
Long John Silver's
Franchise research report · reviewed 2026 disclosure data
Researching Long John Silver's franchise opportunities? Every figure below is cited to the FDD.
- Franchising since
- 1969 Source: franchise.org
- Headquarters
- Louisville, KY United States Source: franchise.org
Long John Silver's franchise specializes in quick-service seafood dining, known for its signature battered fish, chicken, and hushpuppies served at locations pr
Headline figures
Quick facts
- How much does it cost to open a Long John Silver's franchise?
- The Long John Silver's Franchise Disclosure Document reports an estimated initial investment of $665,500 (2026 FDD, Item 7, PDF p. 25). This is the franchisor's disclosed estimate, not a quote. Details
- Does Long John Silver's disclose financial performance (Item 19)?
- No. The reviewed Long John Silver's FDD states that it does not make a financial performance representation in Item 19. Details
- How many Long John Silver's locations are there?
- The FDD reports 958 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 59). 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 $665,500 in the 2026 FDD (Item 7); several initial fee options apply.
- 2The franchisor makes no financial performance representation in Item 19.
- 3Outlets declined by 46 in 2025, to 958 (United States, as labeled in the FDD, Item 20).
From reviewed FDD figures only. Not a recommendation or projection.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Total estimated initial investment
2026 FDD · Item 7 · PDF p. 25
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
34 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?
No financial performance representation in Item 19
The reviewed 2026 FDD for Long John Silver's has no Item 19 figures on record. Franopolis does not estimate revenue or earnings in their place; ask the franchisor and current owners what unit-level information they can share.
Outlet Changes — Item 20
How has the outlet count changed?
United States, as labeled in the FDD · counts as of 2025 of each year.
2026 FDD · Item 20 · PDF p. 59
Net −120 outlets, 2023–2025
Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2026 Item 7 estimate ($665,500) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Long John Silver's reports no financial performance figures in Item 19. What information can you share about unit-level results?
Reported units decreased from 1,004 to 958 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?
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. 25
- [2]Outlet counts — Item 20, Table 1 · PDF p. 59
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.
Territory & operations
No territory or operating requirements have been reviewed yet.
290 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| 2025 | total franchisor operating expenses | $30,193,782 |
| 2025 | total liabilities | $127,427,805 |
| 2025 | advertising fund revenues | $10,031,671 |
| 2025 | finance lease liabilities, current portion | $2,012,380 |
| 2025 | total current liabilities | $38,566,782 |
| 2025 | operating lease liabilities, less current portion | $58,852,695 |
| 2025 | total franchisor revenues | $21,299,479 |
| 2025 | operating lease right-of-use assets | $61,387,805 |
| 2025 | finance lease right-of-use assets, net | $18,559,432 |
| 2025 | depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing | $3,149,322 |
| 2025 | royalties and other franchisee receivables, net | $1,653,082 |
| 2025 | sub-lease receivables, net, current portion | $588,588 |
| 2025 | other expenses | -$41,150,987 |
| 2025 | net gain on disposal of property and equipmentMore than one value recorded for this year — open the FDD source before comparing | -$149,193 |
| 2025 | company-owned restaurant units operating income | $19,471,493 |
| 2025 | general and administrative expense | -$7,897,509 |
| 2025 | income before provision for state income taxes | $9,087,874 |
| 2025 | credit loss expense | $423,908 |
| 2025 | depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing | $13,539,342 |
| 2025 | cash and restricted cash, beginning of year | $8,282,719 |
| 2025 | net gain on disposal of property and equipmentMore than one value recorded for this year — open the FDD source before comparing | $149,193 |
| 2025 | purchases of property and equipment | -$41,223,355 |
| 2025 | cash and restricted cash, end of year | $13,803,618 |
| 2025 | advertising fund restricted cash | $6,225,311 |
| 2025 | cash | $7,578,307 |
| 2025 | inventoriesMore than one value recorded for this year — open the FDD source before comparing | $2,427,425 |
| 2025 | prepaid expenses and other current assets | $2,646,738 |
| 2025 | total current assets | $21,119,451 |
| 2025 | property and equipment, net | $77,952,447 |
| 2025 | sub-lease receivables, net, less current portion | $10,706,147 |
| 2025 | intangible assets, net | $16,220,674 |
| 2025 | goodwill, net | $10,152,341 |
| 2025 | other noncurrent assets, net | $2,114,027 |
| 2025 | total other noncurrent assets | $119,140,426 |
| 2025 | total assets | $218,212,324 |
| 2025 | accounts payable | $8,499,465 |
| 2025 | accrued expenses and other current liabilities | $16,041,127 |
| 2025 | operating lease liabilities, current portion | $12,013,810 |
| 2025 | finance lease liabilities, less current portion | $27,433,602 |
| 2025 | other noncurrent liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $2,574,726 |
| 2025 | total noncurrent liabilities | $88,861,023 |
| 2025 | royalties and other franchise income | $10,627,608 |
| 2025 | other operating revenues | $640,200 |
| 2025 | compensation and related employee benefitsMore than one value recorded for this year — open the FDD source before comparing | $8,281,987 |
| 2025 | long-term incentive compensationMore than one value recorded for this year — open the FDD source before comparing | $890,000 |
| 2025 | franchise direct expenses | $1,023,910 |
| 2025 | professional and consulting fees and contract labor | $1,141,460 |
| 2025 | advertising fund expenses | $9,231,671 |
| 2025 | office and other general and administrative expenses | $2,617,101 |
| 2025 | franchisor operating loss | -$8,894,303 |
| 2025 | net sales | $210,686,304 |
| 2025 | cost of sales | -$61,134,182 |
| 2025 | compensation and related employee benefitsMore than one value recorded for this year — open the FDD source before comparing | -$61,102,567 |
| 2025 | rent expense | -$10,186,304 |
| 2025 | depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing | -$8,916,620 |
| 2025 | loss on impaired property and equipment | -$677,449 |
| 2025 | interest income | $846,685 |
| 2025 | other nonoperating income | $16,023 |
| 2025 | interest expense | -$2,352,024 |
| 2025 | total other expense, net | -$1,489,316 |
| 2025 | provision for income taxes | $388,054 |
| 2025 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $8,699,820 |
| 2025 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $8,699,820 |
| 2025 | long-term incentive compensationMore than one value recorded for this year — open the FDD source before comparing | $890,000 |
| 2025 | impairment of property and equipment | $677,449 |
| 2025 | royalties and other franchisee receivables | -$254,341 |
| 2025 | inventoriesMore than one value recorded for this year — open the FDD source before comparing | -$131,906 |
| 2025 | prepaid expenses and other assets | $1,859,689 |
| 2025 | accounts payable and accrued expenses | $4,930,406 |
| 2025 | lease costs in excess of cash payments | $172,531 |
| 2025 | other noncurrent liabilitiesMore than one value recorded for this year — open the FDD source before comparing | -$84,279 |
| 2025 | net cash flows provided by operating activities | $30,871,812 |
| 2025 | investing activities principal payments on sub-lease receivables | $456,265 |
| 2025 | proceeds from insurance | $793,683 |
| 2025 | net cash flows used in investing activities | -$39,973,407 |
| 2025 | financing activities member contributions | $15,600,000 |
| 2025 | payments of finance lease obligations | -$977,506 |
| 2025 | net cash flows provided by financing activities | $14,622,494 |
| 2025 | net change in cash and restricted cash | $5,520,899 |
| 2024 | office and other general and administrative expensesMore than one value recorded for this year — open the FDD source before comparing | $1,814,064 |
| 2024 | cost of salesMore than one value recorded for this year — open the FDD source before comparing | -$57,617,394 |
| 2024 | other noncurrent liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $1,769,005 |
| 2024 | other operating revenuesMore than one value recorded for this year — open the FDD source before comparing | $633,363 |
| 2024 | total franchisor revenuesMore than one value recorded for this year — open the FDD source before comparing | $21,331,429 |
| 2024 | long-term incentive compensationMore than one value recorded for this year — open the FDD source before comparing | $1,360,000 |
| 2024 | other expensesMore than one value recorded for this year — open the FDD source before comparing | -$37,613,279 |
| 2024 | professional and consulting fees and contract laborMore than one value recorded for this year — open the FDD source before comparing | $1,331,354 |
| 2024 | total other noncurrent assetsMore than one value recorded for this year — open the FDD source before comparing | $121,586,008 |
| 2024 | accounts payableMore than one value recorded for this year — open the FDD source before comparing | $3,632,314 |
| 2024 | total current assetsMore than one value recorded for this year — open the FDD source before comparing | $17,386,173 |
| 2024 | sub-lease receivables, net, less current portionMore than one value recorded for this year — open the FDD source before comparing | $11,213,415 |
| 2024 | goodwill, netMore than one value recorded for this year — open the FDD source before comparing | $11,627,690 |
| 2024 | advertising fund restricted cashMore than one value recorded for this year — open the FDD source before comparing | $3,534,105 |
| 2024 | prepaid expenses and other assets | -$1,163,033 |
| 2024 | lease costs in excess of cash payments | $132,799 |
| 2024 | interest incomeMore than one value recorded for this year — open the FDD source before comparing | $892,508 |
| 2024 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $9,204,390 |
| 2024 | goodwill, netMore than one value recorded for this year — open the FDD source before comparing | $11,627,690 |
| 2024 | other nonoperating income | -$70,319 |
| 2024 | net cash flows provided by operating activities | $21,076,066 |
| 2024 | net cash flows used in investing activities | -$24,953,797 |
| 2024 | payments of finance lease obligations | -$841,879 |
| 2024 | cash and restricted cash, beginning of year | $9,082,798 |
| 2024 | royalties and other franchisee receivables, netMore than one value recorded for this year — open the FDD source before comparing | $1,822,649 |
| 2024 | property and equipment, netMore than one value recorded for this year — open the FDD source before comparing | $47,042,098 |
| 2024 | royalties and other franchisee receivables | -$32,542 |
| 2024 | inventoriesMore than one value recorded for this year — open the FDD source before comparing | $2,295,519 |
| 2024 | total current assetsMore than one value recorded for this year — open the FDD source before comparing | $17,386,173 |
| 2024 | total franchisor revenuesMore than one value recorded for this year — open the FDD source before comparing | $20,636,426 |
| 2024 | long-term incentive compensationMore than one value recorded for this year — open the FDD source before comparing | $1,360,000 |
| 2024 | operating lease liabilities, less current portionMore than one value recorded for this year — open the FDD source before comparing | $60,497,346 |
| 2024 | total other noncurrent assetsMore than one value recorded for this year — open the FDD source before comparing | $121,586,008 |
| 2024 | accrued expenses and other current liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $15,552,540 |
| 2024 | finance lease liabilities, less current portionMore than one value recorded for this year — open the FDD source before comparing | $28,668,846 |
| 2024 | royalties and other franchise incomeMore than one value recorded for this year — open the FDD source before comparing | $10,689,134 |
| 2024 | advertising fund expensesMore than one value recorded for this year — open the FDD source before comparing | $8,513,929 |
| 2024 | cost of salesMore than one value recorded for this year — open the FDD source before comparing | -$57,617,394 |
| 2024 | other expensesMore than one value recorded for this year — open the FDD source before comparing | -$37,613,279 |
| 2024 | interest incomeMore than one value recorded for this year — open the FDD source before comparing | $892,508 |
| 2024 | total franchisor operating expensesMore than one value recorded for this year — open the FDD source before comparing | $28,958,232 |
| 2024 | general and administrative expenseMore than one value recorded for this year — open the FDD source before comparing | -$7,713,342 |
| 2024 | long-term incentive compensationMore than one value recorded for this year — open the FDD source before comparing | $1,360,000 |
| 2024 | office and other general and administrative expensesMore than one value recorded for this year — open the FDD source before comparing | $1,600,848 |
| 2024 | net gain on disposal of property and equipmentMore than one value recorded for this year — open the FDD source before comparing | $316,932 |
| 2024 | interest expenseMore than one value recorded for this year — open the FDD source before comparing | -$2,382,897 |
| 2024 | income | $9,586,049 |
| 2024 | cashMore than one value recorded for this year — open the FDD source before comparing | $4,748,614 |
| 2024 | royalties and other franchisee receivables, netMore than one value recorded for this year — open the FDD source before comparing | $1,822,649 |
| 2024 | inventoriesMore than one value recorded for this year — open the FDD source before comparing | $2,295,519 |
| 2024 | sub-lease receivables, net, current portionMore than one value recorded for this year — open the FDD source before comparing | $537,585 |
| 2024 | prepaid expenses and other current assetsMore than one value recorded for this year — open the FDD source before comparing | $4,447,701 |
| 2024 | property and equipment, netMore than one value recorded for this year — open the FDD source before comparing | $47,042,098 |
| 2024 | operating lease right-of-use assetsMore than one value recorded for this year — open the FDD source before comparing | $59,692,253 |
| 2024 | finance lease right-of-use assets, netMore than one value recorded for this year — open the FDD source before comparing | $19,120,574 |
| 2024 | intangible assets, netMore than one value recorded for this year — open the FDD source before comparing | $17,734,823 |
| 2024 | other noncurrent assets, netMore than one value recorded for this year — open the FDD source before comparing | $2,197,253 |
| 2024 | total assetsMore than one value recorded for this year — open the FDD source before comparing | $186,014,279 |
| 2024 | accrued expenses and other current liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $15,552,540 |
| 2024 | finance lease liabilities, current portionMore than one value recorded for this year — open the FDD source before comparing | $842,384 |
| 2024 | operating lease liabilities, current portionMore than one value recorded for this year — open the FDD source before comparing | $8,567,145 |
| 2024 | total current liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $28,594,383 |
| 2024 | finance lease liabilities, less current portionMore than one value recorded for this year — open the FDD source before comparing | $28,668,846 |
| 2024 | operating lease liabilities, less current portionMore than one value recorded for this year — open the FDD source before comparing | $60,497,346 |
| 2024 | total noncurrent liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $90,935,197 |
| 2024 | total liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $119,529,580 |
| 2024 | royalties and other franchise incomeMore than one value recorded for this year — open the FDD source before comparing | $10,689,134 |
| 2024 | advertising fund revenuesMore than one value recorded for this year — open the FDD source before comparing | $10,008,932 |
| 2024 | compensation and related employee benefitsMore than one value recorded for this year — open the FDD source before comparing | $8,169,529 |
| 2024 | franchise direct expensesMore than one value recorded for this year — open the FDD source before comparing | $803,670 |
| 2024 | advertising fund expensesMore than one value recorded for this year — open the FDD source before comparing | $9,208,932 |
| 2024 | depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing | $3,099,361 |
| 2024 | total franchisor operating expensesMore than one value recorded for this year — open the FDD source before comparing | $29,653,235 |
| 2024 | franchisor operating lossMore than one value recorded for this year — open the FDD source before comparing | -$8,321,806 |
| 2024 | net salesMore than one value recorded for this year — open the FDD source before comparing | $196,723,369 |
| 2024 | compensation and related employee benefitsMore than one value recorded for this year — open the FDD source before comparing | -$58,082,379 |
| 2024 | rent expenseMore than one value recorded for this year — open the FDD source before comparing | -$10,029,134 |
| 2024 | general and administrative expenseMore than one value recorded for this year — open the FDD source before comparing | -$7,713,342 |
| 2024 | depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing | -$6,135,174 |
| 2024 | net gain on disposal of property and equipmentMore than one value recorded for this year — open the FDD source before comparing | $316,932 |
| 2024 | loss on impaired property and equipmentMore than one value recorded for this year — open the FDD source before comparing | -$381,036 |
| 2024 | company-owned restaurant units operating incomeMore than one value recorded for this year — open the FDD source before comparing | $19,468,563 |
| 2024 | interest expenseMore than one value recorded for this year — open the FDD source before comparing | -$2,382,897 |
| 2024 | total other expense, netMore than one value recorded for this year — open the FDD source before comparing | -$1,560,708 |
| 2024 | income before provision for state income taxes | $9,586,049 |
| 2024 | provision for income taxesMore than one value recorded for this year — open the FDD source before comparing | $381,659 |
| 2024 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $9,204,390 |
| 2024 | credit loss expenseMore than one value recorded for this year — open the FDD source before comparing | $319,541 |
| 2024 | depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing | $10,644,665 |
| 2024 | long-term incentive compensationMore than one value recorded for this year — open the FDD source before comparing | $1,360,000 |
| 2024 | net gain on disposal of property and equipmentMore than one value recorded for this year — open the FDD source before comparing | -$316,932 |
| 2024 | impairment of property and equipmentMore than one value recorded for this year — open the FDD source before comparing | $381,036 |
| 2024 | inventoriesMore than one value recorded for this year — open the FDD source before comparing | $62,363 |
| 2024 | accounts payable and accrued expenses | $686,239 |
| 2024 | other noncurrent liabilitiesMore than one value recorded for this year — open the FDD source before comparing | -$202,460 |
| 2024 | investing activities principal payments on sub-lease receivables | $418,682 |
| 2024 | cash paid for business combinations | -$2,935,214 |
| 2024 | proceeds from insurance | $1,180,334 |
| 2024 | purchases of property and equipment | -$23,617,599 |
| 2024 | financing activities member contributions | $3,960,570 |
| 2024 | payments to related party | -$41,039 |
| 2024 | net cash flows provided by financing activities | $3,077,652 |
| 2024 | net change in cash and restricted cash | -$800,079 |
| 2024 | cash and restricted cash, end of year | $8,282,719 |
| 2024 | cashMore than one value recorded for this year — open the FDD source before comparing | $4,748,614 |
| 2024 | advertising fund restricted cashMore than one value recorded for this year — open the FDD source before comparing | $3,534,105 |
| 2024 | sub-lease receivables, net, current portionMore than one value recorded for this year — open the FDD source before comparing | $537,585 |
| 2024 | prepaid expenses and other current assetsMore than one value recorded for this year — open the FDD source before comparing | $4,447,701 |
| 2024 | sub-lease receivables, net, less current portionMore than one value recorded for this year — open the FDD source before comparing | $11,213,415 |
| 2024 | operating lease right-of-use assetsMore than one value recorded for this year — open the FDD source before comparing | $59,692,253 |
| 2024 | finance lease right-of-use assets, netMore than one value recorded for this year — open the FDD source before comparing | $19,120,574 |
| 2024 | intangible assets, netMore than one value recorded for this year — open the FDD source before comparing | $17,734,823 |
| 2024 | other noncurrent assets, netMore than one value recorded for this year — open the FDD source before comparing | $2,197,253 |
| 2024 | total assetsMore than one value recorded for this year — open the FDD source before comparing | $186,014,279 |
| 2024 | accounts payableMore than one value recorded for this year — open the FDD source before comparing | $3,632,314 |
| 2024 | finance lease liabilities, current portionMore than one value recorded for this year — open the FDD source before comparing | $842,384 |
| 2024 | operating lease liabilities, current portionMore than one value recorded for this year — open the FDD source before comparing | $8,567,145 |
| 2024 | total current liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $28,594,383 |
| 2024 | other noncurrent liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $1,769,005 |
| 2024 | total noncurrent liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $90,935,197 |
| 2024 | total liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $119,529,580 |
| 2024 | advertising fund revenuesMore than one value recorded for this year — open the FDD source before comparing | $9,313,929 |
| 2024 | other operating revenuesMore than one value recorded for this year — open the FDD source before comparing | $633,363 |
| 2024 | compensation and related employee benefitsMore than one value recorded for this year — open the FDD source before comparing | $8,101,177 |
| 2024 | franchise direct expensesMore than one value recorded for this year — open the FDD source before comparing | $640,666 |
| 2024 | professional and consulting fees and contract laborMore than one value recorded for this year — open the FDD source before comparing | $1,456,385 |
| 2024 | rent expenseMore than one value recorded for this year — open the FDD source before comparing | $2,456,195 |
| 2024 | amortization | $1,410,130 |
| 2024 | credit loss expenses | $319,541 |
| 2024 | depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing | $3,099,361 |
| 2024 | franchisor operating lossMore than one value recorded for this year — open the FDD source before comparing | -$8,321,806 |
| 2024 | net salesMore than one value recorded for this year — open the FDD source before comparing | $196,723,369 |
| 2024 | compensation and related employee benefitsMore than one value recorded for this year — open the FDD source before comparing | -$58,082,379 |
| 2024 | rent expenseMore than one value recorded for this year — open the FDD source before comparing | -$10,029,134 |
| 2024 | depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing | -$6,135,174 |
| 2024 | loss on impaired property and equipmentMore than one value recorded for this year — open the FDD source before comparing | -$381,036 |
| 2024 | company-owned restaurant units operating incomeMore than one value recorded for this year — open the FDD source before comparing | $19,468,563 |
| 2024 | other nonoperating | -$70,319 |
| 2024 | total other expense, netMore than one value recorded for this year — open the FDD source before comparing | -$1,560,708 |
| 2024 | provision for income taxesMore than one value recorded for this year — open the FDD source before comparing | $381,659 |
| 2024 | credit loss expenseMore than one value recorded for this year — open the FDD source before comparing | $319,541 |
| 2024 | depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing | $10,644,665 |
| 2024 | net loss | -$316,932 |
| 2024 | impairment of property and equipmentMore than one value recorded for this year — open the FDD source before comparing | $381,036 |
| 2023 | amortization | $1,382,955 |
| 2023 | inventoriesMore than one value recorded for this year — open the FDD source before comparing | $2,111,542 |
| 2023 | royalties and other franchisee receivables, net | $2,190,682 |
| 2023 | other noncurrent assets, net | $774,605 |
| 2023 | operating lease right-of-use assets | $61,688,172 |
| 2023 | operating lease liabilities, current portion | $8,018,220 |
| 2023 | total noncurrent liabilities | $95,846,043 |
| 2023 | royalties and other franchise income | $11,032,268 |
| 2023 | franchisor operating loss | -$5,611,978 |
| 2023 | net gain on disposal of property and equipment | $661,459 |
| 2023 | advance from related party | $1,798,401 |
| 2023 | income | -$1,034,008 |
| 2023 | provision for income taxes | $176,824 |
| 2023 | net cash flows provided by financing activities | $7,686,905 |
| 2023 | royalties and other franchisee receivables | $139,965 |
| 2023 | net cash flows provided by operating activities | $14,251,185 |
| 2023 | impairment of property and equipment | $1,091,046 |
| 2023 | investing activities principal payments on sub-lease receivables | $287,334 |
| 2023 | cash | $6,205,544 |
| 2023 | advertising fund restricted cash | $2,877,254 |
| 2023 | sub-lease receivables, net, current portion | $419,397 |
| 2023 | prepaid expenses and other current assets | $4,668,293 |
| 2023 | total current assets | $18,472,712 |
| 2023 | property and equipment, net | $26,877,866 |
| 2023 | sub-lease receivables, net, less current portion | $11,136,787 |
| 2023 | finance lease right-of-use assets, net | $20,269,253 |
| 2023 | intangible assets, net | $19,248,972 |
| 2023 | goodwill, net | $13,103,039 |
| 2023 | total other noncurrent assets | $126,220,828 |
| 2023 | total assets | $171,571,406 |
| 2023 | accounts payable | $6,237,793 |
| 2023 | accrued expenses and other current liabilities | $11,645,559 |
| 2023 | finance lease liabilities, current portion | $841,879 |
| 2023 | total current liabilities | $26,743,451 |
| 2023 | finance lease liabilities, less current portion | $29,511,230 |
| 2023 | operating lease liabilities, less current portion | $62,091,925 |
| 2023 | due to related party | $3,631,423 |
| 2023 | other noncurrent liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $611,465 |
| 2023 | total liabilities | $122,589,494 |
| 2023 | advertising fund revenues | $10,346,080 |
| 2023 | other operating revenues | $788,117 |
| 2023 | total franchisor revenues | $22,166,465 |
| 2023 | compensation and related employee benefitsMore than one value recorded for this year — open the FDD source before comparing | $6,902,152 |
| 2023 | franchise direct expenses | $556,098 |
| 2023 | professional and consulting fees and contract labor | $1,549,322 |
| 2023 | advertising fund expenses | $9,546,080 |
| 2023 | office and other general and administrative expenses | $2,389,302 |
| 2023 | rent expenseMore than one value recorded for this year — open the FDD source before comparing | $2,399,468 |
| 2023 | credit loss expenses | -$1,220 |
| 2023 | depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing | $3,054,286 |
| 2023 | total franchisor operating expenses | $27,778,443 |
| 2023 | net sales | $177,040,707 |
| 2023 | cost of sales | -$58,235,299 |
| 2023 | compensation and related employee benefitsMore than one value recorded for this year — open the FDD source before comparing | -$54,388,879 |
| 2023 | other expenses | -$34,038,345 |
| 2023 | rent expenseMore than one value recorded for this year — open the FDD source before comparing | -$10,666,907 |
| 2023 | general and administrative expense | -$8,824,443 |
| 2023 | depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing | -$4,553,321 |
| 2023 | loss on impaired property and equipment | -$1,091,046 |
| 2023 | company-owned restaurant units operating income | $5,903,926 |
| 2023 | interest income | $960,582 |
| 2023 | other nonoperating | $136,246 |
| 2023 | interest expense | -$2,422,784 |
| 2023 | total other expense, net | -$1,325,956 |
| 2023 | credit loss expense | -$1,220 |
| 2023 | depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing | $8,990,562 |
| 2023 | net loss | -$661,459 |
| 2023 | inventoriesMore than one value recorded for this year — open the FDD source before comparing | -$53,294 |
| 2023 | prepaid expenses and other assets | -$1,959,212 |
| 2023 | accounts payable and accrued expenses | $3,857,658 |
| 2023 | lease costs in excess of cash payments | $3,529,285 |
| 2023 | other noncurrent liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $528,686 |
| 2023 | cash paid for business combinations | -$2,202,655 |
| 2023 | proceeds from divestment | $1,136,230 |
| 2023 | proceeds from insurance | $1,285,488 |
| 2023 | proceeds from sale of property and equipment | $399,606 |
| 2023 | purchases of property and equipment | -$17,768,009 |
| 2023 | net cash flows used in investing activities | -$16,862,006 |
| 2023 | financing activities member contributions | $6,451,599 |
| 2023 | payments of finance lease obligations | -$563,095 |
| 2023 | net change in cash and restricted cash | $5,076,084 |
| 2023 | cash and restricted cash, beginning of year | $4,006,714 |
| — | member’s equity: 90,784,519 | $90,784,519 |
| — | total liabilities and member’s equity: 218,212,324 | $218,212,324 |
| — | asc 842 rent expense: 2,456,195 | $2,456,195 |
| — | asc 842 amortization: 1,410,130 | $1,410,130 |
| — | member’s equity: 66,484,699 | $66,484,699 |
| — | total liabilities and member’s equity: 186,014,279 | $186,014,279 |
| — | asc 842 rent expense: 2,416,217 | $2,416,217 |
| — | asc 842 amortization: 1,442,114 | $1,442,114 |
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.
At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Not reviewed
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.


