New-franchisor index

Brands franchising since 2024

456 brands with an FDD on file began franchising in 2024 or later.

Limited operating history. A system this young has fewer than three years of Item 20 outlet history and rarely enough SBA loans for a charge-off rate, so its grade rests on less evidence than an established system's. Read its Item 20 tables and talk to its first franchisees before relying on the grade.

CAverage

ATL Wing Spot

Investment

$216K – $435K

Item 19 (Reported)

$1.7M

Company-owned only1 outlet

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Masood Din, Member · 0 signed, not yet open (Item 20)

Quick-Service Restaurants

Report data issue

FDD '25

CAverage

Birdcall

1 contacts

Investment

$702K – $2.4M

Item 19 (Reported)

$2.4M

Company-owned only

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Mark Lohmann, Chief Executive Officer · 0 signed, not yet open (Item 20)

Quick-Service Restaurants

Report data issue

FDD '25

CAverage

Buddy’s Home Furnishings

202 contacts

Investment

$376K – $798K

Item 19 (Reported)

$731K

Units

223-37%

SBA 7(a) charge-off

~0.0%(n=12)

Led by Michael Bennett, Chief Executive Officer · 0 signed, not yet open (Item 20)

Retail

Report data issue

FDD '26

CAverage

Coffee and Water Lab

Investment

$441K – $838K

Item 19 (Reported)

$1.4M

Company-owned only1 outlet

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Luis Pedroza, Member · 0 signed, not yet open (Item 20)

Quick-Service Restaurants

Report data issue

FDD '25

CAverage

House of Core

1 contacts

Investment

$211K – $326K

Item 19 (Reported)

$440K

Company-owned only1 outlet

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Wendy Wilcox, Chief Executive Officer · 1 signed, not yet open (Item 20)

Health & Fitness

Report data issue

FDD '25

CAverage

MidnighTreats

3 contacts

Investment

$133K – $296K

Item 19 (Reported)

$485K

2 outlets

Units

4+50%

SBA 7(a) charge-off

Not SBA-matched

Led by Johnny Nguyen, CEO and Co-Founder · 0 signed, not yet open (Item 20)

Quick-Service Restaurants

Report data issue

FDD '26

CAverage

Stone Environmental Services™

Investment

$151K – $261K

Item 19 (Reported)

$921K

Company-owned only1 outlet

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Anna M. Milantoni, Member/CEO · 0 signed, not yet open (Item 20)

Cleaning & Maintenance

Report data issue

FDD '25

CAverage

The Sports Bra

1 contacts

Investment

$304K – $889K

Item 19 (Reported)

$1.1M

Company-owned only1 outlet

Units

SBA 7(a) charge-off

Under 10 loans (1)

Led by Jennifer (Jenny) Nguyen, President and CEO · 0 signed, not yet open (Item 20)

Full-Service Restaurants

Report data issue

FDD '25

CAverage

Varsity Zone

18 contacts

Investment

$204K – $269K

Item 19 (Reported)

$1.4M

Per franchisee, not per outletCompany-owned only1 outlet

Units

SBA 7(a) charge-off

Under 10 loans (1)

Led by Anthony "Tony" Hulbert, Chief Executive Officer

Home Services

Report data issue

FDD '25

CAverage

Water Wings Swim School

3 contacts

Investment

$994K – $1.4M

Item 19 (Reported)

$1.6M

Company-owned only

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Avi Shafshak, President

Education

Report data issue

FDD '25

CAverage

Elev8 Performance

Investment

$211K – $555K

Item 19 (Reported)

$953K

Company-owned only1 outlet

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Katrina Garcia · 0 signed, not yet open (Item 20)

Health & Fitness

Report data issue

FDD '25

CAverage

grown

Investment

$575K – $1.7M

Item 19 (Reported)

$1.8M

Company-owned only1 outlet

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Shannon Allen, Founder and Chief Executive Officer · 0 signed, not yet open (Item 20)

Full-Service Restaurants

Report data issue

FDD '25

CAverage

Intelligent Office

48 contacts

Investment

$228K – $1.5M

Item 19 (Reported)

$602K

Units

41-9%

SBA 7(a) charge-off

~20.0%(n=19)

Led by Jason Anderson, Co-Founder and Chief Executive Officer · 6 signed, not yet open (Item 20)

Business Services

Report data issue

FDD '25

CAverage

Mike’s Red Tacos

Investment

$640K – $2.0M

Item 19 (Reported)

$3.0M

Company-owned only1 outlet

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Vincent Montanelli, President and Chief Operating Officer · 0 signed, not yet open (Item 20)

Quick-Service Restaurants

Report data issue

FDD '25

CAverage

Playful Pack

1 contacts

Investment

$286K – $489K

Item 19 (Reported)

$543K

Incl. company outlets

Units

SBA 7(a) charge-off

Under 10 loans (2)

Led by Scott Parker · 4 signed, not yet open (Item 20)

Pet Services

Report data issue

FDD '25

CAverage

Breadless

1 contacts

Investment

$439K – $715K

Item 19 (Reported)

$1.1M

Company-owned only1 outlet

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Marc Howland, Chief Executive Officer · 0 signed, not yet open (Item 20)

Quick-Service Restaurants

Report data issue

FDD '26

CAverage

Free Spirit Yoga Ninja Play

1 contacts

Investment

$444K – $596K

Item 19 (Reported)

$509K

Company-owned only1 outlet

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Seth Augustine, Co-Founder and Chief Executive Officer · 0 signed, not yet open (Item 20)

Health & Fitness

Report data issue

FDD '25

CAverage

MF Gyros & Burgers

Investment

$163K – $378K

Item 19 (Reported)

$435K

Company-owned only1 outlet

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Kavish Sharma, Member · 0 signed, not yet open (Item 20)

Quick-Service Restaurants

Report data issue

FDD '25

CAverage

Orlando Cat Café

2 contacts

Investment

$424K – $664K

Item 19 (Reported)

$753K

Company-owned only1 outlet

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Sandra Cagan, Founder and CEO · 0 signed, not yet open (Item 20)

Pet Services

Report data issue

FDD '25

CAverage

Portal Club

1 contacts

Investment

$386K – $618K

Item 19 (Reported)

$860K

Company-owned only1 outlet

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Will Drescher, Chief Executive Officer · 0 signed, not yet open (Item 20)

Healthcare

Report data issue

FDD '25

CAverage

Art of Drawers

25 contacts

Investment

$135K – $167K

Item 19 (Reported)

Partial, no average

Units

SBA 7(a) charge-off

Under 10 loans (4)

Led by Jake Farell, Chief Executive Officer

Home Services

Report data issue

FDD '26

CAverage

Abu Omar Halal Food Truck

Limited Data

Investment

$267K – $438K

Item 19 (Reported)

$586K

Company-owned only

Units

Not extracted

SBA 7(a) charge-off

Not SBA-matched

Led by Mohammad Omar Altawaha, President · 0 signed, not yet open (Item 20)

Full-Service Restaurants

Report data issue

FDD '26

CAverage

To the T Plumbing and Heating

1 contacts

Investment

$106K – $205K

Item 19 (Reported)

Not disclosed

Units

2+100%

SBA 7(a) charge-off

Not SBA-matched

Led by Megan J. Trail, Managing Member · 0 signed, not yet open (Item 20)

Home Services

Report data issue

FDD '25

CAverage

1+1 Cares

Investment

$66K – $124K

Item 19 (Reported)

Partial, no average

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Ray Liu, President · 0 signed, not yet open (Item 20)

Senior Care

Report data issue

FDD '26

CAverage

101 Chicken

4 contacts

Investment

$397K – $809K

Item 19 (Reported)

Not disclosed

Units

4+200%

SBA 7(a) charge-off

Not SBA-matched

Led by Wonho "Paul" Choi, Co-Founder and Chief Executive Officer · 1 signed, not yet open (Item 20)

Quick-Service Restaurants

Report data issue

FDD '26

CAverage

Cortz

4 contacts

Investment

$103K – $203K

Item 19 (Reported)

Not disclosed

Units

SBA 7(a) charge-off

Not SBA-matched

Led by David Klembith, Chief Executive Officer · 0 signed, not yet open (Item 20)

Home Services

Report data issue

FDD '25

CAverage

Decimal

1 contacts

Investment

$46K – $1.1M

Item 19 (Reported)

Not disclosed

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Matt Tait, Chief Executive Officer and Director · 0 signed, not yet open (Item 20)

Financial Services

Report data issue

FDD '25

CAverage

Dumont Creamery and Café

1 contacts

Investment

$271K – $573K

Item 19 (Reported)

Not disclosed

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Ajay Govada, Chief Executive Officer · 0 signed, not yet open (Item 20)

Full-Service Restaurants

Report data issue

FDD '24

CAverage

GolfTRK

4 contacts

Investment

$399K – $696K

Item 19 (Reported)

Partial, no average

Units

2+100%

SBA 7(a) charge-off

Under 10 loans (4)

Led by Alex Reed, Chief Executive Officer · 8 signed, not yet open (Item 20)

Recreation & Entertainment

Report data issue

FDD '26

CAverage

HomewardVet

1 contacts

Investment

$33K – $107K

Item 19 (Reported)

Partial, no average

Units

SBA 7(a) charge-off

Not SBA-matched

Led by David Hoe, Chief Executive Officer and Founder · 0 signed, not yet open (Item 20)

Pet Services

Report data issue

FDD '25

CAverage

Laundry Spot

Investment

$1.3M – $2.2M

Item 19 (Reported)

Partial, no average

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Dan Reese, Chief Executive Officer · 0 signed, not yet open (Item 20)

Cleaning & Maintenance

Report data issue

FDD '26

CAverage

Lush Lawn®

Investment

$167K – $322K

Item 19 (Reported)

Partial, no average

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Aaron Samson, Chief Executive Officer · 0 signed, not yet open (Item 20)

Home Services

Report data issue

FDD '25

CAverage

Mogumogu Mazemen And Ramen

2 contacts

Investment

$475K – $843K

Item 19 (Reported)

Partial, no average

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Tomohiro Wada, Chief Executive Officer · 0 signed, not yet open (Item 20)

Quick-Service Restaurants

Report data issue

FDD '24

CAverage

Radiant Results

2 contacts

Investment

$121K – $445K

Item 19 (Reported)

Partial, no average

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Shane Kurth, Chief Executive Officer and Co-Founder · 0 signed, not yet open (Item 20)

Healthcare

Report data issue

FDD '26

CAverage

Rebuild

Investment

$88K – $162K

Item 19 (Reported)

Partial, no average

Units

1+0%

SBA 7(a) charge-off

Not SBA-matched

Led by Brent Sauchuk, CEO · 0 signed, not yet open (Item 20)

Cleaning & Maintenance

Report data issue

FDD '25

CAverage

Red Light Method

8 contacts

Investment

$199K – $821K

Item 19 (Reported)

Partial, no average

Units

4+300%

SBA 7(a) charge-off

Under 10 loans (2)

Led by Eric Tepper, Chief Executive Officer and National Sales Director · 13 signed, not yet open (Item 20)

Health & Fitness

Report data issue

FDD '25

CAverage

ShippingShop

Investment

$100K – $209K

Item 19 (Reported)

Not disclosed

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Melchor Felix Chavez, Chief Executive Officer and Co-Founder · 0 signed, not yet open (Item 20)

Quick-Service Restaurants

Report data issue

FDD '25

CAverage

SKIN EXPERTS by Brentwood Spa

Investment

$486K – $865K

Item 19 (Reported)

Partial, no average

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Marisa Cashel, President & Managing Director

Personal Care & Beauty

Report data issue

FDD '25

CAverage

Story Time Chess

2 contacts

Investment

$66K – $87K

Item 19 (Reported)

Partial, no average

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Paul Levy, Chief Executive Officer · 0 signed, not yet open (Item 20)

Education

Report data issue

FDD '26

CAverage

Tabla Indian Cuisine

Investment

$324K – $629K

Item 19 (Reported)

Partial, no average

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Anshu Jain, Chief Executive Officer · 1 signed, not yet open (Item 20)

Full-Service Restaurants

Report data issue

FDD '25

CAverage

Tap

Investment

$460K – $766K

Item 19 (Reported)

Partial, no average

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Pedro Uchoa, CEO · 0 signed, not yet open (Item 20)

Full-Service Restaurants

Report data issue

FDD '26

CAverage

The Flower Garage

3 contacts

Investment

$36K – $74K

Item 19 (Reported)

Not disclosed

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Danielle Christakos, President/CEO · 0 signed, not yet open (Item 20)

Retail

Report data issue

FDD '26

CAverage

Transformations Center for Weight Loss

Investment

$121K – $247K

Item 19 (Reported)

Partial, no average

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Dr. Eugenia Caternor, CEO · 0 signed, not yet open (Item 20)

Healthcare

Report data issue

FDD '25

CAverage

Unscripted by Hyatt

15 contacts

Investment

$1.9M – $9.6M

Item 19 (Reported)

Not disclosed

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Mark Hoplamazian, Chief Growth Officer (Interim); President and CEO of Hyatt Hotels Corporation · 5 signed, not yet open (Item 20)

Lodging

Report data issue

FDD '26

CAverage

Vibe House Pilates

Investment

$297K – $467K

Item 19 (Reported)

Partial, no average

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Rosalie Black, Chief Executive Officer · 0 signed, not yet open (Item 20)

Health & Fitness

Report data issue

FDD '26

CAverage

Water Babies

Investment

$108K – $153K

Item 19 (Reported)

Partial, no average

Units

SBA 7(a) charge-off

Not SBA-matched

Led by Howard Harrison, CEO · 0 signed, not yet open (Item 20)

Education

Report data issue

FDD '25

CAverage

Waterloo Turf

3 contacts

Investment

$106K – $152K

Item 19 (Reported)

Partial, no average

Units

SBA 7(a) charge-off

Under 10 loans (1)

Led by Tim Lovett, Chief Executive Officer · 0 signed, not yet open (Item 20)

Home Services

Report data issue

FDD '25

CAverage

Wushu Central’s Kung Fu Kids

Investment

$214K – $397K

Item 19 (Reported)

Partial, no average

Units

SBA 7(a) charge-off

Not SBA-matched

Led by David Chang, Chief Executive Officer · 0 signed, not yet open (Item 20)

Health & Fitness

Report data issue

FDD '25

“Began franchising” is the year the franchisor states in Item 1 of its FDD; the lead executive is the first officer Item 2 names, and “signed, not yet open” is the Total row of Item 20 Table 5. Item 19 “figures on file” means the filing discloses an average or a partial set of outlet figures; “no representation” means the filing states it makes none. Gross sales are revenue, not profit. Nothing here is investment advice.