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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.

33locations
$260K–$397K
Food & BeverageRochester, NYwww.projectleannation.comDisclaimer

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Franchise Costs

Franchise Fee
$60,000
Initial Investment
$260,150 – $396,650
Royalty Rate
7.00%
Brand Fund
2.00%
Fixed Monthly Fees
$800 – $800

7% royalty + 2% ad fund + $350/mo technology fee + $450/mo financial health program fee

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$643,443
Median Gross Revenue
$517,392
EBITDA Margin
23%
Top Quartile Revenue
$1,487,230
Bottom Quartile Revenue
$338,566
Average Gross Profit
$894,015
Average EBITDA
$414,148

Data Based On: 25 franchised units that were open and operating for the full 12-month period ending September 30, 2025. Profit metrics (Gross Profit, EBITDA) are from one affiliate-owned location for the full fiscal year October 1, 2024 to September 30, 2025.

* Average Gross Revenue, Median Gross Revenue, Revenue Top Quartile, and Revenue Bottom Quartile are extracted from Table 2, which presents data for 25 franchised units. The Top Tier (16% of units) average is used for revenue_top_quartile, and the Bottom Tier (40% of units) average is used for revenue_bottom_quartile. Gross Profit and EBITDA are extracted from Table 3, which provides an operating profit and loss statement for one affiliate-owned location (Project LeanNation Rochester). EBITDA margin is calculated from the provided EBITDA amount ($414,148) and Total Revenue ($1,806,310) for the affiliate-owned location ($414,148 / $1,806,310 = 0.22927, rounded to 0.229). Net income and net profit are not explicitly provided for either franchised or affiliate-owned units in a way that differentiates them from EBITDA given the available data, hence they are set to null.

Extracted Item 19 Section

Avg. Revenue: $643,443

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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
$260K – $397K$60K7.0%33
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
$234K – $485K$27K6.8%

* 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 (2025)

Outlets by state across the United States

Top States
1NC
7
2TX
4
3NY
4
4GA
4
5SC
3
6IN
2
7AL
1
8AR
1
9IA
1
10ID
1
11MO
1
12NJ
1
13VA
1
14WV
1
15FL
0

+6 more states

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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.

9 SBA loans on record

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Franchisee Contacts

61 franchisee contacts on file from official FDD filings.

61 Contacts Available

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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
2
Non-Renewals
0
Reacquired
0
Ceased Ops
1
Transfers
2
Sold to Franchisees
0
Projected New
27

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Frequently Asked Questions

The total initial investment to open a Project LeanNation franchise ranges from $260,150 to $396,650. This includes a franchise fee of $60,000. Ongoing royalty fees are 7.0% of gross sales.