FranchiseVerdict
COOKIES BY DESIGN logo
FV-00622·MODERATEExcellent86

Cookies By Design

RetailFranchising since 2023Website
Investment
$160K – $345K
34th pct Retail
Avg revenue
53rd pct Retail
Royalty
Units
37
34th pct Retail
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $160K – $345K including a $30K franchise fee.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 64/100. SBA loan default rate of 0.0% across 81 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
Cookies Franchise Holdings LLC
Parent company
Cookies USA LLC
Incorporated in
Delaware
HQ
110 Hillside Avenue, Suite 304, Springfield, New Jersey 07081
Auditor
Metwally CPA PLLC
Audited financials
Franchisor revenue
$308K
vs $1.4M 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 COOKIES BY DESIGN unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: retail
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $160K–$345K
Working capital
$
FDD reports $25K–$35K

Unlevered ROIC · per unit

16%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$45K
EBITDA margin
6.0%
Total invested
$283K
Payback
75 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.

Overview

About

Franchisees operate retail locations (or kiosks) specializing in custom-designed cookie gifts, typically featuring decorated cookies arranged as floral or decorative arrangements. Day-to-day operations include custom cookie design, baking/fulfillment, order processing, local marketing, and seasonal holiday sales management.

CEO
Andrew Berger
Founded
2023
FDD year
2025
States available
22

Item 7 · what it costs

The Vitals

Total investment
$160K – $345K
All-in to open one unit
Liquid capital
$25K – $35K
Cash you must have on hand
Franchise fee
$30K
Royalty
Greater of 6% of Gross Sales or $500
Ad fund
3.0%
typical 3–5%
Total fee load
9.0%
vs 9–13% typical

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

Total units
37
Opened
0
Last reporting year
Closed
5
Turnover rate
13.5%
Company-owned
1
Corporate units in the system
% franchised
97%
vs corporate-owned
Net growth (yr3)
-11.9%
Net unit change last year
3-yr CAGR
-19.6%
Compounded over last 3 years
2023
37-6
Franchised units
2024
42
Franchised units
2025
46
Franchised units

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

Item 20 · 23 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 · 23 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
81
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

64
Risk · 0-100
MODERATE64 / 100

Cookies by Design presents high risk due to rapid unit attrition, active litigation alleging fraud and FTC violations, missing financial disclosures, and franchisor going concern status—suggesting a contracting system with unresolved legal exposure and deteriorating unit profitability.

Score breakdown · what drove the 64 / 100 rating

  1. 01MEDSystem contracting sharply: 11.9% unit decline YoY (37 units remaining) indicates accelerating franchisee exits and loss of confidence
  2. 02HIGHDual litigation against predecessor franchisor: IP infringement claim in Canada plus Texas class action alleging breach of contract, fraud, and FTC violations creates legal/reputational risk and potential successor liability
  3. 03MEDNo financial transparency: Neither average unit revenue nor net income disclosed in FDD Item 19, preventing ROI validation and suggesting poor unit economics
  4. 04MINORMinimum royalty floor of $500/month ($6,000 annually) creates fixed cost burden on low-volume locations, especially problematic for declining system
  5. 05HIGHGoing concern status indicates franchisor financial instability, raising questions about support, marketing, and system longevity
  6. 06MEDHigh investment range ($160K–$345K) with no disclosed AUV makes ROI timeline and breakeven analysis impossible to project

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Zip Codes
Protected territory
Yes
Initial term
5 years
Renewal term
5 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
2
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
New Jersey

Item 11

Training & Operations

Classroom training
41 hrs
On-the-job training
41 hrs
POS system
CBD POS 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

57 numbers

Locked
(631) 493-••••
NJ
(317) 232-••••
IN
(612) 220-••••
PA

One-time purchase · CSV download · Validation questions included

FDD download

COOKIES BY DESIGN · FDD (2025) PDF

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