Kitchen Tune-Up
Franchise research report · reviewed 2026 disclosure data
Researching Kitchen Tune-Up franchise opportunities? Every figure below is cited to the FDD.
Reviewed sources
- Franchising since
- 1988 Source: franchise.org
- Headquarters
- Aberdeen, SD United States Source: franchise.org
Kitchen Tune-Up franchise specializes in kitchen cabinet refacing, refinishing, and remodeling services, offering homeowners cost-effective alternatives to full
Headline figures
Quick facts
- How much does it cost to open a Kitchen Tune-Up franchise?
- The Kitchen Tune-Up Franchise Disclosure Document reports an estimated initial investment of $121,930–$198,850 (2026 FDD, Item 7, PDF p. 20). This is the franchisor's disclosed estimate, not a quote. Details
- What is the Kitchen Tune-Up initial franchise fee?
- The disclosed initial franchise fee for a standard single unit is $19,950 (2026 FDD, Item 5, PDF p. 13). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
- What ongoing fees does Kitchen Tune-Up charge?
- The disclosed ongoing royalty is $6 (2026 FDD, Item 6, PDF p. 14). The brand or advertising fund contribution is $1 (2026 FDD, Item 6, PDF p. 14). Other recurring fees are listed in Item 6. Details
- Does Kitchen Tune-Up disclose financial performance (Item 19)?
- Yes. The Kitchen Tune-Up FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 41). Figures apply only to the locations and period each one covers. Details
- How many Kitchen Tune-Up locations are there?
- The FDD reports 250 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 43). Existing locations do not indicate territory availability. Details
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1Opening costs are estimated at $121,930 – $198,850 in the 2026 FDD (Item 7); several initial fee options apply.
- 2Item 19 covers 19 separate groups: other measures and revenue for 60 Franchised locations; other measures and revenue for 75 Franchised locations; other measures and profit and costs for 135 Franchised locations; other measures for 135 Franchised locations; other measures for 135 Franchised locations; other measures for 135 Franchised locations; other measures for 135 Franchised locations; other measures for 135 Franchised locations; other measures for 135 Franchised locations; other measures for 135 Franchised locations; other measures for 60 Franchised locations; revenue and other measures for 75 Franchised locations; revenue and other measures for 60 Franchised locations; other measures for 60 Franchised locations; revenue and other measures for Franchised locations; revenue for Franchised locations; revenue and other measures for Franchised locations; other measures and revenue for Franchised locations; other measures for Franchised locations. They are not combined.
- 3Outlets declined by 11 in 2025, to 250 (UnitedStates, 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. 20
Standard single-unit franchise fee
2026 FDD · Item 5 · PDF p. 13
Discounted and multi-unit options are separate; see all fees.
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
- Royalty: the greater of 6.0%–5.0% of Gross Revenue for the immediately preceding month or $500 per month per territory in the first year and $1,500 per month per territory thereafter; during the first three months, royalty is paid only on actual Gross Revenue with no minimumMain ongoing fee
19 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
19 separate populations, shown apart. Revenue is not owner income.
Locations counted: not stated in the reviewed record
Revenue and other measures · 60 locations
- Who is counted
- Multiple-territory franchisees; owner totals
- Period
- 2025
- Excluded
- 2025 reporting cohort was open all year; excludes 22 new or transferred territories that lacked a full year.
- Method
- Unaudited franchisee reports/CRM. Multipleterritoryfigures totalowner sales, not perterritory. Territoriesvarysize. COGS includesproducts/consumables/labor; source42%totalvs15%labor28%products retained.
Locations counted: not stated in the reviewed record
Revenue and other measures · 75 locations
- Who is counted
- Single-territory franchisees
- Excluded
- 2025 reporting cohort was open all year; excludes 22 new or transferred territories that lacked a full year.
- Method
- Unaudited franchisee reports/CRM. Multipleterritoryfigures totalowner sales, not perterritory. Territoriesvarysize. COGS includesproducts/consumables/labor; source42%totalvs15%labor28%products retained.
Locations counted: not stated in the reviewed record
Profit, costs and other measures · 135 locations
- Who is counted
- 135reportingfranchisees;75singleterritoryowners+60multiterritoryowners229territories(91%full-year)
- Excluded
- 22new/transferredterritories excluded; franchiseesopenfullyear. Additionalterritoriesopened2025includedinowneraggregatespartialyear. Profits exclude vehiclefinancing,rent,utilities,insurance,royalties,ads,taxes,debtandotherexpenses.
- Method
- Unaudited franchisee reports/CRM. Multipleterritoryfigures totalowner sales, not perterritory. Territoriesvarysize. COGS includesproducts/consumables/labor; source42%totalvs15%labor28%products retained.
Locations counted: not stated in the reviewed record
Other measures · 135 locations
- Who is counted
- Service line Countertop across135reportingowners
- Period
- Highest sale
- Excluded
- 22new/transferredterritories excluded; franchiseesopenfullyear. Additionalterritoriesopened2025includedinowneraggregatespartialyear. Profits exclude vehiclefinancing,rent,utilities,insurance,royalties,ads,taxes,debtandotherexpenses.
- Method
- Unaudited franchisee reports/CRM. Multipleterritoryfigures totalowner sales, not perterritory. Territoriesvarysize. COGS includesproducts/consumables/labor; source42%totalvs15%labor28%products retained.
Locations counted: not stated in the reviewed record
Other measures · 135 locations
- Who is counted
- Service line Full Custom Kitchen across135reportingowners
- Period
- Median sale
- Excluded
- 22new/transferredterritories excluded; franchiseesopenfullyear. Additionalterritoriesopened2025includedinowneraggregatespartialyear. Profits exclude vehiclefinancing,rent,utilities,insurance,royalties,ads,taxes,debtandotherexpenses.
- Method
- Unaudited franchisee reports/CRM. Multipleterritoryfigures totalowner sales, not perterritory. Territoriesvarysize. COGS includesproducts/consumables/labor; source42%totalvs15%labor28%products retained.
Locations counted: not stated in the reviewed record
Other measures · 135 locations
- Who is counted
- Service line Misc. across135reportingowners
- Period
- Median grossprofit
- Excluded
- 22new/transferredterritories excluded; franchiseesopenfullyear. Additionalterritoriesopened2025includedinowneraggregatespartialyear. Profits exclude vehiclefinancing,rent,utilities,insurance,royalties,ads,taxes,debtandotherexpenses.
- Method
- Unaudited franchisee reports/CRM. Multipleterritoryfigures totalowner sales, not perterritory. Territoriesvarysize. COGS includesproducts/consumables/labor; source42%totalvs15%labor28%products retained.
Locations counted: not stated in the reviewed record
Other measures · 135 locations
- Who is counted
- Service line Painting/ Recoloring across135reportingowners
- Period
- Average sale
- Excluded
- 22new/transferredterritories excluded; franchiseesopenfullyear. Additionalterritoriesopened2025includedinowneraggregatespartialyear. Profits exclude vehiclefinancing,rent,utilities,insurance,royalties,ads,taxes,debtandotherexpenses.
- Method
- Unaudited franchisee reports/CRM. Multipleterritoryfigures totalowner sales, not perterritory. Territoriesvarysize. COGS includesproducts/consumables/labor; source42%totalvs15%labor28%products retained.
Locations counted: not stated in the reviewed record
Other measures · 135 locations
- Who is counted
- Service line Redoor across135reportingowners
- Period
- Highest sale
- Excluded
- 22new/transferredterritories excluded; franchiseesopenfullyear. Additionalterritoriesopened2025includedinowneraggregatespartialyear. Profits exclude vehiclefinancing,rent,utilities,insurance,royalties,ads,taxes,debtandotherexpenses.
- Method
- Unaudited franchisee reports/CRM. Multipleterritoryfigures totalowner sales, not perterritory. Territoriesvarysize. COGS includesproducts/consumables/labor; source42%totalvs15%labor28%products retained.
Locations counted: not stated in the reviewed record
Other measures · 135 locations
- Who is counted
- Service line Refacing across135reportingowners
- Period
- Average sale
- Excluded
- 22new/transferredterritories excluded; franchiseesopenfullyear. Additionalterritoriesopened2025includedinowneraggregatespartialyear. Profits exclude vehiclefinancing,rent,utilities,insurance,royalties,ads,taxes,debtandotherexpenses.
- Method
- Unaudited franchisee reports/CRM. Multipleterritoryfigures totalowner sales, not perterritory. Territoriesvarysize. COGS includesproducts/consumables/labor; source42%totalvs15%labor28%products retained.
Locations counted: not stated in the reviewed record
Other measures · 135 locations
- Who is counted
- Service line Tune-Up across135reportingowners
- Period
- Median sale
- Excluded
- 22new/transferredterritories excluded; franchiseesopenfullyear. Additionalterritoriesopened2025includedinowneraggregatespartialyear. Profits exclude vehiclefinancing,rent,utilities,insurance,royalties,ads,taxes,debtandotherexpenses.
- Method
- Unaudited franchisee reports/CRM. Multipleterritoryfigures totalowner sales, not perterritory. Territoriesvarysize. COGS includesproducts/consumables/labor; source42%totalvs15%labor28%products retained.
Locations counted: not stated in the reviewed record
Other measures · 60 locations
- Who is counted
- Multiple-territory franchisees; owner total sales
- Excluded
- 2025 cohort of multiple-territory franchisees open all year.
Locations counted: not stated in the reviewed record
Revenue and other measures · 75 locations
- Who is counted
- Single-territory franchisee owner sales
- Period
- 2025
- Excluded
- 2025 reporting franchisees open for all of 2025; excludes 22 territories because new or transferred territories lacked a full 12 months.
- Method
- Unaudited franchisee reports/CRM. Multipleterritoryfigures totalowner sales, not perterritory. Territoriesvarysize. COGS includesproducts/consumables/labor; source42%totalvs15%labor28%products retained.
Locations counted: not stated in the reviewed record
Revenue and other measures · 60 locations
- Who is counted
- Multiple-territory franchisee owner total sales
- Period
- 2025
- Excluded
- 2025 reporting franchisees open for all of 2025; excludes 22 territories because new or transferred territories lacked a full 12 months.
- Method
- Unaudited franchisee reports/CRM. Multipleterritoryfigures totalowner sales, not perterritory. Territoriesvarysize. COGS includesproducts/consumables/labor; source42%totalvs15%labor28%products retained.
Locations counted: not stated in the reviewed record
Other measures · 60 locations
- Who is counted
- Multiple-territory franchisees; owner total sales across their territories
- Excluded
- 2025 multiple-territory franchisee cohort.
- Method
- Unaudited franchisee reports/CRM. Multipleterritoryfigures totalowner sales, not perterritory. Territoriesvarysize. COGS includesproducts/consumables/labor; source42%totalvs15%labor28%products retained.
Locations counted: not stated in the reviewed record
Revenue and other measures
- Who is counted
- Single-territory franchisee owner sales
- Period
- 2024
- Excluded
- 2025 reporting franchisees open for all of 2025; excludes 22 territories because new or transferred territories lacked a full 12 months.
- Method
- Unaudited franchisee reports/CRM. Multipleterritoryfigures totalowner sales, not perterritory. Territoriesvarysize. COGS includesproducts/consumables/labor; source42%totalvs15%labor28%products retained.
Locations counted: not stated in the reviewed record
Revenue
- Who is counted
- Multiple-territory franchisee owner total sales
- Period
- 2024
- Excluded
- 2025 reporting franchisees open for all of 2025; excludes 22 territories because new or transferred territories lacked a full 12 months.
- Method
- Unaudited franchisee reports/CRM. Multipleterritoryfigures totalowner sales, not perterritory. Territoriesvarysize. COGS includesproducts/consumables/labor; source42%totalvs15%labor28%products retained.
Locations counted: not stated in the reviewed record
Revenue and other measures
- Who is counted
- Single-territory franchisees
- Period
- 2024
- Excluded
- 2025 reporting cohort was open all year; excludes 22 new or transferred territories that lacked a full year.
- Method
- Unaudited franchisee reports/CRM. Multipleterritoryfigures totalowner sales, not perterritory. Territoriesvarysize. COGS includesproducts/consumables/labor; source42%totalvs15%labor28%products retained.
Locations counted: not stated in the reviewed record
Revenue and other measures
- Who is counted
- Multiple-territory franchisees; owner totals
- Period
- 2024
- Excluded
- 2025 reporting cohort was open all year; excludes 22 new or transferred territories that lacked a full year.
- Method
- Unaudited franchisee reports/CRM. Multipleterritoryfigures totalowner sales, not perterritory. Territoriesvarysize. COGS includesproducts/consumables/labor; source42%totalvs15%labor28%products retained.
Locations counted: not stated in the reviewed record
Other measures
- Who is counted
- 60multiterritoryowners154territories
These groups are never combined.
Outlet Changes — Item 20
How has the outlet count changed?
UnitedStates, as labeled in the FDD · counts as of 2025 of each year.
2026 FDD · Item 20 · PDF p. 43
Net −24 outlets, 2023–2025
Year-end counts reported in Item 20. The scale starts at zero, so the line looks nearly flat; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2026 Item 7 estimate ($121,930 – $198,850) 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 261 to 250 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]Estimated initial investment — Item 7 · PDF p. 20
- [2]Standard initial franchise fee — Item 5 · PDF p. 13
- [3]Item 19 — Locations counted not stated in the reviewed record — Multiple-territory franchisees; owner totals · PDF p. 41
- [4]Item 19 — Locations counted not stated in the reviewed record — Single-territory franchisees · PDF p. 41; PDF p. 43
- [5]Item 19 — Locations counted not stated in the reviewed record — 135reportingfranchisees;75singleterritoryowners+60multiterritoryowners229territ… · PDF p. 42; PDF p. 43
- [6]Item 19 — Locations counted not stated in the reviewed record — Service line Countertop across135reportingowners · PDF p. 42
- [7]Item 19 — Locations counted not stated in the reviewed record — Service line Full Custom Kitchen across135reportingowners · PDF p. 42
- [8]Item 19 — Locations counted not stated in the reviewed record — Service line Misc. across135reportingowners · PDF p. 42
- [9]Item 19 — Locations counted not stated in the reviewed record — Service line Painting/ Recoloring across135reportingowners · PDF p. 42
- [10]Item 19 — Locations counted not stated in the reviewed record — Service line Redoor across135reportingowners · PDF p. 42
- [11]Item 19 — Locations counted not stated in the reviewed record — Service line Refacing across135reportingowners · PDF p. 42
- [12]Item 19 — Locations counted not stated in the reviewed record — Service line Tune-Up across135reportingowners · PDF p. 42
- [13]Item 19 — Locations counted not stated in the reviewed record — Multiple-territory franchisees; owner total sales · PDF p. 41
- [14]Item 19 — Locations counted not stated in the reviewed record — Single-territory franchisee owner sales · PDF p. 41
- [15]Item 19 — Locations counted not stated in the reviewed record — Multiple-territory franchisee owner total sales · PDF p. 41
- [16]Item 19 — Locations counted not stated in the reviewed record — Multiple-territory franchisees; owner total sales across their territories · PDF p. 41
- [17]Item 19 — Locations counted not stated in the reviewed record — Single-territory franchisee owner sales · PDF p. 41
- [18]Item 19 — Locations counted not stated in the reviewed record — Multiple-territory franchisee owner total sales · PDF p. 41
- [19]Item 19 — Locations counted not stated in the reviewed record — Single-territory franchisees · PDF p. 41
- [20]Item 19 — Locations counted not stated in the reviewed record — Multiple-territory franchisees; owner totals · PDF p. 41
- [21]Item 19 — Locations counted not stated in the reviewed record — 60multiterritoryowners154territories · PDF p. 41
- [22]Outlet counts — Item 20, Table 1 · PDF p. 43
"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 year | Measure | Reported value |
|---|---|---|
| 2025 | assets current assets cash | $20,068,280 |
| 2025 | advertising advances and depositsMore than one value recorded for this year — open the FDD source before comparing | $2,873,467 |
| 2025 | straight-line royalty assets, long-term | $19,690,613 |
| 2025 | total liabilities | $255,961,533 |
| 2025 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $23,331,953 |
| 2025 | total current liabilities | $48,487,643 |
| 2025 | selling and advertising | $26,318,394 |
| 2025 | product and service sales | $11,649,348 |
| 2025 | other expense, net | -$3,428,528 |
| 2025 | adjustments to reconcile net income | $11,394,867 |
| 2025 | accounts receivableMore than one value recorded for this year — open the FDD source before comparing | -$1,302,760 |
| 2025 | advertising advances and depositsMore than one value recorded for this year — open the FDD source before comparing | $136,845 |
| 2025 | cash at end of period | $20,068,280 |
| 2025 | deferred income tax liabilityMore than one value recorded for this year — open the FDD source before comparing | $6,283,428 |
| 2025 | net cash used in financing activities | -$35,069,258 |
| 2025 | straight-line royalty assets | $2,514,843 |
| 2025 | other current assetsMore than one value recorded for this year — open the FDD source before comparing | $19,773 |
| 2025 | operating lease liability | -$1,685,199 |
| 2025 | deferred revenueMore than one value recorded for this year — open the FDD source before comparing | $264,539 |
| 2025 | cash at beginning of period | $16,615,613 |
| 2025 | accounts receivableMore than one value recorded for this year — open the FDD source before comparing | $5,657,970 |
| 2025 | prepaid expensesMore than one value recorded for this year — open the FDD source before comparing | $9,942,425 |
| 2025 | other current assetsMore than one value recorded for this year — open the FDD source before comparing | $13,498 |
| 2025 | total current assets | $44,439,357 |
| 2025 | property and equipment, net | $13,937,349 |
| 2025 | operating lease right-of-use asset | $8,297,738 |
| 2025 | intangible assets, net | $354,103,748 |
| 2025 | goodwill | $240,767,402 |
| 2025 | other assetsMore than one value recorded for this year — open the FDD source before comparing | $2,503,265 |
| 2025 | total assets | $688,564,783 |
| 2025 | liabilities and member's equity current liabilities accounts payable | $1,139,707 |
| 2025 | accrued liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $13,971,695 |
| 2025 | operating lease liability, current | $1,905,350 |
| 2025 | deferred revenueMore than one value recorded for this year — open the FDD source before comparing | $3,693,325 |
| 2025 | due to parentMore than one value recorded for this year — open the FDD source before comparing | $24,904,099 |
| 2025 | operating lease liability, long-term | $9,736,959 |
| 2025 | deferred income tax liabilityMore than one value recorded for this year — open the FDD source before comparing | $83,136,931 |
| 2025 | promissory note due to parent | $114,600,000 |
| 2025 | member's equity | $432,603,250 |
| 2025 | total liabilities and member's equity | $688,564,783 |
| 2025 | royalty income | $50,199,709 |
| 2025 | gross sales rebates | $41,927,269 |
| 2025 | continuing franchise fees | $32,887,717 |
| 2025 | initial franchise fees | $7,804,419 |
| 2025 | other sales | $999,950 |
| 2025 | total revenue | $145,468,412 |
| 2025 | operating expenses cost of product and service sales | $11,142,146 |
| 2025 | operating and administrative | $76,983,079 |
| 2025 | lossMore than one value recorded for this year — open the FDD source before comparing | $104,686 |
| 2025 | foreign exchangeMore than one value recorded for this year — open the FDD source before comparing | -$276,741 |
| 2025 | other operating expense | $460,160 |
| 2025 | total operating expenses | $114,778,974 |
| 2025 | income | $30,689,438 |
| 2025 | other income | $463,678 |
| 2025 | interest expense | -$4,392,635 |
| 2025 | total other income | -$7,357,485 |
| 2025 | provision | $5,728,451 |
| 2025 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $17,603,502 |
| 2025 | amortization of operating right-of-use lease assets | $1,588,223 |
| 2025 | provision for credit losses - accounts receivable, net | $1,116,080 |
| 2025 | provision for credit losses - notes receivable, net | $112,077 |
| 2025 | lossMore than one value recorded for this year — open the FDD source before comparing | $104,686 |
| 2025 | foreign exchangeMore than one value recorded for this year — open the FDD source before comparing | -$276,741 |
| 2025 | interest expense due to parent | $4,392,635 |
| 2025 | notes receivable | $2,038,329 |
| 2025 | rebates receivable | -$705,808 |
| 2025 | prepaid expensesMore than one value recorded for this year — open the FDD source before comparing | -$1,850,879 |
| 2025 | other assetsMore than one value recorded for this year — open the FDD source before comparing | $68,498 |
| 2025 | accounts payable | -$209,318 |
| 2025 | accrued liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $1,268,093 |
| 2025 | net cash provided by operating activities | $43,084,413 |
| 2025 | purchase of property and equipment | -$4,664,358 |
| 2025 | net cash used in investing activities | -$4,562,488 |
| 2025 | due to parentMore than one value recorded for this year — open the FDD source before comparing | -$35,069,258 |
| 2025 | net increase in cash | $3,452,667 |
| 2025 | accrued capital expenditures | $113,780 |
| 2025 | dividend to parent | $41,627,016 |
| 2024 | deferred income tax liabilityMore than one value recorded for this year — open the FDD source before comparing | $76,853,503 |
| 2024 | other assetsMore than one value recorded for this year — open the FDD source before comparing | $2,551,067 |
| 2024 | prepaid expensesMore than one value recorded for this year — open the FDD source before comparing | $8,197,983 |
| 2024 | product and service sales | $9,221,187 |
| 2024 | other operating expense | -$186,971 |
| 2024 | straight-line royalty assets, long-term | $21,668,050 |
| 2024 | total liabilities and member's equity | $695,771,873 |
| 2024 | property and equipment, net | $14,591,565 |
| 2024 | total liabilities | $239,145,109 |
| 2024 | provision for credit losses - notes receivable, net | $1,566,663 |
| 2024 | liabilities and member's equity current liabilities accounts payable | $1,417,148 |
| 2024 | operating lease liability, current | $1,885,225 |
| 2024 | initial franchise fees | $9,115,958 |
| 2024 | other income | $490,996 |
| 2024 | other expense, net | -$1,724,503 |
| 2024 | net incomeMore than one value recorded for this year — open the FDD source before comparing | -$7,186,423 |
| 2024 | total other income | -$5,769,476 |
| 2024 | lossMore than one value recorded for this year — open the FDD source before comparing | -$47,149 |
| 2024 | rebates receivable | $744,477 |
| 2024 | accounts receivableMore than one value recorded for this year — open the FDD source before comparing | -$2,359,763 |
| 2024 | accounts payable | $452,163 |
| 2024 | cash at end of period | $16,615,613 |
| 2024 | assets current assets cash | $16,615,613 |
| 2024 | accounts receivableMore than one value recorded for this year — open the FDD source before comparing | $5,103,309 |
| 2024 | other current assetsMore than one value recorded for this year — open the FDD source before comparing | $33,271 |
| 2024 | total current assets | $46,273,858 |
| 2024 | operating lease right-of-use asset | $9,885,961 |
| 2024 | intangible assets, net | $353,843,907 |
| 2024 | goodwill | $240,767,402 |
| 2024 | total assets | $695,771,873 |
| 2024 | accrued liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $12,577,936 |
| 2024 | advertising advances and depositsMore than one value recorded for this year — open the FDD source before comparing | $2,499,149 |
| 2024 | deferred revenueMore than one value recorded for this year — open the FDD source before comparing | $3,408,286 |
| 2024 | due to parentMore than one value recorded for this year — open the FDD source before comparing | $13,953,706 |
| 2024 | total current liabilities | $36,249,323 |
| 2024 | operating lease liability, long-term | $11,442,283 |
| 2024 | promissory note due to parent | $114,600,000 |
| 2024 | member's equity | $456,626,764 |
| 2024 | royalty income | $49,030,088 |
| 2024 | gross sales rebates | $42,280,473 |
| 2024 | continuing franchise fees | $32,674,742 |
| 2024 | other sales | $956,537 |
| 2024 | total revenue | $143,278,985 |
| 2024 | operating expenses cost of product and service sales | $8,272,012 |
| 2024 | selling and advertising | $29,243,902 |
| 2024 | operating and administrative | $78,274,378 |
| 2024 | lossMore than one value recorded for this year — open the FDD source before comparing | -$162,023 |
| 2024 | foreign exchangeMore than one value recorded for this year — open the FDD source before comparing | $445,790 |
| 2024 | total operating expenses | $144,695,932 |
| 2024 | income | -$1,416,947 |
| 2024 | interest expense | -$4,535,969 |
| 2024 | provision | -$3,126,687 |
| 2024 | net incomeMore than one value recorded for this year — open the FDD source before comparing | -$4,059,736 |
| 2024 | adjustments to reconcile net income | $10,569,042 |
| 2024 | amortization of operating right-of-use lease assets | $1,541,398 |
| 2024 | provision for credit losses - accounts receivable, net | $1,274,222 |
| 2024 | foreign exchangeMore than one value recorded for this year — open the FDD source before comparing | $445,790 |
| 2024 | deferred income tax liabilityMore than one value recorded for this year — open the FDD source before comparing | -$3,482,079 |
| 2024 | interest expense due to parent | $4,535,969 |
| 2024 | notes receivable | -$481,686 |
| 2024 | prepaid expensesMore than one value recorded for this year — open the FDD source before comparing | -$951,951 |
| 2024 | straight-line royalty assets | $1,596,544 |
| 2024 | other current assetsMore than one value recorded for this year — open the FDD source before comparing | $17,814 |
| 2024 | other assetsMore than one value recorded for this year — open the FDD source before comparing | -$2,234,052 |
| 2024 | accrued liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $443,151 |
| 2024 | operating lease liability | -$1,655,636 |
| 2024 | advertising advances and depositsMore than one value recorded for this year — open the FDD source before comparing | $205,807 |
| 2024 | deferred revenueMore than one value recorded for this year — open the FDD source before comparing | $1,582,097 |
| 2024 | net cash provided by operating activities | $38,569,902 |
| 2024 | purchase of property and equipment | -$8,208,040 |
| 2024 | net cash used in investing activities | -$9,192,392 |
| 2024 | due to parentMore than one value recorded for this year — open the FDD source before comparing | -$28,739,664 |
| 2024 | net cash used in financing activities | -$28,739,664 |
| 2024 | net increase in cash | $637,846 |
| 2024 | cash at beginning of period | $15,977,767 |
| 2024 | accrued capital expenditures | $153,818 |
| 2024 | dividend to parent | $26,424,163 |
| 2023 | gross sales rebates | $42,094,481 |
| 2023 | initial franchise fees | $10,608,348 |
| 2023 | cash at beginning of period | $15,185,620 |
| 2023 | operating expenses cost of product and service sales | $8,040,397 |
| 2023 | lossMore than one value recorded for this year — open the FDD source before comparing | $1,420,184 |
| 2023 | total operating expenses | $121,541,579 |
| 2023 | adjustments to reconcile net income | $11,816,771 |
| 2023 | net cash provided by operating activities | $33,135,323 |
| 2023 | other current assets | $116,384 |
| 2023 | net cash used in investing activities | -$4,672,672 |
| 2023 | cash at end of period | $15,977,767 |
| 2023 | royalty income | $48,607,635 |
| 2023 | continuing franchise fees | $31,345,062 |
| 2023 | product and service sales | $9,213,472 |
| 2023 | other sales | $786,850 |
| 2023 | total revenue | $142,655,848 |
| 2023 | selling and advertising | $30,375,941 |
| 2023 | operating and administrative | $80,473,983 |
| 2023 | foreign exchangeMore than one value recorded for this year — open the FDD source before comparing | -$129,629 |
| 2023 | other operating expense | -$47,403 |
| 2023 | income | $21,114,269 |
| 2023 | other income | $377,089 |
| 2023 | interest expense | -$5,687,538 |
| 2023 | other expense, net | -$2,549,983 |
| 2023 | total other income | -$7,860,432 |
| 2023 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $13,253,837 |
| 2023 | provision | $2,867,405 |
| 2023 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $10,386,432 |
| 2023 | amortization of operating right-of-use lease assets | $2,313,981 |
| 2023 | provision for credit losses - accounts receivable, net | $988,181 |
| 2023 | provision for credit losses - notes receivable, net | $573,898 |
| 2023 | lossMore than one value recorded for this year — open the FDD source before comparing | $1,232,619 |
| 2023 | foreign exchangeMore than one value recorded for this year — open the FDD source before comparing | -$129,629 |
| 2023 | deferred income tax liability | $4,171,131 |
| 2023 | interest expense due to parent | $5,687,538 |
| 2023 | accounts receivable | -$359,834 |
| 2023 | notes receivable | -$2,270,989 |
| 2023 | rebates receivable | $1,099,554 |
| 2023 | prepaid expenses | $751,924 |
| 2023 | straight-line royalty assets | -$880,342 |
| 2023 | other assets | $8,218 |
| 2023 | accounts payable | -$3,648,929 |
| 2023 | accrued liabilities | $3,932,719 |
| 2023 | operating lease liability | -$2,694,789 |
| 2023 | advertising advances and deposits | -$288,804 |
| 2023 | deferred revenue | -$1,266,382 |
| 2023 | purchase of property and equipment | -$4,672,672 |
| 2023 | due to parent | -$27,670,504 |
| 2023 | net cash used in financing activities | -$27,670,504 |
| 2023 | net increase in cash | $792,147 |
| 2023 | accrued capital expenditures | $123,298 |
| 2023 | dividend to parent | $768,506 |
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
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Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.