Smashburger, by the numbers

Smashburger appears in 5 SBA 7(a) loans since 2020 — from public SBA 7(a) loan records (FY2020–present). Every figure below comes from real financed deals: what buyers paid, where, and how the loans performed.

SBA Franchise Directory: listed ✓ (identifier S2888)

5 deals since 2020 · typical deal $313K

Deals since 2020

$313K

Typical deal

Deals since FY2025

—

Too few deals to score risk

Smashburger has 5 SBA deals on record — real financing history, but too few to score a failure rate you should trust. Underwrite the location and the FDD.

What buyers pay for Smashburger

Most Smashburger deals financed between $303K and $824K. Above $824K, you're paying more than 75% of buyers did — make the seller earn it.

Your deal size$313K

Monthly payment (10-yr): $4,356
Down payment (10%): $35K
Cash to close (all-in): $47K

Estimates at today's rates and standard 7(a) terms. Not a loan offer.

Could you get the loan?

Three answers. No documents, no credit pull.

Credit score

Available cash (you'll need ~$47K)

Experience

Recent financings

CNC KIRBY VENTURES INC. in Destin, FL — $824K (2024) · Celtic Bank Corporation
Program
Preferred Lenders Program
Rate at approval
11.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$618K (75%)
Approval → funding
18 days
Approved
6/10/2024
First disbursed
6/28/2024
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
13
Business age
New Business or 2 years or less
Industry
Limited-Service Restaurants
Funded by Celtic Bank Corporation · Lender record →
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Run Elevation Inc. in Tucson, AZ — $313K (2023) · purchase · First Internet Bank of Indiana
Program
Preferred Lenders Program
Rate at approval
11.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$235K (75%)
Approval → funding
75 days
Approved
8/17/2023
First disbursed
10/31/2023
Loan status
In workout — SBA bought the guarantee
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
13
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$348K
Est. down payment (10%)
$35K
Est. cash at closing
$47K
Monthly payment
$4,356
Annual debt service
$52K
Cash flow needed (1.25×)
$65K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Internet Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
Zuvachs, LLC in Lehi, UT — $303K (2021) · purchase · Byline Bank
Program
Preferred Lenders Program
Rate at approval
6% variable
Term
79 months
SBA guaranteed
$227K (75%)
Approval → funding
33 days
Approved
10/28/2020
First disbursed
11/30/2020
Loan status
Failed — $240K charged off (1/27/2025)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
20
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$337K
Est. down payment (10%)
$34K
Est. cash at closing
$45K
Monthly payment
$4,655
Annual debt service
$56K
Cash flow needed (1.25×)
$70K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Byline Bank · Lender record →
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BEBurgers, LLC in Moravian Falls, NC — $855K (2020) · purchase · First Community Bank
Program
Preferred Lenders Program
Rate at approval
6.25% variable
Term
84 mo (7 yrs)
SBA guaranteed
$641K (75%)
Approval → funding
20 days
Approved
10/11/2019
First disbursed
10/31/2019
Loan status
Paid in full (11/30/2025)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
50
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$950K
Est. down payment (10%)
$95K
Est. cash at closing
$130K
Monthly payment
$12,593
Annual debt service
$151K
Cash flow needed (1.25×)
$189K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Community Bank · Lender record →
Your business? Claim this record · Request removal
Ballantyne Smash LLC in Charlotte, NC — $250K (2020) · First Bank
Program
Preferred Lenders Program
Rate at approval
7.5% variable
Term
57 months
SBA guaranteed
$188K (75%)
Approval → funding
107 days
Approved
11/14/2019
First disbursed
2/29/2020
Loan status
In workout — SBA bought the guarantee
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
13
Business age
Existing or more than 2 years old
Industry
Limited-Service Restaurants
Funded by First Bank · Lender record →
Your business? Claim this record · Request removal

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Who funds Smashburger — and where

Every dot is a financed Smashburger — 5 mapped.

Financed Smashburger locations — list all 5 as text

CNC KIRBY VENTURES INC. — Destin · $824K · FY2024 · Limited-Service Restaurants
Zuvachs, LLC — Lehi · $303K · FY2021 · Limited-Service Restaurants
Run Elevation Inc. — Tucson · $313K · FY2023 · Limited-Service Restaurants
BEBurgers, LLC — Moravian Falls · $855K · FY2020 · Limited-Service Restaurants
Ballantyne Smash LLC — Charlotte · $250K · FY2020 · Limited-Service Restaurants

Top lenders for this brand

Most active states

1.North Carolina (2 loans)Smashburger lenders in North Carolina->
2.Florida (1 loans)Smashburger lenders in Florida->
3.Utah (1 loans)Smashburger lenders in Utah->
4.Arizona (1 loans)Smashburger lenders in Arizona->

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Insider move

Start with the lenders above — a bank that's funded Smashburger 1 times already knows the unit economics and approves faster than one learning the brand on your file.

Who should reach out?

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision. We'll introduce you to your pick or a comparable Smashburger lending specialist.

Common questions

How much does a Smashburger cost to buy or open?

The typical deal for Smashburger is $313K across 5 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $34K of buyer cash on a typical deal.

How risky is Smashburger?

Smashburger has 5 SBA loans on record since 2020 — too few to score a reliable failure rate. Judge the unit economics and the franchisor's disclosure document, not a small sample.

Can I finance a Smashburger with an SBA loan?

Yes — Smashburger has been SBA-financed 0 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.

Buying a Smashburger franchise

Most Smashburger buyers finance the purchase or build-out with an SBA 7(a) loan — up to 90% of the cost with roughly 10% down. The typical Smashburger deal financed for $313K, which points to about $34K of buyer cash on a typical purchase. Smashburger is listed in the SBA Franchise Directory (identifier S2888), so it's eligible to finance today — confirm current listing with your lender before the LOI. See the lenders that already fund Smashburger — a bank that knows the brand approves faster — or pre-qualify for financing to see your likely loan size first.

AI summary

This profile summarizes public SBA financing activity for Smashburger — lender activity, typical loan sizes, financing history, and risk and failure signals where available — via CapBench SBA Intelligence. CapBench is not a lender.

Source: CapBench SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. CapBench is not a lender and does not guarantee financing.

Agent summary

This page summarizes public SBA 7(a) financing for Smashburger — typical deal size, the lenders that fund the brand, geography, and failure-rate context — from CapBench SBA Intelligence. Smashburger is confirmed in the SBA Franchise Directory here; CapBench is not a lender and does not sell franchises.

5 SBA 7(a) deals since 2020
$313K typical deal
0 deals since FY2025
Too few deals to score a reliable failure rate
SBA Franchise Directory: listed (identifier S2888)
Top lenders: Celtic Bank Corporation, Byline Bank, First Internet Bank of Indiana

Next steps

Check SBA fit Find SBA lenders $9 lender report

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-08-02.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/franchises/smashburger
API:: https://www.capbench.com/api/public/franchises/smashburger
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Financing figures are historical SBA loan records, not a current offer or franchise availability. Confirm SBA Franchise Directory listing with your lender before an LOI.

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CapBench analysis of public lending records, FY2020–present. Charge-off rate measured on the FY2020–23 cohort. Not affiliated with Smashburger.