"In closing, I would just like to share the words of Dr. "We have 17 people in the pipeline and we have enough capital to scale this program to 60 to 65 franchisees over the next two years," Fluellen said. who started with Polk's Feast program before joining Everytable and whose picture Fluellen shared. This investment means Everytable franchisees can become owners with zero upfront capital and have a guaranteed salary for the first three years, with promising results as the company expands and with powerful stories of impact on individual franchisers like Dorsia, a mother of four from south L.A. So, over the last four years, we've been able to raise $9 million from foundations." What Sam knew from running a nonprofit is that there is a vehicle called 'program-related investments' - that because we're a public benefit corporation and social enterprise, we have access to capital, where foundations could actually invest in us. "We created a model called social equity franchising. "Economic insecurity is tied to food insecurity," Fluellen said, and while this was all a good start, he and Polk wanted to do even more to help establish economic mobility and generational wealth in communities. "And we'll have an additional seven stores between Los Angeles and New York by the end of 2023."įluellen explained that this scaling success doesn't just boil down to smart models and technology choices - it comes down to values, to the company's why. "We can currently have over 50 stores in Los Angeles, Southern California, and went to New York last year, where we have seven," Fluellen said. Thanks to its novel production, distribution and pricing model, Everytable is scaling up fast from the original 10 locations it started with in 2022. I'm talking about chef-prepared meals that are made every day - salads, hot plates, smoothies, snacks, everything you can think of - to get at that accessibility and affordability piece that we talked about earlier." So, you could get the same meal in a lower-income neighborhood for $2 cheaper than you can get in an affluent neighborhood, and all of our meals are priced between $6 to $9. "We also created a tiered pricing model, not for charity purchases, but understanding that we can bring value to whatever communities that we're in. "But we took it a step further," Fluellen said. "Economic insecurity is tied to food insecurity." - Bryce Fluellen. This is all possible thanks to a centralized production model, in which Everytable makes its own food with produce from local growers and does its own distribution with its own fleet, and which allows products to be produced for 50% lower costs than those of competitors.
If you can create something that can compete with fast food, but is healthier, accessible and affordable, we would utilize it.' And that was the impetus of Everytable." we are working two or three jobs just to maintain, we are on the go.
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We love learning how to cook healthier, we know it's better for us. "In a community where the average income is $13,000 a year, they would say the same thing that my kids said to me, 'Sam, we love fresh foods. He created a nonprofit called Feast, where parents from that same community will come together and learn how to cook healthy food. "Serendipitously, at the same time, right up the road about a mile away, our founder and CEO Sam Polk had left his career as a hedge fund trader in New York, moved back to Los Angeles and wanting to do something more purposeful, binge-watched food documentaries and said that he wanted to do something about the problem of food deserts. He tackled the problem with a variety of initiatives, including a local pop-up to feed young people and talk about social issues. "That is larger than most of the big cities in this country." was food insecure according to statistics gathered in July 2022.
"Our mission is to transform the food system to make delicious, nutritious food accessible and affordable to everyone, everywhere."įluellen added that 25% of the population in L.A. "Everytable is a public benefit corporation healthy food company," Fluellen said.
Video courtesy of Daniel Brown.įirst up was Bryce Fluellen, executive director of the Social Equity Franchise Program at Everytable, which is based in Los Angeles, California. Bryce Fluellen shares the Everytable mission statement.
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