EggspectationFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A Eggspectation franchise requires a total initial investment of $1.4M – $2.0M, including a $50K franchise fee and an ongoing 5.0% royalty[2]. Per the 2023 FDD, average unit revenue was $3.1M[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2023 FDD issuance
Overview
- Investment
- $1.4M – $2.0M
- 45th pct Service Resta…
- Avg gross sales
- $3.1M
- 26th pct Service Resta…
- Royalty
- 5.0%
- 7th pct Service Resta…
- Units
- 8
- 18th pct Service Resta…
- SBA default
- N/A
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = >15% above Full-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
Bottom line
- Total investment $1.4M – $2.0M including a $50K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $3.1M/year (median $2.9M).
- Verdict A (Top Quintile) with a risk score of 45/100.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Eggspectation Restaurants, LLC
- Parent company
- Eggspectation Corporation
- Incorporated in
- MD
- HQ
- 9433 Common Brook Road, Suite 209, Owings Mills, Maryland 21117
- Auditor
- Gorfine Schiller Gardyn
- Audited financials
- Franchisor revenue
- $840K
- vs $1.0M prior year
Overview
About
Franchisees operate casual breakfast and brunch-focused restaurants featuring egg-centric dishes, coffee, and light fare. Daily operations include food preparation, table service, inventory management, and staff oversight in a full-service dining environment. The 20-year territory protection suggests regional clustering strategy dependent on brand awareness and repeat customer loyalty.
- CEO
- Castrenze “Enzo” Renda
- Headquarters
- MD
- Founded
- 2004
- FDD year
- 2023
- States available
- 4
FDD Item 7 · 2023 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $50K | $50K |
| Working capital (3–6 mo) | $50K | $75K |
| Equipment, build-out, other | $1.3M | $1.8M |
| Total initial investment | $1.4M | $2.0M |
Source: Eggspectation 2023 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
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
$346K
11.0% margin
Unlevered ROIC
20%
EBITDA / total invested capital
Payback
5.0 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $1.4M – $2.0M
- Near category avg vs category
- Liquid capital req'd
- $50K – $75K
- Better than avg vs category
- Franchise fee
- $50K – $50K
- Better than avg vs category
- Royalty
- 5.0%
- percentage · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Transfer fee | $13K |
| Renewal fee | $25K |
| Total fee load | 7.0% of rev |
Financial Performance
- Avg gross sales
- $3.1M
- Per unit, per year
- Median gross sales
- $2.9M
- Item 19 type
- Average Monthly Aggregate Sales
- Sample size
- 6 units
- vs category median 13 · small
- Range (low → high)
- $1.5M→$6.6M
- Cohort dispersion (min → max)
- Transparency
- 4 / 5
- vs category median 4 / 5 · typical
Compared against 1264 Full-Service Restaurants brands
vs Full-Service Restaurants averages
How Eggspectation Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 8
- Opened
- 2
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 88%
- vs corporate-owned
- Multi-unit owners
- 4.0%
- Net growth (yr3)
- +40.0%
- Net unit change last year
- 3-yr CAGR
- +16.7%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
Last reporting year only, multi-year history not disclosed in this brand's FDD.
Item 20 · 17 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.
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
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
Micro-brand with active insider litigation, undisclosed unit economics, prior franchisee insolvency, and insufficient scale to support franchisor operations — meaningful execution and viability risks.
Audited financials (Item 21)
Yes · Gorfine Schiller Gardyn
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 45 / 100 rating
- 01MEDNo Item 19 (average unit volumes) disclosed despite $3.14M average revenue claim — inability to substantiate franchisee profitability
- 02HIGHActive litigation involving founder Mr. Renda on oppressive conduct and fiduciary duty breach raises governance and capital allocation concerns
- 03MINOROnly 8 units with 40% YoY growth is extremely small system size; high vulnerability to unit closures and franchisor viability
- 04HIGHPrior franchisee bankruptcy and forced asset reacquisition by franchisor signals collection risk and potential franchisee distress
- 05MINOR5% royalty on $3.14M average revenue generates only ~$157K per unit in system royalties — insufficient to support robust franchisor infrastructure
- 06MED20-year term with protected territory locks franchisees into long commitment with limited exit flexibility in unproven 8-unit system
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 | 20 years |
|---|---|
| Renewal term | 10 years |
| Territory type | Assigned Area |
| Protected territory | Yes |
| Online sales rights | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Maryland |
| Litigation count | 2 |
Items 10, 11
Training & Operations
- Classroom training
- 48 hrs
- On-the-job training
- 224 hrs
- POS system
- NCR terminals using Aloha software system
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: NCR terminals using Aloha software system
Item 20 · call current owners
Franchisee Contacts
31 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Eggspectation · FDD (2023) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Eggspectation franchise?
The total investment to open a Eggspectation franchise ranges from $1.4M – $2.0M, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Eggspectation franchise owners earn?
According to Item 19 of the Eggspectation FDD, the average gross sales per unit is $3.1M. The median is $2.9M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Eggspectation's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Eggspectation (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 Eggspectation franchise locations are there?
As of their most recent FDD filing, Eggspectation has 8 total units in the United States. 2 new units were opened in the latest reporting year.
Is Eggspectation a good franchise to buy?
FranchiseVerdict rates Eggspectation as a A-grade franchise with a risk score of 45 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.