Though every Foody® looks a little bit different, each location is warm and welcoming. Community-centric layouts create a friendly environment that invites you to come in and stay awhile.

• A target of 1500 to 2500 sq feet
• A preferred patio element
• A Foody® custom brand package
• The ability to localize to market

While we always want Foody® locations to look similar, we never want to be a “cookie-cutter” chain. We encourage our Licensees to customize their store’s design elements to their local market, creating stores that are representative of their community.

Foody® is currently open for LICENSING in all states (with the exceptions of Alaska and Hawaii) and is open for Licensing availability and has existing Licensees in Maryland, Virginia, and Florida.

Many restaurant Licensees have closed territories, so this is a great time to invest in the Foody® brand in the areas that you know while markets are still open and available.

The above chart contains estimates of a Licensees initial investment in single Foody® Restaurant, based upon our experience. The fees are a high-level estimate only the actual amount varies by location. The chart should be read in conjunction with the following notes.

All amounts listed in the above table are nonrefundable in whole or in part unless otherwise noted below and except that a portion of the initial Licensing fee is refundable if we determine that your required trainees cannot complete initial training to our satisfaction and we decide to terminate the Licensing Agreement.

1. We describe the initial Licensing fees in the manner in which fees are calculated under the Development Rights Rider. No separate investment is required when you sign the Development Rights Rider.

2. A Foody® Restaurant occupies approximately 1,500 to 2,700 square feet of space. Rent depends on geographic location, size, local rental rates, businesses in the area, site profile, and other factors and could be considerably higher in large metropolitan areas. Foody® Restaurants can be located in strip shopping centers, free-standing units, and other venues in downtown commercial areas and residential areas. We anticipate that you will rent the Restaurant’s premises. It is possible, however, that you might choose to buy, rather than rent, real estate on which a building suitable for the Restaurant already is constructed or could be constructed. Real estate costs depend on location, size, visibility, economic conditions, accessibility, competitive market conditions, and the type of ownership interest you are buying. Because of the numerous variables that affect the value of a particular piece of real estate, this initial investment table does not reflect the potential cost of real estate.

3. Leasehold improvement costs, including floor covering, wall treatment, counters, ceilings, painting, window coverings, electrical, carpentry, and similar work, and architect’s and contractor’s fees, depending on the site’s condition, location, and size; the demand for the site among prospective lessees; the site’s previous use; the build-out required to confirm the site for your Restaurant; and any construction or other allowances the landlord grants. The lower figure assumes that you remodel an existing restaurant, the higher figure assumes the construction of a new space.

4. These amounts are for new equipment for the Restaurant, including ovens, refrigerators, freezers, small wares, a stereo system, televisions, tables, chairs, and millwork.

5. The architect will provide architectural services relating to the Restaurant building. The civil engineer will provide engineering services in conjunction with the architect and contractor.

6. This includes a small desk and chair, safe, adding machine, printer, fax machine, and telephone system.

7. The estimate includes the costs and expenses you will incur to obtain legal counsel to assist you with obtaining your business licenses and permits from state and local authorities.

8. This includes food and beverage products, paper products, cleaning supplies, and printing and other supplies.

9. This is the maximum required amount you must spend on grand opening marketing for your Restaurant. Grand opening advertising takes place shortly before the opening of your Restaurant and for 60 days after or such other period as we may designate.

10. You must obtain and maintain certain types and amounts of insurance. Insurance costs depend on policy limits, types of policies, nature, and value of physical assets, gross revenue, number of employees, square footage, location, business contents, and other factors bearing on risk exposure. The estimate contemplates insurance costs for 3 months.

11. This item estimates your initial startup expenses (other than the items identified separately in the table). These expenses include payroll costs but not any draw or salary for the Licensees. These figures are estimates, and Foody cannot guarantee that you will not have additional expenses starting the business. Your costs depend on how much you follow our methods and procedures; your management skill, experience, and business acumen; local economic conditions; the local market for your products and services; the prevailing wage rate; competition; and the sales level reached during the initial period.

12. In providing these figures, we relied on our experience operating Foody® Restaurants. We estimate these amounts will be required to cover your initial start-up expenses such as payroll, utilities, additional inventory, and other operating costs for the first three months after opening. However, these figures are merely estimating and there is no assurance that additional working capital will not be necessary during this initial phase or after. You should review these figures carefully with a business advisor before deciding to acquire the Licensing. We do not offer to finance directly or indirectly for any part of the initial investment. The availability and terms of financing depend on many factors, including the availability of financing generally, your creditworthiness and collateral, and lending policies of financial institutions from which you request a loan.

13. Foody® reserves the exclusive right to cancel and or terminate the Licensing Agreement at any time without any prior notice if Licensees is unable to comply with all terms and conditions of Foody® in addition to complying all State and federal laws, furthermore keeping all required licensing active and valid.

You may have additional or greater expenses starting your business. In particular, the amount of cash reserves you will need will depend on factors such as your management skill, how well you follow the System, your experience and business expertise, economic conditions, the local market for your business, competition and the performance of your business.

This website and the Licensees sales information on this site does not represent an offer to sell a Licensing. The offer of a Licensing can only be made through the delivery of a Licensing disclosure document. Certain states require that we register the Licensing disclosure document in those states. We are not directing the communications on this web site to the residents of any of those states. Moreover, we will not offer or sell Licensees in those states until we have registered the Licensee (or obtained an applicable exemption from registration) and delivered the Licensing disclosure document to the prospective Licensee that complies with applicable law.