- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$729K - $1.5M
- Units as of 2023
-
26 8.3% over 3 years
Modern Market Eatery is a restaurant company offering a healthy alternative to standard fast-food options. The brand aims to make it simple to consume nutritious and delicious food, no matter where customers are or how little time they have. Modern Market Eatery believes it has the vision to make real food the standard in the fast-food industry.
Established in 2009, Modern Market Eatery has been franchising since 2020. With over 25 restaurant units scattered across the country, Modern Market Eatery is looking to tap into the franchisee market.
Why You May Want to Start a Modern Market Eatery Franchise
Opening a Modern Market Eatery franchise may be an excellent choice for franchisees that have the goal of helping people consume healthy foods with the service speed of traditional fast-food restaurants. Thanks to tech-enabled kitchens, fast ticket times, and solid digital ordering features, allowing customers to enjoy good, quality, fast food is possible. In addition to a broad menu of scratch-prepared foods, Modern Market Eatery also takes environmental sustainability seriously.
To operate the day-to-day operations of a Modern Market Eatery restaurant, Modern Market Eatery requires that franchisees or their authorized operational partners have proven restaurant expertise. To put it simply, if you don't have restaurant management experience yourself, you must hire someone who does.
What Might Make a Modern Market Eatery Franchise a Good Choice?
Modern Market Eatery is committed to using authentic, whole, and sustainable ingredients. These ingredients may be the ones that customers recognize. They are also expected to be organic and local if possible. Artificial flavors and colors, trans fat, hydrogenated foods, antibiotics, hormones, and otherwise strange ingredients are all expected to be avoided in a Modern Market Eatery franchise.
The farmers' market's vibrant, colorful, and savory fare has influenced Modern Market Eatery's cuisine. Every dish may be prepared from scratch. Some of the dishes are traditional, while others are new and unique, but they all are expected to be well-prepared.
To be part of the Modern Market Eatery 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 a Modern Market Eatery Franchise
As you decide if opening a Modern Market Eatery 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 a Modern Market Eatery franchise would do well in your community. When looking for a location for your Modern Market Eatery franchise, look in a hip and trendy neighborhood that values quality healthful food.
You may want to speak to existing franchisees and ask the Modern Market Eatery franchising team questions as part of your due diligence.
If awarded a franchise, franchisees may receive a great deal of support from the Modern Market Eatery brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, marketing, and local market research.
Company Overview
About Modern Market Eatery
Business Overview
| Franchising Since | 2020 (4 years) |
|---|---|
| # of employees at HQ | 18 |
| Where seeking |
This company is offering new franchises throughout the US. |
| # of Units | 26 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Modern Market Eatery 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
|
$40,000 |
|---|---|
|
Initial Investment
|
$728,500 - $1,468,750 |
|
Net Worth Requirement
|
$4,000,000 |
|
Cash Requirement
|
$1,500,000 |
|
Veteran Incentives
|
10% off franchise fee |
|
Royalty Fee
|
5% |
|
Ad Royalty Fee
|
1% |
|
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 | Modern Market Eatery has relationships with third-party sources which offer financing to cover the following: startup costs, equipment |
|---|
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 | 297 hours |
|---|---|
| Classroom Training | 63 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 |
Ad Templates
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
|
Are exclusive territories available?
|
No |
Additional Rankings
Curious to know where Modern Market Eatery ranked on other franchise lists? Find out below.
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 Modern Market Eatery.
Destination Athlete
- description
- Equipment, apparel, fundraising, and performance solutions for youth, high school, and college athletic teams
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
Thinking of Franchising Your Business? This Franchise Consultant Shares His Most Essential Advice After 20 Years in The Industry
Franchising is a significant commitment and one that a business owner should investigate thoroughly, starting with some self-examination, some business analysis, and the guidance of seasoned, professional franchising advisors.
I've Seen How Reckless Franchisors Can Ruin People's Lives. Here's How the Best Franchises Grow, Find the Right Franchisees, and Thrive Together
These are the four principles of what I call "Responsible Franchising." If you follow them, everyone wins — and can make a lot of money too.
The Top New and Emerging Franchises in 2024
If you're looking for a hot new brand to buy into, these are the ones to consider.
From Pups to Profits — These Are The Top Pet Franchises For 2024
From dog training to traditional grooming to swanky pet spas, explore the highest-ranking pet franchise opportunities and tap into the thriving pet industry.
These 5 Bad Habits Are Hurting Your Business — Here's How to Break Them
When you develop these negative habits, it can severely impact work performance and, because the behavior has become so routine, you may not even realize the harm you're causing. Here's how to tackle these 5 bad business habits head-on.
Franchising Is Not For Everyone. Explore These Lucrative Alternatives to Expand Your Business.
Not every business can be franchised, nor should it. While franchising can be the right growth vehicle for someone with an established brand and proven concept that's ripe for growth, there are other options available for business owners.