Franchise Facts Report

Franchise Facts Report → franchises $500K or more

Franchises $500K or more

422 brands · total initial investment from each franchisor's FDD (Item 7)

Every franchise whose own disclosure document puts the low end of its cost to open at $500K or more — ranked by the strength of what that filing shows: earnings disclosed, network growing, closure rate at or below its category's. 272 of them disclose Item 19 earnings.

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#FranchiseTotal investmentItem 19Net outletsClosure rate
1 7 Brew
Food & beverage
$940,500 – $2,283,500 $2,658,575 +281 0%
2 Paris Baguette Family
Food & beverage
$727,515 – $1,860,550 $3,050,434 +75 1.1%
3 Zaxby's
Quick-service restaurant
$1,460,000 – $3,810,500 $2,847,345 +39 0.1%
4 Chicken Salad Chick
Quick-service restaurant
$777,000 – $998,500 $1,496,540 +46 1.5%
5 Freddy's Frozen Custard & Steakburgers
Quick-service restaurant
$854,834 – $2,802,000 $1,859,481 +28 2.9%
6 Perspire Sauna Studio
Health & wellness
$523,437 – $1,147,477 $307,142 +27 1.5%
7 Crunch
Fitness
$2,147,500 – $5,367,000 $2,848,462 +66 1.9%
8 Potbelly Sandwich Shop
Quick-service restaurant
$628,938 – $999,371 $1,344,085 +20 2%
9 Church's
Quick-service restaurant
$659,725 – $1,380,300 $1,270,320 +8 1.8%
10 McAlister's Deli
Quick-service restaurant
$500,000 – $1,000,000 $1,868,101 +9 1.7%
11 Crumbl
Food & beverage
$848,566 – $1,472,533 $1,139,162 +43 —
12 MassageLuXe Spa
Health & wellness
$575,600 – $835,300 $891,848 +12 0%
13 Closet Factory
Home services
$531,500 – $903,500 $44,577,988 +8 1.2%
14 Ivybrook Academy
Child services & education
$643,400 – $1,174,500 $933,598 +9 2.5%
15 Massageluxe
Health & wellness
$570,900 – $799,000 $881,130 +6 0%
16 Hammer & Nails - Grooming for Men (Unit)
Beauty & personal care
$650,300 – $918,700 $847,065 +10 0%
17 D-BAT
Fitness
$503,450 – $995,100 ✓ +29 0.6%
18 Del Taco
Quick-service restaurant
$2,625,400 – $6,175,000 $1,630,406 +120 —
19 SweatHouz
Health & wellness
$631,798 – $1,314,102 ✓ +44 0%
20 D-BAT Academies
Fitness
$536,450 – $1,031,100 ✓ +25 1.6%
21 Homewood Suites by Hilton
Travel & hospitality
$23,757,245 – $34,728,465 ✓ +13 0.2%
22 Tous Les Jours
Food & beverage
$730,750 – $1,703,000 $2,016,770 +38 2.1%
23 Hilton Garden Inn
Travel & hospitality
$25,499,320 – $37,352,033 ✓ +9 0.1%
24 Rent-n-Roll
Automotive
$703,561 – $1,687,275 $1,858,965 +14 —
25 Pollo Campero
Quick-service restaurant
$1,554,650 – $3,750,500 $3,852,695 +4 0%
26 Panda Express
Quick-service restaurant
$514,500 – $3,275,500 $1,328,594 +11 —
27 Huey Magoo's Chicken Tenders
Quick-service restaurant
$1,111,600 – $2,893,500 $2,037,471 +14 —
28 Bruster's Real Ice Cream
Food & beverage
$1,215,120 – $2,669,060 $746,650 +14 2%
29 Celebree Schools
Child services & education
$1,023,550 – $1,404,100 ✓ +15 0%
30 Town Square
Senior & home care
$847,224 – $1,387,268 $1,015,873 +4 0%
31 Boardroom
Beauty & personal care
$574,900 – $795,150 $1,084,118 +3 0%
32 Bonjangles Express Bojanges, Bojangles', Bojanges' Famous Chicken 'n Biscuits $2,600,320 – $3,779,700 ✓ +21 2.6%
33 PHOENIX FRANCHISE GROUP LLC (Rodizio Grill)
Full-service restaurant
$1,023,000 – $3,600,000 $2,749,872 +2 0%
34 Shoot 360
Fitness
$653,100 – $2,120,000 ✓ +10 0%
35 Swig $608,400 – $1,718,000 ✓ +16 0%
36 Town Square
Senior & home care
$639,000 – $893,000 $1,324,218 +2 0%
37 Kiddie Academy Educational Child Care
Child services & education
$590,000 – $1,010,000 ✓ +19 0.9%
38 Cheba Hut
Quick-service restaurant
$631,150 – $2,086,100 $2,329,150 +7 —
39 Hounds Town USA
Pet services
$667,610 – $1,122,153 $1,028,511 +20 5.3%
40 Captain D's $1,037,300 – $1,159,500 ✓ +4 1.3%
41 HomeTowne Studios by Red Roof
Travel & hospitality
$11,734,393 – $14,457,291 ✓ +8 2.2%
42 Another Broken Egg Cafe
Full-service restaurant
$792,500 – $1,804,000 $1,633,743 +7 —
43 SafeSplash
Fitness
$961,200 – $1,348,785 $262,404 +16 14.4%
44 Mcdonald's $1,470,500 – $2,642,000 ✓ +8 0.6%
45 Sola Salon
Beauty & personal care
$950,214 – $1,748,296 ✓ +17 —
46 Urban Air Adventure Park $3,554,475 – $5,634,097 ✓ +18 0.6%
47 Vital Care $555,750 – $1,005,735 ✓ +34 —
48 Hotel Indigo
Travel & hospitality
$9,316,623 – $48,510,839 ✓ +4 0%
49 The Goddard School
Child services & education
$1,003,500 – $1,503,000 $4,101,641 +23 —
50 Scissors + Scotch (Unit)
Beauty & personal care
$514,300 – $798,250 ✓ +7 0%
51 The Great Greek Mediterranean Grill
Quick-service restaurant
$744,620 – $1,246,725 $627,902 +11 3%
52 BeeHive homes
Senior & home care
$3,400,000 – $5,100,000 $843,000 +2 —
53 The Picklr
Fitness
$1,252,400 – $2,077,300 ✓ +34 —
54 Salons By JC
Beauty & personal care
$1,352,200 – $1,900,500 ✓ +2 1.3%
55 SpeeDee Oil Change & Auto Service
Automotive
$708,057 – $2,284,321 ✓ +3 1.5%
56 Primrose Schools
Child services & education
$2,202,500 – $8,010,300 ✓ +32 385.7%
57 Grease Monkey
Automotive
$708,057 – $2,284,321 ✓ +24 1%
58 Bonchon Business and Restaurant
Quick-service restaurant
$1,000,886 – $1,306,126 $1,595,312 +5 4.2%
59 Donatos Pizza
Quick-service restaurant
$546,637 – $1,060,537 $977,213 +3 0.8%
60 Pet Evolution®
Pet services
$800,550 – $1,256,000 ✓ +6 0%
61 Camp Bow Wow
Pet services
$954,606 – $1,229,536 $2,465,224 +2 0.4%
62 Lightbridge Academy
Child services & education
$834,868 – $2,609,735 $2,640,681 +6 3.2%
63 Hawaiian Bros Island Grill
Quick-service restaurant
$1,402,536 – $4,163,150 $2,370,164 +8 3.2%
64 Tee Box
Fitness
$730,000 – $963,500 $904,189 +6 —
65 Black Bear Diner
Full-service restaurant
$1,495,700 – $2,238,600 $2,820,694 +5 2.2%
66 Spavia $586,300 – $788,300 ✓ +2 0%
67 Pizza Ranch
Quick-service restaurant
$2,305,500 – $5,134,500 ✓ +1 2.8%
68 Escapology $630,500 – $2,535,500 $793,521 +5 4.8%
69 Big Air Trampoline Park
Fitness
$2,511,500 – $4,570,000 $2,617,919 +5 0%
70 Slick City $1,567,800 – $4,858,400 $4,000,498 +5 —
71 Five Iron Golf
Fitness
$1,963,500 – $4,655,000 $2,872,177 +4 —
72 Habit Burger & Grill
Quick-service restaurant
$1,031,500 – $2,864,500 $1,896,257 +21 3.3%
73 Hyatt Centric
Travel & hospitality
$54,547,393 – $89,056,821 ✓ +2 0%
74 Red Roof Inn
Travel & hospitality
$7,253,500 – $8,899,600 ✓ +12 4.3%
75 Shipley Do-Nuts
Food & beverage
$516,512 – $855,147 $933,203 +27 2%
76 Glo Tanning
Beauty & personal care
$759,200 – $1,448,000 ✓ +17 0%
77 The Woodhouse Day Spa
Health & wellness
$1,336,897 – $2,022,969 ✓ +5 1.2%
78 Newk's and
Quick-service restaurant
$927,500 – $1,323,350 $2,194,256 +3 3%
79 PAUSE
Health & wellness
$755,663 – $1,084,566 $644,841 +11 —
80 Dairy Queen of Virginia
Quick-service restaurant
$570,100 – $2,550,800 $1,518,403 +13 1.3%
81 Sprinkles Cupcake $880,000 – $1,310,000 ✓ +3 0%
82 Discover Strength
Fitness
$529,000 – $870,000 ✓ +11 —
83 Einstein Bros. Bagels, Noah's New York Bagels, Noah's Bagels
Quick-service restaurant
$650,000 – $1,247,500 ✓ +6 —
84 Jeff's Bagel Run
Food & beverage
$575,722 – $997,972 ✓ +13 —
85 OTH
Food & beverage
$619,260 – $1,062,000 $4,479,987 +2 —
86 810 Entertainment
Food & beverage
$2,941,500 – $4,967,000 $1,558,492 +1 0%
87 Vicious Biscuit
Quick-service restaurant
$875,000 – $1,356,667 $1,343,062 +2 —
88 Garbanzo Mediterranean Fresh
Quick-service restaurant
$552,057 – $734,957 $387,322 +3 5.9%
89 Rise Biscuits Donuts
Food & beverage
$634,100 – $827,000 ✓ +1 0%
90 S.p.e.c.
Child services & education
$577,800 – $2,018,800 $1,586,341 +2 2.9%
91 Play Street Museum $892,814 – $1,392,190 ✓ +8 —
92 Hyatt House Hotels
Travel & hospitality
$26,934,987 – $33,427,565 ✓ +3 —
93 Beef 'O' Brady's Family Sports Pubs
Quick-service restaurant
$525,850 – $1,699,875 $1,607,986 +1 3.1%
94 Ford's Garage
Full-service restaurant
$2,728,800 – $6,403,000 $5,842,532 +3 —
95 Wag N Wash
Pet services
$513,320 – $1,317,900 ✓ +4 0%
96 Angry Chickz
Quick-service restaurant
$611,000 – $1,512,000 $2,737,212 +1 0%
97 Body Alive
Fitness
$500,200 – $715,800 $1,403,400 +1 —
98 Extended Stay America Suites
Travel & hospitality
$9,198,390 – $14,299,570 ✓ +13 3.7%
99 Montessori Kids Universe $562,218 – $1,139,058 ✓ +3 0%
100 PSP
Pet services
$540,520 – $1,975,005 $2,666,693 +17 1.6%
101 Regus
Business services
$720,500 – $1,562,500 ✓ +6 —
102 Marufuku Ramen
Quick-service restaurant
$1,029,000 – $1,540,000 $2,388,788 0 0%
103 Wild Eggs
Quick-service restaurant
$686,350 – $2,252,550 $2,197,263 +1 —
104 Central Bark $1,049,948 – $2,099,948 ✓ +3 —
105 Tumble Fresh Coin Laundry
Cleaning & restoration
$1,085,250 – $2,721,500 $574,663 0 0%
106 Walk On's Sports Bistreaux $1,554,500 – $7,056,300 ✓ +6 5.9%
107 stayAPT Suites
Travel & hospitality
$7,880,000 – $13,679,500 ✓ +4 —
108 GolfCave
Fitness
$523,660 – $1,308,163 ✓ +5 —
109 Buona
Quick-service restaurant
$3,904,203 – $5,841,375 $2,890,000 +1 —
110 NextHealth
Health & wellness
$1,700,296 – $2,263,296 ✓ +5 —
111 ProSource National
Home services
$945,785 – $961,985 ✓ +1 —
112 All Dogs Unleashed
Pet services
$691,950 – $1,099,450 ✓ +4 0%
113 The Little Gym $506,197 – $673,197 ✓ +12 3.5%
114 DQ Grill & Chill
Quick-service restaurant
$1,510,100 – $2,550,100 ✓ +13 1.2%
115 Scramblers Restaurant
Quick-service restaurant
$547,000 – $1,096,500 ✓ +1 0%
116 Pure Sweat Studios
Health & wellness
$573,200 – $879,000 ✓ +2 —
117 Brixx Wood Fired Pizza
Quick-service restaurant
$987,550 – $1,579,000 $1,746,009 0 0%
118 Farmer Boys Franchising Co.
Quick-service restaurant
$1,056,000 – $2,610,500 $2,256,684 0 2.8%
119 Tim Hortons
Quick-service restaurant
$988,000 – $3,312,500 ✓ +29 6.9%
120 Sandbox VR $500,000 – $1,350,000 $59,040,664 +7 —
121 IHOP, International House of Pancakes, IHOP Express
Full-service restaurant
$784,382 – $4,147,245 ✓ +3 —
122 Love & Honey Fried Chicken
Quick-service restaurant
$541,400 – $879,700 ✓ +2 —
123 PureGlow
Beauty & personal care
$563,925 – $966,650 ✓ +2 —
124 Bahama Buck's $540,000 – $1,190,550 ✓ +1 3.6%
125 Clear Lakes Dental
Health & wellness
$557,300 – $1,872,200 ✓ +1 —
126 Wyndham Garden
Travel & hospitality
$15,614,817 – $20,306,821 ✓ +5 5.6%
127 Regus Office
Business services
$720,500 – $1,562,500 $1,047,435 0 —
128 Barberitos
Quick-service restaurant
$505,500 – $720,000 ✓ +1 4.8%
129 Serotonin
Health & wellness
$905,284 – $1,820,879 ✓ +2 83.3%
130 Anytime Fitness
Fitness
$539,329 – $905,482 $446,814 -19 1.8%
131 Extended Stay America Select Suites
Travel & hospitality
$8,633,160 – $13,453,480 ✓ +18 —
132 Barrel House
Full-service restaurant
$680,000 – $1,662,000 $2,022,935 0 —
133 Do The Beach $1,004,900 – $2,820,700 ✓ +1 —
134 TLSS Franchise System
Beauty & personal care
$940,493 – $1,192,280 ✓ +1 —
135 Dogtopia
Pet services
$664,355 – $1,478,820 ✓ +5 1.8%
136 Speed Queen $1,199,663 – $1,983,000 ✓ +1 7.1%
137 Palm Beach Beauty & Tan
Health & wellness
$755,390 – $1,263,712 $524,160 -73 1%
138 GoDog
Pet services
$1,987,250 – $3,696,125 $2,101,619 0 —
139 Mobius
Child services & education
$1,924,000 – $4,837,500 $1,614,489 0 —
140 Next Health
Health & wellness
$1,690,200 – $2,259,200 $4,031,567 0 —
141 Starbird
Quick-service restaurant
$1,116,907 – $1,470,263 $3,723,175 0 —
142 Sweet Chick
Full-service restaurant
$1,081,400 – $1,813,200 $3,044,134 0 —
143 K-9 Resorts Boutique Pet Hotel
Pet services
$2,357,802 – $3,949,331 ✓ +2 —
144 K-9 Resorts Luxury Pet Hotel
Pet services
$2,357,802 – $3,949,331 ✓ +2 —
145 Wendy's or
Quick-service restaurant
$1,580,457 – $3,105,000 $2,250,384 -6 0.1%
146 Jinya Ramen Bar
Full-service restaurant
$1,395,000 – $3,066,000 $2,873,681 +5 3%
147 redbox+ $671,182 – $1,059,865 ✓ 0 4%
148 Alamo Drafthouse Cinema
Food & beverage
$5,048,133 – $8,194,684 ✓ 0 —
149 Silverlake Ramen Japanese Noodle Bar Restaurant
Quick-service restaurant
$555,850 – $979,950 ✓ +5 4.8%
150 DEFY
Fitness
$2,650,700 – $4,207,600 ✓ 0 0%

Item 19 column: headline average unit revenue where the franchisor discloses one and it machine-read cleanly, ✓ where it discloses but the figure did not read, “none” where the FDD makes no earnings representation. “—” means not disclosed or not machine-read — never an estimate. Showing the strongest 150 of 422; the category pages list every brand.

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By industry, $500K or more

IndustryBrands $500K or more
Quick-service restaurant98
Food & beverage48
Full-service restaurant42
Travel & hospitality41
Health & wellness27
Fitness25

Franchises $500K or more — frequently asked

What franchises can I open for $500K or more?

422 franchises in our FDD corpus have a total initial investment of $500K or more (FDD Item 7, low end of the franchisor's estimate). Ranked by the strength of their disclosure record, 7 Brew leads the list. The high end of each range can be well above the low end, so check the full range for each brand.

Which franchises $500K or more disclose earnings?

272 of the 422 make an Item 19 financial performance representation — franchisor-disclosed unit earnings, not estimates. They are ranked first in the table on this page.

Does the investment figure include the franchise fee?

Yes. The Item 7 total initial investment includes the initial franchise fee plus build-out, equipment, opening inventory and working capital for the first months, as the franchisor estimates them.

Other budgets

Franchises under $50K · Franchises under $100K · Franchises under $150K · Franchises under $250K · Franchises under $500K

This report compiles and structures publicly filed Franchise Disclosure Document (FDD) data from state franchise registrations. It is not legal, financial, or investment advice, is not affiliated with or endorsed by any franchisor, and does not replace reading the full FDD or consulting a franchise attorney or accountant. All figures are as disclosed by the franchisor in its most recent registered FDD. Item 19 financial performance representations are made at the franchisor’s option and may be absent or limited.