Gregorys Coffee

Item 7 lays out the initial investment from $459,150 to $972,500, covering build-out for a 1,000-2,500 sq ft shop, equipment, and inventory, with the $35,000 franchise fee upfront. Ongoing fees bite at 6% royalty on gross sales, 2.5% brand fund, 1.5% local marketing, and a $50/month tech fee—totaling around 10% plus fixed costs that could squeeze margins if sales dip. Item 19 shines here: average gross revenue hits $853,755, median $822,667, suggesting most units pull decent volume from coffee, tea, pastries, and snacks targeting urban pros and enthusiasts, though no profit data means estimating EBITDA around 15-20% after fees requires optimism.

System health raises eyebrows with bankruptcy history tied to parent Craveworthy LLC, potentially signaling past financial strain despite franchising since 2026 from South Elgin, IL. Just 51 corporate spots indicate limited scale—no explosive growth yet—and FDD lacks unit growth projections, terminations, or transfers, making it a high-risk bet for early adopters. If you're eyeing $800K+ sales in a competitive coffee space, this could work with prime real estate, but the narrow footprint and history demand digging into current franchisee vibes before committing.