Is Monkey Joe’s or Cheeky Monkeys cheaper to open?

Monkey Joe’s costs $681,000–$1,240,500 and Cheeky Monkeys costs $723,550–$1,122,000 to open (FDD Item 7). Monkey Joe’s has the lower entry cost.

Which is the better franchise, Monkey Joe’s or Cheeky Monkeys?

FranchiseVerdict grades Monkey Joe’s F and Cheeky Monkeys D, from FDD Items 5–7, 19–21 and SBA loan performance. See the full side-by-side above.

Monkey Joe’s vs Cheeky Monkeys

Franchise Comparison 2026

Both Monkey Joe’s and Cheeky Monkeys are recreation & entertainment franchises. Monkey Joe’s requires an investment of $681K – $1.2M while Cheeky Monkeys requires $724K – $1.1M. Neither Monkey Joe’s nor Cheeky Monkeys makes a financial performance representation in Item 19 of its FDD — a voluntary item under the FTC Franchise Rule — so the two cannot be compared on disclosed unit revenue. Monkey Joe’s has SBA lending data on file with a 27.8% charge-off rate. FranchiseVerdict rates Monkey Joe’s F (Weakest tier) and Cheeky Monkeys D (Below average).

Metric	Monkey Joe’s	Cheeky Monkeys
Verdict Grade	FWeakest tier	DBelow average
Investment Range	$681K – $1.2M	$724K – $1.1M
Franchise Fee	$40K	$40K
Royalty Rate	5.0%	6.0%
Average Revenue (Item 19)	N/ANo Item 19 representation	N/ANo Item 19 representation
SBA Charge-Off Rate	27.8% (27 loans)	Limited data
Total Units	14	10
Unit Growth (YoY)	-3 units	+3 units
Year Began Franchising	2005	2021
FDD Year	2022	2025