Aunt Millie’s Bakeries
Bottom line
- Total investment $37K – $186K including a $65K franchise fee.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated CAUTION with a risk score of 75/100.
- System contracting at -32.4% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Aunt Millie’s Bakeries unit return on the cash you put in?
Unlevered ROIC · per unit
59%
In Yale's "attractive" band (30–60%)
Overview
About
Aunt Millie's Bakeries franchisees operate retail/wholesale bakery locations selling fresh-baked goods (breads, pastries, cakes) to consumers and potentially foodservice accounts. Daily operations include dough preparation, baking, decorating, staffing, inventory management, and point-of-sale sales.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 8 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Aunt Millie's Bakeries presents HIGH RISK due to a collapsing franchise system (25% unit decline), missing financial disclosures, and going concern uncertainty, making ROI validation impossible.
Score breakdown · what drove the 75 / 100 rating
- 01MINORSystem shrinking dramatically: 457 units down 25.3% YoY indicates active closures or non-renewals
- 02MINORNo revenue or profitability disclosure (Item 19): Unable to verify franchisee earnings claims or validate ROI
- 03HIGHGoing concern status FALSE: Franchisor may face solvency, operational, or liquidity issues
- 04MEDHigh initial investment ($36,988–$186,494) with zero royalty relief and no disclosed average returns
- 05MINORUnknown franchise term length: Unclear renewal rights, exit strategy, or long-term commitment obligations
- 06HIGHNo litigation disclosed but system collapse pattern suggests potential underlying disputes or franchisor mismanagement
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
98 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Aunt Millie’s Bakeries · FDD (2026) PDF