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.
Franchise Costs
7% royalty + 2% ad fund + $350/mo technology fee
Financial Performance
Item 19 Financial Performance
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
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Project LeanNation Current | $238K – $354K | $60K | 7.0% | 28 |
| EDIBLE ARRANGEMENTS | $214K – $587K | $30K | 5.0% | 680 |
| HONEYBAKED HAM AND THE HONEYBAKED HAM AND CAFE CO. | $514K – $830K | $20K | 6.0% | 212 |
| CANTEEN | $9K – $44K | $3K | 5.3% | 100 |
| The Spice & Tea Exchange | $299K – $532K | $39K | 7.0% | 93 |
| GRAZE CRAZE | $167K – $326K | $50K | 6.0% | 89 |
Specialty Food Average 14 franchises | $254K – $522K | $31K | 6.1% | – |
* 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
SBA Loan History
Historical SBA 7(a) loan data for Project LeanNation franchisees (2023 – 2025)
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.
| Name | SBA 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)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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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