Surcheros Fresh Grill
Franchising since 2007 · 11 locations
The total investment to open a Surcheros Fresh Grill franchise ranges from $610,000 - $2.0M. The initial franchise fee is $40,000. Surcheros Fresh Grill currently operates 11 locations (11 franchised). The top SBA 7(a) lenders for Surcheros Fresh Grill are Pineland Bank, Douglas National Bank and Exchange Bank. PeerSense FPI health score: 39/100.
$610,000 - $2.0M
$40,000
11
11 franchised
Proprietary PeerSense metric
FairActive capital sources verified for Surcheros Fresh Grill 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)
SBA Lending Performance
SBA Default Rate
7.7%
1 of 13 loans charged off
SBA Loans
13
Total Volume
$15.0M
Active Lenders
4
States
3
Top SBA Lenders for Surcheros Fresh Grill
What is the Surcheros Fresh Grill franchise?
The question every serious franchise investor asks when evaluating a regional fast-casual concept is simple but consequential: does this brand have the operational discipline, leadership depth, and unit economics to scale beyond its founding geography, or will it remain a local story? Surcheros Fresh Grill, the Tex-Mex fast-casual brand founded in 2007 by Luke Christian in Douglas, Georgia, is actively working to answer that question with real estate signings, systemwide sales data, and a five-year growth roadmap that targets 100 additional units. Christian's founding thesis was straightforward — combine bold Tex-Mex flavors with the warm, familiar rhythms of Southern hospitality, delivering freshly prepared, custom-made meals in a fast-casual format that sits at the intersection of speed and quality. The company began franchising in 2017, with Luke and his wife Nicole Christian leading the expansion strategy, and Surcheros Franchising Corporation serves as the formal franchising entity. Headquartered in Alpharetta, Georgia, the brand has grown from 14 locations across Georgia and Florida in December 2018 to 35 locations across six states by the end of 2024 — a unit growth trajectory that represents a 150 percent increase in six years. Systemwide sales reached an estimated $50 million in 2024 according to Technomic, and the brand recorded a 29 percent revenue increase year-over-year from 2023 to 2024, a figure that commands serious attention in any category of franchise investment. The fast-casual Mexican food segment — which includes both regional independents and national players — represents one of the most durable and consumer-validated niches in the broader $900-plus billion U.S. restaurant industry, and Surcheros Fresh Grill has staked its identity on freshness, customization, and geographic differentiation within the Southeast. For franchise investors evaluating growth-stage brands, the Surcheros Fresh Grill franchise opportunity combines a proven regional concept with a leadership team carrying executive credentials from Chick-fil-A, The Coca-Cola Company, Focus Brands, Tropical Smoothie Café, Church's Chicken, and Aldi — a depth of institutional knowledge rarely found in a brand still operating fewer than 40 units. This analysis is produced independently by PeerSense and reflects research-based findings, not franchisor marketing materials.
The industry environment in which the Surcheros Fresh Grill franchise operates is defined by secular tailwinds that have been building for over a decade. The U.S. fast-casual dining segment has consistently outperformed both quick-service and full-service restaurant categories in traffic growth and per-unit revenue expansion, driven by a consumer cohort that demands restaurant-quality ingredients at counter-service speed and price points. The Mexican and Tex-Mex fast-casual subcategory in particular has demonstrated remarkable consumer loyalty, with customization-driven service models — where guests build their own bowls, burritos, tacos, or quesadillas down an assembly line — generating higher ticket sizes and stronger repeat visit frequency than comparable sandwich or burger formats. Key consumer trends actively benefiting regional brands like Surcheros Fresh Grill include the accelerating shift toward fresher, less processed food options, growing demand for plant-based and vegetarian menu components, and increasing consumer emphasis on hygiene, ingredient transparency, and supply chain integrity in the post-pandemic dining era. Technology adoption across the sector — mobile ordering, loyalty program integration, third-party delivery platform partnerships — is reshaping how fast-casual operators capture and retain customers, and brands that invest in these platforms early gain compounding advantages in customer lifetime value. Rising labor costs represent the most significant structural headwind across all restaurant categories, creating pressure on labor-to-revenue ratios that rewards operators with efficient kitchen designs and streamlined menu architectures — both characteristics Surcheros Fresh Grill has emphasized in its operational build-out improvements. Supply chain disruptions affecting commodity ingredients such as proteins, produce, and packaging have created volatility in food costs for all restaurant operators, making supplier relationships and purchasing scale increasingly valuable. The competitive landscape in regional fast-casual Tex-Mex is moderately fragmented, meaning there are genuine opportunities for disciplined regional brands to consolidate market share in underserved geographies like Birmingham, Charlotte, and Jacksonville — precisely the markets Surcheros Fresh Grill has identified as 2025 expansion priorities. Social media's influence on dining decisions, particularly among millennial and Gen Z consumers who index highly in the Southeast markets Surcheros targets, creates marketing leverage for brands with authentic origin stories and visually compelling food presentations.
The Surcheros Fresh Grill franchise investment begins with an initial franchise fee of $40,000, which is consistent with the midpoint of industry norms for fast-casual concepts of comparable scale and brand recognition. The total initial investment range, depending on the source and timing of disclosure, spans from $301,000 on the lower end to $1,421,500 at the upper boundary, with another documented range of $205,517 to $755,000 cited in franchise registry data — the spread between these ranges reflects variation in lease terms, geographic construction costs, equipment configurations, and whether the unit involves conversion of an existing space versus a ground-up or inline buildout. Database records accessed for this analysis document an investment range of $610,000 to $2,020,000, reflecting more recent build-out cost data that incorporates inflationary pressures on construction materials and commercial tenant improvement costs that have risen materially since 2020. Investors evaluating the Surcheros Fresh Grill franchise cost should understand that the spread between the low and high end of any investment range in this category is primarily driven by real estate market conditions — a unit in a secondary Georgia market will carry significantly lower build-out and occupancy costs than a unit in a competitive coastal Florida or suburban Charlotte trade area. Ongoing royalty obligations for quick-service and fast-casual restaurant franchises in the broader category typically range from 4 to 8 percent of gross sales, while marketing fund contributions in the same sector generally fall between 1 and 5 percent, though Surcheros-specific rates should be confirmed directly through the current Franchise Disclosure Document obtained from the franchisor. The initial franchise agreement term is 10 years, with renewal terms also structured at 10 years, providing franchisees with a long-term operational runway to recoup initial capital and build equity in their locations. Franchise investors with prior military service or backgrounds in multi-unit food service operations should inquire directly about any incentive programs Surcheros Franchising Corporation may offer, as many growth-stage brands with institutional leadership teams — including executives with Chick-fil-A and Focus Brands backgrounds — have formalized incentive structures for qualified multi-unit operators. Given the investment range, this is positioned as a mid-tier fast-casual franchise opportunity — accessible to investors with substantive business backgrounds and capital reserves, but not requiring the seven-figure liquid capital thresholds associated with premium national QSR brands.
Daily operations at a Surcheros Fresh Grill franchise center on the assembly-line fast-casual model, where guests move through a customization sequence choosing proteins, bases, toppings, and salsas to build personalized Tex-Mex meals. The operational format is predominantly inline retail or end-cap positioning in strip centers and lifestyle retail developments, with Surcheros having refined its build-out process through investments led by Vice President of Operations and Construction Brendan Wiederhold, who joined the brand in 2021 specifically to streamline and accelerate unit development timelines. Jake Philpotts, serving as Vice President of Business Development and Franchise Relations since October 2020, brings direct operational experience from Chick-fil-A and Aldi — two organizations renowned for operational precision and franchise relationship management — giving Surcheros a franchise development infrastructure that punches above its unit count. The leadership team was further strengthened in April 2023 when Jami Horowitz joined as Vice President of Marketing with over 15 years of experience spanning The Coca-Cola Company, Tropical Smoothie Café, Church's Chicken, and Focus Brands, providing the brand with systemwide marketing programming capabilities that support individual franchisee performance. Jamie Hurley serves as Vice President of Finance, rounding out an executive team that covers the four critical infrastructure pillars — operations, development, marketing, and finance — that growth-stage franchise systems require to support multi-unit expansion without breaking their support model. Surcheros has publicly emphasized consistent investments in franchisee support, operational innovation, and guest-focused upgrades as core elements of its franchise value proposition, and the company's ability to open nine new locations in 2024 — including its first units in South Carolina and Tennessee — suggests the operations infrastructure is performing at a level capable of supporting the planned acceleration to 10 or more new units in 2025. Multi-unit franchisee operators are specifically identified as integral to Surcheros' growth strategy, and the Q1 2024 signing of a multi-unit deal to introduce seven new restaurants into Tennessee is evidence that the brand is successfully attracting experienced operators rather than single-unit first-time franchisees. Prospective franchisees should engage directly with the Surcheros franchise development team to obtain current training program duration, location, hands-on hour requirements, and field consultant support ratios, as these details evolve as the brand scales.
Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for Surcheros Fresh Grill, which means the FDD does not contain a formal financial performance representation covering average unit volumes, median revenues, or profit margin ranges across the system. This is an important and material fact for prospective investors to understand, because the absence of Item 19 disclosure requires franchisees to conduct additional independent due diligence — including direct validation calls with existing franchisees listed in the FDD — to develop revenue and profitability projections for their own business plan modeling. That said, publicly available systemwide data provides meaningful signals about unit-level performance potential. Technomic estimated Surcheros' 2024 systemwide sales at $50,000,000 across a system that operated approximately 35 locations by year-end, which implies an average unit volume in the range of $1.2 to $1.4 million — a figure consistent with the Food and Beverage industry franchise benchmark of approximately $1,201,697 in average franchise revenue cited in independent franchise registry analysis. A separate November 2024 report documented global sales of $41,400,000 with a sales growth percentage of 16.90 percent, while the year-over-year revenue increase from 2023 to 2024 was recorded at 29 percent — a growth rate that, if it includes both new unit contributions and same-store sales gains, suggests meaningful consumer demand expansion at the unit level. It is critical that any prospective Surcheros Fresh Grill franchisee understand that systemwide revenue figures and average unit volume estimates reflect gross sales, not franchisee profit — operating costs including rent, utilities, labor, food and beverage costs, marketing contributions, royalties, and inventory must all be deducted from gross revenue to arrive at owner earnings, and these costs can vary substantially by market, lease structure, and operator efficiency. Investors should model their pro forma financials using conservative food cost assumptions of 28 to 34 percent of revenue and labor cost assumptions of 28 to 35 percent of revenue, which are standard ranges for fast-casual Tex-Mex formats, before projecting any estimate of unit-level EBITDA or owner earnings. Payback period analysis for a Surcheros Fresh Grill franchise investment in the $610,000 to $755,000 range — assuming average unit volumes near $1.2 million and operating margins consistent with well-run fast-casual concepts — suggests a payback window of four to seven years, though this range is highly sensitive to lease costs and ramp-up trajectory in new markets.
Surcheros Fresh Grill's growth trajectory from 14 locations in December 2018 to 35 locations across six states by the end of 2024 represents a compound annual growth rate in unit count that outpaces the majority of regional fast-casual brands at a comparable stage of development. The brand's most significant expansion signal came in 2024, when nine new locations were opened and the brand entered both South Carolina and Tennessee for the first time — geographic diversification that transforms Surcheros from a Georgia-Florida duopoly into a genuine multi-state Southeastern operator. The Q1 2024 multi-unit deal for seven Tennessee restaurants, combined with the Columbia, South Carolina opening set for December 2024, demonstrates that franchise development momentum is accelerating rather than plateauing. Looking ahead to 2025, the company has committed to opening at least 10 to 12 new units with a second Tennessee location confirmed in the pipeline, and active expansion targeting in Jacksonville, Birmingham, and Charlotte signals intentional geographic sequencing toward higher-population, higher-income suburban markets. The five-year projection of 100 additional units — encompassing both corporate and franchise development — would represent a tripling of the current system size, consistent with the company's stated projection that the brand will triple in size by 2026. The competitive moat Surcheros is building rests on three pillars: a differentiated brand identity rooted in Southern hospitality and fresh customization that creates genuine regional loyalty in the Southeast, an executive team with institutional QSR credentials who are accelerating operational infrastructure ahead of the growth curve, and a franchisee recruitment strategy focused on experienced multi-unit operators rather than single-unit owner-operators, which typically produces stronger unit performance and faster territory development. The brand's 2024 recognition on the Franchise Times Top 400 list provides independent third-party validation of systemwide sales credibility and operational scale. The 22 percent year-over-year systemwide sales growth recorded by Technomic for 2024 reflects both new unit contribution and organic demand growth — a combination that signals health at both the system level and the individual unit level.
The ideal Surcheros Fresh Grill franchisee candidate is an experienced business operator — ideally with backgrounds in multi-unit food service, hospitality management, or retail operations — who can execute the brand's Southern hospitality service culture at a consistent level across multiple locations. The brand's active recruitment of multi-unit operators is evidenced by the Tennessee seven-unit deal signed in Q1 2024, suggesting that prospective franchisees approaching Surcheros with single-unit intent may face a more selective evaluation process than those with demonstrated capacity to develop three or more units in a defined territory. Primary available development territories in 2025 include Jacksonville, Birmingham, and Charlotte, along with continued infill in Georgia, Florida, South Carolina, and Tennessee — all markets where the brand either has established presence or has identified consumer demand through its existing unit performance data. The franchise agreement term of 10 years with 10-year renewals provides a long-term operational framework that supports the capital recovery timeline associated with a mid-tier fast-casual investment. Prospective franchisees should anticipate a development timeline of approximately six to twelve months from franchise agreement signing to unit opening, reflecting the time required for site selection, lease negotiation, permitting, construction, and pre-opening training — timelines that Surcheros has actively worked to compress through the operational and build-out improvements led by Wiederhold since 2021. Investors considering resale or exit strategies should understand that the growing brand recognition and expanding systemwide sales provide increasingly favorable conditions for franchisee-to-franchisee transfers as the brand scales toward its 100-unit five-year target.
For investors conducting serious due diligence on the Surcheros Fresh Grill franchise opportunity, the investment thesis rests on three quantifiable pillars: a 29 percent year-over-year revenue growth rate from 2023 to 2024, an estimated $50 million in 2024 systemwide sales implying average unit volumes near $1.2 to $1.4 million, and a credentialed executive leadership team executing a disciplined multi-state expansion strategy targeting 100 additional units over five years. The brand's current FPI score of 39 — rated Fair by independent analysis — reflects the realities of a growth-stage regional concept that has not yet achieved the unit density, FDD financial disclosure depth, or systemwide operational consistency of a mature national franchise system, and investors should weigh this rating alongside the brand's demonstrable momentum and the leadership team's institutional QSR credentials. The absence of Item 19 financial performance disclosure in the current FDD is a due diligence gap that should be addressed through direct franchisee validation calls before any investment commitment is made. PeerSense provides exclusive due diligence data including SBA lending history, FPI scores, location maps with Google ratings, FDD financial data, and side-by-side comparison tools that allow investors to benchmark the Surcheros Fresh Grill franchise investment against comparable fast-casual concepts at similar stages of development — a capability that is essential when evaluating growth-stage brands where public financial data is limited. The PeerSense independent analysis framework is designed specifically for the moment when an investor transitions from general interest to committed due diligence, and the Surcheros Fresh Grill franchise profile on PeerSense aggregates the financial, operational, and territorial intelligence needed to make that transition with clarity and confidence. Explore the complete Surcheros Fresh Grill franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
FPI Score
39/100
SBA Default Rate
7.7%
Active Lenders
4
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Surcheros Fresh Grill based on SBA lending data
SBA Default Rate
7.7%
1 of 13 loans charged off
SBA Loan Volume
13 loans
Across 4 lenders
Lender Diversity
4 lenders
Avg 3.3 loans per lender
Investment Tier
Premium investment
$610,000 – $2,024,000 total
Surcheros Fresh 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
2020
4 approvals — best year on record for Surcheros Fresh Grill.
Top SBA State
Georgia
10 SBA-financed Surcheros Fresh Grill locations — the densest operator footprint.
Average Loan Size
$1.2M
Median $781K — use as a sizing anchor when modeling your own $Surcheros Fresh Grill unit.
Lender Concentration
92.3%
Concentrated
Share of Surcheros Fresh Grill approvals captured by the top 3 SBA lenders.
Surcheros Fresh Grill's SBA lending pipeline peaked in 2020 (4 approvals). The last five fiscal years account for 38% of cumulative volume ($8.2M approved). Operator density is highest in Georgia with 10 SBA-financed locations. Average funded ticket sits at $1.2M, with the median at $781K. Lender mix is concentrated: the top three SBA lenders account for 92.3% of approvals — credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$6,315
Principal & Interest only
Locations
Surcheros Fresh Grill — unit breakdown
Explore Funding for Surcheros Fresh Grill
Our business financing consultants help connect you with the right lending partners. No retainers — referral fee paid at closing.
Or get an instant analysis
Scan Your Deal Instantly