Risk Score
Pending analysis
Investment Range
$201,893 - $521,870
Franchise Fee
$20,000
Total US Locations
9
Business Summary
Squeeze In Restaurant operates businesses that serve high-quality breakfast and lunch in a fun, friendly environment. Guests can choose from a varied menu that includes dozens of specialty omelets, standard breakfast items, sandwiches, burritos, and salads. The restaurants also offer beer, mimosas, and Bloody Marys, and guests are encouraged to sign the walls.
Corporate History
Squeeze In Franchising, LLC was formed in 2013 as a Nevada limited liability company. Its affiliates have been operating Squeeze In Restaurants since 2010 and 2011 in Reno, Nevada, and since 2012 in Sparks, Nevada. Squeeze In Franchising, LLC began offering franchises for the operation of Squeeze In Restaurants in September 2014. One company-affiliated restaurant in Carson City, Nevada, was sold to a franchisee in 2022.
Financial Overview
Investment Range
$201,893 - $521,870
Franchise Fee (Low)
$20,000
Franchise Fee (High)
$40,000
Royalty %
5%
Marketing %
2%
Equipment Costs (Low)
$84,000
Equipment Costs (High)
$320,670
Working Capital
$18,288
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
Squeeze In Franchising, LLC has negative members' equity for 2022 and 2023, though it improved from $(57,979) in 2022 to $(10,146) in 2023. However, the company's current assets ($181,798 in 2023) consistently exceed its current liabilities ($87,944 in 2023), indicating positive working capital. Cash holdings have significantly increased from $5,942 in 2021 to $176,238 in 2023. While the company reported a net loss in 2022, it returned to profitability in 2023 with a net income of $47,833. The auditors issued an unqualified opinion on the financial statements, implying no material misstatements or unresolved going concern issues that would modify the opinion.
Financing Details
Squeeze In Franchising, LLC does not offer any direct or indirect financing to its franchisees. The company also does not receive payments from third parties for arranging financing, nor does it guarantee any financial obligations for franchisees, such as notes or leases. Franchisees are responsible for securing their own funding.
Performance Metrics
Total US Locations
9
Franchised Units
4
Corporate Units
5
Avg Square Footage
2,000
Franchising Since
2014
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
Squeeze In Franchising, LLC has no litigation to report in this section of the Franchise Disclosure Document.
Bankruptcy History
Squeeze In Franchising, LLC has no bankruptcy history to report.
Agreement Terms
Initial Term
10 years
Renewal Term
10 years
Renewal Conditions
To renew, Squeeze In Restaurant franchisees must not be in default of their agreements. They need to provide advance notice, pay a successor fee, and upgrade their restaurant to meet the then-current brand standards. Franchisees must also sign the franchisor's current franchise agreement, which may have different terms and conditions, and sign a general release. Additionally, they may be required to attend new training.
Training & Support Program
Franchisor Assistance
Squeeze In Franchising, LLC provides extensive support to its franchisees. Before opening, Squeeze In Franchising, LLC furnishes a list of Brand Standards for leasehold improvements, furniture, fixtures, equipment, signage, and trade dress, as well as a list of approved supplies, products, and services along with designated suppliers. The franchisor offers initial training for up to four individuals, including the Controlling Principal/General Manager and Kitchen Manager, and loans a copy of the Brand Standards Manual. For the first restaurant, three operations representatives provide on-site pre-opening and opening assistance for at least six days, with franchisees reimbursing their costs. General pre- and post-opening guidance is also given, and the franchisor connects the franchisee to its web-based Squeeze In Operating System when available. After opening, ongoing support includes maintaining the Squeeze In Operating System connection, offering advice on publicity and promotions, providing staff for consultation via telephone or email during business hours, and supplying updates to the Brand Standards Manual. Franchisees are invited to mandatory conventions and seminars, and Squeeze In Franchising, LLC or its affiliates may sell approved supplies if manufactured or distributed by them, and provides promotional and marketing materials and templates.
Initial Training Hours
160
Training Location
Reno, Nevada
Ongoing Support
Squeeze In Franchising, LLC provides ongoing support to its franchisees after their restaurants open. This includes implementing and maintaining their connection to the web-based Squeeze In Operating System. The franchisor also offers advice and assistance for planning publicity and promotions, including print media and display advertising. Franchisees have access to the franchisor's staff for consultation via telephone, fax, written communication, or email during regular business hours, and receive additions and supplements to the Brand Standards Manual as they become available. Franchisees are invited to mandatory conventions, seminars, and other franchisee-oriented functions, and the franchisor may sell approved supplies and provides promotional and marketing materials and templates.
Franchise Requirements
Ideal Candidate Profile
Squeeze In Franchising, LLC looks for prospective franchisees who are typically newly formed entities or individuals interested in owning and operating a breakfast-focused restaurant. Ideal candidates usually have some prior experience in the restaurant or food service business sector.
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
retail
Owner Participation
hands-on
Territory Type
protected
Territory Size Requirements
Squeeze In Franchising, LLC defines its franchise territories as approximately a 3-mile radius around the approved restaurant location, measured by metes and bounds. The exact size of the territory may be adjusted slightly larger or smaller based on the population density surrounding the Squeeze In Restaurant, and any areas with existing contractual commitments are excluded.
Staffing Notes
Squeeze In Franchising, LLC requires franchisees to appoint a Controlling Principal who is approved by the franchisor to supervise and manage all aspects of the business. Each Squeeze In Restaurant must also have a full-time General Manager and a Kitchen Manager who meet the franchisor's eligibility standards and Brand Standards. These key personnel, along with up to two other designated individuals, form the 'Training Team' and must successfully complete the initial training program before the restaurant opens. The franchisor explicitly states that it does not dictate or control labor or employment matters for franchisees or their employees, and franchisees are solely responsible for setting wages, benefits, hours, assignments, supervision, work rules, hiring, and tenure.