Bottom line
- Total investment $718K – $1.6M including a $40K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $1.9M/year (median $1.7M).
- Rated STRONG with a risk score of 52/100. SBA loan default rate of 0.0% across 137 loans (below the industry average).
- System growing at 105.6% CAGR over 3 years with 149 total units — strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
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 Tous Les Jours unit return on the cash you put in?
Unlevered ROIC · per unit
16%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Tous Les Jours units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.2M
on $5.8M purchase
Total debt
$4.7M
SBA $2.9M + senior + seller note
Overview
About
Franchisees operate artisanal bakery-café locations serving fresh-baked breads, pastries, cakes, and coffee. Day-to-day operations include early morning baking production, customer service, inventory management, and maintaining high-turnover fresh food standards across 149 mostly Korean-influenced locations.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 22 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 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.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Tous Les Jours presents elevated risk due to missing profitability data, unprotected territories, aggressive expansion without disclosed unit economics, and corporate going concern issues.
Score breakdown · what drove the 52 / 100 rating
- 01MINORNo net income disclosure (Item 19) prevents ROI validation despite $1.9M avg revenue
- 02MINORUnprotected territory creates direct competition risk within same market
- 03MINORRapid unit growth (73.8% YoY) suggests possible oversaturation or aggressive recruitment masking profitability issues
- 04MEDWide investment range ($718K-$1.6M) with no disclosed average net income creates uncertainty on breakeven timeline
- 05HIGHGoing Concern status is FALSE, indicating potential corporate financial instability
- 06MINOR5% royalty on gross sales (not net) means franchisees pay even during unprofitable periods
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
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
71 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Tous Les Jours · FDD (2025) PDF