diff --git a/.gitattributes b/.gitattributes index bed0738c7eeb449bca98b5d2f33c89a1ee56349a..f2d4ab42edf3b651f216453deff59011cbeac303 100644 --- a/.gitattributes +++ b/.gitattributes @@ -58,3 +58,5 @@ saved_model/**/* filter=lfs diff=lfs merge=lfs -text # Video files - compressed *.mp4 filter=lfs diff=lfs merge=lfs -text *.webm filter=lfs diff=lfs merge=lfs -text +franchisedepth.sqlite filter=lfs diff=lfs merge=lfs -text +franchisedepth.xlsx filter=lfs diff=lfs merge=lfs -text diff --git a/AGENTS.md b/AGENTS.md new file mode 100644 index 0000000000000000000000000000000000000000..317ad6cf9d2178a9199d2e2607917a3e8332c592 --- /dev/null +++ b/AGENTS.md @@ -0,0 +1,249 @@ +# FranchiseDepth FDD Database, 2026 edition: guide for AI assistants and analysts + +Read this before querying. It says what every table and column means, the units, what NULL means, and how derived figures are computed. + +## Ground rules +- Every figure comes from a franchisor's Franchise Disclosure Document (FDD) as filed with a US state registry, or is calculated from those figures by the method stated below. +- NULL means not disclosed, not read, or not a single number. Never treat NULL as 0. +- Money is USD unless the column says otherwise. *_pct columns are percentages (6.5 = 6.5%). +- Join every table on brand_slug. brands has one row per brand. +- brands.edition_note is set when the FDD is not the brand's standard unit-franchise offer (master, regional, area representative, joint venture, license, non-traditional). Exclude those rows from unit-franchise comparisons. +- brands.hand_checked = 1 marks brands whose figures a FranchiseDepth audit checked against the FDD page by page. +- brands.older_fdd = 1 marks brands whose latest FDD on file is from 2022 or earlier. Filter on it when you need current filings, and say so when you cite one. +- Item 19 figures are what the franchisor chose to disclose, for the cohort it chose. Always state the cohort (cohort_label) and outlet_count with a figure. Compare brands with comparable_revenue, which applies one fixed rule. +- Figures are from the FDD year in brands.fdd_year. They describe that FDD, not today. +- This is information, not financial or legal advice. Verify any figure against the FDD before relying on it. + +## Tables + +### brands (25 rows) +One row per franchise brand: identity, the FDD the data comes from, and verification status. + +| column | type | meaning | +|---|---|---| +| brand_slug | TEXT | Primary key used by every table. Also the FranchiseDepth page path: franchisedepth.com/franchise// | +| brand_name | TEXT | Brand name as shown on FranchiseDepth. | +| legal_name | TEXT | Franchisor legal entity as filed. | +| industry | TEXT | FranchiseDepth industry code, e.g. food-quick-service, home-services-cleaning. | +| industry_label | TEXT | Readable industry name. | +| sub_category | TEXT | Narrower category where assigned, else NULL. | +| fdd_year | INTEGER | Issuance year of the FDD all of this brand's figures come from (the latest on file). | +| fdd_filing_state | TEXT | State registry the FDD was retrieved from (WI, MN, or other); NASAA EFD where noted. | +| fdd_effective_date | TEXT | FDD issuance/effective date (YYYY-MM-DD) where printed. | +| fdd_source_url | TEXT | Where the FDD can be looked up: the filing's own URL when known, else the state registry or NASAA EFD search page. | +| franchisedepth_url | TEXT | The brand's FranchiseDepth page, which shows the same figures. | +| hand_checked | INTEGER | 1 if a FranchiseDepth audit compared this brand's figures to the FDD page by page, else 0. | +| corrections_logged | INTEGER | Number of logged corrections applied to this brand's data, each recorded with the FDD page it was checked against. | +| older_fdd | INTEGER | 1 when the latest FDD on file is from 2022 or earlier: its figures may be out of date. Filter on it if you need current filings. | +| edition_note | TEXT | Non-NULL when the FDD on file is not the brand's standard unit-franchise offer (master, regional, area-representative, joint-venture, license, non-traditional or conversion program). Exclude these from unit-franchise comparisons. | + +### fees (25 rows) +Item 5, 6 and 7 money figures, one row per brand. NULL = not disclosed or not a fixed number (see fee_notes). + +| column | type | meaning | +|---|---|---| +| brand_slug | TEXT | Brand key. | +| initial_fee_low_usd | REAL | Item 5 standard initial franchise fee, low end (discounts are not the range; they are in fee_notes). | +| initial_fee_high_usd | REAL | Item 5 standard initial franchise fee, high end. | +| royalty_pct | REAL | Item 6 royalty as % of gross sales; the first/standard tier where tiered. NULL when the royalty is not a single % (see fee_notes). | +| royalty_min_monthly_usd | REAL | Minimum monthly royalty that applies from opening (steady-state amount where it steps up). With royalty_pct NULL, a fixed monthly royalty. | +| marketing_fee_pct | REAL | Brand/marketing fund contribution as % of gross sales. 0 = fund exists or is reserved but not currently charged. | +| marketing_min_monthly_usd | REAL | Minimum or fixed monthly marketing fund amount, where it applies from opening. | +| tech_fee_monthly_usd | REAL | Sum of fixed mandatory monthly technology/software fees paid to the franchisor or required vendors. | +| total_investment_low_usd | REAL | Item 7 total estimated initial investment, low end (new unit). | +| total_investment_high_usd | REAL | Item 7 total estimated initial investment, high end. | +| liquid_capital_usd | REAL | Minimum liquid capital the franchisor requires, where stated. | +| net_worth_usd | REAL | Minimum net worth the franchisor requires, where stated. | + +### fee_notes (25 rows) +Plain-text notes on fees that don't fit a single number: tiers, minimum schedules, discounts, fixed program fees. + +| column | type | meaning | +|---|---|---| +| brand_slug | TEXT | Brand key. | +| fee_notes | TEXT | Factual notes taken from Items 5-7 of the FDD. | + +### item19_figures (388 rows) +Every Item 19 financial performance figure on file: one row per metric x cohort. Long format; filter by metric and cohort. + +| column | type | meaning | +|---|---|---| +| brand_slug | TEXT | Brand key. | +| metric | TEXT | Normalized metric: gross_sales, total_revenue, gross_profit, net_profit, ebitda, average_ticket, transactions, labor_pct, occupancy_pct, other. | +| metric_label | TEXT | The metric's name as printed in the FDD. | +| cohort | TEXT | Normalized cohort: all_franchised, all_company_owned, performance_anchored (top/bottom bands, quartiles), open_24_plus_mo, open_12_24mo, open_lt_12mo, other. | +| cohort_label | TEXT | The cohort as printed in the FDD. | +| outlet_count | INTEGER | Outlets (or owners, where cohort_label says per franchisee) in the cohort. | +| period | TEXT | Reporting period as printed. | +| year | INTEGER | Reporting year. | +| unit_period | TEXT | annual, monthly or weekly: the period each value covers. | +| scope | TEXT | franchisee or company-owned. | +| avg_value | REAL | Average (mean). USD unless metric is a percentage (_pct metrics: percent). | +| median_value | REAL | Median. | +| min_value | REAL | Lowest value printed for the cohort. | +| max_value | REAL | Highest value printed for the cohort. | +| fdd_page | INTEGER | FDD page the figure was read from (PDF page), where recorded. | + +### comparable_revenue (25 rows) +One comparable revenue figure per brand that has one, picked by a single fixed rule so brands can be ranked. + +| column | type | meaning | +|---|---|---| +| brand_slug | TEXT | Brand key. | +| annual_revenue_usd | REAL | Gross sales or total revenue per outlet, annualized; median where printed, else average. | +| basis | TEXT | Which figure was used: median or average, the cohort and outlet count, and any annualization. | +| rule | TEXT | The selection rule (all-franchised cohort of 5+ outlets; never company-owned, top-performer or ramp-up cohorts). | + +### outlets_by_year (219 rows) +Item 20 Table 1: outlets at year end by outlet type, as printed. + +| column | type | meaning | +|---|---|---| +| brand_slug | TEXT | Brand key. | +| year | INTEGER | Year (FDD fiscal year). | +| outlet_type | TEXT | franchised, company-owned or total. | +| outlets_start | INTEGER | Outlets at start of year. | +| outlets_end | INTEGER | Outlets at end of year. | + +### turnover_by_year (75 rows) +Item 20 Table 3 (and Table 2 transfers): what happened to franchised outlets each year, as printed. + +| column | type | meaning | +|---|---|---| +| brand_slug | TEXT | Brand key. | +| year | INTEGER | Year. | +| outlets_start | INTEGER | Franchised outlets at start of year. | +| opened | INTEGER | Outlets opened. | +| terminated | INTEGER | Terminations. | +| non_renewed | INTEGER | Non-renewals. | +| reacquired | INTEGER | Reacquired by the franchisor. | +| ceased_other | INTEGER | Ceased operations for other reasons. | +| transferred | INTEGER | Transfers to new owners (Table 2); NULL where not read. | +| outlets_end | INTEGER | Franchised outlets at end of year. | + +### outlets_by_state (2,366 rows) +Item 20 outlets at year end by US state (and territory codes where printed). + +| column | type | meaning | +|---|---|---| +| brand_slug | TEXT | Brand key. | +| year | INTEGER | Year. | +| state | TEXT | Two-letter state or territory code. | +| outlets_end | INTEGER | Outlets in that state at year end (all outlet types combined unless the FDD splits them). | + +### agreement_terms (11 rows) +Item 17 franchise agreement terms, where extracted with high confidence. Partial coverage. + +| column | type | meaning | +|---|---|---| +| brand_slug | TEXT | Brand key. | +| term_years | REAL | Initial term, years. | +| renewal_count | INTEGER | Number of renewal terms. | +| renewal_term_years | REAL | Length of each renewal term, years. | +| renewal_fee | TEXT | Renewal fee as stated. | +| transfer_fee | TEXT | Transfer fee as stated. | +| cure_period_days | INTEGER | Cure period for defaults, days, where stated. | +| noncompete_post_term_years | REAL | Post-term non-compete, years. | +| noncompete_post_term_radius_miles | REAL | Post-term non-compete radius, miles. | +| dispute_resolution | TEXT | Dispute resolution method (arbitration, mediation, litigation). | +| governing_law_state | TEXT | State whose law governs the agreement. | +| fdd_page | INTEGER | FDD page of Item 17, where recorded. | + +### brand_metrics (25 rows) +Figures FranchiseDepth calculates from the tables above, one row per brand. Methods in AGENTS.md. + +| column | type | meaning | +|---|---|---| +| brand_slug | TEXT | Brand key. | +| total_outlets | INTEGER | Total outlets, latest year: the FDD's Table 1 total row, or franchised + company-owned for that year when the FDD prints no total row. | +| franchised_outlets | INTEGER | Franchised outlets, latest year. | +| company_outlets | INTEGER | Company-owned outlets, latest year. | +| states_count | INTEGER | US states with at least one outlet, latest year. | +| closure_rate_pct | REAL | Closure rate, % (method in AGENTS.md). NULL only when the FDD gives nothing to compute it from; closure_note says why. | +| closures | INTEGER | Terminations + non-renewals + ceased operations counted in closure_rate_pct. | +| closures_not_itemized | INTEGER | Part of closures filled from the table's start, opened and end counts because a cause cell was blank. | +| reacquired | INTEGER | Outlets the franchisor reacquired in the same years. Shown beside the rate, not counted in it (the location stays open). | +| franchised_outlet_years | INTEGER | Franchised outlets at the start of each year, summed over the years used (the denominator). | +| closure_year_from | INTEGER | First year used. | +| closure_year_to | INTEGER | Last year used. | +| closure_ranking_eligible | INTEGER | 1 when the base averages at least 20 franchised outlets a year (FranchiseDepth's ranking floor). | +| closure_note | TEXT | Why closure_rate_pct is NULL, when it is. | +| growth_pct | REAL | Outlet growth, % (method in AGENTS.md). | +| growth_outlets_from | INTEGER | Total outlets at the end of growth_year_from. | +| growth_outlets_to | INTEGER | Total outlets at the end of growth_year_to. | +| growth_year_from | INTEGER | First year-end of the growth window. | +| growth_year_to | INTEGER | Last year-end of the growth window. | +| growth_ranking_eligible | INTEGER | 1 when the window is three year-ends and starts at 20+ outlets. | +| all_in_fee_pct | REAL | Royalty % + marketing-fund % (method in AGENTS.md). | +| all_in_basis | TEXT | 'royalty + marketing fund', or 'royalty only (no marketing-fund % listed)'. | + +### alternatives (250 rows) +Up to 10 similar brands per brand, the list FranchiseDepth's alternatives pages use: same industry, same sub-category first, then closest Item 7 investment low end, ties to the larger system. Complete database only. + +| column | type | meaning | +|---|---|---| +| brand_slug | TEXT | The brand the alternatives are for. | +| rank | INTEGER | 1 = most similar. | +| alternative_slug | TEXT | The alternative brand (join to brands.brand_slug). | +| alternative_name | TEXT | The alternative's brand name, so the table reads on its own. | +| same_sub_category | INTEGER | 1 when the alternative shares the brand's sub-category. | +| alternative_investment_low_usd | REAL | The alternative's Item 7 total investment, low end. | +| investment_gap_usd | REAL | Absolute difference between the two brands' Item 7 low ends; NULL when either is not disclosed. | +| alternative_total_outlets | INTEGER | The alternative's total outlets, latest year. | + +### peer_ranks (171 rows) +Where each brand ranks against its peers on 8 metrics: the table on every FranchiseDepth brand page. Peers = the brand's sub-category when at least 8 peers disclose the metric, else its industry. Edition-only and cut brands are not peers. Complete database only. + +| column | type | meaning | +|---|---|---| +| brand_slug | TEXT | Brand key. | +| metric | TEXT | inv_low (Item 7 low end, USD), fee_low (Item 5 initial fee low end, USD), royalty (%), allin (royalty + marketing fund, %), liquid (liquid capital required, USD), outlets (total), growth (outlet growth %, brand_metrics method), closure (closure rate %, brand_metrics method). | +| value | REAL | The brand's value on the metric. | +| rank | INTEGER | 1 = best end of the peer group: lowest for cost, fee and closure metrics, highest for outlets and growth (see rank_order). | +| peers | INTEGER | Brands in the peer group with the metric disclosed, the brand included. | +| peer_median | REAL | Median of the peer group. | +| rank_order | TEXT | 'lowest first' or 'highest first'. | +| peer_group | TEXT | The sub-category name, or the industry when the sub-category has fewer than 8 peers. | + +### value_ratios (25 rows) +Revenue relative to cost, the figures behind FranchiseDepth's revenue-to-investment and revenue-per-royalty-point rankings. Revenue is comparable_revenue (not profit). Complete database only. + +| column | type | meaning | +|---|---|---| +| brand_slug | TEXT | Brand key. | +| comparable_annual_revenue_usd | REAL | comparable_revenue.annual_revenue_usd. | +| investment_midpoint_usd | REAL | Midpoint of the Item 7 total investment range ((low + high) / 2). | +| revenue_to_investment | REAL | comparable_annual_revenue_usd / investment_midpoint_usd. NULL when the Item 7 low end is under $50,000 (home-based and agent models). | +| royalty_pct | REAL | fees.royalty_pct. | +| revenue_per_royalty_point_usd | REAL | comparable_annual_revenue_usd / royalty_pct: revenue per percentage point of royalty. NULL without both figures or with a 0% royalty. | + +### closure_by_year (75 rows) +Closure rate per brand per year, on the same method as brand_metrics.closure_rate_pct. + +| column | type | meaning | +|---|---|---| +| brand_slug | TEXT | Brand key. | +| year | INTEGER | Fiscal year. | +| franchised_outlets_start | INTEGER | Franchised outlets at the start of the year (summed over programs or state rows where the FDD prints several). | +| closures | INTEGER | Terminations + non-renewals + ceased operations. | +| closures_not_itemized | INTEGER | Part of closures filled from the year's start, opened and end counts. | +| closure_rate_pct | REAL | closures / franchised_outlets_start x 100. | + +## Views +- v_brand_summary: one row per brand with fees, outlets, closure rate, outlet growth, all-in fee and comparable revenue. +- v_closure_history: closure rate per brand per year, with the printed Table 3 columns beside it. +- v_state_footprint: outlets by state, latest year per brand. +- v_fee_burden: all-in fee (royalty + marketing % of sales) per brand. + +## Methods (the same formulas every FranchiseDepth page uses) +- Closure rate = franchised terminations, non-renewals and ceased operations ÷ franchised outlets at the start of each year, over the latest three years of Item 20. Where a cause is blank, it is filled from the table's start, opened and end counts. Transfers and reacquisitions are not closures. closure_rate_pct is reported whenever it can be calculated; closure_ranking_eligible marks an average of 20+ franchised outlets a year. +- Outlet growth = change in total outlets (franchised + company-owned) between the first and last year-end of the latest three years of Item 20. growth_ranking_eligible marks a full three-year window starting at 20+ outlets. +- All-in fee = royalty % + marketing-fund % of gross sales (Item 6). A blank marketing-fund % counts as 0 and is labelled royalty only. +- alternatives, peer_ranks and value_ratios (complete database) use the same rules as FranchiseDepth's alternatives pages, brand-page peer tables and revenue rankings; the table descriptions give each rule. +- comparable_revenue: gross sales or total revenue for an all-franchised cohort of 5+ outlets; median where printed, else average; weekly or monthly figures annualized; company-owned, top-performer, ramp-up and per-transaction figures excluded. +- outlets_by_year and turnover_by_year are the FDD's own Item 20 tables as printed. Where an FDD's tables disagree with each other, both are kept as printed. + +## The database documents itself +- SELECT * FROM table_docs; -- every table with its description and row count +- SELECT * FROM column_docs WHERE table_name = 'fees'; -- every column with its meaning +- SELECT * FROM meta; -- edition, build date, licence diff --git a/AI_GUIDE.md b/AI_GUIDE.md new file mode 100644 index 0000000000000000000000000000000000000000..55f9bfd5caa5a0846aa9fc32b4cf34251e8f75dd --- /dev/null +++ b/AI_GUIDE.md @@ -0,0 +1,47 @@ +# Using the FranchiseDepth database with AI assistants + +This folder works with any assistant that accepts file uploads. Pick the files that match what you want to do, upload them, and give the assistant the instructions in `AI_INSTRUCTIONS.txt` (paste it as your first message, or into the instructions box of a custom assistant). + +## Which files to upload + +| You want to... | Upload | +|---|---| +| Ask quick questions about fees, earnings, closures or growth across brands | `brand_summary.csv` | +| Read about specific brands in one industry | the industry's file in `profiles_by_industry/` | +| Run deeper analysis (the assistant writes code) | `franchisedepth.sqlite`, or the files you need from `csv/` | +| Look up every column and method | `AGENTS.md` | + +Upload limits depend on each tool and plan. If a file is too big, start with `brand_summary.csv`, which is small, or one industry's profile file. + +## ChatGPT +- **One chat:** attach `brand_summary.csv` (and any `csv/` files you need) with the paperclip, then paste `AI_INSTRUCTIONS.txt` as your first message. +- **Your own GPT** (on plans that offer GPTs): create a GPT, paste `AI_INSTRUCTIONS.txt` into Instructions, upload `brand_summary.csv`, `AGENTS.md` and the industry profile files you want as Knowledge, and turn on the code/data-analysis capability. +- ChatGPT's data analysis can often open `franchisedepth.sqlite` with Python. If it can't, use the CSV files instead. + +## Claude +- **One chat:** attach `brand_summary.csv` or a profile file and paste `AI_INSTRUCTIONS.txt`. +- **A Project:** create a project, paste `AI_INSTRUCTIONS.txt` into the project instructions, and add `brand_summary.csv`, `AGENTS.md` and profile files to the project knowledge. +- **Claude Desktop with live SQL:** connect the whole database with the MCP connector (steps in `README.txt`). Claude can then query every table directly. + +## Gemini +- **One chat:** upload `brand_summary.csv` (CSV and Excel files are accepted; several files can go in one prompt) and paste `AI_INSTRUCTIONS.txt`. +- **A Gem:** create a Gem, paste `AI_INSTRUCTIONS.txt` into its instructions, and add `brand_summary.csv` and profile files as its knowledge. +- **Google Sheets:** import `brand_summary.csv` into Sheets and use Gemini in Sheets on it. + +## Grok +- Attach `brand_summary.csv` (and a profile file if you like) with the paperclip, and paste `AI_INSTRUCTIONS.txt` as your first message. + +## Microsoft Copilot +- Upload `brand_summary.csv` in a Copilot chat and paste `AI_INSTRUCTIONS.txt`. +- With Copilot in Excel, open `franchisedepth.xlsx` and ask about the tabs directly. + +## Perplexity +- Create a Space, add `brand_summary.csv` and profile files, and paste `AI_INSTRUCTIONS.txt` into the Space's instructions. + +## Coding assistants (Cursor, Claude Code, Codex, Gemini CLI, GitHub Copilot) +- Open this folder as the project. They read `AGENTS.md` (and `CLAUDE.md` / `GEMINI.md`, which point to it) automatically. Ask them to query `franchisedepth.sqlite`. + +## Tips for good answers +- Ask for a table: "Compare these five brands' investment, royalty, closure rate and comparable revenue in a table." +- Ask for sources: "Give the FDD year for each figure and the page for Item 19 figures." +- Ask it to say when something isn't disclosed, rather than guess. diff --git a/AI_INSTRUCTIONS.txt b/AI_INSTRUCTIONS.txt new file mode 100644 index 0000000000000000000000000000000000000000..c2851d76421417615a3604374c0d49ed90c9198a --- /dev/null +++ b/AI_INSTRUCTIONS.txt @@ -0,0 +1,22 @@ +You are helping someone research US franchises with the FranchiseDepth FDD Database (Free sample (25 brands), compiled 2026-11-01, 25 brands). Every figure in the files comes from, or is calculated from, a brand's latest Franchise Disclosure Document (FDD) as filed with a US state. + +HOW TO ANSWER +1. Use only the files you were given. If the answer is not in them, say so. Do not fill gaps from memory or the web. +2. For every number, name the brand and the FDD year (fdd_year). For Item 19 earnings figures, also give the cohort and the FDD page (fdd_page). +3. A blank cell or NULL means "not disclosed". Never treat it as zero. +4. older_fdd = 1 means the brand's latest FDD on file is from 2022 or earlier. Say so whenever you use one. +5. Leave rows with an edition_note out of unit-franchise comparisons: they are master, area, regional or other non-standard offers. +6. Revenue is not profit. Item 19 figures describe the cohort the franchisor chose. comparable_annual_revenue_usd applies one fixed rule, so use it to compare brands. +7. Use the calculated figures exactly as defined: + - Closure rate = franchised terminations, non-renewals and ceased operations ÷ franchised outlets at the start of each year, over the latest three years of Item 20. Where a cause is blank, it is filled from the table's start, opened and end counts. Transfers and reacquisitions are not closures. + - Outlet growth = change in total outlets (franchised + company-owned) between the first and last year-end of the latest three years of Item 20. + - All-in fee = royalty % + marketing-fund % of gross sales (Item 6). A blank marketing-fund % counts as 0 and is labelled royalty only. + When ranking brands, use only rows where closure_ranking_eligible or growth_ranking_eligible is 1. +8. When comparing brands, show a small table. Stay factual: this is information, not financial or legal advice. Suggest checking a figure against the FDD before relying on it. + +WHERE THINGS ARE +- brand_summary.csv: one row per brand with the key figures. Start here. +- franchisedepth.sqlite and the csv/ folder: every table (brands, fees, fee_notes, item19_figures, comparable_revenue, outlets_by_year, turnover_by_year, closure_by_year, outlets_by_state, agreement_terms, brand_metrics). Join tables on brand_slug. +- alternatives, peer_ranks, value_ratios: similar brands, rank against peers, revenue relative to cost. +- AGENTS.md: every column, unit and method in detail. +- profiles_by_industry/: one readable profile per brand, grouped by industry. diff --git a/CLAUDE.md b/CLAUDE.md new file mode 100644 index 0000000000000000000000000000000000000000..3912a785c0c9a3c33121ad27c28aa27789b6937c --- /dev/null +++ b/CLAUDE.md @@ -0,0 +1,3 @@ +# CLAUDE.md + +Read `AGENTS.md` in this folder first: it explains every table, column, unit and method. `AI_INSTRUCTIONS.txt` holds the rules for answering. Query `franchisedepth.sqlite` (join tables on brand_slug). diff --git a/GEMINI.md b/GEMINI.md new file mode 100644 index 0000000000000000000000000000000000000000..ffc16d2ff31410627372ffc05cd8746e4c40ec24 --- /dev/null +++ b/GEMINI.md @@ -0,0 +1,3 @@ +# GEMINI.md + +Read `AGENTS.md` in this folder first: it explains every table, column, unit and method. `AI_INSTRUCTIONS.txt` holds the rules for answering. Query `franchisedepth.sqlite` (join tables on brand_slug). diff --git a/LICENSE.txt b/LICENSE.txt new file mode 100644 index 0000000000000000000000000000000000000000..24c5f20a00fdc504caee99294da9bc2d42ee62c0 --- /dev/null +++ b/LICENSE.txt @@ -0,0 +1,10 @@ +FranchiseDepth FDD Database, 2026 edition: free sample licence + +This 25-brand sample is licensed under Creative Commons Attribution-NonCommercial 4.0 International +(CC BY-NC 4.0, https://creativecommons.org/licenses/by-nc/4.0/). You may share and adapt it for +non-commercial purposes if you credit "FranchiseDepth (franchisedepth.com)". Commercial use needs a paid +licence. The full database and industry packs are at franchisedepth.gumroad.com. + +The underlying facts come from public FDD filings; this compilation, its structure, calculations, +corrections and documentation are FranchiseDepth's. Provided as is, without warranty. Information only; +not financial, investment or legal advice. diff --git a/README.md b/README.md new file mode 100644 index 0000000000000000000000000000000000000000..9f98d939b912eada608f107ae93e9951d06c8670 --- /dev/null +++ b/README.md @@ -0,0 +1,130 @@ +--- +license: cc-by-nc-4.0 +pretty_name: FranchiseDepth Franchise Database (Free Sample) +language: +- en +tags: +- franchise +- fdd +- franchise-disclosure-document +- small-business +- business +- finance +- sqlite +task_categories: +- table-question-answering +size_categories: +- 1K Developer > Edit config), with your own paths: + +```json +{"mcpServers": {"franchisedepth": {"command": "uv", "args": ["run", "--with", "mcp", "python", "C:/path/to/mcp/franchisedepth_mcp.py", "C:/path/to/franchisedepth.sqlite"]}}} +``` + +3. Restart Claude Desktop and ask, for example: "Which brands here have the lowest closure rate, and what does each cost to open?" + +The server opens the database read-only and refuses anything but SELECT queries. + +## Licence + +CC BY-NC 4.0: free to share and adapt for non-commercial use with credit to FranchiseDepth (franchisedepth.com). Commercial use needs a paid licence; see `LICENSE.txt`. Information only, not financial or legal advice; verify figures against the FDD before relying on them. diff --git a/README.txt b/README.txt new file mode 100644 index 0000000000000000000000000000000000000000..ef6180cc8e624380c7ebbd207cf38d37b14d4d65 --- /dev/null +++ b/README.txt @@ -0,0 +1,70 @@ +FRANCHISEDEPTH FDD DATABASE: START HERE +Free sample (25 brands). Compiled 2026-11-01. 25 franchise brands. + +Every figure comes from, or is calculated from, each brand's latest Franchise Disclosure +Document (FDD) as filed with a US state. Information only, not financial or legal advice. + + +1. UNZIP THE FILE + Right-click the zip and choose "Extract all" (Windows) or double-click it (Mac). + Inside you'll find: + - franchisedepth.xlsx Excel workbook: every table as a tab, plus a Compare tab + - brand_summary.csv one row per brand with the key figures + - franchisedepth.sqlite the full database, for SQL and AI tools + - csv/ parquet/ each table as its own file + - profiles/ one readable page per brand + - profiles_by_industry/ the same pages, grouped by industry + - AI_GUIDE.md how to use the data with ChatGPT, Claude, Gemini, Grok and others + - AI_INSTRUCTIONS.txt instructions to paste into any AI assistant + - AGENTS.md what every column means and how each figure is calculated + - example_queries.sql ready-made SQL questions + - mcp/ connector for Claude Desktop and other MCP apps + - LICENSE.txt what your licence allows + Complete database only: alternatives (similar brands), peer_ranks (how each brand ranks against + its peers) and value_ratios (revenue relative to investment and royalty). + + +2. LOOK AT IT IN EXCEL OR GOOGLE SHEETS + - Open franchisedepth.xlsx. Each tab is one table; brands is one row per brand. + - Compare tab: pick up to five brands from the drop-downs in row 2 (use the brand + codes shown in the brands tab, such as "subway"). The figures fill in below. + - Google Sheets: File > Import > Upload, and choose brand_summary.csv or + franchisedepth.xlsx. + + +3. ASK AN AI ASSISTANT + - Upload brand_summary.csv to ChatGPT, Claude, Gemini, Grok, Copilot or Perplexity. + - Paste the text of AI_INSTRUCTIONS.txt as your first message. + - Ask your question, for example: "Which food brands under $300,000 to open have the + lowest closure rate? Show a table with the FDD year for each." + - For a custom GPT, Gem or Project, and for which files to use, see AI_GUIDE.md. + + +4. CONNECT IT TO CLAUDE DESKTOP (OPTIONAL, LIVE SQL) + a. Install uv: https://docs.astral.sh/uv/ + b. In Claude Desktop open Settings > Developer > Edit config, and add (with your own + folder path): + {"mcpServers": {"franchisedepth": {"command": "uv", "args": ["run", "--with", "mcp", "python", + "C:/path/to/mcp/franchisedepth_mcp.py", "C:/path/to/franchisedepth.sqlite"]}}} + c. Restart Claude Desktop. Ask: "Using franchisedepth, which quick-service brands have + the highest comparable revenue?" The connector is read-only. + + +5. USE SQL (OPTIONAL) + - Free app: DB Browser for SQLite (https://sqlitebrowser.org). Open franchisedepth.sqlite. + - Run the questions in example_queries.sql, or write your own. Join tables on brand_slug. + - SELECT * FROM column_docs; lists what every column means. + + +6. GOOD TO KNOW + - Blank means not disclosed, not zero. + - older_fdd = 1 marks brands whose latest FDD on file is from 2022 or earlier. + - Rows with an edition_note are not the brand's standard unit-franchise offer. + - Revenue is not profit. + + +7. UPDATES, LICENCE AND HELP + - Corrected files for this edition are free: download again from your Gumroad library + (gumroad.com/library) to get the latest. + - Your licence is shown on your receipt; LICENSE.txt has the terms. + - A damaged file or a question: message us through Gumroad. diff --git a/all_profiles.md b/all_profiles.md new file mode 100644 index 0000000000000000000000000000000000000000..fb36ea0c502d543ab22a908fbe815165059b7447 --- /dev/null +++ b/all_profiles.md @@ -0,0 +1,2923 @@ +# A Better Solution In Home Care + +- Brand slug: a-better-solution-in-home-care +- Legal name: ABS Franchise Services, Inc. +- Industry: Senior Care +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/a-better-solution-in-home-care/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 55,000 +- initial_fee_high_usd: 55,000 +- royalty_pct: 5 +- royalty_min_monthly_usd: 1,000 +- marketing_fee_pct: 1 +- marketing_min_monthly_usd: 250 +- tech_fee_monthly_usd: 399 +- total_investment_low_usd: 126,890 +- total_investment_high_usd: 235,350 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Base $55k uniformly imposed. Discounts available: $2,500 Franchise Expo, $10,000 senior-level employee, $5,000 qualified veteran; territorial: $30,000 for second territory, $20,000 for third and subsequent. Optional Licensing Assistance Fee $3,500; Optional Enhanced Support Services Fee $4,500. System Technology Fee $299 per month. SwyftOps software is required; its monthly fee, paid directly to SwyftOps and based on scheduled hours or active clients, currently averages about $100 to $700+ per month. Local advertising: you must spend the greater of 2% of Gross Revenues or $1,000 per month, in addition to the National Marketing Fee. The franchisor may direct up to 4% of Gross Revenues to a Local Marketing Cooperative. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 30 +- franchised_outlets: 28 +- company_outlets: 2 +- states_count: 14 +- closure_rate_pct: 8.9 +- closures: 7 +- closures_not_itemized: 0 +- reacquired: 1 +- franchised_outlet_years: 79 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 11.1 +- growth_outlets_from: 27 +- growth_outlets_to: 30 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 6 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 595,052 +- basis: median, 23 (out of 28) franchisee-owned Agencies open 12 full calendar months as of December 31, 2025 (23 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| 2025 Gross Revenue | 23 (out of 28) franchisee-owned Agencies open 12 full calendar months as of December 31, 2025 | 23 | 810,813.82 | 595,052 | 186,936.84 | 2,260,332.03 | Fiscal Year 2025 | 41 | +| Combined Gross Sales (Affiliate Agency Financial Results-2025) | 2 affiliate-owned Agencies (San Diego, CA and Phoenix, AZ), combined | 2 | 6,505,832 | not disclosed | not disclosed | not disclosed | Fiscal Year 2025 | 41 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 27 | 2 | 4 | 0 | 1 | 0 | 1 | 25 | +| 2024 | 25 | 3 | 1 | 0 | 0 | 0 | 1 | 27 | +| 2025 | 27 | 3 | 1 | 0 | 0 | 1 | 0 | 28 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 595,052 +- investment_midpoint_usd: 181,120 +- revenue_to_investment: 3.29 +- royalty_pct: 5 +- revenue_per_royalty_point_usd: 119,010 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 126,890 | 52 | 68 | 102,827 | lowest first | Senior Care | +| fee_low | 55,000 | 53 | 68 | 49,500 | lowest first | Senior Care | +| royalty | 5 | 4 | 65 | 5 | lowest first | Senior Care | +| allin | 6 | 6 | 65 | 7 | lowest first | Senior Care | +| outlets | 30 | 32 | 68 | 25.5 | highest first | Senior Care | +| growth | 11.1 | 20 | 32 | 16.9 | highest first | Senior Care | +| closure | 8.9 | 28 | 32 | 3.95 | lowest first | Senior Care | + +## Similar alternatives (closest first) +1. Mastercare (same industry; investment from $125,800) +2. 1Heart Caregiver Services (same industry; investment from $125,650) +3. Visiting Angels (same industry; investment from $125,460) +4. Elder-Well (same industry; investment from $130,900) +5. Amada Senior Care (same industry; investment from $121,577) +6. Avendelle Assisted Living (same industry; investment from $121,525) +7. Home Helpers Home Care (same industry; investment from $120,750) +8. 2nd Family (same industry; investment from $119,825) +9. Comfort Keepers (same industry; investment from $119,560) +10. Nurse Next Door (same industry; investment from $119,115) + + +--- + +# Applebee's Neighborhood Grill & Bar + +- Brand slug: applebee-s-neighborhood-grill-bar +- Legal name: APPLEBEE'S FRANCHISOR LLC +- Industry: Food Quick Service +- FDD year: 2026 (NASAA EFD) +- Source: https://www.nasaaefd.org/Franchise/Search +- FranchiseDepth page: https://franchisedepth.com/franchise/applebee-s-neighborhood-grill-bar/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 35,000 +- initial_fee_high_usd: 50,000 +- royalty_pct: 4 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 4.25 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 3,192,516 +- total_investment_high_usd: 5,076,178 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Celebration prototype (current new-build design; none open yet): $3,192,516–$5,076,178, excluding real estate. The discontinued Tower II prototype costs $3,870,004–$5,822,933. A Dual Branded Restaurant (combined IHOP and Applebee's cost, by conversion or ground-up construction) costs $616,682–$4,632,445. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 1,475 +- franchised_outlets: 1,416 +- company_outlets: 59 +- states_count: 49 +- closure_rate_pct: 2.5 +- closures: 113 +- closures_not_itemized: 0 +- reacquired: 59 +- franchised_outlet_years: 4586 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -4.3 +- growth_outlets_from: 1,542 +- growth_outlets_to: 1,475 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 8.25 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 2,822,904 +- basis: median, Traditional Franchised Restaurants - All Regions (1,351 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Annualized Average Gross Sales | Traditional Franchised Restaurants - Midwest Region | 403 | 2,662,918 | 2,545,951 | 1,053,693 | 5,011,435 | 12 months, December 30, 2024 to December 28, 2025 | 53 | +| Annualized Average Gross Sales | Traditional Franchised Restaurants - Northeast Region | 279 | 3,830,089 | 3,609,473 | 1,994,980 | 10,150,710 | 12 months, December 30, 2024 to December 28, 2025 | 53 | +| Annualized Average Gross Sales | Traditional Franchised Restaurants - South Region | 419 | 2,450,367 | 2,361,192 | 1,086,609 | 5,036,244 | 12 months, December 30, 2024 to December 28, 2025 | 53 | +| Annualized Average Gross Sales | Traditional Franchised Restaurants - West Region | 250 | 3,292,418 | 3,224,283 | 1,733,894 | 5,754,375 | 12 months, December 30, 2024 to December 28, 2025 | 53 | +| Annualized Average Gross Sales | Traditional Franchised Restaurants - All Regions | 1,351 | 2,954,522 | 2,822,904 | 1,053,693 | 10,150,710 | 12 months, December 30, 2024 to December 28, 2025 | 53 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 1,575 | 4 | 2 | 3 | 0 | 32 | not disclosed | 1,542 | +| 2024 | 1,542 | 0 | 0 | 6 | 47 | 29 | not disclosed | 1,460 | +| 2025 | 1,460 | 9 | 0 | 8 | 12 | 33 | not disclosed | 1,416 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 2,822,904 +- investment_midpoint_usd: 4,134,347 +- revenue_to_investment: 0.68 +- royalty_pct: 4 +- revenue_per_royalty_point_usd: 705,726 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 3,192,516 | 62 | 67 | 729,000 | lowest first | Casual Dining | +| fee_low | 35,000 | 21 | 67 | 39,500 | lowest first | Casual Dining | +| royalty | 4 | 5 | 67 | 5 | lowest first | Casual Dining | +| allin | 8.25 | 56 | 67 | 7 | lowest first | Casual Dining | +| outlets | 1,475 | 1 | 67 | 34 | highest first | Casual Dining | +| growth | -4.3 | 25 | 35 | -2.2 | highest first | Casual Dining | +| closure | 2.5 | 7 | 28 | 4.25 | lowest first | Casual Dining | + +## Similar alternatives (closest first) +1. Twin Peaks (same sub-category; investment from $2,959,000) +2. Patsy's Italian Restaurant (same sub-category; investment from $2,853,500) +3. Fogo de Chão (same sub-category; investment from $2,680,000) +4. Ruth's Chris Steak House (same sub-category; investment from $2,502,000) +5. Chili's (same sub-category; investment from $3,959,695) +6. Carrabba's Italian Grill (same sub-category; investment from $4,260,000) +7. Bombshells Restaurant and Bar (same sub-category; investment from $2,094,000) +8. Outback Steakhouse (same sub-category; investment from $4,303,000) +9. Bonefish Grill (same sub-category; investment from $4,303,000) +10. Honest (same sub-category; investment from $1,862,000) + + +--- + +# AR Homes + +- Brand slug: ar-homes +- Legal name: AR FRANCHISING, INC. +- Industry: Real Estate +- FDD year: 2024 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/ar-homes/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 65,000 +- initial_fee_high_usd: 65,000 +- royalty_pct: 3.5 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 0.25 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 1,000 +- total_investment_low_usd: 535,000 +- total_investment_high_usd: 2,190,000 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Royalty varies by product type (3.5%-4.25%). Minimum Annual Royalty set by mutual agreement. Brand Fund (marketing): 0.25% of Contract Sales, max $25,000/year, can increase to 1% with max $100,000. Item 6 prints the Technology Fee as "currently $1,00 per month"; Franchise Agreement Section 6.1(d) states a monthly Technology Fee of $1,000, which covers up to 5 users. Additional users are $100 per user per month. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 42 +- franchised_outlets: 42 +- company_outlets: 0 +- states_count: 10 +- closure_rate_pct: 8.2 +- closures: 11 +- closures_not_itemized: 0 +- reacquired: 0 +- franchised_outlet_years: 134 +- closure_year_from: 2021 +- closure_year_to: 2023 +- closure_ranking_eligible: yes +- growth_pct: 0 +- growth_outlets_from: 42 +- growth_outlets_to: 42 +- growth_year_from: 2021 +- growth_year_to: 2023 +- growth_ranking_eligible: yes +- all_in_fee_pct: 3.75 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 18,125,591 +- basis: median, 29 of the 41 active franchised AR Homes Building Companies that closed a home in 2023 and reported full-year results (29 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Closing Revenue | 29 of the 41 active franchised AR Homes Building Companies that closed a home in 2023 and reported full-year results | 29 | 19,790,221 | 18,125,591 | 1,267,214 | 51,263,399 | 2023 Calendar Year | 48 | +| Gross Profit | 29 of the 41 active franchised AR Homes Building Companies that closed a home in 2023 and reported full-year results | 29 | 2,938,578 | 2,237,139 | 258,525 | 12,265,251 | 2023 Calendar Year | 48 | +| Adj. Net Income (Net Income plus owner compensation) | 29 of the 41 active franchised AR Homes Building Companies that closed a home in 2023 and reported full-year results | 29 | 1,121,735 | 486,453 | -357,291 | 8,083,158 | 2023 Calendar Year | 48 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2021 | 46 | 1 | 1 | 0 | 0 | 4 | not disclosed | 42 | +| 2022 | 42 | 5 | 0 | 0 | 0 | 1 | not disclosed | 46 | +| 2023 | 46 | 1 | 5 | 0 | 0 | 0 | not disclosed | 42 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 18,125,591 +- investment_midpoint_usd: 1,362,500 +- revenue_to_investment: 13.3 +- royalty_pct: 3.5 +- revenue_per_royalty_point_usd: 5,178,740 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 535,000 | 54 | 55 | 56,465 | lowest first | Real Estate | +| fee_low | 65,000 | 52 | 55 | 25,000 | lowest first | Real Estate | +| royalty | 3.5 | 5 | 35 | 5.5 | lowest first | Real Estate | +| allin | 3.75 | 6 | 35 | 6 | lowest first | Real Estate | +| outlets | 42 | 38 | 53 | 105 | highest first | Real Estate | +| growth | 0 | 14 | 40 | -6.5 | highest first | Real Estate | +| closure | 8.2 | 18 | 40 | 8.55 | lowest first | Real Estate | + +## Similar alternatives (closest first) +1. Engel & Völkers (same sub-category; investment from $108,690) +2. The Oceanaire Realty (same sub-category; investment from $81,700) +3. Christie's International Real Estate (same sub-category; investment from $64,475) +4. Corcoran (same sub-category; investment from $62,150) +5. Sotheby's International Realty (same sub-category; investment from $47,250) +6. Integra (same industry; investment from $236,000) +7. Linden Creek (same industry; investment from $227,225) +8. Set the Stage (same industry; investment from $204,150) +9. Keller Williams Realty (same industry; investment from $183,647) +10. NE Tiny Homes (same industry; investment from $147,000) + + +--- + +# ATC Healthcare Services + +- Brand slug: atc-healthcare-services +- Legal name: ATC Healthcare Services, LLC +- Industry: Staffing & Employment +- FDD year: 2026 (NASAA EFD) +- Source: https://www.nasaaefd.org/Franchise/Search +- FranchiseDepth page: https://franchisedepth.com/franchise/atc-healthcare-services/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 30,000 +- initial_fee_high_usd: 50,000 +- royalty_pct: not disclosed +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 0 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 158,500 +- total_investment_high_usd: 302,500 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard fee $50,000; military veteran/active duty discount 25% ($37,500); last fiscal year collected $30,000-$50,000. Multiple unit packages: $50,000 first unit + $37,500 per additional unit. Royalty Fee is 45% of gross margin on temporary and temp-to-hire placement revenue and 15% of gross margin on permanent placement revenue, where gross margin is Total Revenue less Direct Costs. Conversion franchises pay 35% of gross margin on existing business for the first two years, then 45%. Minimum royalty, assessed quarterly: $12,000 in year 1 ($6,000 in each of quarters 3 and 4), $100,000 in year 2, $150,000 in year 3, $200,000 in year 4, $210,000 in year 5, $220,500 in year 6, $231,524 in year 7, $243,100 in year 8, $255,256 in year 9 and $268,016 in year 10. Technology Fee $1,500-$3,000 per month. Brand Development Fee of up to 1% of Total Revenue is reserved; the fund was not established as of September 30, 2025. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 34 +- franchised_outlets: 34 +- company_outlets: 0 +- states_count: 17 +- closure_rate_pct: 22.6 +- closures: 36 +- closures_not_itemized: 0 +- reacquired: 4 +- franchised_outlet_years: 159 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -47.7 +- growth_outlets_from: 65 +- growth_outlets_to: 34 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: not disclosed +- all_in_basis: not disclosed + +## Comparable revenue +- annual_revenue_usd: 1,518,641 +- basis: median, Reporting Franchises Open for 1-5 Years (14 franchises) (14 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Total Revenue of Reporting Franchises Open for 1-5 Years | Reporting Franchises Open for 1-5 Years (14 franchises) | 14 | 3,536,960 | 1,518,641 | 105,577 | 13,786,163 | fiscal year ended September 30, 2025 | not disclosed | +| Gross Margin % of Reporting Franchises Open for 1-5 Years | Reporting Franchises Open for 1-5 Years (14 franchises) | 14 | 22 | 21 | 12 | 34 | | not disclosed | +| Total Revenue of Reporting Franchises Open for 6-10 Years | Reporting Franchises Open for 6-10 Years (8 franchises) | 8 | 1,799,504 | 2,007,974 | 444,638 | 3,654,501 | | not disclosed | +| Gross Margin % of Reporting Franchises Open for 6-10 Years | Reporting Franchises Open for 6-10 Years (8 franchises) | 8 | 25 | 23 | 18 | 37 | | not disclosed | +| Total Revenue of Reporting Franchises Open for 11+ Years | Reporting Franchises Open for 11+ Years (11 franchises) | 11 | 3,485,449 | 1,966,369 | 283,978 | 10,286,436 | | not disclosed | +| Gross Margin % of Reporting Franchises Open for 11+ Years | Reporting Franchises Open for 11+ Years (11 franchises) | 11 | 22 | 21 | 16 | 30 | | not disclosed | +| Permanent Placements | Reporting Franchises Offering Permanent Placements (9 franchises) | not disclosed | 18,885 | 15,707 | 1,778 | 68,273 | fiscal year ended September 30, 2025 | 53 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 60 | 12 | 5 | 0 | 0 | 2 | not disclosed | 65 | +| 2024 | 65 | 1 | 28 | 0 | 4 | 0 | not disclosed | 34 | +| 2025 | 34 | 1 | 1 | 0 | 0 | 0 | not disclosed | 34 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 1,518,641 +- investment_midpoint_usd: 230,500 +- revenue_to_investment: 6.59 +- royalty_pct: not disclosed +- revenue_per_royalty_point_usd: not disclosed + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 158,500 | 28 | 30 | 77,791.5 | lowest first | Staffing & Employment | +| fee_low | 30,000 | 10 | 29 | 37,500 | lowest first | Staffing & Employment | +| outlets | 34 | 15 | 30 | 33 | highest first | Staffing & Employment | +| growth | -47.7 | 15 | 15 | -4.9 | highest first | Staffing & Employment | +| closure | 22.6 | 13 | 13 | 10.2 | lowest first | Staffing & Employment | + +## Similar alternatives (closest first) +1. Signal (same industry; investment from $160,200) +2. Labor Finders (same industry; investment from $153,635) +3. AtWork (same industry; investment from $165,000) +4. PrideStaff (same industry; investment from $151,950) +5. Silbar Security (same industry; investment from $145,500) +6. Snapchef (same industry; investment from $138,140) +7. Spherion (same industry; investment from $132,980) +8. Express Employment Professionals (same industry; investment from $131,000) +9. Nextaff (same industry; investment from $126,700) +10. The Entrepreneur's Source (same industry; investment from $114,350) + + +--- + +# Baja Fresh + +- Brand slug: baja-fresh +- Legal name: BF Acquisition Holdings, LLC +- Industry: Food Quick Service +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/baja-fresh/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 10,000 +- initial_fee_high_usd: 30,000 +- royalty_pct: 5 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 3 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 130 +- total_investment_low_usd: 428,560 +- total_investment_high_usd: 1,034,290 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Traditional Restaurant: $30,000 (first unit), reduced to $15,000 for second and subsequent traditional restaurants. Non-Traditional Restaurant: $20,000 (first unit), reduced to $10,000 for second and subsequent non-traditional restaurants. Eligible Military (active, active reserve, or honorably discharged) and federally recognized 501(c)(3) organizations receive a 20% discount on the Initial Franchise Fee. No refunds under any circumstances. Fee is waived for transfer or renewal signings. Franchisor may periodically reduce the fee for limited-time promotions. Technology fees are a $55 per month POS Help Desk fee plus a POS data polling fee of up to $75 per month. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 68 +- franchised_outlets: 67 +- company_outlets: 1 +- states_count: 11 +- closure_rate_pct: 7.6 +- closures: 16 +- closures_not_itemized: 0 +- reacquired: 6 +- franchised_outlet_years: 211 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -12.8 +- growth_outlets_from: 78 +- growth_outlets_to: 68 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 8 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 813,419 +- basis: median, All franchised outlets (65 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Average Gross Sales / Median Gross Sales | All franchised outlets | 65 | 822,568 | 813,419 | not disclosed | not disclosed | December 1, 2024 through November 30, 2025 | 83 | +| Average Gross Sales / Median Gross Sales | Top 20% franchised outlets | 13 | 1,283,451 | 1,222,206 | not disclosed | not disclosed | December 1, 2024 through November 30, 2025 | 83 | +| Average Gross Sales / Median Gross Sales | Bottom 20% franchised outlets | 13 | 359,747 | 406,368 | not disclosed | not disclosed | December 1, 2024 through November 30, 2025 | 83 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 77 | 1 | 0 | 1 | 6 | 5 | 3 | 67 | +| 2024 | 67 | 1 | 0 | 1 | 0 | 4 | 1 | 67 | +| 2025 | 67 | 1 | 0 | 3 | 0 | 2 | 2 | 67 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 1 +- renewal_term_years: 5 +- renewal_fee: Pay a renewal franchise fee (amount not specified in Item 17 table; renewal FA may have materially different terms including higher royalty and advertising fees) +- transfer_fee: Transfer franchise fee and transfer training fee paid (amounts not specified in Item 17 table) +- cure_period_days: 14 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 10 +- dispute_resolution: arbitration +- governing_law_state: not disclosed +- fdd_page: 75 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 813,419 +- investment_midpoint_usd: 731,425 +- revenue_to_investment: 1.11 +- royalty_pct: 5 +- revenue_per_royalty_point_usd: 162,684 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 428,560 | 18 | 40 | 440,350 | lowest first | Mexican | +| fee_low | 10,000 | 4 | 42 | 35,000 | lowest first | Mexican | +| royalty | 5 | 3 | 40 | 5 | lowest first | Mexican | +| allin | 8 | 25 | 40 | 7 | lowest first | Mexican | +| outlets | 68 | 12 | 40 | 22.5 | highest first | Mexican | +| growth | -12.8 | 17 | 20 | -6.75 | highest first | Mexican | +| closure | 7.6 | 13 | 17 | 6.2 | lowest first | Mexican | + +## Similar alternatives (closest first) +1. Lucha Libre Gourmet Taco Shop (same sub-category; investment from $431,000) +2. Burrito Parrilla Mexicana (same sub-category; investment from $437,000) +3. Super Mex (same sub-category; investment from $418,644) +4. Barrio Burrito Bar (same sub-category; investment from $418,620) +5. California Tortilla (same sub-category; investment from $443,700) +6. Taco Pros (same sub-category; investment from $456,500) +7. Tijuana Flats (same sub-category; investment from $469,550) +8. Taco Maya (same sub-category; investment from $369,000) +9. Tio Juan's Margaritas Mexican Restaurant (same sub-category; investment from $488,800) +10. TacoTime (same sub-category; investment from $365,650) + + +--- + +# Batteries Plus + +- Brand slug: batteries-plus +- Legal name: Batteries Plus, L.L.C. +- Industry: Retail Services +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/batteries-plus/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 15,000 +- initial_fee_high_usd: 49,500 +- royalty_pct: 5 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 1 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 1,098 +- total_investment_low_usd: 284,786 +- total_investment_high_usd: 536,636 +- liquid_capital_usd: 100,000 +- net_worth_usd: not disclosed + +## Fee notes +Single-unit Initial Franchise Fee is $49,500. Under a Multiple Unit Franchise Agreement, fees are $49,500 for the 1st store, $44,500 for the 2nd, $39,500 for the 3rd, and $34,500 for the 4th and subsequent stores. A $15,000 Multiple Unit Territory Fee per store is credited against future Initial Franchise Fees. A $10,000 discount is available for qualifying veterans, active/retired firefighters, police officers, EMT/paramedics, nurses, and teachers off the first store fee. Existing franchisees in good standing for 36+ months may open one additional store at a discounted Initial Franchise Fee of $15,000 (lowest possible value). All fees are non-refundable. Monthly technology fees total $1,098: Software Support $509, Omni-Channel Maintenance $200, Avalara Avatax $27, Payment Gateway $22, Salesforce.com CRM $80, Managed Security Services (PCI) $200 and RepairQ $60. The Minimum Store Promotion Requirement is a pro rata $20,000 in the first calendar year, then the greater of 4% of prior-year Net Revenues or $20,000 per year; a shortfall must be deposited with the franchisor. $20,000 is paid to the franchisor at store opening and applied to the Digital Marketing Contribution, which will not exceed the greater of 3% of Net Revenues or the Minimum Store Promotion Requirement. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 734 +- franchised_outlets: 601 +- company_outlets: 133 +- states_count: 50 +- closure_rate_pct: 4.2 +- closures: 77 +- closures_not_itemized: 0 +- reacquired: 21 +- franchised_outlet_years: 1819 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 1.7 +- growth_outlets_from: 722 +- growth_outlets_to: 734 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 6 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 833,660 +- basis: median, All Franchised Same Stores (490) - Table A-2 (490 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Merchandise Margin Percentage (Retail and Commercial) | 490 Same Stores (franchised-owned, open at least 308 days, January 1, 2025 through November 2, 2025) | 490 | 51 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 53 | +| Merchandise Margin Percentage - Retail | All Stores (490 franchised-owned), Retail customers | 490 | 60 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 54 | +| Merchandise Margin Percentage - Commercial | All Stores (490 franchised-owned), Commercial customers | 490 | 38 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 54 | +| Percentage of Net Revenue - Retail | All Stores (490 franchised-owned), Retail customers | 490 | 58 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 54 | +| Percentage of Net Revenue - Commercial | All Stores (490 franchised-owned), Commercial customers | 490 | 42 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 54 | +| Average Net Revenue (More than 35% of Total Net Revenue is Commercial Sales) | More than 35% of Total Net Revenue is Commercial Sales (268 Same Stores) | 268 | 1,052,912 | 925,171 | 407,996 | 7,352,102 | September 1, 2024 to August 31, 2025 | 55 | +| Average Net Revenue (Less than or equal to 35% of Total Net Revenue is Commercial Sales) | Less than or equal to 35% of Total Net Revenue is Commercial Sales (222 Same Stores) | 222 | 836,173 | 741,881 | 414,143 | 3,076,869 | September 1, 2024 to August 31, 2025 | 55 | +| Average Net Revenue (More than $1.50 Average Add on Margin per Transaction) | More than $1.50 Average Add on Margin per Transaction (174 Same Stores) | 174 | 1,108,829 | 951,211 | 407,996 | 7,352,102 | September 1, 2024 to August 31, 2025 | 55 | +| Average Net Revenue (Less than or equal to $1.50 Average Add on Margin per Transaction) | Less than or equal to $1.50 Average Add on Margin per Transaction (316 Same Stores) | 316 | 869,857 | 751,166 | 414,143 | 3,566,005 | September 1, 2024 to August 31, 2025 | 55 | +| Average Retail Sales Ticket Amount | 490 Same Stores, Retail customers | 490 | 54.4 | 53.6 | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 55 | +| Average Commercial Sales Ticket Amount | 490 Same Stores, Commercial customers | 490 | 297.98 | 250.89 | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 55 | +| Average Total Sales Ticket Amount | 490 Same Stores, Retail and Commercial combined | 490 | 82.58 | 76.46 | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 55 | +| Average Net Revenue - Commercial Sales Focused Stores, Top 10% | Top 10% of 282 Franchised Commercial Sales Focused Same Stores | 28 | 2,360,651 | 2,012,819 | 1,684,040 | 7,352,102 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Top 25% | Top 25% of 282 Franchised Commercial Sales Focused Same Stores | 70 | 1,793,046 | 1,572,375 | 1,229,337 | 7,352,102 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Top 50% | Top 50% of 282 Franchised Commercial Sales Focused Same Stores | 141 | 1,424,337 | 1,217,407 | 935,549 | 7,352,102 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Top 75% | Top 75% of 282 Franchised Commercial Sales Focused Same Stores | 211 | 1,216,740 | 1,047,885 | 667,588 | 7,352,102 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Bottom 10% | Bottom 10% of 282 Franchised Commercial Sales Focused Same Stores | 28 | 486,571 | 485,664 | 407,996 | 554,257 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Bottom 25% | Bottom 25% of 282 Franchised Commercial Sales Focused Same Stores | 70 | 558,604 | 570,483 | 407,996 | 662,011 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Bottom 50% | Bottom 50% of 282 Franchised Commercial Sales Focused Same Stores | 141 | 682,408 | 667,588 | 407,996 | 931,080 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Bottom 75% | Bottom 75% of 282 Franchised Commercial Sales Focused Same Stores | 211 | 809,141 | 825,484 | 407,996 | 1,217,407 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, All Stores | All 282 Franchised Commercial Sales Focused Same Stores | 282 | 1,053,373 | 933,315 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Top 10% | Top 10% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 20 | 1,657,416 | 1,447,666 | 1,319,452 | 3,076,869 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Top 25% | Top 25% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 52 | 1,334,258 | 1,241,737 | 990,415 | 3,076,869 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Top 50% | Top 50% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 104 | 1,081,528 | 981,471 | 711,518 | 3,076,869 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Top 75% | Top 75% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 156 | 931,955 | 816,925 | 572,615 | 3,076,869 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Bottom 10% | Bottom 10% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 20 | 440,952 | 438,916 | 414,143 | 474,660 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Bottom 25% | Bottom 25% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 52 | 487,980 | 485,044 | 414,143 | 564,948 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Bottom 50% | Bottom 50% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 104 | 560,393 | 568,782 | 414,143 | 710,807 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Bottom 75% | Bottom 75% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 156 | 649,862 | 627,908 | 414,143 | 972,527 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), All Stores | All 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 208 | 820,961 | 711,163 | 414,143 | 3,076,869 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Corporate Stores, Top Quartile | Top Quartile of 133 Corporate Stores (Table A-1) | 33 | 1,647,392 | 1,463,386 | 1,203,909 | 3,522,307 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Corporate Stores, Second Quartile | Second Quartile of 133 Corporate Stores (Table A-1) | 33 | 1,055,834 | 1,036,367 | 963,944 | 1,190,202 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Corporate Stores, Third Quartile | Third Quartile of 133 Corporate Stores (Table A-1) | 33 | 881,298 | 883,737 | 796,514 | 954,213 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Corporate Stores, Bottom Quartile | Bottom Quartile of 133 Corporate Stores (Table A-1) | 34 | 668,554 | 694,131 | 507,509 | 790,844 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - All Corporate Stores | All Corporate Stores (133) - Table A-1 | 133 | 1,060,302 | 954,213 | 507,509 | 3,522,307 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Franchised Same Stores, Top Quartile | Top Quartile of 490 Franchised Same Stores (Table A-2) | 122 | 1,614,404 | 1,418,220 | 1,125,793 | 7,352,102 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Franchised Same Stores, Second Quartile | Second Quartile of 490 Franchised Same Stores (Table A-2) | 123 | 972,577 | 967,308 | 834,301 | 1,123,571 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Franchised Same Stores, Third Quartile | Third Quartile of 490 Franchised Same Stores (Table A-2) | 123 | 712,840 | 706,111 | 613,718 | 833,020 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Franchised Same Stores, Bottom Quartile | Bottom Quartile of 490 Franchised Same Stores (Table A-2) | 122 | 520,881 | 524,436 | 407,996 | 610,504 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - All Franchised Same Stores (Table A-2) | All Franchised Same Stores (490) - Table A-2 | 490 | 833,660 | 833,660 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Corporate and Franchised Same Stores, Top Quartile | Top Quartile of 623 Combined Corporate and Franchised Same Stores (Table A-3) | 155 | 1,622,330 | 1,423,556 | 1,145,971 | 7,352,102 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate and Franchised Same Stores, Second Quartile | Second Quartile of 623 Combined Corporate and Franchised Same Stores (Table A-3) | 156 | 997,576 | 995,963 | 875,976 | 1,143,246 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate and Franchised Same Stores, Third Quartile | Third Quartile of 623 Combined Corporate and Franchised Same Stores (Table A-3) | 156 | 754,022 | 748,294 | 639,505 | 872,724 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate and Franchised Same Stores, Bottom Quartile | Bottom Quartile of 623 Combined Corporate and Franchised Same Stores (Table A-3) | 156 | 539,235 | 554,407 | 407,996 | 637,340 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - All Corporate and Franchised Stores (Table A-3) | All Corporate and Franchised Same Stores (623) - Table A-3 | 623 | 977,257 | 872,724 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate Stores, Top Third | Top Third of 133 Corporate Stores (Table B-1) | 44 | 1,517,987 | 1,296,378 | 1,089,544 | 3,522,307 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate Stores, Middle Third | Middle Third of 133 Corporate Stores (Table B-1) | 44 | 964,630 | 959,079 | 855,823 | 1,086,020 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate Stores, Bottom Third | Bottom Third of 133 Corporate Stores (Table B-1) | 45 | 706,333 | 715,969 | 507,509 | 854,144 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - All Corporate Stores (Table B-1) | All Corporate Stores (133) - Table B-1 | 133 | 1,060,302 | 954,213 | 507,509 | 3,522,307 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Franchised Same Stores, Top Third | Top Third of 490 Franchised Same Stores (Table B-2) | 163 | 1,478,088 | 1,285,722 | 1,014,707 | 7,352,102 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Franchised Same Stores, Middle Third | Middle Third of 490 Franchised Same Stores (Table B-2) | 164 | 836,133 | 833,660 | 670,374 | 1,014,285 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Franchised Same Stores, Bottom Third | Bottom Third of 490 Franchised Same Stores (Table B-2) | 163 | 550,655 | 561,674 | 407,996 | 669,470 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - All Franchised Same Stores (Table B-2) | All Franchised Same Stores (490) - Table B-2 | 490 | 954,716 | 833,660 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate and Franchised Same Stores, Top Third (Table B-2/B-3) | Top Third of 623 Combined Corporate and Franchised Same Stores (Table B-2 Corporate and Franchised) | 207 | 1,487,888 | 1,287,770 | 1,033,513 | 7,352,102 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate and Franchised Same Stores, Middle Third | Middle Third of 623 Combined Corporate and Franchised Same Stores | 208 | 872,795 | 874,350 | 710,807 | 1,031,004 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate and Franchised Same Stores, Bottom Third | Bottom Third of 623 Combined Corporate and Franchised Same Stores | 208 | 573,542 | 579,869 | 407,996 | 710,643 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - All Corporate and Franchised Stores (Table B combined) | All Corporate and Franchised Same Stores (623) - Table B combined | 623 | 977,257 | 872,724 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Top 10% (Table C-1) | Top 10% of 133 Corporate Stores (Table C-1) | 13 | 2,130,083 | 1,949,909 | 1,638,069 | 3,522,307 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Top 25% (Table C-1) | Top 25% of 133 Corporate Stores (Table C-1) | 33 | 1,647,392 | 1,463,386 | 1,203,909 | 3,522,307 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Top 50% (Table C-1) | Top 50% of 133 Corporate Stores (Table C-1) | 66 | 1,351,613 | 1,197,056 | 963,944 | 3,522,307 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Top 75% (Table C-1) | Top 75% of 133 Corporate Stores (Table C-1) | 99 | 1,194,842 | 1,036,367 | 796,514 | 3,522,307 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Bottom 10% (Table C-1) | Bottom 10% of 133 Corporate Stores (Table C-1) | 13 | 573,573 | 576,376 | 507,509 | 653,812 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Bottom 25% (Table C-1) | Bottom 25% of 133 Corporate Stores (Table C-1) | 33 | 664,848 | 690,051 | 507,509 | 786,155 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Bottom 50% (Table C-1) | Bottom 50% of 133 Corporate Stores (Table C-1) | 66 | 770,598 | 788,499 | 507,509 | 953,313 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Bottom 75% (Table C-1) | Bottom 75% of 133 Corporate Stores (Table C-1) | 99 | 863,293 | 883,632 | 507,509 | 1,180,945 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - All Corporate Stores (Table C-1) | All Corporate Stores (133) - Table C-1 | 133 | 1,044,609 | 938,246 | 473,903 | 3,511,841 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Franchised Stores, Top 10% (Table C-2) | Top 10% of 490 Franchised Same Stores (Table C-2) | 49 | 2,103,785 | 1,886,367 | 1,497,970 | 7,352,102 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Franchised Stores, Top 25% (Table C-2) | Top 25% of 490 Franchised Same Stores (Table C-2) | 122 | 1,614,404 | 1,418,220 | 1,125,793 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Franchised Stores, Top 50% (Table C-2) | Top 50% of 490 Franchised Same Stores (Table C-2) | 245 | 1,292,180 | 1,123,571 | 834,301 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Franchised Stores, Top 75% (Table C-2) | Top 75% of 490 Franchised Same Stores (Table C-2) | 368 | 1,098,542 | 966,208 | 613,718 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Franchised Stores, Bottom 10% (Table C-2) | Bottom 10% of 490 Franchised Same Stores (Table C-2) | 49 | 459,483 | 463,632 | 407,996 | 501,961 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Franchised Stores, Bottom 25% (Table C-2) | Bottom 25% of 490 Franchised Same Stores (Table C-2) | 122 | 520,881 | 524,436 | 407,996 | 610,504 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Franchised Stores, Bottom 50% (Table C-2) | Bottom 50% of 490 Franchised Same Stores (Table C-2) | 245 | 617,252 | 524,436 | 407,996 | 833,020 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Franchised Stores, Bottom 75% (Table C-2) | Bottom 75% of 490 Franchised Same Stores (Table C-2) | 368 | 736,016 | 706,172 | 407,996 | 1,123,571 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - All Franchised Stores (Table C-2) | All Franchised Same Stores (490) - Table C-2 | 490 | 954,716 | 833,660 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Top 10% (Table C-3) | Top 10% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 62 | 2,111,304 | 1,923,513 | 1,512,309 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Top 25% (Table C-3) | Top 25% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 155 | 1,622,330 | 1,423,556 | 1,145,971 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Top 50% (Table C-3) | Top 50% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 311 | 1,308,949 | 1,143,246 | 875,976 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Top 75% (Table C-3) | Top 75% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 473 | 1,117,381 | 994,087 | 631,111 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Bottom 10% (Table C-3) | Bottom 10% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 62 | 470,253 | 474,728 | 407,996 | 523,213 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Bottom 25% (Table C-3) | Bottom 25% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 155 | 538,602 | 554,257 | 407,996 | 636,950 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Bottom 50% (Table C-3) | Bottom 50% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 311 | 645,901 | 637,340 | 407,996 | 870,343 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Bottom 75% (Table C-3) | Bottom 75% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 467 | 762,798 | 747,067 | 407,996 | 1,131,156 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - All Corporate and Franchised Stores (Table C-3) | All Corporate and Franchised Same Stores (623) - Table C-3 | 623 | 977,257 | 872,724 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Net Revenue - Company-Owned Stores, Top Third by EBITDA | Top Third of Company-Owned Stores by EBITDA (44 stores) | 44 | 1,469,998 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| Gross Profit Margin - Company-Owned Stores, Top Third by EBITDA | Top Third of Company-Owned Stores by EBITDA (44 stores) | 44 | 773,612 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| EBITDA - Company-Owned Stores, Top Third by EBITDA | Top Third of Company-Owned Stores by EBITDA (44 stores) | 44 | 252,887 | 211,223 | 211,223 | 769,031 | January 1, 2025 to December 31, 2025 | 62 | +| Net Revenue - Company-Owned Stores, Middle Third by EBITDA | Middle Third of Company-Owned Stores by EBITDA (44 stores) | 44 | 962,112 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| Gross Profit Margin - Company-Owned Stores, Middle Third by EBITDA | Middle Third of Company-Owned Stores by EBITDA (44 stores) | 44 | 490,083 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| EBITDA - Company-Owned Stores, Middle Third by EBITDA | Middle Third of Company-Owned Stores by EBITDA (44 stores) | 44 | 100,468 | 102,339 | 56,696 | 128,070 | January 1, 2025 to December 31, 2025 | 62 | +| Net Revenue - Company-Owned Stores, Bottom Third by EBITDA | Bottom Third of Company-Owned Stores by EBITDA (45 stores) | 45 | 759,408 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| Gross Profit Margin - Company-Owned Stores, Bottom Third by EBITDA | Bottom Third of Company-Owned Stores by EBITDA (45 stores) | 45 | 367,641 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| EBITDA - Company-Owned Stores, Bottom Third by EBITDA | Bottom Third of Company-Owned Stores by EBITDA (45 stores) | 45 | 13,945 | 14,815 | -98,635 | 56,063 | January 1, 2025 to December 31, 2025 | 62 | +| Net Revenue - All Company-Owned Stores by EBITDA | All Company-Owned Stores by EBITDA (133 stores) | 133 | 1,061,550 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| Gross Profit Margin - All Company-Owned Stores | All Company-Owned Stores by EBITDA (133 stores) | 133 | 545,499 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| EBITDA - All Company-Owned Stores | All Company-Owned Stores by EBITDA (133 stores) | 133 | 121,618 | 101,618 | -98,635 | 769,031 | January 1, 2025 to December 31, 2025 | 62 | +| Net Revenue - All Corporate Stores (Annual = sum of 2025 monthly averages) | All 133 Corporate Stores - Monthly Detail (Annual Sum) | 133 | 1,061,963 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 63 | +| EBITDA - All Corporate Stores (Annual = sum of 2025 monthly averages) | All 133 Corporate Stores - Monthly Detail (Annual Sum) | 133 | 116,078 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 63 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 609 | 30 | 2 | 5 | 4 | 22 | not disclosed | 606 | +| 2024 | 606 | 30 | 2 | 2 | 17 | 11 | not disclosed | 604 | +| 2025 | 604 | 30 | 0 | 1 | 0 | 32 | not disclosed | 601 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 833,660 +- investment_midpoint_usd: 410,711 +- revenue_to_investment: 2.03 +- royalty_pct: 5 +- revenue_per_royalty_point_usd: 166,732 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 284,786 | 58 | 72 | 170,207.5 | lowest first | Specialty Retail | +| fee_low | 15,000 | 11 | 71 | 29,500 | lowest first | Specialty Retail | +| royalty | 5 | 16 | 61 | 5 | lowest first | Specialty Retail | +| allin | 6 | 18 | 61 | 7 | lowest first | Specialty Retail | +| outlets | 734 | 3 | 70 | 44 | highest first | Specialty Retail | +| growth | 1.7 | 18 | 44 | -2.95 | highest first | Specialty Retail | +| closure | 4.2 | 15 | 40 | 5 | lowest first | Specialty Retail | + +## Similar alternatives (closest first) +1. HobbyTown (same sub-category; investment from $281,100) +2. Del's Popcorn Shop (same sub-category; investment from $279,365) +3. Clothes Mentor (same sub-category; investment from $272,000) +4. WineStyles Tasting Station (same sub-category; investment from $298,000) +5. Jamin Leather (same sub-category; investment from $270,400) +6. Good Feet (same sub-category; investment from $255,478) +7. Carré d'artistes (same sub-category; investment from $251,300) +8. B-Land Beauty (same sub-category; investment from $318,761) +9. Scout & Molly's (same sub-category; investment from $319,000) +10. Jayasri Sweets (same sub-category; investment from $243,000) + + +--- + +# Bella Bridesmaids + +- Brand slug: bella-bridesmaids +- Legal name: Bella Bridesmaids Franchise Group, LLC +- Industry: Retail Services +- FDD year: 2024 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/bella-bridesmaids/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 50,000 +- initial_fee_high_usd: 50,000 +- royalty_pct: 4 +- royalty_min_monthly_usd: 600 +- marketing_fee_pct: not disclosed +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 125 +- total_investment_low_usd: 102,900 +- total_investment_high_usd: 262,000 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +First location $50,000 (nonrefundable). Subsequent locations in protected territory $10,000. Outside territory 75% of then-current fee. $10,000 security deposit also required. Systemwide Marketing Fund fee set by the location's previous year's sales: $1,000 per year up to $300,000, $1,500 per year for $300,000–$400,000, $2,000 per year for $400,000–$600,000, and 0.5% of monthly gross revenue above $600,000, paid in 12 equal monthly instalments. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 45 +- franchised_outlets: 41 +- company_outlets: 4 +- states_count: 27 +- closure_rate_pct: 7.7 +- closures: 13 +- closures_not_itemized: 0 +- reacquired: 3 +- franchised_outlet_years: 169 +- closure_year_from: 2021 +- closure_year_to: 2023 +- closure_ranking_eligible: yes +- growth_pct: -22.4 +- growth_outlets_from: 58 +- growth_outlets_to: 45 +- growth_year_from: 2021 +- growth_year_to: 2023 +- growth_ranking_eligible: yes +- all_in_fee_pct: 4 +- all_in_basis: royalty only (no marketing-fund % listed) + +## Comparable revenue +- annual_revenue_usd: 290,315 +- basis: median, 41 franchised stores operational entire 2023 calendar year (41 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| average annual gross revenue | 41 franchised stores operational entire 2023 calendar year | 41 | 363,289 | 290,315 | 84,031 | 1,000,688 | 2023 calendar year | not disclosed | +| average gross revenues | 45 stores (41 franchised + 4 company-owned) operational entire 2023 calendar year | 45 | 373,189 | 290,315 | 84,030.64 | 1,000,688 | 2023 calendar year | not disclosed | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2021 | 57 | 0 | 0 | 0 | 0 | 0 | 1 | 57 | +| 2022 | 57 | 0 | 1 | 0 | 1 | 0 | 1 | 55 | +| 2023 | 55 | 0 | 1 | 0 | 2 | 11 | 10 | 41 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 290,315 +- investment_midpoint_usd: 182,450 +- revenue_to_investment: 1.59 +- royalty_pct: 4 +- revenue_per_royalty_point_usd: 72,579 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 102,900 | 16 | 72 | 170,207.5 | lowest first | Specialty Retail | +| fee_low | 50,000 | 66 | 71 | 29,500 | lowest first | Specialty Retail | +| royalty | 4 | 10 | 61 | 5 | lowest first | Specialty Retail | +| allin | 4 | 2 | 61 | 7 | lowest first | Specialty Retail | +| outlets | 45 | 35 | 70 | 44 | highest first | Specialty Retail | +| growth | -22.4 | 41 | 44 | -2.95 | highest first | Specialty Retail | +| closure | 7.7 | 28 | 40 | 5 | lowest first | Specialty Retail | + +## Similar alternatives (closest first) +1. The Smoky Grass Station (same sub-category; investment from $96,150) +2. Pro Image Sports (same sub-category; investment from $109,750) +3. Sunmed™ | YOUR CBD STORE® (same sub-category; investment from $95,800) +4. Cheong Kwan Jang (same sub-category; investment from $110,000) +5. Jung Kwan Jang (same sub-category; investment from $111,000) +6. Everything Christmas (same sub-category; investment from $112,600) +7. Good Games (same sub-category; investment from $114,250) +8. Fast-FIX Jewelry and Watch Repairs (same sub-category; investment from $114,700) +9. CBD American Shaman (same sub-category; investment from $88,100) +10. FauxReal Flowers (same sub-category; investment from $78,500) + + +--- + +# CD ONE Price Cleaners + +- Brand slug: cd-one-price-cleaners +- Legal name: CLEANERS DEPOT FRANCHISE, LLC +- Industry: Dry Cleaning +- FDD year: 2024 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/cd-one-price-cleaners/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 6,000 +- initial_fee_high_usd: 30,000 +- royalty_pct: 6.5 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 3 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 903,225 +- total_investment_high_usd: 1,351,850 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Plant Store: $30,000. Satellite Store: $12,500 standard, $6,000 if signed in 2024 and opened by Dec 31, 2024 (Satellite Store Incentive Program). Qualified veterans: $0. Legacy Plant Store Renewal: $0. Development Rights Agreement: $5,000 per store (credited toward franchise fee). New Plant Stores must offer pickup and delivery (PUD) Services under the PUD Addendum. It adds a Technology Fee of 5% of Gross PUD Revenues, currently paid to affiliate COW. It also adds Marketing Fund contributions of 3.5% (Customer Acquisition) and 2% (Customer Development and Retention) of Gross PUD Revenues. The royalty and 3% Marketing Fund also apply to PUD revenue. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 40 +- franchised_outlets: 40 +- company_outlets: 0 +- states_count: 4 +- closure_rate_pct: 0 +- closures: 0 +- closures_not_itemized: 0 +- reacquired: 0 +- franchised_outlet_years: 109 +- closure_year_from: 2021 +- closure_year_to: 2023 +- closure_ranking_eligible: yes +- growth_pct: 8.1 +- growth_outlets_from: 37 +- growth_outlets_to: 40 +- growth_year_from: 2021 +- growth_year_to: 2023 +- growth_ranking_eligible: yes +- all_in_fee_pct: 9.5 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 1,075,802 +- basis: median, All 34 Revenue Reporting Plant Stores (34 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Revenue | Top Third Plant Stores (by 2023 Gross Revenue) | 11 | 1,367,307 | 1,232,941 | 1,115,602 | 2,306,859 | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 63 | +| Gross Revenue | Middle Third Plant Stores (by 2023 Gross Revenue) | 12 | 1,031,729 | 1,075,802 | 911,824 | 1,114,301 | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 63 | +| Gross Revenue | Bottom Third Plant Stores (by 2023 Gross Revenue) | 11 | 780,958 | 789,735 | 677,702 | 888,244 | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 63 | +| Gross Revenue | All 34 Revenue Reporting Plant Stores | 34 | 1,059,167 | 1,075,802 | 677,702 | 2,306,859 | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 63 | +| Gross Revenue | All 4 Revenue Reporting Satellite Stores | 4 | 376,749 | 407,712 | 260,525 | 431,047 | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 63 | +| Occupancy Costs (as % of Gross Revenue) | Cost Reporting Stores (32 stores: 28 Plant, 4 Satellite) | 32 | 11.7 | 12 | not disclosed | not disclosed | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 64 | +| Labor Costs (as % of Gross Revenue) | Cost Reporting Stores (32 stores) | 32 | 37.5 | 38.6 | not disclosed | not disclosed | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 64 | +| Production Supplies Costs (as % of Gross Revenue) | Cost Reporting Stores (32 stores) | 32 | 8.2 | 7.8 | not disclosed | not disclosed | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 64 | +| Electricity Costs (as % of Gross Revenue) | Cost Reporting Stores (32 stores) | 32 | 1.6 | 1.5 | not disclosed | not disclosed | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 64 | +| Natural Gas Costs (as % of Gross Revenue) | Cost Reporting Stores (32 stores) | 32 | 1.6 | 1.4 | not disclosed | not disclosed | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 64 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2021 | 35 | 1 | 0 | 0 | 0 | 0 | 2 | 36 | +| 2022 | 36 | 2 | 0 | 0 | 0 | 0 | 2 | 38 | +| 2023 | 38 | 2 | 0 | 0 | 0 | 0 | 4 | 40 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 1,075,802 +- investment_midpoint_usd: 1,127,537 +- revenue_to_investment: 0.95 +- royalty_pct: 6.5 +- revenue_per_royalty_point_usd: 165,508 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 903,225 | 8 | 12 | 647,224 | lowest first | Dry Cleaning | +| fee_low | 6,000 | 1 | 11 | 20,000 | lowest first | Dry Cleaning | +| royalty | 6.5 | 11 | 12 | 6 | lowest first | Dry Cleaning | +| allin | 9.5 | 10 | 12 | 7.5 | lowest first | Dry Cleaning | +| outlets | 40 | 4 | 11 | 13 | highest first | Dry Cleaning | + +## Similar alternatives (closest first) +1. ZIPS Cleaners (same industry; investment from $867,700) +2. LaundroLab (same industry; investment from $1,182,500) +3. Speed Queen (same industry; investment from $1,199,663) +4. Laundry Spot (same industry; investment from $1,268,500) +5. Martinizing (same industry; investment from $426,748) +6. Door to Door Laundry (same industry; investment from $393,783) +7. WaveMAX Laundry (same industry; investment from $359,105) +8. Mulberrys Garment Care (same industry; investment from $353,500) +9. Tide Laundromat (same industry; investment from $1,751,885) +10. Bubbly (same industry; investment from $47,585) + + +--- + +# Complete Weddings + Events + +- Brand slug: complete-weddings-events +- Legal name: Complete Music, Inc. +- Industry: Entertainment & Recreation +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/complete-weddings-events/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 15,000 +- initial_fee_high_usd: 50,000 +- royalty_pct: 8 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 623 +- total_investment_low_usd: 68,800 +- total_investment_high_usd: 80,750 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard fee $50,000. Incentive program (by 3/31/2027): Option 1: $40,000 initial + 8% royalty; Option 2: $15,000 initial + 13% royalty until $800k cumulative receipts, then 8%. Failure to open triggers additional payments ($10k or $35k depending on option). Website, CRM and Technology Support Fee is currently $83 per week (capped at $300 per week) and Computer System Maintenance, Hosting and Licensing Fee is currently $55 per week, together $598 per month at 52/12; the Venue Website fee of $300 per year adds $25 per month. Participation in the National Sales Program is required: currently $100 per week (about $433 per month at 52/12) plus commissions of $65 per service sold, or 10% of the total booking if under $650; the weekly fee may rise to $250. Local advertising spend of 4% of Gross Receipts is required, and the Google Ads Program minimum of $87.50 per week ($37.50 of it a management fee) counts toward it. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 82 +- franchised_outlets: 81 +- company_outlets: 1 +- states_count: 33 +- closure_rate_pct: 3.8 +- closures: 8 +- closures_not_itemized: 0 +- reacquired: 0 +- franchised_outlet_years: 212 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 18.8 +- growth_outlets_from: 69 +- growth_outlets_to: 82 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 10 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 208,376.66 +- basis: median, Franchised businesses open the full 2025 calendar year (70 of 81; 7 opened in 2025 and 4 transferred excluded) (70 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Receipts | Franchised businesses open the full 2025 calendar year (70 of 81; 7 opened in 2025 and 4 transferred excluded) | 70 | 322,160.76 | 208,376.66 | 21,119 | 2,393,115.6 | Calendar Year 2025 | 33 | +| Gross Receipts | Top Third of the 70 franchised businesses by 2025 Gross Receipts | 23 | 645,897.24 | 485,160 | 328,666.27 | 2,393,115.6 | Calendar Year 2025 | 33 | +| Gross Receipts | Middle Third of the 70 franchised businesses by 2025 Gross Receipts | 23 | 228,358.94 | 218,935.21 | 160,642.5 | 312,130 | Calendar Year 2025 | 33 | +| Gross Receipts | Bottom Third of the 70 franchised businesses by 2025 Gross Receipts | 24 | 101,806.7 | 103,477.73 | 21,119 | 153,685 | Calendar Year 2025 | 33 | +| Gross Receipts | Affiliate-owned business (Iowa and Nebraska territory), full 2025 calendar year | 1 | 2,061,551.14 | not disclosed | not disclosed | not disclosed | Calendar Year 2025 | 33 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 66 | 5 | 0 | 0 | 0 | 3 | 6 | 68 | +| 2024 | 68 | 11 | 0 | 0 | 0 | 1 | not disclosed | 78 | +| 2025 | 78 | 7 | 3 | 0 | 0 | 1 | 6 | 81 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 208,377 +- investment_midpoint_usd: 74,775 +- revenue_to_investment: 2.79 +- royalty_pct: 8 +- revenue_per_royalty_point_usd: 26,047 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 68,800 | 7 | 72 | 266,500 | lowest first | Entertainment & Recreation | +| fee_low | 15,000 | 3 | 69 | 40,000 | lowest first | Entertainment & Recreation | +| royalty | 8 | 56 | 67 | 6 | lowest first | Entertainment & Recreation | +| allin | 10 | 56 | 67 | 8 | lowest first | Entertainment & Recreation | +| outlets | 82 | 10 | 67 | 15 | highest first | Entertainment & Recreation | +| growth | 18.8 | 10 | 27 | 10.6 | highest first | Entertainment & Recreation | +| closure | 3.8 | 10 | 21 | 4.8 | lowest first | Entertainment & Recreation | + +## Similar alternatives (closest first) +1. Wine and Design (same industry; investment from $69,950) +2. The Rock Underground (same industry; investment from $70,500) +3. AR Workshop (same industry; investment from $71,449) +4. Eaglerider (same industry; investment from $73,500) +5. The Hot Spot (same industry; investment from $74,900) +6. The Giggling Pig (same industry; investment from $75,000) +7. City Brew Tours (same industry; investment from $76,200) +8. DivaDance (same industry; investment from $56,700) +9. Valhallan (same industry; investment from $82,950) +10. Perfect Skating (same industry; investment from $53,940) + + +--- + +# Decorate With Lights + +- Brand slug: decorate-with-lights +- Legal name: DWL Corp +- Industry: Outdoor +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/decorate-with-lights/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 10,000 +- initial_fee_high_usd: 10,000 +- royalty_pct: 8 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 36,200 +- total_investment_high_usd: 70,450 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +2nd territory $7,500; larger territories at $1/home over 50,000. Non-refundable. Minimum local marketing spend of $12,500 for a single unit territory during the first full Peak Season. From the second calendar year of operation, the franchisee must spend annually the greater of 5% of Gross Sales or $15,000 on local advertising. Advertising Cooperative contributions (currently $0; up to $25,000 per calendar year) are credited toward the local advertising expenditure. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 128 +- franchised_outlets: 105 +- company_outlets: 23 +- states_count: 12 +- closure_rate_pct: 6.9 +- closures: 23 +- closures_not_itemized: 3 +- reacquired: 0 +- franchised_outlet_years: 331 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 8.5 +- growth_outlets_from: 118 +- growth_outlets_to: 128 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 10 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 30,108 +- basis: median, All franchisees operating all of 2025 (system wide), per franchisee (18 owners; average 5.1 territories each) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Revenue, July–December 2024 total (6 months) | Company-controlled location, Raleigh, NC (operated by DWL's Director of Operations, an employee) | 1 | 130,379 | not disclosed | not disclosed | not disclosed | July–December 2024 | 43 | +| Average Ticket Price (all jobs) | Company-controlled location, Raleigh, NC (operated by DWL's Director of Operations, an employee) | 1 | 1,366 | not disclosed | not disclosed | not disclosed | Calendar year 2024 | 44 | +| Average Ticket Price (new jobs) | Company-controlled location, Raleigh, NC (operated by DWL's Director of Operations, an employee) | 1 | 2,244 | not disclosed | not disclosed | not disclosed | Calendar year 2024 | 44 | +| Revenue | Existing franchisees (operating all of 2024, more than one year), per franchisee (9 owners) | 9 | 56,614 | 31,934 | 7,548 | 136,326 | Calendar year 2024 | 45 | +| Revenue | First-year franchisees (first full year 2024), per franchisee (4 owners) | 4 | 10,598 | 7,546 | 5,085 | 22,212 | Calendar year 2024 | 45 | +| Ticket Price | Existing franchisees (operating all of 2024, more than one year), per franchisee (9 owners) | 9 | 1,355 | 1,258 | 645 | 2,423 | Calendar year 2024 | 45 | +| Ticket Price | First-year franchisees (first full year 2024), per franchisee (4 owners) | 4 | 1,211 | 1,203 | 876 | 1,582 | Calendar year 2024 | 45 | +| Revenue | All franchisees (Table 7), per franchisee (count not stated) | not disclosed | 56,291 | 22,822 | 9,044 | 151,175 | Calendar year 2022 | 45 | +| Revenue | All franchisees (Table 7), per franchisee (count not stated) | not disclosed | 47,110 | 24,423 | 6,735 | 115,177 | Calendar year 2023 | 45 | +| Revenue | All franchisees (Table 7), per franchisee (13 owners) | 13 | 42,456 | 31,934 | 5,085 | 136,326 | Calendar year 2024 | 45 | +| Ticket Price | All franchisees (Table 7), per franchisee (count not stated) | not disclosed | 1,498 | 1,454 | 481 | 3,888 | Calendar year 2023 | 46 | +| Ticket Price | All franchisees (Table 7), per franchisee (13 owners) | 13 | 1,342 | 1,258 | 645 | 2,423 | Calendar year 2024 | 46 | +| Gross Revenue | Top 33% of franchisees by 2025 revenue, per franchisee (6 owners; average 5.7 territories each) | 6 | 101,747 | 100,073 | 52,711 | 161,453 | Calendar year 2025 | 46 | +| Gross Revenue | Middle 33% of franchisees by 2025 revenue, per franchisee (6 owners; average 4.3 territories each) | 6 | 31,689 | 30,108 | 23,960 | 42,928 | Calendar year 2025 | 46 | +| Gross Revenue | Bottom 33% of franchisees by 2025 revenue, per franchisee (6 owners; average 5.2 territories each) | 6 | 10,502 | 10,153 | 4,352 | 17,671 | Calendar year 2025 | 46 | +| Gross Revenue | All franchisees operating all of 2025 (system wide), per franchisee (18 owners; average 5.1 territories each) | 18 | 47,979 | 30,108 | 4,352 | 161,453 | Calendar year 2025 | 46 | +| Gross Revenue | 1st-year franchisees (operating all of 2025), per franchisee (6 owners; average 3.2 territories each) | 6 | 29,748 | 27,309 | 6,719 | 64,613 | Calendar year 2025 | 46 | +| Gross Revenue | 2nd-year franchisees (2025), per franchisee (2 owners; average 3.5 territories each) | 2 | 26,817 | 26,817 | 23,960 | 29,674 | Calendar year 2025 | 46 | +| Gross Revenue | 3rd-year franchisees (2025), per franchisee (2 owners; average 5.5 territories each) | 2 | 33,975 | 33,975 | 15,239 | 52,711 | Calendar year 2025 | 46 | +| Gross Revenue | 4th-year-and-later franchisees (2025), per franchisee (8 owners; average 6.8 territories each) | 8 | 70,444 | 66,166 | 4,352 | 161,453 | Calendar year 2025 | 46 | +| Average Job Size | All franchisees operating all of 2025 (system wide), per franchisee (18 owners; average 5.1 territories each) | 18 | 1,655.5 | 1,610 | 435 | 3,590 | Calendar year 2025 | 46 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 92 | 32 | 3 | not disclosed | not disclosed | not disclosed | not disclosed | 118 | +| 2024 | 118 | 3 | 0 | 0 | 0 | 0 | not disclosed | 121 | +| 2025 | 121 | 1 | 5 | 0 | 0 | 12 | not disclosed | 105 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 30,108 +- investment_midpoint_usd: 53,325 +- revenue_to_investment: not disclosed +- royalty_pct: 8 +- revenue_per_royalty_point_usd: 3,764 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 36,200 | 4 | 62 | 99,902.5 | lowest first | Outdoor | +| fee_low | 10,000 | 4 | 62 | 40,000 | lowest first | Outdoor | +| royalty | 8 | 34 | 54 | 7 | lowest first | Outdoor | +| allin | 10 | 33 | 54 | 9 | lowest first | Outdoor | +| outlets | 128 | 19 | 60 | 60 | highest first | Outdoor | +| growth | 8.5 | 15 | 39 | 4.6 | highest first | Outdoor | +| closure | 6.9 | 25 | 40 | 5.3 | lowest first | Outdoor | + +## Similar alternatives (closest first) +1. The Decor Group / Christmas Decor (same industry; investment from $38,750) +2. Mosquito Authority (same industry; investment from $39,000) +3. Premier Pool Service / Pinnacle Pool Service (same industry; investment from $43,150) +4. DryJect (same industry; investment from $46,100) +5. Outdoor Lighting Concepts (same industry; investment from $48,000) +6. Pacific Lawn Sprinklers (same industry; investment from $23,800) +7. Superior Mosquito Defense® (same industry; investment from $17,400) +8. NaturaLawn of America (same industry; investment from $57,500) +9. Premier Pools & Spas / Pinnacle Pools and Spas (same industry; investment from $58,950) +10. Augusta Lawn Care (same industry; investment from $60,500) + + +--- + +# Discovery Map + +- Brand slug: discovery-map +- Legal name: Discovery Map International, Inc +- Industry: B2B Supplies +- FDD year: 2025 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/discovery-map/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 25,000 +- initial_fee_high_usd: 25,000 +- royalty_pct: 10 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 1 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 29,250 +- total_investment_high_usd: 36,300 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Royalty 10% of printed advertising, 25% of website ads. Advertising 1% of gross sales. DPS fee $2,200/year. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 116 +- franchised_outlets: 116 +- company_outlets: 0 +- states_count: 28 +- closure_rate_pct: 4.1 +- closures: 14 +- closures_not_itemized: 0 +- reacquired: 1 +- franchised_outlet_years: 345 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -1.7 +- growth_outlets_from: 118 +- growth_outlets_to: 116 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 11 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 53,210 +- basis: median, franchises publishing map in fiscal year ending September 30, 2025, completed selling cycle, standard sizes (102 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Sales (Average Sales per Map) | franchises publishing map in fiscal year ending September 30, 2025, completed selling cycle, standard sizes | 102 | 58,171 | 53,210 | 10,430 | 214,930 | fiscal year ending September 30, 2025 | 33 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 114 | 2 | 2 | 0 | 1 | 0 | 15 | 113 | +| 2024 | 113 | 11 | 5 | 1 | 0 | 0 | 10 | 118 | +| 2025 | 118 | 4 | 6 | 0 | 0 | 0 | 6 | 116 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 53,210 +- investment_midpoint_usd: 32,775 +- revenue_to_investment: not disclosed +- royalty_pct: 10 +- revenue_per_royalty_point_usd: 5,321 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 29,250 | 18 | 70 | 78,025 | lowest first | B2B Supplies | +| fee_low | 25,000 | 24 | 65 | 35,900 | lowest first | B2B Supplies | +| royalty | 10 | 36 | 47 | 7 | lowest first | B2B Supplies | +| allin | 11 | 38 | 47 | 7.5 | lowest first | B2B Supplies | +| outlets | 116 | 21 | 68 | 41.5 | highest first | B2B Supplies | +| growth | -1.7 | 26 | 44 | 0 | highest first | B2B Supplies | +| closure | 4.1 | 13 | 40 | 6.55 | lowest first | B2B Supplies | + +## Similar alternatives (closest first) +1. Coastal Angler Magazine (same industry; investment from $28,975) +2. AmSpirit (same industry; investment from $21,400) +3. City Lifestyle (same industry; investment from $37,600) +4. RedKnight (same industry; investment from $17,900) +5. Dealer Specialties International (same industry; investment from $17,400) +6. Unishippers (same industry; investment from $17,365) +7. Schmidt (same industry; investment from $44,743) +8. Sculpture Hospitality (same industry; investment from $45,500) +9. Network Lead Exchange (same industry; investment from $12,450) +10. City Publications (same industry; investment from $46,300) + + +--- + +# Dogtopia + +- Brand slug: dogtopia +- Legal name: Better Together, LLC +- Industry: Pet Services +- FDD year: 2026 (WI) +- Source: https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=641000&hash=115475975&search=external&type=GENERAL +- FranchiseDepth page: https://franchisedepth.com/franchise/dogtopia/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 40,095 +- initial_fee_high_usd: 49,500 +- royalty_pct: 7 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 899 +- total_investment_low_usd: 664,355 +- total_investment_high_usd: 1,478,820 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard fee $49,500; 10% multi-unit discount to $44,550; veteran discount: $44,550 first Center or $40,095 subsequent Center. REAFC Fee additional $15,500-$44,500 depending on conversion/ownership status. Pre-opening tech fee $250/month; microsite setup $700 one-time. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 266 +- franchised_outlets: 225 +- company_outlets: 41 +- states_count: 37 +- closure_rate_pct: 0.7 +- closures: 4 +- closures_not_itemized: 0 +- reacquired: 2 +- franchised_outlet_years: 599 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 9 +- growth_outlets_from: 244 +- growth_outlets_to: 266 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 9 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 915,213 +- basis: median, Franchised Stores, open 24+ months as of 12/27/2025 (169 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| 2025 Gross Sales for All Qualifying Outlets – All Outlet Types | All Qualifying Outlets (Franchised + Company & Affiliated), open 24+ months as of 12/27/2025 | 202 | 935,548 | 921,160 | 295,287 | 2,153,303 | 2025 fiscal year (ended December 27, 2025) | 64 | +| 2025 Gross Sales for Franchised Qualifying Outlets – All | Franchised Stores, open 24+ months as of 12/27/2025 | 169 | 927,566 | 915,213 | 295,287 | 1,876,551 | 2025 fiscal year (ended December 27, 2025) | 64 | +| 2025 Gross Sales for Company & Affiliated Qualifying Outlets – All | Company & Affiliated Stores, open 24+ months as of 12/27/2025 | 33 | 976,425 | 937,399 | 565,111 | 2,153,303 | 2025 fiscal year (ended December 27, 2025) | 64 | +| 2025 Gross Sales – Franchised Operating 24 to 36 Months | Franchised Stores Operating 24 to 36 Months | 26 | 861,559 | 838,627 | 378,182 | 1,362,555 | 2025 fiscal year (ended December 27, 2025) | 64 | +| 2025 Gross Sales – Franchised Operating 36+ Months | Franchised Stores Operating 36+ Months | 143 | 939,567 | 920,536 | 295,287 | 1,876,551 | 2025 fiscal year (ended December 27, 2025) | 64 | +| 2025 Gross Sales – All Outlets Operating 24 to 36 Months | All Outlets (Franchised + Company & Affiliated) Operating 24 to 36 Months | 28 | 843,049 | 820,238 | 378,182 | 1,362,555 | 2025 fiscal year (ended December 27, 2025) | 64 | +| 2025 Gross Sales – All Outlets Operating 36+ Months | All Outlets (Franchised + Company & Affiliated) Operating 36+ Months | 174 | 950,433 | 928,292 | 295,287 | 2,153,303 | 2025 fiscal year (ended December 27, 2025) | 64 | +| Net Operating Margin – All Qualifying Outlets (Table 6) | All Qualifying Outlets – Franchised + Company & Affiliated (134 outlets) | 134 | 19.2 | 18.9 | -39.4 | 51.4 | 2025 fiscal year (ended December 27, 2025) | 63 | +| Net Operating Margin – All Franchised Qualifying Outlets (Table 6a) | All Franchised Qualifying Outlets (101 outlets) | 101 | 18.5 | 19.4 | -36 | 51.4 | 2025 fiscal year (ended December 27, 2025) | 63 | +| Net Operating Margin – Franchised $0-$900,000 Sales Bracket (Table 6a) | Franchised Stores with $0-$900,000 Annual Gross Sales (2025) | 34 | 9.3 | 14.7 | -36 | 29.1 | 2025 fiscal year (ended December 27, 2025) | 63 | +| Net Operating Margin – Franchised $900,000-$1,000,000 Sales Bracket (Table 6a) | Franchised Stores with $900,000-$1,000,000 Annual Gross Sales (2025) | 13 | 14.7 | 16.9 | -4.1 | 32.6 | 2025 fiscal year (ended December 27, 2025) | 63 | +| Net Operating Margin – Franchised $1,000,000-$1,500,000 Sales Bracket (Table 6a) | Franchised Stores with $1,000,000-$1,500,000 Annual Gross Sales (2025) | 52 | 21.7 | 21.2 | 5.6 | 51.4 | 2025 fiscal year (ended December 27, 2025) | 63 | +| Net Operating Margin – Franchised $1,500,000+ Sales Bracket (Table 6a) | Franchised Stores with $1,500,000+ Annual Gross Sales (2025) | 2 | 28.6 | 28.7 | 21.4 | 36 | 2025 fiscal year (ended December 27, 2025) | 63 | +| 2025 Gross Sales – Franchised Bottom 25% by Sales (Table 9a) | Franchised Stores Bottom 25% by 2025 Gross Sales | 42 | 555,451 | 588,558 | 295,287 | 698,476 | 2025 fiscal year (ended December 27, 2025) | 65 | +| 2025 Gross Sales – Franchised Next 25% (26-50th pct) by Sales (Table 9a) | Franchised Stores Next 25% (26th-50th percentile) by 2025 Gross Sales | 42 | 800,345 | 792,896 | 698,950 | 910,959 | 2025 fiscal year (ended December 27, 2025) | 65 | +| 2025 Gross Sales – Franchised Next 25% (51-75th pct) by Sales (Table 9a) | Franchised Stores Next 25% (51st-75th percentile) by 2025 Gross Sales | 42 | 1,013,135 | 1,002,715 | 915,213 | 1,130,574 | 2025 fiscal year (ended December 27, 2025) | 65 | +| 2025 Gross Sales – Franchised Top 25% by Sales (Table 9a) | Franchised Stores Top 25% by 2025 Gross Sales | 43 | 1,331,715 | 1,312,781 | 1,132,640 | 1,876,551 | 2025 fiscal year (ended December 27, 2025) | 65 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 174 | 33 | 0 | 0 | 2 | 0 | not disclosed | 205 | +| 2024 | 205 | 15 | 0 | 0 | 0 | 0 | not disclosed | 220 | +| 2025 | 220 | 9 | 2 | 0 | 0 | 2 | not disclosed | 225 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 1 +- renewal_term_years: 10 +- renewal_fee: You must: not be in default; give us timely notice; have substantially complied with the Franchise Agreement; sign then-current form of franchise agreement; sign general release (subject to state law); pay renewal fee; remodel Center and upgrade furniture, fixtures and equipment to current standards; complete refresher training (if we require it); and extend lease for duration of renewal term. +- transfer_fee: You must: submit transfer application; be in compliance with Franchise Agreement; assign lease, if applicable; pay transfer fee; subordinate transferee's ongoing payments owed to you (if any) to transferee's financial obligations owed to us; and sign general release (subject to state law). +- cure_period_days: 30 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 15 +- dispute_resolution: mediation +- governing_law_state: AZ +- fdd_page: 56 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 915,213 +- investment_midpoint_usd: 1,071,587 +- revenue_to_investment: 0.85 +- royalty_pct: 7 +- revenue_per_royalty_point_usd: 130,745 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 664,355 | 13 | 17 | 470,000 | lowest first | Daycare & Boarding | +| fee_low | 40,095 | 7 | 17 | 49,000 | lowest first | Daycare & Boarding | +| royalty | 7 | 12 | 17 | 6 | lowest first | Daycare & Boarding | +| allin | 9 | 13 | 17 | 8 | lowest first | Daycare & Boarding | +| outlets | 266 | 1 | 16 | 12.5 | highest first | Daycare & Boarding | +| growth | 9 | 17 | 28 | 12.65 | highest first | Pet Services | +| closure | 0.7 | 5 | 27 | 2.8 | lowest first | Pet Services | + +## Similar alternatives (closest first) +1. Hounds Town USA (same sub-category; investment from $667,610) +2. All American Pet Resorts (same sub-category; investment from $687,500) +3. District Dogs (same sub-category; investment from $622,225) +4. Camp Run-A-Mutt (same sub-category; investment from $588,900) +5. A Dog's Day Out (same sub-category; investment from $749,750) +6. Central Bark (same sub-category; investment from $522,474) +7. DoggieWorld (same sub-category; investment from $470,000) +8. Camp Bow Wow (same sub-category; investment from $954,606) +9. Dogdrop (same sub-category; investment from $356,050) +10. Playful Pack (same sub-category; investment from $286,250) + + +--- + +# ERA Group + +- Brand slug: era-group +- Legal name: Expense Reduction Analysts, Inc. +- Industry: B2B Supplies +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/era-group/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 64,900 +- initial_fee_high_usd: 69,900 +- royalty_pct: 15 +- royalty_min_monthly_usd: 1,051.65 +- marketing_fee_pct: 3 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 142.5 +- total_investment_low_usd: 76,000 +- total_investment_high_usd: 105,900 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Base fee is $69,900. VetFran® qualified veterans receive $5,000 discount ($64,900). Additional training fee: $10,000 per additional/substitute owner; $5,000 if spouse or immediate family member. Minimum Royalty Fee $1,051.65 per month for the first 36 months, then $1,314.56 per month for the rest of the initial term. Technology Fee $142.50 per month for the first 18 months, then $285 per month. National Conference Registration Fee currently $1,314.56 per attendee, payable in monthly installments whether or not you attend. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 196 +- franchised_outlets: 196 +- company_outlets: 0 +- states_count: 25 +- closure_rate_pct: 7.7 +- closures: 34 +- closures_not_itemized: 0 +- reacquired: 2 +- franchised_outlet_years: 441 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 34.2 +- growth_outlets_from: 146 +- growth_outlets_to: 196 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 18 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 268,982 +- basis: median, All Full-Time Regional Franchisees (18+ months operating) (86 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Net Cumulative Receipts | Top 25% (1st Quartile) by Net Cumulative Receipts - Full-Time Regional Franchisees, 18+ months operating | 22 | 900,566 | 734,102 | 510,989 | 2,998,404 | 2025 calendar year | not disclosed | +| Net Cumulative Receipts | 25-50% (2nd Quartile) by Net Cumulative Receipts - Full-Time Regional Franchisees, 18+ months operating | 21 | 356,457 | 341,597 | 261,053 | 468,148 | 2025 calendar year | not disclosed | +| Net Cumulative Receipts | 50-75% (3rd Quartile) by Net Cumulative Receipts - Full-Time Regional Franchisees, 18+ months operating | 21 | 208,279 | 202,622 | 151,816 | 257,796 | 2025 calendar year | not disclosed | +| Net Cumulative Receipts | Bottom 25% (4th Quartile) by Net Cumulative Receipts - Full-Time Regional Franchisees, 18+ months operating | 22 | 55,355 | 60,644 | 0 | 115,984 | 2025 calendar year | not disclosed | +| Net Cumulative Receipts | All Full-Time Regional Franchisees (18+ months operating) | 86 | 388,180 | 268,982 | 0 | 2,998,404 | 2025 calendar year | not disclosed | +| Net Cumulative Receipts | Part-Time Regional Franchisees (18+ months operating) | 51 | 30,939 | 109 | 0 | 436,063 | 2025 calendar year | not disclosed | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 136 | 23 | 6 | 0 | 2 | 7 | not disclosed | 144 | +| 2024 | 144 | 30 | 12 | 1 | 0 | 0 | not disclosed | 161 | +| 2025 | 161 | 43 | 8 | 0 | 0 | 0 | not disclosed | 196 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 268,982 +- investment_midpoint_usd: 90,950 +- revenue_to_investment: 2.96 +- royalty_pct: 15 +- revenue_per_royalty_point_usd: 17,932 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 76,000 | 35 | 70 | 78,025 | lowest first | B2B Supplies | +| fee_low | 64,900 | 61 | 65 | 35,900 | lowest first | B2B Supplies | +| royalty | 15 | 41 | 47 | 7 | lowest first | B2B Supplies | +| allin | 18 | 44 | 47 | 7.5 | lowest first | B2B Supplies | +| outlets | 196 | 14 | 68 | 41.5 | highest first | B2B Supplies | +| growth | 34.2 | 3 | 44 | 0 | highest first | B2B Supplies | +| closure | 7.7 | 23 | 40 | 6.55 | lowest first | B2B Supplies | + +## Similar alternatives (closest first) +1. Complete Mobile Drug Testing (same industry; investment from $72,350) +2. Gasket Guy (same industry; investment from $80,050) +3. World Options (same industry; investment from $81,100) +4. Instant Imprints (same industry; investment from $82,800) +5. TownePost (same industry; investment from $83,350) +6. Locals Love Us (same industry; investment from $66,750) +7. InXpress (same industry; investment from $86,900) +8. Money Mailer (same industry; investment from $64,630) +9. Runningboards Marketing (same industry; investment from $87,400) +10. Our Town America (same industry; investment from $64,399) + + +--- + +# Gymguyz + +- Brand slug: gymguyz +- Legal name: GYMGUYZ Franchising LLC +- Industry: Fitness & Wellness +- FDD year: 2025 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/gymguyz/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 49,500 +- initial_fee_high_usd: 49,500 +- royalty_pct: 7 +- royalty_min_monthly_usd: 650 +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: 87 +- tech_fee_monthly_usd: 643 +- total_investment_low_usd: 92,100 +- total_investment_high_usd: 174,000 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Base fee for 30,000-household territory. Additional $1.50/household for territories exceeding 30,000 (capped at 15,000 additional households). Discounts: $5,000 off for 2nd/3rd franchises or honorably discharged veterans (non-stackable). Excludes $11,500–$31,500 initial marketing fund and $0–$2,500 launch fund fee. Technology fee shown totals the $50 per two-week Technology Fee for a single unit (about $108 per month), the $375 per month POS System Fee (Mindbody), the $125 per month Microsite Fee (not to exceed $200 per microsite) and the $35 per month Hiring Platform Fee (plus tax), all paid to the franchisor. Search Engine Optimization Fee is $318 per month, paid to the franchisor. Telemarketing Fee is $299 per month, paid to the franchisor. VOIP Fee is $69 per month per line, paid to the franchisor. Social Media Posting Platform fee is currently $35 to $50 per month, not to exceed $100. The GYMGUYZ Training Application ($90 per month) is optional. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 130 +- franchised_outlets: 116 +- company_outlets: 16 +- states_count: 21 +- closure_rate_pct: 11.6 +- closures: 36 +- closures_not_itemized: 0 +- reacquired: 14 +- franchised_outlet_years: 311 +- closure_year_from: 2022 +- closure_year_to: 2024 +- closure_ranking_eligible: yes +- growth_pct: 33.3 +- growth_outlets_from: 99 +- growth_outlets_to: 132 +- growth_year_from: 2022 +- growth_year_to: 2024 +- growth_ranking_eligible: yes +- all_in_fee_pct: 9 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 130,644 +- basis: median, 85 franchised outlets (85 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Sales | Affiliate Owned Locations (3 units, Long Island, NY) | 3 | 409,731.67 | not disclosed | not disclosed | not disclosed | 2024 | 44 | +| Gross Profit Less Disclosed Expenses | Affiliate Owned Locations (3 units, Long Island, NY) | 3 | 193,891.33 | not disclosed | not disclosed | not disclosed | 2024 | 45 | +| Gross Profit Less Disclosed Expenses / Franchisee Related Expenses | Affiliate Owned Locations (3 units, Long Island, NY) | 3 | 160,712.67 | not disclosed | not disclosed | not disclosed | 2024 | 45 | +| Gross Sales | Affiliate Owned Locations (3 units, Long Island, NY) | 3 | 296,284.67 | not disclosed | not disclosed | not disclosed | 2023 | 44 | +| Gross Sales | 85 franchised outlets | 85 | 106,507.4 | 130,644 | 0 | 835,964 | | not disclosed | +| Average Gross Sales per FTE Trainer | 85 franchised outlets (51 FTE trainers aggregate) | 85 | 161,701.68 | not disclosed | not disclosed | not disclosed | | not disclosed | +| Gross Profit Less Disclosed Expenses | Affiliate Owned Locations (3 units, Long Island, NY) | 3 | 154,592 | not disclosed | not disclosed | not disclosed | 2023 | 45 | +| Gross Profit Less Disclosed Expenses / Franchisee Related Expenses | Affiliate Owned Locations (3 units, Long Island, NY) | 3 | 130,489.33 | not disclosed | not disclosed | not disclosed | 2023 | 45 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2022 | 95 | 15 | 0 | 0 | 0 | 13 | 3 | 97 | +| 2023 | 97 | 26 | 0 | 0 | 0 | 4 | 6 | 119 | +| 2024 | 119 | 30 | 13 | 0 | 14 | 6 | 3 | 116 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 130,644 +- investment_midpoint_usd: 133,050 +- revenue_to_investment: 0.98 +- royalty_pct: 7 +- revenue_per_royalty_point_usd: 18,663 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 92,100 | 7 | 52 | 253,425 | lowest first | Boutique Group Fitness | +| fee_low | 49,500 | 38 | 53 | 40,000 | lowest first | Boutique Group Fitness | +| royalty | 7 | 24 | 50 | 7 | lowest first | Boutique Group Fitness | +| allin | 9 | 27 | 50 | 8.5 | lowest first | Boutique Group Fitness | +| outlets | 132 | 11 | 53 | 30 | highest first | Boutique Group Fitness | +| growth | 33.3 | 3 | 23 | -10.5 | highest first | Boutique Group Fitness | +| closure | 11.6 | 14 | 23 | 11.1 | lowest first | Boutique Group Fitness | + +## Similar alternatives (closest first) +1. Fly to Fit Bungee Fitness Studio (same sub-category; investment from $94,200) +2. Special Strong (same sub-category; investment from $89,750) +3. ServiceRX (same sub-category; investment from $64,175) +4. Club KO (same sub-category; investment from $127,962) +5. A.E.S. Fitness (same sub-category; investment from $55,950) +6. Soldierfit (same sub-category; investment from $136,684) +7. Farrell's eXtreme Bodyshaping (same sub-category; investment from $151,028) +8. 9Round (same sub-category; investment from $160,449) +9. Moms on the RUN (same sub-category; investment from $13,900) +10. Fit4mom (same sub-category; investment from $8,245) + + +--- + +# Hand and Stone Massage and Facial Spa + +- Brand slug: hand-and-stone-massage-and-facial-spa +- Legal name: HAND AND STONE FRANCHISE LLC +- Industry: Fitness & Wellness +- FDD year: 2026 (WI) +- Source: https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=640845&hash=2025006140&search=external&type=GENERAL +- FranchiseDepth page: https://franchisedepth.com/franchise/hand-and-stone-massage-and-facial-spa/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 49,500 +- initial_fee_high_usd: 49,500 +- royalty_pct: 6 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 1 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 761 +- total_investment_low_usd: 320,891 +- total_investment_high_usd: 864,729 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard new franchisee fee is $49,500; existing franchisee additional units $39,500; VetFran 20% discount applies. In 2025 a conversion program waived fees for select conversions so fees ranged $0-$49,500. Area development minimum 3-spa package total $103,500 standard ($34,500/spa). + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 615 +- franchised_outlets: 600 +- company_outlets: 15 +- states_count: 38 +- closure_rate_pct: 0.6 +- closures: 9 +- closures_not_itemized: 0 +- reacquired: 1 +- franchised_outlet_years: 1594 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 13.5 +- growth_outlets_from: 542 +- growth_outlets_to: 615 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 7 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 1,236,266 +- basis: median, 570 Franchised Outlets open 12 months or more, Calendar Year 2025 (570 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Average Gross Sales — Corporate Spas Total | 15 Corporate Spas open 12 months or more, Calendar Year 2025 | 15 | 2,281,726 | 2,407,611 | 1,197,779 | 3,259,296 | 2025 calendar year | not disclosed | +| Average Gross Sales — Corporate Spas Top 25% | Top 25% of 15 Corporate Spas, Calendar Year 2025 | 4 | 3,033,222 | 3,087,976 | 2,697,639 | 3,259,296 | 2025 calendar year | not disclosed | +| Average Gross Sales — Corporate Spas Second 25% | Second 25% of 15 Corporate Spas, Calendar Year 2025 | 3 | 2,543,674 | 2,520,398 | 2,467,475 | 2,643,151 | 2025 calendar year | not disclosed | +| Average Gross Sales — Corporate Spas Third 25% | Third 25% of 15 Corporate Spas, Calendar Year 2025 | 4 | 2,081,525 | 2,084,771 | 1,748,946 | 2,407,611 | 2025 calendar year | not disclosed | +| Average Gross Sales — Corporate Spas Bottom 25% | Bottom 25% of 15 Corporate Spas, Calendar Year 2025 | 4 | 1,533,971 | 1,621,564 | 1,197,779 | 1,694,979 | 2025 calendar year | not disclosed | +| Average Gross Sales — Franchised Outlets Total | 570 Franchised Outlets open 12 months or more, Calendar Year 2025 | 570 | 1,334,936 | 1,236,266 | 145,813 | 4,394,479 | 2025 calendar year | not disclosed | +| Average Gross Sales — Franchised Outlets Top 25% | Top 25% of 570 Franchised Outlets, Calendar Year 2025 | 135 | 2,277,452 | 2,111,067 | 1,720,132 | 4,394,479 | 2025 calendar year | not disclosed | +| Average Gross Sales — Franchised Outlets Second 25% | Second 25% of 570 Franchised Outlets, Calendar Year 2025 | 143 | 1,469,435 | 1,466,559 | 1,264,389 | 1,719,338 | 2025 calendar year | not disclosed | +| Average Gross Sales — Franchised Outlets Third 25% | Third 25% of 570 Franchised Outlets, Calendar Year 2025 | 145 | 1,042,031 | 1,040,113 | 853,658 | 1,264,274 | 2025 calendar year | not disclosed | +| Average Gross Sales — Franchised Outlets Bottom 25% | Bottom 25% of 570 Franchised Outlets, Calendar Year 2025 | 147 | 627,439 | 633,540 | 145,813 | 853,147 | 2025 calendar year | not disclosed | +| Average Gross Sales — All Outlets Total | 585 outlets (570 franchised + 15 corporate) open 12 months or more, Calendar Year 2025 | 585 | 1,359,212 | 1,264,274 | 145,813 | 4,394,479 | 2025 calendar year | not disclosed | +| Average Massage Service Sales — Franchised Outlets Total | 570 Franchised Outlets open 12 months or more, Calendar Year 2025 | 570 | 795,502 | 715,529 | 63,797 | 2,186,824 | 2025 calendar year | not disclosed | +| Average Facial Service Sales — Franchised Outlets Total | 570 Franchised Outlets open 12 months or more, Calendar Year 2025 | 570 | 351,588 | 319,108 | 240 | 1,590,921 | 2025 calendar year | not disclosed | +| Average Product Sales — Franchised Outlets Total | 570 Franchised Outlets open 12 months or more, Calendar Year 2025 | 570 | 49,223 | 41,822 | 268 | 299,133 | 2025 calendar year | not disclosed | +| Average Gift Card Sales — Franchised Outlets Total | 570 Franchised Outlets open 12 months or more, Calendar Year 2025 | 570 | 146,413 | 126,483 | 21,754 | 725,828 | 2025 calendar year | not disclosed | +| Table 6b Gross Sales — Franchised Outlets with Expenses Total | 134 of 600 Franchised Outlets reporting expenses, Calendar Year 2025 | 134 | 1,402,246 | 1,280,006 | 392,276 | 4,394,479 | 2025 calendar year | not disclosed | +| Labor and Benefit Costs — Franchised Outlets Total (Table 6b) | 134 Franchised Outlets reporting expenses, Calendar Year 2025 | 134 | 704,996 | 617,112 | 237,633 | 2,198,568 | 2025 calendar year | not disclosed | +| Occupancy Costs — Franchised Outlets Total (Table 6b) | 134 Franchised Outlets reporting expenses, Calendar Year 2025 | 134 | 140,089 | 138,203 | 60,985 | 248,269 | 2025 calendar year | not disclosed | +| Table 6a Gross Sales — Corporate Spas Total | 15 Corporate Spas, Calendar Year 2025 | 15 | 2,281,726 | 2,407,611 | 1,197,779 | 3,259,296 | 2025 calendar year | not disclosed | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 487 | 43 | 2 | 0 | 1 | 0 | not disclosed | 527 | +| 2024 | 527 | 55 | 0 | 0 | 0 | 2 | not disclosed | 580 | +| 2025 | 580 | 25 | 4 | 0 | 0 | 1 | not disclosed | 600 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 1 +- renewal_term_years: 10 +- renewal_fee: renewal fee of equal to 25% of then current initial franchise fee +- transfer_fee: transfer fee equal to 50% of the then current initial franchise fee +- cure_period_days: 30 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 10 +- dispute_resolution: mediation +- governing_law_state: PA +- fdd_page: 46 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 1,236,266 +- investment_midpoint_usd: 592,810 +- revenue_to_investment: 2.09 +- royalty_pct: 6 +- revenue_per_royalty_point_usd: 206,044 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 320,891 | 5 | 13 | 476,459 | lowest first | Massage & Facial Spa | +| fee_low | 49,500 | 9 | 13 | 40,000 | lowest first | Massage & Facial Spa | +| royalty | 6 | 3 | 13 | 6 | lowest first | Massage & Facial Spa | +| allin | 7 | 3 | 13 | 7.75 | lowest first | Massage & Facial Spa | +| outlets | 615 | 2 | 13 | 64 | highest first | Massage & Facial Spa | +| growth | 13.5 | 3 | 9 | 5.8 | highest first | Massage & Facial Spa | +| closure | 0.6 | 4 | 9 | 1 | lowest first | Massage & Facial Spa | + +## Similar alternatives (closest first) +1. Viyada Thai SPA (same sub-category; investment from $311,400) +2. LaVida Massage (same sub-category; investment from $293,250) +3. Cloud 9 Foot Spa (same sub-category; investment from $262,450) +4. Massage Heights (same sub-category; investment from $472,199) +5. The NOW (same sub-category; investment from $476,459) +6. Spavia (same sub-category; investment from $495,800) +7. Brilliant Massage & Skin (same sub-category; investment from $120,767) +8. Elements Massage (same sub-category; investment from $567,239) +9. MassageLuXe (same sub-category; investment from $570,900) +10. Heyday (same sub-category; investment from $574,000) + + +--- + +# Huntington Learning Centers + +- Brand slug: huntington-learning-centers +- Legal name: Huntington Learning Centers Inc. +- Industry: Education +- FDD year: 2026 (WI) +- Source: https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=641005&hash=1553927880&search=external&type=GENERAL +- FranchiseDepth page: https://franchisedepth.com/franchise/huntington-learning-centers/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 42,000 +- initial_fee_high_usd: 42,000 +- royalty_pct: 9.5 +- royalty_min_monthly_usd: 2,000 +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: 500 +- tech_fee_monthly_usd: 1,375 +- total_investment_low_usd: 191,992 +- total_investment_high_usd: 340,632 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard fee $42,000. Multi-unit discount to $27,000 for 2nd+ units. Veteran discount to $31,500. Transfer fee $10,000 (IFF waived). Renewal fee $8,000 (IFF waived). MicroSchool amendment initial fee $10,000. During 2025, charged between $0 and $36,000. Advertising minimum: you must spend at least $57,000 per year on Huntington Services and eTutoring, including at least $2,000 each month, on top of the 2% Advertising Fund. CoOp fees average about $2,000 per month and are credited toward the advertising minimum. Call Center $415 per month plus $34.47 to $76.50 per academic evaluation, required for the whole term. Conference Services $315 per month, credited against usage charges, required. Marketing Communication Program spend of at least $100 per month. Required accounting and payroll software from the designated vendor costs $125 to $165 per month. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 245 +- franchised_outlets: 243 +- company_outlets: 2 +- states_count: 38 +- closure_rate_pct: 5.8 +- closures: 47 +- closures_not_itemized: 0 +- reacquired: 2 +- franchised_outlet_years: 813 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -12.2 +- growth_outlets_from: 279 +- growth_outlets_to: 245 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 11.5 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 533,106 +- basis: median, 232 franchised HLCs open all of 2025 (Mature Centers) (232 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Revenue | 232 franchised HLCs open all of 2025 (Mature Centers) | 232 | 609,454 | 533,106 | 136,567 | 3,093,560 | 2025 calendar year | 53 | +| Gross Revenue — Top 25% | Top 25% of 232 Mature Centers | 58 | 1,115,433 | 1,016,562 | 764,311 | 3,093,560 | 2025 calendar year | 53 | +| Gross Revenue — Mid-upper 25% | Mid-upper 25% of 232 Mature Centers | 58 | 646,065 | 635,442 | 533,308 | 759,290 | 2025 calendar year | 53 | +| Gross Revenue — Mid-lower 25% | Mid-lower 25% of 232 Mature Centers | 58 | 428,854 | 433,139 | 328,228 | 532,904 | 2025 calendar year | 53 | +| Gross Revenue — Bottom 25% | Bottom 25% of 232 Mature Centers | 58 | 247,465 | 242,341 | 136,567 | 327,440 | 2025 calendar year | 53 | +| Gross Revenue — Top half | Top half of 232 Mature Centers | 116 | 880,749 | 761,800 | 533,308 | 3,093,560 | 2025 calendar year | 54 | +| Gross Revenue — Bottom half | Bottom half of 232 Mature Centers | 116 | 338,159 | 327,834 | 136,567 | 532,904 | 2025 calendar year | 54 | +| Gross Revenue — $1M+ centers | 30 Mature Centers with Gross Revenue of $1,000,000 or more | 30 | 1,337,289 | 1,164,749 | not disclosed | not disclosed | 2025 calendar year | 52 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 280 | 4 | 10 | 0 | 1 | 0 | not disclosed | 273 | +| 2024 | 273 | 4 | 15 | 2 | 0 | 0 | not disclosed | 260 | +| 2025 | 260 | 4 | 17 | 3 | 1 | 0 | not disclosed | 243 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: not disclosed +- renewal_term_years: 10 +- renewal_fee: Pay a nonrefundable fee of $10,000 (if you have a Territory, the fee is greater). +- transfer_fee: You pay us a nonrefundable Transfer Fee of $1,000, plus our associated costs. (death/disability context; general transfer fee references 'Transfer Fee, our related costs, any related broker fees, and a Training and Technology Initial Fee' without a stated dollar amount) +- cure_period_days: 10 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 25 +- dispute_resolution: mediation +- governing_law_state: DE +- fdd_page: 45 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 533,106 +- investment_midpoint_usd: 266,312 +- revenue_to_investment: 2 +- royalty_pct: 9.5 +- revenue_per_royalty_point_usd: 56,116 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 191,992 | 22 | 24 | 98,065 | lowest first | Academic Tutoring | +| fee_low | 42,000 | 16 | 24 | 32,250 | lowest first | Academic Tutoring | +| royalty | 9.5 | 9 | 18 | 9.75 | lowest first | Academic Tutoring | +| allin | 11.5 | 11 | 18 | 11 | lowest first | Academic Tutoring | +| outlets | 245 | 5 | 24 | 43.5 | highest first | Academic Tutoring | +| growth | -12.2 | 13 | 16 | -7.3 | highest first | Academic Tutoring | +| closure | 5.8 | 8 | 16 | 6.05 | lowest first | Academic Tutoring | + +## Similar alternatives (closest first) +1. Prepaze Academy (same sub-category; investment from $154,000) +2. LearningRx (same sub-category; investment from $150,000) +3. Omega Learning Center (same sub-category; investment from $135,913) +4. Mathnasium (same sub-category; investment from $127,316) +5. Level UP Learning (same sub-category; investment from $126,265) +6. Sylvan Learning (same sub-category; investment from $117,600) +7. The Tutoring Center (same sub-category; investment from $114,420) +8. GradePower Learning (same sub-category; investment from $113,136) +9. Genius Kids (same sub-category; investment from $276,300) +10. Kumon (same sub-category; investment from $101,630) + + +--- + +# Liberty Tax Service + +- Brand slug: liberty-tax-service +- Legal name: JTH Tax LLC +- Industry: Tax & Financial +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/liberty-tax-service/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 25,000 +- initial_fee_high_usd: 25,000 +- royalty_pct: 14 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 5 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 49,700 +- total_investment_high_usd: 71,400 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard fee $25,000. Franchisor has offered franchises at reduced rates, including $0 in company store purchase programs. Royalty of 14% of Gross Receipts is subject to annual minimums: no minimum in year 1, $5,000 in year 2, $8,000 in year 3 and $11,000 in years 4 and 5. Any shortfall to the minimum is due May 5 for the twelve months ending April 30. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 1,663 +- franchised_outlets: 1,537 +- company_outlets: 126 +- states_count: 51 +- closure_rate_pct: 8.7 +- closures: 478 +- closures_not_itemized: 0 +- reacquired: 55 +- franchised_outlet_years: 5490 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -11.8 +- growth_outlets_from: 1,885 +- growth_outlets_to: 1,663 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 19 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 139,486 +- basis: median, 1,411 franchise-owned Liberty Tax offices operated during tax season 2025 and remained active into tax season 2026 (1,411 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Net Fees | 1,411 franchise-owned Liberty Tax offices operated during tax season 2025 and remained active into tax season 2026 | 1,411 | 164,860 | 139,486 | 5,306 | 1,145,331 | Tax season 2025 (January 1 - December 31, 2025) | not disclosed | +| Returns (Federal Tax Returns transmitted) | 1,411 franchise-owned Liberty Tax offices operated during tax season 2025 and remained active into tax season 2026 | 1,411 | 586 | 494 | 25 | 4,729 | Tax season 2025 (January 1 - December 31, 2025) | not disclosed | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 1,991 | 23 | 119 | 30 | 0 | 52 | not disclosed | 1,813 | +| 2024 | 1,813 | 34 | 73 | 38 | 12 | 38 | not disclosed | 1,686 | +| 2025 | 1,686 | 22 | 62 | 38 | 43 | 28 | not disclosed | 1,537 | + +## Agreement terms (Item 17) +- term_years: 5 +- renewal_count: not disclosed +- renewal_term_years: 5 +- renewal_fee: There is no fee for renewal but you must sign a general release of claims (Ex. D-4), at our request, remodel, refurbish, and modernize your franchised business, notify us in writing at least 180 days before the expiration of the agreement, be in full compliance with your Franchise Agreement and our Operations Manual and you will be required to sign our then-current standard franchise agreement 90 days before expiration of the agreement that may contain materially different terms and conditions t +- transfer_fee: You must be in compliance with the franchise agreement, pay transfer fees, sign a release (Ex. D-4), we must approve transferee, we have right of first refusal and transferee must attend and successfully complete training, transferee must agree to fully and timely complete a remodeling, refurbishing, and modernizing of the franchised business within 90 days following the completion of the transfer. +- cure_period_days: 7 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 25 +- dispute_resolution: arbitration +- governing_law_state: VA +- fdd_page: 55 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 139,486 +- investment_midpoint_usd: 60,550 +- revenue_to_investment: not disclosed +- royalty_pct: 14 +- revenue_per_royalty_point_usd: 9,963 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 49,700 | 18 | 52 | 59,350 | lowest first | Tax & Financial | +| fee_low | 25,000 | 17 | 51 | 29,500 | lowest first | Tax & Financial | +| royalty | 14 | 22 | 34 | 10 | lowest first | Tax & Financial | +| allin | 19 | 26 | 34 | 12 | lowest first | Tax & Financial | +| outlets | 1,663 | 4 | 52 | 78 | highest first | Tax & Financial | +| growth | -11.8 | 32 | 38 | -1.15 | highest first | Tax & Financial | +| closure | 8.7 | 24 | 36 | 6.15 | lowest first | Tax & Financial | + +## Similar alternatives (closest first) +1. Atax (same sub-category; investment from $59,150) +2. H&R Block (same sub-category; investment from $34,080) +3. Jackson Hewitt Tax Service (same sub-category; investment from $71,050) +4. Toro Taxes (same sub-category; investment from $17,835) +5. Estrella Insurance (same industry; investment from $49,950) +6. Decimal (same industry; investment from $46,300) +7. Loyalty Business Brokers (same industry; investment from $53,350) +8. Co/LAB (same industry; investment from $54,750) +9. Motto Mortgage (same industry; investment from $55,700) +10. Brightway Insurance (same industry; investment from $43,425) + + +--- + +# Mathnasium + +- Brand slug: mathnasium +- Legal name: Mathnasium Franchisor LLC +- Industry: Education +- FDD year: 2026 (WI) +- Source: https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=641614&hash=1383796229&search=external&type=GENERAL +- FranchiseDepth page: https://franchisedepth.com/franchise/mathnasium/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 49,000 +- initial_fee_high_usd: 49,000 +- royalty_pct: 10 +- royalty_min_monthly_usd: 1,500 +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 266 +- total_investment_low_usd: 127,316 +- total_investment_high_usd: 165,846 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard first-franchise fee $49,000; additional franchise or Center Director discount $26,500; transferee fee $7,000 (may be waived); veteran/educator discount 25% off first-center fee; development fee $75,500-$129,000 for 2-5 centers credited toward franchise fees. In 2025, fees paid ranged $0-$49,000. Royalty is 10% of monthly Gross Receipts; beginning in the 24th month of operation it is the greater of 10% or $1,500 per month. A Base Royalty of $650 per month is also payable, beginning 6 months after signing. Monthly Marketing Fee is $250 plus 2% of monthly Gross Receipts. A Digital and Local Marketing Fee of at least $1,000 per month is paid to the franchisor and credited against the local marketing requirement. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 1,047 +- franchised_outlets: 1,043 +- company_outlets: 4 +- states_count: 45 +- closure_rate_pct: 2.1 +- closures: 60 +- closures_not_itemized: 0 +- reacquired: 1 +- franchised_outlet_years: 2914 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 7.7 +- growth_outlets_from: 972 +- growth_outlets_to: 1,047 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 12 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 326,428 +- basis: median, 914 franchised Mathnasium Centers open and operated by the same franchisee 12 months or longer as of December 31, 2025 (914 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Annual Gross Receipts | 914 franchised Mathnasium Centers open and operated by the same franchisee 12 months or longer as of December 31, 2025 | 914 | 384,874 | 326,428 | 66,925 | 1,511,770 | January 1 - December 31, 2025 | 60 | +| Annual Gross Receipts | Top 1/4 of 914 franchised Mathnasium Centers open 12+ months | 229 | 693,314 | 635,510 | 467,777 | 1,511,770 | January 1 - December 31, 2025 | 60 | +| Annual Gross Receipts | Mid-Upper 1/4 of 914 franchised Mathnasium Centers open 12+ months | 228 | 391,418 | 391,156 | 326,710 | 466,924 | January 1 - December 31, 2025 | 60 | +| Annual Gross Receipts | Mid-Lower 1/4 of 914 franchised Mathnasium Centers open 12+ months | 228 | 278,021 | 274,816 | 235,325 | 326,146 | January 1 - December 31, 2025 | 60 | +| Annual Gross Receipts | Bottom 1/4 of 914 franchised Mathnasium Centers open 12+ months | 229 | 176,306 | 182,523 | 66,925 | 234,408 | January 1 - December 31, 2025 | 60 | +| Operating Profit | 914 franchised Mathnasium Centers (Covered Centers) open 12+ months with complete 2025 P&Ls | 914 | 117,000 | 111,630 | not disclosed | not disclosed | January 1 - December 31, 2025 | 61 | +| Annual Gross Receipts per center | Franchisees owning 1 Center (289 franchisees), centers open 36+ months under the same franchisee | 289 | 373,107 | 318,865 | 90,745 | 1,335,332 | January 1 - December 31, 2025 | 64 | +| Annual Gross Receipts per center | Franchisees owning 2 Centers (60 franchisees), centers open 36+ months under the same franchisee | 120 | 407,394 | 338,334 | 91,037 | 1,283,151 | January 1 - December 31, 2025 | 64 | +| Annual Gross Receipts per center | Franchisees owning 3-5 Centers (26 franchisees), centers open 36+ months under the same franchisee | 92 | 453,229 | 390,326 | 77,077 | 1,511,770 | January 1 - December 31, 2025 | 64 | +| Annual Gross Receipts per center | Franchisees owning 6+ Centers (14 franchisees), centers open 36+ months under the same franchisee | 158 | 467,965 | 419,572 | 122,948 | 1,387,460 | January 1 - December 31, 2025 | 64 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 951 | 43 | 0 | 0 | 1 | 25 | not disclosed | 968 | +| 2024 | 968 | 47 | 0 | 0 | 0 | 20 | not disclosed | 995 | +| 2025 | 995 | 63 | 0 | 0 | 0 | 15 | not disclosed | 1,043 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 326,428 +- investment_midpoint_usd: 146,581 +- revenue_to_investment: 2.23 +- royalty_pct: 10 +- revenue_per_royalty_point_usd: 32,643 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 127,316 | 18 | 24 | 98,065 | lowest first | Academic Tutoring | +| fee_low | 49,000 | 19 | 24 | 32,250 | lowest first | Academic Tutoring | +| royalty | 10 | 10 | 18 | 9.75 | lowest first | Academic Tutoring | +| allin | 12 | 12 | 18 | 11 | lowest first | Academic Tutoring | +| outlets | 1,047 | 2 | 24 | 43.5 | highest first | Academic Tutoring | +| growth | 7.7 | 2 | 16 | -7.3 | highest first | Academic Tutoring | +| closure | 2.1 | 4 | 16 | 6.05 | lowest first | Academic Tutoring | + +## Similar alternatives (closest first) +1. Level UP Learning (same sub-category; investment from $126,265) +2. Omega Learning Center (same sub-category; investment from $135,913) +3. Sylvan Learning (same sub-category; investment from $117,600) +4. The Tutoring Center (same sub-category; investment from $114,420) +5. GradePower Learning (same sub-category; investment from $113,136) +6. LearningRx (same sub-category; investment from $150,000) +7. Kumon (same sub-category; investment from $101,630) +8. Prepaze Academy (same sub-category; investment from $154,000) +9. The Resource Room (same sub-category; investment from $94,500) +10. Tutor Doctor (same sub-category; investment from $94,295) + + +--- + +# Pet Supplies Plus + +- Brand slug: pet-supplies-plus +- Legal name: PSP Franchise Operations SPV, LLC +- Industry: Pet Services +- FDD year: 2025 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/pet-supplies-plus/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 49,900 +- initial_fee_high_usd: 49,900 +- royalty_pct: 3 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 3.5 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 540,520 +- total_investment_high_usd: 1,975,005 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Single fee of $49,900; waived for approved conversions. Existing franchisees pay $35,000 for 2nd+ stores. Employees pay $10,000. VetFran 20% discount; First Responder 10% discount. Multi-Unit Fee: $49,900 for first store + $35,000 per additional store. Royalty is 2% of monthly Gross Sales for the first 12 months of operation and 3% after. Advertising in the first 12 months of operation is a fixed $4,350 per month: $3,350 Local Marketing Spend plus $1,000 to the National Advertising Fund. After the first 12 months, the advertising contribution is the lesser of 3.5% of Gross Sales or $8,333 per month, with 2/3 directed to Local Marketing Spend (remitted to a third-party vendor) and 1/3 to the National Advertising Fund. Advertising contributions are capped at $100,000 per store per year. Technology Fee is estimated at $925–$1,200 per month based on store build-out. Point of Sale equipment must be leased from the franchisor at an estimated $265–$340 per month. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 735 +- franchised_outlets: 502 +- company_outlets: 233 +- states_count: 40 +- closure_rate_pct: 1.2 +- closures: 16 +- closures_not_itemized: 0 +- reacquired: 4 +- franchised_outlet_years: 1288 +- closure_year_from: 2022 +- closure_year_to: 2024 +- closure_ranking_eligible: yes +- growth_pct: 11.4 +- growth_outlets_from: 660 +- growth_outlets_to: 735 +- growth_year_from: 2022 +- growth_year_to: 2024 +- growth_ranking_eligible: yes +- all_in_fee_pct: 6.5 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 2,496,071 +- basis: median, Average of All Stores (347 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Average Weekly Gross Sales | 1 Year | 37 | 32,566 | 32,467 | 18,428 | 62,080 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Weekly Gross Sales | 2 Years | 34 | 40,041 | 40,108 | 19,366 | 58,927 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Weekly Gross Sales | 3 Years | 33 | 45,513 | 44,649 | 22,212 | 85,058 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Weekly Gross Sales | 4+ Years | 243 | 56,489 | 53,979 | 24,625 | 132,180 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Weekly Gross Sales | Average of All Stores | 347 | 51,283 | 48,001 | 18,428 | 132,180 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Annual Gross Sales | 1 Year | 37 | 1,693,451 | 1,688,265 | 958,273 | 3,228,158 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Annual Gross Sales | 2 Years | 34 | 2,082,112 | 2,085,636 | 1,007,028 | 3,064,219 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Annual Gross Sales | 3 Years | 33 | 2,366,665 | 2,321,758 | 1,155,048 | 4,422,997 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Annual Gross Sales | 4+ Years | 243 | 2,937,419 | 2,806,907 | 1,280,489 | 6,873,341 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Annual Gross Sales | Average of All Stores | 347 | 2,666,693 | 2,496,071 | 958,273 | 6,873,341 | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Gross Margin % | 1 Year | 37 | 40.5 | 40.3 | 30.4 | 50.8 | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Gross Margin % | 2 Years | 34 | 40.5 | 40.2 | 31.5 | 50.3 | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Gross Margin % | 3 Years | 33 | 40.3 | 40.3 | 34.1 | 47.2 | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Gross Margin % | 4+ Years | 243 | 36.9 | 36.2 | 27.7 | 48.2 | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Gross Margin % | Average of All Stores | 347 | 38 | 37.4 | 27.7 | 50.8 | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent | 1 Year | 37 | 176,225 | 162,051 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent | 2 Years | 34 | 171,118 | 167,901 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent | 3 Years | 33 | 176,204 | 176,291 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent | 4+ Years | 243 | 186,747 | 177,411 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent | Average of All Stores | 347 | 183,091 | 172,823 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent % of Gross Sales | 1 Year | 37 | 10.4 | 11.2 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent % of Gross Sales | 2 Years | 34 | 8.2 | 8.3 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent % of Gross Sales | 3 Years | 33 | 7.4 | 7.5 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent % of Gross Sales | 4+ Years | 243 | 6.4 | 6.2 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent % of Gross Sales | Average of All Stores | 347 | 6.9 | 6.7 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense | 1 Year | 37 | 325,366 | 304,549 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense | 2 Years | 34 | 389,644 | 366,309 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense | 3 Years | 33 | 390,334 | 373,874 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense | 4+ Years | 243 | 390,411 | 357,738 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense | Average of All Stores | 347 | 383,393 | 352,920 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense Percent of Gross Sales | 1 Year | 37 | 19.2 | 20 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense Percent of Gross Sales | 2 Years | 34 | 18.7 | 17.8 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense Percent of Gross Sales | 3 Years | 33 | 16.5 | 16.4 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense Percent of Gross Sales | 4+ Years | 243 | 13.3 | 12.8 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense Percent of Gross Sales | Average of All Stores | 347 | 14.4 | 14.5 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2022 | 374 | 60 | 0 | 0 | 1 | 4 | not disclosed | 429 | +| 2023 | 429 | 60 | 0 | 0 | 0 | 4 | not disclosed | 485 | +| 2024 | 485 | 28 | 0 | 0 | 3 | 8 | not disclosed | 502 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 2 +- renewal_term_years: 5 +- renewal_fee: pay a renewal fee of $2,500 +- transfer_fee: you or the transferee pay a transfer fee of $5,000 +- cure_period_days: 15 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 5 +- dispute_resolution: mediation +- governing_law_state: MI +- fdd_page: 50 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 2,496,071 +- investment_midpoint_usd: 1,257,762 +- revenue_to_investment: 1.98 +- royalty_pct: 3 +- revenue_per_royalty_point_usd: 832,024 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 540,520 | 7 | 8 | 273,567.5 | lowest first | Pet Retail | +| fee_low | 49,900 | 5 | 8 | 47,450 | lowest first | Pet Retail | +| royalty | 3 | 1 | 8 | 5.25 | lowest first | Pet Retail | +| allin | 6.5 | 4 | 8 | 6.5 | lowest first | Pet Retail | +| outlets | 735 | 1 | 8 | 64.5 | highest first | Pet Retail | +| growth | 11.4 | 15 | 28 | 12.65 | highest first | Pet Services | +| closure | 1.2 | 8 | 27 | 2.8 | lowest first | Pet Services | + +## Similar alternatives (closest first) +1. Natural Hounds (same sub-category; investment from $347,026) +2. Petland (same sub-category; investment from $315,500) +3. Pet Evolution (same sub-category; investment from $800,550) +4. Wild Birds Unlimited (same sub-category; investment from $231,635) +5. Three Dog Bakery (same sub-category; investment from $181,087) +6. Pet Wants (same sub-category; investment from $148,150) +7. Salty Paws® (same sub-category; investment from $99,270) +8. Central Bark (same industry; investment from $522,474) +9. WNW (same industry; investment from $520,250) +10. Camp Run-A-Mutt (same industry; investment from $588,900) + + +--- + +# Supercuts + +- Brand slug: supercuts +- Legal name: Supercuts, Inc. +- Industry: Salon & Beauty +- FDD year: 2025 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/supercuts/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 39,500 +- initial_fee_high_usd: 39,500 +- royalty_pct: 6 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 5 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 185,930 +- total_investment_high_usd: 323,460 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Supercuts uses a Development Fee structure in lieu of a separate Initial Franchise Fee for new franchisees (those signing after September 29, 2011). The Development Fee serves as full payment for development and franchise rights: $39,500 for a Single Salon, $69,500 for 3-Salon Fast Start, $99,500 for 6-Salon Fast Start, plus $10,000 for each additional Salon beyond 6. There is no separate Initial Franchise Fee charged under the Franchise Agreement for these new franchisees. Existing franchisees who signed before September 30, 2011 pay lower Development Fees ($10,000–$12,500 per Salon) and $0 Initial Franchise Fee. During the last fiscal year, Development Fees ranged from $0 to $39,500, reflecting possible waivers or reductions in unique situations. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 1,801 +- franchised_outlets: 1,701 +- company_outlets: 100 +- states_count: 47 +- closure_rate_pct: 7.6 +- closures: 478 +- closures_not_itemized: 0 +- reacquired: 108 +- franchised_outlet_years: 6257 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -13.3 +- growth_outlets_from: 2,077 +- growth_outlets_to: 1,801 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 11 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 297,216 +- basis: median, TOTALS (1,661 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Average Gross Sales / Median Gross Sales / Max Gross Sales / Min Gross Sales | Top | 553 | 478,554 | 438,149 | 356,437 | 1,199,963 | Fiscal Year 2024-2025 (July 1, 2024 through June 30, 2025) | 66 | +| Average Gross Sales / Median Gross Sales / Max Gross Sales / Min Gross Sales | Mid | 554 | 300,051 | 297,217 | 250,731 | 356,384 | Fiscal Year 2024-2025 (July 1, 2024 through June 30, 2025) | 66 | +| Average Gross Sales / Median Gross Sales / Max Gross Sales / Min Gross Sales | Bottom | 554 | 188,594 | 195,944 | 35,691 | 250,421 | Fiscal Year 2024-2025 (July 1, 2024 through June 30, 2025) | 67 | +| Average Gross Sales / Median Gross Sales / Max Gross Sales / Min Gross Sales | TOTALS | 1,661 | 322,306 | 297,216 | 35,691 | 1,199,963 | Fiscal Year 2024-2025 (July 1, 2024 through June 30, 2025) | 67 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 2,252 | 14 | 0 | 0 | 0 | 196 | not disclosed | 2,070 | +| 2024 | 2,070 | 10 | 0 | 0 | 0 | 145 | not disclosed | 1,935 | +| 2025 | 1,935 | 11 | 0 | 0 | 108 | 137 | not disclosed | 1,701 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 297,216 +- investment_midpoint_usd: 254,695 +- revenue_to_investment: 1.17 +- royalty_pct: 6 +- revenue_per_royalty_point_usd: 49,536 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 185,930 | 10 | 17 | 184,794 | lowest first | Hair Salon | +| fee_low | 39,500 | 8 | 17 | 39,500 | lowest first | Hair Salon | +| royalty | 6 | 4 | 13 | 6 | lowest first | Hair Salon | +| allin | 11 | 12 | 13 | 8 | lowest first | Hair Salon | +| outlets | 1,801 | 2 | 17 | 48 | highest first | Hair Salon | +| growth | -13.3 | 8 | 11 | 0.3 | highest first | Hair Salon | +| closure | 7.6 | 8 | 11 | 5.8 | lowest first | Hair Salon | + +## Similar alternatives (closest first) +1. Lemon Tree (same sub-category; investment from $184,794) +2. SmartStyle (same sub-category; investment from $184,440) +3. Great Clips (same sub-category; investment from $187,800) +4. Sharkey's Cuts for Kids (same sub-category; investment from $189,415) +5. Cost Cutters (same sub-category; investment from $180,990) +6. Snip-its Salon (same sub-category; investment from $200,455) +7. Sit Still (same sub-category; investment from $157,984) +8. Primp and Blow (same sub-category; investment from $144,970) +9. Hair Cuttery (same sub-category; investment from $230,462) +10. Cookie Cutters (same sub-category; investment from $138,200) + + +--- + +# Take 5 Oil Change + +- Brand slug: take-5-oil-change +- Legal name: Take 5 Franchisor SPV LLC +- Industry: Automotive Services +- FDD year: 2025 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/take-5-oil-change/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 45,000 +- initial_fee_high_usd: 45,000 +- royalty_pct: 7 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 5 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 249 +- total_investment_low_usd: 912,248 +- total_investment_high_usd: 2,053,642 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +The initial franchise fee is $45,000, payable in lump sum at signing of the Franchise Agreement, and is non-refundable. During fiscal year 2024, franchisees paid an initial franchise fee ranging from $0 to $35,000. For Area Development Agreements, the development fee is 50% of the aggregate initial franchise fees for all Centers in the development schedule, applied toward each Center's franchise fee at signing. Incentive programs may waive or reduce the fee or modify payment timing. Additional required fees at signing include a $3,000 Software Installation Fee, a $20,000 Grand Opening Contribution, FF&E Package ($29,497–$39,388), and Opening Inventory ($23,000–$35,000). + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 1,142 +- franchised_outlets: 432 +- company_outlets: 710 +- states_count: 36 +- closure_rate_pct: 0.3 +- closures: 2 +- closures_not_itemized: 0 +- reacquired: 4 +- franchised_outlet_years: 686 +- closure_year_from: 2022 +- closure_year_to: 2024 +- closure_ranking_eligible: yes +- growth_pct: 41.5 +- growth_outlets_from: 807 +- growth_outlets_to: 1,142 +- growth_year_from: 2022 +- growth_year_to: 2024 +- growth_ranking_eligible: yes +- all_in_fee_pct: 12 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 1,271,529 +- basis: median, 223 franchised Take 5 Oil Change Centers open at least 2 full years as of December 28, 2024 (223 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Sales | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 1,384,790 | 1,327,808 | 190,365 | 3,474,051 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| COGS | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 386,993 | 375,891 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Gross Profit | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 997,797 | 951,917 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Payroll | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 277,251 | 265,871 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Marketing Fund | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 69,240 | 66,390 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Misc. Variable | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 88,195 | 80,629 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Total Variable Expenses | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 434,685 | 412,890 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Occupancy | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 95,193 | 97,119 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Insurance | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 8,783 | 8,783 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Total Fixed Expenses | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 103,976 | 105,901 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Royalty Fee | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 96,935 | 92,947 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| 4-Wall EBITDA | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 362,201 | 340,178 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Gross Sales | Bottom 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales | 149 | 931,354 | 949,290 | 190,365 | 1,327,689 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 83 | +| Gross Sales | Top 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales | 149 | 1,838,227 | 1,703,407 | 1,327,927 | 3,474,051 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 83 | +| 4-Wall EBITDA | Bottom 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales | 149 | 162,874 | not disclosed | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 83 | +| 4-Wall EBITDA | Top 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales | 149 | 561,527 | not disclosed | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 83 | +| Gross Sales - Year 1 | 293 franchised Take 5 Oil Change Centers - Year 1 (opened December 28, 2019 through December 30, 2023) | 293 | 901,665 | 865,488 | 255,888 | 2,076,227 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 87 | +| Gross Sales - Year 2 | 193 franchised Take 5 Oil Change Centers - Year 2 (opened December 28, 2019 through December 30, 2023) | 193 | 1,133,199 | 1,118,116 | 303,893 | 2,228,401 | Year 2 of operation (franchisees opened 2020-2023 fiscal years) | 87 | +| Gross Sales - Year 3 | 102 franchised Take 5 Oil Change Centers - Year 3 (opened December 28, 2019 through December 30, 2023) | 102 | 1,333,101 | 1,275,933 | 377,130 | 2,829,308 | Year 3 of operation (franchisees opened 2020-2023 fiscal years) | 87 | +| CPD (Cars Per Day) - Year 1 | 293 franchised Take 5 Oil Change Centers - Year 1 (opened December 28, 2019 through December 30, 2023) | 293 | 28 | 27 | 10 | 74 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 87 | +| CPD (Cars Per Day) - Year 2 | 193 franchised Take 5 Oil Change Centers - Year 2 (opened December 28, 2019 through December 30, 2023) | 193 | 33 | 31 | 10 | 81 | Year 2 of operation (franchisees opened 2020-2023 fiscal years) | 87 | +| CPD (Cars Per Day) - Year 3 | 102 franchised Take 5 Oil Change Centers - Year 3 (opened December 28, 2019 through December 30, 2023) | 102 | 36 | 34 | 10 | 79 | Year 3 of operation (franchisees opened 2020-2023 fiscal years) | 87 | +| Gross Sales - Year 1 by Population Group: Less than 20,000 | Year 1 franchised centers in Population Group: Less than 20,000 residents within 3-mile radius | 29 | 841,722 | 800,282 | 411,353 | 1,770,189 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: 20,001 - 30,000 | Year 1 franchised centers in Population Group: 20,001 - 30,000 residents within 3-mile radius | 42 | 891,697 | 861,505 | 355,776 | 1,651,717 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: 30,001 - 40,000 | Year 1 franchised centers in Population Group: 30,001 - 40,000 residents within 3-mile radius | 51 | 882,652 | 837,354 | 523,952 | 1,728,853 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: 40,001 - 50,000 | Year 1 franchised centers in Population Group: 40,001 - 50,000 residents within 3-mile radius | 43 | 951,486 | 899,458 | 326,860 | 2,076,227 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: 50,001 - 60,000 | Year 1 franchised centers in Population Group: 50,001 - 60,000 residents within 3-mile radius | 24 | 1,033,055 | 979,989 | 519,113 | 1,698,963 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: 60,001 - 70,000 | Year 1 franchised centers in Population Group: 60,001 - 70,000 residents within 3-mile radius | 31 | 821,309 | 739,039 | 435,871 | 1,809,743 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: 70,001 - 100,000 | Year 1 franchised centers in Population Group: 70,001 - 100,000 residents within 3-mile radius | 43 | 906,413 | 914,268 | 255,888 | 1,525,368 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: Greater than 100,000 | Year 1 franchised centers in Population Group: Greater than 100,000 residents within 3-mile radius | 30 | 905,598 | 935,032 | 490,334 | 1,474,776 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Open More Than 1 Year (2024 Fiscal Year) | 323 franchised Take 5 Oil Change Centers open at least one full year as of December 28, 2024 | 323 | 1,235,518 | 1,137,962 | 409,268 | 3,637,350 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 90 | +| Gross Sales - Open More Than 2 Years (2024 Fiscal Year) | 223 franchised Take 5 Oil Change Centers open at least 2 full years as of December 28, 2024 | 223 | 1,337,871 | 1,271,529 | 409,268 | 3,637,350 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 90 | +| CPD (Cars Per Day) - Open More Than 1 Year (2024 Fiscal Year) | 323 franchised Take 5 Oil Change Centers open at least one full year as of December 28, 2024 | 323 | 32 | 30 | 10 | 113 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 90 | +| CPD (Cars Per Day) - Open More Than 2 Years (2024 Fiscal Year) | 223 franchised Take 5 Oil Change Centers open at least 2 full years as of December 28, 2024 | 223 | 35 | 32 | 10 | 113 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 90 | +| Pre-Acquisition Gross Sales | 32 M&A Centers (affiliate-owned, acquired from existing quick lube businesses, converted to Take 5) - Pre-Acquisition | 32 | 907,496 | 861,068 | 414,604 | 1,403,755 | 12-month period prior to acquisition by affiliate | 91 | +| Year 1 Gross Sales (M&A Centers) | 32 M&A Centers (affiliate-owned) - Year 1 as Take 5 Oil Change Centers | 32 | 1,167,959 | 1,107,852 | 656,596 | 2,370,545 | Year 1 of operation as Take 5 Oil Change Center (acquired December 28, 2019 through December 30, 2023) | 91 | +| Year 2 Gross Sales (M&A Centers) | 23 M&A Centers (affiliate-owned) - Year 2 as Take 5 Oil Change Centers | 23 | 1,345,075 | 1,300,631 | 604,845 | 2,580,675 | Year 2 of operation as Take 5 Oil Change Center (acquired December 28, 2019 through December 30, 2023) | 91 | +| Year 3 Gross Sales (M&A Centers) | 11 M&A Centers (affiliate-owned) - Year 3 as Take 5 Oil Change Centers | 11 | 1,399,988 | 1,295,899 | 598,837 | 2,204,621 | Year 3 of operation as Take 5 Oil Change Center (acquired December 28, 2019 through December 30, 2023) | 91 | +| Gross Profit | Bottom 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales | 149 | 664,394 | not disclosed | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 83 | +| Gross Profit | Top 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales | 149 | 1,331,201 | not disclosed | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 83 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2022 | 134 | 94 | 0 | 0 | 1 | 0 | not disclosed | 227 | +| 2023 | 227 | 100 | 1 | 0 | 1 | 0 | not disclosed | 325 | +| 2024 | 325 | 110 | 1 | 0 | 2 | 0 | not disclosed | 432 | + +## Agreement terms (Item 17) +- term_years: 15 +- renewal_count: 1 +- renewal_term_years: 15 +- renewal_fee: Pay successor franchise fee equal to 50% of our then current initial franchise fee; sign then current form of franchise agreement and other agreements (which may be materially different). +- transfer_fee: You or transferee pay training and transfer fee equal to 50% of our then current initial franchise fee; if we obtain a purchaser, you must pay us 10% of the purchase price. +- cure_period_days: 30 +- noncompete_post_term_years: 3 +- noncompete_post_term_radius_miles: 5 +- dispute_resolution: litigation +- governing_law_state: NC +- fdd_page: 72 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 1,271,529 +- investment_midpoint_usd: 1,482,945 +- revenue_to_investment: 0.86 +- royalty_pct: 7 +- revenue_per_royalty_point_usd: 181,647 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 912,248 | 9 | 9 | 235,000 | lowest first | Oil Change & Quick Lube | +| fee_low | 45,000 | 8 | 9 | 30,000 | lowest first | Oil Change & Quick Lube | +| royalty | 7 | 8 | 9 | 6 | lowest first | Oil Change & Quick Lube | +| allin | 12 | 9 | 9 | 8 | lowest first | Oil Change & Quick Lube | +| outlets | 1,142 | 3 | 9 | 78 | highest first | Oil Change & Quick Lube | +| growth | 41.5 | 3 | 46 | -0.35 | highest first | Automotive Services | +| closure | 0.3 | 5 | 46 | 4.25 | lowest first | Automotive Services | + +## Similar alternatives (closest first) +1. Grease Monkey (same sub-category; investment from $708,057) +2. SpeeDee Oil Change & Auto Service (same sub-category; investment from $708,057) +3. Jiffy Lube (same sub-category; investment from $236,000) +4. Victory Lane (same sub-category; investment from $235,000) +5. Valvoline Instant Oil Change (same sub-category; investment from $192,375) +6. Econo Lube N' Tune & Brakes (same sub-category; investment from $184,377) +7. Costa Oil (same sub-category; investment from $131,750) +8. All Tune and Lube® (same sub-category; investment from $103,800) +9. Hertz (same industry; investment from $879,300) +10. RNR Tire Express (same industry; investment from $718,561) + + +--- + +# The Joint + +- Brand slug: the-joint +- Legal name: The Joint Corp +- Industry: Health & Medical +- FDD year: 2025 (NASAA EFD) +- Source: https://www.nasaaefd.org/Franchise/Search +- FranchiseDepth page: https://franchisedepth.com/franchise/the-joint/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 39,900 +- initial_fee_high_usd: 39,900 +- royalty_pct: 7 +- royalty_min_monthly_usd: 700 +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 599 +- total_investment_low_usd: 245,250 +- total_investment_high_usd: 543,000 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard $39,900. 2025 Sales Incentive: Franchise Agreements signed in 2025 (through December 31, 2025) received an additional 50% discount off the initial franchise fee ($19,950 instead of $39,900). Veterans $6K discount ($33,900). Multi-clinic $10K discount per additional unit ($29,900). DC Path to Ownership $19,900 discount ($20,000). Non-combinable except 2025 Incentive. Local Advertising Commitment: the franchisee must spend the greater of 5% of Gross Sales or $3,000 per month on local advertising, paid to third parties and in addition to the Brand Fund Fee; compliance is measured on a rolling 6-month basis, and a shortfall may be charged at 10% of the deficiency, paid into the Brand Fund. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 970 +- franchised_outlets: 845 +- company_outlets: 125 +- states_count: 41 +- closure_rate_pct: 1.6 +- closures: 33 +- closures_not_itemized: 0 +- reacquired: 19 +- franchised_outlet_years: 2122 +- closure_year_from: 2022 +- closure_year_to: 2024 +- closure_ranking_eligible: yes +- growth_pct: 15.8 +- growth_outlets_from: 838 +- growth_outlets_to: 970 +- growth_year_from: 2022 +- growth_year_to: 2024 +- growth_ranking_eligible: yes +- all_in_fee_pct: 9 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 527,787 +- basis: median, All 785 Franchised Clinics (785 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Sales | Quartile 1 (Top 25%) | 196 | 913,466 | 859,413 | 709,832 | 1,941,371 | Calendar Year 2024 | 54 | +| Gross Sales | Quartile 2 | 196 | 606,178 | 598,158 | 528,193 | 707,745 | Calendar Year 2024 | 54 | +| Gross Sales | Quartile 3 | 196 | 456,472 | 458,545 | 386,649 | 527,787 | Calendar Year 2024 | 54 | +| Gross Sales | Quartile 4 (Bottom 25%) | 197 | 303,525 | 314,895 | 122,807 | 386,417 | Calendar Year 2024 | 54 | +| Gross Sales | All 785 Franchised Clinics | 785 | 569,571 | 527,787 | 122,807 | 1,941,371 | Calendar Year 2024 | 54 | +| Net Profit | All Qualifying Outlets (406 Franchised) | 406 | 105,050 | 91,488 | -154,839 | 721,629 | Calendar Year 2024 | 54 | +| Net Profit | $1M+ Gross Sales (26 Clinics) | 26 | 354,878 | 359,774 | 161,790 | 721,629 | Calendar Year 2024 | 55 | +| Net Profit | Quartile 1 | 102 | 248,208 | 233,132 | 13,828 | 721,629 | Calendar Year 2024 | 55 | +| Net Profit | Quartile 2 | 101 | 128,663 | 123,390 | -51,377 | 268,186 | Calendar Year 2024 | 55 | +| Net Profit | Quartile 3 | 101 | 62,556 | 59,820 | -108,150 | 200,453 | Calendar Year 2024 | 56 | +| Net Profit | Quartile 4 | 102 | -19,413 | -15,383 | -154,839 | 75,866 | Calendar Year 2024 | 56 | +| Weekly Patient Visits (Total) | Quartile 1 | 196 | 489 | 467 | 380 | 845 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (Total) | Quartile 2 | 196 | 324 | 320 | 280 | 380 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (Total) | Quartile 3 | 196 | 241 | 243 | 203 | 279 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (Total) | Quartile 4 | 197 | 162 | 167 | 64 | 202 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (Total) | All 785 Clinics | 785 | 304 | 279 | 64 | 845 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (New Patients) | Quartile 1 | 196 | 31 | 28 | 23 | 78 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (New Patients) | Quartile 2 | 196 | 20 | 20 | 18 | 23 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (New Patients) | Quartile 3 | 196 | 16 | 15 | 13 | 18 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (New Patients) | Quartile 4 | 197 | 11 | 11 | 4 | 13 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (New Patients) | All 785 Clinics | 785 | 19 | 18 | 4 | 78 | Calendar Year 2024 | 57 | +| Active Members (Monthly) | Quartile 1 | 196 | 980 | 901 | 743 | 2,864 | Calendar Year 2024 | 57 | +| Active Members (Monthly) | Quartile 2 | 196 | 642 | 638 | 545 | 742 | Calendar Year 2024 | 57 | +| Active Members (Monthly) | Quartile 3 | 196 | 463 | 465 | 381 | 545 | Calendar Year 2024 | 57 | +| Active Members (Monthly) | Quartile 4 | 197 | 295 | 312 | 146 | 381 | Calendar Year 2024 | 57 | +| Active Members (Monthly) | All 785 Clinics | 785 | 595 | 545 | 146 | 2,864 | Calendar Year 2024 | 57 | +| Gross Sales Ramp Up | Month 1 (57 new clinics 2024) | 57 | 8,217 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 2 (55 clinics) | 55 | 16,240 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 3 (51 clinics) | 51 | 20,995 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 4 (46 clinics) | 46 | 23,313 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 5 (43 clinics) | 43 | 24,720 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 6 (40 clinics) | 40 | 25,982 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 7 (32 clinics) | 32 | 27,282 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 8 (28 clinics) | 28 | 27,339 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 9 (24 clinics) | 24 | 29,446 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 10 (23 clinics) | 23 | 30,379 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 11 (15 clinics) | 15 | 29,939 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 12 (8 clinics) | 8 | 32,029 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2022 | 610 | 123 | 0 | 0 | 16 | 5 | 46 | 712 | +| 2023 | 712 | 104 | 0 | 1 | 3 | 12 | 24 | 800 | +| 2024 | 800 | 60 | 0 | 0 | 0 | 15 | 41 | 845 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 1 +- renewal_term_years: 10 +- renewal_fee: You must: not be in default; give us timely notice; sign then-current form of franchise agreement and related documents; sign general release (subject to state law); pay renewal fee; pay clinic design fee and remodel Clinic in accordance with new Clinic Design; upgrade furniture, fixtures and equipment to current standards; and extend lease for duration of renewal term. +- transfer_fee: You must: be in compliance with Franchise Agreement; assign lease (if applicable); pay transfer fee; subordinate transferee's ongoing payments owed to you (if any) to transferee's financial obligations owed to us; and sign general release (subject to state law). +- cure_period_days: 30 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 10 +- dispute_resolution: mediation +- governing_law_state: AZ +- fdd_page: 46 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 527,787 +- investment_midpoint_usd: 394,125 +- revenue_to_investment: 1.34 +- royalty_pct: 7 +- revenue_per_royalty_point_usd: 75,398 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 245,250 | 6 | 8 | 159,300 | lowest first | Chiropractic | +| fee_low | 39,900 | 4 | 8 | 39,950 | lowest first | Chiropractic | +| royalty | 7 | 31 | 72 | 7 | lowest first | Health & Medical | +| allin | 9 | 39 | 72 | 8 | lowest first | Health & Medical | +| outlets | 970 | 1 | 8 | 71 | highest first | Chiropractic | +| growth | 15.8 | 16 | 35 | 11.4 | highest first | Health & Medical | +| closure | 1.6 | 7 | 33 | 5.6 | lowest first | Health & Medical | + +## Similar alternatives (closest first) +1. Maxliving (same sub-category; investment from $167,600) +2. Pure Health Chiropractic (same sub-category; investment from $151,000) +3. 100% Chiropractic (same sub-category; investment from $339,742) +4. ChiroWay (same sub-category; investment from $113,350) +5. Federal Injury Centers (same sub-category; investment from $94,300) +6. The Wellness Way (same sub-category; investment from $75,400) +7. HealthSource Chiropractic (same sub-category; investment from $435,932) +8. Hydrate IV Bar (same industry; investment from $242,050) +9. Positive Reset (same industry; investment from $240,550) +10. QC Kinetix® (same industry; investment from $250,100) + + +--- + +# Tuffy + +- Brand slug: tuffy +- Legal name: Gimex Properties Corp., Inc +- Industry: Automotive Services +- FDD year: 2025 (WI) +- Source: https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=639366&hash=271312205&search=external&type=GENERAL +- FranchiseDepth page: https://franchisedepth.com/franchise/tuffy/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 30,000 +- initial_fee_high_usd: 30,000 +- royalty_pct: 5 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 5 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 222,000 +- total_investment_high_usd: 723,500 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +$30,000 standard fee; reduced fees for additional units ($25k/2nd, $20k/3rd, $15k/4th, $10k/5th+); area developers pay $5,000 per franchise opened; initial advertising fee $3,000-$15,000 additional + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 129 +- franchised_outlets: 101 +- company_outlets: 28 +- states_count: 14 +- closure_rate_pct: 2 +- closures: 7 +- closures_not_itemized: 0 +- reacquired: 53 +- franchised_outlet_years: 348 +- closure_year_from: 2022 +- closure_year_to: 2024 +- closure_ranking_eligible: yes +- growth_pct: -20.9 +- growth_outlets_from: 163 +- growth_outlets_to: 129 +- growth_year_from: 2022 +- growth_year_to: 2024 +- growth_ranking_eligible: yes +- all_in_fee_pct: 10 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 1,343,137 +- basis: median, 59 franchised Tuffy Auto Service Centers in operation at least two full calendar years (as of December 31, 2024) with at least four bays (59 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Sales-2024 | 59 franchised Tuffy Auto Service Centers in operation at least two full calendar years (as of December 31, 2024) with at least four bays | 59 | 1,416,325 | 1,343,137 | 468,196 | 4,916,047 | Calendar Year 2024 | 45 | +| Annual Car Count-2024 | 59 franchised Tuffy Auto Service Centers in operation at least two full calendar years (as of December 31, 2024) with at least four bays | 59 | 3,283 | 2,979 | 789 | 13,719 | Calendar Year 2024 | 45 | +| Average Repair Ticket Amount-2024 | 59 franchised Tuffy Auto Service Centers in operation at least two full calendar years (as of December 31, 2024) with at least four bays | 59 | 466 | 432 | 235 | 1,284 | Calendar Year 2024 | 45 | +| Cost of Goods Sold as a Percentage of Sales-2023 | 59 franchised Tuffy centers that reported cost of goods sold | 59 | 35.34 | 30 | 21.02 | 75.06 | 2023 per table row labels (Item 19 narrative says calendar year 2024) | 45 | +| Labor as a Percentage of Sales-2023 | 57 franchised Tuffy centers that reported labor cost | 57 | 24.06 | 25.1 | 0 | 70.24 | 2023 per table row labels (Item 19 narrative says calendar year 2024) | 45 | +| Rent as a Percentage of Sales-2023 | 51 franchised Tuffy centers that reported rent | 51 | 7.25 | 6.39 | 0 | 19.81 | 2023 per table row labels (Item 19 narrative says calendar year 2024) | 45 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2022 | 145 | 4 | 4 | 1 | 41 | 0 | not disclosed | 103 | +| 2023 | 103 | 9 | 1 | 0 | 11 | 0 | not disclosed | 100 | +| 2024 | 100 | 3 | 1 | 0 | 1 | 0 | not disclosed | 101 | + +## Agreement terms (Item 17) +- term_years: 15 +- renewal_count: 3 +- renewal_term_years: 5 +- renewal_fee: The Franchise Agreement automatically renews unless you elect not to renew or we do not consent to renewal. As conditions to renewal, we may require that you release us from claims, execute our standard form of License Agreement in use at the time of renewal and renovate your franchise location… +- transfer_fee: Transfer fee paid (amount not specified in Item 17 table) +- cure_period_days: 10 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 5 +- dispute_resolution: mediation +- governing_law_state: OH +- fdd_page: 38 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 1,343,137 +- investment_midpoint_usd: 472,750 +- revenue_to_investment: 2.84 +- royalty_pct: 5 +- revenue_per_royalty_point_usd: 268,627 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 222,000 | 13 | 22 | 203,500 | lowest first | Repair & Maintenance | +| fee_low | 30,000 | 10 | 23 | 30,000 | lowest first | Repair & Maintenance | +| royalty | 5 | 1 | 16 | 6.45 | lowest first | Repair & Maintenance | +| allin | 10 | 11 | 16 | 8 | lowest first | Repair & Maintenance | +| outlets | 129 | 9 | 23 | 62 | highest first | Repair & Maintenance | +| growth | -20.9 | 14 | 14 | -2.25 | highest first | Repair & Maintenance | +| closure | 2 | 5 | 14 | 3.4000000000000004 | lowest first | Repair & Maintenance | + +## Similar alternatives (closest first) +1. Meineke (same sub-category; investment from $224,898) +2. Car Doctor Plus (same sub-category; investment from $218,000) +3. AAMCO (same sub-category; investment from $236,800) +4. Michelin Commercial Service Network (same sub-category; investment from $189,000) +5. Honest1 (same sub-category; investment from $255,750) +6. Precision Tune Auto Care (same sub-category; investment from $181,601) +7. Merlin (same sub-category; investment from $264,745) +8. Mr. Transmission / Milex Complete Auto Care (same sub-category; investment from $267,500) +9. Summit Auto Calibration (same sub-category; investment from $160,550) +10. Bosch Auto Service (same sub-category; investment from $146,600) + + +--- + +# uBreakiFix by Asurion + +- Brand slug: ubreakifix-by-asurion +- Legal name: UBIF Franchising Co +- Industry: Tech Services +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/ubreakifix-by-asurion/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 25,000 +- initial_fee_high_usd: 40,000 +- royalty_pct: 7 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 0 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 171,350 +- total_investment_high_usd: 468,150 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +First Franchise Agreement requires a $40,000 Initial Franchise Fee plus a $12,500 Initial Training Fee (both non-refundable). Second or subsequent Franchise Agreements carry a reduced Initial Franchise Fee of $25,000, with the Initial Training Fee potentially waived. The Initial Franchise Fee and/or Initial Training Fee may be waived for affiliate-executed agreements, conversions from independent repair stores, or purchases of existing affiliate-owned stores. Under an Area Development Agreement, the first store's Initial Franchise Fee is $40,000 and subsequent stores are $25,000 (with a $12,500-per-store Development Fee credited against subsequent fees). Low set to $25,000 (subsequent/reduced fee) and high set to $40,000 (first store standard fee), excluding the Initial Training Fee of $12,500 which is a separate required fee. Continuing Royalty is 7% of Non-Recommerce Revenue and 4% of Recommerce Revenue (Gross Sales from pre-owned mobile and other electronic devices), paid monthly. Technology and Customer Support Fee is 1% of Gross Sales, paid monthly with the royalty. Advertising Fee is up to 2% of Gross Sales once an Advertising Fund is established; as of December 31, 2025, franchisees were not required to contribute. A National Account Administrative Fee of up to 5% of Gross Sales from National Account services may be charged in addition to the royalty. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 677 +- franchised_outlets: 549 +- company_outlets: 128 +- states_count: 44 +- closure_rate_pct: 4.3 +- closures: 66 +- closures_not_itemized: 0 +- reacquired: 1 +- franchised_outlet_years: 1551 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -6.1 +- growth_outlets_from: 721 +- growth_outlets_to: 677 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 7 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 593,881.02 +- basis: median, Stores that were Open 3+ years (as of 12/31/2025) (425 Stores) (425 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| 2025 Total Revenue | Stores that were Open 3+ years (as of 12/31/2025) (425 Stores) | 425 | 612,328.07 | 593,881.02 | 214,930.7 | 1,625,206.22 | 2025 calendar year | 56 | +| Cost of Goods Sold (COGS) | Stores that were Open 3+ years (as of 12/31/2025) (425 Stores) | 425 | 233,021.67 | 226,545.51 | 91,510.28 | 612,146.54 | 2025 calendar year | 56 | +| Gross Profit | Stores that were Open 3+ years (as of 12/31/2025) (425 Stores) | 425 | 379,306.4 | 365,561.6 | 123,420.42 | 1,013,059.68 | 2025 calendar year | 56 | +| 2025 Total Revenue | Stores that were Open 1-3 years (as of 12/31/2025) (95 Stores) | 95 | 545,898.37 | 511,161.69 | 221,754.7 | 1,061,801.97 | 2025 calendar year | 56 | +| Cost of Goods Sold (COGS) | Stores that were Open 1-3 years (as of 12/31/2025) (95 Stores) | 95 | 219,971.92 | 197,057.96 | 82,451.89 | 423,088.34 | 2025 calendar year | 56 | +| Gross Profit | Stores that were Open 1-3 years (as of 12/31/2025) (95 Stores) | 95 | 325,926.45 | 308,976.22 | 139,302.82 | 638,713.63 | 2025 calendar year | 56 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 443 | 136 | 18 | 0 | 1 | 3 | not disclosed | 557 | +| 2024 | 557 | 15 | 2 | 1 | 0 | 18 | not disclosed | 551 | +| 2025 | 551 | 22 | 13 | 0 | 0 | 11 | not disclosed | 549 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 2 +- renewal_term_years: 10 +- renewal_fee: pay a renewal fee of $10,000 +- transfer_fee: pay all sums owed, including a transfer fee; sign releases and disclose all material information we request. The transferee must qualify; assume the Franchise Agreement or sign a new Franchise Agreement; complete training and pay our training fee; repair and refurbish the Store and each Mobile Unit assignee. +- cure_period_days: 10 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 20 +- dispute_resolution: arbitration +- governing_law_state: FL +- fdd_page: 49 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 593,881 +- investment_midpoint_usd: 319,750 +- revenue_to_investment: 1.86 +- royalty_pct: 7 +- revenue_per_royalty_point_usd: 84,840 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 171,350 | 8 | 8 | 91,000 | lowest first | Device Repair | +| fee_low | 25,000 | 3 | 8 | 25,000 | lowest first | Device Repair | +| royalty | 7 | 13 | 29 | 7 | lowest first | Tech Services | +| allin | 7 | 5 | 29 | 9 | lowest first | Tech Services | +| outlets | 677 | 1 | 8 | 52 | highest first | Device Repair | +| growth | -6.1 | 15 | 20 | 7.7 | highest first | Tech Services | +| closure | 4.3 | 9 | 19 | 6.3 | lowest first | Tech Services | + +## Similar alternatives (closest first) +1. Techy (same sub-category; investment from $118,600) +2. NerdsToGo (same sub-category; investment from $115,119) +3. SD Tech (same sub-category; investment from $91,650) +4. CPR (same sub-category; investment from $90,350) +5. Mr Fix (same sub-category; investment from $79,742) +6. iFixandRepair (same sub-category; investment from $78,200) +7. UltraFix (same sub-category; investment from $70,000) +8. Intelligent Assistant (same industry; investment from $168,000) +9. Shrunk 3D (same industry; investment from $187,485) +10. Holt Computer Training (same industry; investment from $151,800) + + +--- + +# VIO Med Spa + +- Brand slug: vio-med-spa +- Legal name: VIO Franchise Group, LLC +- Industry: Health & Medical +- FDD year: 2026 (NASAA EFD) +- Source: https://www.nasaaefd.org/Franchise/Search +- FranchiseDepth page: https://franchisedepth.com/franchise/vio-med-spa/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 50,000 +- initial_fee_high_usd: 50,000 +- royalty_pct: 6 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 1.5 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 200 +- total_investment_low_usd: 642,722 +- total_investment_high_usd: 1,109,954 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Single-unit Franchise Agreement: $50,000 non-refundable. Multi-Unit Development Agreement adds $40,000 for second location, $33,000 for each additional (3-10 total). Local marketing spend must be at least 6% of monthly Gross Sales in months 1 through 24. After month 24 the minimum is 4% of Gross Sales in a calendar year that follows a year in which the Minimum Gross Sales Requirements were met ($750,000 in year 1, $1,000,000 in year 2, $1,250,000 in year 3 and each later year). The minimum is 2.5% of Gross Sales after a year with $3,000,000 in Gross Sales, and 1.5% after a year with $4,000,000. The minimum stays at 6% of Gross Sales in a year that follows a missed Minimum Gross Sales Requirement. A local marketing shortfall may have to be contributed to the Brand Development Fund. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 64 +- franchised_outlets: 62 +- company_outlets: 2 +- states_count: 20 +- closure_rate_pct: 3.1 +- closures: 3 +- closures_not_itemized: 0 +- reacquired: 1 +- franchised_outlet_years: 97 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 88.2 +- growth_outlets_from: 34 +- growth_outlets_to: 64 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 7.5 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 1,125,341 +- basis: median, All Operational Franchise Outlets (51 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Total Spa Gross Sales | Company Owned Outlet 1 | 1 | 4,281,567 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| Gross Profit | Company Owned Outlet 1 | 1 | 2,496,275 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| EBITDA | Company Owned Outlet 1 | 1 | 1,092,144 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| Adjusted EBITDA | Company Owned Outlet 1 | 1 | 771,026 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| Total Spa Gross Sales | Company Owned Outlet 2 | 1 | 2,808,847 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| Gross Profit | Company Owned Outlet 2 | 1 | 1,677,051 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| EBITDA | Company Owned Outlet 2 | 1 | 625,734 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| Adjusted EBITDA | Company Owned Outlet 2 | 1 | 415,070 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| Gross Sales | All Operational Franchise Outlets | 51 | 1,254,631 | 1,125,341 | 236,722 | 5,931,838 | 2025 calendar year | not disclosed | +| Gross Sales | Operational Franchise Outlets Operating for Two or More Calendar Years | 31 | 1,378,225 | 1,192,826 | 237,579 | 5,931,838 | 2025 calendar year | not disclosed | +| Gross Sales | Operational Franchise Outlets Operating for Three or More Calendar Years | 13 | 1,678,301 | 1,236,572 | 245,100 | 5,931,838 | 2025 calendar year | not disclosed | +| Gross Sales | Operational Franchise Outlets Operating for Four or More Calendar Years | 7 | 2,318,926 | 1,473,799 | 1,192,826 | 5,931,838 | 2025 calendar year | not disclosed | +| Gross Sales | All Operational Franchise Outlets: 1st Quartile (13 of 51 outlets) | 13 | 2,320,621 | 2,063,997 | 1,473,799 | 5,931,838 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets: 2nd Quartile (13 of 51 outlets) | 13 | 1,250,076 | 1,236,572 | 1,125,341 | 1,395,321 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets: 3rd Quartile (13 of 51 outlets) | 13 | 914,836 | 899,446 | 754,211 | 1,067,852 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets: 4th Quartile (12 of 51 outlets) | 12 | 472,854 | 466,525 | 236,722 | 699,636 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets Operating for Two or More Calendar Years: 1st Quartile (8 of 31 outlets) | 8 | 2,661,146 | 2,273,582 | 1,525,964 | 5,931,838 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets Operating for Two or More Calendar Years: 2nd Quartile (8 of 31 outlets) | 8 | 1,316,262 | 1,274,507 | 1,192,826 | 1,480,497 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets Operating for Two or More Calendar Years: 3rd Quartile (8 of 31 outlets) | 8 | 937,048 | 967,000 | 699,636 | 1,125,341 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets Operating for Two or More Calendar Years: 4th Quartile (7 of 31 outlets) | 7 | 487,045 | 519,442 | 237,579 | 673,939 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets Operating for Three or More Calendar Years: 1st Quartile (3 of 13 outlets) | 3 | 4,002,970 | 3,583,914 | 2,493,158 | 5,931,838 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Three or More Calendar Years: 2nd Quartile (3 of 13 outlets) | 3 | 1,429,111 | 1,473,799 | 1,280,449 | 1,533,086 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Three or More Calendar Years: 3rd Quartile (3 of 13 outlets) | 3 | 1,127,851 | 1,192,826 | 954,154 | 1,236,572 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Three or More Calendar Years: 4th Quartile (4 of 13 outlets) | 4 | 534,529 | 596,690 | 245,100 | 699,636 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Four or More Calendar Years: 1st Quartile (2 of 7 outlets) | 2 | 4,757,876 | 4,757,876 | 3,583,914 | 5,931,838 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Four or More Calendar Years: 2nd Quartile (2 of 7 outlets) | 2 | 1,503,443 | 1,503,443 | 1,473,799 | 1,533,086 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Four or More Calendar Years: 3rd Quartile (2 of 7 outlets) | 2 | 1,258,510 | 1,258,510 | 1,236,572 | 1,280,449 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Four or More Calendar Years: 4th Quartile (1 of 7 outlets) | 1 | 1,192,826 | 1,192,826 | 1,192,826 | 1,192,826 | 2025 calendar year | 70 | +| Payroll and Labor | Company Owned Outlet 1 | 1 | 22 | not disclosed | not disclosed | not disclosed | 2025 calendar year | 66 | +| Rent | Company Owned Outlet 1 | 1 | 1.8 | not disclosed | not disclosed | not disclosed | 2025 calendar year | 66 | +| Payroll and Labor | Company Owned Outlet 2 | 1 | 22.7 | not disclosed | not disclosed | not disclosed | 2025 calendar year | 67 | +| Rent | Company Owned Outlet 2 | 1 | 2 | not disclosed | not disclosed | not disclosed | 2025 calendar year | 67 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 15 | 14 | 0 | 0 | 0 | 0 | not disclosed | 29 | +| 2024 | 29 | 25 | 0 | 0 | 1 | 0 | not disclosed | 53 | +| 2025 | 53 | 12 | 1 | 0 | 0 | 2 | not disclosed | 62 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 1 +- renewal_term_years: 10 +- renewal_fee: pay a renewal fee, remodel and upgrade you're the facility of your Spa Location Franchise to meet our standards and specifications, secure and possess the legal right to continue to occupy the premises of your Spa Location, and meet all other renewal requirements contained in the Franchise Agreement. +- transfer_fee: you pay the transfer fee +- cure_period_days: 30 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 25 +- dispute_resolution: arbitration +- governing_law_state: OH +- fdd_page: 53 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 1,125,341 +- investment_midpoint_usd: 876,338 +- revenue_to_investment: 1.28 +- royalty_pct: 6 +- revenue_per_royalty_point_usd: 187,557 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 642,722 | 71 | 80 | 192,237.5 | lowest first | Health & Medical | +| fee_low | 50,000 | 48 | 73 | 40,000 | lowest first | Health & Medical | +| royalty | 6 | 15 | 72 | 7 | lowest first | Health & Medical | +| allin | 7.5 | 22 | 72 | 8 | lowest first | Health & Medical | +| outlets | 64 | 30 | 76 | 30 | highest first | Health & Medical | +| growth | 88.2 | 3 | 35 | 11.4 | highest first | Health & Medical | +| closure | 3.1 | 11 | 33 | 5.6 | lowest first | Health & Medical | + +## Similar alternatives (closest first) +1. PÜR Life® Medical (same sub-category; investment from $649,949) +2. Serotonin (same sub-category; investment from $665,634) +3. Restore Hyper Wellness (same sub-category; investment from $762,448) +4. The Tox (same sub-category; investment from $331,500) +5. Gameday Men's Health (same sub-category; investment from $224,575) +6. Capital Laser (same sub-category; investment from $113,750) +7. Zeiss Vision Center (same industry; investment from $605,000) +8. Vital Care (same industry; investment from $555,750) +9. Clear Lakes Dental (same industry; investment from $554,300) +10. 4ever Young (same industry; investment from $522,650) diff --git a/brand_summary.csv b/brand_summary.csv new file mode 100644 index 0000000000000000000000000000000000000000..49765f9aea0ca9d17ca9f8d9f572c0a72755f095 --- /dev/null +++ b/brand_summary.csv @@ -0,0 +1,26 @@ +brand_name,brand_slug,industry_label,sub_category,fdd_year,older_fdd,edition_note,initial_fee_low_usd,initial_fee_high_usd,total_investment_low_usd,total_investment_high_usd,royalty_pct,marketing_fee_pct,all_in_fee_pct,liquid_capital_usd,total_outlets,franchised_outlets,states_count,closure_rate_pct,closure_ranking_eligible,growth_pct,growth_ranking_eligible,comparable_annual_revenue_usd,revenue_to_investment,franchisedepth_url +A Better Solution In Home Care,a-better-solution-in-home-care,Senior Care,,2026,0,,55000,55000,126890,235350,5,1,6,,30,28,14,8.9,1,11.1,1,595052.0,3.29,https://franchisedepth.com/franchise/a-better-solution-in-home-care/ +Applebee's Neighborhood Grill & Bar,applebee-s-neighborhood-grill-bar,Food Quick Service,Casual Dining,2026,0,,35000,50000,3192516,5076178,4,4.25,8.25,,1475,1416,49,2.5,1,-4.3,1,2822904.0,0.68,https://franchisedepth.com/franchise/applebee-s-neighborhood-grill-bar/ +AR Homes,ar-homes,Real Estate,Luxury Residential,2024,0,,65000,65000,535000,2190000,3.5,0.25,3.75,,42,42,10,8.2,1,0.0,1,18125591.0,13.3,https://franchisedepth.com/franchise/ar-homes/ +ATC Healthcare Services,atc-healthcare-services,Staffing & Employment,,2026,0,,30000,50000,158500,302500,,0,,,34,34,17,22.6,1,-47.7,1,1518641.0,6.59,https://franchisedepth.com/franchise/atc-healthcare-services/ +Baja Fresh,baja-fresh,Food Quick Service,Mexican,2026,0,,10000,30000,428560,1034290,5,3,8,,68,67,11,7.6,1,-12.8,1,813419.0,1.11,https://franchisedepth.com/franchise/baja-fresh/ +Batteries Plus,batteries-plus,Retail Services,Specialty Retail,2026,0,,15000,49500,284786,536636,5,1,6,100000,734,601,50,4.2,1,1.7,1,833660.0,2.03,https://franchisedepth.com/franchise/batteries-plus/ +Bella Bridesmaids,bella-bridesmaids,Retail Services,Specialty Retail,2024,0,,50000,50000,102900,262000,4,,4,,45,41,27,7.7,1,-22.4,1,290315.0,1.59,https://franchisedepth.com/franchise/bella-bridesmaids/ +CD ONE Price Cleaners,cd-one-price-cleaners,Dry Cleaning,,2024,0,,6000,30000,903225,1351850,6.5,3,9.5,,40,40,4,0.0,1,8.1,1,1075802.0,0.95,https://franchisedepth.com/franchise/cd-one-price-cleaners/ +Complete Weddings + Events,complete-weddings-events,Entertainment & Recreation,,2026,0,,15000,50000,68800,80750,8,2,10,,82,81,33,3.8,1,18.8,1,208376.66,2.79,https://franchisedepth.com/franchise/complete-weddings-events/ +Decorate With Lights,decorate-with-lights,Outdoor,,2026,0,,10000,10000,36200,70450,8,2,10,,128,105,12,6.9,1,8.5,1,30108.0,,https://franchisedepth.com/franchise/decorate-with-lights/ +Discovery Map,discovery-map,B2B Supplies,,2025,0,,25000,25000,29250,36300,10,1,11,,116,116,28,4.1,1,-1.7,1,53210.0,,https://franchisedepth.com/franchise/discovery-map/ +Dogtopia,dogtopia,Pet Services,Daycare & Boarding,2026,0,,40095,49500,664355,1478820,7,2,9,,266,225,37,0.7,1,9.0,1,915213.0,0.85,https://franchisedepth.com/franchise/dogtopia/ +ERA Group,era-group,B2B Supplies,,2026,0,,64900,69900,76000,105900,15,3,18,,196,196,25,7.7,1,34.2,1,268982.0,2.96,https://franchisedepth.com/franchise/era-group/ +Gymguyz,gymguyz,Fitness & Wellness,Boutique Group Fitness,2025,0,,49500,49500,92100,174000,7,2,9,,130,116,21,11.6,1,33.3,1,130644.0,0.98,https://franchisedepth.com/franchise/gymguyz/ +Hand and Stone Massage and Facial Spa,hand-and-stone-massage-and-facial-spa,Fitness & Wellness,Massage & Facial Spa,2026,0,,49500,49500,320891,864729,6,1,7,,615,600,38,0.6,1,13.5,1,1236266.0,2.09,https://franchisedepth.com/franchise/hand-and-stone-massage-and-facial-spa/ +Huntington Learning Centers,huntington-learning-centers,Education,Academic Tutoring,2026,0,,42000,42000,191992,340632,9.5,2,11.5,,245,243,38,5.8,1,-12.2,1,533106.0,2.0,https://franchisedepth.com/franchise/huntington-learning-centers/ +Liberty Tax Service,liberty-tax-service,Tax & Financial,Tax Prep,2026,0,,25000,25000,49700,71400,14,5,19,,1663,1537,51,8.7,1,-11.8,1,139486.0,,https://franchisedepth.com/franchise/liberty-tax-service/ +Mathnasium,mathnasium,Education,Academic Tutoring,2026,0,,49000,49000,127316,165846,10,2,12,,1047,1043,45,2.1,1,7.7,1,326428.0,2.23,https://franchisedepth.com/franchise/mathnasium/ +Pet Supplies Plus,pet-supplies-plus,Pet Services,Pet Retail,2025,0,,49900,49900,540520,1975005,3,3.5,6.5,,735,502,40,1.2,1,11.4,1,2496071.0,1.98,https://franchisedepth.com/franchise/pet-supplies-plus/ +Supercuts,supercuts,Salon & Beauty,Hair Salon,2025,0,,39500,39500,185930,323460,6,5,11,,1801,1701,47,7.6,1,-13.3,1,297216.0,1.17,https://franchisedepth.com/franchise/supercuts/ +Take 5 Oil Change,take-5-oil-change,Automotive Services,Oil Change & Quick Lube,2025,0,,45000,45000,912248,2053642,7,5,12,,1142,432,36,0.3,1,41.5,1,1271529.0,0.86,https://franchisedepth.com/franchise/take-5-oil-change/ +The Joint,the-joint,Health & Medical,Chiropractic,2025,0,,39900,39900,245250,543000,7,2,9,,970,845,41,1.6,1,15.8,1,527787.0,1.34,https://franchisedepth.com/franchise/the-joint/ +Tuffy,tuffy,Automotive Services,Repair & Maintenance,2025,0,,30000,30000,222000,723500,5,5,10,,129,101,14,2.0,1,-20.9,1,1343137.0,2.84,https://franchisedepth.com/franchise/tuffy/ +uBreakiFix by Asurion,ubreakifix-by-asurion,Tech Services,Device Repair,2026,0,,25000,40000,171350,468150,7,0,7,,677,549,44,4.3,1,-6.1,1,593881.02,1.86,https://franchisedepth.com/franchise/ubreakifix-by-asurion/ +VIO Med Spa,vio-med-spa,Health & Medical,Med-Spa & Aesthetics,2026,0,,50000,50000,642722,1109954,6,1.5,7.5,,64,62,20,3.1,1,88.2,1,1125341.0,1.28,https://franchisedepth.com/franchise/vio-med-spa/ diff --git a/brands.jsonl b/brands.jsonl new file mode 100644 index 0000000000000000000000000000000000000000..f49f206661dc69ff923fe35f0b138b279ba571d4 --- /dev/null +++ b/brands.jsonl @@ -0,0 +1,25 @@ +{"brand_slug": "a-better-solution-in-home-care", "brand_name": "A Better Solution In Home Care", "legal_name": "ABS Franchise Services, Inc.", "industry": "home-services-senior-care", "industry_label": "Senior Care", "sub_category": null, "fdd_year": 2026, "fdd_filing_state": "MN", "fdd_effective_date": "2026-03-24", "fdd_source_url": "https://www.cards.commerce.state.mn.us/CARDS/", "franchisedepth_url": "https://franchisedepth.com/franchise/a-better-solution-in-home-care/", "hand_checked": 1, "corrections_logged": 6, "older_fdd": 0, "edition_note": null, "fees": {"initial_fee_low_usd": 55000, "initial_fee_high_usd": 55000, "royalty_pct": 5, "royalty_min_monthly_usd": 1000, "marketing_fee_pct": 1, "marketing_min_monthly_usd": 250, "tech_fee_monthly_usd": 399, "total_investment_low_usd": 126890, "total_investment_high_usd": 235350, "liquid_capital_usd": null, "net_worth_usd": null}, "fee_notes": {"fee_notes": "Base $55k uniformly imposed. Discounts available: $2,500 Franchise Expo, $10,000 senior-level employee, $5,000 qualified veteran; territorial: $30,000 for second territory, $20,000 for third and subsequent. Optional Licensing Assistance Fee $3,500; Optional Enhanced Support Services Fee $4,500. System Technology Fee $299 per month. SwyftOps software is required; its monthly fee, paid directly to SwyftOps and based on scheduled hours or active clients, currently averages about $100 to $700+ per month. Local advertising: you must spend the greater of 2% of Gross Revenues or $1,000 per month, in addition to the National Marketing Fee. The franchisor may direct up to 4% of Gross Revenues to a Local Marketing Cooperative."}, "item19_figures": [{"metric": "gross_sales", "metric_label": "2025 Gross Revenue", "cohort": "all_franchised", "cohort_label": "23 (out of 28) franchisee-owned Agencies open 12 full calendar months as of December 31, 2025", "outlet_count": 23, "period": "Fiscal Year 2025", "year": 2025, "unit_period": "annual", "scope": "franchisee", "avg_value": 810813.82, "median_value": 595052, "min_value": 186936.84, "max_value": 2260332.03, "fdd_page": 41}, {"metric": "gross_sales", "metric_label": "Combined Gross Sales (Affiliate Agency Financial Results-2025)", "cohort": "all_company_owned", "cohort_label": "2 affiliate-owned Agencies (San Diego, CA and Phoenix, AZ), combined", "outlet_count": 2, "period": "Fiscal Year 2025", "year": 2025, "unit_period": "annual", "scope": "company-owned", "avg_value": 6505832, "median_value": null, "min_value": null, "max_value": null, "fdd_page": 41}], "comparable_revenue": {"annual_revenue_usd": 595052.0, "basis": "median, 23 (out of 28) franchisee-owned Agencies open 12 full calendar months as of December 31, 2025 (23 outlets)", "rule": "Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded."}, "outlets_by_year": [{"year": 2023, "outlet_type": "company-owned", "outlets_start": 1, "outlets_end": 2}, {"year": 2023, "outlet_type": "franchised", "outlets_start": 27, "outlets_end": 25}, {"year": 2023, "outlet_type": "total", "outlets_start": 28, "outlets_end": 27}, {"year": 2024, "outlet_type": "company-owned", "outlets_start": 2, "outlets_end": 2}, {"year": 2024, "outlet_type": "franchised", "outlets_start": 25, "outlets_end": 27}, {"year": 2024, "outlet_type": "total", "outlets_start": 27, "outlets_end": 29}, {"year": 2025, "outlet_type": "company-owned", "outlets_start": 2, "outlets_end": 2}, {"year": 2025, "outlet_type": "franchised", "outlets_start": 27, "outlets_end": 28}, {"year": 2025, "outlet_type": "total", "outlets_start": 29, "outlets_end": 30}], "turnover_by_year": [{"year": 2023, "outlets_start": 27, "opened": 2, "terminated": 4, "non_renewed": 0, "reacquired": 1, "ceased_other": 0, "transferred": 1, "outlets_end": 25}, {"year": 2024, "outlets_start": 25, "opened": 3, "terminated": 1, "non_renewed": 0, "reacquired": 0, "ceased_other": 0, "transferred": 1, "outlets_end": 27}, {"year": 2025, "outlets_start": 27, "opened": 3, "terminated": 1, "non_renewed": 0, "reacquired": 0, "ceased_other": 1, "transferred": 0, "outlets_end": 28}], "outlets_by_state": [{"year": 2023, "state": "AZ", "outlets_end": 0}, {"year": 2023, "state": "CA", "outlets_end": 9}, {"year": 2023, "state": "CO", "outlets_end": 1}, {"year": 2023, "state": "FL", "outlets_end": 1}, {"year": 2023, "state": "ID", "outlets_end": 1}, {"year": 2023, "state": "KS", "outlets_end": 1}, {"year": 2023, "state": "MI", "outlets_end": 0}, {"year": 2023, "state": "NC", "outlets_end": 1}, {"year": 2023, "state": "NV", "outlets_end": 1}, {"year": 2023, "state": "OH", "outlets_end": 1}, {"year": 2023, "state": "OK", "outlets_end": 0}, {"year": 2023, "state": "SC", "outlets_end": 1}, {"year": 2023, "state": "TN", "outlets_end": 2}, {"year": 2023, "state": "TX", "outlets_end": 5}, {"year": 2023, "state": "WI", "outlets_end": 1}, {"year": 2024, "state": "AZ", "outlets_end": 0}, {"year": 2024, "state": "CA", "outlets_end": 9}, {"year": 2024, "state": "CO", "outlets_end": 1}, {"year": 2024, "state": "FL", "outlets_end": 2}, {"year": 2024, "state": "ID", "outlets_end": 1}, {"year": 2024, "state": "KS", "outlets_end": 1}, {"year": 2024, "state": "MI", "outlets_end": 1}, {"year": 2024, "state": "NC", "outlets_end": 1}, {"year": 2024, "state": "NV", "outlets_end": 1}, {"year": 2024, "state": "OH", "outlets_end": 1}, {"year": 2024, "state": "OK", "outlets_end": 0}, {"year": 2024, "state": "SC", "outlets_end": 1}, {"year": 2024, "state": "TN", "outlets_end": 2}, {"year": 2024, "state": "TX", "outlets_end": 5}, {"year": 2024, "state": "WI", "outlets_end": 1}, {"year": 2025, "state": "AZ", "outlets_end": 0}, {"year": 2025, "state": "CA", "outlets_end": 9}, {"year": 2025, "state": "CO", "outlets_end": 1}, {"year": 2025, "state": "FL", "outlets_end": 2}, {"year": 2025, "state": "ID", "outlets_end": 1}, {"year": 2025, "state": "KS", "outlets_end": 1}, {"year": 2025, "state": "MI", "outlets_end": 1}, {"year": 2025, "state": "MN", "outlets_end": 1}, {"year": 2025, "state": "NC", "outlets_end": 1}, {"year": 2025, "state": "NV", "outlets_end": 2}, {"year": 2025, "state": "OH", "outlets_end": 0}, {"year": 2025, "state": "OK", "outlets_end": 1}, {"year": 2025, "state": "SC", "outlets_end": 1}, {"year": 2025, "state": "TN", "outlets_end": 2}, {"year": 2025, "state": "TX", "outlets_end": 4}, {"year": 2025, "state": "WI", "outlets_end": 1}], "agreement_terms": null, "brand_metrics": {"total_outlets": 30, "franchised_outlets": 28, "company_outlets": 2, "states_count": 14, "closure_rate_pct": 8.9, "closures": 7, "closures_not_itemized": 0, "reacquired": 1, "franchised_outlet_years": 79, "closure_year_from": 2023, "closure_year_to": 2025, "closure_ranking_eligible": 1, "closure_note": null, "growth_pct": 11.1, "growth_outlets_from": 27, "growth_outlets_to": 30, "growth_year_from": 2023, "growth_year_to": 2025, "growth_ranking_eligible": 1, "all_in_fee_pct": 6, "all_in_basis": "royalty + marketing fund"}, "alternatives": [{"rank": 1, "alternative_slug": "mastercare", "alternative_name": "Mastercare", "same_sub_category": 0, "alternative_investment_low_usd": 125800, "investment_gap_usd": 1090, "alternative_total_outlets": 5}, {"rank": 2, "alternative_slug": "1heart-caregiver-services", "alternative_name": "1Heart Caregiver Services", "same_sub_category": 0, "alternative_investment_low_usd": 125650, "investment_gap_usd": 1240, "alternative_total_outlets": 26}, {"rank": 3, "alternative_slug": "visiting-angels", "alternative_name": "Visiting Angels", "same_sub_category": 0, "alternative_investment_low_usd": 125460, "investment_gap_usd": 1430, "alternative_total_outlets": 541}, {"rank": 4, "alternative_slug": "elder-well", "alternative_name": "Elder-Well", "same_sub_category": 0, "alternative_investment_low_usd": 130900, "investment_gap_usd": 4010, "alternative_total_outlets": 3}, {"rank": 5, "alternative_slug": "amada-senior-care", "alternative_name": "Amada Senior Care", "same_sub_category": 0, "alternative_investment_low_usd": 121577, "investment_gap_usd": 5313, "alternative_total_outlets": null}, {"rank": 6, "alternative_slug": "avendelle-assisted-living", "alternative_name": "Avendelle Assisted Living", "same_sub_category": 0, "alternative_investment_low_usd": 121525, "investment_gap_usd": 5365, "alternative_total_outlets": 21}, {"rank": 7, "alternative_slug": "home-helpers-home-care", "alternative_name": "Home Helpers Home Care", "same_sub_category": 0, "alternative_investment_low_usd": 120750, "investment_gap_usd": 6140, "alternative_total_outlets": null}, {"rank": 8, "alternative_slug": "2nd-family", "alternative_name": "2nd Family", "same_sub_category": 0, "alternative_investment_low_usd": 119825, "investment_gap_usd": 7065, "alternative_total_outlets": 25}, {"rank": 9, "alternative_slug": "comfort-keepers", "alternative_name": "Comfort Keepers", "same_sub_category": 0, "alternative_investment_low_usd": 119560, "investment_gap_usd": 7330, "alternative_total_outlets": 635}, {"rank": 10, "alternative_slug": "nurse-next-door", "alternative_name": "Nurse Next Door", "same_sub_category": 0, "alternative_investment_low_usd": 119115, "investment_gap_usd": 7775, "alternative_total_outlets": 74}], "peer_ranks": [{"metric": "inv_low", "value": 126890, "rank": 52, "peers": 68, "peer_median": 102827.0, "rank_order": "lowest first", "peer_group": "Senior Care"}, {"metric": "fee_low", "value": 55000, "rank": 53, "peers": 68, "peer_median": 49500.0, "rank_order": "lowest first", "peer_group": "Senior Care"}, {"metric": "royalty", "value": 5, "rank": 4, "peers": 65, "peer_median": 5, "rank_order": "lowest first", "peer_group": "Senior Care"}, {"metric": "allin", "value": 6, "rank": 6, "peers": 65, "peer_median": 7, "rank_order": "lowest first", "peer_group": "Senior Care"}, {"metric": "outlets", "value": 30, "rank": 32, "peers": 68, "peer_median": 25.5, "rank_order": "highest first", "peer_group": "Senior Care"}, {"metric": "growth", "value": 11.1, "rank": 20, "peers": 32, "peer_median": 16.9, "rank_order": "highest first", "peer_group": "Senior Care"}, {"metric": "closure", "value": 8.9, "rank": 28, "peers": 32, "peer_median": 3.95, "rank_order": "lowest first", "peer_group": "Senior Care"}], "value_ratios": {"comparable_annual_revenue_usd": 595052, "investment_midpoint_usd": 181120, "revenue_to_investment": 3.29, "royalty_pct": 5, "revenue_per_royalty_point_usd": 119010}, "closure_by_year": [{"year": 2023, "franchised_outlets_start": 27, "closures": 4, "closures_not_itemized": 0, "closure_rate_pct": 14.8}, {"year": 2024, "franchised_outlets_start": 25, "closures": 1, "closures_not_itemized": 0, "closure_rate_pct": 4.0}, {"year": 2025, "franchised_outlets_start": 27, "closures": 2, "closures_not_itemized": 0, "closure_rate_pct": 7.4}]} +{"brand_slug": "applebee-s-neighborhood-grill-bar", "brand_name": "Applebee's Neighborhood Grill & Bar", "legal_name": "APPLEBEE'S FRANCHISOR LLC", "industry": "food-quick-service", "industry_label": "Food Quick Service", "sub_category": "Casual Dining", "fdd_year": 2026, "fdd_filing_state": "NASAA EFD", "fdd_effective_date": "2026-03-27", "fdd_source_url": "https://www.nasaaefd.org/Franchise/Search", "franchisedepth_url": "https://franchisedepth.com/franchise/applebee-s-neighborhood-grill-bar/", "hand_checked": 1, "corrections_logged": 8, "older_fdd": 0, "edition_note": null, "fees": {"initial_fee_low_usd": 35000, "initial_fee_high_usd": 50000, "royalty_pct": 4, "royalty_min_monthly_usd": null, "marketing_fee_pct": 4.25, "marketing_min_monthly_usd": null, "tech_fee_monthly_usd": null, "total_investment_low_usd": 3192516, "total_investment_high_usd": 5076178, "liquid_capital_usd": null, "net_worth_usd": null}, "fee_notes": {"fee_notes": "Celebration prototype (current new-build design; none open yet): $3,192,516–$5,076,178, excluding real estate. The discontinued Tower II prototype costs $3,870,004–$5,822,933. A Dual Branded Restaurant (combined IHOP and Applebee's cost, by conversion or ground-up construction) costs $616,682–$4,632,445."}, "item19_figures": [{"metric": "gross_sales", "metric_label": "Annualized Average Gross Sales", "cohort": "other", "cohort_label": "Traditional Franchised Restaurants - Midwest Region", "outlet_count": 403, "period": "12 months, December 30, 2024 to December 28, 2025", "year": 2025, "unit_period": "annual", "scope": null, "avg_value": 2662918, "median_value": 2545951, "min_value": 1053693, "max_value": 5011435, "fdd_page": 53}, {"metric": "gross_sales", "metric_label": "Annualized Average Gross Sales", "cohort": "other", "cohort_label": "Traditional Franchised Restaurants - Northeast Region", "outlet_count": 279, "period": "12 months, December 30, 2024 to December 28, 2025", "year": 2025, "unit_period": "annual", "scope": null, "avg_value": 3830089, "median_value": 3609473, "min_value": 1994980, "max_value": 10150710, "fdd_page": 53}, {"metric": "gross_sales", "metric_label": "Annualized Average Gross Sales", "cohort": "other", "cohort_label": "Traditional Franchised Restaurants - South Region", "outlet_count": 419, "period": "12 months, December 30, 2024 to December 28, 2025", "year": 2025, "unit_period": "annual", "scope": null, "avg_value": 2450367, "median_value": 2361192, "min_value": 1086609, "max_value": 5036244, "fdd_page": 53}, {"metric": "gross_sales", "metric_label": "Annualized Average Gross Sales", "cohort": "other", "cohort_label": "Traditional Franchised Restaurants - West Region", "outlet_count": 250, "period": "12 months, December 30, 2024 to December 28, 2025", "year": 2025, "unit_period": "annual", "scope": null, "avg_value": 3292418, "median_value": 3224283, "min_value": 1733894, "max_value": 5754375, "fdd_page": 53}, {"metric": "gross_sales", "metric_label": "Annualized Average Gross Sales", "cohort": "all_franchised", "cohort_label": "Traditional Franchised Restaurants - All Regions", "outlet_count": 1351, "period": "12 months, December 30, 2024 to December 28, 2025", "year": 2025, "unit_period": "annual", "scope": null, "avg_value": 2954522, "median_value": 2822904, "min_value": 1053693, "max_value": 10150710, "fdd_page": 53}], "comparable_revenue": {"annual_revenue_usd": 2822904.0, "basis": "median, Traditional Franchised Restaurants - All Regions (1,351 outlets)", "rule": "Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded."}, "outlets_by_year": [{"year": 2023, "outlet_type": "company-owned", "outlets_start": 0, "outlets_end": 0}, {"year": 2023, "outlet_type": "franchised", "outlets_start": 1575, "outlets_end": 1542}, {"year": 2023, "outlet_type": "total", "outlets_start": 1575, "outlets_end": 1542}, {"year": 2024, "outlet_type": "company-owned", "outlets_start": 0, "outlets_end": 47}, {"year": 2024, "outlet_type": "franchised", "outlets_start": 1542, "outlets_end": 1460}, {"year": 2024, "outlet_type": "total", "outlets_start": 1542, "outlets_end": 1507}, {"year": 2025, "outlet_type": "company-owned", "outlets_start": 47, "outlets_end": 59}, {"year": 2025, "outlet_type": "franchised", "outlets_start": 1460, "outlets_end": 1416}, {"year": 2025, "outlet_type": "total", "outlets_start": 1507, "outlets_end": 1475}], "turnover_by_year": [{"year": 2023, "outlets_start": 1575, "opened": 4, "terminated": 2, "non_renewed": 3, "reacquired": 0, "ceased_other": 32, "transferred": null, "outlets_end": 1542}, {"year": 2024, "outlets_start": 1542, "opened": 0, "terminated": 0, "non_renewed": 6, "reacquired": 47, "ceased_other": 29, "transferred": null, "outlets_end": 1460}, {"year": 2025, "outlets_start": 1460, "opened": 9, "terminated": 0, "non_renewed": 8, "reacquired": 12, "ceased_other": 33, "transferred": null, "outlets_end": 1416}], "outlets_by_state": [{"year": 2023, "state": "AK", "outlets_end": 1}, {"year": 2023, "state": "AL", 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"outlets_end": 22}, {"year": 2025, "state": "TX", "outlets_end": 89}, {"year": 2025, "state": "UT", "outlets_end": 9}, {"year": 2025, "state": "VA", "outlets_end": 45}, {"year": 2025, "state": "VT", "outlets_end": 3}, {"year": 2025, "state": "WA", "outlets_end": 40}, {"year": 2025, "state": "WI", "outlets_end": 19}, {"year": 2025, "state": "WV", "outlets_end": 14}, {"year": 2025, "state": "WY", "outlets_end": 2}], "agreement_terms": null, "brand_metrics": {"total_outlets": 1475, "franchised_outlets": 1416, "company_outlets": 59, "states_count": 49, "closure_rate_pct": 2.5, "closures": 113, "closures_not_itemized": 0, "reacquired": 59, "franchised_outlet_years": 4586, "closure_year_from": 2023, "closure_year_to": 2025, "closure_ranking_eligible": 1, "closure_note": null, "growth_pct": -4.3, "growth_outlets_from": 1542, "growth_outlets_to": 1475, "growth_year_from": 2023, "growth_year_to": 2025, "growth_ranking_eligible": 1, "all_in_fee_pct": 8.25, "all_in_basis": "royalty + marketing fund"}, "alternatives": [{"rank": 1, "alternative_slug": "twin-peaks", "alternative_name": "Twin Peaks", "same_sub_category": 1, "alternative_investment_low_usd": 2959000, "investment_gap_usd": 233516, "alternative_total_outlets": 108}, {"rank": 2, "alternative_slug": "patsy-s-italian-restaurant", "alternative_name": "Patsy's Italian Restaurant", "same_sub_category": 1, "alternative_investment_low_usd": 2853500, "investment_gap_usd": 339016, "alternative_total_outlets": 1}, {"rank": 3, "alternative_slug": "fogo-de-ch-o", "alternative_name": "Fogo de Chão", "same_sub_category": 1, "alternative_investment_low_usd": 2680000, "investment_gap_usd": 512516, "alternative_total_outlets": null}, {"rank": 4, "alternative_slug": "ruth-s-chris-steak-house", "alternative_name": "Ruth's Chris Steak House", "same_sub_category": 1, "alternative_investment_low_usd": 2502000, "investment_gap_usd": 690516, "alternative_total_outlets": 137}, {"rank": 5, "alternative_slug": "chili-s", "alternative_name": "Chili's", "same_sub_category": 1, "alternative_investment_low_usd": 3959695, "investment_gap_usd": 767179, "alternative_total_outlets": 1230}, {"rank": 6, "alternative_slug": "carrabba-s-italian-grill", "alternative_name": "Carrabba's Italian Grill", "same_sub_category": 1, "alternative_investment_low_usd": 4260000, "investment_gap_usd": 1067484, "alternative_total_outlets": 218}, {"rank": 7, "alternative_slug": "bombshells-restaurant-and-bar", "alternative_name": "Bombshells Restaurant and Bar", "same_sub_category": 1, "alternative_investment_low_usd": 2094000, "investment_gap_usd": 1098516, "alternative_total_outlets": 12}, {"rank": 8, "alternative_slug": "outback-steakhouse", "alternative_name": "Outback Steakhouse", "same_sub_category": 1, "alternative_investment_low_usd": 4303000, "investment_gap_usd": 1110484, "alternative_total_outlets": 694}, {"rank": 9, "alternative_slug": "bonefish-grill", "alternative_name": "Bonefish Grill", "same_sub_category": 1, "alternative_investment_low_usd": 4303000, "investment_gap_usd": 1110484, "alternative_total_outlets": 185}, {"rank": 10, "alternative_slug": "honest", "alternative_name": "Honest", "same_sub_category": 1, "alternative_investment_low_usd": 1862000, "investment_gap_usd": 1330516, "alternative_total_outlets": 40}], "peer_ranks": [{"metric": "inv_low", "value": 3192516, "rank": 62, "peers": 67, "peer_median": 729000, "rank_order": "lowest first", "peer_group": "Casual Dining"}, {"metric": "fee_low", "value": 35000, "rank": 21, "peers": 67, "peer_median": 39500, "rank_order": "lowest first", "peer_group": "Casual Dining"}, {"metric": "royalty", "value": 4, "rank": 5, "peers": 67, "peer_median": 5, "rank_order": "lowest first", "peer_group": "Casual Dining"}, {"metric": "allin", "value": 8.25, "rank": 56, "peers": 67, "peer_median": 7, "rank_order": "lowest first", "peer_group": "Casual Dining"}, {"metric": "outlets", "value": 1475, "rank": 1, "peers": 67, "peer_median": 34, "rank_order": "highest first", "peer_group": "Casual Dining"}, {"metric": "growth", "value": -4.3, "rank": 25, "peers": 35, "peer_median": -2.2, "rank_order": "highest first", "peer_group": "Casual Dining"}, {"metric": "closure", "value": 2.5, "rank": 7, "peers": 28, "peer_median": 4.25, "rank_order": "lowest first", "peer_group": "Casual Dining"}], "value_ratios": {"comparable_annual_revenue_usd": 2822904, "investment_midpoint_usd": 4134347, "revenue_to_investment": 0.68, "royalty_pct": 4, "revenue_per_royalty_point_usd": 705726}, "closure_by_year": [{"year": 2023, "franchised_outlets_start": 1578, "closures": 37, "closures_not_itemized": 0, "closure_rate_pct": 2.3}, {"year": 2024, "franchised_outlets_start": 1545, "closures": 35, "closures_not_itemized": 0, "closure_rate_pct": 2.3}, {"year": 2025, "franchised_outlets_start": 1463, "closures": 41, "closures_not_itemized": 0, "closure_rate_pct": 2.8}]} +{"brand_slug": "ar-homes", "brand_name": "AR Homes", "legal_name": "AR FRANCHISING, INC.", "industry": "real-estate", "industry_label": "Real Estate", "sub_category": "Luxury Residential", "fdd_year": 2024, "fdd_filing_state": "MN", "fdd_effective_date": "2024-05-01", "fdd_source_url": "https://www.cards.commerce.state.mn.us/CARDS/", "franchisedepth_url": "https://franchisedepth.com/franchise/ar-homes/", "hand_checked": 1, "corrections_logged": 4, "older_fdd": 0, "edition_note": null, "fees": {"initial_fee_low_usd": 65000, "initial_fee_high_usd": 65000, "royalty_pct": 3.5, "royalty_min_monthly_usd": null, "marketing_fee_pct": 0.25, "marketing_min_monthly_usd": null, "tech_fee_monthly_usd": 1000, "total_investment_low_usd": 535000, "total_investment_high_usd": 2190000, "liquid_capital_usd": null, "net_worth_usd": null}, "fee_notes": {"fee_notes": "Royalty varies by product type (3.5%-4.25%). Minimum Annual Royalty set by mutual agreement. Brand Fund (marketing): 0.25% of Contract Sales, max $25,000/year, can increase to 1% with max $100,000. Item 6 prints the Technology Fee as \"currently $1,00 per month\"; Franchise Agreement Section 6.1(d) states a monthly Technology Fee of $1,000, which covers up to 5 users. Additional users are $100 per user per month."}, "item19_figures": [{"metric": "total_revenue", "metric_label": "Closing Revenue", "cohort": "all_franchised", "cohort_label": "29 of the 41 active franchised AR Homes Building Companies that closed a home in 2023 and reported full-year results", "outlet_count": 29, "period": "2023 Calendar Year", "year": 2023, "unit_period": "annual", "scope": "franchisee", "avg_value": 19790221, "median_value": 18125591, "min_value": 1267214, "max_value": 51263399, "fdd_page": 48}, {"metric": "gross_profit", "metric_label": "Gross Profit", "cohort": "all_franchised", "cohort_label": "29 of the 41 active franchised AR Homes Building Companies that closed a home in 2023 and reported full-year results", "outlet_count": 29, "period": "2023 Calendar Year", "year": 2023, "unit_period": "annual", "scope": "franchisee", "avg_value": 2938578, "median_value": 2237139, "min_value": 258525, "max_value": 12265251, "fdd_page": 48}, {"metric": "net_profit", "metric_label": "Adj. Net Income (Net Income plus owner compensation)", "cohort": "all_franchised", "cohort_label": "29 of the 41 active franchised AR Homes Building Companies that closed a home in 2023 and reported full-year results", "outlet_count": 29, "period": "2023 Calendar Year", "year": 2023, "unit_period": "annual", "scope": "franchisee", "avg_value": 1121735, "median_value": 486453, "min_value": -357291, "max_value": 8083158, "fdd_page": 48}], "comparable_revenue": {"annual_revenue_usd": 18125591.0, "basis": "median, 29 of the 41 active franchised AR Homes Building Companies that closed a home in 2023 and reported full-year results (29 outlets)", "rule": "Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded."}, "outlets_by_year": [{"year": 2021, "outlet_type": "company-owned", "outlets_start": 0, "outlets_end": 0}, {"year": 2021, "outlet_type": "franchised", "outlets_start": 46, "outlets_end": 42}, {"year": 2021, "outlet_type": "total", "outlets_start": 46, "outlets_end": 42}, {"year": 2022, "outlet_type": "company-owned", "outlets_start": 0, "outlets_end": 0}, {"year": 2022, "outlet_type": "franchised", "outlets_start": 42, "outlets_end": 46}, {"year": 2022, "outlet_type": "total", "outlets_start": 42, "outlets_end": 46}, {"year": 2023, "outlet_type": "company-owned", "outlets_start": 0, "outlets_end": 0}, {"year": 2023, "outlet_type": "franchised", "outlets_start": 46, "outlets_end": 42}, {"year": 2023, "outlet_type": "total", "outlets_start": 46, "outlets_end": 42}], "turnover_by_year": [{"year": 2021, "outlets_start": 46, "opened": 1, "terminated": 1, "non_renewed": 0, "reacquired": 0, "ceased_other": 4, "transferred": null, "outlets_end": 42}, {"year": 2022, "outlets_start": 42, "opened": 5, "terminated": 0, "non_renewed": 0, "reacquired": 0, "ceased_other": 1, "transferred": null, "outlets_end": 46}, {"year": 2023, "outlets_start": 46, "opened": 1, "terminated": 5, "non_renewed": 0, "reacquired": 0, "ceased_other": 0, "transferred": null, "outlets_end": 42}], "outlets_by_state": [{"year": 2021, "state": "AL", "outlets_end": 1}, {"year": 2021, "state": "FL", "outlets_end": 19}, {"year": 2021, "state": "GA", "outlets_end": 2}, {"year": 2021, "state": "IN", "outlets_end": 2}, {"year": 2021, "state": "NC", "outlets_end": 7}, {"year": 2021, "state": "OH", "outlets_end": 2}, {"year": 2021, "state": "SC", "outlets_end": 4}, {"year": 2021, "state": "TN", "outlets_end": 3}, {"year": 2021, "state": "TX", "outlets_end": 1}, {"year": 2021, "state": "VA", "outlets_end": 1}, {"year": 2022, "state": "AL", "outlets_end": 1}, {"year": 2022, "state": "FL", "outlets_end": 20}, {"year": 2022, "state": "GA", "outlets_end": 2}, {"year": 2022, "state": "IN", "outlets_end": 2}, {"year": 2022, "state": "NC", "outlets_end": 6}, {"year": 2022, "state": "OH", "outlets_end": 2}, {"year": 2022, "state": "SC", "outlets_end": 4}, {"year": 2022, "state": "TN", "outlets_end": 3}, {"year": 2022, "state": "TX", "outlets_end": 4}, {"year": 2022, "state": "VA", "outlets_end": 2}, {"year": 2023, "state": "AL", "outlets_end": 1}, {"year": 2023, "state": "FL", "outlets_end": 19}, {"year": 2023, "state": "GA", "outlets_end": 2}, {"year": 2023, "state": "IN", "outlets_end": 2}, {"year": 2023, "state": "NC", "outlets_end": 6}, {"year": 2023, "state": "OH", "outlets_end": 1}, {"year": 2023, "state": "SC", "outlets_end": 4}, {"year": 2023, "state": "TN", "outlets_end": 3}, {"year": 2023, "state": "TX", "outlets_end": 3}, {"year": 2023, "state": "VA", "outlets_end": 1}], "agreement_terms": null, "brand_metrics": {"total_outlets": 42, "franchised_outlets": 42, "company_outlets": 0, "states_count": 10, "closure_rate_pct": 8.2, "closures": 11, "closures_not_itemized": 0, "reacquired": 0, "franchised_outlet_years": 134, "closure_year_from": 2021, "closure_year_to": 2023, "closure_ranking_eligible": 1, "closure_note": null, "growth_pct": 0.0, "growth_outlets_from": 42, "growth_outlets_to": 42, "growth_year_from": 2021, "growth_year_to": 2023, "growth_ranking_eligible": 1, "all_in_fee_pct": 3.75, "all_in_basis": "royalty + marketing fund"}, "alternatives": [{"rank": 1, "alternative_slug": "engel-v-lkers", "alternative_name": "Engel & Völkers", "same_sub_category": 1, "alternative_investment_low_usd": 108690, "investment_gap_usd": 426310, "alternative_total_outlets": 239}, {"rank": 2, "alternative_slug": "the-oceanaire-realty", "alternative_name": "The Oceanaire Realty", "same_sub_category": 1, "alternative_investment_low_usd": 81700, "investment_gap_usd": 453300, "alternative_total_outlets": 2}, {"rank": 3, "alternative_slug": "christie-s-international-real-estate", "alternative_name": "Christie's International Real Estate", "same_sub_category": 1, "alternative_investment_low_usd": 64475, "investment_gap_usd": 470525, "alternative_total_outlets": 40}, {"rank": 4, "alternative_slug": "corcoran", "alternative_name": "Corcoran", "same_sub_category": 1, "alternative_investment_low_usd": 62150, "investment_gap_usd": 472850, "alternative_total_outlets": 134}, {"rank": 5, "alternative_slug": "sotheby-s-international-realty", "alternative_name": "Sotheby's International Realty", "same_sub_category": 1, "alternative_investment_low_usd": 47250, "investment_gap_usd": 487750, "alternative_total_outlets": 718}, {"rank": 6, "alternative_slug": "integra", "alternative_name": "Integra", "same_sub_category": 0, "alternative_investment_low_usd": 236000, "investment_gap_usd": 299000, "alternative_total_outlets": 49}, {"rank": 7, "alternative_slug": "linden-creek", "alternative_name": "Linden Creek", "same_sub_category": 0, "alternative_investment_low_usd": 227225, "investment_gap_usd": 307775, "alternative_total_outlets": 3}, {"rank": 8, "alternative_slug": "set-the-stage", "alternative_name": "Set the Stage", "same_sub_category": 0, "alternative_investment_low_usd": 204150, "investment_gap_usd": 330850, "alternative_total_outlets": 114}, {"rank": 9, "alternative_slug": "keller-williams-realty", "alternative_name": "Keller Williams Realty", "same_sub_category": 0, "alternative_investment_low_usd": 183647, "investment_gap_usd": 351353, "alternative_total_outlets": 810}, {"rank": 10, "alternative_slug": "ne-tiny-homes", "alternative_name": "NE Tiny Homes", "same_sub_category": 0, "alternative_investment_low_usd": 147000, "investment_gap_usd": 388000, "alternative_total_outlets": 1}], "peer_ranks": [{"metric": "inv_low", "value": 535000, "rank": 54, "peers": 55, "peer_median": 56465, "rank_order": "lowest first", "peer_group": "Real Estate"}, {"metric": "fee_low", "value": 65000, "rank": 52, "peers": 55, "peer_median": 25000, "rank_order": "lowest first", "peer_group": "Real Estate"}, {"metric": "royalty", "value": 3.5, "rank": 5, "peers": 35, "peer_median": 5.5, "rank_order": "lowest first", "peer_group": "Real Estate"}, {"metric": "allin", "value": 3.75, "rank": 6, "peers": 35, "peer_median": 6, "rank_order": "lowest first", "peer_group": "Real Estate"}, {"metric": "outlets", "value": 42, "rank": 38, "peers": 53, "peer_median": 105, "rank_order": "highest first", "peer_group": "Real Estate"}, {"metric": "growth", "value": 0.0, "rank": 14, "peers": 40, "peer_median": -6.5, "rank_order": "highest first", "peer_group": "Real Estate"}, {"metric": "closure", "value": 8.2, "rank": 18, "peers": 40, "peer_median": 8.55, "rank_order": "lowest first", "peer_group": "Real Estate"}], "value_ratios": {"comparable_annual_revenue_usd": 18125591, "investment_midpoint_usd": 1362500, "revenue_to_investment": 13.3, "royalty_pct": 3.5, "revenue_per_royalty_point_usd": 5178740}, "closure_by_year": [{"year": 2021, "franchised_outlets_start": 46, "closures": 5, "closures_not_itemized": 0, "closure_rate_pct": 10.9}, {"year": 2022, "franchised_outlets_start": 42, "closures": 1, "closures_not_itemized": 0, "closure_rate_pct": 2.4}, {"year": 2023, "franchised_outlets_start": 46, "closures": 5, "closures_not_itemized": 0, "closure_rate_pct": 10.9}]} +{"brand_slug": "atc-healthcare-services", "brand_name": "ATC Healthcare Services", "legal_name": "ATC Healthcare Services, LLC", "industry": "staffing-employment", "industry_label": "Staffing & Employment", "sub_category": null, "fdd_year": 2026, "fdd_filing_state": "NASAA EFD", "fdd_effective_date": "2026-01-20", "fdd_source_url": "https://www.nasaaefd.org/Franchise/Search", "franchisedepth_url": "https://franchisedepth.com/franchise/atc-healthcare-services/", "hand_checked": 1, "corrections_logged": 2, "older_fdd": 0, "edition_note": null, "fees": {"initial_fee_low_usd": 30000, "initial_fee_high_usd": 50000, "royalty_pct": null, "royalty_min_monthly_usd": null, "marketing_fee_pct": 0, "marketing_min_monthly_usd": null, "tech_fee_monthly_usd": null, "total_investment_low_usd": 158500, "total_investment_high_usd": 302500, "liquid_capital_usd": null, "net_worth_usd": null}, "fee_notes": {"fee_notes": "Standard fee $50,000; military veteran/active duty discount 25% ($37,500); last fiscal year collected $30,000-$50,000. Multiple unit packages: $50,000 first unit + $37,500 per additional unit. Royalty Fee is 45% of gross margin on temporary and temp-to-hire placement revenue and 15% of gross margin on permanent placement revenue, where gross margin is Total Revenue less Direct Costs. Conversion franchises pay 35% of gross margin on existing business for the first two years, then 45%. Minimum royalty, assessed quarterly: $12,000 in year 1 ($6,000 in each of quarters 3 and 4), $100,000 in year 2, $150,000 in year 3, $200,000 in year 4, $210,000 in year 5, $220,500 in year 6, $231,524 in year 7, $243,100 in year 8, $255,256 in year 9 and $268,016 in year 10. Technology Fee $1,500-$3,000 per month. Brand Development Fee of up to 1% of Total Revenue is reserved; the fund was not established as of September 30, 2025."}, "item19_figures": [{"metric": "total_revenue", "metric_label": "Total Revenue of Reporting Franchises Open for 1-5 Years", "cohort": "open_24_plus_mo", "cohort_label": "Reporting Franchises Open for 1-5 Years (14 franchises)", "outlet_count": 14, "period": "fiscal year ended September 30, 2025", "year": 2025, "unit_period": "annual", "scope": null, "avg_value": 3536960, "median_value": 1518641, "min_value": 105577, "max_value": 13786163, "fdd_page": null}, {"metric": "other", "metric_label": "Gross Margin % of Reporting Franchises Open for 1-5 Years", "cohort": "open_24_plus_mo", "cohort_label": "Reporting Franchises Open for 1-5 Years (14 franchises)", "outlet_count": 14, "period": null, "year": 2025, "unit_period": null, "scope": null, "avg_value": 22, "median_value": 21, "min_value": 12, "max_value": 34, "fdd_page": null}, {"metric": "total_revenue", "metric_label": "Total Revenue of Reporting Franchises Open for 6-10 Years", "cohort": "open_36_plus_mo", "cohort_label": "Reporting Franchises Open for 6-10 Years (8 franchises)", "outlet_count": 8, "period": null, "year": 2025, "unit_period": "annual", "scope": null, "avg_value": 1799504, "median_value": 2007974, "min_value": 444638, "max_value": 3654501, "fdd_page": null}, {"metric": "other", "metric_label": "Gross Margin % of Reporting Franchises Open for 6-10 Years", "cohort": "open_36_plus_mo", "cohort_label": "Reporting Franchises Open for 6-10 Years (8 franchises)", "outlet_count": 8, "period": null, "year": 2025, "unit_period": null, "scope": null, "avg_value": 25, "median_value": 23, "min_value": 18, "max_value": 37, "fdd_page": null}, {"metric": "total_revenue", "metric_label": "Total Revenue of Reporting Franchises Open for 11+ Years", "cohort": "open_60_plus_mo", "cohort_label": "Reporting Franchises Open for 11+ Years (11 franchises)", "outlet_count": 11, "period": null, "year": 2025, "unit_period": "annual", "scope": null, "avg_value": 3485449, "median_value": 1966369, "min_value": 283978, "max_value": 10286436, "fdd_page": null}, {"metric": "other", "metric_label": "Gross Margin % of Reporting Franchises Open for 11+ Years", "cohort": "open_60_plus_mo", "cohort_label": "Reporting Franchises Open for 11+ Years (11 franchises)", "outlet_count": 11, "period": null, "year": 2025, "unit_period": null, "scope": null, "avg_value": 22, "median_value": 21, "min_value": 16, "max_value": 30, "fdd_page": null}, {"metric": "other", "metric_label": "Permanent Placements", "cohort": "all_franchised", "cohort_label": "Reporting Franchises Offering Permanent Placements (9 franchises)", "outlet_count": null, "period": "fiscal year ended September 30, 2025", "year": 2025, "unit_period": "annual", "scope": null, "avg_value": 18885, "median_value": 15707, "min_value": 1778, "max_value": 68273, "fdd_page": 53}], "comparable_revenue": {"annual_revenue_usd": 1518641.0, "basis": "median, Reporting Franchises Open for 1-5 Years (14 franchises) (14 outlets)", "rule": "Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded."}, "outlets_by_year": [{"year": 2023, "outlet_type": "company-owned", "outlets_start": 0, "outlets_end": 0}, {"year": 2023, "outlet_type": "franchised", "outlets_start": 60, "outlets_end": 65}, {"year": 2024, "outlet_type": "company-owned", "outlets_start": 0, "outlets_end": 5}, {"year": 2024, "outlet_type": "franchised", "outlets_start": 65, "outlets_end": 34}, {"year": 2025, "outlet_type": "company-owned", "outlets_start": 5, "outlets_end": 0}, {"year": 2025, "outlet_type": "franchised", "outlets_start": 34, "outlets_end": 34}], "turnover_by_year": [{"year": 2023, "outlets_start": 60, "opened": 12, "terminated": 5, "non_renewed": 0, "reacquired": 0, "ceased_other": 2, "transferred": null, "outlets_end": 65}, {"year": 2024, "outlets_start": 65, "opened": 1, "terminated": 28, "non_renewed": 0, "reacquired": 4, "ceased_other": 0, "transferred": null, "outlets_end": 34}, {"year": 2025, "outlets_start": 34, "opened": 1, "terminated": 1, "non_renewed": 0, "reacquired": 0, "ceased_other": 0, "transferred": null, "outlets_end": 34}], "outlets_by_state": [{"year": 2023, "state": "AL", "outlets_end": 3}, {"year": 2023, "state": "CA", "outlets_end": 11}, {"year": 2023, "state": "DE", "outlets_end": 1}, {"year": 2023, "state": "FL", "outlets_end": 7}, {"year": 2023, "state": "GA", "outlets_end": 4}, {"year": 2023, "state": "IL", "outlets_end": 1}, {"year": 2023, "state": "IN", "outlets_end": 4}, {"year": 2023, "state": "MD", "outlets_end": 1}, {"year": 2023, "state": "MI", "outlets_end": 5}, {"year": 2023, "state": "MO", "outlets_end": 1}, {"year": 2023, "state": "NC", "outlets_end": 1}, {"year": 2023, "state": "NJ", "outlets_end": 2}, {"year": 2023, "state": "NV", "outlets_end": 0}, {"year": 2023, "state": "NY", "outlets_end": 4}, {"year": 2023, "state": "OH", "outlets_end": 2}, {"year": 2023, "state": "OR", "outlets_end": 1}, {"year": 2023, "state": "PA", "outlets_end": 2}, {"year": 2023, "state": "SC", "outlets_end": 2}, {"year": 2023, "state": "TN", "outlets_end": 1}, {"year": 2023, "state": "TX", "outlets_end": 8}, {"year": 2023, "state": "VA", "outlets_end": 3}, {"year": 2023, "state": "WA", "outlets_end": 1}, {"year": 2024, "state": "AL", "outlets_end": 3}, {"year": 2024, "state": "CA", "outlets_end": 2}, {"year": 2024, "state": "DE", "outlets_end": 0}, {"year": 2024, "state": "FL", "outlets_end": 1}, {"year": 2024, "state": "GA", "outlets_end": 4}, {"year": 2024, "state": "IL", "outlets_end": 1}, {"year": 2024, "state": "IN", "outlets_end": 1}, {"year": 2024, "state": "MD", "outlets_end": 1}, {"year": 2024, "state": "MI", "outlets_end": 5}, {"year": 2024, "state": "MO", "outlets_end": 0}, {"year": 2024, "state": "NC", "outlets_end": 0}, {"year": 2024, "state": "NJ", "outlets_end": 2}, {"year": 2024, "state": "NV", "outlets_end": 0}, {"year": 2024, "state": "NY", "outlets_end": 5}, {"year": 2024, "state": "OH", "outlets_end": 1}, {"year": 2024, "state": "OR", "outlets_end": 1}, {"year": 2024, "state": "PA", "outlets_end": 2}, {"year": 2024, "state": "SC", "outlets_end": 2}, {"year": 2024, "state": "TN", "outlets_end": 0}, {"year": 2024, "state": "TX", "outlets_end": 0}, {"year": 2024, "state": "VA", "outlets_end": 2}, {"year": 2024, "state": "WA", "outlets_end": 1}, {"year": 2025, "state": "AL", "outlets_end": 3}, {"year": 2025, "state": "CA", "outlets_end": 2}, {"year": 2025, "state": "DE", "outlets_end": 0}, {"year": 2025, "state": "FL", "outlets_end": 1}, {"year": 2025, "state": "GA", "outlets_end": 4}, {"year": 2025, "state": "IL", "outlets_end": 1}, {"year": 2025, "state": "IN", "outlets_end": 1}, {"year": 2025, "state": "MD", "outlets_end": 1}, {"year": 2025, "state": "MI", "outlets_end": 5}, {"year": 2025, "state": "MO", "outlets_end": 0}, {"year": 2025, "state": "NC", "outlets_end": 0}, {"year": 2025, "state": "NJ", "outlets_end": 2}, {"year": 2025, "state": "NV", "outlets_end": 1}, {"year": 2025, "state": "NY", "outlets_end": 4}, {"year": 2025, "state": "OH", "outlets_end": 1}, {"year": 2025, "state": "OR", "outlets_end": 1}, {"year": 2025, "state": "PA", "outlets_end": 2}, {"year": 2025, "state": "SC", "outlets_end": 2}, {"year": 2025, "state": "TN", "outlets_end": 0}, {"year": 2025, "state": "TX", "outlets_end": 0}, {"year": 2025, "state": "VA", "outlets_end": 2}, {"year": 2025, "state": "WA", "outlets_end": 1}], "agreement_terms": null, "brand_metrics": {"total_outlets": 34, "franchised_outlets": 34, "company_outlets": 0, "states_count": 17, "closure_rate_pct": 22.6, "closures": 36, "closures_not_itemized": 0, "reacquired": 4, "franchised_outlet_years": 159, "closure_year_from": 2023, "closure_year_to": 2025, "closure_ranking_eligible": 1, "closure_note": null, "growth_pct": -47.7, "growth_outlets_from": 65, "growth_outlets_to": 34, "growth_year_from": 2023, "growth_year_to": 2025, "growth_ranking_eligible": 1, "all_in_fee_pct": null, "all_in_basis": null}, "alternatives": [{"rank": 1, "alternative_slug": "signal", "alternative_name": "Signal", "same_sub_category": 0, "alternative_investment_low_usd": 160200, "investment_gap_usd": 1700, "alternative_total_outlets": 1883}, {"rank": 2, "alternative_slug": "labor-finders", "alternative_name": "Labor Finders", "same_sub_category": 0, "alternative_investment_low_usd": 153635, "investment_gap_usd": 4865, "alternative_total_outlets": 184}, {"rank": 3, "alternative_slug": "atwork", "alternative_name": "AtWork", "same_sub_category": 0, "alternative_investment_low_usd": 165000, "investment_gap_usd": 6500, "alternative_total_outlets": 90}, {"rank": 4, "alternative_slug": "pridestaff", "alternative_name": "PrideStaff", "same_sub_category": 0, "alternative_investment_low_usd": 151950, "investment_gap_usd": 6550, "alternative_total_outlets": null}, {"rank": 5, "alternative_slug": "silbar-security", "alternative_name": "Silbar Security", "same_sub_category": 0, "alternative_investment_low_usd": 145500, "investment_gap_usd": 13000, "alternative_total_outlets": 9}, {"rank": 6, "alternative_slug": "snapchef", "alternative_name": "Snapchef", "same_sub_category": 0, "alternative_investment_low_usd": 138140, "investment_gap_usd": 20360, "alternative_total_outlets": 4}, {"rank": 7, "alternative_slug": "spherion", "alternative_name": "Spherion", "same_sub_category": 0, "alternative_investment_low_usd": 132980, "investment_gap_usd": 25520, "alternative_total_outlets": 212}, {"rank": 8, "alternative_slug": "express-employment-professionals", "alternative_name": "Express Employment Professionals", "same_sub_category": 0, "alternative_investment_low_usd": 131000, "investment_gap_usd": 27500, "alternative_total_outlets": 791}, {"rank": 9, "alternative_slug": "nextaff", "alternative_name": "Nextaff", "same_sub_category": 0, "alternative_investment_low_usd": 126700, "investment_gap_usd": 31800, "alternative_total_outlets": 35}, {"rank": 10, "alternative_slug": "the-entrepreneur-s-source", "alternative_name": "The Entrepreneur's Source", "same_sub_category": 0, "alternative_investment_low_usd": 114350, "investment_gap_usd": 44150, "alternative_total_outlets": null}], "peer_ranks": [{"metric": "inv_low", "value": 158500, "rank": 28, "peers": 30, "peer_median": 77791.5, "rank_order": "lowest first", "peer_group": "Staffing & Employment"}, {"metric": "fee_low", "value": 30000, "rank": 10, "peers": 29, "peer_median": 37500, "rank_order": "lowest first", "peer_group": "Staffing & Employment"}, {"metric": "outlets", "value": 34, "rank": 15, "peers": 30, "peer_median": 33.0, "rank_order": "highest first", "peer_group": "Staffing & Employment"}, {"metric": "growth", "value": -47.7, "rank": 15, "peers": 15, "peer_median": -4.9, "rank_order": "highest first", "peer_group": "Staffing & Employment"}, {"metric": "closure", "value": 22.6, "rank": 13, "peers": 13, "peer_median": 10.2, "rank_order": "lowest first", "peer_group": "Staffing & Employment"}], "value_ratios": {"comparable_annual_revenue_usd": 1518641, "investment_midpoint_usd": 230500, "revenue_to_investment": 6.59, "royalty_pct": null, "revenue_per_royalty_point_usd": null}, "closure_by_year": [{"year": 2023, "franchised_outlets_start": 60, "closures": 7, "closures_not_itemized": 0, "closure_rate_pct": 11.7}, {"year": 2024, "franchised_outlets_start": 65, "closures": 28, "closures_not_itemized": 0, "closure_rate_pct": 43.1}, {"year": 2025, "franchised_outlets_start": 34, "closures": 1, "closures_not_itemized": 0, "closure_rate_pct": 2.9}]} +{"brand_slug": "baja-fresh", "brand_name": "Baja Fresh", "legal_name": "BF Acquisition Holdings, LLC", "industry": "food-quick-service", "industry_label": "Food Quick Service", "sub_category": "Mexican", "fdd_year": 2026, "fdd_filing_state": "MN", "fdd_effective_date": "2026-03-27", "fdd_source_url": "https://www.cards.commerce.state.mn.us/CARDS/", "franchisedepth_url": "https://franchisedepth.com/franchise/baja-fresh/", "hand_checked": 1, "corrections_logged": 2, "older_fdd": 0, "edition_note": null, "fees": {"initial_fee_low_usd": 10000, "initial_fee_high_usd": 30000, "royalty_pct": 5, "royalty_min_monthly_usd": null, "marketing_fee_pct": 3, "marketing_min_monthly_usd": null, "tech_fee_monthly_usd": 130, "total_investment_low_usd": 428560, "total_investment_high_usd": 1034290, "liquid_capital_usd": null, "net_worth_usd": null}, "fee_notes": {"fee_notes": "Traditional Restaurant: $30,000 (first unit), reduced to $15,000 for second and subsequent traditional restaurants. Non-Traditional Restaurant: $20,000 (first unit), reduced to $10,000 for second and subsequent non-traditional restaurants. Eligible Military (active, active reserve, or honorably discharged) and federally recognized 501(c)(3) organizations receive a 20% discount on the Initial Franchise Fee. No refunds under any circumstances. Fee is waived for transfer or renewal signings. Franchisor may periodically reduce the fee for limited-time promotions. Technology fees are a $55 per month POS Help Desk fee plus a POS data polling fee of up to $75 per month."}, "item19_figures": [{"metric": "gross_sales", "metric_label": "Average Gross Sales / Median Gross Sales", "cohort": "all_franchised", "cohort_label": "All franchised outlets", "outlet_count": 65, "period": "December 1, 2024 through November 30, 2025", "year": 2025, "unit_period": "annual", "scope": "franchisee", "avg_value": 822568, "median_value": 813419, "min_value": null, "max_value": null, "fdd_page": 83}, {"metric": "gross_sales", "metric_label": "Average Gross Sales / Median Gross Sales", "cohort": "performance_anchored", "cohort_label": "Top 20% franchised outlets", "outlet_count": 13, "period": "December 1, 2024 through November 30, 2025", "year": 2025, "unit_period": "annual", "scope": "franchisee", "avg_value": 1283451, "median_value": 1222206, "min_value": null, "max_value": null, "fdd_page": 83}, {"metric": "gross_sales", "metric_label": "Average Gross Sales / Median Gross Sales", "cohort": "performance_anchored", "cohort_label": "Bottom 20% franchised outlets", "outlet_count": 13, "period": "December 1, 2024 through November 30, 2025", "year": 2025, "unit_period": "annual", "scope": "franchisee", "avg_value": 359747, "median_value": 406368, "min_value": null, "max_value": null, "fdd_page": 83}], "comparable_revenue": {"annual_revenue_usd": 813419.0, "basis": "median, All franchised outlets (65 outlets)", "rule": "Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded."}, "outlets_by_year": [{"year": 2023, "outlet_type": "company-owned", "outlets_start": 7, "outlets_end": 11}, {"year": 2023, "outlet_type": "franchised", "outlets_start": 77, "outlets_end": 67}, {"year": 2023, "outlet_type": "total", "outlets_start": 84, "outlets_end": 78}, {"year": 2024, "outlet_type": "company-owned", "outlets_start": 11, "outlets_end": 6}, {"year": 2024, "outlet_type": "franchised", "outlets_start": 67, "outlets_end": 67}, {"year": 2024, "outlet_type": "total", "outlets_start": 78, "outlets_end": 73}, {"year": 2025, "outlet_type": "company-owned", "outlets_start": 6, "outlets_end": 1}, {"year": 2025, "outlet_type": "franchised", "outlets_start": 67, "outlets_end": 67}, {"year": 2025, "outlet_type": "total", "outlets_start": 73, "outlets_end": 68}], "turnover_by_year": [{"year": 2023, "outlets_start": 77, "opened": 1, "terminated": 0, "non_renewed": 1, "reacquired": 6, "ceased_other": 5, "transferred": 3, "outlets_end": 67}, {"year": 2024, "outlets_start": 67, "opened": 1, "terminated": 0, "non_renewed": 1, "reacquired": 0, "ceased_other": 4, "transferred": 1, "outlets_end": 67}, {"year": 2025, "outlets_start": 67, "opened": 1, "terminated": 0, "non_renewed": 3, "reacquired": 0, "ceased_other": 2, "transferred": 2, "outlets_end": 67}], "outlets_by_state": [{"year": 2023, "state": "AZ", "outlets_end": 2}, {"year": 2023, "state": "CA", "outlets_end": 31}, {"year": 2023, "state": "DC", "outlets_end": 1}, {"year": 2023, "state": "FL", "outlets_end": 0}, {"year": 2023, "state": "GA", "outlets_end": 2}, {"year": 2023, "state": "ID", "outlets_end": 0}, {"year": 2023, "state": "MD", "outlets_end": 4}, {"year": 2023, "state": "MO", "outlets_end": 1}, {"year": 2023, "state": "NJ", "outlets_end": 0}, {"year": 2023, "state": "NV", "outlets_end": 4}, {"year": 2023, "state": "OK", "outlets_end": 1}, {"year": 2023, "state": "OR", "outlets_end": 13}, {"year": 2023, "state": "TN", "outlets_end": 1}, {"year": 2023, "state": "TX", "outlets_end": 1}, {"year": 2023, "state": "VA", "outlets_end": 2}, {"year": 2023, "state": "WA", "outlets_end": 4}, {"year": 2023, "state": "WI", "outlets_end": 0}, {"year": 2024, "state": "AZ", "outlets_end": 2}, {"year": 2024, "state": "CA", "outlets_end": 33}, {"year": 2024, "state": "DC", "outlets_end": 0}, {"year": 2024, "state": "FL", "outlets_end": 0}, {"year": 2024, "state": "GA", "outlets_end": 2}, {"year": 2024, "state": "ID", "outlets_end": 0}, {"year": 2024, "state": "MD", "outlets_end": 4}, {"year": 2024, "state": "MO", "outlets_end": 0}, {"year": 2024, "state": "NJ", "outlets_end": 0}, {"year": 2024, "state": "NV", "outlets_end": 4}, {"year": 2024, "state": "OK", "outlets_end": 1}, {"year": 2024, "state": "OR", "outlets_end": 13}, {"year": 2024, "state": "TN", "outlets_end": 1}, {"year": 2024, "state": "TX", "outlets_end": 1}, {"year": 2024, "state": "VA", "outlets_end": 2}, {"year": 2024, "state": "WA", "outlets_end": 4}, {"year": 2024, "state": "WI", "outlets_end": 0}, {"year": 2025, "state": "AZ", "outlets_end": 2}, {"year": 2025, "state": "CA", "outlets_end": 31}, {"year": 2025, "state": "DC", "outlets_end": 0}, {"year": 2025, "state": "FL", "outlets_end": 0}, {"year": 2025, "state": "GA", "outlets_end": 2}, {"year": 2025, "state": "ID", "outlets_end": 0}, {"year": 2025, "state": "MD", "outlets_end": 3}, {"year": 2025, "state": "MO", "outlets_end": 0}, {"year": 2025, "state": "NJ", "outlets_end": 0}, {"year": 2025, "state": "NV", "outlets_end": 3}, {"year": 2025, "state": "OK", "outlets_end": 1}, {"year": 2025, "state": "OR", "outlets_end": 13}, {"year": 2025, "state": "TN", "outlets_end": 1}, {"year": 2025, "state": "TX", "outlets_end": 1}, {"year": 2025, "state": "VA", "outlets_end": 2}, {"year": 2025, "state": "WA", "outlets_end": 4}, {"year": 2025, "state": "WI", "outlets_end": 0}], "agreement_terms": {"term_years": 10, "renewal_count": 1, "renewal_term_years": 5, "renewal_fee": "Pay a renewal franchise fee (amount not specified in Item 17 table; renewal FA may have materially different terms including higher royalty and advertising fees)", "transfer_fee": "Transfer franchise fee and transfer training fee paid (amounts not specified in Item 17 table)", "cure_period_days": 14, "noncompete_post_term_years": 2, "noncompete_post_term_radius_miles": 10, "dispute_resolution": "arbitration", "governing_law_state": null, "fdd_page": 75}, "brand_metrics": {"total_outlets": 68, "franchised_outlets": 67, "company_outlets": 1, "states_count": 11, "closure_rate_pct": 7.6, "closures": 16, "closures_not_itemized": 0, "reacquired": 6, "franchised_outlet_years": 211, "closure_year_from": 2023, "closure_year_to": 2025, "closure_ranking_eligible": 1, "closure_note": null, "growth_pct": -12.8, "growth_outlets_from": 78, "growth_outlets_to": 68, "growth_year_from": 2023, "growth_year_to": 2025, "growth_ranking_eligible": 1, "all_in_fee_pct": 8, "all_in_basis": "royalty + marketing fund"}, "alternatives": [{"rank": 1, "alternative_slug": "lucha-libre-gourmet-taco-shop", "alternative_name": "Lucha Libre Gourmet Taco Shop", "same_sub_category": 1, "alternative_investment_low_usd": 431000, "investment_gap_usd": 2440, "alternative_total_outlets": 3}, {"rank": 2, "alternative_slug": "burrito-parrilla-mexicana", "alternative_name": "Burrito Parrilla Mexicana", "same_sub_category": 1, "alternative_investment_low_usd": 437000, "investment_gap_usd": 8440, "alternative_total_outlets": 11}, {"rank": 3, "alternative_slug": "super-mex", "alternative_name": "Super Mex", "same_sub_category": 1, "alternative_investment_low_usd": 418644, "investment_gap_usd": 9916, "alternative_total_outlets": 11}, {"rank": 4, "alternative_slug": "barrio-burrito-bar", "alternative_name": "Barrio Burrito Bar", "same_sub_category": 1, "alternative_investment_low_usd": 418620, "investment_gap_usd": 9940, "alternative_total_outlets": 4}, {"rank": 5, "alternative_slug": "california-tortilla", "alternative_name": "California Tortilla", "same_sub_category": 1, "alternative_investment_low_usd": 443700, "investment_gap_usd": 15140, "alternative_total_outlets": 34}, {"rank": 6, "alternative_slug": "taco-pros", "alternative_name": "Taco Pros", "same_sub_category": 1, "alternative_investment_low_usd": 456500, "investment_gap_usd": 27940, "alternative_total_outlets": 9}, {"rank": 7, "alternative_slug": "tijuana-flats", "alternative_name": "Tijuana Flats", "same_sub_category": 1, "alternative_investment_low_usd": 469550, "investment_gap_usd": 40990, "alternative_total_outlets": 135}, {"rank": 8, "alternative_slug": "taco-maya", "alternative_name": "Taco Maya", "same_sub_category": 1, "alternative_investment_low_usd": 369000, "investment_gap_usd": 59560, "alternative_total_outlets": null}, {"rank": 9, "alternative_slug": "tio-juan-s-margaritas-mexican-restaurant", "alternative_name": "Tio Juan's Margaritas Mexican Restaurant", "same_sub_category": 1, "alternative_investment_low_usd": 488800, "investment_gap_usd": 60240, "alternative_total_outlets": 25}, {"rank": 10, "alternative_slug": "tacotime", "alternative_name": "TacoTime", "same_sub_category": 1, "alternative_investment_low_usd": 365650, "investment_gap_usd": 62910, "alternative_total_outlets": 100}], "peer_ranks": [{"metric": "inv_low", "value": 428560, "rank": 18, "peers": 40, "peer_median": 440350.0, "rank_order": "lowest first", "peer_group": "Mexican"}, {"metric": "fee_low", "value": 10000, "rank": 4, "peers": 42, "peer_median": 35000.0, "rank_order": "lowest first", "peer_group": "Mexican"}, {"metric": "royalty", "value": 5, "rank": 3, "peers": 40, "peer_median": 5.0, "rank_order": "lowest first", "peer_group": "Mexican"}, {"metric": "allin", "value": 8, "rank": 25, "peers": 40, "peer_median": 7.0, "rank_order": "lowest first", "peer_group": "Mexican"}, {"metric": "outlets", "value": 68, "rank": 12, "peers": 40, "peer_median": 22.5, "rank_order": "highest first", "peer_group": "Mexican"}, {"metric": "growth", "value": -12.8, "rank": 17, "peers": 20, "peer_median": -6.75, "rank_order": "highest first", "peer_group": "Mexican"}, {"metric": "closure", "value": 7.6, "rank": 13, "peers": 17, "peer_median": 6.2, "rank_order": "lowest first", "peer_group": "Mexican"}], "value_ratios": {"comparable_annual_revenue_usd": 813419, "investment_midpoint_usd": 731425, "revenue_to_investment": 1.11, "royalty_pct": 5, "revenue_per_royalty_point_usd": 162684}, "closure_by_year": [{"year": 2023, "franchised_outlets_start": 77, "closures": 6, "closures_not_itemized": 0, "closure_rate_pct": 7.8}, {"year": 2024, "franchised_outlets_start": 67, "closures": 5, "closures_not_itemized": 0, "closure_rate_pct": 7.5}, {"year": 2025, "franchised_outlets_start": 67, "closures": 5, "closures_not_itemized": 0, "closure_rate_pct": 7.5}]} +{"brand_slug": "batteries-plus", "brand_name": "Batteries Plus", "legal_name": "Batteries Plus, L.L.C.", "industry": "retail-services", "industry_label": "Retail Services", "sub_category": "Specialty Retail", "fdd_year": 2026, "fdd_filing_state": "MN", "fdd_effective_date": "2026-03-26", "fdd_source_url": "https://www.cards.commerce.state.mn.us/CARDS/", "franchisedepth_url": "https://franchisedepth.com/franchise/batteries-plus/", "hand_checked": 1, "corrections_logged": 4, "older_fdd": 0, "edition_note": null, "fees": {"initial_fee_low_usd": 15000, "initial_fee_high_usd": 49500, "royalty_pct": 5, "royalty_min_monthly_usd": null, "marketing_fee_pct": 1, "marketing_min_monthly_usd": null, "tech_fee_monthly_usd": 1098, "total_investment_low_usd": 284786, "total_investment_high_usd": 536636, "liquid_capital_usd": 100000, "net_worth_usd": null}, "fee_notes": {"fee_notes": "Single-unit Initial Franchise Fee is $49,500. Under a Multiple Unit Franchise Agreement, fees are $49,500 for the 1st store, $44,500 for the 2nd, $39,500 for the 3rd, and $34,500 for the 4th and subsequent stores. A $15,000 Multiple Unit Territory Fee per store is credited against future Initial Franchise Fees. A $10,000 discount is available for qualifying veterans, active/retired firefighters, police officers, EMT/paramedics, nurses, and teachers off the first store fee. Existing franchisees in good standing for 36+ months may open one additional store at a discounted Initial Franchise Fee of $15,000 (lowest possible value). All fees are non-refundable. Monthly technology fees total $1,098: Software Support $509, Omni-Channel Maintenance $200, Avalara Avatax $27, Payment Gateway $22, Salesforce.com CRM $80, Managed Security Services (PCI) $200 and RepairQ $60. The Minimum Store Promotion Requirement is a pro rata $20,000 in the first calendar year, then the greater of 4% of prior-year Net Revenues or $20,000 per year; a shortfall must be deposited with the franchisor. $20,000 is paid to the franchisor at store opening and applied to the Digital Marketing Contribution, which will not exceed the greater of 3% of Net Revenues or the Minimum Store Promotion Requirement."}, "item19_figures": [{"metric": "other", "metric_label": "Merchandise Margin Percentage (Retail and Commercial)", "cohort": "all_franchised", "cohort_label": "490 Same Stores (franchised-owned, open at least 308 days, January 1, 2025 through November 2, 2025)", "outlet_count": 490, "period": "January 1, 2025 to December 31, 2025", "year": 2025, "unit_period": null, "scope": "franchisee", "avg_value": 51, "median_value": null, "min_value": null, "max_value": null, "fdd_page": 53}, {"metric": "other", "metric_label": "Merchandise Margin Percentage - Retail", "cohort": "all_franchised", "cohort_label": "All Stores (490 franchised-owned), Retail customers", "outlet_count": 490, "period": "January 1, 2025 to December 31, 2025", "year": 2025, "unit_period": null, "scope": "franchisee", "avg_value": 60, "median_value": null, "min_value": null, "max_value": null, "fdd_page": 54}, {"metric": "other", "metric_label": "Merchandise Margin Percentage - Commercial", "cohort": "all_franchised", "cohort_label": "All Stores (490 franchised-owned), Commercial customers", "outlet_count": 490, "period": "January 1, 2025 to December 31, 2025", "year": 2025, "unit_period": null, "scope": "franchisee", "avg_value": 38, "median_value": null, "min_value": null, "max_value": null, "fdd_page": 54}, {"metric": "other", "metric_label": "Percentage of Net Revenue - Retail", "cohort": "all_franchised", "cohort_label": "All Stores (490 franchised-owned), Retail customers", "outlet_count": 490, "period": "January 1, 2025 to December 31, 2025", "year": 2025, "unit_period": null, "scope": "franchisee", "avg_value": 58, "median_value": null, "min_value": null, "max_value": null, "fdd_page": 54}, {"metric": "other", "metric_label": "Percentage of Net Revenue - Commercial", "cohort": "all_franchised", "cohort_label": "All Stores (490 franchised-owned), Commercial customers", "outlet_count": 490, "period": "January 1, 2025 to December 31, 2025", "year": 2025, "unit_period": null, "scope": "franchisee", "avg_value": 42, "median_value": null, "min_value": null, "max_value": null, "fdd_page": 54}, {"metric": "total_revenue", "metric_label": "Average Net Revenue (More than 35% of Total Net Revenue is Commercial Sales)", "cohort": "other", "cohort_label": "More than 35% of Total Net Revenue is Commercial Sales (268 Same Stores)", "outlet_count": 268, "period": "September 1, 2024 to August 31, 2025", "year": 2025, "unit_period": "annual", "scope": "franchisee", "avg_value": 1052912, "median_value": 925171, "min_value": 407996, "max_value": 7352102, "fdd_page": 55}, 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"outlets_end": 3}, {"year": 2023, "state": "TN", "outlets_end": 3}, {"year": 2023, "state": "TX", "outlets_end": 2}, {"year": 2023, "state": "VA", "outlets_end": 0}, {"year": 2023, "state": "WI", "outlets_end": 1}], "agreement_terms": null, "brand_metrics": {"total_outlets": 45, "franchised_outlets": 41, "company_outlets": 4, "states_count": 27, "closure_rate_pct": 7.7, "closures": 13, "closures_not_itemized": 0, "reacquired": 3, "franchised_outlet_years": 169, "closure_year_from": 2021, "closure_year_to": 2023, "closure_ranking_eligible": 1, "closure_note": null, "growth_pct": -22.4, "growth_outlets_from": 58, "growth_outlets_to": 45, "growth_year_from": 2021, "growth_year_to": 2023, "growth_ranking_eligible": 1, "all_in_fee_pct": 4, "all_in_basis": "royalty only (no marketing-fund % listed)"}, "alternatives": [{"rank": 1, "alternative_slug": "the-smoky-grass-station", "alternative_name": "The Smoky Grass Station", "same_sub_category": 1, "alternative_investment_low_usd": 96150, "investment_gap_usd": 6750, "alternative_total_outlets": 11}, {"rank": 2, "alternative_slug": "pro-image-sports", "alternative_name": "Pro Image Sports", "same_sub_category": 1, "alternative_investment_low_usd": 109750, "investment_gap_usd": 6850, "alternative_total_outlets": 154}, {"rank": 3, "alternative_slug": "sunmed-your-cbd-store", "alternative_name": "Sunmed™ | YOUR CBD STORE®", "same_sub_category": 1, "alternative_investment_low_usd": 95800, "investment_gap_usd": 7100, "alternative_total_outlets": 298}, {"rank": 4, "alternative_slug": "cheong-kwan-jang", "alternative_name": "Cheong Kwan Jang", "same_sub_category": 1, "alternative_investment_low_usd": 110000, "investment_gap_usd": 7100, "alternative_total_outlets": 36}, {"rank": 5, "alternative_slug": "jung-kwan-jang", "alternative_name": "Jung Kwan Jang", "same_sub_category": 1, "alternative_investment_low_usd": 111000, "investment_gap_usd": 8100, "alternative_total_outlets": 37}, {"rank": 6, "alternative_slug": "everything-christmas", "alternative_name": "Everything Christmas", "same_sub_category": 1, "alternative_investment_low_usd": 112600, "investment_gap_usd": 9700, "alternative_total_outlets": 15}, {"rank": 7, "alternative_slug": "good-games", "alternative_name": "Good Games", "same_sub_category": 1, "alternative_investment_low_usd": 114250, "investment_gap_usd": 11350, "alternative_total_outlets": null}, {"rank": 8, "alternative_slug": "fast-fix-jewelry-and-watch-repairs", "alternative_name": "Fast-FIX Jewelry and Watch Repairs", "same_sub_category": 1, "alternative_investment_low_usd": 114700, "investment_gap_usd": 11800, "alternative_total_outlets": 130}, {"rank": 9, "alternative_slug": "cbd-american-shaman", "alternative_name": "CBD American Shaman", "same_sub_category": 1, "alternative_investment_low_usd": 88100, "investment_gap_usd": 14800, "alternative_total_outlets": 288}, {"rank": 10, "alternative_slug": "fauxreal-flowers", "alternative_name": "FauxReal Flowers", "same_sub_category": 1, "alternative_investment_low_usd": 78500, "investment_gap_usd": 24400, "alternative_total_outlets": 5}], "peer_ranks": [{"metric": "inv_low", "value": 102900, "rank": 16, "peers": 72, "peer_median": 170207.5, "rank_order": "lowest first", "peer_group": "Specialty Retail"}, {"metric": "fee_low", "value": 50000, "rank": 66, "peers": 71, "peer_median": 29500, "rank_order": "lowest first", "peer_group": "Specialty Retail"}, {"metric": "royalty", "value": 4, "rank": 10, "peers": 61, "peer_median": 5, "rank_order": "lowest first", "peer_group": "Specialty Retail"}, {"metric": "allin", "value": 4, "rank": 2, "peers": 61, "peer_median": 7, "rank_order": "lowest first", "peer_group": "Specialty Retail"}, {"metric": "outlets", "value": 45, "rank": 35, "peers": 70, "peer_median": 44.0, "rank_order": "highest first", "peer_group": "Specialty Retail"}, {"metric": "growth", "value": -22.4, "rank": 41, "peers": 44, "peer_median": -2.95, "rank_order": "highest first", "peer_group": "Specialty Retail"}, {"metric": "closure", "value": 7.7, "rank": 28, "peers": 40, "peer_median": 5.0, "rank_order": "lowest first", "peer_group": "Specialty Retail"}], "value_ratios": {"comparable_annual_revenue_usd": 290315, "investment_midpoint_usd": 182450, "revenue_to_investment": 1.59, "royalty_pct": 4, "revenue_per_royalty_point_usd": 72579}, "closure_by_year": [{"year": 2021, "franchised_outlets_start": 57, "closures": 0, "closures_not_itemized": 0, "closure_rate_pct": 0.0}, {"year": 2022, "franchised_outlets_start": 57, "closures": 1, "closures_not_itemized": 0, "closure_rate_pct": 1.8}, {"year": 2023, "franchised_outlets_start": 55, "closures": 12, "closures_not_itemized": 0, "closure_rate_pct": 21.8}]} +{"brand_slug": "cd-one-price-cleaners", "brand_name": "CD ONE Price Cleaners", "legal_name": "CLEANERS DEPOT FRANCHISE, LLC", "industry": "dry-cleaning", "industry_label": "Dry Cleaning", "sub_category": null, "fdd_year": 2024, "fdd_filing_state": "MN", "fdd_effective_date": "2024-05-22", "fdd_source_url": "https://www.cards.commerce.state.mn.us/CARDS/", "franchisedepth_url": "https://franchisedepth.com/franchise/cd-one-price-cleaners/", "hand_checked": 1, "corrections_logged": 12, "older_fdd": 0, "edition_note": null, "fees": {"initial_fee_low_usd": 6000, "initial_fee_high_usd": 30000, "royalty_pct": 6.5, "royalty_min_monthly_usd": null, "marketing_fee_pct": 3, "marketing_min_monthly_usd": null, "tech_fee_monthly_usd": null, "total_investment_low_usd": 903225, "total_investment_high_usd": 1351850, "liquid_capital_usd": null, "net_worth_usd": null}, "fee_notes": {"fee_notes": "Plant Store: $30,000. Satellite Store: $12,500 standard, $6,000 if signed in 2024 and opened by Dec 31, 2024 (Satellite Store Incentive Program). Qualified veterans: $0. Legacy Plant Store Renewal: $0. Development Rights Agreement: $5,000 per store (credited toward franchise fee). New Plant Stores must offer pickup and delivery (PUD) Services under the PUD Addendum. It adds a Technology Fee of 5% of Gross PUD Revenues, currently paid to affiliate COW. It also adds Marketing Fund contributions of 3.5% (Customer Acquisition) and 2% (Customer Development and Retention) of Gross PUD Revenues. The royalty and 3% Marketing Fund also apply to PUD revenue."}, "item19_figures": [{"metric": "gross_sales", "metric_label": "Gross Revenue", "cohort": "performance_anchored", "cohort_label": "Top Third Plant Stores (by 2023 Gross Revenue)", "outlet_count": 11, "period": "2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023)", "year": 2023, "unit_period": "annual", "scope": null, "avg_value": 1367307, "median_value": 1232941, "min_value": 1115602, "max_value": 2306859, "fdd_page": 63}, {"metric": "gross_sales", "metric_label": "Gross Revenue", "cohort": "performance_anchored", "cohort_label": "Middle Third Plant Stores (by 2023 Gross Revenue)", "outlet_count": 12, "period": "2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023)", "year": 2023, "unit_period": "annual", "scope": null, "avg_value": 1031729, "median_value": 1075802, "min_value": 911824, "max_value": 1114301, "fdd_page": 63}, {"metric": "gross_sales", "metric_label": "Gross Revenue", "cohort": "performance_anchored", "cohort_label": "Bottom Third Plant Stores (by 2023 Gross Revenue)", "outlet_count": 11, "period": "2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023)", "year": 2023, "unit_period": "annual", "scope": null, "avg_value": 780958, "median_value": 789735, "min_value": 677702, "max_value": 888244, "fdd_page": 63}, {"metric": "gross_sales", "metric_label": "Gross Revenue", "cohort": "all_franchised", "cohort_label": "All 34 Revenue Reporting Plant Stores", "outlet_count": 34, "period": "2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023)", "year": 2023, "unit_period": "annual", "scope": null, "avg_value": 1059167, "median_value": 1075802, "min_value": 677702, "max_value": 2306859, "fdd_page": 63}, {"metric": "gross_sales", "metric_label": "Gross Revenue", "cohort": "all_franchised", "cohort_label": "All 4 Revenue Reporting Satellite Stores", "outlet_count": 4, "period": "2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023)", "year": 2023, "unit_period": "annual", "scope": null, "avg_value": 376749, "median_value": 407712, "min_value": 260525, "max_value": 431047, "fdd_page": 63}, {"metric": "occupancy_pct", "metric_label": "Occupancy Costs (as % of Gross Revenue)", "cohort": "all_franchised", "cohort_label": "Cost Reporting Stores (32 stores: 28 Plant, 4 Satellite)", "outlet_count": 32, "period": "2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023)", "year": 2023, "unit_period": null, "scope": null, "avg_value": 11.7, "median_value": 12, "min_value": null, "max_value": null, "fdd_page": 64}, {"metric": "labor_pct", "metric_label": "Labor Costs (as % of Gross Revenue)", "cohort": "all_franchised", "cohort_label": "Cost Reporting Stores (32 stores)", "outlet_count": 32, "period": "2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023)", "year": 2023, "unit_period": null, "scope": null, "avg_value": 37.5, "median_value": 38.6, "min_value": null, "max_value": null, "fdd_page": 64}, {"metric": "other", "metric_label": "Production Supplies Costs (as % of Gross Revenue)", "cohort": "all_franchised", "cohort_label": "Cost Reporting Stores (32 stores)", "outlet_count": 32, "period": "2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023)", "year": 2023, "unit_period": null, "scope": null, "avg_value": 8.2, "median_value": 7.8, "min_value": null, "max_value": null, "fdd_page": 64}, {"metric": "other", "metric_label": "Electricity Costs (as % of Gross Revenue)", "cohort": "all_franchised", "cohort_label": "Cost Reporting Stores (32 stores)", "outlet_count": 32, "period": "2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023)", "year": 2023, "unit_period": null, "scope": null, "avg_value": 1.6, "median_value": 1.5, "min_value": null, "max_value": null, "fdd_page": 64}, {"metric": "other", "metric_label": "Natural Gas Costs (as % of Gross Revenue)", "cohort": "all_franchised", "cohort_label": "Cost Reporting Stores (32 stores)", "outlet_count": 32, "period": "2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023)", "year": 2023, "unit_period": null, "scope": null, "avg_value": 1.6, "median_value": 1.4, "min_value": null, "max_value": null, "fdd_page": 64}], "comparable_revenue": {"annual_revenue_usd": 1075802.0, "basis": "median, All 34 Revenue Reporting Plant Stores (34 outlets)", "rule": "Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded."}, "outlets_by_year": [{"year": 2021, "outlet_type": "company-owned", "outlets_start": 1, "outlets_end": 1}, {"year": 2021, "outlet_type": "franchised", "outlets_start": 35, "outlets_end": 36}, {"year": 2021, "outlet_type": "total", "outlets_start": 36, "outlets_end": 37}, {"year": 2022, "outlet_type": "company-owned", "outlets_start": 1, "outlets_end": 0}, {"year": 2022, "outlet_type": "franchised", "outlets_start": 36, "outlets_end": 38}, {"year": 2022, "outlet_type": "total", "outlets_start": 37, "outlets_end": 38}, {"year": 2023, "outlet_type": "company-owned", "outlets_start": 0, "outlets_end": 0}, {"year": 2023, "outlet_type": "franchised", "outlets_start": 38, "outlets_end": 40}, {"year": 2023, "outlet_type": "total", "outlets_start": 38, "outlets_end": 40}], "turnover_by_year": [{"year": 2021, "outlets_start": 35, "opened": 1, "terminated": 0, "non_renewed": 0, "reacquired": 0, "ceased_other": 0, "transferred": 2, "outlets_end": 36}, {"year": 2022, "outlets_start": 36, "opened": 2, "terminated": 0, "non_renewed": 0, "reacquired": 0, "ceased_other": 0, "transferred": 2, "outlets_end": 38}, {"year": 2023, "outlets_start": 38, "opened": 2, "terminated": 0, "non_renewed": 0, "reacquired": 0, "ceased_other": 0, "transferred": 4, "outlets_end": 40}], "outlets_by_state": [{"year": 2021, "state": "IL", "outlets_end": 34}, {"year": 2021, "state": "IN", "outlets_end": 1}, {"year": 2021, "state": "MN", "outlets_end": 0}, {"year": 2021, "state": "MO", "outlets_end": 1}, {"year": 2022, "state": "IL", "outlets_end": 35}, {"year": 2022, "state": "IN", "outlets_end": 1}, {"year": 2022, "state": "MN", "outlets_end": 1}, {"year": 2022, "state": "MO", "outlets_end": 1}, {"year": 2023, "state": "IL", "outlets_end": 37}, {"year": 2023, "state": "IN", "outlets_end": 1}, {"year": 2023, "state": "MN", "outlets_end": 1}, {"year": 2023, "state": "MO", "outlets_end": 1}], "agreement_terms": null, "brand_metrics": {"total_outlets": 40, "franchised_outlets": 40, "company_outlets": 0, "states_count": 4, "closure_rate_pct": 0.0, "closures": 0, "closures_not_itemized": 0, "reacquired": 0, "franchised_outlet_years": 109, "closure_year_from": 2021, "closure_year_to": 2023, "closure_ranking_eligible": 1, "closure_note": null, "growth_pct": 8.1, "growth_outlets_from": 37, "growth_outlets_to": 40, "growth_year_from": 2021, "growth_year_to": 2023, "growth_ranking_eligible": 1, "all_in_fee_pct": 9.5, "all_in_basis": "royalty + marketing fund"}, "alternatives": [{"rank": 1, "alternative_slug": "zips-cleaners", "alternative_name": "ZIPS Cleaners", "same_sub_category": 0, "alternative_investment_low_usd": 867700, "investment_gap_usd": 35525, "alternative_total_outlets": 72}, {"rank": 2, "alternative_slug": "laundrolab", "alternative_name": "LaundroLab", "same_sub_category": 0, "alternative_investment_low_usd": 1182500, "investment_gap_usd": 279275, "alternative_total_outlets": 12}, {"rank": 3, "alternative_slug": "speed-queen", "alternative_name": "Speed Queen", "same_sub_category": 0, "alternative_investment_low_usd": 1199663, "investment_gap_usd": 296438, "alternative_total_outlets": 32}, {"rank": 4, "alternative_slug": "laundry-spot", "alternative_name": "Laundry Spot", "same_sub_category": 0, "alternative_investment_low_usd": 1268500, "investment_gap_usd": 365275, "alternative_total_outlets": 4}, {"rank": 5, "alternative_slug": "martinizing", "alternative_name": "Martinizing", "same_sub_category": 0, "alternative_investment_low_usd": 426748, "investment_gap_usd": 476477, "alternative_total_outlets": null}, {"rank": 6, "alternative_slug": "door-to-door-laundry", "alternative_name": "Door to Door Laundry", "same_sub_category": 0, "alternative_investment_low_usd": 393783, "investment_gap_usd": 509442, "alternative_total_outlets": 1}, {"rank": 7, "alternative_slug": "wavemax-laundry", "alternative_name": "WaveMAX Laundry", "same_sub_category": 0, "alternative_investment_low_usd": 359105, "investment_gap_usd": 544120, "alternative_total_outlets": 66}, {"rank": 8, "alternative_slug": "mulberrys-garment-care", "alternative_name": "Mulberrys Garment Care", "same_sub_category": 0, "alternative_investment_low_usd": 353500, "investment_gap_usd": 549725, "alternative_total_outlets": 13}, {"rank": 9, "alternative_slug": "tide-laundromat", "alternative_name": "Tide Laundromat", "same_sub_category": 0, "alternative_investment_low_usd": 1751885, "investment_gap_usd": 848660, "alternative_total_outlets": 8}, {"rank": 10, "alternative_slug": "bubbly", "alternative_name": "Bubbly", "same_sub_category": 0, "alternative_investment_low_usd": 47585, "investment_gap_usd": 855640, "alternative_total_outlets": 3}], "peer_ranks": [{"metric": "inv_low", "value": 903225, "rank": 8, "peers": 12, "peer_median": 647224.0, "rank_order": "lowest first", "peer_group": "Dry Cleaning"}, {"metric": "fee_low", "value": 6000, "rank": 1, "peers": 11, "peer_median": 20000, "rank_order": "lowest first", "peer_group": "Dry Cleaning"}, {"metric": "royalty", "value": 6.5, "rank": 11, "peers": 12, "peer_median": 6.0, "rank_order": "lowest first", "peer_group": "Dry Cleaning"}, {"metric": "allin", "value": 9.5, "rank": 10, "peers": 12, "peer_median": 7.5, "rank_order": "lowest first", "peer_group": "Dry Cleaning"}, {"metric": "outlets", "value": 40, "rank": 4, "peers": 11, "peer_median": 13, "rank_order": "highest first", "peer_group": "Dry Cleaning"}], "value_ratios": {"comparable_annual_revenue_usd": 1075802, "investment_midpoint_usd": 1127537, "revenue_to_investment": 0.95, "royalty_pct": 6.5, "revenue_per_royalty_point_usd": 165508}, "closure_by_year": [{"year": 2021, "franchised_outlets_start": 35, "closures": 0, "closures_not_itemized": 0, "closure_rate_pct": 0.0}, {"year": 2022, "franchised_outlets_start": 36, "closures": 0, "closures_not_itemized": 0, "closure_rate_pct": 0.0}, {"year": 2023, "franchised_outlets_start": 38, "closures": 0, "closures_not_itemized": 0, "closure_rate_pct": 0.0}]} +{"brand_slug": "complete-weddings-events", "brand_name": "Complete Weddings + Events", "legal_name": "Complete Music, Inc.", "industry": "entertainment-recreation", "industry_label": "Entertainment & Recreation", "sub_category": null, "fdd_year": 2026, "fdd_filing_state": "MN", "fdd_effective_date": "2026-04-21", "fdd_source_url": "https://www.cards.commerce.state.mn.us/CARDS/", "franchisedepth_url": "https://franchisedepth.com/franchise/complete-weddings-events/", "hand_checked": 1, "corrections_logged": 7, "older_fdd": 0, "edition_note": null, "fees": {"initial_fee_low_usd": 15000, "initial_fee_high_usd": 50000, "royalty_pct": 8, "royalty_min_monthly_usd": null, "marketing_fee_pct": 2, "marketing_min_monthly_usd": null, "tech_fee_monthly_usd": 623, "total_investment_low_usd": 68800, "total_investment_high_usd": 80750, "liquid_capital_usd": null, "net_worth_usd": null}, "fee_notes": {"fee_notes": "Standard fee $50,000. Incentive program (by 3/31/2027): Option 1: $40,000 initial + 8% royalty; Option 2: $15,000 initial + 13% royalty until $800k cumulative receipts, then 8%. Failure to open triggers additional payments ($10k or $35k depending on option). Website, CRM and Technology Support Fee is currently $83 per week (capped at $300 per week) and Computer System Maintenance, Hosting and Licensing Fee is currently $55 per week, together $598 per month at 52/12; the Venue Website fee of $300 per year adds $25 per month. Participation in the National Sales Program is required: currently $100 per week (about $433 per month at 52/12) plus commissions of $65 per service sold, or 10% of the total booking if under $650; the weekly fee may rise to $250. Local advertising spend of 4% of Gross Receipts is required, and the Google Ads Program minimum of $87.50 per week ($37.50 of it a management fee) counts toward it."}, "item19_figures": [{"metric": "gross_sales", "metric_label": "Gross Receipts", "cohort": "all_franchised", "cohort_label": "Franchised businesses open the full 2025 calendar year (70 of 81; 7 opened in 2025 and 4 transferred excluded)", "outlet_count": 70, "period": "Calendar Year 2025", "year": 2025, "unit_period": "annual", "scope": "franchisee", "avg_value": 322160.76, "median_value": 208376.66, "min_value": 21119, "max_value": 2393115.6, "fdd_page": 33}, {"metric": "gross_sales", "metric_label": "Gross Receipts", "cohort": "performance_anchored", "cohort_label": "Top Third of the 70 franchised businesses by 2025 Gross Receipts", "outlet_count": 23, "period": "Calendar Year 2025", "year": 2025, "unit_period": "annual", "scope": "franchisee", "avg_value": 645897.24, "median_value": 485160, "min_value": 328666.27, 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VetFran® qualified veterans receive $5,000 discount ($64,900). Additional training fee: $10,000 per additional/substitute owner; $5,000 if spouse or immediate family member. Minimum Royalty Fee $1,051.65 per month for the first 36 months, then $1,314.56 per month for the rest of the initial term. Technology Fee $142.50 per month for the first 18 months, then $285 per month. 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11}, {"year": 2025, "state": "CT", "outlets_end": 10}, {"year": 2025, "state": "FL", "outlets_end": 16}, {"year": 2025, "state": "GA", "outlets_end": 6}, {"year": 2025, "state": "IA", "outlets_end": 8}, {"year": 2025, "state": "IL", "outlets_end": 9}, {"year": 2025, "state": "IN", "outlets_end": 1}, {"year": 2025, "state": "KY", "outlets_end": 6}, {"year": 2025, "state": "MA", "outlets_end": 1}, {"year": 2025, "state": "MD", "outlets_end": 12}, {"year": 2025, "state": "MI", "outlets_end": 4}, {"year": 2025, "state": "MO", "outlets_end": 5}, {"year": 2025, "state": "MS", "outlets_end": 1}, {"year": 2025, "state": "NC", "outlets_end": 15}, {"year": 2025, "state": "NH", "outlets_end": 1}, {"year": 2025, "state": "NJ", "outlets_end": 9}, {"year": 2025, "state": "NY", "outlets_end": 4}, {"year": 2025, "state": "OH", "outlets_end": 3}, {"year": 2025, "state": "OK", "outlets_end": 1}, {"year": 2025, "state": "PA", "outlets_end": 10}, {"year": 2025, "state": "TX", "outlets_end": 26}, {"year": 2025, "state": "VA", "outlets_end": 3}, {"year": 2025, "state": "WA", "outlets_end": 8}], "agreement_terms": null, "brand_metrics": {"total_outlets": 196, "franchised_outlets": 196, "company_outlets": 0, "states_count": 25, "closure_rate_pct": 7.7, "closures": 34, "closures_not_itemized": 0, "reacquired": 2, "franchised_outlet_years": 441, "closure_year_from": 2023, "closure_year_to": 2025, "closure_ranking_eligible": 1, "closure_note": null, "growth_pct": 34.2, "growth_outlets_from": 146, "growth_outlets_to": 196, "growth_year_from": 2023, "growth_year_to": 2025, "growth_ranking_eligible": 1, "all_in_fee_pct": 18, "all_in_basis": "royalty + marketing fund"}, "alternatives": [{"rank": 1, "alternative_slug": "complete-mobile-drug-testing", "alternative_name": "Complete Mobile Drug Testing", "same_sub_category": 0, "alternative_investment_low_usd": 72350, "investment_gap_usd": 3650, "alternative_total_outlets": 1}, {"rank": 2, "alternative_slug": "gasket-guy", "alternative_name": "Gasket 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"alternative_slug": "inxpress", "alternative_name": "InXpress", "same_sub_category": 0, "alternative_investment_low_usd": 86900, "investment_gap_usd": 10900, "alternative_total_outlets": 77}, {"rank": 8, "alternative_slug": "money-mailer", "alternative_name": "Money Mailer", "same_sub_category": 0, "alternative_investment_low_usd": 64630, "investment_gap_usd": 11370, "alternative_total_outlets": 136}, {"rank": 9, "alternative_slug": "runningboards-marketing", "alternative_name": "Runningboards Marketing", "same_sub_category": 0, "alternative_investment_low_usd": 87400, "investment_gap_usd": 11400, "alternative_total_outlets": 14}, {"rank": 10, "alternative_slug": "our-town-america", "alternative_name": "Our Town America", "same_sub_category": 0, "alternative_investment_low_usd": 64399, "investment_gap_usd": 11601, "alternative_total_outlets": 50}], "peer_ranks": [{"metric": "inv_low", "value": 76000, "rank": 35, "peers": 70, "peer_median": 78025.0, "rank_order": "lowest first", "peer_group": "B2B Supplies"}, {"metric": "fee_low", "value": 64900, "rank": 61, "peers": 65, "peer_median": 35900, "rank_order": "lowest first", "peer_group": "B2B Supplies"}, {"metric": "royalty", "value": 15, "rank": 41, "peers": 47, "peer_median": 7, "rank_order": "lowest first", "peer_group": "B2B Supplies"}, {"metric": "allin", "value": 18, "rank": 44, "peers": 47, "peer_median": 7.5, "rank_order": "lowest first", "peer_group": "B2B Supplies"}, {"metric": "outlets", "value": 196, "rank": 14, "peers": 68, "peer_median": 41.5, "rank_order": "highest first", "peer_group": "B2B Supplies"}, {"metric": "growth", "value": 34.2, "rank": 3, "peers": 44, "peer_median": 0.0, "rank_order": "highest first", "peer_group": "B2B Supplies"}, {"metric": "closure", "value": 7.7, "rank": 23, "peers": 40, "peer_median": 6.55, "rank_order": "lowest first", "peer_group": "B2B Supplies"}], "value_ratios": {"comparable_annual_revenue_usd": 268982, "investment_midpoint_usd": 90950, "revenue_to_investment": 2.96, "royalty_pct": 15, "revenue_per_royalty_point_usd": 17932}, "closure_by_year": [{"year": 2023, "franchised_outlets_start": 136, "closures": 13, "closures_not_itemized": 0, "closure_rate_pct": 9.6}, {"year": 2024, "franchised_outlets_start": 144, "closures": 13, "closures_not_itemized": 0, "closure_rate_pct": 9.0}, {"year": 2025, "franchised_outlets_start": 161, "closures": 8, "closures_not_itemized": 0, "closure_rate_pct": 5.0}]} +{"brand_slug": "gymguyz", "brand_name": "Gymguyz", "legal_name": "GYMGUYZ Franchising LLC", "industry": "fitness-wellness", "industry_label": "Fitness & Wellness", "sub_category": "Boutique Group Fitness", "fdd_year": 2025, "fdd_filing_state": "MN", "fdd_effective_date": "2025-02-25", "fdd_source_url": "https://www.cards.commerce.state.mn.us/CARDS/", "franchisedepth_url": "https://franchisedepth.com/franchise/gymguyz/", "hand_checked": 1, "corrections_logged": 8, "older_fdd": 0, "edition_note": null, "fees": {"initial_fee_low_usd": 49500, "initial_fee_high_usd": 49500, "royalty_pct": 7, "royalty_min_monthly_usd": 650, "marketing_fee_pct": 2, "marketing_min_monthly_usd": 87, "tech_fee_monthly_usd": 643, "total_investment_low_usd": 92100, "total_investment_high_usd": 174000, "liquid_capital_usd": null, "net_worth_usd": null}, "fee_notes": {"fee_notes": "Base fee for 30,000-household territory. Additional $1.50/household for territories exceeding 30,000 (capped at 15,000 additional households). Discounts: $5,000 off for 2nd/3rd franchises or honorably discharged veterans (non-stackable). Excludes $11,500–$31,500 initial marketing fund and $0–$2,500 launch fund fee. Technology fee shown totals the $50 per two-week Technology Fee for a single unit (about $108 per month), the $375 per month POS System Fee (Mindbody), the $125 per month Microsite Fee (not to exceed $200 per microsite) and the $35 per month Hiring Platform Fee (plus tax), all paid to the franchisor. Search Engine Optimization Fee is $318 per month, paid to the franchisor. Telemarketing Fee is $299 per month, paid to the franchisor. VOIP Fee is $69 per month per line, paid to the franchisor. Social Media Posting Platform fee is currently $35 to $50 per month, not to exceed $100. The GYMGUYZ Training Application ($90 per month) is optional."}, "item19_figures": [{"metric": "gross_sales", "metric_label": "Gross Sales", "cohort": "all_company_owned", "cohort_label": "Affiliate Owned Locations (3 units, Long Island, NY)", "outlet_count": 3, "period": "2024", "year": 2024, "unit_period": "annual", "scope": "company-owned", "avg_value": 409731.67, "median_value": null, "min_value": null, "max_value": null, "fdd_page": 44}, {"metric": "gross_profit", "metric_label": "Gross Profit Less Disclosed Expenses", "cohort": "all_company_owned", "cohort_label": "Affiliate Owned Locations (3 units, Long Island, NY)", "outlet_count": 3, "period": "2024", "year": 2024, "unit_period": "annual", "scope": "company-owned", "avg_value": 193891.33, "median_value": null, "min_value": null, "max_value": null, "fdd_page": 45}, {"metric": "net_profit", "metric_label": "Gross Profit Less Disclosed Expenses / Franchisee Related Expenses", "cohort": "all_company_owned", "cohort_label": "Affiliate Owned Locations (3 units, Long Island, NY)", "outlet_count": 3, "period": "2024", "year": 2024, "unit_period": "annual", "scope": "company-owned", "avg_value": 160712.67, "median_value": null, "min_value": null, "max_value": null, "fdd_page": 45}, {"metric": "gross_sales", "metric_label": "Gross Sales", "cohort": "all_company_owned", "cohort_label": "Affiliate Owned Locations (3 units, Long Island, NY)", "outlet_count": 3, "period": "2023", "year": 2023, "unit_period": "annual", "scope": "company-owned", "avg_value": 296284.67, "median_value": null, "min_value": null, "max_value": null, "fdd_page": 44}, {"metric": "gross_sales", "metric_label": "Gross Sales", "cohort": "all_franchised", "cohort_label": "85 franchised outlets", "outlet_count": 85, "period": null, "year": 2024, "unit_period": "annual", "scope": null, "avg_value": 106507.4, "median_value": 130644, "min_value": 0, "max_value": 835964, "fdd_page": null}, {"metric": "gross_sales", "metric_label": "Average Gross 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"company-owned", "avg_value": 130489.33, "median_value": null, "min_value": null, "max_value": null, "fdd_page": 45}], "comparable_revenue": {"annual_revenue_usd": 130644.0, "basis": "median, 85 franchised outlets (85 outlets)", "rule": "Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded."}, "outlets_by_year": [{"year": 2022, "outlet_type": "company-owned", "outlets_start": 2, "outlets_end": 2}, {"year": 2022, "outlet_type": "franchised", "outlets_start": 95, "outlets_end": 97}, {"year": 2022, "outlet_type": "total", "outlets_start": 97, "outlets_end": 99}, {"year": 2023, "outlet_type": "company-owned", "outlets_start": 2, "outlets_end": 2}, {"year": 2023, "outlet_type": "franchised", "outlets_start": 97, "outlets_end": 119}, {"year": 2023, "outlet_type": "total", "outlets_start": 99, "outlets_end": 121}, {"year": 2024, "outlet_type": "company-owned", "outlets_start": 2, "outlets_end": 16}, {"year": 2024, "outlet_type": "franchised", "outlets_start": 119, "outlets_end": 116}, {"year": 2024, "outlet_type": "total", "outlets_start": 121, "outlets_end": 130}], "turnover_by_year": [{"year": 2022, "outlets_start": 95, "opened": 15, "terminated": 0, "non_renewed": 0, "reacquired": 0, "ceased_other": 13, "transferred": 3, "outlets_end": 97}, {"year": 2023, "outlets_start": 97, "opened": 26, "terminated": 0, "non_renewed": 0, "reacquired": 0, "ceased_other": 4, "transferred": 6, "outlets_end": 119}, {"year": 2024, "outlets_start": 119, "opened": 30, "terminated": 13, "non_renewed": 0, "reacquired": 14, "ceased_other": 6, "transferred": 3, "outlets_end": 116}], "outlets_by_state": [{"year": 2022, "state": "AZ", "outlets_end": 1}, {"year": 2022, "state": "CA", "outlets_end": 6}, {"year": 2022, "state": "CO", "outlets_end": 1}, {"year": 2022, "state": "CT", "outlets_end": 1}, {"year": 2022, "state": "FL", "outlets_end": 11}, {"year": 2022, 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{"year": 2024, "state": "AZ", "outlets_end": 4}, {"year": 2024, "state": "CA", "outlets_end": 10}, {"year": 2024, "state": "CO", "outlets_end": 2}, {"year": 2024, "state": "CT", "outlets_end": 4}, {"year": 2024, "state": "FL", "outlets_end": 7}, {"year": 2024, "state": "HI", "outlets_end": 1}, {"year": 2024, "state": "IA", "outlets_end": 2}, {"year": 2024, "state": "ID", "outlets_end": 1}, {"year": 2024, "state": "IL", "outlets_end": 6}, {"year": 2024, "state": "IN", "outlets_end": 0}, {"year": 2024, "state": "KY", "outlets_end": 3}, {"year": 2024, "state": "LA", "outlets_end": 0}, {"year": 2024, "state": "MD", "outlets_end": 2}, {"year": 2024, "state": "MO", "outlets_end": 2}, {"year": 2024, "state": "NC", "outlets_end": 6}, {"year": 2024, "state": "NJ", "outlets_end": 24}, {"year": 2024, "state": "NY", "outlets_end": 12}, {"year": 2024, "state": "OH", "outlets_end": 5}, {"year": 2024, "state": "OR", "outlets_end": 2}, {"year": 2024, "state": "PA", "outlets_end": 7}, {"year": 2024, 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"alternative_slug": "special-strong", "alternative_name": "Special Strong", "same_sub_category": 1, "alternative_investment_low_usd": 89750, "investment_gap_usd": 2350, "alternative_total_outlets": 21}, {"rank": 3, "alternative_slug": "servicerx", "alternative_name": "ServiceRX", "same_sub_category": 1, "alternative_investment_low_usd": 64175, "investment_gap_usd": 27925, "alternative_total_outlets": 1}, {"rank": 4, "alternative_slug": "club-ko", "alternative_name": "Club KO", "same_sub_category": 1, "alternative_investment_low_usd": 127962, "investment_gap_usd": 35862, "alternative_total_outlets": 65}, {"rank": 5, "alternative_slug": "a-e-s-fitness", "alternative_name": "A.E.S. 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In 2025 a conversion program waived fees for select conversions so fees ranged $0-$49,500. Area development minimum 3-spa package total $103,500 standard ($34,500/spa)."}, "item19_figures": [{"metric": "gross_sales", "metric_label": "Average Gross Sales — Corporate Spas Total", "cohort": "all_company_owned", "cohort_label": "15 Corporate Spas open 12 months or more, Calendar Year 2025", "outlet_count": 15, "period": "2025 calendar year", "year": 2025, "unit_period": "annual", "scope": "franchisee", "avg_value": 2281726, "median_value": 2407611, "min_value": 1197779, "max_value": 3259296, "fdd_page": null}, {"metric": "gross_sales", "metric_label": "Average Gross Sales — Corporate Spas Top 25%", "cohort": "performance_anchored", "cohort_label": "Top 25% of 15 Corporate Spas, Calendar Year 2025", "outlet_count": 4, "period": "2025 calendar year", "year": 2025, "unit_period": "annual", "scope": "franchisee", "avg_value": 3033222, "median_value": 3087976, "min_value": 2697639, "max_value": 3259296, "fdd_page": null}, {"metric": "gross_sales", "metric_label": "Average Gross Sales 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2025, "state": "TN", "outlets_end": 32}, {"year": 2025, "state": "TX", "outlets_end": 156}, {"year": 2025, "state": "UT", "outlets_end": 14}, {"year": 2025, "state": "VA", "outlets_end": 50}, {"year": 2025, "state": "VT", "outlets_end": 2}, {"year": 2025, "state": "WA", "outlets_end": 23}, {"year": 2025, "state": "WI", "outlets_end": 12}, {"year": 2025, "state": "WV", "outlets_end": 15}, {"year": 2025, "state": "WY", "outlets_end": 2}], "agreement_terms": {"term_years": 5, "renewal_count": null, "renewal_term_years": 5, "renewal_fee": "There is no fee for renewal but you must sign a general release of claims (Ex. 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"alternative_total_outlets": 249}, {"rank": 10, "alternative_slug": "brightway-insurance", "alternative_name": "Brightway Insurance", "same_sub_category": 0, "alternative_investment_low_usd": 43425, "investment_gap_usd": 6275, "alternative_total_outlets": 354}], "peer_ranks": [{"metric": "inv_low", "value": 49700, "rank": 18, "peers": 52, "peer_median": 59350.0, "rank_order": "lowest first", "peer_group": "Tax & Financial"}, {"metric": "fee_low", "value": 25000, "rank": 17, "peers": 51, "peer_median": 29500, "rank_order": "lowest first", "peer_group": "Tax & Financial"}, {"metric": "royalty", "value": 14, "rank": 22, "peers": 34, "peer_median": 10.0, "rank_order": "lowest first", "peer_group": "Tax & Financial"}, {"metric": "allin", "value": 19, "rank": 26, "peers": 34, "peer_median": 12.0, "rank_order": "lowest first", "peer_group": "Tax & Financial"}, {"metric": "outlets", "value": 1663, "rank": 4, "peers": 52, "peer_median": 78.0, "rank_order": "highest first", "peer_group": "Tax & Financial"}, {"metric": "growth", "value": -11.8, "rank": 32, "peers": 38, "peer_median": -1.15, "rank_order": "highest first", "peer_group": "Tax & Financial"}, {"metric": "closure", "value": 8.7, "rank": 24, "peers": 36, "peer_median": 6.15, "rank_order": "lowest first", "peer_group": "Tax & Financial"}], "value_ratios": {"comparable_annual_revenue_usd": 139486, "investment_midpoint_usd": 60550, "revenue_to_investment": null, "royalty_pct": 14, "revenue_per_royalty_point_usd": 9963}, "closure_by_year": [{"year": 2023, "franchised_outlets_start": 1991, "closures": 201, "closures_not_itemized": 0, "closure_rate_pct": 10.1}, {"year": 2024, "franchised_outlets_start": 1813, "closures": 149, "closures_not_itemized": 0, "closure_rate_pct": 8.2}, {"year": 2025, "franchised_outlets_start": 1686, "closures": 128, "closures_not_itemized": 0, "closure_rate_pct": 7.6}]} +{"brand_slug": "mathnasium", "brand_name": "Mathnasium", "legal_name": "Mathnasium Franchisor LLC", "industry": "education", "industry_label": "Education", "sub_category": "Academic Tutoring", "fdd_year": 2026, "fdd_filing_state": "WI", "fdd_effective_date": "2026-04-30", "fdd_source_url": "https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=641614&hash=1383796229&search=external&type=GENERAL", "franchisedepth_url": "https://franchisedepth.com/franchise/mathnasium/", "hand_checked": 1, "corrections_logged": 13, "older_fdd": 0, "edition_note": null, "fees": {"initial_fee_low_usd": 49000, "initial_fee_high_usd": 49000, "royalty_pct": 10, "royalty_min_monthly_usd": 1500, "marketing_fee_pct": 2, "marketing_min_monthly_usd": null, "tech_fee_monthly_usd": 266, "total_investment_low_usd": 127316, "total_investment_high_usd": 165846, "liquid_capital_usd": null, "net_worth_usd": null}, "fee_notes": {"fee_notes": "Standard first-franchise fee $49,000; additional franchise or Center Director discount $26,500; transferee fee $7,000 (may be waived); veteran/educator discount 25% off first-center fee; development fee $75,500-$129,000 for 2-5 centers credited toward franchise fees. In 2025, fees paid ranged $0-$49,000. Royalty is 10% of monthly Gross Receipts; beginning in the 24th month of operation it is the greater of 10% or $1,500 per month. A Base Royalty of $650 per month is also payable, beginning 6 months after signing. Monthly Marketing Fee is $250 plus 2% of monthly Gross Receipts. 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"max_value": 1511770, "fdd_page": 60}, {"metric": "gross_sales", "metric_label": "Annual Gross Receipts", "cohort": "performance_anchored", "cohort_label": "Mid-Upper 1/4 of 914 franchised Mathnasium Centers open 12+ months", "outlet_count": 228, "period": "January 1 - December 31, 2025", "year": 2025, "unit_period": "annual", "scope": "franchisee", "avg_value": 391418, "median_value": 391156, "min_value": 326710, "max_value": 466924, "fdd_page": 60}, {"metric": "gross_sales", "metric_label": "Annual Gross Receipts", "cohort": "performance_anchored", "cohort_label": "Mid-Lower 1/4 of 914 franchised Mathnasium Centers open 12+ months", "outlet_count": 228, "period": "January 1 - December 31, 2025", "year": 2025, "unit_period": "annual", "scope": "franchisee", "avg_value": 278021, "median_value": 274816, "min_value": 235325, "max_value": 326146, "fdd_page": 60}, {"metric": "gross_sales", "metric_label": "Annual Gross Receipts", "cohort": "performance_anchored", "cohort_label": "Bottom 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2025, "unit_period": "annual", "scope": "franchisee", "avg_value": 373107, "median_value": 318865, "min_value": 90745, "max_value": 1335332, "fdd_page": 64}, {"metric": "gross_sales", "metric_label": "Annual Gross Receipts per center", "cohort": "other", "cohort_label": "Franchisees owning 2 Centers (60 franchisees), centers open 36+ months under the same franchisee", "outlet_count": 120, "period": "January 1 - December 31, 2025", "year": 2025, "unit_period": "annual", "scope": "franchisee", "avg_value": 407394, "median_value": 338334, "min_value": 91037, "max_value": 1283151, "fdd_page": 64}, {"metric": "gross_sales", "metric_label": "Annual Gross Receipts per center", "cohort": "other", "cohort_label": "Franchisees owning 3-5 Centers (26 franchisees), centers open 36+ months under the same franchisee", "outlet_count": 92, "period": "January 1 - December 31, 2025", "year": 2025, "unit_period": "annual", "scope": "franchisee", "avg_value": 453229, "median_value": 390326, "min_value": 77077, "max_value": 1511770, "fdd_page": 64}, {"metric": "gross_sales", "metric_label": "Annual Gross Receipts per center", "cohort": "other", "cohort_label": "Franchisees owning 6+ Centers (14 franchisees), centers open 36+ months under the same franchisee", "outlet_count": 158, "period": "January 1 - December 31, 2025", "year": 2025, "unit_period": "annual", "scope": "franchisee", "avg_value": 467965, "median_value": 419572, "min_value": 122948, "max_value": 1387460, "fdd_page": 64}], "comparable_revenue": {"annual_revenue_usd": 326428.0, "basis": "median, 914 franchised Mathnasium Centers open and operated by the same franchisee 12 months or longer as of December 31, 2025 (914 outlets)", "rule": "Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded."}, "outlets_by_year": [{"year": 2023, "outlet_type": "company-owned", "outlets_start": 3, "outlets_end": 4}, 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"transferred": null, "outlets_end": 995}, {"year": 2025, "outlets_start": 995, "opened": 63, "terminated": 0, "non_renewed": 0, "reacquired": 0, "ceased_other": 15, "transferred": null, "outlets_end": 1043}], "outlets_by_state": [{"year": 2023, "state": "AL", "outlets_end": 8}, {"year": 2023, "state": "AR", "outlets_end": 4}, {"year": 2023, "state": "AZ", "outlets_end": 25}, {"year": 2023, "state": "CA", "outlets_end": 163}, {"year": 2023, "state": "CO", "outlets_end": 21}, {"year": 2023, "state": "CT", "outlets_end": 11}, {"year": 2023, "state": "DC", "outlets_end": 3}, {"year": 2023, "state": "DE", "outlets_end": 3}, {"year": 2023, "state": "FL", "outlets_end": 75}, {"year": 2023, "state": "GA", "outlets_end": 37}, {"year": 2023, "state": "HI", "outlets_end": 1}, {"year": 2023, "state": "IA", "outlets_end": 6}, {"year": 2023, "state": "ID", "outlets_end": 6}, {"year": 2023, "state": "IL", "outlets_end": 47}, {"year": 2023, "state": "IN", "outlets_end": 9}, {"year": 2023, "state": 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Advertising Fee is up to 2% of Gross Sales once an Advertising Fund is established; as of December 31, 2025, franchisees were not required to contribute. 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"outlets_end": 10}, {"year": 2024, "state": "GA", "outlets_end": 1}, {"year": 2024, "state": "IL", "outlets_end": 2}, {"year": 2024, "state": "IN", "outlets_end": 1}, {"year": 2024, "state": "MA", "outlets_end": 3}, {"year": 2024, "state": "MD", "outlets_end": 1}, {"year": 2024, "state": "MI", "outlets_end": 2}, {"year": 2024, "state": "MO", "outlets_end": 1}, {"year": 2024, "state": "NC", "outlets_end": 5}, {"year": 2024, "state": "NJ", "outlets_end": 4}, {"year": 2024, "state": "NY", "outlets_end": 1}, {"year": 2024, "state": "OH", "outlets_end": 4}, {"year": 2024, "state": "PA", "outlets_end": 1}, {"year": 2024, "state": "TN", "outlets_end": 3}, {"year": 2024, "state": "TX", "outlets_end": 8}, {"year": 2024, "state": "UT", "outlets_end": 1}, {"year": 2024, "state": "VA", "outlets_end": 1}, {"year": 2024, "state": "WA", "outlets_end": 1}, {"year": 2025, "state": "CA", "outlets_end": 1}, {"year": 2025, "state": "CT", "outlets_end": 1}, {"year": 2025, "state": "FL", "outlets_end": 11}, {"year": 2025, "state": "GA", "outlets_end": 1}, {"year": 2025, "state": "IL", "outlets_end": 3}, {"year": 2025, "state": "IN", "outlets_end": 1}, {"year": 2025, "state": "MA", "outlets_end": 4}, {"year": 2025, "state": "MD", "outlets_end": 1}, {"year": 2025, "state": "MI", "outlets_end": 2}, {"year": 2025, "state": "MO", "outlets_end": 1}, {"year": 2025, "state": "NC", "outlets_end": 5}, {"year": 2025, "state": "NJ", "outlets_end": 5}, {"year": 2025, "state": "NY", "outlets_end": 3}, {"year": 2025, "state": "OH", "outlets_end": 5}, {"year": 2025, "state": "PA", "outlets_end": 1}, {"year": 2025, "state": "TN", "outlets_end": 2}, {"year": 2025, "state": "TX", "outlets_end": 9}, {"year": 2025, "state": "UT", "outlets_end": 3}, {"year": 2025, "state": "VA", "outlets_end": 2}, {"year": 2025, "state": "WA", "outlets_end": 1}], "agreement_terms": {"term_years": 10, "renewal_count": 1, "renewal_term_years": 10, "renewal_fee": "pay a renewal fee, remodel and upgrade you're the facility of your Spa Location Franchise to meet our standards and specifications, secure and possess the legal right to continue to occupy the premises of your Spa Location, and meet all other renewal requirements contained in the Franchise Agreement.", "transfer_fee": "you pay the transfer fee", "cure_period_days": 30, "noncompete_post_term_years": 2, "noncompete_post_term_radius_miles": 25, "dispute_resolution": "arbitration", "governing_law_state": "OH", "fdd_page": 53}, "brand_metrics": {"total_outlets": 64, "franchised_outlets": 62, "company_outlets": 2, "states_count": 20, "closure_rate_pct": 3.1, "closures": 3, "closures_not_itemized": 0, "reacquired": 1, "franchised_outlet_years": 97, "closure_year_from": 2023, "closure_year_to": 2025, "closure_ranking_eligible": 1, "closure_note": null, "growth_pct": 88.2, "growth_outlets_from": 34, "growth_outlets_to": 64, "growth_year_from": 2023, "growth_year_to": 2025, "growth_ranking_eligible": 1, "all_in_fee_pct": 7.5, "all_in_basis": "royalty + marketing fund"}, "alternatives": [{"rank": 1, "alternative_slug": "p-r-life-medical", "alternative_name": "PÜR Life® Medical", "same_sub_category": 1, "alternative_investment_low_usd": 649949, "investment_gap_usd": 7227, "alternative_total_outlets": 6}, {"rank": 2, "alternative_slug": "serotonin", "alternative_name": "Serotonin", "same_sub_category": 1, "alternative_investment_low_usd": 665634, "investment_gap_usd": 22912, "alternative_total_outlets": 3}, {"rank": 3, "alternative_slug": "restore-hyper-wellness", "alternative_name": "Restore Hyper Wellness", "same_sub_category": 1, "alternative_investment_low_usd": 762448, "investment_gap_usd": 119726, "alternative_total_outlets": 230}, {"rank": 4, "alternative_slug": "the-tox", "alternative_name": "The Tox", "same_sub_category": 1, "alternative_investment_low_usd": 331500, "investment_gap_usd": 311222, "alternative_total_outlets": 43}, {"rank": 5, "alternative_slug": "gameday-men-s-health", "alternative_name": "Gameday Men's Health", "same_sub_category": 1, "alternative_investment_low_usd": 224575, "investment_gap_usd": 418147, "alternative_total_outlets": 262}, {"rank": 6, "alternative_slug": "capital-laser", "alternative_name": "Capital Laser", "same_sub_category": 1, "alternative_investment_low_usd": 113750, "investment_gap_usd": 528972, "alternative_total_outlets": null}, {"rank": 7, "alternative_slug": "zeiss-vision-center", "alternative_name": "Zeiss Vision Center", "same_sub_category": 0, "alternative_investment_low_usd": 605000, "investment_gap_usd": 37722, "alternative_total_outlets": null}, {"rank": 8, "alternative_slug": "vital-care", "alternative_name": "Vital Care", "same_sub_category": 0, "alternative_investment_low_usd": 555750, "investment_gap_usd": 86972, "alternative_total_outlets": 110}, {"rank": 9, "alternative_slug": "clear-lakes-dental", "alternative_name": "Clear Lakes Dental", "same_sub_category": 0, "alternative_investment_low_usd": 554300, "investment_gap_usd": 88422, "alternative_total_outlets": 8}, {"rank": 10, "alternative_slug": "4ever-young", "alternative_name": "4ever Young", "same_sub_category": 0, "alternative_investment_low_usd": 522650, "investment_gap_usd": 120072, "alternative_total_outlets": 68}], "peer_ranks": [{"metric": "inv_low", "value": 642722, "rank": 71, "peers": 80, "peer_median": 192237.5, "rank_order": "lowest first", "peer_group": "Health & Medical"}, {"metric": "fee_low", "value": 50000, "rank": 48, "peers": 73, "peer_median": 40000, "rank_order": "lowest first", "peer_group": "Health & Medical"}, {"metric": "royalty", "value": 6, "rank": 15, "peers": 72, "peer_median": 7.0, "rank_order": "lowest first", "peer_group": "Health & Medical"}, {"metric": "allin", "value": 7.5, "rank": 22, "peers": 72, "peer_median": 8.0, "rank_order": "lowest first", "peer_group": "Health & Medical"}, {"metric": "outlets", "value": 64, "rank": 30, "peers": 76, "peer_median": 30.0, "rank_order": "highest first", "peer_group": "Health & Medical"}, {"metric": "growth", "value": 88.2, "rank": 3, "peers": 35, "peer_median": 11.4, "rank_order": "highest first", "peer_group": "Health & Medical"}, {"metric": "closure", "value": 3.1, "rank": 11, "peers": 33, "peer_median": 5.6, "rank_order": "lowest first", "peer_group": "Health & Medical"}], "value_ratios": {"comparable_annual_revenue_usd": 1125341, "investment_midpoint_usd": 876338, "revenue_to_investment": 1.28, "royalty_pct": 6, "revenue_per_royalty_point_usd": 187557}, "closure_by_year": [{"year": 2023, "franchised_outlets_start": 15, "closures": 0, "closures_not_itemized": 0, "closure_rate_pct": 0.0}, {"year": 2024, "franchised_outlets_start": 29, "closures": 0, "closures_not_itemized": 0, "closure_rate_pct": 0.0}, {"year": 2025, "franchised_outlets_start": 53, "closures": 3, "closures_not_itemized": 0, "closure_rate_pct": 5.7}]} diff --git a/csv/agreement_terms.csv b/csv/agreement_terms.csv new file mode 100644 index 0000000000000000000000000000000000000000..41782edec5a96be51d262f919c62dc0c4fc0c3c7 --- /dev/null +++ b/csv/agreement_terms.csv @@ -0,0 +1,12 @@ +brand_slug,term_years,renewal_count,renewal_term_years,renewal_fee,transfer_fee,cure_period_days,noncompete_post_term_years,noncompete_post_term_radius_miles,dispute_resolution,governing_law_state,fdd_page +baja-fresh,10,1,5,Pay a renewal franchise fee (amount not specified in Item 17 table; renewal FA may have materially different terms including higher royalty and advertising fees),Transfer franchise fee and transfer training fee paid (amounts not specified in Item 17 table),14,2,10,arbitration,,75 +liberty-tax-service,5,,5,"There is no fee for renewal but you must sign a general release of claims (Ex. D-4), at our request, remodel, refurbish, and modernize your franchised business, notify us in writing at least 180 days before the expiration of the agreement, be in full compliance with your Franchise Agreement and our Operations Manual and you will be required to sign our then-current standard franchise agreement 90 days before expiration of the agreement that may contain materially different terms and conditions t","You must be in compliance with the franchise agreement, pay transfer fees, sign a release (Ex. D-4), we must approve transferee, we have right of first refusal and transferee must attend and successfully complete training, transferee must agree to fully and timely complete a remodeling, refurbishing, and modernizing of the franchised business within 90 days following the completion of the transfer.",7,2,25,arbitration,VA,55 +take-5-oil-change,15,1,15,Pay successor franchise fee equal to 50% of our then current initial franchise fee; sign then current form of franchise agreement and other agreements (which may be materially different).,"You or transferee pay training and transfer fee equal to 50% of our then current initial franchise fee; if we obtain a purchaser, you must pay us 10% of the purchase price.",30,3,5,litigation,NC,72 +ubreakifix-by-asurion,10,2,10,"pay a renewal fee of $10,000","pay all sums owed, including a transfer fee; sign releases and disclose all material information we request. The transferee must qualify; assume the Franchise Agreement or sign a new Franchise Agreement; complete training and pay our training fee; repair and refurbish the Store and each Mobile Unit assignee.",10,2,20,arbitration,FL,49 +dogtopia,10,1,10,"You must: not be in default; give us timely notice; have substantially complied with the Franchise Agreement; sign then-current form of franchise agreement; sign general release (subject to state law); pay renewal fee; remodel Center and upgrade furniture, fixtures and equipment to current standards; complete refresher training (if we require it); and extend lease for duration of renewal term.","You must: submit transfer application; be in compliance with Franchise Agreement; assign lease, if applicable; pay transfer fee; subordinate transferee's ongoing payments owed to you (if any) to transferee's financial obligations owed to us; and sign general release (subject to state law).",30,2,15,mediation,AZ,56 +hand-and-stone-massage-and-facial-spa,10,1,10,renewal fee of equal to 25% of then current initial franchise fee,transfer fee equal to 50% of the then current initial franchise fee,30,2,10,mediation,PA,46 +huntington-learning-centers,10,,10,"Pay a nonrefundable fee of $10,000 (if you have a Territory, the fee is greater).","You pay us a nonrefundable Transfer Fee of $1,000, plus our associated costs. (death/disability context; general transfer fee references 'Transfer Fee, our related costs, any related broker fees, and a Training and Technology Initial Fee' without a stated dollar amount)",10,2,25,mediation,DE,45 +tuffy,15,3,5,"The Franchise Agreement automatically renews unless you elect not to renew or we do not consent to renewal. As conditions to renewal, we may require that you release us from claims, execute our standard form of License Agreement in use at the time of renewal and renovate your franchise location…",Transfer fee paid (amount not specified in Item 17 table),10,2,5,mediation,OH,38 +pet-supplies-plus,10,2,5,"pay a renewal fee of $2,500","you or the transferee pay a transfer fee of $5,000",15,2,5,mediation,MI,50 +the-joint,10,1,10,"You must: not be in default; give us timely notice; sign then-current form of franchise agreement and related documents; sign general release (subject to state law); pay renewal fee; pay clinic design fee and remodel Clinic in accordance with new Clinic Design; upgrade furniture, fixtures and equipment to current standards; and extend lease for duration of renewal term.",You must: be in compliance with Franchise Agreement; assign lease (if applicable); pay transfer fee; subordinate transferee's ongoing payments owed to you (if any) to transferee's financial obligations owed to us; and sign general release (subject to state law).,30,2,10,mediation,AZ,46 +vio-med-spa,10,1,10,"pay a renewal fee, remodel and upgrade you're the facility of your Spa Location Franchise to meet our standards and specifications, secure and possess the legal right to continue to occupy the premises of your Spa Location, and meet all other renewal requirements contained in the Franchise Agreement.",you pay the transfer fee,30,2,25,arbitration,OH,53 diff --git a/csv/alternatives.csv b/csv/alternatives.csv new file mode 100644 index 0000000000000000000000000000000000000000..3f30e56b6ac6955d2fe64f0d3b30180672bb1ebb --- /dev/null +++ b/csv/alternatives.csv @@ -0,0 +1,251 @@ +brand_slug,rank,alternative_slug,alternative_name,same_sub_category,alternative_investment_low_usd,investment_gap_usd,alternative_total_outlets +batteries-plus,1,hobbytown,HobbyTown,1,281100,3686, +batteries-plus,2,del-s-popcorn-shop,Del's Popcorn Shop,1,279365,5421,2 +batteries-plus,3,clothes-mentor,Clothes Mentor,1,272000,12786,125 +batteries-plus,4,winestyles-tasting-station,WineStyles Tasting Station,1,298000,13214,11 +batteries-plus,5,jamin-leather,Jamin Leather,1,270400,14386,1 +batteries-plus,6,good-feet,Good Feet,1,255478,29308,237 +batteries-plus,7,carr-d-artistes,Carré d'artistes,1,251300,33486,1 +batteries-plus,8,b-land-beauty,B-Land Beauty,1,318761,33975,13 +batteries-plus,9,scout-molly-s,Scout & Molly's,1,319000,34214,23 +batteries-plus,10,jayasri-sweets,Jayasri Sweets,1,243000,41786,1 +baja-fresh,1,lucha-libre-gourmet-taco-shop,Lucha Libre Gourmet Taco Shop,1,431000,2440,3 +baja-fresh,2,burrito-parrilla-mexicana,Burrito Parrilla Mexicana,1,437000,8440,11 +baja-fresh,3,super-mex,Super Mex,1,418644,9916,11 +baja-fresh,4,barrio-burrito-bar,Barrio Burrito Bar,1,418620,9940,4 +baja-fresh,5,california-tortilla,California Tortilla,1,443700,15140,34 +baja-fresh,6,taco-pros,Taco Pros,1,456500,27940,9 +baja-fresh,7,tijuana-flats,Tijuana Flats,1,469550,40990,135 +baja-fresh,8,taco-maya,Taco Maya,1,369000,59560, +baja-fresh,9,tio-juan-s-margaritas-mexican-restaurant,Tio Juan's Margaritas Mexican Restaurant,1,488800,60240,25 +baja-fresh,10,tacotime,TacoTime,1,365650,62910,100 +liberty-tax-service,1,atax,Atax,1,59150,9450,117 +liberty-tax-service,2,h-r-block,H&R Block,1,34080,15620,8921 +liberty-tax-service,3,jackson-hewitt-tax-service,Jackson Hewitt Tax Service,1,71050,21350,5287 +liberty-tax-service,4,toro-taxes,Toro Taxes,1,17835,31865, +liberty-tax-service,5,estrella-insurance,Estrella Insurance,0,49950,250,214 +liberty-tax-service,6,decimal,Decimal,0,46300,3400,1 +liberty-tax-service,7,loyalty-business-brokers,Loyalty Business Brokers,0,53350,3650,4 +liberty-tax-service,8,co-lab,Co/LAB,0,54750,5050,1 +liberty-tax-service,9,motto-mortgage,Motto Mortgage,0,55700,6000,249 +liberty-tax-service,10,brightway-insurance,Brightway Insurance,0,43425,6275,354 +supercuts,1,lemon-tree,Lemon Tree,1,184794,1136,48 +supercuts,2,smartstyle,SmartStyle,1,184440,1490,1235 +supercuts,3,great-clips,Great Clips,1,187800,1870, +supercuts,4,sharkey-s-cuts-for-kids,Sharkey's Cuts for Kids,1,189415,3485,141 +supercuts,5,cost-cutters,Cost Cutters,1,180990,4940,521 +supercuts,6,snip-its-salon,Snip-its Salon,1,200455,14525,47 +supercuts,7,sit-still,Sit Still,1,157984,27946,30 +supercuts,8,primp-and-blow,Primp and Blow,1,144970,40960,2 +supercuts,9,hair-cuttery,Hair Cuttery,1,230462,44532,839 +supercuts,10,cookie-cutters,Cookie Cutters,1,138200,47730,120 +take-5-oil-change,1,grease-monkey,Grease Monkey,1,708057,204191,408 +take-5-oil-change,2,speedee-oil-change-auto-service,SpeeDee Oil Change & Auto Service,1,708057,204191,78 +take-5-oil-change,3,jiffy-lube,Jiffy Lube,1,236000,676248,2083 +take-5-oil-change,4,victory-lane,Victory Lane,1,235000,677248,36 +take-5-oil-change,5,valvoline-instant-oil-change,Valvoline Instant Oil Change,1,192375,719873,2039 +take-5-oil-change,6,econo-lube-n-tune-brakes,Econo Lube N' Tune & Brakes,1,184377,727871,19 +take-5-oil-change,7,costa-oil,Costa Oil,1,131750,780498,13 +take-5-oil-change,8,all-tune-and-lube,All Tune and Lube®,1,103800,808448,36 +take-5-oil-change,9,hertz,Hertz,0,879300,32948,3708 +take-5-oil-change,10,rnr-tire-express,RNR Tire Express,0,718561,193687,207 +ubreakifix-by-asurion,1,techy,Techy,1,118600,52750,69 +ubreakifix-by-asurion,2,nerdstogo,NerdsToGo,1,115119,56231,35 +ubreakifix-by-asurion,3,sd-tech,SD Tech,1,91650,79700,2 +ubreakifix-by-asurion,4,cpr,CPR,1,90350,81000,428 +ubreakifix-by-asurion,5,mr-fix,Mr Fix,1,79742,91608,13 +ubreakifix-by-asurion,6,ifixandrepair,iFixandRepair,1,78200,93150,232 +ubreakifix-by-asurion,7,ultrafix,UltraFix,1,70000,101350,6 +ubreakifix-by-asurion,8,intelligent-assistant,Intelligent Assistant,0,168000,3350, +ubreakifix-by-asurion,9,shrunk-3d,Shrunk 3D,0,187485,16135,22 +ubreakifix-by-asurion,10,holt-computer-training,Holt Computer Training,0,151800,19550, +dogtopia,1,hounds-town-usa,Hounds Town USA,1,667610,3255,97 +dogtopia,2,all-american-pet-resorts,All American Pet Resorts,1,687500,23145,10 +dogtopia,3,district-dogs,District Dogs,1,622225,42130,5 +dogtopia,4,camp-run-a-mutt,Camp Run-A-Mutt,1,588900,75455,13 +dogtopia,5,a-dog-s-day-out,A Dog's Day Out,1,749750,85395, +dogtopia,6,central-bark,Central Bark,1,522474,141881,38 +dogtopia,7,doggieworld,DoggieWorld,1,470000,194355,4 +dogtopia,8,camp-bow-wow,Camp Bow Wow,1,954606,290251,226 +dogtopia,9,dogdrop,Dogdrop,1,356050,308305,3 +dogtopia,10,playful-pack,Playful Pack,1,286250,378105,13 +hand-and-stone-massage-and-facial-spa,1,viyada-thai-spa,Viyada Thai SPA,1,311400,9491,1 +hand-and-stone-massage-and-facial-spa,2,lavida-massage,LaVida Massage,1,293250,27641,51 +hand-and-stone-massage-and-facial-spa,3,cloud-9-foot-spa,Cloud 9 Foot Spa,1,262450,58441,8 +hand-and-stone-massage-and-facial-spa,4,massage-heights,Massage Heights,1,472199,151308,109 +hand-and-stone-massage-and-facial-spa,5,the-now,The NOW,1,476459,155568,64 +hand-and-stone-massage-and-facial-spa,6,spavia,Spavia,1,495800,174909,55 +hand-and-stone-massage-and-facial-spa,7,brilliant-massage-skin,Brilliant Massage & Skin,1,120767,200124,2 +hand-and-stone-massage-and-facial-spa,8,elements-massage,Elements Massage,1,567239,246348,245 +hand-and-stone-massage-and-facial-spa,9,massageluxe,MassageLuXe,1,570900,250009,92 +hand-and-stone-massage-and-facial-spa,10,heyday,Heyday,1,574000,253109,10 +huntington-learning-centers,1,prepaze-academy,Prepaze Academy,1,154000,37992,2 +huntington-learning-centers,2,learningrx,LearningRx,1,150000,41992,46 +huntington-learning-centers,3,omega-learning-center,Omega Learning Center,1,135913,56079,6 +huntington-learning-centers,4,mathnasium,Mathnasium,1,127316,64676,1047 +huntington-learning-centers,5,level-up-learning,Level UP Learning,1,126265,65727,10 +huntington-learning-centers,6,sylvan-learning,Sylvan Learning,1,117600,74392,478 +huntington-learning-centers,7,the-tutoring-center,The Tutoring Center,1,114420,77572,87 +huntington-learning-centers,8,gradepower-learning,GradePower Learning,1,113136,78856,153 +huntington-learning-centers,9,genius-kids,Genius Kids,1,276300,84308,28 +huntington-learning-centers,10,kumon,Kumon,1,101630,90362,1710 +mathnasium,1,level-up-learning,Level UP Learning,1,126265,1051,10 +mathnasium,2,omega-learning-center,Omega Learning Center,1,135913,8597,6 +mathnasium,3,sylvan-learning,Sylvan Learning,1,117600,9716,478 +mathnasium,4,the-tutoring-center,The Tutoring Center,1,114420,12896,87 +mathnasium,5,gradepower-learning,GradePower Learning,1,113136,14180,153 +mathnasium,6,learningrx,LearningRx,1,150000,22684,46 +mathnasium,7,kumon,Kumon,1,101630,25686,1710 +mathnasium,8,prepaze-academy,Prepaze Academy,1,154000,26684,2 +mathnasium,9,the-resource-room,The Resource Room,1,94500,32816,2 +mathnasium,10,tutor-doctor,Tutor Doctor,1,94295,33021, +tuffy,1,meineke,Meineke,1,224898,2898,716 +tuffy,2,car-doctor-plus,Car Doctor Plus,1,218000,4000,1 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Paws®,1,99270,441250,8 +pet-supplies-plus,8,central-bark,Central Bark,0,522474,18046,38 +pet-supplies-plus,9,wnw,WNW,0,520250,20270,29 +pet-supplies-plus,10,camp-run-a-mutt,Camp Run-A-Mutt,0,588900,48380,13 +the-joint,1,maxliving,Maxliving,1,167600,77650,84 +the-joint,2,pure-health-chiropractic,Pure Health Chiropractic,1,151000,94250,2 +the-joint,3,100-chiropractic,100% Chiropractic,1,339742,94492,117 +the-joint,4,chiroway,ChiroWay,1,113350,131900,16 +the-joint,5,federal-injury-centers,Federal Injury Centers,1,94300,150950,69 +the-joint,6,the-wellness-way,The Wellness Way,1,75400,169850,43 +the-joint,7,healthsource-chiropractic,HealthSource Chiropractic,1,435932,190682,132 +the-joint,8,hydrate-iv-bar,Hydrate IV Bar,0,242050,3200,17 +the-joint,9,positive-reset,Positive Reset,0,240550,4700,5 +the-joint,10,qc-kinetix,QC Kinetix®,0,250100,4850,184 +applebee-s-neighborhood-grill-bar,1,twin-peaks,Twin Peaks,1,2959000,233516,108 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+vio-med-spa,3,restore-hyper-wellness,Restore Hyper Wellness,1,762448,119726,230 +vio-med-spa,4,the-tox,The Tox,1,331500,311222,43 +vio-med-spa,5,gameday-men-s-health,Gameday Men's Health,1,224575,418147,262 +vio-med-spa,6,capital-laser,Capital Laser,1,113750,528972, +vio-med-spa,7,zeiss-vision-center,Zeiss Vision Center,0,605000,37722, +vio-med-spa,8,vital-care,Vital Care,0,555750,86972,110 +vio-med-spa,9,clear-lakes-dental,Clear Lakes Dental,0,554300,88422,8 +vio-med-spa,10,4ever-young,4ever Young,0,522650,120072,68 +ar-homes,1,engel-v-lkers,Engel & Völkers,1,108690,426310,239 +ar-homes,2,the-oceanaire-realty,The Oceanaire Realty,1,81700,453300,2 +ar-homes,3,christie-s-international-real-estate,Christie's International Real Estate,1,64475,470525,40 +ar-homes,4,corcoran,Corcoran,1,62150,472850,134 +ar-homes,5,sotheby-s-international-realty,Sotheby's International Realty,1,47250,487750,718 +ar-homes,6,integra,Integra,0,236000,299000,49 +ar-homes,7,linden-creek,Linden Creek,0,227225,307775,3 +ar-homes,8,set-the-stage,Set the Stage,0,204150,330850,114 +ar-homes,9,keller-williams-realty,Keller Williams Realty,0,183647,351353,810 +ar-homes,10,ne-tiny-homes,NE Tiny Homes,0,147000,388000,1 +bella-bridesmaids,1,the-smoky-grass-station,The Smoky Grass Station,1,96150,6750,11 +bella-bridesmaids,2,pro-image-sports,Pro Image Sports,1,109750,6850,154 +bella-bridesmaids,3,sunmed-your-cbd-store,Sunmed™ | YOUR CBD STORE®,1,95800,7100,298 +bella-bridesmaids,4,cheong-kwan-jang,Cheong Kwan Jang,1,110000,7100,36 +bella-bridesmaids,5,jung-kwan-jang,Jung Kwan Jang,1,111000,8100,37 +bella-bridesmaids,6,everything-christmas,Everything Christmas,1,112600,9700,15 +bella-bridesmaids,7,good-games,Good Games,1,114250,11350, +bella-bridesmaids,8,fast-fix-jewelry-and-watch-repairs,Fast-FIX Jewelry and Watch Repairs,1,114700,11800,130 +bella-bridesmaids,9,cbd-american-shaman,CBD American Shaman,1,88100,14800,288 +bella-bridesmaids,10,fauxreal-flowers,FauxReal Flowers,1,78500,24400,5 +gymguyz,1,fly-to-fit-bungee-fitness-studio,Fly to Fit Bungee Fitness Studio,1,94200,2100,1 +gymguyz,2,special-strong,Special Strong,1,89750,2350,21 +gymguyz,3,servicerx,ServiceRX,1,64175,27925,1 +gymguyz,4,club-ko,Club KO,1,127962,35862,65 +gymguyz,5,a-e-s-fitness,A.E.S. Fitness,1,55950,36150,1 +gymguyz,6,soldierfit,Soldierfit,1,136684,44584,14 +gymguyz,7,farrell-s-extreme-bodyshaping,Farrell's eXtreme Bodyshaping,1,151028,58928,56 +gymguyz,8,9round,9Round,1,160449,68349,279 +gymguyz,9,moms-on-the-run,Moms on the RUN,1,13900,78200,49 +gymguyz,10,fit4mom,Fit4mom,1,8245,83855,238 +a-better-solution-in-home-care,1,mastercare,Mastercare,0,125800,1090,5 +a-better-solution-in-home-care,2,1heart-caregiver-services,1Heart Caregiver Services,0,125650,1240,26 +a-better-solution-in-home-care,3,visiting-angels,Visiting Angels,0,125460,1430,541 +a-better-solution-in-home-care,4,elder-well,Elder-Well,0,130900,4010,3 +a-better-solution-in-home-care,5,amada-senior-care,Amada Senior Care,0,121577,5313, +a-better-solution-in-home-care,6,avendelle-assisted-living,Avendelle Assisted Living,0,121525,5365,21 +a-better-solution-in-home-care,7,home-helpers-home-care,Home Helpers Home Care,0,120750,6140, +a-better-solution-in-home-care,8,2nd-family,2nd Family,0,119825,7065,25 +a-better-solution-in-home-care,9,comfort-keepers,Comfort Keepers,0,119560,7330,635 +a-better-solution-in-home-care,10,nurse-next-door,Nurse Next Door,0,119115,7775,74 +complete-weddings-events,1,wine-and-design,Wine and Design,0,69950,1150,58 +complete-weddings-events,2,the-rock-underground,The Rock Underground,0,70500,1700,6 +complete-weddings-events,3,ar-workshop,AR Workshop,0,71449,2649,133 +complete-weddings-events,4,eaglerider,Eaglerider,0,73500,4700,154 +complete-weddings-events,5,the-hot-spot,The Hot Spot,0,74900,6100,4 +complete-weddings-events,6,the-giggling-pig,The Giggling Pig,0,75000,6200,7 +complete-weddings-events,7,city-brew-tours,City Brew Tours,0,76200,7400,16 +complete-weddings-events,8,divadance,DivaDance,0,56700,12100,43 +complete-weddings-events,9,valhallan,Valhallan,0,82950,14150,9 +complete-weddings-events,10,perfect-skating,Perfect Skating,0,53940,14860,27 +decorate-with-lights,1,the-decor-group-christmas-decor,The Decor Group / Christmas Decor,0,38750,2550, +decorate-with-lights,2,mosquito-authority,Mosquito Authority,0,39000,2800,547 +decorate-with-lights,3,premier-pool-service-pinnacle-pool-service,Premier Pool Service / Pinnacle Pool Service,0,43150,6950,34 +decorate-with-lights,4,dryject,DryJect,0,46100,9900,32 +decorate-with-lights,5,outdoor-lighting-concepts,Outdoor Lighting Concepts,0,48000,11800,4 +decorate-with-lights,6,pacific-lawn-sprinklers,Pacific Lawn Sprinklers,0,23800,12400,78 +decorate-with-lights,7,superior-mosquito-defense,Superior Mosquito Defense®,0,17400,18800,23 +decorate-with-lights,8,naturalawn-of-america,NaturaLawn of America,0,57500,21300,99 +decorate-with-lights,9,premier-pools-spas-pinnacle-pools-and-spas,Premier Pools & Spas / Pinnacle Pools and Spas,0,58950,22750,129 +decorate-with-lights,10,augusta-lawn-care,Augusta Lawn Care,0,60500,24300, +era-group,1,complete-mobile-drug-testing,Complete Mobile Drug Testing,0,72350,3650,1 +era-group,2,gasket-guy,Gasket Guy,0,80050,4050,38 +era-group,3,world-options,World Options,0,81100,5100,18 +era-group,4,instant-imprints,Instant Imprints,0,82800,6800,15 +era-group,5,townepost,TownePost,0,83350,7350,19 +era-group,6,locals-love-us,Locals Love Us,0,66750,9250,12 +era-group,7,inxpress,InXpress,0,86900,10900,77 +era-group,8,money-mailer,Money Mailer,0,64630,11370,136 +era-group,9,runningboards-marketing,Runningboards Marketing,0,87400,11400,14 +era-group,10,our-town-america,Our Town America,0,64399,11601,50 +cd-one-price-cleaners,1,zips-cleaners,ZIPS Cleaners,0,867700,35525,72 +cd-one-price-cleaners,2,laundrolab,LaundroLab,0,1182500,279275,12 +cd-one-price-cleaners,3,speed-queen,Speed Queen,0,1199663,296438,32 +cd-one-price-cleaners,4,laundry-spot,Laundry Spot,0,1268500,365275,4 +cd-one-price-cleaners,5,martinizing,Martinizing,0,426748,476477, +cd-one-price-cleaners,6,door-to-door-laundry,Door to Door Laundry,0,393783,509442,1 +cd-one-price-cleaners,7,wavemax-laundry,WaveMAX Laundry,0,359105,544120,66 +cd-one-price-cleaners,8,mulberrys-garment-care,Mulberrys Garment Care,0,353500,549725,13 +cd-one-price-cleaners,9,tide-laundromat,Tide Laundromat,0,1751885,848660,8 +cd-one-price-cleaners,10,bubbly,Bubbly,0,47585,855640,3 +discovery-map,1,coastal-angler-magazine,Coastal Angler Magazine,0,28975,275,34 +discovery-map,2,amspirit,AmSpirit,0,21400,7850,19 +discovery-map,3,city-lifestyle,City Lifestyle,0,37600,8350,236 +discovery-map,4,redknight,RedKnight,0,17900,11350,1 +discovery-map,5,dealer-specialties-international,Dealer Specialties International,0,17400,11850,97 +discovery-map,6,unishippers,Unishippers,0,17365,11885,278 +discovery-map,7,schmidt,Schmidt,0,44743,15493,464 +discovery-map,8,sculpture-hospitality,Sculpture Hospitality,0,45500,16250,215 +discovery-map,9,network-lead-exchange,Network Lead Exchange,0,12450,16800,36 +discovery-map,10,city-publications,City Publications,0,46300,17050,39 +atc-healthcare-services,1,signal,Signal,0,160200,1700,1883 +atc-healthcare-services,2,labor-finders,Labor Finders,0,153635,4865,184 +atc-healthcare-services,3,atwork,AtWork,0,165000,6500,90 +atc-healthcare-services,4,pridestaff,PrideStaff,0,151950,6550, +atc-healthcare-services,5,silbar-security,Silbar Security,0,145500,13000,9 +atc-healthcare-services,6,snapchef,Snapchef,0,138140,20360,4 +atc-healthcare-services,7,spherion,Spherion,0,132980,25520,212 +atc-healthcare-services,8,express-employment-professionals,Express Employment Professionals,0,131000,27500,791 +atc-healthcare-services,9,nextaff,Nextaff,0,126700,31800,35 +atc-healthcare-services,10,the-entrepreneur-s-source,The Entrepreneur's Source,0,114350,44150, diff --git a/csv/brand_metrics.csv b/csv/brand_metrics.csv new file mode 100644 index 0000000000000000000000000000000000000000..64235eaf3194bb72e166035d1413a9d06597a161 --- /dev/null +++ b/csv/brand_metrics.csv @@ -0,0 +1,26 @@ +brand_slug,total_outlets,franchised_outlets,company_outlets,states_count,closure_rate_pct,closures,closures_not_itemized,reacquired,franchised_outlet_years,closure_year_from,closure_year_to,closure_ranking_eligible,closure_note,growth_pct,growth_outlets_from,growth_outlets_to,growth_year_from,growth_year_to,growth_ranking_eligible,all_in_fee_pct,all_in_basis +a-better-solution-in-home-care,30,28,2,14,8.9,7,0,1,79,2023,2025,1,,11.1,27,30,2023,2025,1,6,royalty + marketing fund +applebee-s-neighborhood-grill-bar,1475,1416,59,49,2.5,113,0,59,4586,2023,2025,1,,-4.3,1542,1475,2023,2025,1,8.25,royalty + marketing fund +ar-homes,42,42,0,10,8.2,11,0,0,134,2021,2023,1,,0.0,42,42,2021,2023,1,3.75,royalty + marketing fund +atc-healthcare-services,34,34,0,17,22.6,36,0,4,159,2023,2025,1,,-47.7,65,34,2023,2025,1,, +baja-fresh,68,67,1,11,7.6,16,0,6,211,2023,2025,1,,-12.8,78,68,2023,2025,1,8,royalty + marketing fund +batteries-plus,734,601,133,50,4.2,77,0,21,1819,2023,2025,1,,1.7,722,734,2023,2025,1,6,royalty + marketing fund +bella-bridesmaids,45,41,4,27,7.7,13,0,3,169,2021,2023,1,,-22.4,58,45,2021,2023,1,4,royalty only (no marketing-fund % listed) +cd-one-price-cleaners,40,40,0,4,0.0,0,0,0,109,2021,2023,1,,8.1,37,40,2021,2023,1,9.5,royalty + marketing fund +complete-weddings-events,82,81,1,33,3.8,8,0,0,212,2023,2025,1,,18.8,69,82,2023,2025,1,10,royalty + marketing fund +decorate-with-lights,128,105,23,12,6.9,23,3,0,331,2023,2025,1,,8.5,118,128,2023,2025,1,10,royalty + marketing fund +discovery-map,116,116,0,28,4.1,14,0,1,345,2023,2025,1,,-1.7,118,116,2023,2025,1,11,royalty + marketing fund +dogtopia,266,225,41,37,0.7,4,0,2,599,2023,2025,1,,9.0,244,266,2023,2025,1,9,royalty + marketing fund +era-group,196,196,0,25,7.7,34,0,2,441,2023,2025,1,,34.2,146,196,2023,2025,1,18,royalty + marketing fund +gymguyz,130,116,16,21,11.6,36,0,14,311,2022,2024,1,,33.3,99,132,2022,2024,1,9,royalty + marketing fund +hand-and-stone-massage-and-facial-spa,615,600,15,38,0.6,9,0,1,1594,2023,2025,1,,13.5,542,615,2023,2025,1,7,royalty + marketing fund +huntington-learning-centers,245,243,2,38,5.8,47,0,2,813,2023,2025,1,,-12.2,279,245,2023,2025,1,11.5,royalty + marketing fund +liberty-tax-service,1663,1537,126,51,8.7,478,0,55,5490,2023,2025,1,,-11.8,1885,1663,2023,2025,1,19,royalty + marketing fund +mathnasium,1047,1043,4,45,2.1,60,0,1,2914,2023,2025,1,,7.7,972,1047,2023,2025,1,12,royalty + marketing fund +pet-supplies-plus,735,502,233,40,1.2,16,0,4,1288,2022,2024,1,,11.4,660,735,2022,2024,1,6.5,royalty + marketing fund +supercuts,1801,1701,100,47,7.6,478,0,108,6257,2023,2025,1,,-13.3,2077,1801,2023,2025,1,11,royalty + marketing fund +take-5-oil-change,1142,432,710,36,0.3,2,0,4,686,2022,2024,1,,41.5,807,1142,2022,2024,1,12,royalty + marketing fund +the-joint,970,845,125,41,1.6,33,0,19,2122,2022,2024,1,,15.8,838,970,2022,2024,1,9,royalty + marketing fund +tuffy,129,101,28,14,2.0,7,0,53,348,2022,2024,1,,-20.9,163,129,2022,2024,1,10,royalty + marketing fund +ubreakifix-by-asurion,677,549,128,44,4.3,66,0,1,1551,2023,2025,1,,-6.1,721,677,2023,2025,1,7,royalty + marketing fund +vio-med-spa,64,62,2,20,3.1,3,0,1,97,2023,2025,1,,88.2,34,64,2023,2025,1,7.5,royalty + marketing fund diff --git a/csv/brands.csv b/csv/brands.csv new file mode 100644 index 0000000000000000000000000000000000000000..6d4745a386be74fc38a1456c1df8c3c739501505 --- /dev/null +++ b/csv/brands.csv @@ -0,0 +1,26 @@ +brand_slug,brand_name,legal_name,industry,industry_label,sub_category,fdd_year,fdd_filing_state,fdd_effective_date,fdd_source_url,franchisedepth_url,hand_checked,corrections_logged,older_fdd,edition_note +a-better-solution-in-home-care,A Better Solution In Home Care,"ABS Franchise Services, Inc.",home-services-senior-care,Senior Care,,2026,MN,2026-03-24,https://www.cards.commerce.state.mn.us/CARDS/,https://franchisedepth.com/franchise/a-better-solution-in-home-care/,1,6,0, +applebee-s-neighborhood-grill-bar,Applebee's Neighborhood Grill & Bar,APPLEBEE'S FRANCHISOR LLC,food-quick-service,Food Quick Service,Casual Dining,2026,NASAA EFD,2026-03-27,https://www.nasaaefd.org/Franchise/Search,https://franchisedepth.com/franchise/applebee-s-neighborhood-grill-bar/,1,8,0, +ar-homes,AR Homes,"AR FRANCHISING, INC.",real-estate,Real Estate,Luxury Residential,2024,MN,2024-05-01,https://www.cards.commerce.state.mn.us/CARDS/,https://franchisedepth.com/franchise/ar-homes/,1,4,0, +atc-healthcare-services,ATC Healthcare Services,"ATC Healthcare Services, LLC",staffing-employment,Staffing & Employment,,2026,NASAA EFD,2026-01-20,https://www.nasaaefd.org/Franchise/Search,https://franchisedepth.com/franchise/atc-healthcare-services/,1,2,0, +baja-fresh,Baja Fresh,"BF Acquisition Holdings, LLC",food-quick-service,Food Quick Service,Mexican,2026,MN,2026-03-27,https://www.cards.commerce.state.mn.us/CARDS/,https://franchisedepth.com/franchise/baja-fresh/,1,2,0, +batteries-plus,Batteries Plus,"Batteries Plus, L.L.C.",retail-services,Retail Services,Specialty Retail,2026,MN,2026-03-26,https://www.cards.commerce.state.mn.us/CARDS/,https://franchisedepth.com/franchise/batteries-plus/,1,4,0, +bella-bridesmaids,Bella Bridesmaids,"Bella Bridesmaids Franchise Group, LLC",retail-services,Retail Services,Specialty Retail,2024,MN,2024-05-01,https://www.cards.commerce.state.mn.us/CARDS/,https://franchisedepth.com/franchise/bella-bridesmaids/,1,5,0, +cd-one-price-cleaners,CD ONE Price Cleaners,"CLEANERS DEPOT FRANCHISE, LLC",dry-cleaning,Dry Cleaning,,2024,MN,2024-05-22,https://www.cards.commerce.state.mn.us/CARDS/,https://franchisedepth.com/franchise/cd-one-price-cleaners/,1,12,0, +complete-weddings-events,Complete Weddings + Events,"Complete Music, Inc.",entertainment-recreation,Entertainment & Recreation,,2026,MN,2026-04-21,https://www.cards.commerce.state.mn.us/CARDS/,https://franchisedepth.com/franchise/complete-weddings-events/,1,7,0, +decorate-with-lights,Decorate With Lights,DWL Corp,home-services-outdoor,Outdoor,,2026,MN,2026-04-08,https://www.cards.commerce.state.mn.us/CARDS/,https://franchisedepth.com/franchise/decorate-with-lights/,1,23,0, +discovery-map,Discovery Map,"Discovery Map International, Inc",b2b-supplies,B2B Supplies,,2025,MN,2025-12-01,https://www.cards.commerce.state.mn.us/CARDS/,https://franchisedepth.com/franchise/discovery-map/,1,5,0, +dogtopia,Dogtopia,"Better Together, LLC",pet-services,Pet Services,Daycare & Boarding,2026,WI,2026-04-08,https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=641000&hash=115475975&search=external&type=GENERAL,https://franchisedepth.com/franchise/dogtopia/,1,0,0, +era-group,ERA Group,"Expense Reduction Analysts, Inc.",b2b-supplies,B2B Supplies,,2026,MN,2026-03-26,https://www.cards.commerce.state.mn.us/CARDS/,https://franchisedepth.com/franchise/era-group/,1,1,0, +gymguyz,Gymguyz,GYMGUYZ Franchising LLC,fitness-wellness,Fitness & Wellness,Boutique Group Fitness,2025,MN,2025-02-25,https://www.cards.commerce.state.mn.us/CARDS/,https://franchisedepth.com/franchise/gymguyz/,1,8,0, +hand-and-stone-massage-and-facial-spa,Hand and Stone Massage and Facial Spa,HAND AND STONE FRANCHISE LLC,fitness-wellness,Fitness & Wellness,Massage & Facial Spa,2026,WI,2026-04-06,https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=640845&hash=2025006140&search=external&type=GENERAL,https://franchisedepth.com/franchise/hand-and-stone-massage-and-facial-spa/,1,1,0, +huntington-learning-centers,Huntington Learning Centers,Huntington Learning Centers Inc.,education,Education,Academic Tutoring,2026,WI,2026-04-16,https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=641005&hash=1553927880&search=external&type=GENERAL,https://franchisedepth.com/franchise/huntington-learning-centers/,1,2,0, +liberty-tax-service,Liberty Tax Service,JTH Tax LLC,tax-financial,Tax & Financial,Tax Prep,2026,MN,2026-04-09,https://www.cards.commerce.state.mn.us/CARDS/,https://franchisedepth.com/franchise/liberty-tax-service/,1,5,0, +mathnasium,Mathnasium,Mathnasium Franchisor LLC,education,Education,Academic Tutoring,2026,WI,2026-04-30,https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=641614&hash=1383796229&search=external&type=GENERAL,https://franchisedepth.com/franchise/mathnasium/,1,13,0, +pet-supplies-plus,Pet Supplies Plus,"PSP Franchise Operations SPV, LLC",pet-services,Pet Services,Pet Retail,2025,MN,2025-12-19,https://www.cards.commerce.state.mn.us/CARDS/,https://franchisedepth.com/franchise/pet-supplies-plus/,1,1,0, +supercuts,Supercuts,"Supercuts, Inc.",salon-beauty,Salon & Beauty,Hair Salon,2025,MN,2025-10-17,https://www.cards.commerce.state.mn.us/CARDS/,https://franchisedepth.com/franchise/supercuts/,1,1,0, +take-5-oil-change,Take 5 Oil Change,Take 5 Franchisor SPV LLC,automotive-services,Automotive Services,Oil Change & Quick Lube,2025,MN,2025-06-13,https://www.cards.commerce.state.mn.us/CARDS/,https://franchisedepth.com/franchise/take-5-oil-change/,1,3,0, +the-joint,The Joint,The Joint Corp,health-medical,Health & Medical,Chiropractic,2025,NASAA EFD,2025-05-13,https://www.nasaaefd.org/Franchise/Search,https://franchisedepth.com/franchise/the-joint/,1,45,0, +tuffy,Tuffy,"Gimex Properties Corp., Inc",automotive-services,Automotive Services,Repair & Maintenance,2025,WI,2025-04-30,https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=639366&hash=271312205&search=external&type=GENERAL,https://franchisedepth.com/franchise/tuffy/,1,6,0, +ubreakifix-by-asurion,uBreakiFix by Asurion,UBIF Franchising Co,tech-services,Tech Services,Device Repair,2026,MN,2026-04-02,https://www.cards.commerce.state.mn.us/CARDS/,https://franchisedepth.com/franchise/ubreakifix-by-asurion/,1,1,0, +vio-med-spa,VIO Med Spa,"VIO Franchise Group, LLC",health-medical,Health & Medical,Med-Spa & Aesthetics,2026,NASAA EFD,2026-03-13,https://www.nasaaefd.org/Franchise/Search,https://franchisedepth.com/franchise/vio-med-spa/,1,22,0, diff --git a/csv/closure_by_year.csv b/csv/closure_by_year.csv new file mode 100644 index 0000000000000000000000000000000000000000..50ae3282cac0de42cd6da12ef6039519d0740650 --- /dev/null +++ b/csv/closure_by_year.csv @@ -0,0 +1,76 @@ +brand_slug,year,franchised_outlets_start,closures,closures_not_itemized,closure_rate_pct +a-better-solution-in-home-care,2023,27,4,0,14.8 +a-better-solution-in-home-care,2024,25,1,0,4.0 +a-better-solution-in-home-care,2025,27,2,0,7.4 +applebee-s-neighborhood-grill-bar,2023,1578,37,0,2.3 +applebee-s-neighborhood-grill-bar,2024,1545,35,0,2.3 +applebee-s-neighborhood-grill-bar,2025,1463,41,0,2.8 +ar-homes,2021,46,5,0,10.9 +ar-homes,2022,42,1,0,2.4 +ar-homes,2023,46,5,0,10.9 +atc-healthcare-services,2023,60,7,0,11.7 +atc-healthcare-services,2024,65,28,0,43.1 +atc-healthcare-services,2025,34,1,0,2.9 +baja-fresh,2023,77,6,0,7.8 +baja-fresh,2024,67,5,0,7.5 +baja-fresh,2025,67,5,0,7.5 +batteries-plus,2023,609,29,0,4.8 +batteries-plus,2024,606,15,0,2.5 +batteries-plus,2025,604,33,0,5.5 +bella-bridesmaids,2021,57,0,0,0.0 +bella-bridesmaids,2022,57,1,0,1.8 +bella-bridesmaids,2023,55,12,0,21.8 +cd-one-price-cleaners,2021,35,0,0,0.0 +cd-one-price-cleaners,2022,36,0,0,0.0 +cd-one-price-cleaners,2023,38,0,0,0.0 +complete-weddings-events,2023,66,3,0,4.5 +complete-weddings-events,2024,68,1,0,1.5 +complete-weddings-events,2025,78,4,0,5.1 +decorate-with-lights,2023,92,6,3,6.5 +decorate-with-lights,2024,118,0,0,0.0 +decorate-with-lights,2025,121,17,0,14.0 +discovery-map,2023,114,2,0,1.8 +discovery-map,2024,113,6,0,5.3 +discovery-map,2025,118,6,0,5.1 +dogtopia,2023,174,0,0,0.0 +dogtopia,2024,205,0,0,0.0 +dogtopia,2025,220,4,0,1.8 +era-group,2023,136,13,0,9.6 +era-group,2024,144,13,0,9.0 +era-group,2025,161,8,0,5.0 +gymguyz,2022,95,13,0,13.7 +gymguyz,2023,97,4,0,4.1 +gymguyz,2024,119,19,0,16.0 +hand-and-stone-massage-and-facial-spa,2023,487,2,0,0.4 +hand-and-stone-massage-and-facial-spa,2024,527,2,0,0.4 +hand-and-stone-massage-and-facial-spa,2025,580,5,0,0.9 +huntington-learning-centers,2023,280,10,0,3.6 +huntington-learning-centers,2024,273,17,0,6.2 +huntington-learning-centers,2025,260,20,0,7.7 +liberty-tax-service,2023,1991,201,0,10.1 +liberty-tax-service,2024,1813,149,0,8.2 +liberty-tax-service,2025,1686,128,0,7.6 +mathnasium,2023,951,25,0,2.6 +mathnasium,2024,968,20,0,2.1 +mathnasium,2025,995,15,0,1.5 +pet-supplies-plus,2022,374,4,0,1.1 +pet-supplies-plus,2023,429,4,0,0.9 +pet-supplies-plus,2024,485,8,0,1.6 +supercuts,2023,2252,196,0,8.7 +supercuts,2024,2070,145,0,7.0 +supercuts,2025,1935,137,0,7.1 +take-5-oil-change,2022,134,0,0,0.0 +take-5-oil-change,2023,227,1,0,0.4 +take-5-oil-change,2024,325,1,0,0.3 +the-joint,2022,610,5,0,0.8 +the-joint,2023,712,13,0,1.8 +the-joint,2024,800,15,0,1.9 +tuffy,2022,145,5,0,3.4 +tuffy,2023,103,1,0,1.0 +tuffy,2024,100,1,0,1.0 +ubreakifix-by-asurion,2023,443,21,0,4.7 +ubreakifix-by-asurion,2024,557,21,0,3.8 +ubreakifix-by-asurion,2025,551,24,0,4.4 +vio-med-spa,2023,15,0,0,0.0 +vio-med-spa,2024,29,0,0,0.0 +vio-med-spa,2025,53,3,0,5.7 diff --git a/csv/comparable_revenue.csv b/csv/comparable_revenue.csv new file mode 100644 index 0000000000000000000000000000000000000000..4559d01efb66a634d5ca359c5ad55cdb9b5571f7 --- /dev/null +++ b/csv/comparable_revenue.csv @@ -0,0 +1,26 @@ +brand_slug,annual_revenue_usd,basis,rule +batteries-plus,833660.0,"median, All Franchised Same Stores (490) - Table A-2 (490 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +baja-fresh,813419.0,"median, All franchised outlets (65 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +liberty-tax-service,139486.0,"median, 1,411 franchise-owned Liberty Tax offices operated during tax season 2025 and remained active into tax season 2026 (1,411 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +supercuts,297216.0,"median, TOTALS (1,661 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +take-5-oil-change,1271529.0,"median, 223 franchised Take 5 Oil Change Centers open at least 2 full years as of December 28, 2024 (223 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +ubreakifix-by-asurion,593881.02,"median, Stores that were Open 3+ years (as of 12/31/2025) (425 Stores) (425 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +dogtopia,915213.0,"median, Franchised Stores, open 24+ months as of 12/27/2025 (169 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +hand-and-stone-massage-and-facial-spa,1236266.0,"median, 570 Franchised Outlets open 12 months or more, Calendar Year 2025 (570 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +huntington-learning-centers,533106.0,"median, 232 franchised HLCs open all of 2025 (Mature Centers) (232 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +mathnasium,326428.0,"median, 914 franchised Mathnasium Centers open and operated by the same franchisee 12 months or longer as of December 31, 2025 (914 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +tuffy,1343137.0,"median, 59 franchised Tuffy Auto Service Centers in operation at least two full calendar years (as of December 31, 2024) with at least four bays (59 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +pet-supplies-plus,2496071.0,"median, Average of All Stores (347 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +the-joint,527787.0,"median, All 785 Franchised Clinics (785 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +applebee-s-neighborhood-grill-bar,2822904.0,"median, Traditional Franchised Restaurants - All Regions (1,351 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +vio-med-spa,1125341.0,"median, All Operational Franchise Outlets (51 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +ar-homes,18125591.0,"median, 29 of the 41 active franchised AR Homes Building Companies that closed a home in 2023 and reported full-year results (29 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +bella-bridesmaids,290315.0,"median, 41 franchised stores operational entire 2023 calendar year (41 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +gymguyz,130644.0,"median, 85 franchised outlets (85 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +a-better-solution-in-home-care,595052.0,"median, 23 (out of 28) franchisee-owned Agencies open 12 full calendar months as of December 31, 2025 (23 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +complete-weddings-events,208376.66,"median, Franchised businesses open the full 2025 calendar year (70 of 81; 7 opened in 2025 and 4 transferred excluded) (70 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +decorate-with-lights,30108.0,"median, All franchisees operating all of 2025 (system wide), per franchisee (18 owners; average 5.1 territories each)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +era-group,268982.0,"median, All Full-Time Regional Franchisees (18+ months operating) (86 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +cd-one-price-cleaners,1075802.0,"median, All 34 Revenue Reporting Plant Stores (34 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +discovery-map,53210.0,"median, franchises publishing map in fiscal year ending September 30, 2025, completed selling cycle, standard sizes (102 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." +atc-healthcare-services,1518641.0,"median, Reporting Franchises Open for 1-5 Years (14 franchises) (14 outlets)","Gross sales or total revenue; all-franchised cohort of 5+ outlets; median preferred; weekly/monthly figures annualized; company-owned, top-performer and ramp-up cohorts excluded." diff --git a/csv/fee_notes.csv b/csv/fee_notes.csv new file mode 100644 index 0000000000000000000000000000000000000000..5bd499f99071b4c98bbeb62ed02a558392f030f5 --- /dev/null +++ b/csv/fee_notes.csv @@ -0,0 +1,26 @@ +brand_slug,fee_notes +batteries-plus,"Single-unit Initial Franchise Fee is $49,500. Under a Multiple Unit Franchise Agreement, fees are $49,500 for the 1st store, $44,500 for the 2nd, $39,500 for the 3rd, and $34,500 for the 4th and subsequent stores. A $15,000 Multiple Unit Territory Fee per store is credited against future Initial Franchise Fees. A $10,000 discount is available for qualifying veterans, active/retired firefighters, police officers, EMT/paramedics, nurses, and teachers off the first store fee. Existing franchisees in good standing for 36+ months may open one additional store at a discounted Initial Franchise Fee of $15,000 (lowest possible value). All fees are non-refundable. Monthly technology fees total $1,098: Software Support $509, Omni-Channel Maintenance $200, Avalara Avatax $27, Payment Gateway $22, Salesforce.com CRM $80, Managed Security Services (PCI) $200 and RepairQ $60. The Minimum Store Promotion Requirement is a pro rata $20,000 in the first calendar year, then the greater of 4% of prior-year Net Revenues or $20,000 per year; a shortfall must be deposited with the franchisor. $20,000 is paid to the franchisor at store opening and applied to the Digital Marketing Contribution, which will not exceed the greater of 3% of Net Revenues or the Minimum Store Promotion Requirement." +baja-fresh,"Traditional Restaurant: $30,000 (first unit), reduced to $15,000 for second and subsequent traditional restaurants. Non-Traditional Restaurant: $20,000 (first unit), reduced to $10,000 for second and subsequent non-traditional restaurants. Eligible Military (active, active reserve, or honorably discharged) and federally recognized 501(c)(3) organizations receive a 20% discount on the Initial Franchise Fee. No refunds under any circumstances. Fee is waived for transfer or renewal signings. Franchisor may periodically reduce the fee for limited-time promotions. Technology fees are a $55 per month POS Help Desk fee plus a POS data polling fee of up to $75 per month." +liberty-tax-service,"Standard fee $25,000. Franchisor has offered franchises at reduced rates, including $0 in company store purchase programs. Royalty of 14% of Gross Receipts is subject to annual minimums: no minimum in year 1, $5,000 in year 2, $8,000 in year 3 and $11,000 in years 4 and 5. Any shortfall to the minimum is due May 5 for the twelve months ending April 30." +supercuts,"Supercuts uses a Development Fee structure in lieu of a separate Initial Franchise Fee for new franchisees (those signing after September 29, 2011). The Development Fee serves as full payment for development and franchise rights: $39,500 for a Single Salon, $69,500 for 3-Salon Fast Start, $99,500 for 6-Salon Fast Start, plus $10,000 for each additional Salon beyond 6. There is no separate Initial Franchise Fee charged under the Franchise Agreement for these new franchisees. Existing franchisees who signed before September 30, 2011 pay lower Development Fees ($10,000–$12,500 per Salon) and $0 Initial Franchise Fee. During the last fiscal year, Development Fees ranged from $0 to $39,500, reflecting possible waivers or reductions in unique situations." +take-5-oil-change,"The initial franchise fee is $45,000, payable in lump sum at signing of the Franchise Agreement, and is non-refundable. During fiscal year 2024, franchisees paid an initial franchise fee ranging from $0 to $35,000. For Area Development Agreements, the development fee is 50% of the aggregate initial franchise fees for all Centers in the development schedule, applied toward each Center's franchise fee at signing. Incentive programs may waive or reduce the fee or modify payment timing. Additional required fees at signing include a $3,000 Software Installation Fee, a $20,000 Grand Opening Contribution, FF&E Package ($29,497–$39,388), and Opening Inventory ($23,000–$35,000)." +ubreakifix-by-asurion,"First Franchise Agreement requires a $40,000 Initial Franchise Fee plus a $12,500 Initial Training Fee (both non-refundable). Second or subsequent Franchise Agreements carry a reduced Initial Franchise Fee of $25,000, with the Initial Training Fee potentially waived. The Initial Franchise Fee and/or Initial Training Fee may be waived for affiliate-executed agreements, conversions from independent repair stores, or purchases of existing affiliate-owned stores. Under an Area Development Agreement, the first store's Initial Franchise Fee is $40,000 and subsequent stores are $25,000 (with a $12,500-per-store Development Fee credited against subsequent fees). Low set to $25,000 (subsequent/reduced fee) and high set to $40,000 (first store standard fee), excluding the Initial Training Fee of $12,500 which is a separate required fee. Continuing Royalty is 7% of Non-Recommerce Revenue and 4% of Recommerce Revenue (Gross Sales from pre-owned mobile and other electronic devices), paid monthly. Technology and Customer Support Fee is 1% of Gross Sales, paid monthly with the royalty. Advertising Fee is up to 2% of Gross Sales once an Advertising Fund is established; as of December 31, 2025, franchisees were not required to contribute. A National Account Administrative Fee of up to 5% of Gross Sales from National Account services may be charged in addition to the royalty." +dogtopia,"Standard fee $49,500; 10% multi-unit discount to $44,550; veteran discount: $44,550 first Center or $40,095 subsequent Center. REAFC Fee additional $15,500-$44,500 depending on conversion/ownership status. Pre-opening tech fee $250/month; microsite setup $700 one-time." +hand-and-stone-massage-and-facial-spa,"Standard new franchisee fee is $49,500; existing franchisee additional units $39,500; VetFran 20% discount applies. In 2025 a conversion program waived fees for select conversions so fees ranged $0-$49,500. Area development minimum 3-spa package total $103,500 standard ($34,500/spa)." +huntington-learning-centers,"Standard fee $42,000. Multi-unit discount to $27,000 for 2nd+ units. Veteran discount to $31,500. Transfer fee $10,000 (IFF waived). Renewal fee $8,000 (IFF waived). MicroSchool amendment initial fee $10,000. During 2025, charged between $0 and $36,000. Advertising minimum: you must spend at least $57,000 per year on Huntington Services and eTutoring, including at least $2,000 each month, on top of the 2% Advertising Fund. CoOp fees average about $2,000 per month and are credited toward the advertising minimum. Call Center $415 per month plus $34.47 to $76.50 per academic evaluation, required for the whole term. Conference Services $315 per month, credited against usage charges, required. Marketing Communication Program spend of at least $100 per month. Required accounting and payroll software from the designated vendor costs $125 to $165 per month." +mathnasium,"Standard first-franchise fee $49,000; additional franchise or Center Director discount $26,500; transferee fee $7,000 (may be waived); veteran/educator discount 25% off first-center fee; development fee $75,500-$129,000 for 2-5 centers credited toward franchise fees. In 2025, fees paid ranged $0-$49,000. Royalty is 10% of monthly Gross Receipts; beginning in the 24th month of operation it is the greater of 10% or $1,500 per month. A Base Royalty of $650 per month is also payable, beginning 6 months after signing. Monthly Marketing Fee is $250 plus 2% of monthly Gross Receipts. A Digital and Local Marketing Fee of at least $1,000 per month is paid to the franchisor and credited against the local marketing requirement." +tuffy,"$30,000 standard fee; reduced fees for additional units ($25k/2nd, $20k/3rd, $15k/4th, $10k/5th+); area developers pay $5,000 per franchise opened; initial advertising fee $3,000-$15,000 additional" +pet-supplies-plus,"Single fee of $49,900; waived for approved conversions. Existing franchisees pay $35,000 for 2nd+ stores. Employees pay $10,000. VetFran 20% discount; First Responder 10% discount. Multi-Unit Fee: $49,900 for first store + $35,000 per additional store. Royalty is 2% of monthly Gross Sales for the first 12 months of operation and 3% after. Advertising in the first 12 months of operation is a fixed $4,350 per month: $3,350 Local Marketing Spend plus $1,000 to the National Advertising Fund. After the first 12 months, the advertising contribution is the lesser of 3.5% of Gross Sales or $8,333 per month, with 2/3 directed to Local Marketing Spend (remitted to a third-party vendor) and 1/3 to the National Advertising Fund. Advertising contributions are capped at $100,000 per store per year. Technology Fee is estimated at $925–$1,200 per month based on store build-out. Point of Sale equipment must be leased from the franchisor at an estimated $265–$340 per month." +the-joint,"Standard $39,900. 2025 Sales Incentive: Franchise Agreements signed in 2025 (through December 31, 2025) received an additional 50% discount off the initial franchise fee ($19,950 instead of $39,900). Veterans $6K discount ($33,900). Multi-clinic $10K discount per additional unit ($29,900). DC Path to Ownership $19,900 discount ($20,000). Non-combinable except 2025 Incentive. Local Advertising Commitment: the franchisee must spend the greater of 5% of Gross Sales or $3,000 per month on local advertising, paid to third parties and in addition to the Brand Fund Fee; compliance is measured on a rolling 6-month basis, and a shortfall may be charged at 10% of the deficiency, paid into the Brand Fund." +applebee-s-neighborhood-grill-bar,"Celebration prototype (current new-build design; none open yet): $3,192,516–$5,076,178, excluding real estate. The discontinued Tower II prototype costs $3,870,004–$5,822,933. A Dual Branded Restaurant (combined IHOP and Applebee's cost, by conversion or ground-up construction) costs $616,682–$4,632,445." +vio-med-spa,"Single-unit Franchise Agreement: $50,000 non-refundable. Multi-Unit Development Agreement adds $40,000 for second location, $33,000 for each additional (3-10 total). Local marketing spend must be at least 6% of monthly Gross Sales in months 1 through 24. After month 24 the minimum is 4% of Gross Sales in a calendar year that follows a year in which the Minimum Gross Sales Requirements were met ($750,000 in year 1, $1,000,000 in year 2, $1,250,000 in year 3 and each later year). The minimum is 2.5% of Gross Sales after a year with $3,000,000 in Gross Sales, and 1.5% after a year with $4,000,000. The minimum stays at 6% of Gross Sales in a year that follows a missed Minimum Gross Sales Requirement. A local marketing shortfall may have to be contributed to the Brand Development Fund." +ar-homes,"Royalty varies by product type (3.5%-4.25%). Minimum Annual Royalty set by mutual agreement. Brand Fund (marketing): 0.25% of Contract Sales, max $25,000/year, can increase to 1% with max $100,000. Item 6 prints the Technology Fee as ""currently $1,00 per month""; Franchise Agreement Section 6.1(d) states a monthly Technology Fee of $1,000, which covers up to 5 users. Additional users are $100 per user per month." +bella-bridesmaids,"First location $50,000 (nonrefundable). Subsequent locations in protected territory $10,000. Outside territory 75% of then-current fee. $10,000 security deposit also required. Systemwide Marketing Fund fee set by the location's previous year's sales: $1,000 per year up to $300,000, $1,500 per year for $300,000–$400,000, $2,000 per year for $400,000–$600,000, and 0.5% of monthly gross revenue above $600,000, paid in 12 equal monthly instalments." +gymguyz,"Base fee for 30,000-household territory. Additional $1.50/household for territories exceeding 30,000 (capped at 15,000 additional households). Discounts: $5,000 off for 2nd/3rd franchises or honorably discharged veterans (non-stackable). Excludes $11,500–$31,500 initial marketing fund and $0–$2,500 launch fund fee. Technology fee shown totals the $50 per two-week Technology Fee for a single unit (about $108 per month), the $375 per month POS System Fee (Mindbody), the $125 per month Microsite Fee (not to exceed $200 per microsite) and the $35 per month Hiring Platform Fee (plus tax), all paid to the franchisor. Search Engine Optimization Fee is $318 per month, paid to the franchisor. Telemarketing Fee is $299 per month, paid to the franchisor. VOIP Fee is $69 per month per line, paid to the franchisor. Social Media Posting Platform fee is currently $35 to $50 per month, not to exceed $100. The GYMGUYZ Training Application ($90 per month) is optional." +a-better-solution-in-home-care,"Base $55k uniformly imposed. Discounts available: $2,500 Franchise Expo, $10,000 senior-level employee, $5,000 qualified veteran; territorial: $30,000 for second territory, $20,000 for third and subsequent. Optional Licensing Assistance Fee $3,500; Optional Enhanced Support Services Fee $4,500. System Technology Fee $299 per month. SwyftOps software is required; its monthly fee, paid directly to SwyftOps and based on scheduled hours or active clients, currently averages about $100 to $700+ per month. Local advertising: you must spend the greater of 2% of Gross Revenues or $1,000 per month, in addition to the National Marketing Fee. The franchisor may direct up to 4% of Gross Revenues to a Local Marketing Cooperative." +complete-weddings-events,"Standard fee $50,000. Incentive program (by 3/31/2027): Option 1: $40,000 initial + 8% royalty; Option 2: $15,000 initial + 13% royalty until $800k cumulative receipts, then 8%. Failure to open triggers additional payments ($10k or $35k depending on option). Website, CRM and Technology Support Fee is currently $83 per week (capped at $300 per week) and Computer System Maintenance, Hosting and Licensing Fee is currently $55 per week, together $598 per month at 52/12; the Venue Website fee of $300 per year adds $25 per month. Participation in the National Sales Program is required: currently $100 per week (about $433 per month at 52/12) plus commissions of $65 per service sold, or 10% of the total booking if under $650; the weekly fee may rise to $250. Local advertising spend of 4% of Gross Receipts is required, and the Google Ads Program minimum of $87.50 per week ($37.50 of it a management fee) counts toward it." +decorate-with-lights,"2nd territory $7,500; larger territories at $1/home over 50,000. Non-refundable. Minimum local marketing spend of $12,500 for a single unit territory during the first full Peak Season. From the second calendar year of operation, the franchisee must spend annually the greater of 5% of Gross Sales or $15,000 on local advertising. Advertising Cooperative contributions (currently $0; up to $25,000 per calendar year) are credited toward the local advertising expenditure." +era-group,"Base fee is $69,900. VetFran® qualified veterans receive $5,000 discount ($64,900). Additional training fee: $10,000 per additional/substitute owner; $5,000 if spouse or immediate family member. Minimum Royalty Fee $1,051.65 per month for the first 36 months, then $1,314.56 per month for the rest of the initial term. Technology Fee $142.50 per month for the first 18 months, then $285 per month. National Conference Registration Fee currently $1,314.56 per attendee, payable in monthly installments whether or not you attend." +cd-one-price-cleaners,"Plant Store: $30,000. Satellite Store: $12,500 standard, $6,000 if signed in 2024 and opened by Dec 31, 2024 (Satellite Store Incentive Program). Qualified veterans: $0. Legacy Plant Store Renewal: $0. Development Rights Agreement: $5,000 per store (credited toward franchise fee). New Plant Stores must offer pickup and delivery (PUD) Services under the PUD Addendum. It adds a Technology Fee of 5% of Gross PUD Revenues, currently paid to affiliate COW. It also adds Marketing Fund contributions of 3.5% (Customer Acquisition) and 2% (Customer Development and Retention) of Gross PUD Revenues. The royalty and 3% Marketing Fund also apply to PUD revenue." +discovery-map,"Royalty 10% of printed advertising, 25% of website ads. Advertising 1% of gross sales. DPS fee $2,200/year." +atc-healthcare-services,"Standard fee $50,000; military veteran/active duty discount 25% ($37,500); last fiscal year collected $30,000-$50,000. Multiple unit packages: $50,000 first unit + $37,500 per additional unit. Royalty Fee is 45% of gross margin on temporary and temp-to-hire placement revenue and 15% of gross margin on permanent placement revenue, where gross margin is Total Revenue less Direct Costs. Conversion franchises pay 35% of gross margin on existing business for the first two years, then 45%. Minimum royalty, assessed quarterly: $12,000 in year 1 ($6,000 in each of quarters 3 and 4), $100,000 in year 2, $150,000 in year 3, $200,000 in year 4, $210,000 in year 5, $220,500 in year 6, $231,524 in year 7, $243,100 in year 8, $255,256 in year 9 and $268,016 in year 10. Technology Fee $1,500-$3,000 per month. Brand Development Fee of up to 1% of Total Revenue is reserved; the fund was not established as of September 30, 2025." diff --git a/csv/fees.csv b/csv/fees.csv new file mode 100644 index 0000000000000000000000000000000000000000..c4a43b9daadb36536a6f47cec94c794d5ca5798c --- /dev/null +++ b/csv/fees.csv @@ -0,0 +1,26 @@ +brand_slug,initial_fee_low_usd,initial_fee_high_usd,royalty_pct,royalty_min_monthly_usd,marketing_fee_pct,marketing_min_monthly_usd,tech_fee_monthly_usd,total_investment_low_usd,total_investment_high_usd,liquid_capital_usd,net_worth_usd +batteries-plus,15000,49500,5,,1,,1098,284786,536636,100000, +baja-fresh,10000,30000,5,,3,,130,428560,1034290,, +liberty-tax-service,25000,25000,14,,5,,,49700,71400,, +supercuts,39500,39500,6,,5,,,185930,323460,, +take-5-oil-change,45000,45000,7,,5,,249,912248,2053642,, +ubreakifix-by-asurion,25000,40000,7,,0,,,171350,468150,, +dogtopia,40095,49500,7,,2,,899,664355,1478820,, +hand-and-stone-massage-and-facial-spa,49500,49500,6,,1,,761,320891,864729,, +huntington-learning-centers,42000,42000,9.5,2000,2,500,1375,191992,340632,, +mathnasium,49000,49000,10,1500,2,,266,127316,165846,, +tuffy,30000,30000,5,,5,,,222000,723500,, +pet-supplies-plus,49900,49900,3,,3.5,,,540520,1975005,, +the-joint,39900,39900,7,700,2,,599,245250,543000,, +applebee-s-neighborhood-grill-bar,35000,50000,4,,4.25,,,3192516,5076178,, +vio-med-spa,50000,50000,6,,1.5,,200,642722,1109954,, +ar-homes,65000,65000,3.5,,0.25,,1000,535000,2190000,, +bella-bridesmaids,50000,50000,4,600,,,125,102900,262000,, +gymguyz,49500,49500,7,650,2,87,643,92100,174000,, +a-better-solution-in-home-care,55000,55000,5,1000,1,250,399,126890,235350,, +complete-weddings-events,15000,50000,8,,2,,623,68800,80750,, +decorate-with-lights,10000,10000,8,,2,,,36200,70450,, +era-group,64900,69900,15,1051.65,3,,142.5,76000,105900,, +cd-one-price-cleaners,6000,30000,6.5,,3,,,903225,1351850,, +discovery-map,25000,25000,10,,1,,,29250,36300,, +atc-healthcare-services,30000,50000,,,0,,,158500,302500,, diff --git a/csv/item19_figures.csv b/csv/item19_figures.csv new file mode 100644 index 0000000000000000000000000000000000000000..d4b71eafaf930586b52a7875233a6552ad6eece7 --- /dev/null +++ b/csv/item19_figures.csv @@ -0,0 +1,389 @@ +brand_slug,metric,metric_label,cohort,cohort_label,outlet_count,period,year,unit_period,scope,avg_value,median_value,min_value,max_value,fdd_page +batteries-plus,other,Merchandise Margin Percentage (Retail and Commercial),all_franchised,"490 Same Stores (franchised-owned, open at least 308 days, January 1, 2025 through November 2, 2025)",490,"January 1, 2025 to December 31, 2025",2025,,franchisee,51,,,,53 +batteries-plus,other,Merchandise Margin Percentage - Retail,all_franchised,"All Stores (490 franchised-owned), Retail customers",490,"January 1, 2025 to December 31, 2025",2025,,franchisee,60,,,,54 +batteries-plus,other,Merchandise Margin Percentage - Commercial,all_franchised,"All Stores (490 franchised-owned), Commercial customers",490,"January 1, 2025 to December 31, 2025",2025,,franchisee,38,,,,54 +batteries-plus,other,Percentage of Net Revenue - Retail,all_franchised,"All Stores (490 franchised-owned), Retail customers",490,"January 1, 2025 to December 31, 2025",2025,,franchisee,58,,,,54 +batteries-plus,other,Percentage of Net Revenue - Commercial,all_franchised,"All Stores (490 franchised-owned), Commercial customers",490,"January 1, 2025 to December 31, 2025",2025,,franchisee,42,,,,54 +batteries-plus,total_revenue,Average Net Revenue (More than 35% of Total Net Revenue is Commercial Sales),other,More than 35% of Total Net Revenue is Commercial Sales (268 Same Stores),268,"September 1, 2024 to August 31, 2025",2025,annual,franchisee,1052912,925171,407996,7352102,55 +batteries-plus,total_revenue,Average Net Revenue (Less than or equal to 35% of Total Net Revenue is Commercial Sales),other,Less than or equal to 35% of Total Net Revenue is Commercial Sales (222 Same Stores),222,"September 1, 2024 to August 31, 2025",2025,annual,franchisee,836173,741881,414143,3076869,55 +batteries-plus,total_revenue,Average Net Revenue (More than $1.50 Average Add on Margin per Transaction),other,More than $1.50 Average Add on Margin per Transaction (174 Same Stores),174,"September 1, 2024 to August 31, 2025",2025,annual,franchisee,1108829,951211,407996,7352102,55 +batteries-plus,total_revenue,Average Net Revenue (Less than or equal to $1.50 Average Add on Margin per Transaction),other,Less than or equal to $1.50 Average Add on Margin per Transaction (316 Same Stores),316,"September 1, 2024 to August 31, 2025",2025,annual,franchisee,869857,751166,414143,3566005,55 +batteries-plus,average_ticket,Average Retail Sales Ticket Amount,all_franchised,"490 Same Stores, Retail customers",490,"January 1, 2025 to December 31, 2025",2025,,franchisee,54.4,53.6,,,55 +batteries-plus,average_ticket,Average Commercial Sales Ticket Amount,all_franchised,"490 Same Stores, Commercial customers",490,"January 1, 2025 to December 31, 2025",2025,,franchisee,297.98,250.89,,,55 +batteries-plus,average_ticket,Average Total Sales Ticket Amount,all_franchised,"490 Same Stores, Retail and Commercial combined",490,"January 1, 2025 to December 31, 2025",2025,,franchisee,82.58,76.46,,,55 +batteries-plus,total_revenue,"Average Net Revenue - Commercial Sales Focused Stores, Top 10%",performance_anchored,Top 10% of 282 Franchised Commercial Sales Focused Same Stores,28,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,2360651,2012819,1684040,7352102,56 +batteries-plus,total_revenue,"Average Net Revenue - Commercial Sales Focused Stores, Top 25%",performance_anchored,Top 25% of 282 Franchised Commercial Sales Focused Same Stores,70,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1793046,1572375,1229337,7352102,56 +batteries-plus,total_revenue,"Average Net Revenue - Commercial Sales Focused Stores, Top 50%",performance_anchored,Top 50% of 282 Franchised Commercial Sales Focused Same Stores,141,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1424337,1217407,935549,7352102,56 +batteries-plus,total_revenue,"Average Net Revenue - Commercial Sales Focused Stores, Top 75%",performance_anchored,Top 75% of 282 Franchised Commercial Sales Focused Same Stores,211,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1216740,1047885,667588,7352102,56 +batteries-plus,total_revenue,"Average Net Revenue - Commercial Sales Focused Stores, Bottom 10%",performance_anchored,Bottom 10% of 282 Franchised Commercial Sales Focused Same Stores,28,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,486571,485664,407996,554257,56 +batteries-plus,total_revenue,"Average Net Revenue - Commercial Sales Focused Stores, Bottom 25%",performance_anchored,Bottom 25% of 282 Franchised Commercial Sales Focused Same Stores,70,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,558604,570483,407996,662011,56 +batteries-plus,total_revenue,"Average Net Revenue - Commercial Sales Focused Stores, Bottom 50%",performance_anchored,Bottom 50% of 282 Franchised Commercial Sales Focused Same Stores,141,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,682408,667588,407996,931080,56 +batteries-plus,total_revenue,"Average Net Revenue - Commercial Sales Focused Stores, Bottom 75%",performance_anchored,Bottom 75% of 282 Franchised Commercial Sales Focused Same Stores,211,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,809141,825484,407996,1217407,56 +batteries-plus,total_revenue,"Average Net Revenue - Commercial Sales Focused Stores, All Stores",other,All 282 Franchised Commercial Sales Focused Same Stores,282,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1053373,933315,407996,7352102,56 +batteries-plus,total_revenue,"Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Top 10%",performance_anchored,Top 10% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused),20,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1657416,1447666,1319452,3076869,57 +batteries-plus,total_revenue,"Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Top 25%",performance_anchored,Top 25% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused),52,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1334258,1241737,990415,3076869,57 +batteries-plus,total_revenue,"Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Top 50%",performance_anchored,Top 50% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused),104,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1081528,981471,711518,3076869,57 +batteries-plus,total_revenue,"Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Top 75%",performance_anchored,Top 75% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused),156,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,931955,816925,572615,3076869,57 +batteries-plus,total_revenue,"Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Bottom 10%",performance_anchored,Bottom 10% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused),20,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,440952,438916,414143,474660,57 +batteries-plus,total_revenue,"Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Bottom 25%",performance_anchored,Bottom 25% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused),52,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,487980,485044,414143,564948,57 +batteries-plus,total_revenue,"Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Bottom 50%",performance_anchored,Bottom 50% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused),104,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,560393,568782,414143,710807,57 +batteries-plus,total_revenue,"Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Bottom 75%",performance_anchored,Bottom 75% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused),156,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,649862,627908,414143,972527,57 +batteries-plus,total_revenue,"Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), All Stores",other,All 208 Remaining Franchised Same Stores (Not Commercial Sales Focused),208,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,820961,711163,414143,3076869,57 +batteries-plus,total_revenue,"Average Net Revenue - Corporate Stores, Top Quartile",performance_anchored,Top Quartile of 133 Corporate Stores (Table A-1),33,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1647392,1463386,1203909,3522307,58 +batteries-plus,total_revenue,"Average Net Revenue - Corporate Stores, Second Quartile",performance_anchored,Second Quartile of 133 Corporate Stores (Table A-1),33,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1055834,1036367,963944,1190202,58 +batteries-plus,total_revenue,"Average Net Revenue - Corporate Stores, Third Quartile",performance_anchored,Third Quartile of 133 Corporate Stores (Table A-1),33,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,881298,883737,796514,954213,58 +batteries-plus,total_revenue,"Average Net Revenue - Corporate Stores, Bottom Quartile",performance_anchored,Bottom Quartile of 133 Corporate Stores (Table A-1),34,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,668554,694131,507509,790844,58 +batteries-plus,total_revenue,Average Net Revenue - All Corporate Stores,all_company_owned,All Corporate Stores (133) - Table A-1,133,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1060302,954213,507509,3522307,58 +batteries-plus,total_revenue,"Average Net Revenue - Franchised Same Stores, Top Quartile",performance_anchored,Top Quartile of 490 Franchised Same Stores (Table A-2),122,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1614404,1418220,1125793,7352102,58 +batteries-plus,total_revenue,"Average Net Revenue - Franchised Same Stores, Second Quartile",performance_anchored,Second Quartile of 490 Franchised Same Stores (Table A-2),123,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,972577,967308,834301,1123571,58 +batteries-plus,total_revenue,"Average Net Revenue - Franchised Same Stores, Third Quartile",performance_anchored,Third Quartile of 490 Franchised Same Stores (Table A-2),123,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,712840,706111,613718,833020,58 +batteries-plus,total_revenue,"Average Net Revenue - Franchised Same Stores, Bottom Quartile",performance_anchored,Bottom Quartile of 490 Franchised Same Stores (Table A-2),122,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,520881,524436,407996,610504,58 +batteries-plus,total_revenue,Average Net Revenue - All Franchised Same Stores (Table A-2),all_franchised,All Franchised Same Stores (490) - Table A-2,490,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,833660,833660,407996,7352102,58 +batteries-plus,total_revenue,"Average Net Revenue - Corporate and Franchised Same Stores, Top Quartile",performance_anchored,Top Quartile of 623 Combined Corporate and Franchised Same Stores (Table A-3),155,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1622330,1423556,1145971,7352102,59 +batteries-plus,total_revenue,"Average Net Revenue - Corporate and Franchised Same Stores, Second Quartile",performance_anchored,Second Quartile of 623 Combined Corporate and Franchised Same Stores (Table A-3),156,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,997576,995963,875976,1143246,59 +batteries-plus,total_revenue,"Average Net Revenue - Corporate and Franchised Same Stores, Third Quartile",performance_anchored,Third Quartile of 623 Combined Corporate and Franchised Same Stores (Table A-3),156,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,754022,748294,639505,872724,59 +batteries-plus,total_revenue,"Average Net Revenue - Corporate and Franchised Same Stores, Bottom Quartile",performance_anchored,Bottom Quartile of 623 Combined Corporate and Franchised Same Stores (Table A-3),156,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,539235,554407,407996,637340,59 +batteries-plus,total_revenue,Average Net Revenue - All Corporate and Franchised Stores (Table A-3),other,All Corporate and Franchised Same Stores (623) - Table A-3,623,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,977257,872724,407996,7352102,59 +batteries-plus,total_revenue,"Average Net Revenue - Corporate Stores, Top Third",performance_anchored,Top Third of 133 Corporate Stores (Table B-1),44,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1517987,1296378,1089544,3522307,59 +batteries-plus,total_revenue,"Average Net Revenue - Corporate Stores, Middle Third",performance_anchored,Middle Third of 133 Corporate Stores (Table B-1),44,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,964630,959079,855823,1086020,59 +batteries-plus,total_revenue,"Average Net Revenue - Corporate Stores, Bottom Third",performance_anchored,Bottom Third of 133 Corporate Stores (Table B-1),45,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,706333,715969,507509,854144,59 +batteries-plus,total_revenue,Average Net Revenue - All Corporate Stores (Table B-1),all_company_owned,All Corporate Stores (133) - Table B-1,133,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1060302,954213,507509,3522307,59 +batteries-plus,total_revenue,"Average Net Revenue - Franchised Same Stores, Top Third",performance_anchored,Top Third of 490 Franchised Same Stores (Table B-2),163,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1478088,1285722,1014707,7352102,59 +batteries-plus,total_revenue,"Average Net Revenue - Franchised Same Stores, Middle Third",performance_anchored,Middle Third of 490 Franchised Same Stores (Table B-2),164,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,836133,833660,670374,1014285,59 +batteries-plus,total_revenue,"Average Net Revenue - Franchised Same Stores, Bottom Third",performance_anchored,Bottom Third of 490 Franchised Same Stores (Table B-2),163,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,550655,561674,407996,669470,59 +batteries-plus,total_revenue,Average Net Revenue - All Franchised Same Stores (Table B-2),all_franchised,All Franchised Same Stores (490) - Table B-2,490,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,954716,833660,407996,7352102,59 +batteries-plus,total_revenue,"Average Net Revenue - Corporate and Franchised Same Stores, Top Third (Table B-2/B-3)",performance_anchored,Top Third of 623 Combined Corporate and Franchised Same Stores (Table B-2 Corporate and Franchised),207,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1487888,1287770,1033513,7352102,60 +batteries-plus,total_revenue,"Average Net Revenue - Corporate and Franchised Same Stores, Middle Third",performance_anchored,Middle Third of 623 Combined Corporate and Franchised Same Stores,208,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,872795,874350,710807,1031004,60 +batteries-plus,total_revenue,"Average Net Revenue - Corporate and Franchised Same Stores, Bottom Third",performance_anchored,Bottom Third of 623 Combined Corporate and Franchised Same Stores,208,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,573542,579869,407996,710643,60 +batteries-plus,total_revenue,Average Net Revenue - All Corporate and Franchised Stores (Table B combined),other,All Corporate and Franchised Same Stores (623) - Table B combined,623,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,977257,872724,407996,7352102,60 +batteries-plus,total_revenue,"Average Net Revenue - Corporate Stores, Top 10% (Table C-1)",performance_anchored,Top 10% of 133 Corporate Stores (Table C-1),13,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,2130083,1949909,1638069,3522307,60 +batteries-plus,total_revenue,"Average Net Revenue - Corporate Stores, Top 25% (Table C-1)",performance_anchored,Top 25% of 133 Corporate Stores (Table C-1),33,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1647392,1463386,1203909,3522307,60 +batteries-plus,total_revenue,"Average Net Revenue - Corporate Stores, Top 50% (Table C-1)",performance_anchored,Top 50% of 133 Corporate Stores (Table C-1),66,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1351613,1197056,963944,3522307,60 +batteries-plus,total_revenue,"Average Net Revenue - Corporate Stores, Top 75% (Table C-1)",performance_anchored,Top 75% of 133 Corporate Stores (Table C-1),99,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1194842,1036367,796514,3522307,60 +batteries-plus,total_revenue,"Average Net Revenue - Corporate Stores, Bottom 10% (Table C-1)",performance_anchored,Bottom 10% of 133 Corporate Stores (Table C-1),13,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,573573,576376,507509,653812,60 +batteries-plus,total_revenue,"Average Net Revenue - Corporate Stores, Bottom 25% (Table C-1)",performance_anchored,Bottom 25% of 133 Corporate Stores (Table C-1),33,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,664848,690051,507509,786155,60 +batteries-plus,total_revenue,"Average Net Revenue - Corporate Stores, Bottom 50% (Table C-1)",performance_anchored,Bottom 50% of 133 Corporate Stores (Table C-1),66,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,770598,788499,507509,953313,60 +batteries-plus,total_revenue,"Average Net Revenue - Corporate Stores, Bottom 75% (Table C-1)",performance_anchored,Bottom 75% of 133 Corporate Stores (Table C-1),99,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,863293,883632,507509,1180945,60 +batteries-plus,total_revenue,Average Net Revenue - All Corporate Stores (Table C-1),all_company_owned,All Corporate Stores (133) - Table C-1,133,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1044609,938246,473903,3511841,60 +batteries-plus,total_revenue,"Average Net Revenue - Franchised Stores, Top 10% (Table C-2)",performance_anchored,Top 10% of 490 Franchised Same Stores (Table C-2),49,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,2103785,1886367,1497970,7352102,60 +batteries-plus,total_revenue,"Average Net Revenue - Franchised Stores, Top 25% (Table C-2)",performance_anchored,Top 25% of 490 Franchised Same Stores (Table C-2),122,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1614404,1418220,1125793,7352102,61 +batteries-plus,total_revenue,"Average Net Revenue - Franchised Stores, Top 50% (Table C-2)",performance_anchored,Top 50% of 490 Franchised Same Stores (Table C-2),245,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1292180,1123571,834301,7352102,61 +batteries-plus,total_revenue,"Average Net Revenue - Franchised Stores, Top 75% (Table C-2)",performance_anchored,Top 75% of 490 Franchised Same Stores (Table C-2),368,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1098542,966208,613718,7352102,61 +batteries-plus,total_revenue,"Average Net Revenue - Franchised Stores, Bottom 10% (Table C-2)",performance_anchored,Bottom 10% of 490 Franchised Same Stores (Table C-2),49,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,459483,463632,407996,501961,61 +batteries-plus,total_revenue,"Average Net Revenue - Franchised Stores, Bottom 25% (Table C-2)",performance_anchored,Bottom 25% of 490 Franchised Same Stores (Table C-2),122,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,520881,524436,407996,610504,61 +batteries-plus,total_revenue,"Average Net Revenue - Franchised Stores, Bottom 50% (Table C-2)",performance_anchored,Bottom 50% of 490 Franchised Same Stores (Table C-2),245,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,617252,524436,407996,833020,61 +batteries-plus,total_revenue,"Average Net Revenue - Franchised Stores, Bottom 75% (Table C-2)",performance_anchored,Bottom 75% of 490 Franchised Same Stores (Table C-2),368,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,736016,706172,407996,1123571,61 +batteries-plus,total_revenue,Average Net Revenue - All Franchised Stores (Table C-2),all_franchised,All Franchised Same Stores (490) - Table C-2,490,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,954716,833660,407996,7352102,61 +batteries-plus,total_revenue,"Average Net Revenue - Corporate and Franchised Stores, Top 10% (Table C-3)",performance_anchored,Top 10% of 623 Combined Corporate and Franchised Same Stores (Table C-3),62,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,2111304,1923513,1512309,7352102,61 +batteries-plus,total_revenue,"Average Net Revenue - Corporate and Franchised Stores, Top 25% (Table C-3)",performance_anchored,Top 25% of 623 Combined Corporate and Franchised Same Stores (Table C-3),155,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1622330,1423556,1145971,7352102,61 +batteries-plus,total_revenue,"Average Net Revenue - Corporate and Franchised Stores, Top 50% (Table C-3)",performance_anchored,Top 50% of 623 Combined Corporate and Franchised Same Stores (Table C-3),311,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1308949,1143246,875976,7352102,61 +batteries-plus,total_revenue,"Average Net Revenue - Corporate and Franchised Stores, Top 75% (Table C-3)",performance_anchored,Top 75% of 623 Combined Corporate and Franchised Same Stores (Table C-3),473,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1117381,994087,631111,7352102,61 +batteries-plus,total_revenue,"Average Net Revenue - Corporate and Franchised Stores, Bottom 10% (Table C-3)",performance_anchored,Bottom 10% of 623 Combined Corporate and Franchised Same Stores (Table C-3),62,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,470253,474728,407996,523213,61 +batteries-plus,total_revenue,"Average Net Revenue - Corporate and Franchised Stores, Bottom 25% (Table C-3)",performance_anchored,Bottom 25% of 623 Combined Corporate and Franchised Same Stores (Table C-3),155,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,538602,554257,407996,636950,61 +batteries-plus,total_revenue,"Average Net Revenue - Corporate and Franchised Stores, Bottom 50% (Table C-3)",performance_anchored,Bottom 50% of 623 Combined Corporate and Franchised Same Stores (Table C-3),311,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,645901,637340,407996,870343,61 +batteries-plus,total_revenue,"Average Net Revenue - Corporate and Franchised Stores, Bottom 75% (Table C-3)",performance_anchored,Bottom 75% of 623 Combined Corporate and Franchised Same Stores (Table C-3),467,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,762798,747067,407996,1131156,61 +batteries-plus,total_revenue,Average Net Revenue - All Corporate and Franchised Stores (Table C-3),other,All Corporate and Franchised Same Stores (623) - Table C-3,623,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,977257,872724,407996,7352102,61 +batteries-plus,total_revenue,"Net Revenue - Company-Owned Stores, Top Third by EBITDA",performance_anchored,Top Third of Company-Owned Stores by EBITDA (44 stores),44,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1469998,,,,62 +batteries-plus,gross_profit,"Gross Profit Margin - Company-Owned Stores, Top Third by EBITDA",performance_anchored,Top Third of Company-Owned Stores by EBITDA (44 stores),44,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,773612,,,,62 +batteries-plus,ebitda,"EBITDA - Company-Owned Stores, Top Third by EBITDA",performance_anchored,Top Third of Company-Owned Stores by EBITDA (44 stores),44,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,252887,211223,211223,769031,62 +batteries-plus,total_revenue,"Net Revenue - Company-Owned Stores, Middle Third by EBITDA",performance_anchored,Middle Third of Company-Owned Stores by EBITDA (44 stores),44,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,962112,,,,62 +batteries-plus,gross_profit,"Gross Profit Margin - Company-Owned Stores, Middle Third by EBITDA",performance_anchored,Middle Third of Company-Owned Stores by EBITDA (44 stores),44,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,490083,,,,62 +batteries-plus,ebitda,"EBITDA - Company-Owned Stores, Middle Third by EBITDA",performance_anchored,Middle Third of Company-Owned Stores by EBITDA (44 stores),44,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,100468,102339,56696,128070,62 +batteries-plus,total_revenue,"Net Revenue - Company-Owned Stores, Bottom Third by EBITDA",performance_anchored,Bottom Third of Company-Owned Stores by EBITDA (45 stores),45,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,759408,,,,62 +batteries-plus,gross_profit,"Gross Profit Margin - Company-Owned Stores, Bottom Third by EBITDA",performance_anchored,Bottom Third of Company-Owned Stores by EBITDA (45 stores),45,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,367641,,,,62 +batteries-plus,ebitda,"EBITDA - Company-Owned Stores, Bottom Third by EBITDA",performance_anchored,Bottom Third of Company-Owned Stores by EBITDA (45 stores),45,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,13945,14815,-98635,56063,62 +batteries-plus,total_revenue,Net Revenue - All Company-Owned Stores by EBITDA,all_company_owned,All Company-Owned Stores by EBITDA (133 stores),133,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1061550,,,,62 +batteries-plus,gross_profit,Gross Profit Margin - All Company-Owned Stores,all_company_owned,All Company-Owned Stores by EBITDA (133 stores),133,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,545499,,,,62 +batteries-plus,ebitda,EBITDA - All Company-Owned Stores,all_company_owned,All Company-Owned Stores by EBITDA (133 stores),133,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,121618,101618,-98635,769031,62 +batteries-plus,total_revenue,Net Revenue - All Corporate Stores (Annual = sum of 2025 monthly averages),all_company_owned,All 133 Corporate Stores - Monthly Detail (Annual Sum),133,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,1061963,,,,63 +batteries-plus,ebitda,EBITDA - All Corporate Stores (Annual = sum of 2025 monthly averages),all_company_owned,All 133 Corporate Stores - Monthly Detail (Annual Sum),133,"January 1, 2025 to December 31, 2025",2025,annual,franchisee,116078,,,,63 +baja-fresh,gross_sales,Average Gross Sales / Median Gross Sales,all_franchised,All franchised outlets,65,"December 1, 2024 through November 30, 2025",2025,annual,franchisee,822568,813419,,,83 +baja-fresh,gross_sales,Average Gross Sales / Median Gross Sales,performance_anchored,Top 20% franchised outlets,13,"December 1, 2024 through November 30, 2025",2025,annual,franchisee,1283451,1222206,,,83 +baja-fresh,gross_sales,Average Gross Sales / Median Gross Sales,performance_anchored,Bottom 20% franchised outlets,13,"December 1, 2024 through November 30, 2025",2025,annual,franchisee,359747,406368,,,83 +liberty-tax-service,total_revenue,Net Fees,all_franchised,"1,411 franchise-owned Liberty Tax offices operated during tax season 2025 and remained active into tax season 2026",1411,"Tax season 2025 (January 1 - December 31, 2025)",2025,annual,,164860,139486,5306,1145331, +liberty-tax-service,transactions,Returns (Federal Tax Returns transmitted),all_franchised,"1,411 franchise-owned Liberty Tax offices operated during tax season 2025 and remained active into tax season 2026",1411,"Tax season 2025 (January 1 - December 31, 2025)",2025,,,586,494,25,4729, +supercuts,gross_sales,Average Gross Sales / Median Gross Sales / Max Gross Sales / Min Gross Sales,performance_anchored,Top,553,"Fiscal Year 2024-2025 (July 1, 2024 through June 30, 2025)",2025,annual,franchisee,478554,438149,356437,1199963,66 +supercuts,gross_sales,Average Gross Sales / Median Gross Sales / Max Gross Sales / Min Gross Sales,performance_anchored,Mid,554,"Fiscal Year 2024-2025 (July 1, 2024 through June 30, 2025)",2025,annual,franchisee,300051,297217,250731,356384,66 +supercuts,gross_sales,Average Gross Sales / Median Gross Sales / Max Gross Sales / Min Gross Sales,performance_anchored,Bottom,554,"Fiscal Year 2024-2025 (July 1, 2024 through June 30, 2025)",2025,annual,franchisee,188594,195944,35691,250421,67 +supercuts,gross_sales,Average Gross Sales / Median Gross Sales / Max Gross Sales / Min Gross Sales,all_franchised,TOTALS,1661,"Fiscal Year 2024-2025 (July 1, 2024 through June 30, 2025)",2025,annual,franchisee,322306,297216,35691,1199963,67 +take-5-oil-change,gross_sales,Gross Sales,all_company_owned,"298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average)",298,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,annual,franchisee,1384790,1327808,190365,3474051,82 +take-5-oil-change,other,COGS,all_company_owned,"298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average)",298,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,annual,franchisee,386993,375891,,,82 +take-5-oil-change,gross_profit,Gross Profit,all_company_owned,"298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average)",298,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,annual,franchisee,997797,951917,,,82 +take-5-oil-change,other,Payroll,all_company_owned,"298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average)",298,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,annual,franchisee,277251,265871,,,82 +take-5-oil-change,other,Marketing Fund,all_company_owned,"298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average)",298,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,annual,franchisee,69240,66390,,,82 +take-5-oil-change,other,Misc. Variable,all_company_owned,"298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average)",298,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,annual,franchisee,88195,80629,,,82 +take-5-oil-change,other,Total Variable Expenses,all_company_owned,"298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average)",298,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,annual,franchisee,434685,412890,,,82 +take-5-oil-change,occupancy_pct,Occupancy,all_company_owned,"298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average)",298,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,annual,franchisee,95193,97119,,,82 +take-5-oil-change,other,Insurance,all_company_owned,"298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average)",298,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,annual,franchisee,8783,8783,,,82 +take-5-oil-change,other,Total Fixed Expenses,all_company_owned,"298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average)",298,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,annual,franchisee,103976,105901,,,82 +take-5-oil-change,other,Royalty Fee,all_company_owned,"298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average)",298,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,annual,franchisee,96935,92947,,,82 +take-5-oil-change,ebitda,4-Wall EBITDA,all_company_owned,"298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average)",298,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,annual,franchisee,362201,340178,,,82 +take-5-oil-change,gross_sales,Gross Sales,performance_anchored,Bottom 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales,149,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,annual,franchisee,931354,949290,190365,1327689,83 +take-5-oil-change,gross_sales,Gross Sales,performance_anchored,Top 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales,149,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,annual,franchisee,1838227,1703407,1327927,3474051,83 +take-5-oil-change,ebitda,4-Wall EBITDA,performance_anchored,Bottom 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales,149,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,annual,franchisee,162874,,,,83 +take-5-oil-change,ebitda,4-Wall EBITDA,performance_anchored,Top 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales,149,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,annual,franchisee,561527,,,,83 +take-5-oil-change,gross_sales,Gross Sales - Year 1,all_franchised,"293 franchised Take 5 Oil Change Centers - Year 1 (opened December 28, 2019 through December 30, 2023)",293,Year 1 of operation (franchisees opened 2020-2023 fiscal years),2020,annual,ramp-snapshot,901665,865488,255888,2076227,87 +take-5-oil-change,gross_sales,Gross Sales - Year 2,all_franchised,"193 franchised Take 5 Oil Change Centers - Year 2 (opened December 28, 2019 through December 30, 2023)",193,Year 2 of operation (franchisees opened 2020-2023 fiscal years),2020,annual,ramp-snapshot,1133199,1118116,303893,2228401,87 +take-5-oil-change,gross_sales,Gross Sales - Year 3,all_franchised,"102 franchised Take 5 Oil Change Centers - Year 3 (opened December 28, 2019 through December 30, 2023)",102,Year 3 of operation (franchisees opened 2020-2023 fiscal years),2020,annual,ramp-snapshot,1333101,1275933,377130,2829308,87 +take-5-oil-change,transactions,CPD (Cars Per Day) - Year 1,all_franchised,"293 franchised Take 5 Oil Change Centers - Year 1 (opened December 28, 2019 through December 30, 2023)",293,Year 1 of operation (franchisees opened 2020-2023 fiscal years),2020,daily,ramp-snapshot,28,27,10,74,87 +take-5-oil-change,transactions,CPD (Cars Per Day) - Year 2,all_franchised,"193 franchised Take 5 Oil Change Centers - Year 2 (opened December 28, 2019 through December 30, 2023)",193,Year 2 of operation (franchisees opened 2020-2023 fiscal years),2020,daily,ramp-snapshot,33,31,10,81,87 +take-5-oil-change,transactions,CPD (Cars Per Day) - Year 3,all_franchised,"102 franchised Take 5 Oil Change Centers - Year 3 (opened December 28, 2019 through December 30, 2023)",102,Year 3 of operation (franchisees opened 2020-2023 fiscal years),2020,daily,ramp-snapshot,36,34,10,79,87 +take-5-oil-change,gross_sales,"Gross Sales - Year 1 by Population Group: Less than 20,000",other,"Year 1 franchised centers in Population Group: Less than 20,000 residents within 3-mile radius",29,Year 1 of operation (franchisees opened 2020-2023 fiscal years),2020,annual,ramp-snapshot,841722,800282,411353,1770189,88 +take-5-oil-change,gross_sales,"Gross Sales - Year 1 by Population Group: 20,001 - 30,000",other,"Year 1 franchised centers in Population Group: 20,001 - 30,000 residents within 3-mile radius",42,Year 1 of operation (franchisees opened 2020-2023 fiscal years),2020,annual,ramp-snapshot,891697,861505,355776,1651717,88 +take-5-oil-change,gross_sales,"Gross Sales - Year 1 by Population Group: 30,001 - 40,000",other,"Year 1 franchised centers in Population Group: 30,001 - 40,000 residents within 3-mile radius",51,Year 1 of operation (franchisees opened 2020-2023 fiscal years),2020,annual,ramp-snapshot,882652,837354,523952,1728853,88 +take-5-oil-change,gross_sales,"Gross Sales - Year 1 by Population Group: 40,001 - 50,000",other,"Year 1 franchised centers in Population Group: 40,001 - 50,000 residents within 3-mile radius",43,Year 1 of operation (franchisees opened 2020-2023 fiscal years),2020,annual,ramp-snapshot,951486,899458,326860,2076227,88 +take-5-oil-change,gross_sales,"Gross Sales - Year 1 by Population Group: 50,001 - 60,000",other,"Year 1 franchised centers in Population Group: 50,001 - 60,000 residents within 3-mile radius",24,Year 1 of operation (franchisees opened 2020-2023 fiscal years),2020,annual,ramp-snapshot,1033055,979989,519113,1698963,88 +take-5-oil-change,gross_sales,"Gross Sales - Year 1 by Population Group: 60,001 - 70,000",other,"Year 1 franchised centers in Population Group: 60,001 - 70,000 residents within 3-mile radius",31,Year 1 of operation (franchisees opened 2020-2023 fiscal years),2020,annual,ramp-snapshot,821309,739039,435871,1809743,88 +take-5-oil-change,gross_sales,"Gross Sales - Year 1 by Population Group: 70,001 - 100,000",other,"Year 1 franchised centers in Population Group: 70,001 - 100,000 residents within 3-mile radius",43,Year 1 of operation (franchisees opened 2020-2023 fiscal years),2020,annual,ramp-snapshot,906413,914268,255888,1525368,88 +take-5-oil-change,gross_sales,"Gross Sales - Year 1 by Population Group: Greater than 100,000",other,"Year 1 franchised centers in Population Group: Greater than 100,000 residents within 3-mile radius",30,Year 1 of operation (franchisees opened 2020-2023 fiscal years),2020,annual,ramp-snapshot,905598,935032,490334,1474776,88 +take-5-oil-change,gross_sales,Gross Sales - Open More Than 1 Year (2024 Fiscal Year),open_12_24mo,"323 franchised Take 5 Oil Change Centers open at least one full year as of December 28, 2024",323,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,annual,franchisee,1235518,1137962,409268,3637350,90 +take-5-oil-change,gross_sales,Gross Sales - Open More Than 2 Years (2024 Fiscal Year),open_24_plus_mo,"223 franchised Take 5 Oil Change Centers open at least 2 full years as of December 28, 2024",223,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,annual,franchisee,1337871,1271529,409268,3637350,90 +take-5-oil-change,transactions,CPD (Cars Per Day) - Open More Than 1 Year (2024 Fiscal Year),open_12_24mo,"323 franchised Take 5 Oil Change Centers open at least one full year as of December 28, 2024",323,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,daily,franchisee,32,30,10,113,90 +take-5-oil-change,transactions,CPD (Cars Per Day) - Open More Than 2 Years (2024 Fiscal Year),open_24_plus_mo,"223 franchised Take 5 Oil Change Centers open at least 2 full years as of December 28, 2024",223,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,daily,franchisee,35,32,10,113,90 +take-5-oil-change,gross_sales,Pre-Acquisition Gross Sales,all_company_owned,"32 M&A Centers (affiliate-owned, acquired from existing quick lube businesses, converted to Take 5) - Pre-Acquisition",32,12-month period prior to acquisition by affiliate,,annual,franchisee,907496,861068,414604,1403755,91 +take-5-oil-change,gross_sales,Year 1 Gross Sales (M&A Centers),all_company_owned,32 M&A Centers (affiliate-owned) - Year 1 as Take 5 Oil Change Centers,32,"Year 1 of operation as Take 5 Oil Change Center (acquired December 28, 2019 through December 30, 2023)",2019,annual,ramp-snapshot,1167959,1107852,656596,2370545,91 +take-5-oil-change,gross_sales,Year 2 Gross Sales (M&A Centers),all_company_owned,23 M&A Centers (affiliate-owned) - Year 2 as Take 5 Oil Change Centers,23,"Year 2 of operation as Take 5 Oil Change Center (acquired December 28, 2019 through December 30, 2023)",2019,annual,ramp-snapshot,1345075,1300631,604845,2580675,91 +take-5-oil-change,gross_sales,Year 3 Gross Sales (M&A Centers),all_company_owned,11 M&A Centers (affiliate-owned) - Year 3 as Take 5 Oil Change Centers,11,"Year 3 of operation as Take 5 Oil Change Center (acquired December 28, 2019 through December 30, 2023)",2019,annual,ramp-snapshot,1399988,1295899,598837,2204621,91 +take-5-oil-change,gross_profit,Gross Profit,performance_anchored,Bottom 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales,149,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,annual,franchisee,664394,,,,83 +take-5-oil-change,gross_profit,Gross Profit,performance_anchored,Top 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales,149,"2024 Fiscal Year (December 31, 2023 through December 28, 2024)",2024,annual,franchisee,1331201,,,,83 +ubreakifix-by-asurion,total_revenue,2025 Total Revenue,open_36_plus_mo,Stores that were Open 3+ years (as of 12/31/2025) (425 Stores),425,2025 calendar year,2025,annual,franchisee,612328.07,593881.02,214930.7,1625206.22,56 +ubreakifix-by-asurion,other,Cost of Goods Sold (COGS),open_36_plus_mo,Stores that were Open 3+ years (as of 12/31/2025) (425 Stores),425,2025 calendar year,2025,annual,franchisee,233021.67,226545.51,91510.28,612146.54,56 +ubreakifix-by-asurion,gross_profit,Gross Profit,open_36_plus_mo,Stores that were Open 3+ years (as of 12/31/2025) (425 Stores),425,2025 calendar year,2025,annual,franchisee,379306.4,365561.6,123420.42,1013059.68,56 +ubreakifix-by-asurion,total_revenue,2025 Total Revenue,open_12_24mo,Stores that were Open 1-3 years (as of 12/31/2025) (95 Stores),95,2025 calendar year,2025,annual,franchisee,545898.37,511161.69,221754.7,1061801.97,56 +ubreakifix-by-asurion,other,Cost of Goods Sold (COGS),open_12_24mo,Stores that were Open 1-3 years (as of 12/31/2025) (95 Stores),95,2025 calendar year,2025,annual,franchisee,219971.92,197057.96,82451.89,423088.34,56 +ubreakifix-by-asurion,gross_profit,Gross Profit,open_12_24mo,Stores that were Open 1-3 years (as of 12/31/2025) (95 Stores),95,2025 calendar year,2025,annual,franchisee,325926.45,308976.22,139302.82,638713.63,56 +dogtopia,gross_sales,2025 Gross Sales for All Qualifying Outlets – All Outlet Types,other,"All Qualifying Outlets (Franchised + Company & Affiliated), open 24+ months as of 12/27/2025",202,"2025 fiscal year (ended December 27, 2025)",2025,annual,franchisee,935548,921160,295287,2153303,64 +dogtopia,gross_sales,2025 Gross Sales for Franchised Qualifying Outlets – All,all_franchised,"Franchised Stores, open 24+ months as of 12/27/2025",169,"2025 fiscal year (ended December 27, 2025)",2025,annual,franchisee,927566,915213,295287,1876551,64 +dogtopia,gross_sales,2025 Gross Sales for Company & Affiliated Qualifying Outlets – All,all_company_owned,"Company & Affiliated Stores, open 24+ months as of 12/27/2025",33,"2025 fiscal year (ended December 27, 2025)",2025,annual,franchisee,976425,937399,565111,2153303,64 +dogtopia,gross_sales,2025 Gross Sales – Franchised Operating 24 to 36 Months,open_24_plus_mo,Franchised Stores Operating 24 to 36 Months,26,"2025 fiscal year (ended December 27, 2025)",2025,annual,franchisee,861559,838627,378182,1362555,64 +dogtopia,gross_sales,2025 Gross Sales – Franchised Operating 36+ Months,open_36_plus_mo,Franchised Stores Operating 36+ Months,143,"2025 fiscal year (ended December 27, 2025)",2025,annual,franchisee,939567,920536,295287,1876551,64 +dogtopia,gross_sales,2025 Gross Sales – All Outlets Operating 24 to 36 Months,open_24_plus_mo,All Outlets (Franchised + Company & Affiliated) Operating 24 to 36 Months,28,"2025 fiscal year (ended December 27, 2025)",2025,annual,franchisee,843049,820238,378182,1362555,64 +dogtopia,gross_sales,2025 Gross Sales – All Outlets Operating 36+ Months,open_36_plus_mo,All Outlets (Franchised + Company & Affiliated) Operating 36+ Months,174,"2025 fiscal year (ended December 27, 2025)",2025,annual,franchisee,950433,928292,295287,2153303,64 +dogtopia,net_profit,Net Operating Margin – All Qualifying Outlets (Table 6),other,All Qualifying Outlets – Franchised + Company & Affiliated (134 outlets),134,"2025 fiscal year (ended December 27, 2025)",2025,,franchisee,19.2,18.9,-39.4,51.4,63 +dogtopia,net_profit,Net Operating Margin – All Franchised Qualifying Outlets (Table 6a),all_franchised,All Franchised Qualifying Outlets (101 outlets),101,"2025 fiscal year (ended December 27, 2025)",2025,,franchisee,18.5,19.4,-36,51.4,63 +dogtopia,net_profit,"Net Operating Margin – Franchised $0-$900,000 Sales Bracket (Table 6a)",performance_anchored,"Franchised Stores with $0-$900,000 Annual Gross Sales (2025)",34,"2025 fiscal year (ended December 27, 2025)",2025,,franchisee,9.3,14.7,-36,29.1,63 +dogtopia,net_profit,"Net Operating Margin – Franchised $900,000-$1,000,000 Sales Bracket (Table 6a)",performance_anchored,"Franchised Stores with $900,000-$1,000,000 Annual Gross Sales (2025)",13,"2025 fiscal year (ended December 27, 2025)",2025,,franchisee,14.7,16.9,-4.1,32.6,63 +dogtopia,net_profit,"Net Operating Margin – Franchised $1,000,000-$1,500,000 Sales Bracket (Table 6a)",performance_anchored,"Franchised Stores with $1,000,000-$1,500,000 Annual Gross Sales (2025)",52,"2025 fiscal year (ended December 27, 2025)",2025,,franchisee,21.7,21.2,5.6,51.4,63 +dogtopia,net_profit,"Net Operating Margin – Franchised $1,500,000+ Sales Bracket (Table 6a)",performance_anchored,"Franchised Stores with $1,500,000+ Annual Gross Sales (2025)",2,"2025 fiscal year (ended December 27, 2025)",2025,,franchisee,28.6,28.7,21.4,36,63 +dogtopia,gross_sales,2025 Gross Sales – Franchised Bottom 25% by Sales (Table 9a),performance_anchored,Franchised Stores Bottom 25% by 2025 Gross Sales,42,"2025 fiscal year (ended December 27, 2025)",2025,annual,franchisee,555451,588558,295287,698476,65 +dogtopia,gross_sales,2025 Gross Sales – Franchised Next 25% (26-50th pct) by Sales (Table 9a),performance_anchored,Franchised Stores Next 25% (26th-50th percentile) by 2025 Gross Sales,42,"2025 fiscal year (ended December 27, 2025)",2025,annual,franchisee,800345,792896,698950,910959,65 +dogtopia,gross_sales,2025 Gross Sales – Franchised Next 25% (51-75th pct) by Sales (Table 9a),performance_anchored,Franchised Stores Next 25% (51st-75th percentile) by 2025 Gross Sales,42,"2025 fiscal year (ended December 27, 2025)",2025,annual,franchisee,1013135,1002715,915213,1130574,65 +dogtopia,gross_sales,2025 Gross Sales – Franchised Top 25% by Sales (Table 9a),performance_anchored,Franchised Stores Top 25% by 2025 Gross Sales,43,"2025 fiscal year (ended December 27, 2025)",2025,annual,franchisee,1331715,1312781,1132640,1876551,65 +hand-and-stone-massage-and-facial-spa,gross_sales,Average Gross Sales — Corporate Spas Total,all_company_owned,"15 Corporate Spas open 12 months or more, Calendar Year 2025",15,2025 calendar year,2025,annual,franchisee,2281726,2407611,1197779,3259296, +hand-and-stone-massage-and-facial-spa,gross_sales,Average Gross Sales — Corporate Spas Top 25%,performance_anchored,"Top 25% of 15 Corporate Spas, Calendar Year 2025",4,2025 calendar year,2025,annual,franchisee,3033222,3087976,2697639,3259296, +hand-and-stone-massage-and-facial-spa,gross_sales,Average Gross Sales — Corporate Spas Second 25%,performance_anchored,"Second 25% of 15 Corporate Spas, Calendar Year 2025",3,2025 calendar year,2025,annual,franchisee,2543674,2520398,2467475,2643151, +hand-and-stone-massage-and-facial-spa,gross_sales,Average Gross Sales — Corporate Spas Third 25%,performance_anchored,"Third 25% of 15 Corporate Spas, Calendar Year 2025",4,2025 calendar year,2025,annual,franchisee,2081525,2084771,1748946,2407611, +hand-and-stone-massage-and-facial-spa,gross_sales,Average Gross Sales — Corporate Spas Bottom 25%,performance_anchored,"Bottom 25% of 15 Corporate Spas, Calendar Year 2025",4,2025 calendar year,2025,annual,franchisee,1533971,1621564,1197779,1694979, +hand-and-stone-massage-and-facial-spa,gross_sales,Average Gross Sales — Franchised Outlets Total,all_franchised,"570 Franchised Outlets open 12 months or more, Calendar Year 2025",570,2025 calendar year,2025,annual,franchisee,1334936,1236266,145813,4394479, +hand-and-stone-massage-and-facial-spa,gross_sales,Average Gross Sales — Franchised Outlets Top 25%,performance_anchored,"Top 25% of 570 Franchised Outlets, Calendar Year 2025",135,2025 calendar year,2025,annual,franchisee,2277452,2111067,1720132,4394479, +hand-and-stone-massage-and-facial-spa,gross_sales,Average Gross Sales — Franchised Outlets Second 25%,performance_anchored,"Second 25% of 570 Franchised Outlets, Calendar Year 2025",143,2025 calendar year,2025,annual,franchisee,1469435,1466559,1264389,1719338, +hand-and-stone-massage-and-facial-spa,gross_sales,Average Gross Sales — Franchised Outlets Third 25%,performance_anchored,"Third 25% of 570 Franchised Outlets, Calendar Year 2025",145,2025 calendar year,2025,annual,franchisee,1042031,1040113,853658,1264274, +hand-and-stone-massage-and-facial-spa,gross_sales,Average Gross Sales — Franchised Outlets Bottom 25%,performance_anchored,"Bottom 25% of 570 Franchised Outlets, Calendar Year 2025",147,2025 calendar year,2025,annual,franchisee,627439,633540,145813,853147, +hand-and-stone-massage-and-facial-spa,gross_sales,Average Gross Sales — All Outlets Total,all_franchised,"585 outlets (570 franchised + 15 corporate) open 12 months or more, Calendar Year 2025",585,2025 calendar year,2025,annual,franchisee,1359212,1264274,145813,4394479, +hand-and-stone-massage-and-facial-spa,other,Average Massage Service Sales — Franchised Outlets Total,all_franchised,"570 Franchised Outlets open 12 months or more, Calendar Year 2025",570,2025 calendar year,2025,annual,franchisee,795502,715529,63797,2186824, +hand-and-stone-massage-and-facial-spa,other,Average Facial Service Sales — Franchised Outlets Total,all_franchised,"570 Franchised Outlets open 12 months or more, Calendar Year 2025",570,2025 calendar year,2025,annual,franchisee,351588,319108,240,1590921, +hand-and-stone-massage-and-facial-spa,other,Average Product Sales — Franchised Outlets Total,all_franchised,"570 Franchised Outlets open 12 months or more, Calendar Year 2025",570,2025 calendar year,2025,annual,franchisee,49223,41822,268,299133, +hand-and-stone-massage-and-facial-spa,other,Average Gift Card Sales — Franchised Outlets Total,all_franchised,"570 Franchised Outlets open 12 months or more, Calendar Year 2025",570,2025 calendar year,2025,annual,franchisee,146413,126483,21754,725828, +hand-and-stone-massage-and-facial-spa,gross_sales,Table 6b Gross Sales — Franchised Outlets with Expenses Total,all_franchised,"134 of 600 Franchised Outlets reporting expenses, Calendar Year 2025",134,2025 calendar year,2025,annual,franchisee,1402246,1280006,392276,4394479, +hand-and-stone-massage-and-facial-spa,labor_pct,Labor and Benefit Costs — Franchised Outlets Total (Table 6b),all_franchised,"134 Franchised Outlets reporting expenses, Calendar Year 2025",134,2025 calendar year,2025,annual,franchisee,704996,617112,237633,2198568, +hand-and-stone-massage-and-facial-spa,occupancy_pct,Occupancy Costs — Franchised Outlets Total (Table 6b),all_franchised,"134 Franchised Outlets reporting expenses, Calendar Year 2025",134,2025 calendar year,2025,annual,franchisee,140089,138203,60985,248269, +hand-and-stone-massage-and-facial-spa,gross_sales,Table 6a Gross Sales — Corporate Spas Total,all_company_owned,"15 Corporate Spas, Calendar Year 2025",15,2025 calendar year,2025,annual,franchisee,2281726,2407611,1197779,3259296, +huntington-learning-centers,gross_sales,Gross Revenue,all_franchised,232 franchised HLCs open all of 2025 (Mature Centers),232,2025 calendar year,2025,annual,franchisee,609454,533106,136567,3093560,53 +huntington-learning-centers,gross_sales,Gross Revenue — Top 25%,performance_anchored,Top 25% of 232 Mature Centers,58,2025 calendar year,2025,annual,franchisee,1115433,1016562,764311,3093560,53 +huntington-learning-centers,gross_sales,Gross Revenue — Mid-upper 25%,performance_anchored,Mid-upper 25% of 232 Mature Centers,58,2025 calendar year,2025,annual,franchisee,646065,635442,533308,759290,53 +huntington-learning-centers,gross_sales,Gross Revenue — Mid-lower 25%,performance_anchored,Mid-lower 25% of 232 Mature Centers,58,2025 calendar year,2025,annual,franchisee,428854,433139,328228,532904,53 +huntington-learning-centers,gross_sales,Gross Revenue — Bottom 25%,performance_anchored,Bottom 25% of 232 Mature Centers,58,2025 calendar year,2025,annual,franchisee,247465,242341,136567,327440,53 +huntington-learning-centers,gross_sales,Gross Revenue — Top half,performance_anchored,Top half of 232 Mature Centers,116,2025 calendar year,2025,annual,franchisee,880749,761800,533308,3093560,54 +huntington-learning-centers,gross_sales,Gross Revenue — Bottom half,performance_anchored,Bottom half of 232 Mature Centers,116,2025 calendar year,2025,annual,franchisee,338159,327834,136567,532904,54 +huntington-learning-centers,gross_sales,Gross Revenue — $1M+ centers,performance_anchored,"30 Mature Centers with Gross Revenue of $1,000,000 or more",30,2025 calendar year,2025,annual,franchisee,1337289,1164749,,,52 +mathnasium,gross_sales,Annual Gross Receipts,all_franchised,"914 franchised Mathnasium Centers open and operated by the same franchisee 12 months or longer as of December 31, 2025",914,"January 1 - December 31, 2025",2025,annual,franchisee,384874,326428,66925,1511770,60 +mathnasium,gross_sales,Annual Gross Receipts,performance_anchored,Top 1/4 of 914 franchised Mathnasium Centers open 12+ months,229,"January 1 - December 31, 2025",2025,annual,franchisee,693314,635510,467777,1511770,60 +mathnasium,gross_sales,Annual Gross Receipts,performance_anchored,Mid-Upper 1/4 of 914 franchised Mathnasium Centers open 12+ months,228,"January 1 - December 31, 2025",2025,annual,franchisee,391418,391156,326710,466924,60 +mathnasium,gross_sales,Annual Gross Receipts,performance_anchored,Mid-Lower 1/4 of 914 franchised Mathnasium Centers open 12+ months,228,"January 1 - December 31, 2025",2025,annual,franchisee,278021,274816,235325,326146,60 +mathnasium,gross_sales,Annual Gross Receipts,performance_anchored,Bottom 1/4 of 914 franchised Mathnasium Centers open 12+ months,229,"January 1 - December 31, 2025",2025,annual,franchisee,176306,182523,66925,234408,60 +mathnasium,net_profit,Operating Profit,all_franchised,914 franchised Mathnasium Centers (Covered Centers) open 12+ months with complete 2025 P&Ls,914,"January 1 - December 31, 2025",2025,annual,franchisee,117000,111630,,,61 +mathnasium,gross_sales,Annual Gross Receipts per center,other,"Franchisees owning 1 Center (289 franchisees), centers open 36+ months under the same franchisee",289,"January 1 - December 31, 2025",2025,annual,franchisee,373107,318865,90745,1335332,64 +mathnasium,gross_sales,Annual Gross Receipts per center,other,"Franchisees owning 2 Centers (60 franchisees), centers open 36+ months under the same franchisee",120,"January 1 - December 31, 2025",2025,annual,franchisee,407394,338334,91037,1283151,64 +mathnasium,gross_sales,Annual Gross Receipts per center,other,"Franchisees owning 3-5 Centers (26 franchisees), centers open 36+ months under the same franchisee",92,"January 1 - December 31, 2025",2025,annual,franchisee,453229,390326,77077,1511770,64 +mathnasium,gross_sales,Annual Gross Receipts per center,other,"Franchisees owning 6+ Centers (14 franchisees), centers open 36+ months under the same franchisee",158,"January 1 - December 31, 2025",2025,annual,franchisee,467965,419572,122948,1387460,64 +tuffy,gross_sales,Gross Sales-2024,open_24_plus_mo,"59 franchised Tuffy Auto Service Centers in operation at least two full calendar years (as of December 31, 2024) with at least four bays",59,Calendar Year 2024,2024,annual,franchisee,1416325,1343137,468196,4916047,45 +tuffy,transactions,Annual Car Count-2024,open_24_plus_mo,"59 franchised Tuffy Auto Service Centers in operation at least two full calendar years (as of December 31, 2024) with at least four bays",59,Calendar Year 2024,2024,annual,franchisee,3283,2979,789,13719,45 +tuffy,average_ticket,Average Repair Ticket Amount-2024,open_24_plus_mo,"59 franchised Tuffy Auto Service Centers in operation at least two full calendar years (as of December 31, 2024) with at least four bays",59,Calendar Year 2024,2024,annual,franchisee,466,432,235,1284,45 +tuffy,other,Cost of Goods Sold as a Percentage of Sales-2023,other,59 franchised Tuffy centers that reported cost of goods sold,59,2023 per table row labels (Item 19 narrative says calendar year 2024),2023,annual,franchisee,35.34,30,21.02,75.06,45 +tuffy,labor_pct,Labor as a Percentage of Sales-2023,other,57 franchised Tuffy centers that reported labor cost,57,2023 per table row labels (Item 19 narrative says calendar year 2024),2023,annual,franchisee,24.06,25.1,0,70.24,45 +tuffy,occupancy_pct,Rent as a Percentage of Sales-2023,other,51 franchised Tuffy centers that reported rent,51,2023 per table row labels (Item 19 narrative says calendar year 2024),2023,annual,franchisee,7.25,6.39,0,19.81,45 +pet-supplies-plus,gross_sales,Average Weekly Gross Sales,open_12_24mo,1 Year,37,"January 1, 2024 to December 28, 2024",2024,weekly,franchisee,32566,32467,18428,62080, +pet-supplies-plus,gross_sales,Average Weekly Gross Sales,open_24_plus_mo,2 Years,34,"January 1, 2024 to December 28, 2024",2024,weekly,franchisee,40041,40108,19366,58927, +pet-supplies-plus,gross_sales,Average Weekly Gross Sales,open_36_plus_mo,3 Years,33,"January 1, 2024 to December 28, 2024",2024,weekly,franchisee,45513,44649,22212,85058, +pet-supplies-plus,gross_sales,Average Weekly Gross Sales,open_48_plus_mo,4+ Years,243,"January 1, 2024 to December 28, 2024",2024,weekly,franchisee,56489,53979,24625,132180, +pet-supplies-plus,gross_sales,Average Weekly Gross Sales,all_franchised,Average of All Stores,347,"January 1, 2024 to December 28, 2024",2024,weekly,franchisee,51283,48001,18428,132180, +pet-supplies-plus,gross_sales,Average Annual Gross Sales,open_12_24mo,1 Year,37,"January 1, 2024 to December 28, 2024",2024,annual,franchisee,1693451,1688265,958273,3228158, +pet-supplies-plus,gross_sales,Average Annual Gross Sales,open_24_plus_mo,2 Years,34,"January 1, 2024 to December 28, 2024",2024,annual,franchisee,2082112,2085636,1007028,3064219, +pet-supplies-plus,gross_sales,Average Annual Gross Sales,open_36_plus_mo,3 Years,33,"January 1, 2024 to December 28, 2024",2024,annual,franchisee,2366665,2321758,1155048,4422997, +pet-supplies-plus,gross_sales,Average Annual Gross Sales,open_48_plus_mo,4+ Years,243,"January 1, 2024 to December 28, 2024",2024,annual,franchisee,2937419,2806907,1280489,6873341, +pet-supplies-plus,gross_sales,Average Annual Gross Sales,all_franchised,Average of All Stores,347,"January 1, 2024 to December 28, 2024",2024,annual,franchisee,2666693,2496071,958273,6873341, +pet-supplies-plus,gross_profit,Annual Gross Margin %,open_12_24mo,1 Year,37,"January 1, 2024 to December 28, 2024",2024,,franchisee,40.5,40.3,30.4,50.8, +pet-supplies-plus,gross_profit,Annual Gross Margin %,open_24_plus_mo,2 Years,34,"January 1, 2024 to December 28, 2024",2024,,franchisee,40.5,40.2,31.5,50.3, +pet-supplies-plus,gross_profit,Annual Gross Margin %,open_36_plus_mo,3 Years,33,"January 1, 2024 to December 28, 2024",2024,,franchisee,40.3,40.3,34.1,47.2, +pet-supplies-plus,gross_profit,Annual Gross Margin %,open_48_plus_mo,4+ Years,243,"January 1, 2024 to December 28, 2024",2024,,franchisee,36.9,36.2,27.7,48.2, +pet-supplies-plus,gross_profit,Annual Gross Margin %,all_franchised,Average of All Stores,347,"January 1, 2024 to December 28, 2024",2024,,franchisee,38,37.4,27.7,50.8, +pet-supplies-plus,occupancy_pct,Annual Rent,open_12_24mo,1 Year,37,"January 1, 2024 to December 28, 2024",2024,annual,franchisee,176225,162051,,, +pet-supplies-plus,occupancy_pct,Annual Rent,open_24_plus_mo,2 Years,34,"January 1, 2024 to December 28, 2024",2024,annual,franchisee,171118,167901,,, +pet-supplies-plus,occupancy_pct,Annual Rent,open_36_plus_mo,3 Years,33,"January 1, 2024 to December 28, 2024",2024,annual,franchisee,176204,176291,,, +pet-supplies-plus,occupancy_pct,Annual Rent,open_48_plus_mo,4+ Years,243,"January 1, 2024 to December 28, 2024",2024,annual,franchisee,186747,177411,,, +pet-supplies-plus,occupancy_pct,Annual Rent,all_franchised,Average of All Stores,347,"January 1, 2024 to December 28, 2024",2024,annual,franchisee,183091,172823,,, +pet-supplies-plus,other,Annual Rent % of Gross Sales,open_12_24mo,1 Year,37,"January 1, 2024 to December 28, 2024",2024,,franchisee,10.4,11.2,,, +pet-supplies-plus,other,Annual Rent % of Gross Sales,open_24_plus_mo,2 Years,34,"January 1, 2024 to December 28, 2024",2024,,franchisee,8.2,8.3,,, +pet-supplies-plus,other,Annual Rent % of Gross Sales,open_36_plus_mo,3 Years,33,"January 1, 2024 to December 28, 2024",2024,,franchisee,7.4,7.5,,, +pet-supplies-plus,other,Annual Rent % of Gross Sales,open_48_plus_mo,4+ Years,243,"January 1, 2024 to December 28, 2024",2024,,franchisee,6.4,6.2,,, +pet-supplies-plus,other,Annual Rent % of Gross Sales,all_franchised,Average of All Stores,347,"January 1, 2024 to December 28, 2024",2024,,franchisee,6.9,6.7,,, +pet-supplies-plus,labor_pct,Annual Labor Expense,open_12_24mo,1 Year,37,"January 1, 2024 to December 28, 2024",2024,annual,franchisee,325366,304549,,, +pet-supplies-plus,labor_pct,Annual Labor Expense,open_24_plus_mo,2 Years,34,"January 1, 2024 to December 28, 2024",2024,annual,franchisee,389644,366309,,, +pet-supplies-plus,labor_pct,Annual Labor Expense,open_36_plus_mo,3 Years,33,"January 1, 2024 to December 28, 2024",2024,annual,franchisee,390334,373874,,, +pet-supplies-plus,labor_pct,Annual Labor Expense,open_48_plus_mo,4+ Years,243,"January 1, 2024 to December 28, 2024",2024,annual,franchisee,390411,357738,,, +pet-supplies-plus,labor_pct,Annual Labor Expense,all_franchised,Average of All Stores,347,"January 1, 2024 to December 28, 2024",2024,annual,franchisee,383393,352920,,, +pet-supplies-plus,labor_pct,Annual Labor Expense Percent of Gross Sales,open_12_24mo,1 Year,37,"January 1, 2024 to December 28, 2024",2024,,franchisee,19.2,20,,, +pet-supplies-plus,labor_pct,Annual Labor Expense Percent of Gross Sales,open_24_plus_mo,2 Years,34,"January 1, 2024 to December 28, 2024",2024,,franchisee,18.7,17.8,,, +pet-supplies-plus,labor_pct,Annual Labor Expense Percent of Gross Sales,open_36_plus_mo,3 Years,33,"January 1, 2024 to December 28, 2024",2024,,franchisee,16.5,16.4,,, +pet-supplies-plus,labor_pct,Annual Labor Expense Percent of Gross Sales,open_48_plus_mo,4+ Years,243,"January 1, 2024 to December 28, 2024",2024,,franchisee,13.3,12.8,,, +pet-supplies-plus,labor_pct,Annual Labor Expense Percent of Gross Sales,all_franchised,Average of All Stores,347,"January 1, 2024 to December 28, 2024",2024,,franchisee,14.4,14.5,,, +the-joint,gross_sales,Gross Sales,performance_anchored,Quartile 1 (Top 25%),196,Calendar Year 2024,2024,annual,,913466,859413,709832,1941371,54 +the-joint,gross_sales,Gross Sales,performance_anchored,Quartile 2,196,Calendar Year 2024,2024,annual,,606178,598158,528193,707745,54 +the-joint,gross_sales,Gross Sales,performance_anchored,Quartile 3,196,Calendar Year 2024,2024,annual,,456472,458545,386649,527787,54 +the-joint,gross_sales,Gross Sales,performance_anchored,Quartile 4 (Bottom 25%),197,Calendar Year 2024,2024,annual,,303525,314895,122807,386417,54 +the-joint,gross_sales,Gross Sales,all_franchised,All 785 Franchised Clinics,785,Calendar Year 2024,2024,annual,,569571,527787,122807,1941371,54 +the-joint,net_profit,Net Profit,all_franchised,All Qualifying Outlets (406 Franchised),406,Calendar Year 2024,2024,annual,,105050,91488,-154839,721629,54 +the-joint,net_profit,Net Profit,performance_anchored,$1M+ Gross Sales (26 Clinics),26,Calendar Year 2024,2024,annual,,354878,359774,161790,721629,55 +the-joint,net_profit,Net Profit,performance_anchored,Quartile 1,102,Calendar Year 2024,2024,annual,,248208,233132,13828,721629,55 +the-joint,net_profit,Net Profit,performance_anchored,Quartile 2,101,Calendar Year 2024,2024,annual,,128663,123390,-51377,268186,55 +the-joint,net_profit,Net Profit,performance_anchored,Quartile 3,101,Calendar Year 2024,2024,annual,,62556,59820,-108150,200453,56 +the-joint,net_profit,Net Profit,performance_anchored,Quartile 4,102,Calendar Year 2024,2024,annual,,-19413,-15383,-154839,75866,56 +the-joint,transactions,Weekly Patient Visits (Total),performance_anchored,Quartile 1,196,Calendar Year 2024,2024,weekly,,489,467,380,845,57 +the-joint,transactions,Weekly Patient Visits (Total),performance_anchored,Quartile 2,196,Calendar Year 2024,2024,weekly,,324,320,280,380,57 +the-joint,transactions,Weekly Patient Visits (Total),performance_anchored,Quartile 3,196,Calendar Year 2024,2024,weekly,,241,243,203,279,57 +the-joint,transactions,Weekly Patient Visits (Total),performance_anchored,Quartile 4,197,Calendar Year 2024,2024,weekly,,162,167,64,202,57 +the-joint,transactions,Weekly Patient Visits (Total),all_franchised,All 785 Clinics,785,Calendar Year 2024,2024,weekly,,304,279,64,845,57 +the-joint,transactions,Weekly Patient Visits (New Patients),performance_anchored,Quartile 1,196,Calendar Year 2024,2024,weekly,,31,28,23,78,57 +the-joint,transactions,Weekly Patient Visits (New Patients),performance_anchored,Quartile 2,196,Calendar Year 2024,2024,weekly,,20,20,18,23,57 +the-joint,transactions,Weekly Patient Visits (New Patients),performance_anchored,Quartile 3,196,Calendar Year 2024,2024,weekly,,16,15,13,18,57 +the-joint,transactions,Weekly Patient Visits (New Patients),performance_anchored,Quartile 4,197,Calendar Year 2024,2024,weekly,,11,11,4,13,57 +the-joint,transactions,Weekly Patient Visits (New Patients),all_franchised,All 785 Clinics,785,Calendar Year 2024,2024,weekly,,19,18,4,78,57 +the-joint,other,Active Members (Monthly),performance_anchored,Quartile 1,196,Calendar Year 2024,2024,,,980,901,743,2864,57 +the-joint,other,Active Members (Monthly),performance_anchored,Quartile 2,196,Calendar Year 2024,2024,,,642,638,545,742,57 +the-joint,other,Active Members (Monthly),performance_anchored,Quartile 3,196,Calendar Year 2024,2024,,,463,465,381,545,57 +the-joint,other,Active Members (Monthly),performance_anchored,Quartile 4,197,Calendar Year 2024,2024,,,295,312,146,381,57 +the-joint,other,Active Members (Monthly),all_franchised,All 785 Clinics,785,Calendar Year 2024,2024,,,595,545,146,2864,57 +the-joint,gross_sales,Gross Sales Ramp Up,ramp-snapshot,Month 1 (57 new clinics 2024),57,"Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024",2024,monthly,,8217,,,,57 +the-joint,gross_sales,Gross Sales Ramp Up,ramp-snapshot,Month 2 (55 clinics),55,"Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024",2024,monthly,,16240,,,,57 +the-joint,gross_sales,Gross Sales Ramp Up,ramp-snapshot,Month 3 (51 clinics),51,"Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024",2024,monthly,,20995,,,,57 +the-joint,gross_sales,Gross Sales Ramp Up,ramp-snapshot,Month 4 (46 clinics),46,"Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024",2024,monthly,,23313,,,,57 +the-joint,gross_sales,Gross Sales Ramp Up,ramp-snapshot,Month 5 (43 clinics),43,"Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024",2024,monthly,,24720,,,,57 +the-joint,gross_sales,Gross Sales Ramp Up,ramp-snapshot,Month 6 (40 clinics),40,"Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024",2024,monthly,,25982,,,,57 +the-joint,gross_sales,Gross Sales Ramp Up,ramp-snapshot,Month 7 (32 clinics),32,"Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024",2024,monthly,,27282,,,,57 +the-joint,gross_sales,Gross Sales Ramp Up,ramp-snapshot,Month 8 (28 clinics),28,"Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024",2024,monthly,,27339,,,,57 +the-joint,gross_sales,Gross Sales Ramp Up,ramp-snapshot,Month 9 (24 clinics),24,"Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024",2024,monthly,,29446,,,,57 +the-joint,gross_sales,Gross Sales Ramp Up,ramp-snapshot,Month 10 (23 clinics),23,"Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024",2024,monthly,,30379,,,,57 +the-joint,gross_sales,Gross Sales Ramp Up,ramp-snapshot,Month 11 (15 clinics),15,"Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024",2024,monthly,,29939,,,,57 +the-joint,gross_sales,Gross Sales Ramp Up,ramp-snapshot,Month 12 (8 clinics),8,"Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024",2024,monthly,,32029,,,,57 +applebee-s-neighborhood-grill-bar,gross_sales,Annualized Average Gross Sales,other,Traditional Franchised Restaurants - Midwest Region,403,"12 months, December 30, 2024 to December 28, 2025",2025,annual,,2662918,2545951,1053693,5011435,53 +applebee-s-neighborhood-grill-bar,gross_sales,Annualized Average Gross Sales,other,Traditional Franchised Restaurants - Northeast Region,279,"12 months, December 30, 2024 to December 28, 2025",2025,annual,,3830089,3609473,1994980,10150710,53 +applebee-s-neighborhood-grill-bar,gross_sales,Annualized Average Gross Sales,other,Traditional Franchised Restaurants - South Region,419,"12 months, December 30, 2024 to December 28, 2025",2025,annual,,2450367,2361192,1086609,5036244,53 +applebee-s-neighborhood-grill-bar,gross_sales,Annualized Average Gross Sales,other,Traditional Franchised Restaurants - West Region,250,"12 months, December 30, 2024 to December 28, 2025",2025,annual,,3292418,3224283,1733894,5754375,53 +applebee-s-neighborhood-grill-bar,gross_sales,Annualized Average Gross Sales,all_franchised,Traditional Franchised Restaurants - All Regions,1351,"12 months, December 30, 2024 to December 28, 2025",2025,annual,,2954522,2822904,1053693,10150710,53 +vio-med-spa,gross_sales,Total Spa Gross Sales,all_company_owned,Company Owned Outlet 1,1,2025 calendar year,2025,annual,,4281567,,,, +vio-med-spa,gross_profit,Gross Profit,all_company_owned,Company Owned Outlet 1,1,2025 calendar year,2025,annual,,2496275,,,, +vio-med-spa,ebitda,EBITDA,all_company_owned,Company Owned Outlet 1,1,2025 calendar year,2025,annual,,1092144,,,, +vio-med-spa,ebitda,Adjusted EBITDA,all_company_owned,Company Owned Outlet 1,1,2025 calendar year,2025,annual,,771026,,,, +vio-med-spa,gross_sales,Total Spa Gross Sales,all_company_owned,Company Owned Outlet 2,1,2025 calendar year,2025,annual,,2808847,,,, +vio-med-spa,gross_profit,Gross Profit,all_company_owned,Company Owned Outlet 2,1,2025 calendar year,2025,annual,,1677051,,,, +vio-med-spa,ebitda,EBITDA,all_company_owned,Company Owned Outlet 2,1,2025 calendar year,2025,annual,,625734,,,, +vio-med-spa,ebitda,Adjusted EBITDA,all_company_owned,Company Owned Outlet 2,1,2025 calendar year,2025,annual,,415070,,,, +vio-med-spa,gross_sales,Gross Sales,all_franchised,All Operational Franchise Outlets,51,2025 calendar year,2025,annual,,1254631,1125341,236722,5931838, +vio-med-spa,gross_sales,Gross Sales,open_24_plus_mo,Operational Franchise Outlets Operating for Two or More Calendar Years,31,2025 calendar year,2025,annual,,1378225,1192826,237579,5931838, +vio-med-spa,gross_sales,Gross Sales,open_36_plus_mo,Operational Franchise Outlets Operating for Three or More Calendar Years,13,2025 calendar year,2025,annual,,1678301,1236572,245100,5931838, +vio-med-spa,gross_sales,Gross Sales,open_48_plus_mo,Operational Franchise Outlets Operating for Four or More Calendar Years,7,2025 calendar year,2025,annual,,2318926,1473799,1192826,5931838, +vio-med-spa,gross_sales,Gross Sales,performance_anchored,All Operational Franchise Outlets: 1st Quartile (13 of 51 outlets),13,2025 calendar year,2025,annual,franchisee,2320621,2063997,1473799,5931838,69 +vio-med-spa,gross_sales,Gross Sales,performance_anchored,All Operational Franchise Outlets: 2nd Quartile (13 of 51 outlets),13,2025 calendar year,2025,annual,franchisee,1250076,1236572,1125341,1395321,69 +vio-med-spa,gross_sales,Gross Sales,performance_anchored,All Operational Franchise Outlets: 3rd Quartile (13 of 51 outlets),13,2025 calendar year,2025,annual,franchisee,914836,899446,754211,1067852,69 +vio-med-spa,gross_sales,Gross Sales,performance_anchored,All Operational Franchise Outlets: 4th Quartile (12 of 51 outlets),12,2025 calendar year,2025,annual,franchisee,472854,466525,236722,699636,69 +vio-med-spa,gross_sales,Gross Sales,performance_anchored,All Operational Franchise Outlets Operating for Two or More Calendar Years: 1st Quartile (8 of 31 outlets),8,2025 calendar year,2025,annual,franchisee,2661146,2273582,1525964,5931838,69 +vio-med-spa,gross_sales,Gross Sales,performance_anchored,All Operational Franchise Outlets Operating for Two or More Calendar Years: 2nd Quartile (8 of 31 outlets),8,2025 calendar year,2025,annual,franchisee,1316262,1274507,1192826,1480497,69 +vio-med-spa,gross_sales,Gross Sales,performance_anchored,All Operational Franchise Outlets Operating for Two or More Calendar Years: 3rd Quartile (8 of 31 outlets),8,2025 calendar year,2025,annual,franchisee,937048,967000,699636,1125341,69 +vio-med-spa,gross_sales,Gross Sales,performance_anchored,All Operational Franchise Outlets Operating for Two or More Calendar Years: 4th Quartile (7 of 31 outlets),7,2025 calendar year,2025,annual,franchisee,487045,519442,237579,673939,69 +vio-med-spa,gross_sales,Gross Sales,performance_anchored,All Operational Franchise Outlets Operating for Three or More Calendar Years: 1st Quartile (3 of 13 outlets),3,2025 calendar year,2025,annual,franchisee,4002970,3583914,2493158,5931838,70 +vio-med-spa,gross_sales,Gross Sales,performance_anchored,All Operational Franchise Outlets Operating for Three or More Calendar Years: 2nd Quartile (3 of 13 outlets),3,2025 calendar year,2025,annual,franchisee,1429111,1473799,1280449,1533086,70 +vio-med-spa,gross_sales,Gross Sales,performance_anchored,All Operational Franchise Outlets Operating for Three or More Calendar Years: 3rd Quartile (3 of 13 outlets),3,2025 calendar year,2025,annual,franchisee,1127851,1192826,954154,1236572,70 +vio-med-spa,gross_sales,Gross Sales,performance_anchored,All Operational Franchise Outlets Operating for Three or More Calendar Years: 4th Quartile (4 of 13 outlets),4,2025 calendar year,2025,annual,franchisee,534529,596690,245100,699636,70 +vio-med-spa,gross_sales,Gross Sales,performance_anchored,All Operational Franchise Outlets Operating for Four or More Calendar Years: 1st Quartile (2 of 7 outlets),2,2025 calendar year,2025,annual,franchisee,4757876,4757876,3583914,5931838,70 +vio-med-spa,gross_sales,Gross Sales,performance_anchored,All Operational Franchise Outlets Operating for Four or More Calendar Years: 2nd Quartile (2 of 7 outlets),2,2025 calendar year,2025,annual,franchisee,1503443,1503443,1473799,1533086,70 +vio-med-spa,gross_sales,Gross Sales,performance_anchored,All Operational Franchise Outlets Operating for Four or More Calendar Years: 3rd Quartile (2 of 7 outlets),2,2025 calendar year,2025,annual,franchisee,1258510,1258510,1236572,1280449,70 +vio-med-spa,gross_sales,Gross Sales,performance_anchored,All Operational Franchise Outlets Operating for Four or More Calendar Years: 4th Quartile (1 of 7 outlets),1,2025 calendar year,2025,annual,franchisee,1192826,1192826,1192826,1192826,70 +vio-med-spa,labor_pct,Payroll and Labor,all_company_owned,Company Owned Outlet 1,1,2025 calendar year,2025,annual,company-owned,22,,,,66 +vio-med-spa,occupancy_pct,Rent,all_company_owned,Company Owned Outlet 1,1,2025 calendar year,2025,annual,company-owned,1.8,,,,66 +vio-med-spa,labor_pct,Payroll and Labor,all_company_owned,Company Owned Outlet 2,1,2025 calendar year,2025,annual,company-owned,22.7,,,,67 +vio-med-spa,occupancy_pct,Rent,all_company_owned,Company Owned Outlet 2,1,2025 calendar year,2025,annual,company-owned,2,,,,67 +ar-homes,total_revenue,Closing Revenue,all_franchised,29 of the 41 active franchised AR Homes Building Companies that closed a home in 2023 and reported full-year results,29,2023 Calendar Year,2023,annual,franchisee,19790221,18125591,1267214,51263399,48 +ar-homes,gross_profit,Gross Profit,all_franchised,29 of the 41 active franchised AR Homes Building Companies that closed a home in 2023 and reported full-year results,29,2023 Calendar Year,2023,annual,franchisee,2938578,2237139,258525,12265251,48 +ar-homes,net_profit,Adj. Net Income (Net Income plus owner compensation),all_franchised,29 of the 41 active franchised AR Homes Building Companies that closed a home in 2023 and reported full-year results,29,2023 Calendar Year,2023,annual,franchisee,1121735,486453,-357291,8083158,48 +bella-bridesmaids,gross_sales,average annual gross revenue,all_franchised,41 franchised stores operational entire 2023 calendar year,41,2023 calendar year,2023,annual,franchisee,363289,290315,84031,1000688, +bella-bridesmaids,gross_sales,average gross revenues,other,45 stores (41 franchised + 4 company-owned) operational entire 2023 calendar year,45,2023 calendar year,2023,annual,franchisee,373189,290315,84030.64,1000688, +gymguyz,gross_sales,Gross Sales,all_company_owned,"Affiliate Owned Locations (3 units, Long Island, NY)",3,2024,2024,annual,company-owned,409731.67,,,,44 +gymguyz,gross_profit,Gross Profit Less Disclosed Expenses,all_company_owned,"Affiliate Owned Locations (3 units, Long Island, NY)",3,2024,2024,annual,company-owned,193891.33,,,,45 +gymguyz,net_profit,Gross Profit Less Disclosed Expenses / Franchisee Related Expenses,all_company_owned,"Affiliate Owned Locations (3 units, Long Island, NY)",3,2024,2024,annual,company-owned,160712.67,,,,45 +gymguyz,gross_sales,Gross Sales,all_company_owned,"Affiliate Owned Locations (3 units, Long Island, NY)",3,2023,2023,annual,company-owned,296284.67,,,,44 +gymguyz,gross_sales,Gross Sales,all_franchised,85 franchised outlets,85,,2024,annual,,106507.4,130644,0,835964, +gymguyz,gross_sales,Average Gross Sales per FTE Trainer,all_franchised,85 franchised outlets (51 FTE trainers aggregate),85,,2024,annual,,161701.68,,,, +gymguyz,gross_profit,Gross Profit Less Disclosed Expenses,all_company_owned,"Affiliate Owned Locations (3 units, Long Island, NY)",3,2023,2023,annual,company-owned,154592,,,,45 +gymguyz,net_profit,Gross Profit Less Disclosed Expenses / Franchisee Related Expenses,all_company_owned,"Affiliate Owned Locations (3 units, Long Island, NY)",3,2023,2023,annual,company-owned,130489.33,,,,45 +a-better-solution-in-home-care,gross_sales,2025 Gross Revenue,all_franchised,"23 (out of 28) franchisee-owned Agencies open 12 full calendar months as of December 31, 2025",23,Fiscal Year 2025,2025,annual,franchisee,810813.82,595052,186936.84,2260332.03,41 +a-better-solution-in-home-care,gross_sales,Combined Gross Sales (Affiliate Agency Financial Results-2025),all_company_owned,"2 affiliate-owned Agencies (San Diego, CA and Phoenix, AZ), combined",2,Fiscal Year 2025,2025,annual,company-owned,6505832,,,,41 +complete-weddings-events,gross_sales,Gross Receipts,all_franchised,Franchised businesses open the full 2025 calendar year (70 of 81; 7 opened in 2025 and 4 transferred excluded),70,Calendar Year 2025,2025,annual,franchisee,322160.76,208376.66,21119,2393115.6,33 +complete-weddings-events,gross_sales,Gross Receipts,performance_anchored,Top Third of the 70 franchised businesses by 2025 Gross Receipts,23,Calendar Year 2025,2025,annual,franchisee,645897.24,485160,328666.27,2393115.6,33 +complete-weddings-events,gross_sales,Gross Receipts,performance_anchored,Middle Third of the 70 franchised businesses by 2025 Gross Receipts,23,Calendar Year 2025,2025,annual,franchisee,228358.94,218935.21,160642.5,312130,33 +complete-weddings-events,gross_sales,Gross Receipts,performance_anchored,Bottom Third of the 70 franchised businesses by 2025 Gross Receipts,24,Calendar Year 2025,2025,annual,franchisee,101806.7,103477.73,21119,153685,33 +complete-weddings-events,gross_sales,Gross Receipts,all_company_owned,"Affiliate-owned business (Iowa and Nebraska territory), full 2025 calendar year",1,Calendar Year 2025,2025,annual,company-owned,2061551.14,,,,33 +decorate-with-lights,total_revenue,"Revenue, July–December 2024 total (6 months)",all_company_owned,"Company-controlled location, Raleigh, NC (operated by DWL's Director of Operations, an employee)",1,July–December 2024,2024,,company-owned,130379,,,,43 +decorate-with-lights,average_ticket,Average Ticket Price (all jobs),all_company_owned,"Company-controlled location, Raleigh, NC (operated by DWL's Director of Operations, an employee)",1,Calendar year 2024,2024,,company-owned,1366,,,,44 +decorate-with-lights,average_ticket,Average Ticket Price (new jobs),all_company_owned,"Company-controlled location, Raleigh, NC (operated by DWL's Director of Operations, an employee)",1,Calendar year 2024,2024,,company-owned,2244,,,,44 +decorate-with-lights,total_revenue,Revenue,open_24_plus_mo,"Existing franchisees (operating all of 2024, more than one year), per franchisee (9 owners)",9,Calendar year 2024,2024,annual,franchisee,56614,31934,7548,136326,45 +decorate-with-lights,total_revenue,Revenue,open_lt_12mo,"First-year franchisees (first full year 2024), per franchisee (4 owners)",4,Calendar year 2024,2024,annual,franchisee,10598,7546,5085,22212,45 +decorate-with-lights,average_ticket,Ticket Price,open_24_plus_mo,"Existing franchisees (operating all of 2024, more than one year), per franchisee (9 owners)",9,Calendar year 2024,2024,,franchisee,1355,1258,645,2423,45 +decorate-with-lights,average_ticket,Ticket Price,open_lt_12mo,"First-year franchisees (first full year 2024), per franchisee (4 owners)",4,Calendar year 2024,2024,,franchisee,1211,1203,876,1582,45 +decorate-with-lights,total_revenue,Revenue,all_franchised,"All franchisees (Table 7), per franchisee (count not stated)",,Calendar year 2022,2022,annual,franchisee,56291,22822,9044,151175,45 +decorate-with-lights,total_revenue,Revenue,all_franchised,"All franchisees (Table 7), per franchisee (count not stated)",,Calendar year 2023,2023,annual,franchisee,47110,24423,6735,115177,45 +decorate-with-lights,total_revenue,Revenue,all_franchised,"All franchisees (Table 7), per franchisee (13 owners)",13,Calendar year 2024,2024,annual,franchisee,42456,31934,5085,136326,45 +decorate-with-lights,average_ticket,Ticket Price,all_franchised,"All franchisees (Table 7), per franchisee (count not stated)",,Calendar year 2023,2023,,franchisee,1498,1454,481,3888,46 +decorate-with-lights,average_ticket,Ticket Price,all_franchised,"All franchisees (Table 7), per franchisee (13 owners)",13,Calendar year 2024,2024,,franchisee,1342,1258,645,2423,46 +decorate-with-lights,total_revenue,Gross Revenue,performance_anchored,"Top 33% of franchisees by 2025 revenue, per franchisee (6 owners; average 5.7 territories each)",6,Calendar year 2025,2025,annual,franchisee,101747,100073,52711,161453,46 +decorate-with-lights,total_revenue,Gross Revenue,performance_anchored,"Middle 33% of franchisees by 2025 revenue, per franchisee (6 owners; average 4.3 territories each)",6,Calendar year 2025,2025,annual,franchisee,31689,30108,23960,42928,46 +decorate-with-lights,total_revenue,Gross Revenue,performance_anchored,"Bottom 33% of franchisees by 2025 revenue, per franchisee (6 owners; average 5.2 territories each)",6,Calendar year 2025,2025,annual,franchisee,10502,10153,4352,17671,46 +decorate-with-lights,total_revenue,Gross Revenue,all_franchised,"All franchisees operating all of 2025 (system wide), per franchisee (18 owners; average 5.1 territories each)",18,Calendar year 2025,2025,annual,franchisee,47979,30108,4352,161453,46 +decorate-with-lights,total_revenue,Gross Revenue,open_lt_12mo,"1st-year franchisees (operating all of 2025), per franchisee (6 owners; average 3.2 territories each)",6,Calendar year 2025,2025,annual,franchisee,29748,27309,6719,64613,46 +decorate-with-lights,total_revenue,Gross Revenue,open_12_24mo,"2nd-year franchisees (2025), per franchisee (2 owners; average 3.5 territories each)",2,Calendar year 2025,2025,annual,franchisee,26817,26817,23960,29674,46 +decorate-with-lights,total_revenue,Gross Revenue,open_24_plus_mo,"3rd-year franchisees (2025), per franchisee (2 owners; average 5.5 territories each)",2,Calendar year 2025,2025,annual,franchisee,33975,33975,15239,52711,46 +decorate-with-lights,total_revenue,Gross Revenue,open_24_plus_mo,"4th-year-and-later franchisees (2025), per franchisee (8 owners; average 6.8 territories each)",8,Calendar year 2025,2025,annual,franchisee,70444,66166,4352,161453,46 +decorate-with-lights,average_ticket,Average Job Size,all_franchised,"All franchisees operating all of 2025 (system wide), per franchisee (18 owners; average 5.1 territories each)",18,Calendar year 2025,2025,,franchisee,1655.5,1610,435,3590,46 +era-group,total_revenue,Net Cumulative Receipts,performance_anchored,"Top 25% (1st Quartile) by Net Cumulative Receipts - Full-Time Regional Franchisees, 18+ months operating",22,2025 calendar year,2025,annual,franchisee,900566,734102,510989,2998404, +era-group,total_revenue,Net Cumulative Receipts,performance_anchored,"25-50% (2nd Quartile) by Net Cumulative Receipts - Full-Time Regional Franchisees, 18+ months operating",21,2025 calendar year,2025,annual,franchisee,356457,341597,261053,468148, +era-group,total_revenue,Net Cumulative Receipts,performance_anchored,"50-75% (3rd Quartile) by Net Cumulative Receipts - Full-Time Regional Franchisees, 18+ months operating",21,2025 calendar year,2025,annual,franchisee,208279,202622,151816,257796, +era-group,total_revenue,Net Cumulative Receipts,performance_anchored,"Bottom 25% (4th Quartile) by Net Cumulative Receipts - Full-Time Regional Franchisees, 18+ months operating",22,2025 calendar year,2025,annual,franchisee,55355,60644,0,115984, +era-group,total_revenue,Net Cumulative Receipts,all_franchised,All Full-Time Regional Franchisees (18+ months operating),86,2025 calendar year,2025,annual,franchisee,388180,268982,0,2998404, +era-group,total_revenue,Net Cumulative Receipts,other,Part-Time Regional Franchisees (18+ months operating),51,2025 calendar year,2025,annual,franchisee,30939,109,0,436063, +cd-one-price-cleaners,gross_sales,Gross Revenue,performance_anchored,Top Third Plant Stores (by 2023 Gross Revenue),11,"2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023)",2023,annual,,1367307,1232941,1115602,2306859,63 +cd-one-price-cleaners,gross_sales,Gross Revenue,performance_anchored,Middle Third Plant Stores (by 2023 Gross Revenue),12,"2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023)",2023,annual,,1031729,1075802,911824,1114301,63 +cd-one-price-cleaners,gross_sales,Gross Revenue,performance_anchored,Bottom Third Plant Stores (by 2023 Gross Revenue),11,"2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023)",2023,annual,,780958,789735,677702,888244,63 +cd-one-price-cleaners,gross_sales,Gross Revenue,all_franchised,All 34 Revenue Reporting Plant Stores,34,"2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023)",2023,annual,,1059167,1075802,677702,2306859,63 +cd-one-price-cleaners,gross_sales,Gross Revenue,all_franchised,All 4 Revenue Reporting Satellite Stores,4,"2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023)",2023,annual,,376749,407712,260525,431047,63 +cd-one-price-cleaners,occupancy_pct,Occupancy Costs (as % of Gross Revenue),all_franchised,"Cost Reporting Stores (32 stores: 28 Plant, 4 Satellite)",32,"2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023)",2023,,,11.7,12,,,64 +cd-one-price-cleaners,labor_pct,Labor Costs (as % of Gross Revenue),all_franchised,Cost Reporting Stores (32 stores),32,"2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023)",2023,,,37.5,38.6,,,64 +cd-one-price-cleaners,other,Production Supplies Costs (as % of Gross Revenue),all_franchised,Cost Reporting Stores (32 stores),32,"2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023)",2023,,,8.2,7.8,,,64 +cd-one-price-cleaners,other,Electricity Costs (as % of Gross Revenue),all_franchised,Cost Reporting Stores (32 stores),32,"2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023)",2023,,,1.6,1.5,,,64 +cd-one-price-cleaners,other,Natural Gas Costs (as % of Gross Revenue),all_franchised,Cost Reporting Stores (32 stores),32,"2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023)",2023,,,1.6,1.4,,,64 +discovery-map,gross_sales,Gross Sales (Average Sales per Map),all_franchised,"franchises publishing map in fiscal year ending September 30, 2025, completed selling cycle, standard sizes",102,"fiscal year ending September 30, 2025",2025,annual,franchisee,58171,53210,10430,214930,33 +atc-healthcare-services,total_revenue,Total Revenue of Reporting Franchises Open for 1-5 Years,open_24_plus_mo,Reporting Franchises Open for 1-5 Years (14 franchises),14,"fiscal year ended September 30, 2025",2025,annual,,3536960,1518641,105577,13786163, +atc-healthcare-services,other,Gross Margin % of Reporting Franchises Open for 1-5 Years,open_24_plus_mo,Reporting Franchises Open for 1-5 Years (14 franchises),14,,2025,,,22,21,12,34, +atc-healthcare-services,total_revenue,Total Revenue of Reporting Franchises Open for 6-10 Years,open_36_plus_mo,Reporting Franchises Open for 6-10 Years (8 franchises),8,,2025,annual,,1799504,2007974,444638,3654501, +atc-healthcare-services,other,Gross Margin % of Reporting Franchises Open for 6-10 Years,open_36_plus_mo,Reporting Franchises Open for 6-10 Years (8 franchises),8,,2025,,,25,23,18,37, +atc-healthcare-services,total_revenue,Total Revenue of Reporting Franchises Open for 11+ Years,open_60_plus_mo,Reporting Franchises Open for 11+ Years (11 franchises),11,,2025,annual,,3485449,1966369,283978,10286436, +atc-healthcare-services,other,Gross Margin % of Reporting Franchises Open for 11+ Years,open_60_plus_mo,Reporting Franchises Open for 11+ Years (11 franchises),11,,2025,,,22,21,16,30, +atc-healthcare-services,other,Permanent Placements,all_franchised,Reporting Franchises Offering Permanent Placements (9 franchises),,"fiscal year ended September 30, 2025",2025,annual,,18885,15707,1778,68273,53 diff --git a/csv/outlets_by_state.csv b/csv/outlets_by_state.csv new file mode 100644 index 0000000000000000000000000000000000000000..a39099068ee5389dd910a7c09a545d258ca78148 --- /dev/null +++ b/csv/outlets_by_state.csv @@ -0,0 +1,2367 @@ +brand_slug,year,state,outlets_end +a-better-solution-in-home-care,2023,AZ,0 +a-better-solution-in-home-care,2023,CA,9 +a-better-solution-in-home-care,2023,CO,1 +a-better-solution-in-home-care,2023,FL,1 +a-better-solution-in-home-care,2023,ID,1 +a-better-solution-in-home-care,2023,KS,1 +a-better-solution-in-home-care,2023,MI,0 +a-better-solution-in-home-care,2023,NC,1 +a-better-solution-in-home-care,2023,NV,1 +a-better-solution-in-home-care,2023,OH,1 +a-better-solution-in-home-care,2023,OK,0 +a-better-solution-in-home-care,2023,SC,1 +a-better-solution-in-home-care,2023,TN,2 +a-better-solution-in-home-care,2023,TX,5 +a-better-solution-in-home-care,2023,WI,1 +a-better-solution-in-home-care,2024,AZ,0 +a-better-solution-in-home-care,2024,CA,9 +a-better-solution-in-home-care,2024,CO,1 +a-better-solution-in-home-care,2024,FL,2 +a-better-solution-in-home-care,2024,ID,1 +a-better-solution-in-home-care,2024,KS,1 +a-better-solution-in-home-care,2024,MI,1 +a-better-solution-in-home-care,2024,NC,1 +a-better-solution-in-home-care,2024,NV,1 +a-better-solution-in-home-care,2024,OH,1 +a-better-solution-in-home-care,2024,OK,0 +a-better-solution-in-home-care,2024,SC,1 +a-better-solution-in-home-care,2024,TN,2 +a-better-solution-in-home-care,2024,TX,5 +a-better-solution-in-home-care,2024,WI,1 +a-better-solution-in-home-care,2025,AZ,0 +a-better-solution-in-home-care,2025,CA,9 +a-better-solution-in-home-care,2025,CO,1 +a-better-solution-in-home-care,2025,FL,2 +a-better-solution-in-home-care,2025,ID,1 +a-better-solution-in-home-care,2025,KS,1 +a-better-solution-in-home-care,2025,MI,1 +a-better-solution-in-home-care,2025,MN,1 +a-better-solution-in-home-care,2025,NC,1 +a-better-solution-in-home-care,2025,NV,2 +a-better-solution-in-home-care,2025,OH,0 +a-better-solution-in-home-care,2025,OK,1 +a-better-solution-in-home-care,2025,SC,1 +a-better-solution-in-home-care,2025,TN,2 +a-better-solution-in-home-care,2025,TX,4 +a-better-solution-in-home-care,2025,WI,1 +applebee-s-neighborhood-grill-bar,2023,AK,1 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+a-better-solution-in-home-care,2023,franchised,27,25 +a-better-solution-in-home-care,2023,total,28,27 +a-better-solution-in-home-care,2024,company-owned,2,2 +a-better-solution-in-home-care,2024,franchised,25,27 +a-better-solution-in-home-care,2024,total,27,29 +a-better-solution-in-home-care,2025,company-owned,2,2 +a-better-solution-in-home-care,2025,franchised,27,28 +a-better-solution-in-home-care,2025,total,29,30 +applebee-s-neighborhood-grill-bar,2023,company-owned,0,0 +applebee-s-neighborhood-grill-bar,2023,franchised,1575,1542 +applebee-s-neighborhood-grill-bar,2023,total,1575,1542 +applebee-s-neighborhood-grill-bar,2024,company-owned,0,47 +applebee-s-neighborhood-grill-bar,2024,franchised,1542,1460 +applebee-s-neighborhood-grill-bar,2024,total,1542,1507 +applebee-s-neighborhood-grill-bar,2025,company-owned,47,59 +applebee-s-neighborhood-grill-bar,2025,franchised,1460,1416 +applebee-s-neighborhood-grill-bar,2025,total,1507,1475 +ar-homes,2021,company-owned,0,0 +ar-homes,2021,franchised,46,42 +ar-homes,2021,total,46,42 +ar-homes,2022,company-owned,0,0 +ar-homes,2022,franchised,42,46 +ar-homes,2022,total,42,46 +ar-homes,2023,company-owned,0,0 +ar-homes,2023,franchised,46,42 +ar-homes,2023,total,46,42 +atc-healthcare-services,2023,company-owned,0,0 +atc-healthcare-services,2023,franchised,60,65 +atc-healthcare-services,2024,company-owned,0,5 +atc-healthcare-services,2024,franchised,65,34 +atc-healthcare-services,2025,company-owned,5,0 +atc-healthcare-services,2025,franchised,34,34 +baja-fresh,2023,company-owned,7,11 +baja-fresh,2023,franchised,77,67 +baja-fresh,2023,total,84,78 +baja-fresh,2024,company-owned,11,6 +baja-fresh,2024,franchised,67,67 +baja-fresh,2024,total,78,73 +baja-fresh,2025,company-owned,6,1 +baja-fresh,2025,franchised,67,67 +baja-fresh,2025,total,73,68 +batteries-plus,2023,company-owned,112,116 +batteries-plus,2023,franchised,609,606 +batteries-plus,2023,total,721,722 +batteries-plus,2024,company-owned,116,133 +batteries-plus,2024,franchised,606,604 +batteries-plus,2024,total,722,737 +batteries-plus,2025,company-owned,133,133 +batteries-plus,2025,franchised,604,601 +batteries-plus,2025,total,737,734 +bella-bridesmaids,2021,company-owned,1,1 +bella-bridesmaids,2021,franchised,57,57 +bella-bridesmaids,2021,total,58,58 +bella-bridesmaids,2022,company-owned,1,2 +bella-bridesmaids,2022,franchised,57,55 +bella-bridesmaids,2022,total,58,57 +bella-bridesmaids,2023,company-owned,2,4 +bella-bridesmaids,2023,franchised,55,41 +bella-bridesmaids,2023,total,57,45 +cd-one-price-cleaners,2021,company-owned,1,1 +cd-one-price-cleaners,2021,franchised,35,36 +cd-one-price-cleaners,2021,total,36,37 +cd-one-price-cleaners,2022,company-owned,1,0 +cd-one-price-cleaners,2022,franchised,36,38 +cd-one-price-cleaners,2022,total,37,38 +cd-one-price-cleaners,2023,company-owned,0,0 +cd-one-price-cleaners,2023,franchised,38,40 +cd-one-price-cleaners,2023,total,38,40 +complete-weddings-events,2023,company-owned,1,1 +complete-weddings-events,2023,franchised,66,68 +complete-weddings-events,2023,total,67,69 +complete-weddings-events,2024,company-owned,1,1 +complete-weddings-events,2024,franchised,68,78 +complete-weddings-events,2024,total,69,79 +complete-weddings-events,2025,company-owned,1,1 +complete-weddings-events,2025,franchised,78,81 +complete-weddings-events,2025,total,79,82 +decorate-with-lights,2023,company-owned,0,0 +decorate-with-lights,2023,franchised,92,118 +decorate-with-lights,2023,total,92,118 +decorate-with-lights,2024,company-owned,0,0 +decorate-with-lights,2024,franchised,118,121 +decorate-with-lights,2024,total,118,121 +decorate-with-lights,2025,company-owned,0,23 +decorate-with-lights,2025,franchised,121,105 +decorate-with-lights,2025,total,121,128 +discovery-map,2023,company-owned,3,3 +discovery-map,2023,franchised,117,115 +discovery-map,2024,company-owned,3,0 +discovery-map,2024,franchised,115,119 +discovery-map,2025,company-owned,0,0 +discovery-map,2025,franchised,119,116 +dogtopia,2023,company-owned,31,39 +dogtopia,2023,franchised,174,205 +dogtopia,2023,total,205,244 +dogtopia,2024,company-owned,39,41 +dogtopia,2024,franchised,205,220 +dogtopia,2024,total,244,261 +dogtopia,2025,company-owned,41,41 +dogtopia,2025,franchised,220,225 +dogtopia,2025,total,261,266 +era-group,2023,company-owned,0,2 +era-group,2023,franchised,136,144 +era-group,2023,total,136,146 +era-group,2024,company-owned,2,2 +era-group,2024,franchised,144,161 +era-group,2024,total,146,163 +era-group,2025,company-owned,2,0 +era-group,2025,franchised,161,196 +era-group,2025,total,163,196 +gymguyz,2022,company-owned,2,2 +gymguyz,2022,franchised,95,97 +gymguyz,2022,total,97,99 +gymguyz,2023,company-owned,2,2 +gymguyz,2023,franchised,97,119 +gymguyz,2023,total,99,121 +gymguyz,2024,company-owned,2,16 +gymguyz,2024,franchised,119,116 +gymguyz,2024,total,121,130 +hand-and-stone-massage-and-facial-spa,2023,company-owned,14,15 +hand-and-stone-massage-and-facial-spa,2023,franchised,487,527 +hand-and-stone-massage-and-facial-spa,2023,total,501,542 +hand-and-stone-massage-and-facial-spa,2024,company-owned,15,15 +hand-and-stone-massage-and-facial-spa,2024,franchised,527,580 +hand-and-stone-massage-and-facial-spa,2024,total,542,595 +hand-and-stone-massage-and-facial-spa,2025,company-owned,15,15 +hand-and-stone-massage-and-facial-spa,2025,franchised,580,600 +hand-and-stone-massage-and-facial-spa,2025,total,595,615 +huntington-learning-centers,2023,company-owned,10,6 +huntington-learning-centers,2023,franchised,280,273 +huntington-learning-centers,2023,total,290,279 +huntington-learning-centers,2024,company-owned,6,4 +huntington-learning-centers,2024,franchised,273,260 +huntington-learning-centers,2024,total,279,264 +huntington-learning-centers,2025,company-owned,4,2 +huntington-learning-centers,2025,franchised,260,243 +huntington-learning-centers,2025,total,264,245 +liberty-tax-service,2023,company-owned,114,72 +liberty-tax-service,2023,franchised,1991,1813 +liberty-tax-service,2023,total,2105,1885 +liberty-tax-service,2024,company-owned,72,78 +liberty-tax-service,2024,franchised,1813,1686 +liberty-tax-service,2024,total,1885,1764 +liberty-tax-service,2025,company-owned,78,126 +liberty-tax-service,2025,franchised,1686,1537 +liberty-tax-service,2025,total,1764,1663 +mathnasium,2023,company-owned,3,4 +mathnasium,2023,franchised,951,968 +mathnasium,2023,total,954,972 +mathnasium,2024,company-owned,4,4 +mathnasium,2024,franchised,968,995 +mathnasium,2024,total,972,999 +mathnasium,2025,company-owned,4,4 +mathnasium,2025,franchised,995,1043 +mathnasium,2025,total,999,1047 +pet-supplies-plus,2022,company-owned,227,231 +pet-supplies-plus,2022,franchised,374,429 +pet-supplies-plus,2022,total,601,660 +pet-supplies-plus,2023,company-owned,231,234 +pet-supplies-plus,2023,franchised,429,485 +pet-supplies-plus,2023,total,660,719 +pet-supplies-plus,2024,company-owned,234,233 +pet-supplies-plus,2024,franchised,485,502 +pet-supplies-plus,2024,total,719,735 +supercuts,2023,company-owned,18,7 +supercuts,2023,franchised,2252,2070 +supercuts,2023,total,2270,2077 +supercuts,2024,company-owned,7,3 +supercuts,2024,franchised,2070,1935 +supercuts,2024,total,2077,1938 +supercuts,2025,company-owned,3,100 +supercuts,2025,franchised,1935,1701 +supercuts,2025,total,1938,1801 +take-5-oil-change,2022,company-owned,534,580 +take-5-oil-change,2022,franchised,134,227 +take-5-oil-change,2022,total,668,807 +take-5-oil-change,2023,company-owned,580,643 +take-5-oil-change,2023,franchised,227,325 +take-5-oil-change,2023,total,807,968 +take-5-oil-change,2024,company-owned,643,710 +take-5-oil-change,2024,franchised,325,432 +take-5-oil-change,2024,total,968,1142 +the-joint,2022,company-owned,96,126 +the-joint,2022,franchised,610,712 +the-joint,2022,total,706,838 +the-joint,2023,company-owned,126,135 +the-joint,2023,franchised,712,800 +the-joint,2023,total,838,935 +the-joint,2024,company-owned,135,125 +the-joint,2024,franchised,800,845 +the-joint,2024,total,935,970 +tuffy,2022,company-owned,21,60 +tuffy,2022,franchised,145,103 +tuffy,2022,total,166,163 +tuffy,2023,company-owned,60,58 +tuffy,2023,franchised,103,100 +tuffy,2023,total,163,158 +tuffy,2024,company-owned,58,28 +tuffy,2024,franchised,100,101 +tuffy,2024,total,158,129 +ubreakifix-by-asurion,2023,company-owned,321,164 +ubreakifix-by-asurion,2023,franchised,443,557 +ubreakifix-by-asurion,2023,total,764,721 +ubreakifix-by-asurion,2024,company-owned,164,131 +ubreakifix-by-asurion,2024,franchised,557,551 +ubreakifix-by-asurion,2024,total,721,682 +ubreakifix-by-asurion,2025,company-owned,131,128 +ubreakifix-by-asurion,2025,franchised,551,549 +ubreakifix-by-asurion,2025,total,682,677 +vio-med-spa,2023,company-owned,2,5 +vio-med-spa,2023,franchised,15,29 +vio-med-spa,2023,total,16,34 +vio-med-spa,2024,company-owned,5,3 +vio-med-spa,2024,franchised,29,53 +vio-med-spa,2024,total,34,56 +vio-med-spa,2025,company-owned,3,2 +vio-med-spa,2025,franchised,53,62 +vio-med-spa,2025,total,56,64 diff --git a/csv/peer_ranks.csv b/csv/peer_ranks.csv new file mode 100644 index 0000000000000000000000000000000000000000..788359db0d5d79263bb6f3439184b233c9d39ac0 --- /dev/null +++ b/csv/peer_ranks.csv @@ -0,0 +1,172 @@ +brand_slug,metric,value,rank,peers,peer_median,rank_order,peer_group +batteries-plus,inv_low,284786,58,72,170207.5,lowest first,Specialty Retail +batteries-plus,fee_low,15000,11,71,29500,lowest first,Specialty Retail +batteries-plus,royalty,5,16,61,5,lowest first,Specialty Retail +batteries-plus,allin,6,18,61,7,lowest first,Specialty Retail +batteries-plus,outlets,734,3,70,44.0,highest first,Specialty Retail +batteries-plus,growth,1.7,18,44,-2.95,highest first,Specialty Retail +batteries-plus,closure,4.2,15,40,5.0,lowest first,Specialty Retail +baja-fresh,inv_low,428560,18,40,440350.0,lowest first,Mexican +baja-fresh,fee_low,10000,4,42,35000.0,lowest first,Mexican +baja-fresh,royalty,5,3,40,5.0,lowest first,Mexican +baja-fresh,allin,8,25,40,7.0,lowest first,Mexican +baja-fresh,outlets,68,12,40,22.5,highest first,Mexican +baja-fresh,growth,-12.8,17,20,-6.75,highest first,Mexican +baja-fresh,closure,7.6,13,17,6.2,lowest first,Mexican +liberty-tax-service,inv_low,49700,18,52,59350.0,lowest first,Tax & Financial +liberty-tax-service,fee_low,25000,17,51,29500,lowest first,Tax & Financial +liberty-tax-service,royalty,14,22,34,10.0,lowest first,Tax & Financial +liberty-tax-service,allin,19,26,34,12.0,lowest first,Tax & Financial +liberty-tax-service,outlets,1663,4,52,78.0,highest first,Tax & Financial +liberty-tax-service,growth,-11.8,32,38,-1.15,highest first,Tax & Financial +liberty-tax-service,closure,8.7,24,36,6.15,lowest first,Tax & Financial +supercuts,inv_low,185930,10,17,184794,lowest first,Hair Salon +supercuts,fee_low,39500,8,17,39500,lowest first,Hair Salon +supercuts,royalty,6,4,13,6,lowest first,Hair Salon +supercuts,allin,11,12,13,8,lowest first,Hair Salon +supercuts,outlets,1801,2,17,48,highest first,Hair Salon +supercuts,growth,-13.3,8,11,0.3,highest first,Hair Salon +supercuts,closure,7.6,8,11,5.8,lowest first,Hair Salon +take-5-oil-change,inv_low,912248,9,9,235000,lowest first,Oil Change & Quick Lube +take-5-oil-change,fee_low,45000,8,9,30000,lowest first,Oil Change & Quick Lube +take-5-oil-change,royalty,7,8,9,6,lowest first,Oil Change & Quick Lube +take-5-oil-change,allin,12,9,9,8,lowest first,Oil Change & Quick Lube +take-5-oil-change,outlets,1142,3,9,78,highest first,Oil Change & Quick Lube +take-5-oil-change,growth,41.5,3,46,-0.35,highest first,Automotive Services +take-5-oil-change,closure,0.3,5,46,4.25,lowest first,Automotive Services +ubreakifix-by-asurion,inv_low,171350,8,8,91000.0,lowest first,Device Repair +ubreakifix-by-asurion,fee_low,25000,3,8,25000.0,lowest first,Device Repair +ubreakifix-by-asurion,royalty,7,13,29,7,lowest first,Tech Services +ubreakifix-by-asurion,allin,7,5,29,9,lowest first,Tech Services +ubreakifix-by-asurion,outlets,677,1,8,52.0,highest first,Device Repair +ubreakifix-by-asurion,growth,-6.1,15,20,7.7,highest first,Tech Services +ubreakifix-by-asurion,closure,4.3,9,19,6.3,lowest first,Tech Services +dogtopia,inv_low,664355,13,17,470000,lowest first,Daycare & Boarding +dogtopia,fee_low,40095,7,17,49000,lowest first,Daycare & Boarding +dogtopia,royalty,7,12,17,6,lowest first,Daycare & Boarding +dogtopia,allin,9,13,17,8,lowest first,Daycare & Boarding +dogtopia,outlets,266,1,16,12.5,highest first,Daycare & Boarding +dogtopia,growth,9.0,17,28,12.65,highest first,Pet Services +dogtopia,closure,0.7,5,27,2.8,lowest first,Pet Services +hand-and-stone-massage-and-facial-spa,inv_low,320891,5,13,476459,lowest first,Massage & Facial Spa +hand-and-stone-massage-and-facial-spa,fee_low,49500,9,13,40000,lowest first,Massage & Facial Spa +hand-and-stone-massage-and-facial-spa,royalty,6,3,13,6,lowest first,Massage & Facial Spa +hand-and-stone-massage-and-facial-spa,allin,7,3,13,7.75,lowest first,Massage & Facial Spa +hand-and-stone-massage-and-facial-spa,outlets,615,2,13,64,highest first,Massage & Facial Spa +hand-and-stone-massage-and-facial-spa,growth,13.5,3,9,5.8,highest first,Massage & Facial Spa +hand-and-stone-massage-and-facial-spa,closure,0.6,4,9,1.0,lowest first,Massage & Facial Spa +huntington-learning-centers,inv_low,191992,22,24,98065.0,lowest first,Academic Tutoring +huntington-learning-centers,fee_low,42000,16,24,32250.0,lowest first,Academic Tutoring +huntington-learning-centers,royalty,9.5,9,18,9.75,lowest first,Academic Tutoring +huntington-learning-centers,allin,11.5,11,18,11.0,lowest first,Academic Tutoring +huntington-learning-centers,outlets,245,5,24,43.5,highest first,Academic Tutoring +huntington-learning-centers,growth,-12.2,13,16,-7.3,highest first,Academic Tutoring +huntington-learning-centers,closure,5.8,8,16,6.05,lowest first,Academic Tutoring +mathnasium,inv_low,127316,18,24,98065.0,lowest first,Academic Tutoring +mathnasium,fee_low,49000,19,24,32250.0,lowest first,Academic Tutoring +mathnasium,royalty,10,10,18,9.75,lowest first,Academic Tutoring +mathnasium,allin,12,12,18,11.0,lowest first,Academic Tutoring +mathnasium,outlets,1047,2,24,43.5,highest first,Academic Tutoring +mathnasium,growth,7.7,2,16,-7.3,highest first,Academic Tutoring +mathnasium,closure,2.1,4,16,6.05,lowest first,Academic Tutoring +tuffy,inv_low,222000,13,22,203500.0,lowest first,Repair & Maintenance +tuffy,fee_low,30000,10,23,30000,lowest first,Repair & Maintenance +tuffy,royalty,5,1,16,6.45,lowest first,Repair & Maintenance +tuffy,allin,10,11,16,8.0,lowest first,Repair & Maintenance +tuffy,outlets,129,9,23,62,highest first,Repair & Maintenance +tuffy,growth,-20.9,14,14,-2.25,highest first,Repair & Maintenance +tuffy,closure,2.0,5,14,3.4000000000000004,lowest first,Repair & Maintenance +pet-supplies-plus,inv_low,540520,7,8,273567.5,lowest first,Pet Retail +pet-supplies-plus,fee_low,49900,5,8,47450.0,lowest first,Pet Retail +pet-supplies-plus,royalty,3,1,8,5.25,lowest first,Pet Retail +pet-supplies-plus,allin,6.5,4,8,6.5,lowest first,Pet Retail +pet-supplies-plus,outlets,735,1,8,64.5,highest first,Pet Retail +pet-supplies-plus,growth,11.4,15,28,12.65,highest first,Pet Services +pet-supplies-plus,closure,1.2,8,27,2.8,lowest first,Pet Services +the-joint,inv_low,245250,6,8,159300.0,lowest first,Chiropractic +the-joint,fee_low,39900,4,8,39950.0,lowest first,Chiropractic +the-joint,royalty,7,31,72,7.0,lowest first,Health & Medical +the-joint,allin,9,39,72,8.0,lowest first,Health & Medical +the-joint,outlets,970,1,8,71.0,highest first,Chiropractic +the-joint,growth,15.8,16,35,11.4,highest first,Health & Medical +the-joint,closure,1.6,7,33,5.6,lowest first,Health & Medical +applebee-s-neighborhood-grill-bar,inv_low,3192516,62,67,729000,lowest first,Casual Dining +applebee-s-neighborhood-grill-bar,fee_low,35000,21,67,39500,lowest first,Casual Dining +applebee-s-neighborhood-grill-bar,royalty,4,5,67,5,lowest first,Casual Dining +applebee-s-neighborhood-grill-bar,allin,8.25,56,67,7,lowest first,Casual Dining +applebee-s-neighborhood-grill-bar,outlets,1475,1,67,34,highest first,Casual Dining +applebee-s-neighborhood-grill-bar,growth,-4.3,25,35,-2.2,highest first,Casual Dining +applebee-s-neighborhood-grill-bar,closure,2.5,7,28,4.25,lowest first,Casual Dining +vio-med-spa,inv_low,642722,71,80,192237.5,lowest first,Health & Medical +vio-med-spa,fee_low,50000,48,73,40000,lowest first,Health & Medical +vio-med-spa,royalty,6,15,72,7.0,lowest first,Health & Medical +vio-med-spa,allin,7.5,22,72,8.0,lowest first,Health & Medical +vio-med-spa,outlets,64,30,76,30.0,highest first,Health & Medical +vio-med-spa,growth,88.2,3,35,11.4,highest first,Health & Medical +vio-med-spa,closure,3.1,11,33,5.6,lowest first,Health & Medical +ar-homes,inv_low,535000,54,55,56465,lowest first,Real Estate +ar-homes,fee_low,65000,52,55,25000,lowest first,Real Estate +ar-homes,royalty,3.5,5,35,5.5,lowest first,Real Estate +ar-homes,allin,3.75,6,35,6,lowest first,Real Estate +ar-homes,outlets,42,38,53,105,highest first,Real Estate +ar-homes,growth,0.0,14,40,-6.5,highest first,Real Estate +ar-homes,closure,8.2,18,40,8.55,lowest first,Real Estate +bella-bridesmaids,inv_low,102900,16,72,170207.5,lowest first,Specialty Retail +bella-bridesmaids,fee_low,50000,66,71,29500,lowest first,Specialty Retail +bella-bridesmaids,royalty,4,10,61,5,lowest first,Specialty Retail +bella-bridesmaids,allin,4,2,61,7,lowest first,Specialty Retail +bella-bridesmaids,outlets,45,35,70,44.0,highest first,Specialty Retail +bella-bridesmaids,growth,-22.4,41,44,-2.95,highest first,Specialty Retail +bella-bridesmaids,closure,7.7,28,40,5.0,lowest first,Specialty Retail +gymguyz,inv_low,92100,7,52,253425.0,lowest first,Boutique Group Fitness +gymguyz,fee_low,49500,38,53,40000,lowest first,Boutique Group Fitness +gymguyz,royalty,7,24,50,7.0,lowest first,Boutique Group Fitness +gymguyz,allin,9,27,50,8.5,lowest first,Boutique Group Fitness +gymguyz,outlets,132,11,53,30,highest first,Boutique Group Fitness +gymguyz,growth,33.3,3,23,-10.5,highest first,Boutique Group Fitness +gymguyz,closure,11.6,14,23,11.1,lowest first,Boutique Group Fitness +a-better-solution-in-home-care,inv_low,126890,52,68,102827.0,lowest first,Senior Care +a-better-solution-in-home-care,fee_low,55000,53,68,49500.0,lowest first,Senior Care +a-better-solution-in-home-care,royalty,5,4,65,5,lowest first,Senior Care +a-better-solution-in-home-care,allin,6,6,65,7,lowest first,Senior Care +a-better-solution-in-home-care,outlets,30,32,68,25.5,highest first,Senior Care +a-better-solution-in-home-care,growth,11.1,20,32,16.9,highest first,Senior Care +a-better-solution-in-home-care,closure,8.9,28,32,3.95,lowest first,Senior Care +complete-weddings-events,inv_low,68800,7,72,266500.0,lowest first,Entertainment & Recreation +complete-weddings-events,fee_low,15000,3,69,40000,lowest first,Entertainment & Recreation +complete-weddings-events,royalty,8,56,67,6,lowest first,Entertainment & Recreation +complete-weddings-events,allin,10,56,67,8,lowest first,Entertainment & Recreation +complete-weddings-events,outlets,82,10,67,15,highest first,Entertainment & Recreation +complete-weddings-events,growth,18.8,10,27,10.6,highest first,Entertainment & Recreation +complete-weddings-events,closure,3.8,10,21,4.8,lowest first,Entertainment & Recreation +decorate-with-lights,inv_low,36200,4,62,99902.5,lowest first,Outdoor +decorate-with-lights,fee_low,10000,4,62,40000.0,lowest first,Outdoor +decorate-with-lights,royalty,8,34,54,7.0,lowest first,Outdoor +decorate-with-lights,allin,10,33,54,9.0,lowest first,Outdoor +decorate-with-lights,outlets,128,19,60,60.0,highest first,Outdoor +decorate-with-lights,growth,8.5,15,39,4.6,highest first,Outdoor +decorate-with-lights,closure,6.9,25,40,5.3,lowest first,Outdoor +era-group,inv_low,76000,35,70,78025.0,lowest first,B2B Supplies +era-group,fee_low,64900,61,65,35900,lowest first,B2B Supplies +era-group,royalty,15,41,47,7,lowest first,B2B Supplies +era-group,allin,18,44,47,7.5,lowest first,B2B Supplies +era-group,outlets,196,14,68,41.5,highest first,B2B Supplies +era-group,growth,34.2,3,44,0.0,highest first,B2B Supplies +era-group,closure,7.7,23,40,6.55,lowest first,B2B Supplies +cd-one-price-cleaners,inv_low,903225,8,12,647224.0,lowest first,Dry Cleaning +cd-one-price-cleaners,fee_low,6000,1,11,20000,lowest first,Dry Cleaning +cd-one-price-cleaners,royalty,6.5,11,12,6.0,lowest first,Dry Cleaning +cd-one-price-cleaners,allin,9.5,10,12,7.5,lowest first,Dry Cleaning +cd-one-price-cleaners,outlets,40,4,11,13,highest first,Dry Cleaning +discovery-map,inv_low,29250,18,70,78025.0,lowest first,B2B Supplies +discovery-map,fee_low,25000,24,65,35900,lowest first,B2B Supplies +discovery-map,royalty,10,36,47,7,lowest first,B2B Supplies +discovery-map,allin,11,38,47,7.5,lowest first,B2B Supplies +discovery-map,outlets,116,21,68,41.5,highest first,B2B Supplies +discovery-map,growth,-1.7,26,44,0.0,highest first,B2B Supplies +discovery-map,closure,4.1,13,40,6.55,lowest first,B2B Supplies +atc-healthcare-services,inv_low,158500,28,30,77791.5,lowest first,Staffing & Employment +atc-healthcare-services,fee_low,30000,10,29,37500,lowest first,Staffing & Employment +atc-healthcare-services,outlets,34,15,30,33.0,highest first,Staffing & Employment +atc-healthcare-services,growth,-47.7,15,15,-4.9,highest first,Staffing & Employment +atc-healthcare-services,closure,22.6,13,13,10.2,lowest first,Staffing & Employment diff --git a/csv/turnover_by_year.csv b/csv/turnover_by_year.csv new file mode 100644 index 0000000000000000000000000000000000000000..30c70745d42595989e616ac678fca70adacfa2c0 --- /dev/null +++ b/csv/turnover_by_year.csv @@ -0,0 +1,76 @@ +brand_slug,year,outlets_start,opened,terminated,non_renewed,reacquired,ceased_other,transferred,outlets_end +a-better-solution-in-home-care,2023,27,2,4,0,1,0,1,25 +a-better-solution-in-home-care,2024,25,3,1,0,0,0,1,27 +a-better-solution-in-home-care,2025,27,3,1,0,0,1,0,28 +applebee-s-neighborhood-grill-bar,2023,1575,4,2,3,0,32,,1542 +applebee-s-neighborhood-grill-bar,2024,1542,0,0,6,47,29,,1460 +applebee-s-neighborhood-grill-bar,2025,1460,9,0,8,12,33,,1416 +ar-homes,2021,46,1,1,0,0,4,,42 +ar-homes,2022,42,5,0,0,0,1,,46 +ar-homes,2023,46,1,5,0,0,0,,42 +atc-healthcare-services,2023,60,12,5,0,0,2,,65 +atc-healthcare-services,2024,65,1,28,0,4,0,,34 +atc-healthcare-services,2025,34,1,1,0,0,0,,34 +baja-fresh,2023,77,1,0,1,6,5,3,67 +baja-fresh,2024,67,1,0,1,0,4,1,67 +baja-fresh,2025,67,1,0,3,0,2,2,67 +batteries-plus,2023,609,30,2,5,4,22,,606 +batteries-plus,2024,606,30,2,2,17,11,,604 +batteries-plus,2025,604,30,0,1,0,32,,601 +bella-bridesmaids,2021,57,0,0,0,0,0,1,57 +bella-bridesmaids,2022,57,0,1,0,1,0,1,55 +bella-bridesmaids,2023,55,0,1,0,2,11,10,41 +cd-one-price-cleaners,2021,35,1,0,0,0,0,2,36 +cd-one-price-cleaners,2022,36,2,0,0,0,0,2,38 +cd-one-price-cleaners,2023,38,2,0,0,0,0,4,40 +complete-weddings-events,2023,66,5,0,0,0,3,6,68 +complete-weddings-events,2024,68,11,0,0,0,1,,78 +complete-weddings-events,2025,78,7,3,0,0,1,6,81 +decorate-with-lights,2023,92,32,3,,,,,118 +decorate-with-lights,2024,118,3,0,0,0,0,,121 +decorate-with-lights,2025,121,1,5,0,0,12,,105 +discovery-map,2023,114,2,2,0,1,0,15,113 +discovery-map,2024,113,11,5,1,0,0,10,118 +discovery-map,2025,118,4,6,0,0,0,6,116 +dogtopia,2023,174,33,0,0,2,0,,205 +dogtopia,2024,205,15,0,0,0,0,,220 +dogtopia,2025,220,9,2,0,0,2,,225 +era-group,2023,136,23,6,0,2,7,,144 +era-group,2024,144,30,12,1,0,0,,161 +era-group,2025,161,43,8,0,0,0,,196 +gymguyz,2022,95,15,0,0,0,13,3,97 +gymguyz,2023,97,26,0,0,0,4,6,119 +gymguyz,2024,119,30,13,0,14,6,3,116 +hand-and-stone-massage-and-facial-spa,2023,487,43,2,0,1,0,,527 +hand-and-stone-massage-and-facial-spa,2024,527,55,0,0,0,2,,580 +hand-and-stone-massage-and-facial-spa,2025,580,25,4,0,0,1,,600 +huntington-learning-centers,2023,280,4,10,0,1,0,,273 +huntington-learning-centers,2024,273,4,15,2,0,0,,260 +huntington-learning-centers,2025,260,4,17,3,1,0,,243 +liberty-tax-service,2023,1991,23,119,30,0,52,,1813 +liberty-tax-service,2024,1813,34,73,38,12,38,,1686 +liberty-tax-service,2025,1686,22,62,38,43,28,,1537 +mathnasium,2023,951,43,0,0,1,25,,968 +mathnasium,2024,968,47,0,0,0,20,,995 +mathnasium,2025,995,63,0,0,0,15,,1043 +pet-supplies-plus,2022,374,60,0,0,1,4,,429 +pet-supplies-plus,2023,429,60,0,0,0,4,,485 +pet-supplies-plus,2024,485,28,0,0,3,8,,502 +supercuts,2023,2252,14,0,0,0,196,,2070 +supercuts,2024,2070,10,0,0,0,145,,1935 +supercuts,2025,1935,11,0,0,108,137,,1701 +take-5-oil-change,2022,134,94,0,0,1,0,,227 +take-5-oil-change,2023,227,100,1,0,1,0,,325 +take-5-oil-change,2024,325,110,1,0,2,0,,432 +the-joint,2022,610,123,0,0,16,5,46,712 +the-joint,2023,712,104,0,1,3,12,24,800 +the-joint,2024,800,60,0,0,0,15,41,845 +tuffy,2022,145,4,4,1,41,0,,103 +tuffy,2023,103,9,1,0,11,0,,100 +tuffy,2024,100,3,1,0,1,0,,101 +ubreakifix-by-asurion,2023,443,136,18,0,1,3,,557 +ubreakifix-by-asurion,2024,557,15,2,1,0,18,,551 +ubreakifix-by-asurion,2025,551,22,13,0,0,11,,549 +vio-med-spa,2023,15,14,0,0,0,0,,29 +vio-med-spa,2024,29,25,0,0,1,0,,53 +vio-med-spa,2025,53,12,1,0,0,2,,62 diff --git a/csv/value_ratios.csv b/csv/value_ratios.csv new file mode 100644 index 0000000000000000000000000000000000000000..caf7235f49ee8ebd91d173d091f4571e0f727ca4 --- /dev/null +++ b/csv/value_ratios.csv @@ -0,0 +1,26 @@ +brand_slug,comparable_annual_revenue_usd,investment_midpoint_usd,revenue_to_investment,royalty_pct,revenue_per_royalty_point_usd +a-better-solution-in-home-care,595052,181120,3.29,5,119010 +applebee-s-neighborhood-grill-bar,2822904,4134347,0.68,4,705726 +ar-homes,18125591,1362500,13.3,3.5,5178740 +atc-healthcare-services,1518641,230500,6.59,, +baja-fresh,813419,731425,1.11,5,162684 +batteries-plus,833660,410711,2.03,5,166732 +bella-bridesmaids,290315,182450,1.59,4,72579 +cd-one-price-cleaners,1075802,1127537,0.95,6.5,165508 +complete-weddings-events,208377,74775,2.79,8,26047 +decorate-with-lights,30108,53325,,8,3764 +discovery-map,53210,32775,,10,5321 +dogtopia,915213,1071587,0.85,7,130745 +era-group,268982,90950,2.96,15,17932 +gymguyz,130644,133050,0.98,7,18663 +hand-and-stone-massage-and-facial-spa,1236266,592810,2.09,6,206044 +huntington-learning-centers,533106,266312,2.0,9.5,56116 +liberty-tax-service,139486,60550,,14,9963 +mathnasium,326428,146581,2.23,10,32643 +pet-supplies-plus,2496071,1257762,1.98,3,832024 +supercuts,297216,254695,1.17,6,49536 +take-5-oil-change,1271529,1482945,0.86,7,181647 +the-joint,527787,394125,1.34,7,75398 +tuffy,1343137,472750,2.84,5,268627 +ubreakifix-by-asurion,593881,319750,1.86,7,84840 +vio-med-spa,1125341,876338,1.28,6,187557 diff --git a/example_queries.sql b/example_queries.sql new file mode 100644 index 0000000000000000000000000000000000000000..ed9ac3ec7908e2f8bc4b84854a876742e28a46cc --- /dev/null +++ b/example_queries.sql @@ -0,0 +1,44 @@ +-- Ten lowest total investment (low end), unit-franchise offers only +SELECT brand_name, total_investment_low_usd, total_investment_high_usd FROM v_brand_summary WHERE edition_note IS NULL AND total_investment_low_usd > 1000 ORDER BY total_investment_low_usd LIMIT 10; + +-- Highest comparable revenue in quick-service food +SELECT b.brand_name, r.annual_revenue_usd, r.basis FROM comparable_revenue r JOIN brands b USING (brand_slug) WHERE b.industry LIKE 'food-quick-service%' ORDER BY r.annual_revenue_usd DESC LIMIT 10; + +-- Brands whose franchised outlets fell in every year on file +SELECT brand_slug, COUNT(*) AS years FROM turnover_by_year GROUP BY brand_slug HAVING COUNT(*) >= 3 AND SUM(outlets_end < outlets_start) = COUNT(*); + +-- Highest closure rate among brands with 100+ franchised outlets +SELECT b.brand_name, m.closure_rate_pct, m.closures, m.franchised_outlet_years, m.closure_year_from, m.closure_year_to FROM brand_metrics m JOIN brands b USING (brand_slug) WHERE m.franchised_outlets >= 100 AND m.closure_ranking_eligible = 1 ORDER BY m.closure_rate_pct DESC LIMIT 10; + +-- Every Item 19 figure for one brand, with page numbers +SELECT metric_label, cohort_label, outlet_count, avg_value, median_value, period, fdd_page FROM item19_figures WHERE brand_slug = 'great-clips'; + +-- Brands disclosing net profit or EBITDA in Item 19 +SELECT DISTINCT b.brand_name, i.metric FROM item19_figures i JOIN brands b USING (brand_slug) WHERE i.metric IN ('net_profit','ebitda') ORDER BY b.brand_name; + +-- Lowest royalty + marketing % of sales among brands with 50+ outlets +SELECT f.brand_name, f.pct_of_sales_to_franchisor FROM v_fee_burden f JOIN brand_metrics m USING (brand_slug) WHERE m.total_outlets >= 50 ORDER BY f.pct_of_sales_to_franchisor LIMIT 10; + +-- Brands with the most outlets in Texas (latest year) +SELECT brand_name, outlets_end FROM v_state_footprint WHERE state = 'TX' ORDER BY outlets_end DESC LIMIT 10; + +-- Brands absent from California but in 10+ other states +SELECT brand_name FROM v_brand_summary WHERE states_count >= 10 AND brand_slug NOT IN (SELECT brand_slug FROM v_state_footprint WHERE state = 'CA'); + +-- Average initial fee by industry +SELECT b.industry_label, ROUND(AVG(f.initial_fee_low_usd)) AS avg_fee_low, COUNT(*) AS brands FROM fees f JOIN brands b USING (brand_slug) WHERE f.initial_fee_low_usd IS NOT NULL GROUP BY 1 HAVING COUNT(*) >= 10 ORDER BY 2 DESC; + +-- Agreement terms: shortest initial term with a renewal option +SELECT b.brand_name, a.term_years, a.renewal_term_years, a.renewal_count FROM agreement_terms a JOIN brands b USING (brand_slug) WHERE a.renewal_count >= 1 ORDER BY a.term_years LIMIT 10; + +-- The ten most similar brands to Great Clips +SELECT rank, alternative_name, same_sub_category, alternative_investment_low_usd, alternative_total_outlets FROM alternatives WHERE brand_slug = 'great-clips' ORDER BY rank; + +-- Where one brand ranks against its peers +SELECT metric, value, rank, peers, peer_median, rank_order, peer_group FROM peer_ranks WHERE brand_slug = 'great-clips'; + +-- Highest revenue relative to investment (revenue is not profit) +SELECT b.brand_name, v.comparable_annual_revenue_usd, v.investment_midpoint_usd, v.revenue_to_investment FROM value_ratios v JOIN brands b USING (brand_slug) WHERE v.revenue_to_investment IS NOT NULL ORDER BY v.revenue_to_investment DESC LIMIT 10; + +-- Year-by-year terminations for one brand +SELECT year, outlets_start, terminated, non_renewed, ceased_other, transferred, outlets_end FROM turnover_by_year WHERE brand_slug = 'subway' ORDER BY year; diff --git a/franchisedepth.sqlite b/franchisedepth.sqlite new file mode 100644 index 0000000000000000000000000000000000000000..574ffee68b7653aeb2fac8171d79fef64c0a8c7a --- /dev/null +++ b/franchisedepth.sqlite @@ -0,0 +1,3 @@ +version https://git-lfs.github.com/spec/v1 +oid sha256:ff075608c2ff5683f58ae41262d3a7988bf89bbe946716e9d9681cfe1ac04894 +size 536576 diff --git a/franchisedepth.xlsx b/franchisedepth.xlsx new file mode 100644 index 0000000000000000000000000000000000000000..28ec09ae244c45be7e62893963ea159ee39f6977 --- /dev/null +++ b/franchisedepth.xlsx @@ -0,0 +1,3 @@ +version https://git-lfs.github.com/spec/v1 +oid sha256:651c51a90bbc30d804bec8b4f6ed3697e019992adae1003352378ec42b6d65e3 +size 117357 diff --git a/mcp/franchisedepth_mcp.py b/mcp/franchisedepth_mcp.py new file mode 100644 index 0000000000000000000000000000000000000000..125ceaa9649957a38d61e56dfffb2d7e62975288 --- /dev/null +++ b/mcp/franchisedepth_mcp.py @@ -0,0 +1,111 @@ +"""FranchiseDepth FDD Database: read-only MCP server. + +Connects franchisedepth.sqlite to Claude Desktop, Cursor and other MCP clients. The database is +opened read-only, and an SQLite authorizer allows only reads, so no tool can change it. + + uv run --with mcp python franchisedepth_mcp.py [path/to/franchisedepth.sqlite] + +With no path, it looks for franchisedepth.sqlite one folder up (the product's root folder). +""" +from __future__ import annotations + +import sqlite3 +import sys +from pathlib import Path + +try: # mcp 2.x renamed FastMCP to MCPServer; same name/instructions/tool()/run() interface + from mcp.server.mcpserver import MCPServer as FastMCP +except ImportError: # mcp 1.x + from mcp.server.fastmcp import FastMCP + +HERE = Path(__file__).resolve().parent +DB = Path(sys.argv[1]) if len(sys.argv) > 1 else HERE.parent / "franchisedepth.sqlite" +GUIDE = DB.parent / "AGENTS.md" +MAX_ROWS = 500 +READ_ONLY_ACTIONS = {sqlite3.SQLITE_SELECT, sqlite3.SQLITE_READ, sqlite3.SQLITE_FUNCTION, + getattr(sqlite3, "SQLITE_RECURSIVE", 33)} + +mcp = FastMCP("franchisedepth", instructions=( + "FranchiseDepth FDD Database: fees, investment, Item 19 earnings, Item 20 outlets and closures, " + "state counts and agreement terms for US franchise brands, from their Franchise Disclosure Documents. " + "Call guide() first: it explains every table, the units, NULLs and methods. Join tables on brand_slug. " + "Cite the brand's fdd_year and, for Item 19 figures, the cohort and fdd_page.")) + + +def _conn() -> sqlite3.Connection: + if not DB.exists(): + raise FileNotFoundError(f"database not found: {DB}") + c = sqlite3.connect(f"file:{DB.as_posix()}?mode=ro", uri=True) + c.row_factory = sqlite3.Row + c.set_authorizer(lambda action, *_: sqlite3.SQLITE_OK if action in READ_ONLY_ACTIONS else sqlite3.SQLITE_DENY) + return c + + +def _rows(sql: str, args: tuple = (), limit: int = MAX_ROWS) -> list[dict]: + with _conn() as c: + cur = c.execute(sql, args) + return [dict(r) for r in cur.fetchmany(min(max(1, limit), MAX_ROWS))] + + +@mcp.tool() +def guide() -> str: + """The database guide (AGENTS.md): every table and column, units, what NULL means, and how derived figures are computed. Read it before querying.""" + return GUIDE.read_text(encoding="utf-8") if GUIDE.exists() else "AGENTS.md not found next to the database." + + +@mcp.tool() +def list_tables() -> list[dict]: + """Every table with its description and row count, plus the views.""" + tables = _rows("SELECT table_name, description, row_count FROM table_docs ORDER BY table_name") + views = _rows("SELECT name FROM sqlite_master WHERE type = 'view' ORDER BY name") + return tables + [{"table_name": v["name"], "description": "view", "row_count": None} for v in views] + + +@mcp.tool() +def describe_table(table: str) -> list[dict]: + """Columns of one table with type and meaning.""" + return _rows("SELECT column_name, type, description FROM column_docs WHERE table_name = ? ", (table,)) + + +@mcp.tool() +def query(sql: str, limit: int = 200) -> dict: + """Run one read-only SQL SELECT and return up to `limit` rows (max 500). Join tables on brand_slug.""" + try: + rows = _rows(sql.strip().rstrip(";"), (), limit) + return {"rows": rows, "row_count": len(rows), "truncated_at": min(max(1, limit), MAX_ROWS)} + except sqlite3.Error as e: + return {"error": str(e), "hint": "Only single SELECT statements are allowed. See describe_table() for column names."} + + +@mcp.tool() +def search_brands(text: str, industry: str | None = None, limit: int = 20) -> list[dict]: + """Find brands by name (case-insensitive substring), optionally within an industry code prefix.""" + sql = "SELECT brand_slug, brand_name, industry, industry_label, fdd_year FROM brands WHERE brand_name LIKE ?" + args: list = [f"%{text}%"] + if industry: + sql += " AND industry LIKE ?" + args.append(f"{industry}%") + return _rows(sql + " ORDER BY brand_name", tuple(args), limit) + + +@mcp.tool() +def get_brand(brand_slug: str) -> dict: + """Everything on file for one brand: identity, fees, outlets, closure rate, outlet growth, all-in fee, comparable revenue, Item 19 figures, turnover and closures by year, agreement terms.""" + with _conn() as c: + have = {r[0] for r in c.execute("SELECT name FROM sqlite_master WHERE type = 'table'")} + out: dict = {} + for t in ("brands", "fees", "fee_notes", "brand_metrics", "comparable_revenue", "agreement_terms"): + if t in have: + r = _rows(f"SELECT * FROM {t} WHERE brand_slug = ?", (brand_slug,), 1) + out[t] = r[0] if r else None + for t, order in (("item19_figures", "metric, cohort"), ("turnover_by_year", "year"), ("closure_by_year", "year"), + ("outlets_by_year", "year, outlet_type")): + if t in have: + out[t] = _rows(f"SELECT * FROM {t} WHERE brand_slug = ? ORDER BY {order}", (brand_slug,)) + if not out.get("brands"): + return {"error": f"no brand with slug {brand_slug!r}; use search_brands()"} + return out + + +if __name__ == "__main__": + mcp.run() diff --git a/parquet/agreement_terms.parquet b/parquet/agreement_terms.parquet new file mode 100644 index 0000000000000000000000000000000000000000..c1ad6be0fee9b1ee7775b5695e80c93ab5ab3d5f --- /dev/null +++ b/parquet/agreement_terms.parquet @@ -0,0 +1,3 @@ +version https://git-lfs.github.com/spec/v1 +oid sha256:665f8688c396663cac3ba3faeaeccee20e577242bb30f40dc5c984f5a2855ede +size 7401 diff --git a/parquet/alternatives.parquet b/parquet/alternatives.parquet new file mode 100644 index 0000000000000000000000000000000000000000..4b620f225ace8e0055995f77952197c3ca4159eb --- /dev/null +++ b/parquet/alternatives.parquet @@ -0,0 +1,3 @@ +version https://git-lfs.github.com/spec/v1 +oid sha256:9d09a463fc048280881b07a9cd892e19398cc4569a8f722a26eb41120b855358 +size 15161 diff --git 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slug: a-better-solution-in-home-care +- Legal name: ABS Franchise Services, Inc. +- Industry: Senior Care +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/a-better-solution-in-home-care/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 55,000 +- initial_fee_high_usd: 55,000 +- royalty_pct: 5 +- royalty_min_monthly_usd: 1,000 +- marketing_fee_pct: 1 +- marketing_min_monthly_usd: 250 +- tech_fee_monthly_usd: 399 +- total_investment_low_usd: 126,890 +- total_investment_high_usd: 235,350 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Base $55k uniformly imposed. Discounts available: $2,500 Franchise Expo, $10,000 senior-level employee, $5,000 qualified veteran; territorial: $30,000 for second territory, $20,000 for third and subsequent. Optional Licensing Assistance Fee $3,500; Optional Enhanced Support Services Fee $4,500. System Technology Fee $299 per month. SwyftOps software is required; its monthly fee, paid directly to SwyftOps and based on scheduled hours or active clients, currently averages about $100 to $700+ per month. Local advertising: you must spend the greater of 2% of Gross Revenues or $1,000 per month, in addition to the National Marketing Fee. The franchisor may direct up to 4% of Gross Revenues to a Local Marketing Cooperative. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 30 +- franchised_outlets: 28 +- company_outlets: 2 +- states_count: 14 +- closure_rate_pct: 8.9 +- closures: 7 +- closures_not_itemized: 0 +- reacquired: 1 +- franchised_outlet_years: 79 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 11.1 +- growth_outlets_from: 27 +- growth_outlets_to: 30 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 6 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 595,052 +- basis: median, 23 (out of 28) franchisee-owned Agencies open 12 full calendar months as of December 31, 2025 (23 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| 2025 Gross Revenue | 23 (out of 28) franchisee-owned Agencies open 12 full calendar months as of December 31, 2025 | 23 | 810,813.82 | 595,052 | 186,936.84 | 2,260,332.03 | Fiscal Year 2025 | 41 | +| Combined Gross Sales (Affiliate Agency Financial Results-2025) | 2 affiliate-owned Agencies (San Diego, CA and Phoenix, AZ), combined | 2 | 6,505,832 | not disclosed | not disclosed | not disclosed | Fiscal Year 2025 | 41 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 27 | 2 | 4 | 0 | 1 | 0 | 1 | 25 | +| 2024 | 25 | 3 | 1 | 0 | 0 | 0 | 1 | 27 | +| 2025 | 27 | 3 | 1 | 0 | 0 | 1 | 0 | 28 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 595,052 +- investment_midpoint_usd: 181,120 +- revenue_to_investment: 3.29 +- royalty_pct: 5 +- revenue_per_royalty_point_usd: 119,010 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 126,890 | 52 | 68 | 102,827 | lowest first | Senior Care | +| fee_low | 55,000 | 53 | 68 | 49,500 | lowest first | Senior Care | +| royalty | 5 | 4 | 65 | 5 | lowest first | Senior Care | +| allin | 6 | 6 | 65 | 7 | lowest first | Senior Care | +| outlets | 30 | 32 | 68 | 25.5 | highest first | Senior Care | +| growth | 11.1 | 20 | 32 | 16.9 | highest first | Senior Care | +| closure | 8.9 | 28 | 32 | 3.95 | lowest first | Senior Care | + +## Similar alternatives (closest first) +1. Mastercare (same industry; investment from $125,800) +2. 1Heart Caregiver Services (same industry; investment from $125,650) +3. Visiting Angels (same industry; investment from $125,460) +4. Elder-Well (same industry; investment from $130,900) +5. Amada Senior Care (same industry; investment from $121,577) +6. Avendelle Assisted Living (same industry; investment from $121,525) +7. Home Helpers Home Care (same industry; investment from $120,750) +8. 2nd Family (same industry; investment from $119,825) +9. Comfort Keepers (same industry; investment from $119,560) +10. Nurse Next Door (same industry; investment from $119,115) diff --git a/profiles/applebee-s-neighborhood-grill-bar.md b/profiles/applebee-s-neighborhood-grill-bar.md new file mode 100644 index 0000000000000000000000000000000000000000..ea9eb879d2fd21684361ebabaeab76c8d6145296 --- /dev/null +++ b/profiles/applebee-s-neighborhood-grill-bar.md @@ -0,0 +1,97 @@ +# Applebee's Neighborhood Grill & Bar + +- Brand slug: applebee-s-neighborhood-grill-bar +- Legal name: APPLEBEE'S FRANCHISOR LLC +- Industry: Food Quick Service +- FDD year: 2026 (NASAA EFD) +- Source: https://www.nasaaefd.org/Franchise/Search +- FranchiseDepth page: https://franchisedepth.com/franchise/applebee-s-neighborhood-grill-bar/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 35,000 +- initial_fee_high_usd: 50,000 +- royalty_pct: 4 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 4.25 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 3,192,516 +- total_investment_high_usd: 5,076,178 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Celebration prototype (current new-build design; none open yet): $3,192,516–$5,076,178, excluding real estate. The discontinued Tower II prototype costs $3,870,004–$5,822,933. A Dual Branded Restaurant (combined IHOP and Applebee's cost, by conversion or ground-up construction) costs $616,682–$4,632,445. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 1,475 +- franchised_outlets: 1,416 +- company_outlets: 59 +- states_count: 49 +- closure_rate_pct: 2.5 +- closures: 113 +- closures_not_itemized: 0 +- reacquired: 59 +- franchised_outlet_years: 4586 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -4.3 +- growth_outlets_from: 1,542 +- growth_outlets_to: 1,475 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 8.25 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 2,822,904 +- basis: median, Traditional Franchised Restaurants - All Regions (1,351 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Annualized Average Gross Sales | Traditional Franchised Restaurants - Midwest Region | 403 | 2,662,918 | 2,545,951 | 1,053,693 | 5,011,435 | 12 months, December 30, 2024 to December 28, 2025 | 53 | +| Annualized Average Gross Sales | Traditional Franchised Restaurants - Northeast Region | 279 | 3,830,089 | 3,609,473 | 1,994,980 | 10,150,710 | 12 months, December 30, 2024 to December 28, 2025 | 53 | +| Annualized Average Gross Sales | Traditional Franchised Restaurants - South Region | 419 | 2,450,367 | 2,361,192 | 1,086,609 | 5,036,244 | 12 months, December 30, 2024 to December 28, 2025 | 53 | +| Annualized Average Gross Sales | Traditional Franchised Restaurants - West Region | 250 | 3,292,418 | 3,224,283 | 1,733,894 | 5,754,375 | 12 months, December 30, 2024 to December 28, 2025 | 53 | +| Annualized Average Gross Sales | Traditional Franchised Restaurants - All Regions | 1,351 | 2,954,522 | 2,822,904 | 1,053,693 | 10,150,710 | 12 months, December 30, 2024 to December 28, 2025 | 53 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 1,575 | 4 | 2 | 3 | 0 | 32 | not disclosed | 1,542 | +| 2024 | 1,542 | 0 | 0 | 6 | 47 | 29 | not disclosed | 1,460 | +| 2025 | 1,460 | 9 | 0 | 8 | 12 | 33 | not disclosed | 1,416 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 2,822,904 +- investment_midpoint_usd: 4,134,347 +- revenue_to_investment: 0.68 +- royalty_pct: 4 +- revenue_per_royalty_point_usd: 705,726 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 3,192,516 | 62 | 67 | 729,000 | lowest first | Casual Dining | +| fee_low | 35,000 | 21 | 67 | 39,500 | lowest first | Casual Dining | +| royalty | 4 | 5 | 67 | 5 | lowest first | Casual Dining | +| allin | 8.25 | 56 | 67 | 7 | lowest first | Casual Dining | +| outlets | 1,475 | 1 | 67 | 34 | highest first | Casual Dining | +| growth | -4.3 | 25 | 35 | -2.2 | highest first | Casual Dining | +| closure | 2.5 | 7 | 28 | 4.25 | lowest first | Casual Dining | + +## Similar alternatives (closest first) +1. Twin Peaks (same sub-category; investment from $2,959,000) +2. Patsy's Italian Restaurant (same sub-category; investment from $2,853,500) +3. Fogo de Chão (same sub-category; investment from $2,680,000) +4. Ruth's Chris Steak House (same sub-category; investment from $2,502,000) +5. Chili's (same sub-category; investment from $3,959,695) +6. Carrabba's Italian Grill (same sub-category; investment from $4,260,000) +7. Bombshells Restaurant and Bar (same sub-category; investment from $2,094,000) +8. Outback Steakhouse (same sub-category; investment from $4,303,000) +9. Bonefish Grill (same sub-category; investment from $4,303,000) +10. Honest (same sub-category; investment from $1,862,000) diff --git a/profiles/ar-homes.md b/profiles/ar-homes.md new file mode 100644 index 0000000000000000000000000000000000000000..e8c249afd58f50557c07005c0666078d5baaaadd --- /dev/null +++ b/profiles/ar-homes.md @@ -0,0 +1,95 @@ +# AR Homes + +- Brand slug: ar-homes +- Legal name: AR FRANCHISING, INC. +- Industry: Real Estate +- FDD year: 2024 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/ar-homes/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 65,000 +- initial_fee_high_usd: 65,000 +- royalty_pct: 3.5 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 0.25 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 1,000 +- total_investment_low_usd: 535,000 +- total_investment_high_usd: 2,190,000 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Royalty varies by product type (3.5%-4.25%). Minimum Annual Royalty set by mutual agreement. Brand Fund (marketing): 0.25% of Contract Sales, max $25,000/year, can increase to 1% with max $100,000. Item 6 prints the Technology Fee as "currently $1,00 per month"; Franchise Agreement Section 6.1(d) states a monthly Technology Fee of $1,000, which covers up to 5 users. Additional users are $100 per user per month. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 42 +- franchised_outlets: 42 +- company_outlets: 0 +- states_count: 10 +- closure_rate_pct: 8.2 +- closures: 11 +- closures_not_itemized: 0 +- reacquired: 0 +- franchised_outlet_years: 134 +- closure_year_from: 2021 +- closure_year_to: 2023 +- closure_ranking_eligible: yes +- growth_pct: 0 +- growth_outlets_from: 42 +- growth_outlets_to: 42 +- growth_year_from: 2021 +- growth_year_to: 2023 +- growth_ranking_eligible: yes +- all_in_fee_pct: 3.75 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 18,125,591 +- basis: median, 29 of the 41 active franchised AR Homes Building Companies that closed a home in 2023 and reported full-year results (29 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Closing Revenue | 29 of the 41 active franchised AR Homes Building Companies that closed a home in 2023 and reported full-year results | 29 | 19,790,221 | 18,125,591 | 1,267,214 | 51,263,399 | 2023 Calendar Year | 48 | +| Gross Profit | 29 of the 41 active franchised AR Homes Building Companies that closed a home in 2023 and reported full-year results | 29 | 2,938,578 | 2,237,139 | 258,525 | 12,265,251 | 2023 Calendar Year | 48 | +| Adj. Net Income (Net Income plus owner compensation) | 29 of the 41 active franchised AR Homes Building Companies that closed a home in 2023 and reported full-year results | 29 | 1,121,735 | 486,453 | -357,291 | 8,083,158 | 2023 Calendar Year | 48 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2021 | 46 | 1 | 1 | 0 | 0 | 4 | not disclosed | 42 | +| 2022 | 42 | 5 | 0 | 0 | 0 | 1 | not disclosed | 46 | +| 2023 | 46 | 1 | 5 | 0 | 0 | 0 | not disclosed | 42 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 18,125,591 +- investment_midpoint_usd: 1,362,500 +- revenue_to_investment: 13.3 +- royalty_pct: 3.5 +- revenue_per_royalty_point_usd: 5,178,740 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 535,000 | 54 | 55 | 56,465 | lowest first | Real Estate | +| fee_low | 65,000 | 52 | 55 | 25,000 | lowest first | Real Estate | +| royalty | 3.5 | 5 | 35 | 5.5 | lowest first | Real Estate | +| allin | 3.75 | 6 | 35 | 6 | lowest first | Real Estate | +| outlets | 42 | 38 | 53 | 105 | highest first | Real Estate | +| growth | 0 | 14 | 40 | -6.5 | highest first | Real Estate | +| closure | 8.2 | 18 | 40 | 8.55 | lowest first | Real Estate | + +## Similar alternatives (closest first) +1. Engel & Völkers (same sub-category; investment from $108,690) +2. The Oceanaire Realty (same sub-category; investment from $81,700) +3. Christie's International Real Estate (same sub-category; investment from $64,475) +4. Corcoran (same sub-category; investment from $62,150) +5. Sotheby's International Realty (same sub-category; investment from $47,250) +6. Integra (same industry; investment from $236,000) +7. Linden Creek (same industry; investment from $227,225) +8. Set the Stage (same industry; investment from $204,150) +9. Keller Williams Realty (same industry; investment from $183,647) +10. NE Tiny Homes (same industry; investment from $147,000) diff --git a/profiles/atc-healthcare-services.md b/profiles/atc-healthcare-services.md new file mode 100644 index 0000000000000000000000000000000000000000..0a38ff55999877d6854064d45fca20916ab0abcc --- /dev/null +++ b/profiles/atc-healthcare-services.md @@ -0,0 +1,97 @@ +# ATC Healthcare Services + +- Brand slug: atc-healthcare-services +- Legal name: ATC Healthcare Services, LLC +- Industry: Staffing & Employment +- FDD year: 2026 (NASAA EFD) +- Source: https://www.nasaaefd.org/Franchise/Search +- FranchiseDepth page: https://franchisedepth.com/franchise/atc-healthcare-services/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 30,000 +- initial_fee_high_usd: 50,000 +- royalty_pct: not disclosed +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 0 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 158,500 +- total_investment_high_usd: 302,500 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard fee $50,000; military veteran/active duty discount 25% ($37,500); last fiscal year collected $30,000-$50,000. Multiple unit packages: $50,000 first unit + $37,500 per additional unit. Royalty Fee is 45% of gross margin on temporary and temp-to-hire placement revenue and 15% of gross margin on permanent placement revenue, where gross margin is Total Revenue less Direct Costs. Conversion franchises pay 35% of gross margin on existing business for the first two years, then 45%. Minimum royalty, assessed quarterly: $12,000 in year 1 ($6,000 in each of quarters 3 and 4), $100,000 in year 2, $150,000 in year 3, $200,000 in year 4, $210,000 in year 5, $220,500 in year 6, $231,524 in year 7, $243,100 in year 8, $255,256 in year 9 and $268,016 in year 10. Technology Fee $1,500-$3,000 per month. Brand Development Fee of up to 1% of Total Revenue is reserved; the fund was not established as of September 30, 2025. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 34 +- franchised_outlets: 34 +- company_outlets: 0 +- states_count: 17 +- closure_rate_pct: 22.6 +- closures: 36 +- closures_not_itemized: 0 +- reacquired: 4 +- franchised_outlet_years: 159 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -47.7 +- growth_outlets_from: 65 +- growth_outlets_to: 34 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: not disclosed +- all_in_basis: not disclosed + +## Comparable revenue +- annual_revenue_usd: 1,518,641 +- basis: median, Reporting Franchises Open for 1-5 Years (14 franchises) (14 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Total Revenue of Reporting Franchises Open for 1-5 Years | Reporting Franchises Open for 1-5 Years (14 franchises) | 14 | 3,536,960 | 1,518,641 | 105,577 | 13,786,163 | fiscal year ended September 30, 2025 | not disclosed | +| Gross Margin % of Reporting Franchises Open for 1-5 Years | Reporting Franchises Open for 1-5 Years (14 franchises) | 14 | 22 | 21 | 12 | 34 | | not disclosed | +| Total Revenue of Reporting Franchises Open for 6-10 Years | Reporting Franchises Open for 6-10 Years (8 franchises) | 8 | 1,799,504 | 2,007,974 | 444,638 | 3,654,501 | | not disclosed | +| Gross Margin % of Reporting Franchises Open for 6-10 Years | Reporting Franchises Open for 6-10 Years (8 franchises) | 8 | 25 | 23 | 18 | 37 | | not disclosed | +| Total Revenue of Reporting Franchises Open for 11+ Years | Reporting Franchises Open for 11+ Years (11 franchises) | 11 | 3,485,449 | 1,966,369 | 283,978 | 10,286,436 | | not disclosed | +| Gross Margin % of Reporting Franchises Open for 11+ Years | Reporting Franchises Open for 11+ Years (11 franchises) | 11 | 22 | 21 | 16 | 30 | | not disclosed | +| Permanent Placements | Reporting Franchises Offering Permanent Placements (9 franchises) | not disclosed | 18,885 | 15,707 | 1,778 | 68,273 | fiscal year ended September 30, 2025 | 53 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 60 | 12 | 5 | 0 | 0 | 2 | not disclosed | 65 | +| 2024 | 65 | 1 | 28 | 0 | 4 | 0 | not disclosed | 34 | +| 2025 | 34 | 1 | 1 | 0 | 0 | 0 | not disclosed | 34 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 1,518,641 +- investment_midpoint_usd: 230,500 +- revenue_to_investment: 6.59 +- royalty_pct: not disclosed +- revenue_per_royalty_point_usd: not disclosed + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 158,500 | 28 | 30 | 77,791.5 | lowest first | Staffing & Employment | +| fee_low | 30,000 | 10 | 29 | 37,500 | lowest first | Staffing & Employment | +| outlets | 34 | 15 | 30 | 33 | highest first | Staffing & Employment | +| growth | -47.7 | 15 | 15 | -4.9 | highest first | Staffing & Employment | +| closure | 22.6 | 13 | 13 | 10.2 | lowest first | Staffing & Employment | + +## Similar alternatives (closest first) +1. Signal (same industry; investment from $160,200) +2. Labor Finders (same industry; investment from $153,635) +3. AtWork (same industry; investment from $165,000) +4. PrideStaff (same industry; investment from $151,950) +5. Silbar Security (same industry; investment from $145,500) +6. Snapchef (same industry; investment from $138,140) +7. Spherion (same industry; investment from $132,980) +8. Express Employment Professionals (same industry; investment from $131,000) +9. Nextaff (same industry; investment from $126,700) +10. The Entrepreneur's Source (same industry; investment from $114,350) diff --git a/profiles/baja-fresh.md b/profiles/baja-fresh.md new file mode 100644 index 0000000000000000000000000000000000000000..27bfed4196d05175cba2cc92dc2919b6a6aea372 --- /dev/null +++ b/profiles/baja-fresh.md @@ -0,0 +1,108 @@ +# Baja Fresh + +- Brand slug: baja-fresh +- Legal name: BF Acquisition Holdings, LLC +- Industry: Food Quick Service +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/baja-fresh/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 10,000 +- initial_fee_high_usd: 30,000 +- royalty_pct: 5 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 3 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 130 +- total_investment_low_usd: 428,560 +- total_investment_high_usd: 1,034,290 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Traditional Restaurant: $30,000 (first unit), reduced to $15,000 for second and subsequent traditional restaurants. Non-Traditional Restaurant: $20,000 (first unit), reduced to $10,000 for second and subsequent non-traditional restaurants. Eligible Military (active, active reserve, or honorably discharged) and federally recognized 501(c)(3) organizations receive a 20% discount on the Initial Franchise Fee. No refunds under any circumstances. Fee is waived for transfer or renewal signings. Franchisor may periodically reduce the fee for limited-time promotions. Technology fees are a $55 per month POS Help Desk fee plus a POS data polling fee of up to $75 per month. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 68 +- franchised_outlets: 67 +- company_outlets: 1 +- states_count: 11 +- closure_rate_pct: 7.6 +- closures: 16 +- closures_not_itemized: 0 +- reacquired: 6 +- franchised_outlet_years: 211 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -12.8 +- growth_outlets_from: 78 +- growth_outlets_to: 68 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 8 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 813,419 +- basis: median, All franchised outlets (65 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Average Gross Sales / Median Gross Sales | All franchised outlets | 65 | 822,568 | 813,419 | not disclosed | not disclosed | December 1, 2024 through November 30, 2025 | 83 | +| Average Gross Sales / Median Gross Sales | Top 20% franchised outlets | 13 | 1,283,451 | 1,222,206 | not disclosed | not disclosed | December 1, 2024 through November 30, 2025 | 83 | +| Average Gross Sales / Median Gross Sales | Bottom 20% franchised outlets | 13 | 359,747 | 406,368 | not disclosed | not disclosed | December 1, 2024 through November 30, 2025 | 83 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 77 | 1 | 0 | 1 | 6 | 5 | 3 | 67 | +| 2024 | 67 | 1 | 0 | 1 | 0 | 4 | 1 | 67 | +| 2025 | 67 | 1 | 0 | 3 | 0 | 2 | 2 | 67 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 1 +- renewal_term_years: 5 +- renewal_fee: Pay a renewal franchise fee (amount not specified in Item 17 table; renewal FA may have materially different terms including higher royalty and advertising fees) +- transfer_fee: Transfer franchise fee and transfer training fee paid (amounts not specified in Item 17 table) +- cure_period_days: 14 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 10 +- dispute_resolution: arbitration +- governing_law_state: not disclosed +- fdd_page: 75 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 813,419 +- investment_midpoint_usd: 731,425 +- revenue_to_investment: 1.11 +- royalty_pct: 5 +- revenue_per_royalty_point_usd: 162,684 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 428,560 | 18 | 40 | 440,350 | lowest first | Mexican | +| fee_low | 10,000 | 4 | 42 | 35,000 | lowest first | Mexican | +| royalty | 5 | 3 | 40 | 5 | lowest first | Mexican | +| allin | 8 | 25 | 40 | 7 | lowest first | Mexican | +| outlets | 68 | 12 | 40 | 22.5 | highest first | Mexican | +| growth | -12.8 | 17 | 20 | -6.75 | highest first | Mexican | +| closure | 7.6 | 13 | 17 | 6.2 | lowest first | Mexican | + +## Similar alternatives (closest first) +1. Lucha Libre Gourmet Taco Shop (same sub-category; investment from $431,000) +2. Burrito Parrilla Mexicana (same sub-category; investment from $437,000) +3. Super Mex (same sub-category; investment from $418,644) +4. Barrio Burrito Bar (same sub-category; investment from $418,620) +5. California Tortilla (same sub-category; investment from $443,700) +6. Taco Pros (same sub-category; investment from $456,500) +7. Tijuana Flats (same sub-category; investment from $469,550) +8. Taco Maya (same sub-category; investment from $369,000) +9. Tio Juan's Margaritas Mexican Restaurant (same sub-category; investment from $488,800) +10. TacoTime (same sub-category; investment from $365,650) diff --git a/profiles/batteries-plus.md b/profiles/batteries-plus.md new file mode 100644 index 0000000000000000000000000000000000000000..c4a4642992db024c2a53408e7fa4533961794d3e --- /dev/null +++ b/profiles/batteries-plus.md @@ -0,0 +1,190 @@ +# Batteries Plus + +- Brand slug: batteries-plus +- Legal name: Batteries Plus, L.L.C. +- Industry: Retail Services +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/batteries-plus/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 15,000 +- initial_fee_high_usd: 49,500 +- royalty_pct: 5 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 1 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 1,098 +- total_investment_low_usd: 284,786 +- total_investment_high_usd: 536,636 +- liquid_capital_usd: 100,000 +- net_worth_usd: not disclosed + +## Fee notes +Single-unit Initial Franchise Fee is $49,500. Under a Multiple Unit Franchise Agreement, fees are $49,500 for the 1st store, $44,500 for the 2nd, $39,500 for the 3rd, and $34,500 for the 4th and subsequent stores. A $15,000 Multiple Unit Territory Fee per store is credited against future Initial Franchise Fees. A $10,000 discount is available for qualifying veterans, active/retired firefighters, police officers, EMT/paramedics, nurses, and teachers off the first store fee. Existing franchisees in good standing for 36+ months may open one additional store at a discounted Initial Franchise Fee of $15,000 (lowest possible value). All fees are non-refundable. Monthly technology fees total $1,098: Software Support $509, Omni-Channel Maintenance $200, Avalara Avatax $27, Payment Gateway $22, Salesforce.com CRM $80, Managed Security Services (PCI) $200 and RepairQ $60. The Minimum Store Promotion Requirement is a pro rata $20,000 in the first calendar year, then the greater of 4% of prior-year Net Revenues or $20,000 per year; a shortfall must be deposited with the franchisor. $20,000 is paid to the franchisor at store opening and applied to the Digital Marketing Contribution, which will not exceed the greater of 3% of Net Revenues or the Minimum Store Promotion Requirement. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 734 +- franchised_outlets: 601 +- company_outlets: 133 +- states_count: 50 +- closure_rate_pct: 4.2 +- closures: 77 +- closures_not_itemized: 0 +- reacquired: 21 +- franchised_outlet_years: 1819 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 1.7 +- growth_outlets_from: 722 +- growth_outlets_to: 734 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 6 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 833,660 +- basis: median, All Franchised Same Stores (490) - Table A-2 (490 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Merchandise Margin Percentage (Retail and Commercial) | 490 Same Stores (franchised-owned, open at least 308 days, January 1, 2025 through November 2, 2025) | 490 | 51 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 53 | +| Merchandise Margin Percentage - Retail | All Stores (490 franchised-owned), Retail customers | 490 | 60 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 54 | +| Merchandise Margin Percentage - Commercial | All Stores (490 franchised-owned), Commercial customers | 490 | 38 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 54 | +| Percentage of Net Revenue - Retail | All Stores (490 franchised-owned), Retail customers | 490 | 58 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 54 | +| Percentage of Net Revenue - Commercial | All Stores (490 franchised-owned), Commercial customers | 490 | 42 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 54 | +| Average Net Revenue (More than 35% of Total Net Revenue is Commercial Sales) | More than 35% of Total Net Revenue is Commercial Sales (268 Same Stores) | 268 | 1,052,912 | 925,171 | 407,996 | 7,352,102 | September 1, 2024 to August 31, 2025 | 55 | +| Average Net Revenue (Less than or equal to 35% of Total Net Revenue is Commercial Sales) | Less than or equal to 35% of Total Net Revenue is Commercial Sales (222 Same Stores) | 222 | 836,173 | 741,881 | 414,143 | 3,076,869 | September 1, 2024 to August 31, 2025 | 55 | +| Average Net Revenue (More than $1.50 Average Add on Margin per Transaction) | More than $1.50 Average Add on Margin per Transaction (174 Same Stores) | 174 | 1,108,829 | 951,211 | 407,996 | 7,352,102 | September 1, 2024 to August 31, 2025 | 55 | +| Average Net Revenue (Less than or equal to $1.50 Average Add on Margin per Transaction) | Less than or equal to $1.50 Average Add on Margin per Transaction (316 Same Stores) | 316 | 869,857 | 751,166 | 414,143 | 3,566,005 | September 1, 2024 to August 31, 2025 | 55 | +| Average Retail Sales Ticket Amount | 490 Same Stores, Retail customers | 490 | 54.4 | 53.6 | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 55 | +| Average Commercial Sales Ticket Amount | 490 Same Stores, Commercial customers | 490 | 297.98 | 250.89 | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 55 | +| Average Total Sales Ticket Amount | 490 Same Stores, Retail and Commercial combined | 490 | 82.58 | 76.46 | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 55 | +| Average Net Revenue - Commercial Sales Focused Stores, Top 10% | Top 10% of 282 Franchised Commercial Sales Focused Same Stores | 28 | 2,360,651 | 2,012,819 | 1,684,040 | 7,352,102 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Top 25% | Top 25% of 282 Franchised Commercial Sales Focused Same Stores | 70 | 1,793,046 | 1,572,375 | 1,229,337 | 7,352,102 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Top 50% | Top 50% of 282 Franchised Commercial Sales Focused Same Stores | 141 | 1,424,337 | 1,217,407 | 935,549 | 7,352,102 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Top 75% | Top 75% of 282 Franchised Commercial Sales Focused Same Stores | 211 | 1,216,740 | 1,047,885 | 667,588 | 7,352,102 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Bottom 10% | Bottom 10% of 282 Franchised Commercial Sales Focused Same Stores | 28 | 486,571 | 485,664 | 407,996 | 554,257 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Bottom 25% | Bottom 25% of 282 Franchised Commercial Sales Focused Same Stores | 70 | 558,604 | 570,483 | 407,996 | 662,011 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Bottom 50% | Bottom 50% of 282 Franchised Commercial Sales Focused Same Stores | 141 | 682,408 | 667,588 | 407,996 | 931,080 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Bottom 75% | Bottom 75% of 282 Franchised Commercial Sales Focused Same Stores | 211 | 809,141 | 825,484 | 407,996 | 1,217,407 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, All Stores | All 282 Franchised Commercial Sales Focused Same Stores | 282 | 1,053,373 | 933,315 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Top 10% | Top 10% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 20 | 1,657,416 | 1,447,666 | 1,319,452 | 3,076,869 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Top 25% | Top 25% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 52 | 1,334,258 | 1,241,737 | 990,415 | 3,076,869 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Top 50% | Top 50% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 104 | 1,081,528 | 981,471 | 711,518 | 3,076,869 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Top 75% | Top 75% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 156 | 931,955 | 816,925 | 572,615 | 3,076,869 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Bottom 10% | Bottom 10% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 20 | 440,952 | 438,916 | 414,143 | 474,660 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Bottom 25% | Bottom 25% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 52 | 487,980 | 485,044 | 414,143 | 564,948 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Bottom 50% | Bottom 50% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 104 | 560,393 | 568,782 | 414,143 | 710,807 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Bottom 75% | Bottom 75% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 156 | 649,862 | 627,908 | 414,143 | 972,527 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), All Stores | All 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 208 | 820,961 | 711,163 | 414,143 | 3,076,869 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Corporate Stores, Top Quartile | Top Quartile of 133 Corporate Stores (Table A-1) | 33 | 1,647,392 | 1,463,386 | 1,203,909 | 3,522,307 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Corporate Stores, Second Quartile | Second Quartile of 133 Corporate Stores (Table A-1) | 33 | 1,055,834 | 1,036,367 | 963,944 | 1,190,202 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Corporate Stores, Third Quartile | Third Quartile of 133 Corporate Stores (Table A-1) | 33 | 881,298 | 883,737 | 796,514 | 954,213 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Corporate Stores, Bottom Quartile | Bottom Quartile of 133 Corporate Stores (Table A-1) | 34 | 668,554 | 694,131 | 507,509 | 790,844 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - All Corporate Stores | All Corporate Stores (133) - Table A-1 | 133 | 1,060,302 | 954,213 | 507,509 | 3,522,307 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Franchised Same Stores, Top Quartile | Top Quartile of 490 Franchised Same Stores (Table A-2) | 122 | 1,614,404 | 1,418,220 | 1,125,793 | 7,352,102 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Franchised Same Stores, Second Quartile | Second Quartile of 490 Franchised Same Stores (Table A-2) | 123 | 972,577 | 967,308 | 834,301 | 1,123,571 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Franchised Same Stores, Third Quartile | Third Quartile of 490 Franchised Same Stores (Table A-2) | 123 | 712,840 | 706,111 | 613,718 | 833,020 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Franchised Same Stores, Bottom Quartile | Bottom Quartile of 490 Franchised Same Stores (Table A-2) | 122 | 520,881 | 524,436 | 407,996 | 610,504 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - All Franchised Same Stores (Table A-2) | All Franchised Same Stores (490) - Table A-2 | 490 | 833,660 | 833,660 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Corporate and Franchised Same Stores, Top Quartile | Top Quartile of 623 Combined Corporate and Franchised Same Stores (Table A-3) | 155 | 1,622,330 | 1,423,556 | 1,145,971 | 7,352,102 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate and Franchised Same Stores, Second Quartile | Second Quartile of 623 Combined Corporate and Franchised Same Stores (Table A-3) | 156 | 997,576 | 995,963 | 875,976 | 1,143,246 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate and Franchised Same Stores, Third Quartile | Third Quartile of 623 Combined Corporate and Franchised Same Stores (Table A-3) | 156 | 754,022 | 748,294 | 639,505 | 872,724 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate and Franchised Same Stores, Bottom Quartile | Bottom Quartile of 623 Combined Corporate and Franchised Same Stores (Table A-3) | 156 | 539,235 | 554,407 | 407,996 | 637,340 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - All Corporate and Franchised Stores (Table A-3) | All Corporate and Franchised Same Stores (623) - Table A-3 | 623 | 977,257 | 872,724 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate Stores, Top Third | Top Third of 133 Corporate Stores (Table B-1) | 44 | 1,517,987 | 1,296,378 | 1,089,544 | 3,522,307 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate Stores, Middle Third | Middle Third of 133 Corporate Stores (Table B-1) | 44 | 964,630 | 959,079 | 855,823 | 1,086,020 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate Stores, Bottom Third | Bottom Third of 133 Corporate Stores (Table B-1) | 45 | 706,333 | 715,969 | 507,509 | 854,144 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - All Corporate Stores (Table B-1) | All Corporate Stores (133) - Table B-1 | 133 | 1,060,302 | 954,213 | 507,509 | 3,522,307 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Franchised Same Stores, Top Third | Top Third of 490 Franchised Same Stores (Table B-2) | 163 | 1,478,088 | 1,285,722 | 1,014,707 | 7,352,102 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Franchised Same Stores, Middle Third | Middle Third of 490 Franchised Same Stores (Table B-2) | 164 | 836,133 | 833,660 | 670,374 | 1,014,285 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Franchised Same Stores, Bottom Third | Bottom Third of 490 Franchised Same Stores (Table B-2) | 163 | 550,655 | 561,674 | 407,996 | 669,470 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - All Franchised Same Stores (Table B-2) | All Franchised Same Stores (490) - Table B-2 | 490 | 954,716 | 833,660 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate and Franchised Same Stores, Top Third (Table B-2/B-3) | Top Third of 623 Combined Corporate and Franchised Same Stores (Table B-2 Corporate and Franchised) | 207 | 1,487,888 | 1,287,770 | 1,033,513 | 7,352,102 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate and Franchised Same Stores, Middle Third | Middle Third of 623 Combined Corporate and Franchised Same Stores | 208 | 872,795 | 874,350 | 710,807 | 1,031,004 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate and Franchised Same Stores, Bottom Third | Bottom Third of 623 Combined Corporate and Franchised Same Stores | 208 | 573,542 | 579,869 | 407,996 | 710,643 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - All Corporate and Franchised Stores (Table B combined) | All Corporate and Franchised Same Stores (623) - Table B combined | 623 | 977,257 | 872,724 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Top 10% (Table C-1) | Top 10% of 133 Corporate Stores (Table C-1) | 13 | 2,130,083 | 1,949,909 | 1,638,069 | 3,522,307 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Top 25% (Table C-1) | Top 25% of 133 Corporate Stores (Table C-1) | 33 | 1,647,392 | 1,463,386 | 1,203,909 | 3,522,307 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Top 50% (Table C-1) | Top 50% of 133 Corporate Stores (Table C-1) | 66 | 1,351,613 | 1,197,056 | 963,944 | 3,522,307 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Top 75% (Table C-1) | Top 75% of 133 Corporate Stores (Table C-1) | 99 | 1,194,842 | 1,036,367 | 796,514 | 3,522,307 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Bottom 10% (Table C-1) | Bottom 10% of 133 Corporate Stores (Table C-1) | 13 | 573,573 | 576,376 | 507,509 | 653,812 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Bottom 25% (Table C-1) | Bottom 25% of 133 Corporate Stores (Table C-1) | 33 | 664,848 | 690,051 | 507,509 | 786,155 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Bottom 50% (Table C-1) | Bottom 50% of 133 Corporate Stores (Table C-1) | 66 | 770,598 | 788,499 | 507,509 | 953,313 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Bottom 75% (Table C-1) | Bottom 75% of 133 Corporate Stores (Table C-1) | 99 | 863,293 | 883,632 | 507,509 | 1,180,945 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - All Corporate Stores (Table C-1) | All Corporate Stores (133) - Table C-1 | 133 | 1,044,609 | 938,246 | 473,903 | 3,511,841 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Franchised Stores, Top 10% (Table C-2) | Top 10% of 490 Franchised Same Stores (Table C-2) | 49 | 2,103,785 | 1,886,367 | 1,497,970 | 7,352,102 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Franchised Stores, Top 25% (Table C-2) | Top 25% of 490 Franchised Same Stores (Table C-2) | 122 | 1,614,404 | 1,418,220 | 1,125,793 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Franchised Stores, Top 50% (Table C-2) | Top 50% of 490 Franchised Same Stores (Table C-2) | 245 | 1,292,180 | 1,123,571 | 834,301 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Franchised Stores, Top 75% (Table C-2) | Top 75% of 490 Franchised Same Stores (Table C-2) | 368 | 1,098,542 | 966,208 | 613,718 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Franchised Stores, Bottom 10% (Table C-2) | Bottom 10% of 490 Franchised Same Stores (Table C-2) | 49 | 459,483 | 463,632 | 407,996 | 501,961 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Franchised Stores, Bottom 25% (Table C-2) | Bottom 25% of 490 Franchised Same Stores (Table C-2) | 122 | 520,881 | 524,436 | 407,996 | 610,504 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Franchised Stores, Bottom 50% (Table C-2) | Bottom 50% of 490 Franchised Same Stores (Table C-2) | 245 | 617,252 | 524,436 | 407,996 | 833,020 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Franchised Stores, Bottom 75% (Table C-2) | Bottom 75% of 490 Franchised Same Stores (Table C-2) | 368 | 736,016 | 706,172 | 407,996 | 1,123,571 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - All Franchised Stores (Table C-2) | All Franchised Same Stores (490) - Table C-2 | 490 | 954,716 | 833,660 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Top 10% (Table C-3) | Top 10% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 62 | 2,111,304 | 1,923,513 | 1,512,309 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Top 25% (Table C-3) | Top 25% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 155 | 1,622,330 | 1,423,556 | 1,145,971 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Top 50% (Table C-3) | Top 50% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 311 | 1,308,949 | 1,143,246 | 875,976 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Top 75% (Table C-3) | Top 75% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 473 | 1,117,381 | 994,087 | 631,111 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Bottom 10% (Table C-3) | Bottom 10% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 62 | 470,253 | 474,728 | 407,996 | 523,213 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Bottom 25% (Table C-3) | Bottom 25% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 155 | 538,602 | 554,257 | 407,996 | 636,950 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Bottom 50% (Table C-3) | Bottom 50% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 311 | 645,901 | 637,340 | 407,996 | 870,343 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Bottom 75% (Table C-3) | Bottom 75% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 467 | 762,798 | 747,067 | 407,996 | 1,131,156 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - All Corporate and Franchised Stores (Table C-3) | All Corporate and Franchised Same Stores (623) - Table C-3 | 623 | 977,257 | 872,724 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Net Revenue - Company-Owned Stores, Top Third by EBITDA | Top Third of Company-Owned Stores by EBITDA (44 stores) | 44 | 1,469,998 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| Gross Profit Margin - Company-Owned Stores, Top Third by EBITDA | Top Third of Company-Owned Stores by EBITDA (44 stores) | 44 | 773,612 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| EBITDA - Company-Owned Stores, Top Third by EBITDA | Top Third of Company-Owned Stores by EBITDA (44 stores) | 44 | 252,887 | 211,223 | 211,223 | 769,031 | January 1, 2025 to December 31, 2025 | 62 | +| Net Revenue - Company-Owned Stores, Middle Third by EBITDA | Middle Third of Company-Owned Stores by EBITDA (44 stores) | 44 | 962,112 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| Gross Profit Margin - Company-Owned Stores, Middle Third by EBITDA | Middle Third of Company-Owned Stores by EBITDA (44 stores) | 44 | 490,083 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| EBITDA - Company-Owned Stores, Middle Third by EBITDA | Middle Third of Company-Owned Stores by EBITDA (44 stores) | 44 | 100,468 | 102,339 | 56,696 | 128,070 | January 1, 2025 to December 31, 2025 | 62 | +| Net Revenue - Company-Owned Stores, Bottom Third by EBITDA | Bottom Third of Company-Owned Stores by EBITDA (45 stores) | 45 | 759,408 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| Gross Profit Margin - Company-Owned Stores, Bottom Third by EBITDA | Bottom Third of Company-Owned Stores by EBITDA (45 stores) | 45 | 367,641 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| EBITDA - Company-Owned Stores, Bottom Third by EBITDA | Bottom Third of Company-Owned Stores by EBITDA (45 stores) | 45 | 13,945 | 14,815 | -98,635 | 56,063 | January 1, 2025 to December 31, 2025 | 62 | +| Net Revenue - All Company-Owned Stores by EBITDA | All Company-Owned Stores by EBITDA (133 stores) | 133 | 1,061,550 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| Gross Profit Margin - All Company-Owned Stores | All Company-Owned Stores by EBITDA (133 stores) | 133 | 545,499 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| EBITDA - All Company-Owned Stores | All Company-Owned Stores by EBITDA (133 stores) | 133 | 121,618 | 101,618 | -98,635 | 769,031 | January 1, 2025 to December 31, 2025 | 62 | +| Net Revenue - All Corporate Stores (Annual = sum of 2025 monthly averages) | All 133 Corporate Stores - Monthly Detail (Annual Sum) | 133 | 1,061,963 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 63 | +| EBITDA - All Corporate Stores (Annual = sum of 2025 monthly averages) | All 133 Corporate Stores - Monthly Detail (Annual Sum) | 133 | 116,078 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 63 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 609 | 30 | 2 | 5 | 4 | 22 | not disclosed | 606 | +| 2024 | 606 | 30 | 2 | 2 | 17 | 11 | not disclosed | 604 | +| 2025 | 604 | 30 | 0 | 1 | 0 | 32 | not disclosed | 601 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 833,660 +- investment_midpoint_usd: 410,711 +- revenue_to_investment: 2.03 +- royalty_pct: 5 +- revenue_per_royalty_point_usd: 166,732 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 284,786 | 58 | 72 | 170,207.5 | lowest first | Specialty Retail | +| fee_low | 15,000 | 11 | 71 | 29,500 | lowest first | Specialty Retail | +| royalty | 5 | 16 | 61 | 5 | lowest first | Specialty Retail | +| allin | 6 | 18 | 61 | 7 | lowest first | Specialty Retail | +| outlets | 734 | 3 | 70 | 44 | highest first | Specialty Retail | +| growth | 1.7 | 18 | 44 | -2.95 | highest first | Specialty Retail | +| closure | 4.2 | 15 | 40 | 5 | lowest first | Specialty Retail | + +## Similar alternatives (closest first) +1. HobbyTown (same sub-category; investment from $281,100) +2. Del's Popcorn Shop (same sub-category; investment from $279,365) +3. Clothes Mentor (same sub-category; investment from $272,000) +4. WineStyles Tasting Station (same sub-category; investment from $298,000) +5. Jamin Leather (same sub-category; investment from $270,400) +6. Good Feet (same sub-category; investment from $255,478) +7. Carré d'artistes (same sub-category; investment from $251,300) +8. B-Land Beauty (same sub-category; investment from $318,761) +9. Scout & Molly's (same sub-category; investment from $319,000) +10. Jayasri Sweets (same sub-category; investment from $243,000) diff --git a/profiles/bella-bridesmaids.md b/profiles/bella-bridesmaids.md new file mode 100644 index 0000000000000000000000000000000000000000..1744658eccc8417881d4d6c402333f865af6a314 --- /dev/null +++ b/profiles/bella-bridesmaids.md @@ -0,0 +1,94 @@ +# Bella Bridesmaids + +- Brand slug: bella-bridesmaids +- Legal name: Bella Bridesmaids Franchise Group, LLC +- Industry: Retail Services +- FDD year: 2024 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/bella-bridesmaids/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 50,000 +- initial_fee_high_usd: 50,000 +- royalty_pct: 4 +- royalty_min_monthly_usd: 600 +- marketing_fee_pct: not disclosed +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 125 +- total_investment_low_usd: 102,900 +- total_investment_high_usd: 262,000 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +First location $50,000 (nonrefundable). Subsequent locations in protected territory $10,000. Outside territory 75% of then-current fee. $10,000 security deposit also required. Systemwide Marketing Fund fee set by the location's previous year's sales: $1,000 per year up to $300,000, $1,500 per year for $300,000–$400,000, $2,000 per year for $400,000–$600,000, and 0.5% of monthly gross revenue above $600,000, paid in 12 equal monthly instalments. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 45 +- franchised_outlets: 41 +- company_outlets: 4 +- states_count: 27 +- closure_rate_pct: 7.7 +- closures: 13 +- closures_not_itemized: 0 +- reacquired: 3 +- franchised_outlet_years: 169 +- closure_year_from: 2021 +- closure_year_to: 2023 +- closure_ranking_eligible: yes +- growth_pct: -22.4 +- growth_outlets_from: 58 +- growth_outlets_to: 45 +- growth_year_from: 2021 +- growth_year_to: 2023 +- growth_ranking_eligible: yes +- all_in_fee_pct: 4 +- all_in_basis: royalty only (no marketing-fund % listed) + +## Comparable revenue +- annual_revenue_usd: 290,315 +- basis: median, 41 franchised stores operational entire 2023 calendar year (41 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| average annual gross revenue | 41 franchised stores operational entire 2023 calendar year | 41 | 363,289 | 290,315 | 84,031 | 1,000,688 | 2023 calendar year | not disclosed | +| average gross revenues | 45 stores (41 franchised + 4 company-owned) operational entire 2023 calendar year | 45 | 373,189 | 290,315 | 84,030.64 | 1,000,688 | 2023 calendar year | not disclosed | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2021 | 57 | 0 | 0 | 0 | 0 | 0 | 1 | 57 | +| 2022 | 57 | 0 | 1 | 0 | 1 | 0 | 1 | 55 | +| 2023 | 55 | 0 | 1 | 0 | 2 | 11 | 10 | 41 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 290,315 +- investment_midpoint_usd: 182,450 +- revenue_to_investment: 1.59 +- royalty_pct: 4 +- revenue_per_royalty_point_usd: 72,579 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 102,900 | 16 | 72 | 170,207.5 | lowest first | Specialty Retail | +| fee_low | 50,000 | 66 | 71 | 29,500 | lowest first | Specialty Retail | +| royalty | 4 | 10 | 61 | 5 | lowest first | Specialty Retail | +| allin | 4 | 2 | 61 | 7 | lowest first | Specialty Retail | +| outlets | 45 | 35 | 70 | 44 | highest first | Specialty Retail | +| growth | -22.4 | 41 | 44 | -2.95 | highest first | Specialty Retail | +| closure | 7.7 | 28 | 40 | 5 | lowest first | Specialty Retail | + +## Similar alternatives (closest first) +1. The Smoky Grass Station (same sub-category; investment from $96,150) +2. Pro Image Sports (same sub-category; investment from $109,750) +3. Sunmed™ | YOUR CBD STORE® (same sub-category; investment from $95,800) +4. Cheong Kwan Jang (same sub-category; investment from $110,000) +5. Jung Kwan Jang (same sub-category; investment from $111,000) +6. Everything Christmas (same sub-category; investment from $112,600) +7. Good Games (same sub-category; investment from $114,250) +8. Fast-FIX Jewelry and Watch Repairs (same sub-category; investment from $114,700) +9. CBD American Shaman (same sub-category; investment from $88,100) +10. FauxReal Flowers (same sub-category; investment from $78,500) diff --git a/profiles/cd-one-price-cleaners.md b/profiles/cd-one-price-cleaners.md new file mode 100644 index 0000000000000000000000000000000000000000..5264fb7ac8390b9132c1a34862dda9a2886d220f --- /dev/null +++ b/profiles/cd-one-price-cleaners.md @@ -0,0 +1,100 @@ +# CD ONE Price Cleaners + +- Brand slug: cd-one-price-cleaners +- Legal name: CLEANERS DEPOT FRANCHISE, LLC +- Industry: Dry Cleaning +- FDD year: 2024 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/cd-one-price-cleaners/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 6,000 +- initial_fee_high_usd: 30,000 +- royalty_pct: 6.5 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 3 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 903,225 +- total_investment_high_usd: 1,351,850 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Plant Store: $30,000. Satellite Store: $12,500 standard, $6,000 if signed in 2024 and opened by Dec 31, 2024 (Satellite Store Incentive Program). Qualified veterans: $0. Legacy Plant Store Renewal: $0. Development Rights Agreement: $5,000 per store (credited toward franchise fee). New Plant Stores must offer pickup and delivery (PUD) Services under the PUD Addendum. It adds a Technology Fee of 5% of Gross PUD Revenues, currently paid to affiliate COW. It also adds Marketing Fund contributions of 3.5% (Customer Acquisition) and 2% (Customer Development and Retention) of Gross PUD Revenues. The royalty and 3% Marketing Fund also apply to PUD revenue. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 40 +- franchised_outlets: 40 +- company_outlets: 0 +- states_count: 4 +- closure_rate_pct: 0 +- closures: 0 +- closures_not_itemized: 0 +- reacquired: 0 +- franchised_outlet_years: 109 +- closure_year_from: 2021 +- closure_year_to: 2023 +- closure_ranking_eligible: yes +- growth_pct: 8.1 +- growth_outlets_from: 37 +- growth_outlets_to: 40 +- growth_year_from: 2021 +- growth_year_to: 2023 +- growth_ranking_eligible: yes +- all_in_fee_pct: 9.5 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 1,075,802 +- basis: median, All 34 Revenue Reporting Plant Stores (34 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Revenue | Top Third Plant Stores (by 2023 Gross Revenue) | 11 | 1,367,307 | 1,232,941 | 1,115,602 | 2,306,859 | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 63 | +| Gross Revenue | Middle Third Plant Stores (by 2023 Gross Revenue) | 12 | 1,031,729 | 1,075,802 | 911,824 | 1,114,301 | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 63 | +| Gross Revenue | Bottom Third Plant Stores (by 2023 Gross Revenue) | 11 | 780,958 | 789,735 | 677,702 | 888,244 | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 63 | +| Gross Revenue | All 34 Revenue Reporting Plant Stores | 34 | 1,059,167 | 1,075,802 | 677,702 | 2,306,859 | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 63 | +| Gross Revenue | All 4 Revenue Reporting Satellite Stores | 4 | 376,749 | 407,712 | 260,525 | 431,047 | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 63 | +| Occupancy Costs (as % of Gross Revenue) | Cost Reporting Stores (32 stores: 28 Plant, 4 Satellite) | 32 | 11.7 | 12 | not disclosed | not disclosed | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 64 | +| Labor Costs (as % of Gross Revenue) | Cost Reporting Stores (32 stores) | 32 | 37.5 | 38.6 | not disclosed | not disclosed | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 64 | +| Production Supplies Costs (as % of Gross Revenue) | Cost Reporting Stores (32 stores) | 32 | 8.2 | 7.8 | not disclosed | not disclosed | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 64 | +| Electricity Costs (as % of Gross Revenue) | Cost Reporting Stores (32 stores) | 32 | 1.6 | 1.5 | not disclosed | not disclosed | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 64 | +| Natural Gas Costs (as % of Gross Revenue) | Cost Reporting Stores (32 stores) | 32 | 1.6 | 1.4 | not disclosed | not disclosed | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 64 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2021 | 35 | 1 | 0 | 0 | 0 | 0 | 2 | 36 | +| 2022 | 36 | 2 | 0 | 0 | 0 | 0 | 2 | 38 | +| 2023 | 38 | 2 | 0 | 0 | 0 | 0 | 4 | 40 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 1,075,802 +- investment_midpoint_usd: 1,127,537 +- revenue_to_investment: 0.95 +- royalty_pct: 6.5 +- revenue_per_royalty_point_usd: 165,508 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 903,225 | 8 | 12 | 647,224 | lowest first | Dry Cleaning | +| fee_low | 6,000 | 1 | 11 | 20,000 | lowest first | Dry Cleaning | +| royalty | 6.5 | 11 | 12 | 6 | lowest first | Dry Cleaning | +| allin | 9.5 | 10 | 12 | 7.5 | lowest first | Dry Cleaning | +| outlets | 40 | 4 | 11 | 13 | highest first | Dry Cleaning | + +## Similar alternatives (closest first) +1. ZIPS Cleaners (same industry; investment from $867,700) +2. LaundroLab (same industry; investment from $1,182,500) +3. Speed Queen (same industry; investment from $1,199,663) +4. Laundry Spot (same industry; investment from $1,268,500) +5. Martinizing (same industry; investment from $426,748) +6. Door to Door Laundry (same industry; investment from $393,783) +7. WaveMAX Laundry (same industry; investment from $359,105) +8. Mulberrys Garment Care (same industry; investment from $353,500) +9. Tide Laundromat (same industry; investment from $1,751,885) +10. Bubbly (same industry; investment from $47,585) diff --git a/profiles/complete-weddings-events.md b/profiles/complete-weddings-events.md new file mode 100644 index 0000000000000000000000000000000000000000..93b9dfdd999d1f88dfa492356e4361ecfde9e1bf --- /dev/null +++ b/profiles/complete-weddings-events.md @@ -0,0 +1,97 @@ +# Complete Weddings + Events + +- Brand slug: complete-weddings-events +- Legal name: Complete Music, Inc. +- Industry: Entertainment & Recreation +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/complete-weddings-events/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 15,000 +- initial_fee_high_usd: 50,000 +- royalty_pct: 8 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 623 +- total_investment_low_usd: 68,800 +- total_investment_high_usd: 80,750 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard fee $50,000. Incentive program (by 3/31/2027): Option 1: $40,000 initial + 8% royalty; Option 2: $15,000 initial + 13% royalty until $800k cumulative receipts, then 8%. Failure to open triggers additional payments ($10k or $35k depending on option). Website, CRM and Technology Support Fee is currently $83 per week (capped at $300 per week) and Computer System Maintenance, Hosting and Licensing Fee is currently $55 per week, together $598 per month at 52/12; the Venue Website fee of $300 per year adds $25 per month. Participation in the National Sales Program is required: currently $100 per week (about $433 per month at 52/12) plus commissions of $65 per service sold, or 10% of the total booking if under $650; the weekly fee may rise to $250. Local advertising spend of 4% of Gross Receipts is required, and the Google Ads Program minimum of $87.50 per week ($37.50 of it a management fee) counts toward it. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 82 +- franchised_outlets: 81 +- company_outlets: 1 +- states_count: 33 +- closure_rate_pct: 3.8 +- closures: 8 +- closures_not_itemized: 0 +- reacquired: 0 +- franchised_outlet_years: 212 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 18.8 +- growth_outlets_from: 69 +- growth_outlets_to: 82 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 10 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 208,376.66 +- basis: median, Franchised businesses open the full 2025 calendar year (70 of 81; 7 opened in 2025 and 4 transferred excluded) (70 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Receipts | Franchised businesses open the full 2025 calendar year (70 of 81; 7 opened in 2025 and 4 transferred excluded) | 70 | 322,160.76 | 208,376.66 | 21,119 | 2,393,115.6 | Calendar Year 2025 | 33 | +| Gross Receipts | Top Third of the 70 franchised businesses by 2025 Gross Receipts | 23 | 645,897.24 | 485,160 | 328,666.27 | 2,393,115.6 | Calendar Year 2025 | 33 | +| Gross Receipts | Middle Third of the 70 franchised businesses by 2025 Gross Receipts | 23 | 228,358.94 | 218,935.21 | 160,642.5 | 312,130 | Calendar Year 2025 | 33 | +| Gross Receipts | Bottom Third of the 70 franchised businesses by 2025 Gross Receipts | 24 | 101,806.7 | 103,477.73 | 21,119 | 153,685 | Calendar Year 2025 | 33 | +| Gross Receipts | Affiliate-owned business (Iowa and Nebraska territory), full 2025 calendar year | 1 | 2,061,551.14 | not disclosed | not disclosed | not disclosed | Calendar Year 2025 | 33 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 66 | 5 | 0 | 0 | 0 | 3 | 6 | 68 | +| 2024 | 68 | 11 | 0 | 0 | 0 | 1 | not disclosed | 78 | +| 2025 | 78 | 7 | 3 | 0 | 0 | 1 | 6 | 81 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 208,377 +- investment_midpoint_usd: 74,775 +- revenue_to_investment: 2.79 +- royalty_pct: 8 +- revenue_per_royalty_point_usd: 26,047 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 68,800 | 7 | 72 | 266,500 | lowest first | Entertainment & Recreation | +| fee_low | 15,000 | 3 | 69 | 40,000 | lowest first | Entertainment & Recreation | +| royalty | 8 | 56 | 67 | 6 | lowest first | Entertainment & Recreation | +| allin | 10 | 56 | 67 | 8 | lowest first | Entertainment & Recreation | +| outlets | 82 | 10 | 67 | 15 | highest first | Entertainment & Recreation | +| growth | 18.8 | 10 | 27 | 10.6 | highest first | Entertainment & Recreation | +| closure | 3.8 | 10 | 21 | 4.8 | lowest first | Entertainment & Recreation | + +## Similar alternatives (closest first) +1. Wine and Design (same industry; investment from $69,950) +2. The Rock Underground (same industry; investment from $70,500) +3. AR Workshop (same industry; investment from $71,449) +4. Eaglerider (same industry; investment from $73,500) +5. The Hot Spot (same industry; investment from $74,900) +6. The Giggling Pig (same industry; investment from $75,000) +7. City Brew Tours (same industry; investment from $76,200) +8. DivaDance (same industry; investment from $56,700) +9. Valhallan (same industry; investment from $82,950) +10. Perfect Skating (same industry; investment from $53,940) diff --git a/profiles/decorate-with-lights.md b/profiles/decorate-with-lights.md new file mode 100644 index 0000000000000000000000000000000000000000..cf9436dc84aff18919a1bbc3c8ea9ad0df4575e9 --- /dev/null +++ b/profiles/decorate-with-lights.md @@ -0,0 +1,113 @@ +# Decorate With Lights + +- Brand slug: decorate-with-lights +- Legal name: DWL Corp +- Industry: Outdoor +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/decorate-with-lights/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 10,000 +- initial_fee_high_usd: 10,000 +- royalty_pct: 8 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 36,200 +- total_investment_high_usd: 70,450 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +2nd territory $7,500; larger territories at $1/home over 50,000. Non-refundable. Minimum local marketing spend of $12,500 for a single unit territory during the first full Peak Season. From the second calendar year of operation, the franchisee must spend annually the greater of 5% of Gross Sales or $15,000 on local advertising. Advertising Cooperative contributions (currently $0; up to $25,000 per calendar year) are credited toward the local advertising expenditure. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 128 +- franchised_outlets: 105 +- company_outlets: 23 +- states_count: 12 +- closure_rate_pct: 6.9 +- closures: 23 +- closures_not_itemized: 3 +- reacquired: 0 +- franchised_outlet_years: 331 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 8.5 +- growth_outlets_from: 118 +- growth_outlets_to: 128 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 10 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 30,108 +- basis: median, All franchisees operating all of 2025 (system wide), per franchisee (18 owners; average 5.1 territories each) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Revenue, July–December 2024 total (6 months) | Company-controlled location, Raleigh, NC (operated by DWL's Director of Operations, an employee) | 1 | 130,379 | not disclosed | not disclosed | not disclosed | July–December 2024 | 43 | +| Average Ticket Price (all jobs) | Company-controlled location, Raleigh, NC (operated by DWL's Director of Operations, an employee) | 1 | 1,366 | not disclosed | not disclosed | not disclosed | Calendar year 2024 | 44 | +| Average Ticket Price (new jobs) | Company-controlled location, Raleigh, NC (operated by DWL's Director of Operations, an employee) | 1 | 2,244 | not disclosed | not disclosed | not disclosed | Calendar year 2024 | 44 | +| Revenue | Existing franchisees (operating all of 2024, more than one year), per franchisee (9 owners) | 9 | 56,614 | 31,934 | 7,548 | 136,326 | Calendar year 2024 | 45 | +| Revenue | First-year franchisees (first full year 2024), per franchisee (4 owners) | 4 | 10,598 | 7,546 | 5,085 | 22,212 | Calendar year 2024 | 45 | +| Ticket Price | Existing franchisees (operating all of 2024, more than one year), per franchisee (9 owners) | 9 | 1,355 | 1,258 | 645 | 2,423 | Calendar year 2024 | 45 | +| Ticket Price | First-year franchisees (first full year 2024), per franchisee (4 owners) | 4 | 1,211 | 1,203 | 876 | 1,582 | Calendar year 2024 | 45 | +| Revenue | All franchisees (Table 7), per franchisee (count not stated) | not disclosed | 56,291 | 22,822 | 9,044 | 151,175 | Calendar year 2022 | 45 | +| Revenue | All franchisees (Table 7), per franchisee (count not stated) | not disclosed | 47,110 | 24,423 | 6,735 | 115,177 | Calendar year 2023 | 45 | +| Revenue | All franchisees (Table 7), per franchisee (13 owners) | 13 | 42,456 | 31,934 | 5,085 | 136,326 | Calendar year 2024 | 45 | +| Ticket Price | All franchisees (Table 7), per franchisee (count not stated) | not disclosed | 1,498 | 1,454 | 481 | 3,888 | Calendar year 2023 | 46 | +| Ticket Price | All franchisees (Table 7), per franchisee (13 owners) | 13 | 1,342 | 1,258 | 645 | 2,423 | Calendar year 2024 | 46 | +| Gross Revenue | Top 33% of franchisees by 2025 revenue, per franchisee (6 owners; average 5.7 territories each) | 6 | 101,747 | 100,073 | 52,711 | 161,453 | Calendar year 2025 | 46 | +| Gross Revenue | Middle 33% of franchisees by 2025 revenue, per franchisee (6 owners; average 4.3 territories each) | 6 | 31,689 | 30,108 | 23,960 | 42,928 | Calendar year 2025 | 46 | +| Gross Revenue | Bottom 33% of franchisees by 2025 revenue, per franchisee (6 owners; average 5.2 territories each) | 6 | 10,502 | 10,153 | 4,352 | 17,671 | Calendar year 2025 | 46 | +| Gross Revenue | All franchisees operating all of 2025 (system wide), per franchisee (18 owners; average 5.1 territories each) | 18 | 47,979 | 30,108 | 4,352 | 161,453 | Calendar year 2025 | 46 | +| Gross Revenue | 1st-year franchisees (operating all of 2025), per franchisee (6 owners; average 3.2 territories each) | 6 | 29,748 | 27,309 | 6,719 | 64,613 | Calendar year 2025 | 46 | +| Gross Revenue | 2nd-year franchisees (2025), per franchisee (2 owners; average 3.5 territories each) | 2 | 26,817 | 26,817 | 23,960 | 29,674 | Calendar year 2025 | 46 | +| Gross Revenue | 3rd-year franchisees (2025), per franchisee (2 owners; average 5.5 territories each) | 2 | 33,975 | 33,975 | 15,239 | 52,711 | Calendar year 2025 | 46 | +| Gross Revenue | 4th-year-and-later franchisees (2025), per franchisee (8 owners; average 6.8 territories each) | 8 | 70,444 | 66,166 | 4,352 | 161,453 | Calendar year 2025 | 46 | +| Average Job Size | All franchisees operating all of 2025 (system wide), per franchisee (18 owners; average 5.1 territories each) | 18 | 1,655.5 | 1,610 | 435 | 3,590 | Calendar year 2025 | 46 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 92 | 32 | 3 | not disclosed | not disclosed | not disclosed | not disclosed | 118 | +| 2024 | 118 | 3 | 0 | 0 | 0 | 0 | not disclosed | 121 | +| 2025 | 121 | 1 | 5 | 0 | 0 | 12 | not disclosed | 105 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 30,108 +- investment_midpoint_usd: 53,325 +- revenue_to_investment: not disclosed +- royalty_pct: 8 +- revenue_per_royalty_point_usd: 3,764 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 36,200 | 4 | 62 | 99,902.5 | lowest first | Outdoor | +| fee_low | 10,000 | 4 | 62 | 40,000 | lowest first | Outdoor | +| royalty | 8 | 34 | 54 | 7 | lowest first | Outdoor | +| allin | 10 | 33 | 54 | 9 | lowest first | Outdoor | +| outlets | 128 | 19 | 60 | 60 | highest first | Outdoor | +| growth | 8.5 | 15 | 39 | 4.6 | highest first | Outdoor | +| closure | 6.9 | 25 | 40 | 5.3 | lowest first | Outdoor | + +## Similar alternatives (closest first) +1. The Decor Group / Christmas Decor (same industry; investment from $38,750) +2. Mosquito Authority (same industry; investment from $39,000) +3. Premier Pool Service / Pinnacle Pool Service (same industry; investment from $43,150) +4. DryJect (same industry; investment from $46,100) +5. Outdoor Lighting Concepts (same industry; investment from $48,000) +6. Pacific Lawn Sprinklers (same industry; investment from $23,800) +7. Superior Mosquito Defense® (same industry; investment from $17,400) +8. NaturaLawn of America (same industry; investment from $57,500) +9. Premier Pools & Spas / Pinnacle Pools and Spas (same industry; investment from $58,950) +10. Augusta Lawn Care (same industry; investment from $60,500) diff --git a/profiles/discovery-map.md b/profiles/discovery-map.md new file mode 100644 index 0000000000000000000000000000000000000000..3d9478b2d4b4272615ba507f25b15ad4155f731e --- /dev/null +++ b/profiles/discovery-map.md @@ -0,0 +1,93 @@ +# Discovery Map + +- Brand slug: discovery-map +- Legal name: Discovery Map International, Inc +- Industry: B2B Supplies +- FDD year: 2025 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/discovery-map/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 25,000 +- initial_fee_high_usd: 25,000 +- royalty_pct: 10 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 1 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 29,250 +- total_investment_high_usd: 36,300 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Royalty 10% of printed advertising, 25% of website ads. Advertising 1% of gross sales. DPS fee $2,200/year. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 116 +- franchised_outlets: 116 +- company_outlets: 0 +- states_count: 28 +- closure_rate_pct: 4.1 +- closures: 14 +- closures_not_itemized: 0 +- reacquired: 1 +- franchised_outlet_years: 345 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -1.7 +- growth_outlets_from: 118 +- growth_outlets_to: 116 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 11 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 53,210 +- basis: median, franchises publishing map in fiscal year ending September 30, 2025, completed selling cycle, standard sizes (102 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Sales (Average Sales per Map) | franchises publishing map in fiscal year ending September 30, 2025, completed selling cycle, standard sizes | 102 | 58,171 | 53,210 | 10,430 | 214,930 | fiscal year ending September 30, 2025 | 33 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 114 | 2 | 2 | 0 | 1 | 0 | 15 | 113 | +| 2024 | 113 | 11 | 5 | 1 | 0 | 0 | 10 | 118 | +| 2025 | 118 | 4 | 6 | 0 | 0 | 0 | 6 | 116 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 53,210 +- investment_midpoint_usd: 32,775 +- revenue_to_investment: not disclosed +- royalty_pct: 10 +- revenue_per_royalty_point_usd: 5,321 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 29,250 | 18 | 70 | 78,025 | lowest first | B2B Supplies | +| fee_low | 25,000 | 24 | 65 | 35,900 | lowest first | B2B Supplies | +| royalty | 10 | 36 | 47 | 7 | lowest first | B2B Supplies | +| allin | 11 | 38 | 47 | 7.5 | lowest first | B2B Supplies | +| outlets | 116 | 21 | 68 | 41.5 | highest first | B2B Supplies | +| growth | -1.7 | 26 | 44 | 0 | highest first | B2B Supplies | +| closure | 4.1 | 13 | 40 | 6.55 | lowest first | B2B Supplies | + +## Similar alternatives (closest first) +1. Coastal Angler Magazine (same industry; investment from $28,975) +2. AmSpirit (same industry; investment from $21,400) +3. City Lifestyle (same industry; investment from $37,600) +4. RedKnight (same industry; investment from $17,900) +5. Dealer Specialties International (same industry; investment from $17,400) +6. Unishippers (same industry; investment from $17,365) +7. Schmidt (same industry; investment from $44,743) +8. Sculpture Hospitality (same industry; investment from $45,500) +9. Network Lead Exchange (same industry; investment from $12,450) +10. City Publications (same industry; investment from $46,300) diff --git a/profiles/dogtopia.md b/profiles/dogtopia.md new file mode 100644 index 0000000000000000000000000000000000000000..5cb9c63a7a3dd2120413bd79ffc20feed9bdb3a0 --- /dev/null +++ b/profiles/dogtopia.md @@ -0,0 +1,122 @@ +# Dogtopia + +- Brand slug: dogtopia +- Legal name: Better Together, LLC +- Industry: Pet Services +- FDD year: 2026 (WI) +- Source: https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=641000&hash=115475975&search=external&type=GENERAL +- FranchiseDepth page: https://franchisedepth.com/franchise/dogtopia/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 40,095 +- initial_fee_high_usd: 49,500 +- royalty_pct: 7 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 899 +- total_investment_low_usd: 664,355 +- total_investment_high_usd: 1,478,820 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard fee $49,500; 10% multi-unit discount to $44,550; veteran discount: $44,550 first Center or $40,095 subsequent Center. REAFC Fee additional $15,500-$44,500 depending on conversion/ownership status. Pre-opening tech fee $250/month; microsite setup $700 one-time. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 266 +- franchised_outlets: 225 +- company_outlets: 41 +- states_count: 37 +- closure_rate_pct: 0.7 +- closures: 4 +- closures_not_itemized: 0 +- reacquired: 2 +- franchised_outlet_years: 599 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 9 +- growth_outlets_from: 244 +- growth_outlets_to: 266 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 9 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 915,213 +- basis: median, Franchised Stores, open 24+ months as of 12/27/2025 (169 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| 2025 Gross Sales for All Qualifying Outlets – All Outlet Types | All Qualifying Outlets (Franchised + Company & Affiliated), open 24+ months as of 12/27/2025 | 202 | 935,548 | 921,160 | 295,287 | 2,153,303 | 2025 fiscal year (ended December 27, 2025) | 64 | +| 2025 Gross Sales for Franchised Qualifying Outlets – All | Franchised Stores, open 24+ months as of 12/27/2025 | 169 | 927,566 | 915,213 | 295,287 | 1,876,551 | 2025 fiscal year (ended December 27, 2025) | 64 | +| 2025 Gross Sales for Company & Affiliated Qualifying Outlets – All | Company & Affiliated Stores, open 24+ months as of 12/27/2025 | 33 | 976,425 | 937,399 | 565,111 | 2,153,303 | 2025 fiscal year (ended December 27, 2025) | 64 | +| 2025 Gross Sales – Franchised Operating 24 to 36 Months | Franchised Stores Operating 24 to 36 Months | 26 | 861,559 | 838,627 | 378,182 | 1,362,555 | 2025 fiscal year (ended December 27, 2025) | 64 | +| 2025 Gross Sales – Franchised Operating 36+ Months | Franchised Stores Operating 36+ Months | 143 | 939,567 | 920,536 | 295,287 | 1,876,551 | 2025 fiscal year (ended December 27, 2025) | 64 | +| 2025 Gross Sales – All Outlets Operating 24 to 36 Months | All Outlets (Franchised + Company & Affiliated) Operating 24 to 36 Months | 28 | 843,049 | 820,238 | 378,182 | 1,362,555 | 2025 fiscal year (ended December 27, 2025) | 64 | +| 2025 Gross Sales – All Outlets Operating 36+ Months | All Outlets (Franchised + Company & Affiliated) Operating 36+ Months | 174 | 950,433 | 928,292 | 295,287 | 2,153,303 | 2025 fiscal year (ended December 27, 2025) | 64 | +| Net Operating Margin – All Qualifying Outlets (Table 6) | All Qualifying Outlets – Franchised + Company & Affiliated (134 outlets) | 134 | 19.2 | 18.9 | -39.4 | 51.4 | 2025 fiscal year (ended December 27, 2025) | 63 | +| Net Operating Margin – All Franchised Qualifying Outlets (Table 6a) | All Franchised Qualifying Outlets (101 outlets) | 101 | 18.5 | 19.4 | -36 | 51.4 | 2025 fiscal year (ended December 27, 2025) | 63 | +| Net Operating Margin – Franchised $0-$900,000 Sales Bracket (Table 6a) | Franchised Stores with $0-$900,000 Annual Gross Sales (2025) | 34 | 9.3 | 14.7 | -36 | 29.1 | 2025 fiscal year (ended December 27, 2025) | 63 | +| Net Operating Margin – Franchised $900,000-$1,000,000 Sales Bracket (Table 6a) | Franchised Stores with $900,000-$1,000,000 Annual Gross Sales (2025) | 13 | 14.7 | 16.9 | -4.1 | 32.6 | 2025 fiscal year (ended December 27, 2025) | 63 | +| Net Operating Margin – Franchised $1,000,000-$1,500,000 Sales Bracket (Table 6a) | Franchised Stores with $1,000,000-$1,500,000 Annual Gross Sales (2025) | 52 | 21.7 | 21.2 | 5.6 | 51.4 | 2025 fiscal year (ended December 27, 2025) | 63 | +| Net Operating Margin – Franchised $1,500,000+ Sales Bracket (Table 6a) | Franchised Stores with $1,500,000+ Annual Gross Sales (2025) | 2 | 28.6 | 28.7 | 21.4 | 36 | 2025 fiscal year (ended December 27, 2025) | 63 | +| 2025 Gross Sales – Franchised Bottom 25% by Sales (Table 9a) | Franchised Stores Bottom 25% by 2025 Gross Sales | 42 | 555,451 | 588,558 | 295,287 | 698,476 | 2025 fiscal year (ended December 27, 2025) | 65 | +| 2025 Gross Sales – Franchised Next 25% (26-50th pct) by Sales (Table 9a) | Franchised Stores Next 25% (26th-50th percentile) by 2025 Gross Sales | 42 | 800,345 | 792,896 | 698,950 | 910,959 | 2025 fiscal year (ended December 27, 2025) | 65 | +| 2025 Gross Sales – Franchised Next 25% (51-75th pct) by Sales (Table 9a) | Franchised Stores Next 25% (51st-75th percentile) by 2025 Gross Sales | 42 | 1,013,135 | 1,002,715 | 915,213 | 1,130,574 | 2025 fiscal year (ended December 27, 2025) | 65 | +| 2025 Gross Sales – Franchised Top 25% by Sales (Table 9a) | Franchised Stores Top 25% by 2025 Gross Sales | 43 | 1,331,715 | 1,312,781 | 1,132,640 | 1,876,551 | 2025 fiscal year (ended December 27, 2025) | 65 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 174 | 33 | 0 | 0 | 2 | 0 | not disclosed | 205 | +| 2024 | 205 | 15 | 0 | 0 | 0 | 0 | not disclosed | 220 | +| 2025 | 220 | 9 | 2 | 0 | 0 | 2 | not disclosed | 225 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 1 +- renewal_term_years: 10 +- renewal_fee: You must: not be in default; give us timely notice; have substantially complied with the Franchise Agreement; sign then-current form of franchise agreement; sign general release (subject to state law); pay renewal fee; remodel Center and upgrade furniture, fixtures and equipment to current standards; complete refresher training (if we require it); and extend lease for duration of renewal term. +- transfer_fee: You must: submit transfer application; be in compliance with Franchise Agreement; assign lease, if applicable; pay transfer fee; subordinate transferee's ongoing payments owed to you (if any) to transferee's financial obligations owed to us; and sign general release (subject to state law). +- cure_period_days: 30 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 15 +- dispute_resolution: mediation +- governing_law_state: AZ +- fdd_page: 56 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 915,213 +- investment_midpoint_usd: 1,071,587 +- revenue_to_investment: 0.85 +- royalty_pct: 7 +- revenue_per_royalty_point_usd: 130,745 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 664,355 | 13 | 17 | 470,000 | lowest first | Daycare & Boarding | +| fee_low | 40,095 | 7 | 17 | 49,000 | lowest first | Daycare & Boarding | +| royalty | 7 | 12 | 17 | 6 | lowest first | Daycare & Boarding | +| allin | 9 | 13 | 17 | 8 | lowest first | Daycare & Boarding | +| outlets | 266 | 1 | 16 | 12.5 | highest first | Daycare & Boarding | +| growth | 9 | 17 | 28 | 12.65 | highest first | Pet Services | +| closure | 0.7 | 5 | 27 | 2.8 | lowest first | Pet Services | + +## Similar alternatives (closest first) +1. Hounds Town USA (same sub-category; investment from $667,610) +2. All American Pet Resorts (same sub-category; investment from $687,500) +3. District Dogs (same sub-category; investment from $622,225) +4. Camp Run-A-Mutt (same sub-category; investment from $588,900) +5. A Dog's Day Out (same sub-category; investment from $749,750) +6. Central Bark (same sub-category; investment from $522,474) +7. DoggieWorld (same sub-category; investment from $470,000) +8. Camp Bow Wow (same sub-category; investment from $954,606) +9. Dogdrop (same sub-category; investment from $356,050) +10. Playful Pack (same sub-category; investment from $286,250) diff --git a/profiles/era-group.md b/profiles/era-group.md new file mode 100644 index 0000000000000000000000000000000000000000..107f51a09d8ae54549c858eaf0368d7780643246 --- /dev/null +++ b/profiles/era-group.md @@ -0,0 +1,98 @@ +# ERA Group + +- Brand slug: era-group +- Legal name: Expense Reduction Analysts, Inc. +- Industry: B2B Supplies +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/era-group/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 64,900 +- initial_fee_high_usd: 69,900 +- royalty_pct: 15 +- royalty_min_monthly_usd: 1,051.65 +- marketing_fee_pct: 3 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 142.5 +- total_investment_low_usd: 76,000 +- total_investment_high_usd: 105,900 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Base fee is $69,900. VetFran® qualified veterans receive $5,000 discount ($64,900). Additional training fee: $10,000 per additional/substitute owner; $5,000 if spouse or immediate family member. Minimum Royalty Fee $1,051.65 per month for the first 36 months, then $1,314.56 per month for the rest of the initial term. Technology Fee $142.50 per month for the first 18 months, then $285 per month. National Conference Registration Fee currently $1,314.56 per attendee, payable in monthly installments whether or not you attend. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 196 +- franchised_outlets: 196 +- company_outlets: 0 +- states_count: 25 +- closure_rate_pct: 7.7 +- closures: 34 +- closures_not_itemized: 0 +- reacquired: 2 +- franchised_outlet_years: 441 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 34.2 +- growth_outlets_from: 146 +- growth_outlets_to: 196 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 18 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 268,982 +- basis: median, All Full-Time Regional Franchisees (18+ months operating) (86 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Net Cumulative Receipts | Top 25% (1st Quartile) by Net Cumulative Receipts - Full-Time Regional Franchisees, 18+ months operating | 22 | 900,566 | 734,102 | 510,989 | 2,998,404 | 2025 calendar year | not disclosed | +| Net Cumulative Receipts | 25-50% (2nd Quartile) by Net Cumulative Receipts - Full-Time Regional Franchisees, 18+ months operating | 21 | 356,457 | 341,597 | 261,053 | 468,148 | 2025 calendar year | not disclosed | +| Net Cumulative Receipts | 50-75% (3rd Quartile) by Net Cumulative Receipts - Full-Time Regional Franchisees, 18+ months operating | 21 | 208,279 | 202,622 | 151,816 | 257,796 | 2025 calendar year | not disclosed | +| Net Cumulative Receipts | Bottom 25% (4th Quartile) by Net Cumulative Receipts - Full-Time Regional Franchisees, 18+ months operating | 22 | 55,355 | 60,644 | 0 | 115,984 | 2025 calendar year | not disclosed | +| Net Cumulative Receipts | All Full-Time Regional Franchisees (18+ months operating) | 86 | 388,180 | 268,982 | 0 | 2,998,404 | 2025 calendar year | not disclosed | +| Net Cumulative Receipts | Part-Time Regional Franchisees (18+ months operating) | 51 | 30,939 | 109 | 0 | 436,063 | 2025 calendar year | not disclosed | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 136 | 23 | 6 | 0 | 2 | 7 | not disclosed | 144 | +| 2024 | 144 | 30 | 12 | 1 | 0 | 0 | not disclosed | 161 | +| 2025 | 161 | 43 | 8 | 0 | 0 | 0 | not disclosed | 196 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 268,982 +- investment_midpoint_usd: 90,950 +- revenue_to_investment: 2.96 +- royalty_pct: 15 +- revenue_per_royalty_point_usd: 17,932 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 76,000 | 35 | 70 | 78,025 | lowest first | B2B Supplies | +| fee_low | 64,900 | 61 | 65 | 35,900 | lowest first | B2B Supplies | +| royalty | 15 | 41 | 47 | 7 | lowest first | B2B Supplies | +| allin | 18 | 44 | 47 | 7.5 | lowest first | B2B Supplies | +| outlets | 196 | 14 | 68 | 41.5 | highest first | B2B Supplies | +| growth | 34.2 | 3 | 44 | 0 | highest first | B2B Supplies | +| closure | 7.7 | 23 | 40 | 6.55 | lowest first | B2B Supplies | + +## Similar alternatives (closest first) +1. Complete Mobile Drug Testing (same industry; investment from $72,350) +2. Gasket Guy (same industry; investment from $80,050) +3. World Options (same industry; investment from $81,100) +4. Instant Imprints (same industry; investment from $82,800) +5. TownePost (same industry; investment from $83,350) +6. Locals Love Us (same industry; investment from $66,750) +7. InXpress (same industry; investment from $86,900) +8. Money Mailer (same industry; investment from $64,630) +9. Runningboards Marketing (same industry; investment from $87,400) +10. Our Town America (same industry; investment from $64,399) diff --git a/profiles/gymguyz.md b/profiles/gymguyz.md new file mode 100644 index 0000000000000000000000000000000000000000..4bdaa3ca05c11fd91b4318a60e84f0816c31d7d6 --- /dev/null +++ b/profiles/gymguyz.md @@ -0,0 +1,100 @@ +# Gymguyz + +- Brand slug: gymguyz +- Legal name: GYMGUYZ Franchising LLC +- Industry: Fitness & Wellness +- FDD year: 2025 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/gymguyz/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 49,500 +- initial_fee_high_usd: 49,500 +- royalty_pct: 7 +- royalty_min_monthly_usd: 650 +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: 87 +- tech_fee_monthly_usd: 643 +- total_investment_low_usd: 92,100 +- total_investment_high_usd: 174,000 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Base fee for 30,000-household territory. Additional $1.50/household for territories exceeding 30,000 (capped at 15,000 additional households). Discounts: $5,000 off for 2nd/3rd franchises or honorably discharged veterans (non-stackable). Excludes $11,500–$31,500 initial marketing fund and $0–$2,500 launch fund fee. Technology fee shown totals the $50 per two-week Technology Fee for a single unit (about $108 per month), the $375 per month POS System Fee (Mindbody), the $125 per month Microsite Fee (not to exceed $200 per microsite) and the $35 per month Hiring Platform Fee (plus tax), all paid to the franchisor. Search Engine Optimization Fee is $318 per month, paid to the franchisor. Telemarketing Fee is $299 per month, paid to the franchisor. VOIP Fee is $69 per month per line, paid to the franchisor. Social Media Posting Platform fee is currently $35 to $50 per month, not to exceed $100. The GYMGUYZ Training Application ($90 per month) is optional. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 130 +- franchised_outlets: 116 +- company_outlets: 16 +- states_count: 21 +- closure_rate_pct: 11.6 +- closures: 36 +- closures_not_itemized: 0 +- reacquired: 14 +- franchised_outlet_years: 311 +- closure_year_from: 2022 +- closure_year_to: 2024 +- closure_ranking_eligible: yes +- growth_pct: 33.3 +- growth_outlets_from: 99 +- growth_outlets_to: 132 +- growth_year_from: 2022 +- growth_year_to: 2024 +- growth_ranking_eligible: yes +- all_in_fee_pct: 9 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 130,644 +- basis: median, 85 franchised outlets (85 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Sales | Affiliate Owned Locations (3 units, Long Island, NY) | 3 | 409,731.67 | not disclosed | not disclosed | not disclosed | 2024 | 44 | +| Gross Profit Less Disclosed Expenses | Affiliate Owned Locations (3 units, Long Island, NY) | 3 | 193,891.33 | not disclosed | not disclosed | not disclosed | 2024 | 45 | +| Gross Profit Less Disclosed Expenses / Franchisee Related Expenses | Affiliate Owned Locations (3 units, Long Island, NY) | 3 | 160,712.67 | not disclosed | not disclosed | not disclosed | 2024 | 45 | +| Gross Sales | Affiliate Owned Locations (3 units, Long Island, NY) | 3 | 296,284.67 | not disclosed | not disclosed | not disclosed | 2023 | 44 | +| Gross Sales | 85 franchised outlets | 85 | 106,507.4 | 130,644 | 0 | 835,964 | | not disclosed | +| Average Gross Sales per FTE Trainer | 85 franchised outlets (51 FTE trainers aggregate) | 85 | 161,701.68 | not disclosed | not disclosed | not disclosed | | not disclosed | +| Gross Profit Less Disclosed Expenses | Affiliate Owned Locations (3 units, Long Island, NY) | 3 | 154,592 | not disclosed | not disclosed | not disclosed | 2023 | 45 | +| Gross Profit Less Disclosed Expenses / Franchisee Related Expenses | Affiliate Owned Locations (3 units, Long Island, NY) | 3 | 130,489.33 | not disclosed | not disclosed | not disclosed | 2023 | 45 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2022 | 95 | 15 | 0 | 0 | 0 | 13 | 3 | 97 | +| 2023 | 97 | 26 | 0 | 0 | 0 | 4 | 6 | 119 | +| 2024 | 119 | 30 | 13 | 0 | 14 | 6 | 3 | 116 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 130,644 +- investment_midpoint_usd: 133,050 +- revenue_to_investment: 0.98 +- royalty_pct: 7 +- revenue_per_royalty_point_usd: 18,663 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 92,100 | 7 | 52 | 253,425 | lowest first | Boutique Group Fitness | +| fee_low | 49,500 | 38 | 53 | 40,000 | lowest first | Boutique Group Fitness | +| royalty | 7 | 24 | 50 | 7 | lowest first | Boutique Group Fitness | +| allin | 9 | 27 | 50 | 8.5 | lowest first | Boutique Group Fitness | +| outlets | 132 | 11 | 53 | 30 | highest first | Boutique Group Fitness | +| growth | 33.3 | 3 | 23 | -10.5 | highest first | Boutique Group Fitness | +| closure | 11.6 | 14 | 23 | 11.1 | lowest first | Boutique Group Fitness | + +## Similar alternatives (closest first) +1. Fly to Fit Bungee Fitness Studio (same sub-category; investment from $94,200) +2. Special Strong (same sub-category; investment from $89,750) +3. ServiceRX (same sub-category; investment from $64,175) +4. Club KO (same sub-category; investment from $127,962) +5. A.E.S. Fitness (same sub-category; investment from $55,950) +6. Soldierfit (same sub-category; investment from $136,684) +7. Farrell's eXtreme Bodyshaping (same sub-category; investment from $151,028) +8. 9Round (same sub-category; investment from $160,449) +9. Moms on the RUN (same sub-category; investment from $13,900) +10. Fit4mom (same sub-category; investment from $8,245) diff --git a/profiles/hand-and-stone-massage-and-facial-spa.md b/profiles/hand-and-stone-massage-and-facial-spa.md new file mode 100644 index 0000000000000000000000000000000000000000..10609278cc2556d561a80bc41fc37172c9958b93 --- /dev/null +++ b/profiles/hand-and-stone-massage-and-facial-spa.md @@ -0,0 +1,124 @@ +# Hand and Stone Massage and Facial Spa + +- Brand slug: hand-and-stone-massage-and-facial-spa +- Legal name: HAND AND STONE FRANCHISE LLC +- Industry: Fitness & Wellness +- FDD year: 2026 (WI) +- Source: https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=640845&hash=2025006140&search=external&type=GENERAL +- FranchiseDepth page: https://franchisedepth.com/franchise/hand-and-stone-massage-and-facial-spa/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 49,500 +- initial_fee_high_usd: 49,500 +- royalty_pct: 6 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 1 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 761 +- total_investment_low_usd: 320,891 +- total_investment_high_usd: 864,729 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard new franchisee fee is $49,500; existing franchisee additional units $39,500; VetFran 20% discount applies. In 2025 a conversion program waived fees for select conversions so fees ranged $0-$49,500. Area development minimum 3-spa package total $103,500 standard ($34,500/spa). + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 615 +- franchised_outlets: 600 +- company_outlets: 15 +- states_count: 38 +- closure_rate_pct: 0.6 +- closures: 9 +- closures_not_itemized: 0 +- reacquired: 1 +- franchised_outlet_years: 1594 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 13.5 +- growth_outlets_from: 542 +- growth_outlets_to: 615 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 7 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 1,236,266 +- basis: median, 570 Franchised Outlets open 12 months or more, Calendar Year 2025 (570 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Average Gross Sales — Corporate Spas Total | 15 Corporate Spas open 12 months or more, Calendar Year 2025 | 15 | 2,281,726 | 2,407,611 | 1,197,779 | 3,259,296 | 2025 calendar year | not disclosed | +| Average Gross Sales — Corporate Spas Top 25% | Top 25% of 15 Corporate Spas, Calendar Year 2025 | 4 | 3,033,222 | 3,087,976 | 2,697,639 | 3,259,296 | 2025 calendar year | not disclosed | +| Average Gross Sales — Corporate Spas Second 25% | Second 25% of 15 Corporate Spas, Calendar Year 2025 | 3 | 2,543,674 | 2,520,398 | 2,467,475 | 2,643,151 | 2025 calendar year | not disclosed | +| Average Gross Sales — Corporate Spas Third 25% | Third 25% of 15 Corporate Spas, Calendar Year 2025 | 4 | 2,081,525 | 2,084,771 | 1,748,946 | 2,407,611 | 2025 calendar year | not disclosed | +| Average Gross Sales — Corporate Spas Bottom 25% | Bottom 25% of 15 Corporate Spas, Calendar Year 2025 | 4 | 1,533,971 | 1,621,564 | 1,197,779 | 1,694,979 | 2025 calendar year | not disclosed | +| Average Gross Sales — Franchised Outlets Total | 570 Franchised Outlets open 12 months or more, Calendar Year 2025 | 570 | 1,334,936 | 1,236,266 | 145,813 | 4,394,479 | 2025 calendar year | not disclosed | +| Average Gross Sales — Franchised Outlets Top 25% | Top 25% of 570 Franchised Outlets, Calendar Year 2025 | 135 | 2,277,452 | 2,111,067 | 1,720,132 | 4,394,479 | 2025 calendar year | not disclosed | +| Average Gross Sales — Franchised Outlets Second 25% | Second 25% of 570 Franchised Outlets, Calendar Year 2025 | 143 | 1,469,435 | 1,466,559 | 1,264,389 | 1,719,338 | 2025 calendar year | not disclosed | +| Average Gross Sales — Franchised Outlets Third 25% | Third 25% of 570 Franchised Outlets, Calendar Year 2025 | 145 | 1,042,031 | 1,040,113 | 853,658 | 1,264,274 | 2025 calendar year | not disclosed | +| Average Gross Sales — Franchised Outlets Bottom 25% | Bottom 25% of 570 Franchised Outlets, Calendar Year 2025 | 147 | 627,439 | 633,540 | 145,813 | 853,147 | 2025 calendar year | not disclosed | +| Average Gross Sales — All Outlets Total | 585 outlets (570 franchised + 15 corporate) open 12 months or more, Calendar Year 2025 | 585 | 1,359,212 | 1,264,274 | 145,813 | 4,394,479 | 2025 calendar year | not disclosed | +| Average Massage Service Sales — Franchised Outlets Total | 570 Franchised Outlets open 12 months or more, Calendar Year 2025 | 570 | 795,502 | 715,529 | 63,797 | 2,186,824 | 2025 calendar year | not disclosed | +| Average Facial Service Sales — Franchised Outlets Total | 570 Franchised Outlets open 12 months or more, Calendar Year 2025 | 570 | 351,588 | 319,108 | 240 | 1,590,921 | 2025 calendar year | not disclosed | +| Average Product Sales — Franchised Outlets Total | 570 Franchised Outlets open 12 months or more, Calendar Year 2025 | 570 | 49,223 | 41,822 | 268 | 299,133 | 2025 calendar year | not disclosed | +| Average Gift Card Sales — Franchised Outlets Total | 570 Franchised Outlets open 12 months or more, Calendar Year 2025 | 570 | 146,413 | 126,483 | 21,754 | 725,828 | 2025 calendar year | not disclosed | +| Table 6b Gross Sales — Franchised Outlets with Expenses Total | 134 of 600 Franchised Outlets reporting expenses, Calendar Year 2025 | 134 | 1,402,246 | 1,280,006 | 392,276 | 4,394,479 | 2025 calendar year | not disclosed | +| Labor and Benefit Costs — Franchised Outlets Total (Table 6b) | 134 Franchised Outlets reporting expenses, Calendar Year 2025 | 134 | 704,996 | 617,112 | 237,633 | 2,198,568 | 2025 calendar year | not disclosed | +| Occupancy Costs — Franchised Outlets Total (Table 6b) | 134 Franchised Outlets reporting expenses, Calendar Year 2025 | 134 | 140,089 | 138,203 | 60,985 | 248,269 | 2025 calendar year | not disclosed | +| Table 6a Gross Sales — Corporate Spas Total | 15 Corporate Spas, Calendar Year 2025 | 15 | 2,281,726 | 2,407,611 | 1,197,779 | 3,259,296 | 2025 calendar year | not disclosed | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 487 | 43 | 2 | 0 | 1 | 0 | not disclosed | 527 | +| 2024 | 527 | 55 | 0 | 0 | 0 | 2 | not disclosed | 580 | +| 2025 | 580 | 25 | 4 | 0 | 0 | 1 | not disclosed | 600 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 1 +- renewal_term_years: 10 +- renewal_fee: renewal fee of equal to 25% of then current initial franchise fee +- transfer_fee: transfer fee equal to 50% of the then current initial franchise fee +- cure_period_days: 30 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 10 +- dispute_resolution: mediation +- governing_law_state: PA +- fdd_page: 46 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 1,236,266 +- investment_midpoint_usd: 592,810 +- revenue_to_investment: 2.09 +- royalty_pct: 6 +- revenue_per_royalty_point_usd: 206,044 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 320,891 | 5 | 13 | 476,459 | lowest first | Massage & Facial Spa | +| fee_low | 49,500 | 9 | 13 | 40,000 | lowest first | Massage & Facial Spa | +| royalty | 6 | 3 | 13 | 6 | lowest first | Massage & Facial Spa | +| allin | 7 | 3 | 13 | 7.75 | lowest first | Massage & Facial Spa | +| outlets | 615 | 2 | 13 | 64 | highest first | Massage & Facial Spa | +| growth | 13.5 | 3 | 9 | 5.8 | highest first | Massage & Facial Spa | +| closure | 0.6 | 4 | 9 | 1 | lowest first | Massage & Facial Spa | + +## Similar alternatives (closest first) +1. Viyada Thai SPA (same sub-category; investment from $311,400) +2. LaVida Massage (same sub-category; investment from $293,250) +3. Cloud 9 Foot Spa (same sub-category; investment from $262,450) +4. Massage Heights (same sub-category; investment from $472,199) +5. The NOW (same sub-category; investment from $476,459) +6. Spavia (same sub-category; investment from $495,800) +7. Brilliant Massage & Skin (same sub-category; investment from $120,767) +8. Elements Massage (same sub-category; investment from $567,239) +9. MassageLuXe (same sub-category; investment from $570,900) +10. Heyday (same sub-category; investment from $574,000) diff --git a/profiles/huntington-learning-centers.md b/profiles/huntington-learning-centers.md new file mode 100644 index 0000000000000000000000000000000000000000..a5d27f435dc8a96b154023bb14028176eb368bf3 --- /dev/null +++ b/profiles/huntington-learning-centers.md @@ -0,0 +1,113 @@ +# Huntington Learning Centers + +- Brand slug: huntington-learning-centers +- Legal name: Huntington Learning Centers Inc. +- Industry: Education +- FDD year: 2026 (WI) +- Source: https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=641005&hash=1553927880&search=external&type=GENERAL +- FranchiseDepth page: https://franchisedepth.com/franchise/huntington-learning-centers/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 42,000 +- initial_fee_high_usd: 42,000 +- royalty_pct: 9.5 +- royalty_min_monthly_usd: 2,000 +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: 500 +- tech_fee_monthly_usd: 1,375 +- total_investment_low_usd: 191,992 +- total_investment_high_usd: 340,632 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard fee $42,000. Multi-unit discount to $27,000 for 2nd+ units. Veteran discount to $31,500. Transfer fee $10,000 (IFF waived). Renewal fee $8,000 (IFF waived). MicroSchool amendment initial fee $10,000. During 2025, charged between $0 and $36,000. Advertising minimum: you must spend at least $57,000 per year on Huntington Services and eTutoring, including at least $2,000 each month, on top of the 2% Advertising Fund. CoOp fees average about $2,000 per month and are credited toward the advertising minimum. Call Center $415 per month plus $34.47 to $76.50 per academic evaluation, required for the whole term. Conference Services $315 per month, credited against usage charges, required. Marketing Communication Program spend of at least $100 per month. Required accounting and payroll software from the designated vendor costs $125 to $165 per month. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 245 +- franchised_outlets: 243 +- company_outlets: 2 +- states_count: 38 +- closure_rate_pct: 5.8 +- closures: 47 +- closures_not_itemized: 0 +- reacquired: 2 +- franchised_outlet_years: 813 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -12.2 +- growth_outlets_from: 279 +- growth_outlets_to: 245 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 11.5 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 533,106 +- basis: median, 232 franchised HLCs open all of 2025 (Mature Centers) (232 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Revenue | 232 franchised HLCs open all of 2025 (Mature Centers) | 232 | 609,454 | 533,106 | 136,567 | 3,093,560 | 2025 calendar year | 53 | +| Gross Revenue — Top 25% | Top 25% of 232 Mature Centers | 58 | 1,115,433 | 1,016,562 | 764,311 | 3,093,560 | 2025 calendar year | 53 | +| Gross Revenue — Mid-upper 25% | Mid-upper 25% of 232 Mature Centers | 58 | 646,065 | 635,442 | 533,308 | 759,290 | 2025 calendar year | 53 | +| Gross Revenue — Mid-lower 25% | Mid-lower 25% of 232 Mature Centers | 58 | 428,854 | 433,139 | 328,228 | 532,904 | 2025 calendar year | 53 | +| Gross Revenue — Bottom 25% | Bottom 25% of 232 Mature Centers | 58 | 247,465 | 242,341 | 136,567 | 327,440 | 2025 calendar year | 53 | +| Gross Revenue — Top half | Top half of 232 Mature Centers | 116 | 880,749 | 761,800 | 533,308 | 3,093,560 | 2025 calendar year | 54 | +| Gross Revenue — Bottom half | Bottom half of 232 Mature Centers | 116 | 338,159 | 327,834 | 136,567 | 532,904 | 2025 calendar year | 54 | +| Gross Revenue — $1M+ centers | 30 Mature Centers with Gross Revenue of $1,000,000 or more | 30 | 1,337,289 | 1,164,749 | not disclosed | not disclosed | 2025 calendar year | 52 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 280 | 4 | 10 | 0 | 1 | 0 | not disclosed | 273 | +| 2024 | 273 | 4 | 15 | 2 | 0 | 0 | not disclosed | 260 | +| 2025 | 260 | 4 | 17 | 3 | 1 | 0 | not disclosed | 243 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: not disclosed +- renewal_term_years: 10 +- renewal_fee: Pay a nonrefundable fee of $10,000 (if you have a Territory, the fee is greater). +- transfer_fee: You pay us a nonrefundable Transfer Fee of $1,000, plus our associated costs. (death/disability context; general transfer fee references 'Transfer Fee, our related costs, any related broker fees, and a Training and Technology Initial Fee' without a stated dollar amount) +- cure_period_days: 10 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 25 +- dispute_resolution: mediation +- governing_law_state: DE +- fdd_page: 45 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 533,106 +- investment_midpoint_usd: 266,312 +- revenue_to_investment: 2 +- royalty_pct: 9.5 +- revenue_per_royalty_point_usd: 56,116 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 191,992 | 22 | 24 | 98,065 | lowest first | Academic Tutoring | +| fee_low | 42,000 | 16 | 24 | 32,250 | lowest first | Academic Tutoring | +| royalty | 9.5 | 9 | 18 | 9.75 | lowest first | Academic Tutoring | +| allin | 11.5 | 11 | 18 | 11 | lowest first | Academic Tutoring | +| outlets | 245 | 5 | 24 | 43.5 | highest first | Academic Tutoring | +| growth | -12.2 | 13 | 16 | -7.3 | highest first | Academic Tutoring | +| closure | 5.8 | 8 | 16 | 6.05 | lowest first | Academic Tutoring | + +## Similar alternatives (closest first) +1. Prepaze Academy (same sub-category; investment from $154,000) +2. LearningRx (same sub-category; investment from $150,000) +3. Omega Learning Center (same sub-category; investment from $135,913) +4. Mathnasium (same sub-category; investment from $127,316) +5. Level UP Learning (same sub-category; investment from $126,265) +6. Sylvan Learning (same sub-category; investment from $117,600) +7. The Tutoring Center (same sub-category; investment from $114,420) +8. GradePower Learning (same sub-category; investment from $113,136) +9. Genius Kids (same sub-category; investment from $276,300) +10. Kumon (same sub-category; investment from $101,630) diff --git a/profiles/liberty-tax-service.md b/profiles/liberty-tax-service.md new file mode 100644 index 0000000000000000000000000000000000000000..ee4ead26655f6970b366eb3bb7d4e13e96928d2e --- /dev/null +++ b/profiles/liberty-tax-service.md @@ -0,0 +1,107 @@ +# Liberty Tax Service + +- Brand slug: liberty-tax-service +- Legal name: JTH Tax LLC +- Industry: Tax & Financial +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/liberty-tax-service/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 25,000 +- initial_fee_high_usd: 25,000 +- royalty_pct: 14 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 5 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 49,700 +- total_investment_high_usd: 71,400 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard fee $25,000. Franchisor has offered franchises at reduced rates, including $0 in company store purchase programs. Royalty of 14% of Gross Receipts is subject to annual minimums: no minimum in year 1, $5,000 in year 2, $8,000 in year 3 and $11,000 in years 4 and 5. Any shortfall to the minimum is due May 5 for the twelve months ending April 30. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 1,663 +- franchised_outlets: 1,537 +- company_outlets: 126 +- states_count: 51 +- closure_rate_pct: 8.7 +- closures: 478 +- closures_not_itemized: 0 +- reacquired: 55 +- franchised_outlet_years: 5490 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -11.8 +- growth_outlets_from: 1,885 +- growth_outlets_to: 1,663 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 19 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 139,486 +- basis: median, 1,411 franchise-owned Liberty Tax offices operated during tax season 2025 and remained active into tax season 2026 (1,411 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Net Fees | 1,411 franchise-owned Liberty Tax offices operated during tax season 2025 and remained active into tax season 2026 | 1,411 | 164,860 | 139,486 | 5,306 | 1,145,331 | Tax season 2025 (January 1 - December 31, 2025) | not disclosed | +| Returns (Federal Tax Returns transmitted) | 1,411 franchise-owned Liberty Tax offices operated during tax season 2025 and remained active into tax season 2026 | 1,411 | 586 | 494 | 25 | 4,729 | Tax season 2025 (January 1 - December 31, 2025) | not disclosed | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 1,991 | 23 | 119 | 30 | 0 | 52 | not disclosed | 1,813 | +| 2024 | 1,813 | 34 | 73 | 38 | 12 | 38 | not disclosed | 1,686 | +| 2025 | 1,686 | 22 | 62 | 38 | 43 | 28 | not disclosed | 1,537 | + +## Agreement terms (Item 17) +- term_years: 5 +- renewal_count: not disclosed +- renewal_term_years: 5 +- renewal_fee: There is no fee for renewal but you must sign a general release of claims (Ex. D-4), at our request, remodel, refurbish, and modernize your franchised business, notify us in writing at least 180 days before the expiration of the agreement, be in full compliance with your Franchise Agreement and our Operations Manual and you will be required to sign our then-current standard franchise agreement 90 days before expiration of the agreement that may contain materially different terms and conditions t +- transfer_fee: You must be in compliance with the franchise agreement, pay transfer fees, sign a release (Ex. D-4), we must approve transferee, we have right of first refusal and transferee must attend and successfully complete training, transferee must agree to fully and timely complete a remodeling, refurbishing, and modernizing of the franchised business within 90 days following the completion of the transfer. +- cure_period_days: 7 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 25 +- dispute_resolution: arbitration +- governing_law_state: VA +- fdd_page: 55 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 139,486 +- investment_midpoint_usd: 60,550 +- revenue_to_investment: not disclosed +- royalty_pct: 14 +- revenue_per_royalty_point_usd: 9,963 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 49,700 | 18 | 52 | 59,350 | lowest first | Tax & Financial | +| fee_low | 25,000 | 17 | 51 | 29,500 | lowest first | Tax & Financial | +| royalty | 14 | 22 | 34 | 10 | lowest first | Tax & Financial | +| allin | 19 | 26 | 34 | 12 | lowest first | Tax & Financial | +| outlets | 1,663 | 4 | 52 | 78 | highest first | Tax & Financial | +| growth | -11.8 | 32 | 38 | -1.15 | highest first | Tax & Financial | +| closure | 8.7 | 24 | 36 | 6.15 | lowest first | Tax & Financial | + +## Similar alternatives (closest first) +1. Atax (same sub-category; investment from $59,150) +2. H&R Block (same sub-category; investment from $34,080) +3. Jackson Hewitt Tax Service (same sub-category; investment from $71,050) +4. Toro Taxes (same sub-category; investment from $17,835) +5. Estrella Insurance (same industry; investment from $49,950) +6. Decimal (same industry; investment from $46,300) +7. Loyalty Business Brokers (same industry; investment from $53,350) +8. Co/LAB (same industry; investment from $54,750) +9. Motto Mortgage (same industry; investment from $55,700) +10. Brightway Insurance (same industry; investment from $43,425) diff --git a/profiles/mathnasium.md b/profiles/mathnasium.md new file mode 100644 index 0000000000000000000000000000000000000000..f9da51eff9d86c6333063017c1d72f7bcd44ef0f --- /dev/null +++ b/profiles/mathnasium.md @@ -0,0 +1,102 @@ +# Mathnasium + +- Brand slug: mathnasium +- Legal name: Mathnasium Franchisor LLC +- Industry: Education +- FDD year: 2026 (WI) +- Source: https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=641614&hash=1383796229&search=external&type=GENERAL +- FranchiseDepth page: https://franchisedepth.com/franchise/mathnasium/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 49,000 +- initial_fee_high_usd: 49,000 +- royalty_pct: 10 +- royalty_min_monthly_usd: 1,500 +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 266 +- total_investment_low_usd: 127,316 +- total_investment_high_usd: 165,846 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard first-franchise fee $49,000; additional franchise or Center Director discount $26,500; transferee fee $7,000 (may be waived); veteran/educator discount 25% off first-center fee; development fee $75,500-$129,000 for 2-5 centers credited toward franchise fees. In 2025, fees paid ranged $0-$49,000. Royalty is 10% of monthly Gross Receipts; beginning in the 24th month of operation it is the greater of 10% or $1,500 per month. A Base Royalty of $650 per month is also payable, beginning 6 months after signing. Monthly Marketing Fee is $250 plus 2% of monthly Gross Receipts. A Digital and Local Marketing Fee of at least $1,000 per month is paid to the franchisor and credited against the local marketing requirement. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 1,047 +- franchised_outlets: 1,043 +- company_outlets: 4 +- states_count: 45 +- closure_rate_pct: 2.1 +- closures: 60 +- closures_not_itemized: 0 +- reacquired: 1 +- franchised_outlet_years: 2914 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 7.7 +- growth_outlets_from: 972 +- growth_outlets_to: 1,047 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 12 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 326,428 +- basis: median, 914 franchised Mathnasium Centers open and operated by the same franchisee 12 months or longer as of December 31, 2025 (914 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Annual Gross Receipts | 914 franchised Mathnasium Centers open and operated by the same franchisee 12 months or longer as of December 31, 2025 | 914 | 384,874 | 326,428 | 66,925 | 1,511,770 | January 1 - December 31, 2025 | 60 | +| Annual Gross Receipts | Top 1/4 of 914 franchised Mathnasium Centers open 12+ months | 229 | 693,314 | 635,510 | 467,777 | 1,511,770 | January 1 - December 31, 2025 | 60 | +| Annual Gross Receipts | Mid-Upper 1/4 of 914 franchised Mathnasium Centers open 12+ months | 228 | 391,418 | 391,156 | 326,710 | 466,924 | January 1 - December 31, 2025 | 60 | +| Annual Gross Receipts | Mid-Lower 1/4 of 914 franchised Mathnasium Centers open 12+ months | 228 | 278,021 | 274,816 | 235,325 | 326,146 | January 1 - December 31, 2025 | 60 | +| Annual Gross Receipts | Bottom 1/4 of 914 franchised Mathnasium Centers open 12+ months | 229 | 176,306 | 182,523 | 66,925 | 234,408 | January 1 - December 31, 2025 | 60 | +| Operating Profit | 914 franchised Mathnasium Centers (Covered Centers) open 12+ months with complete 2025 P&Ls | 914 | 117,000 | 111,630 | not disclosed | not disclosed | January 1 - December 31, 2025 | 61 | +| Annual Gross Receipts per center | Franchisees owning 1 Center (289 franchisees), centers open 36+ months under the same franchisee | 289 | 373,107 | 318,865 | 90,745 | 1,335,332 | January 1 - December 31, 2025 | 64 | +| Annual Gross Receipts per center | Franchisees owning 2 Centers (60 franchisees), centers open 36+ months under the same franchisee | 120 | 407,394 | 338,334 | 91,037 | 1,283,151 | January 1 - December 31, 2025 | 64 | +| Annual Gross Receipts per center | Franchisees owning 3-5 Centers (26 franchisees), centers open 36+ months under the same franchisee | 92 | 453,229 | 390,326 | 77,077 | 1,511,770 | January 1 - December 31, 2025 | 64 | +| Annual Gross Receipts per center | Franchisees owning 6+ Centers (14 franchisees), centers open 36+ months under the same franchisee | 158 | 467,965 | 419,572 | 122,948 | 1,387,460 | January 1 - December 31, 2025 | 64 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 951 | 43 | 0 | 0 | 1 | 25 | not disclosed | 968 | +| 2024 | 968 | 47 | 0 | 0 | 0 | 20 | not disclosed | 995 | +| 2025 | 995 | 63 | 0 | 0 | 0 | 15 | not disclosed | 1,043 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 326,428 +- investment_midpoint_usd: 146,581 +- revenue_to_investment: 2.23 +- royalty_pct: 10 +- revenue_per_royalty_point_usd: 32,643 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 127,316 | 18 | 24 | 98,065 | lowest first | Academic Tutoring | +| fee_low | 49,000 | 19 | 24 | 32,250 | lowest first | Academic Tutoring | +| royalty | 10 | 10 | 18 | 9.75 | lowest first | Academic Tutoring | +| allin | 12 | 12 | 18 | 11 | lowest first | Academic Tutoring | +| outlets | 1,047 | 2 | 24 | 43.5 | highest first | Academic Tutoring | +| growth | 7.7 | 2 | 16 | -7.3 | highest first | Academic Tutoring | +| closure | 2.1 | 4 | 16 | 6.05 | lowest first | Academic Tutoring | + +## Similar alternatives (closest first) +1. Level UP Learning (same sub-category; investment from $126,265) +2. Omega Learning Center (same sub-category; investment from $135,913) +3. Sylvan Learning (same sub-category; investment from $117,600) +4. The Tutoring Center (same sub-category; investment from $114,420) +5. GradePower Learning (same sub-category; investment from $113,136) +6. LearningRx (same sub-category; investment from $150,000) +7. Kumon (same sub-category; investment from $101,630) +8. Prepaze Academy (same sub-category; investment from $154,000) +9. The Resource Room (same sub-category; investment from $94,500) +10. Tutor Doctor (same sub-category; investment from $94,295) diff --git a/profiles/pet-supplies-plus.md b/profiles/pet-supplies-plus.md new file mode 100644 index 0000000000000000000000000000000000000000..9acd514d59507e7a47d6618d7e92bd64cc9dfc4a --- /dev/null +++ b/profiles/pet-supplies-plus.md @@ -0,0 +1,140 @@ +# Pet Supplies Plus + +- Brand slug: pet-supplies-plus +- Legal name: PSP Franchise Operations SPV, LLC +- Industry: Pet Services +- FDD year: 2025 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/pet-supplies-plus/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 49,900 +- initial_fee_high_usd: 49,900 +- royalty_pct: 3 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 3.5 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 540,520 +- total_investment_high_usd: 1,975,005 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Single fee of $49,900; waived for approved conversions. Existing franchisees pay $35,000 for 2nd+ stores. Employees pay $10,000. VetFran 20% discount; First Responder 10% discount. Multi-Unit Fee: $49,900 for first store + $35,000 per additional store. Royalty is 2% of monthly Gross Sales for the first 12 months of operation and 3% after. Advertising in the first 12 months of operation is a fixed $4,350 per month: $3,350 Local Marketing Spend plus $1,000 to the National Advertising Fund. After the first 12 months, the advertising contribution is the lesser of 3.5% of Gross Sales or $8,333 per month, with 2/3 directed to Local Marketing Spend (remitted to a third-party vendor) and 1/3 to the National Advertising Fund. Advertising contributions are capped at $100,000 per store per year. Technology Fee is estimated at $925–$1,200 per month based on store build-out. Point of Sale equipment must be leased from the franchisor at an estimated $265–$340 per month. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 735 +- franchised_outlets: 502 +- company_outlets: 233 +- states_count: 40 +- closure_rate_pct: 1.2 +- closures: 16 +- closures_not_itemized: 0 +- reacquired: 4 +- franchised_outlet_years: 1288 +- closure_year_from: 2022 +- closure_year_to: 2024 +- closure_ranking_eligible: yes +- growth_pct: 11.4 +- growth_outlets_from: 660 +- growth_outlets_to: 735 +- growth_year_from: 2022 +- growth_year_to: 2024 +- growth_ranking_eligible: yes +- all_in_fee_pct: 6.5 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 2,496,071 +- basis: median, Average of All Stores (347 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Average Weekly Gross Sales | 1 Year | 37 | 32,566 | 32,467 | 18,428 | 62,080 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Weekly Gross Sales | 2 Years | 34 | 40,041 | 40,108 | 19,366 | 58,927 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Weekly Gross Sales | 3 Years | 33 | 45,513 | 44,649 | 22,212 | 85,058 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Weekly Gross Sales | 4+ Years | 243 | 56,489 | 53,979 | 24,625 | 132,180 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Weekly Gross Sales | Average of All Stores | 347 | 51,283 | 48,001 | 18,428 | 132,180 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Annual Gross Sales | 1 Year | 37 | 1,693,451 | 1,688,265 | 958,273 | 3,228,158 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Annual Gross Sales | 2 Years | 34 | 2,082,112 | 2,085,636 | 1,007,028 | 3,064,219 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Annual Gross Sales | 3 Years | 33 | 2,366,665 | 2,321,758 | 1,155,048 | 4,422,997 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Annual Gross Sales | 4+ Years | 243 | 2,937,419 | 2,806,907 | 1,280,489 | 6,873,341 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Annual Gross Sales | Average of All Stores | 347 | 2,666,693 | 2,496,071 | 958,273 | 6,873,341 | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Gross Margin % | 1 Year | 37 | 40.5 | 40.3 | 30.4 | 50.8 | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Gross Margin % | 2 Years | 34 | 40.5 | 40.2 | 31.5 | 50.3 | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Gross Margin % | 3 Years | 33 | 40.3 | 40.3 | 34.1 | 47.2 | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Gross Margin % | 4+ Years | 243 | 36.9 | 36.2 | 27.7 | 48.2 | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Gross Margin % | Average of All Stores | 347 | 38 | 37.4 | 27.7 | 50.8 | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent | 1 Year | 37 | 176,225 | 162,051 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent | 2 Years | 34 | 171,118 | 167,901 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent | 3 Years | 33 | 176,204 | 176,291 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent | 4+ Years | 243 | 186,747 | 177,411 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent | Average of All Stores | 347 | 183,091 | 172,823 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent % of Gross Sales | 1 Year | 37 | 10.4 | 11.2 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent % of Gross Sales | 2 Years | 34 | 8.2 | 8.3 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent % of Gross Sales | 3 Years | 33 | 7.4 | 7.5 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent % of Gross Sales | 4+ Years | 243 | 6.4 | 6.2 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent % of Gross Sales | Average of All Stores | 347 | 6.9 | 6.7 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense | 1 Year | 37 | 325,366 | 304,549 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense | 2 Years | 34 | 389,644 | 366,309 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense | 3 Years | 33 | 390,334 | 373,874 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense | 4+ Years | 243 | 390,411 | 357,738 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense | Average of All Stores | 347 | 383,393 | 352,920 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense Percent of Gross Sales | 1 Year | 37 | 19.2 | 20 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense Percent of Gross Sales | 2 Years | 34 | 18.7 | 17.8 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense Percent of Gross Sales | 3 Years | 33 | 16.5 | 16.4 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense Percent of Gross Sales | 4+ Years | 243 | 13.3 | 12.8 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense Percent of Gross Sales | Average of All Stores | 347 | 14.4 | 14.5 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2022 | 374 | 60 | 0 | 0 | 1 | 4 | not disclosed | 429 | +| 2023 | 429 | 60 | 0 | 0 | 0 | 4 | not disclosed | 485 | +| 2024 | 485 | 28 | 0 | 0 | 3 | 8 | not disclosed | 502 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 2 +- renewal_term_years: 5 +- renewal_fee: pay a renewal fee of $2,500 +- transfer_fee: you or the transferee pay a transfer fee of $5,000 +- cure_period_days: 15 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 5 +- dispute_resolution: mediation +- governing_law_state: MI +- fdd_page: 50 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 2,496,071 +- investment_midpoint_usd: 1,257,762 +- revenue_to_investment: 1.98 +- royalty_pct: 3 +- revenue_per_royalty_point_usd: 832,024 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 540,520 | 7 | 8 | 273,567.5 | lowest first | Pet Retail | +| fee_low | 49,900 | 5 | 8 | 47,450 | lowest first | Pet Retail | +| royalty | 3 | 1 | 8 | 5.25 | lowest first | Pet Retail | +| allin | 6.5 | 4 | 8 | 6.5 | lowest first | Pet Retail | +| outlets | 735 | 1 | 8 | 64.5 | highest first | Pet Retail | +| growth | 11.4 | 15 | 28 | 12.65 | highest first | Pet Services | +| closure | 1.2 | 8 | 27 | 2.8 | lowest first | Pet Services | + +## Similar alternatives (closest first) +1. Natural Hounds (same sub-category; investment from $347,026) +2. Petland (same sub-category; investment from $315,500) +3. Pet Evolution (same sub-category; investment from $800,550) +4. Wild Birds Unlimited (same sub-category; investment from $231,635) +5. Three Dog Bakery (same sub-category; investment from $181,087) +6. Pet Wants (same sub-category; investment from $148,150) +7. Salty Paws® (same sub-category; investment from $99,270) +8. Central Bark (same industry; investment from $522,474) +9. WNW (same industry; investment from $520,250) +10. Camp Run-A-Mutt (same industry; investment from $588,900) diff --git a/profiles/supercuts.md b/profiles/supercuts.md new file mode 100644 index 0000000000000000000000000000000000000000..6fd62d9fe46916ae41daa02651fce6c404d73b40 --- /dev/null +++ b/profiles/supercuts.md @@ -0,0 +1,96 @@ +# Supercuts + +- Brand slug: supercuts +- Legal name: Supercuts, Inc. +- Industry: Salon & Beauty +- FDD year: 2025 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/supercuts/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 39,500 +- initial_fee_high_usd: 39,500 +- royalty_pct: 6 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 5 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 185,930 +- total_investment_high_usd: 323,460 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Supercuts uses a Development Fee structure in lieu of a separate Initial Franchise Fee for new franchisees (those signing after September 29, 2011). The Development Fee serves as full payment for development and franchise rights: $39,500 for a Single Salon, $69,500 for 3-Salon Fast Start, $99,500 for 6-Salon Fast Start, plus $10,000 for each additional Salon beyond 6. There is no separate Initial Franchise Fee charged under the Franchise Agreement for these new franchisees. Existing franchisees who signed before September 30, 2011 pay lower Development Fees ($10,000–$12,500 per Salon) and $0 Initial Franchise Fee. During the last fiscal year, Development Fees ranged from $0 to $39,500, reflecting possible waivers or reductions in unique situations. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 1,801 +- franchised_outlets: 1,701 +- company_outlets: 100 +- states_count: 47 +- closure_rate_pct: 7.6 +- closures: 478 +- closures_not_itemized: 0 +- reacquired: 108 +- franchised_outlet_years: 6257 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -13.3 +- growth_outlets_from: 2,077 +- growth_outlets_to: 1,801 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 11 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 297,216 +- basis: median, TOTALS (1,661 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Average Gross Sales / Median Gross Sales / Max Gross Sales / Min Gross Sales | Top | 553 | 478,554 | 438,149 | 356,437 | 1,199,963 | Fiscal Year 2024-2025 (July 1, 2024 through June 30, 2025) | 66 | +| Average Gross Sales / Median Gross Sales / Max Gross Sales / Min Gross Sales | Mid | 554 | 300,051 | 297,217 | 250,731 | 356,384 | Fiscal Year 2024-2025 (July 1, 2024 through June 30, 2025) | 66 | +| Average Gross Sales / Median Gross Sales / Max Gross Sales / Min Gross Sales | Bottom | 554 | 188,594 | 195,944 | 35,691 | 250,421 | Fiscal Year 2024-2025 (July 1, 2024 through June 30, 2025) | 67 | +| Average Gross Sales / Median Gross Sales / Max Gross Sales / Min Gross Sales | TOTALS | 1,661 | 322,306 | 297,216 | 35,691 | 1,199,963 | Fiscal Year 2024-2025 (July 1, 2024 through June 30, 2025) | 67 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 2,252 | 14 | 0 | 0 | 0 | 196 | not disclosed | 2,070 | +| 2024 | 2,070 | 10 | 0 | 0 | 0 | 145 | not disclosed | 1,935 | +| 2025 | 1,935 | 11 | 0 | 0 | 108 | 137 | not disclosed | 1,701 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 297,216 +- investment_midpoint_usd: 254,695 +- revenue_to_investment: 1.17 +- royalty_pct: 6 +- revenue_per_royalty_point_usd: 49,536 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 185,930 | 10 | 17 | 184,794 | lowest first | Hair Salon | +| fee_low | 39,500 | 8 | 17 | 39,500 | lowest first | Hair Salon | +| royalty | 6 | 4 | 13 | 6 | lowest first | Hair Salon | +| allin | 11 | 12 | 13 | 8 | lowest first | Hair Salon | +| outlets | 1,801 | 2 | 17 | 48 | highest first | Hair Salon | +| growth | -13.3 | 8 | 11 | 0.3 | highest first | Hair Salon | +| closure | 7.6 | 8 | 11 | 5.8 | lowest first | Hair Salon | + +## Similar alternatives (closest first) +1. Lemon Tree (same sub-category; investment from $184,794) +2. SmartStyle (same sub-category; investment from $184,440) +3. Great Clips (same sub-category; investment from $187,800) +4. Sharkey's Cuts for Kids (same sub-category; investment from $189,415) +5. Cost Cutters (same sub-category; investment from $180,990) +6. Snip-its Salon (same sub-category; investment from $200,455) +7. Sit Still (same sub-category; investment from $157,984) +8. Primp and Blow (same sub-category; investment from $144,970) +9. Hair Cuttery (same sub-category; investment from $230,462) +10. Cookie Cutters (same sub-category; investment from $138,200) diff --git a/profiles/take-5-oil-change.md b/profiles/take-5-oil-change.md new file mode 100644 index 0000000000000000000000000000000000000000..c3bc2c8aca36d45723979bb5403421577ec48eac --- /dev/null +++ b/profiles/take-5-oil-change.md @@ -0,0 +1,145 @@ +# Take 5 Oil Change + +- Brand slug: take-5-oil-change +- Legal name: Take 5 Franchisor SPV LLC +- Industry: Automotive Services +- FDD year: 2025 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/take-5-oil-change/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 45,000 +- initial_fee_high_usd: 45,000 +- royalty_pct: 7 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 5 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 249 +- total_investment_low_usd: 912,248 +- total_investment_high_usd: 2,053,642 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +The initial franchise fee is $45,000, payable in lump sum at signing of the Franchise Agreement, and is non-refundable. During fiscal year 2024, franchisees paid an initial franchise fee ranging from $0 to $35,000. For Area Development Agreements, the development fee is 50% of the aggregate initial franchise fees for all Centers in the development schedule, applied toward each Center's franchise fee at signing. Incentive programs may waive or reduce the fee or modify payment timing. Additional required fees at signing include a $3,000 Software Installation Fee, a $20,000 Grand Opening Contribution, FF&E Package ($29,497–$39,388), and Opening Inventory ($23,000–$35,000). + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 1,142 +- franchised_outlets: 432 +- company_outlets: 710 +- states_count: 36 +- closure_rate_pct: 0.3 +- closures: 2 +- closures_not_itemized: 0 +- reacquired: 4 +- franchised_outlet_years: 686 +- closure_year_from: 2022 +- closure_year_to: 2024 +- closure_ranking_eligible: yes +- growth_pct: 41.5 +- growth_outlets_from: 807 +- growth_outlets_to: 1,142 +- growth_year_from: 2022 +- growth_year_to: 2024 +- growth_ranking_eligible: yes +- all_in_fee_pct: 12 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 1,271,529 +- basis: median, 223 franchised Take 5 Oil Change Centers open at least 2 full years as of December 28, 2024 (223 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Sales | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 1,384,790 | 1,327,808 | 190,365 | 3,474,051 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| COGS | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 386,993 | 375,891 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Gross Profit | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 997,797 | 951,917 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Payroll | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 277,251 | 265,871 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Marketing Fund | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 69,240 | 66,390 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Misc. Variable | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 88,195 | 80,629 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Total Variable Expenses | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 434,685 | 412,890 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Occupancy | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 95,193 | 97,119 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Insurance | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 8,783 | 8,783 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Total Fixed Expenses | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 103,976 | 105,901 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Royalty Fee | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 96,935 | 92,947 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| 4-Wall EBITDA | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 362,201 | 340,178 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Gross Sales | Bottom 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales | 149 | 931,354 | 949,290 | 190,365 | 1,327,689 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 83 | +| Gross Sales | Top 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales | 149 | 1,838,227 | 1,703,407 | 1,327,927 | 3,474,051 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 83 | +| 4-Wall EBITDA | Bottom 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales | 149 | 162,874 | not disclosed | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 83 | +| 4-Wall EBITDA | Top 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales | 149 | 561,527 | not disclosed | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 83 | +| Gross Sales - Year 1 | 293 franchised Take 5 Oil Change Centers - Year 1 (opened December 28, 2019 through December 30, 2023) | 293 | 901,665 | 865,488 | 255,888 | 2,076,227 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 87 | +| Gross Sales - Year 2 | 193 franchised Take 5 Oil Change Centers - Year 2 (opened December 28, 2019 through December 30, 2023) | 193 | 1,133,199 | 1,118,116 | 303,893 | 2,228,401 | Year 2 of operation (franchisees opened 2020-2023 fiscal years) | 87 | +| Gross Sales - Year 3 | 102 franchised Take 5 Oil Change Centers - Year 3 (opened December 28, 2019 through December 30, 2023) | 102 | 1,333,101 | 1,275,933 | 377,130 | 2,829,308 | Year 3 of operation (franchisees opened 2020-2023 fiscal years) | 87 | +| CPD (Cars Per Day) - Year 1 | 293 franchised Take 5 Oil Change Centers - Year 1 (opened December 28, 2019 through December 30, 2023) | 293 | 28 | 27 | 10 | 74 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 87 | +| CPD (Cars Per Day) - Year 2 | 193 franchised Take 5 Oil Change Centers - Year 2 (opened December 28, 2019 through December 30, 2023) | 193 | 33 | 31 | 10 | 81 | Year 2 of operation (franchisees opened 2020-2023 fiscal years) | 87 | +| CPD (Cars Per Day) - Year 3 | 102 franchised Take 5 Oil Change Centers - Year 3 (opened December 28, 2019 through December 30, 2023) | 102 | 36 | 34 | 10 | 79 | Year 3 of operation (franchisees opened 2020-2023 fiscal years) | 87 | +| Gross Sales - Year 1 by Population Group: Less than 20,000 | Year 1 franchised centers in Population Group: Less than 20,000 residents within 3-mile radius | 29 | 841,722 | 800,282 | 411,353 | 1,770,189 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: 20,001 - 30,000 | Year 1 franchised centers in Population Group: 20,001 - 30,000 residents within 3-mile radius | 42 | 891,697 | 861,505 | 355,776 | 1,651,717 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: 30,001 - 40,000 | Year 1 franchised centers in Population Group: 30,001 - 40,000 residents within 3-mile radius | 51 | 882,652 | 837,354 | 523,952 | 1,728,853 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: 40,001 - 50,000 | Year 1 franchised centers in Population Group: 40,001 - 50,000 residents within 3-mile radius | 43 | 951,486 | 899,458 | 326,860 | 2,076,227 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: 50,001 - 60,000 | Year 1 franchised centers in Population Group: 50,001 - 60,000 residents within 3-mile radius | 24 | 1,033,055 | 979,989 | 519,113 | 1,698,963 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: 60,001 - 70,000 | Year 1 franchised centers in Population Group: 60,001 - 70,000 residents within 3-mile radius | 31 | 821,309 | 739,039 | 435,871 | 1,809,743 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: 70,001 - 100,000 | Year 1 franchised centers in Population Group: 70,001 - 100,000 residents within 3-mile radius | 43 | 906,413 | 914,268 | 255,888 | 1,525,368 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: Greater than 100,000 | Year 1 franchised centers in Population Group: Greater than 100,000 residents within 3-mile radius | 30 | 905,598 | 935,032 | 490,334 | 1,474,776 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Open More Than 1 Year (2024 Fiscal Year) | 323 franchised Take 5 Oil Change Centers open at least one full year as of December 28, 2024 | 323 | 1,235,518 | 1,137,962 | 409,268 | 3,637,350 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 90 | +| Gross Sales - Open More Than 2 Years (2024 Fiscal Year) | 223 franchised Take 5 Oil Change Centers open at least 2 full years as of December 28, 2024 | 223 | 1,337,871 | 1,271,529 | 409,268 | 3,637,350 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 90 | +| CPD (Cars Per Day) - Open More Than 1 Year (2024 Fiscal Year) | 323 franchised Take 5 Oil Change Centers open at least one full year as of December 28, 2024 | 323 | 32 | 30 | 10 | 113 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 90 | +| CPD (Cars Per Day) - Open More Than 2 Years (2024 Fiscal Year) | 223 franchised Take 5 Oil Change Centers open at least 2 full years as of December 28, 2024 | 223 | 35 | 32 | 10 | 113 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 90 | +| Pre-Acquisition Gross Sales | 32 M&A Centers (affiliate-owned, acquired from existing quick lube businesses, converted to Take 5) - Pre-Acquisition | 32 | 907,496 | 861,068 | 414,604 | 1,403,755 | 12-month period prior to acquisition by affiliate | 91 | +| Year 1 Gross Sales (M&A Centers) | 32 M&A Centers (affiliate-owned) - Year 1 as Take 5 Oil Change Centers | 32 | 1,167,959 | 1,107,852 | 656,596 | 2,370,545 | Year 1 of operation as Take 5 Oil Change Center (acquired December 28, 2019 through December 30, 2023) | 91 | +| Year 2 Gross Sales (M&A Centers) | 23 M&A Centers (affiliate-owned) - Year 2 as Take 5 Oil Change Centers | 23 | 1,345,075 | 1,300,631 | 604,845 | 2,580,675 | Year 2 of operation as Take 5 Oil Change Center (acquired December 28, 2019 through December 30, 2023) | 91 | +| Year 3 Gross Sales (M&A Centers) | 11 M&A Centers (affiliate-owned) - Year 3 as Take 5 Oil Change Centers | 11 | 1,399,988 | 1,295,899 | 598,837 | 2,204,621 | Year 3 of operation as Take 5 Oil Change Center (acquired December 28, 2019 through December 30, 2023) | 91 | +| Gross Profit | Bottom 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales | 149 | 664,394 | not disclosed | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 83 | +| Gross Profit | Top 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales | 149 | 1,331,201 | not disclosed | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 83 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2022 | 134 | 94 | 0 | 0 | 1 | 0 | not disclosed | 227 | +| 2023 | 227 | 100 | 1 | 0 | 1 | 0 | not disclosed | 325 | +| 2024 | 325 | 110 | 1 | 0 | 2 | 0 | not disclosed | 432 | + +## Agreement terms (Item 17) +- term_years: 15 +- renewal_count: 1 +- renewal_term_years: 15 +- renewal_fee: Pay successor franchise fee equal to 50% of our then current initial franchise fee; sign then current form of franchise agreement and other agreements (which may be materially different). +- transfer_fee: You or transferee pay training and transfer fee equal to 50% of our then current initial franchise fee; if we obtain a purchaser, you must pay us 10% of the purchase price. +- cure_period_days: 30 +- noncompete_post_term_years: 3 +- noncompete_post_term_radius_miles: 5 +- dispute_resolution: litigation +- governing_law_state: NC +- fdd_page: 72 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 1,271,529 +- investment_midpoint_usd: 1,482,945 +- revenue_to_investment: 0.86 +- royalty_pct: 7 +- revenue_per_royalty_point_usd: 181,647 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 912,248 | 9 | 9 | 235,000 | lowest first | Oil Change & Quick Lube | +| fee_low | 45,000 | 8 | 9 | 30,000 | lowest first | Oil Change & Quick Lube | +| royalty | 7 | 8 | 9 | 6 | lowest first | Oil Change & Quick Lube | +| allin | 12 | 9 | 9 | 8 | lowest first | Oil Change & Quick Lube | +| outlets | 1,142 | 3 | 9 | 78 | highest first | Oil Change & Quick Lube | +| growth | 41.5 | 3 | 46 | -0.35 | highest first | Automotive Services | +| closure | 0.3 | 5 | 46 | 4.25 | lowest first | Automotive Services | + +## Similar alternatives (closest first) +1. Grease Monkey (same sub-category; investment from $708,057) +2. SpeeDee Oil Change & Auto Service (same sub-category; investment from $708,057) +3. Jiffy Lube (same sub-category; investment from $236,000) +4. Victory Lane (same sub-category; investment from $235,000) +5. Valvoline Instant Oil Change (same sub-category; investment from $192,375) +6. Econo Lube N' Tune & Brakes (same sub-category; investment from $184,377) +7. Costa Oil (same sub-category; investment from $131,750) +8. All Tune and Lube® (same sub-category; investment from $103,800) +9. Hertz (same industry; investment from $879,300) +10. RNR Tire Express (same industry; investment from $718,561) diff --git a/profiles/the-joint.md b/profiles/the-joint.md new file mode 100644 index 0000000000000000000000000000000000000000..231b90c9cc69a22172ddfcc845043a57e06aa920 --- /dev/null +++ b/profiles/the-joint.md @@ -0,0 +1,143 @@ +# The Joint + +- Brand slug: the-joint +- Legal name: The Joint Corp +- Industry: Health & Medical +- FDD year: 2025 (NASAA EFD) +- Source: https://www.nasaaefd.org/Franchise/Search +- FranchiseDepth page: https://franchisedepth.com/franchise/the-joint/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 39,900 +- initial_fee_high_usd: 39,900 +- royalty_pct: 7 +- royalty_min_monthly_usd: 700 +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 599 +- total_investment_low_usd: 245,250 +- total_investment_high_usd: 543,000 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard $39,900. 2025 Sales Incentive: Franchise Agreements signed in 2025 (through December 31, 2025) received an additional 50% discount off the initial franchise fee ($19,950 instead of $39,900). Veterans $6K discount ($33,900). Multi-clinic $10K discount per additional unit ($29,900). DC Path to Ownership $19,900 discount ($20,000). Non-combinable except 2025 Incentive. Local Advertising Commitment: the franchisee must spend the greater of 5% of Gross Sales or $3,000 per month on local advertising, paid to third parties and in addition to the Brand Fund Fee; compliance is measured on a rolling 6-month basis, and a shortfall may be charged at 10% of the deficiency, paid into the Brand Fund. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 970 +- franchised_outlets: 845 +- company_outlets: 125 +- states_count: 41 +- closure_rate_pct: 1.6 +- closures: 33 +- closures_not_itemized: 0 +- reacquired: 19 +- franchised_outlet_years: 2122 +- closure_year_from: 2022 +- closure_year_to: 2024 +- closure_ranking_eligible: yes +- growth_pct: 15.8 +- growth_outlets_from: 838 +- growth_outlets_to: 970 +- growth_year_from: 2022 +- growth_year_to: 2024 +- growth_ranking_eligible: yes +- all_in_fee_pct: 9 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 527,787 +- basis: median, All 785 Franchised Clinics (785 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Sales | Quartile 1 (Top 25%) | 196 | 913,466 | 859,413 | 709,832 | 1,941,371 | Calendar Year 2024 | 54 | +| Gross Sales | Quartile 2 | 196 | 606,178 | 598,158 | 528,193 | 707,745 | Calendar Year 2024 | 54 | +| Gross Sales | Quartile 3 | 196 | 456,472 | 458,545 | 386,649 | 527,787 | Calendar Year 2024 | 54 | +| Gross Sales | Quartile 4 (Bottom 25%) | 197 | 303,525 | 314,895 | 122,807 | 386,417 | Calendar Year 2024 | 54 | +| Gross Sales | All 785 Franchised Clinics | 785 | 569,571 | 527,787 | 122,807 | 1,941,371 | Calendar Year 2024 | 54 | +| Net Profit | All Qualifying Outlets (406 Franchised) | 406 | 105,050 | 91,488 | -154,839 | 721,629 | Calendar Year 2024 | 54 | +| Net Profit | $1M+ Gross Sales (26 Clinics) | 26 | 354,878 | 359,774 | 161,790 | 721,629 | Calendar Year 2024 | 55 | +| Net Profit | Quartile 1 | 102 | 248,208 | 233,132 | 13,828 | 721,629 | Calendar Year 2024 | 55 | +| Net Profit | Quartile 2 | 101 | 128,663 | 123,390 | -51,377 | 268,186 | Calendar Year 2024 | 55 | +| Net Profit | Quartile 3 | 101 | 62,556 | 59,820 | -108,150 | 200,453 | Calendar Year 2024 | 56 | +| Net Profit | Quartile 4 | 102 | -19,413 | -15,383 | -154,839 | 75,866 | Calendar Year 2024 | 56 | +| Weekly Patient Visits (Total) | Quartile 1 | 196 | 489 | 467 | 380 | 845 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (Total) | Quartile 2 | 196 | 324 | 320 | 280 | 380 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (Total) | Quartile 3 | 196 | 241 | 243 | 203 | 279 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (Total) | Quartile 4 | 197 | 162 | 167 | 64 | 202 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (Total) | All 785 Clinics | 785 | 304 | 279 | 64 | 845 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (New Patients) | Quartile 1 | 196 | 31 | 28 | 23 | 78 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (New Patients) | Quartile 2 | 196 | 20 | 20 | 18 | 23 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (New Patients) | Quartile 3 | 196 | 16 | 15 | 13 | 18 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (New Patients) | Quartile 4 | 197 | 11 | 11 | 4 | 13 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (New Patients) | All 785 Clinics | 785 | 19 | 18 | 4 | 78 | Calendar Year 2024 | 57 | +| Active Members (Monthly) | Quartile 1 | 196 | 980 | 901 | 743 | 2,864 | Calendar Year 2024 | 57 | +| Active Members (Monthly) | Quartile 2 | 196 | 642 | 638 | 545 | 742 | Calendar Year 2024 | 57 | +| Active Members (Monthly) | Quartile 3 | 196 | 463 | 465 | 381 | 545 | Calendar Year 2024 | 57 | +| Active Members (Monthly) | Quartile 4 | 197 | 295 | 312 | 146 | 381 | Calendar Year 2024 | 57 | +| Active Members (Monthly) | All 785 Clinics | 785 | 595 | 545 | 146 | 2,864 | Calendar Year 2024 | 57 | +| Gross Sales Ramp Up | Month 1 (57 new clinics 2024) | 57 | 8,217 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 2 (55 clinics) | 55 | 16,240 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 3 (51 clinics) | 51 | 20,995 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 4 (46 clinics) | 46 | 23,313 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 5 (43 clinics) | 43 | 24,720 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 6 (40 clinics) | 40 | 25,982 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 7 (32 clinics) | 32 | 27,282 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 8 (28 clinics) | 28 | 27,339 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 9 (24 clinics) | 24 | 29,446 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 10 (23 clinics) | 23 | 30,379 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 11 (15 clinics) | 15 | 29,939 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 12 (8 clinics) | 8 | 32,029 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2022 | 610 | 123 | 0 | 0 | 16 | 5 | 46 | 712 | +| 2023 | 712 | 104 | 0 | 1 | 3 | 12 | 24 | 800 | +| 2024 | 800 | 60 | 0 | 0 | 0 | 15 | 41 | 845 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 1 +- renewal_term_years: 10 +- renewal_fee: You must: not be in default; give us timely notice; sign then-current form of franchise agreement and related documents; sign general release (subject to state law); pay renewal fee; pay clinic design fee and remodel Clinic in accordance with new Clinic Design; upgrade furniture, fixtures and equipment to current standards; and extend lease for duration of renewal term. +- transfer_fee: You must: be in compliance with Franchise Agreement; assign lease (if applicable); pay transfer fee; subordinate transferee's ongoing payments owed to you (if any) to transferee's financial obligations owed to us; and sign general release (subject to state law). +- cure_period_days: 30 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 10 +- dispute_resolution: mediation +- governing_law_state: AZ +- fdd_page: 46 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 527,787 +- investment_midpoint_usd: 394,125 +- revenue_to_investment: 1.34 +- royalty_pct: 7 +- revenue_per_royalty_point_usd: 75,398 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 245,250 | 6 | 8 | 159,300 | lowest first | Chiropractic | +| fee_low | 39,900 | 4 | 8 | 39,950 | lowest first | Chiropractic | +| royalty | 7 | 31 | 72 | 7 | lowest first | Health & Medical | +| allin | 9 | 39 | 72 | 8 | lowest first | Health & Medical | +| outlets | 970 | 1 | 8 | 71 | highest first | Chiropractic | +| growth | 15.8 | 16 | 35 | 11.4 | highest first | Health & Medical | +| closure | 1.6 | 7 | 33 | 5.6 | lowest first | Health & Medical | + +## Similar alternatives (closest first) +1. Maxliving (same sub-category; investment from $167,600) +2. Pure Health Chiropractic (same sub-category; investment from $151,000) +3. 100% Chiropractic (same sub-category; investment from $339,742) +4. ChiroWay (same sub-category; investment from $113,350) +5. Federal Injury Centers (same sub-category; investment from $94,300) +6. The Wellness Way (same sub-category; investment from $75,400) +7. HealthSource Chiropractic (same sub-category; investment from $435,932) +8. Hydrate IV Bar (same industry; investment from $242,050) +9. Positive Reset (same industry; investment from $240,550) +10. QC Kinetix® (same industry; investment from $250,100) diff --git a/profiles/tuffy.md b/profiles/tuffy.md new file mode 100644 index 0000000000000000000000000000000000000000..2dd781ae6ba43004b240cd5e3de9a992249baa49 --- /dev/null +++ b/profiles/tuffy.md @@ -0,0 +1,111 @@ +# Tuffy + +- Brand slug: tuffy +- Legal name: Gimex Properties Corp., Inc +- Industry: Automotive Services +- FDD year: 2025 (WI) +- Source: https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=639366&hash=271312205&search=external&type=GENERAL +- FranchiseDepth page: https://franchisedepth.com/franchise/tuffy/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 30,000 +- initial_fee_high_usd: 30,000 +- royalty_pct: 5 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 5 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 222,000 +- total_investment_high_usd: 723,500 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +$30,000 standard fee; reduced fees for additional units ($25k/2nd, $20k/3rd, $15k/4th, $10k/5th+); area developers pay $5,000 per franchise opened; initial advertising fee $3,000-$15,000 additional + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 129 +- franchised_outlets: 101 +- company_outlets: 28 +- states_count: 14 +- closure_rate_pct: 2 +- closures: 7 +- closures_not_itemized: 0 +- reacquired: 53 +- franchised_outlet_years: 348 +- closure_year_from: 2022 +- closure_year_to: 2024 +- closure_ranking_eligible: yes +- growth_pct: -20.9 +- growth_outlets_from: 163 +- growth_outlets_to: 129 +- growth_year_from: 2022 +- growth_year_to: 2024 +- growth_ranking_eligible: yes +- all_in_fee_pct: 10 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 1,343,137 +- basis: median, 59 franchised Tuffy Auto Service Centers in operation at least two full calendar years (as of December 31, 2024) with at least four bays (59 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Sales-2024 | 59 franchised Tuffy Auto Service Centers in operation at least two full calendar years (as of December 31, 2024) with at least four bays | 59 | 1,416,325 | 1,343,137 | 468,196 | 4,916,047 | Calendar Year 2024 | 45 | +| Annual Car Count-2024 | 59 franchised Tuffy Auto Service Centers in operation at least two full calendar years (as of December 31, 2024) with at least four bays | 59 | 3,283 | 2,979 | 789 | 13,719 | Calendar Year 2024 | 45 | +| Average Repair Ticket Amount-2024 | 59 franchised Tuffy Auto Service Centers in operation at least two full calendar years (as of December 31, 2024) with at least four bays | 59 | 466 | 432 | 235 | 1,284 | Calendar Year 2024 | 45 | +| Cost of Goods Sold as a Percentage of Sales-2023 | 59 franchised Tuffy centers that reported cost of goods sold | 59 | 35.34 | 30 | 21.02 | 75.06 | 2023 per table row labels (Item 19 narrative says calendar year 2024) | 45 | +| Labor as a Percentage of Sales-2023 | 57 franchised Tuffy centers that reported labor cost | 57 | 24.06 | 25.1 | 0 | 70.24 | 2023 per table row labels (Item 19 narrative says calendar year 2024) | 45 | +| Rent as a Percentage of Sales-2023 | 51 franchised Tuffy centers that reported rent | 51 | 7.25 | 6.39 | 0 | 19.81 | 2023 per table row labels (Item 19 narrative says calendar year 2024) | 45 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2022 | 145 | 4 | 4 | 1 | 41 | 0 | not disclosed | 103 | +| 2023 | 103 | 9 | 1 | 0 | 11 | 0 | not disclosed | 100 | +| 2024 | 100 | 3 | 1 | 0 | 1 | 0 | not disclosed | 101 | + +## Agreement terms (Item 17) +- term_years: 15 +- renewal_count: 3 +- renewal_term_years: 5 +- renewal_fee: The Franchise Agreement automatically renews unless you elect not to renew or we do not consent to renewal. As conditions to renewal, we may require that you release us from claims, execute our standard form of License Agreement in use at the time of renewal and renovate your franchise location… +- transfer_fee: Transfer fee paid (amount not specified in Item 17 table) +- cure_period_days: 10 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 5 +- dispute_resolution: mediation +- governing_law_state: OH +- fdd_page: 38 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 1,343,137 +- investment_midpoint_usd: 472,750 +- revenue_to_investment: 2.84 +- royalty_pct: 5 +- revenue_per_royalty_point_usd: 268,627 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 222,000 | 13 | 22 | 203,500 | lowest first | Repair & Maintenance | +| fee_low | 30,000 | 10 | 23 | 30,000 | lowest first | Repair & Maintenance | +| royalty | 5 | 1 | 16 | 6.45 | lowest first | Repair & Maintenance | +| allin | 10 | 11 | 16 | 8 | lowest first | Repair & Maintenance | +| outlets | 129 | 9 | 23 | 62 | highest first | Repair & Maintenance | +| growth | -20.9 | 14 | 14 | -2.25 | highest first | Repair & Maintenance | +| closure | 2 | 5 | 14 | 3.4000000000000004 | lowest first | Repair & Maintenance | + +## Similar alternatives (closest first) +1. Meineke (same sub-category; investment from $224,898) +2. Car Doctor Plus (same sub-category; investment from $218,000) +3. AAMCO (same sub-category; investment from $236,800) +4. Michelin Commercial Service Network (same sub-category; investment from $189,000) +5. Honest1 (same sub-category; investment from $255,750) +6. Precision Tune Auto Care (same sub-category; investment from $181,601) +7. Merlin (same sub-category; investment from $264,745) +8. Mr. Transmission / Milex Complete Auto Care (same sub-category; investment from $267,500) +9. Summit Auto Calibration (same sub-category; investment from $160,550) +10. Bosch Auto Service (same sub-category; investment from $146,600) diff --git a/profiles/ubreakifix-by-asurion.md b/profiles/ubreakifix-by-asurion.md new file mode 100644 index 0000000000000000000000000000000000000000..bb7d593066f115131e5a0352078eeb4170e26bd8 --- /dev/null +++ b/profiles/ubreakifix-by-asurion.md @@ -0,0 +1,111 @@ +# uBreakiFix by Asurion + +- Brand slug: ubreakifix-by-asurion +- Legal name: UBIF Franchising Co +- Industry: Tech Services +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/ubreakifix-by-asurion/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 25,000 +- initial_fee_high_usd: 40,000 +- royalty_pct: 7 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 0 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 171,350 +- total_investment_high_usd: 468,150 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +First Franchise Agreement requires a $40,000 Initial Franchise Fee plus a $12,500 Initial Training Fee (both non-refundable). Second or subsequent Franchise Agreements carry a reduced Initial Franchise Fee of $25,000, with the Initial Training Fee potentially waived. The Initial Franchise Fee and/or Initial Training Fee may be waived for affiliate-executed agreements, conversions from independent repair stores, or purchases of existing affiliate-owned stores. Under an Area Development Agreement, the first store's Initial Franchise Fee is $40,000 and subsequent stores are $25,000 (with a $12,500-per-store Development Fee credited against subsequent fees). Low set to $25,000 (subsequent/reduced fee) and high set to $40,000 (first store standard fee), excluding the Initial Training Fee of $12,500 which is a separate required fee. Continuing Royalty is 7% of Non-Recommerce Revenue and 4% of Recommerce Revenue (Gross Sales from pre-owned mobile and other electronic devices), paid monthly. Technology and Customer Support Fee is 1% of Gross Sales, paid monthly with the royalty. Advertising Fee is up to 2% of Gross Sales once an Advertising Fund is established; as of December 31, 2025, franchisees were not required to contribute. A National Account Administrative Fee of up to 5% of Gross Sales from National Account services may be charged in addition to the royalty. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 677 +- franchised_outlets: 549 +- company_outlets: 128 +- states_count: 44 +- closure_rate_pct: 4.3 +- closures: 66 +- closures_not_itemized: 0 +- reacquired: 1 +- franchised_outlet_years: 1551 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -6.1 +- growth_outlets_from: 721 +- growth_outlets_to: 677 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 7 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 593,881.02 +- basis: median, Stores that were Open 3+ years (as of 12/31/2025) (425 Stores) (425 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| 2025 Total Revenue | Stores that were Open 3+ years (as of 12/31/2025) (425 Stores) | 425 | 612,328.07 | 593,881.02 | 214,930.7 | 1,625,206.22 | 2025 calendar year | 56 | +| Cost of Goods Sold (COGS) | Stores that were Open 3+ years (as of 12/31/2025) (425 Stores) | 425 | 233,021.67 | 226,545.51 | 91,510.28 | 612,146.54 | 2025 calendar year | 56 | +| Gross Profit | Stores that were Open 3+ years (as of 12/31/2025) (425 Stores) | 425 | 379,306.4 | 365,561.6 | 123,420.42 | 1,013,059.68 | 2025 calendar year | 56 | +| 2025 Total Revenue | Stores that were Open 1-3 years (as of 12/31/2025) (95 Stores) | 95 | 545,898.37 | 511,161.69 | 221,754.7 | 1,061,801.97 | 2025 calendar year | 56 | +| Cost of Goods Sold (COGS) | Stores that were Open 1-3 years (as of 12/31/2025) (95 Stores) | 95 | 219,971.92 | 197,057.96 | 82,451.89 | 423,088.34 | 2025 calendar year | 56 | +| Gross Profit | Stores that were Open 1-3 years (as of 12/31/2025) (95 Stores) | 95 | 325,926.45 | 308,976.22 | 139,302.82 | 638,713.63 | 2025 calendar year | 56 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 443 | 136 | 18 | 0 | 1 | 3 | not disclosed | 557 | +| 2024 | 557 | 15 | 2 | 1 | 0 | 18 | not disclosed | 551 | +| 2025 | 551 | 22 | 13 | 0 | 0 | 11 | not disclosed | 549 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 2 +- renewal_term_years: 10 +- renewal_fee: pay a renewal fee of $10,000 +- transfer_fee: pay all sums owed, including a transfer fee; sign releases and disclose all material information we request. The transferee must qualify; assume the Franchise Agreement or sign a new Franchise Agreement; complete training and pay our training fee; repair and refurbish the Store and each Mobile Unit assignee. +- cure_period_days: 10 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 20 +- dispute_resolution: arbitration +- governing_law_state: FL +- fdd_page: 49 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 593,881 +- investment_midpoint_usd: 319,750 +- revenue_to_investment: 1.86 +- royalty_pct: 7 +- revenue_per_royalty_point_usd: 84,840 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 171,350 | 8 | 8 | 91,000 | lowest first | Device Repair | +| fee_low | 25,000 | 3 | 8 | 25,000 | lowest first | Device Repair | +| royalty | 7 | 13 | 29 | 7 | lowest first | Tech Services | +| allin | 7 | 5 | 29 | 9 | lowest first | Tech Services | +| outlets | 677 | 1 | 8 | 52 | highest first | Device Repair | +| growth | -6.1 | 15 | 20 | 7.7 | highest first | Tech Services | +| closure | 4.3 | 9 | 19 | 6.3 | lowest first | Tech Services | + +## Similar alternatives (closest first) +1. Techy (same sub-category; investment from $118,600) +2. NerdsToGo (same sub-category; investment from $115,119) +3. SD Tech (same sub-category; investment from $91,650) +4. CPR (same sub-category; investment from $90,350) +5. Mr Fix (same sub-category; investment from $79,742) +6. iFixandRepair (same sub-category; investment from $78,200) +7. UltraFix (same sub-category; investment from $70,000) +8. Intelligent Assistant (same industry; investment from $168,000) +9. Shrunk 3D (same industry; investment from $187,485) +10. Holt Computer Training (same industry; investment from $151,800) diff --git a/profiles/vio-med-spa.md b/profiles/vio-med-spa.md new file mode 100644 index 0000000000000000000000000000000000000000..a5df30e61488295a75b0ea9a683b835919909ac5 --- /dev/null +++ b/profiles/vio-med-spa.md @@ -0,0 +1,137 @@ +# VIO Med Spa + +- Brand slug: vio-med-spa +- Legal name: VIO Franchise Group, LLC +- Industry: Health & Medical +- FDD year: 2026 (NASAA EFD) +- Source: https://www.nasaaefd.org/Franchise/Search +- FranchiseDepth page: https://franchisedepth.com/franchise/vio-med-spa/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 50,000 +- initial_fee_high_usd: 50,000 +- royalty_pct: 6 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 1.5 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 200 +- total_investment_low_usd: 642,722 +- total_investment_high_usd: 1,109,954 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Single-unit Franchise Agreement: $50,000 non-refundable. Multi-Unit Development Agreement adds $40,000 for second location, $33,000 for each additional (3-10 total). Local marketing spend must be at least 6% of monthly Gross Sales in months 1 through 24. After month 24 the minimum is 4% of Gross Sales in a calendar year that follows a year in which the Minimum Gross Sales Requirements were met ($750,000 in year 1, $1,000,000 in year 2, $1,250,000 in year 3 and each later year). The minimum is 2.5% of Gross Sales after a year with $3,000,000 in Gross Sales, and 1.5% after a year with $4,000,000. The minimum stays at 6% of Gross Sales in a year that follows a missed Minimum Gross Sales Requirement. A local marketing shortfall may have to be contributed to the Brand Development Fund. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 64 +- franchised_outlets: 62 +- company_outlets: 2 +- states_count: 20 +- closure_rate_pct: 3.1 +- closures: 3 +- closures_not_itemized: 0 +- reacquired: 1 +- franchised_outlet_years: 97 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 88.2 +- growth_outlets_from: 34 +- growth_outlets_to: 64 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 7.5 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 1,125,341 +- basis: median, All Operational Franchise Outlets (51 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Total Spa Gross Sales | Company Owned Outlet 1 | 1 | 4,281,567 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| Gross Profit | Company Owned Outlet 1 | 1 | 2,496,275 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| EBITDA | Company Owned Outlet 1 | 1 | 1,092,144 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| Adjusted EBITDA | Company Owned Outlet 1 | 1 | 771,026 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| Total Spa Gross Sales | Company Owned Outlet 2 | 1 | 2,808,847 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| Gross Profit | Company Owned Outlet 2 | 1 | 1,677,051 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| EBITDA | Company Owned Outlet 2 | 1 | 625,734 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| Adjusted EBITDA | Company Owned Outlet 2 | 1 | 415,070 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| Gross Sales | All Operational Franchise Outlets | 51 | 1,254,631 | 1,125,341 | 236,722 | 5,931,838 | 2025 calendar year | not disclosed | +| Gross Sales | Operational Franchise Outlets Operating for Two or More Calendar Years | 31 | 1,378,225 | 1,192,826 | 237,579 | 5,931,838 | 2025 calendar year | not disclosed | +| Gross Sales | Operational Franchise Outlets Operating for Three or More Calendar Years | 13 | 1,678,301 | 1,236,572 | 245,100 | 5,931,838 | 2025 calendar year | not disclosed | +| Gross Sales | Operational Franchise Outlets Operating for Four or More Calendar Years | 7 | 2,318,926 | 1,473,799 | 1,192,826 | 5,931,838 | 2025 calendar year | not disclosed | +| Gross Sales | All Operational Franchise Outlets: 1st Quartile (13 of 51 outlets) | 13 | 2,320,621 | 2,063,997 | 1,473,799 | 5,931,838 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets: 2nd Quartile (13 of 51 outlets) | 13 | 1,250,076 | 1,236,572 | 1,125,341 | 1,395,321 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets: 3rd Quartile (13 of 51 outlets) | 13 | 914,836 | 899,446 | 754,211 | 1,067,852 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets: 4th Quartile (12 of 51 outlets) | 12 | 472,854 | 466,525 | 236,722 | 699,636 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets Operating for Two or More Calendar Years: 1st Quartile (8 of 31 outlets) | 8 | 2,661,146 | 2,273,582 | 1,525,964 | 5,931,838 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets Operating for Two or More Calendar Years: 2nd Quartile (8 of 31 outlets) | 8 | 1,316,262 | 1,274,507 | 1,192,826 | 1,480,497 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets Operating for Two or More Calendar Years: 3rd Quartile (8 of 31 outlets) | 8 | 937,048 | 967,000 | 699,636 | 1,125,341 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets Operating for Two or More Calendar Years: 4th Quartile (7 of 31 outlets) | 7 | 487,045 | 519,442 | 237,579 | 673,939 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets Operating for Three or More Calendar Years: 1st Quartile (3 of 13 outlets) | 3 | 4,002,970 | 3,583,914 | 2,493,158 | 5,931,838 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Three or More Calendar Years: 2nd Quartile (3 of 13 outlets) | 3 | 1,429,111 | 1,473,799 | 1,280,449 | 1,533,086 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Three or More Calendar Years: 3rd Quartile (3 of 13 outlets) | 3 | 1,127,851 | 1,192,826 | 954,154 | 1,236,572 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Three or More Calendar Years: 4th Quartile (4 of 13 outlets) | 4 | 534,529 | 596,690 | 245,100 | 699,636 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Four or More Calendar Years: 1st Quartile (2 of 7 outlets) | 2 | 4,757,876 | 4,757,876 | 3,583,914 | 5,931,838 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Four or More Calendar Years: 2nd Quartile (2 of 7 outlets) | 2 | 1,503,443 | 1,503,443 | 1,473,799 | 1,533,086 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Four or More Calendar Years: 3rd Quartile (2 of 7 outlets) | 2 | 1,258,510 | 1,258,510 | 1,236,572 | 1,280,449 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Four or More Calendar Years: 4th Quartile (1 of 7 outlets) | 1 | 1,192,826 | 1,192,826 | 1,192,826 | 1,192,826 | 2025 calendar year | 70 | +| Payroll and Labor | Company Owned Outlet 1 | 1 | 22 | not disclosed | not disclosed | not disclosed | 2025 calendar year | 66 | +| Rent | Company Owned Outlet 1 | 1 | 1.8 | not disclosed | not disclosed | not disclosed | 2025 calendar year | 66 | +| Payroll and Labor | Company Owned Outlet 2 | 1 | 22.7 | not disclosed | not disclosed | not disclosed | 2025 calendar year | 67 | +| Rent | Company Owned Outlet 2 | 1 | 2 | not disclosed | not disclosed | not disclosed | 2025 calendar year | 67 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 15 | 14 | 0 | 0 | 0 | 0 | not disclosed | 29 | +| 2024 | 29 | 25 | 0 | 0 | 1 | 0 | not disclosed | 53 | +| 2025 | 53 | 12 | 1 | 0 | 0 | 2 | not disclosed | 62 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 1 +- renewal_term_years: 10 +- renewal_fee: pay a renewal fee, remodel and upgrade you're the facility of your Spa Location Franchise to meet our standards and specifications, secure and possess the legal right to continue to occupy the premises of your Spa Location, and meet all other renewal requirements contained in the Franchise Agreement. +- transfer_fee: you pay the transfer fee +- cure_period_days: 30 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 25 +- dispute_resolution: arbitration +- governing_law_state: OH +- fdd_page: 53 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 1,125,341 +- investment_midpoint_usd: 876,338 +- revenue_to_investment: 1.28 +- royalty_pct: 6 +- revenue_per_royalty_point_usd: 187,557 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 642,722 | 71 | 80 | 192,237.5 | lowest first | Health & Medical | +| fee_low | 50,000 | 48 | 73 | 40,000 | lowest first | Health & Medical | +| royalty | 6 | 15 | 72 | 7 | lowest first | Health & Medical | +| allin | 7.5 | 22 | 72 | 8 | lowest first | Health & Medical | +| outlets | 64 | 30 | 76 | 30 | highest first | Health & Medical | +| growth | 88.2 | 3 | 35 | 11.4 | highest first | Health & Medical | +| closure | 3.1 | 11 | 33 | 5.6 | lowest first | Health & Medical | + +## Similar alternatives (closest first) +1. PÜR Life® Medical (same sub-category; investment from $649,949) +2. Serotonin (same sub-category; investment from $665,634) +3. Restore Hyper Wellness (same sub-category; investment from $762,448) +4. The Tox (same sub-category; investment from $331,500) +5. Gameday Men's Health (same sub-category; investment from $224,575) +6. Capital Laser (same sub-category; investment from $113,750) +7. Zeiss Vision Center (same industry; investment from $605,000) +8. Vital Care (same industry; investment from $555,750) +9. Clear Lakes Dental (same industry; investment from $554,300) +10. 4ever Young (same industry; investment from $522,650) diff --git a/profiles_by_industry/automotive-services.md b/profiles_by_industry/automotive-services.md new file mode 100644 index 0000000000000000000000000000000000000000..7d9953744b4a67d9733b540415cc0dda7ed12d5f --- /dev/null +++ b/profiles_by_industry/automotive-services.md @@ -0,0 +1,262 @@ +# Automotive Services franchises: 2 brand profiles (FranchiseDepth FDD Database) + +# Take 5 Oil Change + +- Brand slug: take-5-oil-change +- Legal name: Take 5 Franchisor SPV LLC +- Industry: Automotive Services +- FDD year: 2025 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/take-5-oil-change/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 45,000 +- initial_fee_high_usd: 45,000 +- royalty_pct: 7 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 5 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 249 +- total_investment_low_usd: 912,248 +- total_investment_high_usd: 2,053,642 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +The initial franchise fee is $45,000, payable in lump sum at signing of the Franchise Agreement, and is non-refundable. During fiscal year 2024, franchisees paid an initial franchise fee ranging from $0 to $35,000. For Area Development Agreements, the development fee is 50% of the aggregate initial franchise fees for all Centers in the development schedule, applied toward each Center's franchise fee at signing. Incentive programs may waive or reduce the fee or modify payment timing. Additional required fees at signing include a $3,000 Software Installation Fee, a $20,000 Grand Opening Contribution, FF&E Package ($29,497–$39,388), and Opening Inventory ($23,000–$35,000). + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 1,142 +- franchised_outlets: 432 +- company_outlets: 710 +- states_count: 36 +- closure_rate_pct: 0.3 +- closures: 2 +- closures_not_itemized: 0 +- reacquired: 4 +- franchised_outlet_years: 686 +- closure_year_from: 2022 +- closure_year_to: 2024 +- closure_ranking_eligible: yes +- growth_pct: 41.5 +- growth_outlets_from: 807 +- growth_outlets_to: 1,142 +- growth_year_from: 2022 +- growth_year_to: 2024 +- growth_ranking_eligible: yes +- all_in_fee_pct: 12 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 1,271,529 +- basis: median, 223 franchised Take 5 Oil Change Centers open at least 2 full years as of December 28, 2024 (223 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Sales | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 1,384,790 | 1,327,808 | 190,365 | 3,474,051 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| COGS | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 386,993 | 375,891 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Gross Profit | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 997,797 | 951,917 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Payroll | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 277,251 | 265,871 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Marketing Fund | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 69,240 | 66,390 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Misc. Variable | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 88,195 | 80,629 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Total Variable Expenses | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 434,685 | 412,890 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Occupancy | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 95,193 | 97,119 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Insurance | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 8,783 | 8,783 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Total Fixed Expenses | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 103,976 | 105,901 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Royalty Fee | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 96,935 | 92,947 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| 4-Wall EBITDA | 298 affiliate-owned Take 5 Oil Change Centers open at least one full year as of December 28, 2024 (All Centers average) | 298 | 362,201 | 340,178 | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 82 | +| Gross Sales | Bottom 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales | 149 | 931,354 | 949,290 | 190,365 | 1,327,689 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 83 | +| Gross Sales | Top 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales | 149 | 1,838,227 | 1,703,407 | 1,327,927 | 3,474,051 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 83 | +| 4-Wall EBITDA | Bottom 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales | 149 | 162,874 | not disclosed | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 83 | +| 4-Wall EBITDA | Top 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales | 149 | 561,527 | not disclosed | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 83 | +| Gross Sales - Year 1 | 293 franchised Take 5 Oil Change Centers - Year 1 (opened December 28, 2019 through December 30, 2023) | 293 | 901,665 | 865,488 | 255,888 | 2,076,227 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 87 | +| Gross Sales - Year 2 | 193 franchised Take 5 Oil Change Centers - Year 2 (opened December 28, 2019 through December 30, 2023) | 193 | 1,133,199 | 1,118,116 | 303,893 | 2,228,401 | Year 2 of operation (franchisees opened 2020-2023 fiscal years) | 87 | +| Gross Sales - Year 3 | 102 franchised Take 5 Oil Change Centers - Year 3 (opened December 28, 2019 through December 30, 2023) | 102 | 1,333,101 | 1,275,933 | 377,130 | 2,829,308 | Year 3 of operation (franchisees opened 2020-2023 fiscal years) | 87 | +| CPD (Cars Per Day) - Year 1 | 293 franchised Take 5 Oil Change Centers - Year 1 (opened December 28, 2019 through December 30, 2023) | 293 | 28 | 27 | 10 | 74 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 87 | +| CPD (Cars Per Day) - Year 2 | 193 franchised Take 5 Oil Change Centers - Year 2 (opened December 28, 2019 through December 30, 2023) | 193 | 33 | 31 | 10 | 81 | Year 2 of operation (franchisees opened 2020-2023 fiscal years) | 87 | +| CPD (Cars Per Day) - Year 3 | 102 franchised Take 5 Oil Change Centers - Year 3 (opened December 28, 2019 through December 30, 2023) | 102 | 36 | 34 | 10 | 79 | Year 3 of operation (franchisees opened 2020-2023 fiscal years) | 87 | +| Gross Sales - Year 1 by Population Group: Less than 20,000 | Year 1 franchised centers in Population Group: Less than 20,000 residents within 3-mile radius | 29 | 841,722 | 800,282 | 411,353 | 1,770,189 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: 20,001 - 30,000 | Year 1 franchised centers in Population Group: 20,001 - 30,000 residents within 3-mile radius | 42 | 891,697 | 861,505 | 355,776 | 1,651,717 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: 30,001 - 40,000 | Year 1 franchised centers in Population Group: 30,001 - 40,000 residents within 3-mile radius | 51 | 882,652 | 837,354 | 523,952 | 1,728,853 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: 40,001 - 50,000 | Year 1 franchised centers in Population Group: 40,001 - 50,000 residents within 3-mile radius | 43 | 951,486 | 899,458 | 326,860 | 2,076,227 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: 50,001 - 60,000 | Year 1 franchised centers in Population Group: 50,001 - 60,000 residents within 3-mile radius | 24 | 1,033,055 | 979,989 | 519,113 | 1,698,963 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: 60,001 - 70,000 | Year 1 franchised centers in Population Group: 60,001 - 70,000 residents within 3-mile radius | 31 | 821,309 | 739,039 | 435,871 | 1,809,743 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: 70,001 - 100,000 | Year 1 franchised centers in Population Group: 70,001 - 100,000 residents within 3-mile radius | 43 | 906,413 | 914,268 | 255,888 | 1,525,368 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Year 1 by Population Group: Greater than 100,000 | Year 1 franchised centers in Population Group: Greater than 100,000 residents within 3-mile radius | 30 | 905,598 | 935,032 | 490,334 | 1,474,776 | Year 1 of operation (franchisees opened 2020-2023 fiscal years) | 88 | +| Gross Sales - Open More Than 1 Year (2024 Fiscal Year) | 323 franchised Take 5 Oil Change Centers open at least one full year as of December 28, 2024 | 323 | 1,235,518 | 1,137,962 | 409,268 | 3,637,350 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 90 | +| Gross Sales - Open More Than 2 Years (2024 Fiscal Year) | 223 franchised Take 5 Oil Change Centers open at least 2 full years as of December 28, 2024 | 223 | 1,337,871 | 1,271,529 | 409,268 | 3,637,350 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 90 | +| CPD (Cars Per Day) - Open More Than 1 Year (2024 Fiscal Year) | 323 franchised Take 5 Oil Change Centers open at least one full year as of December 28, 2024 | 323 | 32 | 30 | 10 | 113 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 90 | +| CPD (Cars Per Day) - Open More Than 2 Years (2024 Fiscal Year) | 223 franchised Take 5 Oil Change Centers open at least 2 full years as of December 28, 2024 | 223 | 35 | 32 | 10 | 113 | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 90 | +| Pre-Acquisition Gross Sales | 32 M&A Centers (affiliate-owned, acquired from existing quick lube businesses, converted to Take 5) - Pre-Acquisition | 32 | 907,496 | 861,068 | 414,604 | 1,403,755 | 12-month period prior to acquisition by affiliate | 91 | +| Year 1 Gross Sales (M&A Centers) | 32 M&A Centers (affiliate-owned) - Year 1 as Take 5 Oil Change Centers | 32 | 1,167,959 | 1,107,852 | 656,596 | 2,370,545 | Year 1 of operation as Take 5 Oil Change Center (acquired December 28, 2019 through December 30, 2023) | 91 | +| Year 2 Gross Sales (M&A Centers) | 23 M&A Centers (affiliate-owned) - Year 2 as Take 5 Oil Change Centers | 23 | 1,345,075 | 1,300,631 | 604,845 | 2,580,675 | Year 2 of operation as Take 5 Oil Change Center (acquired December 28, 2019 through December 30, 2023) | 91 | +| Year 3 Gross Sales (M&A Centers) | 11 M&A Centers (affiliate-owned) - Year 3 as Take 5 Oil Change Centers | 11 | 1,399,988 | 1,295,899 | 598,837 | 2,204,621 | Year 3 of operation as Take 5 Oil Change Center (acquired December 28, 2019 through December 30, 2023) | 91 | +| Gross Profit | Bottom 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales | 149 | 664,394 | not disclosed | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 83 | +| Gross Profit | Top 50% of 298 affiliate-owned Take 5 Oil Change Centers by 2024 Gross Sales | 149 | 1,331,201 | not disclosed | not disclosed | not disclosed | 2024 Fiscal Year (December 31, 2023 through December 28, 2024) | 83 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2022 | 134 | 94 | 0 | 0 | 1 | 0 | not disclosed | 227 | +| 2023 | 227 | 100 | 1 | 0 | 1 | 0 | not disclosed | 325 | +| 2024 | 325 | 110 | 1 | 0 | 2 | 0 | not disclosed | 432 | + +## Agreement terms (Item 17) +- term_years: 15 +- renewal_count: 1 +- renewal_term_years: 15 +- renewal_fee: Pay successor franchise fee equal to 50% of our then current initial franchise fee; sign then current form of franchise agreement and other agreements (which may be materially different). +- transfer_fee: You or transferee pay training and transfer fee equal to 50% of our then current initial franchise fee; if we obtain a purchaser, you must pay us 10% of the purchase price. +- cure_period_days: 30 +- noncompete_post_term_years: 3 +- noncompete_post_term_radius_miles: 5 +- dispute_resolution: litigation +- governing_law_state: NC +- fdd_page: 72 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 1,271,529 +- investment_midpoint_usd: 1,482,945 +- revenue_to_investment: 0.86 +- royalty_pct: 7 +- revenue_per_royalty_point_usd: 181,647 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 912,248 | 9 | 9 | 235,000 | lowest first | Oil Change & Quick Lube | +| fee_low | 45,000 | 8 | 9 | 30,000 | lowest first | Oil Change & Quick Lube | +| royalty | 7 | 8 | 9 | 6 | lowest first | Oil Change & Quick Lube | +| allin | 12 | 9 | 9 | 8 | lowest first | Oil Change & Quick Lube | +| outlets | 1,142 | 3 | 9 | 78 | highest first | Oil Change & Quick Lube | +| growth | 41.5 | 3 | 46 | -0.35 | highest first | Automotive Services | +| closure | 0.3 | 5 | 46 | 4.25 | lowest first | Automotive Services | + +## Similar alternatives (closest first) +1. Grease Monkey (same sub-category; investment from $708,057) +2. SpeeDee Oil Change & Auto Service (same sub-category; investment from $708,057) +3. Jiffy Lube (same sub-category; investment from $236,000) +4. Victory Lane (same sub-category; investment from $235,000) +5. Valvoline Instant Oil Change (same sub-category; investment from $192,375) +6. Econo Lube N' Tune & Brakes (same sub-category; investment from $184,377) +7. Costa Oil (same sub-category; investment from $131,750) +8. All Tune and Lube® (same sub-category; investment from $103,800) +9. Hertz (same industry; investment from $879,300) +10. RNR Tire Express (same industry; investment from $718,561) + + +--- + +# Tuffy + +- Brand slug: tuffy +- Legal name: Gimex Properties Corp., Inc +- Industry: Automotive Services +- FDD year: 2025 (WI) +- Source: https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=639366&hash=271312205&search=external&type=GENERAL +- FranchiseDepth page: https://franchisedepth.com/franchise/tuffy/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 30,000 +- initial_fee_high_usd: 30,000 +- royalty_pct: 5 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 5 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 222,000 +- total_investment_high_usd: 723,500 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +$30,000 standard fee; reduced fees for additional units ($25k/2nd, $20k/3rd, $15k/4th, $10k/5th+); area developers pay $5,000 per franchise opened; initial advertising fee $3,000-$15,000 additional + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 129 +- franchised_outlets: 101 +- company_outlets: 28 +- states_count: 14 +- closure_rate_pct: 2 +- closures: 7 +- closures_not_itemized: 0 +- reacquired: 53 +- franchised_outlet_years: 348 +- closure_year_from: 2022 +- closure_year_to: 2024 +- closure_ranking_eligible: yes +- growth_pct: -20.9 +- growth_outlets_from: 163 +- growth_outlets_to: 129 +- growth_year_from: 2022 +- growth_year_to: 2024 +- growth_ranking_eligible: yes +- all_in_fee_pct: 10 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 1,343,137 +- basis: median, 59 franchised Tuffy Auto Service Centers in operation at least two full calendar years (as of December 31, 2024) with at least four bays (59 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Sales-2024 | 59 franchised Tuffy Auto Service Centers in operation at least two full calendar years (as of December 31, 2024) with at least four bays | 59 | 1,416,325 | 1,343,137 | 468,196 | 4,916,047 | Calendar Year 2024 | 45 | +| Annual Car Count-2024 | 59 franchised Tuffy Auto Service Centers in operation at least two full calendar years (as of December 31, 2024) with at least four bays | 59 | 3,283 | 2,979 | 789 | 13,719 | Calendar Year 2024 | 45 | +| Average Repair Ticket Amount-2024 | 59 franchised Tuffy Auto Service Centers in operation at least two full calendar years (as of December 31, 2024) with at least four bays | 59 | 466 | 432 | 235 | 1,284 | Calendar Year 2024 | 45 | +| Cost of Goods Sold as a Percentage of Sales-2023 | 59 franchised Tuffy centers that reported cost of goods sold | 59 | 35.34 | 30 | 21.02 | 75.06 | 2023 per table row labels (Item 19 narrative says calendar year 2024) | 45 | +| Labor as a Percentage of Sales-2023 | 57 franchised Tuffy centers that reported labor cost | 57 | 24.06 | 25.1 | 0 | 70.24 | 2023 per table row labels (Item 19 narrative says calendar year 2024) | 45 | +| Rent as a Percentage of Sales-2023 | 51 franchised Tuffy centers that reported rent | 51 | 7.25 | 6.39 | 0 | 19.81 | 2023 per table row labels (Item 19 narrative says calendar year 2024) | 45 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2022 | 145 | 4 | 4 | 1 | 41 | 0 | not disclosed | 103 | +| 2023 | 103 | 9 | 1 | 0 | 11 | 0 | not disclosed | 100 | +| 2024 | 100 | 3 | 1 | 0 | 1 | 0 | not disclosed | 101 | + +## Agreement terms (Item 17) +- term_years: 15 +- renewal_count: 3 +- renewal_term_years: 5 +- renewal_fee: The Franchise Agreement automatically renews unless you elect not to renew or we do not consent to renewal. As conditions to renewal, we may require that you release us from claims, execute our standard form of License Agreement in use at the time of renewal and renovate your franchise location… +- transfer_fee: Transfer fee paid (amount not specified in Item 17 table) +- cure_period_days: 10 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 5 +- dispute_resolution: mediation +- governing_law_state: OH +- fdd_page: 38 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 1,343,137 +- investment_midpoint_usd: 472,750 +- revenue_to_investment: 2.84 +- royalty_pct: 5 +- revenue_per_royalty_point_usd: 268,627 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 222,000 | 13 | 22 | 203,500 | lowest first | Repair & Maintenance | +| fee_low | 30,000 | 10 | 23 | 30,000 | lowest first | Repair & Maintenance | +| royalty | 5 | 1 | 16 | 6.45 | lowest first | Repair & Maintenance | +| allin | 10 | 11 | 16 | 8 | lowest first | Repair & Maintenance | +| outlets | 129 | 9 | 23 | 62 | highest first | Repair & Maintenance | +| growth | -20.9 | 14 | 14 | -2.25 | highest first | Repair & Maintenance | +| closure | 2 | 5 | 14 | 3.4000000000000004 | lowest first | Repair & Maintenance | + +## Similar alternatives (closest first) +1. Meineke (same sub-category; investment from $224,898) +2. Car Doctor Plus (same sub-category; investment from $218,000) +3. AAMCO (same sub-category; investment from $236,800) +4. Michelin Commercial Service Network (same sub-category; investment from $189,000) +5. Honest1 (same sub-category; investment from $255,750) +6. Precision Tune Auto Care (same sub-category; investment from $181,601) +7. Merlin (same sub-category; investment from $264,745) +8. Mr. Transmission / Milex Complete Auto Care (same sub-category; investment from $267,500) +9. Summit Auto Calibration (same sub-category; investment from $160,550) +10. Bosch Auto Service (same sub-category; investment from $146,600) diff --git a/profiles_by_industry/b2b-supplies.md b/profiles_by_industry/b2b-supplies.md new file mode 100644 index 0000000000000000000000000000000000000000..083d5f829749ae6823ee2ad1423f6a2d1c5a0517 --- /dev/null +++ b/profiles_by_industry/b2b-supplies.md @@ -0,0 +1,197 @@ +# B2B Supplies franchises: 2 brand profiles (FranchiseDepth FDD Database) + +# Discovery Map + +- Brand slug: discovery-map +- Legal name: Discovery Map International, Inc +- Industry: B2B Supplies +- FDD year: 2025 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/discovery-map/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 25,000 +- initial_fee_high_usd: 25,000 +- royalty_pct: 10 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 1 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 29,250 +- total_investment_high_usd: 36,300 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Royalty 10% of printed advertising, 25% of website ads. Advertising 1% of gross sales. DPS fee $2,200/year. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 116 +- franchised_outlets: 116 +- company_outlets: 0 +- states_count: 28 +- closure_rate_pct: 4.1 +- closures: 14 +- closures_not_itemized: 0 +- reacquired: 1 +- franchised_outlet_years: 345 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -1.7 +- growth_outlets_from: 118 +- growth_outlets_to: 116 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 11 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 53,210 +- basis: median, franchises publishing map in fiscal year ending September 30, 2025, completed selling cycle, standard sizes (102 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Sales (Average Sales per Map) | franchises publishing map in fiscal year ending September 30, 2025, completed selling cycle, standard sizes | 102 | 58,171 | 53,210 | 10,430 | 214,930 | fiscal year ending September 30, 2025 | 33 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 114 | 2 | 2 | 0 | 1 | 0 | 15 | 113 | +| 2024 | 113 | 11 | 5 | 1 | 0 | 0 | 10 | 118 | +| 2025 | 118 | 4 | 6 | 0 | 0 | 0 | 6 | 116 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 53,210 +- investment_midpoint_usd: 32,775 +- revenue_to_investment: not disclosed +- royalty_pct: 10 +- revenue_per_royalty_point_usd: 5,321 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 29,250 | 18 | 70 | 78,025 | lowest first | B2B Supplies | +| fee_low | 25,000 | 24 | 65 | 35,900 | lowest first | B2B Supplies | +| royalty | 10 | 36 | 47 | 7 | lowest first | B2B Supplies | +| allin | 11 | 38 | 47 | 7.5 | lowest first | B2B Supplies | +| outlets | 116 | 21 | 68 | 41.5 | highest first | B2B Supplies | +| growth | -1.7 | 26 | 44 | 0 | highest first | B2B Supplies | +| closure | 4.1 | 13 | 40 | 6.55 | lowest first | B2B Supplies | + +## Similar alternatives (closest first) +1. Coastal Angler Magazine (same industry; investment from $28,975) +2. AmSpirit (same industry; investment from $21,400) +3. City Lifestyle (same industry; investment from $37,600) +4. RedKnight (same industry; investment from $17,900) +5. Dealer Specialties International (same industry; investment from $17,400) +6. Unishippers (same industry; investment from $17,365) +7. Schmidt (same industry; investment from $44,743) +8. Sculpture Hospitality (same industry; investment from $45,500) +9. Network Lead Exchange (same industry; investment from $12,450) +10. City Publications (same industry; investment from $46,300) + + +--- + +# ERA Group + +- Brand slug: era-group +- Legal name: Expense Reduction Analysts, Inc. +- Industry: B2B Supplies +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/era-group/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 64,900 +- initial_fee_high_usd: 69,900 +- royalty_pct: 15 +- royalty_min_monthly_usd: 1,051.65 +- marketing_fee_pct: 3 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 142.5 +- total_investment_low_usd: 76,000 +- total_investment_high_usd: 105,900 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Base fee is $69,900. VetFran® qualified veterans receive $5,000 discount ($64,900). Additional training fee: $10,000 per additional/substitute owner; $5,000 if spouse or immediate family member. Minimum Royalty Fee $1,051.65 per month for the first 36 months, then $1,314.56 per month for the rest of the initial term. Technology Fee $142.50 per month for the first 18 months, then $285 per month. National Conference Registration Fee currently $1,314.56 per attendee, payable in monthly installments whether or not you attend. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 196 +- franchised_outlets: 196 +- company_outlets: 0 +- states_count: 25 +- closure_rate_pct: 7.7 +- closures: 34 +- closures_not_itemized: 0 +- reacquired: 2 +- franchised_outlet_years: 441 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 34.2 +- growth_outlets_from: 146 +- growth_outlets_to: 196 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 18 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 268,982 +- basis: median, All Full-Time Regional Franchisees (18+ months operating) (86 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Net Cumulative Receipts | Top 25% (1st Quartile) by Net Cumulative Receipts - Full-Time Regional Franchisees, 18+ months operating | 22 | 900,566 | 734,102 | 510,989 | 2,998,404 | 2025 calendar year | not disclosed | +| Net Cumulative Receipts | 25-50% (2nd Quartile) by Net Cumulative Receipts - Full-Time Regional Franchisees, 18+ months operating | 21 | 356,457 | 341,597 | 261,053 | 468,148 | 2025 calendar year | not disclosed | +| Net Cumulative Receipts | 50-75% (3rd Quartile) by Net Cumulative Receipts - Full-Time Regional Franchisees, 18+ months operating | 21 | 208,279 | 202,622 | 151,816 | 257,796 | 2025 calendar year | not disclosed | +| Net Cumulative Receipts | Bottom 25% (4th Quartile) by Net Cumulative Receipts - Full-Time Regional Franchisees, 18+ months operating | 22 | 55,355 | 60,644 | 0 | 115,984 | 2025 calendar year | not disclosed | +| Net Cumulative Receipts | All Full-Time Regional Franchisees (18+ months operating) | 86 | 388,180 | 268,982 | 0 | 2,998,404 | 2025 calendar year | not disclosed | +| Net Cumulative Receipts | Part-Time Regional Franchisees (18+ months operating) | 51 | 30,939 | 109 | 0 | 436,063 | 2025 calendar year | not disclosed | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 136 | 23 | 6 | 0 | 2 | 7 | not disclosed | 144 | +| 2024 | 144 | 30 | 12 | 1 | 0 | 0 | not disclosed | 161 | +| 2025 | 161 | 43 | 8 | 0 | 0 | 0 | not disclosed | 196 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 268,982 +- investment_midpoint_usd: 90,950 +- revenue_to_investment: 2.96 +- royalty_pct: 15 +- revenue_per_royalty_point_usd: 17,932 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 76,000 | 35 | 70 | 78,025 | lowest first | B2B Supplies | +| fee_low | 64,900 | 61 | 65 | 35,900 | lowest first | B2B Supplies | +| royalty | 15 | 41 | 47 | 7 | lowest first | B2B Supplies | +| allin | 18 | 44 | 47 | 7.5 | lowest first | B2B Supplies | +| outlets | 196 | 14 | 68 | 41.5 | highest first | B2B Supplies | +| growth | 34.2 | 3 | 44 | 0 | highest first | B2B Supplies | +| closure | 7.7 | 23 | 40 | 6.55 | lowest first | B2B Supplies | + +## Similar alternatives (closest first) +1. Complete Mobile Drug Testing (same industry; investment from $72,350) +2. Gasket Guy (same industry; investment from $80,050) +3. World Options (same industry; investment from $81,100) +4. Instant Imprints (same industry; investment from $82,800) +5. TownePost (same industry; investment from $83,350) +6. Locals Love Us (same industry; investment from $66,750) +7. InXpress (same industry; investment from $86,900) +8. Money Mailer (same industry; investment from $64,630) +9. Runningboards Marketing (same industry; investment from $87,400) +10. Our Town America (same industry; investment from $64,399) diff --git a/profiles_by_industry/dry-cleaning.md b/profiles_by_industry/dry-cleaning.md new file mode 100644 index 0000000000000000000000000000000000000000..a5ae9bef79654a37951365f5dbd2ad5e43f95eaf --- /dev/null +++ b/profiles_by_industry/dry-cleaning.md @@ -0,0 +1,102 @@ +# Dry Cleaning franchises: 1 brand profiles (FranchiseDepth FDD Database) + +# CD ONE Price Cleaners + +- Brand slug: cd-one-price-cleaners +- Legal name: CLEANERS DEPOT FRANCHISE, LLC +- Industry: Dry Cleaning +- FDD year: 2024 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/cd-one-price-cleaners/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 6,000 +- initial_fee_high_usd: 30,000 +- royalty_pct: 6.5 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 3 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 903,225 +- total_investment_high_usd: 1,351,850 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Plant Store: $30,000. Satellite Store: $12,500 standard, $6,000 if signed in 2024 and opened by Dec 31, 2024 (Satellite Store Incentive Program). Qualified veterans: $0. Legacy Plant Store Renewal: $0. Development Rights Agreement: $5,000 per store (credited toward franchise fee). New Plant Stores must offer pickup and delivery (PUD) Services under the PUD Addendum. It adds a Technology Fee of 5% of Gross PUD Revenues, currently paid to affiliate COW. It also adds Marketing Fund contributions of 3.5% (Customer Acquisition) and 2% (Customer Development and Retention) of Gross PUD Revenues. The royalty and 3% Marketing Fund also apply to PUD revenue. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 40 +- franchised_outlets: 40 +- company_outlets: 0 +- states_count: 4 +- closure_rate_pct: 0 +- closures: 0 +- closures_not_itemized: 0 +- reacquired: 0 +- franchised_outlet_years: 109 +- closure_year_from: 2021 +- closure_year_to: 2023 +- closure_ranking_eligible: yes +- growth_pct: 8.1 +- growth_outlets_from: 37 +- growth_outlets_to: 40 +- growth_year_from: 2021 +- growth_year_to: 2023 +- growth_ranking_eligible: yes +- all_in_fee_pct: 9.5 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 1,075,802 +- basis: median, All 34 Revenue Reporting Plant Stores (34 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Revenue | Top Third Plant Stores (by 2023 Gross Revenue) | 11 | 1,367,307 | 1,232,941 | 1,115,602 | 2,306,859 | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 63 | +| Gross Revenue | Middle Third Plant Stores (by 2023 Gross Revenue) | 12 | 1,031,729 | 1,075,802 | 911,824 | 1,114,301 | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 63 | +| Gross Revenue | Bottom Third Plant Stores (by 2023 Gross Revenue) | 11 | 780,958 | 789,735 | 677,702 | 888,244 | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 63 | +| Gross Revenue | All 34 Revenue Reporting Plant Stores | 34 | 1,059,167 | 1,075,802 | 677,702 | 2,306,859 | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 63 | +| Gross Revenue | All 4 Revenue Reporting Satellite Stores | 4 | 376,749 | 407,712 | 260,525 | 431,047 | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 63 | +| Occupancy Costs (as % of Gross Revenue) | Cost Reporting Stores (32 stores: 28 Plant, 4 Satellite) | 32 | 11.7 | 12 | not disclosed | not disclosed | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 64 | +| Labor Costs (as % of Gross Revenue) | Cost Reporting Stores (32 stores) | 32 | 37.5 | 38.6 | not disclosed | not disclosed | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 64 | +| Production Supplies Costs (as % of Gross Revenue) | Cost Reporting Stores (32 stores) | 32 | 8.2 | 7.8 | not disclosed | not disclosed | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 64 | +| Electricity Costs (as % of Gross Revenue) | Cost Reporting Stores (32 stores) | 32 | 1.6 | 1.5 | not disclosed | not disclosed | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 64 | +| Natural Gas Costs (as % of Gross Revenue) | Cost Reporting Stores (32 stores) | 32 | 1.6 | 1.4 | not disclosed | not disclosed | 2023 Fiscal Year (Dec 31, 2022 - Dec 29, 2023) | 64 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2021 | 35 | 1 | 0 | 0 | 0 | 0 | 2 | 36 | +| 2022 | 36 | 2 | 0 | 0 | 0 | 0 | 2 | 38 | +| 2023 | 38 | 2 | 0 | 0 | 0 | 0 | 4 | 40 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 1,075,802 +- investment_midpoint_usd: 1,127,537 +- revenue_to_investment: 0.95 +- royalty_pct: 6.5 +- revenue_per_royalty_point_usd: 165,508 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 903,225 | 8 | 12 | 647,224 | lowest first | Dry Cleaning | +| fee_low | 6,000 | 1 | 11 | 20,000 | lowest first | Dry Cleaning | +| royalty | 6.5 | 11 | 12 | 6 | lowest first | Dry Cleaning | +| allin | 9.5 | 10 | 12 | 7.5 | lowest first | Dry Cleaning | +| outlets | 40 | 4 | 11 | 13 | highest first | Dry Cleaning | + +## Similar alternatives (closest first) +1. ZIPS Cleaners (same industry; investment from $867,700) +2. LaundroLab (same industry; investment from $1,182,500) +3. Speed Queen (same industry; investment from $1,199,663) +4. Laundry Spot (same industry; investment from $1,268,500) +5. Martinizing (same industry; investment from $426,748) +6. Door to Door Laundry (same industry; investment from $393,783) +7. WaveMAX Laundry (same industry; investment from $359,105) +8. Mulberrys Garment Care (same industry; investment from $353,500) +9. Tide Laundromat (same industry; investment from $1,751,885) +10. Bubbly (same industry; investment from $47,585) diff --git a/profiles_by_industry/education.md b/profiles_by_industry/education.md new file mode 100644 index 0000000000000000000000000000000000000000..eecb51f7e8462b5fc32b98143b5a8dc51f3f6a45 --- /dev/null +++ b/profiles_by_industry/education.md @@ -0,0 +1,221 @@ +# Education franchises: 2 brand profiles (FranchiseDepth FDD Database) + +# Huntington Learning Centers + +- Brand slug: huntington-learning-centers +- Legal name: Huntington Learning Centers Inc. +- Industry: Education +- FDD year: 2026 (WI) +- Source: https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=641005&hash=1553927880&search=external&type=GENERAL +- FranchiseDepth page: https://franchisedepth.com/franchise/huntington-learning-centers/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 42,000 +- initial_fee_high_usd: 42,000 +- royalty_pct: 9.5 +- royalty_min_monthly_usd: 2,000 +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: 500 +- tech_fee_monthly_usd: 1,375 +- total_investment_low_usd: 191,992 +- total_investment_high_usd: 340,632 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard fee $42,000. Multi-unit discount to $27,000 for 2nd+ units. Veteran discount to $31,500. Transfer fee $10,000 (IFF waived). Renewal fee $8,000 (IFF waived). MicroSchool amendment initial fee $10,000. During 2025, charged between $0 and $36,000. Advertising minimum: you must spend at least $57,000 per year on Huntington Services and eTutoring, including at least $2,000 each month, on top of the 2% Advertising Fund. CoOp fees average about $2,000 per month and are credited toward the advertising minimum. Call Center $415 per month plus $34.47 to $76.50 per academic evaluation, required for the whole term. Conference Services $315 per month, credited against usage charges, required. Marketing Communication Program spend of at least $100 per month. Required accounting and payroll software from the designated vendor costs $125 to $165 per month. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 245 +- franchised_outlets: 243 +- company_outlets: 2 +- states_count: 38 +- closure_rate_pct: 5.8 +- closures: 47 +- closures_not_itemized: 0 +- reacquired: 2 +- franchised_outlet_years: 813 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -12.2 +- growth_outlets_from: 279 +- growth_outlets_to: 245 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 11.5 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 533,106 +- basis: median, 232 franchised HLCs open all of 2025 (Mature Centers) (232 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Revenue | 232 franchised HLCs open all of 2025 (Mature Centers) | 232 | 609,454 | 533,106 | 136,567 | 3,093,560 | 2025 calendar year | 53 | +| Gross Revenue — Top 25% | Top 25% of 232 Mature Centers | 58 | 1,115,433 | 1,016,562 | 764,311 | 3,093,560 | 2025 calendar year | 53 | +| Gross Revenue — Mid-upper 25% | Mid-upper 25% of 232 Mature Centers | 58 | 646,065 | 635,442 | 533,308 | 759,290 | 2025 calendar year | 53 | +| Gross Revenue — Mid-lower 25% | Mid-lower 25% of 232 Mature Centers | 58 | 428,854 | 433,139 | 328,228 | 532,904 | 2025 calendar year | 53 | +| Gross Revenue — Bottom 25% | Bottom 25% of 232 Mature Centers | 58 | 247,465 | 242,341 | 136,567 | 327,440 | 2025 calendar year | 53 | +| Gross Revenue — Top half | Top half of 232 Mature Centers | 116 | 880,749 | 761,800 | 533,308 | 3,093,560 | 2025 calendar year | 54 | +| Gross Revenue — Bottom half | Bottom half of 232 Mature Centers | 116 | 338,159 | 327,834 | 136,567 | 532,904 | 2025 calendar year | 54 | +| Gross Revenue — $1M+ centers | 30 Mature Centers with Gross Revenue of $1,000,000 or more | 30 | 1,337,289 | 1,164,749 | not disclosed | not disclosed | 2025 calendar year | 52 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 280 | 4 | 10 | 0 | 1 | 0 | not disclosed | 273 | +| 2024 | 273 | 4 | 15 | 2 | 0 | 0 | not disclosed | 260 | +| 2025 | 260 | 4 | 17 | 3 | 1 | 0 | not disclosed | 243 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: not disclosed +- renewal_term_years: 10 +- renewal_fee: Pay a nonrefundable fee of $10,000 (if you have a Territory, the fee is greater). +- transfer_fee: You pay us a nonrefundable Transfer Fee of $1,000, plus our associated costs. (death/disability context; general transfer fee references 'Transfer Fee, our related costs, any related broker fees, and a Training and Technology Initial Fee' without a stated dollar amount) +- cure_period_days: 10 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 25 +- dispute_resolution: mediation +- governing_law_state: DE +- fdd_page: 45 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 533,106 +- investment_midpoint_usd: 266,312 +- revenue_to_investment: 2 +- royalty_pct: 9.5 +- revenue_per_royalty_point_usd: 56,116 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 191,992 | 22 | 24 | 98,065 | lowest first | Academic Tutoring | +| fee_low | 42,000 | 16 | 24 | 32,250 | lowest first | Academic Tutoring | +| royalty | 9.5 | 9 | 18 | 9.75 | lowest first | Academic Tutoring | +| allin | 11.5 | 11 | 18 | 11 | lowest first | Academic Tutoring | +| outlets | 245 | 5 | 24 | 43.5 | highest first | Academic Tutoring | +| growth | -12.2 | 13 | 16 | -7.3 | highest first | Academic Tutoring | +| closure | 5.8 | 8 | 16 | 6.05 | lowest first | Academic Tutoring | + +## Similar alternatives (closest first) +1. Prepaze Academy (same sub-category; investment from $154,000) +2. LearningRx (same sub-category; investment from $150,000) +3. Omega Learning Center (same sub-category; investment from $135,913) +4. Mathnasium (same sub-category; investment from $127,316) +5. Level UP Learning (same sub-category; investment from $126,265) +6. Sylvan Learning (same sub-category; investment from $117,600) +7. The Tutoring Center (same sub-category; investment from $114,420) +8. GradePower Learning (same sub-category; investment from $113,136) +9. Genius Kids (same sub-category; investment from $276,300) +10. Kumon (same sub-category; investment from $101,630) + + +--- + +# Mathnasium + +- Brand slug: mathnasium +- Legal name: Mathnasium Franchisor LLC +- Industry: Education +- FDD year: 2026 (WI) +- Source: https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=641614&hash=1383796229&search=external&type=GENERAL +- FranchiseDepth page: https://franchisedepth.com/franchise/mathnasium/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 49,000 +- initial_fee_high_usd: 49,000 +- royalty_pct: 10 +- royalty_min_monthly_usd: 1,500 +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 266 +- total_investment_low_usd: 127,316 +- total_investment_high_usd: 165,846 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard first-franchise fee $49,000; additional franchise or Center Director discount $26,500; transferee fee $7,000 (may be waived); veteran/educator discount 25% off first-center fee; development fee $75,500-$129,000 for 2-5 centers credited toward franchise fees. In 2025, fees paid ranged $0-$49,000. Royalty is 10% of monthly Gross Receipts; beginning in the 24th month of operation it is the greater of 10% or $1,500 per month. A Base Royalty of $650 per month is also payable, beginning 6 months after signing. Monthly Marketing Fee is $250 plus 2% of monthly Gross Receipts. A Digital and Local Marketing Fee of at least $1,000 per month is paid to the franchisor and credited against the local marketing requirement. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 1,047 +- franchised_outlets: 1,043 +- company_outlets: 4 +- states_count: 45 +- closure_rate_pct: 2.1 +- closures: 60 +- closures_not_itemized: 0 +- reacquired: 1 +- franchised_outlet_years: 2914 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 7.7 +- growth_outlets_from: 972 +- growth_outlets_to: 1,047 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 12 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 326,428 +- basis: median, 914 franchised Mathnasium Centers open and operated by the same franchisee 12 months or longer as of December 31, 2025 (914 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Annual Gross Receipts | 914 franchised Mathnasium Centers open and operated by the same franchisee 12 months or longer as of December 31, 2025 | 914 | 384,874 | 326,428 | 66,925 | 1,511,770 | January 1 - December 31, 2025 | 60 | +| Annual Gross Receipts | Top 1/4 of 914 franchised Mathnasium Centers open 12+ months | 229 | 693,314 | 635,510 | 467,777 | 1,511,770 | January 1 - December 31, 2025 | 60 | +| Annual Gross Receipts | Mid-Upper 1/4 of 914 franchised Mathnasium Centers open 12+ months | 228 | 391,418 | 391,156 | 326,710 | 466,924 | January 1 - December 31, 2025 | 60 | +| Annual Gross Receipts | Mid-Lower 1/4 of 914 franchised Mathnasium Centers open 12+ months | 228 | 278,021 | 274,816 | 235,325 | 326,146 | January 1 - December 31, 2025 | 60 | +| Annual Gross Receipts | Bottom 1/4 of 914 franchised Mathnasium Centers open 12+ months | 229 | 176,306 | 182,523 | 66,925 | 234,408 | January 1 - December 31, 2025 | 60 | +| Operating Profit | 914 franchised Mathnasium Centers (Covered Centers) open 12+ months with complete 2025 P&Ls | 914 | 117,000 | 111,630 | not disclosed | not disclosed | January 1 - December 31, 2025 | 61 | +| Annual Gross Receipts per center | Franchisees owning 1 Center (289 franchisees), centers open 36+ months under the same franchisee | 289 | 373,107 | 318,865 | 90,745 | 1,335,332 | January 1 - December 31, 2025 | 64 | +| Annual Gross Receipts per center | Franchisees owning 2 Centers (60 franchisees), centers open 36+ months under the same franchisee | 120 | 407,394 | 338,334 | 91,037 | 1,283,151 | January 1 - December 31, 2025 | 64 | +| Annual Gross Receipts per center | Franchisees owning 3-5 Centers (26 franchisees), centers open 36+ months under the same franchisee | 92 | 453,229 | 390,326 | 77,077 | 1,511,770 | January 1 - December 31, 2025 | 64 | +| Annual Gross Receipts per center | Franchisees owning 6+ Centers (14 franchisees), centers open 36+ months under the same franchisee | 158 | 467,965 | 419,572 | 122,948 | 1,387,460 | January 1 - December 31, 2025 | 64 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 951 | 43 | 0 | 0 | 1 | 25 | not disclosed | 968 | +| 2024 | 968 | 47 | 0 | 0 | 0 | 20 | not disclosed | 995 | +| 2025 | 995 | 63 | 0 | 0 | 0 | 15 | not disclosed | 1,043 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 326,428 +- investment_midpoint_usd: 146,581 +- revenue_to_investment: 2.23 +- royalty_pct: 10 +- revenue_per_royalty_point_usd: 32,643 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 127,316 | 18 | 24 | 98,065 | lowest first | Academic Tutoring | +| fee_low | 49,000 | 19 | 24 | 32,250 | lowest first | Academic Tutoring | +| royalty | 10 | 10 | 18 | 9.75 | lowest first | Academic Tutoring | +| allin | 12 | 12 | 18 | 11 | lowest first | Academic Tutoring | +| outlets | 1,047 | 2 | 24 | 43.5 | highest first | Academic Tutoring | +| growth | 7.7 | 2 | 16 | -7.3 | highest first | Academic Tutoring | +| closure | 2.1 | 4 | 16 | 6.05 | lowest first | Academic Tutoring | + +## Similar alternatives (closest first) +1. Level UP Learning (same sub-category; investment from $126,265) +2. Omega Learning Center (same sub-category; investment from $135,913) +3. Sylvan Learning (same sub-category; investment from $117,600) +4. The Tutoring Center (same sub-category; investment from $114,420) +5. GradePower Learning (same sub-category; investment from $113,136) +6. LearningRx (same sub-category; investment from $150,000) +7. Kumon (same sub-category; investment from $101,630) +8. Prepaze Academy (same sub-category; investment from $154,000) +9. The Resource Room (same sub-category; investment from $94,500) +10. Tutor Doctor (same sub-category; investment from $94,295) diff --git a/profiles_by_industry/entertainment-recreation.md b/profiles_by_industry/entertainment-recreation.md new file mode 100644 index 0000000000000000000000000000000000000000..03c2c2c76b1b26f799de488760c0eafdc608574a --- /dev/null +++ b/profiles_by_industry/entertainment-recreation.md @@ -0,0 +1,99 @@ +# Entertainment & Recreation franchises: 1 brand profiles (FranchiseDepth FDD Database) + +# Complete Weddings + Events + +- Brand slug: complete-weddings-events +- Legal name: Complete Music, Inc. +- Industry: Entertainment & Recreation +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/complete-weddings-events/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 15,000 +- initial_fee_high_usd: 50,000 +- royalty_pct: 8 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 623 +- total_investment_low_usd: 68,800 +- total_investment_high_usd: 80,750 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard fee $50,000. Incentive program (by 3/31/2027): Option 1: $40,000 initial + 8% royalty; Option 2: $15,000 initial + 13% royalty until $800k cumulative receipts, then 8%. Failure to open triggers additional payments ($10k or $35k depending on option). Website, CRM and Technology Support Fee is currently $83 per week (capped at $300 per week) and Computer System Maintenance, Hosting and Licensing Fee is currently $55 per week, together $598 per month at 52/12; the Venue Website fee of $300 per year adds $25 per month. Participation in the National Sales Program is required: currently $100 per week (about $433 per month at 52/12) plus commissions of $65 per service sold, or 10% of the total booking if under $650; the weekly fee may rise to $250. Local advertising spend of 4% of Gross Receipts is required, and the Google Ads Program minimum of $87.50 per week ($37.50 of it a management fee) counts toward it. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 82 +- franchised_outlets: 81 +- company_outlets: 1 +- states_count: 33 +- closure_rate_pct: 3.8 +- closures: 8 +- closures_not_itemized: 0 +- reacquired: 0 +- franchised_outlet_years: 212 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 18.8 +- growth_outlets_from: 69 +- growth_outlets_to: 82 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 10 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 208,376.66 +- basis: median, Franchised businesses open the full 2025 calendar year (70 of 81; 7 opened in 2025 and 4 transferred excluded) (70 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Receipts | Franchised businesses open the full 2025 calendar year (70 of 81; 7 opened in 2025 and 4 transferred excluded) | 70 | 322,160.76 | 208,376.66 | 21,119 | 2,393,115.6 | Calendar Year 2025 | 33 | +| Gross Receipts | Top Third of the 70 franchised businesses by 2025 Gross Receipts | 23 | 645,897.24 | 485,160 | 328,666.27 | 2,393,115.6 | Calendar Year 2025 | 33 | +| Gross Receipts | Middle Third of the 70 franchised businesses by 2025 Gross Receipts | 23 | 228,358.94 | 218,935.21 | 160,642.5 | 312,130 | Calendar Year 2025 | 33 | +| Gross Receipts | Bottom Third of the 70 franchised businesses by 2025 Gross Receipts | 24 | 101,806.7 | 103,477.73 | 21,119 | 153,685 | Calendar Year 2025 | 33 | +| Gross Receipts | Affiliate-owned business (Iowa and Nebraska territory), full 2025 calendar year | 1 | 2,061,551.14 | not disclosed | not disclosed | not disclosed | Calendar Year 2025 | 33 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 66 | 5 | 0 | 0 | 0 | 3 | 6 | 68 | +| 2024 | 68 | 11 | 0 | 0 | 0 | 1 | not disclosed | 78 | +| 2025 | 78 | 7 | 3 | 0 | 0 | 1 | 6 | 81 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 208,377 +- investment_midpoint_usd: 74,775 +- revenue_to_investment: 2.79 +- royalty_pct: 8 +- revenue_per_royalty_point_usd: 26,047 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 68,800 | 7 | 72 | 266,500 | lowest first | Entertainment & Recreation | +| fee_low | 15,000 | 3 | 69 | 40,000 | lowest first | Entertainment & Recreation | +| royalty | 8 | 56 | 67 | 6 | lowest first | Entertainment & Recreation | +| allin | 10 | 56 | 67 | 8 | lowest first | Entertainment & Recreation | +| outlets | 82 | 10 | 67 | 15 | highest first | Entertainment & Recreation | +| growth | 18.8 | 10 | 27 | 10.6 | highest first | Entertainment & Recreation | +| closure | 3.8 | 10 | 21 | 4.8 | lowest first | Entertainment & Recreation | + +## Similar alternatives (closest first) +1. Wine and Design (same industry; investment from $69,950) +2. The Rock Underground (same industry; investment from $70,500) +3. AR Workshop (same industry; investment from $71,449) +4. Eaglerider (same industry; investment from $73,500) +5. The Hot Spot (same industry; investment from $74,900) +6. The Giggling Pig (same industry; investment from $75,000) +7. City Brew Tours (same industry; investment from $76,200) +8. DivaDance (same industry; investment from $56,700) +9. Valhallan (same industry; investment from $82,950) +10. Perfect Skating (same industry; investment from $53,940) diff --git a/profiles_by_industry/fitness-wellness.md b/profiles_by_industry/fitness-wellness.md new file mode 100644 index 0000000000000000000000000000000000000000..5db56dcb8816a61ddd499e79e8adfdca33e18ec0 --- /dev/null +++ b/profiles_by_industry/fitness-wellness.md @@ -0,0 +1,230 @@ +# Fitness & Wellness franchises: 2 brand profiles (FranchiseDepth FDD Database) + +# Gymguyz + +- Brand slug: gymguyz +- Legal name: GYMGUYZ Franchising LLC +- Industry: Fitness & Wellness +- FDD year: 2025 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/gymguyz/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 49,500 +- initial_fee_high_usd: 49,500 +- royalty_pct: 7 +- royalty_min_monthly_usd: 650 +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: 87 +- tech_fee_monthly_usd: 643 +- total_investment_low_usd: 92,100 +- total_investment_high_usd: 174,000 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Base fee for 30,000-household territory. Additional $1.50/household for territories exceeding 30,000 (capped at 15,000 additional households). Discounts: $5,000 off for 2nd/3rd franchises or honorably discharged veterans (non-stackable). Excludes $11,500–$31,500 initial marketing fund and $0–$2,500 launch fund fee. Technology fee shown totals the $50 per two-week Technology Fee for a single unit (about $108 per month), the $375 per month POS System Fee (Mindbody), the $125 per month Microsite Fee (not to exceed $200 per microsite) and the $35 per month Hiring Platform Fee (plus tax), all paid to the franchisor. Search Engine Optimization Fee is $318 per month, paid to the franchisor. Telemarketing Fee is $299 per month, paid to the franchisor. VOIP Fee is $69 per month per line, paid to the franchisor. Social Media Posting Platform fee is currently $35 to $50 per month, not to exceed $100. The GYMGUYZ Training Application ($90 per month) is optional. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 130 +- franchised_outlets: 116 +- company_outlets: 16 +- states_count: 21 +- closure_rate_pct: 11.6 +- closures: 36 +- closures_not_itemized: 0 +- reacquired: 14 +- franchised_outlet_years: 311 +- closure_year_from: 2022 +- closure_year_to: 2024 +- closure_ranking_eligible: yes +- growth_pct: 33.3 +- growth_outlets_from: 99 +- growth_outlets_to: 132 +- growth_year_from: 2022 +- growth_year_to: 2024 +- growth_ranking_eligible: yes +- all_in_fee_pct: 9 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 130,644 +- basis: median, 85 franchised outlets (85 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Sales | Affiliate Owned Locations (3 units, Long Island, NY) | 3 | 409,731.67 | not disclosed | not disclosed | not disclosed | 2024 | 44 | +| Gross Profit Less Disclosed Expenses | Affiliate Owned Locations (3 units, Long Island, NY) | 3 | 193,891.33 | not disclosed | not disclosed | not disclosed | 2024 | 45 | +| Gross Profit Less Disclosed Expenses / Franchisee Related Expenses | Affiliate Owned Locations (3 units, Long Island, NY) | 3 | 160,712.67 | not disclosed | not disclosed | not disclosed | 2024 | 45 | +| Gross Sales | Affiliate Owned Locations (3 units, Long Island, NY) | 3 | 296,284.67 | not disclosed | not disclosed | not disclosed | 2023 | 44 | +| Gross Sales | 85 franchised outlets | 85 | 106,507.4 | 130,644 | 0 | 835,964 | | not disclosed | +| Average Gross Sales per FTE Trainer | 85 franchised outlets (51 FTE trainers aggregate) | 85 | 161,701.68 | not disclosed | not disclosed | not disclosed | | not disclosed | +| Gross Profit Less Disclosed Expenses | Affiliate Owned Locations (3 units, Long Island, NY) | 3 | 154,592 | not disclosed | not disclosed | not disclosed | 2023 | 45 | +| Gross Profit Less Disclosed Expenses / Franchisee Related Expenses | Affiliate Owned Locations (3 units, Long Island, NY) | 3 | 130,489.33 | not disclosed | not disclosed | not disclosed | 2023 | 45 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2022 | 95 | 15 | 0 | 0 | 0 | 13 | 3 | 97 | +| 2023 | 97 | 26 | 0 | 0 | 0 | 4 | 6 | 119 | +| 2024 | 119 | 30 | 13 | 0 | 14 | 6 | 3 | 116 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 130,644 +- investment_midpoint_usd: 133,050 +- revenue_to_investment: 0.98 +- royalty_pct: 7 +- revenue_per_royalty_point_usd: 18,663 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 92,100 | 7 | 52 | 253,425 | lowest first | Boutique Group Fitness | +| fee_low | 49,500 | 38 | 53 | 40,000 | lowest first | Boutique Group Fitness | +| royalty | 7 | 24 | 50 | 7 | lowest first | Boutique Group Fitness | +| allin | 9 | 27 | 50 | 8.5 | lowest first | Boutique Group Fitness | +| outlets | 132 | 11 | 53 | 30 | highest first | Boutique Group Fitness | +| growth | 33.3 | 3 | 23 | -10.5 | highest first | Boutique Group Fitness | +| closure | 11.6 | 14 | 23 | 11.1 | lowest first | Boutique Group Fitness | + +## Similar alternatives (closest first) +1. Fly to Fit Bungee Fitness Studio (same sub-category; investment from $94,200) +2. Special Strong (same sub-category; investment from $89,750) +3. ServiceRX (same sub-category; investment from $64,175) +4. Club KO (same sub-category; investment from $127,962) +5. A.E.S. Fitness (same sub-category; investment from $55,950) +6. Soldierfit (same sub-category; investment from $136,684) +7. Farrell's eXtreme Bodyshaping (same sub-category; investment from $151,028) +8. 9Round (same sub-category; investment from $160,449) +9. Moms on the RUN (same sub-category; investment from $13,900) +10. Fit4mom (same sub-category; investment from $8,245) + + +--- + +# Hand and Stone Massage and Facial Spa + +- Brand slug: hand-and-stone-massage-and-facial-spa +- Legal name: HAND AND STONE FRANCHISE LLC +- Industry: Fitness & Wellness +- FDD year: 2026 (WI) +- Source: https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=640845&hash=2025006140&search=external&type=GENERAL +- FranchiseDepth page: https://franchisedepth.com/franchise/hand-and-stone-massage-and-facial-spa/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 49,500 +- initial_fee_high_usd: 49,500 +- royalty_pct: 6 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 1 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 761 +- total_investment_low_usd: 320,891 +- total_investment_high_usd: 864,729 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard new franchisee fee is $49,500; existing franchisee additional units $39,500; VetFran 20% discount applies. In 2025 a conversion program waived fees for select conversions so fees ranged $0-$49,500. Area development minimum 3-spa package total $103,500 standard ($34,500/spa). + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 615 +- franchised_outlets: 600 +- company_outlets: 15 +- states_count: 38 +- closure_rate_pct: 0.6 +- closures: 9 +- closures_not_itemized: 0 +- reacquired: 1 +- franchised_outlet_years: 1594 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 13.5 +- growth_outlets_from: 542 +- growth_outlets_to: 615 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 7 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 1,236,266 +- basis: median, 570 Franchised Outlets open 12 months or more, Calendar Year 2025 (570 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Average Gross Sales — Corporate Spas Total | 15 Corporate Spas open 12 months or more, Calendar Year 2025 | 15 | 2,281,726 | 2,407,611 | 1,197,779 | 3,259,296 | 2025 calendar year | not disclosed | +| Average Gross Sales — Corporate Spas Top 25% | Top 25% of 15 Corporate Spas, Calendar Year 2025 | 4 | 3,033,222 | 3,087,976 | 2,697,639 | 3,259,296 | 2025 calendar year | not disclosed | +| Average Gross Sales — Corporate Spas Second 25% | Second 25% of 15 Corporate Spas, Calendar Year 2025 | 3 | 2,543,674 | 2,520,398 | 2,467,475 | 2,643,151 | 2025 calendar year | not disclosed | +| Average Gross Sales — Corporate Spas Third 25% | Third 25% of 15 Corporate Spas, Calendar Year 2025 | 4 | 2,081,525 | 2,084,771 | 1,748,946 | 2,407,611 | 2025 calendar year | not disclosed | +| Average Gross Sales — Corporate Spas Bottom 25% | Bottom 25% of 15 Corporate Spas, Calendar Year 2025 | 4 | 1,533,971 | 1,621,564 | 1,197,779 | 1,694,979 | 2025 calendar year | not disclosed | +| Average Gross Sales — Franchised Outlets Total | 570 Franchised Outlets open 12 months or more, Calendar Year 2025 | 570 | 1,334,936 | 1,236,266 | 145,813 | 4,394,479 | 2025 calendar year | not disclosed | +| Average Gross Sales — Franchised Outlets Top 25% | Top 25% of 570 Franchised Outlets, Calendar Year 2025 | 135 | 2,277,452 | 2,111,067 | 1,720,132 | 4,394,479 | 2025 calendar year | not disclosed | +| Average Gross Sales — Franchised Outlets Second 25% | Second 25% of 570 Franchised Outlets, Calendar Year 2025 | 143 | 1,469,435 | 1,466,559 | 1,264,389 | 1,719,338 | 2025 calendar year | not disclosed | +| Average Gross Sales — Franchised Outlets Third 25% | Third 25% of 570 Franchised Outlets, Calendar Year 2025 | 145 | 1,042,031 | 1,040,113 | 853,658 | 1,264,274 | 2025 calendar year | not disclosed | +| Average Gross Sales — Franchised Outlets Bottom 25% | Bottom 25% of 570 Franchised Outlets, Calendar Year 2025 | 147 | 627,439 | 633,540 | 145,813 | 853,147 | 2025 calendar year | not disclosed | +| Average Gross Sales — All Outlets Total | 585 outlets (570 franchised + 15 corporate) open 12 months or more, Calendar Year 2025 | 585 | 1,359,212 | 1,264,274 | 145,813 | 4,394,479 | 2025 calendar year | not disclosed | +| Average Massage Service Sales — Franchised Outlets Total | 570 Franchised Outlets open 12 months or more, Calendar Year 2025 | 570 | 795,502 | 715,529 | 63,797 | 2,186,824 | 2025 calendar year | not disclosed | +| Average Facial Service Sales — Franchised Outlets Total | 570 Franchised Outlets open 12 months or more, Calendar Year 2025 | 570 | 351,588 | 319,108 | 240 | 1,590,921 | 2025 calendar year | not disclosed | +| Average Product Sales — Franchised Outlets Total | 570 Franchised Outlets open 12 months or more, Calendar Year 2025 | 570 | 49,223 | 41,822 | 268 | 299,133 | 2025 calendar year | not disclosed | +| Average Gift Card Sales — Franchised Outlets Total | 570 Franchised Outlets open 12 months or more, Calendar Year 2025 | 570 | 146,413 | 126,483 | 21,754 | 725,828 | 2025 calendar year | not disclosed | +| Table 6b Gross Sales — Franchised Outlets with Expenses Total | 134 of 600 Franchised Outlets reporting expenses, Calendar Year 2025 | 134 | 1,402,246 | 1,280,006 | 392,276 | 4,394,479 | 2025 calendar year | not disclosed | +| Labor and Benefit Costs — Franchised Outlets Total (Table 6b) | 134 Franchised Outlets reporting expenses, Calendar Year 2025 | 134 | 704,996 | 617,112 | 237,633 | 2,198,568 | 2025 calendar year | not disclosed | +| Occupancy Costs — Franchised Outlets Total (Table 6b) | 134 Franchised Outlets reporting expenses, Calendar Year 2025 | 134 | 140,089 | 138,203 | 60,985 | 248,269 | 2025 calendar year | not disclosed | +| Table 6a Gross Sales — Corporate Spas Total | 15 Corporate Spas, Calendar Year 2025 | 15 | 2,281,726 | 2,407,611 | 1,197,779 | 3,259,296 | 2025 calendar year | not disclosed | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 487 | 43 | 2 | 0 | 1 | 0 | not disclosed | 527 | +| 2024 | 527 | 55 | 0 | 0 | 0 | 2 | not disclosed | 580 | +| 2025 | 580 | 25 | 4 | 0 | 0 | 1 | not disclosed | 600 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 1 +- renewal_term_years: 10 +- renewal_fee: renewal fee of equal to 25% of then current initial franchise fee +- transfer_fee: transfer fee equal to 50% of the then current initial franchise fee +- cure_period_days: 30 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 10 +- dispute_resolution: mediation +- governing_law_state: PA +- fdd_page: 46 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 1,236,266 +- investment_midpoint_usd: 592,810 +- revenue_to_investment: 2.09 +- royalty_pct: 6 +- revenue_per_royalty_point_usd: 206,044 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 320,891 | 5 | 13 | 476,459 | lowest first | Massage & Facial Spa | +| fee_low | 49,500 | 9 | 13 | 40,000 | lowest first | Massage & Facial Spa | +| royalty | 6 | 3 | 13 | 6 | lowest first | Massage & Facial Spa | +| allin | 7 | 3 | 13 | 7.75 | lowest first | Massage & Facial Spa | +| outlets | 615 | 2 | 13 | 64 | highest first | Massage & Facial Spa | +| growth | 13.5 | 3 | 9 | 5.8 | highest first | Massage & Facial Spa | +| closure | 0.6 | 4 | 9 | 1 | lowest first | Massage & Facial Spa | + +## Similar alternatives (closest first) +1. Viyada Thai SPA (same sub-category; investment from $311,400) +2. LaVida Massage (same sub-category; investment from $293,250) +3. Cloud 9 Foot Spa (same sub-category; investment from $262,450) +4. Massage Heights (same sub-category; investment from $472,199) +5. The NOW (same sub-category; investment from $476,459) +6. Spavia (same sub-category; investment from $495,800) +7. Brilliant Massage & Skin (same sub-category; investment from $120,767) +8. Elements Massage (same sub-category; investment from $567,239) +9. MassageLuXe (same sub-category; investment from $570,900) +10. Heyday (same sub-category; investment from $574,000) diff --git a/profiles_by_industry/food-quick-service.md b/profiles_by_industry/food-quick-service.md new file mode 100644 index 0000000000000000000000000000000000000000..f48f11871f99fc10ead6dfbfecd74bac81bc102b --- /dev/null +++ b/profiles_by_industry/food-quick-service.md @@ -0,0 +1,211 @@ +# Food Quick Service franchises: 2 brand profiles (FranchiseDepth FDD Database) + +# Applebee's Neighborhood Grill & Bar + +- Brand slug: applebee-s-neighborhood-grill-bar +- Legal name: APPLEBEE'S FRANCHISOR LLC +- Industry: Food Quick Service +- FDD year: 2026 (NASAA EFD) +- Source: https://www.nasaaefd.org/Franchise/Search +- FranchiseDepth page: https://franchisedepth.com/franchise/applebee-s-neighborhood-grill-bar/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 35,000 +- initial_fee_high_usd: 50,000 +- royalty_pct: 4 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 4.25 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 3,192,516 +- total_investment_high_usd: 5,076,178 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Celebration prototype (current new-build design; none open yet): $3,192,516–$5,076,178, excluding real estate. The discontinued Tower II prototype costs $3,870,004–$5,822,933. A Dual Branded Restaurant (combined IHOP and Applebee's cost, by conversion or ground-up construction) costs $616,682–$4,632,445. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 1,475 +- franchised_outlets: 1,416 +- company_outlets: 59 +- states_count: 49 +- closure_rate_pct: 2.5 +- closures: 113 +- closures_not_itemized: 0 +- reacquired: 59 +- franchised_outlet_years: 4586 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -4.3 +- growth_outlets_from: 1,542 +- growth_outlets_to: 1,475 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 8.25 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 2,822,904 +- basis: median, Traditional Franchised Restaurants - All Regions (1,351 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Annualized Average Gross Sales | Traditional Franchised Restaurants - Midwest Region | 403 | 2,662,918 | 2,545,951 | 1,053,693 | 5,011,435 | 12 months, December 30, 2024 to December 28, 2025 | 53 | +| Annualized Average Gross Sales | Traditional Franchised Restaurants - Northeast Region | 279 | 3,830,089 | 3,609,473 | 1,994,980 | 10,150,710 | 12 months, December 30, 2024 to December 28, 2025 | 53 | +| Annualized Average Gross Sales | Traditional Franchised Restaurants - South Region | 419 | 2,450,367 | 2,361,192 | 1,086,609 | 5,036,244 | 12 months, December 30, 2024 to December 28, 2025 | 53 | +| Annualized Average Gross Sales | Traditional Franchised Restaurants - West Region | 250 | 3,292,418 | 3,224,283 | 1,733,894 | 5,754,375 | 12 months, December 30, 2024 to December 28, 2025 | 53 | +| Annualized Average Gross Sales | Traditional Franchised Restaurants - All Regions | 1,351 | 2,954,522 | 2,822,904 | 1,053,693 | 10,150,710 | 12 months, December 30, 2024 to December 28, 2025 | 53 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 1,575 | 4 | 2 | 3 | 0 | 32 | not disclosed | 1,542 | +| 2024 | 1,542 | 0 | 0 | 6 | 47 | 29 | not disclosed | 1,460 | +| 2025 | 1,460 | 9 | 0 | 8 | 12 | 33 | not disclosed | 1,416 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 2,822,904 +- investment_midpoint_usd: 4,134,347 +- revenue_to_investment: 0.68 +- royalty_pct: 4 +- revenue_per_royalty_point_usd: 705,726 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 3,192,516 | 62 | 67 | 729,000 | lowest first | Casual Dining | +| fee_low | 35,000 | 21 | 67 | 39,500 | lowest first | Casual Dining | +| royalty | 4 | 5 | 67 | 5 | lowest first | Casual Dining | +| allin | 8.25 | 56 | 67 | 7 | lowest first | Casual Dining | +| outlets | 1,475 | 1 | 67 | 34 | highest first | Casual Dining | +| growth | -4.3 | 25 | 35 | -2.2 | highest first | Casual Dining | +| closure | 2.5 | 7 | 28 | 4.25 | lowest first | Casual Dining | + +## Similar alternatives (closest first) +1. Twin Peaks (same sub-category; investment from $2,959,000) +2. Patsy's Italian Restaurant (same sub-category; investment from $2,853,500) +3. Fogo de Chão (same sub-category; investment from $2,680,000) +4. Ruth's Chris Steak House (same sub-category; investment from $2,502,000) +5. Chili's (same sub-category; investment from $3,959,695) +6. Carrabba's Italian Grill (same sub-category; investment from $4,260,000) +7. Bombshells Restaurant and Bar (same sub-category; investment from $2,094,000) +8. Outback Steakhouse (same sub-category; investment from $4,303,000) +9. Bonefish Grill (same sub-category; investment from $4,303,000) +10. Honest (same sub-category; investment from $1,862,000) + + +--- + +# Baja Fresh + +- Brand slug: baja-fresh +- Legal name: BF Acquisition Holdings, LLC +- Industry: Food Quick Service +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/baja-fresh/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 10,000 +- initial_fee_high_usd: 30,000 +- royalty_pct: 5 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 3 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 130 +- total_investment_low_usd: 428,560 +- total_investment_high_usd: 1,034,290 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Traditional Restaurant: $30,000 (first unit), reduced to $15,000 for second and subsequent traditional restaurants. Non-Traditional Restaurant: $20,000 (first unit), reduced to $10,000 for second and subsequent non-traditional restaurants. Eligible Military (active, active reserve, or honorably discharged) and federally recognized 501(c)(3) organizations receive a 20% discount on the Initial Franchise Fee. No refunds under any circumstances. Fee is waived for transfer or renewal signings. Franchisor may periodically reduce the fee for limited-time promotions. Technology fees are a $55 per month POS Help Desk fee plus a POS data polling fee of up to $75 per month. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 68 +- franchised_outlets: 67 +- company_outlets: 1 +- states_count: 11 +- closure_rate_pct: 7.6 +- closures: 16 +- closures_not_itemized: 0 +- reacquired: 6 +- franchised_outlet_years: 211 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -12.8 +- growth_outlets_from: 78 +- growth_outlets_to: 68 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 8 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 813,419 +- basis: median, All franchised outlets (65 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Average Gross Sales / Median Gross Sales | All franchised outlets | 65 | 822,568 | 813,419 | not disclosed | not disclosed | December 1, 2024 through November 30, 2025 | 83 | +| Average Gross Sales / Median Gross Sales | Top 20% franchised outlets | 13 | 1,283,451 | 1,222,206 | not disclosed | not disclosed | December 1, 2024 through November 30, 2025 | 83 | +| Average Gross Sales / Median Gross Sales | Bottom 20% franchised outlets | 13 | 359,747 | 406,368 | not disclosed | not disclosed | December 1, 2024 through November 30, 2025 | 83 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 77 | 1 | 0 | 1 | 6 | 5 | 3 | 67 | +| 2024 | 67 | 1 | 0 | 1 | 0 | 4 | 1 | 67 | +| 2025 | 67 | 1 | 0 | 3 | 0 | 2 | 2 | 67 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 1 +- renewal_term_years: 5 +- renewal_fee: Pay a renewal franchise fee (amount not specified in Item 17 table; renewal FA may have materially different terms including higher royalty and advertising fees) +- transfer_fee: Transfer franchise fee and transfer training fee paid (amounts not specified in Item 17 table) +- cure_period_days: 14 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 10 +- dispute_resolution: arbitration +- governing_law_state: not disclosed +- fdd_page: 75 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 813,419 +- investment_midpoint_usd: 731,425 +- revenue_to_investment: 1.11 +- royalty_pct: 5 +- revenue_per_royalty_point_usd: 162,684 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 428,560 | 18 | 40 | 440,350 | lowest first | Mexican | +| fee_low | 10,000 | 4 | 42 | 35,000 | lowest first | Mexican | +| royalty | 5 | 3 | 40 | 5 | lowest first | Mexican | +| allin | 8 | 25 | 40 | 7 | lowest first | Mexican | +| outlets | 68 | 12 | 40 | 22.5 | highest first | Mexican | +| growth | -12.8 | 17 | 20 | -6.75 | highest first | Mexican | +| closure | 7.6 | 13 | 17 | 6.2 | lowest first | Mexican | + +## Similar alternatives (closest first) +1. Lucha Libre Gourmet Taco Shop (same sub-category; investment from $431,000) +2. Burrito Parrilla Mexicana (same sub-category; investment from $437,000) +3. Super Mex (same sub-category; investment from $418,644) +4. Barrio Burrito Bar (same sub-category; investment from $418,620) +5. California Tortilla (same sub-category; investment from $443,700) +6. Taco Pros (same sub-category; investment from $456,500) +7. Tijuana Flats (same sub-category; investment from $469,550) +8. Taco Maya (same sub-category; investment from $369,000) +9. Tio Juan's Margaritas Mexican Restaurant (same sub-category; investment from $488,800) +10. TacoTime (same sub-category; investment from $365,650) diff --git a/profiles_by_industry/health-medical.md b/profiles_by_industry/health-medical.md new file mode 100644 index 0000000000000000000000000000000000000000..5c52c7285d9778ae5b9cf9d8b64ca911006af98c --- /dev/null +++ b/profiles_by_industry/health-medical.md @@ -0,0 +1,286 @@ +# Health & Medical franchises: 2 brand profiles (FranchiseDepth FDD Database) + +# The Joint + +- Brand slug: the-joint +- Legal name: The Joint Corp +- Industry: Health & Medical +- FDD year: 2025 (NASAA EFD) +- Source: https://www.nasaaefd.org/Franchise/Search +- FranchiseDepth page: https://franchisedepth.com/franchise/the-joint/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 39,900 +- initial_fee_high_usd: 39,900 +- royalty_pct: 7 +- royalty_min_monthly_usd: 700 +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 599 +- total_investment_low_usd: 245,250 +- total_investment_high_usd: 543,000 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard $39,900. 2025 Sales Incentive: Franchise Agreements signed in 2025 (through December 31, 2025) received an additional 50% discount off the initial franchise fee ($19,950 instead of $39,900). Veterans $6K discount ($33,900). Multi-clinic $10K discount per additional unit ($29,900). DC Path to Ownership $19,900 discount ($20,000). Non-combinable except 2025 Incentive. Local Advertising Commitment: the franchisee must spend the greater of 5% of Gross Sales or $3,000 per month on local advertising, paid to third parties and in addition to the Brand Fund Fee; compliance is measured on a rolling 6-month basis, and a shortfall may be charged at 10% of the deficiency, paid into the Brand Fund. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 970 +- franchised_outlets: 845 +- company_outlets: 125 +- states_count: 41 +- closure_rate_pct: 1.6 +- closures: 33 +- closures_not_itemized: 0 +- reacquired: 19 +- franchised_outlet_years: 2122 +- closure_year_from: 2022 +- closure_year_to: 2024 +- closure_ranking_eligible: yes +- growth_pct: 15.8 +- growth_outlets_from: 838 +- growth_outlets_to: 970 +- growth_year_from: 2022 +- growth_year_to: 2024 +- growth_ranking_eligible: yes +- all_in_fee_pct: 9 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 527,787 +- basis: median, All 785 Franchised Clinics (785 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Gross Sales | Quartile 1 (Top 25%) | 196 | 913,466 | 859,413 | 709,832 | 1,941,371 | Calendar Year 2024 | 54 | +| Gross Sales | Quartile 2 | 196 | 606,178 | 598,158 | 528,193 | 707,745 | Calendar Year 2024 | 54 | +| Gross Sales | Quartile 3 | 196 | 456,472 | 458,545 | 386,649 | 527,787 | Calendar Year 2024 | 54 | +| Gross Sales | Quartile 4 (Bottom 25%) | 197 | 303,525 | 314,895 | 122,807 | 386,417 | Calendar Year 2024 | 54 | +| Gross Sales | All 785 Franchised Clinics | 785 | 569,571 | 527,787 | 122,807 | 1,941,371 | Calendar Year 2024 | 54 | +| Net Profit | All Qualifying Outlets (406 Franchised) | 406 | 105,050 | 91,488 | -154,839 | 721,629 | Calendar Year 2024 | 54 | +| Net Profit | $1M+ Gross Sales (26 Clinics) | 26 | 354,878 | 359,774 | 161,790 | 721,629 | Calendar Year 2024 | 55 | +| Net Profit | Quartile 1 | 102 | 248,208 | 233,132 | 13,828 | 721,629 | Calendar Year 2024 | 55 | +| Net Profit | Quartile 2 | 101 | 128,663 | 123,390 | -51,377 | 268,186 | Calendar Year 2024 | 55 | +| Net Profit | Quartile 3 | 101 | 62,556 | 59,820 | -108,150 | 200,453 | Calendar Year 2024 | 56 | +| Net Profit | Quartile 4 | 102 | -19,413 | -15,383 | -154,839 | 75,866 | Calendar Year 2024 | 56 | +| Weekly Patient Visits (Total) | Quartile 1 | 196 | 489 | 467 | 380 | 845 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (Total) | Quartile 2 | 196 | 324 | 320 | 280 | 380 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (Total) | Quartile 3 | 196 | 241 | 243 | 203 | 279 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (Total) | Quartile 4 | 197 | 162 | 167 | 64 | 202 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (Total) | All 785 Clinics | 785 | 304 | 279 | 64 | 845 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (New Patients) | Quartile 1 | 196 | 31 | 28 | 23 | 78 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (New Patients) | Quartile 2 | 196 | 20 | 20 | 18 | 23 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (New Patients) | Quartile 3 | 196 | 16 | 15 | 13 | 18 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (New Patients) | Quartile 4 | 197 | 11 | 11 | 4 | 13 | Calendar Year 2024 | 57 | +| Weekly Patient Visits (New Patients) | All 785 Clinics | 785 | 19 | 18 | 4 | 78 | Calendar Year 2024 | 57 | +| Active Members (Monthly) | Quartile 1 | 196 | 980 | 901 | 743 | 2,864 | Calendar Year 2024 | 57 | +| Active Members (Monthly) | Quartile 2 | 196 | 642 | 638 | 545 | 742 | Calendar Year 2024 | 57 | +| Active Members (Monthly) | Quartile 3 | 196 | 463 | 465 | 381 | 545 | Calendar Year 2024 | 57 | +| Active Members (Monthly) | Quartile 4 | 197 | 295 | 312 | 146 | 381 | Calendar Year 2024 | 57 | +| Active Members (Monthly) | All 785 Clinics | 785 | 595 | 545 | 146 | 2,864 | Calendar Year 2024 | 57 | +| Gross Sales Ramp Up | Month 1 (57 new clinics 2024) | 57 | 8,217 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 2 (55 clinics) | 55 | 16,240 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 3 (51 clinics) | 51 | 20,995 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 4 (46 clinics) | 46 | 23,313 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 5 (43 clinics) | 43 | 24,720 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 6 (40 clinics) | 40 | 25,982 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 7 (32 clinics) | 32 | 27,282 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 8 (28 clinics) | 28 | 27,339 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 9 (24 clinics) | 24 | 29,446 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 10 (23 clinics) | 23 | 30,379 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 11 (15 clinics) | 15 | 29,939 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | +| Gross Sales Ramp Up | Month 12 (8 clinics) | 8 | 32,029 | not disclosed | not disclosed | not disclosed | Monthly Gross Sales, clinics opened in 2024, measured through December 31, 2024 | 57 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2022 | 610 | 123 | 0 | 0 | 16 | 5 | 46 | 712 | +| 2023 | 712 | 104 | 0 | 1 | 3 | 12 | 24 | 800 | +| 2024 | 800 | 60 | 0 | 0 | 0 | 15 | 41 | 845 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 1 +- renewal_term_years: 10 +- renewal_fee: You must: not be in default; give us timely notice; sign then-current form of franchise agreement and related documents; sign general release (subject to state law); pay renewal fee; pay clinic design fee and remodel Clinic in accordance with new Clinic Design; upgrade furniture, fixtures and equipment to current standards; and extend lease for duration of renewal term. +- transfer_fee: You must: be in compliance with Franchise Agreement; assign lease (if applicable); pay transfer fee; subordinate transferee's ongoing payments owed to you (if any) to transferee's financial obligations owed to us; and sign general release (subject to state law). +- cure_period_days: 30 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 10 +- dispute_resolution: mediation +- governing_law_state: AZ +- fdd_page: 46 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 527,787 +- investment_midpoint_usd: 394,125 +- revenue_to_investment: 1.34 +- royalty_pct: 7 +- revenue_per_royalty_point_usd: 75,398 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 245,250 | 6 | 8 | 159,300 | lowest first | Chiropractic | +| fee_low | 39,900 | 4 | 8 | 39,950 | lowest first | Chiropractic | +| royalty | 7 | 31 | 72 | 7 | lowest first | Health & Medical | +| allin | 9 | 39 | 72 | 8 | lowest first | Health & Medical | +| outlets | 970 | 1 | 8 | 71 | highest first | Chiropractic | +| growth | 15.8 | 16 | 35 | 11.4 | highest first | Health & Medical | +| closure | 1.6 | 7 | 33 | 5.6 | lowest first | Health & Medical | + +## Similar alternatives (closest first) +1. Maxliving (same sub-category; investment from $167,600) +2. Pure Health Chiropractic (same sub-category; investment from $151,000) +3. 100% Chiropractic (same sub-category; investment from $339,742) +4. ChiroWay (same sub-category; investment from $113,350) +5. Federal Injury Centers (same sub-category; investment from $94,300) +6. The Wellness Way (same sub-category; investment from $75,400) +7. HealthSource Chiropractic (same sub-category; investment from $435,932) +8. Hydrate IV Bar (same industry; investment from $242,050) +9. Positive Reset (same industry; investment from $240,550) +10. QC Kinetix® (same industry; investment from $250,100) + + +--- + +# VIO Med Spa + +- Brand slug: vio-med-spa +- Legal name: VIO Franchise Group, LLC +- Industry: Health & Medical +- FDD year: 2026 (NASAA EFD) +- Source: https://www.nasaaefd.org/Franchise/Search +- FranchiseDepth page: https://franchisedepth.com/franchise/vio-med-spa/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 50,000 +- initial_fee_high_usd: 50,000 +- royalty_pct: 6 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 1.5 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 200 +- total_investment_low_usd: 642,722 +- total_investment_high_usd: 1,109,954 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Single-unit Franchise Agreement: $50,000 non-refundable. Multi-Unit Development Agreement adds $40,000 for second location, $33,000 for each additional (3-10 total). Local marketing spend must be at least 6% of monthly Gross Sales in months 1 through 24. After month 24 the minimum is 4% of Gross Sales in a calendar year that follows a year in which the Minimum Gross Sales Requirements were met ($750,000 in year 1, $1,000,000 in year 2, $1,250,000 in year 3 and each later year). The minimum is 2.5% of Gross Sales after a year with $3,000,000 in Gross Sales, and 1.5% after a year with $4,000,000. The minimum stays at 6% of Gross Sales in a year that follows a missed Minimum Gross Sales Requirement. A local marketing shortfall may have to be contributed to the Brand Development Fund. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 64 +- franchised_outlets: 62 +- company_outlets: 2 +- states_count: 20 +- closure_rate_pct: 3.1 +- closures: 3 +- closures_not_itemized: 0 +- reacquired: 1 +- franchised_outlet_years: 97 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 88.2 +- growth_outlets_from: 34 +- growth_outlets_to: 64 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 7.5 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 1,125,341 +- basis: median, All Operational Franchise Outlets (51 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Total Spa Gross Sales | Company Owned Outlet 1 | 1 | 4,281,567 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| Gross Profit | Company Owned Outlet 1 | 1 | 2,496,275 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| EBITDA | Company Owned Outlet 1 | 1 | 1,092,144 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| Adjusted EBITDA | Company Owned Outlet 1 | 1 | 771,026 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| Total Spa Gross Sales | Company Owned Outlet 2 | 1 | 2,808,847 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| Gross Profit | Company Owned Outlet 2 | 1 | 1,677,051 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| EBITDA | Company Owned Outlet 2 | 1 | 625,734 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| Adjusted EBITDA | Company Owned Outlet 2 | 1 | 415,070 | not disclosed | not disclosed | not disclosed | 2025 calendar year | not disclosed | +| Gross Sales | All Operational Franchise Outlets | 51 | 1,254,631 | 1,125,341 | 236,722 | 5,931,838 | 2025 calendar year | not disclosed | +| Gross Sales | Operational Franchise Outlets Operating for Two or More Calendar Years | 31 | 1,378,225 | 1,192,826 | 237,579 | 5,931,838 | 2025 calendar year | not disclosed | +| Gross Sales | Operational Franchise Outlets Operating for Three or More Calendar Years | 13 | 1,678,301 | 1,236,572 | 245,100 | 5,931,838 | 2025 calendar year | not disclosed | +| Gross Sales | Operational Franchise Outlets Operating for Four or More Calendar Years | 7 | 2,318,926 | 1,473,799 | 1,192,826 | 5,931,838 | 2025 calendar year | not disclosed | +| Gross Sales | All Operational Franchise Outlets: 1st Quartile (13 of 51 outlets) | 13 | 2,320,621 | 2,063,997 | 1,473,799 | 5,931,838 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets: 2nd Quartile (13 of 51 outlets) | 13 | 1,250,076 | 1,236,572 | 1,125,341 | 1,395,321 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets: 3rd Quartile (13 of 51 outlets) | 13 | 914,836 | 899,446 | 754,211 | 1,067,852 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets: 4th Quartile (12 of 51 outlets) | 12 | 472,854 | 466,525 | 236,722 | 699,636 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets Operating for Two or More Calendar Years: 1st Quartile (8 of 31 outlets) | 8 | 2,661,146 | 2,273,582 | 1,525,964 | 5,931,838 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets Operating for Two or More Calendar Years: 2nd Quartile (8 of 31 outlets) | 8 | 1,316,262 | 1,274,507 | 1,192,826 | 1,480,497 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets Operating for Two or More Calendar Years: 3rd Quartile (8 of 31 outlets) | 8 | 937,048 | 967,000 | 699,636 | 1,125,341 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets Operating for Two or More Calendar Years: 4th Quartile (7 of 31 outlets) | 7 | 487,045 | 519,442 | 237,579 | 673,939 | 2025 calendar year | 69 | +| Gross Sales | All Operational Franchise Outlets Operating for Three or More Calendar Years: 1st Quartile (3 of 13 outlets) | 3 | 4,002,970 | 3,583,914 | 2,493,158 | 5,931,838 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Three or More Calendar Years: 2nd Quartile (3 of 13 outlets) | 3 | 1,429,111 | 1,473,799 | 1,280,449 | 1,533,086 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Three or More Calendar Years: 3rd Quartile (3 of 13 outlets) | 3 | 1,127,851 | 1,192,826 | 954,154 | 1,236,572 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Three or More Calendar Years: 4th Quartile (4 of 13 outlets) | 4 | 534,529 | 596,690 | 245,100 | 699,636 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Four or More Calendar Years: 1st Quartile (2 of 7 outlets) | 2 | 4,757,876 | 4,757,876 | 3,583,914 | 5,931,838 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Four or More Calendar Years: 2nd Quartile (2 of 7 outlets) | 2 | 1,503,443 | 1,503,443 | 1,473,799 | 1,533,086 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Four or More Calendar Years: 3rd Quartile (2 of 7 outlets) | 2 | 1,258,510 | 1,258,510 | 1,236,572 | 1,280,449 | 2025 calendar year | 70 | +| Gross Sales | All Operational Franchise Outlets Operating for Four or More Calendar Years: 4th Quartile (1 of 7 outlets) | 1 | 1,192,826 | 1,192,826 | 1,192,826 | 1,192,826 | 2025 calendar year | 70 | +| Payroll and Labor | Company Owned Outlet 1 | 1 | 22 | not disclosed | not disclosed | not disclosed | 2025 calendar year | 66 | +| Rent | Company Owned Outlet 1 | 1 | 1.8 | not disclosed | not disclosed | not disclosed | 2025 calendar year | 66 | +| Payroll and Labor | Company Owned Outlet 2 | 1 | 22.7 | not disclosed | not disclosed | not disclosed | 2025 calendar year | 67 | +| Rent | Company Owned Outlet 2 | 1 | 2 | not disclosed | not disclosed | not disclosed | 2025 calendar year | 67 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 15 | 14 | 0 | 0 | 0 | 0 | not disclosed | 29 | +| 2024 | 29 | 25 | 0 | 0 | 1 | 0 | not disclosed | 53 | +| 2025 | 53 | 12 | 1 | 0 | 0 | 2 | not disclosed | 62 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 1 +- renewal_term_years: 10 +- renewal_fee: pay a renewal fee, remodel and upgrade you're the facility of your Spa Location Franchise to meet our standards and specifications, secure and possess the legal right to continue to occupy the premises of your Spa Location, and meet all other renewal requirements contained in the Franchise Agreement. +- transfer_fee: you pay the transfer fee +- cure_period_days: 30 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 25 +- dispute_resolution: arbitration +- governing_law_state: OH +- fdd_page: 53 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 1,125,341 +- investment_midpoint_usd: 876,338 +- revenue_to_investment: 1.28 +- royalty_pct: 6 +- revenue_per_royalty_point_usd: 187,557 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 642,722 | 71 | 80 | 192,237.5 | lowest first | Health & Medical | +| fee_low | 50,000 | 48 | 73 | 40,000 | lowest first | Health & Medical | +| royalty | 6 | 15 | 72 | 7 | lowest first | Health & Medical | +| allin | 7.5 | 22 | 72 | 8 | lowest first | Health & Medical | +| outlets | 64 | 30 | 76 | 30 | highest first | Health & Medical | +| growth | 88.2 | 3 | 35 | 11.4 | highest first | Health & Medical | +| closure | 3.1 | 11 | 33 | 5.6 | lowest first | Health & Medical | + +## Similar alternatives (closest first) +1. PÜR Life® Medical (same sub-category; investment from $649,949) +2. Serotonin (same sub-category; investment from $665,634) +3. Restore Hyper Wellness (same sub-category; investment from $762,448) +4. The Tox (same sub-category; investment from $331,500) +5. Gameday Men's Health (same sub-category; investment from $224,575) +6. Capital Laser (same sub-category; investment from $113,750) +7. Zeiss Vision Center (same industry; investment from $605,000) +8. Vital Care (same industry; investment from $555,750) +9. Clear Lakes Dental (same industry; investment from $554,300) +10. 4ever Young (same industry; investment from $522,650) diff --git a/profiles_by_industry/outdoor.md b/profiles_by_industry/outdoor.md new file mode 100644 index 0000000000000000000000000000000000000000..74d709414b9ce0c648f38f847bb30361ed2cd7c3 --- /dev/null +++ b/profiles_by_industry/outdoor.md @@ -0,0 +1,115 @@ +# Outdoor franchises: 1 brand profiles (FranchiseDepth FDD Database) + +# Decorate With Lights + +- Brand slug: decorate-with-lights +- Legal name: DWL Corp +- Industry: Outdoor +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/decorate-with-lights/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 10,000 +- initial_fee_high_usd: 10,000 +- royalty_pct: 8 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 36,200 +- total_investment_high_usd: 70,450 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +2nd territory $7,500; larger territories at $1/home over 50,000. Non-refundable. Minimum local marketing spend of $12,500 for a single unit territory during the first full Peak Season. From the second calendar year of operation, the franchisee must spend annually the greater of 5% of Gross Sales or $15,000 on local advertising. Advertising Cooperative contributions (currently $0; up to $25,000 per calendar year) are credited toward the local advertising expenditure. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 128 +- franchised_outlets: 105 +- company_outlets: 23 +- states_count: 12 +- closure_rate_pct: 6.9 +- closures: 23 +- closures_not_itemized: 3 +- reacquired: 0 +- franchised_outlet_years: 331 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 8.5 +- growth_outlets_from: 118 +- growth_outlets_to: 128 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 10 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 30,108 +- basis: median, All franchisees operating all of 2025 (system wide), per franchisee (18 owners; average 5.1 territories each) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Revenue, July–December 2024 total (6 months) | Company-controlled location, Raleigh, NC (operated by DWL's Director of Operations, an employee) | 1 | 130,379 | not disclosed | not disclosed | not disclosed | July–December 2024 | 43 | +| Average Ticket Price (all jobs) | Company-controlled location, Raleigh, NC (operated by DWL's Director of Operations, an employee) | 1 | 1,366 | not disclosed | not disclosed | not disclosed | Calendar year 2024 | 44 | +| Average Ticket Price (new jobs) | Company-controlled location, Raleigh, NC (operated by DWL's Director of Operations, an employee) | 1 | 2,244 | not disclosed | not disclosed | not disclosed | Calendar year 2024 | 44 | +| Revenue | Existing franchisees (operating all of 2024, more than one year), per franchisee (9 owners) | 9 | 56,614 | 31,934 | 7,548 | 136,326 | Calendar year 2024 | 45 | +| Revenue | First-year franchisees (first full year 2024), per franchisee (4 owners) | 4 | 10,598 | 7,546 | 5,085 | 22,212 | Calendar year 2024 | 45 | +| Ticket Price | Existing franchisees (operating all of 2024, more than one year), per franchisee (9 owners) | 9 | 1,355 | 1,258 | 645 | 2,423 | Calendar year 2024 | 45 | +| Ticket Price | First-year franchisees (first full year 2024), per franchisee (4 owners) | 4 | 1,211 | 1,203 | 876 | 1,582 | Calendar year 2024 | 45 | +| Revenue | All franchisees (Table 7), per franchisee (count not stated) | not disclosed | 56,291 | 22,822 | 9,044 | 151,175 | Calendar year 2022 | 45 | +| Revenue | All franchisees (Table 7), per franchisee (count not stated) | not disclosed | 47,110 | 24,423 | 6,735 | 115,177 | Calendar year 2023 | 45 | +| Revenue | All franchisees (Table 7), per franchisee (13 owners) | 13 | 42,456 | 31,934 | 5,085 | 136,326 | Calendar year 2024 | 45 | +| Ticket Price | All franchisees (Table 7), per franchisee (count not stated) | not disclosed | 1,498 | 1,454 | 481 | 3,888 | Calendar year 2023 | 46 | +| Ticket Price | All franchisees (Table 7), per franchisee (13 owners) | 13 | 1,342 | 1,258 | 645 | 2,423 | Calendar year 2024 | 46 | +| Gross Revenue | Top 33% of franchisees by 2025 revenue, per franchisee (6 owners; average 5.7 territories each) | 6 | 101,747 | 100,073 | 52,711 | 161,453 | Calendar year 2025 | 46 | +| Gross Revenue | Middle 33% of franchisees by 2025 revenue, per franchisee (6 owners; average 4.3 territories each) | 6 | 31,689 | 30,108 | 23,960 | 42,928 | Calendar year 2025 | 46 | +| Gross Revenue | Bottom 33% of franchisees by 2025 revenue, per franchisee (6 owners; average 5.2 territories each) | 6 | 10,502 | 10,153 | 4,352 | 17,671 | Calendar year 2025 | 46 | +| Gross Revenue | All franchisees operating all of 2025 (system wide), per franchisee (18 owners; average 5.1 territories each) | 18 | 47,979 | 30,108 | 4,352 | 161,453 | Calendar year 2025 | 46 | +| Gross Revenue | 1st-year franchisees (operating all of 2025), per franchisee (6 owners; average 3.2 territories each) | 6 | 29,748 | 27,309 | 6,719 | 64,613 | Calendar year 2025 | 46 | +| Gross Revenue | 2nd-year franchisees (2025), per franchisee (2 owners; average 3.5 territories each) | 2 | 26,817 | 26,817 | 23,960 | 29,674 | Calendar year 2025 | 46 | +| Gross Revenue | 3rd-year franchisees (2025), per franchisee (2 owners; average 5.5 territories each) | 2 | 33,975 | 33,975 | 15,239 | 52,711 | Calendar year 2025 | 46 | +| Gross Revenue | 4th-year-and-later franchisees (2025), per franchisee (8 owners; average 6.8 territories each) | 8 | 70,444 | 66,166 | 4,352 | 161,453 | Calendar year 2025 | 46 | +| Average Job Size | All franchisees operating all of 2025 (system wide), per franchisee (18 owners; average 5.1 territories each) | 18 | 1,655.5 | 1,610 | 435 | 3,590 | Calendar year 2025 | 46 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 92 | 32 | 3 | not disclosed | not disclosed | not disclosed | not disclosed | 118 | +| 2024 | 118 | 3 | 0 | 0 | 0 | 0 | not disclosed | 121 | +| 2025 | 121 | 1 | 5 | 0 | 0 | 12 | not disclosed | 105 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 30,108 +- investment_midpoint_usd: 53,325 +- revenue_to_investment: not disclosed +- royalty_pct: 8 +- revenue_per_royalty_point_usd: 3,764 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 36,200 | 4 | 62 | 99,902.5 | lowest first | Outdoor | +| fee_low | 10,000 | 4 | 62 | 40,000 | lowest first | Outdoor | +| royalty | 8 | 34 | 54 | 7 | lowest first | Outdoor | +| allin | 10 | 33 | 54 | 9 | lowest first | Outdoor | +| outlets | 128 | 19 | 60 | 60 | highest first | Outdoor | +| growth | 8.5 | 15 | 39 | 4.6 | highest first | Outdoor | +| closure | 6.9 | 25 | 40 | 5.3 | lowest first | Outdoor | + +## Similar alternatives (closest first) +1. The Decor Group / Christmas Decor (same industry; investment from $38,750) +2. Mosquito Authority (same industry; investment from $39,000) +3. Premier Pool Service / Pinnacle Pool Service (same industry; investment from $43,150) +4. DryJect (same industry; investment from $46,100) +5. Outdoor Lighting Concepts (same industry; investment from $48,000) +6. Pacific Lawn Sprinklers (same industry; investment from $23,800) +7. Superior Mosquito Defense® (same industry; investment from $17,400) +8. NaturaLawn of America (same industry; investment from $57,500) +9. Premier Pools & Spas / Pinnacle Pools and Spas (same industry; investment from $58,950) +10. Augusta Lawn Care (same industry; investment from $60,500) diff --git a/profiles_by_industry/pet-services.md b/profiles_by_industry/pet-services.md new file mode 100644 index 0000000000000000000000000000000000000000..00514f21d5819703b26d56d9f4d7c121c271e464 --- /dev/null +++ b/profiles_by_industry/pet-services.md @@ -0,0 +1,268 @@ +# Pet Services franchises: 2 brand profiles (FranchiseDepth FDD Database) + +# Dogtopia + +- Brand slug: dogtopia +- Legal name: Better Together, LLC +- Industry: Pet Services +- FDD year: 2026 (WI) +- Source: https://apps.dfi.wi.gov/apps/FranchiseSearch/details.aspx?id=641000&hash=115475975&search=external&type=GENERAL +- FranchiseDepth page: https://franchisedepth.com/franchise/dogtopia/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 40,095 +- initial_fee_high_usd: 49,500 +- royalty_pct: 7 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 2 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 899 +- total_investment_low_usd: 664,355 +- total_investment_high_usd: 1,478,820 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard fee $49,500; 10% multi-unit discount to $44,550; veteran discount: $44,550 first Center or $40,095 subsequent Center. REAFC Fee additional $15,500-$44,500 depending on conversion/ownership status. Pre-opening tech fee $250/month; microsite setup $700 one-time. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 266 +- franchised_outlets: 225 +- company_outlets: 41 +- states_count: 37 +- closure_rate_pct: 0.7 +- closures: 4 +- closures_not_itemized: 0 +- reacquired: 2 +- franchised_outlet_years: 599 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 9 +- growth_outlets_from: 244 +- growth_outlets_to: 266 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 9 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 915,213 +- basis: median, Franchised Stores, open 24+ months as of 12/27/2025 (169 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| 2025 Gross Sales for All Qualifying Outlets – All Outlet Types | All Qualifying Outlets (Franchised + Company & Affiliated), open 24+ months as of 12/27/2025 | 202 | 935,548 | 921,160 | 295,287 | 2,153,303 | 2025 fiscal year (ended December 27, 2025) | 64 | +| 2025 Gross Sales for Franchised Qualifying Outlets – All | Franchised Stores, open 24+ months as of 12/27/2025 | 169 | 927,566 | 915,213 | 295,287 | 1,876,551 | 2025 fiscal year (ended December 27, 2025) | 64 | +| 2025 Gross Sales for Company & Affiliated Qualifying Outlets – All | Company & Affiliated Stores, open 24+ months as of 12/27/2025 | 33 | 976,425 | 937,399 | 565,111 | 2,153,303 | 2025 fiscal year (ended December 27, 2025) | 64 | +| 2025 Gross Sales – Franchised Operating 24 to 36 Months | Franchised Stores Operating 24 to 36 Months | 26 | 861,559 | 838,627 | 378,182 | 1,362,555 | 2025 fiscal year (ended December 27, 2025) | 64 | +| 2025 Gross Sales – Franchised Operating 36+ Months | Franchised Stores Operating 36+ Months | 143 | 939,567 | 920,536 | 295,287 | 1,876,551 | 2025 fiscal year (ended December 27, 2025) | 64 | +| 2025 Gross Sales – All Outlets Operating 24 to 36 Months | All Outlets (Franchised + Company & Affiliated) Operating 24 to 36 Months | 28 | 843,049 | 820,238 | 378,182 | 1,362,555 | 2025 fiscal year (ended December 27, 2025) | 64 | +| 2025 Gross Sales – All Outlets Operating 36+ Months | All Outlets (Franchised + Company & Affiliated) Operating 36+ Months | 174 | 950,433 | 928,292 | 295,287 | 2,153,303 | 2025 fiscal year (ended December 27, 2025) | 64 | +| Net Operating Margin – All Qualifying Outlets (Table 6) | All Qualifying Outlets – Franchised + Company & Affiliated (134 outlets) | 134 | 19.2 | 18.9 | -39.4 | 51.4 | 2025 fiscal year (ended December 27, 2025) | 63 | +| Net Operating Margin – All Franchised Qualifying Outlets (Table 6a) | All Franchised Qualifying Outlets (101 outlets) | 101 | 18.5 | 19.4 | -36 | 51.4 | 2025 fiscal year (ended December 27, 2025) | 63 | +| Net Operating Margin – Franchised $0-$900,000 Sales Bracket (Table 6a) | Franchised Stores with $0-$900,000 Annual Gross Sales (2025) | 34 | 9.3 | 14.7 | -36 | 29.1 | 2025 fiscal year (ended December 27, 2025) | 63 | +| Net Operating Margin – Franchised $900,000-$1,000,000 Sales Bracket (Table 6a) | Franchised Stores with $900,000-$1,000,000 Annual Gross Sales (2025) | 13 | 14.7 | 16.9 | -4.1 | 32.6 | 2025 fiscal year (ended December 27, 2025) | 63 | +| Net Operating Margin – Franchised $1,000,000-$1,500,000 Sales Bracket (Table 6a) | Franchised Stores with $1,000,000-$1,500,000 Annual Gross Sales (2025) | 52 | 21.7 | 21.2 | 5.6 | 51.4 | 2025 fiscal year (ended December 27, 2025) | 63 | +| Net Operating Margin – Franchised $1,500,000+ Sales Bracket (Table 6a) | Franchised Stores with $1,500,000+ Annual Gross Sales (2025) | 2 | 28.6 | 28.7 | 21.4 | 36 | 2025 fiscal year (ended December 27, 2025) | 63 | +| 2025 Gross Sales – Franchised Bottom 25% by Sales (Table 9a) | Franchised Stores Bottom 25% by 2025 Gross Sales | 42 | 555,451 | 588,558 | 295,287 | 698,476 | 2025 fiscal year (ended December 27, 2025) | 65 | +| 2025 Gross Sales – Franchised Next 25% (26-50th pct) by Sales (Table 9a) | Franchised Stores Next 25% (26th-50th percentile) by 2025 Gross Sales | 42 | 800,345 | 792,896 | 698,950 | 910,959 | 2025 fiscal year (ended December 27, 2025) | 65 | +| 2025 Gross Sales – Franchised Next 25% (51-75th pct) by Sales (Table 9a) | Franchised Stores Next 25% (51st-75th percentile) by 2025 Gross Sales | 42 | 1,013,135 | 1,002,715 | 915,213 | 1,130,574 | 2025 fiscal year (ended December 27, 2025) | 65 | +| 2025 Gross Sales – Franchised Top 25% by Sales (Table 9a) | Franchised Stores Top 25% by 2025 Gross Sales | 43 | 1,331,715 | 1,312,781 | 1,132,640 | 1,876,551 | 2025 fiscal year (ended December 27, 2025) | 65 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 174 | 33 | 0 | 0 | 2 | 0 | not disclosed | 205 | +| 2024 | 205 | 15 | 0 | 0 | 0 | 0 | not disclosed | 220 | +| 2025 | 220 | 9 | 2 | 0 | 0 | 2 | not disclosed | 225 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 1 +- renewal_term_years: 10 +- renewal_fee: You must: not be in default; give us timely notice; have substantially complied with the Franchise Agreement; sign then-current form of franchise agreement; sign general release (subject to state law); pay renewal fee; remodel Center and upgrade furniture, fixtures and equipment to current standards; complete refresher training (if we require it); and extend lease for duration of renewal term. +- transfer_fee: You must: submit transfer application; be in compliance with Franchise Agreement; assign lease, if applicable; pay transfer fee; subordinate transferee's ongoing payments owed to you (if any) to transferee's financial obligations owed to us; and sign general release (subject to state law). +- cure_period_days: 30 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 15 +- dispute_resolution: mediation +- governing_law_state: AZ +- fdd_page: 56 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 915,213 +- investment_midpoint_usd: 1,071,587 +- revenue_to_investment: 0.85 +- royalty_pct: 7 +- revenue_per_royalty_point_usd: 130,745 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 664,355 | 13 | 17 | 470,000 | lowest first | Daycare & Boarding | +| fee_low | 40,095 | 7 | 17 | 49,000 | lowest first | Daycare & Boarding | +| royalty | 7 | 12 | 17 | 6 | lowest first | Daycare & Boarding | +| allin | 9 | 13 | 17 | 8 | lowest first | Daycare & Boarding | +| outlets | 266 | 1 | 16 | 12.5 | highest first | Daycare & Boarding | +| growth | 9 | 17 | 28 | 12.65 | highest first | Pet Services | +| closure | 0.7 | 5 | 27 | 2.8 | lowest first | Pet Services | + +## Similar alternatives (closest first) +1. Hounds Town USA (same sub-category; investment from $667,610) +2. All American Pet Resorts (same sub-category; investment from $687,500) +3. District Dogs (same sub-category; investment from $622,225) +4. Camp Run-A-Mutt (same sub-category; investment from $588,900) +5. A Dog's Day Out (same sub-category; investment from $749,750) +6. Central Bark (same sub-category; investment from $522,474) +7. DoggieWorld (same sub-category; investment from $470,000) +8. Camp Bow Wow (same sub-category; investment from $954,606) +9. Dogdrop (same sub-category; investment from $356,050) +10. Playful Pack (same sub-category; investment from $286,250) + + +--- + +# Pet Supplies Plus + +- Brand slug: pet-supplies-plus +- Legal name: PSP Franchise Operations SPV, LLC +- Industry: Pet Services +- FDD year: 2025 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/pet-supplies-plus/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 49,900 +- initial_fee_high_usd: 49,900 +- royalty_pct: 3 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 3.5 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 540,520 +- total_investment_high_usd: 1,975,005 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Single fee of $49,900; waived for approved conversions. Existing franchisees pay $35,000 for 2nd+ stores. Employees pay $10,000. VetFran 20% discount; First Responder 10% discount. Multi-Unit Fee: $49,900 for first store + $35,000 per additional store. Royalty is 2% of monthly Gross Sales for the first 12 months of operation and 3% after. Advertising in the first 12 months of operation is a fixed $4,350 per month: $3,350 Local Marketing Spend plus $1,000 to the National Advertising Fund. After the first 12 months, the advertising contribution is the lesser of 3.5% of Gross Sales or $8,333 per month, with 2/3 directed to Local Marketing Spend (remitted to a third-party vendor) and 1/3 to the National Advertising Fund. Advertising contributions are capped at $100,000 per store per year. Technology Fee is estimated at $925–$1,200 per month based on store build-out. Point of Sale equipment must be leased from the franchisor at an estimated $265–$340 per month. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 735 +- franchised_outlets: 502 +- company_outlets: 233 +- states_count: 40 +- closure_rate_pct: 1.2 +- closures: 16 +- closures_not_itemized: 0 +- reacquired: 4 +- franchised_outlet_years: 1288 +- closure_year_from: 2022 +- closure_year_to: 2024 +- closure_ranking_eligible: yes +- growth_pct: 11.4 +- growth_outlets_from: 660 +- growth_outlets_to: 735 +- growth_year_from: 2022 +- growth_year_to: 2024 +- growth_ranking_eligible: yes +- all_in_fee_pct: 6.5 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 2,496,071 +- basis: median, Average of All Stores (347 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Average Weekly Gross Sales | 1 Year | 37 | 32,566 | 32,467 | 18,428 | 62,080 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Weekly Gross Sales | 2 Years | 34 | 40,041 | 40,108 | 19,366 | 58,927 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Weekly Gross Sales | 3 Years | 33 | 45,513 | 44,649 | 22,212 | 85,058 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Weekly Gross Sales | 4+ Years | 243 | 56,489 | 53,979 | 24,625 | 132,180 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Weekly Gross Sales | Average of All Stores | 347 | 51,283 | 48,001 | 18,428 | 132,180 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Annual Gross Sales | 1 Year | 37 | 1,693,451 | 1,688,265 | 958,273 | 3,228,158 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Annual Gross Sales | 2 Years | 34 | 2,082,112 | 2,085,636 | 1,007,028 | 3,064,219 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Annual Gross Sales | 3 Years | 33 | 2,366,665 | 2,321,758 | 1,155,048 | 4,422,997 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Annual Gross Sales | 4+ Years | 243 | 2,937,419 | 2,806,907 | 1,280,489 | 6,873,341 | January 1, 2024 to December 28, 2024 | not disclosed | +| Average Annual Gross Sales | Average of All Stores | 347 | 2,666,693 | 2,496,071 | 958,273 | 6,873,341 | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Gross Margin % | 1 Year | 37 | 40.5 | 40.3 | 30.4 | 50.8 | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Gross Margin % | 2 Years | 34 | 40.5 | 40.2 | 31.5 | 50.3 | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Gross Margin % | 3 Years | 33 | 40.3 | 40.3 | 34.1 | 47.2 | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Gross Margin % | 4+ Years | 243 | 36.9 | 36.2 | 27.7 | 48.2 | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Gross Margin % | Average of All Stores | 347 | 38 | 37.4 | 27.7 | 50.8 | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent | 1 Year | 37 | 176,225 | 162,051 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent | 2 Years | 34 | 171,118 | 167,901 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent | 3 Years | 33 | 176,204 | 176,291 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent | 4+ Years | 243 | 186,747 | 177,411 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent | Average of All Stores | 347 | 183,091 | 172,823 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent % of Gross Sales | 1 Year | 37 | 10.4 | 11.2 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent % of Gross Sales | 2 Years | 34 | 8.2 | 8.3 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent % of Gross Sales | 3 Years | 33 | 7.4 | 7.5 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent % of Gross Sales | 4+ Years | 243 | 6.4 | 6.2 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Rent % of Gross Sales | Average of All Stores | 347 | 6.9 | 6.7 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense | 1 Year | 37 | 325,366 | 304,549 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense | 2 Years | 34 | 389,644 | 366,309 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense | 3 Years | 33 | 390,334 | 373,874 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense | 4+ Years | 243 | 390,411 | 357,738 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense | Average of All Stores | 347 | 383,393 | 352,920 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense Percent of Gross Sales | 1 Year | 37 | 19.2 | 20 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense Percent of Gross Sales | 2 Years | 34 | 18.7 | 17.8 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense Percent of Gross Sales | 3 Years | 33 | 16.5 | 16.4 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense Percent of Gross Sales | 4+ Years | 243 | 13.3 | 12.8 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | +| Annual Labor Expense Percent of Gross Sales | Average of All Stores | 347 | 14.4 | 14.5 | not disclosed | not disclosed | January 1, 2024 to December 28, 2024 | not disclosed | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2022 | 374 | 60 | 0 | 0 | 1 | 4 | not disclosed | 429 | +| 2023 | 429 | 60 | 0 | 0 | 0 | 4 | not disclosed | 485 | +| 2024 | 485 | 28 | 0 | 0 | 3 | 8 | not disclosed | 502 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 2 +- renewal_term_years: 5 +- renewal_fee: pay a renewal fee of $2,500 +- transfer_fee: you or the transferee pay a transfer fee of $5,000 +- cure_period_days: 15 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 5 +- dispute_resolution: mediation +- governing_law_state: MI +- fdd_page: 50 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 2,496,071 +- investment_midpoint_usd: 1,257,762 +- revenue_to_investment: 1.98 +- royalty_pct: 3 +- revenue_per_royalty_point_usd: 832,024 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 540,520 | 7 | 8 | 273,567.5 | lowest first | Pet Retail | +| fee_low | 49,900 | 5 | 8 | 47,450 | lowest first | Pet Retail | +| royalty | 3 | 1 | 8 | 5.25 | lowest first | Pet Retail | +| allin | 6.5 | 4 | 8 | 6.5 | lowest first | Pet Retail | +| outlets | 735 | 1 | 8 | 64.5 | highest first | Pet Retail | +| growth | 11.4 | 15 | 28 | 12.65 | highest first | Pet Services | +| closure | 1.2 | 8 | 27 | 2.8 | lowest first | Pet Services | + +## Similar alternatives (closest first) +1. Natural Hounds (same sub-category; investment from $347,026) +2. Petland (same sub-category; investment from $315,500) +3. Pet Evolution (same sub-category; investment from $800,550) +4. Wild Birds Unlimited (same sub-category; investment from $231,635) +5. Three Dog Bakery (same sub-category; investment from $181,087) +6. Pet Wants (same sub-category; investment from $148,150) +7. Salty Paws® (same sub-category; investment from $99,270) +8. Central Bark (same industry; investment from $522,474) +9. WNW (same industry; investment from $520,250) +10. Camp Run-A-Mutt (same industry; investment from $588,900) diff --git a/profiles_by_industry/real-estate.md b/profiles_by_industry/real-estate.md new file mode 100644 index 0000000000000000000000000000000000000000..be576e6c24935c483372d3293e22914d925134f6 --- /dev/null +++ b/profiles_by_industry/real-estate.md @@ -0,0 +1,97 @@ +# Real Estate franchises: 1 brand profiles (FranchiseDepth FDD Database) + +# AR Homes + +- Brand slug: ar-homes +- Legal name: AR FRANCHISING, INC. +- Industry: Real Estate +- FDD year: 2024 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/ar-homes/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 65,000 +- initial_fee_high_usd: 65,000 +- royalty_pct: 3.5 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 0.25 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 1,000 +- total_investment_low_usd: 535,000 +- total_investment_high_usd: 2,190,000 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Royalty varies by product type (3.5%-4.25%). Minimum Annual Royalty set by mutual agreement. Brand Fund (marketing): 0.25% of Contract Sales, max $25,000/year, can increase to 1% with max $100,000. Item 6 prints the Technology Fee as "currently $1,00 per month"; Franchise Agreement Section 6.1(d) states a monthly Technology Fee of $1,000, which covers up to 5 users. Additional users are $100 per user per month. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 42 +- franchised_outlets: 42 +- company_outlets: 0 +- states_count: 10 +- closure_rate_pct: 8.2 +- closures: 11 +- closures_not_itemized: 0 +- reacquired: 0 +- franchised_outlet_years: 134 +- closure_year_from: 2021 +- closure_year_to: 2023 +- closure_ranking_eligible: yes +- growth_pct: 0 +- growth_outlets_from: 42 +- growth_outlets_to: 42 +- growth_year_from: 2021 +- growth_year_to: 2023 +- growth_ranking_eligible: yes +- all_in_fee_pct: 3.75 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 18,125,591 +- basis: median, 29 of the 41 active franchised AR Homes Building Companies that closed a home in 2023 and reported full-year results (29 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Closing Revenue | 29 of the 41 active franchised AR Homes Building Companies that closed a home in 2023 and reported full-year results | 29 | 19,790,221 | 18,125,591 | 1,267,214 | 51,263,399 | 2023 Calendar Year | 48 | +| Gross Profit | 29 of the 41 active franchised AR Homes Building Companies that closed a home in 2023 and reported full-year results | 29 | 2,938,578 | 2,237,139 | 258,525 | 12,265,251 | 2023 Calendar Year | 48 | +| Adj. Net Income (Net Income plus owner compensation) | 29 of the 41 active franchised AR Homes Building Companies that closed a home in 2023 and reported full-year results | 29 | 1,121,735 | 486,453 | -357,291 | 8,083,158 | 2023 Calendar Year | 48 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2021 | 46 | 1 | 1 | 0 | 0 | 4 | not disclosed | 42 | +| 2022 | 42 | 5 | 0 | 0 | 0 | 1 | not disclosed | 46 | +| 2023 | 46 | 1 | 5 | 0 | 0 | 0 | not disclosed | 42 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 18,125,591 +- investment_midpoint_usd: 1,362,500 +- revenue_to_investment: 13.3 +- royalty_pct: 3.5 +- revenue_per_royalty_point_usd: 5,178,740 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 535,000 | 54 | 55 | 56,465 | lowest first | Real Estate | +| fee_low | 65,000 | 52 | 55 | 25,000 | lowest first | Real Estate | +| royalty | 3.5 | 5 | 35 | 5.5 | lowest first | Real Estate | +| allin | 3.75 | 6 | 35 | 6 | lowest first | Real Estate | +| outlets | 42 | 38 | 53 | 105 | highest first | Real Estate | +| growth | 0 | 14 | 40 | -6.5 | highest first | Real Estate | +| closure | 8.2 | 18 | 40 | 8.55 | lowest first | Real Estate | + +## Similar alternatives (closest first) +1. Engel & Völkers (same sub-category; investment from $108,690) +2. The Oceanaire Realty (same sub-category; investment from $81,700) +3. Christie's International Real Estate (same sub-category; investment from $64,475) +4. Corcoran (same sub-category; investment from $62,150) +5. Sotheby's International Realty (same sub-category; investment from $47,250) +6. Integra (same industry; investment from $236,000) +7. Linden Creek (same industry; investment from $227,225) +8. Set the Stage (same industry; investment from $204,150) +9. Keller Williams Realty (same industry; investment from $183,647) +10. NE Tiny Homes (same industry; investment from $147,000) diff --git a/profiles_by_industry/retail-services.md b/profiles_by_industry/retail-services.md new file mode 100644 index 0000000000000000000000000000000000000000..9897a54b8e6af528f545b4a273c42da6a12546a8 --- /dev/null +++ b/profiles_by_industry/retail-services.md @@ -0,0 +1,290 @@ +# Retail Services franchises: 2 brand profiles (FranchiseDepth FDD Database) + +# Batteries Plus + +- Brand slug: batteries-plus +- Legal name: Batteries Plus, L.L.C. +- Industry: Retail Services +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/batteries-plus/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 15,000 +- initial_fee_high_usd: 49,500 +- royalty_pct: 5 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 1 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 1,098 +- total_investment_low_usd: 284,786 +- total_investment_high_usd: 536,636 +- liquid_capital_usd: 100,000 +- net_worth_usd: not disclosed + +## Fee notes +Single-unit Initial Franchise Fee is $49,500. Under a Multiple Unit Franchise Agreement, fees are $49,500 for the 1st store, $44,500 for the 2nd, $39,500 for the 3rd, and $34,500 for the 4th and subsequent stores. A $15,000 Multiple Unit Territory Fee per store is credited against future Initial Franchise Fees. A $10,000 discount is available for qualifying veterans, active/retired firefighters, police officers, EMT/paramedics, nurses, and teachers off the first store fee. Existing franchisees in good standing for 36+ months may open one additional store at a discounted Initial Franchise Fee of $15,000 (lowest possible value). All fees are non-refundable. Monthly technology fees total $1,098: Software Support $509, Omni-Channel Maintenance $200, Avalara Avatax $27, Payment Gateway $22, Salesforce.com CRM $80, Managed Security Services (PCI) $200 and RepairQ $60. The Minimum Store Promotion Requirement is a pro rata $20,000 in the first calendar year, then the greater of 4% of prior-year Net Revenues or $20,000 per year; a shortfall must be deposited with the franchisor. $20,000 is paid to the franchisor at store opening and applied to the Digital Marketing Contribution, which will not exceed the greater of 3% of Net Revenues or the Minimum Store Promotion Requirement. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 734 +- franchised_outlets: 601 +- company_outlets: 133 +- states_count: 50 +- closure_rate_pct: 4.2 +- closures: 77 +- closures_not_itemized: 0 +- reacquired: 21 +- franchised_outlet_years: 1819 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 1.7 +- growth_outlets_from: 722 +- growth_outlets_to: 734 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 6 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 833,660 +- basis: median, All Franchised Same Stores (490) - Table A-2 (490 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Merchandise Margin Percentage (Retail and Commercial) | 490 Same Stores (franchised-owned, open at least 308 days, January 1, 2025 through November 2, 2025) | 490 | 51 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 53 | +| Merchandise Margin Percentage - Retail | All Stores (490 franchised-owned), Retail customers | 490 | 60 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 54 | +| Merchandise Margin Percentage - Commercial | All Stores (490 franchised-owned), Commercial customers | 490 | 38 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 54 | +| Percentage of Net Revenue - Retail | All Stores (490 franchised-owned), Retail customers | 490 | 58 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 54 | +| Percentage of Net Revenue - Commercial | All Stores (490 franchised-owned), Commercial customers | 490 | 42 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 54 | +| Average Net Revenue (More than 35% of Total Net Revenue is Commercial Sales) | More than 35% of Total Net Revenue is Commercial Sales (268 Same Stores) | 268 | 1,052,912 | 925,171 | 407,996 | 7,352,102 | September 1, 2024 to August 31, 2025 | 55 | +| Average Net Revenue (Less than or equal to 35% of Total Net Revenue is Commercial Sales) | Less than or equal to 35% of Total Net Revenue is Commercial Sales (222 Same Stores) | 222 | 836,173 | 741,881 | 414,143 | 3,076,869 | September 1, 2024 to August 31, 2025 | 55 | +| Average Net Revenue (More than $1.50 Average Add on Margin per Transaction) | More than $1.50 Average Add on Margin per Transaction (174 Same Stores) | 174 | 1,108,829 | 951,211 | 407,996 | 7,352,102 | September 1, 2024 to August 31, 2025 | 55 | +| Average Net Revenue (Less than or equal to $1.50 Average Add on Margin per Transaction) | Less than or equal to $1.50 Average Add on Margin per Transaction (316 Same Stores) | 316 | 869,857 | 751,166 | 414,143 | 3,566,005 | September 1, 2024 to August 31, 2025 | 55 | +| Average Retail Sales Ticket Amount | 490 Same Stores, Retail customers | 490 | 54.4 | 53.6 | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 55 | +| Average Commercial Sales Ticket Amount | 490 Same Stores, Commercial customers | 490 | 297.98 | 250.89 | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 55 | +| Average Total Sales Ticket Amount | 490 Same Stores, Retail and Commercial combined | 490 | 82.58 | 76.46 | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 55 | +| Average Net Revenue - Commercial Sales Focused Stores, Top 10% | Top 10% of 282 Franchised Commercial Sales Focused Same Stores | 28 | 2,360,651 | 2,012,819 | 1,684,040 | 7,352,102 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Top 25% | Top 25% of 282 Franchised Commercial Sales Focused Same Stores | 70 | 1,793,046 | 1,572,375 | 1,229,337 | 7,352,102 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Top 50% | Top 50% of 282 Franchised Commercial Sales Focused Same Stores | 141 | 1,424,337 | 1,217,407 | 935,549 | 7,352,102 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Top 75% | Top 75% of 282 Franchised Commercial Sales Focused Same Stores | 211 | 1,216,740 | 1,047,885 | 667,588 | 7,352,102 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Bottom 10% | Bottom 10% of 282 Franchised Commercial Sales Focused Same Stores | 28 | 486,571 | 485,664 | 407,996 | 554,257 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Bottom 25% | Bottom 25% of 282 Franchised Commercial Sales Focused Same Stores | 70 | 558,604 | 570,483 | 407,996 | 662,011 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Bottom 50% | Bottom 50% of 282 Franchised Commercial Sales Focused Same Stores | 141 | 682,408 | 667,588 | 407,996 | 931,080 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, Bottom 75% | Bottom 75% of 282 Franchised Commercial Sales Focused Same Stores | 211 | 809,141 | 825,484 | 407,996 | 1,217,407 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Commercial Sales Focused Stores, All Stores | All 282 Franchised Commercial Sales Focused Same Stores | 282 | 1,053,373 | 933,315 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 56 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Top 10% | Top 10% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 20 | 1,657,416 | 1,447,666 | 1,319,452 | 3,076,869 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Top 25% | Top 25% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 52 | 1,334,258 | 1,241,737 | 990,415 | 3,076,869 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Top 50% | Top 50% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 104 | 1,081,528 | 981,471 | 711,518 | 3,076,869 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Top 75% | Top 75% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 156 | 931,955 | 816,925 | 572,615 | 3,076,869 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Bottom 10% | Bottom 10% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 20 | 440,952 | 438,916 | 414,143 | 474,660 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Bottom 25% | Bottom 25% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 52 | 487,980 | 485,044 | 414,143 | 564,948 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Bottom 50% | Bottom 50% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 104 | 560,393 | 568,782 | 414,143 | 710,807 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), Bottom 75% | Bottom 75% of 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 156 | 649,862 | 627,908 | 414,143 | 972,527 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Remaining Franchised Same Stores (Not Commercial Sales Focused), All Stores | All 208 Remaining Franchised Same Stores (Not Commercial Sales Focused) | 208 | 820,961 | 711,163 | 414,143 | 3,076,869 | January 1, 2025 to December 31, 2025 | 57 | +| Average Net Revenue - Corporate Stores, Top Quartile | Top Quartile of 133 Corporate Stores (Table A-1) | 33 | 1,647,392 | 1,463,386 | 1,203,909 | 3,522,307 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Corporate Stores, Second Quartile | Second Quartile of 133 Corporate Stores (Table A-1) | 33 | 1,055,834 | 1,036,367 | 963,944 | 1,190,202 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Corporate Stores, Third Quartile | Third Quartile of 133 Corporate Stores (Table A-1) | 33 | 881,298 | 883,737 | 796,514 | 954,213 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Corporate Stores, Bottom Quartile | Bottom Quartile of 133 Corporate Stores (Table A-1) | 34 | 668,554 | 694,131 | 507,509 | 790,844 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - All Corporate Stores | All Corporate Stores (133) - Table A-1 | 133 | 1,060,302 | 954,213 | 507,509 | 3,522,307 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Franchised Same Stores, Top Quartile | Top Quartile of 490 Franchised Same Stores (Table A-2) | 122 | 1,614,404 | 1,418,220 | 1,125,793 | 7,352,102 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Franchised Same Stores, Second Quartile | Second Quartile of 490 Franchised Same Stores (Table A-2) | 123 | 972,577 | 967,308 | 834,301 | 1,123,571 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Franchised Same Stores, Third Quartile | Third Quartile of 490 Franchised Same Stores (Table A-2) | 123 | 712,840 | 706,111 | 613,718 | 833,020 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Franchised Same Stores, Bottom Quartile | Bottom Quartile of 490 Franchised Same Stores (Table A-2) | 122 | 520,881 | 524,436 | 407,996 | 610,504 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - All Franchised Same Stores (Table A-2) | All Franchised Same Stores (490) - Table A-2 | 490 | 833,660 | 833,660 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 58 | +| Average Net Revenue - Corporate and Franchised Same Stores, Top Quartile | Top Quartile of 623 Combined Corporate and Franchised Same Stores (Table A-3) | 155 | 1,622,330 | 1,423,556 | 1,145,971 | 7,352,102 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate and Franchised Same Stores, Second Quartile | Second Quartile of 623 Combined Corporate and Franchised Same Stores (Table A-3) | 156 | 997,576 | 995,963 | 875,976 | 1,143,246 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate and Franchised Same Stores, Third Quartile | Third Quartile of 623 Combined Corporate and Franchised Same Stores (Table A-3) | 156 | 754,022 | 748,294 | 639,505 | 872,724 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate and Franchised Same Stores, Bottom Quartile | Bottom Quartile of 623 Combined Corporate and Franchised Same Stores (Table A-3) | 156 | 539,235 | 554,407 | 407,996 | 637,340 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - All Corporate and Franchised Stores (Table A-3) | All Corporate and Franchised Same Stores (623) - Table A-3 | 623 | 977,257 | 872,724 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate Stores, Top Third | Top Third of 133 Corporate Stores (Table B-1) | 44 | 1,517,987 | 1,296,378 | 1,089,544 | 3,522,307 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate Stores, Middle Third | Middle Third of 133 Corporate Stores (Table B-1) | 44 | 964,630 | 959,079 | 855,823 | 1,086,020 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate Stores, Bottom Third | Bottom Third of 133 Corporate Stores (Table B-1) | 45 | 706,333 | 715,969 | 507,509 | 854,144 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - All Corporate Stores (Table B-1) | All Corporate Stores (133) - Table B-1 | 133 | 1,060,302 | 954,213 | 507,509 | 3,522,307 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Franchised Same Stores, Top Third | Top Third of 490 Franchised Same Stores (Table B-2) | 163 | 1,478,088 | 1,285,722 | 1,014,707 | 7,352,102 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Franchised Same Stores, Middle Third | Middle Third of 490 Franchised Same Stores (Table B-2) | 164 | 836,133 | 833,660 | 670,374 | 1,014,285 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Franchised Same Stores, Bottom Third | Bottom Third of 490 Franchised Same Stores (Table B-2) | 163 | 550,655 | 561,674 | 407,996 | 669,470 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - All Franchised Same Stores (Table B-2) | All Franchised Same Stores (490) - Table B-2 | 490 | 954,716 | 833,660 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 59 | +| Average Net Revenue - Corporate and Franchised Same Stores, Top Third (Table B-2/B-3) | Top Third of 623 Combined Corporate and Franchised Same Stores (Table B-2 Corporate and Franchised) | 207 | 1,487,888 | 1,287,770 | 1,033,513 | 7,352,102 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate and Franchised Same Stores, Middle Third | Middle Third of 623 Combined Corporate and Franchised Same Stores | 208 | 872,795 | 874,350 | 710,807 | 1,031,004 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate and Franchised Same Stores, Bottom Third | Bottom Third of 623 Combined Corporate and Franchised Same Stores | 208 | 573,542 | 579,869 | 407,996 | 710,643 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - All Corporate and Franchised Stores (Table B combined) | All Corporate and Franchised Same Stores (623) - Table B combined | 623 | 977,257 | 872,724 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Top 10% (Table C-1) | Top 10% of 133 Corporate Stores (Table C-1) | 13 | 2,130,083 | 1,949,909 | 1,638,069 | 3,522,307 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Top 25% (Table C-1) | Top 25% of 133 Corporate Stores (Table C-1) | 33 | 1,647,392 | 1,463,386 | 1,203,909 | 3,522,307 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Top 50% (Table C-1) | Top 50% of 133 Corporate Stores (Table C-1) | 66 | 1,351,613 | 1,197,056 | 963,944 | 3,522,307 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Top 75% (Table C-1) | Top 75% of 133 Corporate Stores (Table C-1) | 99 | 1,194,842 | 1,036,367 | 796,514 | 3,522,307 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Bottom 10% (Table C-1) | Bottom 10% of 133 Corporate Stores (Table C-1) | 13 | 573,573 | 576,376 | 507,509 | 653,812 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Bottom 25% (Table C-1) | Bottom 25% of 133 Corporate Stores (Table C-1) | 33 | 664,848 | 690,051 | 507,509 | 786,155 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Bottom 50% (Table C-1) | Bottom 50% of 133 Corporate Stores (Table C-1) | 66 | 770,598 | 788,499 | 507,509 | 953,313 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Corporate Stores, Bottom 75% (Table C-1) | Bottom 75% of 133 Corporate Stores (Table C-1) | 99 | 863,293 | 883,632 | 507,509 | 1,180,945 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - All Corporate Stores (Table C-1) | All Corporate Stores (133) - Table C-1 | 133 | 1,044,609 | 938,246 | 473,903 | 3,511,841 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Franchised Stores, Top 10% (Table C-2) | Top 10% of 490 Franchised Same Stores (Table C-2) | 49 | 2,103,785 | 1,886,367 | 1,497,970 | 7,352,102 | January 1, 2025 to December 31, 2025 | 60 | +| Average Net Revenue - Franchised Stores, Top 25% (Table C-2) | Top 25% of 490 Franchised Same Stores (Table C-2) | 122 | 1,614,404 | 1,418,220 | 1,125,793 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Franchised Stores, Top 50% (Table C-2) | Top 50% of 490 Franchised Same Stores (Table C-2) | 245 | 1,292,180 | 1,123,571 | 834,301 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Franchised Stores, Top 75% (Table C-2) | Top 75% of 490 Franchised Same Stores (Table C-2) | 368 | 1,098,542 | 966,208 | 613,718 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Franchised Stores, Bottom 10% (Table C-2) | Bottom 10% of 490 Franchised Same Stores (Table C-2) | 49 | 459,483 | 463,632 | 407,996 | 501,961 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Franchised Stores, Bottom 25% (Table C-2) | Bottom 25% of 490 Franchised Same Stores (Table C-2) | 122 | 520,881 | 524,436 | 407,996 | 610,504 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Franchised Stores, Bottom 50% (Table C-2) | Bottom 50% of 490 Franchised Same Stores (Table C-2) | 245 | 617,252 | 524,436 | 407,996 | 833,020 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Franchised Stores, Bottom 75% (Table C-2) | Bottom 75% of 490 Franchised Same Stores (Table C-2) | 368 | 736,016 | 706,172 | 407,996 | 1,123,571 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - All Franchised Stores (Table C-2) | All Franchised Same Stores (490) - Table C-2 | 490 | 954,716 | 833,660 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Top 10% (Table C-3) | Top 10% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 62 | 2,111,304 | 1,923,513 | 1,512,309 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Top 25% (Table C-3) | Top 25% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 155 | 1,622,330 | 1,423,556 | 1,145,971 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Top 50% (Table C-3) | Top 50% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 311 | 1,308,949 | 1,143,246 | 875,976 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Top 75% (Table C-3) | Top 75% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 473 | 1,117,381 | 994,087 | 631,111 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Bottom 10% (Table C-3) | Bottom 10% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 62 | 470,253 | 474,728 | 407,996 | 523,213 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Bottom 25% (Table C-3) | Bottom 25% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 155 | 538,602 | 554,257 | 407,996 | 636,950 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Bottom 50% (Table C-3) | Bottom 50% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 311 | 645,901 | 637,340 | 407,996 | 870,343 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - Corporate and Franchised Stores, Bottom 75% (Table C-3) | Bottom 75% of 623 Combined Corporate and Franchised Same Stores (Table C-3) | 467 | 762,798 | 747,067 | 407,996 | 1,131,156 | January 1, 2025 to December 31, 2025 | 61 | +| Average Net Revenue - All Corporate and Franchised Stores (Table C-3) | All Corporate and Franchised Same Stores (623) - Table C-3 | 623 | 977,257 | 872,724 | 407,996 | 7,352,102 | January 1, 2025 to December 31, 2025 | 61 | +| Net Revenue - Company-Owned Stores, Top Third by EBITDA | Top Third of Company-Owned Stores by EBITDA (44 stores) | 44 | 1,469,998 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| Gross Profit Margin - Company-Owned Stores, Top Third by EBITDA | Top Third of Company-Owned Stores by EBITDA (44 stores) | 44 | 773,612 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| EBITDA - Company-Owned Stores, Top Third by EBITDA | Top Third of Company-Owned Stores by EBITDA (44 stores) | 44 | 252,887 | 211,223 | 211,223 | 769,031 | January 1, 2025 to December 31, 2025 | 62 | +| Net Revenue - Company-Owned Stores, Middle Third by EBITDA | Middle Third of Company-Owned Stores by EBITDA (44 stores) | 44 | 962,112 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| Gross Profit Margin - Company-Owned Stores, Middle Third by EBITDA | Middle Third of Company-Owned Stores by EBITDA (44 stores) | 44 | 490,083 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| EBITDA - Company-Owned Stores, Middle Third by EBITDA | Middle Third of Company-Owned Stores by EBITDA (44 stores) | 44 | 100,468 | 102,339 | 56,696 | 128,070 | January 1, 2025 to December 31, 2025 | 62 | +| Net Revenue - Company-Owned Stores, Bottom Third by EBITDA | Bottom Third of Company-Owned Stores by EBITDA (45 stores) | 45 | 759,408 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| Gross Profit Margin - Company-Owned Stores, Bottom Third by EBITDA | Bottom Third of Company-Owned Stores by EBITDA (45 stores) | 45 | 367,641 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| EBITDA - Company-Owned Stores, Bottom Third by EBITDA | Bottom Third of Company-Owned Stores by EBITDA (45 stores) | 45 | 13,945 | 14,815 | -98,635 | 56,063 | January 1, 2025 to December 31, 2025 | 62 | +| Net Revenue - All Company-Owned Stores by EBITDA | All Company-Owned Stores by EBITDA (133 stores) | 133 | 1,061,550 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| Gross Profit Margin - All Company-Owned Stores | All Company-Owned Stores by EBITDA (133 stores) | 133 | 545,499 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 62 | +| EBITDA - All Company-Owned Stores | All Company-Owned Stores by EBITDA (133 stores) | 133 | 121,618 | 101,618 | -98,635 | 769,031 | January 1, 2025 to December 31, 2025 | 62 | +| Net Revenue - All Corporate Stores (Annual = sum of 2025 monthly averages) | All 133 Corporate Stores - Monthly Detail (Annual Sum) | 133 | 1,061,963 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 63 | +| EBITDA - All Corporate Stores (Annual = sum of 2025 monthly averages) | All 133 Corporate Stores - Monthly Detail (Annual Sum) | 133 | 116,078 | not disclosed | not disclosed | not disclosed | January 1, 2025 to December 31, 2025 | 63 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 609 | 30 | 2 | 5 | 4 | 22 | not disclosed | 606 | +| 2024 | 606 | 30 | 2 | 2 | 17 | 11 | not disclosed | 604 | +| 2025 | 604 | 30 | 0 | 1 | 0 | 32 | not disclosed | 601 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 833,660 +- investment_midpoint_usd: 410,711 +- revenue_to_investment: 2.03 +- royalty_pct: 5 +- revenue_per_royalty_point_usd: 166,732 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 284,786 | 58 | 72 | 170,207.5 | lowest first | Specialty Retail | +| fee_low | 15,000 | 11 | 71 | 29,500 | lowest first | Specialty Retail | +| royalty | 5 | 16 | 61 | 5 | lowest first | Specialty Retail | +| allin | 6 | 18 | 61 | 7 | lowest first | Specialty Retail | +| outlets | 734 | 3 | 70 | 44 | highest first | Specialty Retail | +| growth | 1.7 | 18 | 44 | -2.95 | highest first | Specialty Retail | +| closure | 4.2 | 15 | 40 | 5 | lowest first | Specialty Retail | + +## Similar alternatives (closest first) +1. HobbyTown (same sub-category; investment from $281,100) +2. Del's Popcorn Shop (same sub-category; investment from $279,365) +3. Clothes Mentor (same sub-category; investment from $272,000) +4. WineStyles Tasting Station (same sub-category; investment from $298,000) +5. Jamin Leather (same sub-category; investment from $270,400) +6. Good Feet (same sub-category; investment from $255,478) +7. Carré d'artistes (same sub-category; investment from $251,300) +8. B-Land Beauty (same sub-category; investment from $318,761) +9. Scout & Molly's (same sub-category; investment from $319,000) +10. Jayasri Sweets (same sub-category; investment from $243,000) + + +--- + +# Bella Bridesmaids + +- Brand slug: bella-bridesmaids +- Legal name: Bella Bridesmaids Franchise Group, LLC +- Industry: Retail Services +- FDD year: 2024 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/bella-bridesmaids/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 50,000 +- initial_fee_high_usd: 50,000 +- royalty_pct: 4 +- royalty_min_monthly_usd: 600 +- marketing_fee_pct: not disclosed +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: 125 +- total_investment_low_usd: 102,900 +- total_investment_high_usd: 262,000 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +First location $50,000 (nonrefundable). Subsequent locations in protected territory $10,000. Outside territory 75% of then-current fee. $10,000 security deposit also required. Systemwide Marketing Fund fee set by the location's previous year's sales: $1,000 per year up to $300,000, $1,500 per year for $300,000–$400,000, $2,000 per year for $400,000–$600,000, and 0.5% of monthly gross revenue above $600,000, paid in 12 equal monthly instalments. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 45 +- franchised_outlets: 41 +- company_outlets: 4 +- states_count: 27 +- closure_rate_pct: 7.7 +- closures: 13 +- closures_not_itemized: 0 +- reacquired: 3 +- franchised_outlet_years: 169 +- closure_year_from: 2021 +- closure_year_to: 2023 +- closure_ranking_eligible: yes +- growth_pct: -22.4 +- growth_outlets_from: 58 +- growth_outlets_to: 45 +- growth_year_from: 2021 +- growth_year_to: 2023 +- growth_ranking_eligible: yes +- all_in_fee_pct: 4 +- all_in_basis: royalty only (no marketing-fund % listed) + +## Comparable revenue +- annual_revenue_usd: 290,315 +- basis: median, 41 franchised stores operational entire 2023 calendar year (41 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| average annual gross revenue | 41 franchised stores operational entire 2023 calendar year | 41 | 363,289 | 290,315 | 84,031 | 1,000,688 | 2023 calendar year | not disclosed | +| average gross revenues | 45 stores (41 franchised + 4 company-owned) operational entire 2023 calendar year | 45 | 373,189 | 290,315 | 84,030.64 | 1,000,688 | 2023 calendar year | not disclosed | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2021 | 57 | 0 | 0 | 0 | 0 | 0 | 1 | 57 | +| 2022 | 57 | 0 | 1 | 0 | 1 | 0 | 1 | 55 | +| 2023 | 55 | 0 | 1 | 0 | 2 | 11 | 10 | 41 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 290,315 +- investment_midpoint_usd: 182,450 +- revenue_to_investment: 1.59 +- royalty_pct: 4 +- revenue_per_royalty_point_usd: 72,579 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 102,900 | 16 | 72 | 170,207.5 | lowest first | Specialty Retail | +| fee_low | 50,000 | 66 | 71 | 29,500 | lowest first | Specialty Retail | +| royalty | 4 | 10 | 61 | 5 | lowest first | Specialty Retail | +| allin | 4 | 2 | 61 | 7 | lowest first | Specialty Retail | +| outlets | 45 | 35 | 70 | 44 | highest first | Specialty Retail | +| growth | -22.4 | 41 | 44 | -2.95 | highest first | Specialty Retail | +| closure | 7.7 | 28 | 40 | 5 | lowest first | Specialty Retail | + +## Similar alternatives (closest first) +1. The Smoky Grass Station (same sub-category; investment from $96,150) +2. Pro Image Sports (same sub-category; investment from $109,750) +3. Sunmed™ | YOUR CBD STORE® (same sub-category; investment from $95,800) +4. Cheong Kwan Jang (same sub-category; investment from $110,000) +5. Jung Kwan Jang (same sub-category; investment from $111,000) +6. Everything Christmas (same sub-category; investment from $112,600) +7. Good Games (same sub-category; investment from $114,250) +8. Fast-FIX Jewelry and Watch Repairs (same sub-category; investment from $114,700) +9. CBD American Shaman (same sub-category; investment from $88,100) +10. FauxReal Flowers (same sub-category; investment from $78,500) diff --git a/profiles_by_industry/salon-beauty.md b/profiles_by_industry/salon-beauty.md new file mode 100644 index 0000000000000000000000000000000000000000..f614559311b44fc72ff7f2c5a29abb21b62cf77a --- /dev/null +++ b/profiles_by_industry/salon-beauty.md @@ -0,0 +1,98 @@ +# Salon & Beauty franchises: 1 brand profiles (FranchiseDepth FDD Database) + +# Supercuts + +- Brand slug: supercuts +- Legal name: Supercuts, Inc. +- Industry: Salon & Beauty +- FDD year: 2025 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/supercuts/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 39,500 +- initial_fee_high_usd: 39,500 +- royalty_pct: 6 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 5 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 185,930 +- total_investment_high_usd: 323,460 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Supercuts uses a Development Fee structure in lieu of a separate Initial Franchise Fee for new franchisees (those signing after September 29, 2011). The Development Fee serves as full payment for development and franchise rights: $39,500 for a Single Salon, $69,500 for 3-Salon Fast Start, $99,500 for 6-Salon Fast Start, plus $10,000 for each additional Salon beyond 6. There is no separate Initial Franchise Fee charged under the Franchise Agreement for these new franchisees. Existing franchisees who signed before September 30, 2011 pay lower Development Fees ($10,000–$12,500 per Salon) and $0 Initial Franchise Fee. During the last fiscal year, Development Fees ranged from $0 to $39,500, reflecting possible waivers or reductions in unique situations. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 1,801 +- franchised_outlets: 1,701 +- company_outlets: 100 +- states_count: 47 +- closure_rate_pct: 7.6 +- closures: 478 +- closures_not_itemized: 0 +- reacquired: 108 +- franchised_outlet_years: 6257 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -13.3 +- growth_outlets_from: 2,077 +- growth_outlets_to: 1,801 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 11 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 297,216 +- basis: median, TOTALS (1,661 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Average Gross Sales / Median Gross Sales / Max Gross Sales / Min Gross Sales | Top | 553 | 478,554 | 438,149 | 356,437 | 1,199,963 | Fiscal Year 2024-2025 (July 1, 2024 through June 30, 2025) | 66 | +| Average Gross Sales / Median Gross Sales / Max Gross Sales / Min Gross Sales | Mid | 554 | 300,051 | 297,217 | 250,731 | 356,384 | Fiscal Year 2024-2025 (July 1, 2024 through June 30, 2025) | 66 | +| Average Gross Sales / Median Gross Sales / Max Gross Sales / Min Gross Sales | Bottom | 554 | 188,594 | 195,944 | 35,691 | 250,421 | Fiscal Year 2024-2025 (July 1, 2024 through June 30, 2025) | 67 | +| Average Gross Sales / Median Gross Sales / Max Gross Sales / Min Gross Sales | TOTALS | 1,661 | 322,306 | 297,216 | 35,691 | 1,199,963 | Fiscal Year 2024-2025 (July 1, 2024 through June 30, 2025) | 67 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 2,252 | 14 | 0 | 0 | 0 | 196 | not disclosed | 2,070 | +| 2024 | 2,070 | 10 | 0 | 0 | 0 | 145 | not disclosed | 1,935 | +| 2025 | 1,935 | 11 | 0 | 0 | 108 | 137 | not disclosed | 1,701 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 297,216 +- investment_midpoint_usd: 254,695 +- revenue_to_investment: 1.17 +- royalty_pct: 6 +- revenue_per_royalty_point_usd: 49,536 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 185,930 | 10 | 17 | 184,794 | lowest first | Hair Salon | +| fee_low | 39,500 | 8 | 17 | 39,500 | lowest first | Hair Salon | +| royalty | 6 | 4 | 13 | 6 | lowest first | Hair Salon | +| allin | 11 | 12 | 13 | 8 | lowest first | Hair Salon | +| outlets | 1,801 | 2 | 17 | 48 | highest first | Hair Salon | +| growth | -13.3 | 8 | 11 | 0.3 | highest first | Hair Salon | +| closure | 7.6 | 8 | 11 | 5.8 | lowest first | Hair Salon | + +## Similar alternatives (closest first) +1. Lemon Tree (same sub-category; investment from $184,794) +2. SmartStyle (same sub-category; investment from $184,440) +3. Great Clips (same sub-category; investment from $187,800) +4. Sharkey's Cuts for Kids (same sub-category; investment from $189,415) +5. Cost Cutters (same sub-category; investment from $180,990) +6. Snip-its Salon (same sub-category; investment from $200,455) +7. Sit Still (same sub-category; investment from $157,984) +8. Primp and Blow (same sub-category; investment from $144,970) +9. Hair Cuttery (same sub-category; investment from $230,462) +10. Cookie Cutters (same sub-category; investment from $138,200) diff --git a/profiles_by_industry/senior-care.md b/profiles_by_industry/senior-care.md new file mode 100644 index 0000000000000000000000000000000000000000..c206792ac1b815045c3796d8e4e72f26441d756d --- /dev/null +++ b/profiles_by_industry/senior-care.md @@ -0,0 +1,96 @@ +# Senior Care franchises: 1 brand profiles (FranchiseDepth FDD Database) + +# A Better Solution In Home Care + +- Brand slug: a-better-solution-in-home-care +- Legal name: ABS Franchise Services, Inc. +- Industry: Senior Care +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/a-better-solution-in-home-care/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 55,000 +- initial_fee_high_usd: 55,000 +- royalty_pct: 5 +- royalty_min_monthly_usd: 1,000 +- marketing_fee_pct: 1 +- marketing_min_monthly_usd: 250 +- tech_fee_monthly_usd: 399 +- total_investment_low_usd: 126,890 +- total_investment_high_usd: 235,350 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Base $55k uniformly imposed. Discounts available: $2,500 Franchise Expo, $10,000 senior-level employee, $5,000 qualified veteran; territorial: $30,000 for second territory, $20,000 for third and subsequent. Optional Licensing Assistance Fee $3,500; Optional Enhanced Support Services Fee $4,500. System Technology Fee $299 per month. SwyftOps software is required; its monthly fee, paid directly to SwyftOps and based on scheduled hours or active clients, currently averages about $100 to $700+ per month. Local advertising: you must spend the greater of 2% of Gross Revenues or $1,000 per month, in addition to the National Marketing Fee. The franchisor may direct up to 4% of Gross Revenues to a Local Marketing Cooperative. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 30 +- franchised_outlets: 28 +- company_outlets: 2 +- states_count: 14 +- closure_rate_pct: 8.9 +- closures: 7 +- closures_not_itemized: 0 +- reacquired: 1 +- franchised_outlet_years: 79 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: 11.1 +- growth_outlets_from: 27 +- growth_outlets_to: 30 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 6 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 595,052 +- basis: median, 23 (out of 28) franchisee-owned Agencies open 12 full calendar months as of December 31, 2025 (23 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| 2025 Gross Revenue | 23 (out of 28) franchisee-owned Agencies open 12 full calendar months as of December 31, 2025 | 23 | 810,813.82 | 595,052 | 186,936.84 | 2,260,332.03 | Fiscal Year 2025 | 41 | +| Combined Gross Sales (Affiliate Agency Financial Results-2025) | 2 affiliate-owned Agencies (San Diego, CA and Phoenix, AZ), combined | 2 | 6,505,832 | not disclosed | not disclosed | not disclosed | Fiscal Year 2025 | 41 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 27 | 2 | 4 | 0 | 1 | 0 | 1 | 25 | +| 2024 | 25 | 3 | 1 | 0 | 0 | 0 | 1 | 27 | +| 2025 | 27 | 3 | 1 | 0 | 0 | 1 | 0 | 28 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 595,052 +- investment_midpoint_usd: 181,120 +- revenue_to_investment: 3.29 +- royalty_pct: 5 +- revenue_per_royalty_point_usd: 119,010 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 126,890 | 52 | 68 | 102,827 | lowest first | Senior Care | +| fee_low | 55,000 | 53 | 68 | 49,500 | lowest first | Senior Care | +| royalty | 5 | 4 | 65 | 5 | lowest first | Senior Care | +| allin | 6 | 6 | 65 | 7 | lowest first | Senior Care | +| outlets | 30 | 32 | 68 | 25.5 | highest first | Senior Care | +| growth | 11.1 | 20 | 32 | 16.9 | highest first | Senior Care | +| closure | 8.9 | 28 | 32 | 3.95 | lowest first | Senior Care | + +## Similar alternatives (closest first) +1. Mastercare (same industry; investment from $125,800) +2. 1Heart Caregiver Services (same industry; investment from $125,650) +3. Visiting Angels (same industry; investment from $125,460) +4. Elder-Well (same industry; investment from $130,900) +5. Amada Senior Care (same industry; investment from $121,577) +6. Avendelle Assisted Living (same industry; investment from $121,525) +7. Home Helpers Home Care (same industry; investment from $120,750) +8. 2nd Family (same industry; investment from $119,825) +9. Comfort Keepers (same industry; investment from $119,560) +10. Nurse Next Door (same industry; investment from $119,115) diff --git a/profiles_by_industry/staffing-employment.md b/profiles_by_industry/staffing-employment.md new file mode 100644 index 0000000000000000000000000000000000000000..c9e05d4e795cf1154e21c44c93c92d9b7113414d --- /dev/null +++ b/profiles_by_industry/staffing-employment.md @@ -0,0 +1,99 @@ +# Staffing & Employment franchises: 1 brand profiles (FranchiseDepth FDD Database) + +# ATC Healthcare Services + +- Brand slug: atc-healthcare-services +- Legal name: ATC Healthcare Services, LLC +- Industry: Staffing & Employment +- FDD year: 2026 (NASAA EFD) +- Source: https://www.nasaaefd.org/Franchise/Search +- FranchiseDepth page: https://franchisedepth.com/franchise/atc-healthcare-services/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 30,000 +- initial_fee_high_usd: 50,000 +- royalty_pct: not disclosed +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 0 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 158,500 +- total_investment_high_usd: 302,500 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard fee $50,000; military veteran/active duty discount 25% ($37,500); last fiscal year collected $30,000-$50,000. Multiple unit packages: $50,000 first unit + $37,500 per additional unit. Royalty Fee is 45% of gross margin on temporary and temp-to-hire placement revenue and 15% of gross margin on permanent placement revenue, where gross margin is Total Revenue less Direct Costs. Conversion franchises pay 35% of gross margin on existing business for the first two years, then 45%. Minimum royalty, assessed quarterly: $12,000 in year 1 ($6,000 in each of quarters 3 and 4), $100,000 in year 2, $150,000 in year 3, $200,000 in year 4, $210,000 in year 5, $220,500 in year 6, $231,524 in year 7, $243,100 in year 8, $255,256 in year 9 and $268,016 in year 10. Technology Fee $1,500-$3,000 per month. Brand Development Fee of up to 1% of Total Revenue is reserved; the fund was not established as of September 30, 2025. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 34 +- franchised_outlets: 34 +- company_outlets: 0 +- states_count: 17 +- closure_rate_pct: 22.6 +- closures: 36 +- closures_not_itemized: 0 +- reacquired: 4 +- franchised_outlet_years: 159 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -47.7 +- growth_outlets_from: 65 +- growth_outlets_to: 34 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: not disclosed +- all_in_basis: not disclosed + +## Comparable revenue +- annual_revenue_usd: 1,518,641 +- basis: median, Reporting Franchises Open for 1-5 Years (14 franchises) (14 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Total Revenue of Reporting Franchises Open for 1-5 Years | Reporting Franchises Open for 1-5 Years (14 franchises) | 14 | 3,536,960 | 1,518,641 | 105,577 | 13,786,163 | fiscal year ended September 30, 2025 | not disclosed | +| Gross Margin % of Reporting Franchises Open for 1-5 Years | Reporting Franchises Open for 1-5 Years (14 franchises) | 14 | 22 | 21 | 12 | 34 | | not disclosed | +| Total Revenue of Reporting Franchises Open for 6-10 Years | Reporting Franchises Open for 6-10 Years (8 franchises) | 8 | 1,799,504 | 2,007,974 | 444,638 | 3,654,501 | | not disclosed | +| Gross Margin % of Reporting Franchises Open for 6-10 Years | Reporting Franchises Open for 6-10 Years (8 franchises) | 8 | 25 | 23 | 18 | 37 | | not disclosed | +| Total Revenue of Reporting Franchises Open for 11+ Years | Reporting Franchises Open for 11+ Years (11 franchises) | 11 | 3,485,449 | 1,966,369 | 283,978 | 10,286,436 | | not disclosed | +| Gross Margin % of Reporting Franchises Open for 11+ Years | Reporting Franchises Open for 11+ Years (11 franchises) | 11 | 22 | 21 | 16 | 30 | | not disclosed | +| Permanent Placements | Reporting Franchises Offering Permanent Placements (9 franchises) | not disclosed | 18,885 | 15,707 | 1,778 | 68,273 | fiscal year ended September 30, 2025 | 53 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 60 | 12 | 5 | 0 | 0 | 2 | not disclosed | 65 | +| 2024 | 65 | 1 | 28 | 0 | 4 | 0 | not disclosed | 34 | +| 2025 | 34 | 1 | 1 | 0 | 0 | 0 | not disclosed | 34 | + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 1,518,641 +- investment_midpoint_usd: 230,500 +- revenue_to_investment: 6.59 +- royalty_pct: not disclosed +- revenue_per_royalty_point_usd: not disclosed + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 158,500 | 28 | 30 | 77,791.5 | lowest first | Staffing & Employment | +| fee_low | 30,000 | 10 | 29 | 37,500 | lowest first | Staffing & Employment | +| outlets | 34 | 15 | 30 | 33 | highest first | Staffing & Employment | +| growth | -47.7 | 15 | 15 | -4.9 | highest first | Staffing & Employment | +| closure | 22.6 | 13 | 13 | 10.2 | lowest first | Staffing & Employment | + +## Similar alternatives (closest first) +1. Signal (same industry; investment from $160,200) +2. Labor Finders (same industry; investment from $153,635) +3. AtWork (same industry; investment from $165,000) +4. PrideStaff (same industry; investment from $151,950) +5. Silbar Security (same industry; investment from $145,500) +6. Snapchef (same industry; investment from $138,140) +7. Spherion (same industry; investment from $132,980) +8. Express Employment Professionals (same industry; investment from $131,000) +9. Nextaff (same industry; investment from $126,700) +10. The Entrepreneur's Source (same industry; investment from $114,350) diff --git a/profiles_by_industry/tax-financial.md b/profiles_by_industry/tax-financial.md new file mode 100644 index 0000000000000000000000000000000000000000..52dca3f4b546d91d472cbc231d412b71b87ff42f --- /dev/null +++ b/profiles_by_industry/tax-financial.md @@ -0,0 +1,109 @@ +# Tax & Financial franchises: 1 brand profiles (FranchiseDepth FDD Database) + +# Liberty Tax Service + +- Brand slug: liberty-tax-service +- Legal name: JTH Tax LLC +- Industry: Tax & Financial +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/liberty-tax-service/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 25,000 +- initial_fee_high_usd: 25,000 +- royalty_pct: 14 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 5 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 49,700 +- total_investment_high_usd: 71,400 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +Standard fee $25,000. Franchisor has offered franchises at reduced rates, including $0 in company store purchase programs. Royalty of 14% of Gross Receipts is subject to annual minimums: no minimum in year 1, $5,000 in year 2, $8,000 in year 3 and $11,000 in years 4 and 5. Any shortfall to the minimum is due May 5 for the twelve months ending April 30. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 1,663 +- franchised_outlets: 1,537 +- company_outlets: 126 +- states_count: 51 +- closure_rate_pct: 8.7 +- closures: 478 +- closures_not_itemized: 0 +- reacquired: 55 +- franchised_outlet_years: 5490 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -11.8 +- growth_outlets_from: 1,885 +- growth_outlets_to: 1,663 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 19 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 139,486 +- basis: median, 1,411 franchise-owned Liberty Tax offices operated during tax season 2025 and remained active into tax season 2026 (1,411 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| Net Fees | 1,411 franchise-owned Liberty Tax offices operated during tax season 2025 and remained active into tax season 2026 | 1,411 | 164,860 | 139,486 | 5,306 | 1,145,331 | Tax season 2025 (January 1 - December 31, 2025) | not disclosed | +| Returns (Federal Tax Returns transmitted) | 1,411 franchise-owned Liberty Tax offices operated during tax season 2025 and remained active into tax season 2026 | 1,411 | 586 | 494 | 25 | 4,729 | Tax season 2025 (January 1 - December 31, 2025) | not disclosed | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 1,991 | 23 | 119 | 30 | 0 | 52 | not disclosed | 1,813 | +| 2024 | 1,813 | 34 | 73 | 38 | 12 | 38 | not disclosed | 1,686 | +| 2025 | 1,686 | 22 | 62 | 38 | 43 | 28 | not disclosed | 1,537 | + +## Agreement terms (Item 17) +- term_years: 5 +- renewal_count: not disclosed +- renewal_term_years: 5 +- renewal_fee: There is no fee for renewal but you must sign a general release of claims (Ex. D-4), at our request, remodel, refurbish, and modernize your franchised business, notify us in writing at least 180 days before the expiration of the agreement, be in full compliance with your Franchise Agreement and our Operations Manual and you will be required to sign our then-current standard franchise agreement 90 days before expiration of the agreement that may contain materially different terms and conditions t +- transfer_fee: You must be in compliance with the franchise agreement, pay transfer fees, sign a release (Ex. D-4), we must approve transferee, we have right of first refusal and transferee must attend and successfully complete training, transferee must agree to fully and timely complete a remodeling, refurbishing, and modernizing of the franchised business within 90 days following the completion of the transfer. +- cure_period_days: 7 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 25 +- dispute_resolution: arbitration +- governing_law_state: VA +- fdd_page: 55 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 139,486 +- investment_midpoint_usd: 60,550 +- revenue_to_investment: not disclosed +- royalty_pct: 14 +- revenue_per_royalty_point_usd: 9,963 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 49,700 | 18 | 52 | 59,350 | lowest first | Tax & Financial | +| fee_low | 25,000 | 17 | 51 | 29,500 | lowest first | Tax & Financial | +| royalty | 14 | 22 | 34 | 10 | lowest first | Tax & Financial | +| allin | 19 | 26 | 34 | 12 | lowest first | Tax & Financial | +| outlets | 1,663 | 4 | 52 | 78 | highest first | Tax & Financial | +| growth | -11.8 | 32 | 38 | -1.15 | highest first | Tax & Financial | +| closure | 8.7 | 24 | 36 | 6.15 | lowest first | Tax & Financial | + +## Similar alternatives (closest first) +1. Atax (same sub-category; investment from $59,150) +2. H&R Block (same sub-category; investment from $34,080) +3. Jackson Hewitt Tax Service (same sub-category; investment from $71,050) +4. Toro Taxes (same sub-category; investment from $17,835) +5. Estrella Insurance (same industry; investment from $49,950) +6. Decimal (same industry; investment from $46,300) +7. Loyalty Business Brokers (same industry; investment from $53,350) +8. Co/LAB (same industry; investment from $54,750) +9. Motto Mortgage (same industry; investment from $55,700) +10. Brightway Insurance (same industry; investment from $43,425) diff --git a/profiles_by_industry/tech-services.md b/profiles_by_industry/tech-services.md new file mode 100644 index 0000000000000000000000000000000000000000..4339c54c0c32287ae858606ca914ccf2a810522d --- /dev/null +++ b/profiles_by_industry/tech-services.md @@ -0,0 +1,113 @@ +# Tech Services franchises: 1 brand profiles (FranchiseDepth FDD Database) + +# uBreakiFix by Asurion + +- Brand slug: ubreakifix-by-asurion +- Legal name: UBIF Franchising Co +- Industry: Tech Services +- FDD year: 2026 (MN) +- Source: https://www.cards.commerce.state.mn.us/CARDS/ +- FranchiseDepth page: https://franchisedepth.com/franchise/ubreakifix-by-asurion/ +- Hand-checked against the FDD: yes + +## Fees and investment (Items 5-7) +- initial_fee_low_usd: 25,000 +- initial_fee_high_usd: 40,000 +- royalty_pct: 7 +- royalty_min_monthly_usd: not disclosed +- marketing_fee_pct: 0 +- marketing_min_monthly_usd: not disclosed +- tech_fee_monthly_usd: not disclosed +- total_investment_low_usd: 171,350 +- total_investment_high_usd: 468,150 +- liquid_capital_usd: not disclosed +- net_worth_usd: not disclosed + +## Fee notes +First Franchise Agreement requires a $40,000 Initial Franchise Fee plus a $12,500 Initial Training Fee (both non-refundable). Second or subsequent Franchise Agreements carry a reduced Initial Franchise Fee of $25,000, with the Initial Training Fee potentially waived. The Initial Franchise Fee and/or Initial Training Fee may be waived for affiliate-executed agreements, conversions from independent repair stores, or purchases of existing affiliate-owned stores. Under an Area Development Agreement, the first store's Initial Franchise Fee is $40,000 and subsequent stores are $25,000 (with a $12,500-per-store Development Fee credited against subsequent fees). Low set to $25,000 (subsequent/reduced fee) and high set to $40,000 (first store standard fee), excluding the Initial Training Fee of $12,500 which is a separate required fee. Continuing Royalty is 7% of Non-Recommerce Revenue and 4% of Recommerce Revenue (Gross Sales from pre-owned mobile and other electronic devices), paid monthly. Technology and Customer Support Fee is 1% of Gross Sales, paid monthly with the royalty. Advertising Fee is up to 2% of Gross Sales once an Advertising Fund is established; as of December 31, 2025, franchisees were not required to contribute. A National Account Administrative Fee of up to 5% of Gross Sales from National Account services may be charged in addition to the royalty. + +## Outlets, closure rate, growth and all-in fee +- total_outlets: 677 +- franchised_outlets: 549 +- company_outlets: 128 +- states_count: 44 +- closure_rate_pct: 4.3 +- closures: 66 +- closures_not_itemized: 0 +- reacquired: 1 +- franchised_outlet_years: 1551 +- closure_year_from: 2023 +- closure_year_to: 2025 +- closure_ranking_eligible: yes +- growth_pct: -6.1 +- growth_outlets_from: 721 +- growth_outlets_to: 677 +- growth_year_from: 2023 +- growth_year_to: 2025 +- growth_ranking_eligible: yes +- all_in_fee_pct: 7 +- all_in_basis: royalty + marketing fund + +## Comparable revenue +- annual_revenue_usd: 593,881.02 +- basis: median, Stores that were Open 3+ years (as of 12/31/2025) (425 Stores) (425 outlets) + +## Item 19 figures +| metric | cohort | outlets | avg | median | min | max | period | page | +|---|---|---|---|---|---|---|---|---| +| 2025 Total Revenue | Stores that were Open 3+ years (as of 12/31/2025) (425 Stores) | 425 | 612,328.07 | 593,881.02 | 214,930.7 | 1,625,206.22 | 2025 calendar year | 56 | +| Cost of Goods Sold (COGS) | Stores that were Open 3+ years (as of 12/31/2025) (425 Stores) | 425 | 233,021.67 | 226,545.51 | 91,510.28 | 612,146.54 | 2025 calendar year | 56 | +| Gross Profit | Stores that were Open 3+ years (as of 12/31/2025) (425 Stores) | 425 | 379,306.4 | 365,561.6 | 123,420.42 | 1,013,059.68 | 2025 calendar year | 56 | +| 2025 Total Revenue | Stores that were Open 1-3 years (as of 12/31/2025) (95 Stores) | 95 | 545,898.37 | 511,161.69 | 221,754.7 | 1,061,801.97 | 2025 calendar year | 56 | +| Cost of Goods Sold (COGS) | Stores that were Open 1-3 years (as of 12/31/2025) (95 Stores) | 95 | 219,971.92 | 197,057.96 | 82,451.89 | 423,088.34 | 2025 calendar year | 56 | +| Gross Profit | Stores that were Open 1-3 years (as of 12/31/2025) (95 Stores) | 95 | 325,926.45 | 308,976.22 | 139,302.82 | 638,713.63 | 2025 calendar year | 56 | + +## Franchised outlet turnover by year (Item 20 Table 3) +| year | start | opened | terminated | non-renewed | reacquired | ceased | transferred | end | +|---|---|---|---|---|---|---|---|---| +| 2023 | 443 | 136 | 18 | 0 | 1 | 3 | not disclosed | 557 | +| 2024 | 557 | 15 | 2 | 1 | 0 | 18 | not disclosed | 551 | +| 2025 | 551 | 22 | 13 | 0 | 0 | 11 | not disclosed | 549 | + +## Agreement terms (Item 17) +- term_years: 10 +- renewal_count: 2 +- renewal_term_years: 10 +- renewal_fee: pay a renewal fee of $10,000 +- transfer_fee: pay all sums owed, including a transfer fee; sign releases and disclose all material information we request. The transferee must qualify; assume the Franchise Agreement or sign a new Franchise Agreement; complete training and pay our training fee; repair and refurbish the Store and each Mobile Unit assignee. +- cure_period_days: 10 +- noncompete_post_term_years: 2 +- noncompete_post_term_radius_miles: 20 +- dispute_resolution: arbitration +- governing_law_state: FL +- fdd_page: 49 + +## Revenue relative to cost (revenue is not profit) +- comparable_annual_revenue_usd: 593,881 +- investment_midpoint_usd: 319,750 +- revenue_to_investment: 1.86 +- royalty_pct: 7 +- revenue_per_royalty_point_usd: 84,840 + +## Rank against peers +| metric | value | rank | peers | peer median | order | peer group | +|---|---|---|---|---|---|---| +| inv_low | 171,350 | 8 | 8 | 91,000 | lowest first | Device Repair | +| fee_low | 25,000 | 3 | 8 | 25,000 | lowest first | Device Repair | +| royalty | 7 | 13 | 29 | 7 | lowest first | Tech Services | +| allin | 7 | 5 | 29 | 9 | lowest first | Tech Services | +| outlets | 677 | 1 | 8 | 52 | highest first | Device Repair | +| growth | -6.1 | 15 | 20 | 7.7 | highest first | Tech Services | +| closure | 4.3 | 9 | 19 | 6.3 | lowest first | Tech Services | + +## Similar alternatives (closest first) +1. Techy (same sub-category; investment from $118,600) +2. NerdsToGo (same sub-category; investment from $115,119) +3. SD Tech (same sub-category; investment from $91,650) +4. CPR (same sub-category; investment from $90,350) +5. Mr Fix (same sub-category; investment from $79,742) +6. iFixandRepair (same sub-category; investment from $78,200) +7. UltraFix (same sub-category; investment from $70,000) +8. Intelligent Assistant (same industry; investment from $168,000) +9. Shrunk 3D (same industry; investment from $187,485) +10. Holt Computer Training (same industry; investment from $151,800)