Milio's

Item 7 lays out the initial investment from $108,350 to $393,000, covering buildout for a compact 1,200-2,000 sq ft space, equipment, and initial inventory—far leaner than many QSR peers. The $15,000 franchise fee gets you rights to the Milio's brand, recipes, and training, plus ongoing 6% royalties and 3.5%-5% marketing contributions, with extras like $300-$395/month POS fees and $625-$767 insurance. Item 19 shines here: average gross revenue hits $593,126 across units, median $617,793, translating to estimated owner profits of $408,367-$446,268 after expenses—impressive margins hinting at operational efficiency in a low-overhead model.

System health shows promise but caution: only 7 franchised units versus 11 corporate (total 18), with growth ticking up 17% from 6 to 7 locations last year, 2 transfers, no major red flags in terminations. SBA data logs 9 loans averaging $209,122 but a 22.2% default rate signals financing risks for newcomers. For a hands-on operator eyeing fast-casual without massive capital, Milio's offers strong early returns potential, but its youth means betting on growth amid competition—dive into full FDD for closure counts and projections.