First Choice Business Brokers, Inc.

    Franchise research report · reviewed 2026 disclosure data

    Researching First Choice Business Brokers, Inc. franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources
    Franchising since
    2005
    Source: franchise.org
    Headquarters
    Las Vegas, NV United States
    Source: franchise.org

    First Choice Business Brokers franchise specializes in helping entrepreneurs buy and sell businesses, providing brokerage services to connect sellers with quali

    Headline figures

    Quick facts

    How much does it cost to open a First Choice Business Brokers, Inc. franchise?
    The First Choice Business Brokers, Inc. Franchise Disclosure Document reports an estimated initial investment of $72,600–$99,500 (2026 FDD, Item 7, PDF p. 17). This is the franchisor's disclosed estimate, not a quote. Details
    What is the First Choice Business Brokers, Inc. initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $45,000 (2026 FDD, Item 5, PDF p. 11). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does First Choice Business Brokers, Inc. charge?
    The disclosed ongoing royalty is $10 (2026 FDD, Item 6, PDF p. 12). The brand or advertising fund contribution is $250 (2026 FDD, Item 6, PDF p. 12). Other recurring fees are listed in Item 6. Details
    Does First Choice Business Brokers, Inc. disclose financial performance (Item 19)?
    Yes. The First Choice Business Brokers, Inc. FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 43). Figures apply only to the locations and period each one covers. Details
    How many First Choice Business Brokers, Inc. locations are there?
    The FDD reports 128 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 44). Existing locations do not indicate territory availability. Details

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

    What the disclosures show

    1. 1Opening costs are estimated at $72,600 – $99,500 in the 2026 FDD (Item 7); several initial fee options apply.
    2. 2Item 19 covers 19 separate groups: other measures for 3 Franchised locations; other measures for Franchised locations; other measures for 3 Franchised locations; other measures for 2 Franchised locations; other measures for Franchised locations; other measures for 8 Franchised locations; other measures for Franchised locations; other measures for 11 Franchised locations; other measures for Franchised locations; other measures for 11 Franchised locations; other measures for Franchised locations; other measures for 11 Franchised locations; other measures for 306 Franchised locations; other measures for 306 Franchised locations; other measures for Franchised locations; other measures for Franchised locations; other measures for 33 Franchised franchises; other measures for Franchised locations; other measures for Franchised locations. They are not combined.
    3. 3Outlets grew by 19 in 2025, to 128 (United States, 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

    Total estimated initial investment

    2026 FDD · Item 7 · PDF p. 17

    Standard single-unit franchise fee

    2026 FDD · Item 5 · PDF p. 11
    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 gross revenue through thresholdMain ongoing fee

    31 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?

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

    Locations counted: not stated in the reviewed record

    Other measures · 3 locations

    Who is counted
    29 territories operated by eight franchises; multiple territories; Top third
    Period
    average commissions
    Excluded
    Excludes 41 territories in 39 franchises: 25 franchises opened in 2025 and operated less than 12 months, no completed transactions, or no listings reported. Excludes six territories in four franchises ceased operations; none less than 12 months.
    Method
    Franchisee reported. Multiple territories report by franchise, not separately. Commissions include commissions/referral fees and exclude consulting/management revenue. Source narrative single-territory 58 franchises differs from table 33; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Other measures

    Who is counted
    29 territories operated by eight franchises; multiple territories; Middle third
    Period
    franchises
    Excluded
    Excludes 41 territories in 39 franchises: 25 franchises opened in 2025 and operated less than 12 months, no completed transactions, or no listings reported. Excludes six territories in four franchises ceased operations; none less than 12 months.
    Method
    Franchisee reported. Multiple territories report by franchise, not separately. Commissions include commissions/referral fees and exclude consulting/management revenue. Source narrative single-territory 58 franchises differs from table 33; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Other measures · 3 locations

    Who is counted
    29 territories operated by eight franchises; multiple territories; Middle third
    Period
    average commissions
    Excluded
    Excludes 41 territories in 39 franchises: 25 franchises opened in 2025 and operated less than 12 months, no completed transactions, or no listings reported. Excludes six territories in four franchises ceased operations; none less than 12 months.
    Method
    Franchisee reported. Multiple territories report by franchise, not separately. Commissions include commissions/referral fees and exclude consulting/management revenue. Source narrative single-territory 58 franchises differs from table 33; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Other measures · 2 locations

    Who is counted
    29 territories operated by eight franchises; multiple territories; Botton third
    Period
    average commissions
    Excluded
    Excludes 41 territories in 39 franchises: 25 franchises opened in 2025 and operated less than 12 months, no completed transactions, or no listings reported. Excludes six territories in four franchises ceased operations; none less than 12 months.
    Method
    Franchisee reported. Multiple territories report by franchise, not separately. Commissions include commissions/referral fees and exclude consulting/management revenue. Source narrative single-territory 58 franchises differs from table 33; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Other measures

    Who is counted
    29 territories operated by eight franchises; multiple territories; TOTAL
    Period
    franchises
    Excluded
    Excludes 41 territories in 39 franchises: 25 franchises opened in 2025 and operated less than 12 months, no completed transactions, or no listings reported. Excludes six territories in four franchises ceased operations; none less than 12 months.
    Method
    Franchisee reported. Multiple territories report by franchise, not separately. Commissions include commissions/referral fees and exclude consulting/management revenue. Source narrative single-territory 58 franchises differs from table 33; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Other measures · 8 locations

    Who is counted
    29 territories operated by eight franchises; multiple territories; TOTAL
    Period
    average commissions
    Excluded
    Excludes 41 territories in 39 franchises: 25 franchises opened in 2025 and operated less than 12 months, no completed transactions, or no listings reported. Excludes six territories in four franchises ceased operations; none less than 12 months.
    Method
    Franchisee reported. Multiple territories report by franchise, not separately. Commissions include commissions/referral fees and exclude consulting/management revenue. Source narrative single-territory 58 franchises differs from table 33; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Other measures

    Who is counted
    Narrative 58 territories in 58 franchises; table TOTAL 33 franchises; single territory; Top third
    Period
    franchises
    Excluded
    Excludes 41 territories in 39 franchises: 25 franchises opened in 2025 and operated less than 12 months, no completed transactions, or no listings reported. Excludes six territories in four franchises ceased operations; none less than 12 months.
    Method
    Franchisee reported. Multiple territories report by franchise, not separately. Commissions include commissions/referral fees and exclude consulting/management revenue. Source narrative single-territory 58 franchises differs from table 33; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Other measures · 11 locations

    Who is counted
    Narrative 58 territories in 58 franchises; table TOTAL 33 franchises; single territory; Top third
    Period
    average commissions
    Excluded
    Excludes 41 territories in 39 franchises: 25 franchises opened in 2025 and operated less than 12 months, no completed transactions, or no listings reported. Excludes six territories in four franchises ceased operations; none less than 12 months.
    Method
    Franchisee reported. Multiple territories report by franchise, not separately. Commissions include commissions/referral fees and exclude consulting/management revenue. Source narrative single-territory 58 franchises differs from table 33; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Other measures

    Who is counted
    Narrative 58 territories in 58 franchises; table TOTAL 33 franchises; single territory; Middle third
    Period
    franchises
    Excluded
    Excludes 41 territories in 39 franchises: 25 franchises opened in 2025 and operated less than 12 months, no completed transactions, or no listings reported. Excludes six territories in four franchises ceased operations; none less than 12 months.
    Method
    Franchisee reported. Multiple territories report by franchise, not separately. Commissions include commissions/referral fees and exclude consulting/management revenue. Source narrative single-territory 58 franchises differs from table 33; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Other measures · 11 locations

    Who is counted
    Narrative 58 territories in 58 franchises; table TOTAL 33 franchises; single territory; Middle third
    Period
    average commissions
    Excluded
    Excludes 41 territories in 39 franchises: 25 franchises opened in 2025 and operated less than 12 months, no completed transactions, or no listings reported. Excludes six territories in four franchises ceased operations; none less than 12 months.
    Method
    Franchisee reported. Multiple territories report by franchise, not separately. Commissions include commissions/referral fees and exclude consulting/management revenue. Source narrative single-territory 58 franchises differs from table 33; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Other measures

    Who is counted
    Narrative 58 territories in 58 franchises; table TOTAL 33 franchises; single territory; Botton third
    Period
    franchises
    Excluded
    Excludes 41 territories in 39 franchises: 25 franchises opened in 2025 and operated less than 12 months, no completed transactions, or no listings reported. Excludes six territories in four franchises ceased operations; none less than 12 months.
    Method
    Franchisee reported. Multiple territories report by franchise, not separately. Commissions include commissions/referral fees and exclude consulting/management revenue. Source narrative single-territory 58 franchises differs from table 33; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Other measures · 11 locations

    Who is counted
    Narrative 58 territories in 58 franchises; table TOTAL 33 franchises; single territory; Botton third
    Period
    met/exceeded average percent
    Excluded
    Excludes 41 territories in 39 franchises: 25 franchises opened in 2025 and operated less than 12 months, no completed transactions, or no listings reported. Excludes six territories in four franchises ceased operations; none less than 12 months.
    Method
    Franchisee reported. Multiple territories report by franchise, not separately. Commissions include commissions/referral fees and exclude consulting/management revenue. Source narrative single-territory 58 franchises differs from table 33; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Other measures · 306 locations

    Who is counted
    306 sold listings from 87 territories operated by 66 franchises
    Period
    average
    Excluded
    Excludes 41 territories in 39 franchises: 25 franchises opened in 2025 and operated less than 12 months, no completed transactions, or no listings reported. Excludes six territories in four franchises ceased operations; none less than 12 months.
    Method
    Franchisee reported. Multiple territories report by franchise, not separately. Commissions include commissions/referral fees and exclude consulting/management revenue. Source narrative single-territory 58 franchises differs from table 33; preserved without reconciliation. Listing price is initial asking price; sale price is actual final price including adjustments.

    Locations counted: not stated in the reviewed record

    Other measures · 306 locations

    Who is counted
    306 sold listings
    Excluded
    Excludes 41 territories in 39 franchises: 25 franchises opened in 2025 and operated less than 12 months, no completed transactions, or no listings reported. Excludes six territories in four franchises ceased operations; none less than 12 months.
    Method
    Franchisee reported. Multiple territories report by franchise, not separately. Commissions include commissions/referral fees and exclude consulting/management revenue. Source narrative single-territory 58 franchises differs from table 33; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Other measures

    Method
    Narrative populations as stated; single-territory table total differs from narrative.

    Locations counted: not stated in the reviewed record

    Other measures

    Who is counted
    29 territories operated by eight franchises; multiple territories; Botton third
    Period
    franchises
    Excluded
    Excludes 41 territories in 39 franchises: 25 franchises opened in 2025 and operated less than 12 months, no completed transactions, or no listings reported. Excludes six territories in four franchises ceased operations; none less than 12 months.
    Method
    Franchisee reported. Multiple territories report by franchise, not separately. Commissions include commissions/referral fees and exclude consulting/management revenue. Source narrative single-territory 58 franchises differs from table 33; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Other measures · 33 locations

    Who is counted
    Narrative 58 territories in 58 franchises; table TOTAL 33 franchises; single territory; TOTAL
    Period
    average commissions
    Excluded
    Excludes 41 territories in 39 franchises: 25 franchises opened in 2025 and operated less than 12 months, no completed transactions, or no listings reported. Excludes six territories in four franchises ceased operations; none less than 12 months.
    Method
    Franchisee reported. Multiple territories report by franchise, not separately. Commissions include commissions/referral fees and exclude consulting/management revenue. Source narrative single-territory 58 franchises differs from table 33; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Other measures

    Who is counted
    29 territories operated by eight franchises; multiple territories; Top third
    Period
    franchises
    Excluded
    Excludes 41 territories in 39 franchises: 25 franchises opened in 2025 and operated less than 12 months, no completed transactions, or no listings reported. Excludes six territories in four franchises ceased operations; none less than 12 months.
    Method
    Franchisee reported. Multiple territories report by franchise, not separately. Commissions include commissions/referral fees and exclude consulting/management revenue. Source narrative single-territory 58 franchises differs from table 33; preserved without reconciliation.

    Locations counted: not stated in the reviewed record

    Other measures

    Who is counted
    Narrative 58 territories in 58 franchises; table TOTAL 33 franchises; single territory; TOTAL
    Period
    franchises
    Excluded
    Excludes 41 territories in 39 franchises: 25 franchises opened in 2025 and operated less than 12 months, no completed transactions, or no listings reported. Excludes six territories in four franchises ceased operations; none less than 12 months.
    Method
    Franchisee reported. Multiple territories report by franchise, not separately. Commissions include commissions/referral fees and exclude consulting/management revenue. Source narrative single-territory 58 franchises differs from table 33; preserved without reconciliation.

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

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

    2026 FDD · Item 20 · PDF p. 44

    Net +47 outlets, 2023–2025

    081202310920241282025+28+19

    Year-end counts reported in Item 20. The scale starts at zero; 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 ($72,600 – $99,500) 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 109 to 128 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]Estimated initial investment — Item 7 · PDF p. 17
    2. [2]Standard initial franchise fee — Item 5 · PDF p. 11
    3. [3]Item 19 — Locations counted not stated in the reviewed record — 29 territories operated by eight franchises; multiple territories; Top third · PDF p. 43
    4. [4]Item 19 — Locations counted not stated in the reviewed record — 29 territories operated by eight franchises; multiple territories; Middle third · PDF p. 43
    5. [5]Item 19 — Locations counted not stated in the reviewed record — 29 territories operated by eight franchises; multiple territories; Middle third · PDF p. 43
    6. [6]Item 19 — Locations counted not stated in the reviewed record — 29 territories operated by eight franchises; multiple territories; Botton third · PDF p. 43
    7. [7]Item 19 — Locations counted not stated in the reviewed record — 29 territories operated by eight franchises; multiple territories; TOTAL · PDF p. 43
    8. [8]Item 19 — Locations counted not stated in the reviewed record — 29 territories operated by eight franchises; multiple territories; TOTAL · PDF p. 43
    9. [9]Item 19 — Locations counted not stated in the reviewed record — Narrative 58 territories in 58 franchises; table TOTAL 33 franchises; single te… · PDF p. 43
    10. [10]Item 19 — Locations counted not stated in the reviewed record — Narrative 58 territories in 58 franchises; table TOTAL 33 franchises; single te… · PDF p. 43
    11. [11]Item 19 — Locations counted not stated in the reviewed record — Narrative 58 territories in 58 franchises; table TOTAL 33 franchises; single te… · PDF p. 43
    12. [12]Item 19 — Locations counted not stated in the reviewed record — Narrative 58 territories in 58 franchises; table TOTAL 33 franchises; single te… · PDF p. 43
    13. [13]Item 19 — Locations counted not stated in the reviewed record — Narrative 58 territories in 58 franchises; table TOTAL 33 franchises; single te… · PDF p. 43
    14. [14]Item 19 — Locations counted not stated in the reviewed record — Narrative 58 territories in 58 franchises; table TOTAL 33 franchises; single te… · PDF p. 43
    15. [15]Item 19 — Locations counted not stated in the reviewed record — 306 sold listings from 87 territories operated by 66 franchises · PDF p. 43
    16. [16]Item 19 — Locations counted not stated in the reviewed record — 306 sold listings · PDF p. 43
    17. [17]Item 19 — Locations counted not stated in the reviewed record · PDF p. 42
    18. [18]Item 19 — Locations counted not stated in the reviewed record — 29 territories operated by eight franchises; multiple territories; Botton third · PDF p. 43
    19. [19]Item 19 — Locations counted not stated in the reviewed record — Narrative 58 territories in 58 franchises; table TOTAL 33 franchises; single te… · PDF p. 43
    20. [20]Item 19 — Locations counted not stated in the reviewed record — 29 territories operated by eight franchises; multiple territories; Top third · PDF p. 43
    21. [21]Item 19 — Locations counted not stated in the reviewed record — Narrative 58 territories in 58 franchises; table TOTAL 33 franchises; single te… · PDF p. 43
    22. [22]Outlet counts — Item 20, Table 1 · PDF p. 44

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: GetFDD listing

    Territory & operations

    No territory or operating requirements have been reviewed yet.

    97 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.

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

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2029lease maturity 2029$80,856
    2028lease maturity 2028$118,023
    2027lease maturity 2027$114,602
    2026lease maturity 2026$111,288
    2025professional fees$137,683
    2025net cash provided by operating activities$571,466
    2025cash, end of year$1,245,165
    2025related officer plan contribution$14,641
    2025accounts receivable, net$25,065
    2025deposits$21,381
    2025total assets$2,448,215
    2025income tax payableMore than one value recorded for this year — open the FDD source before comparing$153,815
    2025current maturities of deferred franchise fees$401,191
    2025rou asset from operating lease, net$369,082
    2025current maturities of deferred contract costs$110,588
    2025total other assets$1,067,397
    2025deferred franchise fees, net of current$2,505,301
    2025total long-term liabilities$2,813,105
    2025cost of revenue$244,289
    2025deferred income taxes$9,393
    2025revenue$3,109,577
    2025advertising$701,405
    2025cash$1,245,165
    2025total current assets$1,380,818
    2025liability for operating lease, net$307,804
    2025total stockholders' deficit-$1,026,193
    2025rent$146,900
    2025provision for income tax benefit-$217,161
    2025deferred contract costs, net of current$667,541
    2025current operating lease liability$106,297
    2025total current liabilities$661,303
    2025total liabilities$3,474,408
    2025total liabilities and stockholders' deficit$2,448,215
    2025additional paid-in capital$65,891
    2025accumulated deficit-$1,092,084
    2025insurance$8,613
    2025deferred income tax$63,346
    2025gross profit$2,865,288
    2025employee benefits$98,861
    2025net incomeMore than one value recorded for this year — open the FDD source before comparing$470,562
    2025dividend distributions-$800,000
    2025operating income$684,437
    2025net incomeMore than one value recorded for this year — open the FDD source before comparing$687,723
    2025operating lease accretion-$6,921
    2025accounts receivable-$1,000
    2025deferred contract costs-$157,827
    2025net cash used in financing activities-$800,000
    2025initial franchise fees$636,881
    2025office expense and other$77,765
    2025salaries, wages and related$1,004,105
    2025taxes and licenses$5,519
    2025total operating expenses$2,180,851
    2025interest income$3,286
    2025net incomeMore than one value recorded for this year — open the FDD source before comparing$470,562
    2025accounts payable-$41,333
    2025income tax payableMore than one value recorded for this year — open the FDD source before comparing$34,162
    2025current tax expense-$153,815
    2025deferred tax benefit-$63,346
    2025other$1,082,860
    2025deferred franchise fees$210,477
    2025cash, beginning of year$1,473,699
    2025net change in cash-$228,534
    2025deferred tax asset$9,393
    2025royalties$1,389,836
    2025services transferred over time$636,881
    2025accumulated deficit equity statement-$1,092,084
    2025services transferred at a point in time$2,472,696
    2025dividend distributions equity statement-$800,000
    2025total stockholder deficit equity statement-$1,026,193
    2024current operating lease liability$101,739
    2024professional fees$219,774
    2024prepaid expenses$20,006
    2024dividend distributions equity statement-$150,000
    2024related officer plan contribution$15,744
    2024services transferred over time$464,492
    2024rou asset from operating lease, net$463,900
    2024total current liabilities$609,417
    2024deposits$21,381
    2024total other assets$1,094,576
    2024liability for operating lease, net$414,101
    2024total stockholders' deficit-$696,755
    2024insurance$6,475
    2024rent$111,284
    2024taxes and licenses$1,745
    2024total assets$2,676,086
    2024accounts payableMore than one value recorded for this year — open the FDD source before comparing$41,333
    2024accumulated deficit-$762,646
    2024total liabilities and stockholders' deficit$2,676,086
    2024gross profit$2,237,971
    2024cash$1,473,699
    2024total current assets$1,581,510
    2024deferred contract costs, net of current$536,556
    2024deferred franchise fees, net of current$2,349,323
    2024total long-term liabilities$2,763,424
    2024income tax payableMore than one value recorded for this year — open the FDD source before comparing$119,653
    2024total liabilities$3,372,841
    2024revenue$2,456,232
    2024employee benefits$64,668
    2024accounts receivable, net$24,065
    2024current maturities of deferred contract costs$83,746
    2024deferred income taxes$72,739
    2024current maturities of deferred franchise fees$346,692
    2024cost of revenue$218,261
    2024advertising$721,305
    2024office expense and other$91,106
    2024additional paid-in capital$65,891
    2024net incomeMore than one value recorded for this year — open the FDD source before comparing$304,773
    2024provision for income tax benefit-$187,745
    2024net incomeMore than one value recorded for this year — open the FDD source before comparing$117,028
    2024salaries, wages and related$733,550
    2024operating income$288,064
    2024interest income$16,709
    2024deferred contract costs-$127,266
    2024deferred revenue-$12,870
    2024net cash provided by operating activities$566,983
    2024current tax expense-$119,653
    2024accounts payableMore than one value recorded for this year — open the FDD source before comparing-$2,793
    2024total operating expenses$1,949,907
    2024net incomeMore than one value recorded for this year — open the FDD source before comparing$117,028
    2024deferred franchise fees$473,776
    2024net cash used in financing activities-$150,000
    2024deferred tax asset$72,739
    2024accumulated deficit equity statement-$762,646
    2024deferred income tax$68,092
    2024accounts receivable-$22,085
    2024cash, beginning of year$1,056,716
    2024operating lease accretion$14,816
    2024income tax payableMore than one value recorded for this year — open the FDD source before comparing$38,279
    2024deferred tax benefit-$68,092
    2024initial franchise fees$464,492
    2024dividend distributions-$150,000
    2024net change in cash$416,983
    2024cash, end of year$1,473,699
    2024royalties$1,184,612
    2024other$807,128
    2024services transferred at a point in time$1,991,740
    2024total stockholder deficit equity statement-$696,755
    2023net change in cash$382,548
    2023cash, beginning of year$674,168
    2023services transferred over time$328,243
    2023current maturities of deferred contract costs$62,645
    2023total current assets$1,141,347
    2023rou asset from operating lease, net$557,386
    2023accounts payableMore than one value recorded for this year — open the FDD source before comparing$44,126
    2023prepaid expensesMore than one value recorded for this year — open the FDD source before comparing$20,006
    2023deposits$21,381
    2023total assets$2,291,336
    2023cash$1,056,716
    2023deferred revenueMore than one value recorded for this year — open the FDD source before comparing$12,870
    2023revenue$1,621,246
    2023office expense and other$53,922
    2023deferred contract costs, net of current$430,391
    2023accounts receivable, net$1,980
    2023income tax payableMore than one value recorded for this year — open the FDD source before comparing$81,374
    2023total current liabilities$488,907
    2023total liabilities$2,955,119
    2023deferred income taxes$140,831
    2023current maturities of deferred franchise fees$271,867
    2023gross profit$1,473,934
    2023total other assets$1,149,989
    2023additional paid-in capital$65,891
    2023current operating lease liability$78,670
    2023liability for operating lease, net$515,840
    2023deferred franchise fees, net of current$1,950,372
    2023accumulated deficit-$729,674
    2023total liabilities and stockholders' deficit$2,291,336
    2023rent$101,301
    2023taxes and licenses$3,354
    2023net incomeMore than one value recorded for this year — open the FDD source before comparing-$281,266
    2023net incomeMore than one value recorded for this year — open the FDD source before comparing-$248,566
    2023net incomeMore than one value recorded for this year — open the FDD source before comparing-$248,566
    2023total long-term liabilities$2,466,212
    2023total stockholders' deficit-$663,783
    2023cost of revenue$147,312
    2023advertising$744,282
    2023professional fees$204,486
    2023accounts receivable-$700
    2023insurance$2,856
    2023total operating expenses$1,755,200
    2023deferred income tax-$32,700
    2023operating lease accretion$34,152
    2023accounts payableMore than one value recorded for this year — open the FDD source before comparing$14,561
    2023employee benefits$52,600
    2023salaries, wages and related$592,399
    2023deferred franchise fees$873,431
    2023deferred contract costs-$216,131
    2023deferred revenueMore than one value recorded for this year — open the FDD source before comparing$10,820
    2023dividend distributions-$55,000
    2023deferred tax benefit$32,700
    2023other$552,855
    2023operating income-$281,266
    2023provision for income tax benefit$32,700
    2023royalties$740,148
    2023prepaid expensesMore than one value recorded for this year — open the FDD source before comparing$4,994
    2023net cash used in financing activities-$55,000
    2023initial franchise fees$328,243
    2023total stockholder deficit equity statement-$663,783
    2023net cash provided by operating activities$437,548
    2023income tax payableMore than one value recorded for this year — open the FDD source before comparing-$2,313
    2023cash, end of year$1,056,716
    2023deferred tax asset$140,831
    2023services transferred at a point in time$1,293,003
    2023accumulated deficit equity statement-$729,674
    2023dividend distributions equity statement-$55,000
    2023related officer plan contribution$2,282
    2022accumulated deficit equity statement-$426,108
    2022total stockholder deficit equity statement-$360,217
    —total lease payments$424,769
    —weighted average lease discount$1
    —present value lease liabilities$414,101
    —lease interest deduction-$10,668
    —operating lease cost$146,900
    —weighted average remaining lease term$4

    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

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    Territory language

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    Litigation disclosure

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    Bankruptcy disclosure

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    Agreement term

    Not reviewed

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