Grand 7th
A Grand 7th store is a retail convenience store that sells grocery items, tobacco products, beer, wine, and other products tailored to the local area. Stores may also include an approved subleased tenant offering additional products or services, such as a quick-serve restaurant.
Your franchise match score
Food & Beverage
Brand highlights
- CEOFiras Hussain
- Headquarters1450 Brickell Bay Drive, Miami, FL, 33131
- Year founded2017
- Year started franchising2018
- IndustryFood & Beverage
- Locations open4 (+0 last three years)
Statistics & metrics
- Investment range$36,199 - $213,599
- Franchise fee$24,999
- Royalty3.75% of Gross Sales (1st through 5th Stores); 3.5% of Gross Sales (6th through 9th Stores); 3% of Gross Sales (10th and later Stores)
- Brand fundUp to 1% of Gross Sales; Currently 0.5% of Gross Sales
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Food & Beverage industry:
The food and beverage industry offers diverse franchise opportunities, ranging from fast-casual dining to specialty cafes and food trucks. This sector is a resilient choice for entrepreneurs passionate about culinary trends and customer service.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2021-05-19
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Grand 7th, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Grand 7th's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Grand 7th, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Grand 7th franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Grand 7th provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 4 |
| Franchise locations | 0 |
| Corporate locations | 4 |
System growth over time
FAQs
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