Sourdough & Co
Franchising since 2015 · 92 locations
The total investment to open a Sourdough & Co franchise ranges from $285,800 - $568,725. The initial franchise fee is $49,500. Ongoing royalties are 5%. Sourdough & Co currently operates 92 locations (78 franchised). PeerSense FPI health score: 90/100.
$285,800 - $568,725
$49,500
92
78 franchised
Proprietary PeerSense metric
ExcellentActive capital sources verified for Sourdough & Co financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
Registration Data Only
SBA Lending Performance
SBA Default Rate
1.8%
0 of 14 loans charged off
SBA Loans
14
Total Volume
$4.3M
Active Lenders
9
States
3
Top SBA Lenders for Sourdough & Co
What is the Sourdough & Co franchise?
Sourdough & Co is a premium fast-casual sandwich franchise founded in El Dorado Hills, CA and now operating under Better Days Franchise Co. With 92+ locations open and 38 under construction, the brand nearly doubled its footprint in both 2023 and 2024. Average store revenue of $719,490 across 64 reporting locations (53% above average). The simplified kitchen — no fryers, no grills, mainly a meat cutter — enables low employee counts and operational complexity. 97% of franchisees are multi-unit owners. Under 2% SBA default rate with only 2 closures in the entire system. Partnered with Franchise FastLane for national expansion into Georgia, Michigan, Missouri, North Carolina, and Ohio. Targeting 700 locations by 2027. Founded by Nick Singh.
FPI Score
90/100
SBA Default Rate
1.8%
Active Lenders
9
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Sourdough & Co based on SBA lending data
SBA Default Rate
1.8%
0 of 14 loans charged off
SBA Loan Volume
14 loans
Across 9 lenders
Lender Diversity
9 lenders
Avg 1.6 loans per lender
Investment Tier
Significant investment
$285,800 – $568,725 total
Sourdough & Co — 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
2026
5 approvals — best year on record for Sourdough & Co.
Top SBA State
California
10 SBA-financed Sourdough & Co locations — the densest operator footprint.
Average Loan Size
$305K
Median $340K — use as a sizing anchor when modeling your own $Sourdough & Co unit.
Lender Concentration
57.1%
Concentrated
Share of Sourdough & Co approvals captured by the top 3 SBA lenders.
Sourdough & Co's SBA lending pipeline peaked in 2026 (5 approvals). The last five fiscal years account for 100% of cumulative volume ($4.3M approved). Operator density is highest in California with 10 SBA-financed locations. Average funded ticket sits at $305K, with the median at $340K. Lender mix is concentrated: the top three SBA lenders account for 57.1% of approvals — credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$2,959
Principal & Interest only
Locations
Sourdough & Co — unit breakdown
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