Franchise opportunities compared
Flip Flop Shops John Richey vs HoneyBaked
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
Initial investment · Item 7
Flip Flop Shops John Richey
$182,900
2025 FDD · Item 7 · PDF p. 17HoneyBaked
$167,200 – $829,600
2026 FDD · Item 7Initial franchise fee · Item 5
Flip Flop Shops John Richey
$30,000
2025 FDD · Item 5 · PDF p. 13HoneyBaked
Not available
Royalty · Item 6
Flip Flop Shops John Richey
5% · note 1) — 5%
2025 FDD · Item 6 · PDF p. 13HoneyBaked
6%
2026 FDD · Item 6 · PDF p. 12Before you compare
- Flip Flop Shops John Richey figures come from its 2025 FDD and HoneyBaked figures from its 2026 FDD, so the years differ.
- HoneyBaked discloses more than one business format, so the investment range spans formats; the full report breaks them out.
- Item 19 figures cover the location groups each FDD names (Flip Flop Shops John Richey: 12, HoneyBaked: 20). Different groups are not directly comparable.
Financial commitment
Flip Flop Shops John Richey
HoneyBakedFlip Flop Shops John Richey
HoneyBaked
Flip Flop Shops John Richey
HoneyBaked
Flip Flop Shops John Richey
HoneyBaked
Flip Flop Shops John Richey
HoneyBaked
System scale & health
Flip Flop Shops John RicheyHoneyBakedFlip Flop Shops John Richey
HoneyBaked
Flip Flop Shops John Richey
HoneyBaked
Flip Flop Shops John Richey
HoneyBaked
Flip Flop Shops John Richey
HoneyBaked
Flip Flop Shops John Richey
HoneyBaked
Financial performance (Item 19), by location group
Flip Flop Shops John RicheyHoneyBakedItem 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.
Flip Flop Shops John Richey vs HoneyBaked: common questions
- Which costs less to open, Flip Flop Shops John Richey or HoneyBaked?
- Flip Flop Shops John Richey: $182,900 (2025 FDD · Item 7 · PDF p. 17); HoneyBaked: $167,200 – $829,600 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for HoneyBaked. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
- How do Flip Flop Shops John Richey and HoneyBaked royalties compare?
- Flip Flop Shops John Richey: 5% · note 1) — 5% (2025 FDD · Item 6 · PDF p. 13); HoneyBaked: 6% (2026 FDD · Item 6 · PDF p. 12). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Do Flip Flop Shops John Richey and HoneyBaked disclose financial performance (Item 19)?
- Flip Flop Shops John Richey has reviewed Item 19 figures for 12 location groups; HoneyBaked has reviewed Item 19 figures for 20 location groups. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.
Keep researching
Full Flip Flop Shops John Richey report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
Full HoneyBaked report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
