The Big BiscuitFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A The Big Biscuit franchise requires a total initial investment of $1.1M – $1.7M, including a $40K franchise fee and an ongoing 5.0% royalty[2]. Per the 2025 FDD, average unit revenue was $1.6M[2]. Verdict grade: B. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $1.1M – $1.7M
- 43rd pct Service Resta…
- Avg gross sales
- $1.6M
- 17th pct Service Resta…
- Royalty
- 5.0%
- 7th pct Service Resta…
- Units
- 28
- 31st pct Service Resta…
- SBA default
- N/A
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = >15% above Full-Service Restaurants 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
Franchised units fell from 7 to 4 over 3 years. Investigate why operators are leaving.
21% cash-on-cash return (based on EBITDA). Within the 15-30% range most franchise investors consider acceptable.
Bottom line
- Total investment $1.1M – $1.7M including a $40K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $1.6M/year (median $1.6M), with an estimated 21% cash-on-cash return (based on EBITDA).
- Verdict B (Above Average) with a risk score of 56/100.
- System growing at 75.0% CAGR over 3 years with 28 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Big Biscuit Industries, LLC
- Parent company
- The Big Biscuit Company, LLC
- Incorporated in
- KS
- HQ
- 5215 W. 94th Terrace, Prairie Village, KS 66207
- Auditor
- Plante & Moran, PLLC
- Audited financials
- Franchisor revenue
- $2.9M
- vs $3.8M prior year
Overview
About
The Big Biscuit franchisees operate quick-service or fast-casual restaurants specializing in scratch-made biscuits and biscuit-based meals (sandwiches, platters, sides). Day-to-day operations include food preparation, inventory management, customer service, and adherence to proprietary recipes and brand standards across a protected territory.
- CEO
- Chad Offerdahl
- Headquarters
- KS
- Founded
- 2018
- FDD year
- 2025
- States available
- 3
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $40K | $40K |
| Working capital (3–6 mo) | $62K | $137K |
| Equipment, build-out, other | $967K | $1.5M |
| Total initial investment | $1.1M | $1.7M |
Source: The Big Biscuit 2025 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
$196K
12.0% margin
Unlevered ROIC
13%
EBITDA / total invested capital
Payback
7.5 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $1.1M – $1.7M
- Near category avg vs category
- Liquid capital req'd
- $62K – $137K
- Near category avg vs category
- Franchise fee
- $40K – $40K
- Better than avg vs category
- Royalty
- 5.0%
- Gross Sales · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 6.1%
- vs 9–13% typical
- Payback period
- 4.7 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $0 |
| Transfer fee | $20K |
| Renewal fee | $10K |
| Total fee load | 6.1% of rev |
A 6.1% total fee load is unusually lean. More of each revenue dollar stays with the franchisee.
Financial Performance
- Avg gross sales
- $1.6M
- Per unit, per year
- Median gross sales
- $1.6M
- Avg ebitda
- $292K
- Reported as EBITDA in FDD Item 19
- Cash-on-cash
- 21.4%
- Based on EBITDA / investment midpoint
- Item 19 type
- Average and median sales and operating profit
- Sample size
- 17 units
- vs category median 13
- Range (low → high)
- $1.0M→$2.1M
- Cohort dispersion (min → max)
- Reporting year
- 2024
- Fiscal year the figures cover
- Transparency
- 10 / 5
- vs category median 4 / 5 · above
Compared against 1264 Full-Service Restaurants brands
vs Full-Service Restaurants averages
How The Big Biscuit Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 28
- Opened
- 1
- Last reporting year
- Closed
- 0
- Turnover rate
- 0.0%
- Company-owned
- 21
- Corporate units in the system
- % franchised
- 25%
- vs corporate-owned
- Multi-unit owners
- Outlier
- Reported value implausible. See FDD Item 20
- Net growth (yr3)
- +16.7%
- Net unit change last year
- 3-yr CAGR
- +75.0%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 18 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.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Early-stage biscuit franchise with unverified financial claims, high capital requirements relative to reported profits, and limited unit growth trajectory requiring careful franchisee validation.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Plante & Moran, PLLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 56 / 100 rating
- 01MEDNo Item 19 (Financial Performance Representations) disclosed — cannot verify if average $291,885 net income is typical or cherry-picked
- 02MINORHigh initial investment ($1.07M–$1.66M) with modest 17.8% net margin on average revenue raises ROI timeline concerns
- 03MEDModest unit growth (16.7% YoY) on small base (28 units) suggests early-stage system with limited proven scalability
- 04MINOR5% royalty on gross sales (not net) means franchisees pay during unprofitable periods
- 05HIGHGoing Concern status FALSE is ambiguous — unclear if this applies to franchisor or just indicates no going concern warning
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 | 1 |
| Territory type | Radius |
| Protected territory | Yes |
| Online sales rights | 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 | No |
| Jury trial waiver | Yes |
| Governing law | Kansas |
| Litigation count | 0 |
Items 10, 11
Training & Operations
- Classroom training
- 80 hrs
- On-the-job training
- 636 hrs
- Training location
- On-site and corporate
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
21 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
The Big Biscuit · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a The Big Biscuit franchise?
The total investment to open a The Big Biscuit franchise ranges from $1.1M – $1.7M, with an initial franchise fee of $40K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do The Big Biscuit franchise owners earn?
According to Item 19 of the The Big Biscuit FDD, the average gross sales per unit is $1.6M. The median is $1.6M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is The Big Biscuit's franchise failure rate?
SBA 7(a) loan charge-off data is not available for The Big Biscuit (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 The Big Biscuit franchise locations are there?
As of their most recent FDD filing, The Big Biscuit has 28 total units in the United States, including 7 franchised units and 21 company-owned units. 1 new units were opened in the latest reporting year.
Is The Big Biscuit a good franchise to buy?
FranchiseVerdict rates The Big Biscuit as a B-grade franchise with a risk score of 56 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.