FranchiseVerdict
Corner Bakery Cafe logo
FV-00631·CAUTIONExcellent81

Corner Bakery Cafe

Food & Beverage - Full ServiceFranchising since 2006Website
Investment
$1.1M – $2.3M
89th pct Full Service
Avg revenue
57th pct Full Service
Royalty
5.0%
15th pct Full Service
Units
99
83rd pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $1.1M – $2.3M including a $40K franchise fee, 5.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 72/100. SBA loan default rate of 0.0% across 8 loans (below the industry average).
  • System contracting at -17.9% 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
Best Cafe - Franchises, LLC
Parent company
Best Cafe, LLC
Incorporated in
Delaware
HQ
13355 Noel Road, Suite 1645, Dallas, Texas 75240
Auditor
Daniel P. Balley, CPA, PC
Audited financials
Franchisor revenue
$2.8M
vs $4.9M 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 Corner Bakery Cafe 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: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $1.1M–$2.3M
Working capital
$
FDD reports $150K–$450K

Unlevered ROIC · per unit

6%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$118K
EBITDA margin
15.8%
Total invested
$2.0M
Payback
204 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

Corner Bakery Cafe franchisees operate casual fast-casual bakery-cafe concepts serving breakfast, lunch, and baked goods in protected territories. Daily operations include managing front-of-house customer service, overseeing baking/food preparation (or outsourced production), inventory management, staffing, and point-of-sale operations, with typical daypart focus on morning/breakfast revenue.

CEO
Chris Dharod
Founded
2006
FDD year
2025
States available
11

Item 7 · what it costs

The Vitals

Total investment
$1.1M – $2.3M
All-in to open one unit
Liquid capital
$150K – $450K
Cash you must have on hand
Franchise fee
$40K
Royalty
5.0%
Percentage of Gross Sales · typical 6–8%
Ad fund
2.3%
typical 3–5%
Total fee load
7.3%
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
99
Opened
0
Last reporting year
Closed
5
Turnover rate
5.1%
Company-owned
67
Corporate units in the system
% franchised
32%
vs corporate-owned
Net growth (yr3)
-13.5%
Net unit change last year
3-yr CAGR
-17.9%
Compounded over last 3 years
2023
32-5
Franchised units
2024
37
Franchised units
2025
39
Franchised units

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

Item 20 · 15 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 · 15 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
8
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

72
Risk · 0-100
CAUTION72 / 100

Rapidly shrinking system with litigation history, missing financial disclosures, and fraud-related allegations against franchise development leadership present substantial risk to franchisee capital.

Score breakdown · what drove the 72 / 100 rating

  1. 01MEDSystem contracting sharply: 13.5% unit decline YoY indicates deteriorating franchisee performance and franchisor support capacity
  2. 02HIGHPending litigation against VP of Franchise Development involving fraud allegations raises concerns about sales practices and disclosed financial projections to prospective franchisees
  3. 03MEDNo Item 19 financial performance representations disclosed — prevents validation of franchise profitability claims and suggests franchisor cannot substantiate unit economics
  4. 04HIGHTwo prior settled litigations involving gift card reporting and unauthorized financial performance representations indicate pattern of regulatory/disclosure issues
  5. 05MEDHigh capital requirement ($1.09M–$2.34M) combined with undisclosed average net income creates significant downside risk without transparency on returns
  6. 06MINOR5% royalty on gross sales (not net) reduces margins further and creates franchisor incentive misalignment during low-margin periods

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
20 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
3
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Texas

Item 11

Training & Operations

Classroom training
0 hrs
On-the-job training
530 hrs
POS system
computerized cash accounting and point of sale system
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

39 numbers

Locked
(804) 447-••••
VA
(915) 855-••••
TX
(832) 772-••••
TX

One-time purchase · CSV download · Validation questions included

FDD download

Corner Bakery Cafe · FDD (2025) PDF

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