Apple Spice Franchise FDD, Profits & Costs (2025)
Apple Spice is a leading franchise in the box lunch delivery and catering industry, recognized for serving fresh, individually packaged meals designed for corporate clients. Established in 1988 in Salt Lake City, Utah, by founders Randy Clegg and Wayne Curtis, the brand has expanded to nearly 50 locations across the United States.
The company started franchising in 2003 and operates its headquarters at 1290 W. 2320 S, Salt Lake City, UT 84119.
The menu offers a wide selection of sandwiches, salads, wraps, and bakery favorites, all prepared with fresh-baked bread, crisp produce, and top-quality meats and cheeses. Each boxed meal comes complete with a freshly baked cookie, giving customers a convenient and satisfying dining option.
A key differentiator of Apple Spice is its emphasis on serving the B2B sector. The franchise model is designed with business clients in mind while offering franchise owners a balanced lifestyle.
Initial Investment
How much does it cost to start a Apple Spice franchise? It costs on average between $386,000 – $554,000 to start a Apple Spice franchised store.
This investment covers expenses such as leasehold improvements, kitchen equipment, initial inventory, and working capital for day-to-day operations. The total cost can vary depending on several factors, including the size of the Apple Spice location, the local market, and whether the franchisee decides to lease or buy the property.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $49,000 |
| Training & Living Expenses while training | $5,000 – $8,000 |
| Training Fee | $10,000 |
| Real Estate Lease Deposit | $1,800 – $7,000 |
| Real Estate Improvements | $75,500 – $175,000 |
| Real Estate Consultant | $0 – $2,000 |
| Equipment Package | $145,000 – $155,000 |
| Freight (equipment/POS/Opening Inventory) | $1,000 – $5,000 |
| Shelving/Office furniture | $1,000 – $4,000 |
| POS System (hardware/software/install) | $19,200 |
| Signage – Interior/exterior (install) | $1,000 – $5,000 |
| Misc. Expenses & Professional Fees | $3,000 – $10,000 |
| Opening Inventory – Sysco & Sam’s Club | $8,500 – $12,000 |
| Opening Inventory – SLC Warehouse | $6,000 – $8,000 |
| Initial Marketing – Food give-away promo – 90 days | $9,000 |
| Initial Marketing – SEO/Social Media Marketing | $4,500 |
| Initial Marketing – Grand Opening | $1,000 |
| Additional Funds – 3 months | $45,000 – $70,000 |
| Total | $385,500 – $553,700 |
Average Revenue (AUV)
How much revenue can you make with a Apple Spice franchise? A Apple Spice franchised location makes on average $610,000 in revenue (AUV) per year.
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Frequently Asked Questions
How many Apple Spice locations are there?
As of the latest available data, Apple Spice has about 50 locations nationwide.
What is the total investment required to open a Apple Spice franchise?
The total investment required to open aApple Spice franchise ranges from $386,000 to $554,000.
What are the ongoing fees for a Apple Spice franchise?
Apple Spice franchisees pay a royalty fee of 6% of gross sales, which covers continued use of the brand, systems, and support provided by the franchisor.
In addition, there is a marketing and advertising fee of 1% of gross sales, which is allocated toward regional and national promotional initiatives designed to strengthen brand awareness and drive customer traffic.
What are the financial requirements to become a Apple Spice franchisee?
Prospective Apple Spice franchisees must meet two main financial requirements: a minimum net worth of $600,000 and liquid capital of at least $200,000. These thresholds ensure that franchise candidates have the financial strength and available resources to cover startup costs and support the business during its early operations.
How much can a Apple Spice franchise owner expect to earn?
The average gross sales for a Apple Spice franchise are approximately $0.61 million per location. Assuming a 15% operating profit margin, $0.61 million yearly revenue can result in $92,000 EBITDA annually.
Who owns Apple Spice?
The Apple Spice franchise is owned by Apple Spice Franchise Corporation, a privately held company headquartered in Salt Lake City, Utah.
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