About Stalk & Spade Franchise
Stalk & Spade is a plant based fast casual restaurant franchise that has been offering franchise opportunities since 2021, backed by Stalk & Spade LLC.
The brand serves a menu of 100% plant based burgers, chicken sandwiches, fries, shakes, and other comfort food favorites, proving that plant based dining can be just as satisfying and craveable as traditional fast food.
The franchise fee is $64,500 for a single location or $274,500 for five locations under the Market Accelerator Program ($54,900 per restaurant).
Stalk & Spade Franchise Cost & Fees
Minimum Investment
$767K
Average Investment
$1.0M
Maximum Investment
$1.3M
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $64,500 | One-time payment upon signing |
| Royalty Fee | 7% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Currently 2% of Gross Sales, although we have the right to increase up to 3% of Gross Sales upon notice to you | National brand fund |
| Total Investment Range | $767,050 – $1,323,150 | Includes build-out, inventory, working capital |
The investment range of $767K–$1.3M reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (7% of Gross Sales) and marketing fee (Currently 2% of Gross Sales, although we have the right to increase up to 3% of Gross Sales upon notice to you) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Background Check Fee | $650 | $650 |
| Initial Franchise Fee | $54,900 | $64,500 |
| Stalk & Spade To Go Location | $0 | $5,000 |
| Architectural Plans | $10,000 | $20,000 |
| Furniture, Fixtures and Supplies | $60,000 | $75,000 |
| Travel and living expenses while training | $2,500 | $7,500 |
| Signage (interior and exterior) | $13,000 | $30,000 |
| Purchase and installation of commercial kitchen | $230,000 | $290,000 |
| Premises construction and improvements | $295,000 | $610,000 |
| Real estate and utility security deposits and 3 months’ rent | $11,000 | $60,000 |
| Licenses and permits | $3,500 | $7,500 |
| Computer System (including installation of POS and inventory technology systems) | $13,000 | $25,000 |
| Insurance | $1,000 | $10,000 |
| Opening Marketing Spend | $10,000 | $20,000 |
| Miscellaneous opening costs | $5,000 | $10,000 |
| Opening inventory | $7,500 | $13,000 |
| Additional funds for three months of operations (excluding labor costs) | $50,000 | $75,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | The then-current initial franchise fee ($10,000 if the transferee is already a franchisee) |
| Renewal Fee | 50% of the then-current initial franchise fee |
| Technology Fee | Currently, $745 per month |
| Audit Fee | Cost of audit plus interest at the lesser of 1.5% per month or the highest commercial contract interest rate allowed by law on underpayment from the date of such underpayment |
| Local Marketing Requirement | 4.5% of Gross Sales |
| Advertising Cooperative Fees | Not applicable unless there is an advertising cooperative in place in your region. If applicable, may not exceed 4.5% of Gross Sales and expenditures will be credited towards the Local Advertising requirement above. |
| Additional Initial Training | $500 per day/per person |
| Additional Opening Training or Special Assistance | $500 per day/per person |
| Conference / Program Fee | Our then-current registration fee, which will vary by program ($0 to $1,000) |
| Proprietary Products | The price as established by the applicable approved supplier from time to time, which may include us or our affiliates |
| New Product / Supplier Testing | $2,500 per product or supplier |
| Insurance | Premiums and our costs and expenses |
| Relocation | Reasonable costs we incur |
| Restaurant Refurbishment | Will vary under the circumstances |
| Interest and Late Fees | Late fee of $50 per occurrence, plus interest on past due amounts at the lesser of 1.5% per month or the highest commercial contract interest rate allowed by law |
| Costs and Attorneys’ Fees | Will vary under the circumstances |
| Indemnification | Will vary under the circumstances |
| Standard Default Fee | Up to $500 per violation |
| Customer Complaint Handling Fee | Our actual costs and expenses incurred in resolving any customer complaints that you have failed to adequately address, anticipated to be a minimum of $100 per complaint |
| Additional Cure Expenses and Collection Costs | Our cost and expense if we take any action to cure any default by you under the Franchise Agreement, including costs of collection for unpaid amounts |
| Damages upon Termination | Will vary under the circumstances |
| Securities Offering | Our actual expenses |
| Tax Assessment | Our actual expenses |
| Site Development Extension | Up to $5,000 |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | approximately ten days of training |
| Classroom Training | 14 |
| On-the-Job Training | 94 |
| Training Location | Electronically, Wayzata, MN, or another Restaurant we designate |
| Additional Training | We provide seven days of opening assistance without charge. You are required to provide us with your proposed opening date at least thirty (30) days in advance. Once you have provided us with your proposed opening date and we have approved it, if you thereafter delay your opening without our approval, you will be responsible to pay an extension fee of $1,000 per day for each day that you delay your opening date in order to cover our costs for modified training and support for your opening. If, at any time during the operation of your Franchised Restaurant you request that we provide additional training, or if we determine that you require additional assistance or training, you must pay our then-current per diem training fee for each trainee, and you must reimburse us for all out of pocket costs and expenses incurred by our trainers associated with the additional training, including lodging, meals and travel arrangements of the trainers and other reasonable expenses. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive |
| Exclusive Territory | No |
| Territory Size | one (1) mile to three (3) mile geographic area |
| Description | Your Designated Area will generally consist of a one to three mile radius around the site of your Franchised Restaurant and will be illustrated on a map. The size and shape of your Designated Area will be based on our current criteria for size, demographics, and topological features. As long as you are in compliance with the Franchise Agreement and all other agreements between you, on the one hand, and us or one or more of our affiliates, on the other hand, we will not operate (directly or through an affiliate), or grant a third party the right to operate, a Restaurant within your Designated Area (other than at Non-Traditional Sites, as defined below) during the term of the Franchise Agreement. Other than as described in the immediately preceding sentence, your rights under the Franchise Agreement are non-exclusive, meaning that our and our affiliates’ activities are unrestricted. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10-year term |
| Renewal Term | new 10 year term |
| Renewal Fee | 50% of the then-current initial franchise fee |
| Renewal Conditions | If you are in good standing, upon expiration of your original Franchise Agreement and unless we advise you otherwise at least 90 days prior to the expiration of the term or unless you advise us otherwise at least 180 days prior to the expiration of the term, you will automatically acquire a successor franchise for a new 10 year term and will be required to sign the then current Franchise Agreement, which may contain terms and conditions that are materially different from, and less favorable to you than, those in your original Franchise Agreement. Franchisee must sign the then-current Franchise Agreement and pay a renewal fee equal to 50% of the then-current initial franchise fee. The then-current Franchise Agreement may have materially different terms and conditions than the initial Franchise Agreement. Franchisee must also remodel or upgrade the Franchised Restaurant in accordance with the specifications and standards then applicable for new Restaurants as we require. Franchisee and your Principal Owners must also execute general releases in favor of us and our affiliates. These terms are subject to applicable state law. |
| Transfer Fee | The then-current initial franchise fee ($10,000 if the transferee is already a franchisee) |
| Transfer Conditions | We have the right to approve all transfers. If we do not exercise our right of first refusal, we will not unreasonably withhold consent (see also m and o below). Qualification of transferee, payment of transfer fee, execution of current Franchise Agreement by transferee, execution of releases by transferor (also see r below). Subject to applicable state law. |
| Termination for Cause | Subject to applicable law, we can terminate the Franchise Agreement only if you are in default and, if the default is curable, you have failed to cure the default within the applicable period of time. Certain defaults are not curable. If we elect to terminate the Franchise Agreement, termination will generally be effective upon notice to you. However, certain types of default result in automatic immediate termination under Section 14.01 without notice to you, such as: your failure to pay debts as they become due; a bankruptcy or insolvency judgment against you; filing of a bankruptcy or similar petition against you that isn’t discharged within 30 days; appointment of a receiver or custodian over your assets; an unsatisfied judgment of $25,000 or more remains outstanding for 30 days or more; attachment of your accounts or levy of execution against your business or property; the filing of foreclosure proceedings against your assets if not dismissed within 30 days; the dissolution of liquidation of your entity; the “blocking” of your assets, property, or interests under laws and regulations relating to terrorist activities; and the failure to open your Franchised Restaurant within 6 months after the date of the Franchise Agreement. |
| Non-Compete Period | 3 years |
| Non-Compete Details | You may not have direct or indirect involvement in any competitive business anywhere in the U.S. For this purpose of this item q and item r below, a competitive business is a restaurant or similar food service provider deriving more than 20% of its revenue from the sale of either (1) plant-based foods; or (2) burgers; or (3) chicken-sandwiches; or some combination of the three; in a fast-casual, quick-service, drive-thru, catering or delivery format, and any party that grants franchises or licenses to operate such a business. For 3 years after termination or expiration, you may not engage in a competitive business (defined in q above) at the Premises or within 15 miles of another Restaurant or participate in the franchising or licensing of a competitive business. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | We expect only business entities, and not individuals, to sign the Franchise Agreement. Each entity must designate an Operating Partner who must meet with our approval. The Operating Partner must maintain a substantial (generally at least 5%, although we will make case-by-case determinations in our discretion) direct or indirect ownership interest in you, be the General Manager of your Franchised Restaurant or (with our prior approval) designate another person meeting with our approval to be the General Manager of your Franchised Restaurant. If you will operate multiple Franchised Restaurants pursuant to the Market Accelerator Program Addendum, your Operating Partner will be your Approved Operator unless (with our prior approval) you designate another person meeting with our approval to be your Approved Operator. Your Operating Partner must participate in and complete our Initial Training, and must have the authority to make decisions on your behalf and bind you with respect to matters and agreements between you and us. |
| Required Suppliers | You are required to purchase from our approved suppliers certain furniture and fixtures, art and décor, restaurant and catering supplies and wares, technology and related equipment for use in back-of-house operations, and a variety of other supplies and resources. As of the date of this Disclosure Document, we also maintain specific suppliers as the sole source of supply for certain foods, ingredients, beverages, supplies, and other products and services; you must purchase and maintain our designated POS System hardware and software from a single supplier, and you must use our designated architectural vendor for the creation of the architectural plans for your Franchised Restaurant as described above. You must also use our designated digital marketing vendor for digital marketing services. |
| Supply Restrictions | You may use in the operation of the Restaurant only the proprietary or nonproprietary equipment and supplies that we specify, and you must purchase or lease all equipment that we designate from our approved suppliers. We reserve the right to designate us or one or more of our affiliates as an Approved Supplier, or the only Approved Supplier, of any product or service necessary for the operation of your Restaurant in compliance with our standards. |
| Franchisor Revenue from Suppliers | We and/or our affiliates may derive revenue or other material consideration based on your purchases of goods and services from our approved suppliers in the form of promotional allowances, volume discounts, rebates, and other payments that approved or required suppliers make to us and our affiliates. We and our affiliates may use all amounts received from suppliers, whether or not based on your and other franchisees’ prospective or actual dealings with them, without restriction for any purposes that we and our affiliates deem appropriate. We do and reserve the right to receive payments from authorized suppliers that we retain as profit related to their dealings with our franchisees and the System, and suppliers may pay us based upon the quantities of products the System purchases from them. These payments will usually be based upon an amount per unit or percentage rebate, and generally range from 2% to 7% of the purchases you make from the vendor. We may receive payments from a supplier as a condition of our approval of that supplier. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Neither we nor our Parent or any of our affiliates offers any direct or indirect financing to franchisees or guarantees any obligations of any franchisee. |
Stalk & Spade Franchise Earnings — Item 19
Stalk & Spade does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
Stalk & Spade does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Stalk & Spade Litigation & Risk Flags
Clean Litigation RecordStalk & Spade has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Stalk & Spade System Growth
Total Units
1
Franchised
0
Company-Owned
1
Stalk & Spade currently operates 0 franchised locations and 1 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 0 | 0 | 0 |
| 2020 | 0 | 0 | 0 |
| 2021 | 0 | 0 | 0 |
| 2019 | 0 | 0 | 0 |
| 2020 | 0 | 0 | 0 |
| 2021 | 1 | 0 | 1 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 13 states: CA, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Revenue
$96K
Net Income
$96K
Total Assets
$588K
Audited by CliftonLarsonAllen LLP for year ending December 31.
Stalk & Spade Franchise — FAQ
The total investment to open a Stalk & Spade franchise ranges from $767,050 to $1,323,150, per their Franchise Disclosure Document. This includes the initial franchise fee of $64,500. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Stalk & Spade charges a royalty fee of 7% of Gross Sales of gross sales, plus a Currently 2% of Gross Sales, although we have the right to increase up to 3% of Gross Sales upon notice to you contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Stalk & Spade Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Stalk & Spade to ensure you have the most up-to-date version.
Stalk & Spade does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
Stalk & Spade has been franchising since 2021. The FDD shows an investment range of $767,050-$1,323,150, a 7% of Gross Sales royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $64,500 and the total investment ranges from $767,050 to $1,323,150 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Stalk & Spade and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Stalk & Spade or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com