
Grabbagreen
Salads, bowls, smoothies, juices- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$266K - $482K
- Units as of 2020
-
21 4.5% over 3 years
Here’s what you need to know if you’re interested in opening a Grabbagreen franchise.
Grabbagreen, just as the name suggests, is a restaurant that serves up healthy, great-tasting meals prepared and served at the same speed and convenience that you would find at a fast-food outlet. This novel restaurant idea uses food items that are touted to be superfoods to create menu items that are healthy, flavourful, and easy to pick up and eat.
The Grabbagreen menu consists of bowls made of green and grain-based ingredients that employees can also turn into wraps. The brand also serves up fresh-pressed juices, healthy smoothies, and kid-friendly meals. These menu items are made to order and freshly prepared using organic ingredients free of antibiotics and hormones.
This novel restaurant idea was founded in 2013 by a duo of moms, Keely Newman and Kelley Bird, who found getting healthy meals on the go increasingly challenging. When they learned that there was a demand for healthy, fast alternatives in the market, Grabbagreen grew quickly and joined the Kahala Brands family.
Since beginning to franchise in 2015, Grabbagreen has opened over one dozen locations throughout the United States.
Why You May Want To Start a Grabbagreen Franchise
Do you have a strong belief in fresh, organic, and healthy food? Are you a leader who has experience leading teams? Do you enjoy interacting with customers daily? If you answered yes to all these questions, you might be the right person to open a Grabbagreen franchise.
Grabbagreen believes in providing healthy and fast food alternatives in a world where fast food is anything but healthy. Grabbagreen strives to make its community a better place by helping families and individuals make better food choices without opting out of a flavourful meal.
If you believe in these values, enjoy eating healthy meals, and live a healthy lifestyle, you may consider opening a Grabbagreen franchise
What Might Make a Grabbagreen Franchise a Good Choice?
Healthy, fast food alternatives are becoming more and more popular as people make more informed decisions about what they are eating and feeding their families. As this niche becomes more popular, it may be a good business idea to invest in a Grabbagreen franchise. Apart from the obvious benefit of helping the community, you may make a name for yourself in a yet to be properly explored business opportunity.
To be part of the Grabbagreen franchise 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 Grabbagreen Franchise
As you decide if opening a Grabbagreen 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 Grabbagreen 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 Grabbagreen franchising team questions.
Company Overview
About Grabbagreen
- Industry
- Food
- Related Categories
- Miscellaneous Quick-Service Restaurants, Smoothies/Juices, Fruit
- Founded
- 2013
- Parent Company
- MTY Franchising USA Inc.
- Leadership
- Eric Lefebvre, CEO
Franchising Overview
- Franchising Since
- 2015 (7 years)
- # of employees at HQ
- 227
- Where seeking
-
This company is seeking new franchisees in the following US states:
This company is seeking new franchisees in the following international regions:
- # of Units
- 21 (as of 2020)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Grabbagreen 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
- $30,000
- Initial Investment
- $266,000 - $482,075
- Net Worth Requirement
- $250,000
- Cash Requirement
- $120,000
- Veteran Incentives
- 20% off franchise fee
- Royalty Fee
- 6%
- 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.
- In-House Financing
- Grabbagreen offers in-house financing to cover the following: inventory, accounts receivable, payroll
- Third Party Financing
- Grabbagreen has relationships with third-party sources which offer financing to cover the following: franchise fee, 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
- 80 hours
- Classroom Training
- 40 hours
- Ongoing Support
-
NewsletterToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsFranchisee 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?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 20
- Are exclusive territories available?
- Yes
Work with our free FranCoach and get what you need to start a Grabbagreen franchise.
Stock History for Grabbagreen
Ticker Symbol for Grabbagreen: MTY
Want to stay updated on the latest franchise news?
Never miss a beat when you sign up to receive our newsletter.
We care about the protection of your data. Read our Privacy Policy
Related Franchises
Are you eager to see what else is out there? Browse more franchises that are similar to Grabbagreen.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
'It Was Like a Drug': How Dave's Hot Chicken Grew a Cult Following in an East Hollywood Parking Lot
What started as a parking lot pop-up expanded to 67 locations in less than five years. Here's how Dave's Hot Chicken became one of the fastest-growing food chains in the country.
Are You an Ideal Franchisee? Here's How to Find Out.
How does your personality compare? Do you like following rules or making the rules?
Fuel The Next Generation With Children's Business Franchising
There's endless opportunity in kid-friendly startups.
Buying a Franchise? Make Sure the Marketing Process Is Worth It
Make sure the franchise you buy, and their marketing system, are worthy of your time and investment.
Secure a B2B Company of Your Own With a Business Services Franchise
There are many ways to own a business that helps other businesses thrive.
Is a Home-Based Business Right for You? Ask Yourself These 5 Questions First
The lifestyle that comes with a home-based franchise may seem carefree, but it's not for everyone. Here are five questions to ask yourself to see if this type of business is for you.