FDD Library
Free franchise risk previews. Based on publicly filed FDDs.
7-Eleven
C+~13,000+ (as of 2024) units
Item 5 — Gross Profit Split Model Creates Unusual Economics
View analysis →Anytime Fitness
B~2,600 (as of 2024) units
Item 19 — Financial Performance Representations Available
View analysis →Chick-fil-A
B+~3,000+ (as of 2024) units
Item 19 — Highest AUVs in QSR, Period
View analysis →Crumbl Cookies
C~1,000+ (as of 2024) units
Item 3 — Active Litigation: IP Wars and Internal Disputes
View analysis →Dunkin'
B~9,500+ (as of 2024) units
Item 19 — Strong Beverage-Driven Margins and Morning Daypart Dominance
View analysis →F45 Training
D~450–500 (as of 2024; significantly down from peak) units
Item 20 — Massive Net Unit Decline is a Serious Warning
View analysis →Jan-Pro Cleaning
D~9,000+ (unit franchisees; ~130 regional master franchisees) units
Item 3 — Significant Litigation History
View analysis →Jersey Mike's Subs
B~2,800+ (as of 2024) units
Item 19 — Disclosed Revenues Support the Model
View analysis →McDonald's
A-~13,400+ (as of 2024) units
Item 19 — Industry-Leading AUVs and Proven Unit Economics
View analysis →Nothing Bundt Cakes
B~600+ (as of 2024) units
Item 19 — Solid Revenue Data with Gifting-Model Stability
View analysis →Orangetheory Fitness
C~1,500 (as of 2024) units
Item 21 — Declining Unit Counts and High Closure Rate
View analysis →Planet Fitness
B~2,400 (as of 2024) units
Item 19 — Strong Revenue Disclosure with High Median Performance
View analysis →Snap-on Tools
C~3,400 (as of 2024) units
Item 7 — Inventory Financing Creates Hidden Debt Load
View analysis →Subway
C+~20,000+ (as of 2024) units
Item 19 — Wide Revenue Variance Across the System
View analysis →Wingstop
B~1,900+ (as of 2024) units
Item 19 — Strong AUVs and Public Company Transparency
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