Weed Man

    Franchise research report · reviewed 2026 disclosure data

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

    Reviewed sources
    Franchising since
    1976
    Source: franchise.org
    Headquarters
    Orono, ON Canada
    Source: franchise.org

    Weed Man franchise specializes in lawn care services, offering fertilization, weed control, and turf management solutions to residential and commercial customer

    Headline figures

    Quick facts

    How much does it cost to open a Weed Man franchise?
    The Weed Man Franchise Disclosure Document reports an estimated initial investment of $81,150–$109,400 (2026 FDD, Item 7, PDF p. 20). This is the franchisor's disclosed estimate, not a quote. Details
    What is the Weed Man initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $30,000 (2026 FDD, Item 5, PDF p. 14). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does Weed Man charge?
    The disclosed ongoing royalty is $7,389 (2026 FDD, Item 6, PDF p. 15). 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 Weed Man disclose financial performance (Item 19)?
    Yes. The Weed Man FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 46). Figures apply only to the locations and period each one covers. Details
    How many Weed Man locations are there?
    The FDD reports 121 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 47). Existing locations do not indicate territory availability. Details

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1Opening costs are estimated at $81,150 – $109,400 in the 2026 FDD (Item 7); several initial fee options apply.
    2. 2Item 19 covers 5 separate groups: other measures for 36 Franchised locations; other measures for 149 Franchised locations; other measures for 39 Franchised locations; other measures for 37 Franchised locations; other measures for 37 Franchised locations. They are not combined.
    3. 3Outlets held steady in 2025, to 121 (United States, 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. 20

    Standard single-unit franchise fee

    2026 FDD · Item 5 · PDF p. 14
    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 2026 annual minimum per unit inflationadjustedMain ongoing fee

    33 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 · 36 locations

    Who is counted
    Second Quartile (26% to 50%) of 149 full-year franchised locations
    Period
    locations
    Excluded
    Not full year locations excluded
    Method
    Franchisee reported gross sales from WeedMan system, unaudited, reviewed for consistency/completeness; locations differ from agreements and territories.

    Locations counted: not stated in the reviewed record

    Other measures · 149 locations

    Who is counted
    149 of153 physical brick-and-mortar locations open and operating full calendar2025
    Period
    locations reporting
    Excluded
    Not full year locations excluded
    Method
    Franchisee reported gross sales from WeedMan system, unaudited, reviewed for consistency/completeness; locations differ from agreements and territories.

    Locations counted: not stated in the reviewed record

    Other measures · 39 locations

    Who is counted
    First Quartile ( Top 25% ) of 149 full-year franchised locations
    Period
    locations
    Excluded
    Not full year locations excluded
    Method
    Franchisee reported gross sales from WeedMan system, unaudited, reviewed for consistency/completeness; locations differ from agreements and territories.

    Locations counted: not stated in the reviewed record

    Other measures · 37 locations

    Who is counted
    Third Quartile (5 1% to 75%) of 149 full-year franchised locations
    Period
    locations
    Excluded
    Not full year locations excluded
    Method
    Franchisee reported gross sales from WeedMan system, unaudited, reviewed for consistency/completeness; locations differ from agreements and territories.

    Locations counted: not stated in the reviewed record

    Other measures · 37 locations

    Who is counted
    Fourth Quartile (76% to 100%) of 149 full-year franchised locations
    Period
    average revenue
    Excluded
    Not full year locations excluded
    Method
    Franchisee reported gross sales from WeedMan system, unaudited, reviewed for consistency/completeness; locations differ from agreements and territories.

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    United States, as labeled in the FDD · counts as of 2025-12-31 of each year.

    2026 FDD · Item 20 · PDF p. 47

    Net −134 outlets, 2023–2025

    0255202312120241212025−1340

    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 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 ($81,150 – $109,400) 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 121 to 121 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. [1]Estimated initial investment — Item 7 · PDF p. 20
    2. [2]Standard initial franchise fee — Item 5 · PDF p. 14
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Second Quartile (26% to 50%) of 149 full-year franchised locations · PDF p. 46
    4. [4]Item 19 — Locations counted not stated in the reviewed record — 149 of153 physical brick-and-mortar locations open and operating full calendar2… · PDF p. 45
    5. [5]Item 19 — Locations counted not stated in the reviewed record — First Quartile ( Top 25% ) of 149 full-year franchised locations · PDF p. 46
    6. [6]Item 19 — Locations counted not stated in the reviewed record — Third Quartile (5 1% to 75%) of 149 full-year franchised locations · PDF p. 46
    7. [7]Item 19 — Locations counted not stated in the reviewed record — Fourth Quartile (76% to 100%) of 149 full-year franchised locations · PDF p. 46
    8. [8]Outlet counts — Item 20, Table 1 · PDF p. 47

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD

    Territory & operations

    100 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.

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2025survey monkey$23,400
    2025franchise fees$758,000
    2025current assets cash$1,529,796
    2025cash - restricted$2,605,831
    2025accounts receivable - related partiesMore than one value recorded for this year — open the FDD source before comparing$39,160
    2025other receivables$125,774
    2025current portion of notes receivable$81,346
    2025prepaid expensesMore than one value recorded for this year — open the FDD source before comparing$4,000
    2025total current assets$4,708,611
    2025long-term accounts receivable net$874,763
    2025accounts payableMore than one value recorded for this year — open the FDD source before comparing$87,350
    2025investment in turf supplies usa$225,982
    2025intangible assets, net of amortization$67,235,677
    2025total other assets$68,768,604
    2025current liabilities line of credit - related party$4,418,500
    2025current portion of notes payable$5,819,591
    2025accounts payable - related partyMore than one value recorded for this year — open the FDD source before comparing$2,511,215
    2025accrued wages and benefitsMore than one value recorded for this year — open the FDD source before comparing$31,688
    2025accrued expensesMore than one value recorded for this year — open the FDD source before comparing$69,559
    2025accrued income taxesMore than one value recorded for this year — open the FDD source before comparing$1,547,750
    2025advances from related partyMore than one value recorded for this year — open the FDD source before comparing$165,204
    2025total current liabilities$14,683,076
    2025long-term liabilities notes payable$40,164,200
    2025total long-term liabilities$40,164,200
    2025paid-in capital$11,101,308
    2025total shareholders' equity$18,629,939
    2025royalties$13,978,192
    2025franchise contributions for advertising and other services$4,609,702
    2025training$4,600
    2025fertilizer rebates$1,267,251
    2025total revenue$21,947,140
    2025costs and expenses$11,849,336
    2025income from operations$10,097,804
    2025interest income$62,894
    2025foreign currency transaction loss-$11,375
    2025interest expense-$3,682,391
    2025penalties-$20,695
    2025total other income-$3,422,785
    2025provision for$2,439,144
    2025deferred income taxesMore than one value recorded for this year — open the FDD source before comparing-$480,800
    2025net income$4,716,675
    2025loss on disposal of property and equipmentMore than one value recorded for this year — open the FDD source before comparing$4,266
    2025credit losses$23,750
    2025earnings on equity method investment-$233,048
    2025distributions received from equity method investment$250,000
    2025unrealized foreign transaction$2,299
    2025changes in assets and liabilities accounts and other receivables-$564,389
    2025accounts receivable - related partiesMore than one value recorded for this year — open the FDD source before comparing-$39,160
    2025accounts payableMore than one value recorded for this year — open the FDD source before comparing-$117,718
    2025accounts payable - related partyMore than one value recorded for this year — open the FDD source before comparing$2,502,076
    2025accrued wages and benefitsMore than one value recorded for this year — open the FDD source before comparing$31,688
    2025accrued expensesMore than one value recorded for this year — open the FDD source before comparing$34,734
    2025accrued income taxesMore than one value recorded for this year — open the FDD source before comparing$1,277,220
    2025total adjustments$5,074,155
    2025net cash provided by operating activities$9,790,830
    2025issuance of notes receivable-$265,809
    2025repayments of notes receivable$54,519
    2025net cash provided byMore than one value recorded for this year — open the FDD source before comparing-$7,434,973
    2025repayment to parent company-$3,900,000
    2025advances from related partyMore than one value recorded for this year — open the FDD source before comparing$1,982,297
    2025repayment to related party-$1,817,093
    2025repayment of notes payable-$5,495,704
    2025effect of exchange rate on cash-$2,299
    2025net increase-$6,876,942
    2025cash and restricted cash, beginning of year$11,012,569
    2025cash and restricted cash, end of year$4,135,627
    2025interest paid$3,650,172
    2025supplemental disclosures of non-cash investing and financing activities notes issued for acquisition of intangible assets$51,479,495
    2025common stock issued for acquisition of intangible assets$620
    2025capital contribution for acquisition of intangible assets$10,793,367
    2025deposits applied to purchase of intangible assets$44,851
    2025refinance advances from parent company into line of credit$8,318,500
    2025administrative expenses miscellaneous administrative expense$153
    2025travel expenses$100,882
    2025business permits$45,607
    2025bank service charges$15,583
    2025other consulting fees$200,000
    2025head office overhead$1,903,359
    2025marketing expenses franchise advertising and other services$3,462,624
    2025marketing expense$1,398,992
    2025franchise marketing salaries and benefits$150,000
    2025miscellaneous franchise marketing$18,285
    2025total marketing expenses$5,072,102
    2025transfer costs transfer to related party$1,615,485
    2025total transfer costs$1,979,442
    2025total costs and expenses$11,849,336
    2025total assets$73,477,215
    2025accounts receivable net$322,704
    2025deferred income taxesMore than one value recorded for this year — open the FDD source before comparing-$480,800
    2025net cash provided byMore than one value recorded for this year — open the FDD source before comparing-$9,230,500
    2025depreciation and amortization$2,333,839
    2025training cost$363,957
    2025total liabilities and shareholders equity$73,477,215
    2025retained earnings$7,525,076
    2025adjustments to reconcile net income to net cash provided by operating activities depreciation and amortization$2,333,839
    2025prepaid expensesMore than one value recorded for this year — open the FDD source before comparing$17,179
    2025cash flows from investing activities purchase of intangible assets-$7,223,683
    2025other assets notes receivable net$201,582
    2025shareholders' equity common stock$3,555
    2025loss on disposal of property and equipmentMore than one value recorded for this year — open the FDD source before comparing-$4,266
    2025total administrative expenses$2,463,953
    2025total provision for income taxes$1,958,344
    2025franchise marketing$42,201
    2025supplemental disclosures of cash flows information income taxes paid$1,161,924
    2025cash flows from operating activities net income$4,716,675
    2025deferred tax asset$230,600
    2025accrued interest - related partyMore than one value recorded for this year — open the FDD source before comparing$32,219
    2025income before income taxes$6,675,019
    2025management fees$272,188
    2025accrued interest - related partyMore than one value recorded for this year — open the FDD source before comparing$32,219
    2025other income and expenses investment income$233,048
    2025professional fees$174,619
    2025unit fees$1,033,807
    2025credit loss expense$23,750
    2024franchise fees$850,667
    2024unit fees$677,962
    2024current assets cash$8,474,655
    2024accounts receivable net$170,909
    2024other receivables$9,943
    2024current portion of notes receivable$30,654
    2024prepaid expensesMore than one value recorded for this year — open the FDD source before comparing$21,179
    2024total current assets$11,245,254
    2024accumulated depreciation$498
    2024other assets notes receivable net$48,234
    2024investment in turf supplies usa$242,934
    2024deposits$44,851
    2024total other assets$958,019
    2024accrued expensesMore than one value recorded for this year — open the FDD source before comparing$34,825
    2024accrued income taxesMore than one value recorded for this year — open the FDD source before comparing$270,530
    2024advances from parent company$8,318,500
    2024deferred income tax liability$250,200
    2024shareholders' equity common stock$2,935
    2024paid-in capital$307,941
    2024retained earnings$2,808,401
    2024total shareholders' equity$3,119,277
    2024royalties$4,212,871
    2024fertilizer rebates$235,894
    2024costs and expenses$6,569,977
    2024income from operations$4,217,452
    2024other income and expenses investment income$322,631
    2024interest income$97,166
    2024foreign currency transaction loss-$52,640
    2024total other income$367,157
    2024provision for$1,104,381
    2024deferred income taxesMore than one value recorded for this year — open the FDD source before comparing$193,500
    2024total provision for income taxes$1,297,881
    2024net income$3,286,728
    2024cash flows from operating activities net income$3,286,728
    2024adjustments to reconcile net income to net cash provided by operating activities depreciation and amortization$22,122
    2024earnings on equity method investment-$322,631
    2024distributions received from equity method investment$300,000
    2024deferred income taxesMore than one value recorded for this year — open the FDD source before comparing$193,500
    2024changes in assets and liabilities accounts and other receivables-$392,239
    2024accounts receivable - related parties$85,942
    2024prepaid income taxes$6,659
    2024accounts payableMore than one value recorded for this year — open the FDD source before comparing$88,472
    2024accounts payable - related partyMore than one value recorded for this year — open the FDD source before comparing-$50,695
    2024accrued wages and benefits-$9,546
    2024accrued expensesMore than one value recorded for this year — open the FDD source before comparing$34,825
    2024accrued income taxesMore than one value recorded for this year — open the FDD source before comparing$270,530
    2024total adjustments$107,828
    2024net cash provided by operating activities$3,394,556
    2024repayment from related party$401,683
    2024advances to related party-$388,020
    2024receipt of deposits$5,000
    2024net cash provided byMore than one value recorded for this year — open the FDD source before comparing$21,037
    2024dividends paid-$4,639,146
    2024effect of exchange rate on cash$5,736
    2024net increase$7,100,683
    2024cash and restricted cash, end of year$11,012,569
    2024administrative expenses miscellaneous administrative expense$10,403
    2024travel expenses$36,412
    2024professional fees$83,680
    2024business permits$1,916
    2024bank service charges$7,997
    2024insurance costs$24,676
    2024head office overhead$1,406,208
    2024total administrative expenses$1,571,292
    2024marketing expenses franchise advertising and other services$3,719,180
    2024marketing expense$243,645
    2024franchise marketing$88,273
    2024franchise marketing salaries and benefits$6,000
    2024miscellaneous franchise marketing$8,243
    2024total marketing expenses$4,065,341
    2024transfer costs transfer to related party$791,840
    2024other transfer costs$48,374
    2024training cost$71,008
    2024depreciation and amortization$22,122
    2024total costs and expenses$6,569,977
    2024total liabilities and shareholders equity$12,207,539
    2024franchise contributions for advertising and other services$4,436,344
    2024total current liabilities$8,838,062
    2024accrued wages and benefits - related party-$92,196
    2024net property and equipment$4,266
    2024intangible assets, net of amortization$27,500
    2024cash - restricted$2,537,914
    2024accounts payableMore than one value recorded for this year — open the FDD source before comparing$205,068
    2024long-term accounts receivable net$594,500
    2024total transfer costs$911,222
    2024property and equipment improvements$4,764
    2024income before income taxes$4,584,609
    2024management fees$353,291
    2024cash flows from financing activities advances from parent company$8,318,500
    2024cash and restricted cash, beginning of year$3,911,886
    2024prepaid expensesMore than one value recorded for this year — open the FDD source before comparing-$21,179
    2024supplemental disclosures of cash flows information income taxes paid$827,192
    2024repayments of notes receivable$47,225
    2024accounts payable - related partyMore than one value recorded for this year — open the FDD source before comparing$9,139
    2024total revenue$10,787,429
    2024total assets$12,207,539
    2024total long-term liabilities$250,200
    2024net cash provided byMore than one value recorded for this year — open the FDD source before comparing$3,679,354
    2024unrealized foreign transaction-$5,736
    2024payments of deposits-$44,851
    2024survey monkey$20,400
    2023franchise contributions for advertising and other services$3,764,803
    2023survey monkey$19,470
    2023franchise fees$424,854
    2023unit fees$302,184
    2023current assets cash$1,016,831
    2023cash - restricted$2,895,055
    2023total current assets$4,444,863
    2023accounts receivable - related partiesMore than one value recorded for this year — open the FDD source before comparing$85,942
    2023advances to related partyMore than one value recorded for this year — open the FDD source before comparing$13,663
    2023other receivables$269,271
    2023current portion of notes receivable$37,100
    2023property and equipment improvements$4,764
    2023accumulated depreciation$376
    2023net property and equipment$4,388
    2023investment in turf supplies usa$220,303
    2023deposits$5,000
    2023total other assets$357,316
    2023accounts payableMore than one value recorded for this year — open the FDD source before comparing$116,596
    2023accounts payable - related partyMore than one value recorded for this year — open the FDD source before comparing$59,834
    2023accrued wages and benefitsMore than one value recorded for this year — open the FDD source before comparing$9,546
    2023accrued wages and benefits - related partyMore than one value recorded for this year — open the FDD source before comparing$92,196
    2023total current liabilities$278,172
    2023deferred income tax liability$56,700
    2023total long-term liabilities$56,700
    2023retained earnings$4,160,819
    2023total shareholders' equity$4,471,695
    2023management fees$341,098
    2023training$9,200
    2023fertilizer rebates$177,408
    2023total revenue$8,598,018
    2023costs and expenses$5,261,452
    2023other income and expenses investment income$302,974
    2023interest income$36,103
    2023foreign currency transaction loss-$15,668
    2023total other income$323,409
    2023income before income taxes$3,659,975
    2023provision for$729,467
    2023deferred income taxesMore than one value recorded for this year — open the FDD source before comparing$17,900
    2023total provision for income taxes$747,367
    2023net income$2,912,608
    2023cash flows from operating activities net income$2,912,608
    2023adjustments to reconcile net income to net cash provided by operating activities depreciation and amortization$22,122
    2023earnings on equity method investment-$302,974
    2023distributions received from equity method investment$300,000
    2023deferred income taxesMore than one value recorded for this year — open the FDD source before comparing$17,900
    2023unrealized foreign transaction-$8,174
    2023changes in assets and liabilities accounts and other receivables-$243,383
    2023accounts receivable - related partiesMore than one value recorded for this year — open the FDD source before comparing-$27,626
    2023prepaid income taxesMore than one value recorded for this year — open the FDD source before comparing-$6,659
    2023accounts payable - related partyMore than one value recorded for this year — open the FDD source before comparing$59,834
    2023accrued wages and benefitsMore than one value recorded for this year — open the FDD source before comparing$9,546
    2023accrued wages and benefits - related partyMore than one value recorded for this year — open the FDD source before comparing-$99,953
    2023total adjustments-$339,519
    2023net cash provided by operating activities$2,573,089
    2023repayment from related party$141,477
    2023advances to related partyMore than one value recorded for this year — open the FDD source before comparing-$143,406
    2023issuance of notes receivable-$34,173
    2023repayments of notes receivable$34,206
    2023repayment to related party-$32,916
    2023dividends paid-$2,500,000
    2023net cash provided byMore than one value recorded for this year — open the FDD source before comparing-$2,532,916
    2023effect of exchange rate on cash$8,174
    2023net increase$46,451
    2023cash and restricted cash, beginning of year$3,865,435
    2023cash and restricted cash, end of year$3,911,886
    2023supplemental disclosures of cash flows information income taxes paid$869,105
    2023professional fees$106,844
    2023bank service charges$6,426
    2023insurance costs$12,130
    2023total administrative expenses$704,517
    2023marketing expenses franchise advertising and other services$3,529,703
    2023marketing expense$193,751
    2023franchise marketing$77,571
    2023total marketing expenses$3,815,938
    2023transfer costs transfer to related party$670,570
    2023other transfer costs$47,990
    2023training cost$315
    2023total transfer costs$718,875
    2023depreciation and amortization$22,122
    2023total costs and expenses$5,261,452
    2023total assets$4,806,567
    2023total liabilities and shareholders equity$4,806,567
    2023income from operations$3,336,566
    2023accounts payableMore than one value recorded for this year — open the FDD source before comparing$72,827
    2023administrative expenses miscellaneous administrative expense$3,657
    2023other assets notes receivable net$82,513
    2023shareholders' equity common stock$2,935
    2023prepaid income taxesMore than one value recorded for this year — open the FDD source before comparing$6,659
    2023royalties$3,559,001
    2023intangible assets, net of amortization$49,500
    2023accrued income taxes-$132,979
    2023accounts receivable net$120,342
    2023travel expenses$51,336
    2023franchise marketing salaries and benefits$14,912
    2023paid-in capital$307,941
    2023net cash provided byMore than one value recorded for this year — open the FDD source before comparing-$1,896
    2023head office overhead$523,305
    2023miscellaneous franchise marketing$1
    2023business permits$819

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

    Loading…

    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. 48 · 2026 FDD

      Our summary: Table 2 Nebraska 2024 — transfers

      “2024 2”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 48 · 2026 FDD

      Our summary: Table 2 New Jersey 2024 — transfers

      “2024 3”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 48 · 2026 FDD

      Our summary: Table 2 Arkansas 2025 — transfers

      “2025 1”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 48 · 2026 FDD

      Our summary: Table 2 Michigan 2024 — transfers

      “2024 1”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 48 · 2026 FDD

      Our summary: Table 2 Michigan 2023 — transfers

      “2023 1”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 48 · 2026 FDD

      Our summary: Table 2 California 2025 — transfers

      “2025 1”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Alabama 2024 — opened

      “2024 4 0 0 0 0 0 4”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Alabama 2023 — terminations

      “2023 5 1 0 0 0 0 6”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 48 · 2026 FDD

      Our summary: Table 2 Texas 2023 — transfers

      “2023 2”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Alabama 2024 — start

      “2024 4 0 0 0 0 0 4”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Alabama 2023 — start

      “2023 5 1 0 0 0 0 6”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 2 Totals 2024 — transfers

      “2024 7”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Alabama 2023 — nonrenewals

      “2023 5 1 0 0 0 0 6”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Alabama 2023 — reacquired

      “2023 5 1 0 0 0 0 6”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Arkansas 2023 — opened

      “2023 2 0 0 0 0 0 2”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Arkansas 2023 — start

      “2023 2 0 0 0 0 0 2”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Alabama 2025 — start

      “2025 4 0 0 0 0 0 4”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Alabama 2025 — reacquired

      “2025 4 0 0 0 0 0 4”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Arkansas 2023 — terminations

      “2023 2 0 0 0 0 0 2”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Alabama 2025 — nonrenewals

      “2025 4 0 0 0 0 0 4”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Alabama 2024 — other ceased

      “2024 4 0 0 0 0 0 4”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Alabama 2024 — end

      “2024 4 0 0 0 0 0 4”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Arkansas 2024 — other ceased

      “2024 2 0 0 0 0 0 2”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Arkansas 2024 — opened

      “2024 2 0 0 0 0 0 2”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Arkansas 2025 — opened

      “2025 2 0 0 1 0 0 1”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Arkansas 2024 — start

      “2024 2 0 0 0 0 0 2”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Arkansas 2024 — nonrenewals

      “2024 2 0 0 0 0 0 2”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Arkansas 2024 — reacquired

      “2024 2 0 0 0 0 0 2”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Arkansas 2025 — terminations

      “2025 2 0 0 1 0 0 1”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Arkansas 2024 — end

      “2024 2 0 0 0 0 0 2”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 California 2024 — terminations

      “2024 3 0 0 0 0 0 3”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 California 2023 — nonrenewals

      “2023 5 1 0 0 0 0 6”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 California 2023 — other ceased

      “2023 5 1 0 0 0 0 6”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 California 2024 — other ceased

      “2024 3 0 0 0 0 0 3”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 California 2025 — start

      “2025 3 0 0 0 0 0 3”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 California 2023 — reacquired

      “2023 5 1 0 0 0 0 6”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 California 2023 — opened

      “2023 5 1 0 0 0 0 6”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 California 2023 — start

      “2023 5 1 0 0 0 0 6”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 California 2025 — reacquired

      “2025 3 0 0 0 0 0 3”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Colorado 2023 — opened

      “2023 5 0 0 0 0 0 5”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Colorado 2023 — start

      “2023 5 0 0 0 0 0 5”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 California 2025 — nonrenewals

      “2025 3 0 0 0 0 0 3”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Colorado 2023 — end

      “2023 5 0 0 0 0 0 5”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Colorado 2023 — terminations

      “2023 5 0 0 0 0 0 5”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Colorado 2024 — terminations

      “2024 3 0 0 0 0 0 3”

      Note: Item 20 claim is state/geography-specific or not a national/systemwide Total row; it cannot be verified under the required scope.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Colorado 2025 — other ceased

      “2025 3 0 0 0 0 0 3”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 50 · 2026 FDD

      Our summary: Table 3 Connecticut 2023 — start

      “2023 5 1 0 0 0 0 6”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Colorado 2025 — terminations

      “2025 3 0 0 0 0 0 3”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 49 · 2026 FDD

      Our summary: Table 3 Colorado 2025 — start

      “2025 3 0 0 0 0 0 3”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    • Item 20 · PDF p. 48 · 2026 FDD

      Our summary: Table 2 Missouri 2023 — transfers

      “2023 4”

      Note: Item 20 state- or ownership-specific row; only national/systemwide Total rows are eligible for verification.

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.