
Eggs Up Grill
Breakfast, brunch, and lunch restaurants- 2023 Franchise 500 Rank
-
#388 Ranked #495 last year
- Initial investment
-
$413K - $765K
- Units as of 2022
-
57 62.9% over 3 years
Eggs Up Grill is a brand in the food and restaurant industry segment. It caters to breakfast, brunch, and lunch diners throughout the United States.
Founded by Chris Skodras in South Carolina several decades ago, Eggs Up Grill has been operational for more than 20 years. Eggs Up Grill believes that the company offers a proven business model and growth potential. Eggs Up Grill is currently under WJ Partners' ownership, which acquired it from the founder in 2018. Eggs Up Grill began franchising in 2005 and now has over 40 franchises in the United States. Eggs Up Grill is looking to expand even further.
Why You May Want to Start an Eggs Up Grill Franchise
Opening an Eggs Up Grill franchise may give you a chance to create an employment opportunity for your community, as you are expected to have more than 20 employees. Furthermore, it may be a fun business to run, as it focuses on breakfast food and may, as a result, free up your nights.
Eggs Up Grill offers initial training programs and various ongoing support options to help you run your business. Training programs include over a dozen hours of classroom training and an extensive amount of on-the-job training. On top of that, franchisees also get to enjoy support from the franchisor in areas of security and safety procedures, field operations, franchisee intranet platforms, a toll-free line, lease negotiation, site selection, grand opening, purchasing co-ops, meetings, conventions, and marketing support.
What Might Make an Eggs Up Grill Franchise a Good Choice?
Several times in recent years, Eggs Up Grill has been ranked in Entrepreneur's Franchise 500. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
To be part of the Eggs Up Grill 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. The term of the agreement lasts for ten years and is renewable upon fulfilling the renewal requirements.
Eggs Up Grill has relationships with third-party sources that may offer financing to cover startup costs and equipment should you meet the financing requirements.
How To Open an Eggs Up Grill Franchise
As you decide if opening an Eggs Up Grill 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 Eggs Up Grill 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, 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 Eggs Up Grill franchising team questions.
Company Overview
About Eggs Up Grill
- Industry
- Food
- Related Categories
- Breakfast/Brunch Restaurants, Miscellaneous Full-Service Restaurants
- Founded
- 1986
- Parent Company
- WJ Partners
- Leadership
- Ricky Richardson, CEO
- Corporate Address
-
100 Dunbar St., #301
Spartanburg, SC 29306
Business Overview
- Franchising Since
- 2005 (18 years)
- # of employees at HQ
- 14
- Where seeking
-
This company is offering new franchisees in the following US states: Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, West Virginia
- # of Units
- 57 (as of 2022)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Eggs Up Grill 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
- $39,000
- Initial Investment
- $412,888 - $764,575
- Net Worth Requirement
- $500,000
- Cash Requirement
- $150,000
- Royalty Fee
- 5%
- Ad Royalty Fee
- 1-2%
- Term of Agreement
- 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
- Eggs Up Grill has relationships with third-party sources which offer financing to cover the following: startup costs
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
- 125 hours
- Classroom Training
- 18 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 22
- Are exclusive territories available?
- Yes
Interested in ownership opportunities like Eggs Up Grill? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Eggs Up Grill landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
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