
The Original Pancake House
Franchise research report · reviewed 2026 disclosure data
Researching The Original Pancake House franchise opportunities? Every figure below is cited to the FDD.
- Headquarters
- Oregon Source: franchisedepth.com
The Original Pancake House franchise specializes in traditional breakfast fare, serving made-from-scratch pancakes, waffles, and omelets with recipes dating bac
Headline figures
The Original Pancake House quick facts
- Is The Original Pancake House a franchise?
- Yes. The Original Pancake House offers franchises through a Franchise Disclosure Document. At the end of 2025, it reported 150 franchised and 1 company-owned outlets (2026 FDD, Item 20, PDF p. 38).
- How much does it cost to open a The Original Pancake House franchise?
- The The Original Pancake House Franchise Disclosure Document reports separate estimated initial investments by format: $482,500 for months (note 7) $52,500 to $125,000 as incurred as incurred third parties total (note 8) — 482500 (2026 FDD, Item 7, PDF p. 14); $542,500 for aurant $482,500 to $1,666,250 as incurred as incurred us and third parties total (note 8) — 542500 (2026 FDD, Item 7, PDF p. 14). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
- What is the The Original Pancake House initial franchise fee?
- The disclosed initial franchise fee for a standard single unit is $60,000 (2026 FDD, Item 5, PDF p. 11). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
- What ongoing fees does The Original Pancake House charge?
- The disclosed ongoing royalty is $2,500 See Item 11) Transfer Fee 1/ — 2500 (2026 FDD, Item 6, PDF p. 11). The brand or advertising fund contribution is $2,500 See Item 11) Transfer Fee 1/ — 2500 (2026 FDD, Item 6, PDF p. 11). Other recurring fees are listed in Item 6. Details
- Does The Original Pancake House disclose financial performance (Item 19)?
- No. The reviewed The Original Pancake House FDD states that it does not make a financial performance representation in Item 19. Details
- How many The Original Pancake House locations are there?
- The FDD reports 151 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 38). Existing locations do not indicate territory availability. Details
- Is The Original Pancake House a good franchise to buy?
- Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 makes no financial performance representation, so ask current owners about results; 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
- 1The 2026 FDD (Item 7) estimates opening costs separately by format: $482,500 (months (Note 7) $52,500 to $125,000 As incurred As incurred Third parties Total (Note 8) — 482500); $542,500 (aurant $482,500 to $1,666,250 As incurred As incurred Us and third parties Total (Note 8) — 542500); several initial fee options apply.
- 2The franchisor makes no financial performance representation in Item 19.
- 3Outlets grew by 4 in 2025, to 151 (Worldwide including Japan/Korea, 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.
- months (Note 7) $52,500 to $125,000 As incurred As incurred Third parties Total (Note 8) — 482500PDF p. 14$482,500
- aurant $482,500 to $1,666,250 As incurred As incurred Us and third parties Total (Note 8) — 542500PDF p. 14$542,500
Standard single-unit franchise fee
2026 FDD · Item 5 · PDF p. 11
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 fee We do not currently charge an advertising fee.Main ongoing fee
26 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 The Original Pancake House 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?
Worldwide including Japan/Korea, as labeled in the FDD · counts as of 2025-12-31 of each year.
2026 FDD · Item 20 · PDF p. 38
Net +4 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 ($482,500 – $542,500) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
The Original Pancake House reports no financial performance figures in Item 19. What information can you share about unit-level results?
Reported units went from 147 to 151 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?
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. 11
- [2]Outlet counts — Item 20, Table 1 · PDF p. 38
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD
Territory & operations
161 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 | cash and cash equivalentsMore than one value recorded for this year — open the FDD source before comparing | $352,112 |
| 2025 | cash - payroll tax holdingMore than one value recorded for this year — open the FDD source before comparing | $4,523 |
| 2025 | merchandise sales | $55,643 |
| 2025 | inventoryMore than one value recorded for this year — open the FDD source before comparing | $2,842 |
| 2025 | prepaid insurance | $64,152 |
| 2025 | prepaid expensesMore than one value recorded for this year — open the FDD source before comparing | $30,867 |
| 2025 | accumulated depreciation | -$70,200 |
| 2025 | net equipment | $78,797 |
| 2025 | franchise territory | $1,000 |
| 2025 | total intangible asset | $1,000 |
| 2025 | total assets | $1,171,420 |
| 2025 | accounts payable - tradeMore than one value recorded for this year — open the FDD source before comparing | $73,022 |
| 2025 | total current liabilities | $167,545 |
| 2025 | paid in capital | $226,719 |
| 2025 | retained earnings | $691,581 |
| 2025 | total stockholders' equity | $1,003,875 |
| 2025 | total liabilities and stockholders' equity | $1,171,420 |
| 2025 | cost of goods sold | -$485,520 |
| 2025 | gross profit on sales of merchandise | -$13,243 |
| 2025 | royalty fees | $6,199,868 |
| 2025 | initial franchise fees | $273,400 |
| 2025 | miscellaneous | $5,870 |
| 2025 | total operating revenue | $6,465,895 |
| 2025 | officers' salaries | $1,043,909 |
| 2025 | other salaries and wages | $233,600 |
| 2025 | other taxes | $287,434 |
| 2025 | bank charges | $1,250 |
| 2025 | dues and subscriptions | $2,639 |
| 2025 | insurance | $106,395 |
| 2025 | internet | $777 |
| 2025 | legal | $43,942 |
| 2025 | office/printing/postage expense | $4,770 |
| 2025 | repairs and maintenance | $1,165 |
| 2025 | storage | $2,010 |
| 2025 | miscellaneous/gifts | $3,831 |
| 2025 | telephone | $20,000 |
| 2025 | bad debt expense | $4,605 |
| 2025 | depreciation and amortization | $7,119 |
| 2025 | total operating expenses | $2,045,476 |
| 2025 | income from operations | $4,420,419 |
| 2025 | payroll reimbursement | $30,240 |
| 2025 | total other income | $30,240 |
| 2025 | net income | $4,450,659 |
| 2025 | distributions to stockholders | -$4,309,969 |
| 2025 | retained earnings, end of year | $691,581 |
| 2025 | cash flows from operating activities net income | $4,450,659 |
| 2025 | depreciation | $7,119 |
| 2025 | royalty fees receivables | $13,027 |
| 2025 | inventoryMore than one value recorded for this year — open the FDD source before comparing | $55,258 |
| 2025 | prepaid expensesMore than one value recorded for this year — open the FDD source before comparing | -$36,165 |
| 2025 | accounts payable - tradeMore than one value recorded for this year — open the FDD source before comparing | -$3,409 |
| 2025 | cash flows from financing activities distributions to stockholders | -$4,309,969 |
| 2025 | net change in cash | $163,056 |
| 2025 | cash, beginning of year | $193,579 |
| 2025 | cash and cash equivalentsMore than one value recorded for this year — open the FDD source before comparing | $352,112 |
| 2025 | cash - payroll tax holdingMore than one value recorded for this year — open the FDD source before comparing | $4,523 |
| 2025 | equipment | $148,997 |
| 2025 | travel and lodging | $4,725 |
| 2025 | franchise merchandise sales | $472,277 |
| 2025 | deferred franchise fee revenues | $90,000 |
| 2025 | training facility | $140,000 |
| 2025 | retained earnings, beginning of year | $550,891 |
| 2025 | payroll liabilitiesMore than one value recorded for this year — open the FDD source before comparing | -$33 |
| 2025 | other professional fees | $3,723 |
| 2025 | cash, end of year | $356,635 |
| 2025 | payroll liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $4,523 |
| 2025 | payroll taxes | $85,375 |
| 2025 | royalty fees, net | $581,484 |
| 2025 | accounting | $39,406 |
| 2025 | auto expense | $6,495 |
| 2025 | license, fees, permits | $285 |
| 2025 | website hosting | $429 |
| 2025 | accounts receivable - merchandise sales | -$13,431 |
| 2025 | common stock | $85,575 |
| 2025 | franchisee meeting | $1,592 |
| 2025 | net cash providedMore than one value recorded for this year — open the FDD source before comparing | $4,473,025 |
| 2025 | total current assets | $1,091,623 |
| 2025 | net cash providedMore than one value recorded for this year — open the FDD source before comparing | -$4,309,969 |
| 2024 | cash and cash equivalentsMore than one value recorded for this year — open the FDD source before comparing | $193,579 |
| 2024 | royalty fees, net | $594,511 |
| 2024 | merchandise sales | $42,212 |
| 2024 | prepaid insurance | $58,854 |
| 2024 | total current assets | $947,256 |
| 2024 | equipment | $148,997 |
| 2024 | accumulated depreciation | -$63,081 |
| 2024 | franchise territory | $1,000 |
| 2024 | total assets | $1,034,172 |
| 2024 | accounts payable - tradeMore than one value recorded for this year — open the FDD source before comparing | $76,431 |
| 2024 | deferred franchise fee revenues | $90,000 |
| 2024 | total current liabilities | $170,987 |
| 2024 | common stock | $85,575 |
| 2024 | paid in capital | $226,719 |
| 2024 | retained earnings | $550,891 |
| 2024 | total stockholders' equity | $863,185 |
| 2024 | cost of goods sold | -$568,457 |
| 2024 | royalty fees | $6,072,310 |
| 2024 | initial franchise fees | $75,000 |
| 2024 | total operating revenue | $6,081,950 |
| 2024 | payroll taxes | $75,103 |
| 2024 | other taxes | $457,711 |
| 2024 | auto expense | $7,237 |
| 2024 | bank charges | $1,395 |
| 2024 | insurance | $79,950 |
| 2024 | internet | $182 |
| 2024 | training facility | $140,000 |
| 2024 | legal | $100,002 |
| 2024 | license, fees, permits | $100 |
| 2024 | office/printing/postage expense | $10,526 |
| 2024 | other professional fees | $9,035 |
| 2024 | repairs and maintenance | $6,075 |
| 2024 | miscellaneous/gifts | $2,976 |
| 2024 | telephone | $22,491 |
| 2024 | website hosting | $1,615 |
| 2024 | depreciation and amortization | $6,030 |
| 2024 | total operating expenses | $2,157,361 |
| 2024 | income from operations | $3,924,589 |
| 2024 | other income, | -$13 |
| 2024 | net income | $3,954,816 |
| 2024 | retained earnings, beginning of year | $274,508 |
| 2024 | distributions to stockholders | -$3,678,433 |
| 2024 | cash flows from operating activities net income | $3,954,816 |
| 2024 | depreciation | $6,030 |
| 2024 | royalty fees receivables | -$10,895 |
| 2024 | accounts receivable - merchandise sales | $11,049 |
| 2024 | prepaid expenses | -$2,431 |
| 2024 | deferred franchise fee revenue | -$30,000 |
| 2024 | payroll liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $749 |
| 2024 | accounts payable - tradeMore than one value recorded for this year — open the FDD source before comparing | -$15,672 |
| 2024 | net cash providedMore than one value recorded for this year — open the FDD source before comparing | $3,910,159 |
| 2024 | cash flows from investing activities purchase of equipment | -$55,302 |
| 2024 | net cash providedMore than one value recorded for this year — open the FDD source before comparing | -$55,302 |
| 2024 | net cash providedMore than one value recorded for this year — open the FDD source before comparing | -$3,678,433 |
| 2024 | net change in cash | $176,424 |
| 2024 | cash, beginning of year | $17,155 |
| 2024 | cash, end of year | $193,579 |
| 2024 | cash and cash equivalentsMore than one value recorded for this year — open the FDD source before comparing | $193,579 |
| 2024 | franchise merchandise sales | $501,632 |
| 2024 | total intangible asset | $1,000 |
| 2024 | gross profit on sales of merchandise | -$66,825 |
| 2024 | total liabilities and stockholders' equity | $1,034,172 |
| 2024 | inventoryMore than one value recorded for this year — open the FDD source before comparing | $58,100 |
| 2024 | accounting | $46,650 |
| 2024 | payroll reimbursement | $30,240 |
| 2024 | loss on disposal of capital assets | $13 |
| 2024 | storage | $13,843 |
| 2024 | retained earnings, end of year | $550,891 |
| 2024 | travel and lodging | $12,479 |
| 2024 | cash flows from financing activities distributions to stockholders | -$3,678,433 |
| 2024 | other salaries and wages | $134,750 |
| 2024 | dues and subscriptions | $10,076 |
| 2024 | net equipment | $85,916 |
| 2024 | officers' salaries | $1,019,135 |
| 2024 | miscellaneous | $1,465 |
| 2024 | total other income | $30,227 |
| 2024 | inventoryMore than one value recorded for this year — open the FDD source before comparing | -$3,500 |
| 2024 | payroll liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $4,556 |
| 2023 | prepaid expensesMore than one value recorded for this year — open the FDD source before comparing | $56,423 |
| 2023 | royalty fees, net | $583,616 |
| 2023 | merchandise sales | $53,261 |
| 2023 | inventoryMore than one value recorded for this year — open the FDD source before comparing | $54,600 |
| 2023 | accounts payable - tradeMore than one value recorded for this year — open the FDD source before comparing | $92,103 |
| 2023 | payroll liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $3,807 |
| 2023 | deferred franchise fee revenues | $120,000 |
| 2023 | total current liabilities | $215,910 |
| 2023 | common stock | $85,575 |
| 2023 | paid in capital | $226,719 |
| 2023 | retained earnings | $274,508 |
| 2023 | total stockholders' equity | $586,802 |
| 2023 | total liabilities and stockholders' equity | $802,712 |
| 2023 | cost of goods sold | -$567,289 |
| 2023 | royalty fees | $6,042,413 |
| 2023 | initial franchise fees | $211,950 |
| 2023 | total operating revenue | $6,248,055 |
| 2023 | officers' salaries | $1,093,750 |
| 2023 | other salaries and wages | $54,950 |
| 2023 | other taxes | $7,555 |
| 2023 | auto expense | $9,051 |
| 2023 | bank charges | $3,124 |
| 2023 | dues and subscriptions | $16,834 |
| 2023 | training facility | $140,000 |
| 2023 | accounting | $39,539 |
| 2023 | legal | $90,983 |
| 2023 | office/printing/postage expense | $9,208 |
| 2023 | repairs and maintenance | $1,580 |
| 2023 | storage | $13,383 |
| 2023 | miscellaneous/gifts | $685 |
| 2023 | telephone | $24,897 |
| 2023 | franchisee meeting | $61,190 |
| 2023 | website hosting | $1,485 |
| 2023 | bad debt expense | $1,804 |
| 2023 | depreciation and amortization | $5,415 |
| 2023 | income from operations | $4,447,209 |
| 2023 | payroll reimbursement | $27,440 |
| 2023 | total other income | $27,440 |
| 2023 | net income | $4,474,649 |
| 2023 | distributions to stockholders | -$4,542,662 |
| 2023 | cash flows from operating activities net income | $4,474,649 |
| 2023 | depreciation | $5,415 |
| 2023 | royalty fees receivables | $31,550 |
| 2023 | accounts receivable - merchandise sales | -$21,809 |
| 2023 | inventoryMore than one value recorded for this year — open the FDD source before comparing | $439 |
| 2023 | deferred franchise fee revenue | -$16,700 |
| 2023 | payroll liabilitiesMore than one value recorded for this year — open the FDD source before comparing | -$23,343 |
| 2023 | accounts payable - tradeMore than one value recorded for this year — open the FDD source before comparing | -$19,281 |
| 2023 | cash flows from investing activities purchase of equipment | -$31,576 |
| 2023 | net cash providedMore than one value recorded for this year — open the FDD source before comparing | -$31,576 |
| 2023 | total assets | $802,712 |
| 2023 | accumulated depreciation | -$81,467 |
| 2023 | prepaid expensesMore than one value recorded for this year — open the FDD source before comparing | -$6,586 |
| 2023 | license, fees, permits | $1,526 |
| 2023 | equipment | $118,124 |
| 2023 | cash | $17,155 |
| 2023 | franchise merchandise sales | $560,981 |
| 2023 | net cash providedMore than one value recorded for this year — open the FDD source before comparing | $4,424,334 |
| 2023 | insurance | $101,914 |
| 2023 | retained earnings, beginning of year | $342,521 |
| 2023 | total intangible asset | $1,000 |
| 2023 | total current assets | $765,055 |
| 2023 | net equipment | $36,657 |
| 2023 | franchise territory | $1,000 |
| 2023 | gross profit on sales of merchandise | -$6,308 |
| 2023 | payroll taxes | $75,327 |
| 2023 | other professional fees | $29,638 |
| 2023 | travel and lodging | $17,008 |
| 2023 | retained earnings, end of year | $274,508 |
| 2023 | total operating expenses | $1,800,846 |
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 6 · PDF p. 13 · 2026 FDD
Our summary: e, in addition to the actual cost of transportation, lodging, and food, are approximately — 25
“5 1628139138.2 late payments, and part or all of the transfer fee. All fees are non-refundable, except unused advertising fees, though no advertising fees are currently being collected. There currently are no advertising cooperatives in The Original Pancake House® restaurant network. 2/ Currently, charges for operational assistance, in addition to the actual cost of transportation, lodging, and food, are approximately $25/hour and $37.50/hour for overtime, plus a daily charge of $150, for a chef/manager, and $10.00/hour and $15/hour for overtime, plus a daily charge of $250, for a server. These charges will increase over time but will not exceed, in addition to the actual cost of transportation, lodging, and food, $50/hour and $100/hour for overtime, plus a daily charge not to exceed $500, for a chef/manager, and will not exceed $25/hour and $50/hour for overtime, plus a daily charge not to exceed $500, for a server. ”
Note: The cited data does not establish a national/systemwide Item 20 Total row.
Item 20 · PDF p. 38 · 2026 FDD
Our summary: Table1 Franchised 2025 — Start
“Franchised 2023 146 147 +1 2024 147 146 - 1 2025 146 150 + 4 Company Owned 2023 1 1 0 2024 1 1 0 2025 1 1 0 Total Outlets 2023 147 148 +1 2024 148 147 - 1 2025 147 15 1 + 4 ”
Note: This is a franchised-only Item 20 summary row, not the national/systemwide Total row required for this check.
Item 20 · PDF p. 38 · 2026 FDD
Our summary: Table1 Franchised 2023 — End
“Franchised 2023 146 147 +1 2024 147 146 - 1 2025 146 150 + 4 Company Owned 2023 1 1 0 2024 1 1 0 2025 1 1 0 Total Outlets 2023 147 148 +1 2024 148 147 - 1 2025 147 15 1 + 4 ”
Note: This is state-specific or ownership-specific Item 20 data, not a national/systemwide Total row.
Item 20 · PDF p. 38 · 2026 FDD
Our summary: Table1 Franchised 2023 — Start
“Franchised 2023 146 147 +1 2024 147 146 - 1 2025 146 150 + 4 Company Owned 2023 1 1 0 2024 1 1 0 2025 1 1 0 Total Outlets 2023 147 148 +1 2024 148 147 - 1 2025 147 15 1 + 4 ”
Note: This is state-specific or ownership-specific Item 20 data, not a national/systemwide Total row.
Item 20 · PDF p. 38 · 2026 FDD
Our summary: Table1 Franchised 2024 — Start
“Franchised 2023 146 147 +1 2024 147 146 - 1 2025 146 150 + 4 Company Owned 2023 1 1 0 2024 1 1 0 2025 1 1 0 Total Outlets 2023 147 148 +1 2024 148 147 - 1 2025 147 15 1 + 4 ”
Note: This is state-specific or ownership-specific Item 20 data, not a national/systemwide Total row.
Item 20 · PDF p. 38 · 2026 FDD
Our summary: Table1 Franchised 2025 — End
“Franchised 2023 146 147 +1 2024 147 146 - 1 2025 146 150 + 4 Company Owned 2023 1 1 0 2024 1 1 0 2025 1 1 0 Total Outlets 2023 147 148 +1 2024 148 147 - 1 2025 147 15 1 + 4 ”
Note: This is an ownership-specific or state-specific Item 20 figure, not a national/systemwide Total row.
Item 20 · PDF p. 38 · 2026 FDD
Our summary: Table1 Company-owned 2023 — Start
“Franchised 2023 146 147 +1 2024 147 146 - 1 2025 146 150 + 4 Company Owned 2023 1 1 0 2024 1 1 0 2025 1 1 0 Total Outlets 2023 147 148 +1 2024 148 147 - 1 2025 147 15 1 + 4 ”
Note: This is an ownership-specific or state-specific Item 20 figure, not a national/systemwide Total row.
Item 20 · PDF p. 38 · 2026 FDD
Our summary: Table1 Franchised 2024 — End
“Franchised 2023 146 147 +1 2024 147 146 - 1 2025 146 150 + 4 Company Owned 2023 1 1 0 2024 1 1 0 2025 1 1 0 Total Outlets 2023 147 148 +1 2024 148 147 - 1 2025 147 15 1 + 4 ”
Note: This claim is state-specific or ownership-basis-specific Item 20 data, not a national/systemwide Total row.
Item 20 · PDF p. 38 · 2026 FDD
Our summary: Table1 Company-owned 2024 — End
“Franchised 2023 146 147 +1 2024 147 146 - 1 2025 146 150 + 4 Company Owned 2023 1 1 0 2024 1 1 0 2025 1 1 0 Total Outlets 2023 147 148 +1 2024 148 147 - 1 2025 147 15 1 + 4 ”
Note: This claim is state-specific or company-owned Item 20 data. It does not establish the national/systemwide Total row required for this check.
Item 20 · PDF p. 38 · 2026 FDD
Our summary: Table1 Company-owned 2025 — End
“Franchised 2023 146 147 +1 2024 147 146 - 1 2025 146 150 + 4 Company Owned 2023 1 1 0 2024 1 1 0 2025 1 1 0 Total Outlets 2023 147 148 +1 2024 148 147 - 1 2025 147 15 1 + 4 ”
Note: This is state-specific or ownership-specific Item 20 data, not a national/systemwide Total row.
Item 20 · PDF p. 38 · 2026 FDD
Our summary: Table1 Company-owned 2025 — Start
“Franchised 2023 146 147 +1 2024 147 146 - 1 2025 146 150 + 4 Company Owned 2023 1 1 0 2024 1 1 0 2025 1 1 0 Total Outlets 2023 147 148 +1 2024 148 147 - 1 2025 147 15 1 + 4 ”
Note: This is state-specific or ownership-specific Item 20 data, not a national/systemwide Total row.
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.




