Franopolis

    Hungry Howie’s Pizza

    Franchise research report · reviewed 2022 disclosure data

    Researching Hungry Howie’s Pizza franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources
    Franchising since
    1983
    Source: franchise.org
    Headquarters
    Madison Heights, MI United States
    Source: franchise.org

    Hungry Howie’s® is the best kept secret in pizza, with over 50 years of experience. We are part of a $46 billion category and ranked among the top 10 pizza chains in the country.

    Headline figures

    Hungry Howie’s Pizza quick facts

    Is Hungry Howie’s Pizza a franchise?
    Yes. Hungry Howie’s Pizza offers franchises through a Franchise Disclosure Document. At the end of 2021, it reported 501 franchised and 33 company-owned outlets (2022 FDD, Item 20, PDF p. 75).
    How much does it cost to open a Hungry Howie’s Pizza franchise?
    The Hungry Howie’s Pizza Franchise Disclosure Document reports separate estimated initial investments by format: $319,100–$520,264 for total initial investment, low estimate (2022 FDD, Item 7, PDF p. 1); $520,264 for total initial investment, high estimate (2022 FDD, Item 7, PDF p. 1). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    What is the Hungry Howie’s Pizza initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $25,000 (2022 FDD, Item 5, PDF p. 12). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does Hungry Howie’s Pizza charge?
    The disclosed ongoing royalty is 5.5% (2022 FDD, Item 6, PDF p. 14). The brand or advertising fund contribution is 7% (2022 FDD, Item 6, PDF p. 14). Other recurring fees are listed in Item 6. Details
    Does Hungry Howie’s Pizza disclose financial performance (Item 19)?
    Yes. The Hungry Howie’s Pizza FDD includes an Item 19 financial performance representation (2022 FDD, Item 19, PDF p. 56). Figures apply only to the locations and period each one covers. Details
    How many Hungry Howie’s Pizza locations are there?
    The FDD reports 534 outlets at the end of 2021 (2022 FDD, Item 20, PDF p. 75). Existing locations do not indicate territory availability. Details
    Is Hungry Howie’s Pizza a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

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

    What the disclosures show

    1. 1The 2022 FDD (Item 7) estimates opening costs separately by format: $319,100 – $520,264 (Total initial investment, low estimate); $520,264 (Total initial investment, high estimate); several initial fee options apply.
    2. 2Item 19 covers 68 separate groups: revenue for 315 locations; revenue for 282 locations; revenue for 33 locations; revenue for 148 locations; revenue for 134 locations; revenue for 11 locations; revenue for 23 locations; revenue for 23 locations; revenue for 10 locations; revenue for 189 locations; revenue for 22 locations; revenue for 11 locations; revenue for 6 locations; revenue for 8 locations; revenue for 6 locations; revenue for 308 locations; revenue for 276 locations; revenue for 32 locations; revenue for 141 locations; revenue for 135 locations; revenue for 11 locations; revenue for 23 locations; revenue for 10 locations; revenue for 6 locations; revenue for 179 locations; revenue for 6 locations; revenue for 70 locations; revenue for 141 locations; revenue for 212 locations; revenue for 212 locations; revenue for 282 locations; revenue for 8 locations; revenue for 8 locations; revenue for 16 locations; revenue for 16 locations; revenue for 25 locations; revenue for 25 locations; revenue for 207 locations; revenue for 276 locations; revenue for 8 locations; revenue for 8 locations; revenue for 16 locations; revenue for 16 locations; revenue for 24 locations; revenue for 24 locations; revenue for 32 locations; other measures for 282 locations; other measures for 33 locations; other measures for 276 locations; other measures for 32 locations; revenue for 282 locations; revenue for 134 locations; revenue for 6 locations; revenue for 179 locations; revenue for 8 locations; revenue for 70 locations; revenue for 12 locations; revenue for 6 locations; revenue for 24 locations; revenue for 141 locations; revenue for 69 locations; revenue for 33 locations; revenue for 69 locations; revenue for 138 locations; revenue for 138 locations; revenue for 207 locations; other measures for 308 locations; other measures for 315 locations. They are not combined.
    3. 3Outlets grew by 3 in 2021, to 534 (Systemwide, as labeled in the FDD, Item 20).

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

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Range across 2 single-unit formats

    2022 FDD · Item 7

    Formats disclosed in Item 7 (2)

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

    • Total initial investment, low estimatePDF p. 1$319,100 – $520,264
    • Total initial investment, high estimatePDF p. 1$520,264

    Standard single-unit franchise fee

    2022 FDD · Item 5 · PDF p. 12
    Discounted and multi-unit options are separate; see all fees.

    Ongoing Fees — Item 6

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

    Royalty feeMain ongoing fee

    30 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?

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

    Locations counted: not stated in the reviewed record

    Revenue · 315 locations

    Who is counted
    All Units for the 52 weeks ended December 26, 2021
    Period
    All Units
    Excluded
    Florida units and legacy units were excluded; Chart 1A also excludes units not open for the entire fiscal year and units closed more than 10 days due to a force majeure event. All Units includes Franchised Units and Affiliated Units.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 282 locations

    Who is counted
    Franchised Units for the 52 weeks ended December 26, 2021
    Period
    Franchised Units
    Excluded
    Florida units, Affiliated Units, units that opened or closed during the fiscal year, and legacy units were excluded.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 33 locations

    Who is counted
    Affiliated Units (Broadcast), 52 weeks ended December 26, 2021
    Period
    Affiliated Units (Broadcast)
    Excluded
    The filing defines Affiliated Units as units open and reporting for the entire fiscal year and owned or controlled by a director, officer, parent, or affiliate; it says these units are located in Michigan.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 148 locations

    Who is counted
    Franchised Units (Broadcast), 52 weeks ended December 26, 2021
    Period
    Franchised Units (Broadcast)
    Excluded
    Excluded 203 Florida units, 32 Affiliated Units, 21 units that opened or closed during the fiscal year, 4 legacy units, 142 Non-Broadcast Franchise Units, and 6 units closed more than ten consecutive days due to a force majeure event.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 134 locations

    Who is counted
    Franchised Units (Non-Broadcast), 52 weeks ended December 26, 2021
    Period
    Franchised Units (Non - Broadcast)
    Excluded
    Excluded 203 Florida units, 33 Affiliated Units, 15 units that opened or closed during the fiscal year, 4 legacy units, and 148 Broadcast Franchise Units.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 11 locations

    Who is counted
    Alabama state-specific row, 52 weeks ended December 26, 2021
    Period
    Alabama
    Excluded
    Chart 1A excludes Florida units and legacy units, units not open for the entire fiscal year, and units closed more than ten days due to a force majeure event. States with fewer than five units are omitted from state-specific rows.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 23 locations

    Who is counted
    Arizona state-specific row, 52 weeks ended December 26, 2021
    Period
    Arizona
    Excluded
    Chart 1A excludes Florida units and legacy units, units not open for the entire fiscal year, and units closed more than ten days due to a force majeure event. States with fewer than five units are omitted from state-specific rows.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 23 locations

    Who is counted
    Arizona state-specific cohort for the 52 weeks ended December 26, 2021
    Period
    Arizona
    Excluded
    Florida units and legacy units are excluded; units must have been open for the entire fiscal year, and Chart 1A excludes units closed more than ten days due to a force majeure event. State-specific rows with fewer than five units are omitted.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 10 locations

    Who is counted
    California state-specific cohort for the 52 weeks ended December 26, 2021
    Period
    California
    Excluded
    Florida units and legacy units are excluded; units must have been open for the entire fiscal year, and Chart 1A excludes units closed more than ten days due to a force majeure event. State-specific rows with fewer than five units are omitted.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 189 locations

    Who is counted
    Michigan state-specific cohort for the 52 weeks ended December 26, 2021
    Period
    Michigan
    Excluded
    Florida units and legacy units are excluded; units must have been open for the entire fiscal year, and Chart 1A excludes units closed more than ten days due to a force majeure event. State-specific rows with fewer than five units are omitted.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 22 locations

    Who is counted
    North Carolina state-specific cohort for the 52 weeks ended December 26, 2021
    Period
    North Carolina
    Excluded
    Florida units and legacy units are excluded; units must have been open for the entire fiscal year, and Chart 1A excludes units closed more than ten days due to a force majeure event. State-specific rows with fewer than five units are omitted.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 11 locations

    Who is counted
    Ohio state-specific cohort for the 52 weeks ended December 26, 2021
    Period
    Ohio
    Excluded
    Florida units and legacy units are excluded; units must have been open for the entire fiscal year, and Chart 1A excludes units closed more than ten days due to a force majeure event. State-specific rows with fewer than five units are omitted.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 6 locations

    Who is counted
    South Carolina state-specific cohort for the 52 weeks ended December 26, 2021
    Period
    South Carolina
    Excluded
    Florida units and legacy units are excluded; units must have been open for the entire fiscal year, and Chart 1A excludes units closed more than ten days due to a force majeure event. State-specific rows with fewer than five units are omitted.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 8 locations

    Who is counted
    Texas state-specific cohort for the 52 weeks ended December 26, 2021
    Period
    Texas
    Excluded
    Florida units and legacy units are excluded; units must have been open for the entire fiscal year, and Chart 1A excludes units closed more than ten days due to a force majeure event. State-specific rows with fewer than five units are omitted.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 6 locations

    Who is counted
    Utah state-specific cohort for the 52 weeks ended December 26, 2021
    Period
    Utah
    Excluded
    Florida units and legacy units are excluded; units must have been open for the entire fiscal year, and Chart 1A excludes units closed more than ten days due to a force majeure event. State-specific rows with fewer than five units are omitted.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 308 locations

    Who is counted
    All Units, 52 weeks ended December 27, 2020
    Period
    All Units
    Excluded
    Florida units and legacy units were excluded; franchised units were required to be open and reporting for the entire fiscal year, excluding units that opened or closed during the year and units closed more than ten consecutive days due to a force majeure event. All Units means Franchised Units and Affiliated Units.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 276 locations

    Who is counted
    Franchised Units, 52 weeks ended December 27, 2020
    Period
    Franchised Units
    Excluded
    Excluded 203 Florida units, 32 Affiliated Units, 21 units that opened or closed during the fiscal year, 4 legacy units, and 6 units closed more than ten consecutive days due to a force majeure event.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 32 locations

    Who is counted
    Affiliated Units (Broadcast), 52 weeks ended December 27, 2020
    Period
    Affiliated Units (Broadcast)
    Excluded
    The filing defines Affiliated Units as units open and reporting sales for the entire fiscal year and owned or controlled by a director, officer, parent, or affiliate; it states these units are located in Michigan.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 141 locations

    Who is counted
    Franchised Units (Broadcast), 52 weeks ended December 27, 2020
    Period
    Franchised Units (Broadcast)
    Excluded
    Excluded 203 Florida units, 32 Affiliated Units, 21 units that opened or closed during the fiscal year, 4 legacy units, 142 Non-Broadcast Franchise Units, and 6 units closed more than ten consecutive days due to a force majeure event.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 135 locations

    Who is counted
    Franchised Units (Non - Broadcast), 52 weeks ended December 27, 2020
    Period
    Franchised Units (Non - Broadcast)
    Excluded
    Excluded 203 Florida units, 32 Affiliated Units, 21 units that opened or closed during the fiscal year, 4 legacy units, 148 Broadcast Franchise Units, and 6 units closed more than ten consecutive days due to a force majeure event.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 11 locations

    Who is counted
    Alabama state row, 52 weeks ended December 27, 2020
    Period
    Alabama
    Excluded
    Florida and legacy units excluded; units must have been open and reporting for the entire fiscal year, and units closed more than ten consecutive days due to a force majeure event were excluded. States with fewer than five units are omitted from state-specific rows.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 23 locations

    Who is counted
    Arizona state row, 52 weeks ended December 27, 2020
    Period
    Arizona
    Excluded
    Florida and legacy units excluded; units must have been open and reporting for the entire fiscal year, and units closed more than ten consecutive days due to a force majeure event were excluded. States with fewer than five units are omitted from state-specific rows.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 10 locations

    Who is counted
    California state row, 52 weeks ended December 27, 2020
    Period
    California
    Excluded
    Florida units and legacy units were excluded; franchised units had to be open and reporting for the entire fiscal year, with units that opened or closed during the year and units closed more than ten consecutive days due to a force majeure event excluded. State-specific rows with fewer than five units are omitted.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 6 locations

    Who is counted
    Indiana state row, 52 weeks ended December 27, 2020
    Period
    Indiana
    Excluded
    Florida units and legacy units were excluded; franchised units had to be open and reporting for the entire fiscal year, with units that opened or closed during the year and units closed more than ten consecutive days due to a force majeure event excluded. State-specific rows with fewer than five units are omitted.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 179 locations

    Who is counted
    Hungry Howie's units reported in Michigan in Chart 1B
    Period
    Michigan
    Excluded
    Florida units are excluded; state-specific line items are shown only for states with at least five units. Chart-specific exclusions are listed in Item 19 footnotes on PDF p.59.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 6 locations

    Who is counted
    Hungry Howie's units reported in Utah in Chart 1B
    Period
    Utah
    Excluded
    Florida units excluded. Chart-specific exclusions are described in Item 19 footnotes on PDF p.59; state-specific rows are shown only for states with at least five units.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 70 locations

    Who is counted
    Top 25% of Franchised Units, 2021
    Period
    Top 25% of Franchised Units
    Excluded
    Franchised Units exclude 203 Florida units, 33 Affiliated Units, 15 units that opened or closed during the fiscal year, and 4 legacy units that do not report sales.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 141 locations

    Who is counted
    Bottom 50% of Franchised Units, 2021
    Period
    Bottom 50% of Franchised Units
    Excluded
    Franchised Units exclude 203 Florida units, 33 Affiliated Units, 15 units that opened or closed during the fiscal year, and 4 legacy units that are not obligated to and do not report sales.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 212 locations

    Who is counted
    Top 75% of Franchised Units, 2021
    Period
    Top 75% of Franchised Units
    Excluded
    Franchised Units exclude 203 Florida units, 33 Affiliated Units, 15 units that opened or closed during the fiscal year, and 4 legacy units that are not obligated to and do not report sales.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 212 locations

    Who is counted
    Bottom 75% of Franchised Units, 2021
    Period
    Bottom 75% of Franchised Units
    Excluded
    Franchised Units exclude 203 Florida units, 33 Affiliated Units, 15 units that opened or closed during the fiscal year, and 4 legacy units that are not obligated to and do not report sales.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 282 locations

    Who is counted
    Total Franchised Units, 2021
    Period
    Total Franchised Units
    Excluded
    Excludes 203 Florida units, 33 Affiliated Units, 15 Hungry Howie's Units that opened or closed during the fiscal year, and 4 legacy units that are not obligated to and do not report sales.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 8 locations

    Who is counted
    Top 25% of Affiliated Units, 2021
    Period
    Top 25% of Affiliated Units
    Excluded
    The filing defines Affiliated Units as units open and reporting sales for the entire fiscal year and owned or controlled by a director, officer, parent, or affiliate; all are located in Michigan. No additional exclusions for the quartile rows are stated.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 8 locations

    Who is counted
    Bottom 25% of Affiliated Units, 2021
    Period
    Bottom 25% of Affiliated Units
    Excluded
    Affiliated Units were open and reporting sales for the entire fiscal year and owned or controlled by a director, officer, parent, or affiliate; all were located in Michigan. No additional exclusions for these quartile rows are stated.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 16 locations

    Who is counted
    Top 50% of Affiliated Units, 2021
    Period
    Top 50% of Affiliated Units
    Excluded
    Affiliated Units were open and reporting sales for the entire fiscal year and owned or controlled by a director, officer, parent, or affiliate; all were located in Michigan. No additional exclusions for these quartile rows are stated.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 16 locations

    Who is counted
    Bottom 50% of Affiliated Units, 2021
    Period
    Bottom 50% of Affiliated Units
    Excluded
    Affiliated Units were open and reporting sales for the entire fiscal year and owned or controlled by a director, officer, parent, or affiliate; all were located in Michigan. No additional exclusions for these quartile rows are stated.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 25 locations

    Who is counted
    Top 75% of Affiliated Units, 2021
    Period
    Top 75% of Affiliated Units
    Excluded
    Affiliated Units were open and reporting sales for the entire fiscal year and owned or controlled by a director, officer, parent, or affiliate; all were located in Michigan. No additional exclusions for these groups are stated.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 25 locations

    Who is counted
    Bottom 75% of Affiliated Units, 2021
    Period
    Bottom 75% of Affiliated Units
    Excluded
    Affiliated Units were open and reporting sales for the entire fiscal year and owned or controlled by a director, officer, parent, or affiliate; all were located in Michigan. No additional exclusions for these groups are stated.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 207 locations

    Who is counted
    Top 75% of Franchised Units, 2020
    Period
    Top 75% of Franchised Units
    Excluded
    Franchised Units exclude 203 Florida units, 32 Affiliated Units, 21 units that opened or closed during the fiscal year, 4 legacy units that do not report sales, and 6 units closed for more than 10 consecutive days due to a force majeure event.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 276 locations

    Who is counted
    Total Franchised Units, 2020
    Period
    Total Franchised Units
    Excluded
    Franchised Units exclude 203 Florida units, 32 Affiliated Units, 21 units that opened or closed during the fiscal year, 4 legacy units that do not report sales, and 6 units closed for more than 10 consecutive days due to a force majeure event.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 8 locations

    Who is counted
    Top 25% of Affiliated Units, 2020
    Period
    Top 25% of Affiliated Units
    Excluded
    Affiliated Units were open and reporting sales for the entire fiscal year and owned or controlled by a director, officer, parent, or affiliate; all were located in Michigan. No additional exclusions for these quartile rows are stated.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 8 locations

    Who is counted
    Bottom 25% of Affiliated Units, 2020
    Period
    Bottom 25% of Affiliated Units
    Excluded
    Affiliated Units were open and reporting sales for the entire fiscal year and owned or controlled by a director, officer, parent, or affiliate; all were located in Michigan. No additional exclusions for these quartile rows are stated.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 16 locations

    Who is counted
    Top 50% of Affiliated Units, 2020
    Period
    Top 50% of Affiliated Units
    Excluded
    Affiliated Units were open and reporting sales for the entire fiscal year and owned or controlled by a director, officer, parent, or affiliate; all were located in Michigan. No additional exclusions for these quartile rows are stated.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 16 locations

    Who is counted
    Bottom 50% of Affiliated Units, 2020
    Period
    Bottom 50% of Affiliated Units
    Excluded
    Affiliated Units were open and reporting sales for the entire fiscal year and owned or controlled by a director, officer, parent, or affiliate; all were located in Michigan. No additional exclusions for these quartile rows are stated.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 24 locations

    Who is counted
    Top 75% of Affiliated Units, 2020
    Period
    Top 75% of Affiliated Units
    Excluded
    Affiliated Units were open and reporting sales for the entire fiscal year and owned or controlled by a director, officer, parent, or affiliate; all were located in Michigan. No additional exclusions for these quartile rows are stated.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 24 locations

    Who is counted
    Bottom 75% of Affiliated Units, 2020
    Period
    Bottom 75% of Affiliated Units
    Excluded
    Affiliated Units were open and reporting sales for the entire fiscal year and owned or controlled by a director, officer, parent, or affiliate; all were located in Michigan. No additional exclusions for these rows are stated.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 32 locations

    Who is counted
    Total Affiliated Units, 2020
    Period
    Total Affiliated Units
    Excluded
    Affiliated Units were open and reporting sales for the entire fiscal year and owned or controlled by a director, officer, parent, or affiliate; all were located in Michigan. No additional exclusions for these rows are stated.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Other measures · 282 locations

    Who is counted
    Franchised Units reported in Chart 3, 2021
    Period
    2021
    Excluded
    For 2021, Franchised Units exclude 203 Florida units, 33 Affiliated Units, 15 units that opened or closed, and 4 legacy units.
    Method
    Chart 3 count table

    Locations counted: not stated in the reviewed record

    Other measures · 33 locations

    Who is counted
    Affiliated Units reported in Chart 3, 2021
    Period
    2021
    Excluded
    Affiliated Units were open and reporting sales for the entire fiscal year and owned or controlled by a director, officer, parent, or affiliate; all were located in Michigan.
    Method
    Chart 3 count table

    Locations counted: not stated in the reviewed record

    Other measures · 276 locations

    Who is counted
    Franchised Units reported in Chart 3, 2020
    Period
    2020
    Excluded
    For 2020, Franchised Units exclude 203 Florida units, 32 Affiliated Units, 21 units that opened or closed, 6 units closed for more than ten consecutive days due to force majeure, and 4 legacy units.
    Method
    Chart 3 count table

    Locations counted: not stated in the reviewed record

    Other measures · 32 locations

    Who is counted
    Affiliated Units reported in Chart 3, 2020
    Period
    2020
    Excluded
    Affiliated Units were open and reporting sales for the entire fiscal year and owned or controlled by a director, officer, parent, or affiliate; all were located in Michigan.
    Method
    Chart 3 count table

    Locations counted: not stated in the reviewed record

    Revenue · 282 locations

    Who is counted
    Franchised Units, 52 weeks ended December 26, 2021
    Period
    Franchised Units
    Excluded
    Florida units, 33 Affiliated Units, 15 units opened or closed during the fiscal year, and 4 legacy units were excluded.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 134 locations

    Who is counted
    Franchised Units (Non - Broadcast), 52 weeks ended December 26, 2021
    Period
    Franchised Units (Non - Broadcast)
    Excluded
    Excluded 203 Florida units, 33 Affiliated Units, 15 units that opened or closed during the fiscal year, 4 legacy units, and 148 Broadcast Franchise Units.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 6 locations

    Who is counted
    Indiana state-specific cohort for the 52 weeks ended December 26, 2021
    Period
    Indiana
    Excluded
    Florida units and legacy units are excluded; units must have been open for the entire fiscal year, and Chart 1A excludes units closed more than ten days due to a force majeure event. State-specific rows with fewer than five units are omitted.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 179 locations

    Who is counted
    Michigan state row, 52 weeks ended December 27, 2020
    Period
    Michigan
    Excluded
    Florida units and legacy units were excluded; franchised units had to be open and reporting for the entire fiscal year, with units that opened or closed during the year and units closed more than ten consecutive days due to a force majeure event excluded. State-specific rows with fewer than five units are omitted.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 8 locations

    Who is counted
    Hungry Howie's units reported in Texas in Chart 1B
    Period
    Texas
    Excluded
    Florida units excluded. Chart-specific exclusions are described in Item 19 footnotes on PDF p.59; state-specific rows are shown only for states with at least five units.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 70 locations

    Who is counted
    Bottom 25% of Franchised Units, 2021
    Period
    Bottom 25% of Franchised Units
    Excluded
    Franchised Units exclude 203 Florida units, 33 Affiliated Units, 15 units that opened or closed during the fiscal year, and 4 legacy units that are not obligated to and do not report sales.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 12 locations

    Who is counted
    Hungry Howie's units reported in Ohio in Chart 1B
    Period
    Ohio
    Excluded
    Florida units are excluded; state-specific line items are shown only for states with at least five units. Chart-specific exclusions are listed in Item 19 footnotes on PDF p.59.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 6 locations

    Who is counted
    Hungry Howie's units reported in South Carolina in Chart 1B
    Period
    South Carolina
    Excluded
    Florida units are excluded; state-specific line items are shown only for states with at least five units. Chart-specific exclusions are listed in Item 19 footnotes on PDF p.59.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 24 locations

    Who is counted
    Hungry Howie's units reported in North Carolina in Chart 1B
    Period
    North Carolina
    Excluded
    Florida units are excluded; state-specific line items are shown only for states with at least five units. Chart-specific exclusions are listed in Item 19 footnotes on PDF p.59.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 141 locations

    Who is counted
    Top 50% of Franchised Units, 2021
    Period
    Top 50% of Franchised Units
    Excluded
    Franchised Units exclude 203 Florida units, 33 Affiliated Units, 15 units that opened or closed during the fiscal year, and 4 legacy units that are not obligated to and do not report sales.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 69 locations

    Who is counted
    Top 25% of Franchised Units, 2020
    Period
    Top 25% of Franchised Units
    Excluded
    Franchised Units exclude 203 Florida units, 32 Affiliated Units, 21 units that opened or closed during the fiscal year, 4 legacy units that do not report sales, and 6 units closed for more than 10 consecutive days due to a force majeure event.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 33 locations

    Who is counted
    Total Affiliated Units, 2021
    Period
    Total Affiliated Units
    Excluded
    Affiliated Units were open and reporting sales for the entire fiscal year and owned or controlled by a director, officer, parent, or affiliate; all were located in Michigan. No additional exclusions for the total row are stated.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 69 locations

    Who is counted
    Bottom 25% of Franchised Units, 2020
    Period
    Bottom 25% of Franchised Units
    Excluded
    Franchised Units exclude 203 Florida units, 32 Affiliated Units, 21 units that opened or closed during the fiscal year, 4 legacy units that do not report sales, and 6 units closed for more than 10 consecutive days due to a force majeure event.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 138 locations

    Who is counted
    Top 50% of Franchised Units, 2020
    Period
    Top 50% of Franchised Units
    Excluded
    Franchised Units exclude 203 Florida units, 32 Affiliated Units, 21 units that opened or closed during the fiscal year, 4 legacy units that do not report sales, and 6 units closed for more than 10 consecutive days due to a force majeure event.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 138 locations

    Who is counted
    Bottom 50% of Franchised Units, 2020
    Period
    Bottom 50% of Franchised Units
    Excluded
    Franchised Units exclude 203 Florida units, 32 Affiliated Units, 21 units that opened or closed during the fiscal year, 4 legacy units that do not report sales, and 6 units closed for more than 10 consecutive days due to a force majeure event.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Revenue · 207 locations

    Who is counted
    Bottom 75% of Franchised Units, 2020
    Period
    Bottom 75% of Franchised Units
    Excluded
    Franchised Units exclude 203 Florida units, 32 Affiliated Units, 21 units that opened or closed during the fiscal year, 4 legacy units that do not report sales, and 6 units closed for more than 10 consecutive days due to a force majeure event.
    Method
    Data obtained from POS systems at individual units; not independently audited.

    Locations counted: not stated in the reviewed record

    Other measures · 308 locations

    Who is counted
    All Units reported in Chart 3, as defined by the filing
    Period
    2020
    Excluded
    Chart 3 footnotes define All Units as the sum of Franchised Units and Affiliated Units. For 2020, Franchised Units exclude 203 Florida units, 32 Affiliated Units, 21 units opened or closed, 6 units closed more than ten consecutive days due to force majeure, and 4 legacy units. For 2021, Franchised Units exclude 203 Florida units, 33 Affiliated Units, 15 units opened or closed, and 4 legacy units.
    Method
    Chart 3 count table

    Locations counted: not stated in the reviewed record

    Other measures · 315 locations

    Who is counted
    All Units reported in Chart 3, as defined by the filing
    Period
    2021
    Excluded
    Chart 3 footnotes define All Units as the sum of Franchised Units and Affiliated Units. For 2020, Franchised Units exclude 203 Florida units, 32 Affiliated Units, 21 units opened or closed, 6 units closed more than ten consecutive days due to force majeure, and 4 legacy units. For 2021, Franchised Units exclude 203 Florida units, 33 Affiliated Units, 15 units opened or closed, and 4 legacy units.
    Method
    Chart 3 count table

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    Systemwide, as labeled in the FDD · counts as of December 31 of each year.

    2022 FDD · Item 20 · PDF p. 75

    Net −3 outlets, 2019–2021

    0537201953120205342021−6+3

    Year-end counts reported in Item 20. The scale starts at zero, so the line looks nearly flat; the labels between the dots show each year's change. Openings and closures for 2021 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 2022 Item 7 estimate ($319,100 – $520,264) vary most by market, and why?

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

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

    • Reported units went from 531 to 534 in 2021. How many new units opened, closed or changed hands?

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

    For current and former owners

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

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

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

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

    For your advisors

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

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

    Sources & vintage history

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

    Citations (2022 FDD)

    1. [1]Standard initial franchise fee — Item 5 · PDF p. 12
    2. [2]Item 19 — Locations counted not stated in the reviewed record — All Units for the 52 weeks ended December 26, 2021 · PDF p. 56
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Franchised Units for the 52 weeks ended December 26, 2021 · PDF p. 56
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Affiliated Units (Broadcast), 52 weeks ended December 26, 2021 · PDF p. 56
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Franchised Units (Broadcast), 52 weeks ended December 26, 2021 · PDF p. 56
    6. [6]Item 19 — Locations counted not stated in the reviewed record — Franchised Units (Non-Broadcast), 52 weeks ended December 26, 2021 · PDF p. 56
    7. [7]Item 19 — Locations counted not stated in the reviewed record — Alabama state-specific row, 52 weeks ended December 26, 2021 · PDF p. 56
    8. [8]Item 19 — Locations counted not stated in the reviewed record — Arizona state-specific row, 52 weeks ended December 26, 2021 · PDF p. 56
    9. [9]Item 19 — Locations counted not stated in the reviewed record — Arizona state-specific cohort for the 52 weeks ended December 26, 2021 · PDF p. 56
    10. [10]Item 19 — Locations counted not stated in the reviewed record — California state-specific cohort for the 52 weeks ended December 26, 2021 · PDF p. 56
    11. [11]Item 19 — Locations counted not stated in the reviewed record — Michigan state-specific cohort for the 52 weeks ended December 26, 2021 · PDF p. 56
    12. [12]Item 19 — Locations counted not stated in the reviewed record — North Carolina state-specific cohort for the 52 weeks ended December 26, 2021 · PDF p. 56
    13. [13]Item 19 — Locations counted not stated in the reviewed record — Ohio state-specific cohort for the 52 weeks ended December 26, 2021 · PDF p. 56
    14. [14]Item 19 — Locations counted not stated in the reviewed record — South Carolina state-specific cohort for the 52 weeks ended December 26, 2021 · PDF p. 56
    15. [15]Item 19 — Locations counted not stated in the reviewed record — Texas state-specific cohort for the 52 weeks ended December 26, 2021 · PDF p. 56
    16. [16]Item 19 — Locations counted not stated in the reviewed record — Utah state-specific cohort for the 52 weeks ended December 26, 2021 · PDF p. 56
    17. [17]Item 19 — Locations counted not stated in the reviewed record — All Units, 52 weeks ended December 27, 2020 · PDF p. 58
    18. [18]Item 19 — Locations counted not stated in the reviewed record — Franchised Units, 52 weeks ended December 27, 2020 · PDF p. 58
    19. [19]Item 19 — Locations counted not stated in the reviewed record — Affiliated Units (Broadcast), 52 weeks ended December 27, 2020 · PDF p. 58
    20. [20]Item 19 — Locations counted not stated in the reviewed record — Franchised Units (Broadcast), 52 weeks ended December 27, 2020 · PDF p. 58
    21. [21]Item 19 — Locations counted not stated in the reviewed record — Franchised Units (Non - Broadcast), 52 weeks ended December 27, 2020 · PDF p. 58
    22. [22]Item 19 — Locations counted not stated in the reviewed record — Alabama state row, 52 weeks ended December 27, 2020 · PDF p. 58
    23. [23]Item 19 — Locations counted not stated in the reviewed record — Arizona state row, 52 weeks ended December 27, 2020 · PDF p. 58
    24. [24]Item 19 — Locations counted not stated in the reviewed record — California state row, 52 weeks ended December 27, 2020 · PDF p. 58
    25. [25]Item 19 — Locations counted not stated in the reviewed record — Indiana state row, 52 weeks ended December 27, 2020 · PDF p. 58
    26. [26]Item 19 — Locations counted not stated in the reviewed record — Hungry Howie's units reported in Michigan in Chart 1B · PDF p. 58
    27. [27]Item 19 — Locations counted not stated in the reviewed record — Hungry Howie's units reported in Utah in Chart 1B · PDF p. 58
    28. [28]Item 19 — Locations counted not stated in the reviewed record — Top 25% of Franchised Units, 2021 · PDF p. 61
    29. [29]Item 19 — Locations counted not stated in the reviewed record — Bottom 50% of Franchised Units, 2021 · PDF p. 61
    30. [30]Item 19 — Locations counted not stated in the reviewed record — Top 75% of Franchised Units, 2021 · PDF p. 61
    31. [31]Item 19 — Locations counted not stated in the reviewed record — Bottom 75% of Franchised Units, 2021 · PDF p. 61
    32. [32]Item 19 — Locations counted not stated in the reviewed record — Total Franchised Units, 2021 · PDF p. 61
    33. [33]Item 19 — Locations counted not stated in the reviewed record — Top 25% of Affiliated Units, 2021 · PDF p. 61
    34. [34]Item 19 — Locations counted not stated in the reviewed record — Bottom 25% of Affiliated Units, 2021 · PDF p. 62; PDF p. 61
    35. [35]Item 19 — Locations counted not stated in the reviewed record — Top 50% of Affiliated Units, 2021 · PDF p. 62
    36. [36]Item 19 — Locations counted not stated in the reviewed record — Bottom 50% of Affiliated Units, 2021 · PDF p. 62
    37. [37]Item 19 — Locations counted not stated in the reviewed record — Top 75% of Affiliated Units, 2021 · PDF p. 62
    38. [38]Item 19 — Locations counted not stated in the reviewed record — Bottom 75% of Affiliated Units, 2021 · PDF p. 62
    39. [39]Item 19 — Locations counted not stated in the reviewed record — Top 75% of Franchised Units, 2020 · PDF p. 64
    40. [40]Item 19 — Locations counted not stated in the reviewed record — Total Franchised Units, 2020 · PDF p. 64
    41. [41]Item 19 — Locations counted not stated in the reviewed record — Top 25% of Affiliated Units, 2020 · PDF p. 64
    42. [42]Item 19 — Locations counted not stated in the reviewed record — Bottom 25% of Affiliated Units, 2020 · PDF p. 65
    43. [43]Item 19 — Locations counted not stated in the reviewed record — Top 50% of Affiliated Units, 2020 · PDF p. 65
    44. [44]Item 19 — Locations counted not stated in the reviewed record — Bottom 50% of Affiliated Units, 2020 · PDF p. 65
    45. [45]Item 19 — Locations counted not stated in the reviewed record — Top 75% of Affiliated Units, 2020 · PDF p. 65
    46. [46]Item 19 — Locations counted not stated in the reviewed record — Bottom 75% of Affiliated Units, 2020 · PDF p. 65
    47. [47]Item 19 — Locations counted not stated in the reviewed record — Total Affiliated Units, 2020 · PDF p. 65
    48. [48]Item 19 — Locations counted not stated in the reviewed record — Franchised Units reported in Chart 3, 2021 · PDF p. 66
    49. [49]Item 19 — Locations counted not stated in the reviewed record — Affiliated Units reported in Chart 3, 2021 · PDF p. 66
    50. [50]Item 19 — Locations counted not stated in the reviewed record — Franchised Units reported in Chart 3, 2020 · PDF p. 66
    51. [51]Item 19 — Locations counted not stated in the reviewed record — Affiliated Units reported in Chart 3, 2020 · PDF p. 66
    52. [52]Item 19 — Locations counted not stated in the reviewed record — Franchised Units, 52 weeks ended December 26, 2021 · PDF p. 56
    53. [53]Item 19 — Locations counted not stated in the reviewed record — Franchised Units (Non - Broadcast), 52 weeks ended December 26, 2021 · PDF p. 56
    54. [54]Item 19 — Locations counted not stated in the reviewed record — Indiana state-specific cohort for the 52 weeks ended December 26, 2021 · PDF p. 56
    55. [55]Item 19 — Locations counted not stated in the reviewed record — Michigan state row, 52 weeks ended December 27, 2020 · PDF p. 58
    56. [56]Item 19 — Locations counted not stated in the reviewed record — Hungry Howie's units reported in Texas in Chart 1B · PDF p. 58
    57. [57]Item 19 — Locations counted not stated in the reviewed record — Bottom 25% of Franchised Units, 2021 · PDF p. 61
    58. [58]Item 19 — Locations counted not stated in the reviewed record — Hungry Howie's units reported in Ohio in Chart 1B · PDF p. 58
    59. [59]Item 19 — Locations counted not stated in the reviewed record — Hungry Howie's units reported in South Carolina in Chart 1B · PDF p. 58
    60. [60]Item 19 — Locations counted not stated in the reviewed record — Hungry Howie's units reported in North Carolina in Chart 1B · PDF p. 58
    61. [61]Item 19 — Locations counted not stated in the reviewed record — Top 50% of Franchised Units, 2021 · PDF p. 61
    62. [62]Item 19 — Locations counted not stated in the reviewed record — Top 25% of Franchised Units, 2020 · PDF p. 64
    63. [63]Item 19 — Locations counted not stated in the reviewed record — Total Affiliated Units, 2021 · PDF p. 62
    64. [64]Item 19 — Locations counted not stated in the reviewed record — Bottom 25% of Franchised Units, 2020 · PDF p. 64
    65. [65]Item 19 — Locations counted not stated in the reviewed record — Top 50% of Franchised Units, 2020 · PDF p. 64
    66. [66]Item 19 — Locations counted not stated in the reviewed record — Bottom 50% of Franchised Units, 2020 · PDF p. 64
    67. [67]Item 19 — Locations counted not stated in the reviewed record — Bottom 75% of Franchised Units, 2020 · PDF p. 64
    68. [68]Item 19 — Locations counted not stated in the reviewed record — All Units reported in Chart 3, as defined by the filing · PDF p. 66
    69. [69]Item 19 — Locations counted not stated in the reviewed record — All Units reported in Chart 3, as defined by the filing · PDF p. 66
    70. [70]Outlet counts — Item 20, Table 1 · PDF p. 75

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

    Territory & operations

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

    Legal & agreement

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2021stockholder distributions-$7,027,582
    2021net cash used in financing activities-$7,027,582
    2021net increase in cash and restricted cash$795,088
    2021cash and restricted cash - beginning of year$5,947,287
    2021training$15,933
    2021fundraiser expenses$1,435
    2021meals and entertainment$14,333
    2021office expenses$48,537
    2021professional fees$475,281
    2021profit sharing$103,169
    2021research and development$67,411
    2021salaries and wages$5,934,457
    2021subcontract services$930,233
    2021franchise materials, supplies, and shows$334,658
    2021property taxes$7,812
    2021state income taxes$8,007
    2021telephone and telecommunications$32,280
    2021travel expenses$127,354
    2021total operating expenses$25,139,793
    2021advertising fund revenue and expenses$14,931,662
    2021restricted cash$60,258
    2021total assets$8,022,801
    2021deposits on oven sales$233,902
    2021stockholders' equity$4,877,526
    2021total liabilities and stockholders' equity$8,022,801
    2021total net revenue$30,434,447
    2021cost of sales - restaurant equipment$1,008,865
    2021bad debt recoveriesMore than one value recorded for this year — open the FDD source before comparing-$10,000
    2021accrued and other liabilities-$181,229
    2021net cash provided by$734
    2021cash and restricted cash - end of year$6,742,375
    2021contributions$21,133
    2021insurance$314,733
    2021rent - building$102,000
    2021vehicle expenses$66,824
    2021property and equipment - net$66,434
    2021accounts payable$161,693
    2021proceeds from disposition of property and equipment$5,000
    2021accrued compensation$874,896
    2021deferred vendor payments$112,161
    2021reimbursable promotional fees$195,448
    2021royalties and other revenue$29,086,808
    2021other accrued liabilities$876,554
    2021total current liabilities$3,145,275
    2021total liabilities$3,145,275
    2021franchise fee revenue$260,000
    2021restaurant equipment sales$1,087,639
    2021related-party royalty income$954,971
    2021gross profit$29,425,582
    2021operating expenses$25,139,793
    2021operating income$4,285,789
    2021bad debt expense$27,368
    2021bad debt recoveriesMore than one value recorded for this year — open the FDD source before comparing-$17,368
    2021computer supplies$221,236
    2021dues and subscriptions$202,881
    2021balance - december 31, 2021$4,877,526
    2021net incomeMore than one value recorded for this year — open the FDD source before comparing$8,283,279
    2021depreciation$22,113
    2021ppp loan forgivenessMore than one value recorded for this year — open the FDD source before comparing-$629,100
    2021accounts receivable$244,250
    2021prepaid expenses and other assets-$3,820
    2021repairs and maintenance$9,363
    2021depreciation expenseMore than one value recorded for this year — open the FDD source before comparing$22,113
    2021deferred franchise fees$480,250
    2021accounts receivable - net$1,155,971
    2021prepaid expenses and other current assets$58,021
    2021net income, 2021$8,283,279
    2021stockholder distributions, 2021-$7,027,582
    2021total current assets$7,956,367
    2021cash$6,682,117
    2021trade accounts payable$372,064
    2021deferred franchise fees and vendor payments-$65,250
    2021net cash provided by operating activities$7,821,936
    2021purchase of property and equipment-$4,266
    2021sourcing income$2,137,033
    2021other fees$1,231,357
    2021ppp loan forgivenessMore than one value recorded for this year — open the FDD source before comparing$629,100
    2021total nonoperating income$3,997,490
    2021net incomeMore than one value recorded for this year — open the FDD source before comparing$8,283,279
    2021related-party outstanding royalty receivables$35,047
    2021related-party reimbursements paid, net of receipts$698,723
    2021rent expense under related-party lease$102,000
    2021profit-sharing plan contributions$103,169
    2021advertising$15,804,671
    2021total cost of property and equipment$1,525,376
    2021accumulated depreciation$1,458,942
    2021net property and equipment$66,434
    2021depreciation expenseMore than one value recorded for this year — open the FDD source before comparing$22,113
    2021amortization$0
    2020proceeds from debt$629,100
    2020stockholder distributions-$4,241,910
    2020net cash used in financing activities-$3,612,810
    2020net increase in cash and restricted cash$2,018,387
    2020cash and restricted cash - beginning of year$3,928,900
    2020training$33,644
    2020fundraiser expenses$9,057
    2020insurance$228,817
    2020meals and entertainment$15,174
    2020office expenses$43,126
    2020professional fees$325,704
    2020profit sharing$97,969
    2020repairs and maintenance$9,456
    2020research and development$21,000
    2020salaries and wages$7,257,245
    2020subcontract services$797,954
    2020franchise materials, supplies, and shows$142,368
    2020property taxes$7,410
    2020state income taxes$10,801
    2020telephone and telecommunications$28,462
    2020travel expenses$148,790
    2020vehicle expenses$61,671
    2020total operating expenses$24,462,536
    2020restricted cash$179,400
    2020reimbursable promotional fees$541,430
    2020stockholders' equity$3,621,829
    2020total liabilities and stockholders' equity$7,480,990
    2020total net revenue$28,077,773
    2020accrued and other liabilities-$352,055
    2020net cash provided by-$5,000
    2020cash and restricted cash - end of year$5,947,287
    2020rent expense under related-party lease$102,000
    2020profit-sharing plan contributions$97,969
    2020contributions$33,490
    2020property and equipment - net$89,281
    2020accounts payable-$53,932
    2020current portion of long-term debt$349,500
    2020accrued compensation$742,383
    2020deferred vendor payments$152,946
    2020royalties and other revenue$26,775,865
    2020other accrued liabilities$1,037,431
    2020total current liabilities$3,579,561
    2020long-term debt - net of current portion$279,600
    2020total liabilities$3,859,161
    2020franchise fee revenue$184,175
    2020restaurant equipment sales$1,117,733
    2020related-party royalty income$883,275
    2020cost of sales - restaurant equipment$1,017,050
    2020gross profit$27,060,723
    2020operating expenses$24,462,536
    2020operating income$2,598,187
    2020amortization$751
    2020bad debt expense$22,429
    2020bad debt recoveriesMore than one value recorded for this year — open the FDD source before comparing-$35,429
    2020computer supplies$184,077
    2020depreciation expenseMore than one value recorded for this year — open the FDD source before comparing$50,398
    2020dues and subscriptions$169,238
    2020rent - building$102,000
    2020net incomeMore than one value recorded for this year — open the FDD source before comparing$5,792,535
    2020depreciation$50,398
    2020bad debt recoveriesMore than one value recorded for this year — open the FDD source before comparing-$13,000
    2020amortization of intangible assets$751
    2020accounts receivable$335,317
    2020prepaid expenses and other assets$19,469
    2020deferred franchise fees$545,500
    2020accounts receivable - net$1,390,221
    2020prepaid expenses and other current assets$54,201
    2020net income, 2020$5,792,535
    2020stockholder distributions, 2020-$4,241,910
    2020balance - december 31, 2020$3,621,829
    2020total current assets$7,391,709
    2020advertising fund revenue and expenses$13,636,744
    2020cash$5,767,887
    2020total assets$7,480,990
    2020trade accounts payable$210,371
    2020deferred franchise fees and vendor payments-$143,286
    2020net cash provided by operating activities$5,636,197
    2020purchase of property and equipment-$5,000
    2020sourcing income$2,029,548
    2020other fees$1,164,800
    2020total nonoperating income$3,194,348
    2020net incomeMore than one value recorded for this year — open the FDD source before comparing$5,792,535
    2020related-party outstanding royalty receivables$31,674
    2020related-party reimbursements paid, net of receipts$630,480
    2020depreciation expenseMore than one value recorded for this year — open the FDD source before comparing$50,398
    2020advertising$14,389,791
    2020total cost of property and equipment$1,526,110
    2020accumulated depreciation$1,436,829
    2020net property and equipment$89,281
    2019net cash provided by-$67,594
    2019stockholder distributions-$2,351,396
    2019net cash used in financing activities-$2,351,396
    2019net increase in cash and restricted cash$1,217,350
    2019dues and subscriptions$182,288
    2019training$35,623
    2019insurance$257,915
    2019meals and entertainment$54,016
    2019office expenses$71,514
    2019professional fees$260,686
    2019repairs and maintenance$10,873
    2019research and development$40,581
    2019salaries and wages$5,923,984
    2019subcontract services$725,060
    2019franchise materials, supplies, and shows$626,540
    2019property taxes$6,943
    2019state income taxes$13,497
    2019telephone and telecommunications$28,956
    2019vehicle expenses$49,570
    2019total operating expenses$23,052,733
    2019intangible assets - net$751
    2019reimbursable promotional fees$848,855
    2019total liabilities$3,779,334
    2019stockholders' equity$2,071,204
    2019total liabilities and stockholders' equity$5,850,538
    2019restaurant equipment sales$510,213
    2019total net revenue$24,131,182
    2019operating income$616,940
    2019balance - january 1, 2019$76,108
    2019net income, 2019$4,346,492
    2019stockholder distributions, 2019-$2,351,396
    2019depreciation$66,836
    2019accounts payable-$259,817
    2019accrued and other liabilities-$240,711
    2019cash and restricted cash - beginning of year$2,711,550
    2019profit-sharing plan contributions$137,659
    2019computer supplies$175,770
    2019fundraiser expenses$86,824
    2019profit sharing$137,659
    2019travel expenses$377,675
    2019total current assets$5,715,107
    2019property and equipment - net$134,680
    2019accrued compensation$1,261,758
    2019deferred vendor payments$193,732
    2019royalties and other revenue$23,461,094
    2019deferred franchise fees$648,000
    2019other accrued liabilities$562,686
    2019total current liabilities$3,779,334
    2019payments on notes receivable$5,604
    2019franchise fee revenue$159,875
    2019cash and restricted cash - end of year$3,928,900
    2019advertising fund revenue and expenses$12,338,002
    2019cost of sales - restaurant equipment$461,509
    2019gross profit$23,669,673
    2019operating expenses$23,052,733
    2019net incomeMore than one value recorded for this year — open the FDD source before comparing$4,346,492
    2019amortization$250
    2019bad debt recoveriesMore than one value recorded for this year — open the FDD source before comparing-$19,734
    2019depreciation expenseMore than one value recorded for this year — open the FDD source before comparing$66,836
    2019rent - building$102,000
    2019net incomeMore than one value recorded for this year — open the FDD source before comparing$4,346,492
    2019bad debt recoveriesMore than one value recorded for this year — open the FDD source before comparing-$19,734
    2019amortization of intangible assets$250
    2019accounts receivable-$328,959
    2019restricted cash$129,496
    2019accounts receivable - net$1,712,537
    2019prepaid expenses and other current assets$73,670
    2019balance - december 31, 2019$2,071,204
    2019cash$3,799,404
    2019total assets$5,850,538
    2019trade accounts payable$264,303
    2019prepaid expenses and other assets$108,394
    2019deferred franchise fees and vendor payments-$36,411
    2019net cash provided by operating activities$3,636,340
    2019purchase of property and equipment-$73,198
    2019interest income$61
    2019sourcing income$2,141,475
    2019other fees$1,588,016
    2019total nonoperating income$3,729,552
    2019related-party royalty income$732,264
    2019related-party outstanding royalty receivables$30,055
    2019related-party reimbursements paid, net of receipts$560,707
    2019depreciation expenseMore than one value recorded for this year — open the FDD source before comparing$66,836
    2019contributions$15,891
    2019rent expense under related-party lease$102,000
    2019total cost of property and equipment$1,521,110
    2019accumulated depreciation$1,386,430
    2019net property and equipment$134,680
    2019advertising$13,522,231

    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.

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    At a glance

    Business history

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    Reader notes on wording

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

    • Item 21 · PDF p. 105 · 2022 FDD

      Our summary: Amortization — 2021

      “Amortization - 751 250”

      Note: The cited amortization row shows a dash for 2021, not an explicit numeric zero, so the extracted 0 is not directly stated.

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