Franchising since 1978 · 27 locations
The total investment to open a Modern Market Franchising, LLC Modern Market Eatery franchise ranges from $728,500 - $1.5M. The initial franchise fee is $40,000. Ongoing royalties are 4% plus a 1% advertising fee. Modern Market Franchising, LLC Modern Market Eatery currently operates 27 locations. Data sourced from the 2024 Franchise Disclosure Document.
$728,500 - $1.5M
$40,000
27
This franchise has not yet been scored by the Franchise Performance Index. Scores are calculated based on public FDD data, SBA loan performance, and system-level metrics.
Modern Market Franchising Llc Modern Market Eatery franchise presents a compelling opportunity within the dynamic fast-casual dining sector, offering a unique blend of quality, fresh ingredients and a commitment to a wholesome culinary experience that resonates with today's health-conscious consumer. Founded in 1978, the brand, much like its conceptual alignment with a fresh-focused eatery, has cultivated a strong identity emphasizing signature dishes, from-scratch preparation, and a vast selection of menu items that extend beyond a single category, including pasta dishes and sandwiches, ensuring a broad appeal. The underlying ethos of the Modern Market Franchising Llc Modern Market Eatery franchise revolves around providing quality food at an affordable price, a principle articulated through a dedication to fresh ingredients, such as dough made fresh daily at each restaurant and a famous signature sauce prepared fresh every day. This meticulous approach to food preparation, which began with its founder, Steve Wilkinson, who was inspired by a close friend to open a dining establishment, has been instrumental in building a loyal customer base and establishing a reputation for culinary excellence. The company's origins, rooted in a strong presence in California, particularly the Greater Sacramento area, suggest its primary operational base is within this region, potentially Davis, California, aligning with a brand that values its local roots while aiming for broader expansion. The current ownership, under Sheru Singh, who expressed enthusiasm in September 2023 for expanding the brand's footprint, demonstrates a forward-looking vision for the Modern Market Franchising Llc Modern Market Eatery franchise, building on a foundation of quality and affordability. The historical involvement of entities like Steve's Place, Inc. and Steve's Pizza Franchise Corporation, d.b.a. Steve's Pizza, with regulatory bodies such as the DFPI, with initial actions dating back to April 10, 2013, and the most recent on May 14, 2015, indicates a structured corporate history and engagement with regulatory frameworks, providing a layer of operational maturity to the Modern Market Franchising Llc Modern Market Eatery franchise. The brand's motto, "Pizza Perfected!", while seemingly specific, encapsulates a broader commitment to perfecting every dish offered, a philosophy that deeply informs the operational standards and customer expectations for every Modern Market Franchising Llc Modern Market Eatery franchise location. This dedication to quality and a diverse, appealing menu positions the Modern Market Franchising Llc Modern Market Eatery franchise as a significant player in the evolving landscape of fresh, convenient dining options, attracting a wide demographic seeking both value and health-conscious choices.
The Modern Market Franchising Llc Modern Market Eatery franchise operates within the expansive and highly competitive Full-Service Restaurants and Pizza Market, an industry characterized by robust growth and evolving consumer preferences. The global Full-Service Restaurants market, a primary category for this type of establishment, is projected to achieve a valuation of USD 1.59 trillion in 2025, with further growth anticipated to reach USD 2.05 trillion by 2035, demonstrating a Compound Annual Growth Rate (CAGR) of 2.6% over this forecast period. Another comprehensive report estimates an even larger expansion, with the global full-service restaurants market size growing from US$ 1,654.7 billion in 2025 to US$ 1,974.6 billion by 2032, also maintaining a CAGR of 2.6% during this timeframe. This sector represents the highest valued segment within the broader global Restaurant and Food Service Market, holding a valuation of USD 1,200 million in 2024 and a projected value of USD 1,700 million by 2035, underscoring its foundational importance to the food service industry. Specifically within the USA, the Full-Service Restaurants industry is poised for a CAGR of 3.5% from 2025 to 2035, while the North America Full Service Restaurants Market is expected to grow at a 2.5% CAGR during the forecast period spanning 2025 to 2032. These figures highlight a stable and expanding market environment that provides a solid foundation for the Modern Market Franchising Llc Modern Market Eatery franchise. Complementing this, the global pizza market, which the Modern Market Franchising Llc Modern Market Eatery franchise also taps into with its menu offerings, was valued at USD 282.91 billion in 2025 and is forecasted to grow from USD 215.53 billion in 2026 to USD 340.91 billion by 2034, exhibiting a robust CAGR of 5.90% over this period. North America, a key region for the Modern Market Franchising Llc Modern Market Eatery franchise, dominated the global pizza market in 2025, commanding a 39.13% share with a regional market valuation of USD 81.16 billion. The U.S. pizza restaurant market alone projected revenues of $50.1 billion in 2024, supported by more than 74,000 pizzeria businesses, and is expected to reach $49.5 billion in 2026, with continued growth to $50.7 billion by 2034 at a CAGR of 2.95%. These market dynamics, characterized by sustained growth in both full-service dining and specialized segments like pizza, offer significant opportunities for the Modern Market Franchising Llc Modern Market Eatery franchise to capture market share and achieve substantial success.
Investing in a Modern Market Franchising Llc Modern Market Eatery franchise requires a carefully considered financial commitment, with various components contributing to the total initial investment. The initial franchise fee, a foundational cost for securing the rights to operate under the brand, can range up to $30,000. Further information indicates a more precise range for this fee, typically falling between $15,000 and $30,000, depending on specific terms and agreements at the time of signing. Beyond this initial fee, the comprehensive total initial investment required to establish a Modern Market Franchising Llc Modern Market Eatery franchise location spans from $474,000 to $980,000. This broad range accounts for a multitude of factors, including leasehold improvements, equipment purchases, initial inventory, signage, grand opening advertising, and other preliminary expenses necessary to launch the business successfully. Franchisees are also responsible for ongoing fees that contribute to the brand's collective strength and continued support system. A royalty fee of 4.0% of gross sales is mandated, ensuring franchisees benefit from ongoing brand development, operational guidance, and marketing initiatives. Additionally, a contribution of 3.0% towards an advertising fund is required, which fuels broader marketing campaigns and brand awareness efforts across the network, benefiting all Modern Market Franchising Llc Modern Market Eatery franchise locations. Prospective franchisees must also demonstrate adequate liquid capital to cover initial operating costs and ensure smooth cash flow during the startup phase. The working capital required specifically for a Modern Market Franchising Llc Modern Market Eatery franchise is estimated to be between $9,000 and $18,000. Furthermore, the minimum cash required to open a Modern Market Franchising Llc Modern Market Eatery franchise can range from $120,000 to a higher figure, influenced significantly by variables such as the chosen location, the extent of necessary build-out costs, and the specific operational model selected for the franchise unit. These financial requirements are detailed in the Franchise Disclosure Document (FDD), providing transparent insights into the investment landscape for the Modern Market Franchising Llc Modern Market Eatery franchise.
The operational model for a Modern Market Franchising Llc Modern Market Eatery franchise is built on a foundation of comprehensive training and continuous support, designed to equip franchisees with the knowledge and tools necessary for successful business ownership. New franchisees undergo an extensive initial training program, which is structured to combine both theoretical classroom instruction and practical, hands-on experience. This initial training period spans two weeks and is conducted at the corporate headquarters, ensuring that all franchisees receive consistent, high-quality instruction directly from the brand's core team. The curriculum covers essential aspects of running a Modern Market Franchising Llc Modern Market Eatery franchise, including operational procedures, customer service excellence, inventory management, marketing strategies, and local market engagement. The franchisor is committed to fostering a strong and accessible franchisor-franchisee relationship, prioritizing support for its franchise partners. This commitment translates into readily available resources, including detailed operational manuals, customer service guidelines, and ongoing assistance from dedicated support teams. Franchisees are strongly encouraged to actively utilize these comprehensive tools and support systems to facilitate a successful launch and sustained growth of their Modern Market Franchising Llc Modern Market Eatery franchise. The support structure extends beyond initial training, encompassing ongoing guidance, periodic site visits, and access to a network of fellow franchisees, fostering a collaborative environment. Furthermore, each Modern Market Franchising Llc Modern Market Eatery franchise operates within a defined territory, ensuring a protected market area where they can exclusively offer the brand's products and services. This territorial protection is a significant advantage, minimizing intra-brand competition and allowing franchisees to concentrate on building their local customer base effectively. The brand’s active expansion into new markets indicates that various locations within California and surrounding states are being considered for future development, offering franchisees diverse options for territory selection. This robust training and support framework underscores the Modern Market Franchising Llc Modern Market Eatery franchise's dedication to its partners' success, providing a clear pathway for achieving operational excellence and market penetration.
Regarding financial performance, the Modern Market Franchising Llc Modern Market Eatery franchise adheres to the standard practices of franchise disclosure, particularly concerning Item 19 of its Franchise Disclosure Document (FDD). It is important to note that franchisors are not legally obligated to provide specific financial performance representations (FPRs) or earnings claims within Item 19 of their FDD. However, if such claims are made, they must be fully disclosed and thoroughly substantiated within that section. Item 19 typically includes information pertaining to revenue, sales figures, operational expenses, or potential profit margins, but any data presented must be based on actual performance of existing franchise units, accompanied by a clear explanation of the methodologies used for calculation. In the publicly available search results for the Modern Market Franchising Llc Modern Market Eatery franchise, specific average revenue per unit, median revenue figures, or typical profit margins for its franchised locations are not explicitly disclosed. The absence of these specific figures in public information means that precise earnings claims cannot be detailed within this report. The financial performance of any Modern Market Franchising Llc Modern Market Eatery franchise is acknowledged to be highly dependent on a unique set of variables that are specific to each individual location. These variables include, but are not limited to, local market demand, which can fluctuate based on demographics, competition, and economic conditions; prevailing labor costs within the specific geographic area, which impact operational expenses; and commercial lease rates, which significantly influence overheads. Therefore, while the potential for profitability exists within the fast-casual and pizza markets, precise financial performance data for the Modern Market Franchising Llc Modern Market Eatery franchise is not provided in publicly accessible sources. Detailed financial performance information, including specific revenue and profit data, is often proprietary and typically made available to qualified prospective franchisees upon deeper engagement with the franchisor, often through franchise review platforms or directly during the due diligence process. Without access to the specific Item 19 disclosures for the Modern Market Franchising Llc Modern Market Eatery franchise, a comprehensive breakdown of average unit economics cannot be presented here, emphasizing the need for direct inquiry to the franchisor for such critical financial insights.
The Modern Market Franchising Llc Modern Market Eatery franchise has demonstrated a clear growth trajectory and possesses several competitive advantages that position it for sustained expansion. As of the 2021 Franchise Disclosure Document (FDD), there were 3 franchised locations operating in the USA. Another verified source indicates that the Modern Market Franchising Llc Modern Market Eatery franchise operates a total of 4 locations across the United States. More recently, in September 2023, the company reported having six locations actively operating within California, highlighting a steady increase in its footprint. The brand's operations are currently exclusively within the United States, specifically concentrated in California, where it has cultivated a strong regional presence and brand recognition. In September 2023, the Modern Market Franchising Llc Modern Market Eatery franchise officially launched a new franchise sales initiative, partnering with the national franchise sales group WCFD to strategically achieve its ambitious expansion goals. The immediate focus for this expansion is within California, where the brand already enjoys significant recognition, and gradually extending into surrounding states. This strategic approach leverages the established brand awareness gained from its proximity to a major educational institution, the University of California, Davis. This exposure has introduced the brand to a diverse student body from Central and Northern California, effectively acting as a powerful marketing channel for future regional expansion. The competitive advantages of the Modern Market Franchising Llc Modern Market Eatery franchise lie in its commitment to fresh, quality ingredients, from-scratch preparation, and a diverse menu featuring signature pizzas, pasta dishes, and sandwiches, appealing to a broad customer base. This focus on quality at an affordable price, coupled with efficient operational procedures and a strong emphasis on customer service, differentiates it in a crowded market. The planned expansion, supported by a professional sales group, indicates a robust strategy to capitalize on existing brand equity and penetrate new markets, promising continued growth for the Modern Market Franchising Llc Modern Market Eatery franchise.
The ideal franchisee for a Modern Market Franchising Llc Modern Market Eatery franchise is an individual who aligns with the brand’s core values of quality, service, and community engagement, possessing a strong entrepreneurial spirit and a dedication to operational excellence. While specific experience in the restaurant industry is beneficial, the comprehensive training program is designed to onboard individuals from diverse professional backgrounds, provided they demonstrate strong leadership capabilities, a commitment to learning, and the ability to manage a fast-paced environment. Essential qualities include strong business acumen, effective communication skills, and a genuine passion for delivering a superior customer experience. The financial requirements, particularly the minimum cash required ranging from $120,000 and the liquid capital between $9,000 and $18,000, indicate that candidates should possess sound financial stability and the ability to secure the total initial investment, which ranges from $474,000 to $980,000. Furthermore, the ideal candidate should be prepared for active involvement in the daily operations of their Modern Market Franchising Llc Modern Market Eatery franchise, fostering a positive work environment for their team and ensuring adherence to brand standards. Territory information indicates that the brand is actively expanding, with an immediate focus on California and surrounding states. This suggests that prospective franchisees interested in these regions would find ample opportunities. The brand aims to establish defined territories, ensuring that each Modern Market Franchising Llc Modern Market Eatery franchise can operate effectively without direct intra-brand competition, allowing for focused market penetration and community building within their designated area. This strategic approach to territory development ensures that new franchisees are set up for success in markets ripe for growth.
The Modern Market Franchising Llc Modern Market Eatery franchise represents a compelling investment opportunity within the thriving full-service and pizza restaurant segments, backed by a proven operational model and a strategic expansion plan. With the global Full-Service Restaurants market projected to reach USD 2.05 trillion by 2035 and the global pizza market exceeding USD 340 billion by 2034, the brand is positioned within highly lucrative and growing sectors. The initial franchise fee up to $30,000 and a total investment range of $474,000 to $980,000 are standard for a robust fast-casual concept, offering a comprehensive package for market entry. The 4.0% royalty rate and 3.0% advertising fund contribution ensure continuous brand development and marketing support, benefiting all franchisees. With six locations currently in California as of September 2023 and a new franchise sales initiative targeting expansion into surrounding states, the Modern Market Franchising Llc Modern Market Eatery franchise is on a clear growth trajectory, leveraging strong brand recognition from its California origins. The comprehensive two-week initial training at corporate headquarters and ongoing operational support underscore the franchisor's commitment to franchisee success, fostering a great franchisor relationship. This structured support, combined with a focus on fresh, quality food and an affordable price point, provides a strong foundation for new franchisees to thrive in defined territories. The emphasis on consumer trends like experiential dining, digital solutions, sustainability, and health-conscious options aligns the Modern Market Franchising Llc Modern Market Eatery franchise perfectly with modern market demands. Explore the complete Modern Market Franchising Llc Modern Market Eatery franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
Key performance metrics for Modern Market Franchising, LLC Modern Market Eatery based on SBA lending data
Investment Tier
Premium investment
$728,500 – $1,470,000 total
Estimated Monthly Payment
$7,541
Principal & Interest only
Modern Market Franchising, LLC Modern Market Eatery — unit breakdown
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