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    Auntie Anne's

    Franchise research report · reviewed 2026 disclosure data

    Researching Auntie Anne's franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources

    Auntie Anne’s is a soft pretzel franchise serving freshly baked pretzels. The business began in 1988 when Anne Beiler purchased a stand at a Pennsylvania farmers market.

    Headline figures

    Quick facts

    How much does it cost to open an Auntie Anne's franchise?
    The Auntie Anne's Franchise Disclosure Document reports separate estimated initial investments by format: $835,500 for full shop — total initial investment high (2026 FDD, Item 7, PDF p. 45); $118,225–$279,100 for mobile / route (concession shop food truck — total initial investment low) (2026 FDD, Item 7, PDF p. 46); $410,675–$1,205,400 for cinnabon co-branded shop — total initial investment low (2026 FDD, Item 7, PDF p. 49); $472,375–$1,811,400 for jamba co-branded shop — total initial investment low (2026 FDD, Item 7, PDF p. 50); $1,205,400 for cinnabon co-branded shop — total initial investment high (2026 FDD, Item 7, PDF p. 49); $157,795–$835,500 for full shop — total initial investment low (2026 FDD, Item 7, PDF p. 45); $115,225–$261,800 for concession shop trailer — total initial investment low (2026 FDD, Item 7, PDF p. 47); $279,100 for mobile / route (concession shop food truck — total initial investment high) (2026 FDD, Item 7, PDF p. 46); $1,811,400 for jamba co-branded shop — total initial investment high (2026 FDD, Item 7, PDF p. 50); $261,800 for concession shop trailer — total initial investment high (2026 FDD, Item 7, PDF p. 47). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    What is the Auntie Anne's initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $4,800 (2026 FDD, Item 5, PDF p. 29). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does Auntie Anne's charge?
    The disclosed ongoing royalty is 7% (2026 FDD, Item 6, PDF p. 30). The brand or advertising fund contribution is $2 (2026 FDD, Item 6, PDF p. 31). Other recurring fees are listed in Item 6. Details
    Does Auntie Anne's disclose financial performance (Item 19)?
    Yes. The Auntie Anne's FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 91). Figures apply only to the locations and period each one covers. Details
    How many Auntie Anne's locations are there?
    The FDD reports 1,236 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 95). Existing locations do not indicate territory availability. Details

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1The 2026 FDD (Item 7) estimates opening costs separately by format: $835,500 (Full Shop — total initial investment high); $118,225 – $279,100 (Concession Shop food truck — total initial investment low); $410,675 – $1,205,400 (Cinnabon Co-Branded Shop — total initial investment low); $472,375 – $1,811,400 (Jamba Co-Branded Shop — total initial investment low); $1,205,400 (Cinnabon Co-Branded Shop — total initial investment high); $157,795 – $835,500 (Full Shop — total initial investment low); $115,225 – $261,800 (Concession Shop trailer — total initial investment low); $279,100 (Concession Shop food truck — total initial investment high); $1,811,400 (Jamba Co-Branded Shop — total initial investment high); $261,800 (Concession Shop trailer — total initial investment high); several initial fee options apply.
    2. 2Item 19 covers 7 separate groups: other measures for 122 locations; other measures for 16 locations; other measures for 23 locations; other measures for 123 locations; other measures for 9 locations; other measures for 24 locations; other measures for 10 locations. They are not combined.
    3. 3Outlets grew by 54 in 2025, to 1,236 (systemwide, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Range across 10 single-unit formats

    2026 FDD · Item 7

    Formats disclosed in Item 7 (10)

    Each format has its own total. The total depends on the format you choose.

    • Concession Shop trailer — total initial investment lowPDF p. 47$115,225 – $261,800
    • Concession Shop food truck — total initial investment lowPDF p. 46$118,225 – $279,100
    • Full Shop — total initial investment lowPDF p. 45$157,795 – $835,500
    • Concession Shop trailer — total initial investment highPDF p. 47$261,800
    • Concession Shop food truck — total initial investment highPDF p. 46$279,100
    • Cinnabon Co-Branded Shop — total initial investment lowPDF p. 49$410,675 – $1,205,400
    • Jamba Co-Branded Shop — total initial investment lowPDF p. 50$472,375 – $1,811,400
    • Full Shop — total initial investment highPDF p. 45$835,500
    • Cinnabon Co-Branded Shop — total initial investment highPDF p. 49$1,205,400
    • Jamba Co-Branded Shop — total initial investment highPDF p. 50$1,811,400

    Standard single-unit franchise fee

    2026 FDD · Item 5 · PDF p. 29
    Discounted and multi-unit options are separate; see all fees.

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Royalty fee — standard Shops current percentageMain ongoing fee

    54 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    7 separate populations, shown apart. Revenue is not owner income.

    Locations counted: not stated in the reviewed record

    Other measures · 122 locations

    Who is counted
    Enclosed Mall Franchises
    Period
    average net sales, third quartile FY2025
    Excluded
    Excludes co-branded franchises, franchises not reporting all 52 weeks, and franchises permanently closed during FY2025; 489 of 561 locations represented overall.

    Locations counted: not stated in the reviewed record

    Other measures · 16 locations

    Who is counted
    Cinnabon Co-Branded Franchises
    Period
    average net sales, third quartile FY2025
    Excluded
    Excludes franchises not reporting all 52 weeks; 64 of 69 locations represented overall.

    Locations counted: not stated in the reviewed record

    Other measures · 23 locations

    Who is counted
    Outlet Center Franchises
    Period
    average net sales, second quartile FY2025
    Excluded
    Excludes co-branded franchises, franchises not reporting all 52 weeks, and franchises permanently closed during FY2025; 93 of 122 locations represented overall.

    Locations counted: not stated in the reviewed record

    Other measures · 123 locations

    Who is counted
    Enclosed Mall Franchises
    Period
    average net sales, top quartile FY2025
    Excluded
    Excludes co-branded franchises, franchises not reporting all 52 weeks, and franchises permanently closed during FY2025; 489 of 561 locations represented overall.

    Locations counted: not stated in the reviewed record

    Other measures · 9 locations

    Who is counted
    Airport Franchises
    Period
    average net sales, second quartile FY2025
    Excluded
    Excludes co-branded franchises, franchises not reporting all 52 weeks, and franchises permanently closed during FY2025; 37 of 51 locations represented overall.

    Locations counted: not stated in the reviewed record

    Other measures · 24 locations

    Who is counted
    Outlet Center Franchises
    Period
    average net sales, top quartile FY2025
    Excluded
    Excludes co-branded franchises, franchises not reporting all 52 weeks, and franchises permanently closed during FY2025; 93 of 122 locations represented overall.

    Locations counted: not stated in the reviewed record

    Other measures · 10 locations

    Who is counted
    Airport Franchises
    Period
    average net sales, top quartile FY2025
    Excluded
    Excludes co-branded franchises, franchises not reporting all 52 weeks, and franchises permanently closed during FY2025; 37 of 51 locations represented overall.

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    systemwide, as labeled in the FDD · counts as of 2025 of each year.

    2026 FDD · Item 20 · PDF p. 95

    Net +80 outlets, 2023–2025

    01,15620231,18220241,2362025+26+54

    Year-end counts reported in Item 20. The scale starts at zero, so the line looks nearly flat; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($115,225 – $1,811,400) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Reported units went from 1,182 to 1,236 in 2025. How many new units opened, closed or changed hands?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2026 FDD)

    1. [1]Standard initial franchise fee — Item 5 · PDF p. 29
    2. [2]Item 19 — Locations counted not stated in the reviewed record — Enclosed Mall Franchises · PDF p. 91
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Cinnabon Co-Branded Franchises · PDF p. 93
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Outlet Center Franchises · PDF p. 92
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Enclosed Mall Franchises · PDF p. 91
    6. [6]Item 19 — Locations counted not stated in the reviewed record — Airport Franchises · PDF p. 93
    7. [7]Item 19 — Locations counted not stated in the reviewed record — Outlet Center Franchises · PDF p. 92
    8. [8]Item 19 — Locations counted not stated in the reviewed record — Airport Franchises · PDF p. 93
    9. [9]Outlet counts — Item 20, Table 1 · PDF p. 95

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.

    Territory & operations

    These are contract disclosures, not confirmation that any territory is currently available.

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2025goto foods systems consolidated total assets$346,357
    2025goto foods systems consolidated total liabilities$61,855
    2025goto foods systems consolidated member equity$284,502
    2025goto foods systems consolidated revenues$321,417
    2025goto foods systems consolidated net income$265,768
    2025goto foods systems consolidated net cash from operating activities$268,843
    2025goto foods systems consolidated member distributions-$266,904
    2025goto foods systems consolidated member equity balance$284,502
    2024goto foods systems consolidated total assets$346,347
    2024goto foods systems consolidated net cash from operating activities$250,583
    2024goto foods systems consolidated revenues$308,898
    2024goto foods systems consolidated net income$253,964
    2023goto foods systems consolidated net income$248,990
    2023goto foods systems consolidated revenues$299,237
    2023goto foods systems consolidated net cash from operating activities$244,472

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

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    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.