CORELIFE EATERY
CoreLife Eatery franchises operate fast-casual restaurants featuring assembly-line style, build-your-own bowls with greens, grains, proteins, bone broths, soups, wraps, tacos, smoothies, snacks, and beverages made from clean ingredients with minimal processing. The franchisor primarily offers area development franchises granting rights to open multiple CoreLife Eateries in designated areas according to a development schedule, with individual franchise agreements for each location, though single-unit franchises are available in select situations like non-traditional venues. The target market is the general public seeking healthy, customizable meals in retail strip malls, urban areas, shopping centers, and travel hubs.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
5% royalty + 2% brand fund + $130/mo hosted solutions fee (up to $435/mo total) + up to $62.50/wk ($271/mo) technology fee
Franchise Stats
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
How CORELIFE EATERY Compares to Other Fast Casual Franchises
Key Insights
- Higher investment than 83% of Fast Casual franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
CORELIFE EATERY Current | $790K - $1.0M | $35K | 5.0% | 24 |
| Tropical Smoothie Cafe | $300K - $721K | $35K | 6.0% | 1,371 |
| TROPICAL SMOOTHIE CAFÉ | $300K - $721K | $35K | 6.0% | 1,371 |
| FIREHOUSE SUBS RESTAURANTS (UNIT) | $379K - $1.4M | $20K | 6.0% | 1,248 |
| Zaxby's | $1.4M - $3.8M | $35K | 6.0% | 826 |
| Qdoba | $548K - $1.3M | $40K | 5.0% | 652 |
Fast Casual Average 107 franchises | $532K - $1.2M | $39K | 5.6% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 107 Fast Casual franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2023)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for CORELIFE EATERY franchisees (2017 - 2024)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a CORELIFE EATERY franchise?
The total initial investment to open a CORELIFE EATERY franchise ranges from $789,500 to $1,044,000. This includes a franchise fee of $35,000. Ongoing royalty fees are 5.0% of gross sales.
How many CORELIFE EATERY franchise locations are there?
As of the 2024 FDD, CORELIFE EATERY has 24 franchise locations. The company has been franchising since 2016.
Can you get an SBA loan for a CORELIFE EATERY franchise?
Yes, SBA loans are available for CORELIFE EATERY franchises. Historical data shows 15 SBA 7(a) loans have been approved for CORELIFE EATERY franchisees, with an average loan amount of $788,607. The historical default rate is 0.0%.
Is CORELIFE EATERY a good franchise to buy?
CORELIFE EATERY shows several positive indicators: low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in CORELIFE EATERY?
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