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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 Costs, fees and unit counts change from one filing to the next, so the older column may be out of date.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
The Alley logoBAbove average
The Alley
Quick-Service Restaurants
2024 FDD
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Pitango Gelato logoBAbove average
Pitango Gelato
Quick-Service Restaurants
2025 FDD
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Papa Murphy's logoAStrongest tier
Papa Murphy's
Quick-Service Restaurants
2026 FDD
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Vitals
FDD filing
FDD issued Aug 20, 2024
2025 FDD
FDD issued Mar 27, 2026
Investment range
$400K – $743K
$387K – $756K
$450K – $693K
Liquid capital
$18K – $30K
$45K – $70K
$10K – $50K
Franchise fee
$50K
$35K
$25K
Royalty rate
7.0%
5.0%
5.0%
Ad fund rate
1.0%
1.5%
2.0%
Performance
Avg gross sales
No Item 19 representation
$807KCompany-owned only
$688KNet sales
Median gross sales
Not disclosed
Not extracted
$618K
Avg owner earnings
Metric varies by brand. Check type below
Not disclosed
Not extracted
Not extracted
Earnings metric
Not classified
Not classified
Not classified
Risk
Rating
BAbove average
BAbove average
AStrongest tier
Verdict score
58 / 100
46 / 100
73 / 100
SBA charge-off rate
Under 10 loans (6)
Not SBA-matched
9.3% (n=119)
SBA loans on record
6
N/A
119
Scale
Total units
9
6
1,014
Net change (latest yr)
+4
+1
-36
Signed, not yet open
Not extracted
0 (0.00 per open outlet)
Not extracted
Turnover rate
12.5%
0.0%
3.9%
Contract
Initial term (years)
5
10
10
Renewal term (years)
5
10
5
Initial training (hrs)
169
106
300
Contacts
Franchisee phones
9
3
1,158

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