Foster’s Grille

Foster’s Grille

Information based on public info

Food & Beverage · Fast Casual

Investment min
$172K
Total: $172K–$539K
Avg gross revenue
$930K
Company-reported average
Franchise fee
$40K
Per current disclosure
Royalty
5%
of gross revenue
Locations
5
Franchising since 2005

Description

What is Foster’s Grille?

Foster's Grille has established itself as a beloved fast-casual restaurant concept that brings the authentic charm of neighborhood burger joints to communities across America. Founded in 1999, this franchise has earned a stellar reputation for its signature Charburgers, cooked to perfection on flame-broiled grills that deliver that unmistakable backyard barbecue taste.

What sets Foster's Grille apart is their unwavering commitment to quality and freshness. Their menu features made-to-order favorites including their famous half-pound Charburgers, hand-cut fries, crispy onion rings, and hand-spun milkshakes. The franchise has also adapted to modern dining preferences by including vegetarian options like the Beyond Burger, making it an inclusive dining destination for all customers.

The restaurant's atmosphere strikes the perfect balance between casual sports bar and family-friendly eatery. With both indoor and outdoor seating options, arcade games for kids, and multiple TVs showing sports, Foster's Grille creates a welcoming environment where communities gather. Their commitment to customer service is evident through their attentive staff and hands-on management approach.

Foster's Grille locations have become neighborhood fixtures, known for their consistent quality, generous portions, and reasonable prices. The franchise has successfully created a business model that combines the convenience of fast-casual dining with the quality and atmosphere of a full-service restaurant. Whether customers are craving award-winning wings, fresh salads, or their signature Charburgers, Foster's Grille delivers an exceptional dining experience that keeps patrons coming back for more.
  • 25+ years proven restaurant experience
  • Below-average investment, above-average revenue performance
  • Fresh never-frozen charburger specialty focus
  • Neighborhood gathering place positioning advantage
  • Made-to-order quality differentiates competition
  • Established loyal customer base foundation

Location Analysis

Where Foster’s Grille wins

Foster's Grille, established in 1999, maintains an established presence across multiple states in the Mid-Atlantic region with strategic expansion into Florida. The franchise has a strong presence in Maryland and Virginia, complemented by market representation in West Virginia, Washington DC, and Florida. This geographic footprint demonstrates a focused regional growth strategy centered in the Mid-Atlantic corridor.

The franchise's concentration in suburban markets like Manassas, VA, suggests a deliberate targeting of middle-income, family-oriented communities. While customer ratings data is currently unavailable for comprehensive performance analysis, the brand's two-decade presence and sustained operations in core Maryland and Virginia markets indicate market stability.

Ideal locations for Foster's Grille typically include: - Suburban areas with median household incomes above $75,000 - Shopping centers or retail districts with complementary businesses - Communities with population densities of 2,000+ per square mile - Areas with strong daytime population and office presence

Growth opportunities exist in adjacent markets such as Pennsylvania, Delaware, and North Carolina, which share demographic similarities with current successful locations. The Florida location represents potential for Southeast expansion, though careful market analysis would be essential for success in new regions.
Total US locations
12
Franchise units
5
Corporate locations
7
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Foster’s Grille

Avg gross revenue$930,214
Investment range$171,800 – $538,600
Investment midpoint$355,200
Brand fund3%
Royalty5%
Franchise fee$40,000
Min. net worth
Min. liquid capital
Foster's Grille presents an entry-level investment opportunity in the fast-casual segment, with total investment ranging from $171,800 to $538,600. This positions the franchise well below the sub-sector average investment range of $406,514-$894,151, making it accessible to emerging entrepreneurs seeking restaurant ownership without premium capital requirements. The reported gross revenue of $930,214 exceeds the fast-casual sub-sector average of $696,569, suggesting operational efficiency despite lower investment thresholds.

The fast-casual dining sector continues experiencing growth driven by consumer preferences for quality food served quickly in casual environments. Foster's 25-year operational history since 1999 demonstrates brand longevity, though the current 12-unit system indicates limited market penetration and suggests either selective growth or market challenges. This smaller footprint may present both opportunity for territorial expansion and concerns about brand recognition in competitive markets.

The American restaurant concept focusing on charburgers, wings, and casual dining appeals to broad demographic segments, particularly in suburban markets where neighborhood gathering places thrive. However, the limited system scale may impact purchasing power, marketing reach, and operational support infrastructure compared to larger franchise systems.

Ideal investors should possess restaurant industry experience and sufficient working capital beyond initial investment for operational sustainability. The lower investment threshold attracts owner-operators seeking hands-on involvement, though multi-unit development potential appears limited given current system size. Prospective franchisees must carefully evaluate territorial rights, ongoing support capabilities, and local market competition before committing capital.
Did you know? Did you know that launching your own Foster's Grille franchise - known for their flame-grilled burgers and fresh-cut fries - requires a total investment between $171,800 and $538,600, which covers everything from the $40,000 franchise fee to equipment, buildout, and working capital needed to bring this beloved fast-casual concept to your community?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$172K–$539K
Most common
$171,800
Minimum
$355,200
Midpoint
$538,600
Maximum

Per FDD Item 7, total initial investment ranges from $171,800 to $538,600. The midpoint $355,200 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$2M$1M$900K$600K$300KN/A
$930K
2021
2022
2023
Avg
$310K
YOY change (2022 -> 2023)

According to Item 19 of the Franchise Disclosure Document, Foster’s Grille has an average gross revenue of $930K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+9% YoY
15129630
2020
2021
2022
2023
12 units+1 in last 12 mo

Buyer FAQs

Frequently asked questions

The initial investment for a Foster’s Grille franchise typically ranges between $171,800.00 and $538,600.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Foster’s Grille
Foster’s Grille
$930K avg revenue · 5+ US franchises

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