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Huckleberry's

Huckleberry's

Franchising since 2008 · 9 locations

The total investment to open a Huckleberry's franchise ranges from $464,000 - $1.6M. The initial franchise fee is $35,000. Ongoing royalties are 6%. Huckleberry's currently operates 9 locations (9 franchised). PeerSense FPI health score: 60/100.

Investment

$464,000 - $1.6M

Franchise Fee

$35,000

Total Units

9

9 franchised

FPI Score
High
60

Proprietary PeerSense metric

Moderate
Capital Partners
7lenders available

Active capital sources verified for Huckleberry's financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Growing (10-24 loans)

High Confidence
60out of 100
Moderate

SBA Lending Performance

SBA Default Rate

0.0%

0 of 10 loans charged off

SBA Loans

10

Total Volume

$6.9M

Active Lenders

7

States

3

Top SBA Lenders for Huckleberry's

What is the Huckleberry's franchise?

The question every serious franchise investor asks before committing six or seven figures is deceptively simple: does this brand actually work at the unit level, and will it still be growing five years from now? For prospective franchisees evaluating the full-service breakfast and lunch segment, Huckleberry's Breakfast & Lunch presents a distinctive case study in brand differentiation, accelerating growth, and a lifestyle-friendly operating model backed by an experienced multi-brand franchisor. Originally founded in 2008 in California as a family-run concept, Huckleberry's built its identity around a singular positioning statement — "Southern Cookin' With A California Twist!" — that carves out a recognizable niche in a crowded casual dining landscape. In October 2016, Heritage Restaurant Brands, a multi-concept franchise company founded that same year and headquartered in San Luis Obispo, California, acquired Huckleberry's and transformed it into a scalable franchise system. Today, Heritage Restaurant Brands CEO and Founder Greg Graber leads the organization alongside key executives Chip Anderson and David Glennon, and the parent portfolio includes Perko's Café Grill, Cool Hand Luke's Steakhouse & Saloon, and the recently added Press Quesadilla Grill. As of August 2025, Huckleberry's operates 36 locations across California, Nevada, and Texas, with nine additional units listed as coming soon, representing a brand that has crossed from regional concept into a legitimate multi-state franchise system. The full-service breakfast and lunch category represents a substantial slice of the broader $899 billion U.S. restaurant industry, with morning daypart spending demonstrating remarkable resilience through economic cycles — consumers consistently prioritize breakfast occasions, making this segment structurally defensive for franchise investors seeking predictable traffic patterns. This analysis is produced independently by PeerSense and is not sponsored or endorsed by Huckleberry's or Heritage Restaurant Brands.

The full-service restaurant industry sits within a total addressable market that, by most industry estimates, exceeds $300 billion annually in the United States alone, and the breakfast and brunch daypart has emerged as one of the fastest-growing sub-segments within that figure. Consumer behavior data consistently shows that morning occasions drive higher frequency visits than any other daypart — Americans eat breakfast more regularly than they eat dinner out, which creates a structurally superior traffic model for breakfast-focused concepts compared to dinner-only full-service competitors. The post-pandemic era has reinforced this trend, as remote and hybrid work schedules liberated millions of consumers from the desk-and-commute routine that previously suppressed weekday breakfast restaurant visits — a secular tailwind that is demographic and behavioral, not cyclical. The full-service breakfast category also benefits from relatively lower check competition from quick-service players like fast food chains, because the seated, experiential component of a diner-style breakfast attracts a consumer who is explicitly not in a rush, creating dwell time and incremental check-building opportunities through coffee, beverages, and add-ons. Competitive dynamics in this space remain somewhat fragmented at the regional level, with national chains holding share in major markets but significant white space remaining in secondary and tertiary markets across the Sun Belt, Mountain West, and Pacific Coast — precisely the geographies where Huckleberry's franchise has been most actively planting its flag. The brand's 55% growth rate reported in 2022, combined with 21 consecutive quarters of same-store sales growth, suggests it is capturing organic demand in markets where a differentiated, quality-focused breakfast and lunch concept has found a loyal and recurring customer base.

The Huckleberry's franchise investment begins with an initial franchise fee of $35,000, which is broadly in line with the full-service restaurant franchise category, where initial fees typically range from $25,000 to $50,000 depending on brand maturity and market demand. The total estimated initial investment to open a Huckleberry's ranges from $464,000 to $1,628,250 — a spread that reflects the meaningful variability in real estate conditions, site condition at lease signing, and regional construction costs across California, Nevada, Texas, and future expansion markets. The primary drivers of that investment spread are leasehold improvements and construction or remodeling costs, which range from $175,000 to $850,000, and furniture, fixtures, and equipment, which range from $100,000 to $400,000 — together these two line items represent the largest components of the build-out and account for most of the variance between a low-cost conversion site and a ground-up full-service restaurant construction. Additional investment components include training expenses of $15,000 to $55,000, lease and utility deposits of $15,000 to $40,000, signage at $10,000 to $40,000, professional fees for architecture, legal, and accounting at $40,000 to $80,000, business licenses and permits at $15,000 to $17,000, POS and computer systems at $7,000 to $16,250, initial inventory at $20,000 to $30,000, grand opening advertising at $2,000 to $5,000, insurance at $5,000 to $10,000, and three months of operating expenses as an additional funds cushion of $25,000 to $50,000. The ongoing royalty rate is 6.0% of gross sales, and an administration fee of 1% applies, representing a total ongoing fee burden competitive with comparable full-service breakfast franchise systems. Prospective franchisees should be prepared to demonstrate preferred liquid capital of $350,000 and a preferred net worth of $750,000, positioning this as a mid-tier franchise investment — accessible to well-capitalized individual operators and small investment groups, but not a low-barrier entry point. The Huckleberry's franchise cost structure, when evaluated against the brand's reported $1.9 million average unit volume, suggests a total investment-to-revenue ratio that warrants serious due diligence from investors familiar with full-service restaurant economics.

The Huckleberry's operating model is built around the breakfast and lunch daypart exclusively, which creates a lifestyle advantage that is genuinely rare in the full-service restaurant franchise category. By closing in the afternoon, franchisees avoid the labor complexity, food cost exposure, and management intensity of dinner service — a structural difference from full-service dinner concepts that typically require experienced evening management teams, expanded kitchen staffing, and alcohol service compliance. The initial training program is substantial and thorough, consisting of 246 hours, all delivered as on-the-job training that covers operations, staffing, marketing, and brand standards in a real working environment rather than a classroom-only setting. Heritage Restaurant Brands' multi-brand franchise infrastructure provides franchisees access to refined systems that have been stress-tested across Perko's Café Grill, Cool Hand Luke's Steakhouse & Saloon, and Press Quesadilla Grill, meaning the operational playbook has real-world validation beyond the Huckleberry's system alone. Ongoing support from Heritage Restaurant Brands includes field consultation, marketing program support, supply chain guidance, and the institutional knowledge of a leadership team with deep multi-unit restaurant experience. Territory exclusivity is a standard feature of well-structured franchise systems, and prospective investors should review the current Franchise Disclosure Document carefully to understand the protected territory parameters specific to their target market. The franchise skews toward owner-operator involvement, particularly for single-unit operators, given the hands-on nature of breakfast and lunch service — peak volume periods typically concentrate in a four-to-five hour morning window that rewards present ownership. Multi-unit development deals are available and have been executed, as evidenced by the multi-unit agreement signed for the greater Portland, Oregon market, which also marks Huckleberry's first expansion into the state of Oregon.

Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for Huckleberry's. However, Heritage Restaurant Brands and publicly available franchise industry sources have provided financial performance data that offers meaningful insight into unit-level economics for prospective investors. The reported Annual Average Unit Volume is $1.9 million, with a separate October 2024 source citing AUV exceeding $2 million — a figure that, if accurate, would place Huckleberry's in the upper tier of full-service breakfast and lunch franchises nationally. Average annual net sales are reported at over $1.6 million, and specific financial performance data cited in franchise disclosure materials indicates yearly gross sales of $1,741,878 as a representative figure. Estimated earnings, or net operating profit, are reported in a range of $121,932 to $174,188 annually, which, if taken at face value, implies operating margins of approximately 7% to 10% — consistent with the full-service restaurant industry average range of 6% to 12% for well-managed independent and franchise concepts. The franchise payback period is estimated at 6.6 to 8.6 years, which is a realistic range for a full-service restaurant investment in the current cost environment and aligns with industry norms for mid-investment franchise concepts. For broader context, Huckleberry's reported systemwide sales of $49 million in 2022 across 31 U.S. units, reflecting a 60% year-over-year sales change that suggests meaningful same-store growth in addition to new unit contributions. The brand has also reported an over 42% same-store sales increase over the past four years, representing one of the more compelling same-store growth figures in the breakfast franchise segment and indicating that existing locations are building customer loyalty and traffic rather than relying solely on new unit openings to drive revenue. Prospective franchisees should request the full current FDD and consult with a qualified franchise attorney and accountant to validate all financial performance representations before making any investment decision.

The Huckleberry's franchise system has demonstrated one of the more aggressive growth trajectories in the emerging breakfast and lunch franchise segment. The brand had 31 U.S. units in 2022, representing a 47.6% year-over-year unit change that year alone. As of the 2025 Franchise Disclosure Document, the system had grown to 35 franchised locations, and by August 2025 the total had reached 36 units across California, Nevada, and Texas. The brand's stated goal of reaching 50 total locations nationwide by 2026 implies net new unit growth of roughly 14 additional locations in approximately 18 months — an ambitious but not implausible target given the nine locations already listed as coming soon. Near-term expansion activity includes California sites in Vacaville, Ventura with three units, Santa Maria, and Redding; three new Las Vegas, Nevada locations; a second Arlington, Texas location that opened August 14, 2025, following a successful first Texas unit in Keller; and a third Texas location already under construction in Sachse. The multi-unit Portland, Oregon deal represents a significant strategic milestone, both as the brand's first Pacific Northwest presence and as a validation of Heritage Restaurant Brands' ability to close multi-unit development agreements in new major metros. In July 2024, Nation's Restaurant News formally recognized Huckleberry's by ranking it number 43 on its "100 Under 100" list, an annual ranking of emerging restaurant chains with fewer than 100 locations that demonstrate exceptional growth momentum — an editorial signal that the brand is gaining visibility among industry observers and prospective franchisees alike. Heritage Restaurant Brands' multi-concept portfolio structure creates a competitive advantage in the form of shared infrastructure, negotiated supply chain terms across multiple brands, and an experienced leadership team with proven franchise development capability. The brand's geographic concentration in high-population, high-income Sun Belt and Pacific Coast markets creates a demand foundation that supports the premium breakfast and lunch price point, and the Texas expansion into the Dallas-Fort Worth metro's suburban corridor — Keller, Arlington, and Sachse — reflects a deliberate targeting of high-household-income suburban communities where the Huckleberry's concept has historically performed well.

The ideal Huckleberry's franchisee is a hospitality-oriented operator who is prepared to be actively involved in day-to-day management, particularly during the morning peak service window that defines the breakfast and lunch daypart. Prior restaurant or food service management experience is beneficial but not always mandatory given the comprehensive 246-hour training program, though candidates with front-of-house management backgrounds will find the operational learning curve more manageable. Multi-unit development candidates are actively being recruited, as evidenced by the Portland, Oregon multi-unit deal and the multi-location Ventura market build-out, and prospective franchisees with the capital and operational capacity to develop two or more locations may find preferential territory access in target growth markets. The preferred liquidity requirement of $350,000 and net worth of $750,000 defines the financial profile Heritage Restaurant Brands is targeting — a well-capitalized operator who can absorb the investment range of $464,000 to $1,628,250 without over-leveraging. Available territories as of mid-2025 include substantial geographic white space across the Pacific Northwest following the Oregon deal announcement, as well as ongoing availability in major California metros, Nevada markets beyond Las Vegas, and the expanding Texas corridor. The franchise agreement term structure should be reviewed carefully in the current FDD to understand renewal rights, transfer provisions, and exit mechanics — all critical elements of the total investment thesis that extend well beyond the initial opening investment. Franchisees in the Huckleberry's system benefit from the brand's lifestyle-friendly hours model, which provides a work schedule more compatible with family and personal commitments than dinner-service restaurant concepts, a genuine quality-of-life differentiator that experienced multi-unit operators frequently cite when comparing full-service breakfast concepts to evening-oriented alternatives.

For investors conducting serious due diligence on the Huckleberry's franchise opportunity, the totality of available evidence presents a growth-stage brand with verified same-store sales momentum, institutional backing from an experienced multi-brand franchisor, and a clear geographic expansion roadmap. The combination of 21 consecutive quarters of same-store sales growth, a 55% unit growth rate in 2022, Nation's Restaurant News recognition on the "100 Under 100" list, and an average unit volume approaching $2 million collectively represent the kind of brand momentum that franchise investors in the full-service breakfast segment seek but rarely find with sub-50-unit systems still in accessible, pre-saturation development phases. The total investment range of $464,000 to $1,628,250, with a $35,000 franchise fee and a 6% royalty on gross sales, positions Huckleberry's as a mid-tier franchise investment with financial performance data suggesting a payback window of 6.6 to 8.6 years — a realistic horizon for patient, operationally engaged owners. The risks of any franchise investment, particularly in the full-service restaurant category, include labor cost volatility, real estate dependency, and brand-level execution risk that prospective investors must evaluate rigorously before committing capital. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools that allow investors to benchmark Huckleberry's against competing breakfast franchise opportunities across every critical dimension. Huckleberry's currently carries a PeerSense FPI Score of 60, categorized as Moderate, reflecting a growth-stage brand with real momentum and institutional support operating in a competitive but structurally favorable daypart. Explore the complete Huckleberry's franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

60/100

SBA Default Rate

0.0%

Active Lenders

7

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Huckleberry's based on SBA lending data

SBA Default Rate

0.0%

0 of 10 loans charged off

SBA Loan Volume

10 loans

Across 7 lenders

Lender Diversity

7 lenders

Avg 1.4 loans per lender

Investment Tier

Premium investment

$464,000 – $1,628,250 total

Payment Estimator

Loan Amount$371K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$4,803

Principal & Interest only

Locations

Huckleberry'sunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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