Lime Fresh Mexican Grill
Food & Beverage · Fast-Casual Restaurants
- Active units
- 58
- Avg unit volume
- $1.3M
- Royalty
- 5.0%
Franchised, year-end 2023
of weekly Net Sales
About Lime Fresh Mexican Grill
Lime Fresh Mexican Grill is a renowned brand in Florida that offers delicious and fresh Mexican cuisine. What sets us apart from the competition is our commitment to using local ingredients and creating made-to-order menu items with from-scratch salsas. With a focus on keeping things fresh, we believe that great food tastes even better when prepared with care. Having started as a taco spot on South Beach almost 20 years ago, Lime Fresh Mexican Grill has grown and thrived, offering more than just tacos (although our menu now includes mouthwatering margaritas!). We pride ourselves on never using freezers or microwaves, ensuring that every bite is bursting with flavor. Beyond our food, Lime Fresh Mexican Grill is dedicated to giving back to the communities we call home through our #LIMEChipsIn give-back program. From supporting local causes to participating in events and giveaways, we strive to make a positive impact. Join us to experience the freshest Mexican food, friendly staff, and the unmistakable taste of homemade salsa. Visit one of our convenient locations or order online today!.
Key terms
- Franchise fee
$30k
- Area Development credit
$10,000 credit toward the Initial Franchise Fee for each Restaurant under a Development Agreement
- Footprint
1,800 – 2,600 sq ft
- Area Development Fee
$10k
- 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); filings on file: 2024, 2025.
Growth
- Total locations—
Franchised units open at year-end
- New openings—
Gross new units opened during the calendar year
- 1-year unit growth rate—
Net unit growth versus prior year
- 3-year unit CAGR—
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio—
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$1.3M
Represents average annual Gross Sales for 57 traditional locations; Gross Sales excludes expenses.
- 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-2.4%
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$614k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open9 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 ratio2.1×
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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Location footprint
Showing 16 of 21 mapped locations
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.