Schoop's Hamburgers
Franchising since 1948 · 7 locations
The total investment to open a Schoop's Hamburgers franchise ranges from $73,650 - $367,390. The initial franchise fee is $20,000. Ongoing royalties are 5% plus a 1% advertising fee. Schoop's Hamburgers currently operates 7 locations (7 franchised). The top SBA 7(a) lenders for Schoop's Hamburgers are KeyBank, Readycap Lending, LLC and SomerCor 504, Inc.. PeerSense FPI health score: 28/100.
$73,650 - $367,390
$20,000
7
7 franchised
Proprietary PeerSense metric
LimitedActive capital sources verified for Schoop's Hamburgers financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
Growing (10-24 loans)
SBA Lending Performance
SBA Default Rate
27.3%
3 of 11 loans charged off
SBA Loans
11
Total Volume
$2.8M
Active Lenders
10
States
5
Top SBA Lenders for Schoop's Hamburgers
What is the Schoop's Hamburgers franchise?
The Schoops Hamburgers franchise presents a compelling opportunity within the enduringly popular full-service restaurant sector, distinguished by its foundational presence and a commitment to a classic dining experience. Headquartered in Hammond, Indiana, this brand has cultivated a loyal following, embodying the essence of traditional American casual dining with a specific focus on its namesake product. With a current footprint of 11 established units, Schoops Hamburgers operates as a testament to consistent quality and a beloved menu that resonates deeply with diners seeking comfort and familiarity. The brand’s market position is squarely within the family-friendly, casual dining segment, a robust and often recession-resilient niche within the broader food service industry. The strength of the Schoops Hamburgers franchise lies in its proven operational model, refined over years of serving communities, which contributes to a predictable and replicable business framework for prospective franchisees. This focused approach allows the brand to concentrate on delivering a high-quality product in an inviting atmosphere, attributes that are critical for success in a competitive market. The limited number of units, 11 total, suggests a brand with significant untapped potential for strategic expansion, offering new franchisees the chance to grow with a concept that has already demonstrated its appeal and operational viability within its home region. The Schoops Hamburgers franchise is poised to leverage its distinct identity and established customer base to expand into new territories, bringing its celebrated menu to a wider audience while maintaining the core values that have defined its success. This strategic positioning within the full-service restaurant category, coupled with a well-defined product offering, makes the Schoops Hamburgers franchise an interesting prospect for those looking to invest in a tangible and enduring food service model.
The full-service restaurant (FSR) industry, the category in which the Schoops Hamburgers franchise operates, represents a massive and dynamic global market. Historical analyses indicate that this sector was valued at an impressive USD 1.6 trillion. Projections for its continued growth are robust, with the market expected to expand from USD 1.42 trillion in 2025 to USD 1.47 trillion in 2026, ultimately reaching an estimated USD 1.72 trillion by 2031, reflecting a compound annual growth rate (CAGR) of 3.26% over the 2026-2031 period. Another set of estimates places the global full-service restaurant market size at USD 15.38 billion in 2025, with a forecast to ascend to approximately USD 22.34 billion by 2034, driven by a CAGR of 4.24% from 2025 to 2034. Recent growth has been particularly strong, with the market expanding from $1589.54 billion in 2025 to $1673.36 billion in 2026, at a notable CAGR of 5.3%, and is anticipated to further reach $2046.74 billion in 2030 at a CAGR of 5.2%. North America plays a pivotal role in this growth, holding the largest market share in the global FSR market in 2024 at 31%, and is projected to exhibit the fastest regional CAGR at 6.55% through 2031. The U.S. full-service restaurant market alone, a crucial segment for the Schoops Hamburgers franchise, stood at USD 3.20 billion in 2024 and is projected to grow to approximately USD 4.96 billion by 2034, with a CAGR of 4.48% from 2025 to 2034. Consumer trends within this landscape favor experiential dining, with venues integrating food service with activities generating 35% higher revenue per square foot. Despite the surging demand for convenience and delivery services, which are projected to grow at a 7.15% CAGR through 2031, dine-in services are expected to retain a substantial 65.83% market share in 2025, underscoring the enduring preference for social interaction and ambiance that a traditional full-service setting like a Schoops Hamburgers franchise provides.
Investing in a Schoops Hamburgers franchise offers a distinct entry point into the lucrative full-service restaurant sector, with a total estimated investment range spanning from $73,650 to $367,390. This range positions the Schoops Hamburgers franchise as a potentially more accessible opportunity compared to the broader restaurant franchise landscape, where total investments commonly range from $100,000 to upwards of $2 million. A significant portion of this investment typically covers the initial franchise fee, which for restaurant brands often falls between $30,000 and $50,000, representing about 10-20% of the total upfront capital required. While specific figures for the Schoops Hamburgers franchise initial fee are not provided, understanding this industry benchmark provides context. Beyond the initial fee, critical components of the investment include real estate and construction costs, which can vary widely from $100,000 to over $1 million depending on location, whether a new build or a renovation is undertaken, and the specific property characteristics. Equipment and initial inventory costs are also substantial, typically ranging from $50,000 to $300,000, covering everything from kitchen appliances and dining furniture to the initial stock of ingredients necessary for operation. Furthermore, establishing a successful Schoops Hamburgers franchise necessitates sufficient working capital, usually between $25,000 and $150,000 or more, to cover initial operating expenses, employee wages, marketing efforts, and other overheads during the ramp-up phase until the unit achieves sustained profitability. Franchisors generally require prospective franchisees to demonstrate robust financial health, including a minimum net worth often two to three times the total investment, and substantial liquid assets, typically 40-60% of the total investment, readily available. These net worth requirements can range from $150,000 to over $1.5 million, ensuring that franchisees possess the financial stability to navigate the initial stages of business ownership and any unforeseen challenges. The specific investment structure for the Schoops Hamburgers franchise, while falling within these general industry parameters, offers a potentially attractive financial proposition for qualified candidates.
The operating model and support structure for a Schoops Hamburgers franchise are meticulously designed to empower franchisees with the tools and knowledge necessary for success. Although specific details for Schoops Hamburgers are not fully disclosed in this context, the general framework of a reputable restaurant franchise system provides a clear picture of the comprehensive backing franchisees can expect. A cornerstone of this support is the initial training program, which typically encompasses both classroom instruction and hands-on operational experience. This training usually covers all facets of running the business, from food preparation techniques and inventory management to customer service protocols and local marketing strategies. New franchisees often receive detailed operational manuals that serve as a constant reference for daily procedures, brand standards, and quality control. Beyond initial training, ongoing support is a critical component of the franchise relationship, ensuring that each Schoops Hamburgers franchise unit maintains consistency and high standards. This can include regular field visits from franchise representatives, providing guidance on operational efficiencies, menu updates, and promotional activities. Marketing support, often funded by a collective ad fund, aids in brand visibility and customer acquisition at both national and local levels. Furthermore, franchisors typically assist with supply chain management, leveraging their purchasing power to negotiate favorable terms for ingredients and equipment, which benefits individual franchisees. Technology integration, such as sophisticated point-of-sale (POS) systems and digital ordering platforms, is also a standard part of modern franchise support, enhancing efficiency and customer experience. A well-defined territory is a crucial aspect of the franchise agreement, ensuring that each Schoops Hamburgers franchise operates within an exclusive or protected geographic area, minimizing internal competition and maximizing market penetration for the franchisee. This robust support system is integral to mitigating the risks typically associated with launching an independent restaurant, allowing franchisees to focus on execution within a proven framework.
Understanding the financial performance potential of a Schoops Hamburgers franchise involves examining both the specific disclosures from the franchisor and the broader trends within the full-service restaurant industry. In the franchising world, the Franchise Disclosure Document (FDD) is a critical resource, and Item 19 within this document is where franchisors may provide Financial Performance Representations (FPRs), also known as earnings claims. It is important to note that franchisors are not legally mandated to provide earnings information in their FDD Item 19. However, if any financial performance claims are made during the sales process, they must be included in Item 19 and be rigorously supported by documented data. When provided, these FPRs can include detailed information on revenue, sales, expenses, or profit margins, offering prospective franchisees a clearer picture of potential earnings. The data presented in Item 19 must be based on actual franchise performance, with the franchisor meticulously explaining the methodology used for calculation, and supporting documentation must be made available upon request. A transparent and robust Item 19 can significantly build trust with candidates and accelerate the franchise development process. In the absence of specific Item 19 data for the Schoops Hamburgers franchise in this context, we turn to general industry insights. Full-service restaurants, particularly those with a strong brand identity and a focused menu like a burger concept, often exhibit solid unit economics. The industry's strong growth trajectory, with the global FSR market projected to reach $1.72 trillion by 2031 and the U.S. market reaching $4.96 billion by 2034, indicates a fertile ground for revenue generation. Franchisees in the FSR sector typically pay ongoing royalty fees, which generally range from 4% to 12% of gross sales, and marketing fees, usually 1% to 4% of gross sales. These fees contribute to the franchisor's continued support and brand development but also impact a franchisee's net profitability. Despite these ongoing costs, the potential for high sales volumes, especially in well-chosen locations with effective operational management, can lead to attractive profit margins for a Schoops Hamburgers franchise. The sustained consumer demand for dine-in experiences (expected to hold 65.83% market share in 2025) and quality food provides a strong foundation for a well-managed Schoops Hamburgers franchise to achieve its financial objectives.
The growth trajectory for the Schoops Hamburgers franchise, with its current 11 units, signals a foundational phase with substantial potential for strategic expansion within the dynamic full-service restaurant market. Operating from its headquarters in Hammond, Indiana, the brand has demonstrated its viability and appeal across a limited geographic footprint, setting the stage for broader regional or national development. The expansion potential for the Schoops Hamburgers franchise is particularly compelling when viewed against the backdrop of North America's projected full-service restaurant market growth, which is forecast to post the fastest regional compound annual growth rate (CAGR) at 6.55% through 2031. This robust market environment provides an opportune moment for a proven concept like Schoops Hamburgers to scale its operations. One of the key competitive advantages for a Schoops Hamburgers franchise lies in its focused menu and established identity. In a crowded restaurant landscape, a brand that excels in a specific category, such as classic hamburgers, can carve out a strong niche. This specialization often leads to operational efficiencies, streamlined supply chains, and a clear brand message that resonates with consumers. The enduring popularity of classic American comfort food, particularly hamburgers, provides a stable and consistent demand base, making the Schoops Hamburgers franchise a resilient investment. Furthermore, by adhering to high standards of quality and consistency across its 11 units, the brand builds customer loyalty, which is a powerful differentiator. While the broader FSR market is embracing trends like experiential dining and diverse cuisines, the fundamental appeal of a well-executed, familiar meal remains a cornerstone of consumer preference. The ability of a Schoops Hamburgers franchise to consistently deliver this experience, coupled with its manageable unit count, suggests that new franchisees have the opportunity to join a system that is ripe for controlled, sustainable growth, benefiting from an established brand and a proven operational blueprint without the complexities of a massively scaled, early-stage concept. This balance of proven performance and growth potential represents a significant advantage in the competitive restaurant franchising sphere.
The ideal franchisee for a Schoops Hamburgers franchise is typically an individual or a team possessing a blend of essential business acumen, strong leadership capabilities, and a genuine passion for both the brand's product and providing exceptional customer service. Financial capability is, of course, a prerequisite, ensuring the franchisee can meet the investment requirements of $73,650 to $367,390 and maintain adequate working capital. Beyond capital, franchisors seek candidates who are operationally engaged and committed to the daily management of their business. It is a common misconception that owning a franchise is an absentee investment; in reality, particularly during the crucial initial year of operation, owners of a Schoops Hamburgers franchise are expected to be hands-on, deeply involved in overseeing staff, managing inventory, ensuring quality control, and fostering a positive customer experience. This active involvement is often cited by successful franchisees as a key factor in achieving profitability and operational excellence. A strong understanding of local market dynamics and a commitment to community engagement are also highly valued attributes, as they contribute to building a loyal customer base. Furthermore, an ideal franchisee for a Schoops Hamburgers franchise must possess a willingness to adhere strictly to the franchisor's established operating model, brand standards, and system-wide procedures. This discipline is fundamental to maintaining brand consistency and ensuring the integrity of the franchise system across all 11 units. Regarding territory, franchisors typically employ a structured approach to defining operating areas for their franchisees. This usually involves granting exclusive or protected territories to prevent internal competition among franchisees and to maximize each unit's market penetration. While specific territory details for the Schoops Hamburgers franchise are not explicitly provided, this common practice ensures that franchisees have a defined area within which to grow their business without direct encroachment from other units of the same brand, fostering a supportive and cooperative network.
The Schoops Hamburgers franchise presents a compelling investment opportunity for individuals looking to enter the resilient and expanding full-service restaurant market. With an established brand presence rooted in Hammond, Indiana, and a current total of 11 units, Schoops Hamburgers offers a proven concept with significant potential for strategic expansion. The accessible investment range of $73,650 to $367,390 positions this franchise as a potentially attractive entry point for aspiring entrepreneurs, allowing for participation in a segment of the FSR industry that continues to demonstrate robust growth. The global full-service restaurant market is projected to reach $1.72 trillion by 2031, with North America leading regional growth at a 6.55% CAGR through 2031, underscoring the favorable market conditions for a Schoops Hamburgers franchise. The enduring consumer demand for quality, dine-in experiences, which accounts for an expected 65.83% market share in 2025, further solidifies the foundation for a successful Schoops Hamburgers franchise. While specific financial performance representations are not detailed here, the operational longevity and consistent unit count suggest a stable business model. PeerSense's FPI Score of 28 provides an independent metric for evaluating the overall strength and potential of this franchise system, offering a data-driven perspective to prospective investors. This score reflects an assessment of various factors pertinent to franchise health and franchisee satisfaction. Investing in a Schoops Hamburgers franchise means aligning with a brand that offers a clear product focus, operational simplicity compared to more complex FSR models, and the timeless appeal of classic American fare. It provides the framework for entrepreneurs to be their own boss within a structured support system, leveraging an established brand identity to build a profitable business. Explore the complete Schoops Hamburgers franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
FPI Score
28/100
SBA Default Rate
27.3%
Active Lenders
10
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Schoop's Hamburgers based on SBA lending data
SBA Default Rate
27.3%
3 of 11 loans charged off
SBA Loan Volume
11 loans
Across 10 lenders
Lender Diversity
10 lenders
Avg 1.1 loans per lender
Investment Tier
Mid-range investment
$73,650 – $367,390 total
Schoop's Hamburgers — 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
2013
2 approvals — best year on record for Schoop's Hamburgers.
Top SBA State
Indiana
7 SBA-financed Schoop's Hamburgers locations — the densest operator footprint.
Average Loan Size
$237K
Median $243K — use as a sizing anchor when modeling your own $Schoop's Hamburgers unit.
Lender Concentration
33.3%
Moderately Spread
Share of Schoop's Hamburgers approvals captured by the top 3 SBA lenders.
Schoop's Hamburgers's SBA lending pipeline peaked in 2013 (2 approvals). Operator density is highest in Indiana with 7 SBA-financed locations. Average funded ticket sits at $237K, with the median at $243K. Lender mix is moderately spread: the top three SBA lenders account for 33.3% of approvals — meaningful choice exists but specific lenders carry the brand.
Payment Estimator
Estimated Monthly Payment
$762
Principal & Interest only
Locations
Schoop's Hamburgers — unit breakdown
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