Eggs Up Grill FDD – Franchise Information, Costs and Fees
Type of Business
The franchise is the right to establish and operate an Eggs Up Grill family restaurant featuring breakfast and lunch food items and beverages.
Corporate Information
EUG Franchising, LLC is a limited liability company formed in the State of Delaware on February 21, 2018, and they began offering franchises in April 2018. Their principal business address is 100 Dunbar Street, Suite 301, Spartanburg, South Carolina 29306.
Investment
The total investment necessary to begin operation of an Eggs Up Grill Restaurant is estimated to be $752,500 to $988,000. This includes $45,000 to $46,000 that must be paid to the franchisor or its affiliates.
If the franchisor grants you the right to develop multiple units, the total investment necessary under the Area Development Agreement is estimated to be $50,000 to $125,000 (based on a 2 to 5 restaurant commitment, but depending on the actual number of Eggs Up Grill Restaurants you agree to develop). If you wish to commit to developing more than 5 Eggs Up Grill Restaurants, your initial investment under the Area Development Agreement will increase by $25,000 for each additional Eggs Up Grill Restaurant you agree to develop. This entire amount must be paid to the franchisor or its affiliates. The franchisor credits this amount, in $25,000 increments, toward the initial franchise fee that is due as franchise agreements are signed until the aggregate amounts of these credits equals the development fee.