh and made to order.
Because ingredients matter. People want to feel good about the food they eat, the environment they purchase it in and the employees serving them. Elevation Burger is a pioneer in creating a burger meal that tastes good, uses ingredients recognized to be good for you and is served in an inviting atmosphere.