Auntie Anne's Franchise Review 2026: Ratings & Verdict

Product details

Contents

Key facts


The Verdict

Quick Verdict · who it fits

Auntie Anne's Franchisor SPV LLC fits owner-operators looking for a mature food & beverage concept.

✓ Strengths

⚠ Risks to review

Key FDD Facts

The numbers a buyer needs first — straight from the filing.

Initial investment (Item 7)

$158K - $836K

Franchise fee (Item 5)

$11K

Royalty (Item 6)

7–8% + 2–3% ad

Item 19 median rev

$733k

System size (Item 20)

1,247 +92

Years in business

20+ yrs

Company-owned units

11

Item 3 litigation

4 suits

Buyer qualifications

Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.

Item 19 revenue distribution

Where units actually land — not just the headline average.

P25

$104k

Median

$733k

P75

$2.94M

▪ n = 489 units · Enclosed Mall Franchises · fiscal year 2025 · Source: 2026 FDD Item 19

What you'd pay the franchisor

Drag to your projected annual sales. Royalty 7–8% + ad fund 2–3% on gross sales.

PROJECTED ANNUAL SALES$730,000

$100k$2M

Royalty (7–8%)

Ad fund (2–3%)

Total / year

▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration

Executive Summary

Free AI summary — the first read on the filing.

Key Numbers

1,247

Total units open

54

Units opened last year

3

Units closed last year

+54

Net unit growth

AI Due Diligence Findings PREMIUM

What our analysis flagged across the 2026 filing.

4

Risks to review

3

Strengths identified

4

Questions to ask

Industry Benchmarks

How Auntie Anne's ranks against 561 Food & Beverage peers we've analyzed.

Initial investment

17th pct · of 561 peers

Franchise fee

5th pct · of 561 peers

System size

93rd pct · of 561 peers

Food & Beverage industry averages

Avg investment

$594K - $1.4M

Avg franchise fee

$44K

Avg system size

346

Franchises analyzed

561

How Auntie Anne's stacks up

Closest concepts by category and investment.

Brand Item 19 Fee Investment Royalty Units
Auntie Anne's Disclosed $11K $158K - $836K 7–8% 1,247
Penn StationSimilar price Disclosed $25K $441K - $833K 2–8% 321
Doctor's AssociatesBiggest system Disclosed $15K $227K - $630K 8% 18,773
Vintage Hospitality GroupTop-rated in category Disclosed $50K $3.5M - $6.4M 5.5% 33

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Frequently Asked Questions

How much does a Auntie Anne's Franchisor SPV LLC franchise cost?

Auntie Anne's Franchisor SPV LLC requires a $10,500 initial franchise fee and a total initial investment range of $157,795–$835,500, per the most recent FDD on file.

Does Auntie Anne's Franchisor SPV LLC disclose financial performance (Item 19)?

Yes. Auntie Anne's Franchisor SPV LLC discloses Item 19 financial performance representations with reported revenue around $732,705. See the financials sub-page for the full distribution.

What ongoing fees does Auntie Anne's Franchisor SPV LLC charge?

Franchisees pay a royalty of 7.0% to 8.0% and an advertising fund contribution of 2.0% to 3.0% on gross sales as defined in Item 6 of the FDD.

How many Auntie Anne's Franchisor SPV LLC locations are there?

As of their 2026 FDD, Auntie Anne's Franchisor SPV LLC has 1,247 total locations, with 92 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.

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