MN Filing 35456-202603-07
Franchise research report · reviewed 2026 disclosure data
Researching MN Filing 35456-202603-07 franchise opportunities? Every figure below is cited to the FDD.
Transworld Business Advisors franchises office-based businesses that assist buyers and sellers with the purchase and sale of existing businesses. Franchisees also provide franchise lead referrals and may assist business owners who want to establish a franchise system, operating within a designated marketing area.
Headline figures
MN Filing 35456-202603-07 quick facts
- Is MN Filing 35456-202603-07 a franchise?
- Yes. MN Filing 35456-202603-07 offers franchises through a Franchise Disclosure Document. At the end of 2025, it reported 466 franchised and 1 company-owned outlets (2026 FDD, Item 20, PDF p. 45).
- How much does it cost to open an MN Filing 35456-202603-07 franchise?
- The MN Filing 35456-202603-07 Franchise Disclosure Document reports an estimated initial investment of $114,040–$143,615 (2026 FDD, Item 7, PDF p. 22). This is the franchisor's disclosed estimate, not a quote. Details
- What is the MN Filing 35456-202603-07 initial franchise fee?
- The disclosed initial franchise fee for a standard single unit is $69,500 (2026 FDD, Item 5, PDF p. 16). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
- What ongoing fees does MN Filing 35456-202603-07 charge?
- The disclosed ongoing royalty is 10% (2026 FDD, Item 6, PDF p. 17). The brand or advertising fund contribution is $850 (2026 FDD, Item 6, PDF p. 17). Other recurring fees are listed in Item 6. Details
- Does MN Filing 35456-202603-07 disclose financial performance (Item 19)?
- Yes. The MN Filing 35456-202603-07 FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 44). Figures apply only to the locations and period each one covers. Details
- How many MN Filing 35456-202603-07 locations are there?
- The FDD reports 467 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 45). Existing locations do not indicate territory availability. Details
- Is MN Filing 35456-202603-07 a good franchise to buy?
- Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1Opening costs are estimated at $114,040 – $143,615 in the 2026 FDD (Item 7); several initial fee options apply.
- 2Item 19 covers 10 separate groups: revenue for 22 locations; revenue for 36 locations; revenue for 36 locations; revenue for 37 locations; revenue for 109 locations; revenue for 36 locations; revenue for 36 locations; revenue for 36 locations; revenue for 108 locations; revenue for 86 locations. They are not combined.
- 3Outlets grew by 12 in 2025, to 467 (United States, systemwide Table 1, 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. 22
Standard single-unit franchise fee
2026 FDD · Item 5 · PDF p. 16
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 on gross revenues up to $750,000Main ongoing fee
20 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?
10 separate populations, shown apart. Revenue is not owner income.
Locations counted: not stated in the reviewed record
Revenue · 22 locations
- Who is counted
- Franchisees without agents; calendar year 2025.
- Excluded
- Eligible US franchisees were open at least one full calendar year as of Dec. 31, 2025, performed brokerage services, and reported at least one month above the monthly minimum royalty; franchisees reporting only monthly minimum royalties in every month of 2025 were excluded.
- Method
- Average gross revenues for calendar year 2025, reported through franchise closing reports and affiliate profit-and-loss statement; not audited.
Locations counted: not stated in the reviewed record
Revenue · 36 locations
- Who is counted
- Franchisees and former affiliate combined, Top Third; calendar year 2025.
- Excluded
- Eligible US franchisees were open at least one full calendar year as of Dec. 31, 2025, performed brokerage services, and reported at least one month above the monthly minimum royalty; franchisees reporting only monthly minimum royalties in every month of 2025 were excluded.
- Method
- Average gross revenues for calendar year 2025, reported through franchise closing reports and affiliate profit-and-loss statement; not audited.
Locations counted: not stated in the reviewed record
Revenue · 36 locations
- Who is counted
- Franchisees and former affiliate combined, Middle Third; calendar year 2025.
- Excluded
- Eligible US franchisees were open at least one full calendar year as of Dec. 31, 2025, performed brokerage services, and reported at least one month above the monthly minimum royalty; franchisees reporting only monthly minimum royalties in every month of 2025 were excluded.
- Method
- Average gross revenues for calendar year 2025, reported through franchise closing reports and affiliate profit-and-loss statement; not audited.
Locations counted: not stated in the reviewed record
Revenue · 37 locations
- Who is counted
- Franchisees and former affiliate combined, Bottom Third; calendar year 2025.
- Excluded
- Eligible US franchisees were open at least one full calendar year as of Dec. 31, 2025, performed brokerage services, and reported at least one month above the monthly minimum royalty; franchisees reporting only monthly minimum royalties in every month of 2025 were excluded.
- Method
- Average gross revenues for calendar year 2025, reported through franchise closing reports and affiliate profit-and-loss statement; not audited.
Locations counted: not stated in the reviewed record
Revenue · 109 locations
- Who is counted
- Franchisees and former affiliate combined, all owners; calendar year 2025.
- Excluded
- Eligible US franchisees were open at least one full calendar year as of Dec. 31, 2025, performed brokerage services, and reported at least one month above the monthly minimum royalty; franchisees reporting only monthly minimum royalties in every month of 2025 were excluded.
- Method
- Average gross revenues for calendar year 2025, reported through franchise closing reports and affiliate profit-and-loss statement; not audited.
Locations counted: not stated in the reviewed record
Revenue · 36 locations
- Who is counted
- Franchisees only, Top Third; calendar year 2025.
- Excluded
- Eligible US franchisees were open at least one full calendar year as of Dec. 31, 2025, performed brokerage services, and reported at least one month above the monthly minimum royalty; franchisees reporting only monthly minimum royalties in every month of 2025 were excluded.
- Method
- Average gross revenues for calendar year 2025, reported through franchise closing reports and affiliate profit-and-loss statement; not audited.
Locations counted: not stated in the reviewed record
Revenue · 36 locations
- Who is counted
- Franchisees only, Middle Third; calendar year 2025.
- Excluded
- Eligible US franchisees were open at least one full calendar year as of Dec. 31, 2025, performed brokerage services, and reported at least one month above the monthly minimum royalty; franchisees reporting only monthly minimum royalties in every month of 2025 were excluded.
- Method
- Average gross revenues for calendar year 2025, reported through franchise closing reports and affiliate profit-and-loss statement; not audited.
Locations counted: not stated in the reviewed record
Revenue · 36 locations
- Who is counted
- Franchisees only, Bottom Third; calendar year 2025.
- Excluded
- Eligible US franchisees were open at least one full calendar year as of Dec. 31, 2025, performed brokerage services, and reported at least one month above the monthly minimum royalty; franchisees reporting only monthly minimum royalties in every month of 2025 were excluded.
- Method
- Average gross revenues for calendar year 2025, reported through franchise closing reports and affiliate profit-and-loss statement; not audited.
Locations counted: not stated in the reviewed record
Revenue · 108 locations
- Who is counted
- Franchisees only, all franchisees; calendar year 2025.
- Excluded
- Eligible US franchisees were open at least one full calendar year as of Dec. 31, 2025, performed brokerage services, and reported at least one month above the monthly minimum royalty; franchisees reporting only monthly minimum royalties in every month of 2025 were excluded.
- Method
- Average gross revenues for calendar year 2025, reported through franchise closing reports and affiliate profit-and-loss statement; not audited.
Locations counted: not stated in the reviewed record
Revenue · 86 locations
- Who is counted
- Franchisees with agents; calendar year 2025.
- Excluded
- Eligible US franchisees were open at least one full calendar year as of Dec. 31, 2025, performed brokerage services, and reported at least one month above the monthly minimum royalty; franchisees reporting only monthly minimum royalties in every month of 2025 were excluded.
- Method
- Average gross revenues for calendar year 2025, reported through franchise closing reports and affiliate profit-and-loss statement; not audited.
These groups are never combined.
Outlet Changes — Item 20
How has the outlet count changed?
United States, systemwide Table 1, as labeled in the FDD · counts as of December 31 of each year.
2026 FDD · Item 20 · PDF p. 45
Net +26 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 ($114,040 – $143,615) 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 455 to 467 in 2025. 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 (2026 FDD)
- [1]Estimated initial investment — Item 7 · PDF p. 22
- [2]Standard initial franchise fee — Item 5 · PDF p. 16
- [3]Item 19 — Locations counted not stated in the reviewed record — Franchisees without agents; calendar year 2025. · PDF p. 44
- [4]Item 19 — Locations counted not stated in the reviewed record — Franchisees and former affiliate combined, Top Third; calendar year 2025. · PDF p. 43
- [5]Item 19 — Locations counted not stated in the reviewed record — Franchisees and former affiliate combined, Middle Third; calendar year 2025. · PDF p. 43
- [6]Item 19 — Locations counted not stated in the reviewed record — Franchisees and former affiliate combined, Bottom Third; calendar year 2025. · PDF p. 43
- [7]Item 19 — Locations counted not stated in the reviewed record — Franchisees and former affiliate combined, all owners; calendar year 2025. · PDF p. 43
- [8]Item 19 — Locations counted not stated in the reviewed record — Franchisees only, Top Third; calendar year 2025. · PDF p. 43
- [9]Item 19 — Locations counted not stated in the reviewed record — Franchisees only, Middle Third; calendar year 2025. · PDF p. 43
- [10]Item 19 — Locations counted not stated in the reviewed record — Franchisees only, Bottom Third; calendar year 2025. · PDF p. 43
- [11]Item 19 — Locations counted not stated in the reviewed record — Franchisees only, all franchisees; calendar year 2025. · PDF p. 43
- [12]Item 19 — Locations counted not stated in the reviewed record — Franchisees with agents; calendar year 2025. · PDF p. 44
- [13]Outlet counts — Item 20, Table 1 · PDF p. 45
"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 | transworld business advisors, llc total assets | $3,065,371 |
| 2025 | transworld business advisors, llc total liabilities | $2,429,644 |
| 2025 | transworld business advisors, llc total income | $12,443,594 |
| 2025 | transworld business advisors, llc net income | $401,003 |
These figures describe the franchisor company, not individual franchise locations.
SBA-backed loans to franchisees
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Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
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At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
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.