Cowboy Jack’sFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A Cowboy Jack’s franchise requires a total initial investment of $1.5M – $6.1M, including a $45K franchise fee and an ongoing 5.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: C. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $1.5M – $6.1M
- 46th pct Service Resta…
- Avg gross sales
- N/A
- 28th pct Service Resta…
- Royalty
- 5.0%
- 7th pct Service Resta…
- Units
- 10
- 21st pct Service Resta…
- SBA default
- N/A
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = >15% above Full-Service Restaurants avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Started franchising in 2025. Newer systems carry more uncertainty but may offer better territories.
Bottom line
- Total investment $1.5M – $6.1M including a $45K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict C (Average) with a risk score of 65/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- AMG Franchises LLC
- Parent company
- Ciao Hospitality Group LLC
- Incorporated in
- MN
- HQ
- 7575 Golden Valley Rd, Ste 340, Golden Valley, MN 55427
- Auditor
- Schechter Dokken Kanter Andrews & Selcer Ltd.
- Audited financials
Independent franchisee associations
- Independent Franchisee Association
Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.
Overview
About
Cowboy Jack's franchisees operate casual dining or quick-service restaurant concepts with a Western/cowboy theme. Day-to-day operations likely include food preparation, customer service, inventory management, and facility maintenance, with support from a small 10-unit franchisor network.
- CEO
- Jeff Crivello
- Headquarters
- MN
- Founded
- 2007
- FDD year
- 2025
- States available
- 3
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $45K | $45K |
| Working capital (3–6 mo) | $101K | $202K |
| Equipment, build-out, other | $1.3M | $5.9M |
| Total initial investment | $1.5M | $6.1M |
Source: Cowboy Jack’s 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $1.5M – $6.1M
- Near category avg vs category
- Liquid capital req'd
- $101K – $202K
- Near category avg vs category
- Franchise fee
- $45K – $45K
- Better than avg vs category
- Royalty
- 5.0%
- Gross Sales · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 6.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Transfer fee | $5K |
| Renewal fee | $10 |
| Total fee load | 6.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Full-Service Restaurants averages
How Cowboy Jack’s Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 10
- Opened
- 0
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 5
- Corporate units in the system
- % franchised
- 50%
- vs corporate-owned
- Net growth (yr3)
- +0.0%
- Net unit change last year
- 3-yr CAGR
- +0.0%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 3 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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Cowboy Jack's presents substantial caution-level risk due to undisclosed financial performance data, minimal system size, questionable franchisor financial health, and unclear unit economics despite significant capital requirements.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Schechter Dokken Kanter Andrews & Selcer Ltd.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: No
Score breakdown · what drove the 65 / 100 rating
- 01MEDNo Item 19 (Average Revenue/Net Income) disclosed — impossible to assess unit economics or ROI potential
- 02MEDOnly 10 units system-wide indicates minimal scale, limited support infrastructure, and unproven model
- 03HIGHGoing Concern status is FALSE — suggests potential financial instability or operational concerns at franchisor level
- 04MINORWide investment range ($1.45M–$6.13M) with no revenue disclosure makes unit profitability assessment impossible
- 05MINORMinimum royalty of $2,300/month ($27,600/year) creates high fixed cost burden even for underperforming locations
- 06MINORUnknown unit growth trajectory — no clarity on system expansion, franchisee retention, or franchisee success rates
- 07MINORMinimal franchise fee ($45K) relative to total investment suggests franchisor may rely heavily on royalties for revenue
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Circle radius |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Litigation count | 0 |
Items 10, 11
Training & Operations
- Classroom training
- 8 hrs
- On-the-job training
- 20 hrs
- Training location
- On-site and at franchisor location
- POS system
- Toast POS
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Toast POS
Item 20 · call current owners
Franchisee Contacts
13 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Cowboy Jack’s · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Cowboy Jack’s franchise?
The total investment to open a Cowboy Jack’s franchise ranges from $1.5M – $6.1M, with an initial franchise fee of $45K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Cowboy Jack’s franchise owners earn?
Cowboy Jack’s does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Cowboy Jack’s's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Cowboy Jack’s (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Cowboy Jack’s franchise locations are there?
As of their most recent FDD filing, Cowboy Jack’s has 10 total units in the United States, including 5 franchised units and 5 company-owned units.
Is Cowboy Jack’s a good franchise to buy?
FranchiseVerdict rates Cowboy Jack’s as a C-grade franchise with a risk score of 65 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.