Franchise opportunities compared
Menchie S Group vs Milkshake Factory
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
Menchie S Group
$161,846
2026 FDD · Item 7 · PDF p. 16Milkshake Factory
$510,492 – $772,548
2025 FDD · Item 7 · PDF p. 18Initial franchise fee · Item 5
Menchie S Group
$600
2026 FDD · Item 5 · PDF p. 12Milkshake Factory
$60,000
2025 FDD · Item 5 · PDF p. 8Royalty · Item 6
Menchie S Group
125%
2026 FDD · Item 6 · PDF p. 12Milkshake Factory
6% · percentage of Adjusted Gross Sales; second year minimum $1,200 per month; third and subsequent years minimum $1,500 per month
2025 FDD · Item 6 · PDF p. 10Before you compare
- Menchie S Group figures come from its 2026 FDD and Milkshake Factory figures from its 2025 FDD, so the years differ.
- Item 19 figures cover the location groups each FDD names (Menchie S Group: 2, Milkshake Factory: 5). Different groups are not directly comparable.
Financial commitment
Menchie S Group
Milkshake FactoryMenchie S Group
Milkshake Factory
Menchie S Group
Milkshake Factory
Menchie S Group
Milkshake Factory
Menchie S Group
Milkshake Factory
System scale & health
Menchie S GroupMilkshake FactoryMenchie S Group
Milkshake Factory
Menchie S Group
Milkshake Factory
Menchie S Group
Milkshake Factory
Menchie S Group
Milkshake Factory
Menchie S Group
Milkshake Factory
Financial performance (Item 19), by location group
Menchie S GroupMilkshake FactoryItem 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.
Menchie S Group vs Milkshake Factory: common questions
- Which costs less to open, Menchie S Group or Milkshake Factory?
- Menchie S Group: $161,846 (2026 FDD · Item 7 · PDF p. 16); Milkshake Factory: $510,492 – $772,548 (2025 FDD · Item 7 · PDF p. 18). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Menchie S Group. Estimates are not quotes, and the FDD years may differ.
- How do Menchie S Group and Milkshake Factory royalties compare?
- Menchie S Group: 125% (2026 FDD · Item 6 · PDF p. 12); Milkshake Factory: 6% · percentage of Adjusted Gross Sales; second year minimum $1,200 per month; third and subsequent years minimum $1,500 per month (2025 FDD · Item 6 · PDF p. 10). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Which has more locations, Menchie S Group or Milkshake Factory?
- Menchie S Group: 295 (2026 FDD · Item 20 · PDF p. 45); Milkshake Factory: 14 (2025 FDD · Item 20 · PDF p. 56). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do Menchie S Group and Milkshake Factory disclose financial performance (Item 19)?
- Menchie S Group has reviewed Item 19 figures for 2 location groups; Milkshake Factory has reviewed Item 19 figures for 5 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 Menchie S Group report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
Full Milkshake Factory report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
