About fresh& Franchise
fresh&co is a fast casual restaurant franchise specializing in fresh, healthy, and made to order meals.
The brand has been franchising since 2018 through Fresh Franchise Partners LLC and offers a menu featuring salads, grain bowls, wraps, smoothies, and other wholesome options crafted from premium ingredients.
The franchise fee is $45,000.
fresh& Franchise Cost & Fees
Minimum Investment
$728K
Average Investment
$1.1M
Maximum Investment
$1.5M
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $45,000 | One-time payment upon signing |
| Royalty Fee | Six Percent (6%) of the Gross Sales of the Franchised Business of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | One percent (1%) of the monthly Gross Sales of your Franchised Business (Local Advertising Requirement); One percent (1%) of the Gross Sales of your Franchised Business (Brand Development Fund), with right to increase to two percent (2%) | National brand fund |
| Total Investment Range | $727,665 – $1,468,000 | Includes build-out, inventory, working capital |
The investment range of $728K–$1.5M reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (Six Percent (6%) of the Gross Sales of the Franchised Business) and marketing fee (One percent (1%) of the monthly Gross Sales of your Franchised Business (Local Advertising Requirement); One percent (1%) of the Gross Sales of your Franchised Business (Brand Development Fund), with right to increase to two percent (2%)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $45,000 | $45,000 |
| Rent and Security Deposit | $10,000 | $60,000 |
| Utility Deposit | $1,500 | $5,000 |
| Design and Architect Fees | $12,000 | $60,000 |
| Leasehold Improvements | $200,000 | $450,000 |
| Signage | $8,500 | $21,000 |
| Equipment, Furniture and Fixtures, Office Set Up | $170,000 | $210,000 |
| Point of Sale and Computer Equipment, Internet, Phone, Security | $15,000 | $25,000 |
| Business Licenses and Permits | $5,000 | $10,000 |
| Professional Fees | $15,000 | $25,000 |
| Insurance – 3 months | $665 | $2,000 |
| Initial Inventory and Uniforms | $30,000 | $30,000 |
| Training Expenses | $20,000 | $30,000 |
| Market Introduction Program | $15,000 | $30,000 |
| Additional Funds – 3 Months | $180,000 | $465,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | Fifty percent of then-current initial franchise fee |
| Renewal Fee | The greater of twenty-five percent (25%) of then-current Initial Franchise Fee or $22,500 |
| Technology Fee | $250 per month (Technology, Support and Development Fee); $15,000 - $25,000 one-time fee (Computer and Point of Sale Maintenance Fee) |
| Audit Fee | Costs and expenses (Payable if audit reveals underreporting of Gross Sales by 2% or more) |
| Conference Attendance Fee | Then-current fee. |
| Site Evaluation Fee | Costs and expenses |
| Relocation Fee | $3,000 as well as associated costs. |
| Testing or Supplier Approval Fee | Costs and expenses of inspection, evaluation and/or testing and other professional analysis. |
| Late Payment | $10 per day plus one and a half percent (1.5%) interest per month, or maximum allowed by law. |
| Attorney Fees and Costs | Reimbursement of our actual fees and costs. |
| Indemnification | Actual costs of indemnification. |
| Insurance Reimbursement | Will vary according to circumstance. |
| Management Fee | Up to 10% of the Gross Sales of the Franchised Business over the time period that we operate the Franchised Business on your behalf, plus the costs/expenses we incur in connection with taking over operations. |
| Reimbursement of Costs and Expenses | Costs and expenses |
| Market Introduction Program | $15,000 - $30,000 |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Approximately four (4) to six (6) weeks |
| Classroom Training | 52 hours |
| On-the-Job Training | 108 hours |
| Training Location | Designated Restaurant Training Location (Westchester County, NY or Corporate Headquarters, NY, NY 10018) |
| Additional Training | Franchisor may offer and require additional training programs and/or refresher courses, and annual meetings. Fees may apply for additional on-site assistance or re-attendance at training programs. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected (for traditional locations), Non-exclusive (for non-traditional sites) |
| Exclusive Territory | Yes |
| Territory Size | No standard minimum territory size; varies significantly based on location and demographics. |
| Description | The boundaries of your Designated Territory may be described in terms of zip codes, streets, landmarks (both natural and man-made) or county lines, or otherwise delineated on a map attached to the Data Sheet. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Two (2) additional terms of five (5) years each |
| Renewal Fee | The greater of twenty-five percent (25%) of then-current Initial Franchise Fee or $22,500 |
| Renewal Conditions | No uncured material defaults, no more than 3 notices of material default in 24 months or 2 in 12 months, good financial standing, continued right of possession, complete required renovation/modernization, pay then-current Renewal Fee, complete refresher training and pay fee, execute general release. |
| Transfer Fee | Fifty percent (50%) of the then current Initial Franchise Fee |
| Transfer Conditions | All monetary obligations satisfied, cure all existing defaults, transferee meets franchisor's standards, transferee executes current Franchise Agreement, transferee completes training, transferee pays Transfer Fee, transferee executes general release. |
| Termination for Cause | Automatic termination for insolvency, bankruptcy, receivership, unsatisfied judgment >$10k, invalid transfer attempt. Termination upon notice for fraud/misrepresentation, failure to complete training, repeated defaults (3 in 24 months, 2 in 12 months), in-term non-compete violation, misuse of Proprietary Marks/Confidential Info/software, default on other agreements, lease default, failure to open business, monetary default (10 days cure), specific violations (10 days cure), abandonment, POS access failure (3 days cure), insufficient EFT funds (3+ times in 12 months), repeated health/zoning violations, personal use of business assets. |
| Non-Compete Period | During the term of the agreement; 2 years after termination/expiration/transfer. |
| Non-Compete Details | During term: cannot be involved with competing food service business (20%+ revenue from salads/bowls/soups/sandwiches) or business granting licenses/franchises for competing business (unless <2% interest in publicly traded). After term: 2 years, cannot be involved with business granting licenses/franchises for competing business in US where franchisor offered franchises. Also, 2 years, cannot be involved with competing business within 20-mile radius of Designated Territory, any other Restaurant, or any other development area granted by Franchisor. Cannot solicit former customers or contact suppliers for competitive purpose. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | Franchisee (or Operating Principal for entities) must personally participate in the direct management operation of the Franchised Business on a full-time basis, unless a franchisor-approved Designated Manager is appointed. Even with a Designated Manager, a principal/owner must serve as the primary contact and be responsible for all operations if the manager is not present or actively handling daily operations. |
| Required Suppliers | Franchisor can require purchase of products, services, and other items necessary to operate the Franchised Business from approved/designated suppliers, including franchisor or its affiliates. Specific items include POS system hardware/software, paper products, branded items, retail inventory, management software, build-out materials, site selection assistance, architectural services, and proprietary artwork/décor. |
| Supply Restrictions | Franchisee must purchase from approved/designated suppliers. Cannot offer non-approved products/services or purchase from non-approved suppliers without prior written approval from franchisor. |
| Franchisor Revenue from Suppliers | Franchisor and its affiliates may include a markup in the price of items sold or leased to franchisees, derive profit from these items, and receive rebates, overrides, or other consideration from suppliers. Affiliate Fresh Design derived $148,180 from the sale of services to franchisees in the fiscal year ending June 30, 2022. |
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. |
fresh& Franchise Earnings — Item 19
Average Revenue
$1.9M
Median Revenue
$1.9M
Revenue Range
$1.0M – $2.6M
Sample Size
12 units
Past financial performance does not guarantee future results. Individual results will vary.
fresh& Litigation & Risk Flags
Clean Litigation Recordfresh& has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
fresh& System Growth
Total Units
15
Franchised
2
Company-Owned
13
fresh& currently operates 2 franchised locations and 13 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 1 | 7 | 12 |
| 2021 | 0 | 0 | 12 |
| 2022 | 3 | 0 | 15 |
Transfers: 0 | Closures: 7
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Revenue
$46K
Net Income
$-169,103
Total Assets
$30K
Audited by Citrin Cooperman & Company, LLP for year ending June 30th.
fresh& Franchise — FAQ
The total investment to open a fresh& franchise ranges from $727,665 to $1,468,000, per their Franchise Disclosure Document. This includes the initial franchise fee of $45,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
fresh& charges a royalty fee of Six Percent (6%) of the Gross Sales of the Franchised Business of gross sales, plus a One percent (1%) of the monthly Gross Sales of your Franchised Business (Local Advertising Requirement); One percent (1%) of the Gross Sales of your Franchised Business (Brand Development Fund), with right to increase to two percent (2%) contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the fresh& Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from fresh& to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, fresh& franchise owners report average revenue of $1.9M and median revenue of $1.9M. This is based on a sample of 12 units. Past performance does not guarantee future results.
fresh& has been franchising since 2018. The FDD shows an investment range of $727,665-$1,468,000, a Six Percent (6%) of the Gross Sales of the Franchised Business royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $45,000 and the total investment ranges from $727,665 to $1,468,000 depending on location size and market. A minimum of $727,665 in liquid capital is required. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from fresh& and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with fresh& or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com