FDD Year-over-Year Comparison
Scenthound FDD: What Changed from 2025 to 2026
The 2026 Scenthound FDD moves the Item 7 estimated initial investment range from $328,099–$549,869 to $322,999–$550,769, and the system grows from 122 to 154 outlets year-over-year. Both filings include an Item 19 financial performance representation.
Item 7 — Estimated Initial Investment
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Low end of range | $328,099 | $322,999 | −$5,100 (−1.6%) |
| High end of range | $549,869 | $550,769 | +$900 (+0.2%) |
| Full range | $328,099–$549,869 | $322,999–$550,769 |
The 2026 filing puts the Item 7 estimated initial investment at $322,999–$550,769, versus $328,099–$549,869 in the 2025 filing. The low end moves by −$5,100 (−1.6%) and the high end moves by +$900 (+0.2%).
Item 20 — System Size (Outlet Count)
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Total outlets (Item 20) | 122 | 154 | +32 (+26.2%) |
Scenthound reports 154 outlets in the 2026 FDD, versus 122 in the 2025 filing (+32 (+26.2%)).
Item 19 — Financial Performance Representations
Scenthound included an Item 19 financial performance representation in both the 2025 and 2026 filings.
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