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LAST UPDATED: Feb 2024 FRANCHISE WEBSITE:<a href="https://modernmarket.com/franchise?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-modern-market-eatery-franchise-costs-fees-profit-and-data-2725318" target="_blank" rel="nofollow">&nbsp;https://modernmarket.com/franchise</a> NUMBER OF LOCATIONS:&nbsp;31 REPORTED COST TO GET IN:&nbsp;$928,500 and $1,468,750 REPORTED ROI (Item 19):&nbsp;$2,232,664 (AUV)<a href="https://modernmarket.com/franchise?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-modern-market-eatery-franchise-costs-fees-profit-and-data-2725318" target="_blank" rel="nofollow">Modern Market Eatery</a> is a fast-casual restaurant franchise that distinguishes itself by blending chef-inspired menus with sustainable practices, all while delivering meals with the speed and efficiency expected of quick-service restaurants (QSRs).&nbsp;<h3>How Many Modern Market Eatery Locations Are There?&nbsp;</h3>The inception of Modern Market traces back to the unique journey of its founder,&nbsp;<a href="https://www.linkedin.com/in/robert-mccolgan-cfa-274a8592?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-modern-market-eatery-franchise-costs-fees-profit-and-data-2725318" target="_blank" rel="nofollow">Rob McColgan</a>, whose career transitioned from the high-stakes world of trading and investment management at Goldman Sachs to pioneering in the restaurant industry. Together with Anthony Pigliacampo his best friend in high school, McColgan embarked on a mission to reimagine fast food with a restaurant that could offer healthy, clean, and satisfying meals. In 2008, fueled by their shared passion and vision, McColgan and&nbsp;Pigliacampo left their careers to lay the groundwork for what would become the first Modern Market in Boulder, Colorado, in 2009.From its inception, Modern Market was designed to cater to those seeking nourishment that was both delicious and nutritious. The founders' backgrounds as athletes influenced their commitment to a menu that could serve as fuel for the body, incorporating a wide range of options from pizzas to salads.&nbsp; This philosophy quickly resonated with diners, propelling the brand through a decade of steady growth as it expanded into multiple states, including Colorado, Texas, Arizona and The University of Notre Dame in South Bend, Indiana The onset of the COVID-19 pandemic in 2020 posed new challenges, but also accelerated the brand's innovation in digital ordering and delivery services. This evolution not only kept Modern Market at the forefront of the fast-casual dining scene, but also significantly expanded its operational capabilities, aligning it with the digital efficiency of leading retailers.Today, Modern Market operates 31 restaurants across the nation under the umbrella of&nbsp;<a href="https://1851franchise.com/modern-restaurant-concepts-to-become-one-of-the-largest-fast-casual-platforms-in-the-us-with-the-addition-of-qdoba-2719316">Modern Restaurant Concepts</a>, alongside another fast-casual brand&nbsp;<a href="https://qdobafranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-modern-market-eatery-franchise-costs-fees-profit-and-data-2725318" target="_blank" rel="nofollow">Qdoba</a>. This association enhances Modern Market's leverage in the industry, offering it the purchasing power and logistical support typical of an 800-unit chain. Modern Market launched its franchising program in 2021, signing its first franchise agreement for 41 units with&nbsp;<a href="https://www.restaurantdive.com/news/modern-market-signs-41-unit-deal-with-first-franchisee-thrive/632176/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-modern-market-eatery-franchise-costs-fees-profit-and-data-2725318" target="_blank" rel="nofollow">Thrive Restaurant Group</a>. The brand also recently opened its first-ever drive-thru location in&nbsp;<a href="https://www.prnewswire.com/news-releases/modern-market-eatery-first-drive-thru-location-now-open-301998258.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-modern-market-eatery-franchise-costs-fees-profit-and-data-2725318" target="_blank" rel="nofollow">Colorado Springs</a> late last year.&nbsp;&nbsp;<h3>What is the Modern Market Business Model?</h3>At the heart of Modern Market’s model is a&nbsp;<a href="https://modernmarket.com/42698/menu/lunch-dinner?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-modern-market-eatery-franchise-costs-fees-profit-and-data-2725318" target="_blank" rel="nofollow">chef-inspired menu</a> that caters to a wide audience with its “better-for-you” options. The menu's diversity, spanning salads, sandwiches, bowls, pizzas, and even catering services, is designed to appeal to various customer segments, including families and professionals.&nbsp; This extensive range is also matched by a steadfast commitment to sustainability and quality. Modern Market differentiates itself by offering plant-based options and scratch-made, sustainable food, sourcing ingredients from some of the best suppliers globally to ensure competitive pricing without compromising on quality.Another pivotal aspect of Modern Market's operational model is its double-sided production line, which significantly enhances kitchen efficiency. This setup enables the staff to quickly prepare a high volume of orders, blending the speed of QSRs with the quality of fast-casual dining. The integration of kitchen processes allows for scratch-cooking at impressive speeds, with made-to-order dishes ready in three to five minutes. This efficiency is crucial for maintaining a low labor cost structure, as staff are trained across multiple kitchen areas.&nbsp; Furthermore, the introduction of drive-thru services at select locations marks a unique offering in the fast-casual domain, allowing Modern Market to serve its quality, diverse menu in a convenient format for customers on the go.Another strategic advantage of Modern Market's business model lies in its real estate flexibility. The brand has successfully operated in spaces as compact as 2,000 square feet, proving the model's viability in various locations. This flexibility not only allows for strategic expansion opportunities but also helps in managing occupancy costs, a significant concern for many restaurant operators. To operate the day-to-day operations of a Modern Market Eatery restaurant, Modern Market requires that franchisees or their authorized operational partners have proven restaurant expertise or are able to hire someone who does.&nbsp;<h3>How Much Can Modern Market Eatery Franchise Owners Make?</h3><ul><li>Average Unit Volume is $2,232,664 for the trailing twelve months ended Oct. 2022 for the 18 mature company-owned restaurants covered in Item 19 of the brand’s 2023 Franchise Disclosure Document (FDD).</li><li>Average Prime Cost is 57%&nbsp;for the trailing twelve months ended Oct. 2022 for the 18 mature company-owned restaurants covered in Item 19 of the brand’s 2023 FDD.</li><li>Average Occupancy Cost is 7% for the trailing twelve months ended Oct. 2022 for the 18 mature company-owned restaurants covered in Item 19 of the brand’s 2023 FDD.</li></ul><h3>How Much Does It Cost to Open a Modern Market Eatery Franchise?</h3>The estimated initial investment ranges between&nbsp;$928,500 and $1,468,750 for a single Modern Market Eatery restaurant. The amount you invest depends on several factors including build-out costs and location. More details are available in our FDD.<h3>What Is the Franchise Fee for Modern Market Eatery?</h3>The franchise fee required to open a Modern Market Eatery franchise is&nbsp;$40,000.<h3>Who’s On Modern Market Eatery’s Leadership Team?</h3><ul><li>CEO —&nbsp;<a href="https://www.linkedin.com/in/john-cywinski-539b43b3/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-modern-market-eatery-franchise-costs-fees-profit-and-data-2725318" target="_blank" rel="nofollow">John Cywinski</a></li><li>President &amp; Co-founder —&nbsp;<a href="https://www.linkedin.com/in/robert-mccolgan-cfa-274a8592?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-modern-market-eatery-franchise-costs-fees-profit-and-data-2725318" target="_blank" rel="nofollow">Rob McColgan</a></li><li>Chief Development Officer —&nbsp;<a href="https://www.linkedin.com/in/christopher-cheek-01a4901/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-modern-market-eatery-franchise-costs-fees-profit-and-data-2725318" target="_blank" rel="nofollow">Chris Cheek</a></li></ul><h3>What Helpful Articles Can I Read to Learn More About Modern Market Eatery?</h3><ul><li><a href="https://www.fastcasual.com/news/modern-market-jumps-into-franchising/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-modern-market-eatery-franchise-costs-fees-profit-and-data-2725318" target="_blank" rel="nofollow">Modern Market jumps into franchising</a></li><li><a href="https://restaurantbusinessonline.com/operations/modern-market-eatery-launches-first-drive-thru-parent-company-continues-investments?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-modern-market-eatery-franchise-costs-fees-profit-and-data-2725318" target="_blank" rel="nofollow">Modern Market Eatery launches first drive-thru</a></li><li><a href="https://www.qsrmagazine.com/news/modern-market-eatery-signs-41-unit-deal-first-franchise-partner/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-modern-market-eatery-franchise-costs-fees-profit-and-data-2725318" target="_blank" rel="nofollow">Modern Market Eatery Signs 41-Unit Deal</a></li><li><a href="https://www.restaurantdive.com/news/franchise-spotlight-modern-market-eatery-is-ready-to-become-a-national-brand/634644/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-modern-market-eatery-franchise-costs-fees-profit-and-data-2725318" target="_blank" rel="nofollow">Franchise spotlight: Modern Market Eatery</a></li><li><a href="https://www.entrepreneur.com/franchises/modernmarketeatery/336182?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-modern-market-eatery-franchise-costs-fees-profit-and-data-2725318" target="_blank" rel="nofollow">Start a Modern Market Eatery Franchise in 2024</a></li></ul> Disclaimer: This content is for informational purposes only. 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Modern Market Eatery Franchise Costs, Fees, Profit and Data

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The healthy fast-casual franchise, owned by the same parent company as Qdoba, is on a mission to make real food the standard in the fast-food industry.


Franchise Deep Dive: Modern Market Eatery Franchise Costs, Fees, Profit and Data

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How much can franchisees make? It’s a question many prospective owners ask before investing in a franchise. While earnings tend to be driven by variables such as industry, location and general management skills, a proper understanding of the key factors driving profitability can help franchise owners develop expectations that are realistic.&nbsp;Multi-unit franchisee&nbsp;<a href="https://www.linkedin.com/in/mangesh-patel-9368569/">Mangesh Patel</a>, who’s readying the launch of six&nbsp;<a href="https://www.beefobradysfranchise.com/">Beef ‘O’ Brady’s</a> restaurant locations in the Macon, Georgia area, shares insights from his franchising experience.<h2>Understanding Franchise Income</h2>Keeping operational costs in check can have a major impact on overall earnings. Taking a proactive approach to expenses such as food and labor, as well as payroll and scheduling, can help align actual franchise income with general expectations for the business.“I just had a meeting with a couple of people, and they said, ‘You talked about a 25% profit margin, but I’m only doing 12%.’ So, I looked at the figures they sent me,” Patel said. “Their&nbsp;<a href="https://1851franchise.com/calculate-restaurant-franchise-profit-2730476">restaurant</a> food cost was running at 37%, which should be around 30%. The national average is about 32%. If I do things correctly, my average food cost needs to be at or below 30%. And payroll should run around 18%. But many people run 25 to 28%.”So,&nbsp;<a href="https://1851franchise.com/unraveling-franchise-earnings-how-much-can-you-really-make-2723935">how much can franchisees make</a>? Here are five areas to consider.<h2>Practical Tips for Prospective Franchisees</h2><ol><li>Control Costs From Day One:&nbsp;It’s important to monitor payroll, food and supply costs closely. Overstaffing and inefficiencies can quickly reduce profits.</li><li>Plan For The Opening Surge:&nbsp;Traffic within the first few months of opening is likely to be higher. It’s important to adjust staffing and inventory accordingly, and pay close attention to how those levels change as time goes on.</li><li>Invest In Training:&nbsp;Properly trained workers can help reduce waste and improve overall service, which has a direct effect on net income.</li><li>Understand Your Market:&nbsp;Each market is unique and revenue potential will vary depending upon location, demographics and competition.</li><li>Track Metrics Regularly:&nbsp;Food cost percentages, labor ratios and weekly sales data act as key indicators operations may need to be adjusted.</li></ol><h2>What Profitability Really Comes Down To</h2>Patel notes that if franchise owners manage labor and costs properly, it’s not impossible to achieve strong cash flow even in the first year, bucking some franchising trends.So,&nbsp;<a href="https://1851franchise.com/how-much-can-you-make-as-a-franchise-owner-2724761">how much can franchisees make</a>? While results tend to vary, careful planning, disciplined operations and a proactive approach to assessing initial costs are essential. But by grasping and guiding the elements that drive franchise profitability, franchise owners can maximize overall business earnings, scaling a business that’s sustainable financially over the long term.Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves.

How much can franchisees make? This guide explains what drives franchise earnings and how to manage costs, with expert tips from multi-unit owner Mangesh Patel on maximizing your franchise income.

How Much Can Franchisees Make? A Guide for Prospective Franchise Owners

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Franchising has long proven an attractive prospect for independent-minded entrepreneurs seeking ownership. Delivering a proven system – one properly-marketed and tweaked over time – has long been one of the single most powerful franchising hallmarks. But diving into the deep end before learning to swim is risky.&nbsp;Choosing the right option takes preparation and work. So, what is the best franchise to buy for beginners?“There's so much to consider,” says franchise attorney&nbsp;<a href="https://www.linkedin.com/in/mario-l-herman-b9258112a/">Mario Herman</a>. “A big part of my practice is reviewing FDDs and franchise agreements for prospective franchisees. I look for 50 separate things, including inconsistencies between disclosure documents and franchise agreements. And there's a lot of work involved. So, I’d say hire competent counsel with franchise experience.”<h2>Due Diligence</h2>For over three decades as a&nbsp;<a href="https://www.franchise-law.com/mario-l-herman-esq.shtml#">franchise attorney</a>, Mario Herman has represented clients from more than 150 franchise systems, further testifying as an expert witness, and stresses the importance of the due diligence process when pondering the question of what’s the best franchise to buy into for beginners.Before diving in, there’s a number of questions to ponder. What kind of capital, or access to it, do you realistically have? Perhaps a low initial investment is crucial. How involved do you want to be in the daily operation of the franchise – hands-on or semi-absentee? Do you want to build an office or retail setting? Maybe a remote opportunity is best.&nbsp;Performing strong due diligence can go a long way toward ensuring prospective franchisees select the right opportunity.&nbsp;“Yeah, I mean, that's franchising for beginners. There have been books, podcasts and all kinds of stuff written about that,” Herman said. “From issues involving future royalties to the liquidity and capitalization of the franchise – how long they've been in business and how many franchises in the past have terminated or gone out of business. When doing due diligence, contact those who are still in the system and those who are no longer part of it. There are multiple parties, and due diligence with all of them is important. The process typically takes three to six months or more for bigger deals.”<h2>Where To Look</h2>So what is the best franchise to buy for beginners? It’s a big question. Luckily, there’s answers.<h3>Health &amp; Wellness</h3>If it’s the idea of aligned values that makes franchising an attractive opportunity, there are opportunities in the health and wellness sector that play out in a number of settings, ranging from traditional brick and mortar to remote or mobile opportunities, allowing the potential franchisee to deliver a valuable service at the local level. Recovery studios offer the idea of escape in a private, stress-free setting while fitness franchises continue to grow following the pandemic.<a href="https://1851franchise.com/top-10-gym-and-fitness-franchises-the-best-investment-opportunities-for-2025-2729614#stories">Pure Fitness</a> offers a high-value, low-price model in a 24/7 setting which helps build a diverse clientele while delivering health benefits within the community.<h3>Home &amp; Maintenance Services</h3>Touting a recession-resistant nature, home and maintenance services continue to flourish due to aging infrastructure and technological advancements that can protect valuable home investments.With a lower overhead and a more flexible, scalable business model, home and maintenance service franchises offer potential franchise owners a greater work-life balance, boasting home-based options. And unlike other industries,&nbsp;<a href="https://1851franchise.com/the-top-10-home-service-franchises-to-consider-2727601#stories">home services</a> draw consistent demand, allowing for stability while reducing startup costs.&nbsp;The unique combination of stability, lower investment risk and the ability to scale fast can offer a more accessible path to franchise ownership. Access Garage Doors maintains a specialized model, focusing on the installation and repair of garage doors with a low initial investment of about $50,000.<h3>Sustainable, Eco-Friendly</h3>Aligned values have driven many a beginner toward the idea of sustainable, eco-friendly franchise options.In the cleaning sphere, residential and commercial cleaning/janitorial services offer largely remote-based opportunities with lower overhead that provide a valuable, largely recurring revenue stream that’s safe and dependable.Solar energy franchises often require an initial investment starting under six figures, a drastic departure from the nationally-marketed brands that tend to define the idea of franchising for the beginner. Focused on the installation of solar panels for homes and businesses, this rapidly growing realm helps reduce reliance on fossil fuels, encouraging sustainability.<a href="https://1851franchise.com/ecomaids">Ecomaids</a> features professional, non-toxic and eco-friendly home and commercial cleaning services in a primarily mobile setting which lowers overall costs.<h3>Tech-Driven Food &amp; Retail</h3>The quick onset of tech like AI, robotics and automation has begun to upend the restaurant industry experience, increasing efficiency while delivering crucial data to the astute franchise owner – as well as franchisees looking to assess the best franchises to buy in 2026.Some restaurants have experimented with concepts like AI drive-thrus while other franchised chains, especially in the pizza sector, have toyed with the concept of fully automated kitchens, lowering overhead while addressing the tricky idea of staff retention.Domino’s Pizza has utilized robotics to drive consistent production of pizza while enlisting automation as a significant part of the delivery process. Elsewhere, Donato’s has experimented with fully automated kitchens.&nbsp;POS systems simplify while delivering data and in the retail setting while AI can assist with real time inventory and supply chain management, improving logistics while reining in costs.<a href="https://1851franchise.com/batteries-plus-bulbs-community-driven-approach-and-proprietary-products-continue-to-bring-in-returning-customers-2712298">Batteries Plus</a> uses tech to manage an extensive product selection while many chains use it to encourage ideas like ordering online or curbside delivery.<h2>The Takeaway</h2>So, what is the best franchise to buy for beginners? The answer to that question requires a proactive look within, honestly assessing ideas like available funds, desired work-life balance, and preferred location.&nbsp;Proper due diligence can help the prospective franchisee accurately assess opportunities in franchising realms ranging anywhere from health and wellness to eco-friendly cleaning or even the restaurant industry.But as the old adage goes, buyer beware. Teaming with qualified counsel to take a deep dive into any opportunity can go a long way toward properly assessing the best franchises to buy in 2026.“There’s an old saying in franchising: ‘If you can fog a mirror, you can buy a franchise,’” Herman said. “Many people think buying a franchise is like a cookie-cutter system where everything will be done for them – including marketing, basic P&amp;L skills and operations. But you have to maintain costs, labor and compliance with rules and regulations. You really have to be careful.”Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit&nbsp;<a href="https://www.1851growthclub.com">www.1851growthclub.com</a> and start your journey.

What is the best franchise to buy for beginners?

What is the best franchise to buy for beginners? Franchise attorney Mario Herman shares expert tips on due diligence, top sectors and avoiding common mistakes.

Franchise Deep Dive: Modern Market Eatery Franchise Costs, Fees, Profit and Data

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