FRANCHISE·WATCH·DESK

OFFICIAL FILING · MN · 2025

FATBURGER FDD (Franchise Disclosure Document) — 2025

The FDD is the 23-item legal disclosure every U.S. franchisor must hand you at least 14 days before you sign or pay anything (FTC Franchise Rule, 16 CFR 436). FATBURGER's most recent FDD tracked here was filed in 2025 with the Minnesota Department of Commerce (public CARDS portal) — and because registration-state filings are public records, you can read it free, without giving a broker your phone number.

Get the documentpublic record · PDF
Download from the Minnesota regulator (free)

THE SAME DOCUMENT SITES SELL OR GATE BEHIND LEAD FORMS. FILED 2025 · SOURCE STATE MN

What the 2025 filing revealedextracted · sourced
ITEM 5Initial franchise fee$50K
ITEM 6Ongoing royalty6.0% of gross sales
ITEM 7Total initial investment$517K–$2.7M
ITEM 3Disclosed litigation matters9
ITEM 4Bankruptcy history disclosedYes
ITEM 19Earnings disclosure (FPR)Yes — median unit volume $1.1M ("The first set of tables below list selected historical and unaudited financial and operating data for all U.S. franchised Fatburger Restaurants (66 (out of a total of 88)) which include Fatburger only and "Fatburger" Restaurants that are co-branded with "Buffalo's Café" Restaurants that were in operation for the full 12 months of January 1, 2024 to December 31, 2024. There were 2 Fatburger restaurants within Round Table Pizza restaurants as of December 31, 2024 that are not included in the data. The following Restaurants are not included in the data: (1) 17 Restaurants which were not open for the entire 12 month period; (2) 89 international locations, including Canada, and (3) 5 franchised Restaurants that did not report their sales and cost information." — Table 1 (Net Sales), row "Total": Units 66, Average $1,144,270, #/% >=Avg 29/43.94%, Median $1,077,512, Min $305,445, Max $3,198,617.)
ITEM 20Outlets (fiscal 2024)177 franchised at year end · 28 exits (15.1% annualized)
ITEM 21Franchisor financial statementsclean (unqualified) audit opinion — Macias, Gini & O'Connell, LLP

Citation discipline: every figure above is extracted from the 2025 FATBURGER FDD as filed and links back to that document. Fields the filing did not state are omitted — nothing here is estimated, surveyed, or filled in from marketing material. FDDs are reissued annually; verify against the current issuance before relying on any number.

FATBURGER FDD questions, answered

Where can I download the FATBURGER FDD for free?

FATBURGER's 2025 Franchise Disclosure Document is a public record, filed with the Minnesota Department of Commerce (public CARDS portal). It can be downloaded free from the source link on this page — no broker form, no email signup required.

What year is FATBURGER's most recent FDD on file?

The most recent FATBURGER FDD tracked here was filed in 2025 with the Minnesota Department of Commerce (public CARDS portal). Franchisors must update their FDD annually, so confirm you are reading the current issuance before signing.

Does FATBURGER's FDD disclose earnings (Item 19)?

Yes — FATBURGER makes a financial performance representation in Item 19 of its 2025 FDD, reporting a median unit volume of $1.1M. Read the basis fine print: franchisors choose which units and metrics to include.

What does FATBURGER's FDD Item 20 show?

In fiscal 2024, FATBURGER ended with 177 franchised outlets; 28 of 186 open at the start of the year left the system — an annualized exit rate of 15.1% (terminations, non-renewals, and "ceased operations — other reasons").

The FATBURGER validation checklist

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