About Food Street Franchise
Food Street is a restaurant franchise concept that began offering franchise opportunities in 2025.
The brand brings a street food inspired dining experience to the quick service restaurant space, featuring a menu that draws on diverse global flavors and casual, accessible pricing.
The franchise fee is $35,000 per territory.
Food Street Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $35,000 | One-time payment upon signing |
| Royalty Fee | 5% of Gross Revenues of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 2% of Gross Revenues (1% Local Advertising, 1% National Advertising Fee) | National brand fund |
| Total Investment Range | $260,000 – $510,000 | Includes build-out, inventory, working capital |
The investment range of $260K–$510K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (5% of Gross Revenues) and marketing fee (2% of Gross Revenues (1% Local Advertising, 1% National Advertising Fee)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $35,000 | $35,000 |
| Travel and Living Expenses to Attend Initial Training | $3,000 | $5,000 |
| Leasehold Improvements | $75,000 | $200,000 |
| Rent and Security Deposit-3 mos. | $9,000 | $15,000 |
| Signage | $5,000 | $10,000 |
| Furniture, Fixtures, and Equipment | $60,000 | $100,000 |
| Computer Hardware and Software | $3,000 | $5,000 |
| Initial Inventory and Supplies | $12,000 | $20,000 |
| Grand Opening Advertising | $3,000 | $5,000 |
| Payroll | $30,000 | $60,000 |
| Insurance | $1,000 | $2,000 |
| Professional Fees | $3,000 | $5,000 |
| Utilities-3 mos. | $1,000 | $3,000 |
| Additional Funds-90 days | $15,000 | $40,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $5,000 for a transfer of the franchise or a majority interest; $2,500 for transfer of minority interest |
| Renewal Fee | $2,500 |
| Technology Fee | Approximately $500 per month plus transaction costs |
| Audit Fee | Cost of Audit plus $50 per month Late Fee on any late payment |
| E-mail Fee | Approximately $75 - $100 per month |
| Late fee | $50 per month |
| Customer Refunds | The amount of any fee we refund to a customer |
| Sales, Excise, or Gross Receipts tax | Actual amount of tax paid |
| Third party charges that we incur on your behalf | Actual amount of charge |
| Indemnity | Actual loss sustained |
| Attorney Fees and Costs | Actual amount incurred |
| Update Training Fee | $250 per attendee |
| Insufficient Funds Fee | $50 per transaction |
| Relocation Fee | $5,000 |
| Annual Convention Fee | Up to $350 per attendee |
| Testing/ Inspection Fees to Approve a Supplier | $100/hour plus any costs incurred |
| Assistance Fee in the event of death or incapacity | Our reasonable expenses plus 10% of Gross Revenues for the period in which we operate or assist in the operation of the Franchised Business. |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 30 Hours |
| Classroom Training | 8 hours |
| On-the-Job Training | 22 hours |
| Training Location | at our Affiliate location in New Jersey or another franchisor training center we designate. |
| Additional Training | We may elect to offer and require you to attend, either live or electronically, additional training and seminars that we may offer. We may charge up to $250 per person trained per day, plus any expenses we incur to provide this training. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Exclusive |
| Exclusive Territory | Yes |
| Territory Size | minimum population of a 3 mile radius around your outlet. |
| Description | for a specific geographic region that we define and approve by zip codes, natural, or political boundaries as set forth on Schedule 1 to the Franchise Agreement. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | successive terms |
| Renewal Fee | $2,500 |
| Renewal Conditions | Can be renewed for successive terms if you are in compliance with your Franchise Agreement (“Agreement”). Renewing your Franchise Agreement means that you are able to continue your operations as a franchisee for an additional term. You must pay renewal fee, sign a general release of claims, notify us in writing at least 180 days before the expiration of the Agreement, and sign our then current Agreement, which may contain materially different terms and conditions than your original contract. |
| Transfer Fee | $5,000 for a transfer of the franchise or a majority interest; $2,500 for transfer of minority interest |
| Transfer Conditions | You must be: -current in monetary obligations; -in compliance with the Franchise Agreement; -execute any transfer, amendment, or release forms that we may require; -provide to us a copy of the proposed transfer documents; -transferee must meet our criteria; -transferee must execute our then-current Franchise Agreement; -pay to us the Transfer Fee; -transferee must satisfactorily complete our initial training program; -comply with the post-termination provisions; -transferee must obtain necessary licenses and permits; -obtain any lessor approval for transfer; -the transfer must be made in compliance with any laws that apply to the transfer; -the purchase price and terms of the proposed transfer are not so burdensome to the prospective transferee as to impair or materially threaten its future operation; -you must request that we provide the prospective transferee with our current franchise disclosure document. |
| Termination for Cause | Violate the Agreement, Manual, any other agreement with us, or owe monies to us more than 30 days past due, and do not cure such breach within 30 days after notice. Other non-curable defaults include failure to pass initial training, failure to obtain site approval or open on time, relocation without approval, insolvency, material violation of law, abandonment of business, materially false franchise application, fraud, or failure to pay suppliers over $3,000 for more than 60 days. |
| Non-Compete Period | In-Term: during the Term of this Agreement; Post-Term: 2-year period after termination, expiration, or non-renewal |
| Non-Compete Details | In-Term: You will not, during the Term of this Agreement, in the United States or its Territories, directly or indirectly, offer a fast casual Restaurant offering cuisine the same or similar to that offered through this Franchise Agreement. Post-Term: You will not, directly or indirectly, for a 2-year period after the termination, expiration, or non-renewal of this Agreement, including a sale of the franchise or your interest in it, offer cuisine the same or similar to that offered through this Franchise Agreement in the Territory or within 25 miles of the boundaries of the Territory, or within 25 miles of any other Food Street outlet of ours or a franchisee of ours in operation at the time. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | You are required to participate personally in the direct operation of the Franchised Business or have a Designated Manager who attends and successfully completes our initial training to our satisfaction. Any replacement Designated Manager must also attend and successfully complete our initial training to our satisfaction. Any Designated Manager must also sign a Confidentiality and Non-Compete Agreement as we may specify. A Designated Manager is not required to have any equity interest in the franchisee’s business. You and any Designated Manager must pass a background check. All owners of this franchise must guarantee the obligations under the Franchise Agreement. You agree to accurately and completely furnish to us the names, contact information, and ownership percent on anyone owning an interest in this franchise on the Signature Page to the Franchise Agreement. No change to the owners or ownership percentages are permitted without our prior written consent. |
| Required Suppliers | Franchisor designates or approves suppliers for advertising material, bookkeeping/accounting, computer hardware/software, furniture/fixtures/equipment, leasehold improvements, signs, and supplies/inventory. |
| Supply Restrictions | Franchisees must use approved suppliers or seek approval for alternative suppliers, which incurs a $100/hour testing fee plus costs. Franchisor is an approved supplier for advertising material. |
| Franchisor Revenue from Suppliers | In our last fiscal year ending December 31, 2024, did not earn revenue or other material consideration from required purchases or leases by franchisees. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee your note, lease or obligation. |
Food Street Franchise Earnings — Item 19
Food Street does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Food Street Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Food Street System Growth
Food Street currently operates 0 franchised locations and 2 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 |
| 2024 | 2 | 0 | 2 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Audited by Metwally CPA PLLC for year ending December 31.
Food Street Franchise — FAQ
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