Disclaimer
Disclosed figures and our calculations
Initial fees, other charges, startup investment, financial performance and outlet-history figures on brand pages come from linked Franchise Disclosure Documents (FDDs) filed with U.S. state regulators. They are the franchisor’s estimates and disclosures as of the FDD’s issue date. We do not audit the franchisor's underlying business records. A liquid-capital or net-worth requirement may instead come from the franchisor's official website when the FDD does not state it; the page identifies that source. Our fee estimates and franchise exit rates are calculations, not totals disclosed by the franchisor. A check date records a completed comparison with the FDD at that time; a later source-review hold takes precedence. A provisional page has not completed that source review and shows a warning, including any known conflict.
They can be out of date
The federal rule requires annual updates and revisions for material changes (16 CFR 436.7). Each page shows the FDD year and issue date it uses. Before you rely on a figure, get the current FDD from the franchisor.
Our calculations rest on stated assumptions
The 10-year startup-and-fee estimate, franchise exit rate and calculator results are arithmetic on FDD figures and on assumptions explained in our methodology. They are not forecasts of what you will pay, earn or experience.
Not advice
Nothing here is financial, legal, tax or investment advice, or a recommendation about any franchise. Before buying, read the complete FDD, speak with current and former owners listed in Item 20, and have a franchise attorney and an accountant review the documents with you.
Not an offer to sell a franchise
Nothing on this site is an offer to sell, or a solicitation to buy, any franchise. We do not sell or broker franchises. Our brand pages are research summaries, not transaction documents.
No affiliation
Brand names and trademarks belong to their owners. TrueFranchiseCost is not affiliated with, endorsed by or paid by any franchisor mentioned on this site.