6/10

Franchimp Summary Rating

2 /10
Higher than 83% of peers

Franchise Summary

Description
Modern Market Eatery is a fast-casual restaurant franchise founded in 2009 in Boulder, Colorado, that focuses on fresh, wholesome, and locally sourced food, offering a menu with healthy options for various dietary preferences. The franchise has expanded across the U.S., emphasizing sustainability, community engagement, and a commitment to quality ingredients free from artificial additives.
Company Background
Modern Market Eatery is a fast-casual restaurant franchise that offers delicious, nutritious food with great customer service. We are passionate about providing fresh, wholesome ingredients and serving high quality food in an environment of comfort and convenience.
Franchise Opportunity
Our customers are busy professionals who want to eat healthy and tasty food, but don't have the time or desire to cook. We offer a fast casual dining experience that is both convenient and delicious. Modern Market Eatery offers an affordable alternative with freshly prepared meals made from only the best ingredients available. We prepare our meals fresh daily in each restaurant using recipes created by top chefs, ensuring you get great tasting food every time you visit us. Our menu items are crafted around whole foods so they are naturally flavorful without added salt or sugar. You can enjoy your meal right away without waiting for it to be cooked as we use high quality heating equipment that allows us to serve your meal within minutes of ordering it! Whether you choose one of our signature dishes such as roasted chicken breast salad, spicy Asian BBQ pulled pork sandwich, or classic meatball sub; or create your own custom order from any item on our menu; we guarantee you will
Corporate Structure
Modern Market Franchising, LLC is a Delaware limited liability company formed on April 17, 2019. We do business under our corporate name and the name Modern Market Eatery. We do not conduct business under any other name. Our principal place of business is 1600 Champa Street, Suite 340, Denver, Colorado 80202. Our agents for service of process are listed in Exhibit E. We began offering franchises for Modern Market Eatery restaurants in 2020. We do not operate Modern Market Eatery Restaurants, we have never offered franchises in any other line of business and we do not conduct any other business.

Earnings Transparency

10 /10
This Franchise discloses far more 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

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. QSR Industry

$2,578,919 / unit

Franchise Type: Standard

Average Revenue During 2022

$2,578,919
$282,742
Industry Low
$3,261,971
Industry High

Average Gross Profit Per Unit

Compared vs. QSR Industry

$1,720,816 / unit

Franchise Type: Standard

Average Gross Profit During 2022

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Modern Market Eatery Franchise System Development in 2022

FAQ

How much investment do I need to start my own Modern Market Eatery business?
Franchisees typically require at least $728 to $1 investment to get their Modern Market Eatery business started
What are the initial franchise fees for Modern Market Eatery?
Franchisees typically need to pay at least $40 in fees directly to Modern Market Eatery in order to earn the right to launch their business
How much money can I make with a Modern Market Eatery franchise? What are the average revenues for a typical Modern Market Eatery business?
We estimate that the average revenue of an individual Modern Market Eatery unit is approximately $2,578,919. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Modern Market Eatery unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

2 /10
The Franchisor's investment costs ranges from $728,500 to $1,468,750 which is Much Higher 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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