FrenchiesFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A FRENCHIES franchise requires a total initial investment of $473K – $550K, including a $50K franchise fee. Per the 2026 FDD, average unit revenue was $624K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2026 FDD issuance
Overview
- Investment
- $473K – $550K
- 36th pct Retail
- Avg gross sales
- $624K
- 6th pct Retail
- Royalty
- N/A
- Units
- 26
- 12th pct Retail
- SBA default
- N/A
Quick verdict · Retail · color = vs category peers
Green = >15% above Retail 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
Bottom line
- Total investment $473K – $550K including a $50K franchise fee.
- Average unit revenue of $624K/year.
- Verdict A (Top Quintile) with a risk score of 5/100.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- FRENCHIES, LLC
- Parent company
- BCC Services Intermediate Holding Company d/b/a Head to Toe Brands
- Ultimate parent
- BCC Services Holding Company
- CEO title
- Chief Executive Officer of Parent
- Meg Roberts
- Incorporated in
- CO
- HQ
- 550 Reserve Street, Suite 380, Southlake, Texas 76092
- Auditor
- Plante & Moran, PLLC
- Audited financials
- Franchisor revenue
- $1.8M
- vs $12.4M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
FRENCHIES franchisees operate a quick-service or casual restaurant concept (likely French-themed cuisine or products based on brand name) with average annual revenue of $623,945. Day-to-day operations include food preparation, customer service, inventory management, and compliance with brand standards across a protected territory.
- CEO
- Meg Roberts
- Headquarters
- TX
- Founded
- 2015
- FDD year
- 2026
- States available
- 12
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $50K | $50K |
| Working capital (3–6 mo) | $38K | $45K |
| Equipment, build-out, other | $385K | $455K |
| Total initial investment | $473K | $550K |
Source: FRENCHIES 2026 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$44K
7.0% margin
Unlevered ROIC
8%
EBITDA / total invested capital
Payback
12.7 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $473K – $550K
- Better than avg vs category
- Liquid capital req'd
- $38K – $45K
- Better than avg vs category
- Franchise fee
- $35K – $50K
- Better than avg vs category
- Royalty
- Greater of: (a) the Minimum Royalty Fee ($100/week); or (…
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty (flat) | Greater of: (a) the Minimum Royalty Fee ($100/week); or (b) 6% of Gross Revenues each week |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $175 |
| Training fee | $8K |
| Transfer fee | $5K |
| Renewal fee | $3K |
| Total fee load | 8.0% of rev |
Financial Performance
- Avg gross sales
- $624K
- Per unit, per year
- Median gross sales
- N/A
- Item 19 type
- average
- Sample size
- 23 units
- vs category median 49 · small
- Range (low → high)
- $319K→$981K
- Cohort dispersion (min → max)
- Quartile band
- $400K→$818K
- Bottom 25% → top 25%
- Reporting year
- 2025
- Fiscal year the figures cover
- Transparency
- 3 / 5
- vs category median 2 / 5 · above
Compared against 304 Retail brands
vs Retail averages
How Frenchies Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 26
- Opened
- 4
- Last reporting year
- Closed
- 1
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 3.8%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- +13.0%
- Net unit change last year
- 3-yr CAGR
- +13.0%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 5
- Projected new
- 8
- Franchisor's next-year forecast
- Transfer rate
- 19.2%
- Owners selling to other franchisees
- Ceased ops
- 3.8%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 28 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.
- Total loans
- 47
- Loan volume
- N/A
- Amount data pending
- Median loan
- N/A
- Charge-off rate
- N/A
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 0
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Early-stage food concept with small unit base, undisclosed profitability metrics, and high fixed royalty floors that compress margins on modest average unit volumes.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Plante & Moran, PLLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 5 / 100 rating
- 01MEDNet income not disclosed in FDD Item 19 — inability to validate actual profitability against $472k-$550k investment
- 02MINORModest unit growth of 13% YoY with only 26 total units suggests early-stage or plateauing system
- 03MINORHigh royalty floor ($100/week minimum = $5,200/year) creates fixed cost burden even during slow revenue periods
- 04MINOR6% royalty on $623k average revenue = ~$37k annual royalty cost (5.9% of net if assuming 25% net margin)
- 05HIGHNo going concern disclosure contradicts typical franchise system maturity expectations for brands seeking $500k+ investment
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 | 10 years |
| Allowed renewalsℹ | 2 |
| Territory type | radius |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 4 mi |
| Territory population | 50,000 |
| Online sales rightsℹ | 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 |
| Governing law | Texas |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 34 hrs
- On-the-job training
- 21 hrs
- Training location
- On-site and corporate
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
59 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
FRENCHIES · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a FRENCHIES franchise?
The total investment to open a FRENCHIES franchise ranges from $473K – $550K, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do FRENCHIES franchise owners earn?
According to Item 19 of the FRENCHIES FDD, the average gross sales per unit is $624K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is FRENCHIES's franchise failure rate?
SBA 7(a) loan charge-off data is not available for FRENCHIES (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 FRENCHIES franchise locations are there?
As of their most recent FDD filing, FRENCHIES has 26 total units in the United States, including 23 franchised units and 0 company-owned units. 4 new units were opened in the latest reporting year.
Is FRENCHIES a good franchise to buy?
FranchiseVerdict rates FRENCHIES as a A-grade franchise with a risk score of 5 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.
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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.