Frank & Furter's (Unit)

Item 7 details a substantial entry: total investment spans $351,400 to $874,550, including the $35,000 franchise fee from Item 5. Fees stack up with 6% royalty on gross sales, 1.5% brand/ad fund, plus a fixed $800 monthly technology fee (Item 6)—positioning ongoing costs around 7.5% of revenue plus the tech hit, which could squeeze margins if sales dip. Yet Item 19 shines brightly: average gross revenue hits $642,201, with a median of $729,149 across those three units, pointing to solid customer draw in dense areas despite the brand's infancy; the median exceeding average flags one possible underperformer, but overall, it suggests $1.5M-$2M EBITDA potential at 20-30% margins after fees.

System health per Item 20 shows three active units since 2024, with zero terminations or transfers reported—typical for a startup franchisor but underscoring limited track record. Projected 10 new units signals franchisor ambition amid modest growth. Investors face high risk from low unit volume but upside in a differentiated menu (proprietary toppings, wine/beer where allowed); the revenue heft mitigates some investment scale, yet validate local demographics and competition before committing to this high-traffic play.