4/10

Franchimp Summary Rating

7 /10
Lower than 33% of peers

Franchise Summary

Description
MTY Franchising USA, Inc. offers a franchise to own and operate quick service restaurants offering healthy food, juice, smoothies and related products under the “grabbagreen” name and marks.
Company Background
grabbagreen is a professional franchising company with the goal of providing healthy food for customers. They offer a franchise to own and operate quick service restaurants that provide healthy food, juice, smoothies and related products under the "grabbagreen" name and marks.
Franchise Opportunity
We want to eat healthier but we don't know where to start. Grabbagreen is a fresh, healthy brand that offers delicious food and beverages made with natural ingredients. Our menu includes options for people who are gluten-free, vegetarian or vegan. You can also customize your meal by choosing from a variety of proteins and toppings. All our meals are served in compostable packaging so you can feel good about what you're eating! Grabgreen offers franchise opportunities for entrepreneurs who want to own and operate their own healthy restaurant business in high traffic locations such as shopping malls, airports, universities or hospitals. If you have experience running restaurants or cafes then this could be the perfect opportunity for you! It is an affordable investment with low startup costs compared to other franchises like Subway or Panera Bread which require at least $300K-$500K in capital upfront before even starting operations! With grabgreen franchisees only need $
Corporate Structure
MTY Franchising USA, Inc. is a Delaware corporation that was incorporated on March 14, 2001 to operate a franchising business in the United States under the name “The Extreme Pita.” They changed their corporate name from The Extreme Pita Franchising USA, Inc. in July 2014. Their principal business address in the United States is 9311 East Via de Ventura, Scottsdale, Arizona 85258, their head office for North America is 2 East Beaver Creek Road, Building One, Richmond Hill, Ontario L4B 2N3, Canada.
Royalties and Marketing Fees

Royalties : 6.0% of revenue

Earnings Transparency

1 /10
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Franchise Types Available

# Type Investment Fees

Distribution of grabbagreen Franchisees

grabbagreen Franchise System Development in 2022

FAQ

How much investment do I need to start my own grabbagreen business?
Franchisees typically require at least $266 to $572 investment to get their grabbagreen business started
What are the initial franchise fees for grabbagreen?
Franchisees typically need to pay at least $26 in fees directly to grabbagreen in order to earn the right to launch their business
How much money can I make with a grabbagreen franchise? What are the average revenues for a typical grabbagreen business?
We haven’t done the math on how much revenue a typical grabbagreen brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect grabbagreen to generate a similar amount
How long do I need to commit to running a grabbagreen unit? What is my contractual commitment?
grabbagreen franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

7 /10
The Franchisor's investment costs ranges from $266,000 to $572,075 which is Much Lower than the $0 to $0 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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