fresh&coFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A fresh&co franchise requires a total initial investment of $773K – $1.4M, including a $45K franchise fee and an ongoing 6.0% royalty[2]. Per the 2024 FDD, average unit revenue was $2.4M[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2024 FDD issuance
Overview
- Investment
- $773K – $1.4M
- 93rd pct Service Resta…
- Avg gross sales
- $2.4M
- 56th pct Service Resta…
- Royalty
- 6.0%
- 44th pct Service Resta…
- Units
- 16
- 43rd 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
Franchised units fell from 4 to 2 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $773K – $1.4M including a $45K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $2.4M/year (median $2.5M).
- Verdict A (Top Quintile) with a risk score of 38/100.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Fresh Franchise LLC
- Parent company
- Fresh Franchise Partners LLC
- CEO title
- Chief Executive Officer
- George Tenedios
- Incorporated in
- NY
- HQ
- 130 West 37th Street, New York, New York 10018
- Auditor
- Citrin Cooperman & Company, LLP
- Audited financials
- Franchisor revenue
- $202K
- vs $213K prior year
Overview
About
Fresh&co franchisees operate fast-casual health-focused restaurants (likely salads, bowls, smoothies, or prepared meals) with POS systems and food preparation operations. Day-to-day involves inventory management, food prep, staffing, customer service, and managing 6% royalty payments on all gross sales regardless of profitability.
- CEO
- George Tenedios
- Headquarters
- NY
- Founded
- 2018
- FDD year
- 2024
- States available
- 4
FDD Item 7 · 2024 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $45K | $45K |
| Working capital (3–6 mo) | $150K | $300K |
| Equipment, build-out, other | $578K | $1.0M |
| Total initial investment | $773K | $1.4M |
Source: fresh&co 2024 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
$362K
15.0% margin
Unlevered ROIC
28%
EBITDA / total invested capital
Payback
3.6 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $773K – $1.4M
- Below avg, review vs category
- Liquid capital req'd
- $150K – $300K
- Below avg, review vs category
- Franchise fee
- $45K – $45K
- Below avg, review vs category
- Royalty
- 6.0%
- Gross Sales · 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 | 6.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $250 |
| Transfer fee | $23K |
| Renewal fee | $23K |
| Total fee load | 7.0% of rev |
Financial Performance
- Avg gross sales
- $2.4M
- Per unit, per year
- Median gross sales
- $2.5M
- Item 19 type
- gross_sales
- Sample size
- 11 units
- vs category median 28 · small
- Range (low → high)
- $1.3M→$3.1M
- Cohort dispersion (min → max)
- Transparency
- 4 / 5
- vs category median 4 / 5 · typical
Compared against 453 Quick-Service Restaurants brands
vs Quick-Service Restaurants averages
How fresh&co Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 16
- Opened
- 1
- 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
- 12
- Corporate units in the system
- % franchised
- 25%
- vs corporate-owned
- Net growth (yr3)
- +33.3%
- Net unit change last year
- 3-yr CAGR
- +100.0%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 4
- Franchisor's next-year forecast
- Ceased ops
- 6.3%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 18 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 loan disclosures. This brand has only 6 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 6
- Loan volume
- N/A
- Amount data pending
- Median loan
- N/A
- Charge-off rate
- N/A
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 0
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Fresh&co presents elevated risk due to franchisor going concern status, missing profitability data, and rapid expansion that may outpace system support infrastructure.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Citrin Cooperman & Company, LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- 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 38 / 100 rating
- 01MINORNo net income disclosure (Item 19) prevents ROI validation despite $2.4M average revenue
- 02HIGHGoing Concern status indicates franchisor financial instability and potential system collapse risk
- 03MINORHigh unit growth rate (33.3% YoY) with only 16 units suggests aggressive expansion outpacing operational maturity
- 04MINORWide investment range ($772K-$1.39M) indicates inconsistent buildout costs or lack of standardization
- 05MINOR6% royalty on gross sales (not net) creates cash flow pressure if margins are thin
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 | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Designated Territory |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | New York |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 52 hrs
- On-the-job training
- 108 hrs
- Training location
- Corporate Headquarters, NY, NY and Designated Restaurant Training Location
- Ongoing training
- Required
- POS system
- Toast
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Toast
Item 20 · call current owners
Franchisee Contacts
22 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
fresh&co · FDD (2024) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a fresh&co franchise?
The total investment to open a fresh&co franchise ranges from $773K – $1.4M, with an initial franchise fee of $45K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do fresh&co franchise owners earn?
According to Item 19 of the fresh&co FDD, the average gross sales per unit is $2.4M. The median is $2.5M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is fresh&co's franchise failure rate?
SBA 7(a) loan charge-off data is not available for fresh&co (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 fresh&co franchise locations are there?
As of their most recent FDD filing, fresh&co has 16 total units in the United States, including 4 franchised units and 12 company-owned units. 1 new units were opened in the latest reporting year.
Is fresh&co a good franchise to buy?
FranchiseVerdict rates fresh&co as a A-grade franchise with a risk score of 38 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.