Pinkberry Franchise Cost, Revenue & Review 2026

The franchisor

Concluded (2)

• KOHO, Inc. v. Kahala Franchising, L.L.C.

  settled

  Brought by a franchisee · filed 2015 · Superior Court of the State of California for the County of Los Angeles · BC572565

  “KOHO, Inc. v. Kahala Franchising, L.L.C.; Superior Court of the State of California for the County of Los Angeles; Case No.: BC572565. On or about February 17, 2015, Koho, Inc. (“Koho”) filed a Complaint against Kahala Franchising, L.L.C. (“Kahala”) alleging: (i) breach of contract; (ii) unjust enrichment; and (iii) declaratory relief.”Page 21 of the 2025 FDD, Item 3

  Outcome:“whereby Kahala repurchased Koho’s Area Developer territory for the sum of $75,000 and forgave the remaining damages owed in the amount of $130,000.” (page 22)

• Texas Nrgize #1, Inc. v. Kahala Franchising, L.L.C. and Kahala Holdings, L.L.C.

  settled

  Brought by a franchisee · filed 2014 · 67th Judicial District Court, Tarrant County, Texas; removed to United States District Court for the Northern District of Texas; transferred to District of Arizona · 067-272652-14; 4:14-cv-544-Y; CV15-0337 PHX DGC

  “Texas Nrgize #1, Inc. v. Kahala Franchising, L.L.C. and Kahala Holdings, L.L.C.; 67th Judicial District Court, Tarrant County, Texas; Civil Action No.: 067-272652-14 subsequently removed to United States District Court for the Northern District of Texas; Case No.: 4:14-cv-544-Y.”Page 22 of the 2025 FDD, Item 3

  Outcome:“In December 2015, the parties executed a settlement agreement in which Defendant paid Plaintiff the sum of $35,000. The parties filed a Stipulation to Dismiss With Prejudice on December 18, 2015.”

Status not stated in the filing (1)

• Kahala Franchising, L.L.C. v. All About Food, Inc. and Chu Yup Lee a/k/a Michale Lee

  Brought against a franchisee · Circuit Court of the Nineteenth Judicial Circuit Lake County, Illinois · 2024LA00000001

  “Suit for Breach of Contract Kahala Franchising, L.L.C. v. All About Food, Inc. and Chu Yup Lee a/k/a Michale Lee; In the Circuit Court of the Nineteenth Judicial Circuit Lake County, Illinois; Case No.: 2024LA00000001.”Page 30 of the 2025 FDD, Item 3

Parent, affiliates and predecessor

Concluded (10)

• Pretzelsdallas1, Inc. v. Wetzel’s Pretzels, L.L.C.

  settled

  Brought by a franchisee · Wetzel’s Pretzels, L.L.C. · filed 2019 · American Arbitration Association, Los Angeles, California · AAA Case No.01-19-0002- 9326

  “Pretzelsdallas1, Inc. v. Wetzel’s Pretzels, L.L.C.; Los Angeles, California; AAA Case No.01-19-0002- 9326. On or about July 19, 2017, we entered into a franchise agreement with Pretzelsdallas1, Inc. (then known as Triple Scoops, Inc.). On or about September 11, 2019, Pretzelsdallas1, Inc., (“Claimant/Counter Respondent”) a franchisee, filed a demand for arbitration against Wetzel’s Pretzels,”Page 26 of the 2025 FDD, Item 3

  Outcome:“September 24, 2021, the parties entered into a settlement agreement, in which a mutual release of all claims was agreed to, and Respondent/Counter Claimant paid Claimant/Counter Respondent the sum of $125,000. The matter was subsequently dismissed with prejudice.”

• Desert Ribs, L.L.C., Famous Gracie, L.L.C., Famous Freddie, L.L.C., Famous George, L.L.C. and Famous Charlie, L.L.C. v. Famous Dave’s of America, Inc.

  settled

  Brought by a franchisee · Famous Dave’s of America, Inc. · filed 2016-03-14 · American Arbitration Association, Minneapolis, Minnesota · 01 16 0000 8549

  “Desert Ribs, L.L.C., Famous Gracie, L.L.C., Famous Freddie, L.L.C., Famous George, L.L.C. and Famous Charlie, L.L.C. v. Famous Dave’s of America, Inc., American Arbitration Association, Minneapolis, Minnesota, Case No. 01 16 0000 8549. On March 14, 2016, the franchisees for the Famous Dave’s® Restaurants in Chandler, Peoria, Mesa and Gilbert, Arizona (“Claimants”) filed a Demand for Arbitration”Page 24 of the 2025 FDD, Item 3

• SFF, L.L.C. v. Carmel Village Yogurt Company L.L.C.

  dismissed

  Brought against a franchisee · SFF, L.L.C. · filed 2016-08-29 · City of Richmond, Virginia Circuit Court · CL16-3927

  “SFF, L.L.C. v. Carmel Village Yogurt Company L.L.C.; City of Richmond, Virginia Circuit Court; Case No. CL16-3927. On August 29, 2016, SFF, L.L.C. (“Plaintiff”) filed a lawsuit against three sweetFrog franchisee entities, Carmel Village Yogurt Company L.L.C. (“Defendant Carmel YC”), Huntersville Yogurt Company, L.L.C. (“Defendant Huntersville YC”), and Mooresville Yogurt Co, L.L.C.”Page 23 of the 2025 FDD, Item 3

  Outcome:“Carmel YC transferred the assets of its business to Plaintiff and Plaintiff paid Defendant Carmel YC $25,000; (iii) Plaintiff reinstated Defendant Huntersville YC’s and Defendant Mooresville YC’s terminated franchise agreements; and (iv) Plaintiff granted Defendant Anto the right to develop a new sweetFrog shop at a mutually”

• Famous Dave’s of America, Inc. v. Allan Gantes; John Gantes; M Mart 1, L.L.C.; Kurt Schneiter; Shoreline FD Investors, L.L.C.; SR El Centro FD, Inc. SR Long Beach FD, Inc.; SR Palmdale FD, Inc.; SR Restaurant Holdings Group, Inc.; SR Simi Valley FD, Inc.; SR Tracey FD, Inc.

  settled

  Brought against a franchisee · Famous Dave’s of America, Inc. · filed 2015-07-24 · Superior Court of the State of California, County of Los Angeles, Central Division · BC589329

  “Famous Dave’s of America, Inc. v. Allan Gantes; John Gantes; M Mart 1, L.L.C.; Kurt Schneiter; Shoreline FD Investors, L.L.C.; SR El Centro FD, Inc. SR Long Beach FD, Inc.; SR Palmdale FD, Inc.; SR Restaurant Holdings Group, Inc.; SR Simi Valley FD, Inc.; SR Tracey FD, Inc.; Superior Court of the State of California, County of Los Angeles, Central Division, Case No. BC589329.”Page 24 of the 2025 FDD, Item 3

  Outcome:“On September 29, 2018, the parties agreed to enter into a confidential settlement agreement and a mutual release of claims (the “El Centro Settlement Agreement”), which contained the following material terms: (i) SR Defendants received $75,000 towards the payment of their attorney’s fees contingent” (page 25)

• Purav Enterprises, L.L.C., Balwant Bahia, and Paramjit Samra v. The Extreme Pita Franchising USA, Inc., EP Development, Inc., and Feisal Ramjee

  settled

  Brought by a franchisee · The Extreme Pita Franchising USA, Inc. · filed 2015-06-22 · Superior Court of the State of Washington for King County · 15-2-15120-7

  “Purav Enterprises, L.L.C., Balwant Bahia, and Paramjit Samra v. The Extreme Pita Franchising USA, Inc., EP Development, Inc., and Feisal Ramjee ; Superior Court of the State of Washington for King County, Case No. 15-2-15120-7. On June 22, 2015, Purav Enterprises, L.L.C., Balwant Bahia, and Paramjit Samra (collectively “Plaintiffs”), filed a complaint against The Extreme Pita Franchising USA,”Page 21 of the 2025 FDD, Item 3

  Outcome:“The parties entered into a settlement agreement on March 11, 2016, in which Defendants paid Plaintiffs the sum of $20,000. The matter was dismissed on March 16, 2016.”

• Rob & Bud’s Pizza, L.L.C. v. Papa Murphy’s International, Inc. and Papa Murphy’s International, L.L.C.

  settled

  Brought by a franchisee · Papa Murphy’s International, Inc. and Papa Murphy’s International, L.L.C. · filed 2015-04-17 · United States District Court for the Western District of Washington · 5:15-cv-05090- TLB

  “Rob & Bud’s Pizza, L.L.C. v. Papa Murphy’s International, Inc. and Papa Murphy’s International, L.L.C.; United States District Court for the Western District of Washington, Case No. 5:15-cv-05090- TLB. In spring 2015, Papa Murphy’s sent a notice of default to plaintiff for alleged defaults under the plaintiff’s franchise agreements.”Page 27 of the 2025 FDD, Item 3

  Outcome:“with prejudice as part of a settlement with plaintiff in this case and the LMP case under which Papa Murphy’s purchased plaintiff’s nine Papa Murphy’s stores at an agreed upon value of the stores’ assets plus $500,000.” (page 28)

• DTD Pizza LLC, et al. v. Papa Murphy’s International LLC, et al. (consolidated with Mitch and Kristen Brink, et al. v. Papa Murphy’s International LLC, et al.)

  settled

  Brought by a franchisee · Papa Murphy’s International LLC (and related Papa Murphy’s entities, board members and executives) · filed 2014 · Washington Superior Court, Clark County · 14-2-00904-0 (consolidated with 14-2- 01743-3)

  “DTD Pizza LLC, Brian Watson, Alton Spears, LMP Enterprises LLC, Pizza Enterprises LLC, Alan and Denise Barnett, DOB Enterprises, Inc., Douglas and Lesia Billing, Rob & Bud's Pizza, Robert J. Dickerson Trust UA, Rob Dickerson, 4LM Enterprises, Inc., Jana and Randell Liles, Ben and Kim Mayfield, SEAMS Holdings LLC, Scott and Erica Shelby, Robert Hoersting, PM Savannah LLC, James and Mona King, Hans”Page 26 of the 2025 FDD, Item 3

  Outcome:“Each of the plaintiff groups =entered into settlements with Papa Murphy’s in which they dismissed all of their claims against defendants with prejudice and the action was dismissed in June 2020.” (page 27)

• Urquieta Sweet Frog, L.L.C. and Ana Urquieta v. SweetFrog Enterprises, L.L.C. d/b/a SFF, L.L.C.

  settled

  Brought by a franchisee · SweetFrog Enterprises, L.L.C. d/b/a SFF, L.L.C. · filed 2014-12-23 · American Arbitration Association · 01 14 0001 8086

  “Urquieta Sweet Frog, L.L.C. and Ana Urquieta v. SweetFrog Enterprises, L.L.C. d/b/a SFF, L.L.C., American Arbitration Association; Case No. 01 14 0001 8086. On December 23, 2014, Urquieta Sweet Frog, L.L.C. and Ana Urquieta, a former sweetFrog franchisee and its owner (collectively “Plaintiffs”), filed a Demand for Arbitration against SweetFrog Enterprises, L.L.C. (“Defendant”).”Page 23 of the 2025 FDD, Item 3

  Outcome:“This matter was settled in December of 2015. Under the settlement, Defendant agreed to pay Plaintiffs $300,000 and the parties executed mutual releases.”

• Fresh Enterprises, L.L.C. v. Ledang Investment Group, L.L.C., Vincent Tienn Le, Ho Tien Le and Hue This Dang

  settled

  Third-party plaintiff · Fresh Enterprises, L.L.C. (successor in interest to BF Acquisition, L.L.C.) · filed 2013-07-02 · Superior Court of the State of California, County of Santa Clara; arbitrated before the American Arbitration Association · 1-13-CV- 257219; AAA 72-20-1400-0126

  “Fresh Enterprises, L.L.C. v. Ledang Investment Group, L.L.C., Vincent Tienn Le, Ho Tien Le and Hue This Dang Superior Court of the State of California, County of Santa Clara, Case No. 1-13-CV- 257219.”Page 23 of the 2025 FDD, Item 3

  Outcome:“On February 2, 2015, the Arbitrator issued an award in favor of Cross Claimants Ledang in the amount of $660,620.84. The parties entered into a Settlement and Release Agreement on July 20, 2015, under which Counter Defendants paid the Cross Claimants Ledang the sum of $585,000 and the matter was dismissed with prejudice.” (page 24)

• In the Matter of Maui Wowi Franchising, Inc., Before the Securities Commissioner of Maryland, Case No. 2007-0194

  concluded

  Government or regulatory action · Maui Wowi Franchising, Inc. (predecessor in interest to Kahala Franchising, L.L.C.) · filed 2007 · Securities Commissioner of Maryland · 2007-0194

  “In the Matter of Maui Wowi Franchising, Inc., Before the Securities Commissioner of Maryland, Case No. 2007-0194. On September 12, 2007, “MWF” entered into a Consent Order with the Maryland Commissioner resulting from MWF inadvertently entering into two franchise agreements with two Maryland residents (“Second Maryland Franchisees”) without delivering to them the appropriate Offering Circular.”Page 29 of the 2025 FDD, Item 3

  Outcome:“... training program or trainer to monitor MWF’s franchise activities in Maryland for two years; and to reimburse the Maryland Attorney General for its investigation and resolution costs in the total amount of $2,500.”

Status not stated in the filing (1)

• Cold Stone Creamery Leasing Company, Inc. v. JRF, Inc.

  Brought against a franchisee · Cold Stone Creamery Leasing Company, Inc. · Iowa District Court for Dallas County · SCSC050015

  “Suit for Forcible Entry and Detainer Cold Stone Creamery Leasing Company, Inc. v. JRF, Inc.; Iowa District Court for Dallas County; Case No.: SCSC050015.”Page 30 of the 2025 FDD, Item 3

Officers and directors (individuals, not the company)

Concluded (1)

• In re: Restaurants Acquisition I, L.L.C. (Giuliano vs. W. Craig Barber et. al.)

  settled

  Third-party plaintiff · W. Craig Barber (Chief Executive Officer) and Robert Langford (Chief Concept Officer – Family Restaurant Division) · filed 2017 · United States Bankruptcy Court for the District of Delaware · 15-12406 (KG)

  “In re: Restaurants Acquisition I, L.L.C. (Giuliano vs. W. Craig Barber et. al. United States Bankruptcy Court for the District of Delaware on December 2, 2015 (Case No. 15-12406 (KG)).”Page 25 of the 2025 FDD, Item 3

  Outcome:“On March 6, 2019, Barber and Langford each settled with the Chapter 7 trustee by each agreeing to pay to the trustee and estate separate payments totaling $150,000 each over a three-year period.” (page 26)