Grain And Berry
Grain & Berry offers cafe-style plant-based bowls, toast, smoothies, and more across multiple locations. Known for Acai and Pitaya bowls, this franchise operates in the quick-service restaurant sector.
Grain And Berry franchise FAQ
How much does it cost to open one — the total initial investment?
The total initial investment necessary to begin operation of a Grain & Berry® Restaurant ranges from approximately $104,535 to $376,915. This includes the Franchise Fee and initial inventory of Acai and Pitaya, which is around $52,335. Additional costs such as operating expenses, personal draw, and any Additional Training Fees are also included [p.20].
What is the initial franchise fee?
The initial franchise fee for an individual Grain & Berry® Restaurant is $49,500 [p.11]. This fee is due when the Franchise Agreement is signed and is non-refundable [p.18]. If you commit to develop multiple Restaurants under the Development Program, the initial franchise fee after the first Restaurant is 1/2 of the current initial franchise fee, less a discount for multiple Restaurants of $5,000 (e.g., $19,750 each) [p.18].
What are the ongoing royalty and advertising fees?
The ongoing royalty fee is 6% of your weekly net sales [p.110]. Additionally, you must spend at least 2% of your monthly net sales on local advertising and promotion [p.125], with a potential administrative fee of up to 15% if the company administers these expenditures [p.125].
How long is the initial franchise agreement, and can I renew it?
The initial franchise agreement's term length isn't specified in the excerpts, but it states that the lease term must be at least equal to the initial term of this Agreement, either through an initial term of that length or rights, at your option, to renew the lease for the full Term of this Agreement [p.105].
Can I sell or transfer my franchise, and what does that require?
To sell or transfer your franchise, the franchisor must approve the transfer [p.130], and the proposed transferee must meet certain criteria such as having sufficient business experience and financial resources to operate the Grain & Berry® Restaurant [p.130]. Additionally, a partial interest in the franchise can only be transferred if the proposed transferee is not a current owner or family member of a current owner, and the franchisor may exercise an option to purchase or right of first refusal under certain conditions [p.5, p.166]. The transfer must also comply with various other conditions outlined in Section 15 of the agreement, including executing necessary documents and paying applicable fees [p.130-131].
On what grounds can the franchisor terminate the agreement?
The franchisor can terminate the agreement if there is good cause, which includes the failure of the franchisee to comply with any lawful provision of the franchise agreement and not curing such failure after being given written notice and a reasonable opportunity (no more than 30 days) to do so [p.5].
What financial requirements — net worth and liquid capital — do I need to qualify?
This isn't specified in the excerpts. The provided FDD does not detail specific net worth or liquid capital requirements for prospective franchisees to qualify.
Do I get an exclusive or protected territory?
You do not receive an exclusive territory. However, you are granted a 'Protected Market Area' where the franchisor will not operate another Grain & Berry® Restaurant from a fixed location within this area as long as you comply with the Franchise Agreement [p.41-43]. This Protected Market Area is designated by the franchisor in their sole discretion and may vary in size and shape among different franchisees [p.41, 101].
What training and ongoing support does the franchisor provide?
The franchisor provides initial training to both you and trainee employees that must be completed satisfactorily [p.37]. Additionally, they offer ongoing training for new food or beverage programs, equipment, or other activities as needed, with up to 2-3 sessions per year [p.37]. There are also certification training fees for the Grain & Berry® Restaurant Academy Certification Training that must be paid by the franchisee [p.114]. The franchisor does not assist in hiring employees but will provide ongoing training to help you train your staff [p.8, p.31].
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 may provide financial performance information if there is a reasonable basis for it and it is included in the disclosure document [p.57]. However, they do not make representations about future financial performance or past financial performance of company-owned or franchised outlets except when providing actual records of an existing outlet being considered for purchase [p.59].
What am I restricted to selling, and where must I buy supplies?
You are restricted to selling only at your Grain & Berry® Restaurant and cannot sell any goods or services from or to any location other than this restaurant [p.44]. For supplies, you may have to purchase some items exclusively from the franchisor or approved suppliers [p.3] and others according to their specifications [p.21].