Following a trademark dispute with another emerging fast casual, Modmarket switched its name to Modern Market in November. Co-founder Anthony Pigliacampo explained the change as a natural progression for the brand, which strives to be a modern-day market for healthful, clean foods. The farm-fresh chain has maintained its effort to be more than just a restaurant, striving to be a holistic brand that changes the way people eat—but for an affordable price point, around $10.
|2015 Systemwide Sales||$30,000,000*|
|% Change in Sales||85.2%|
|2015 U.S. Units||20|
|% Change in Units||100.0%|
|2015 Average Unit Volume||$2,000,000*|
|% Change in AUV||-1.5%|
|Future 50 Year||2016|