The Toasted Yolk Cafe Franchise Cost, Revenue & Review 2026
- Investment
- $1.1M – $1.7M
- Disclosed sales
- partial, no system average
- SBA charge-off
- Limited · 43 loans
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
The Toasted Yolk Cafe is a full-service franchise serving breakfast, brunch, and lunch with creative egg dishes and cocktails. Franchisees run the cafes, managing the kitchen, table service, and staffing.
FranchiseVerdict summary · 2026
A The Toasted Yolk Cafe franchise requires a total initial investment of $1.1M – $1.7M, including a $50K franchise fee and an ongoing 5.0% royalty[2]. The 2025 FDD on file does not yield a unit-revenue figure we can publish. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: medium - issued 12 to 24 months ago; a newer filing is likely on file
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored5 of 6 headline figures on this page cite a page of the filing; the rest are marked “Not cited” beside the figure.
Overview
- Investment
- $1.1M – $1.7M
- 33rd pct Service Resta…
- Avg gross sales
- N/A
- Outlet subsetNet sales
- Royalty
- 5.0%
- 8th pct Service Resta…
- Units
- 42
- 26th pct Service Resta…
- SBA charge-off
- N/A
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Full-Service Restaurants median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $1.1M – $1.7M including a $50K franchise fee, 5.0% ongoing royalty.
- RETURNSNet Revenue = all revenue from sales less sales tax and documented refunds; based on franchised outlets in operation full 12 months as of FYE 12/31/2024 (text says 29 in operation excluding 9 new; quartile cohort counts sum to 38 - see ambiguities)
- RISKVerdict A (Strongest tier), verdict score 75/100 (higher is better).
- GROWTHPositive: net +7 franchised outlets in the latest year (9 opened, 0 closed); 25 signed but not yet open (Item 20).
- GROWTHSystem growing at 71.4% CAGR over 3 years with 42 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- The Toasted Yolk Franchise Company, LLC
- Parent company
- The Toasted Yolk Cafe, LLC
- FDD Item 1, page 8 of the 2025 FDD
- Predecessor
- company
- Prior franchisor entity
- CEO title
- Chief Executive Officer and Co-Owner
- Chris Milton
- CEO experience
- 13 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- Texas
- HQ
- 20008 Champion Forest Drive, Suite 301, Spring, Texas 77379
- Auditor
- The Rascon CPA Firm PLLC
- Audited financials
- Franchisor revenue
- $3.6M
- vs $3.7M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Affiliated brands
- The Toasted Yolk Cafe
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Chris Milton
- Headquarters
- TX
- Founded
- 2015
- FDD year
- 2025
- States available
- 11
Can you afford it, and what does the money buy?
Entry cost runs 105% above the typical full-service restaurants franchise.
Source: FDD 2025 · Items 5–7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $50K | $50K |
| Working capital (3–6 mo) | $75K | $125K |
| Equipment, build-out, other | $933K | $1.5M |
| Total initial investment | $1.1M | $1.7M |
Source: The Toasted Yolk Cafe 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $1.1M – $1.7M
- Top 40% of category vs category
- Liquid capital req'd
- $75K – $125K
- Top 40% of category vs category
- Franchise fee
- $50K – $50K
- Top 40% of category vs category
- Royalty
- 5.0%
- typical 6–8%
- Ad fund
- 0.5%
- typical 3–5%
- Total fee load
- 5.5%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 0.5% of gross sales |
| Technology fee | $1K |
| Training fee | $43K |
| Transfer fee | $25K |
| Renewal fee | $13K |
| Inventory (initial) | $22K – $25K |
| Total fee load | 5.5% of rev |
What do units actually make?
Source: FDD 2025 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
No Item 19 revenue figure for The Toasted Yolk Cafe is on file. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.
Returns model · single-unit ROIC
What would one The Toasted Yolk Cafe unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Net Revenue = all revenue from sales less sales tax and documented refunds; based on franchised outlets in operation full 12 months as of FYE 12/31/2024 (text says 29 in operation excluding 9 new; quartile cohort counts sum to 38 - see ambiguities)
Reported for a subset of outlets rather than the whole system
Reported as net sales, not gross sales
- Item 19 type
- net sales
- Sample size
- 38
- vs category median 18 · large
- Range (low → high)
- $820K→$4.2MCited, not corroborated — printed on page 45 of the 2025 FDD. Nothing else in our record independently restates or re-derives it.
- Cohort dispersion (min → max)
- Quartile band
- $1.2M→$3.1M
- Bottom 25% → top 25%
- Reporting year
- 2024
- Fiscal year the figures cover
- Source filing
- FDD 2025
- Disclosed in the 2025 filing, covering 2024
- Transparency
- 3 / 10
- vs category median 3 / 10 · typical
Compared against 801 Full-Service Restaurants brands
Item 19 · by group
What the filing does disclose
Item 19 of this FDD reports performance in more than one group. We publish no single average for this brand; the groups the filing does disclose are listed below, quoted from its own Item 19 table.
Each row below is quoted from the FDD's own Item 19 table. Gross sales are not profit.
Outlet subsetNet salesItem 19 detail
Net Revenue = all revenue from sales less sales tax and documented refunds; based on franchised outlets in operation full 12 months as of FYE 12/31/2024 (text says 29 in operation excluding 9 new; quartile cohort counts sum to 38 - see ambiguities)
top quartile
| Segment | Sample | Avg |
|---|---|---|
| Quartile 1 | 10 | $3.1M |
single territory
| Segment | Sample | Avg |
|---|---|---|
| Quartile 2 | 10 | $2.4M |
| Quartile 3 | 10 | $1.8M |
bottom quartile
| Segment | Sample | Avg |
|---|---|---|
| Quartile 4 | 8 | $1.2M |
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 5.5% — below the Full-Service Restaurants median of 7.0%.
Disclosure
Item 19 reports outlet revenue, but not in a form that yields a per-outlet average we can compare across brands.
Operator retention
System expanding at 71.4% CAGR over 3 years across 42 units — operators are staying and new ones are joining.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Full-Service Restaurants medians
How The Toasted Yolk Cafe Compares
Category median of published Full-Service Restaurants brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 42
- Opened
- 9
- Last reporting year
- Closed
- 0
- Terminated
- 1
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 2.8%
- Company-owned
- 6
- Corporate units in the system
- % franchised
- 86%
- vs corporate-owned
- Net growth (3-yr)
- +71.4%
- Net unit change over 3 years
- 3-yr CAGR
- +71.4%
- Compounded over last 3 years
Last fiscal year · Item 20 exits and transfers
- Terminated
- 1
- Not renewed
- 0
- Transferred
- 2
- Reacquired
- 0
- Franchisor bought back
- Signed, not yet open
- 25
- 0.60 per open outlet · Item 20 Table 5
- Projected new
- 13
- Franchisor's next-year forecast
- Transfer rate
- 4.8%
- Owners selling to other franchisees
- Termination rate
- 2.4%
- Franchisor-initiated terminations
- Ceased ops
- 2.4%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 9 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.
Where the owners are · Item 20 owner list
36 current owners across 10 states.
- TX 25
- AL 2
- AR 2
- FL 1
- FM 1
- GA 1
- KY 1
- MS 1
- SC 1
- TN 1
Counts only, from the list the franchisor prints in Item 20. Names and phone numbers are for your own due diligence and are not shown here.
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 43
- Loan volume
- $39.5M
- Median loan
- $820K
- 50th percentile
- Charge-off rate
- Limited · 43 loans
- Limited SBA coverage: 43 loans, rate hidden until 10 have resolved and loans reach 2% of franchised units
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- Limited · 43 loans
- 5-yr charge-off
- Limited · 43 loans
- Loans approved 2021+
- Active lenders
- 20
- Defaults
- 1
- Typical loan rate
- 7.6%
- avg rate to borrowers
- Franchised industry avg
- 13.2%
- n=4,117 loans
- Jobs supported
- 1,237
- 4.6 per loan
- Lender concentration
- 13%
- top lender's share
Borrower mix: 97% went to startups / new businesses, 3% to established operators
Franchise vs independent — in full-service restaurants, franchised businesses charge off at 13.2% vs 9.7% for independents — franchising is associated with 36% higher SBA default risk in this category.
Top lenders financing The Toasted Yolk Cafe franchisees
Showing 3 of 20 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Lender network · 7(a) + 504
SBA Lending Report
Full lending analysis for The Toasted Yolk Cafe from SBA 7(a) FOIA data.
- Principal loss rate
- 3.7%
- Avg SBA guarantee
- 73%
- Avg interest rate
- 7.59%
- Avg chargeoff amount
- $1.0M
- Lender concentration
- 12.5%
- Job velocity
- 4.6 per $100K
- NAICS benchmark
- 7.4%
- NAICS 722511
- Jobs supported
- 1,237
Top SBA lendersTop lender holds 13% of loans
| # | Lender | Loans | Volume | Default % |
|---|---|---|---|---|
| 1 | First Bank of the Lake | 4 | $4.3M | 100.0% |
| 2 | Old National Bank | 4 | $1.8M | N/A |
| 3 | Midwest Regional Bank | 3 | $2.4M | N/A |
| 4 | Stearns Bank National Association | 2 | $1.2M | 0.0% |
| 5 | First Internet Bank of Indiana | 2 | $895K | N/A |
| 6 | Brookline Bank, a Division of Beacon Bank and Trust | 2 | $2.3M | 0.0% |
| 7 | The Huntington National Bank | 2 | $1.3M | N/A |
| 8 | Cadence Bank | 2 | $3.7M | N/A |
| 9 | Frost Bank | 1 | $612K | 0.0% |
| 10 | PNC Bank, National Association | 1 | $962K | N/A |
Geographic failure vector
| State | Loans | Defaults | Rate |
|---|---|---|---|
| TXTexas | 22 | 1 | 25.0% |
| TNTennessee | 4 | 0 | -- |
| ALAlabama | 3 | 0 | -- |
| MSMississippi | 2 | 0 | -- |
| KYKentucky | 1 | 0 | -- |
SBA 7(a) lending trend
Borrower profile
Source: SBA 7(a) + 504 FOIA loan-level data, matched by FranchiseVerdict
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Clean profile: positive net worth $337,872, strong net income $1.89M on $3.62M revenue, audited financials, Item 19 disclosed. No litigation, bankruptcy, or going-concern. 42 units with strong 71.4% net growth and low 2.8% turnover.
Litigation (Item 3)
Subject: officers or affiliates. The franchisor is not a named party in these cases.
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · The Rascon CPA Firm PLLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 75 / 100 verdict
- 01MINORPositive equity $337,872, net income $1,892,215
- 02MINORNo litigation/bankruptcy/going-concern
- 03MINOR42 units, 71.4% net growth
- 04MEDItem 19 disclosed, audited
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 5.5% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Protected territory |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory sizeℹ | Geographic |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 5 days |
| Mandatory arbitration | Yes |
| Governing law | Texas |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 25 hrs
- On-the-job training
- 25 hrs
- Training location
- On-site and off-site
- Ongoing training
- Required
- Time to open
- 10 mo
- From signing to launch
- Site selection
- franchisor-approved broker; franchisor approves site
- Franchisor financing
- Not offered
- Item 10
- POS system
- Revention POS
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Revention POS
Item 20 · call current owners
Franchisee Contacts
36 owners to call
Name · phone · city · state. Extracted from FDD Item 20
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a The Toasted Yolk Cafe franchise?
The total investment to open a The Toasted Yolk Cafe franchise ranges from $1.1M – $1.7M, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do The Toasted Yolk Cafe franchise owners earn?
Item 19 of the The Toasted Yolk Cafe FDD discloses outlet figures from $820K to $4.2M but no single average across all outlets. These are gross sales figures, not profit; the Revenue section shows what the filing reports and on what basis. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Who owns The Toasted Yolk Cafe?
The Toasted Yolk Cafe is franchised by The Toasted Yolk Franchise Company, LLC. Its parent company is The Toasted Yolk Cafe, LLC. Source: FDD Item 1, 2025 filing.
What is Item 19 in the The Toasted Yolk Cafe FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the The Toasted Yolk Cafe FDD and qualifies whose outlets they describe.
What is The Toasted Yolk Cafe's franchise failure rate?
SBA 7(a) loan charge-off data is not available for The Toasted Yolk Cafe (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 Toasted Yolk Cafe franchise locations are there?
As of their most recent FDD filing, The Toasted Yolk Cafe has 42 total units in the United States, including 36 franchised units and 6 company-owned units. 9 new units were opened in the latest reporting year.
Is The Toasted Yolk Cafe a good franchise to buy?
FranchiseVerdict rates The Toasted Yolk Cafe as a A-grade franchise with a verdict score of 75 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. 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.
For franchisors
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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.