Franchise opportunities compared
MN Filing 35684-202603-12 vs Modern Halo
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.
Before you compare
- Both sets of figures come from 2026 FDDs.
- Item 19 figures cover the location groups each FDD names (MN Filing 35684-202603-12: 5, Modern Halo: 1). Different groups are not directly comparable.
| Disclosure | MFMN Filing 35684-202603-12 |  Modern Halo |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $373,442 – $544,293 Single-unit Grand Total 2026 FDD · Item 7 · PDF p. 23 | $282,575 – $647,700 Total Estimated Initial Investment 2026 FDD · Item 7 · PDF p. 20 |
| Standard initial franchise fee (Item 5) | $50,000 2026 FDD · Item 5 · PDF p. 15 | $50,000 2026 FDD · Item 5 · PDF p. 10 |
| Royalty (Item 6) | 6% Royalty fee: 6% of Gross Revenue per month 2026 FDD · Item 6 · PDF p. 16 | 6% Royalty fee 2026 FDD · Item 6 · PDF p. 12 |
| Brand / advertising fund (Item 6) | $1,500 Cooperative advertising minimum monthly contribution 2026 FDD · Item 6 · PDF p. 17 | 3% Brand fund — years 5–10 — 3% 2026 FDD · Item 6 · PDF p. 12 |
| System scale & health | ||
| Total outlets (Item 20) | 40 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 49 | 2 Outlets at end of 2024 2026 FDD · Item 20 · PDF p. 59 |
| Net outlet change (Item 20) | +0 Calculated: 40 at end of 2023 → 40 at end of 2025 | Not available Only one year reported |
| Outlet exits (Item 20) | Not available No complete exit records for a year | Not available No complete exit records for a year |
| Franchising since (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Franchisor founded (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | Locations counted not stated in the reviewed record — BISHOPS locations in revenue Quartile 4, Measurement Period calendar year 2025. $359,632 other Total revenue · 2026 FDD · Item 19 · PDF p. 48 Locations counted not stated in the reviewed record — BISHOPS locations in revenue Quartile 1, Measurement Period calendar year 2025. $744,416 other total revenue · 2026 FDD · Item 19 · PDF p. 48 Locations counted not stated in the reviewed record — BISHOPS locations in revenue Quartile 1 (Q1), Measurement Period calendar year… $977,579 other Total revenue · 2026 FDD · Item 19 · PDF p. 48 +2 more groups in the full report | Locations counted not stated in the reviewed record $27,568 other Advertising and promotion · 2026 FDD · Item 19 · PDF p. 58 |
Item 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.
MN Filing 35684-202603-12 vs Modern Halo: common questions
- Which costs less to open, MN Filing 35684-202603-12 or Modern Halo?
- MN Filing 35684-202603-12: $373,442 – $544,293 (2026 FDD · Item 7 · PDF p. 23); Modern Halo: $282,575 – $647,700 (2026 FDD · Item 7 · PDF p. 20). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Modern Halo. Estimates are not quotes, and the FDD years may differ.
- How do MN Filing 35684-202603-12 and Modern Halo royalties compare?
- MN Filing 35684-202603-12: 6% (2026 FDD · Item 6 · PDF p. 16); Modern Halo: 6% (2026 FDD · Item 6 · PDF p. 12). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Which has more locations, MN Filing 35684-202603-12 or Modern Halo?
- MN Filing 35684-202603-12: 40 (2026 FDD · Item 20 · PDF p. 49); Modern Halo: 2 (2026 FDD · Item 20 · PDF p. 59). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do MN Filing 35684-202603-12 and Modern Halo disclose financial performance (Item 19)?
- MN Filing 35684-202603-12 has reviewed Item 19 figures for 5 location groups; Modern Halo has reviewed Item 19 figures for 1 location group. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.