Mr. Potato Spread

Stuffed potatoes, fries, and potato salads

Investment

$168,800

Initial Franchise Fee

$25,000

Units

2

Growth Rate

+100.0%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Food
Founded 2014
Franchising Since 2021
Parent Company
Leadership Lakita Spann, CEO
# of Employees at HQ 10
Follow
N/A

Units and Growth Chart

About Mr. Potato Spread

Founded in 2014, Mr. Potato Spread brings the skin to the game with their potato-themed eatery. French fries, baked potatoes, mashed potatoes, and tater tots are just some of the fare that you’ll get at Mr. Potato Spread. The loaded varieties of their potato dishes, including their trademarked dish, The Crab Pot, may separate the company from the other eateries.

Starches are an essential part of our diet, and Mr. Potato Spread offers gourmet versions of those required starches with additions like smoked sausage, hard-boiled eggs, bay seasoning, garlic butter, and others to jazz up the traditionally bland flavor profile of a regular baked potato. 

Mr. Potato Spread has been franchising since 2021 and is actively seeking to expand its reach across the United States.

Why You May Want To Start a Mr. Potato Spread Franchise

The road of creation was long for the husband and wife owners of Mr. Potato Spread, who started out serving loaded potatoes in their home. Next, they ran the gauntlet of a commercial kitchen, food truck, and quick service restaurant together while honing their recipes for the next step of accepting new franchisees to adopt their concept.

Mr. Potato Spread believes it offers a unique concept within the dining industry as there were only a few potato-focused eateries before Mr. Potato Spread entered the market. You can get some of these dishes and sides at other establishments, but they’re typically regulated to just side dishes at those places. At Mr. Potato Spread, franchisees are expected to offer attention to detail and use quality ingredients throughout.

What Might Make a Mr. Potato Spread Franchise a Good Choice?

The restaurant's uniqueness and ability to either purchase a stand-alone restaurant or a food truck may separate Mr. Potato Spread from other food franchising opportunities. The quality of the food and the menu could also separate Mr. Potato Spread from other eateries.

To be part of the Mr. Potato Spread 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 Mr. Potato Spread Franchise

As you decide if opening a  Mr. Potato Spread 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 Mr. Potato Spread franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

As part of your due diligence, you may want to speak to existing franchisees and ask the Mr. Potato Spread franchising team questions.

If awarded a franchise, franchisees may receive support from the Mr. Potato Spread brand throughout the franchising process. In addition to pre-opening training, Mr. Potato Spread franchisees receive support through site selection, grand opening support, and social media. Franchisees may also receive hands-on training and continued support after opening their franchise location.

Investment Details

Initial Franchise Fee $25,000
Initial Investment $168,800 - $255,800
Net Worth Requirement $25,000
Cash Requirement $25,000
Royalty Fee 5%
Ad Royalty Fee to 1%
Technology Fee
Term of Agreement 10 years
Is Franchise Term Renewable? Yes
Financing Third Party
Veterans Incentive N/A

Available Territories

Franchising opportunities available in the following regions

United States International

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training 27 hours
Classroom Training 32.5 hours

Ongoing Support

Grand Opening
Site Selection

Marketing Support

Social Media

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Yes
Can this franchise be run part time? No
# of employees required to run 0
Are exclusive territories available? Yes

Ranking History

Mr. Potato Spread performance in the Franchise rankings over recent years

No data available at this time.

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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