Modern Market Eatery

Modern Market Eatery

Healthful food
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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$755K - $1.4M
Units as of 2020
24

Company Overview

About Modern Market Eatery

Founded
2009
Parent Company
Modern Restaurant Concepts
Leadership
Anthony Pigliacampo, Co-CEO

Franchising Overview

Franchising Since
2020 (1 years)
# of employees at HQ
35
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
24 (as of 2020)

Franchisor Information

Corporate Address
1600 Champa St., #340
Denver, CO 80202

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
$755,000 - $1,440,500
Net Worth Requirement
$1,500,000
Cash Requirement
$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
281 hours
Classroom Training
17 hours
Ongoing Support
Newsletter
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
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?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where Modern Market Eatery landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021