MUSCLE MAKER GRILL Franchise Complaints
Muscle Maker Grill franchise complaints include struggling, failing and unhappy franchise owners.
Are you a Muscle Maker Grill franchise owner, employee or customer? Please share your view of the Muscle Maker Grill franchise below.
(UnhappyFranchisee.Com) The Muscle Maker Grill franchise system, founded by Rod Silva and headquartered in Colonia, New Jersey, claims to be a rapidly growing success story.
According to a recent company press release:
Muscle Maker Grill®, a fast-casual restaurant franchise that serves freshly prepared meals with its guests’ health in mind, announces it has signed 13 franchise agreements to develop 22 locations throughout the country.
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Among the 22 franchises, which raises the total number of Muscle Maker Grill locations under development to 220, are the brand’s first Nebraska, Arizona, Nevada and North Carolina restaurants.
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“This is a significant achievement for Muscle Maker Grill and we are thrilled to report our steady growth and continued expansion into the Midwest and West,” said Rod Silva, founder of Muscle Maker Grill. “Our truly unique concept of great food with your health in mind is gaining popularity throughout the U.S. We look forward to helping each of our new franchisees grow their local presence with unparalleled corporate support.”
Are Muscle Maker Grill Franchises Successful?
Muscle Maker Grill has 70 locations listed as open on its website.
It’s press release states that it has 220 locations “under development” and will open 100 locations in the next few years.
But is Muscle Maker Grill’s hunger for growth stronger than its concern that every franchise location succeed?
The franchise failure/termination rate already appears to have reached about 14%.
The 2013 Muscle Maker Grill Franchise Disclosure Document (FDD) indicates that of the73 Muscle Maker Grill franchise restaurant locations that opened between 2010 and 2012, 10 (14%) failed or were terminated.
As some of those franchises were newly opened, it seems likely that failure rate will increase.
Each Muscle Maker Grill franchise represents an investment between $179,500 – $430,000.
Some of the franchise locations that have been deleted from the Muscle Maker Grill location list include:
- Miami, FL
- Chelsea, NY (92 8th Ave.)
- Englewood, NJ
- Long Branch, NJ
- Matawan, NJ
- Montclair, NJ
- West Caldwell, NJ
- Austin, TX
We hope Muscle Maker Grill franchise owners, employees and customers will share their thoughts and experiences (anonymous is fine) so prospective franchisees can make more informed decisions.
See the full Muscle Maker Grill press release here:
MUSCLE MAKER GRILL Franchise Announces Aggressive Growth Plans
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TAGS: Muscle Maker Grill, Muscle Maker Grill franchise, Muscle Maker Grill franchise complaints, Muscle Maker Grill complaints, healthy fast food, Rod Silva
Can someone who understands such things please explain: Why would anyone invest $1 in this stock? And how would these guys know anyone would invest in this company with this track record? There must be a reason, but it is beyond my understanding. I’d honestly appreciate some insight.
This is from December, 2019:
“Muscle Maker Inc. GRIL, -22.80% set terms of its initial public offering, in which the fast casual protein-based meals restaurant chain expects to raise up to $7 million. The company is offering 1 million shares of common stock in the IPO, which is expected to price between $5 and $7 a share. The company’s stock is expected to list on the Nasdaq under the ticker symbol “GRIL.” Alexander Capital is the book running manager of the IPO. Muscle Maker recorded a net loss of $5.4 million on revenue of $3.7 million for the nine months ended Sept. 30, after a loss of $6.7 million on revenue of $4.6 million in the same period a year ago. The company is looking to go public at a time the S&P 500 SPX, -0.16% has gained 5.4% over the past three months.
I have a lease on an amazing location for a quick service food concept above the Pasadena Rosebowl in So California and have been looking into which franchise I should put on my location. I was interested in MMG since it is healthy and I am in a food desert. Upon reading about all the negative issues that MMG has not addressed and the lack of profits, I will continue my search. My strength is in marketing and recipe development. I was hoping to gain the information of infrastructure & business development in franchise development by owning one of theirs. Thank you for helping me not waste my time and money. If you know of anyone interested in my location, please email admin and have them pass your info on to me. The property is large enough for two businesses. TIA