10 /10
Lower than 0% of peers
9 /10
Lower than 12% of peers
10 /10
This franchise's rate of attrition in 2023
of 0.00%
was
Lower
than the 8% in the QSR industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Franchise Disclosure Documents
We aren't sure how much money you will need to start a
Ovo Cafe franchise. However, we can tell you that franchisees
also operating in the Food & Beverage industry typically require
$232,078 to
$632,613 investment to start their franchise
We don’t know exactly how much the franchise fees are for
Ovo Cafe, but we can tell you that other franchises in the
Food & Beverage sector typically need to pay between
$33,998 and
$69,187 to the
franchisor
We haven’t done the math on how much revenue a typical
Ovo Cafe brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$0 revenue, so we would expect
Ovo Cafe to generate a similar amount
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
9 /10
The Franchisor's investment costs ranges from
$177,500 to $341,000
which is
Much Lower
than the $619,545 to $1,693,635 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
Franchises in the Same Industry
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Franchising Status
Initial Investment (Min)
Initial Investment (Max)
Franchisee Fee (Min)
Franchisee Fee (Max)
Number of Lawsuits
Number of Director Bankruptcies
Year Founded
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Year Updated
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