Start a Mr. Potato Spread Franchise in 2025

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $169K - $256K

Units as of 2021: 2 100.0% over 3 years

Founded in 2014, Mr. Potato Spread brings the skin to the game with their potato-themed eatery. French fries, baked potatoes, mashed potatoes, and tater tots are just some of the fare that you’ll get at Mr. Potato Spread. The loaded varieties of their potato dishes, including their trademarked dish, The Crab Pot, may separate the company from the other eateries.

Starches are an essential part of our diet, and Mr. Potato Spread offers gourmet versions of those required starches with additions like smoked sausage, hard-boiled eggs, bay seasoning, garlic butter, and others to jazz up the traditionally bland flavor profile of a regular baked potato.

Mr. Potato Spread has been franchising since 2021 and is actively seeking to expand its reach across the United States.

Why You May Want To Start a Mr. Potato Spread Franchise

The road of creation was long for the husband and wife owners of Mr. Potato Spread, who started out serving loaded potatoes in their home. Next, they ran the gauntlet of a commercial kitchen, food truck, and quick service restaurant together while honing their recipes for the next step of accepting new franchisees to adopt their concept.

Mr. Potato Spread believes it offers a unique concept within the dining industry as there were only a few potato-focused eateries before Mr. Potato Spread entered the market. You can get some of these dishes and sides at other establishments, but they’re typically regulated to just side dishes at those places. At Mr. Potato Spread, franchisees are expected to offer attention to detail and use quality ingredients throughout.

What Might Make a Mr. Potato Spread Franchise a Good Choice?

The restaurant's uniqueness and ability to either purchase a stand-alone restaurant or a food truck may separate Mr. Potato Spread from other food franchising opportunities. The quality of the food and the menu could also separate Mr. Potato Spread from other eateries.

To be part of the Mr. Potato Spread team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.

How To Open a Mr. Potato Spread Franchise

As you decide if opening a Mr. Potato Spread franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Mr. Potato Spread franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

As part of your due diligence, you may want to speak to existing franchisees and ask the Mr. Potato Spread franchising team questions.

If awarded a franchise, franchisees may receive support from the Mr. Potato Spread brand throughout the franchising process. In addition to pre-opening training, Mr. Potato Spread franchisees receive support through site selection, grand opening support, and social media. Franchisees may also receive hands-on training and continued support after opening their franchise location.

Company Overview

About Mr. Potato Spread

Industry	Food
Related Categories	Miscellaneous Quick-Service Restaurants, Food: Quick Service
Founded	2014
Leadership	Lakita Spann, CEO
Corporate Address	9501 Arlington Expressway, #190 Jacksonville, FL 32225

Business Overview

Franchising Since	2021 (4 years)
# of employees at HQ	10
Where seeking	This company is offering new franchises throughout the US. This company is offering new franchises worldwide.
# of Units	2 (as of 2021)

Information for Franchisees

Here's what you need to know if you're interested in opening a Mr. Potato Spread franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$25,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$168,800 - $255,800
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$25,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$25,000
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	5%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	to 1%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	Mr. Potato Spread has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	27 hours
Classroom Training	32.5 hours
Ongoing Support	Grand Opening Site Selection
Marketing Support	Social Media

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	Yes
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes