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.

28
Locations
$238K–$354K
Investment
Food & BeverageRochester, NYwww.projectleannation.comDisclaimer

Franchise Costs


Franchise Fee
$60,000
Item 5 of FDD
Initial Investment Range
$237,500 $354,000
Low: $237,500High: $354,000
Item 7 of FDD
Royalty Rate
7.00%
of gross sales
Brand Fund
2.00%
Item 6 of FDD
Fixed Monthly Fees
$350 – $350
Item 6 of FDD

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

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0

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


Key Insights

  • Top 10 largest franchise system in Specialty Food
  • One of the lowest SBA loan default rates in Specialty Food
FranchiseInvestmentFeeRoyaltyLocations
Project LeanNation
Current
$238K – $354K$60K7.0%28
EDIBLE ARRANGEMENTS$214K – $587K$30K5.0%680
HONEYBAKED HAM AND THE HONEYBAKED HAM AND CAFE CO.$514K – $830K$20K6.0%212
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
14 franchises
$254K – $522K$31K6.1%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 14 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
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 (20232025)

Total Loans
9
Average Loan
$215,778
Total Volume
$1.9M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


41 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

41 Contacts Available

Unlock all Project LeanNation franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
1
Transfers
2
Sold to Franchisees
0
Projected New
19

Frequently Asked Questions


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.

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