Hwy 55 Burgers Shakes & Fries
The total investment to open a Hwy 55 Burgers Shakes & Fries franchise ranges from $144,500 to $334,300. The initial franchise fee is $20,000. Ongoing royalties are 5% plus a 1% advertising fee.
What is the Hwy 55 Burgers Shakes & Fries franchise?
Hwy 55 Burgers Shakes & Fries is a restaurant selling burgers, shakes and fries to customers. The estimated total initial investment is $144,500 to $334,300. The initial franchise fee is $20,000.
The royalty is 5 percent, and the advertising or brand fund fee is 1 percent. The franchise agreement term is 10 years.
The brand was founded in 1991 and is headquartered in Charlotte, NC.
Loan Activity Score
21/100
SBA Default Rate
36.4%
Active Lenders
8
According to its Franchise Disclosure Document or public business records, Hwy 55 Burgers Shakes & Fries has 11 locations, all owned by franchisees. Public SBA loan records show 8 lenders made 11 loans to franchisees of Hwy 55 Burgers Shakes & Fries. PeerSense calculates Hwy 55 Burgers Shakes & Fries's score as 21 out of 100, using public SBA loan performance and recent lending activity.
Franchising since 1991 · 11 locations
$144,500 to $334,300
$20,000
11
11 franchised
Proprietary PeerSense metric
LimitedDistinct lenders in public SBA records for Hwy 55 Burgers Shakes & Fries
11
Total SBA loans
$229K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Hwy 55 Burgers Shakes & Fries
Loan Activity Score Breakdown
Growing (10 to 24 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
36.4%
vs 10.3% peer avg
SBA Loans
11
Total Volume
$2.5M
Active Lenders
8
2 selective
States
4
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Hwy 55 Burgers Shakes & Fries based on SBA lending data
SBA Default Rate
36.4%
26.1% above peer avg
SBA Loan Volume
11 loans
Across 8 lenders
Lender Diversity
8 lenders
Avg 1.4 loans per lender
Investment Tier
Mid range investment
$144,500 to $334,300 total
Hwy 55 Burgers Shakes & Fries: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2017
5 approvals. The best year on record for Hwy 55 Burgers Shakes & Fries.
Top SBA State
North Carolina
8 SBA financed Hwy 55 Burgers Shakes & Fries locations, the densest operator footprint.
Average Loan Size
$243K
Median $200K. Use as a sizing anchor when modeling your own Hwy 55 Burgers Shakes & Fries unit.
Lender Concentration
40%
Concentrated
Share of Hwy 55 Burgers Shakes & Fries approvals captured by the top 3 SBA lenders.
Hwy 55 Burgers Shakes & Fries's SBA lending pipeline peaked in 2017 (5 approvals). The last five fiscal years account for 9% of cumulative volume ($123K approved). Operator density is highest in North Carolina with 8 SBA financed locations. Average funded ticket sits at $243K, with the median at $200K. Lender mix is concentrated: the top three SBA lenders account for 40% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$1,496
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Hwy 55 Burgers Shakes & Fries, unit breakdown
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Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman