Grabbagreen
Grabbagreen offers quick-service restaurants focusing on healthy food, juices, and smoothies under the Grabbagreen brand. Known for its diverse menu options, this franchise operates in the fast-casual dining sector.
Grabbagreen franchise FAQ
How much does it cost to open one — the total initial investment?
The total initial investment to open a Grabbagreen Restaurant ranges from $225,500 to $489,075 for non-traditional locations and from $283,500 to $626,575 for traditional locations. This includes the initial fees ranging from $9,000 to $25,000 for a non-traditional location and $26,000 to $52,500 for a traditional location [p.35, p.1].
What is the initial franchise fee?
The initial franchise fee varies based on the type of location and any applicable discounts. For a traditional Grabbagreen restaurant, it is $30,000 for the first one, reduced to $20,000 for each subsequent traditional location. For a nontraditional Grabbagreen restaurant, the initial franchise fee is $7,500, with a further reduction to $5,000 for each subsequent non-traditional location. Discounts are also available for Eligible Military personnel or 501(c)(3) organizations. [p.35, p.378, p.382]
What are the ongoing royalty and advertising fees?
The ongoing royalty fee is 6% of total gross sales [p.382]. There is no specific amount mentioned for the advertising fee, but it is stated that you must pay an advertising fee in addition to the royalty fee [p.382].
How long is the initial franchise agreement, and can I renew it?
This isn't specified in the excerpts. The provided FDD excerpts do not include information about the length of the initial franchise agreement or its renewal terms beyond mentioning a renewal franchise fee.
Can I sell or transfer my franchise, and what does that require?
You can sell or transfer your franchise, but the franchisor must be satisfied that the potential transferee can perform the obligations under the franchise agreement. The franchisor may unreasonably withhold consent [p.264, p.332]. Additionally, the franchisor has the right to refuse transfers for good cause, which includes, but is not limited to, specific reasons such as selling products or services at an unfair price [p.100, p.114, p.492].
On what grounds can the franchisor terminate the agreement?
The franchisor may terminate the agreement on any grounds available by law, as stated on [p.105]. This isn't specified in the excerpts for other specific grounds beyond legal grounds.
What financial requirements — net worth and liquid capital — do I need to qualify?
This isn't specified in the excerpts.
Do I get an exclusive or protected territory?
You do not receive an exclusive territory under the Franchise Agreement [p.105]. However, you are granted a Protected Territory which can be modified or removed by the franchisor if certain conditions are met [p.69]. This isn't specified in the excerpts.
What training and ongoing support does the franchisor provide?
The franchisor provides a comprehensive Training Program consisting of In-Store Training (80 hours) and New Owner Training (40 hours), totaling approximately 120 hours. This program is conducted either online or in person at locations such as Scottsdale, Arizona, or other designated sites. The training covers essential operations for the franchise and includes classroom and on-the-job components using manuals, videos, tests, job aids, and other materials. Additionally, the franchisor reserves the right to require further training if the franchisee is not operating the business according to their systems standards. This can include additional training sessions or fees as specified in Sections 4.1 and 5.10 of the FDD.
How many franchised outlets are there, and how many have closed or been terminated?
This isn't specified in the excerpts.
Does the franchisor share any financial performance or earnings information?
The franchisor does not make representations about a franchisee's future financial performance or the past financial performance of company-owned or franchised outlets, and it does not authorize its employees or representatives to do so [p.85]. However, if you are purchasing an existing outlet, the franchisor may provide actual records of that outlet’s performance [p.85]. Additionally, the franchisor can provide financial performance information if there is a reasonable basis for it and if such information is included in the disclosure document [p.85].
What am I restricted to selling, and where must I buy supplies?
You are restricted to selling only those menu items, products, and services authorized under the terms of the Agreement and as specified in the Confidential Manual [p.237]. You must purchase all required supplies and ingredients from approved vendors as specified by the franchisor [p.256, p.237].