Eggs Up Grill Franchise AUV, Costs & Stats (2023)
If you’re looking to set up a breakfast-style franchised restaurant, you should seriously consider Eggs Up Grill. Why?
Even though it’s a rather small franchise (57 restaurants as of today), we think Eggs Up Grill is a very profitable investment for franchisees. Indeed, whilst you would invest on average $589,000 to open a new restaurant, the same restaurant would make on average $1,038,000 in sales per year.
That sure sounds like a great franchise. Want to hear more?
In this article we’re looking at Eggs Up Grill and its Franchise Disclosure Document to find out how much it (really) costs, and how much money you can make as a franchisee. Let’s dive in!
Key stats
| Franchise fee | $39,000 |
| Royalty fee | 5.0% |
| Marketing fee | 2.0% |
| Investment (mid-point) | $589,000 |
| Average sales | $1,038,000 |
| Sales to investment ratio | 1.8x |
| Payback period | 6 years |
| Minimum net worth | $500,000 |
| Minimum liquid capital | $150,000 |
Eggs Up Grill Franchise Business Plan
All the stats: startup costs, profits, breakeven, etc.
5-year financial projections built with the FDD
Excellent 4.8/5 based on 70 reviews
About Eggs Up Grill
Eggs Up Grill is a fast food chain that offers breakfast, brunch, lunch, and dinner. The company was founded in 1997 by Chris Skodras in Pawleys Island, South Carolina.
Today, Eggs Up Grill is a leading concept in the breakfast, brunch, and dinner industries, offering freshly made and tasty foods, warm hospitality, and warm service through dining, takeout, and catering options.
Eggs Up Grill began franchising in 2005 and currently has 57 locations in the US, 56 of which are franchised. WJ Partners’ ownership, headquartered in Spartanburg, SC, is the current owner of Eggs Up Grill after purchasing the rights from the founder in 2018.
Based on strong unit-level economics, a smart brand-building growth strategy, and its “neighbors serving neighbors” positioning, Eggs Up Grill is rapidly primed to grow into more communities as it continues with its plans to reach the 100-restaurant mark by 2023.
How much does a Eggs Up Grill franchise cost?
You would need to invest around $589,000 to open a new Eggs Up Grill franchise on average.
Startup costs
Here’s the full breakdown of costs:
| Type of Expenditure | Low | High |
|---|---|---|
| Initial Franchise Fee | $39,000 | $39,000 |
| Formation Costs | $341,888 | $674,575 |
| Initial Marketing | $5,000 | $10,000 |
| Operating Costs | $27,000 | $41,000 |
| Total | $412,888 | $764,575 |
What is the franchise fee?
The initial franchise fee for a Eggs Up Grill franchise is $39,000
In addition to the initial franchise fee, you must pay to the franchisor a royalty fee of 5.0% of revenues, as well as a variable marketing fee of 2.0% of revenues.
What’s the turnover of a Eggs Up Grill franchise?
Eggs Up Grill franchised restaurants generate $1,038,000 in revenue per year (the “Average Unit Volume”).
Eggs Up Grill Franchise Business Plan
All the stats: startup costs, profits, breakeven, etc.
5-year financial projections built with the FDD
Excellent 4.8/5 based on 70 reviews
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