Resources
Every filing we've read, and what it told us.
Search brands, categories and guides. Every result opens something grounded in a franchise disclosure document — never a summary of one.
Guides & Tools
Know what you're reading. Know what to ask.
Understand Investigate Ask Verify
Guide · 18 min · ▶ Video
Start hereHow to Read Your FDD
The disclosure document, Item by Item — what each of the 23 sections can tell you, and what it can't.
Read the guide →
Guide · 16 min
Understanding Item 19
How to read a financial performance representation in context — who's counted, who isn't, and what to ask next.
Read the guide →
Tool
Printable PDFQuestions to Ask
What to ask the franchisor, franchisees, your advisers — and yourself.
24 questions →
Tool
Printable PDFDue Diligence Checklist
Questions are conversations. This is what to verify and complete before you sign.
What to verify →
Clara quick-start
Questions for Clara
Useful ways to work with Clara, your Expert FDD Assistant — from fees to territory to Item 19.
16 starting prompts →
Franchise Insights
Analysis from the filings
Featured · Industry Analysis
Jersey Mike's and the Sandwich Category: What the Franchise Filings Show
Jersey Mike's closest competitors aren't public — they disclose once a year in their FDDs. Average unit volume and cost to open for Jersey Mike's and nine sandwich peers, from each brand's 2026 filing.
Average unit volume · 2026 filings
Industry Analysis · Video
When Cultural Relevance and Business Fundamentals Diverge: A Pizza Case Study
Domino's stock is down ~40% since its 2025 high, but its FDD tells a different story than the market. A pizza case study in reading Item 19 and Item 20 past the cultural noise.
Industry Analysis
Childcare & Education, Part 2: Growth Is Only Half the Story
Part 2 reads Item 19 across the same childcare-and-education brands. Unit growth and franchisee revenue turn out to be two different lists — and the number often moves for reasons that have nothing to do with performance.
Industry Analysis
The Footprint Is Shrinking — and the FDDs Show It Before the Lease Gets Signed
Across 300+ 2026 FDDs, real-estate-heavy brands are publishing smaller, cheaper Item 7 ranges. Buxton's 2026 real-estate outlook lands on the same shift from the leasing side.
Industry Analysis
Childcare & Education, Part 1: What the Unit Numbers Tell Us
A category analysis of Item 20 unit counts across 34 childcare-and-education brands with both a 2025 and 2026 FDD. The data splits the category in two — and the dividing line isn't cost.
Industry Analysis
3 Things the New 2026 FDDs Are Telling Us About Franchising
Smaller QSR formats, an ice cream comeback, and a boutique-fitness shakeout — three patterns from 300+ fresh 2026 FDD filings, with what they mean for franchise buyers.
Industry Analysis
Required to Update, Not Required to File: The FDD Compliance Gap Nobody Talks About
Every franchisor has to refresh their FDD every year. Most of them never have to show it to a regulator. Here's why that matters.
Due Diligence
How to Evaluate a Franchise Opportunity: A Buyer's Framework
A structured framework for evaluating franchise opportunities — covering financials, territory, support, culture, and exit strategy.
Legal & Financial
What a Franchise Attorney Actually Reviews — and When You Need One
A complete breakdown of franchise attorney fees, what they review, when to hire one, and how to get the most value from your legal review.
FDD Deep Dive
What Is Item 20 in an FDD? Why It Matters More Than Most Buyers Realize
Item 20 of the Franchise Disclosure Document can reveal system growth, closures, transfers, and franchisee turnover. Learn what to look for and why it matters.
FDD Deep Dive
Franchise Territory Explained: What Item 12 Really Means in an FDD
Item 12 of the Franchise Disclosure Document explains franchise territory, exclusivity, and competition. Learn what to look for before you sign.
Brand Library
Every brand we've published
312 brands with a full page on this site, each built from the brand's own filing. The figures below are the headline ones; the page behind each name shows what they are attached to.
| Brand | Category | Investment | Units | Royalty | Item 19 | Year over year |
|---|---|---|---|---|---|---|
| 360 Painting | Home Services · painting | $112K–$196K | 148 | 6% | Disclosed | — |
| 7 Brew | Food · Coffee & Cafe | $940K–$2.3M | 602 | 7% | Disclosed | 2025 vs 2026 → |
| 7-Eleven | Retail | $162K–$1.7M | 8,303 | Varies (see Item 6) | None | 2025 vs 2026 → |
| 911 Restoration | Home Services · restoration | $135K–$334K | 334 | 9% | Disclosed | — |
| A&W | Food · Casual Dining | $301K–$1.7M | 409 | 5% | Disclosed | 2025 vs 2026 → |
| Ace Handyman Services | Home Services · handyman-repair | $132K–$226K | 401 | 6% | Disclosed | 2025 vs 2026 → |
| Ace Hardware | Retail | $611K–$2.1M | 5,250 | No royalty fee | Disclosed | 2025 vs 2026 → |
| Alloy | Fitness | $99K–$759K | 84 | 6% | Disclosed | — |
| Always Best Care Senior Services | Senior Care | $89K–$146K | 291 | 6% | Disclosed | 2025 vs 2026 → |
| Amada Senior Care | Senior Care | $121K–$439K | 266 | 6% | Disclosed | 2025 vs 2026 → |
| American Family Care | Medical | $948K–$1.6M | 407 | 6% | Disclosed | 2025 vs 2026 → |
| Ameriprise Financial Services | Business Services | $9K–$139K | 5,462 | 26.9% | Disclosed | 2025 vs 2026 → |
| Any Lab Test Now | Medical | $183K–$319K | 254 | 7% | Disclosed | 2025 vs 2026 → |
| Anytime Fitness | Fitness | $539K–$906K | 2,282 | Varies (see Item 6) | Disclosed | 2025 vs 2026 → |
| Applebee's | Food · bar-grill | $616K–$5.9M | 1,480 | 4% | Disclosed | 2025 vs 2026 → |
| Arby's | Food · Sandwich | $651K–$2.5M | 3,265 | 4% | Disclosed | 2025 vs 2026 → |
| Archadeck Outdoor Living | Home Services · fencing-decks-concrete | $215K–$240K | 112 | 6.5% | Disclosed | — |
| Auntie Anne's | Food · Fast Food | $157K–$836K | 1,247 | 7% | Disclosed | 2025 vs 2026 → |
| Baskin Robbins | Food · Dessert & Ice Cream | $307K–$627K | 967 | 5.9% | Disclosed | 2025 vs 2026 → |
| Batteries Plus | Retail | $284K–$537K | 734 | 5% | Disclosed | 2025 vs 2026 → |
| Baymont Inn & Suites | Hotels | $7.8M–$10.8M | 547 | 5% | Disclosed | 2025 vs 2026 → |
| Benjamin Franklin Plumbing | Home Services · plumbing | $143K–$287K | 409 | 6% | Disclosed | 2025 vs 2026 → |
| Best Western | Hotels | $6.1M–$12.7M | 1,750 | 5% | None | 2025 vs 2026 → |
| Big Apple Bagels | Food · bakery | $512K–$745K | 48 | 5% | Disclosed | 2025 vs 2026 → |
| Big O Tires | Automotive | $543K–$2.8M | 470 | 5% | Disclosed | 2025 vs 2026 → |
| Biggby Coffee | Food · Coffee & Cafe | $242K–$973K | 461 | 6% | Disclosed | 2025 vs 2026 → |
| Blingle | Home Services · lighting-holiday-decor | $176K–$235K | 71 | 5% | Disclosed | — |
| Bojangles | Food · Chicken | $2.8M–$4M | 867 | 4% | Disclosed | 2025 vs 2026 → |
| Bricks 4 Kidz | Childcare & Education | $34K–$111K | 157 | 7% | Disclosed | — |
| BrightStar Care | Senior Care | $102K–$221K | 427 | 6.25% | Disclosed | 2025 vs 2026 → |
| British Swim School | Childcare & Education | $95K–$177K | 289 | 10% | Disclosed | 2025 vs 2026 → |
| Budget Blinds | Home Services · windows-doors-glass | $100K–$212K | 1,355 | 3.5% | Disclosed | 2025 vs 2026 → |
| Buffalo Wild Wings | Food · Chicken | $2.4M–$5M | 1,178 | 5% | Disclosed | 2025 vs 2026 → |
| Buildingstars | Home Services · cleaning-commercial | $2K–$9K | 1,300 | 10% | Disclosed | 2025 vs 2026 → |
| Bumble Bee Blinds | Home Services · windows-doors-glass | $163K–$209K | 213 | 6% | Disclosed | — |
| Burger King | Food · Fast Food | $348K–$3.4M | 6,650 | 4.5% | Disclosed | 2025 vs 2026 → |
| Burn Boot Camp | Fitness | $221K–$824K | 395 | 6% | Disclosed | 2025 vs 2026 → |
| Camp Bow Wow | Pet Services | $954K–$1.3M | 226 | 7% | Disclosed | 2025 vs 2026 → |
| Candlewood Suites | Hotels | $15.2M–$23.1M | 407 | 5.5% | Disclosed | 2025 vs 2026 → |
| Captain D's | Food · seafood | $662K–$1.9M | 518 | 4.5% | Disclosed | 2025 vs 2026 → |
| Card My Yard | Home Services | $10K–$19K | 492 | 25% | Disclosed | 2025 vs 2026 → |
| Caribou Coffee | Food · Coffee & Cafe | $606K–$979K | 494 | 5% | Disclosed | 2025 vs 2026 → |
| Caring Transitions | Senior Care | $75K–$124K | 423 | 6% | Disclosed | 2025 vs 2026 → |
| Carl's Jr. | Food · Fast Food | $1.8M–$3.4M | 992 | 4% | Disclosed | 2025 vs 2026 → |
| Carvel | Food · Dessert & Ice Cream | $428K–$1.1M | 360 | 6% | Disclosed | 2025 vs 2026 → |
| Century 21 Real Estate | Real Estate | $35K–$287K | 1,685 | 6% | None | 2025 vs 2026 → |
| Charleys | Food · Sandwich | $202K–$1.1M | 826 | 6% | Disclosed | 2025 vs 2026 → |
| Charleys Cheesesteaks | Food · Sandwich | $203K–$985K | 813 | 6% | Disclosed | — |
| Checkers/Rally's | Food · Fast Food | $214K–$2M | 719 | 4% | Disclosed | — |
| Chem-Dry | Home Services · cleaning-carpet-upholstery | $74K–$250K | 963 | 7% | Disclosed | 2025 vs 2026 → |
| Chester's | Food · Chicken | $15K–$307K | 918 | Varies (see Item 6) | None | 2025 vs 2026 → |
| Chick-fil-A | Food · Chicken | $585K–$3.5M | 424 | 10% | Disclosed | — |
| Chicken Salad Chick | Food · Chicken | $777K–$1.1M | 326 | 5% | Disclosed | 2025 vs 2026 → |
| Christian Brothers Automotive | Automotive | $515K–$651K | 326 | 50% | Disclosed | 2025 vs 2026 → |
| Church's Texas Chicken | Food · Chicken | $1.2M–$1.9M | 885 | 5% | Disclosed | 2025 vs 2026 → |
| Cinnabon | Food · Dessert & Ice Cream | $256K–$704K | 1,338 | 6% | Disclosed | 2025 vs 2026 → |
| Circle K | Retail | $1.4M–$2.9M | 6,071 | 6% | None | 2025 vs 2026 → |
| Club Pilates | Fitness | $403K–$1.1M | 1,179 | 8% | Disclosed | 2025 vs 2026 → |
| Club Z! | Childcare & Education | $40K–$58K | 319 | 8% | Disclosed | 2025 vs 2026 → |
| CMIT Solutions | Business Services | $106K–$160K | 304 | 7% | Disclosed | 2025 vs 2026 → |
| Code Ninjas | Childcare & Education | $174K–$266K | 245 | 8.25% | Disclosed | 2025 vs 2026 → |
| Cold Stone Creamery | Food · Dessert & Ice Cream | $390K–$681K | 1,054 | 6% | Disclosed | 2025 vs 2026 → |
| Coldwell Banker Real Estate | Real Estate | $33K–$522K | 1,781 | 5.5% | None | — |
| ComForCare | Senior Care | $102K–$164K | 270 | 7% | Disclosed | 2025 vs 2026 → |
| Comfort | Hotels | $822K–$3.4M | 1,643 | 6% | Disclosed | 2025 vs 2026 → |
| Comfort Keepers | Senior Care | $119K–$191K | 624 | 5% | Disclosed | 2025 vs 2026 → |
| Conserva Irrigation | Home Services · lawn-landscaping | $125K–$160K | 210 | 8% | Disclosed | — |
| Cornwell Quality Tools | Business Services | $174K–$321K | 811 | No royalty fee | Disclosed | 2025 vs 2026 → |
| Country Inn & Suites by Radisson | Hotels | $851K–$19.5M | 400 | 6% | Disclosed | 2025 vs 2026 → |
| Courtyard by Marriott | Hotels | $15.1M–$35.6M | 1,083 | 6% | Disclosed | 2025 vs 2026 → |
| Coverall | Business Services | $17K–$65K | 5,669 | 5% | Disclosed | 2025 vs 2026 → |
| Cruise Planners | Business Services · travel | $1K–$21K | 3,125 | 3% | Disclosed | 2025 vs 2026 → |
| CruiseOne | Business Services · travel | $2K–$21K | 2,515 | 3% | Disclosed | 2025 vs 2026 → |
| Crumbl | Food · Dessert & Ice Cream | $848K–$1.5M | 1,101 | 8% | Disclosed | 2025 vs 2026 → |
| Crunch | Fitness | $2.1M–$5.4M | 486 | 5% | Disclosed | 2025 vs 2026 → |
| Culver's | Food · Dessert & Ice Cream | $3.4M–$10.3M | 1,041 | 4% | Disclosed | 2025 vs 2026 → |
| Dairy Queen | Food · Dessert & Ice Cream | $1.5M–$2.6M | 1,985 | 4% | Disclosed | 2025 vs 2026 → |
| Dave's Hot Chicken | Food · Chicken | $823K–$4.2M | 358 | 6% | None | 2025 vs 2026 → |
| Days Inn | Hotels | $248K–$10.1M | 1,201 | 5.5% | Disclosed | 2025 vs 2026 → |
| Del Taco | Food · mexican | $1.4M–$3.4M | 594 | 5% | Disclosed | — |
| Denny's | Food · Casual Dining | $1.6M–$3.1M | 1,274 | 7% | Disclosed | 2025 vs 2026 → |
| Dogtopia | Pet Services | $664K–$1.5M | 266 | 7% | Disclosed | 2025 vs 2026 → |
| DoItBest | Retail | $852K–$1.6M | 4,053 | Varies (see Item 6) | None | — |
| Domino's Pizza | Food · Pizza | $107K–$744K | 7,236 | 5.5% | Disclosed | 2025 vs 2026 → |
| Dq | Food · Fast Food | $548K–$1.6M | 743 | 5% | None | 2025 vs 2026 → |
| DreamMaker Bath & Kitchen | Home Services · kitchen-bath-remodel | $329K–$655K | 47 | 7% | Disclosed | 2025 vs 2026 → |
| Drybar | Beauty & Personal Care | $401K–$706K | 198 | 7% | Disclosed | — |
| Dryer Vent Superheroes | Home Services · handyman-repair | $87K–$151K | 58 | 6% | Disclosed | 2025 vs 2026 → |
| Dunkin' | Food · Coffee & Cafe | $142K–$1.9M | 8,780 | 5.9% | Disclosed | 2025 vs 2026 → |
| Dutch Bros | Food · Coffee & Cafe | $500K–$1.5M | 912 | — | Disclosed | — |
| Econo Lodge | Hotels | $194K–$1.2M | 599 | 5% | Disclosed | — |
| Edible Arrangements | Food · Dessert & Ice Cream | $213K–$587K | 599 | 5% | Disclosed | 2025 vs 2026 → |
| Einstein Bros. Bagels | Food · breakfast-brunch | $650K–$1.3M | 464 | 5% | Disclosed | 2025 vs 2026 → |
| El Pollo Loco | Food · Chicken | $793K–$2.7M | 503 | 5% | Disclosed | 2025 vs 2026 → |
| Ellie Mental Health | Medical | $189K–$446K | 249 | 7.5% | Disclosed | 2025 vs 2026 → |
| EOS Worldwide | Business Services | $61K–$153K | 738 | Varies (see Item 6) | Disclosed | 2025 vs 2026 → |
| European Wax Center | Beauty & Personal Care | $331K–$777K | 1,047 | 6% | Disclosed | 2025 vs 2026 → |
| Express Employment Professionals | Business Services | $131K–$288K | 765 | 40% | Disclosed | 2025 vs 2026 → |
| Extended Stay America Suites | Hotels | $9.1M–$14.3M | 427 | 5.5% | Disclosed | 2025 vs 2026 → |
| F45 Training | Business Services | $362K–$858K | 708 | 7% | Disclosed | 2025 vs 2026 → |
| Fairfield by Marriott | Hotels | $12.2M–$27.3M | 1,191 | 5.5% | Disclosed | 2025 vs 2026 → |
| Fantastic Sams | Beauty & Personal Care | $162K–$453K | 484 | 6% | Disclosed | 2025 vs 2026 → |
| Fastest Labs | Medical | $130K–$200K | 248 | 7% | Disclosed | 2025 vs 2026 → |
| Fastsigns | Business Services | $231K–$387K | 710 | 6% | Disclosed | 2025 vs 2026 → |
| Filta | Business Services | $141K–$164K | 379 | 6.5% | Disclosed | 2025 vs 2026 → |
| Firehouse Subs | Food · Sandwich | $405K–$1.6M | 1,291 | 6% | Disclosed | 2025 vs 2026 → |
| FirstLight Home Care | Senior Care | $151K–$257K | 284 | 5% | Disclosed | 2025 vs 2026 → |
| Fish Window Cleaning | Home Services · exterior-cleaning | $111K–$180K | 276 | 8% | Disclosed | 2025 vs 2026 → |
| Five Star Bath Solutions | Home Services | $162K–$334K | 348 | 6% | None | 2025 vs 2026 → |
| Five Star Painting | Home Services · painting | $82K–$195K | 245 | 6% | Disclosed | 2025 vs 2026 → |
| Freddy's | Food · Casual Dining | $854K–$2.9M | 580 | 5% | Disclosed | 2025 vs 2026 → |
| Freeway Insurance | Business Services | $34K–$84K | 696 | 14% | Disclosed | 2025 vs 2026 → |
| Fujisan Fresh Harvest | Food · asian | $28K–$105K | 773 | 15% | None | 2025 vs 2026 → |
| Fully Promoted | Business Services | $134K–$355K | 305 | 6% | Disclosed | 2025 vs 2026 → |
| Fundraising University | Business Services | $79K–$85K | 81 | 8% | Disclosed | — |
| Fyzical | Fitness | $64K–$520K | 595 | 6% | Disclosed | — |
| Garage Force | Home Services | $132K–$201K | 306 | 5% | Disclosed | 2025 vs 2026 → |
| Godfather's Pizza | Food · Pizza | $711K–$1.4M | 606 | 3.25% | None | 2025 vs 2026 → |
| Golden Corral | Food · Casual Dining | $1.4M–$6.2M | 348 | 4% | Disclosed | 2025 vs 2026 → |
| Goldfish Swim School | Childcare & Education | $2.5M–$6M | 199 | 6% | Disclosed | 2025 vs 2026 → |
| Good Neighbor Pharmacy | Retail | $43K–$557K | 2,361 | Varies (see Item 6) | Disclosed | 2025 vs 2026 → |
| Goosehead Insurance | Business Services | $66K–$112K | 1,022 | 20% | Disclosed | 2025 vs 2026 → |
| Great Clips | Beauty & Personal Care | $187K–$420K | 4,441 | 6% | Disclosed | 2025 vs 2026 → |
| Gymguyz | Fitness · personal-training | $112K–$194K | 154 | 7% | Disclosed | — |
| H&R Block | Business Services | $34K–$159K | 8,688 | Up to 60% | None | — |
| Häagen-Dazs | Food · Dessert & Ice Cream | $213K–$592K | 215 | 4% | Disclosed | — |
| Habit Burger & Grill | Food · bakery | $1M–$2.9M | 383 | 5.5% | Disclosed | 2025 vs 2026 → |
| Hampton By Hilton | Hotels | $17M–$24.8M | 2,390 | 6% | Disclosed | 2025 vs 2026 → |
| Hand and Stone Massage and Facial Spa | Beauty & Personal Care | $320K–$865K | 615 | 6% | Disclosed | 2025 vs 2026 → |
| Hardee's | Food · Fast Food | $1.3M–$2.7M | 1,571 | 4% | Disclosed | 2025 vs 2026 → |
| Hilton Garden Inn | Hotels | $25.4M–$37.4M | 759 | 5.5% | Disclosed | 2025 vs 2026 → |
| Hissho Sushi | Food · asian | $26K–$145K | 2,750 | 25% | None | 2025 vs 2026 → |
| Holiday Inn Express | Hotels | $13.8M–$20.9M | 2,340 | 6% | Disclosed | 2025 vs 2026 → |
| Home Helpers | Senior Care | $120K–$176K | 362 | 6% | Disclosed | 2025 vs 2026 → |
| Home Instead | Senior Care | $92K–$351K | 634 | 5% | Disclosed | 2025 vs 2026 → |
| Home2 Suites by Hilton | Hotels | $18M–$26.6M | 731 | 6% | Disclosed | 2025 vs 2026 → |
| HomeVestors | Business Services | $107K–$478K | 888 | 2% | Disclosed | 2025 vs 2026 → |
| Homewatch CareGivers | Senior Care | $142K–$195K | 260 | 5% | Disclosed | 2025 vs 2026 → |
| Homewood Suites by Hilton | Hotels | $23.7M–$34.8M | 531 | 5.5% | Disclosed | 2025 vs 2026 → |
| Hotworx | Fitness | $288K–$831K | 812 | Varies (see Item 6) | Disclosed | 2025 vs 2026 → |
| Huntington Learning Center | Childcare & Education | $191K–$341K | 245 | 9.5% | Disclosed | 2025 vs 2026 → |
| Hyatt Place | Hotels | $23.4M–$29.9M | 347 | 5% | Disclosed | 2025 vs 2026 → |
| i9 Sports | Childcare & Education | $36K–$70K | 294 | 7.5% | Disclosed | 2025 vs 2026 → |
| IHOP | Food · breakfast-brunch | $1.9M–$3.4M | 1,642 | 4.5% | Disclosed | 2025 vs 2026 → |
| Jack In The Box | Food · Fast Food | $1.9M–$4.1M | 2,136 | 5% | Disclosed | 2025 vs 2026 → |
| Jackson Hewitt Tax Service | Business Services | $71K–$105K | 5,124 | 15% | Disclosed | 2025 vs 2026 → |
| Jamba | Food · juice-smoothie-tea | $480K–$942K | 710 | 6% | Disclosed | 2025 vs 2026 → |
| Jani-King | Business Services | $49K–$138K | 4,750 | 10% | None | 2025 vs 2026 → |
| Jazzercise | Fitness | $4K–$65K | 5,092 | 20% | None | 2025 vs 2026 → |
| Jersey Mike's | Food · Sandwich | $436K–$1.2M | 3,227 | 6.5% | Disclosed | 2025 vs 2026 → |
| Jiffy Lube | Automotive | $211K–$510K | 2,083 | 4% | Disclosed | 2025 vs 2026 → |
| Jimmy John's | Food · Sandwich | $366K–$734K | 2,777 | 6% | Disclosed | 2025 vs 2026 → |
| Keller Williams Realty | Business Services | $183K–$337K | 751 | 6% | None | 2025 vs 2026 → |
| KFC | Food · Chicken | $2.1M–$4.2M | 3,490 | 5.25% | Disclosed | 2025 vs 2026 → |
| Kiddie Academy | Childcare & Education | $590K–$1.1M | 364 | 7% | Disclosed | 2025 vs 2026 → |
| Koala Insulation | Home Services · insulation | $194K–$242K | 333 | 6.5% | Disclosed | 2025 vs 2026 → |
| Kona Ice | Food · Dessert & Ice Cream | $114K–$229K | 1,933 | Varies (see Item 6) | None | 2025 vs 2026 → |
| Kumon | Childcare & Education | $101K–$234K | 1,710 | Varies (see Item 6) | None | 2025 vs 2026 → |
| La Quinta | Hotels | $13M–$18.3M | 864 | 6% | Disclosed | 2025 vs 2026 → |
| Lawn Doctor | Home Services · lawn-landscaping | $135K–$164K | 675 | 10% | Disclosed | 2025 vs 2026 → |
| Liberty Tax Service | Business Services | $49K–$72K | 1,663 | 14% | Disclosed | 2025 vs 2026 → |
| Linc Service | Home Services · hvac | $66K–$141K | 103 | 4.5% | Disclosed | — |
| Little Caesars | Food · Pizza | $376K–$1.8M | 4,374 | 6% | None | 2025 vs 2026 → |
| Mac Tools | Automotive | $137K–$419K | 832 | Varies (see Item 6) | Disclosed | 2025 vs 2026 → |
| MaidPro | Home Services · cleaning-residential | $109K–$159K | 255 | 6% | Disclosed | 2025 vs 2026 → |
| Marco's Pizza | Food · Pizza | $286K–$812K | 1,184 | 5.5% | Disclosed | 2025 vs 2026 → |
| Marriott | Hotels | $104.8M–$172.3M | 369 | 6% | Disclosed | 2025 vs 2026 → |
| Massage Envy | Fitness | $695K–$1.1M | 993 | 6% | Disclosed | 2025 vs 2026 → |
| Matco Tools | Automotive | $104K–$377K | 1,741 | Varies (see Item 6) | None | 2025 vs 2026 → |
| Mathnasium | Childcare & Education | $127K–$166K | 1,047 | 10% | Disclosed | 2025 vs 2026 → |
| McAlister's Deli | Food · Sandwich | $910K–$2.6M | 572 | 5% | Disclosed | 2025 vs 2026 → |
| McDonald's | Food · Fast Food | $1.4M–$2.9M | 13,706 | 5% | Disclosed | 2025 vs 2026 → |
| Meineke | Automotive | $224K–$1.3M | 716 | 7% | Disclosed | — |
| Merle Norman Cosmetics | Beauty & Personal Care | $47K–$263K | 757 | Varies (see Item 6) | None | 2025 vs 2026 → |
| Merry Maids | Home Services · cleaning-residential | $126K–$170K | 684 | 7% | Disclosed | 2025 vs 2026 → |
| Microtel Inn & Suites by Wyndham | Hotels | $7.5M–$9.6M | 280 | 6% | Disclosed | 2025 vs 2026 → |
| Midas | Automotive | $385K–$941K | 1,000 | 10% | Disclosed | 2025 vs 2026 → |
| Midtown Chimney Sweeps | Home Services | $150K–$176K | 31 | 7% | Disclosed | 2025 vs 2026 → |
| Mighty Dog Roofing | Home Services · roofing-siding-gutters | $173K–$226K | 329 | 6% | Disclosed | 2025 vs 2026 → |
| Minuteman Press | Business Services | $138K–$217K | 1,039 | 6% | Disclosed | 2025 vs 2026 → |
| Miracle Ear | Medical | $120K–$403K | 1,595 | Varies (see Item 6) | Disclosed | 2025 vs 2026 → |
| Mister Softee | Food · Dessert & Ice Cream | $297K–$385K | 617 | Varies (see Item 6) | None | 2025 vs 2026 → |
| Mister Sparky | Home Services · electrical | $133K–$277K | 255 | 6% | Disclosed | 2025 vs 2026 → |
| Mobility City | Medical | $240K–$540K | 51 | 7% | Disclosed | 2025 vs 2026 → |
| MOD Pizza | Food · Pizza | $924K–$1.3M | 449 | 5% | None | — |
| Moe's Southwest Grill | Food · mexican | $644K–$2M | 568 | 5% | Disclosed | 2025 vs 2026 → |
| Molly Maid | Home Services · cleaning-residential | $144K–$204K | 432 | 6.5% | Disclosed | 2025 vs 2026 → |
| Mosquito Authority | Home Services | $39K–$129K | 522 | 10% | Disclosed | 2025 vs 2026 → |
| Mosquito Joe | Home Services · pest-control | $150K–$192K | 407 | 10% | Disclosed | 2025 vs 2026 → |
| Mosquito Shield | Home Services · pest-control | $120K–$163K | 407 | 8% | Disclosed | 2025 vs 2026 → |
| Mosquito Squad | Home Services | $162K–$221K | 247 | 10% | Disclosed | 2025 vs 2026 → |
| Motel 6 | Hotels | $195K–$8.9M | 1,197 | 5% | Disclosed | 2025 vs 2026 → |
| Mountain Mike's Pizza | Food · Pizza | $356K–$994K | 321 | 5% | Disclosed | 2025 vs 2026 → |
| Mr. Appliance | Home Services · handyman-repair | $147K–$274K | 311 | 7% | Disclosed | 2025 vs 2026 → |
| Mr. Handyman | Home Services · handyman-repair | $161K–$215K | 357 | 7% | Disclosed | 2025 vs 2026 → |
| My Salon Suite | Beauty & Personal Care | $994K–$1.9M | 371 | 5.5% | Disclosed | 2025 vs 2026 → |
| NextHome | Business Services | $16K–$222K | 587 | Varies (see Item 6) | None | 2025 vs 2026 → |
| Noodles & Company | Food · asian | $1M–$1.8M | 423 | 5% | Disclosed | 2025 vs 2026 → |
| Nothing Bundt Cakes | Food · Dessert & Ice Cream | $475K–$995K | 779 | 6% | Disclosed | 2025 vs 2026 → |
| OLM / Hot Stuff Kitchen and Hot Stuff Pizza | Food · Pizza | $62K–$176K | 655 | 0% | None | — |
| Once Upon A Child | Retail | $355K–$486K | 441 | 5% | Disclosed | 2025 vs 2026 → |
| One Hour Heating & Air Conditioning | Home Services · hvac | $143K–$287K | 446 | 6% | Disclosed | 2025 vs 2026 → |
| Orangetheory | Fitness | $764K–$1.2M | 1,224 | 8% | Disclosed | 2025 vs 2026 → |
| Orangetheory Fitness | Fitness | $764K–$1.2M | 1,224 | — | Disclosed | 2025 vs 2026 → |
| Outdoor Lighting Perspectives | Home Services · lighting-holiday-decor | $180K–$227K | 141 | 7% | Disclosed | — |
| Oxi Fresh | Home Services · cleaning-carpet-upholstery | $50K–$88K | 461 | Varies (see Item 6) | Disclosed | 2025 vs 2026 → |
| Palm Beach Beauty & Tan | Beauty & Personal Care | $755K–$1.3M | 634 | 6% | Disclosed | 2025 vs 2026 → |
| Panda Express | Food · asian | $514K–$3.3M | 2,607 | 8% | Disclosed | 2025 vs 2026 → |
| Panera Bread | Food · bakery | $1.3M–$4.6M | 2,214 | 5% | Disclosed | 2025 vs 2026 → |
| Papa John's | Food · Pizza | $281K–$891K | 3,294 | 5% | Disclosed | 2025 vs 2026 → |
| Papa Murphy's | Food · Pizza | $450K–$694K | 1,014 | 5% | Disclosed | — |
| Paris Baguette | Food · bakery | $727K–$1.9M | 269 | 5% | Disclosed | 2025 vs 2026 → |
| Paul Davis Restoration | Home Services · restoration | $298K–$805K | 277 | 4% | Disclosed | 2025 vs 2026 → |
| Pearle Vision | Medical | $778K–$1.3M | 484 | 7% | Disclosed | 2025 vs 2026 → |
| Penn Station | Food · Sandwich | $440K–$820K | 322 | 8% | Disclosed | 2025 vs 2026 → |
| Pet Supplies Plus | Pet Services | $520K–$1.9M | 729 | 3% | Disclosed | 2025 vs 2026 → |
| Phenix Salon Suites | Beauty & Personal Care | $922K–$2.3M | 418 | Varies (see Item 6) | Disclosed | 2025 vs 2026 → |
| Pillar To Post | Home Services · home-inspection | $102K–$135K | 382 | 7% | Disclosed | 2025 vs 2026 → |
| Pizza Hut | Food · Pizza | $670K–$2.2M | 5,031 | 6.5% | Disclosed | 2025 vs 2026 → |
| Planet Fitness | Fitness | $1.2M–$5.4M | 2,709 | 7% | Disclosed | 2025 vs 2026 → |
| Plato's Closet | Retail | $355K–$468K | 526 | 5% | Disclosed | 2025 vs 2026 → |
| Play It Again Sports | Retail | $346K–$460K | 309 | 5% | Disclosed | 2025 vs 2026 → |
| Playa Bowls | Food · healthy-bowls | $281K–$1.1M | 372 | 6% | Disclosed | 2025 vs 2026 → |
| Popeye's Louisiana Kitchen | Food · Chicken | $504K–$4M | 3,229 | 5% | Disclosed | 2025 vs 2026 → |
| Potbelly Sandwich Shop | Food · Sandwich | $628K–$1M | 470 | 6% | Disclosed | 2025 vs 2026 → |
| Primrose Schools | Childcare & Education | $5M–$8M | 557 | 7% | Disclosed | 2025 vs 2026 → |
| Pump It Up | Childcare & Education | $104K–$763K | 39 | 6% | Disclosed | 2025 vs 2026 → |
| Pure Barre | Fitness | $445K–$737K | 617 | 7% | Disclosed | 2025 vs 2026 → |
| PuroClean | Home Services · restoration | $108K–$278K | 433 | 10% | Disclosed | — |
| Qdoba Mexican Eats | Food · mexican | $548K–$1.3M | 827 | 5% | Disclosed | 2025 vs 2026 → |
| Quality Inn | Hotels | $332K–$1.9M | 1,566 | 5.25% | Disclosed | 2025 vs 2026 → |
| Rainbow Restoration | Home Services · restoration | $185K–$352K | 328 | 8% | Disclosed | 2025 vs 2026 → |
| RE/MAX | Business Services | $37K–$337K | 2,994 | 1% | None | 2025 vs 2026 → |
| Real Property Management | Business Services | $99K–$245K | 450 | 7% | Disclosed | 2025 vs 2026 → |
| Red Roof Inn | Hotels | $264K–$1.6M | 623 | 5% | Disclosed | 2025 vs 2026 → |
| Regus | Business Services | $720K–$1.6M | 962 | 6% | Disclosed | — |
| Residence Inn by Marriott | Hotels | $15.3M–$45.5M | 889 | 6% | Disclosed | 2025 vs 2026 → |
| Restoration 1 | Home Services | $126K–$310K | 278 | 7% | Disclosed | 2025 vs 2026 → |
| Right At Home | Senior Care | $94K–$177K | 572 | 5% | Disclosed | 2025 vs 2026 → |
| Rita's | Food · Dessert & Ice Cream | $315K–$713K | 578 | 6.5% | Disclosed | 2025 vs 2026 → |
| Rodeway Inn | Hotels | $108K–$703K | 432 | 5% | Disclosed | 2025 vs 2026 → |
| Sbarro | Food · Pizza | $211K–$931K | 387 | 7% | Disclosed | 2025 vs 2026 → |
| Scenthound | Pet Services | $322K–$551K | 154 | 6% | Disclosed | 2025 vs 2026 → |
| Schlotzsky's | Food · Sandwich | $675K–$2.3M | 294 | 6% | Disclosed | 2025 vs 2026 → |
| School of Rock | Childcare & Education | $378K–$757K | 323 | 8% | Disclosed | 2025 vs 2026 → |
| Scoop Soldiers | Pet Services | $64K–$123K | 115 | 16% | Disclosed | 2025 vs 2026 → |
| Scooter's Coffee | Food · Coffee & Cafe | $658K–$1.4M | 906 | 6% | Disclosed | 2025 vs 2026 → |
| Senior Helpers | Senior Care | $176K–$232K | 401 | 5% | Disclosed | 2025 vs 2026 → |
| ServiceMaster Clean | Home Services · cleaning-commercial | $111K–$188K | 584 | 10% | Disclosed | 2025 vs 2026 → |
| ServiceMaster Restore | Home Services · restoration | $287K–$475K | 1,910 | 10% | Disclosed | 2025 vs 2026 → |
| Servpro | Home Services · restoration | $263K–$386K | 2,354 | 10% | None | 2025 vs 2026 → |
| ShelfGenie | Home Services · closets-organization | $55K–$149K | 274 | 7% | Disclosed | 2025 vs 2026 → |
| Shipley Do-Nuts | Food · Dessert & Ice Cream | $516K–$856K | 393 | 5% | Disclosed | 2025 vs 2026 → |
| Shoot 360 | Fitness | $653K–$2.2M | 52 | 12% | Disclosed | 2025 vs 2026 → |
| Signal | Business Services | $160K–$10.2M | 1,883 | 4% | Disclosed | 2025 vs 2026 → |
| Signarama | Retail | $245K–$345K | 684 | 6% | Disclosed | 2025 vs 2026 → |
| Sleep Inn | Hotels | $9.1M–$14.4M | 402 | 5.5% | Disclosed | 2025 vs 2026 → |
| SmartStyle | Beauty & Personal Care | $184K–$337K | 911 | 5% | None | — |
| Smash My Trash | Home Services | $372K–$493K | 523 | 8% | Disclosed | 2025 vs 2026 → |
| Smoothie King | Food · juice-smoothie-tea | $329K–$1.3M | 1,242 | 6% | Disclosed | 2025 vs 2026 → |
| Snap Fitness | Fitness | $554K–$828K | 468 | Varies (see Item 6) | Disclosed | 2025 vs 2026 → |
| Snap-on | Retail | $223K–$510K | 3,328 | Varies (see Item 6) | Disclosed | — |
| Soccer Shots | Childcare & Education | $42K–$55K | 335 | 7% | Disclosed | 2025 vs 2026 → |
| Sola Salons | Beauty & Personal Care | $950K–$1.8M | 744 | 5.5% | Disclosed | 2025 vs 2026 → |
| Sonic | Food · Fast Food | $1.4M–$2.6M | 3,412 | 5% | Disclosed | 2025 vs 2026 → |
| Sotheby's International Realty | Real Estate | $47K–$332K | 709 | 6% | None | 2025 vs 2026 → |
| Sport Clips Haircuts | Beauty & Personal Care | $236K–$581K | 1,788 | 6% | Disclosed | 2025 vs 2026 → |
| SpringHill Suites | Hotels | $13.2M–$32M | 579 | 5.5% | Disclosed | 2025 vs 2026 → |
| Stanley Steemer | Home Services · cleaning-carpet-upholstery | $175K–$510K | 264 | 7% | Disclosed | 2025 vs 2026 → |
| Staybridge Suites | Hotels | $21.2M–$31.9M | 297 | 5.5% | Disclosed | 2025 vs 2026 → |
| Stretch Lab | Fitness | $271K–$815K | 486 | 8% | Disclosed | 2025 vs 2026 → |
| Stretch Zone | Fitness | $142K–$306K | 413 | 7% | Disclosed | 2025 vs 2026 → |
| Stroll | Business Services | $2K–$13K | 695 | 15% | Disclosed | 2025 vs 2026 → |
| Studio 6 | Hotels | $200K–$9.7M | 300 | 5% | Disclosed | 2025 vs 2026 → |
| Subway | Food · Sandwich | $263K–$630K | 18,773 | 8% | None | 2025 vs 2026 → |
| Super 8 | Hotels | $5M–$7.2M | 1,344 | 5.5% | Disclosed | 2025 vs 2026 → |
| Supercuts | Beauty & Personal Care | $185K–$324K | 1,801 | 6% | Disclosed | 2025 vs 2026 → |
| Superior Fence & Rail, Inc | Home Services · fencing-decks-concrete | $134K–$279K | 312 | 6% | Disclosed | 2025 vs 2026 → |
| Sylvan Learning | Childcare & Education | $117K–$289K | 433 | 12% | Disclosed | 2025 vs 2026 → |
| Synergy HomeCare | Senior Care | $80K–$165K | 626 | 5% | Disclosed | 2025 vs 2026 → |
| Taco Bell | Food · mexican | $1.8M–$4.4M | 7,998 | 5.5% | Disclosed | 2025 vs 2026 → |
| Take 5 Oil Change | Automotive | $912K–$2.1M | 1,142 | — | Disclosed | — |
| TeamLogic IT | Business Services | $115K–$151K | 344 | 7% | Disclosed | — |
| Temporary Wall Systems | Business Services | $155K–$367K | 309 | 8% | None | 2025 vs 2026 → |
| TGI Fridays | Food · bar-grill | $1.3M–$4.6M | 80 | 5% | Disclosed | — |
| That 1 Painter | Home Services · painting | $96K–$137K | 323 | 6% | Disclosed | 2025 vs 2026 → |
| The Cleaning Authority | Home Services · cleaning-residential | $92K–$148K | 244 | 6% | Disclosed | 2025 vs 2026 → |
| The Goddard School | Childcare & Education | $1M–$1.6M | 665 | 7% | Disclosed | 2025 vs 2026 → |
| The Joint Chiropractic | Medical | $245K–$543K | 960 | 7% | Disclosed | 2025 vs 2026 → |
| The Little Gym | Fitness | $420K–$723K | 256 | 8% | Disclosed | 2025 vs 2026 → |
| The Patch Boys | Home Services · handyman-repair | $74K–$106K | 264 | 8% | Disclosed | 2025 vs 2026 → |
| The UPS Store | Business Services | $222K–$607K | 5,503 | 5% | Disclosed | 2025 vs 2026 → |
| Tim Hortons | Food · Coffee & Cafe | $427K–$3.4M | 693 | 6% | Disclosed | — |
| Tire Pros | Automotive | $111K–$444K | 495 | Varies (see Item 6) | None | 2025 vs 2026 → |
| TownePlace Suites by Marriott | Hotels | $13M–$30M | 571 | 5.5% | Disclosed | 2025 vs 2026 → |
| Travelodge | Hotels | $231K–$11.4M | 317 | 5% | Disclosed | 2025 vs 2026 → |
| Tropical Smoothie Cafe | Food · juice-smoothie-tea | $275K–$771K | 1,651 | 6% | Disclosed | 2025 vs 2026 → |
| True North Restoration | Home Services · restoration | $147K–$244K | 24 | 7% | Disclosed | 2025 vs 2026 → |
| Two Men and a Truck | Home Services · junk-moving-dumpster | $92K–$513K | 351 | 6% | Disclosed | 2025 vs 2026 → |
| uBreakiFix by Asurion | Retail | $171K–$469K | 677 | 7% | Disclosed | 2025 vs 2026 → |
| Valvoline Instant Oil Change | Automotive | $192K–$3.5M | 2,039 | 6% | Disclosed | 2025 vs 2026 → |
| Vision Source | Medical | $100K–$450K | 3,027 | 2.5% | None | 2025 vs 2026 → |
| Visiting Angels | Senior Care | $125K–$172K | 541 | 3.5% | Disclosed | 2025 vs 2026 → |
| Waxing The City | Beauty & Personal Care | $339K–$647K | 167 | 6% | Disclosed | 2025 vs 2026 → |
| Wendy's | Food · Fast Food | $1.5M–$3.2M | 5,969 | 6% | Disclosed | 2025 vs 2026 → |
| Wetzel's Pretzels | Food · snacks-treats | $188K–$726K | 458 | 7% | Disclosed | 2025 vs 2026 → |
| Wingstop | Food · Chicken | $310K–$1.1M | 2,586 | 6% | Disclosed | 2025 vs 2026 → |
| Wireless Zone | Business Services | $441K–$1.4M | 792 | 22% | Disclosed | 2025 vs 2026 → |
| Woof Gang Bakery | Pet Services | $191K–$561K | 288 | 7% | Disclosed | 2025 vs 2026 → |
| Wyndham Grand | Hotels | $1.5M–$108.2M | 10 | 5% | Disclosed | 2025 vs 2026 → |
| Zaxby's | Food · Chicken | $1.4M–$3.9M | 1,005 | 6% | Disclosed | 2025 vs 2026 → |
| Zoomin Groomin | Pet Services | $64K–$206K | 257 | 8% | Disclosed | 2025 vs 2026 → |
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