FranchiseVerdict
Cupcake Heaven logo
FV-00683·CAUTIONExcellent81

Cupcake Heaven

Food & Beverage - BakeryFranchising since 2022Website
Investment
$69K – $189K
11th pct Bakery
Avg revenue
70th pct Bakery
Royalty
4.0%
0th pct Bakery
Units
3
13th pct Bakery
SBA default

Bottom line

  • Total investment $69K – $189K including a $10K franchise fee, 4.0% 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.
  • 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
Cupcake Heaven, LLC
Incorporated in
Nevada
HQ
6630 Jefferson Street, Haymarket, Virginia 20169
Auditor
Divine, Blalock, Martin & Sellari, LLC
Audited financials
Franchisor revenue
$10K
vs $9K 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 Cupcake Heaven 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: restaurant
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $69K–$189K
Working capital
$
FDD reports $15K–$30K

Unlevered ROIC · per unit

64%

Above typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$98K
EBITDA margin
13.0%
Total invested
$152K
Payback
19 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 casual cupcake retail bakeries, managing daily baking/inventory, point-of-sale operations, customer service, and local marketing. Operations typically involve staffing a small storefront, managing supplier relationships, and executing standardized menu offerings within a protected territory.

CEO
Kim Newman
Founded
2021
FDD year
2026
States available
1

Item 7 · what it costs

The Vitals

Total investment
$69K – $189K
All-in to open one unit
Liquid capital
$15K – $30K
Cash you must have on hand
Franchise fee
$10K
Royalty
4.0%
Gross Revenues · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
5.0%
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
3
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
33%
vs corporate-owned
Net growth (yr3)
+0.0%
Net unit change last year
3-yr CAGR
+0.0%
Compounded over last 3 years
2024
1±0
Franchised units
2025
1
Franchised units
2026
1
Franchised units

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

Item 12 · 1 state reported

The Territory Map

FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.

1

states with franchisees (per FDD Item 12)

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

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

Risk & Legal

72
Risk · 0-100
CAUTION72 / 100

Cupcake Heaven presents HIGH RISK due to a micro-sized franchise system (3 units), missing financial disclosures preventing ROI validation, false going concern status, and opaque cost structures.

Score breakdown · what drove the 72 / 100 rating

  1. 01MEDOnly 3 franchise units operating — extremely small and potentially stagnant system with no disclosed growth trajectory
  2. 02MEDNo Item 19 financial disclosure (Avg Revenue and Net Income not disclosed) — impossible to validate unit economics or ROI potential
  3. 03HIGHGoing Concern status is FALSE — suggests franchisor may have financial viability issues or operational instability
  4. 04MINORWide investment range ($68,600–$189,450) with no clarity on what drives cost variance — potential for hidden or escalating expenses
  5. 05MEDShort 3-year term limits long-term security and suggests either franchisor caution or high exit risk
  6. 06MED4% royalty on undisclosed revenues creates uncertainty about actual profit margins and true cost of ownership

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
3 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
Virginia

Item 11

Training & Operations

Classroom training
26 hrs
On-the-job training
61 hrs

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

2 numbers

Locked
(808) 586-••••
HI
(804) 371-••••
VA

One-time purchase · CSV download · Validation questions included

FDD download

Cupcake Heaven · FDD (2026) PDF

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