Veganbites Franchise Review

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Veganbites is graded based on our most recent FDD research!

Franchise Opportunity Information

Veganbites is a bakery, restaurant, and catering business that offers plant-based, allergy-friendly, gluten-free and vegan options combined with an overall experience that leaves a lasting impression on all who try the fabulous products.

What is the upfront investment costs to own a Veganbites franchise?

Veganbites has a franchise fee of up to $30,000, with a overall upfront investment range from $253,550 to $437,700.

  • Initial Franchise Fee: $30,000
  • Total Investment: $253,550 to $437,700
  • Working Capital: $25,000 to $40,000
  • Royalty Fee: 6.0%

The upfront cost of any franchise opportunity includes several fees. Unlock this investment opportunity to better understand the initial costs required to purchase a Veganbites, such as territory fees, construction and costs, grand opening marketing, and technology fees. It should be noted that, franchisors are required to disclose all upfront fees. These are not only fees that are actually paid, but also commitments to fees you are required to pay.

Can you Afford a Veganbites Franchise. Complete our Affordability Calculator to find out!

How much does a Veganbites franchise owner make?

As with any new investment opportunity, there needs to be a reasonable ROI and profit potential. The specific franchise owner's income and the profits from a Veganbites business depends on a lot of different factors. One way to validate the potential revenues or profits generated from a Veganbites franchise investment is to review the franchisor's Item 19 within their FDD. This is called a financial performance representation. This is an option for franchisors within their disclosure and approximately 68% of all franchisors that we have reviewed will disclose financial performance data within Item 19 of their FDD. Some franchisors may provide limited information such as average gross revenues. This type of financial disclosure is not always helpful to determine profits for you directly. So review overall sales data with caution. As a general rule, usually earnings and owner's salary are equitable to the overall size of the upfront investment. The larger the initial investment, the higher return you could anticipate

For additional information and franchise specific on the profits of a Veganbites franchise opportunity, unlock this franchise

How many franchise locations does Veganbites franchise system own?

As of the 2020 Franchise Disclosure Document, there are 0 franchised Veganbites locations throughout the United States.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any Veganbites franchises in my state?

Based on 2020 FDD research, Veganbites has franchised locations in 0 states. There may be no locations in several states as each franchise plans their development strategy differently.

Based on our research this franchise is growing into new markets and could be available in your city. While planning your franchise purchase, you should be considering what is a good location for my franchise. Anlayze the potential customer base to confirm that your city has a need or want for this franchise.

One of our advisors will have detailed knowledge about this franchise. Unlock to learn more and speak with our advisors.

Last Reviewed: 2020

Sector: Quick Service Restaurants

Category: Bakery

Veganbites Franchise DATA

Total Investment
$253,550 - $437,700
Franchise Fee
$30,000
Franchise agreement
Initial Term
10 Years
Renewal Term
5 Years
Franchise outlet growth
2017
0
2019
0
Ongoing fees
Royalty
6.0%
ad fees
1.0%
# of franchised outlets
0

FAQS

Does this franchise provide any initial training and opening assistance?

Yes, they have an initial training program of 311 hours. This includes 48 hours of classroom training, 263 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.


Online 0
On-the-Job 263
Classroom 48
Total 311

Does this franchise provide Territory Protections?

Veganbites offers territory protections. For an explanation of territorial rights, unlock this franchise for more details.

Do they have computer and technology support in place?

Yes, Veganbites offers comprehensive support for franchisees. Unlock this franchise to find out more.


When did Veganbites begin franchising?

They began franchising in 2018. The average Bakery franchise began franchising in 2013.


Do they offer lending options?

No, but you can click here to fill out our affordability calculator and understand your financing options.

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