Franopolis

    Great Harvest Bread Co.

    Franchise research report · reviewed 2026 disclosure data

    Researching Great Harvest Bread Co. franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources

    Great Harvest Bread Co.

    Headline figures

    Quick facts

    How much does it cost to open a Great Harvest Bread Co. franchise?
    The Great Harvest Bread Co. Franchise Disclosure Document reports an estimated initial investment of $591,742–$871,077 (2026 FDD, Item 7, PDF p. 17). This is the franchisor's disclosed estimate, not a quote. Details
    What is the Great Harvest Bread Co. initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $40,000 (2026 FDD, Item 5, PDF p. 10). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does Great Harvest Bread Co. charge?
    The disclosed ongoing royalty is $5 (2026 FDD, Item 6, PDF p. 11). The brand or advertising fund contribution is $3 (2026 FDD, Item 6, PDF p. 11). Other recurring fees are listed in Item 6. Details
    Does Great Harvest Bread Co. disclose financial performance (Item 19)?
    Yes. The Great Harvest Bread Co. FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 41). Figures apply only to the locations and period each one covers. Details
    How many Great Harvest Bread Co. locations are there?
    The FDD reports 55 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 50). 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 $591,742 – $871,077 in the 2026 FDD (Item 7); several initial fee options apply.
    2. 2Item 19 covers 9 separate groups: revenue for 1 Franchised locations; revenue for 15 Franchised locations; other measures for 15 Franchised locations; other measures for 1 Franchised locations; other measures for 62 Franchised locations; revenue for 1 Franchised locations; revenue for 1 Franchised locations; revenue for 62 Franchised locations; revenue for 15 Franchised locations. They are not combined.
    3. 3Outlets grew by 1 in 2025, to 55 (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

    Formats disclosed in Item 7 (2)

    Each format has its own total. The total depends on the format you choose; multi-unit packages are listed but not included in the headline range.

    • Single unit — TOTAL 10 (excluding tenant improvement allowancePDF p. 17$591,742 – $871,077
    • Two-outlet development and first outlet — TOTAL 10 (excluding tenant improvement allowanceMulti-unitPDF p. 18$631,742 – $911,077

    Standard single-unit franchise fee

    2026 FDD · Item 5 · PDF p. 10
    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 — 5%Main ongoing fee

    37 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?

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

    Locations counted: not stated in the reviewed record

    Revenue · 1 locations

    Who is counted
    High chart row
    Excluded
    Narrative excludes3outlets,7Spokes,10bread-only noseating,40limitedmenu/minimalseating; system155,152full-year,7Hubs stated.
    Method
    Unaudited submitted statements;issuedbefore2025statements due. GrossSales excludes sales tax,tips,discounts,comps,voids,gift issuance. Conflicting source years/counts preserved.

    Locations counted: not stated in the reviewed record

    Revenue · 15 locations

    Who is counted
    Bottom 25% chart row
    Excluded
    Narrative excludes3outlets,7Spokes,10bread-only noseating,40limitedmenu/minimalseating; system155,152full-year,7Hubs stated.
    Method
    Unaudited submitted statements;issuedbefore2025statements due. GrossSales excludes sales tax,tips,discounts,comps,voids,gift issuance. Conflicting source years/counts preserved.

    Locations counted: not stated in the reviewed record

    Other measures · 15 locations

    Who is counted
    Bakery cafes full year; narrative95, chart Average row62; source counts retained
    Excluded
    Narrative excludes3outlets,7Spokes,10bread-only noseating,40limitedmenu/minimalseating; system155,152full-year,7Hubs stated.
    Method
    Unaudited submitted statements;issuedbefore2025statements due. GrossSales excludes sales tax,tips,discounts,comps,voids,gift issuance. Conflicting source years/counts preserved.

    Locations counted: not stated in the reviewed record

    Other measures · 1 locations

    Who is counted
    Bakery cafes full year; narrative95, chart Average row62; source counts retained
    Excluded
    Narrative excludes3outlets,7Spokes,10bread-only noseating,40limitedmenu/minimalseating; system155,152full-year,7Hubs stated.
    Method
    Unaudited submitted statements;issuedbefore2025statements due. GrossSales excludes sales tax,tips,discounts,comps,voids,gift issuance. Conflicting source years/counts preserved.

    Locations counted: not stated in the reviewed record

    Other measures · 62 locations

    Who is counted
    Bakery cafes full year; narrative95, chart Average row62; source counts retained
    Excluded
    Narrative excludes3outlets,7Spokes,10bread-only noseating,40limitedmenu/minimalseating; system155,152full-year,7Hubs stated.
    Method
    Unaudited submitted statements;issuedbefore2025statements due. GrossSales excludes sales tax,tips,discounts,comps,voids,gift issuance. Conflicting source years/counts preserved.

    Locations counted: not stated in the reviewed record

    Revenue · 1 locations

    Who is counted
    Median chart row
    Excluded
    Narrative excludes3outlets,7Spokes,10bread-only noseating,40limitedmenu/minimalseating; system155,152full-year,7Hubs stated.
    Method
    Unaudited submitted statements;issuedbefore2025statements due. GrossSales excludes sales tax,tips,discounts,comps,voids,gift issuance. Conflicting source years/counts preserved.

    Locations counted: not stated in the reviewed record

    Revenue · 1 locations

    Who is counted
    Low chart row
    Excluded
    Narrative excludes3outlets,7Spokes,10bread-only noseating,40limitedmenu/minimalseating; system155,152full-year,7Hubs stated.
    Method
    Unaudited submitted statements;issuedbefore2025statements due. GrossSales excludes sales tax,tips,discounts,comps,voids,gift issuance. Conflicting source years/counts preserved.

    Locations counted: not stated in the reviewed record

    Revenue · 62 locations

    Who is counted
    Average chart row
    Excluded
    Narrative excludes3outlets,7Spokes,10bread-only noseating,40limitedmenu/minimalseating; system155,152full-year,7Hubs stated.
    Method
    Unaudited submitted statements;issuedbefore2025statements due. GrossSales excludes sales tax,tips,discounts,comps,voids,gift issuance. Conflicting source years/counts preserved.

    Locations counted: not stated in the reviewed record

    Revenue · 15 locations

    Who is counted
    Top 25% chart row
    Excluded
    Narrative excludes3outlets,7Spokes,10bread-only noseating,40limitedmenu/minimalseating; system155,152full-year,7Hubs stated.
    Method
    Unaudited submitted statements;issuedbefore2025statements due. GrossSales excludes sales tax,tips,discounts,comps,voids,gift issuance. Conflicting source years/counts preserved.

    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. 50

    Net +3 outlets, 2023–2025

    0522023542024552025+2+1

    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 ($591,742 – $871,077) 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 54 to 55 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. 10
    3. [3]Item 19 — Locations counted not stated in the reviewed record — High chart row · PDF p. 41
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Bottom 25% chart row · PDF p. 41
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Bakery cafes full year; narrative95, chart Average row62; source counts retained · PDF p. 41
    6. [6]Item 19 — Locations counted not stated in the reviewed record — Bakery cafes full year; narrative95, chart Average row62; source counts retained · PDF p. 41
    7. [7]Item 19 — Locations counted not stated in the reviewed record — Bakery cafes full year; narrative95, chart Average row62; source counts retained · PDF p. 41
    8. [8]Item 19 — Locations counted not stated in the reviewed record — Median chart row · PDF p. 41
    9. [9]Item 19 — Locations counted not stated in the reviewed record — Low chart row · PDF p. 41
    10. [10]Item 19 — Locations counted not stated in the reviewed record — Average chart row · PDF p. 41
    11. [11]Item 19 — Locations counted not stated in the reviewed record — Top 25% chart row · PDF p. 41
    12. [12]Outlet counts — Item 20, Table 1 · PDF p. 50

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

    Territory & operations

    181 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.

    Legal & agreement

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2025royalties receivable net$498,249
    2025other receivables net$68,663
    2025current portion of note receivable$14,454
    2025inventoryMore than one value recorded for this year — open the FDD source before comparing$19,426
    2025prepaid expenses$89,271
    2025property and equipment land$150,000
    2025fixtures and equipment$120,855
    2025less accumulated depreciation-$53,755
    2025net property and equipment$1,167,100
    2025intangible asset$3,623
    2025acquired franchise rights, net$9,691,120
    2025deferred contract costs, less current portion$193,213
    2025total other assets$15,435,121
    2025liabilities and stockholders' deficit and member's equity current liabilities accounts payable$93,954
    2025accrued compensation and benefitsMore than one value recorded for this year — open the FDD source before comparing$52,106
    2025current portion of deferred franchise fees and territory deposits$222,541
    2025contingent considerationMore than one value recorded for this year — open the FDD source before comparing$1,500,000
    2025other accrued liabilitiesMore than one value recorded for this year — open the FDD source before comparing$582,480
    2025total current liabilities$2,451,081
    2025deferred franchise fees and territory deposits, less current portion$639,565
    2025contingent consideration, less current portion$3,059,810
    2025total liabilities$6,150,456
    2025franchise royalties$5,151,323
    2025franchise fees$420,739
    2025franchise$4,495,504
    2025depreciation and amortization$1,367,842
    2025contingent considerationMore than one value recorded for this year — open the FDD source before comparing$905,023
    2025company owned and operated bakery$2,127
    2025operating income-$1,198,434
    2025other incomeMore than one value recorded for this year — open the FDD source before comparing$9,655
    2025other incomeMore than one value recorded for this year — open the FDD source before comparing$7,363
    2025net income-$1,106,048
    2025operating activities net income-$1,106,048
    2025adjustments to reconcile net income to net cash from operating activities depreciation$47,792
    2025amortization$1,320,050
    2025provision for credit losses$31,634
    2025changes in assets and liabilities royalties receivable-$64,647
    2025trade receivables-$37,178
    2025inventoryMore than one value recorded for this year — open the FDD source before comparing-$2,879
    2025prepaid expenses and other assets$54,682
    2025deferred contract costs-$25,827
    2025accounts payable-$18,878
    2025accrued compensation and benefitsMore than one value recorded for this year — open the FDD source before comparing-$523,242
    2025deferred franchisee fees and territory deposits$83,793
    2025other accrued liabilitiesMore than one value recorded for this year — open the FDD source before comparing$75,960
    2025net cash from operating activities$740,235
    2025net change in cash and cash equivalents$756,006
    2025cash and cash equivalents, beginning of year$1,272,599
    2025cash and cash equivalents, end of year$2,028,605
    2025total stockholders' deficit and member's equity$13,194,614
    2025total liabilities and stockholders' deficit and member's equity$19,345,070
    2025total operating expenses$6,770,496
    2025total other income$92,386
    2025total current assets$2,742,849
    2025building and improvements$950,000
    2025contingent consideration expense$905,023
    2025goodwill, net$5,507,911
    2025commitments and contingencies stockholders' deficit and member's equity member's equity$13,194,614
    2025rebate income$75,268
    2025total revenues$5,572,062
    2025gain$100
    2025assets current assets cash and cash equivalents$2,028,605
    2025current portion of deferred contract costs$24,181
    2025note receivable, less current portion$39,254
    2025total assets$19,345,070
    2025net cash from$15,771
    2024assets current assets cash and cash equivalents$1,272,599
    2024royalties receivable net$465,236
    2024current portion of note receivable$14,199
    2024inventoryMore than one value recorded for this year — open the FDD source before comparing$16,547
    2024current portion of deferred contract costs$22,472
    2024prepaid expenses$143,953
    2024total current assets$1,966,491
    2024property and equipment land$150,000
    2024fixtures and equipment$120,855
    2024intangible asset$4,602
    2024deferred contract costs, less current portion$169,095
    2024note receivable, less current portion$55,280
    2024goodwill, net$6,128,523
    2024total other assets$16,747,079
    2024total assets$19,928,462
    2024other accrued liabilitiesMore than one value recorded for this year — open the FDD source before comparing$506,520
    2024deferred franchise fees and territory deposits, less current portion$566,273
    2024contingent consideration, less current portion$3,654,787
    2024total liabilities$5,627,800
    2024total revenues$674,821
    2024depreciation and amortization$170,846
    2024company owned and operated bakery$3,556
    2024operating income-$128,302
    2024other income$18,816
    2024total other income$18,816
    2024net income-$109,486
    2024adjustments to reconcile net income to net cash from operating activities depreciation$5,963
    2024amortization$164,883
    2024provision for credit losses$46,795
    2024changes in assets and liabilities royalties receivable$204,481
    2024inventoryMore than one value recorded for this year — open the FDD source before comparing$2,715
    2024deferred contract costs$11,159
    2024accounts payable-$8,029
    2024accrued compensation and benefitsMore than one value recorded for this year — open the FDD source before comparing$412,089
    2024net cash from operating activities$694,371
    2024net cash from$408,896
    2024cash and cash equivalents, beginning of year$169,332
    2024cash and cash equivalents, end of year$1,272,599
    2024supplemental disclosure of non-cash investing and financing activities contingent liability associated with additional consideration of ownership change$3,654,787
    2024adjustment to fair market value due to election of pushdown accounting$17,656,039
    2024proceeds from ownership change paid to lender for long-term debt at time of transfer$4,260,479
    2024proceeds from ownership change paid to vendors at time of transfer$1,565,832
    2024total stockholders' deficit and member's equity$14,300,662
    2024building and improvements$950,000
    2024less accumulated depreciation-$5,963
    2024accrued compensation and benefitsMore than one value recorded for this year — open the FDD source before comparing$575,348
    2024total current liabilities$1,406,740
    2024franchise royalties$614,580
    2024other accrued liabilitiesMore than one value recorded for this year — open the FDD source before comparing$9,611
    2024prepaid expenses and other assets-$35,832
    2024other receivables net$31,485
    2024deferred franchisee fees and territory deposits-$73,742
    2024current portion of deferred franchise fees and territory deposits$212,040
    2024net property and equipment$1,214,892
    2024acquired franchise rights, net$10,389,579
    2024liabilities and stockholders' deficit and member's equity current liabilities accounts payable$112,832
    2024franchise fees$60,241
    2024total operating expenses$803,123
    2024commitments and contingencies stockholders' deficit and member's equity member's equity$14,300,662
    2024franchise$628,721
    2024operating activities net income-$109,486
    2024trade receivables$63,764
    2024total liabilities and stockholders' deficit and member's equity$19,928,462
    2024member contribution$408,896
    2024net change in cash and cash equivalents$1,103,267
    2023assets current assets cash and cash equivalents$366,235
    2023other receivables net$69,941
    2023inventoryMore than one value recorded for this year — open the FDD source before comparing$39,151
    2023current portion of deferred contract costs$19,137
    2023total current assets$958,266
    2023property and equipment land$32,657
    2023building and improvements$1,318,970
    2023fixtures and equipment$591,071
    2023less accumulated depreciation-$1,653,810
    2023net property and equipment$288,888
    2023operating lease right-of-use assets, net$152,457
    2023intangible asset$4,749
    2023deferred contract costs, less current portion$162,375
    2023other asset$4,562
    2023total other assets$171,686
    2023total assets$1,571,297
    2023liabilities and stockholders' deficit and member's equity current liabilities accounts payable$162,884
    2023accrued compensation and benefitsMore than one value recorded for this year — open the FDD source before comparing$75,103
    2023current maturities of long-term debt$479,232
    2023current maturities of operating lease liability$44,438
    2023current portion of deferred franchise fees and territory deposits$229,723
    2023other accrued liabilitiesMore than one value recorded for this year — open the FDD source before comparing$495,269
    2023long-term debt less current maturities$4,005,521
    2023deferred franchise fees and territory deposits, less current portion$564,422
    2023total liabilities$6,222,735
    2023franchise royaltiesMore than one value recorded for this year — open the FDD source before comparing$4,558,331
    2023franchise royaltiesMore than one value recorded for this year — open the FDD source before comparing$5,107,505
    2023total revenuesMore than one value recorded for this year — open the FDD source before comparing$4,926,505
    2023franchiseMore than one value recorded for this year — open the FDD source before comparing$4,987,027
    2023franchiseMore than one value recorded for this year — open the FDD source before comparing$4,178,853
    2023depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing$81,485
    2023company owned and operated bakeryMore than one value recorded for this year — open the FDD source before comparing$195,053
    2023company owned and operated bakeryMore than one value recorded for this year — open the FDD source before comparing$872,922
    2023total operating expensesMore than one value recorded for this year — open the FDD source before comparing$5,213,131
    2023total operating expensesMore than one value recorded for this year — open the FDD source before comparing$5,133,260
    2023operating incomeMore than one value recorded for this year — open the FDD source before comparing-$286,626
    2023other incomeMore than one value recorded for this year — open the FDD source before comparing$1,197
    2023other incomeMore than one value recorded for this year — open the FDD source before comparing$455
    2023interest expenseMore than one value recorded for this year — open the FDD source before comparing-$380,288
    2023interest expenseMore than one value recorded for this year — open the FDD source before comparing-$426,120
    2023gainMore than one value recorded for this year — open the FDD source before comparing$4,149
    2023other incomeMore than one value recorded for this year — open the FDD source before comparing$50,747
    2023other incomeMore than one value recorded for this year — open the FDD source before comparing$41,200
    2023total other incomeMore than one value recorded for this year — open the FDD source before comparing-$364,939
    2023total other incomeMore than one value recorded for this year — open the FDD source before comparing-$380,316
    2023operating activities net incomeMore than one value recorded for this year — open the FDD source before comparing-$651,565
    2023operating activities net incomeMore than one value recorded for this year — open the FDD source before comparing$587,077
    2023adjustments to reconcile net income to net cash from operating activities depreciationMore than one value recorded for this year — open the FDD source before comparing$67,968
    2023amortizationMore than one value recorded for this year — open the FDD source before comparing$147
    2023amortizationMore than one value recorded for this year — open the FDD source before comparing$13,517
    2023provision for credit lossesMore than one value recorded for this year — open the FDD source before comparing$39,436
    2023provision for credit lossesMore than one value recorded for this year — open the FDD source before comparing$54,369
    2023gain) loss on sale of property and equipmentMore than one value recorded for this year — open the FDD source before comparing-$4,149
    2023changes in assets and liabilities royalties receivableMore than one value recorded for this year — open the FDD source before comparing-$338,136
    2023trade receivablesMore than one value recorded for this year — open the FDD source before comparing-$58,558
    2023inventoryMore than one value recorded for this year — open the FDD source before comparing$19,886
    2023inventoryMore than one value recorded for this year — open the FDD source before comparing$18,660
    2023prepaid expenses and other assetsMore than one value recorded for this year — open the FDD source before comparing-$24,319
    2023prepaid expenses and other assetsMore than one value recorded for this year — open the FDD source before comparing$34,689
    2023operating lease assets and liabilitiesMore than one value recorded for this year — open the FDD source before comparing$20,105
    2023accounts payableMore than one value recorded for this year — open the FDD source before comparing$1,523,809
    2023accounts payableMore than one value recorded for this year — open the FDD source before comparing-$106,702
    2023accrued interestMore than one value recorded for this year — open the FDD source before comparing-$690
    2023accrued compensation and benefitsMore than one value recorded for this year — open the FDD source before comparing$93,677
    2023deferred franchisee fees and territory depositsMore than one value recorded for this year — open the FDD source before comparing$42,910
    2023deferred franchisee fees and territory depositsMore than one value recorded for this year — open the FDD source before comparing-$199,549
    2023other accrued liabilitiesMore than one value recorded for this year — open the FDD source before comparing$1,640
    2023other accrued liabilitiesMore than one value recorded for this year — open the FDD source before comparing$24,355
    2023net cash from operating activitiesMore than one value recorded for this year — open the FDD source before comparing$584,026
    2023investing activities purchases of property and equipmentMore than one value recorded for this year — open the FDD source before comparing-$17,743
    2023investing activities purchases of property and equipmentMore than one value recorded for this year — open the FDD source before comparing-$33,788
    2023net cash fromMore than one value recorded for this year — open the FDD source before comparing-$17,743
    2023net cash fromMore than one value recorded for this year — open the FDD source before comparing-$24,688
    2023financing activities principal payments on debtMore than one value recorded for this year — open the FDD source before comparing-$436,161
    2023financing activities principal payments on debtMore than one value recorded for this year — open the FDD source before comparing-$446,347
    2023advances on line of credit$50,000
    2023purchase of treasury stockMore than one value recorded for this year — open the FDD source before comparing-$6,140
    2023purchase of treasury stockMore than one value recorded for this year — open the FDD source before comparing-$6,533
    2023dividends paidMore than one value recorded for this year — open the FDD source before comparing-$470,020
    2023dividends paidMore than one value recorded for this year — open the FDD source before comparing-$244,747
    2023net cash fromMore than one value recorded for this year — open the FDD source before comparing-$697,627
    2023net change in cash and cash equivalentsMore than one value recorded for this year — open the FDD source before comparing-$196,903
    2023net change in cash and cash equivalentsMore than one value recorded for this year — open the FDD source before comparing-$138,289
    2023cash and cash equivalents, beginning of yearMore than one value recorded for this year — open the FDD source before comparing$504,524
    2023cash and cash equivalents, end of yearMore than one value recorded for this year — open the FDD source before comparing$169,332
    2023supplemental disclosure of cash flow information cash payments for interestMore than one value recorded for this year — open the FDD source before comparing$401,526
    2023total stockholders' deficit and member's equity-$4,651,438
    2023total liabilities and stockholders' deficit and member's equity$1,571,297
    2023total current liabilities$1,524,668
    2023operating lease liability, less current maturities$128,124
    2023franchise feesMore than one value recorded for this year — open the FDD source before comparing$438,049
    2023net incomeMore than one value recorded for this year — open the FDD source before comparing$587,077
    2023depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing$31,051
    2023net incomeMore than one value recorded for this year — open the FDD source before comparing-$651,565
    2023prepaid expenses$79,240
    2023company owned and operated bakery salesMore than one value recorded for this year — open the FDD source before comparing$555,099
    2023deferred contract costsMore than one value recorded for this year — open the FDD source before comparing-$21,214
    2023operating incomeMore than one value recorded for this year — open the FDD source before comparing$967,393
    2023gainMore than one value recorded for this year — open the FDD source before comparing-$36,595
    2023trade receivablesMore than one value recorded for this year — open the FDD source before comparing$26,650
    2023note receivable issued with sale of company owned bakery and signed franchise agreement$69,479
    2023accrued interestMore than one value recorded for this year — open the FDD source before comparing-$14,139
    2023royalties receivable net$384,562
    2023accrued interestMore than one value recorded for this year — open the FDD source before comparing$38,019
    2023company owned and operated bakery salesMore than one value recorded for this year — open the FDD source before comparing$116,959
    2023total revenuesMore than one value recorded for this year — open the FDD source before comparing$6,100,653
    2023franchise feesMore than one value recorded for this year — open the FDD source before comparing$251,215
    2023cash and cash equivalents, end of yearMore than one value recorded for this year — open the FDD source before comparing$366,235
    2023adjustments to reconcile net income to net cash from operating activities depreciationMore than one value recorded for this year — open the FDD source before comparing$30,904
    2023goodwill impairment$105,590
    2023deferred contract costsMore than one value recorded for this year — open the FDD source before comparing-$7,833
    2023net cash from operating activitiesMore than one value recorded for this year — open the FDD source before comparing$683,161
    2023operating lease assets and liabilitiesMore than one value recorded for this year — open the FDD source before comparing-$20,105
    2023proceeds from sale of property and equipment$9,100
    2023supplemental disclosure of cash flow information cash payments for interestMore than one value recorded for this year — open the FDD source before comparing$396,113
    2023accrued compensation and benefitsMore than one value recorded for this year — open the FDD source before comparing-$32,794
    2023net cash fromMore than one value recorded for this year — open the FDD source before comparing-$862,321
    2023cash and cash equivalents, beginning of yearMore than one value recorded for this year — open the FDD source before comparing$366,235
    2023gain) loss on sale of property and equipmentMore than one value recorded for this year — open the FDD source before comparing$36,595
    2023changes in assets and liabilities royalties receivableMore than one value recorded for this year — open the FDD source before comparing-$42,521

    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.

    Related research

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    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

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    Agreement term

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    Reader notes on wording

    Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.

    • Item 19 · PDF p. 41 · 2026 FDD

      Our summary: High gross sales

      “High $2,928,187 5 1”

      Note: Page 41 table says 2025, notes refer to 2023 submissions and 2024 high/low; cannot confirm reporting year.

    • Item 19 · PDF p. 41 · 2026 FDD

      Our summary: Bottom 25% gross sales

      “Bottom 25% $505,087 15”

      Note: Page 41 table heading says 2025, notes cite 2023 submissions and 2024 high/low; reporting year cannot be confirmed.

    • Item 19 · PDF p. 41 · 2026 FDD

      Our summary: Top 25% chart Stores count

      “Top 25% $1,626,606 15”

      Note: Page 41 table heading says 2025, notes cite 2023 submissions and 2024 high/low; reporting year cannot be confirmed.

    • Item 19 · PDF p. 41 · 2026 FDD

      Our summary: Median chart Stores count

      “Median $866,756 1”

      Note: Page 41 table heading says 2025, notes cite 2023 submissions and 2024 high/low; reporting year cannot be confirmed.

    • Item 19 · PDF p. 41 · 2026 FDD

      Our summary: Low chart Stores count

      “Low $360,033 5 1”

      Note: Page 41 table heading says 2025, notes cite 2023 submissions and 2024 high/low; reporting year cannot be confirmed.

    • Item 19 · PDF p. 41 · 2026 FDD

      Our summary: Average chart Stores count

      “Average $965,873 62”

      Note: Page 41 table heading says 2025, notes cite 2023 submissions and 2024 high/low; reporting year cannot be confirmed.

    • Item 19 · PDF p. 41 · 2026 FDD

      Our summary: Median gross sales

      “Median $866,756 1”

      Note: Page 41 table heading says 2025, notes cite 2023 submissions and 2024 high/low; reporting year cannot be confirmed.

    • Item 19 · PDF p. 41 · 2026 FDD

      Our summary: Low gross sales

      “Low $360,033 5 1”

      Note: Page 41 table heading says 2025, notes cite 2023 submissions and 2024 high/low; reporting year cannot be confirmed.

    • Item 19 · PDF p. 41 · 2026 FDD

      Our summary: Average gross sales

      “Average $965,873 62”

      Note: Page 41 table heading says 2025, notes cite 2023 submissions and 2024 high/low; reporting year cannot be confirmed.

    • Item 19 · PDF p. 41 · 2026 FDD

      Our summary: Top 25% gross sales

      “Top 25% $1,626,606 15”

      Note: Page 41 table heading says 2025, notes cite 2023 submissions and 2024 high/low; reporting year cannot be confirmed.

    • Item 19 · PDF p. 41 · 2026 FDD

      Our summary: High chart Stores count

      “High $2,928,187 5 1”

      Note: Page 41 table heading says 2025, notes cite 2023 submissions and 2024 high/low; reporting year cannot be confirmed.

    • Item 19 · PDF p. 41 · 2026 FDD

      Our summary: Bottom 25% chart Stores count

      “Bottom 25% $505,087 15”

      Note: Page 41 table heading says 2025, notes cite 2023 submissions and 2024 high/low; reporting year cannot be confirmed.

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