Garbanzo Mediterranean Fresh serves Mediterranean dishes including hummus, falafel, shawarma, salads, soups, and desserts. The franchise offers lunch, dinner, catering, and delivery services.
Key Insights
- Garbanzo Mediterranean Fresh began as a single restaurant concept focused on fresh, flavorful Mediterranean cuisine, evolving over time into a recognized brand within the fast-casual dining sector. It emphasizes a commitment to quality ingredients and customer experience, setting the stage for its expansion.
- The franchise operates on a streamlined, build-your-own bowl and pita model, allowing customers to customize their meals with a variety of proteins, fresh vegetables, grains, and sauces. This flexible format caters to diverse dietary preferences and promotes efficient service.
- The Mediterranean food market continues to grow, driven by increasing consumer interest in healthy eating and global flavors. This segment of the food industry offers opportunities for brands that can deliver authentic tastes with convenient access and quality ingredients.
Franchise Fee and Costs to Open
Exploring the financial picture of Garbanzo Mediterranean Fresh gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $511,500 - $805,000, along with a franchise fee of $35,000 - $35,000.
Financial Performance and Revenue
Yearly gross sales of $788,596 and estimated earnings of $94,632 - $118,290 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 6.7-8.7 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Garbanzo Mediterranean Fresh provides a comprehensive franchise training program. This initial training, lasting two weeks, is held at Garbanzo's corporate headquarters. The franchisor offers extensive resources encompassing operational procedures, marketing strategies, and customer service best practices. Garbanzo Mediterranean Fresh also provides guidance on supply chain management.
Legal Considerations
Legal considerations for a Garbanzo Mediterranean Fresh franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Operating a Garbanzo Mediterranean Fresh franchise involves navigating local market dynamics, where diverse competitors may offer similar cuisines. Ensuring consistent quality across a menu with varied ingredients presents operational considerations. Dependence on established suppliers for specific ingredients requires proactive supply chain management to maintain freshness and availability for customers.
Franchise Datasheet
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