Meals of Hope

Meal packing events
FREE Franchise Guide!
Franchise 500 2023
Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$61K - $72K
Units as of 2023
8 Increase 700.0% over 3 years

Company Overview

About Meals of Hope

Industry Food
Related Categories Miscellaneous Food/Beverage Businesses, Meal Prep/Delivery
Founded 2007
Parent Company Meals of Hope Inc.
Leadership Stephen Popper, President & CEO
Corporate Address 2221 Corporation Blvd.
Naples, FL 34109-2017
Social Facebook, Twitter, LinkedIn, Instagram

Business Overview

Franchising Since 2021 (3 years)
# of employees at HQ 19
Where seeking

This company is offering new franchises throughout the US.

# of Units 8 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Meals of Hope 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 Information Circle
$40,000
Initial Investment Information Circle
$61,050 - $71,925
Net Worth Requirement Information Circle
$75,000 - $100,000
Cash Requirement Information Circle
$15,000 - $25,000
Veteran Incentives Information Circle
10% off franchise fee
Ad Royalty Fee Information Circle
5%
Term of Agreement Information Circle
5 years
Is franchise term renewable? Yes
Take Our Free Franchise Quiz!

Financing Options

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

In-House Financing Meals of Hope offers in-house financing to cover the following: equipment, inventory
Third Party Financing Meals of Hope has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, accounts receivable, 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 3 hours
Classroom Training 15.5 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
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? Information Circle
Yes
Can this franchise be run part time? Information Circle
Yes
Are exclusive territories available? Information Circle
Yes
Take our quick quiz to find your ideal franchise

Sign Up for Our Franchise Newsletter

Stay up to date on the latest news and trends affecting the franchise industry.

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to Meals of Hope.

TruBlue Home Service Ally

description
Home repairs and maintenance, and home modifications for seniors

PuroClean

description
Property damage restoration and remediation

Delish Delivered

description
Meal preparation and delivery

Lean Kitchen Company

description
Healthy prepared meals, beverages, nutritional supplements

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Franchise

Is Franchise Ownership Your Next Wealth Move? Here's How It Compares to Four Other Income Streams

Let's explore how owning a franchise business stacks up against four alternative income streams: a corporate job, real estate investments, non-franchise business ownership and passive investments.

Franchise

These Two Key Factors Can Produce Unbreakable Customer Bonds With Your Business

The power of authenticity cannot be understated. Across the business landscape, customers identify with brands they connect with and trust. In the race for earning and building consumer loyalty, being authentic is among the most important values business leaders must get right from the very start.

Franchise

From Stalwarts Like Ace Hardware to Emerging Brands Like Nothing Bundt Cakes — See the Top Retail Franchises

Featuring powerhouse brands revolutionizing the industry and empowering entrepreneurs to thrive, explore the top 15 retail franchises according to the 2024 Franchise 500 Ranking.

Franchise

She Cashed in $100K of Her Retirement Savings to Start a Business. Here's What Happened.

Keri Gardner got laid off in her early 50s, she thought, "Why not roll the dice?"

See more franchise content
Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022