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FranchiseVerdict

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2 brands side-by-side

Compare up to 5 brands side by side

indicates the clear winner per row. Ties and missing data are not highlighted.

How winners are chosen

Lower is better for investment, liquid capital, franchise fee, royalty and ad-fund rates, SBA charge-off rate, and owner turnover.

Higher is better for disclosed revenue and owner earnings, verdict score, total units, net unit growth, and franchisee contacts. For the letter grade, A ranks highest.

A row is highlighted only when one brand clearly leads. Ties are never highlighted, and missing data never counts as a win. Some rows (earnings-metric type, loan counts, contract terms) are informational and have no winner.

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These figures come from FDDs of different years (2025, 2026). Costs, fees and unit counts change from one filing to the next, so the older column may be out of date.

Focus by buyer type

Brand
IHOP logoAStrongest tier
IHOP
Full-Service Restaurants
2026 FDD
Remove
Tim Ho Wan logoBAbove average
Tim Ho Wan
Full-Service Restaurants
2025 FDD
Remove
Vitals
FDD filing
FDD issued Mar 27, 2026
FDD issued Jul 2, 2025
Investment range
$2.7M – $4.2M
$3.2M – $3.8M
Liquid capital
$50K – $200K
$300K – $360K
Franchise fee
$50K
$86KMaster/area fee
Royalty rate
4.5%
3.0%
Ad fund rate
3.5%
Not extracted
Performance
Avg gross sales
Partial, no system averageOutlets $288K-$6.7M
No Item 19 representation
Median gross sales
Not extracted
Not disclosed
Avg owner earnings
Metric varies by brand. Check type below
Not extracted
Not disclosed
Earnings metric
Not classified
Not classified
Risk
Rating
AStrongest tier
BAbove average
Verdict score
70 / 100
59 / 100
SBA charge-off rate
7.3% (n=299)
Not SBA-matched
SBA loans on record
299
N/A
Scale
Total units
1,693
6
Net change (latest yr)
-22
0
Signed, not yet open
2 (0.00 per open outlet)
0 (0.00 per open outlet)
Turnover rate
2.9%
0.0%
Contract
Initial term (years)
20
10
Renewal term (years)
10
Not extracted
Initial training (hrs)
316
Not extracted
Contacts
Franchisee phones
1,680
6

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