Milkshake Factory
Milkshake Factory Franchise, LLC · reviewed 2025 disclosure data
- Franchising since
- 2023 Source: franchise.org
- Headquarters
- Ann Arbor, MI United States Source: franchise.org
Milkshake Factory franchise specializes in premium handcrafted milkshakes, offering creative flavors and customizable options that appeal to dessert lovers of a
Headline figures
What the disclosures show
- 1Opening costs are estimated at $510,492 – $772,548 in the 2025 FDD (Item 7); several initial fee options apply.
- 2Item 19 includes reviewed figures, but which locations they cover is not recorded yet.
- 3Outlets grew by 4 in 2024, to 14 (Coverage not stated in the reviewed record, 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
2025 FDD · Item 7 · PDF p. 18
Formats disclosed in Item 7 (2)
Each format has its own total. The total depends on the format you choose; multi-unit packages are listed but not included in the headline range.
- TOTAL Single-Unit RestaurantPDF p. 18$510,492 – $772,548
- TOTAL Multi-Unit Development Agreement - Three ShopsMulti-unitPDF p. 21$585,492 – $847,548
Standard single-unit franchise fee
2025 FDD · Item 5 · PDF p. 8
Discounted and multi-unit options are separate; see all fees.
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
- Royalty FeeMain ongoing fee
30 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
One reported population. Revenue is not owner income.
Locations counted: not stated in the reviewed record
Revenue and other measures
- Period
- first three months of operations
Outlet Changes — Item 20
How has the outlet count changed?
Coverage not stated in the reviewed record · counts as of year end of each year.
2025 FDD · Item 20 · PDF p. 56
Net +5 outlets, 2022–2024
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 2024 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. Create a free account to save questions to your research.
For the franchisor
Which line items in the 2025 Item 7 estimate ($510,492 – $772,548) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Which locations are included in the Item 19 figures, and which were excluded?
Reported units went from 10 to 14 in 2024. How many new units opened, closed or changed hands?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
How do your results compare with the Item 19 figures, and what explains the difference?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2025 FDD)
- [1]Estimated initial investment — Item 7 · PDF p. 18
- [2]Standard initial franchise fee — Item 5 · PDF p. 8
- [3]Item 19 — Locations counted not stated in the reviewed record · PDF p. 52; PDF p. 54; PDF p. 51
- [4]Outlet counts — Item 20, Table 1 · PDF p. 56
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: GetFDD listing
Territory & operations
47 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
Bankruptcy disclosed
Initial term
Franchisor financial statements
No verified franchisor financial statement figures have been reviewed yet.
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.
Related research
Brands in the same broad industry. Businesses in one industry are not always directly comparable. This is not a ranking or recommendation.
Compare reviewed facts
At a glance
Business history
Owner participation
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Agreement term
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 6 · PDF p. 15 · 2025 FDD
Our summary: Convention Attendance (per non-attendance infraction)
“Currently, $1,000”
Note: Page null: 'currently, $1,000' is registration owed even without attendance, not a separate non-attendance penalty.
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.