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FranchiseDepth
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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	reacquired	ceased	transferred	end
2023	27	2	4	1	0	1	25
2024	25	3	1	0	0	1	27
2025	27	3	1	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)

Mastercare (same industry; investment from $125,800)
1Heart Caregiver Services (same industry; investment from $125,650)
Visiting Angels (same industry; investment from $125,460)
Elder-Well (same industry; investment from $130,900)
Amada Senior Care (same industry; investment from $121,577)
Avendelle Assisted Living (same industry; investment from $121,525)
Home Helpers Home Care (same industry; investment from $120,750)
2nd Family (same industry; investment from $119,825)
Comfort Keepers (same industry; investment from $119,560)
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)

Twin Peaks (same sub-category; investment from $2,959,000)
Patsy's Italian Restaurant (same sub-category; investment from $2,853,500)
Fogo de Chão (same sub-category; investment from $2,680,000)
Ruth's Chris Steak House (same sub-category; investment from $2,502,000)
Chili's (same sub-category; investment from $3,959,695)
Carrabba's Italian Grill (same sub-category; investment from $4,260,000)
Bombshells Restaurant and Bar (same sub-category; investment from $2,094,000)
Outback Steakhouse (same sub-category; investment from $4,303,000)
Bonefish Grill (same sub-category; investment from $4,303,000)
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	ceased	transferred	end
2021	46	1	1	4	not disclosed	42
2022	42	5	0	1	not disclosed	46
2023	46	1	5	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)

Engel & Völkers (same sub-category; investment from $108,690)
The Oceanaire Realty (same sub-category; investment from $81,700)
Christie's International Real Estate (same sub-category; investment from $64,475)
Corcoran (same sub-category; investment from $62,150)
Sotheby's International Realty (same sub-category; investment from $47,250)
Integra (same industry; investment from $236,000)
Linden Creek (same industry; investment from $227,225)
Set the Stage (same industry; investment from $204,150)
Keller Williams Realty (same industry; investment from $183,647)
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	reacquired	ceased	transferred	end
2023	60	12	5	0	2	not disclosed	65
2024	65	1	28	4	0	not disclosed	34
2025	34	1	1	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)

Signal (same industry; investment from $160,200)
Labor Finders (same industry; investment from $153,635)
AtWork (same industry; investment from $165,000)
PrideStaff (same industry; investment from $151,950)
Silbar Security (same industry; investment from $145,500)
Snapchef (same industry; investment from $138,140)
Spherion (same industry; investment from $132,980)
Express Employment Professionals (same industry; investment from $131,000)
Nextaff (same industry; investment from $126,700)
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	non-renewed	reacquired	ceased	transferred	end
2023	77	1	1	6	5	3	67
2024	67	1	1	0	4	1	67
2025	67	1	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)

Lucha Libre Gourmet Taco Shop (same sub-category; investment from $431,000)
Burrito Parrilla Mexicana (same sub-category; investment from $437,000)
Super Mex (same sub-category; investment from $418,644)
Barrio Burrito Bar (same sub-category; investment from $418,620)
California Tortilla (same sub-category; investment from $443,700)
Taco Pros (same sub-category; investment from $456,500)
Tijuana Flats (same sub-category; investment from $469,550)
Taco Maya (same sub-category; investment from $369,000)
Tio Juan's Margaritas Mexican Restaurant (same sub-category; investment from $488,800)
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

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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	terminated	reacquired	ceased	transferred	end
2021	57	0	0	0	1	57
2022	57	1	1	0	1	55
2023	55	1	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

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Jung Kwan Jang (same sub-category; investment from $111,000)
Everything Christmas (same sub-category; investment from $112,600)
Good Games (same sub-category; investment from $114,250)
Fast-FIX Jewelry and Watch Repairs (same sub-category; investment from $114,700)
CBD American Shaman (same sub-category; investment from $88,100)
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	transferred	end
2021	35	1	2	36
2022	36	2	2	38
2023	38	2	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

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Laundry Spot (same industry; investment from $1,268,500)
Martinizing (same industry; investment from $426,748)
Door to Door Laundry (same industry; investment from $393,783)
WaveMAX Laundry (same industry; investment from $359,105)
Mulberrys Garment Care (same industry; investment from $353,500)
Tide Laundromat (same industry; investment from $1,751,885)
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	ceased	transferred	end
2023	66	5	0	3	6	68
2024	68	11	0	1	not disclosed	78
2025	78	7	3	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

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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

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Mosquito Authority (same industry; investment from $39,000)
Premier Pool Service / Pinnacle Pool Service (same industry; investment from $43,150)
DryJect (same industry; investment from $46,100)
Outdoor Lighting Concepts (same industry; investment from $48,000)
Pacific Lawn Sprinklers (same industry; investment from $23,800)
Superior Mosquito Defense® (same industry; investment from $17,400)
NaturaLawn of America (same industry; investment from $57,500)
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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	transferred	end
2023	114	2	2	0	1	15	113
2024	113	11	5	1	0	10	118
2025	118	4	6	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

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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	reacquired	ceased	transferred	end
2023	174	33	0	2	0	not disclosed	205
2024	205	15	0	0	0	not disclosed	220
2025	220	9	2	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)

Hounds Town USA (same sub-category; investment from $667,610)
All American Pet Resorts (same sub-category; investment from $687,500)
District Dogs (same sub-category; investment from $622,225)
Camp Run-A-Mutt (same sub-category; investment from $588,900)
A Dog's Day Out (same sub-category; investment from $749,750)
Central Bark (same sub-category; investment from $522,474)
DoggieWorld (same sub-category; investment from $470,000)
Camp Bow Wow (same sub-category; investment from $954,606)
Dogdrop (same sub-category; investment from $356,050)
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)

Complete Mobile Drug Testing (same industry; investment from $72,350)
Gasket Guy (same industry; investment from $80,050)
World Options (same industry; investment from $81,100)
Instant Imprints (same industry; investment from $82,800)
TownePost (same industry; investment from $83,350)
Locals Love Us (same industry; investment from $66,750)
InXpress (same industry; investment from $86,900)
Money Mailer (same industry; investment from $64,630)
Runningboards Marketing (same industry; investment from $87,400)
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	reacquired	ceased	transferred	end
2022	95	15	0	0	13	3	97
2023	97	26	0	0	4	6	119
2024	119	30	13	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)

Fly to Fit Bungee Fitness Studio (same sub-category; investment from $94,200)
Special Strong (same sub-category; investment from $89,750)
ServiceRX (same sub-category; investment from $64,175)
Club KO (same sub-category; investment from $127,962)
A.E.S. Fitness (same sub-category; investment from $55,950)
Soldierfit (same sub-category; investment from $136,684)
Farrell's eXtreme Bodyshaping (same sub-category; investment from $151,028)
9Round (same sub-category; investment from $160,449)
Moms on the RUN (same sub-category; investment from $13,900)
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	reacquired	ceased	transferred	end
2023	487	43	2	1	0	not disclosed	527
2024	527	55	0	0	2	not disclosed	580
2025	580	25	4	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)

Viyada Thai SPA (same sub-category; investment from $311,400)
LaVida Massage (same sub-category; investment from $293,250)
Cloud 9 Foot Spa (same sub-category; investment from $262,450)
Massage Heights (same sub-category; investment from $472,199)
The NOW (same sub-category; investment from $476,459)
Spavia (same sub-category; investment from $495,800)
Brilliant Massage & Skin (same sub-category; investment from $120,767)
Elements Massage (same sub-category; investment from $567,239)
MassageLuXe (same sub-category; investment from $570,900)
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	transferred	end
2023	280	4	10	0	1	not disclosed	273
2024	273	4	15	2	0	not disclosed	260
2025	260	4	17	3	1	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)

Prepaze Academy (same sub-category; investment from $154,000)
LearningRx (same sub-category; investment from $150,000)
Omega Learning Center (same sub-category; investment from $135,913)
Mathnasium (same sub-category; investment from $127,316)
Level UP Learning (same sub-category; investment from $126,265)
Sylvan Learning (same sub-category; investment from $117,600)
The Tutoring Center (same sub-category; investment from $114,420)
GradePower Learning (same sub-category; investment from $113,136)
Genius Kids (same sub-category; investment from $276,300)
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)

Atax (same sub-category; investment from $59,150)
H&R Block (same sub-category; investment from $34,080)
Jackson Hewitt Tax Service (same sub-category; investment from $71,050)
Toro Taxes (same sub-category; investment from $17,835)
Estrella Insurance (same industry; investment from $49,950)
Decimal (same industry; investment from $46,300)
Loyalty Business Brokers (same industry; investment from $53,350)
Co/LAB (same industry; investment from $54,750)
Motto Mortgage (same industry; investment from $55,700)
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	reacquired	ceased	transferred	end
2023	951	43	1	25	not disclosed	968
2024	968	47	0	20	not disclosed	995
2025	995	63	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)

Level UP Learning (same sub-category; investment from $126,265)
Omega Learning Center (same sub-category; investment from $135,913)
Sylvan Learning (same sub-category; investment from $117,600)
The Tutoring Center (same sub-category; investment from $114,420)
GradePower Learning (same sub-category; investment from $113,136)
LearningRx (same sub-category; investment from $150,000)
Kumon (same sub-category; investment from $101,630)
Prepaze Academy (same sub-category; investment from $154,000)
The Resource Room (same sub-category; investment from $94,500)
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	reacquired	ceased	transferred	end
2022	374	60	1	4	not disclosed	429
2023	429	60	0	4	not disclosed	485
2024	485	28	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)

Natural Hounds (same sub-category; investment from $347,026)
Petland (same sub-category; investment from $315,500)
Pet Evolution (same sub-category; investment from $800,550)
Wild Birds Unlimited (same sub-category; investment from $231,635)
Three Dog Bakery (same sub-category; investment from $181,087)
Pet Wants (same sub-category; investment from $148,150)
Salty Paws® (same sub-category; investment from $99,270)
Central Bark (same industry; investment from $522,474)
WNW (same industry; investment from $520,250)
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	reacquired	ceased	transferred	end
2023	2,252	14	0	196	not disclosed	2,070
2024	2,070	10	0	145	not disclosed	1,935
2025	1,935	11	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)

Lemon Tree (same sub-category; investment from $184,794)
SmartStyle (same sub-category; investment from $184,440)
Great Clips (same sub-category; investment from $187,800)
Sharkey's Cuts for Kids (same sub-category; investment from $189,415)
Cost Cutters (same sub-category; investment from $180,990)
Snip-its Salon (same sub-category; investment from $200,455)
Sit Still (same sub-category; investment from $157,984)
Primp and Blow (same sub-category; investment from $144,970)
Hair Cuttery (same sub-category; investment from $230,462)
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	reacquired	transferred	end
2022	134	94	0	1	not disclosed	227
2023	227	100	1	1	not disclosed	325
2024	325	110	1	2	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)

Grease Monkey (same sub-category; investment from $708,057)
SpeeDee Oil Change & Auto Service (same sub-category; investment from $708,057)
Jiffy Lube (same sub-category; investment from $236,000)
Victory Lane (same sub-category; investment from $235,000)
Valvoline Instant Oil Change (same sub-category; investment from $192,375)
Econo Lube N' Tune & Brakes (same sub-category; investment from $184,377)
Costa Oil (same sub-category; investment from $131,750)
All Tune and Lube® (same sub-category; investment from $103,800)
Hertz (same industry; investment from $879,300)
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	non-renewed	reacquired	ceased	transferred	end
2022	610	123	0	16	5	46	712
2023	712	104	1	3	12	24	800
2024	800	60	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)

Maxliving (same sub-category; investment from $167,600)
Pure Health Chiropractic (same sub-category; investment from $151,000)
100% Chiropractic (same sub-category; investment from $339,742)
ChiroWay (same sub-category; investment from $113,350)
Federal Injury Centers (same sub-category; investment from $94,300)
The Wellness Way (same sub-category; investment from $75,400)
HealthSource Chiropractic (same sub-category; investment from $435,932)
Hydrate IV Bar (same industry; investment from $242,050)
Positive Reset (same industry; investment from $240,550)
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	transferred	end
2022	145	4	4	1	41	not disclosed	103
2023	103	9	1	0	11	not disclosed	100
2024	100	3	1	0	1	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)

Meineke (same sub-category; investment from $224,898)
Car Doctor Plus (same sub-category; investment from $218,000)
AAMCO (same sub-category; investment from $236,800)
Michelin Commercial Service Network (same sub-category; investment from $189,000)
Honest1 (same sub-category; investment from $255,750)
Precision Tune Auto Care (same sub-category; investment from $181,601)
Merlin (same sub-category; investment from $264,745)
Mr. Transmission / Milex Complete Auto Care (same sub-category; investment from $267,500)
Summit Auto Calibration (same sub-category; investment from $160,550)
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)

Techy (same sub-category; investment from $118,600)
NerdsToGo (same sub-category; investment from $115,119)
SD Tech (same sub-category; investment from $91,650)
CPR (same sub-category; investment from $90,350)
Mr Fix (same sub-category; investment from $79,742)
iFixandRepair (same sub-category; investment from $78,200)
UltraFix (same sub-category; investment from $70,000)
Intelligent Assistant (same industry; investment from $168,000)
Shrunk 3D (same industry; investment from $187,485)
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	reacquired	ceased	transferred	end
2023	15	14	0	0	0	not disclosed	29
2024	29	25	0	1	0	not disclosed	53
2025	53	12	1	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

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