Start a EatGatherLove Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $100K - $270K

Units as of 2021: 6 500.0% over 3 years

The EatGatherLove brand began as Dream Doors in 2000 in New Zealand. The company now has over 100 franchises in New Zealand, Australia, and the United Kingdom. Dream Doors is expanding to the United States under the name EatGatherLove. With several U.S. locations, EatGatherLove is ready to grow on American soil.

EatGatherLove wants to provide customers with a different kitchen remodeling experience. Redoing a kitchen is tedious, but EatGatherLove believes it can streamline the process by refacing the client’s existing kitchen, turning it into a luxury room in any home.

Why You May Want To Start an EatGatherLove Franchise

EatGatherLove believes that the kitchen is the heart of the home. So instead of taking six to eight weeks for a remodel, they try to have it done in several days. This is done by simplifying the remodeling process and using custom product lines.

Franchisees for EatGatherLove do not necessarily need experience in the construction or remodeling industry. Potential EatGatherLove franchisees generally need to excel at making sales and easily meet and connect with new people. EatGatherLove franchisees are expected to be involved in the day-to-day operations of the franchise. Franchisees are also expected to either hire or contract work out to an experienced kitchen installer.

What Might Make an EatGatherLove Franchise a Good Choice?

With more than two million kitchens renovated each year in the United States, EatGatherLove knows that consumers are looking to update their homes to fit their needs and wants as homeowners.

Opening an EatGatherLove franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

To be part of the EatGatherLove team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.

How to Open an EatGatherLove Franchise

As you decide if opening an EatGatherLove franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if an EatGatherLove franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

Before making any financial commitment or signing an agreement with EatGatherLove, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the EatGatherLove franchising team questions.

If you are awarded an EatGatherLove franchise, the company offers support through initial training, onsite training, advertising, marketing, operation manuals, online training systems, and coaching. EatGatherLove also offers franchisees access to a software platform to manage Google Adwords. There is also a system for tracking leads to sales, marketing expenses and results, and other franchise aspects.

Company Overview

About EatGatherLove

Industry	Home Improvement
Related Categories	Kitchen & Bath Remodeling, Building & Remodeling
Founded	2017
Leadership	Tom Raymond, Franchise Development Manager
Corporate Address	7050 Miramar Rd. San Diego, CA 92121
Social	Facebook, LinkedIn, Instagram, YouTube, Pinterest

Business Overview

Franchising Since	2018 (6 years)
# of employees at HQ	8
Where seeking	This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming
# of Units	6 (as of 2021)

Information for Franchisees

Here's what you need to know if you're interested in opening a EatGatherLove franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$50,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$99,800 - $269,750
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$250,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$50,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	$5,000 off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	6%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	3%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	EatGatherLove has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	48 hours
Classroom Training	44 hours
Ongoing Support	Purchasing Co-ops Newsletter Meetings & Conventions Toll-Free Line Grand Opening Online Support Security & Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates Regional Advertising Social Media SEO Website Development Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	Yes
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	3
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes