ME
Massage Env
Franchise research report · reviewed 2026 disclosure data
Researching Massage Env franchise opportunities? Every figure below is cited to the FDD.
Reviewed sources
Massage Envy operates franchised wellness studios providing massage, assisted stretching, and skin-care services. Its customers are individuals seeking these services as part of personal care or wellness routines.
Headline figures
Quick facts
- How much does it cost to open a Massage Env franchise?
- The Massage Env Franchise Disclosure Document reports separate estimated initial investments by format: $2,500–$1,046,506 for initial investment expense — $2500 (2026 FDD, Item 7, PDF p. 32); $15,000–$1,046,506 for initial investment expense — $15000 (2026 FDD, Item 7, PDF p. 32). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
- What is the Massage Env initial franchise fee?
- The disclosed initial franchise fee for a standard single unit is $45,000 (2026 FDD, Item 5, PDF p. 26). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
- Does Massage Env disclose financial performance (Item 19)?
- Yes. The Massage Env FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 69). Figures apply only to the locations and period each one covers. Details
- How many Massage Env locations are there?
- The FDD reports 993 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 71). Existing locations do not indicate territory availability. Details
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1The 2026 FDD (Item 7) estimates opening costs separately by format: $2,500 – $1,046,506 (Initial investment expense — $2500); $15,000 – $1,046,506 (Initial investment expense — $15000); several initial fee options apply.
- 2Item 19 covers 20 separate groups: other measures and revenue for 989 Franchised locations; other measures for 989 Franchised locations; revenue and other measures for 989 Franchised locations; other measures for 247 Franchised locations; other measures for 247 Franchised locations; other measures for 247 Franchised locations; other measures for 248 Franchised locations; other measures for 989 Franchised locations; other measures for 47 Franchised locations; other measures for 47 Franchised locations; other measures for 48 Franchised locations; other measures for 189 Franchised locations; other measures for 495 Franchised locations; other measures for 332 Franchised locations; other measures for 80 Franchised locations; other measures for 20 Franchised locations; other measures and revenue for 989 Franchised locations; other measures and revenue for 989 Franchised locations; other measures for 989 Franchised locations; other measures for 62 Franchised locations. They are not combined.
- 3Outlets declined by 16 in 2025, to 993 (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
Range across 2 single-unit formats
2026 FDD · Item 7
Formats disclosed in Item 7 (2)
Each format has its own total. The total depends on the format you choose.
- Initial investment expense — $2500PDF p. 32$2,500 – $1,046,506
- Initial investment expense — $15000PDF p. 32$15,000 – $1,046,506
Standard single-unit franchise fee
2026 FDD · Item 5 · PDF p. 26
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.
35 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?
20 separate populations, shown apart. Revenue is not owner income.
Locations counted: not stated in the reviewed record
Revenue and other measures · 989 locations
- Who is counted
- Retail sales
- Method
- 989 network businesses; unaudited franchisee reports; same network exclusions as Tables 1 and 3.
Locations counted: not stated in the reviewed record
Other measures · 989 locations
- Who is counted
- Franchised Massage Envy Businesses, Table 4 Part C
- Method
- 989 network businesses; unaudited franchisee reports; same network exclusions as Tables 1 and 3.
Locations counted: not stated in the reviewed record
Revenue and other measures · 989 locations
- Who is counted
- Gift card sales
- Method
- 989 network businesses; unaudited franchisee reports; same network exclusions as Tables 1 and 3.
Locations counted: not stated in the reviewed record
Other measures · 247 locations
- Who is counted
- Network; Top Quartile
- Period
- Sample size
- Excluded
- Network excludes two 2025 new openings and two reopening after temporary closure at December 31, 2024; excludes outlets not active at end of 2025. Temporary in-year closures that resumed included.
- Method
- Unaudited franchisee reports; network 989; current format 189 at 2,300–2,800 square feet. Gross sales excludes tax/refunds/credits/tips; includes gift-card sales and third-party retained marketing amounts. No expenses deducted.
Locations counted: not stated in the reviewed record
Other measures · 247 locations
- Who is counted
- Network; 2nd Quartile
- Period
- Mean gross sales
- Excluded
- Network excludes two 2025 new openings and two reopening after temporary closure at December 31, 2024; excludes outlets not active at end of 2025. Temporary in-year closures that resumed included.
- Method
- Unaudited franchisee reports; network 989; current format 189 at 2,300–2,800 square feet. Gross sales excludes tax/refunds/credits/tips; includes gift-card sales and third-party retained marketing amounts. No expenses deducted.
Locations counted: not stated in the reviewed record
Other measures · 247 locations
- Who is counted
- Network; 3rd Quartile
- Period
- Mean gross sales
- Excluded
- Network excludes two 2025 new openings and two reopening after temporary closure at December 31, 2024; excludes outlets not active at end of 2025. Temporary in-year closures that resumed included.
- Method
- Unaudited franchisee reports; network 989; current format 189 at 2,300–2,800 square feet. Gross sales excludes tax/refunds/credits/tips; includes gift-card sales and third-party retained marketing amounts. No expenses deducted.
Locations counted: not stated in the reviewed record
Other measures · 248 locations
- Who is counted
- Network; Bottom Quartile
- Period
- Attaining/exceeding mean count
- Excluded
- Network excludes two 2025 new openings and two reopening after temporary closure at December 31, 2024; excludes outlets not active at end of 2025. Temporary in-year closures that resumed included.
- Method
- Unaudited franchisee reports; network 989; current format 189 at 2,300–2,800 square feet. Gross sales excludes tax/refunds/credits/tips; includes gift-card sales and third-party retained marketing amounts. No expenses deducted.
Locations counted: not stated in the reviewed record
Other measures · 989 locations
- Who is counted
- Network; Total:
- Period
- Mean gross sales
- Excluded
- Network excludes two 2025 new openings and two reopening after temporary closure at December 31, 2024; excludes outlets not active at end of 2025. Temporary in-year closures that resumed included.
- Method
- Unaudited franchisee reports; network 989; current format 189 at 2,300–2,800 square feet. Gross sales excludes tax/refunds/credits/tips; includes gift-card sales and third-party retained marketing amounts. No expenses deducted.
Locations counted: not stated in the reviewed record
Other measures · 47 locations
- Who is counted
- Current Format Businesses; Top Quartile
- Period
- Mean gross sales
- Excluded
- Network excludes two 2025 new openings and two reopening after temporary closure at December 31, 2024; excludes outlets not active at end of 2025. Temporary in-year closures that resumed included.
- Method
- Unaudited franchisee reports; network 989; current format 189 at 2,300–2,800 square feet. Gross sales excludes tax/refunds/credits/tips; includes gift-card sales and third-party retained marketing amounts. No expenses deducted.
Locations counted: not stated in the reviewed record
Other measures · 47 locations
- Who is counted
- Current Format Businesses; 3rd Quartile
- Period
- Mean gross sales
- Excluded
- Network excludes two 2025 new openings and two reopening after temporary closure at December 31, 2024; excludes outlets not active at end of 2025. Temporary in-year closures that resumed included.
- Method
- Unaudited franchisee reports; network 989; current format 189 at 2,300–2,800 square feet. Gross sales excludes tax/refunds/credits/tips; includes gift-card sales and third-party retained marketing amounts. No expenses deducted.
Locations counted: not stated in the reviewed record
Other measures · 48 locations
- Who is counted
- Current Format Businesses; Bottom Quartile
- Period
- Attaining/exceeding mean count
- Excluded
- Network excludes two 2025 new openings and two reopening after temporary closure at December 31, 2024; excludes outlets not active at end of 2025. Temporary in-year closures that resumed included.
- Method
- Unaudited franchisee reports; network 989; current format 189 at 2,300–2,800 square feet. Gross sales excludes tax/refunds/credits/tips; includes gift-card sales and third-party retained marketing amounts. No expenses deducted.
Locations counted: not stated in the reviewed record
Other measures · 189 locations
- Who is counted
- Current Format Businesses; Total:
- Period
- Attaining/exceeding mean count
- Excluded
- Network excludes two 2025 new openings and two reopening after temporary closure at December 31, 2024; excludes outlets not active at end of 2025. Temporary in-year closures that resumed included.
- Method
- Unaudited franchisee reports; network 989; current format 189 at 2,300–2,800 square feet. Gross sales excludes tax/refunds/credits/tips; includes gift-card sales and third-party retained marketing amounts. No expenses deducted.
Locations counted: not stated in the reviewed record
Other measures · 495 locations
- Who is counted
- Network by operating age; 15 - <20
- Period
- Mean gross sales
- Excluded
- Network excludes two 2025 new openings and two reopening after temporary closure at December 31, 2024; excludes outlets not active at end of 2025. Temporary in-year closures that resumed included.
- Method
- Unaudited franchisee reports; network 989; current format 189 at 2,300–2,800 square feet. Gross sales excludes tax/refunds/credits/tips; includes gift-card sales and third-party retained marketing amounts. No expenses deducted.
Locations counted: not stated in the reviewed record
Other measures · 332 locations
- Who is counted
- Network by operating age; 10 - <15
- Period
- Mean gross sales
- Excluded
- Network excludes two 2025 new openings and two reopening after temporary closure at December 31, 2024; excludes outlets not active at end of 2025. Temporary in-year closures that resumed included.
- Method
- Unaudited franchisee reports; network 989; current format 189 at 2,300–2,800 square feet. Gross sales excludes tax/refunds/credits/tips; includes gift-card sales and third-party retained marketing amounts. No expenses deducted.
Locations counted: not stated in the reviewed record
Other measures · 80 locations
- Who is counted
- Network by operating age; 5 - <10
- Period
- Attaining/exceeding mean count
- Excluded
- Network excludes two 2025 new openings and two reopening after temporary closure at December 31, 2024; excludes outlets not active at end of 2025. Temporary in-year closures that resumed included.
- Method
- Unaudited franchisee reports; network 989; current format 189 at 2,300–2,800 square feet. Gross sales excludes tax/refunds/credits/tips; includes gift-card sales and third-party retained marketing amounts. No expenses deducted.
Locations counted: not stated in the reviewed record
Other measures · 20 locations
- Who is counted
- Network by operating age; 2 - <5
- Period
- Mean gross sales
- Excluded
- Network excludes two 2025 new openings and two reopening after temporary closure at December 31, 2024; excludes outlets not active at end of 2025. Temporary in-year closures that resumed included.
- Method
- Unaudited franchisee reports; network 989; current format 189 at 2,300–2,800 square feet. Gross sales excludes tax/refunds/credits/tips; includes gift-card sales and third-party retained marketing amounts. No expenses deducted.
Locations counted: not stated in the reviewed record
Revenue and other measures · 989 locations
- Who is counted
- Packages and membership
- Method
- 989 network businesses; unaudited franchisee reports; same network exclusions as Tables 1 and 3.
Locations counted: not stated in the reviewed record
Revenue and other measures · 989 locations
- Who is counted
- Other revenue sources including guest fees and member extras
- Method
- 989 network businesses; unaudited franchisee reports; same network exclusions as Tables 1 and 3.
Locations counted: not stated in the reviewed record
Other measures · 989 locations
- Who is counted
- Franchised Massage Envy Businesses
- Method
- 989 network businesses; unaudited franchisee reports; same network exclusions as Tables 1 and 3.
Locations counted: not stated in the reviewed record
Other measures · 62 locations
- Who is counted
- Network by operating age; 20+
- Period
- Highest gross sales
- Excluded
- Network excludes two 2025 new openings and two reopening after temporary closure at December 31, 2024; excludes outlets not active at end of 2025. Temporary in-year closures that resumed included.
- Method
- Unaudited franchisee reports; network 989; current format 189 at 2,300–2,800 square feet. Gross sales excludes tax/refunds/credits/tips; includes gift-card sales and third-party retained marketing amounts. No expenses deducted.
These groups are never combined.
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. 71
Net −60 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 ($2,500 – $1,046,506) 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 1,009 to 993 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]Standard initial franchise fee — Item 5 · PDF p. 26
- [2]Item 19 — Locations counted not stated in the reviewed record — Retail sales · PDF p. 69
- [3]Item 19 — Locations counted not stated in the reviewed record — Franchised Massage Envy Businesses, Table 4 Part C · PDF p. 69
- [4]Item 19 — Locations counted not stated in the reviewed record — Gift card sales · PDF p. 69
- [5]Item 19 — Locations counted not stated in the reviewed record — Network; Top Quartile · PDF p. 67
- [6]Item 19 — Locations counted not stated in the reviewed record — Network; 2nd Quartile · PDF p. 67
- [7]Item 19 — Locations counted not stated in the reviewed record — Network; 3rd Quartile · PDF p. 67
- [8]Item 19 — Locations counted not stated in the reviewed record — Network; Bottom Quartile · PDF p. 67
- [9]Item 19 — Locations counted not stated in the reviewed record — Network; Total: · PDF p. 67
- [10]Item 19 — Locations counted not stated in the reviewed record — Current Format Businesses; Top Quartile · PDF p. 67
- [11]Item 19 — Locations counted not stated in the reviewed record — Current Format Businesses; 3rd Quartile · PDF p. 67
- [12]Item 19 — Locations counted not stated in the reviewed record — Current Format Businesses; Bottom Quartile · PDF p. 67
- [13]Item 19 — Locations counted not stated in the reviewed record — Current Format Businesses; Total: · PDF p. 67
- [14]Item 19 — Locations counted not stated in the reviewed record — Network by operating age; 15 - <20 · PDF p. 68
- [15]Item 19 — Locations counted not stated in the reviewed record — Network by operating age; 10 - <15 · PDF p. 68
- [16]Item 19 — Locations counted not stated in the reviewed record — Network by operating age; 5 - <10 · PDF p. 68
- [17]Item 19 — Locations counted not stated in the reviewed record — Network by operating age; 2 - <5 · PDF p. 68
- [18]Item 19 — Locations counted not stated in the reviewed record — Packages and membership · PDF p. 68
- [19]Item 19 — Locations counted not stated in the reviewed record — Other revenue sources including guest fees and member extras · PDF p. 69
- [20]Item 19 — Locations counted not stated in the reviewed record — Franchised Massage Envy Businesses · PDF p. 69
- [21]Item 19 — Locations counted not stated in the reviewed record — Network by operating age; 20+ · PDF p. 68
- [22]Outlet counts — Item 20, Table 1 · PDF p. 71
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.
Territory & operations
1,018 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 |
|---|---|---|
| 2026 | assets current assets cash | $1,851,904 |
| 2026 | prepaid expenses and other current assets | $148,333 |
| 2026 | total current assets | $4,613,350 |
| 2026 | other assets | $418,745 |
| 2026 | intangible assets, net | $83,984,754 |
| 2026 | liabilities and member's equity current liabilities accounts payable | $383,131 |
| 2026 | other accrued expenses | $1,076,611 |
| 2026 | long-term liabilities deferred revenue, net of current portion | $6,000,675 |
| 2026 | total long-term liabilities | $6,000,675 |
| 2026 | total liabilities | $8,860,793 |
| 2026 | total member's equity | $80,156,056 |
| 2026 | total liabilities and member's equity | $89,016,849 |
| 2026 | franchise fees | $389,805 |
| 2026 | technology fees | $3,335,547 |
| 2026 | referral fees | $1,456,683 |
| 2026 | total revenues | $23,179,363 |
| 2026 | cost of revenues regional developer royalties | $1,256,433 |
| 2026 | other cost of sales | $1,690,825 |
| 2026 | receivables, net of allowance | $2,613,113 |
| 2026 | other revenues | $253,700 |
| 2026 | regional developer commissions | $48,713 |
| 2026 | member's equity member's equity | $80,156,056 |
| 2026 | net income | $11,643,326 |
| 2026 | total cost of revenues | $2,995,971 |
| 2026 | current portion of deferred revenue | $1,400,376 |
| 2026 | other general and administrative expenses | $9,020 |
| 2026 | total assets | $89,016,849 |
| 2026 | amortization of intangible assets | $5,126,680 |
| 2026 | total current liabilities | $2,860,118 |
| 2026 | royalty fees | $17,743,628 |
| 2026 | gross profit | $20,183,392 |
| 2026 | general and administrative expenses management fees paid to affiliate | $3,404,366 |
| 2026 | total general and administrative expenses | $8,540,066 |
| 2025 | assets current assets cash | $3,982,303 |
| 2025 | prepaid expenses and other current assets | $167,331 |
| 2025 | total current assets | $5,313,453 |
| 2025 | intangible assets, net | $89,111,434 |
| 2025 | total assets | $94,862,291 |
| 2025 | other accrued expensesMore than one value recorded for this year — open the FDD source before comparing | $702,795 |
| 2025 | current portion of deferred revenue | $1,468,086 |
| 2025 | total current liabilities | $2,554,556 |
| 2025 | total long-term liabilities | $6,117,784 |
| 2025 | member's equity member's equity | $86,189,951 |
| 2025 | total member's equity | $86,189,951 |
| 2025 | total liabilities and member's equity | $94,862,291 |
| 2025 | franchise fees | $1,835,770 |
| 2025 | technology fees | $13,457,449 |
| 2025 | referral fees | $6,228,917 |
| 2025 | cost of revenues regional developer royalties | $5,169,086 |
| 2025 | regional developer commissions | $264,851 |
| 2025 | total cost of revenues | $12,323,850 |
| 2025 | general and administrative expenses management fees paid to affiliate | $13,890,317 |
| 2025 | amortization of intangible assetsMore than one value recorded for this year — open the FDD source before comparing | $21,475,413 |
| 2025 | total general and administrative expenses | $35,403,792 |
| 2025 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $47,629,792 |
| 2025 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $47,629,792 |
| 2025 | amortization of intangible assetsMore than one value recorded for this year — open the FDD source before comparing | $21,475,413 |
| 2025 | receivables | $1,793,983 |
| 2025 | accounts payable | -$14,634 |
| 2025 | other accrued expensesMore than one value recorded for this year — open the FDD source before comparing | -$543,126 |
| 2025 | net cash provided by operating activities | $70,803,510 |
| 2025 | purchases of other intangible assets | -$750,000 |
| 2025 | net cash used in investing activities | -$750,000 |
| 2025 | contributions from member | $750,000 |
| 2025 | distributions to member | -$69,209,750 |
| 2025 | net cash used in financing activities | -$68,459,750 |
| 2025 | cash at beginning of year | $2,388,543 |
| 2025 | cash at end of year | $3,982,303 |
| 2025 | receivables, net of allowance | $1,163,819 |
| 2025 | long-term liabilities deferred revenue, net of current portion | $6,117,784 |
| 2025 | liabilities and member's equity current liabilities accounts payable | $383,675 |
| 2025 | total revenues | $95,357,434 |
| 2025 | other cost of sales | $6,889,913 |
| 2025 | prepaid expenses and other assets | $185,185 |
| 2025 | other assets | $437,404 |
| 2025 | total liabilities | $8,672,340 |
| 2025 | royalty fees | $72,811,118 |
| 2025 | net increase | $1,593,760 |
| 2025 | gross profit | $83,033,584 |
| 2025 | other general and administrative expenses | $38,062 |
| 2025 | deferred revenues | $276,897 |
| 2025 | other revenues | $1,024,180 |
| 2024 | assets current assets cash | $2,388,543 |
| 2024 | receivables, net of allowance | $2,957,802 |
| 2024 | prepaid expenses and other current assets | $235,110 |
| 2024 | total current assets | $5,581,455 |
| 2024 | other assets | $554,810 |
| 2024 | total assets | $115,973,112 |
| 2024 | liabilities and member's equity current liabilities accounts payable | $398,309 |
| 2024 | other accrued expensesMore than one value recorded for this year — open the FDD source before comparing | $1,245,921 |
| 2024 | total current liabilities | $3,162,114 |
| 2024 | long-term liabilities deferred revenue, net of current portion | $5,791,089 |
| 2024 | total long-term liabilities | $5,791,089 |
| 2024 | member's equity member's equity | $107,019,909 |
| 2024 | total liabilities and member's equity | $115,973,112 |
| 2024 | royalty fees | $71,883,931 |
| 2024 | technology fees | $13,876,064 |
| 2024 | referral fees | $5,616,810 |
| 2024 | other revenues | $1,058,385 |
| 2024 | total revenues | $94,884,127 |
| 2024 | regional developer commissions | $358,073 |
| 2024 | other cost of sales | $7,354,738 |
| 2024 | amortization of intangible assetsMore than one value recorded for this year — open the FDD source before comparing | $21,521,503 |
| 2024 | other general and administrative expenses | $45,081 |
| 2024 | total general and administrative expenses | $35,545,544 |
| 2024 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $46,254,690 |
| 2024 | amortization of intangible assetsMore than one value recorded for this year — open the FDD source before comparing | $21,521,503 |
| 2024 | receivables | -$585,026 |
| 2024 | prepaid expenses and other assets | $333,739 |
| 2024 | accounts payable | $153,239 |
| 2024 | other accrued expensesMore than one value recorded for this year — open the FDD source before comparing | $374,459 |
| 2024 | deferred revenues | -$1,292,159 |
| 2024 | net cash provided by operating activities | $66,760,445 |
| 2024 | distributions to member | -$67,033,794 |
| 2024 | net cash used in financing activities | -$67,033,794 |
| 2024 | net increase | -$273,349 |
| 2024 | cash at beginning of year | $2,661,892 |
| 2024 | intangible assets, net | $109,836,847 |
| 2024 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $46,254,690 |
| 2024 | total member's equity | $107,019,909 |
| 2024 | general and administrative expenses management fees paid to affiliate | $13,978,960 |
| 2024 | franchise fees | $2,448,937 |
| 2024 | cost of revenues regional developer royalties | $5,371,082 |
| 2024 | total cost of revenues | $13,083,893 |
| 2024 | cash at end of year | $2,388,543 |
| 2024 | current portion of deferred revenue | $1,517,884 |
| 2024 | gross profit | $81,800,234 |
| 2024 | total liabilities | $8,953,203 |
| 2023 | royalty fees | $71,458,243 |
| 2023 | franchise fees | $2,108,191 |
| 2023 | other revenues | $1,101,129 |
| 2023 | total revenues | $97,623,497 |
| 2023 | cost of revenues regional developer royalties | $5,441,345 |
| 2023 | regional developer commissions | $453,634 |
| 2023 | other cost of sales | $8,133,679 |
| 2023 | gross profit | $83,594,839 |
| 2023 | general and administrative expenses management fees paid to affiliate | $13,855,052 |
| 2023 | amortization of intangible assetsMore than one value recorded for this year — open the FDD source before comparing | $21,504,314 |
| 2023 | other general and administrative expenses | $203,171 |
| 2023 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $48,032,302 |
| 2023 | receivables | -$301,120 |
| 2023 | prepaid expenses and other assets | $397,968 |
| 2023 | other accrued expenses | $99,634 |
| 2023 | purchases of other intangible assets | -$1,800,000 |
| 2023 | contributions from member | $1,800,000 |
| 2023 | cash at beginning of year | $2,947,735 |
| 2023 | cash at end of year | $2,661,892 |
| 2023 | distributions to member | -$68,737,359 |
| 2023 | total general and administrative expenses | $35,562,537 |
| 2023 | accounts payable | -$30,116 |
| 2023 | net cash provided by operating activities | $68,451,516 |
| 2023 | total cost of revenues | $14,028,658 |
| 2023 | amortization of intangible assetsMore than one value recorded for this year — open the FDD source before comparing | $21,504,314 |
| 2023 | technology fees | $15,297,984 |
| 2023 | referral fees | $7,657,950 |
| 2023 | net cash used in investing activities | -$1,800,000 |
| 2023 | net cash used in financing activities | -$66,937,359 |
| 2023 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $48,032,302 |
| 2023 | deferred revenues | -$1,251,466 |
| 2023 | net increase | -$285,843 |
These figures describe the franchisor company, not individual franchise locations.
SBA-backed loans to franchisees
Loading…
Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
Related research
Brands in the same subcategory first, then the wider industry, ordered by shared business format and overlapping investment range. This is not a ranking or recommendation.
Head-to-head comparisons
At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Reader notes on wording
Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.
Item 20 · PDF p. 80 · 2026 FDD
Our summary: Table 3 Washington 2025 — Opened
“2025 19 0 0 0 0 1 18”
Note: This Item 20 claim is state-specific; the permitted review scope is national/systemwide Total rows only.
Item 20 · PDF p. 80 · 2026 FDD
Our summary: Table 3 Washington 2025 — Nonrenewals
“2025 19 0 0 0 0 1 18”
Note: The full page shows this as a non-Total Item 20 category or a state-level row; the review scope permits only national/systemwide Total rows.
Item 20 · PDF p. 80 · 2026 FDD
Our summary: Table 3 Washington 2025 — Terminations
“2025 19 0 0 0 0 1 18”
Note: This Item 20 claim is state-specific; the permitted review scope is national/systemwide Total rows only.
Item 20 · PDF p. 80 · 2026 FDD
Our summary: Table 3 Washington 2025 — Reacquired by franchisor
“2025 19 0 0 0 0 1 18”
Note: The full page shows this as a non-Total Item 20 category or a state-level row; the review scope permits only national/systemwide Total rows.
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.