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Modern Market Eatery

Fast-Casual Dining with a Fresh Focus: Modern Market […]

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Franchise Costs and Requirements

Franchise Details

Year Established: 2020
Category Locations: Retail
Available Ownership Type: Owner Operator,Semi-Absentee,Absentee
Corporate HQ City: Denver
Corporate HQ State: Colorado
Investment Range: $100,000+
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Franchise Fee: $40,000
Royalty Percentage: 5%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

Fast-Casual Dining with a Fresh Focus: Modern Market Eatery is a fast-casual restaurant chain specializing in fresh, healthy, and flavorful cuisine. Founded in 2009 in Denver, Colorado, the brand quickly gained popularity for its emphasis on whole ingredients, customizable bowls and salads, and vibrant, open kitchen atmosphere. Think Chipotle meets a farmers market, with menu items like roasted Brussels sprouts with lemon tahini, turmeric veggie salad, and curry salmon bowls. Image of Modern Market Eatery restaurant exteriorOpens in a new windowwww.nrn.comModern Market Eatery restaurant exteriorFranchising for Foodies: In 2021, Modern Market Eatery began offering franchising opportunities, inviting passionate entrepreneurs to join their mission of making "real food the new standard in fast food." The company seeks franchise partners who share their values of hospitality, community, and commitment to fresh, high-quality ingredients. They offer comprehensive support and training, including site selection assistance, operations manuals, and marketing guidance.Investing in Growth: Owning a Modern Market Eatery franchise requires an initial investment ranging from $735,500 to $1.4 million, depending on factors like location and build-out costs. Franchisees pay a $40,000 franchise fee and ongoing royalties of 5% of gross sales. However, with the growing demand for healthy fast-casual options and Modern Market Eatery's proven track record of success, the potential for return on investment is significant.So, if you're a foodie with a passion for fresh food and community, the Modern Market Eatery franchise might be the perfect opportunity for you. With its unique concept, experienced leadership team, and commitment to supporting its franchise partners, Modern Market Eatery is poised for continued growth and success in the years to come.

Support & Training offered by Modern Market Eatery

Modern Market Eatery Franchisee Support and Training: A Comprehensive OverviewModern Market Eatery offers a robust support and training program to their franchisees, ensuring they have the tools and guidance necessary to successfully operate their restaurants. Here's a breakdown of their key offerings:Pre-Opening:Site Selection Assistance: Modern Market's expert team helps choose the ideal location for your restaurant, considering factors like demographics, traffic patterns, and competitor analysis.Construction and Design Guidance: They provide detailed specifications and blueprints for building your restaurant, ensuring consistency with the brand's standards and design.Equipment and Inventory Procurement: They assist with sourcing and purchasing all necessary equipment, furniture, and ingredients, leveraging their bulk buying power for best deals.Comprehensive Training: Franchisees undergo a multi-week immersion program covering all aspects of the business, including:Culinary Training: Intensive in-depth training on food preparation, recipes, and maintaining quality standards.Operations Training: Learn restaurant management, customer service, inventory control, and employee training procedures.Technology Training: Familiarity with Modern Market's proprietary POS system and other digital tools.Grand Opening and Beyond:Dedicated Market Coach: Each franchisee is assigned a dedicated Market Coach who offers ongoing support, coaching, and guidance specific to their restaurant's needs.Field Operations Support: Regular visits from field operations specialists to ensure operational excellence, compliance with brand standards, and address any challenges.Marketing and Public Relations Support: Modern Market provides marketing materials, branding guidelines, and local marketing assistance to attract customers and build brand awareness.Technology and Systems Support: Ongoing technical support for the POS system, website, and other digital tools used in the restaurant.Quality Assurance and Food Safety Programs: Regular food safety audits and training to maintain the highest standards of food quality and hygiene.Franchisee Community: Access to a network of other Modern Market franchisees for peer-to-peer support, knowledge sharing, and best practice exchange.Additional Resources:Modern Market University: An online portal with training materials, manuals, and resources for ongoing reference and learning.Webinars and Online Training Sessions: Regular webinars and online training sessions on various topics relevant to operating a Modern Market Eatery.Regional Meetings and Conferences: Opportunities to network with other franchisees, share experiences, and learn from industry experts.Financial Investment:The comprehensive support and training program is included in the initial franchise fee and ongoing royalties paid by franchisees.Overall, Modern Market Eatery strives to provide its franchisees with the best possible support and training to ensure their success. Their program combines comprehensive pre-opening training, ongoing operational support, marketing assistance, and access to a network of resources to equip franchisees with the knowledge and tools they need to thrive.

Additional Information

Category Location Retail
Number of Units Open
Investment Range $753,500 - $1,443,750
Master Franchise false
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
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