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LAST UPDATED: September 2024FRANCHISE WEBSITE:&nbsp;<a href="https://modernmarket.com/franchise?utm_source=1851franchise.com&utm_medium=article&utm_campaign=modern-market-eatery-franchise-deep-dive-costs-fees-profit-and-data-2727148" target="_blank" rel="nofollow">https://modernmarket.com/franchise</a>NUMBER OF LOCATIONS: 31REPORTED COST TO GET IN: $928,500 to $1,468,750REPORTED ROI (Item 19): $2,232,664 (average gross sales for FY 2023)<a href="https://modernmarket.com/franchise?utm_source=1851franchise.com&utm_medium=article&utm_campaign=modern-market-eatery-franchise-deep-dive-costs-fees-profit-and-data-2727148" target="_blank" rel="nofollow">Modern Market Eatery</a> is a fast-casual restaurant chain that emphasizes fresh, wholesome and sustainably sourced ingredients. Known for its diverse menu that includes farm-fresh salads, hand-crafted sandwiches, pizzas and homestyle plates,&nbsp;<a href="https://1851franchise.com/modern-market-eatery/info">Modern Market</a> focuses on providing nutritious, flavorful meals that cater to a variety of dietary preferences. The restaurant's mission is to make healthy eating accessible and enjoyable, balancing taste and nutrition without compromising on quality. With a modern and welcoming atmosphere, Modern Market Eatery appeals to health-conscious diners seeking quick, affordable, and delicious food options.<h3>How Many Modern Market Locations Are There?</h3><a href="https://1851franchise.com/modern-market-eatery/inside-the-visionary-evolution-of-modern-market-eatery-2726057#stories">Modern Market Eatery was founded in 2009</a> in Boulder, Colorado, by&nbsp;<a href="https://www.linkedin.com/in/anthony-pigliacampo-2a4a572/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=modern-market-eatery-franchise-deep-dive-costs-fees-profit-and-data-2727148" target="_blank" rel="nofollow">Anthony Pigliacampo</a> and&nbsp;<a href="https://www.linkedin.com/in/robert-mccolgan-cfa-274a8592/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=modern-market-eatery-franchise-deep-dive-costs-fees-profit-and-data-2727148" target="_blank" rel="nofollow">Rob McColgan</a>, who envisioned a restaurant that offered healthy, farm-fresh meals at an affordable price. The concept quickly gained popularity due to its commitment to quality ingredients and innovative menu offerings. Modern Market began franchising in 2018, expanding its reach beyond its original locations. As of September 2024, the chain operates 31 units across Colorado, Indiana, Kansas, Missouri and Texas.<h3>What Is Modern Market’s Business Model?</h3>Modern Market Eatery operates on a fast-casual dining model that emphasizes health-conscious, sustainable and delicious meals. Its business model is built around the concept of “Farm Fresh Eateries,” where the focus is on sourcing high-quality, whole ingredients from local and sustainable farms. This commitment to freshness and transparency resonates strongly with today's health-conscious consumers, giving franchisees a brand that stands out in the crowded restaurant space. The menu is diverse, offering everything from scratch-made salads and grain bowls to sandwiches and pizzas, catering to a wide range of dietary preferences and needs.For franchisees, Modern Market Eatery offers a proven system with comprehensive support, including training, site selection assistance and marketing strategies tailored to their markets. The brand's operational model is designed to be efficient and scalable, with a focus on balancing labor and food costs to maximize profitability. Modern Market's emphasis on digital innovation also provides franchisees with advanced technology tools, including an easy-to-use mobile app and online ordering system, which drive customer engagement and streamline operations. This combination of healthy, fast-casual dining with robust support systems makes Modern Market Eatery an appealing option for franchisees looking to enter the growing market of conscious consumers.<h3>How Much Can Modern Market Franchise Owners Make?</h3>According to Item 19 of Modern Market’s 2024 Franchise Disclosure Document (FDD), the 16 company-owned restaurants open during FY 2023 reported average gross sales of&nbsp;$2,232,664.<h3>How Much Does It Cost To Open a Modern Market Franchise?</h3>The total investment necessary to begin operation of a single Modern Market Eatery restaurant ranges from $928,500 to $1,468,750, according to the brand’s 2024 FDD. These costs break down as follows:<figure class="table"><table><tbody><tr><td>Type of Expenditure</td><td>Min</td><td>Max</td></tr><tr><td>Franchise Fee</td><td>$40,000</td><td>$40,000</td></tr><tr><td>Lease Deposit</td><td>$5,000</td><td>$30,000</td></tr><tr><td>Licenses &amp; Permits</td><td>$3,000</td><td>$5,000</td></tr><tr><td>Architects &amp; Design</td><td>$18,000</td><td>$40,000</td></tr><tr><td>Construction/Leasehold Improvements</td><td>$320,000</td><td>$650,000</td></tr><tr><td>Graphics &amp; Signage</td><td>$20,000</td><td>$40,000</td></tr><tr><td>Kitchen Equipment</td><td>$120,000</td><td>$220,000</td></tr><tr><td>Furniture &amp; Fixtures</td><td>$75,000</td><td>$150,000</td></tr><tr><td>Computer &amp; Security Equipment</td><td>$25,000</td><td>$35,000</td></tr><tr><td>Uniforms</td><td>$2,000</td><td>$4,000</td></tr><tr><td>Professional Fees</td><td>$2,000</td><td>$5,000</td></tr><tr><td>Opening Inventory</td><td>$10,000</td><td>$20,000</td></tr><tr><td>Smallwares</td><td>$20,000</td><td>$25,000</td></tr><tr><td>Pre-Opening Labor</td><td>$10,000</td><td>$20,000</td></tr><tr><td>Insurance Deposits</td><td>$3,500</td><td>$5,500</td></tr><tr><td>Manager In Training</td><td>$10,000</td><td>$40,000</td></tr><tr><td>Grand Opening Marketing</td><td>$15,000</td><td>$40,000</td></tr><tr><td>Site Selection Assistance Fee</td><td>$0</td><td>$500</td></tr><tr><td>Misc. Opening Costs</td><td>$0</td><td>$8,750</td></tr><tr><td>Additional Funds (3 Months)</td><td>$30,000</td><td>$40,000</td></tr></tbody></table></figure><h3>What Is the Franchise Fee for Modern Market?</h3>The franchise fee for developing a single Modern Market Eatery location is $40,000, which is due upon signing the franchise agreement.<h3>Who Is on the Modern Market Leadership Team?</h3><ul><li><a href="https://www.linkedin.com/in/robert-mccolgan-cfa-274a8592/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=modern-market-eatery-franchise-deep-dive-costs-fees-profit-and-data-2727148" target="_blank" rel="nofollow">Robert McColgan — Chief Executive Officer</a></li><li><a href="https://www.linkedin.com/in/robin-robison-b8b7272/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=modern-market-eatery-franchise-deep-dive-costs-fees-profit-and-data-2727148" target="_blank" rel="nofollow">Robin Robison — Chief Operating Officer</a></li><li><a href="https://www.linkedin.com/in/christopher-cheek-01a4901/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=modern-market-eatery-franchise-deep-dive-costs-fees-profit-and-data-2727148" target="_blank" rel="nofollow">Chris Cheek — Chief Development Officer</a></li></ul><h3>What Helpful Articles Can I Read To Learn More About Modern Market Eatery?</h3><ul><li><a href="https://1851franchise.com/modern-market-eatery/modern-market-eatery-franchise-places-no-63-on-nrn-100-under-100-2726929#stories">Modern Market Eatery Places No. 63 on Nation’s Restaurant News 100 Under 100</a></li><li><a href="https://www.qsrweb.com/podcasts/modern-market-eatery-president-talks-brand-excellence-ethos/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=modern-market-eatery-franchise-deep-dive-costs-fees-profit-and-data-2727148" target="_blank" rel="nofollow">Modern Market Eatery President Talks Brand Excellence, Ethos</a></li><li><a href="https://www.restaurantbusinessonline.com/operations/modern-market-eatery-launches-first-drive-thru-parent-company-continues-investments?utm_source=1851franchise.com&utm_medium=article&utm_campaign=modern-market-eatery-franchise-deep-dive-costs-fees-profit-and-data-2727148" target="_blank" rel="nofollow">Modern Market Eatery Launches First Drive-Thru as Parent Company Continues Investments in Franchising Growth Path</a></li><li><a href="https://news3lv.com/news/local/new-causal-dining-brand-setting-it-sights-for-future-locations-in-las-vegas-modern-market-eatery-fresh-food-options-healthy-affordable?utm_source=1851franchise.com&utm_medium=article&utm_campaign=modern-market-eatery-franchise-deep-dive-costs-fees-profit-and-data-2727148" target="_blank" rel="nofollow">Modern Market Eatery Brings Healthy Alternatives to Las Vegas Dining Scene</a></li></ul>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.&nbsp;Check out these three 1851 brands:<h4><a href="https://www.beefobradysfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=modern-market-eatery-franchise-deep-dive-costs-fees-profit-and-data-2727148" target="_blank" rel="nofollow">Beef ‘O’ Brady’s</a></h4><ul><li><a href="https://1851franchise.com/beefobradys/info">Franchise Development Page</a></li><li>Number of Open Locations: 280+</li><li>Investment Range: $809,325 - $1,290,850</li></ul><h4><a href="https://ownaparisbaguette.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=modern-market-eatery-franchise-deep-dive-costs-fees-profit-and-data-2727148" target="_blank" rel="nofollow">Paris Baguette*</a></h4><ul><li><a href="https://1851franchise.com/parisbaguette/info">Franchise Development Page</a></li><li>Number of Open Locations: 4,000+</li><li>Investment Range: $718,065 - $1,801,600</li></ul><h4><a href="https://thebrasstapfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=modern-market-eatery-franchise-deep-dive-costs-fees-profit-and-data-2727148" target="_blank" rel="nofollow">Brass Tap</a></h4><ul><li><a href="https://1851franchise.com/brasstap/info">Franchise Development Page</a></li><li>Number of Open Locations: 54</li><li>Investment Range: $786,950 - $1,224,550</li></ul>Every great franchisee had help buying a franchise. Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit&nbsp;<a href="https://www.1851growthclub.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=modern-market-eatery-franchise-deep-dive-costs-fees-profit-and-data-2727148" target="_blank" rel="nofollow">www.1851growthclub.com</a> and start your journey.Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.&nbsp;All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

Modern Market Eatery Franchise - Deep Dive - 1851 Franchise

Modern Market Eatery Costs, Fees, Profit and Data — 1851 Deep Dive

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Modern Market Eatery is a fast-casual chain offering fresh, sustainably sourced meals with strong franchise support, catering to health-conscious consumers.

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