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FranchiseVerdict

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2 brands side-by-side

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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 Costs, fees and unit counts change from one filing to the next, so the older column may be out of date.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
Newk's Eatery logoBAbove average
Newk's Eatery
Quick-Service Restaurants
2025 FDD
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DQ Treat logoBAbove average
DQ Treat
Quick-Service Restaurants
2026 FDD
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Vitals
FDD filing
FDD issued Apr 30, 2025
FDD issued Mar 26, 2026
Investment range
$1.0M – $1.4M
$849K – $1.6M
Liquid capital
$33K – $40K
$41K – $155K
Franchise fee
$40K
$25K
Royalty rate
5.0%
5.0%
Ad fund rate
1.8%
5.0%
Performance
Avg gross sales
$2.4MNet sales
No Item 19 representation
Median gross sales
$2.3M
Not disclosed
Avg owner earnings
Metric varies by brand. Check type below
Not extracted
Not disclosed
Earnings metric
Net Revenue - AUV
Not classified
Risk
Rating
BAbove average
BAbove average
Verdict score
68 / 100
65 / 100
SBA charge-off rate
Under 10 loans (7)
Limited · 29 loans
SBA loans on record
7
29
Scale
Total units
95
745
Net change (latest yr)
-2
+18
Signed, not yet open
0 (0.00 per open outlet)
Not extracted
Turnover rate
4.2%
4.2%
Contract
Initial term (years)
10
15
Renewal term (years)
5
15
Initial training (hrs)
325
174
Contacts
Franchisee phones
66
1,303

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