FranchiseVerdict
Candy Cloud logo
FV-00448·STRONGExcellent86

Candy Cloud

Formerly known as Cloud Kitchens

Food & Beverage - Full ServiceFranchising since 2022Website
Investment
$389K – $749K
53rd pct Full Service
Avg revenue
$72K
0th pct Full Service
Royalty
6.0%
54th pct Full Service
Units
13
47th pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $389K – $749K including a $40K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $72K/year.
  • Rated STRONG with a risk score of 49/100. SBA loan default rate of 0.0% across 24 loans (below the industry average).
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
CANDY CLOUD FRANCHISING LLC
Parent company
Candy Cloud Holdings LLC
Incorporated in
Illinois
HQ
9934 N Alpine Road, Suite 100, Machesney Park, IL 61115
Auditor
Kezos & Dunlavy
Audited financials
Franchisor revenue
$302K
vs $753K prior year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

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 Candy Cloud unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $71,973
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $389K–$749K
Working capital
$
FDD reports $15K–$20K

Unlevered ROIC · per unit

2%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$11K
EBITDA margin
15.0%
Total invested
$587K
Payback
652 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Candy Cloud units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$115K

on $576K purchase

Total debt

$461K

SBA $0.3M + senior + seller note

Overview

About

Candy Cloud is a specialty candy retail concept where franchisees operate small-format or kiosk-based stores selling premium candy, likely confections, and impulse-purchase sweets. Day-to-day operations include inventory management, point-of-sale transactions, merchandising displays, staff scheduling, and local marketing to drive foot traffic in mall, street-level, or high-traffic locations.

CEO
Alex Edwards
Founded
2022
FDD year
2025
States available
6

Item 7 · what it costs

The Vitals

Total investment
$389K – $749K
All-in to open one unit
Liquid capital
$15K – $20K
Cash you must have on hand
Franchise fee
$40K
Royalty
6.0%
percentage of gross revenue · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$72K
Per unit, per year
Median gross sales
Item 19 type
Historical Monthly Revenue
Sample size
8 units
vs category median 15
Range (low → high)
$29K$131K
Cohort dispersion
Transparency
3 / 5
vs category median 4 / 5 · below
Revenue rank0th
vs Food & Beverage - Full Service peers
Investment cost rank53th
Lower investment ranks lower (better)
Royalty rate rank54th
Lower royalty = lower percentile (better)
Unit count rank47th
vs Food & Beverage - Full Service peers
Risk score rank13th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
13
Opened
7
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
1
Corporate units in the system
% franchised
92%
vs corporate-owned
Net growth (yr3)
+140.0%
Net unit change last year
2023
12+7
Franchised units
2024
5
Franchised units
2025
0
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 16 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 16 states
Not registered

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.

Total loans
24
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

49
Risk · 0-100
STRONG49 / 100

Candy Cloud presents moderate-to-cautious risk due to undisclosed profitability metrics, aggressive growth trajectory, high royalty burden relative to disclosed revenues, and an embryonic franchise system with minimal franchisee validation pool.

Score breakdown · what drove the 49 / 100 rating

  1. 01MEDNet Income not disclosed in FDD Item 19 — unable to validate profitability claims or ROI timeline
  2. 02MINORHigh investment-to-revenue ratio: $389K-$749K initial investment vs. $71,973 average weekly revenue creates unclear payback period
  3. 03MINORExplosive unit growth of 140% YoY is unsustainable and suggests either aggressive recruiting or potential instability; needs validation of unit retention rates
  4. 04MINOR6% royalty on gross (not net) revenue is aggressive and reduces margins; at $71,973/week, this equals ~$22,491/month in royalties alone
  5. 05MED13-unit system is extremely small and immature; limited operational data, high failure risk, and insufficient franchisee base for validation

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Geographic radius
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Illinois

Item 11

Training & Operations

Classroom training
15 hrs
On-the-job training
80 hrs
POS system
Toast
Operating tech stack

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

18 numbers

Locked
(804) 371-••••
VA
(808) 586-••••
HI
(213) 576-••••
CA

One-time purchase · CSV download · Validation questions included

FDD download

Candy Cloud · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above