FranchiseVerdict
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FV-00618·MODERATEExcellent91

Cookie Advantage

Formerly known as Computer Aid, Inc.

Food & Beverage - BakeryFranchising since 2002Website
Investment
$93K – $171K
13th pct Bakery
Avg revenue
$443K
8th pct Bakery
Royalty
6.0%
36th pct Bakery
Units
24
43rd pct Bakery
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $93K – $171K including a $35K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $443K/year (median $342K).
  • Rated MODERATE with a risk score of 60/100. SBA loan default rate of 0.0% across 7 loans (below the industry average).
  • System contracting at -15.8% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Cookie Advantage, Inc.
Incorporated in
Oklahoma
HQ
7 North Armstrong, Bixby, Oklahoma 74008
Auditor
MCO, PLLC
Audited financials
Franchisor revenue
$522K
vs $549K prior year

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 Cookie Advantage unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $443,347
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restaurant
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $93K–$171K
Working capital
$
FDD reports $5K–$10K

Unlevered ROIC · per unit

29%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$40K
EBITDA margin
9.0%
Total invested
$139K
Payback
42 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 Cookie Advantage 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

$177K

on $887K purchase

Total debt

$709K

SBA $0.4M + senior + seller note

Overview

About

Cookie Advantage franchisees operate small-format cookie retail locations, likely featuring fresh-baked or prepared cookies with limited SKU offerings. Day-to-day operations involve inventory management, product preparation, point-of-sale transactions, customer service, and local marketing in a protected territory.

CEO
Duane Carns
Founded
2001
FDD year
2026
States available
23

Item 7 · what it costs

The Vitals

Total investment
$93K – $171K
All-in to open one unit
Liquid capital
$5K – $10K
Cash you must have on hand
Franchise fee
$35K
Royalty
6.0%
Percentage of Gross Revenue with monthly minimum · typical 6–8%
Ad fund
n/d
Total fee load
6.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$443K
Per unit, per year
Median gross sales
$342K
Item 19 type
Gross Revenue
Sample size
16 units
vs category median 23
Range (low → high)
$80K$1.3M
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank8th
vs Food & Beverage - Bakery peers
Investment cost rank13th
Lower investment ranks lower (better)
Royalty rate rank36th
Lower royalty = lower percentile (better)
Unit count rank43th
vs Food & Beverage - Bakery peers
Risk score rank53th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
24
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
8
Corporate units in the system
% franchised
67%
vs corporate-owned
Net growth (yr3)
-5.9%
Net unit change last year
3-yr CAGR
-15.8%
Compounded over last 3 years
2024
16+1
Franchised units
2025
17
Franchised units
2026
19
Franchised units

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

Item 20 · 13 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 · 13 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
7
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

60
Risk · 0-100
MODERATE60 / 100

Cookie Advantage presents meaningful risk due to a shrinking micro-franchise system, undisclosed profitability metrics, and royalty structures that may burden low-performing units despite moderate average revenue.

Score breakdown · what drove the 60 / 100 rating

  1. 01MINORUnit count declining 5.9% YoY (24 units is very small system with negative momentum)
  2. 02MEDNet income not disclosed in FDD — cannot assess actual profitability or ROI
  3. 03MINORAverage revenue of $443k against $92.5k-$171k investment requires 5+ years to break even before accounting for royalties, rent, and labor
  4. 04MINOREscalating royalty structure ($800 minimum floor from month 13) creates cash flow pressure for underperforming locations
  5. 05MINORVery small franchise system (24 units) limits brand recognition, supply chain leverage, and support infrastructure
  6. 06MINOR5-year term is relatively short; rebuild investment required after expiration creates exit risk

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Population-based
Protected territory
Yes
Initial term
5 years
Renewal term
5 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
Required
Governing law
Oklahoma

Item 11

Training & Operations

Classroom training
28 hrs
On-the-job training
16 hrs
POS system
Cookie Advantage Business Software
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

13 numbers

Locked
(651) 539-••••
MN
(410) 576-••••
MD
(808) 586-••••
HI

One-time purchase · CSV download · Validation questions included

FDD download

Cookie Advantage · FDD (2026) PDF

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