Franchise Deep Dive: I Heart Mac & Cheese Franchise Costs, Fees, Profit and Data

I Heart Mac & Cheese is known for its customizable macaroni and cheese bowls that are made to order, as well as their grilled cheese sandwiches. This American fast-casual restaurant chain competes against other pasta franchises in the industry such as Fazoli’s and Noodles & Company.

I Heart Mac & Cheese has around 35 locations. The south Florida based brand has most of its locations in the United States, but the brand also has two locations in Canada.

I Heart Mac & Cheese primarily offers in-line, order at the counter service. The menu includes made-to-order macaroni and cheese bowls and customizable grilled cheese sandwiches, as well as sides, desserts and drinks. Online order and catering options are also available.

As a franchise system, I Heart Mac & Cheese does not publicly disclose financial performance representations or return-on-investment data. Earnings can vary greatly, depending on factors like location and management. Potential franchisees should carefully review the franchise disclosure document (FDD) and speak with existing franchisees to better understand the potential financial performance.

The estimated total investment necessary to begin the operation of an I Heart Mac & Cheese Franchise ranges from $277,500 – $756,300. A breakdown of initial investment costs according to the brand’s 2022 FDD are indicated below:

• Real Estate/Rent: $4,000 - $7,000
• Utility Deposits: $1,000 - $2,000
• Leasehold Improvements, Build Out & Permits: $90,000 - $500,000
• Architecture Expenses: $7,600 - $14,000
• Insurance: $2,500 - $6,000
• Office Equipment and Supplies: $500 - $2,500
• Pre-Opening Training Expenses: $1,000 - $3,000
• Furniture, Fixtures and Equipment: $70,000 - $102,000
• Grand Opening Advertising: $12,000
• Business Licenses: $500 - $1,000
• Grand Opening Supplies: $4,300
• Legal & Accounting: $4,000
• Dues and Subscriptions: $100 - $500
• Audio/Visual/Security System: $25,000 - $30,000
• Additional Funds: $19,000 - $20,000

Franchisees must also pay an ongoing royalty fee of 5% of gross sales. The I Heart Mac & Cheese franchise fee is $35,000 for the first unit and $25,000 on all additional units.