Garbanzo Mediterranean Fresh
Bottom line
- Total investment $512K – $805K including a $35K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $972K/year (median $1.1M).
- Rated MODERATE with a risk score of 62/100. SBA loan default rate of 0.0% across 6 loans (below the industry average).
Item 1 · who you're contracting with
The Franchisor
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 Garbanzo Mediterranean Fresh unit return on the cash you put in?
Unlevered ROIC · per unit
20%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Garbanzo Mediterranean Fresh units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.4M
on $6.8M purchase
Total debt
$5.4M
SBA $3.4M + senior + seller note
Overview
About
Franchisees operate quick-casual Mediterranean restaurants serving fresh hummus, falafel, shawarma, and Mediterranean bowls with fast-casual service model. Day-to-day operations include food prep, staff management, inventory control, and maintaining brand standards across a 1,200-1,500 sq ft footprint. Franchisees manage P&L, local marketing, and customer experience in their protected territory.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 24 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 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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Contracting franchise system with undisclosed profitability, prior litigation, and high capital requirements presents material risk despite protected territories.
Score breakdown · what drove the 62 / 100 rating
- 01MEDUnit count declined 10% YoY (26 units), indicating system contraction and potential market saturation or operational challenges
- 02MINORNo Item 19 net income disclosure despite $972k average revenue, making ROI/profitability analysis impossible for due diligence
- 03HIGHPrior litigation and arbitration with founder David Topper over development obligations and unit closures suggests franchisor-franchisee relationship strain
- 04MINORHigh initial investment ($511.5k-$805k) with 6% royalties creates significant break-even burden in a declining unit system
- 05HIGHGoing Concern status marked as 'False' may indicate financial stability questions or recent restructuring not fully disclosed
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
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
32 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Garbanzo Mediterranean Fresh · FDD (2025) PDF