FranchiseVerdict
Magnolia Bakery logo
FV-01544·MODERATEExcellent100

Magnolia Bakery

Food & Beverage - BakeryFranchising since 2011Website
Investment
$594K – $1.2M
83rd pct Bakery
Avg revenue
$4.5M
66th pct Bakery
Royalty
6.0%
36th pct Bakery
Units
11
30th pct Bakery
SBA default

Bottom line

  • Total investment $594K – $1.2M including a $49K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $4.5M/year (median $4.2M). Estimated payback in 0.6 years.
  • Rated MODERATE with a risk score of 56/100.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Magnolia Bakery International, LLC
Parent company
Magnolia Group Holdings, Inc.
Incorporated in
Delaware
HQ
244 West 54th Street, Suite 501, New York, NY 10019
Auditor
CohnReznick LLP
Audited financials
Franchisor revenue
$1.5M
vs $1.5M 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 Magnolia Bakery unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $4,459,911
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: $594K–$1.2M
Working capital
$
FDD reports $53K–$123K

Unlevered ROIC · per unit

46%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$446K
EBITDA margin
10.0%
Total invested
$978K
Payback
26 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.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Magnolia Bakery units return on equity?

Edit assumptions

Equity IRR · 5-yr

37.0%

4.83× MOIC

Year-1 DSCR

2.23×

EBITDA ÷ debt service

Equity required

$4.4M

on $13.4M purchase

Total debt

$9.0M

SBA $5.0M + senior + seller note

SBA 7(a) request ($6.7M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Franchisees operate premium artisan bakery retail locations featuring signature cupcakes, cakes, and baked goods, managing daily production, staffing, inventory, and customer-facing sales. Operations require baking expertise or trained staff, retail space management, and adherence to brand recipes and presentation standards.

CEO
Barbara Petracca
Founded
2011
FDD year
2025
States available
3

Item 7 · what it costs

The Vitals

Total investment
$594K – $1.2M
All-in to open one unit
Liquid capital
$53K – $123K
Cash you must have on hand
Franchise fee
$49K
Royalty
6.0%
Gross Revenues · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical
Payback period
0.6 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$4.5M
Per unit, per year
Median gross sales
$4.2M
Item 19 type
Affiliate-owned stores
Sample size
10 units
vs category median 23 · small
Range (low → high)
$2.0M$8.0M
Cohort dispersion
Transparency
10 / 5
vs category median 4 / 5 · above
Revenue rank66th
vs Food & Beverage - Bakery peers
Investment cost rank83th
Lower investment ranks lower (better)
Royalty rate rank36th
Lower royalty = lower percentile (better)
Unit count rank30th
vs Food & Beverage - Bakery peers
Risk score rank42th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
11
Opened
1
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
10
Corporate units in the system
% franchised
9%
vs corporate-owned
2023
1+1
Franchised units
2024
0
Franchised units
2025
0
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.

No SBA loan data available for this brand.

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

Risk & Legal

56
Risk · 0-100
MODERATE56 / 100

Magnolia Bakery presents cautionary risk due to a micro-sized system with no published financials, prior international disputes, and limited growth visibility despite attractive per-unit economics.

Score breakdown · what drove the 56 / 100 rating

  1. 01MINOROnly 11 units system-wide with unknown/stagnant growth trajectory raises scalability and viability concerns
  2. 02HIGHNo Item 19 financial performance representations (Going Concern: False) limits ability to validate the $1.39M average net income claim
  3. 03MINOR2017 international arbitration settlement ($349K over 48 months) indicates management/execution challenges and operational disputes
  4. 04MINORHigh initial investment ($594K-$1.19M) relative to small franchise system size creates heightened franchisee risk
  5. 05MINOR6% royalty on $4.46M average revenue ($267K annually) is substantial margin erosion with unproven unit economics transparency

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
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
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
Optional
Governing law
New York

Item 11

Training & Operations

Classroom training
38 hrs
On-the-job training
288 hrs
POS system
Toast POS 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

19 numbers

Locked
(410) 576-••••
MD
(212) 416-••••
NY
(804) 371-••••
VA

One-time purchase · CSV download · Validation questions included

FDD download

Magnolia Bakery · FDD (2025) PDF

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