Meet Fresh
Food & Beverage · Quick-Service Restaurants
- Active units
- 26
- Royalty
- 10.0%
Franchised, year-end 2023
of weekly Net Sales
About Meet Fresh
Meet Fresh Ontario is an authentic Taiwanese dessert brand that has been delighting customers since 2007. With a commitment to using traditional Taiwanese methods and the finest ingredients, Meet Fresh brings the local tastes of Taiwan to the global stage. Their brand purpose centers around serving healthy desserts made fresh daily, without the use of preservatives. Meet Fresh strives to provide customers with delicious treats that are filled with traditional and authentic flavors. At Meet Fresh Ontario, they insist on using only the highest-quality and natural ingredients for their desserts. They also prioritize food hygiene and safety, ensuring that their customers receive the utmost quality and freshness. Whether it's their popular taro balls, herbal jelly, or refreshing shaved ice, Meet Fresh Ontario guarantees a satisfying and indulgent dessert experience. Explore their menu to discover a wide range of irresistible options, all crafted with a passion for authenticity and taste. Whether you visit one of their convenient locations or order online for pick-up, Meet Fresh Ontario is dedicated to delivering the freshest and most delicious desserts to satisfy your cravings.
Key terms
- Franchise fee
$20k
- Footprint
2,400 – 3,400 sq ft
- Veteran discount
Not offered
Brand Percentile Rankings
Growth
- Total locations26
Franchised units open at year-end
- New openings3
Gross new units opened during the calendar year
- 1-year unit growth rate-10.3%
Net unit growth versus prior year
- 3-year unit CAGR-1.9%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio3.0×
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$868k
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 rate10.0%
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.