FranchiseVerdict
PLEASE & THANK YOU logo
FV-01987·MODERATEExcellent81

Please & Thank You

Food & Beverage - Coffee & TeaFranchising since 2025Website
Investment
$538K – $1.1M
83rd pct Coffee & Tea
Avg revenue
49th pct Coffee & Tea
Royalty
8.0%
87th pct Coffee & Tea
Units
7
43rd pct Coffee & Tea
SBA default

Bottom line

  • Total investment $538K – $1.1M including a $49K franchise fee, 8.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 65/100.
  • Emerging franchise — only 1 year of franchising with 7 units. Early-stage systems carry higher risk but may offer better territory availability.

Item 1 · who you're contracting with

The Franchisor

Legal entity
PLSTHNKS, LLC
Parent company
Please & Thank You, LLC
Incorporated in
Kentucky
HQ
2341 Frankfort Avenue, Louisville, Kentucky 40206
Auditor
Patterson & Company CPAs, PLLC
Unaudited
Franchisor revenue
$0
vs $0 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 PLEASE & THANK YOU 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: $538K–$1.1M
Working capital
$
FDD reports $20K–$30K

Unlevered ROIC · per unit

7%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$60K
EBITDA margin
8.0%
Total invested
$843K
Payback
169 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

PLEASE & THANK YOU appears to be a service-based or retail franchise where franchisees operate individual units. Without disclosed revenue data, the exact business model is unclear, but franchisees would manage daily operations, staff, customer service, and work toward profitability while paying 8% monthly royalties to corporate.

CEO
Brooke Lauren Vaughn
Founded
2025
FDD year
2025
States available
2

Item 7 · what it costs

The Vitals

Total investment
$538K – $1.1M
All-in to open one unit
Liquid capital
$20K – $30K
Cash you must have on hand
Franchise fee
$49K
Royalty
8.0%
Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
40.0%
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
7
Opened
2
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
7
Corporate units in the system
% franchised
0%
vs corporate-owned
2023
0+2
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 · 5 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 · 5 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

65
Risk · 0-100
MODERATE65 / 100

A micro-franchise with corporate financial distress, zero profitability transparency, and unclear unit growth makes this a high-risk investment that requires extensive validation before proceeding.

Score breakdown · what drove the 65 / 100 rating

  1. 01MEDNo Item 19 (Average Revenue/Net Income) disclosed — impossible to assess ROI on $537.5K-$1.1M investment
  2. 02MINOROnly 7 units system-wide with unknown growth trajectory — extremely small and potentially stagnant franchise
  3. 03HIGHGoing Concern status is FALSE — indicates financial distress or operational instability at corporate level
  4. 04MINORHigh investment range ($537.5K-$1.1M) paired with 8% royalty creates significant break-even burden without revenue transparency
  5. 05HIGHNo litigation disclosed but Going Concern status suggests potential undisclosed financial or legal issues

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
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
3 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Kentucky

Item 11

Training & Operations

Classroom training
15 hrs
On-the-job training
38 hrs
POS system
DRIPOS
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

5 numbers

Locked
(217) 782-••••
IL
(212) 416-••••
NY
(808) 586-••••
HI

One-time purchase · CSV download · Validation questions included

FDD download

PLEASE & THANK YOU · FDD (2025) PDF

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