Al ManakeeshFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A Al Manakeesh franchise requires a total initial investment of $261K – $403K, including a $30K franchise fee and an ongoing 5.0% royalty[2]. Per the 2025 FDD, average unit revenue was $180K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $261K – $403K
- 49th pct Service Resta…
- Avg gross sales
- $180K
- 1st pct Service Resta…
- Royalty
- 5.0%
- 13th pct Service Resta…
- Units
- 1
- 3rd pct Service Resta…
- SBA default
- N/A
Quick verdict · Quick-Service Restaurants · color = vs category peers
Green = >15% above Quick-Service Restaurants avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
At 0.5x revenue per dollar invested, this system underperforms the typical 1.5-2.5x range.
Started franchising in 2025. Newer systems carry more uncertainty but may offer better territories.
Bottom line
- Total investment $261K – $403K including a $30K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $180K/year (median $171K).
- Verdict A (Top Quintile) with a risk score of 27/100.
- Revenue data based on only 1 reporting unit. Treat as directional, not definitive. Ask franchisees directly for current unit economics.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Al Manakeesh Franchising, LLC
- Predecessor
- is Al Manakeesh
- Prior franchisor entity
- Incorporated in
- OH
- HQ
- 10303 Oxford Avenue, Chicago Ridge, IL 60415
- Auditor
- Maloney + Novotny LLC
- Audited financials
Overview
About
Al Manakeesh franchisees operate quick-service Middle Eastern restaurants specializing in Levantine flatbread sandwiches and prepared foods. Daily operations include food preparation, inventory management, customer service, and counter/delivery operations in a small-format location. The business model appears designed for high-volume, lower-ticket transactions with focus on lunch and dinner dayparts.
- CEO
- Mohammad Atieh
- Headquarters
- IL
- Founded
- 2025
- FDD year
- 2025
- States available
- 1
FDD Item 7 · 2025 filing · 23 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $30K | $30K | |
| Rentnot refundable | $6K | $12K | |
| Security Depositsnot refundable | $6K | $12K | |
| Leasehold Improvementsnot refundable | $15K | $100K | |
| Architect | $0 | $8K | |
| Equipment and Fixturesnot refundable | $110K | $110K | |
| Decor | $15K | $15K | |
| Point of Sale Systemnot refundable | $6K | $6K | |
| TV Screens for Menus | $2K | $2K | |
| Opening Inventorynot refundable | $30K | $30K | |
| Start Up Print Packagenot refundable | $2K | $2K | |
| Local Advertising & Grand Openingnot refundable | $2K | $3K | |
| Insurancenot refundable | $3K | $8K | |
| Signsnot refundable | $5K | $9K | |
| Employee Training Labor | $3K | $5K | |
| Travel and Living Expenses During Trainingnot refundable | $2K | $3K | |
| Professional Support (Attorneys and Accountants)not refundable | $1K | $3K | |
| Permits and Fees | $480 | $600 | |
| Utility Deposits | $0 | $2K | |
| Office Supplies | $250 | $2K | |
| Total initial investment | $261K | $403K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$29K
16.0% margin
Unlevered ROIC
8%
EBITDA / total invested capital
Payback
12.7 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $261K – $403K
- Near category avg vs category
- Liquid capital req'd
- $25K – $40K
- Near category avg vs category
- Franchise fee
- $30K – $30K
- Better than avg vs category
- Royalty
- 5.0%
- percentage_of_gross · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 6.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Transfer fee | $5K |
| Renewal fee | $5K |
| Inventory (initial) | $30K – $30K |
| Total fee load | 6.0% of rev |
A 6.0% total fee load is unusually lean. More of each revenue dollar stays with the franchisee.
Financial Performance
- Avg gross sales
- $180K
- Per unit, per year
- Median gross sales
- $171K
- Item 19 type
- gross_sales
- Sample size
- 1 units
- vs category median 28 · small
- Range (low → high)
- $162K→$215K
- Cohort dispersion (min → max)
- Transparency tier
- revenue_only
- Categorical assessment of disclosure depth
- Transparency
- 4 / 5
- vs category median 4 / 5 · typical
Compared against 453 Quick-Service Restaurants brands
Revenue is only 0.5x the investment. This means each unit may take 5+ years to recoup the initial outlay at typical margins.
vs Quick-Service Restaurants averages
How Al Manakeesh Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 1
- Opened
- 0
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
3-year detail · Item 20
- Transfers (3yr)
- 0
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 5 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Available to sell in · Item 12
- Michigan
States where the franchisor is registered to sell new franchises (FDD registration filings).
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Extreme early-stage risk: only 1 operating unit, undisclosed profitability, franchisor going concern issues, and unsustainable royalty structure create a speculative investment with no peer validation.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Maloney + Novotny LLC
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
- Restricted to system-approved products: No
Score breakdown · what drove the 27 / 100 rating
- 01MINOROnly 1 unit operating — no franchise system growth or validation; impossible to assess scalability or franchisee success patterns
- 02HIGHGoing Concern status is FALSE — indicates franchisor financial distress or operational instability
- 03MEDNet income not disclosed — lack of financial transparency prevents ROI analysis; only gross revenue ($179,564) provided
- 04MINORHigh minimum royalty ($1,000/week = $52,000/year) represents 29% of average gross revenue — unsustainable for underperforming locations
- 05MINORMinimal franchisee base (1 unit) suggests either brand is brand new, failing, or franchisor cannot recruit/retain franchisees
- 06HIGHNo litigation disclosure provided — unclear if this means none exists or if information was withheld
- 07MINOR10-year term is long given unproven single-unit track record and franchisor stability concerns
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Radius |
| Protected territory | Yes |
| Online sales rights | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 10 days |
| Mandatory arbitration | Yes |
| Governing law | Ohio |
| Litigation count | 0 |
Items 10, 11
Training & Operations
- Classroom training
- 0 hrs
- On-the-job training
- 108 hrs
- Training location
- On-site and corporate
- Site selection
- joint
- POS system
- Square
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Square
Item 20 · call current owners
Franchisee Contacts
7 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Al Manakeesh · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Al Manakeesh franchise?
The total investment to open a Al Manakeesh franchise ranges from $261K – $403K, with an initial franchise fee of $30K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Al Manakeesh franchise owners earn?
According to Item 19 of the Al Manakeesh FDD, the average gross sales per unit is $180K. The median is $171K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Al Manakeesh's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Al Manakeesh (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Al Manakeesh franchise locations are there?
As of their most recent FDD filing, Al Manakeesh has 1 total units in the United States, including 0 franchised units and 1 company-owned units.
Is Al Manakeesh a good franchise to buy?
FranchiseVerdict rates Al Manakeesh as a A-grade franchise with a risk score of 27 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.