- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$633K - $1.5M
- Units as of 2019
-
18 28.6% over 3 years
Company Overview
About fresh&co
| Industry | Food |
|---|---|
| Related Categories | Miscellaneous Quick-Service Restaurants |
| Founded | 2010 |
| Parent Company | ST Management |
| Leadership | George Tenedios, CEO |
| Corporate Address |
130 W. 37th St., 2nd Fl. New York, NY 10018 |
| Social | Facebook, Twitter, Instagram |
Business Overview
| Franchising Since | 2018 (6 years) |
|---|---|
| # of employees at HQ | 21 |
| # of Units | 18 (as of 2019) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a fresh&co 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
|
$45,000 |
|---|---|
|
Initial Investment
|
$633,000 - $1,503,500 |
|
Net Worth Requirement
|
$1,500,000 |
|
Cash Requirement
|
$400,000 |
|
Veteran Incentives
|
10% off franchise fee |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
1-3% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | No |
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 | 41 hours |
|---|---|
| Classroom Training | 29 hours |
| Ongoing Support |
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty 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 | 20-30 |
|
Are exclusive territories available?
|
No |
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