Stalk & Spade franchise
2022 filing · April 30, 2022
Stalk & Spade at a glance
A plant-based fast-casual restaurant serving burgers, fries, chick'n and frozen treats. At the end of 2021 there were 1 Stalk & Spade locations in the US, all company-owned.
The business
- Franchisor
- Stalk & Spade Franchising LLC
- The company that sells the franchises
- Franchising since
- 2021
- First location
- 2021
- Franchisor based in
- Wayzata, Minnesota
- Typical size
- 2,000–2,500 sq ft
What you pay
- Cost to open
- $767K–$1.32M
- Fee, build-out and opening working capital
- Franchise fee
- $64,500
- Paid once, when you sign
- Royalty
- 7% + minimum
- 7% of gross sales, paid monthly, subject to a minimum royalty
- Brand fund
- 2%
- 2% of gross sales, paid monthly; it can rise to 3%
- Renewal fee
- See terms
- 50% of the then- current initial franchise fee
- Agreement length
- 10 years
- Territory
- Protected
- Protected territory
Where it is
- US locations, 2021
- 1
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 1
- Change in 3 years
- 0
- Franchised locations, 2019–2021
From Stalk & Spade Franchising LLC’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Stalk & Spade among all franchises with the same figure.
| Figure | Stalk & Spade | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $1,045,100 | Costs more than 84% of franchises |
| Franchise feePaid once, when you sign | $64,500 | Higher than 92% of franchises |
| RoyaltyShare of sales paid to the franchisor | 7% | Higher than 70% of brands with a set rate |
| US locationsFranchised and company-owned | 1 | Fewer than 88% of franchises |
How much a Stalk & Spade franchise costs
Opening one Stalk & Spade costs an estimated $767,050 to $1,323,150. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are premises construction and improvements ($295,000 to $610,000) and purchase and installation of commercial kitchen ($230,000 to $290,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Background Check Fee | $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 | |
| Total | $767,050 | $1,323,150 | |
Source: Stalk & Spade Franchising LLC, 2022 filing, page 23
Stalk & Spade franchise fee
The franchise fee is $64,500. You pay it when you sign the franchise agreement.
Source: Stalk & Spade Franchising LLC, 2022 filing, page 15
Royalty and ongoing fees
| Royalty | 7% of gross sales, paid monthly, subject to a minimum royalty. |
|---|---|
| Brand or marketing fund | 2% of gross sales, paid monthly; it can rise to 3%. |
| Renewal Fee | 50% of the then- current initial franchise fee |
| Additional Opening Training or Special Assistance | $500 per day/per person |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Stalk & Spade Franchising LLC, 2022 filing, page 16
Other fees as filed, from pages 17–18. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Stalk & Spade does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Stalk & Spade Franchising LLC, 2022 filing, page 56
- Estimate Estimated yearly sales per location
- $780K–$1.4M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
How Stalk & Spade compares
Of the 309 fast food franchises on this site, Stalk & Spade is the 260th cheapest to open and the 276th largest by number of locations.
| Figure | Stalk & Spade | Typical fast food brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $767K | $353K | $222K |
| Cost to open, high end | $1.32M | $786K | $477K |
| Franchise fee | $65K | $35K | $40K |
| Royalty | 7% | 6% | 6% |
| Brand fund | 2% | 2% | 2% |
| US locations | 1 | 23 | 21 |
| Shares earnings figures | No | 189 of 309 | 2,147 of 3,352 |
Typical is the median across the 309 brands in fast food franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2019 | 0 (0) | 0 | 0 | 0 |
| 2020 | 0 (0) | 0 | 0 | 0 |
| 2021 | 0 (0) | 1 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: fast food franchise costs and franchise failure rates.
Source: Stalk & Spade Franchising LLC, 2022 filing, page 56
Who owns Stalk & Spade?
Stalk & Spade franchises are sold by Stalk & Spade Franchising LLC.
From Stalk & Spade Franchising LLC’s 2022 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Stalk & Spade Franchising LLC, 2022 filing, litigation on page 15, bankruptcy on page 15
Stalk & Spade filings
The figures on this page come from Stalk & Spade Franchising LLC’s 2022 filing, issued April 30, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | April 30, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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