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indicates the clear winner per row. Ties and missing data are not highlighted.
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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| Brand | Noble Chicken Quick-Service Restaurants 2025 FDD Remove | Tropical Smoothie Cafe Quick-Service Restaurants 2025 FDD Remove |
|---|---|---|
| Vitals | ||
FDD filing | FDD issued Apr 24, 2025 | FDD issued Apr 18, 2025 |
Investment range | $432K – $725K | $341K – $815K |
Liquid capital | $25K – $45K | $10K – $57K |
Franchise fee | $35K | $35K |
Royalty rate | 5.5% | 6.0% |
Ad fund rate | 3.0% | 5.0% |
| Performance | ||
Avg gross sales | No Item 19 representation | $1.0MNet sales |
Median gross sales | Not disclosed | $955K |
Avg owner earnings Metric varies by brand. Check type below | Not disclosed | Not extracted |
Earnings metric | Not classified | Not classified |
| Risk | ||
Rating | CAverage | AStrongest tier |
Verdict score | 39 / 100 | 86 / 100 |
SBA charge-off rate | Not SBA-matched | 11.2% (n=653) |
SBA loans on record | N/A | 653 |
| Scale | ||
Total units | 0 | 1,515 |
Net change (latest yr) | 0 | +143 |
Signed, not yet open | 0 | Not extracted |
Turnover rate | Not extracted | 1.2% |
| Contract | ||
Initial term (years) | 10 | 15 |
Renewal term (years) | 10 | 10 |
Initial training (hrs) | 119 | 235 |
| Contacts | ||
Franchisee phones | 2 | 1,970 |
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