CoreLife Eatery
Food & Beverage · Fast-Casual Restaurants
- Active units
- 24
- Royalty
- 5.0%
Franchised, year-end 2023
of weekly Net Sales
About CoreLife Eatery
CoreLife Eatery is a renowned brand that offers a wide range of delicious and nutritious food options. With a focus on promoting a healthy lifestyle, CoreLife Eatery aims to provide its customers with fresh, high-quality ingredients that are sourced locally whenever possible. The brand's menu features a variety of options, including hearty grain bowls, salads, soups, and protein-packed plates. Each meal is expertly crafted to offer a balanced blend of flavors and nutrients, ensuring a satisfying dining experience. Not only does CoreLife Eatery offer tasty and wholesome food, but it also provides a welcoming and vibrant atmosphere for its customers. With an emphasis on community, the brand strives to create a space where people can connect and enjoy a nourishing meal together. In addition to its dedication to healthy food, CoreLife Eatery also offers opportunities for career growth and operates a successful franchise model. Whether you are looking to dine in or take away, CoreLife Eatery has a location near you. Join us and discover the joy of eating well today!.
Key terms
- Franchise fee
$35k
- Multi-unit with certified training location
Initial Franchise Fee reduced to $30,000 for the sixth and each additional CoreLife Eatery if you have a certified training CoreLife Eatery open.
- Brand fund
2.0% of Net Sales
- Local advertising
0.5% of Net Sales
- Footprint
2,700 – 3,200 sq ft
- Development Fee - first unit component
$35k
- Development Fee - each additional unit
$18k
- Veteran discount
Not offered
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2024 filing).
Growth
- Total locations24
Franchised units open at year-end
- New openings1
Gross new units opened during the calendar year
- 1-year unit growth rate-7.7%
Net unit growth versus prior year
- 3-year unit CAGR-13.4%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.3×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$917k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open11 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate5.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.