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FranchiseVerdict

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3 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 (2024, 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 Costs, fees and unit counts change from one filing to the next, so the older column may be out of date.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
Modern Market Eatery logoBAbove average
Modern Market Eatery
Quick-Service Restaurants
2024 FDD
Remove
Neehee's logoBAbove average
Neehee's
Quick-Service Restaurants
2025 FDD
Remove
Caribou Coffee logoAStrongest tier
Caribou Coffee
Quick-Service Restaurants
2026 FDD
Remove
Vitals
FDD filing
FDD issued Jan 31, 2024
FDD issued Apr 24, 2025
2026 FDD
Investment range
$929K – $1.5M
$925K – $1.5M
$898K – $1.5M
Liquid capital
$30K – $40K
$50K – $100K
$37K – $94K
Franchise fee
$40K
$60K
$30K
Royalty rate
5.0%
5.0%
5.0%
Ad fund rate
1.0%
3.0%
3.0%
Performance
Avg gross sales
$2.8M
$1.4MOutlet subsetNet sales
Partial, no system average
Median gross sales
$2.8M
$1.3MOutlet subset
Not extracted
Avg owner earnings
Metric varies by brand. Check type below
$180K
Not extracted
Not extracted
Earnings metric
Restaurant EBITDA (adjusted for Royalty, Brand Fund, and Local Advertising)
Not classified
Not classified
Risk
Rating
BAbove average
BAbove average
AStrongest tier
Verdict score
59 / 100
51 / 100
78 / 100
SBA charge-off rate
Not SBA-matched
Under 10 loans (5)
Under 10 loans (2)
SBA loans on record
N/A
5
2
Scale
Total units
26
4
494
Net change (latest yr)
0
0
-8
Signed, not yet open
0 (0.00 per open outlet)
4 (1.00 per open outlet)
Not extracted
Turnover rate
0.0%
0.0%
2.0%
Contract
Initial term (years)
10
10
10
Renewal term (years)
10
10
5
Initial training (hrs)
360
56
240
Contacts
Franchisee phones
3
2
155

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