The 2026 Auntie Anne's FDD moves the Item 7 estimated initial investment range from $156,175–$638,300 to $157,795–$835,500, and the system grows from 1,193 to 1,247 outlets (+4.5%) year-over-year. Both filings include an Item 19 financial performance representation.
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Low end of range | $156,175 | $157,795 | +$1,620 (+1.0%) |
| High end of range | $638,300 | $835,500 | +$197,200 (+30.9%) |
| Full range | $156,175–$638,300 | $157,795–$835,500 |
The 2026 filing puts the Item 7 estimated initial investment at $157,795–$835,500, against $156,175–$638,300 in the 2025 filing. The low end moves by +$1,620 (+1.0%) and the high end moves by +$197,200 (+30.9%), widening the band from $482,125 to $677,705.
2025 filing: Item 6 and Schedule A detail all ongoing and other fees; Advertising Contribution and Local Marketing Obligation are jointly capped at 5% of Net Sales per Item 6. Grand Opening advertising obligation, technology, ongoing training, and additional fees may apply depending on shop format. 2026 filing: Co-branded, food truck, and other shop formats have different initial franchise fee and investment ranges. See Item 7 for all variants.
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Total outlets (Item 20) | 1,193 | 1,247 | +54 (+4.5%) |
| Franchised outlets | 1,182 | 1,236 | +54 (+4.6%) |
| Company-owned outlets | 11 | 11 | unchanged |
| Openings during the year | 75 | 92 | +17 |
| Closures during the year | 49 | 38 | −11 |
Auntie Anne's reports 1,247 outlets in the 2026 FDD, against 1,193 in the 2025 filing — a change of +54 (+4.5%).
Outlet counts as each filing states them — 2025: December 31, 2024; 2026: As of December 31, 2025. Counts include affiliate-owned outlets classified as company-owned. Transfer, opening, and closure data drawn from Item 20 outlet count tables. Data excludes signed-not-opened agreements and terminated agreements prior to opening. See Item 20 for detailed year-by-year status.
Auntie Anne's included an Item 19 financial performance representation in both the 2025 and 2026 filings. The 2026 filing discloses financial performance, broken out across 4 outlet segments for Fiscal Year 2025 (fiscal year ended December 28, 2025).
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Standard royalty rate | 7% | 7% | unchanged |
The standard royalty rate holds at 7% of Net Sales across both filings.
2025 filing: Royalty calculated as a percent of Net Sales, payable weekly; may be increased up to 8% at the franchisor’s discretion for future agreements.