Eggspectation Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
Eggspectation is a breakfast and brunch restaurant franchise serving creative egg dishes, pancakes, and daytime fare. Franchisees run the restaurants, managing the kitchen, table service, and staffing.
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]. The 2023 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2023 FDD issuance
Overview
- Investment
- $1.4M – $2.0M
- 36th pct Service Resta…
- Avg gross sales
- N/A
- Royalty
- 5.0%
- 7th pct Service Resta…
- Units
- 8
- 11th pct Service Resta…
- SBA charge-off
- N/A
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Full-Service Restaurants avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $1.4M – $2.0M including a $50K franchise fee, 5.0% ongoing royalty.
- RETURNSThe FDD publishes only a MONTHLY figure — average monthly sales of $262,280 for calendar 2022 (printed p.47) — and no annual number anywhere; the annual figure shown is that monthly average multiplied by twelve. The narrative says six franchised restaurants while seven rows carry 2022 values, one of which opened in May 2022 and one of which was under the franchisor's control for part of the year. The data is FY2022 in a 2023 filing.
- RISKVerdict C (Average), verdict score 41/100 (higher is better).
- FLAGBankruptcy history disclosed in the FDD. Review Item 4 for details before proceeding.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Eggspectation Restaurants, LLC
- Parent company
- Eggspectation Corporation
- Ultimate parent
- 898 3984 Canada, Inc. (a/k/a Eggs USA)
- Predecessor
- Eggspectation Restaurants, LLC (Old Eggs, formed 2004)
- Prior franchisor entity
- CEO title
- Chief Executive Officer and Director
- Castrenze "Enzo" Renda
- Incorporated in
- MD
- HQ
- 9433 Common Brook Road, Suite 209, Owings Mills, Maryland 21117
- Auditor
- Gorfine Schiller Gardyn
- Audited financials
- Franchisor revenue
- $1.2M
- vs $1.0M prior year
Overview
About
- CEO
- Castrenze "Enzo" Renda
- Headquarters
- MD
- Founded
- 2014
- FDD year
- 2023
- States available
- 4
Can you afford it, and what does the money buy?
Entry cost runs 43% above the typical full-service restaurants franchise.
Source: FDD 2023 · Items 5–7
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.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $1.4M – $2.0M
- Top 40% of category vs category
- Liquid capital req'd
- $50K – $75K
- Top 40% of category vs category
- Franchise fee
- $50K – $50K
- Top 40% of category vs category
- Royalty
- 5.0%
- percentage · typical 6–8%
- Ad fund
- 1.0%
- 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 | 1.0% of gross sales |
| Transfer fee | $13K |
| Renewal fee | $0 |
| Inventory (initial) | $30K – $35K |
| Total fee load | 7.0% of rev |
What do units actually make?
Source: FDD 2023 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Eggspectation did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Eggspectation unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
5%
Below the 30–60% attractive-franchise band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2023 FDD
Financial Performance
The FDD publishes only a MONTHLY figure — average monthly sales of $262,280 for calendar 2022 (printed p.47) — and no annual number anywhere; the annual figure shown is that monthly average multiplied by twelve. The narrative says six franchised restaurants while seven rows carry 2022 values, one of which opened in May 2022 and one of which was under the franchisor's control for part of the year. The data is FY2022 in a 2023 filing.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 7.0% (near the Full-Service Restaurants average).
Disclosure
Item 19 reports average monthly sales rather than annual gross sales, so unit revenue is not directly comparable.
Operator retention
Net unit growth of +16.7% over 3 years (2 opened, 0 closed).
Multi-unit rate
Only 4% of franchisees own multiple units. Could indicate challenging economics or a young system where operators haven't had time to expand.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Full-Service Restaurants averages
How Eggspectation Compares
Is the system healthy?
Source: FDD 2023 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 8
- Opened
- 2
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 88%
- vs corporate-owned
- Multi-unit owners
- 4.0%
- Net growth (3-yr)
- +16.7%
- Net unit change over 3 years
- 3-yr CAGR
- +16.7%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 2
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 4 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
4
states with franchisees (per FDD Item 12)
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.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
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.
Litigation (Item 3)
1 pending action in Montreal by former COO's family trust alleging oppressive conduct and breach of fiduciary duties against CEO Renda and others, seeking dissolution and $2M CAD in damages. 1 concluded action by former Richmond VA franchisee (MKS Group) challenging termination; settled December 2021 with mutual releases and $400K asset purchase.
Largest disclosed settlement: $400,000
Bankruptcy (Item 4)
Disclosed in last 7 years
CEO Castrenze Renda filed Consumer Proposal under Canadian Bankruptcy and Insolvency Act on December 19, 2012 (Case No. 500-11-044036-131, Montreal). Discharged May 14, 2015.
Audited financials (Item 21)
Yes · Gorfine Schiller Gardyn
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 41 / 100 verdict
- 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
What are you signing up for?
Ongoing fees run about 7.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2023 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 20 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 1 mi |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 10 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Baltimore, Maryland |
| Jury trial waiver | No |
| Governing law | MD |
| Litigation count | 2 |
View Item 3 litigation summary
1 pending action in Montreal by former COO's family trust alleging oppressive conduct and breach of fiduciary duties against CEO Renda and others, seeking dissolution and $2M CAD in damages. 1 concluded action by former Richmond VA franchisee (MKS Group) challenging termination; settled December 2021 with mutual releases and $400K asset purchase.
Items 10, 11
Training & Operations
- Classroom training
- 46 hrs
- On-the-job training
- 221 hrs
- Training location
- Owings Mills, Maryland
- Ongoing training
- Required
- Time to open
- 9 mo
- From signing to launch
- Site selection
- Franchisee selects, franchisor approves
- Franchisor financing
- Not offered
- Item 10
- POS system
- Toast (primary); NCR/Aloha also referenced
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Toast (primary); NCR/Aloha also referenced
Item 20 · call current owners
Franchisee Contacts
25 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?
Eggspectation does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the Eggspectation FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Eggspectation FDD and qualifies whose outlets they describe.
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, including 7 franchised units and 1 company-owned units. 2 new units were opened in the latest reporting year.
Is Eggspectation a good franchise to buy?
FranchiseVerdict rates Eggspectation as a C-grade franchise with a verdict score of 41 out of 100 (higher is better), 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
Are you the franchisor?
If you represent Eggspectation, you can request corrections or provide updated information.
Other Full-Service Restaurants franchises
Compare similar franchise opportunities in the Full-Service Restaurants category
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.