General

Industry

Food and Beverage

Category

Fast Casual Restaurant

SBA Identifier

S5416

Year of Founding

2018

Fees

Marketing Fee

2%

Royalty Fee

4%

Franchise Fee

$30,000-$30,000

Investment Range

$190K-$955K

Location units

Total U.S. Locations

4

U.S. Franchised Units

1

U.S. Corporate Units

3

Headquarters (City)

La Habra

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

2018

Issuance of FDD Data

01/29/2019

What to know about Elbows Mac  N'Cheese franchise?

An elbows MAC N' CHEESE Franchised Business offers mac n' cheese and other American comfort food in a fast"?casual and catering venue.

Elbows Mac  N'Cheese is based in La Habra, CA. Scroll down to learn more!

How much does a Elbows Mac  N'Cheese franchise cost?

Are you wondering how much is a Elbows Mac  N'Cheese franchise? Before starting a Elbows Mac  N'Cheese franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Elbows Mac  N'Cheese franchise is $190,100 and can go all the way up to $954,800. Keep in mind, you should also allocate additional funds to live off of while the Elbows Mac  N'Cheese business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Elbows Mac  N'Cheese franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Elbows Mac  N'Cheese business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Elbows Mac  N'Cheese franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Additional Details

How much does a Elbows Mac  N'Cheese franchise owner make?

Elbows Mac  N'Cheese franchise earnings and revenue can vary significantly from one franchisee to another.
The Elbows Mac  N'Cheese franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Elbows Mac  N'Cheese discloses financials at the unit level. In other words, they show how much Elbows Mac  N'Cheese franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Elbows Mac  N'Cheese franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Elbows Mac  N'Cheese. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Elbows Mac  N'Cheese owners were making.

Visit the Elbows Mac  N'Cheese metrics tab to explore the financials for this business.

What is the Elbows Mac  N'Cheese franchise fee?

Owning a Elbows Mac  N'Cheese franchise requires 4% royalty fee and 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Elbows Mac  N'Cheese Franchise Disclosure Document

Keep in mind, there is also an initial Elbows Mac  N'Cheese franchise fee of $30,000 that is included in the initial investment amount of $190,100 to $954,800. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Elbows Mac  N'Cheese franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Elbows Mac  N'Cheese franchise fee of $30,000.

Visit the Elbows Mac  N'Cheese metrics tab to explore the financials for this business, royalty and marketing fees compare to other Food and Beverage franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Elbows Mac  N'Cheese founded?

Elbows Mac  N'Cheese started offering franchises in 2018. Elbows Mac  N'Cheese was founded 4 years ago in 2018.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Elbows Mac  N'Cheese locations are in the U.S.?

As of 2019, there were 1 locations across the U.S. There are also 3 corporate locations. Most Food and Beverage franchises like Elbows Mac  N'Cheese have more franchised locations than corporate locations.

How many Elbows Mac  N'Cheese franchises opened over the past few years?

Over the prior 3 years we have data for, Elbows Mac  N'Cheese has opened 1 outlets throughout the U.S. Visit the Elbows Mac  N'Cheese metrics tab to explore how the openings compare to other Food and Beverage franchises.

How many Elbows Mac  N'Cheese franchises closed over the past few years?

Over the prior 3 years we have data for, Elbows Mac  N'Cheese has closed 0 outlets throughout the U.S

Visit the Elbows Mac  N'Cheese metrics tab to explore how the openings compare to other Food and Beverage franchises.

Is Elbows Mac  N'Cheese growing? Are they opening more locations than they are closing?

The net unit growth rate for Elbows Mac  N'Cheese over the past 3 years is 0%. Over the last year we have data for, Elbows Mac  N'Cheese had a net unit growth rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Elbows Mac  N'Cheese growth rate compares to 2,000+ other franchises and Industry franchises like Elbows Mac  N'Cheese. More info in the Elbows Mac  N'Cheese metrics tab.

Is Elbows Mac  N'Cheese franchise eligible for an SBA Loan?

Elbows Mac  N'Cheese is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Elbows Mac  N'Cheese franchise was assigned the SBA Franchise ID of S5416 on 05/10/2020. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Elbows Mac  N'Cheese that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Elbows Mac  N'Cheese a franchise in the United States?

According to the SBA, Elbows Mac  N'Cheese meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Elbows Mac  N'Cheese provides you with an FDD if you are in discussion to buy a Elbows Mac  N'Cheese.

What is the Elbows Mac  N'Cheese Franchise for Sale Rate?

The Elbows Mac  N'Cheese systemwide health and franchisee satisfaction can be measured by the Elbows Mac  N'Cheesefranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Elbows Mac  N'Cheese franchise for sale rate over the past 3 years is 0%. Over the last year we have data for, Elbows Mac  N'Cheese had a franchise for sale rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Elbows Mac  N'Cheese franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Elbows Mac  N'Cheese. More info in the Elbows Mac  N'Cheese metrics tab.

What is the Elbows Mac  N'Cheese Franchise Failure Rate?

Elbows Mac  N'Cheese franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Elbows Mac  N'Cheese failure rate over the past 3 years is 0%. Over the last year we have data for, Elbows Mac  N'Cheese had a franchise failure rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Elbows Mac  N'Cheese franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Elbows Mac  N'Cheese. More info in the Elbows Mac  N'Cheese metrics tab.

How can I find out more details on Elbows Mac  N'Cheese franchise?

Visit the Elbows Mac  N'Cheese metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Elbows Mac  N'Cheese

$572,450

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Elbows Mac  N'Cheese

4%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Elbows Mac  N'Cheese

$30,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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General

Industry

Food and Beverage

Category

Fast Casual Restaurant

SBA Identifier

S5416

Year of Founding

2018

Fees

Marketing Fee

2%

Royalty Fee

4%

Franchise Fee

$30,000-$30,000

Investment Range

$190K-$955K

Location units

Total U.S. Locations

4

U.S. Franchised Units

1

U.S. Corporate Units

3

Headquarters (City)

La Habra

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

2018

Issuance of FDD Data

01/29/2019

Detailed Franchise metrics for Elbows Mac  N'Cheese

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Elbows Mac  N'Cheese below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Elbows Mac  N'Cheese

0%

0%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Elbows Mac  N'Cheese

NA

0%

Industry median

All franchises median

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Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Elbows Mac  N'Cheese

NA

0%

Industry median

All franchises median

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Business details

Company Name

elbowsmacncheese.com

Business email

**********@******.com

Mailing address

511 South Harbor Blvd. Unit F

State headquarters

California

Owner Name

Elbows Mac  N'Cheese

Phone

+1 (000) 0********00

City

La Habra

Zip code

90631
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