FranchiseVerdict
The Toasted Yolk Cafe logo
FV-02717·STRONGExcellent86

The Toasted Yolk Cafe

Food & Beverage - Full ServiceFranchising since 2016Website
Investment
$1.1M – $1.7M
88th pct Full Service
Avg revenue
$2.2M
45th pct Full Service
Royalty
5.0%
15th pct Full Service
Units
42
69th pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $1.1M – $1.7M including a $50K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $2.2M/year.
  • Rated STRONG with a risk score of 42/100. SBA loan default rate of 0.0% across 76 loans (below the industry average).
  • System growing at 7140% CAGR over 3 years with 42 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
THE TOASTED YOLK FRANCHISE COMPANY, LLC
Incorporated in
Texas
HQ
20008 Champion Forest Drive, Suite 301, Spring, Texas 77379
Auditor
The Rascon CPA Firm PLLC
Audited financials
Franchisor revenue
$3.7M
vs $3.6M 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 The Toasted Yolk Cafe unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $2,161,139
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $1.1M–$1.7M
Working capital
$
FDD reports $75K–$125K

Unlevered ROIC · per unit

25%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$378K
EBITDA margin
17.5%
Total invested
$1.5M
Payback
47 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 The Toasted Yolk Cafe units return on equity?

Edit assumptions

Equity IRR · 5-yr

28.1%

3.45× MOIC

Year-1 DSCR

2.89×

EBITDA ÷ debt service

Equity required

$10.9M

on $22.7M purchase

Total debt

$11.8M

SBA $5.0M + senior + seller note

SBA 7(a) request ($11.3M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

The Toasted Yolk Cafe is a breakfast and brunch-focused casual dining concept. Franchisees operate full-service restaurants serving eggs, pancakes, sandwiches, and beverages in a quick-casual to casual dining format. Daily operations include food preparation, front-of-house service, inventory management, and staff scheduling.

CEO
Chris Milton
Founded
2015
FDD year
2025
States available
11

Item 7 · what it costs

The Vitals

Total investment
$1.1M – $1.7M
All-in to open one unit
Liquid capital
$75K – $125K
Cash you must have on hand
Franchise fee
$50K
Royalty
5.0%
Gross Revenue · typical 6–8%
Ad fund
0.5%
typical 3–5%
Total fee load
5.5%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$2.2M
Per unit, per year
Median gross sales
Item 19 type
Net Revenue by Quartile
Sample size
38 units
vs category median 15 · large
Range (low → high)
$820K$4.2M
Cohort dispersion
Transparency
3 / 5
vs category median 4 / 5 · below
Revenue rank45th
vs Food & Beverage - Full Service peers
Investment cost rank88th
Lower investment ranks lower (better)
Royalty rate rank15th
Lower royalty = lower percentile (better)
Unit count rank69th
vs Food & Beverage - Full Service peers
Risk score rank3th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
42
Opened
9
Last reporting year
Closed
1
Turnover rate
2.4%
Company-owned
6
Corporate units in the system
% franchised
86%
vs corporate-owned
Net growth (yr3)
+24.1%
Net unit change last year
3-yr CAGR
+71.4%
Compounded over last 3 years
2023
36+6
Franchised units
2024
29
Franchised units
2025
21
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 25 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
Available · 25 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.

Total loans
76
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

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

Risk & Legal

42
Risk · 0-100
STRONG42 / 100

The Toasted Yolk presents moderate-to-cautious risk: strong unit growth and no litigation are offset by undisclosed profitability, franchisor going concern status, and high capital requirements without transparent net income benchmarks.

Score breakdown · what drove the 42 / 100 rating

  1. 01MINORNo Net Income disclosure (Item 19) prevents accurate ROI assessment despite $2.16M average revenue
  2. 02HIGHGoing Concern status is False, indicating potential financial instability or franchisor operational issues
  3. 03MINORHigh initial investment range ($1.06M–$1.72M) with 5% royalty creates significant break-even pressure
  4. 04MINORRapid unit growth of 24.1% YoY raises questions about franchisee quality, support scaling, and sustainability
  5. 05MEDMissing critical profitability data makes it impossible to validate whether $2.16M revenue translates to viable unit economics

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Geographic
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
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Texas

Item 11

Training & Operations

Classroom training
25 hrs
On-the-job training
25 hrs
POS system
Revention POS
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

52 numbers

Locked
(410) 576-••••
MD
(832) 804-••••
TX
(317) 232-••••
IN

One-time purchase · CSV download · Validation questions included

FDD download

The Toasted Yolk Cafe · FDD (2025) PDF

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