Franopolis
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    traditional

    Franchise research report · reviewed 2026 disclosure data

    Researching traditional franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources

    Mellow Mushroom franchises operate pizza restaurants offering other food and beverages for dining on site, takeout and delivery. The traditional format provides table service and a full bar, while the fast-casual format uses counter ordering and a smaller menu.

    Headline figures

    traditional quick facts

    Is traditional a franchise?
    Yes. traditional offers franchises through a Franchise Disclosure Document. At the end of 2025, it reported 156 franchised and 5 company-owned outlets (2026 FDD, Item 20, PDF p. 80).
    How much does it cost to open a traditional franchise?
    The traditional Franchise Disclosure Document reports separate estimated initial investments by format: $1,695,000–$2,916,500 for traditional lease shell — total estimated initial investment (2026 FDD, Item 7, PDF p. 27); $2,911,000–$4,841,500 for traditional purchase and build-out — total estimated initial investment (2026 FDD, Item 7, PDF p. 36); $1,330,000–$2,051,000 for fast-fine lease — total estimated initial investment (2026 FDD, Item 7, PDF p. 22). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    What ongoing fees does traditional charge?
    The disclosed ongoing royalty is 5% (2026 FDD, Item 6, PDF p. 14). The brand or advertising fund contribution is 3% (2026 FDD, Item 6, PDF p. 15). Other recurring fees are listed in Item 6. Details
    Does traditional disclose financial performance (Item 19)?
    Yes. The traditional FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 78). Figures apply only to the locations and period each one covers. Details
    How many traditional locations are there?
    The FDD reports 161 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 80). Existing locations do not indicate territory availability. Details
    Is traditional 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

    1. 1The 2026 FDD (Item 7) estimates opening costs separately by format: $1,695,000 – $2,916,500 (Traditional lease shell — Total Estimated Initial Investment); $2,911,000 – $4,841,500 (Traditional purchase and build-out — Total Estimated Initial Investment); $1,330,000 – $2,051,000 (Fast-fine lease — Total Estimated Initial Investment); several initial fee options apply.
    2. 2Item 19 covers 5 separate groups: other measures for 154 locations; other measures and revenue for 38 restaurants; other measures and revenue for 38 restaurants; other measures for 38 restaurants; other measures for 38 locations. They are not combined.
    3. 3Outlets declined by 4 in 2025, to 161 (Systemwide, 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 3 single-unit formats

    2026 FDD · Item 7

    Formats disclosed in Item 7 (3)

    Each format has its own total. The total depends on the format you choose.

    • Fast-fine leasePDF p. 22$1,330,000 – $2,051,000
    • Traditional lease shellPDF p. 27$1,695,000 – $2,916,500
    • Traditional purchase and build-outPDF p. 36$2,911,000 – $4,841,500

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    RoyaltyMain 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?

    5 separate populations, shown apart. Revenue is not owner income.

    Locations counted: not stated in the reviewed record

    Other measures · 154 locations

    Who is counted
    All 154 franchised Mellow Mushroom restaurants operating throughout the 2025 Measured Period in the United States
    Period
    Total restaurants
    Excluded
    Excludes results of two franchised restaurants closed for remodeling for an average of one week during the 2025 Measured Period, and one restaurant reacquired during the period and therefore not franchised throughout it.
    Method
    Gross Sales information was obtained by directly polling the point-of-sale systems in the franchised restaurants.

    Locations counted: not stated in the reviewed record

    Revenue and other measures · 38 locations

    Who is counted
    Top 25% performing group: 38 franchised restaurants
    Period
    Low annual gross sales
    Excluded
    The representation excludes two franchised restaurants closed for remodeling for an average of one week during the 2025 Measured Period, and one restaurant reacquired during the period and therefore not franchised throughout it.
    Method
    Gross Sales information was obtained by directly polling the point-of-sale systems in the franchised restaurants.

    Locations counted: not stated in the reviewed record

    Revenue and other measures · 38 locations

    Who is counted
    Bottom group: 38 franchised restaurants in the disclosure's Bottom 25% cohort
    Period
    Total restaurants
    Excluded
    The representation excludes two franchised restaurants closed for remodeling for an average of one week during the 2025 Measured Period, and one restaurant reacquired during the period and therefore not franchised throughout it.
    Method
    Gross Sales information was obtained by directly polling the point-of-sale systems in the franchised restaurants.

    Locations counted: not stated in the reviewed record

    Other measures · 38 locations

    Who is counted
    Bottom 25% performing group: 38 franchised restaurants
    Period
    Average annual gross sales
    Excluded
    The representation excludes two franchised restaurants closed for remodeling for an average of one week during the 2025 Measured Period, and one restaurant reacquired during the period and therefore not franchised throughout it.
    Method
    Gross Sales information was obtained by directly polling the point-of-sale systems in the franchised restaurants.

    Locations counted: not stated in the reviewed record

    Other measures · 38 locations

    Who is counted
    Top group: 38 franchised Mellow Mushroom restaurants in the disclosure’s Top 25% cohort
    Period
    Average annual gross sales
    Excluded
    Excludes results of two franchised restaurants closed for remodeling for an average of one week during the 2025 Measured Period, and one restaurant reacquired during the period and therefore not franchised throughout it.
    Method
    Gross Sales information was obtained by directly polling the point-of-sale systems in the franchised restaurants.

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    Systemwide, as labeled in the FDD · counts as of September 30, 2025 of each year.

    2026 FDD · Item 20 · PDF p. 80

    Net +0 outlets, 2023–2025

    0161202316520241612025+4−4

    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 ($1,330,000 – $4,841,500) 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 165 to 161 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. [1]Item 19 — Locations counted not stated in the reviewed record — All 154 franchised Mellow Mushroom restaurants operating throughout the 2025 Me… · PDF p. 78
    2. [2]Item 19 — Locations counted not stated in the reviewed record — Top 25% performing group: 38 franchised restaurants · PDF p. 78
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Bottom group: 38 franchised restaurants in the disclosure's Bottom 25% cohort · PDF p. 79
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Bottom 25% performing group: 38 franchised restaurants · PDF p. 79
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Top group: 38 franchised Mellow Mushroom restaurants in the disclosure’s Top 25… · PDF p. 78
    6. [6]Outlet counts — Item 20, Table 1 · PDF p. 80

    "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 yearMeasureReported value
    2025stockholders’ deficitMore than one value recorded for this year — open the FDD source before comparing-$18,527,340
    2025cash and cash equivalentsMore than one value recorded for this year — open the FDD source before comparing$8,354,602
    2025total assetsMore than one value recorded for this year — open the FDD source before comparing$33,354,329
    2025total liabilitiesMore than one value recorded for this year — open the FDD source before comparing$54,436,711
    2025stockholders’ deficitMore than one value recorded for this year — open the FDD source before comparing-$21,082,382
    2025total assetsMore than one value recorded for this year — open the FDD source before comparing$36,995,469
    2025total liabilitiesMore than one value recorded for this year — open the FDD source before comparing$55,522,809
    2025total revenuesMore than one value recorded for this year — open the FDD source before comparing$63,551,144
    2025net incomeMore than one value recorded for this year — open the FDD source before comparing-$1,119,324
    2025cash and cash equivalentsMore than one value recorded for this year — open the FDD source before comparing$13,586,119
    2025total revenuesMore than one value recorded for this year — open the FDD source before comparing$16,439,019
    2025income from operations$124,890
    2025net incomeMore than one value recorded for this year — open the FDD source before comparing-$378,479
    2024total liabilities$38,340,682
    2024stockholders’ deficit-$2,907,583
    2024cash and cash equivalents$13,343,482
    2024total assets$35,433,099
    2024total revenues$62,739,514
    2024net income$10,067,570
    2023total assets$37,486,206
    2023total liabilities$44,582,192
    2023stockholders’ deficit-$7,095,986
    2023total revenues$62,389,951
    2023net income$12,657,101

    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.