FranchiseVerdict
EatGatherLove logo
FV-00826·MODERATEExcellent91

EatGatherLove

Food & Beverage - Full ServiceFranchising since 2018Website
Investment
$101K – $276K
6th pct Full Service
Avg revenue
$908K
16th pct Full Service
Royalty
Units
6
29th pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $101K – $276K including a $50K franchise fee.
  • Average unit revenue of $908K/year (median $1.0M).
  • Rated MODERATE with a risk score of 67/100. SBA loan default rate of 0.0% across 2 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
EGL USA, LP
Incorporated in
Delaware
HQ
7050 Miramar Road, Unit #104, San Diego, CA 92121
Auditor
Muhammad Zubairy, CPA PC
Audited financials
Franchisor revenue
$792K
vs $666K prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one EatGatherLove unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $908,497
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $101K–$276K
Working capital
$
FDD reports $40K–$85K

Unlevered ROIC · per unit

51%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$127K
EBITDA margin
14.0%
Total invested
$251K
Payback
24 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 EatGatherLove units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$1.3M

on $6.4M purchase

Total debt

$5.1M

SBA $3.2M + senior + seller note

Overview

About

EatGatherLove franchisees operate social dining or experiential food venues (likely farm-to-table, community meal, or event-based restaurant concept) that emphasize gathering and shared meals. Day-to-day operations involve managing dining events, sourcing ingredients, coordinating community experiences, and handling front-of-house and kitchen operations in a specialized hospitality format.

CEO
Anthony Bortz
Founded
2017
FDD year
2025
States available
3

Item 7 · what it costs

The Vitals

Total investment
$101K – $276K
All-in to open one unit
Liquid capital
$40K – $85K
Cash you must have on hand
Franchise fee
$50K
Royalty
The greater of: (i) 5% of Gross Sales, and (ii) $2,000 pe…
Ad fund
The greater of: (i) 3% of the Gross Sales, and (ii) $2,00…
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$908K
Per unit, per year
Median gross sales
$1.0M
Item 19 type
Gross Sales
Sample size
4 units
vs category median 15 · small
Range (low → high)
$390K$1.2M
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank16th
vs Food & Beverage - Full Service peers
Investment cost rank6th
Lower investment ranks lower (better)
Royalty rate rank93th
Lower royalty = lower percentile (better)
Unit count rank29th
vs Food & Beverage - Full Service peers
Risk score rank76th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
6
Opened
0
Last reporting year
Closed
1
Turnover rate
16.7%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Multi-unit owners
5.6%
Net growth (yr3)
-14.3%
Net unit change last year
3-yr CAGR
-14.3%
Compounded over last 3 years
2023
6-1
Franchised units
2024
7
Franchised units
2025
7
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 6 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 6 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
2
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

67
Risk · 0-100
MODERATE67 / 100

EatGatherLove presents HIGH RISK: a contracting franchise system (down 14.3% YoY) with non-disclosure of profitability, going concern red flags, and aggressive royalty structures that may be unsustainable for franchisees.

Score breakdown · what drove the 67 / 100 rating

  1. 01MEDUnit count declined 14.3% year-over-year (6 units total) — indicates systemic franchisee underperformance or high failure rate
  2. 02MINORNo net income disclosure despite $908k average revenue — suggests razor-thin margins or franchisor hiding profitability data
  3. 03HIGHGoing Concern status is False — potential solvency or operational viability issues at franchisor level
  4. 04MINORHigh initial investment ($100.8k–$275.5k) paired with declining unit count creates poor risk-reward profile
  5. 05MINORRoyalty floor of $2,000/month ($24,000/year) is aggressive given only 6 units and negative growth trajectory
  6. 06HIGHNo litigation disclosed but declining units + going concern status suggests potential undisclosed disputes or franchise failures

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Population and household based
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Delaware

Item 11

Training & Operations

Classroom training
86 hrs
On-the-job training
32 hrs

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

12 numbers

Locked
(619) 610-••••
San Diego Office
CA
(813) 810-••••
FL
(415) 972-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

EatGatherLove · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above