The 2026 Stroll FDD holds the Item 7 estimated initial investment range at $2,175–$12,560, and the system holds at 695 outlets year-over-year. Both filings include an Item 19 financial performance representation.
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Low end of range | $2,175 | $2,175 | unchanged |
| High end of range | $12,560 | $12,560 | unchanged |
| Full range | $2,175–$12,560 | $2,175–$12,560 |
The Item 7 estimated initial investment range matches across both filings at $2,175–$12,560.
2026 filing: Item 5 states the initial franchise fee is $735 but is waived for franchises offered/entered into on or after the issuance date that facilitate publishing of a new publication; franchisor reserves the right to charge $735 for management of a formerly Bridge Publication.
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Total outlets (Item 20) | 695 | 695 | unchanged |
| Franchised outlets | 609 | 609 | unchanged |
| Company-owned outlets | 86 | 86 | unchanged |
| Openings during the year | 420 | 421 | +1 |
| Closures during the year | 12 | 352 | +340 |
Stroll reports 695 outlets in both filings: system size is unchanged year-over-year.
Outlet counts as each filing states them — 2025: Fiscal year end June 30, 2025; 2026: As of June 30, 2025 (fiscal year end). Totals aggregate STROLL and GREET outlet tables for fiscal year 2025: openings = franchised outlets opened (STROLL 353 + GREET 67) plus company-owned outlets opened (STROLL 1 + GREET 5);
Stroll included an Item 19 financial performance representation in both the 2025 and 2026 filings. The 2026 filing discloses financial performance, broken out across 10 outlet segments for July 1, 2024 through June 30, 2025 (Reporting Period).
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Standard royalty rate | 15% | 15% | unchanged |
The standard royalty rate holds at 15% of advertising value of each issue of the Publication across both filings.
2025 filing: Royalty is due whether or not the franchisor/affiliate receives payment for the advertising; advertising value is determined by franchisor/affiliate and defined as the greater of specified measures (including minimum market value, contract price, barter value). 2026 filing: Royalty is due whether or not the franchisor or its affiliates receive payment for the advertising; advertising value is determined by the franchisor/affiliate using the definition in Item 6.