HB
Habitat Burger
Franchise research report · reviewed 2026 disclosure data
Researching Habitat Burger franchise opportunities? Every figure below is cited to the FDD.
Reviewed sources
Habit Burger franchise specializes in charburgers made from fresh, never-frozen beef alongside salads, sandwiches, and hand-cut fries in a fast-casual dining fo
Headline figures
Quick facts
- How much does it cost to open a Habitat Burger franchise?
- The Habitat Burger Franchise Disclosure Document reports an estimated initial investment of $1,031,500–$2,864,500 (2026 FDD, Item 7, PDF p. 23). This is the franchisor's disclosed estimate, not a quote. Details
- What is the Habitat Burger initial franchise fee?
- The disclosed initial franchise fee for a standard single unit is $35,000 (2026 FDD, Item 5, PDF p. 13). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
- What ongoing fees does Habitat Burger charge?
- The disclosed ongoing royalty is $2 (2026 FDD, Item 6, PDF p. 20). The brand or advertising fund contribution is $2 (2026 FDD, Item 6, PDF p. 20). Other recurring fees are listed in Item 6. Details
- Does Habitat Burger disclose financial performance (Item 19)?
- Yes. The Habitat Burger FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 61). Figures apply only to the locations and period each one covers. Details
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1Opening costs are estimated at $1,031,500 – $2,864,500 in the 2026 FDD (Item 7); several initial fee options apply.
- 2Item 19 covers 89 separate groups: other measures for 12 13 February sold assignedfranchise(83%year);6December sold assignedTHR(90%year) sales only. locations; other measures for 10 13 February sold assignedfranchise(83%year);6December sold assignedTHR(90%year) sales only. locations; other measures for 20 13 February sold assignedfranchise(83%year);6December sold assignedTHR(90%year) sales only. locations; other measures for 10 13 February sold assignedfranchise(83%year);6December sold assignedTHR(90%year) sales only. locations; other measures for 20 13 February sold assignedfranchise(83%year);6December sold assignedTHR(90%year) sales only. locations; other measures for 12 13 February sold assignedfranchise(83%year);6December sold assignedTHR(90%year) sales only. locations; other measures for 36 13 February sold assignedfranchise(83%year);6December sold assignedTHR(90%year) sales only. locations; other measures for 132 13 February sold assignedfranchise(83%year);6December sold assignedTHR(90%year) sales only. locations; other measures for 75 Parent-operated; TableC283 locations; other measures for locations; other measures for 43 13 February sold assignedfranchise(83%year);6December sold assignedTHR(90%year) sales only. locations; other measures for 131 Parent-operated; TableC283 locations; other measures for 20 13 February sold assignedfranchise(83%year);6December sold assignedTHR(90%year) sales only. locations; other measures for 289 13 February sold assignedfranchise(83%year);6December sold assignedTHR(90%year) sales only. locations; other measures for 283 Parent-operated; TableC283 locations; other measures for 42 Parent-operated; TableC283 locations; other measures for 35 Parent-operated; TableC283 locations; other measures for 131 Parent-operated; TableC283 locations; other measures for 42 Parent-operated; TableC283 locations; other measures for 283 Parent-operated; TableC283 locations; other measures for 131 Parent-operated; TableC283 locations; other measures for 42 Parent-operated; TableC283 locations; revenue for 62 Parent-operated; TableC283 locations; other measures for 362 locations; other measures for 12 locations; other measures for 1 locations; other measures for 4 locations; other measures for 2 locations; revenue for 289 Parent-operated; TableC283 locations; other measures for 351 locations; other measures for 10 locations; other measures for 62 locations; other measures for 213 locations; other measures for 11 locations; other measures for 6 locations; other measures for 5 locations; other measures for 1 locations; other measures for 13 locations; other measures for 17 locations; other measures for 2 locations; other measures for 14 locations; other measures for 22 locations; other measures for 25 locations; other measures for 25 locations; other measures for 21 locations; other measures for 1 locations; other measures for 1 locations; other measures for 9 locations; other measures for 12 locations; other measures for 4 locations; other measures for 4 locations; other measures for 9 locations; other measures for 4 locations; other measures for 2 locations; other measures for 7 locations; other measures for 2 locations; profit for locations; other measures for 62 13 February sold assignedfranchise(83%year);6December sold assignedTHR(90%year) sales only. locations; other measures for 62 13 February sold assignedfranchise(83%year);6December sold assignedTHR(90%year) sales only. locations; other measures for 78 13 February sold assignedfranchise(83%year);6December sold assignedTHR(90%year) sales only. locations; other measures for 35 Parent-operated; TableC283 locations; other measures for 75 Parent-operated; TableC283 locations; other measures for 75 Parent-operated; TableC283 locations; other measures for 283 Parent-operated; TableC283 locations; other measures for 3 locations; other measures for 17 locations; other measures for 9 locations; other measures for 289 locations; other measures for 12 locations; other measures for 3 locations; other measures for 15 locations; other measures for 4 locations; other measures for 4 locations; other measures for 56 locations; other measures for 23 locations; other measures for 23 locations; other measures for 16 locations; other measures for 24 locations; other measures for 13 locations; other measures for 38 locations; other measures for 1 locations; other measures for 3 locations; other measures for 4 locations; other measures for 5 locations; other measures for 8 locations; other measures for 5 locations; other measures for 5 locations; other measures for 251 locations; other measures for locations. They are not combined.
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. 23
Standard single-unit franchise fee
2026 FDD · Item 5 · PDF p. 13
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.
- required information or understate required Royalties or the Brand Fee by more than — 2%Main ongoing fee
28 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?
89 separate populations, shown apart. Revenue is not owner income.
Locations counted: not stated in the reviewed record
Other measures · 12 locations
- Who is counted
- Franchisee Covered Restaurants Tier 4
- Period
- Highest $ Gross Sales
- Excluded
- Opened/closed during fiscal year excluded;2THR and9franchise nontraditional excluded. TableC excludes62franchise and6December sold; expense exclusions TechnologyFee/merchandise/training/occupancy/debt/tax/dep/amort/corporateoverhead; not netprofit.
- Method
- THR audited statements and franchise reported gross sales; FPR itself unaudited. Tiers based on mean/standard deviation; dollars thousands in TablesA/B. TableC imputed5.5%royalty/2%fund/.5%local; actual company advertising3.4% notused.
Locations counted: not stated in the reviewed record
Other measures · 10 locations
- Who is counted
- Franchisee Covered Restaurants Tier 1
- Period
- $ Gross Sales Average
- Excluded
- Opened/closed during fiscal year excluded;2THR and9franchise nontraditional excluded. TableC excludes62franchise and6December sold; expense exclusions TechnologyFee/merchandise/training/occupancy/debt/tax/dep/amort/corporateoverhead; not netprofit.
- Method
- THR audited statements and franchise reported gross sales; FPR itself unaudited. Tiers based on mean/standard deviation; dollars thousands in TablesA/B. TableC imputed5.5%royalty/2%fund/.5%local; actual company advertising3.4% notused.
Locations counted: not stated in the reviewed record
Other measures · 20 locations
- Who is counted
- Franchisee Covered Restaurants Tier 3
- Period
- $ Gross Sales Average
- Excluded
- Opened/closed during fiscal year excluded;2THR and9franchise nontraditional excluded. TableC excludes62franchise and6December sold; expense exclusions TechnologyFee/merchandise/training/occupancy/debt/tax/dep/amort/corporateoverhead; not netprofit.
- Method
- THR audited statements and franchise reported gross sales; FPR itself unaudited. Tiers based on mean/standard deviation; dollars thousands in TablesA/B. TableC imputed5.5%royalty/2%fund/.5%local; actual company advertising3.4% notused.
Locations counted: not stated in the reviewed record
Other measures · 10 locations
- Who is counted
- Franchisee Covered Restaurants
- Period
- at/above average count
- Excluded
- Opened/closed during fiscal year excluded;2THR and9franchise nontraditional excluded. TableC excludes62franchise and6December sold; expense exclusions TechnologyFee/merchandise/training/occupancy/debt/tax/dep/amort/corporateoverhead; not netprofit.
- Method
- THR audited statements and franchise reported gross sales; FPR itself unaudited. Tiers based on mean/standard deviation; dollars thousands in TablesA/B. TableC imputed5.5%royalty/2%fund/.5%local; actual company advertising3.4% notused.
Locations counted: not stated in the reviewed record
Other measures · 20 locations
- Who is counted
- Franchisee Covered Restaurants
- Period
- at/above average count
- Excluded
- Opened/closed during fiscal year excluded;2THR and9franchise nontraditional excluded. TableC excludes62franchise and6December sold; expense exclusions TechnologyFee/merchandise/training/occupancy/debt/tax/dep/amort/corporateoverhead; not netprofit.
- Method
- THR audited statements and franchise reported gross sales; FPR itself unaudited. Tiers based on mean/standard deviation; dollars thousands in TablesA/B. TableC imputed5.5%royalty/2%fund/.5%local; actual company advertising3.4% notused.
Locations counted: not stated in the reviewed record
Other measures · 12 locations
- Who is counted
- Franchisee Covered Restaurants
- Period
- at/above average percentage
- Excluded
- Opened/closed during fiscal year excluded;2THR and9franchise nontraditional excluded. TableC excludes62franchise and6December sold; expense exclusions TechnologyFee/merchandise/training/occupancy/debt/tax/dep/amort/corporateoverhead; not netprofit.
- Method
- THR audited statements and franchise reported gross sales; FPR itself unaudited. Tiers based on mean/standard deviation; dollars thousands in TablesA/B. TableC imputed5.5%royalty/2%fund/.5%local; actual company advertising3.4% notused.
Locations counted: not stated in the reviewed record
Other measures · 36 locations
- Who is counted
- THR Covered Restaurants Tier 1
- Period
- Lowest $ Gross Sales
- Excluded
- Opened/closed during fiscal year excluded;2THR and9franchise nontraditional excluded. TableC excludes62franchise and6December sold; expense exclusions TechnologyFee/merchandise/training/occupancy/debt/tax/dep/amort/corporateoverhead; not netprofit.
- Method
- THR audited statements and franchise reported gross sales; FPR itself unaudited. Tiers based on mean/standard deviation; dollars thousands in TablesA/B. TableC imputed5.5%royalty/2%fund/.5%local; actual company advertising3.4% notused.
Locations counted: not stated in the reviewed record
Other measures · 132 locations
- Who is counted
- THR Covered Restaurants Tier 2
- Period
- Highest $ Gross Sales
- Excluded
- Opened/closed during fiscal year excluded;2THR and9franchise nontraditional excluded. TableC excludes62franchise and6December sold; expense exclusions TechnologyFee/merchandise/training/occupancy/debt/tax/dep/amort/corporateoverhead; not netprofit.
- Method
- THR audited statements and franchise reported gross sales; FPR itself unaudited. Tiers based on mean/standard deviation; dollars thousands in TablesA/B. TableC imputed5.5%royalty/2%fund/.5%local; actual company advertising3.4% notused.
Locations counted: not stated in the reviewed record
Other measures · 75 locations
- Who is counted
- THR Covered Restaurants; December sold excluded; tiers1–4 andtotal separately Tier 3
- Period
- Lowest operating profit
- Excluded
- 62franchise and6December sold excluded; excludesTechnologyFee,merchandise,training,occupancy,debt,tax,dep/amort,corporateoversight; notnetprofit
- Method
- Imputed5.5%royalty/2%fund/.5%local; actualadvertising3.4%notused. Tierdefinitionssalesmean/standarddeviation. UnauditedFPR fromTHR auditedstatements.
Locations counted: not stated in the reviewed record
Other measures
- Who is counted
- Habit Burger Restaurants operating in the United States at December 30, 2025, including restaurants excluded from the Item 19 performance sample
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 43 locations
- Who is counted
- THR Covered Restaurants Tier 4
- Period
- Lowest $ Gross Sales
- Excluded
- Opened/closed during fiscal year excluded;2THR and9franchise nontraditional excluded. TableC excludes62franchise and6December sold; expense exclusions TechnologyFee/merchandise/training/occupancy/debt/tax/dep/amort/corporateoverhead; not netprofit.
- Method
- THR audited statements and franchise reported gross sales; FPR itself unaudited. Tiers based on mean/standard deviation; dollars thousands in TablesA/B. TableC imputed5.5%royalty/2%fund/.5%local; actual company advertising3.4% notused.
Locations counted: not stated in the reviewed record
Other measures · 131 locations
- Who is counted
- THR Covered Restaurants; December sold excluded; tiers1–4 andtotal separately Tier 2
- Period
- Highest operating profit
- Excluded
- 62franchise and6December sold excluded; excludesTechnologyFee,merchandise,training,occupancy,debt,tax,dep/amort,corporateoversight; notnetprofit
- Method
- Imputed5.5%royalty/2%fund/.5%local; actualadvertising3.4%notused. Tierdefinitionssalesmean/standarddeviation. UnauditedFPR fromTHR auditedstatements.
Locations counted: not stated in the reviewed record
Other measures · 20 locations
- Who is counted
- Franchisee Covered Restaurants Tier 2
- Period
- Highest $ Gross Sales
- Excluded
- Opened/closed during fiscal year excluded;2THR and9franchise nontraditional excluded. TableC excludes62franchise and6December sold; expense exclusions TechnologyFee/merchandise/training/occupancy/debt/tax/dep/amort/corporateoverhead; not netprofit.
- Method
- THR audited statements and franchise reported gross sales; FPR itself unaudited. Tiers based on mean/standard deviation; dollars thousands in TablesA/B. TableC imputed5.5%royalty/2%fund/.5%local; actual company advertising3.4% notused.
Locations counted: not stated in the reviewed record
Other measures · 289 locations
- Who is counted
- THR Covered Restaurants Total
- Period
- Lowest $ Gross Sales
- Excluded
- Opened/closed during fiscal year excluded;2THR and9franchise nontraditional excluded. TableC excludes62franchise and6December sold; expense exclusions TechnologyFee/merchandise/training/occupancy/debt/tax/dep/amort/corporateoverhead; not netprofit.
- Method
- THR audited statements and franchise reported gross sales; FPR itself unaudited. Tiers based on mean/standard deviation; dollars thousands in TablesA/B. TableC imputed5.5%royalty/2%fund/.5%local; actual company advertising3.4% notused.
Locations counted: not stated in the reviewed record
Other measures · 283 locations
- Who is counted
- THR Covered Restaurants; December sold excluded; tiers1–4 andtotal separately Total
- Period
- Lowest operating profit
- Excluded
- 62franchise and6December sold excluded; excludesTechnologyFee,merchandise,training,occupancy,debt,tax,dep/amort,corporateoversight; notnetprofit
- Method
- Imputed5.5%royalty/2%fund/.5%local; actualadvertising3.4%notused. Tierdefinitionssalesmean/standarddeviation. UnauditedFPR fromTHR auditedstatements.
Locations counted: not stated in the reviewed record
Other measures · 42 locations
- Who is counted
- THR Covered Restaurants; December sold excluded; tiers1–4 andtotal separately Tier 4
- Period
- Median operating profit
- Excluded
- 62franchise and6December sold excluded; excludesTechnologyFee,merchandise,training,occupancy,debt,tax,dep/amort,corporateoversight; notnetprofit
- Method
- Imputed5.5%royalty/2%fund/.5%local; actualadvertising3.4%notused. Tierdefinitionssalesmean/standarddeviation. UnauditedFPR fromTHR auditedstatements.
Locations counted: not stated in the reviewed record
Other measures · 35 locations
- Who is counted
- THR Covered Restaurants Tier 1 (December sold restaurants excluded)
- Period
- at/above average count
- Excluded
- 62franchise and6December sold excluded; excludesTechnologyFee,merchandise,training,occupancy,debt,tax,dep/amort,corporateoversight; notnetprofit
- Method
- Imputed5.5%royalty/2%fund/.5%local; actualadvertising3.4%notused. Tierdefinitionssalesmean/standarddeviation. UnauditedFPR fromTHR auditedstatements.
Locations counted: not stated in the reviewed record
Other measures · 131 locations
- Who is counted
- THR Covered Restaurants Tier 2 (December sold restaurants excluded)
- Period
- Average operating profit 15.0%
- Excluded
- 62franchise and6December sold excluded; excludesTechnologyFee,merchandise,training,occupancy,debt,tax,dep/amort,corporateoversight; notnetprofit
- Method
- Imputed5.5%royalty/2%fund/.5%local; actualadvertising3.4%notused. Tierdefinitionssalesmean/standarddeviation. UnauditedFPR fromTHR auditedstatements.
Locations counted: not stated in the reviewed record
Other measures · 42 locations
- Who is counted
- THR Covered Restaurants Tier 4 (December sold restaurants excluded)
- Period
- Average operating profit
- Excluded
- 62franchise and6December sold excluded; excludesTechnologyFee,merchandise,training,occupancy,debt,tax,dep/amort,corporateoversight; notnetprofit
- Method
- Imputed5.5%royalty/2%fund/.5%local; actualadvertising3.4%notused. Tierdefinitionssalesmean/standarddeviation. UnauditedFPR fromTHR auditedstatements.
Locations counted: not stated in the reviewed record
Other measures · 283 locations
- Who is counted
- THR Covered Restaurants Total (December sold restaurants excluded)
- Period
- Average operating profit
- Excluded
- 62franchise and6December sold excluded; excludesTechnologyFee,merchandise,training,occupancy,debt,tax,dep/amort,corporateoversight; notnetprofit
- Method
- Imputed5.5%royalty/2%fund/.5%local; actualadvertising3.4%notused. Tierdefinitionssalesmean/standarddeviation. UnauditedFPR fromTHR auditedstatements.
Locations counted: not stated in the reviewed record
Other measures · 131 locations
- Who is counted
- THR Covered Restaurants Tier 2; December Sold Restaurants excluded
- Period
- sample
- Excluded
- 62franchise and6December sold excluded; excludesTechnologyFee,merchandise,training,occupancy,debt,tax,dep/amort,corporateoversight; notnetprofit
- Method
- Imputed5.5%royalty/2%fund/.5%local; actualadvertising3.4%notused. Tierdefinitionssalesmean/standarddeviation. UnauditedFPR fromTHR auditedstatements.
Locations counted: not stated in the reviewed record
Other measures · 42 locations
- Who is counted
- THR Covered Restaurants Tier 4; December Sold Restaurants excluded
- Period
- sample
- Excluded
- 62franchise and6December sold excluded; excludesTechnologyFee,merchandise,training,occupancy,debt,tax,dep/amort,corporateoversight; notnetprofit
- Method
- Imputed5.5%royalty/2%fund/.5%local; actualadvertising3.4%notused. Tierdefinitionssalesmean/standarddeviation. UnauditedFPR fromTHR auditedstatements.
Locations counted: not stated in the reviewed record
Revenue · 62 locations
- Who is counted
- Franchisee Covered Restaurants including February Sold Restaurants; gross sales quartile basis
- Period
- 1868744
- Excluded
- 62franchise and6December sold excluded; excludesTechnologyFee,merchandise,training,occupancy,debt,tax,dep/amort,corporateoversight; notnetprofit
- Method
- Imputed5.5%royalty/2%fund/.5%local; actualadvertising3.4%notused. Tierdefinitionssalesmean/standarddeviation. UnauditedFPR fromTHR auditedstatements.
Locations counted: not stated in the reviewed record
Other measures · 362 locations
- Who is counted
- Habit Burger Restaurants operating during all of Fiscal Year 2025, before nontraditional location exclusions
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 12 locations
- Who is counted
- THR-operated Habit Burger Restaurants closed during Fiscal Year 2025 and excluded from the FPR
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 1 locations
- Who is counted
- Franchise-operated Habit Burger closure that was a non-renewal and excluded from the FPR
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 4 locations
- Who is counted
- Franchise-operated Habit Burger Restaurants opened during Fiscal Year 2025 and excluded from the FPR
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 2 locations
- Who is counted
- THR-operated Habit Burger nontraditional locations excluded from the FPR
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Revenue · 289 locations
- Who is counted
- THR Covered Restaurants including December Sold Restaurants; gross sales quartile basis
- Period
- 1896257
- Excluded
- 62franchise and6December sold excluded; excludesTechnologyFee,merchandise,training,occupancy,debt,tax,dep/amort,corporateoversight; notnetprofit
- Method
- Imputed5.5%royalty/2%fund/.5%local; actualadvertising3.4%notused. Tierdefinitionssalesmean/standarddeviation. UnauditedFPR fromTHR auditedstatements.
Locations counted: not stated in the reviewed record
Other measures · 351 locations
- Who is counted
- Habit Burger Covered Restaurants in the Fiscal Year 2025 Item 19 FPR
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 10 locations
- Who is counted
- THR Covered Restaurants in opening cohort 2020
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 62 locations
- Who is counted
- Franchisee Covered Restaurants in the Fiscal Year 2025 Item 19 FPR
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 213 locations
- Who is counted
- THR Covered Restaurants located in California
- Period
- California
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 11 locations
- Who is counted
- THR Covered Restaurants located in Florida
- Period
- Florida
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 6 locations
- Who is counted
- THR Covered Restaurants located in Maryland
- Period
- Maryland
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 5 locations
- Who is counted
- THR Covered Restaurants located in North Carolina
- Period
- North Carolina
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 1 locations
- Who is counted
- THR Covered Restaurants located in Pennsylvania
- Period
- Pennsylvania
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 13 locations
- Who is counted
- THR Covered Restaurants located in Utah
- Period
- Utah
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 17 locations
- Who is counted
- THR Covered Restaurants in opening cohort 2014
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 2 locations
- Who is counted
- THR Covered Restaurants located in Washington
- Period
- Washington
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 14 locations
- Who is counted
- THR Covered Restaurants in opening cohort 2013
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 22 locations
- Who is counted
- THR Covered Restaurants in opening cohort 2016
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 25 locations
- Who is counted
- THR Covered Restaurants in opening cohort 2018
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 25 locations
- Who is counted
- THR Covered Restaurants in opening cohort 2021
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 21 locations
- Who is counted
- THR Covered Restaurants in opening cohort 2023
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 1 locations
- Who is counted
- Franchisee Covered Restaurants located in Florida; includes the February Sold Restaurants as classified in Item 19
- Period
- Florida
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 1 locations
- Who is counted
- Franchisee Covered Restaurants located in Massachusetts; includes the February Sold Restaurants as classified in Item 19
- Period
- Massachusetts
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 9 locations
- Who is counted
- Franchisee Covered Restaurants located in Nevada; includes the February Sold Restaurants as classified in Item 19
- Period
- Nevada
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 12 locations
- Who is counted
- Franchisee Covered Restaurants located in Washington; includes the February Sold Restaurants as classified in Item 19
- Period
- Washington
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 4 locations
- Who is counted
- Franchisee Covered Restaurants opened in 2014; includes the February Sold Restaurants as classified in Item 19
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 4 locations
- Who is counted
- Franchisee Covered Restaurants opened in 2016; includes the February Sold Restaurants as classified in Item 19
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 9 locations
- Who is counted
- Franchisee Covered Restaurants opened in 2017; includes the February Sold Restaurants as classified in Item 19
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 4 locations
- Who is counted
- Franchisee Covered Restaurants opened in 2019; includes the February Sold Restaurants as classified in Item 19
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 2 locations
- Who is counted
- Franchisee Covered Restaurants opened in 2021; includes the February Sold Restaurants as classified in Item 19
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 7 locations
- Who is counted
- Franchisee Covered Restaurants opened in 2023; includes February Sold Restaurants per Item 19 classification
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 2 locations
- Who is counted
- Franchisee Covered Restaurants opened in 2024; includes February Sold Restaurants per Item 19 classification
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Profit
- Who is counted
- 283 THR Table C
- Period
- and other professional fees, and employee recruiting costs. We imputed royalties equal to
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 62 locations
- Who is counted
- Franchisee Covered Restaurants Total
- Period
- Lowest $ Gross Sales
- Excluded
- Opened/closed during fiscal year excluded;2THR and9franchise nontraditional excluded. TableC excludes62franchise and6December sold; expense exclusions TechnologyFee/merchandise/training/occupancy/debt/tax/dep/amort/corporateoverhead; not netprofit.
- Method
- THR audited statements and franchise reported gross sales; FPR itself unaudited. Tiers based on mean/standard deviation; dollars thousands in TablesA/B. TableC imputed5.5%royalty/2%fund/.5%local; actual company advertising3.4% notused.
Locations counted: not stated in the reviewed record
Other measures · 62 locations
- Who is counted
- Franchisee Covered Restaurants
- Period
- at/above average count
- Excluded
- Opened/closed during fiscal year excluded;2THR and9franchise nontraditional excluded. TableC excludes62franchise and6December sold; expense exclusions TechnologyFee/merchandise/training/occupancy/debt/tax/dep/amort/corporateoverhead; not netprofit.
- Method
- THR audited statements and franchise reported gross sales; FPR itself unaudited. Tiers based on mean/standard deviation; dollars thousands in TablesA/B. TableC imputed5.5%royalty/2%fund/.5%local; actual company advertising3.4% notused.
Locations counted: not stated in the reviewed record
Other measures · 78 locations
- Who is counted
- THR Covered Restaurants Tier 3
- Period
- Lowest $ Gross Sales
- Excluded
- Opened/closed during fiscal year excluded;2THR and9franchise nontraditional excluded. TableC excludes62franchise and6December sold; expense exclusions TechnologyFee/merchandise/training/occupancy/debt/tax/dep/amort/corporateoverhead; not netprofit.
- Method
- THR audited statements and franchise reported gross sales; FPR itself unaudited. Tiers based on mean/standard deviation; dollars thousands in TablesA/B. TableC imputed5.5%royalty/2%fund/.5%local; actual company advertising3.4% notused.
Locations counted: not stated in the reviewed record
Other measures · 35 locations
- Who is counted
- THR Covered Restaurants; December sold excluded; tiers1–4 andtotal separately Tier 1
- Period
- Lowest operating profit
- Excluded
- 62franchise and6December sold excluded; excludesTechnologyFee,merchandise,training,occupancy,debt,tax,dep/amort,corporateoversight; notnetprofit
- Method
- Imputed5.5%royalty/2%fund/.5%local; actualadvertising3.4%notused. Tierdefinitionssalesmean/standarddeviation. UnauditedFPR fromTHR auditedstatements.
Locations counted: not stated in the reviewed record
Other measures · 75 locations
- Who is counted
- THR Covered Restaurants Tier 3 (December sold restaurants excluded)
- Period
- Average operating profit
- Excluded
- 62franchise and6December sold excluded; excludesTechnologyFee,merchandise,training,occupancy,debt,tax,dep/amort,corporateoversight; notnetprofit
- Method
- Imputed5.5%royalty/2%fund/.5%local; actualadvertising3.4%notused. Tierdefinitionssalesmean/standarddeviation. UnauditedFPR fromTHR auditedstatements.
Locations counted: not stated in the reviewed record
Other measures · 75 locations
- Who is counted
- THR Covered Restaurants Tier 3; December Sold Restaurants excluded
- Period
- sample
- Excluded
- 62franchise and6December sold excluded; excludesTechnologyFee,merchandise,training,occupancy,debt,tax,dep/amort,corporateoversight; notnetprofit
- Method
- Imputed5.5%royalty/2%fund/.5%local; actualadvertising3.4%notused. Tierdefinitionssalesmean/standarddeviation. UnauditedFPR fromTHR auditedstatements.
Locations counted: not stated in the reviewed record
Other measures · 283 locations
- Who is counted
- Total THR Covered Restaurants in Table C; December Sold Restaurants excluded
- Period
- sample
- Excluded
- 62franchise and6December sold excluded; excludesTechnologyFee,merchandise,training,occupancy,debt,tax,dep/amort,corporateoversight; notnetprofit
- Method
- Imputed5.5%royalty/2%fund/.5%local; actualadvertising3.4%notused. Tierdefinitionssalesmean/standarddeviation. UnauditedFPR fromTHR auditedstatements.
Locations counted: not stated in the reviewed record
Other measures · 3 locations
- Who is counted
- Franchise-operated Habit Burger Restaurants closed during Fiscal Year 2025 and excluded from the FPR
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 17 locations
- Who is counted
- THR-operated Habit Burger Restaurants opened during Fiscal Year 2025 and excluded from the FPR
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 9 locations
- Who is counted
- Franchise-operated Habit Burger Restaurants in nontraditional locations excluded from the FPR
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 289 locations
- Who is counted
- THR Covered Restaurants in the Fiscal Year 2025 Item 19 FPR
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 12 locations
- Who is counted
- THR Covered Restaurants located in Arizona
- Period
- Arizona
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 3 locations
- Who is counted
- THR Covered Restaurants located in Idaho
- Period
- Idaho
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 15 locations
- Who is counted
- THR Covered Restaurants located in New Jersey
- Period
- New Jersey
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 4 locations
- Who is counted
- THR Covered Restaurants located in South Carolina
- Period
- South Carolina
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 4 locations
- Who is counted
- THR Covered Restaurants located in Virginia
- Period
- Virginia
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 56 locations
- Who is counted
- THR Covered Restaurants in opening cohort 2012 or earlier
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 23 locations
- Who is counted
- THR Covered Restaurants in opening cohort 2015
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 23 locations
- Who is counted
- THR Covered Restaurants in opening cohort 2017
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 16 locations
- Who is counted
- THR Covered Restaurants in opening cohort 2019
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 24 locations
- Who is counted
- THR Covered Restaurants in opening cohort 2022
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 13 locations
- Who is counted
- THR Covered Restaurants in opening cohort 2024
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 38 locations
- Who is counted
- Franchisee Covered Restaurants located in California
- Period
- California
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 1 locations
- Who is counted
- Franchisee Covered Restaurants located in New Jersey; includes the February Sold Restaurants as classified in Item 19
- Period
- New Jersey
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 3 locations
- Who is counted
- Franchisee Covered Restaurants opened in 2012 or earlier; includes the February Sold Restaurants as classified in Item 19
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 4 locations
- Who is counted
- Franchisee Covered Restaurants opened in 2013; includes the February Sold Restaurants as classified in Item 19
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 5 locations
- Who is counted
- Franchisee Covered Restaurants opened in 2015; includes the February Sold Restaurants as classified in Item 19
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 8 locations
- Who is counted
- Franchisee Covered Restaurants opened in 2018; includes the February Sold Restaurants as classified in Item 19
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 5 locations
- Who is counted
- Franchisee Covered Restaurants opened in 2020; includes the February Sold Restaurants as classified in Item 19
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 5 locations
- Who is counted
- Franchisee Covered Restaurants opened in 2022; includes February Sold Restaurants per Item 19 classification
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures · 251 locations
- Who is counted
- Habit Burger Covered Restaurants located in California
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
Locations counted: not stated in the reviewed record
Other measures
- Who is counted
- Habit Burger Covered Restaurants
- Excluded
- Full-year requirement; new/closed and nontraditional exclusions as stated.
- Method
- Source counts, locations and opening cohorts; no recomputation
These groups are never combined.
Outlet Changes — Item 20
How has the outlet count changed?
Coverage not stated in the reviewed record · counts as of year end of each year.
2026 FDD · Item 20 ·
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 ($1,031,500 – $2,864,500) 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?
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]Estimated initial investment — Item 7 · PDF p. 23
- [2]Standard initial franchise fee — Item 5 · PDF p. 13
- [3]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants Tier 4 · PDF p. 61
- [4]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants Tier 1 · PDF p. 61
- [5]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants Tier 3 · PDF p. 61
- [6]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants · PDF p. 61
- [7]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants · PDF p. 61
- [8]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants · PDF p. 61
- [9]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants Tier 1 · PDF p. 62
- [10]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants Tier 2 · PDF p. 62
- [11]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants; December sold excluded; tiers1–4 andtotal separately T… · PDF p. 62; PDF p. 63
- [12]Item 19 — Locations counted not stated in the reviewed record — Habit Burger Restaurants operating in the United States at December 30, 2025, i… · PDF p. 59
- [13]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants Tier 4 · PDF p. 62
- [14]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants; December sold excluded; tiers1–4 andtotal separately T… · PDF p. 63; PDF p. 62
- [15]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants Tier 2 · PDF p. 61
- [16]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants Total · PDF p. 62
- [17]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants; December sold excluded; tiers1–4 andtotal separately T… · PDF p. 62; PDF p. 63
- [18]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants; December sold excluded; tiers1–4 andtotal separately T… · PDF p. 63; PDF p. 62
- [19]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants Tier 1 (December sold restaurants excluded) · PDF p. 63; PDF p. 62
- [20]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants Tier 2 (December sold restaurants excluded) · PDF p. 63
- [21]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants Tier 4 (December sold restaurants excluded) · PDF p. 63
- [22]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants Total (December sold restaurants excluded) · PDF p. 63
- [23]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants Tier 2; December Sold Restaurants excluded · PDF p. 62
- [24]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants Tier 4; December Sold Restaurants excluded · PDF p. 62
- [25]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants including February Sold Restaurants; gross sales… · PDF p. 60
- [26]Item 19 — Locations counted not stated in the reviewed record — Habit Burger Restaurants operating during all of Fiscal Year 2025, before nontr… · PDF p. 59
- [27]Item 19 — Locations counted not stated in the reviewed record — THR-operated Habit Burger Restaurants closed during Fiscal Year 2025 and exclud… · PDF p. 59
- [28]Item 19 — Locations counted not stated in the reviewed record — Franchise-operated Habit Burger closure that was a non-renewal and excluded fro… · PDF p. 59
- [29]Item 19 — Locations counted not stated in the reviewed record — Franchise-operated Habit Burger Restaurants opened during Fiscal Year 2025 and… · PDF p. 59
- [30]Item 19 — Locations counted not stated in the reviewed record — THR-operated Habit Burger nontraditional locations excluded from the FPR · PDF p. 59
- [31]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants including December Sold Restaurants; gross sales quarti… · PDF p. 61
- [32]Item 19 — Locations counted not stated in the reviewed record — Habit Burger Covered Restaurants in the Fiscal Year 2025 Item 19 FPR · PDF p. 59
- [33]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants in opening cohort 2020 · PDF p. 60
- [34]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants in the Fiscal Year 2025 Item 19 FPR · PDF p. 59
- [35]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants located in California · PDF p. 60
- [36]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants located in Florida · PDF p. 60
- [37]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants located in Maryland · PDF p. 60
- [38]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants located in North Carolina · PDF p. 60
- [39]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants located in Pennsylvania · PDF p. 60
- [40]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants located in Utah · PDF p. 60
- [41]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants in opening cohort 2014 · PDF p. 60
- [42]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants located in Washington · PDF p. 60
- [43]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants in opening cohort 2013 · PDF p. 60
- [44]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants in opening cohort 2016 · PDF p. 60
- [45]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants in opening cohort 2018 · PDF p. 60
- [46]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants in opening cohort 2021 · PDF p. 60
- [47]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants in opening cohort 2023 · PDF p. 60
- [48]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants located in Florida; includes the February Sold R… · PDF p. 60
- [49]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants located in Massachusetts; includes the February… · PDF p. 60
- [50]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants located in Nevada; includes the February Sold Re… · PDF p. 60
- [51]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants located in Washington; includes the February Sol… · PDF p. 60
- [52]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants opened in 2014; includes the February Sold Resta… · PDF p. 60
- [53]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants opened in 2016; includes the February Sold Resta… · PDF p. 60
- [54]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants opened in 2017; includes the February Sold Resta… · PDF p. 60
- [55]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants opened in 2019; includes the February Sold Resta… · PDF p. 60
- [56]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants opened in 2021; includes the February Sold Resta… · PDF p. 60
- [57]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants opened in 2023; includes February Sold Restauran… · PDF p. 60
- [58]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants opened in 2024; includes February Sold Restauran… · PDF p. 60
- [59]Item 19 — Locations counted not stated in the reviewed record — 283 THR Table C · PDF p. 64
- [60]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants Total · PDF p. 61
- [61]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants · PDF p. 61
- [62]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants Tier 3 · PDF p. 62
- [63]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants; December sold excluded; tiers1–4 andtotal separately T… · PDF p. 62; PDF p. 63
- [64]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants Tier 3 (December sold restaurants excluded) · PDF p. 63
- [65]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants Tier 3; December Sold Restaurants excluded · PDF p. 62
- [66]Item 19 — Locations counted not stated in the reviewed record — Total THR Covered Restaurants in Table C; December Sold Restaurants excluded · PDF p. 62
- [67]Item 19 — Locations counted not stated in the reviewed record — Franchise-operated Habit Burger Restaurants closed during Fiscal Year 2025 and… · PDF p. 59
- [68]Item 19 — Locations counted not stated in the reviewed record — THR-operated Habit Burger Restaurants opened during Fiscal Year 2025 and exclud… · PDF p. 59
- [69]Item 19 — Locations counted not stated in the reviewed record — Franchise-operated Habit Burger Restaurants in nontraditional locations exclude… · PDF p. 59
- [70]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants in the Fiscal Year 2025 Item 19 FPR · PDF p. 59
- [71]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants located in Arizona · PDF p. 60
- [72]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants located in Idaho · PDF p. 60
- [73]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants located in New Jersey · PDF p. 60
- [74]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants located in South Carolina · PDF p. 60
- [75]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants located in Virginia · PDF p. 60
- [76]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants in opening cohort 2012 or earlier · PDF p. 60
- [77]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants in opening cohort 2015 · PDF p. 60
- [78]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants in opening cohort 2017 · PDF p. 60
- [79]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants in opening cohort 2019 · PDF p. 60
- [80]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants in opening cohort 2022 · PDF p. 60
- [81]Item 19 — Locations counted not stated in the reviewed record — THR Covered Restaurants in opening cohort 2024 · PDF p. 60
- [82]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants located in California · PDF p. 60
- [83]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants located in New Jersey; includes the February Sol… · PDF p. 60
- [84]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants opened in 2012 or earlier; includes the February… · PDF p. 60
- [85]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants opened in 2013; includes the February Sold Resta… · PDF p. 60
- [86]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants opened in 2015; includes the February Sold Resta… · PDF p. 60
- [87]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants opened in 2018; includes the February Sold Resta… · PDF p. 60
- [88]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants opened in 2020; includes the February Sold Resta… · PDF p. 60
- [89]Item 19 — Locations counted not stated in the reviewed record — Franchisee Covered Restaurants opened in 2022; includes February Sold Restauran… · PDF p. 60
- [90]Item 19 — Locations counted not stated in the reviewed record — Habit Burger Covered Restaurants located in California · PDF p. 64
- [91]Item 19 — Locations counted not stated in the reviewed record — Habit Burger Covered Restaurants · PDF p. 65
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.
Territory & operations
99 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 year | Measure | Reported value |
|---|---|---|
| 2025 | total assets | $1,832,753 |
| 2025 | accrued expensesMore than one value recorded for this year — open the FDD source before comparing | $175,717 |
| 2025 | total current liabilities | $265,741 |
| 2025 | franchise advertising and other services expense | $3,460,836 |
| 2025 | accounts receivable, net | $895,460 |
| 2025 | net cash provided by operating activities | $4,860,276 |
| 2025 | net cash used in financing activities | -$4,860,296 |
| 2025 | accounts receivable allowance2025 | $252,050 |
| 2025 | accounts receivable net | $954,320 |
| 2025 | franchise incentives | $20,104 |
| 2025 | due from member | $590,227 |
| 2025 | total current assets | $1,564,651 |
| 2025 | long-term restricted cash | $29,960 |
| 2025 | long-term franchise incentives | $238,142 |
| 2025 | total long-term assets | $268,102 |
| 2025 | deferred franchise feesMore than one value recorded for this year — open the FDD source before comparing | $90,024 |
| 2025 | long-term deferred franchise fees | $1,067,012 |
| 2025 | total liabilities | $1,332,753 |
| 2025 | member's equity | $500,000 |
| 2025 | total liabilities and member's equity | $1,832,753 |
| 2025 | franchise and license revenues | $7,108,817 |
| 2025 | franchise contributions for advertising and other services | $3,317,050 |
| 2025 | total revenues | $10,425,867 |
| 2025 | general and administrative expenses | $1,870,789 |
| 2025 | provision for bad debt | $233,946 |
| 2025 | total costs and expenses | $5,565,571 |
| 2025 | net income | $4,860,296 |
| 2025 | incentive and deferred fees amortization | -$207,059 |
| 2025 | accrued expensesMore than one value recorded for this year — open the FDD source before comparing | $77,401 |
| 2025 | due from/to member | -$1,016,535 |
| 2025 | deferred franchise feesMore than one value recorded for this year — open the FDD source before comparing | $250,713 |
| 2025 | net cash transferred to yum! brands, inc. and member | -$4,860,296 |
| 2025 | net change in cash and cash equivalents and restricted cash | -$20 |
| 2025 | cash and cash equivalents and restricted cash, beginning of period | $29,980 |
| 2025 | cash and cash equivalents and restricted cash, end of period | $29,960 |
| 2024 | accounts receivable net | $1,849,780 |
| 2024 | cash and cash equivalents and restricted cash, end of period | $29,980 |
| 2024 | long-term restricted cash | $29,980 |
| 2024 | member's equity | $500,000 |
| 2024 | accounts receivable allowance2024 | $20,127 |
| 2024 | total liabilities and member's equity | $2,158,110 |
| 2024 | net income | $3,656,872 |
| 2024 | due from/to member | $1,981,057 |
| 2024 | franchise incentives | $20,104 |
| 2024 | total current assets | $1,869,884 |
| 2024 | long-term franchise incentives | $258,246 |
| 2024 | total long-term assets | $288,226 |
| 2024 | total assets | $2,158,110 |
| 2024 | accrued expensesMore than one value recorded for this year — open the FDD source before comparing | $98,316 |
| 2024 | deferred franchise feesMore than one value recorded for this year — open the FDD source before comparing | $78,103 |
| 2024 | due to member | $426,308 |
| 2024 | total current liabilities | $602,727 |
| 2024 | long-term deferred franchise fees | $1,055,383 |
| 2024 | total liabilities | $1,658,110 |
| 2024 | franchise and license revenues | $6,573,792 |
| 2024 | franchise contributions for advertising and other services | $2,639,742 |
| 2024 | total revenues | $9,213,534 |
| 2024 | general and administrative expenses | $2,144,744 |
| 2024 | franchise advertising and other services expense | $3,373,789 |
| 2024 | provision for bad debt | $38,129 |
| 2024 | total costs and expenses | $5,556,662 |
| 2024 | incentive and deferred fees amortization | -$848,506 |
| 2024 | accounts receivable, net | -$1,301,315 |
| 2024 | accrued expensesMore than one value recorded for this year — open the FDD source before comparing | -$542 |
| 2024 | deferred franchise feesMore than one value recorded for this year — open the FDD source before comparing | $169,286 |
| 2024 | net cash provided by operating activities | $3,656,852 |
| 2024 | net cash transferred to yum! brands, inc. and member | -$3,656,872 |
| 2024 | net cash used in financing activities | -$3,656,872 |
| 2024 | net change in cash and cash equivalents and restricted cash | -$20 |
| 2024 | cash and cash equivalents and restricted cash, beginning of period | $30,000 |
| 2023 | accounts receivable, net | $59,332 |
| 2023 | franchise and license revenues | $5,678,197 |
| 2023 | total revenues | $7,572,031 |
| 2023 | franchise advertising and other services expense | $2,456,013 |
| 2023 | net change in cash and cash equivalents and restricted cash | -$20,000 |
| 2023 | provision for bad debt | $89,366 |
| 2023 | cash and cash equivalents and restricted cash, end of period | $30,000 |
| 2023 | franchise contributions for advertising and other services | $1,893,834 |
| 2023 | general and administrative expenses | $2,618,853 |
| 2023 | total costs and expenses | $5,164,232 |
| 2023 | net income | $2,407,799 |
| 2023 | incentive and deferred fees amortization | -$190,776 |
| 2023 | franchise incentives | -$300,000 |
| 2023 | accrued expenses | $65,944 |
| 2023 | due from/to member | $187,999 |
| 2023 | deferred franchise fees | $157,501 |
| 2023 | net cash provided by operating activities | $2,387,799 |
| 2023 | net cash transferred to yum! brands, inc. and member | -$2,407,799 |
| 2023 | net cash used in financing activities | -$2,407,799 |
| 2023 | cash and cash equivalents and restricted cash, beginning of period | $50,000 |
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
Brands in the same subcategory first, then the wider industry, ordered by shared business format and overlapping investment range. This is not a ranking or recommendation.
Head-to-head comparisons
At a glance
Business history
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Owner participation
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Territory language
Litigation disclosure
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Bankruptcy disclosure
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Agreement term
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Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.