Off The Grill
Franchising since 1998 · 3 locations
The total investment to open a Off The Grill franchise ranges from $132,200 - $192,400. The initial franchise fee is $25,000. Off The Grill currently operates 3 locations (3 franchised). The top SBA 7(a) lenders for Off The Grill are Wells Fargo Bank, First-Citizens Bank & Trust Company and Bank of America. PeerSense FPI health score: 21/100.
$132,200 - $192,400
$25,000
3
3 franchised
Proprietary PeerSense metric
LimitedActive capital sources verified for Off The Grill financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
Emerging (3-9 loans)
SBA Lending Performance
SBA Default Rate
57.1%
4 of 7 loans charged off
SBA Loans
7
Total Volume
$1.1M
Active Lenders
3
States
5
Top SBA Lenders for Off The Grill
What is the Off The Grill franchise?
The decision to invest in a limited-service restaurant franchise is one of the most consequential financial choices an entrepreneur will make, and the stakes are real: total initial investments in the quick-service sector routinely exceed $500,000, failure rates for undercapitalized operators remain punishing, and the difference between a brand with genuine unit economics and one that merely looks attractive on a brochure can mean years of lost capital. Off The Grill, headquartered in Phoenix, Arizona, enters this conversation as a compact, early-stage franchise opportunity operating in the limited-service restaurant category with a current footprint of 5 total units, of which 3 are franchised locations and 2 remain company-supported. That size profile immediately signals something important to sophisticated franchise investors: this is not a mature, institutionalized system with thousands of locations and decades of audited performance data. It is, instead, a ground-floor franchise opportunity with a low-to-mid range investment threshold, a Phoenix-based operational hub that positions it within one of the fastest-growing metropolitan markets in the United States, and a developing infrastructure that prospective franchisees must evaluate with disciplined, data-driven methodology rather than brand enthusiasm. The Off The Grill franchise sits within a global limited-service restaurant market estimated at $871.02 billion in 2025, a market projected to reach approximately $1,436 billion by 2034 at a compound annual growth rate of 5.7%. Within the U.S. specifically, the limited-service restaurant segment is estimated at $97.85 billion in 2025 and is forecast to grow at a CAGR of 6.45% to reach $133.71 billion by 2030. These are not peripheral numbers — they represent the structural tailwind behind every franchise investment decision in this category, and they matter especially for a brand like Off The Grill that has an opportunity to scale within a market where consumer demand is secular, durable, and accelerating.
The limited-service restaurant industry is not growing by accident — it is responding to one of the most powerful and sustained shifts in consumer behavior of the past two decades. Urban populations are expanding, time-constrained lifestyles are becoming the norm rather than the exception, and the appetite for affordable, convenient meals that deliver quality without the overhead of a full-service dining experience has never been stronger. The U.S. quick-service restaurant market alone is projected to reach $330.56 billion in 2025, up from $311.54 billion the prior year, and is expected to grow at a CAGR of 7.2% to reach $436.07 billion by 2029. The fast-casual segment, which occupies the quality tier immediately above traditional QSR and is the competitive zone most relevant to a grilled-food concept, is anticipated to generate $84.5 billion in cumulative revenue growth between 2025 and 2029, representing a CAGR of 13.7% — a rate that significantly outpaces the broader restaurant sector. Consumer expectations have evolved materially: modern limited-service customers demand menu customization, cleaner ingredient profiles, plant-based options, and digital ordering capabilities, and brands that meet those expectations are capturing disproportionate market share. Delivery and takeout have become structural revenue channels rather than supplemental ones, with delivery sales in the limited-service sector surging over 20% in a single year. The U.S. currently hosts over 159,000 limited-service restaurant locations, and while major chains like Subway with over 20,000 outlets and McDonald's with over 13,600 dominate by raw unit count, the fragmented middle tier of the market — where regional and emerging franchise brands like Off The Grill compete — remains highly accessible to well-capitalized, operationally sharp franchisees who can capture local market share before national brand penetration saturates their territory.
The Off The Grill franchise investment range of $132,200 on the low end to $192,400 on the high end is one of the most important data points in this entire analysis, and it deserves careful unpacking. Compared to the broader restaurant franchise sector, where total initial investments can range from $100,000 to well over $6 million depending on format, brand maturity, and build-out complexity, the Off The Grill franchise cost sits in a genuinely accessible tier that dramatically lowers the capital barrier to entry relative to many competing limited-service concepts. For context, quick-service restaurant franchises in general carry initial franchise fees ranging from $6,250 to $90,000, with the industry average landing around $25,000, and build-out costs alone can run $100,000 to $1 million before equipment, working capital, and licensing expenses are layered in. The fact that Off The Grill's total investment ceiling is $192,400 suggests either a leaner physical footprint, a conversion-friendly build-out model, or an operational format that minimizes the capital-intensive components that inflate costs at larger franchise systems. The spread between $132,200 and $192,400 — a gap of approximately $60,200 — is relatively narrow compared to many franchise investment ranges, which typically reflect dramatic variation in real estate markets, build-out scopes, and format configurations. For prospective franchisees, understanding what drives that spread is essential due diligence: factors likely include the specific market selected, lease terms, local permitting complexity, and whether equipment packages are purchased outright or financed. Industry benchmarks suggest that leasing a restaurant-grade commercial space typically costs $3,000 to $10,000 per month, and equipment packages for limited-service restaurant concepts commonly run $10,000 to over $100,000 depending on kitchen configuration. Working capital requirements for the first six to twelve months of operation are a critical and frequently underestimated component of the total investment — established franchise consultants typically recommend that franchisees hold liquid capital equivalent to 40 to 60 percent of their total investment in reserve beyond their initial outlay.
Daily operations at a limited-service restaurant franchise like Off The Grill center on the fundamental disciplines that determine whether a unit is profitable or perpetually struggling: kitchen throughput, staff reliability, inventory precision, and customer experience consistency. In the broader limited-service restaurant franchise sector, staffing typically consumes 28% to 33% of total revenue, making it the single largest variable cost category and the one with the most direct impact on profitability. The hospitality industry experiences employee turnover rates of approximately 70%, which means franchisees at any limited-service concept should budget significant time — and hard costs — for continuous recruitment, onboarding, and training. Technology fees across the restaurant franchise sector run approximately $1,200 to $3,600 annually for software and operational tools, including point-of-sale systems, inventory management platforms, and scheduling applications, and these costs are typically non-negotiable as franchisors require franchisees to operate on approved platforms to maintain systemwide data integrity. The general franchise support infrastructure for limited-service concepts typically includes an initial training program covering both classroom and hands-on operational components, ongoing field consultant support, access to pre-negotiated vendor pricing through the franchisor's supply chain relationships, and marketing materials for local store efforts. Territory structure in franchise systems is typically defined and protected within the Franchise Disclosure Document, granting franchisees the right to operate within a specified geographic zone — a provision that becomes increasingly valuable as a brand scales and demand for additional units in established markets grows. For a 5-unit system with 3 franchised locations, Off The Grill is in the formative stage of building the operational infrastructure, support systems, and vendor network that mature franchise systems have already institutionalized over years of iteration, which means early franchisees are joining a system that is still developing its playbook while simultaneously being asked to execute it.
Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for the Off The Grill franchise, which is a material fact that every prospective investor must weigh carefully in their due diligence process. Under Federal Trade Commission regulations, franchisors are not legally required to include financial performance representations in their FDD, but any earnings claims made outside the document must be substantiated within it — and when Item 19 is silent, prospective franchisees must rely entirely on industry benchmarks, unit count signals, and independent research to model potential returns. What the data does tell us is this: approximately 66% of franchisors now voluntarily disclose financial performance in Item 19, up from 52% in 2014, meaning the majority of competing franchise opportunities in the limited-service restaurant category do provide this transparency. The absence of Item 19 disclosure does not indicate a failing business, but it does mean the investor carries more analytical burden and should request written substantiation of any verbal performance claims made by the franchisor or its representatives, a right guaranteed under FTC franchise disclosure rules. For context, industry revenue benchmarks for limited-service restaurant concepts vary enormously by format, location, and brand maturity — the U.S. QSR market generating $330.56 billion across a landscape that includes over 159,000 locations implies a wide-ranging average, but well-positioned single-unit QSR and fast-casual concepts in high-traffic markets routinely generate annual revenues between $500,000 and $1.5 million. Given that Off The Grill's total investment ceiling is $192,400, a prospective franchisee would need to model realistic revenue scenarios, subtract royalties, advertising fees, labor at approximately 28 to 33 percent of revenue, occupancy costs of $3,000 to $10,000 monthly, and cost of goods to determine whether unit-level cash flow can support a reasonable payback period and return on invested capital that justifies the risk premium of joining a 5-unit emerging system.
Off The Grill's growth trajectory as a 5-unit system with 3 franchised locations reflects the earliest stage of franchise scaling, a phase characterized by the highest potential for per-unit territory value appreciation and simultaneously the highest operational and brand risk. In the broader franchise sector, the U.S. alone is expected to surpass 821,000 franchised units in 2025, with nearly a quarter-million jobs created in this expansion cycle and a total economic impact approaching $900 billion — context that illustrates just how large and competitive the franchise recruitment environment is that Off The Grill is operating within. Phoenix, Arizona, where Off The Grill is headquartered, sits within the Sun Belt growth corridor that franchise analysts have identified as the hottest expansion geography in the country, with Southern and Southwest states benefiting from population growth, increased consumer spending, and favorable tax and regulatory climates. Texas and Florida are leading in new franchise unit counts, but Arizona's Phoenix metropolitan area has been one of the fastest-growing large cities in the United States for consecutive years, creating a natural testing ground and expansion base for a limited-service restaurant concept built in the region. The competitive moat for an early-stage limited-service restaurant franchise is necessarily built on different foundations than those available to a 500-unit system: local brand authenticity, community connection, menu differentiation, and the ability to attract operationally strong owner-operators who will execute with a personal stake in the brand's success can all function as genuine competitive advantages in a market where the restaurant landscape is fragmented and consumers are actively seeking non-chain dining experiences at accessible price points. The restaurant and franchising sector has also seen notable acquisition activity that signals the value of scaled restaurant brand portfolios — Canadian-based MTY Group's acquisition of BBQ Holdings in fall 2022, adding brands including Famous Dave's and Village Inn to its portfolio, illustrates the consolidation dynamics that reward brands with proven systems and the strategic risk that exists for those still building them.
The ideal Off The Grill franchise candidate is an owner-operator with direct food service, restaurant management, or multi-unit retail experience who is comfortable joining a developing system where the operational playbook is still being refined and where hands-on daily engagement will be essential to unit success. Because the total investment range of $132,200 to $192,400 is accessible relative to most restaurant franchise categories, the candidate profile does not require the institutional capital base demanded by premium franchise systems, but it does require a franchisee who is financially disciplined, operationally capable, and prepared to function as both a manager and an ambassador for a brand that lacks the systemwide marketing infrastructure of a 500-unit chain. The Phoenix, Arizona headquarters creates natural geographic density for early expansion, and prospective franchisees in the broader Southwest and Sun Belt markets — regions experiencing the strongest franchise unit growth in the country — are logical targets for territory conversations. The franchise agreement term length, renewal structure, and transfer and resale provisions are all components that must be reviewed directly within the FDD before any investment decision is made, as these contractual parameters define the long-term value and liquidity of the franchise asset. Multi-unit development is a growing expectation across the franchise sector, and investors who can commit to developing two or more units within a defined timeline often receive more favorable territory protection and development support from emerging franchisors seeking to scale efficiently without diluting their support capacity across too many single-unit operators.
Synthesizing the full investment picture, the Off The Grill franchise opportunity presents a genuinely accessible entry point into the limited-service restaurant sector — a market generating $97.85 billion in annual U.S. revenue in 2025 and growing at 6.45% annually toward a $133.71 billion target by 2030 — at a total investment range of $132,200 to $192,400 that is significantly below the category midpoint for restaurant franchise concepts. The brand's current scale of 5 total units, 3 of which are franchised, means early investors are entering at a stage where territory value has not yet been fully priced, where the franchisor is highly motivated to support each franchisee's success, and where the unit-level decisions made today will shape the system's institutional knowledge for years. The Off The Grill franchise cost is among the lower thresholds available in the limited-service restaurant franchise category, and the Phoenix-based headquarters positions the brand within the country's most franchise-active regional growth corridor. The PeerSense Franchise Performance Index score of 21, categorized as Limited, reflects the early-stage nature of the system and the corresponding data constraints — not a verdict on the brand's potential — and should be interpreted alongside the full suite of due diligence resources available to investors conducting serious research. 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 Off The Grill against competing limited-service restaurant franchise opportunities across investment thresholds, unit count growth trajectories, Item 19 disclosure rates, and territory availability. Explore the complete Off The Grill franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
FPI Score
21/100
SBA Default Rate
57.1%
Active Lenders
3
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Off The Grill based on SBA lending data
SBA Default Rate
57.1%
4 of 7 loans charged off
SBA Loan Volume
7 loans
Across 3 lenders
Lender Diversity
3 lenders
Avg 2.3 loans per lender
Investment Tier
Mid-range investment
$132,200 – $192,400 total
Off The Grill — Deep SBA Data
Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2001
6 approvals — best year on record for Off The Grill.
Top SBA State
Arizona
3 SBA-financed Off The Grill locations — the densest operator footprint.
Average Loan Size
$164K
Median $172K — use as a sizing anchor when modeling your own $Off The Grill unit.
Lender Concentration
100%
Concentrated
Share of Off The Grill approvals captured by the top 3 SBA lenders.
Off The Grill's SBA lending pipeline peaked in 2001 (6 approvals). Operator density is highest in Arizona with 3 SBA-financed locations. Average funded ticket sits at $164K, with the median at $172K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals — credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$1,369
Principal & Interest only
Locations
Off The Grill — unit breakdown
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