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Project LeanNation

Project LeanNation

Project LeanNation franchises involve the establishment, development, and operation of facilities offering innovative healthy prepared meals focused on advanced nutrition principles. These meals are available for retail purchase and subscription services, providing convenient nutrition options. The target market includes health-conscious consumers seeking prepared, high-quality meals.

Food & BeverageRochester, NYwww.projectleannation.com
Item 19 AvailableSBA Loan Data

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

Investment
$237,500 - $354,000
Franchise Fee
$60,000
Locations
28

Financial Requirements

Franchise Fee$60,000
Initial Investment Range$237,500 - $354,000
Royalty Rate7.00%
Brand Fund2.00%
Fixed Monthly Fees$350 - $350

7% royalty + 2% ad fund + $350/mo technology fee

Franchise Stats

Franchise Locations28
Corporate Locations1
States Operating11
Franchising SinceN/A
FDD Year2024

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$687,421
Median Gross Revenue
$613,707
Top Quartile Revenue
$1,330,202
Bottom Quartile Revenue
$320,730

Data Based On: 19 franchised units open for the full 12-month fiscal period ending September 30, 2024 and operated by the same franchisee.

* Gross revenue (average and median) for 'All Units' were extracted directly from the provided table on page 2. Revenue for the 'Top Tier' (21% of units) and 'Bottom Tier' (26% of units) were used for revenue_top_quartile and revenue_bottom_quartile, respectively. No profit or EBITDA data specific to franchised units was provided; the P&L statement on pages 5-6 is explicitly for an affiliate-owned location, and thus, was not used for franchise performance metrics based on instructions.

Extracted Item 19 Section

How Project LeanNation Compares to Other Specialty Food Franchises

Key Insights

  • Top 10 largest franchise system in Specialty Food
  • One of the lowest SBA loan default rates in Specialty Food
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
Project LeanNation
Current
$238K - $354K$60K7.0%28
EDIBLE ARRANGEMENTS$214K - $587K$30K5.0%680
HONEYBAKED HAM AND THE HONEYBAKED HAM AND CAFE CO.$581K - $877K$15K6.0%208
CANTEEN$9K - $44K$3K5.3%100
The Spice & Tea Exchange$299K - $532K$39K7.0%93
GRAZE CRAZE$167K - $326K$50K6.0%89
Specialty Food Average
13 franchises
$277K - $556K$33K5.8%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 13 Specialty Food franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States by Outlet Count
1NC
7
2GA
6
3TX
4
4NY
3
5SC
3
6VA
1
7IN
1
8NJ
1
9OH
1
10AR
1

SBA Loan History

Historical SBA 7(a) loan data for Project LeanNation franchisees (2023 - 2025)

Total Loans
9
Average Loan Amount
$215,778
Total Loan Volume
$1,942,000
Default Rate
0.0%

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)

Franchisee Litigation Cases0

No litigation involving franchisees reported in the FDD.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired by Franchisor
0
Ceased Operations (Other)
1
System Transfers
2
Sold to Franchisees
0
Projected New Franchises
19

Frequently Asked Questions

How much does it cost to open a Project LeanNation franchise?

The total initial investment to open a Project LeanNation franchise ranges from $237,500 to $354,000. This includes a franchise fee of $60,000. Ongoing royalty fees are 7.0% of gross sales.

How much revenue does a Project LeanNation franchise make?

According to the 2024 FDD, the average gross revenue for a Project LeanNation franchise is $687,421. The median revenue is $613,707.

How many Project LeanNation franchise locations are there?

As of the 2024 FDD, Project LeanNation has 28 franchise locations.

Can you get an SBA loan for a Project LeanNation franchise?

Yes, SBA loans are available for Project LeanNation franchises. Historical data shows 9 SBA 7(a) loans have been approved for Project LeanNation franchisees, with an average loan amount of $215,778. The historical default rate is 0.0%.

Is Project LeanNation a good franchise to buy?

Project LeanNation shows several positive indicators: transparent financial performance data (Item 19), 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 Project LeanNation?

Talk to a franchise advisor to get personalized guidance and learn if Project LeanNation is the right fit for you.

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