Modern Market Eatery

Modern Market Eatery

Healthful food
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2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$754K - $1.4M
Units as of 2021
26 4.0% over 3 years

Here’s what you need to know if you’re interested in opening a Modern Market Eatery franchise.

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.

Find Your Perfect Franchise

Company Overview

About Modern Market Eatery

Industry
Food
Founded
2009
Parent Company
Modern Restaurant Concepts
Leadership
Rob McColgan, CEO
Corporate Address
1600 Champa St., #340
Denver, CO 80202

Business Overview

Franchising Since
2020 (3 years)
# of employees at HQ
52
Where seeking

This company is offering new franchisees throughout the US.

# of Units
26 (as of 2021)

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
$753,500 - $1,443,750
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
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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
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?
Yes
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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