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Browse our analysis of every franchise disclosure document on file. Free summaries, key stats, and industry benchmarks.

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Frequently Asked Questions About Franchise FDDs

What is a Franchise Disclosure Document (FDD)?

A Franchise Disclosure Document is a legal document that franchisors must provide to prospective buyers at least 14 days before any agreement is signed or money changes hands. It contains 23 items covering the franchisor's background, fees, obligations, financial performance, litigation history, and more.

How do I use VetMyFranchise to research franchise opportunities?

Browse our library of 2,000+ franchise FDD analyses using the search bar and filters above. You can filter by industry, investment range, franchise fee, unit count, and whether the brand discloses financial performance data (Item 19).

Can I compare different franchises side by side?

Yes. Select up to four franchises using the compare checkbox on each listing card, then click the Compare button to see a detailed side-by-side breakdown of investment costs, fees, royalty rates, unit counts, and other key FDD data points.

Are the franchise FDD analyses on VetMyFranchise free?

Yes, every franchise in our library includes a free executive summary covering key facts from the FDD. For deeper analysis, we offer paid reports with 12-section detailed breakdowns and personalized assessments.

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Frequently Asked Questions

What is a Franchise Disclosure Document (FDD)?

A Franchise Disclosure Document is a legal document that franchisors must provide to prospective buyers at least 14 days before any agreement is signed or money changes hands. It contains 23 items covering the franchisor's background, fees, obligations, financial performance, litigation history, and more. The FTC mandates this disclosure to protect franchise investors.

How do I use VetMyFranchise to research franchise opportunities?

Browse our library of 2,000+ franchise FDD analyses using the search bar and filters on this page. You can filter by industry, investment range, franchise fee, unit count, and whether the brand discloses financial performance data (Item 19). Each franchise profile includes an executive summary of key FDD facts, fees, and investment requirements.

What does "Item 19 Available" mean on a franchise listing?

Item 19 of the FDD is the Financial Performance Representations section, where franchisors can voluntarily disclose revenue, profit, or other financial data from existing franchise units. Not all franchisors provide this information. Franchises marked "Item 19 Available" in our library have disclosed financial performance data, which can help you evaluate potential returns before investing.

How much does it cost to buy a franchise?

Franchise investment costs vary widely by brand and industry. Initial investments can range from under $25,000 for low-cost service franchises to over $1 million for full-scale restaurant or hotel concepts. The total investment includes the franchise fee, build-out costs, equipment, working capital, and other startup expenses detailed in Item 7 of each franchise's FDD.

Can I compare different franchises side by side?

Yes. Select up to four franchises using the compare checkbox on each listing card, then click the Compare button to see a detailed side-by-side breakdown of investment costs, fees, royalty rates, unit counts, and other key FDD data points.

Are the franchise FDD analyses on VetMyFranchise free?

Yes, every franchise in our library includes a free executive summary covering key facts from the FDD, including investment ranges, franchise fees, royalty rates, and unit growth data. For deeper analysis, we offer paid reports with 12-section detailed breakdowns and personalized assessments tailored to your background and goals.

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