
New York Fries
Franchise research report · reviewed 2025 disclosure data
Researching New York Fries franchise opportunities? Every figure below is cited to the FDD.
New York Fries franchise specializes in fresh-cut fries and premium poutine, operating locations across North America with a focus on quality ingredients and ma
Headline figures
Quick facts
- How much does it cost to open a New York Fries franchise?
- The New York Fries Franchise Disclosure Document reports an estimated initial investment of $450,000 (2025 FDD, Item 7, PDF p. 22). This is the franchisor's disclosed estimate, not a quote. Details
- What is the New York Fries initial franchise fee?
- The disclosed initial franchise fee for a standard single unit is $50 (2025 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 New York Fries charge?
- The disclosed ongoing royalty is $6 (2025 FDD, Item 6, PDF p. 17). The brand or advertising fund contribution is $3 (2025 FDD, Item 6, PDF p. 17). Other recurring fees are listed in Item 6. Details
- Does New York Fries disclose financial performance (Item 19)?
- No. The reviewed New York Fries FDD states that it does not make a financial performance representation in Item 19. Details
- How many New York Fries locations are there?
- The FDD reports 8 outlets at the end of 2024 (2025 FDD, Item 20, PDF p. 53). 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 $450,000 in the 2025 FDD (Item 7); several initial fee options apply.
- 2The franchisor makes no financial performance representation in Item 19.
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. 22
Standard single-unit franchise fee
2025 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.
- . Column 1 Type of Fee 1 Column 2 Amount Column 3 Due Date Column 4 Remarks Royalty — 6%Main 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?
No financial performance representation in Item 19
The reviewed 2025 FDD for New York Fries 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 December29,2024 of each year.
2025 FDD · Item 20 · PDF p. 53
Net +0 outlets, 2024–2024
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 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. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2025 Item 7 estimate ($450,000) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
New York Fries reports no financial performance figures in Item 19. What information can you share about unit-level results?
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 (2025 FDD)
- [1]Estimated initial investment — Item 7 · PDF p. 22
- [2]Standard initial franchise fee — Item 5 · PDF p. 16
- [3]Outlet counts — Item 20, Table 1 · PDF p. 53
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD
Territory & operations
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| 2024 | deferred tax asset | $34,797 |
| 2024 | total assets 2024 | $1,911,780 |
| 2024 | gift card liability 2024 | $177,690 |
| 2024 | stock based compensation 2024 | $3,561 |
| 2024 | restructuring expenses paid | -$5,994 |
| 2024 | current portion of other long-term liability | $17,683 |
| 2024 | net earnings 2024More than one value recorded for this year — open the FDD source before comparing | $90,836 |
| 2024 | other comprehensive loss 2024 | -$1,801 |
| 2024 | total current liabilities 2024 | $452,529 |
| 2024 | note payable to the keg royalties income fund | $57,000 |
| 2024 | deferred gain on sale of the keg rights | $144,411 |
| 2024 | assets current assets cash 2024 | $92,490 |
| 2024 | inventories | $62,337 |
| 2024 | franchise revenues | $196,173 |
| 2024 | brands and other assets | $555,513 |
| 2024 | selling, general and administrative expenses | -$719,613 |
| 2024 | interest and other income | $28,221 |
| 2024 | total gross revenue 2024 | $1,426,594 |
| 2024 | interest expense and other financing charges | -$59,305 |
| 2024 | change in fair value of non-controlling interest liability | $5,152 |
| 2024 | cost of inventories sold 2024 | -$553,982 |
| 2024 | impairment loss on restaurant assets, lease receivables, intangible assets, and goodwill, net of reversals | -$13,074 |
| 2024 | operating income 2024 | $143,766 |
| 2024 | earnings before change in fair value and income taxes 2024 | $112,625 |
| 2024 | deferred income tax | -$1,845 |
| 2024 | net defined benefit plan actuarial gain 2024 | $356 |
| 2024 | restructuring and other | $3,841 |
| 2024 | cumulative translation adjustment 2024 | -$2,157 |
| 2024 | earnings before income taxes 2024 | $123,249 |
| 2024 | change in fair value of exchangeable keg partnership units and keg royalty income fund units | $5,472 |
| 2024 | net earnings 2024More than one value recorded for this year — open the FDD source before comparing | $90,836 |
| 2024 | total comprehensive income, net of taxes 2024 | $89,035 |
| 2024 | share of loss from investment in joint ventures | -$57 |
| 2024 | current income tax expense | -$30,568 |
| 2024 | accounts receivable | $84,176 |
| 2024 | property, plant and equipment | $475,608 |
| 2024 | shareholders' equity common share capital | $983,969 |
| 2024 | goodwill | $204,884 |
| 2024 | income taxes payable 2024 | $8,164 |
| 2024 | investment in the keg limited partnership | $143,156 |
| 2024 | liabilities current liabilities accounts payable and accrued liabilities 2024 | $146,638 |
| 2024 | retained earnings 2024 | $102,398 |
| 2024 | lease liabilities | $430,363 |
| 2024 | provisions 2024More than one value recorded for this year — open the FDD source before comparing | $4,887 |
| 2024 | provisions 2024More than one value recorded for this year — open the FDD source before comparing | $1,632 |
| 2024 | net | -$1,245 |
| 2024 | settlement of non-controlling interest liability | -$7,272 |
| 2024 | current portion of lease liabilities | $100,722 |
| 2024 | amortization of deferred gain 2024 | -$1,890 |
| 2024 | long-term debt | $386,338 |
| 2024 | merger reserve | -$216,728 |
| 2024 | total liabilities 2024 | $1,617,162 |
| 2024 | in thousands of canadian dollars) cash from | $90,836 |
| 2024 | total shareholders' equity 2024 | $294,618 |
| 2024 | deferred tax liability | $103,143 |
| 2024 | depreciation and amortization 2024 | $97,914 |
| 2024 | accumulated other comprehensive loss 2024 | -$3,893 |
| 2024 | operating cash flow add-back: net impairment loss on restaurant assets, lease receivables, brands and other assets, and goodwill | $13,074 |
| 2024 | interest expense on long-term debt and note payable to the keg royalties income fund | $32,131 |
| 2024 | amalgamation reserve 2024 | -$571,128 |
| 2024 | total liabilities and equity 2024 | $1,911,780 |
| 2024 | share of loss from investment in joint ventures 2024 | $57 |
| 2024 | net interest expense on lease liabilities and receivables | $12,343 |
| 2024 | net gain on settlement of lease liabilities | -$55 |
| 2024 | net loss on early buyout/cancellation of equipment rental contracts 2024 | $44 |
| 2024 | income taxes paid 2024 | -$23,295 |
| 2024 | income taxes expense, net | $32,413 |
| 2024 | operating cash flow adjustment: change in fair value of exchangeable keg partnership units and krif units 2024 | -$5,472 |
| 2024 | change in cash during the period 2024 | $21,094 |
| 2024 | cash - end of period 2024 | $92,490 |
| 2024 | lease payments received 2024 | $40,842 |
| 2024 | repayment of long-term debt | -$128,491 |
| 2024 | cash flows used in financing activities 2024 | -$217,787 |
| 2024 | cash - beginning of period 2024 | $71,600 |
| 2024 | operating cash flow adjustment: change in fair value of non-controlling interest liability 2024 | -$5,152 |
| 2024 | other non-cash items 2024 | -$3,887 |
| 2024 | financing activities issuance of long-term debt | $46,000 |
| 2024 | dividends paid | -$4,400 |
| 2024 | foreign currency translation adjustment 2024 | -$204 |
| 2024 | net change in non-cash operating working capital | -$14,477 |
| 2024 | cash flows from | $25,247 |
| 2024 | cash flows from operating activities 2024 | $213,634 |
| 2024 | financing cash outflow: deferred financing costs 2024 | -$26 |
| 2024 | lease liabilities paid | -$99,803 |
| 2024 | interest paid on long-term debt and note payable 2024 | -$31,067 |
| 2024 | investing activities business buybacks, net of cash assumed 2024 | -$785 |
| 2024 | proceeds on disposal of property, plant and equipment 2024 | $13,359 |
| 2024 | purchase of property, plant and equipment | -$28,169 |
| 2024 | sales | $1,230,421 |
| 2024 | current taxes receivable 2024 | $150 |
| 2024 | total current assets 2024 | $305,298 |
| 2024 | prepaid expenses and other assets 2024 | $8,836 |
| 2024 | long-term receivables | $192,524 |
| 2024 | current portion of long-term receivables | $57,309 |
| 2024 | other long-term liabilities | $38,491 |
| 2023 | total assets 2023 | $1,951,351 |
| 2023 | gift card liability 2023 | $177,937 |
| 2023 | current portion of lease liabilities | $104,148 |
| 2023 | selling, general and administrative expenses | -$736,349 |
| 2023 | earnings before income taxes 2023 | $48,957 |
| 2023 | net defined benefit plan actuarial gain 2023 | $517 |
| 2023 | share of loss from investment in joint ventures | -$41 |
| 2023 | total gross revenue 2023 | $1,431,171 |
| 2023 | restructuring and other | -$5,875 |
| 2023 | change in fair value of non-controlling interest liability | -$3,601 |
| 2023 | deferred income tax | $1,257 |
| 2023 | current income tax expense | -$17,017 |
| 2023 | earnings before change in fair value and income taxes 2023 | $63,446 |
| 2023 | total comprehensive income, net of taxes 2023 | $31,955 |
| 2023 | franchise revenues | $198,477 |
| 2023 | impairment loss on restaurant assets, lease receivables, intangible assets, and goodwill, net of reversals | -$17,752 |
| 2023 | inventories | $62,953 |
| 2023 | cost of inventories sold 2023 | -$570,113 |
| 2023 | operating income 2023 | $101,082 |
| 2023 | interest and other income | $29,342 |
| 2023 | sales | $1,232,694 |
| 2023 | interest expense and other financing charges | -$66,937 |
| 2023 | change in fair value of exchangeable keg partnership units and keg royalty income fund units | -$10,888 |
| 2023 | net earnings 2023More than one value recorded for this year — open the FDD source before comparing | $33,197 |
| 2023 | other comprehensive loss 2023 | -$1,242 |
| 2023 | property, plant and equipment | $488,330 |
| 2023 | net earnings 2023More than one value recorded for this year — open the FDD source before comparing | $33,197 |
| 2023 | accounts receivable | $90,058 |
| 2023 | investment in the keg limited partnership | $137,390 |
| 2023 | cumulative translation adjustment 2023 | -$1,759 |
| 2023 | income taxes payable 2023 | $4,196 |
| 2023 | provisions 2023More than one value recorded for this year — open the FDD source before comparing | $1,913 |
| 2023 | deferred gain on sale of the keg rights | $146,301 |
| 2023 | retained earnings 2023 | $15,962 |
| 2023 | brands and other assets | $563,527 |
| 2023 | deferred tax asset | $38,847 |
| 2023 | total liabilities 2023 | $1,741,368 |
| 2023 | liabilities current liabilities accounts payable and accrued liabilities 2023 | $174,665 |
| 2023 | provisions 2023More than one value recorded for this year — open the FDD source before comparing | $4,745 |
| 2023 | current portion of long-term debt | $893 |
| 2023 | long-term debt | $467,178 |
| 2023 | merger reserve | -$216,728 |
| 2023 | total current liabilities 2023 | $479,576 |
| 2023 | net loss on early buyout/cancellation of equipment rental contracts 2023 | $482 |
| 2023 | net gain on settlement of lease liabilities | -$2,792 |
| 2023 | net | $329 |
| 2023 | interest expense on long-term debt and note payable to the keg royalties income fund | $40,192 |
| 2023 | stock based compensation 2023 | $3,876 |
| 2023 | note payable to the keg royalties income fund | $57,000 |
| 2023 | share of loss from investment in joint ventures 2023 | $41 |
| 2023 | lease liabilities | $434,344 |
| 2023 | accumulated other comprehensive loss 2023 | -$2,092 |
| 2023 | net interest expense on lease liabilities and receivables | $11,600 |
| 2023 | current portion of other long-term liability | $15,824 |
| 2023 | total liabilities and equity 2023 | $1,951,351 |
| 2023 | deferred tax liability | $105,374 |
| 2023 | amortization of deferred gain 2023 | -$1,890 |
| 2023 | lease termination fees received 2023 | $2,850 |
| 2023 | amalgamation reserve 2023 | -$571,128 |
| 2023 | in thousands of canadian dollars) cash from | $33,197 |
| 2023 | total shareholders' equity 2023 | $209,983 |
| 2023 | depreciation and amortization 2023 | $98,044 |
| 2023 | operating cash flow add-back: net impairment loss on restaurant assets, lease receivables, brands and other assets, and goodwill | $17,752 |
| 2023 | income taxes paid 2023 | -$15,097 |
| 2023 | restructuring expenses paid | -$3,410 |
| 2023 | income taxes expense, net | $15,760 |
| 2023 | other non-cash items 2023 | $8,356 |
| 2023 | lease payments received 2023 | $43,661 |
| 2023 | operating cash flow adjustment: change in fair value of exchangeable keg partnership units and krif units 2023 | $10,888 |
| 2023 | lease liabilities paid | -$100,077 |
| 2023 | proceeds on disposal of property, plant and equipment 2023 | $3,568 |
| 2023 | share redemption | -$100,000 |
| 2023 | operating cash flow adjustment: change in fair value of non-controlling interest liability 2023 | $3,601 |
| 2023 | change in cash during the period 2023 | -$67,452 |
| 2023 | cash - end of period 2023 | $71,600 |
| 2023 | financing activities issuance of long-term debt | $10,000 |
| 2023 | dividends paid | -$7,102 |
| 2023 | foreign currency translation adjustment 2023 | $56 |
| 2023 | cash flows from | -$3,632 |
| 2023 | financing cash outflow: deferred financing costs 2023 | -$189 |
| 2023 | interest paid on long-term debt and note payable 2023 | -$39,670 |
| 2023 | net change in non-cash operating working capital | $60,332 |
| 2023 | repayment of long-term debt | -$110,893 |
| 2023 | cash flows used in financing activities 2023 | -$347,931 |
| 2023 | cash - beginning of period 2023 | $138,996 |
| 2023 | investing activities business buybacks, net of cash assumed 2023 | $237 |
| 2023 | cash flows from operating activities 2023 | $284,111 |
| 2023 | purchase of property, plant and equipment | -$51,098 |
| 2023 | current portion of long-term receivables | $59,924 |
| 2023 | current taxes receivable 2023 | $3,411 |
| 2023 | total current assets 2023 | $299,094 |
| 2023 | long-term receivables | $209,536 |
| 2023 | assets current assets cash 2023 | $71,600 |
| 2023 | prepaid expenses and other assets 2023 | $11,148 |
| 2023 | shareholders' equity common share capital | $983,969 |
| 2023 | other long-term liabilities | $46,850 |
| 2023 | goodwill | $214,627 |
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
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. 55 · 2025 FDD
Our summary: Table 4 New York 2024 — End
“2024 0 2 0 0 0 2”
Note: This is a state-specific Item 20 row. This review permits only national/systemwide Total rows.
Item 21 · PDF p. 66 · 2025 FDD
Our summary: Goodwill (note 15) 2023
“Goodwill (note 15) ................................................................................................ 204,884 214,627”
Note: The cited value could not be confirmed in the 2023 column on PDF page 66.
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.

