M&M Meat Shops vs LeanFeast Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of M&M Meat Shops vs LeanFeast including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$300,000 | $145,140 - $235,450 |
Franchise Fee |
$30,000 | $9,000 - $18,000 |
Royalty Fee |
3% | - |
Advertising Fee |
- | - |
Year Founded |
1980 | 2018 |
Year Franchised |
1981 | 2018 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/No | -/- |
Equipment |
No/No | -/- |
Inventory |
No/No | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
- | - |
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
17% of all franchisees own more than one unit
100% of current franchisees are owner/operators | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
Company Overviews
About M&M Meat Shops
From a single location in Kitchener, Ontario, M&M Food Market has grown rapidly to become Canada's largest retail chain of specialty frozen foods and among the most widely-respected, valued and iconic Canadian brands.
The idea behind M&M Food Market is a simple one. Every day, across our stores in Canada, we strive to provide our customers with choice cuts of restaurant-quality meats and wide variety of quality, nutritious meal options at amazing prices in a friendly, convenient, one-isle store environment.
Why M&M Food Market?
- Nearly 35 years of proven success with locations across Canada
- Leaders in the "ready to serve" & convenient meals category
- Established brand equity supported by regional and national advertising
- Hundreds of exclusive products available not available in grocery stores
- An 8 million member strong customer loyalty program
- Over 6.5 million flyers delivered weekly to homes across Canada
- Small footprint stores designed for optimal efficiency with low overhead
- Simple & cost-effective "Owner Operator" labour model
- Reasonable operating hours that allow for personal time and a life beyond the store
- A complete turnkey franchise package with comprehensive training and effective, hands-on, on-site support by an experienced and dedicated operations team
Our Products
M&M Food Market uses only the finest products from well-established, reputable suppliers who can guarantee both consistency and quality. Our stores carry a wide variety of over 425 products. The M&M Food Market product line is developed and maintained under a private trademark label. We strive to create a diverse product line that caters to a variety of lifestyles.
#35 in Canada's Top franchises.
About LeanFeast
LeanFeast offers a variety of ready to heat-and-eat freshly prepared meals using
fresh, healthy ingredients and proprietary recipes. This is a food
preparation business that is dedicated to making fresh and healthy meals
that are ready to heat-and-eat along with a variety of beverages
available for carry-out, delivery or consumption on the premises, under
the name LeanFeast.
-
Low investment
-
No restaurant experience needed
-
Operate efficiently with minimal labor
-
Social media presence throughout our operations
-
Take part in four solid revenue streams that will benefit your business
-
Learn about our proprietary marketing and referral program
-
Location assistance and operational guidance
-
Large protected territory
-
Multiple location incentives
-
Access to our proprietary educational platform
The Initial Franchise Fee is $18,000 with protected rights to operate
in a specific area as defined by the franchisor. Additional franchises
may be available for those franchisees who have bought at least one
franchise, at a reduced fee of $9,000 per franchise.
The total estimated
initial investment required to begin operation of a LeanFeast ranges
from $145,140 to $235,450 depending on a number of factors that are more
fully discussed in Item 7. This includes the required purchases in the
amount of $6,114.00 to $8,950.00 (as discussed in Item 8) that must be
paid to Franchisor or an affiliate and the Initial Franchise Fee of
$18,000 (as discussed in Item 5) that must be paid to the Franchisor or
affiliate.