OLC Development
Franchising since 2023 · 20 locations
The total investment to open a OLC Development franchise ranges from $414,225 - $621,600. The initial franchise fee is $49,500. Ongoing royalties are 8% plus a 2% advertising fee. OLC Development currently operates 20 locations. Data sourced from the 2026 Franchise Disclosure Document.
$414,225 - $621,600
$49,500
20
FPI Score
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.
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What is the OLC Development franchise?
Olc Development emerges as a distinctive and rapidly expanding concept within the vibrant landscape of Middle Eastern street food, establishing a unique niche with its specialized offerings and unwavering commitment to authentic culinary experiences. The brand, celebrated for its exceptionally fresh, made-to-order mutabak – a meticulously handcrafted, crispy stuffed bread – alongside a diverse and appealing menu featuring savory chapati rolls, innovative MK360 pastries, various crispy fries, tantalizing desserts, and an extensive selection of rich karak teas and other refreshing beverages, has quickly captivated a discerning clientele. Founded in 2023, the genesis of the very first Olc Development restaurant took place in the bustling city of Mississauga, Canada, driven by the visionary leadership of co-founder Magdi Bazara and his dedicated business partners. Their collective ambition was to introduce a genuine taste of Middle Eastern hospitality and flavor to new markets, emphasizing the paramount importance of quality ingredients, time-honored recipes, and a warmly inviting atmosphere. The immediate and sustained success of this initial venture, attributed directly to an unwavering focus on traditional, authentic recipes and compelling, appealing presentation, underscored the pronounced market's demand for such a truly authentic offering. Olc Development particularly stands out for providing a broad and exceptionally varied selection of mutabak within the greater Toronto area, thereby setting a remarkably high standard for this specific culinary delight and differentiating itself from other quick-service concepts. The brand's core corporate identity is firmly rooted in Oakville, Ontario, Canada, with Mutabak Karak Holding Inc., a robust entity based in Oakville, holding the official trademark for "MUTABAK
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for OLC Development based on SBA lending data
Investment Tier
Significant investment
$414,225 – $621,600 total
Why OLC Development Doesn't Appear in Public SBA Data
The SBA 7(a) program publishes loan-level data for every approved franchise borrower. OLC Development does not currently appear in those public records — and that absence carries useful information for prospective franchisees evaluating this brand.
Likely explanations for the absence
- The brand is relatively new (founded 2023, 3 years ago). Newer franchise systems typically take 3–5 years to generate enough SBA 7(a) volume to appear in published data.
- With under 25 units system-wide, transaction volume is small enough that any SBA activity could fall below the reporting visibility threshold in any given fiscal year.
Absence from SBA records does not mean a brand is un-fundable. It typically means the franchise system uses alternative capital sources, or that current franchisees self-fund, secure conventional bank financing, or roll over equity from a prior business sale rather than going through an SBA-guaranteed 7(a) loan. For prospective OLC Development franchisees, the practical question is which financing path actually closes for this brand's profile.
Capital paths PeerSense places for food, restaurant & retail concepts
SBA 7(a) Loans
Build-out, unit acquisition, and working capital for food and retail franchises.
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Equipment Financing
Kitchen equipment, POS systems, and capital-intensive build-outs.
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Franchise Partner Buyout Financing
Senior debt for partner buyouts and multi-unit roll-ups.
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Commercial Real Estate Loans
Owner-occupied or investor-owned restaurant real estate.
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Payment Estimator
Estimated Monthly Payment
$4,288
Principal & Interest only
Locations
OLC Development — unit breakdown
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Scan Your Deal Instantly1 FDD Available for OLC Development
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