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Daily Newsletter

06 December 2024

Daily Newsletter

06 December 2024

FranShares and Sloan partner for Everbowl’s expansion in Texas, US

The move builds on the brand's existing network of 90 outlets across 27 states.

ankita December 06 2024

FranShares has launched a new passive investment opportunity in collaboration with Sloan Capital to expand Everbowl franchise’s network into the Texas market.  

Everbowl is a superfood chain from Southern California known for its nutritious offerings tailored to health-conscious consumers seeking fast-casual dining options.  

The move enhances opportunities to build upon the brand's existing network of more than 90 outlets across 27 states. 

Accredited investors are invited to capitalise on Everbowl's growth trajectory by participating in this funding round, which seeks to raise $4m for the brand's ambitious plans.  

The minimum stake is set at $10,000, granting investors a chance to share in the financial success of Everbowl's planned launch of 24 new Texan locations.  

FranShares CEO Kenny Rose said: "We're always looking for three things when listing a franchise on FranShares — the brand, the operator and the opportunity.  

"Here, we have an extremely high-quality brand with a unique offering, an operator with an established history of success, and an opportunity to scale in both existing and new markets. I couldn't be happier that this is now available for investors." 

The investment proposition is enhanced by the involvement of sports legend Drew Brees and notable figures Jayson Tatum and Gary Vaynerchuk, who have already invested at the corporate level.  

Managed exclusively by Sloan Capital, this venture offers a unique opportunity for investors to engage with a rapidly expanding brand within the health-focused fast-casual sector. 

Sloan Capital CEO Justin Sloan said: "One great thing about our opportunity here is that we're not just figuring things out for the first time; we've been doing this for years." 

Everbowl's expansion plan includes an additional 350 locations currently under development across the US.  

The partnership with We Build Stuff aims to expedite the establishment of new outlets by mass-producing and swiftly installing Everbowl stores nationwide.  

In October 2024, Everbowl opened in Woburn, Massachusetts - its first venture into the Boston area.   

The new location is part of a five-store partnership deal with basketball star Jayson Tatum.  

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