Franopolis
    H

    HobbyTown

    Franchise research report · reviewed 2026 disclosure data

    Researching HobbyTown franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources

    HobbyTown franchise specializes in hobby retail, offering radio-controlled vehicles, model kits, games, and crafting supplies to enthusiasts of all ages.

    Headline figures

    Quick facts

    How much does it cost to open a HobbyTown franchise?
    The HobbyTown Franchise Disclosure Document reports an estimated initial investment of $327,100 (2026 FDD, Item 7, PDF p. 17). This is the franchisor's disclosed estimate, not a quote. Details
    What ongoing fees does HobbyTown charge?
    The disclosed ongoing royalty is $5 (2026 FDD, Item 6, PDF p. 13). The brand or advertising fund contribution is $30,000 (2026 FDD, Item 6, PDF p. 13). Other recurring fees are listed in Item 6. Details
    Does HobbyTown disclose financial performance (Item 19)?
    Yes. The HobbyTown FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 45). Figures apply only to the locations and period each one covers. Details
    How many HobbyTown locations are there?
    The FDD reports 172 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 53). 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 $327,100 in the 2026 FDD (Item 7); several initial fee options apply.
    2. 2Item 19 reports adjusted operating results for 67 Franchised; may include independent-store conversions stores.
    3. 3Outlets declined by 16 in 2025, to 172 (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

    Ongoing Fees — Item 6

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

    Royalty / minimum advertising — 4.75%Main ongoing fee

    44 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?

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

    Locations counted: not stated in the reviewed record

    Adjusted operating results · 67 locations

    Adjusted company-owned results: the franchisor adjusted these centers' expenses to estimate franchisee costs. They are not observed franchisee results or owner take-home income.

    Who is counted
    All 67 reporting stores
    Period
    Median
    Excluded
    18 full-year stores incomplete; 9 closed, 1 opened and 1 reacquired excluded. Expenses exclude automobile, contributions, employee benefits, health/life insurance, interest, meals/entertainment, owner payroll, travel.
    Method
    Unaudited franchisee reports; source rounded to dollars. 27 multiunit stores expenses allocated proportionally to store revenue. Marketing adjusted to 2%, royalty 4.75%; zeros may reflect other expense categories/store reports. Table4 repeated expense figures retained as printed.

    Locations counted: not stated in the reviewed record

    Adjusted operating results

    Adjusted company-owned results: the franchisor adjusted these centers' expenses to estimate franchisee costs. They are not observed franchisee results or owner take-home income.

    Who is counted
    Quartile 1 by adjusted operating income; 67-store reporting population
    Period
    Median
    Excluded
    18 full-year stores incomplete; 9 closed, 1 opened and 1 reacquired excluded. Expenses exclude automobile, contributions, employee benefits, health/life insurance, interest, meals/entertainment, owner payroll, travel.
    Method
    Unaudited franchisee reports; source rounded to dollars. 27 multiunit stores expenses allocated proportionally to store revenue. Marketing adjusted to 2%, royalty 4.75%; zeros may reflect other expense categories/store reports. Table4 repeated expense figures retained as printed.

    Locations counted: not stated in the reviewed record

    Adjusted operating results

    Adjusted company-owned results: the franchisor adjusted these centers' expenses to estimate franchisee costs. They are not observed franchisee results or owner take-home income.

    Who is counted
    Quartile 2 by adjusted operating income; 67-store reporting population
    Period
    Median
    Excluded
    18 full-year stores incomplete; 9 closed, 1 opened and 1 reacquired excluded. Expenses exclude automobile, contributions, employee benefits, health/life insurance, interest, meals/entertainment, owner payroll, travel.
    Method
    Unaudited franchisee reports; source rounded to dollars. 27 multiunit stores expenses allocated proportionally to store revenue. Marketing adjusted to 2%, royalty 4.75%; zeros may reflect other expense categories/store reports. Table4 repeated expense figures retained as printed.

    Locations counted: not stated in the reviewed record

    Adjusted operating results

    Adjusted company-owned results: the franchisor adjusted these centers' expenses to estimate franchisee costs. They are not observed franchisee results or owner take-home income.

    Who is counted
    Quartile 3 by adjusted operating income; 67-store reporting population
    Period
    Average
    Excluded
    18 full-year stores incomplete; 9 closed, 1 opened and 1 reacquired excluded. Expenses exclude automobile, contributions, employee benefits, health/life insurance, interest, meals/entertainment, owner payroll, travel.
    Method
    Unaudited franchisee reports; source rounded to dollars. 27 multiunit stores expenses allocated proportionally to store revenue. Marketing adjusted to 2%, royalty 4.75%; zeros may reflect other expense categories/store reports. Table4 repeated expense figures retained as printed.

    Locations counted: not stated in the reviewed record

    Adjusted operating results

    Adjusted company-owned results: the franchisor adjusted these centers' expenses to estimate franchisee costs. They are not observed franchisee results or owner take-home income.

    Who is counted
    Quartile 4 by adjusted operating income; 67-store reporting population
    Period
    Median
    Excluded
    18 full-year stores incomplete; 9 closed, 1 opened and 1 reacquired excluded. Expenses exclude automobile, contributions, employee benefits, health/life insurance, interest, meals/entertainment, owner payroll, travel.
    Method
    Unaudited franchisee reports; source rounded to dollars. 27 multiunit stores expenses allocated proportionally to store revenue. Marketing adjusted to 2%, royalty 4.75%; zeros may reflect other expense categories/store reports. Table4 repeated expense figures retained as printed.

    Locations counted: not stated in the reviewed record

    Other measures

    These groups are never combined. Adjusted company-owned operating results cannot be divided by franchised revenue to calculate a franchisee profit margin.

    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. 53

    Net −28 outlets, 2023–2025

    0200202318820241722025−12−16

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

    Questions to investigate

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

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($327,100) 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 decreased from 188 to 172 in 2025. What drove the change?

    • 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]Item 19 — Locations counted not stated in the reviewed record — All 67 reporting stores · PDF p. 45; PDF p. 46
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Quartile 1 by adjusted operating income; 67-store reporting population · PDF p. 46; PDF p. 47
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Quartile 2 by adjusted operating income; 67-store reporting population · PDF p. 47; PDF p. 48
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Quartile 3 by adjusted operating income; 67-store reporting population · PDF p. 48; PDF p. 49
    6. [6]Item 19 — Locations counted not stated in the reviewed record — Quartile 4 by adjusted operating income; 67-store reporting population · PDF p. 49; PDF p. 50
    7. [7]Item 19 — Locations counted not stated in the reviewed record · PDF p. 44; PDF p. 50
    8. [8]Outlet counts — Item 20, Table 1 · PDF p. 53

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

    Territory & operations

    96 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
    2025accounts receivable$116,932
    2025accounts receivable - related partyMore than one value recorded for this year — open the FDD source before comparing$76,459
    2025inventoriesMore than one value recorded for this year — open the FDD source before comparing-$88,633
    2025accounts receivable - net of allowance$477,953
    2025accounts receivable - related partyMore than one value recorded for this year — open the FDD source before comparing$157,231
    2025inventoriesMore than one value recorded for this year — open the FDD source before comparing$88,633
    2025assets available for sale$26,693
    2025prepaid expensesMore than one value recorded for this year — open the FDD source before comparing$34,497
    2025total current assets$1,867,612
    2025property, plant, and equipment net of accumulated depreciation$38,272
    2025software costs - net$10,555
    2025operating lease right-of-use asset - net$222,634
    2025other assetsMore than one value recorded for this year — open the FDD source before comparing$26,080
    2025total other assets$259,269
    2025total assets$3,939,819
    2025liabilities and stockholders' equity current liabilities accounts payable$138,460
    2025income taxes payableMore than one value recorded for this year — open the FDD source before comparing$5,177
    2025current maturities of notes payable$60,505
    2025unearned franchise fees - current$80,654
    2025total current liabilities$910,558
    2025unearned franchise fees - less current maturities$164,850
    2025operating lease - net of current maturities$172,727
    2025notes payable - less current maturities$373,234
    2025total liabilities$1,621,369
    2025retained earnings$1,646,777
    2025total stockholders' equity$2,318,450
    2025operating revenues inventory sales$41,102
    2025inventory gross profit$23,083
    2025franchisor revenues royalty fees$3,294,790
    2025franchise fees$60,600
    2025total franchisor revenues$3,658,878
    2025advertising and marketing$86,430
    2025amortization$4,041
    2025computer expense$12,971
    2025contract labor$73,734
    2025depreciation$4,160
    2025electronic payment processing$9,203
    2025employee benefits$241,017
    2025equipment and building leases$101,710
    2025meals and entertainment$4,915
    2025miscellaneous$89,902
    2025national marketing$117,021
    2025professional fees$143,002
    2025repairs and maintenance$14,155
    2025software licenses$132,524
    2025taxes and licenses$3,916
    2025telephone and communications$28,481
    2025travel$164,479
    2025total operating expenses$3,599,908
    2025operating income$82,053
    2025other incomeMore than one value recorded for this year — open the FDD source before comparing$22,279
    2025interest expense-$18,307
    2025other incomeMore than one value recorded for this year — open the FDD source before comparing$73,439
    2025total other income$77,411
    2025income before income taxes$159,464
    2025provision for income taxes$39,977
    2025net income$119,487
    2025depreciation and amortization$8,201
    2025amortization of right-of-use assets$53,197
    2025other assetsMore than one value recorded for this year — open the FDD source before comparing-$13,306
    2025accrued expensesMore than one value recorded for this year — open the FDD source before comparing$52,936
    2025income taxes payableMore than one value recorded for this year — open the FDD source before comparing-$485,023
    2025gift card liabilityMore than one value recorded for this year — open the FDD source before comparing-$42,777
    2025operating lease-$52,503
    2025purchases of equipment-$37,660
    2025net cash provided by investing activities$447,744
    2025net cash used in financing activities-$595,500
    2025net change in cash and cash equivalents-$249,345
    2025supplemental disclosures of cash flow information cash paid for income taxes$525,000
    2025cash paid for interest$18,307
    2025long-term accounts receivable - related party$1,774,666
    2025accrued expensesMore than one value recorded for this year — open the FDD source before comparing$155,604
    2025bad debt expense$21,704
    2025assets current assets cash and cash equivalents$1,082,605
    2025prepaid expensesMore than one value recorded for this year — open the FDD source before comparing-$32,998
    2025current maturities of operating lease$55,953
    2025stockholders' equity common stock$12,163
    2025accounts payable - related partyMore than one value recorded for this year — open the FDD source before comparing$120,685
    2025total liabilities and stockholders' equity$3,939,819
    2025cost of sales$18,019
    2025gift card liabilityMore than one value recorded for this year — open the FDD source before comparing$293,520
    2025paid-in capital$659,510
    2025marketing and accounting$303,488
    2025supplies$30,291
    2025utilities$4,856
    2025dues and subscriptions$153,701
    2025payroll and payroll taxes$2,157,695
    2025accounts payable$27,997
    2025accounts payable - related partyMore than one value recorded for this year — open the FDD source before comparing$120,685
    2025deposits payable-$11,651
    2025purchases of software-$14,596
    2025cash flows from investing activities proceeds and purchase of certificate of deposit$500,000
    2025net cash provided by-$101,589
    2025unearned franchise fees$27,704
    2025payments on long-term obligations-$595,500
    2024bad debt expense$31,846
    2024accounts receivable - related partyMore than one value recorded for this year — open the FDD source before comparing$117,536
    2024inventories$150,543
    2024prepaid expensesMore than one value recorded for this year — open the FDD source before comparing$107,813
    2024accounts receivable - net of allowance$616,589
    2024certificate of deposit$500,000
    2024property, plant, and equipment net of accumulated depreciation$31,465
    2024operating lease right-of-use asset - net$275,831
    2024other assetsMore than one value recorded for this year — open the FDD source before comparing$12,774
    2024total other assets$288,605
    2024long-term accounts receivable - related party$1,923,192
    2024total assets$4,778,464
    2024liabilities and stockholders' equity current liabilities accounts payable$110,463
    2024income taxes payableMore than one value recorded for this year — open the FDD source before comparing$490,200
    2024current maturities of notes payable$97,146
    2024gift card liabilityMore than one value recorded for this year — open the FDD source before comparing$336,297
    2024unearned franchise fees - current$47,400
    2024deposits payableMore than one value recorded for this year — open the FDD source before comparing$11,651
    2024total current liabilities$1,248,328
    2024operating lease - net of current maturities$228,680
    2024notes payable - less current maturities$932,093
    2024stockholders' equity common stock$12,163
    2024paid-in capital$659,510
    2024retained earnings$1,527,290
    2024total stockholders' equity$2,198,963
    2024total liabilities and stockholders' equity$4,778,464
    2024operating revenues inventory sales$1,524,104
    2024cost of sales$1,361,964
    2024inventory gross profit$162,140
    2024franchise fees$57,103
    2024marketing and accounting$669,044
    2024amortization$83,575
    2024dues and subscriptions$90,648
    2024electronic payment processing$31,112
    2024equipment and building leases$45,343
    2024insurance$54,803
    2024national marketing$336,128
    2024payroll and payroll taxes$2,157,687
    2024professional fees$175,290
    2024repairs and maintenance$24,072
    2024software licenses$162,398
    2024supplies$10,247
    2024taxes and licenses$67,618
    2024telephone and communications$30,443
    2024utilities$24,290
    2024total operating expenses$3,925,304
    2024other incomeMore than one value recorded for this year — open the FDD source before comparing$5,760
    2024interest expense-$199,220
    2024contributions-$800
    2024other incomeMore than one value recorded for this year — open the FDD source before comparing$184,581
    2024income before income taxes$1,777,135
    2024provision for income taxes$490,200
    2024depreciation and amortization$159,356
    2024gain on sale of property, plant, and equipmentMore than one value recorded for this year — open the FDD source before comparing-$1,412,678
    2024amortization of right-of-use assets$13,017
    2024other assetsMore than one value recorded for this year — open the FDD source before comparing$2,373
    2024accounts payable-$1,273,099
    2024accrued expensesMore than one value recorded for this year — open the FDD source before comparing$6,314
    2024gift card liabilityMore than one value recorded for this year — open the FDD source before comparing$106,861
    2024unearned franchise fees-$35,800
    2024deposits payableMore than one value recorded for this year — open the FDD source before comparing-$112,638
    2024operating lease-$7,665
    2024net cash provided by$585,640
    2024cash flows from investing activities proceeds and purchase of certificate of deposit-$500,000
    2024purchases of equipment-$31,844
    2024net cash provided by investing activities$3,784,919
    2024cash flows from financing activities payments on line of credit - net-$543,000
    2024payments on long-term obligations-$2,694,095
    2024net cash used in financing activities-$3,237,095
    2024net change in cash and cash equivalents$1,133,464
    2024cash paid for interest$199,220
    2024right-of-use asset obtained in exchange for operating lease liability$288,848
    2024assets current assets cash and cash equivalents$1,331,950
    2024accounts receivable$1,063,672
    2024prepaid expensesMore than one value recorded for this year — open the FDD source before comparing$1,499
    2024accrued expensesMore than one value recorded for this year — open the FDD source before comparing$102,668
    2024accounts receivable - related partyMore than one value recorded for this year — open the FDD source before comparing$85,164
    2024unearned franchise fees - less current maturities$170,400
    2024total current assets$2,535,202
    2024current maturities of operating lease$52,503
    2024total liabilities$2,579,501
    2024franchisor revenues royalty fees$3,411,153
    2024total franchisor revenues$4,137,300
    2024advertising and marketing$81,216
    2024meals and entertainment$11,639
    2024miscellaneous$52,492
    2024employee benefits$245,221
    2024contract labor$68,537
    2024depreciation$75,781
    2024travel$64,918
    2024total other income$1,402,999
    2024gain on sale of property, plant, and equipmentMore than one value recorded for this year — open the FDD source before comparing$1,412,678
    2024operating income$374,136
    2024proceeds from the sale of property, plant, and equipment$4,316,763
    2024accounts receivable recorded for inventory transferred to parent$2,125,892
    2024net income$1,286,935
    2024supplemental disclosures of noncash investing and financing activities cash surrender value of life insurance transferred to former shareholder as reduction of note payable$43,586
    2024income taxes payableMore than one value recorded for this year — open the FDD source before comparing$381,254
    2023accounts receivable$249,289
    2023inventoriesMore than one value recorded for this year — open the FDD source before comparing$438,436
    2023assets current assets cash and cash equivalents$198,486
    2023accounts receivable - net of allowance$1,712,107
    2023inventoriesMore than one value recorded for this year — open the FDD source before comparing$2,276,435
    2023prepaid expensesMore than one value recorded for this year — open the FDD source before comparing$109,312
    2023total current assets$4,296,340
    2023software costs - net$87,328
    2023total other assets$142,308
    2023liabilities and stockholders' equity current liabilities accounts payable$1,383,562
    2023income taxes payableMore than one value recorded for this year — open the FDD source before comparing$108,946
    2023current maturities of notes payable$335,599
    2023line of credit$543,000
    2023gift card liabilityMore than one value recorded for this year — open the FDD source before comparing$229,436
    2023deposits payableMore than one value recorded for this year — open the FDD source before comparing$124,289
    2023unearned franchise fees - less current maturities$198,750
    2023stockholders' equity common stock$12,163
    2023paid-in capital$659,510
    2023total stockholders' equity$912,028
    2023total liabilities and stockholders' equity$7,418,135
    2023operating revenues inventory sales$10,405,586
    2023inventory gross profit$818,319
    2023franchisor revenues royalty fees$3,641,179
    2023franchise fees$57,081
    2023marketing and accounting$727,497
    2023total franchisor revenues$4,425,757
    2023advertising and marketing$10,023
    2023amortization$140,735
    2023contract labor$68,123
    2023dues and subscriptions$53,870
    2023electronic payment processing$63,776
    2023employee benefits$183,808
    2023insurance$193,396
    2023meals and entertainment$9,869
    2023miscellaneous$87,660
    2023national marketing$223,979
    2023payroll and payroll taxes$2,674,276
    2023software licenses$162,068
    2023supplies$32,782
    2023telephone and communications$27,792
    2023travel$50,096
    2023total operating expenses$4,608,994
    2023operating income$635,082
    2023interest expense-$146,617
    2023other incomeMore than one value recorded for this year — open the FDD source before comparing$139,509
    2023total other income-$10,233
    2023income before income taxes$624,849
    2023net income$515,903
    2023depreciation and amortization$248,682
    2023accounts payable-$364,555
    2023accrued expensesMore than one value recorded for this year — open the FDD source before comparing$7,876
    2023income taxes payableMore than one value recorded for this year — open the FDD source before comparing$108,946
    2023gift card liabilityMore than one value recorded for this year — open the FDD source before comparing$77,090
    2023unearned franchise fees$11,925
    2023deposits payableMore than one value recorded for this year — open the FDD source before comparing$44,112
    2023net cash provided by$1,322,950
    2023cash flows from financing activities payments on line of credit - net-$250,867
    2023payments on long-term obligations-$447,822
    2023distributions paid-$608,134
    2023cash and cash equivalents - beginning of year$182,359
    2023cash paid for interest$146,617
    2023cash value of life insuranceMore than one value recorded for this year — open the FDD source before comparing$54,980
    2023accrued expensesMore than one value recorded for this year — open the FDD source before comparing$96,354
    2023property, plant, and equipment net of accumulated depreciation$2,979,487
    2023prepaid expensesMore than one value recorded for this year — open the FDD source before comparing$40,226
    2023total current liabilities$2,876,036
    2023total assets$7,418,135
    2023notes payable - less current maturities$3,431,321
    2023retained earnings$240,355
    2023unearned franchise fees - current$54,850
    2023cost of sales$9,587,267
    2023total liabilities$6,506,107
    2023depreciation$107,947
    2023equipment and building leases$30,795
    2023repairs and maintenance$48,547
    2023taxes and licenses$122,662
    2023utilities$33,606
    2023professional fees$283,184
    2023contributions-$3,188
    2023other incomeMore than one value recorded for this year — open the FDD source before comparing$63
    2023provision for income taxes$108,946
    2023cash value of life insuranceMore than one value recorded for this year — open the FDD source before comparing-$54,980
    2023net cash used in financing activities-$1,306,823
    2023net change in cash and cash equivalents$16,127

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

    SBA-backed loans to franchisees

    Loading…

    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.

    Bricks MinifigsMainstream BoutiqueAbbey Carpet and Floor ShowroomsDSDealer SpecialtiesDo The BeachGFGood Feet

    Head-to-head comparisons

    HobbyTown vs Bricks MinifigsHobbyTown vs Mainstream BoutiqueHobbyTown vs Abbey Carpet and Floor Showrooms
    Compare reviewed facts

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    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. 48 · 2026 FDD

      Our summary: Table 4 Adjusted Advertising & Marketing (2%) — number at/above average

      “Operating Expenses Adjusted Advertising & Marketing (2%) $919,537 $991,328 $1,822,046 $246,897 11 (65%)”

      Note: The extracted Table 4 text repeats the Gross Revenue figures under Adjusted Advertising & Marketing (2%), leaving the row-to-value mapping unresolved (PDF p.48).

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Alarm Expense — Median

      “Alarm Expense $614,975 $658,205 $1,224,899 $151,067 10 (59%)”

      Note: The extracted Table 4 text repeats the Cost of Goods Sold figures under Alarm Expense, leaving the row-to-value mapping unresolved (PDF p.48).

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Adjusted Advertising & Marketing (2%) — High

      “Operating Expenses Adjusted Advertising & Marketing (2%) $919,537 $991,328 $1,822,046 $246,897 11 (65%)”

      Note: The extracted Table 4 text repeats the Gross Revenue figures under Adjusted Advertising & Marketing (2%), leaving the row-to-value mapping unresolved (PDF p.48).

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Alarm Expense — number at/above average

      “Alarm Expense $614,975 $658,205 $1,224,899 $151,067 10 (59%)”

      Note: The extracted Table 4 text repeats the Cost of Goods Sold figures under Alarm Expense, leaving the row-to-value mapping unresolved (PDF p.48).

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Alarm Expense — Low

      “Alarm Expense $614,975 $658,205 $1,224,899 $151,067 10 (59%)”

      Note: The extracted Table 4 text repeats the Cost of Goods Sold figures under Alarm Expense, leaving the row-to-value mapping unresolved (PDF p.48).

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Bad Debt — Median

      “Bad Debt $304,561 $327,015 $597,147 $95,831 2 (12%)”

      Note: Bad Debt row repeats Gross Profit figures; source does not settle the expense values.

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Bank Charges — Median

      “Bank Charges $919,537 $991,328 $1,822,046 $246,897 3 (18%)”

      Note: Bank Charges row repeats Gross Revenue figures; source does not settle the expense values.

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Bank Charges — Average

      “Bank Charges $919,537 $991,328 $1,822,046 $246,897 3 (18%)”

      Note: Bank Charges row repeats Gross Revenue figures; source does not settle the expense values.

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Bank Charges — High

      “Bank Charges $919,537 $991,328 $1,822,046 $246,897 3 (18%)”

      Note: Bank Charges row repeats Gross Revenue figures; source does not settle the expense values.

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Bad Debt — number at/above average

      “Bad Debt $304,561 $327,015 $597,147 $95,831 2 (12%)”

      Note: Bad Debt row repeats Gross Profit figures; source does not settle the expense values.

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Bank Charges — percent at/above average

      “Bank Charges $919,537 $991,328 $1,822,046 $246,897 3 (18%)”

      Note: Bank Charges row repeats Gross Revenue figures; source does not settle the expense values.

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Contract Labor — Average

      “Contract Labor $614,975 $658,205 $1,224,899 $151,067 5 (29%)”

      Note: Contract Labor row repeats COGS figures; source does not settle the expense values.

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Alarm Expense — High

      “Alarm Expense $614,975 $658,205 $1,224,899 $151,067 10 (59%)”

      Note: The extracted Table 4 text repeats the Cost of Goods Sold figures under Alarm Expense, leaving the row-to-value mapping unresolved (PDF p.48).

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Adjusted Advertising & Marketing (2%) — Low

      “Operating Expenses Adjusted Advertising & Marketing (2%) $919,537 $991,328 $1,822,046 $246,897 11 (65%)”

      Note: The extracted Table 4 text repeats the Gross Revenue figures under Adjusted Advertising & Marketing (2%), leaving the row-to-value mapping unresolved (PDF p.48).

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Bad Debt — Low

      “Bad Debt $304,561 $327,015 $597,147 $95,831 2 (12%)”

      Note: Bad Debt row repeats Gross Profit figures; source does not settle the expense values.

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Bank Charges — number at/above average

      “Bank Charges $919,537 $991,328 $1,822,046 $246,897 3 (18%)”

      Note: Bank Charges row repeats Gross Revenue figures; source does not settle the expense values.

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Bad Debt — Average

      “Bad Debt $304,561 $327,015 $597,147 $95,831 2 (12%)”

      Note: The extracted Table 4 text repeats Gross Profit figures under Bad Debt, leaving the row-to-value mapping unresolved (PDF p.48).

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Alarm Expense — Average

      “Alarm Expense $614,975 $658,205 $1,224,899 $151,067 10 (59%)”

      Note: The extracted Table 4 text repeats the Cost of Goods Sold figures under Alarm Expense, leaving the row-to-value mapping unresolved (PDF p.48).

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Adjusted Advertising & Marketing (2%) — percent at/above average

      “Operating Expenses Adjusted Advertising & Marketing (2%) $919,537 $991,328 $1,822,046 $246,897 11 (65%)”

      Note: The extracted Table 4 text repeats the Gross Revenue figures under Adjusted Advertising & Marketing (2%), leaving the row-to-value mapping unresolved (PDF p.48).

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Bad Debt — High

      “Bad Debt $304,561 $327,015 $597,147 $95,831 2 (12%)”

      Note: Bad Debt row repeats Gross Profit figures; source does not settle the expense values.

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Bank Charges — Low

      “Bank Charges $919,537 $991,328 $1,822,046 $246,897 3 (18%)”

      Note: Bank Charges row repeats Gross Revenue figures; source does not settle the expense values.

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Bad Debt — percent at/above average

      “Bad Debt $304,561 $327,015 $597,147 $95,831 2 (12%)”

      Note: Bad Debt row repeats Gross Profit figures; source does not settle the expense values.

    • Item 19 · PDF p. 48 · 2026 FDD

      Our summary: Table 4 Alarm Expense — percent at/above average

      “Alarm Expense $614,975 $658,205 $1,224,899 $151,067 10 (59%)”

      Note: The extracted Table 4 text repeats the Cost of Goods Sold figures under Alarm Expense, leaving the row-to-value mapping unresolved (PDF p.48).

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