Franchises · 2026 FDD · Wisconsin DFI filing 640662
Auntie Anne's franchise cost, unit revenue and closures
Opening a Auntie Anne's cost $118,225 to $279,100 in the 2026 FDD; the franchisor's revenue disclosure has no single unit figure; 10.9% of franchised units closed over three years.
Franchisor: Auntie Anne's Franchisor SPV LLC. FDD issued 2026-03-27, amended 2026-09-28. Fiscal year end 2025-12-28. Figures re-found on the cited page 2026-11-03.
What a unit costs to open
first table (Full Shop); further tables cover other formats.
What a unit pays the franchisor
| Initial franchise fee | $35,500 | Item 5, p. 19 |
|---|---|---|
| Royalty | currently 7% of Net Sales, may rise to 8% (6% at Other Locations) | Item 6, p. 22 |
| Advertising fund | not read in this pass | Item 6, p. 22 |
Full Shop; $10,500 Concession Shop; $71,000 co-branded with Cinnabon or Jamba.
What a unit sells
Item 19 is optional and is the franchisor's own representation. It is shown here as filed, with the franchisor's measure, sample and period, and nothing is estimated where it is missing.
Item 19 present, no single unit figure. Net Sales by quartile for fiscal 2025 in separate tables by location type: Enclosed Mall franchises (Table 1) and Outlet Center franchises (Table 2); no all-shop row (Item 19, p. 83, 84).
Sample: Table 1 enclosed-mall franchises: 489 shops, average $792,496, median $732,705, range $103,731 to $2,939,851, 214 (44%) at or above average. Table 2 outlet-center franchises: 93 of 122 shops, average $958,966, median $930,135. Period: fiscal 2025.
Revenue to investment
Undefined: Item 19 is split by location type with no combined figure.
How many units open and close
| Franchised units | 2023 | 2024 | 2025 |
|---|---|---|---|
| Start of year | 1,135 | 1,156 | 1,182 |
| Opened | 58 | 75 | 92 |
| Terminated | 30 | 41 | 35 |
| Not renewed | 7 | 8 | 3 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased, other reasons | 0 | 0 | 0 |
| End of year | 1,156 | 1,182 | 1,236 |
| Company-owned, end of year | 11 | 11 | 11 |
Item 20, Table 1 p. 87; Table 3 totals p. 93.
Closures are the franchisor's Item 20 counts of units terminated, not renewed, or ceased for other reasons, summed over 2023–2025 and divided by franchised units at the start of 2023. Units the franchisor reacquired are not closures. This is an Item 20 count, not a failure rate.
Source and method
Every figure above comes from the Auntie Anne's Franchise Disclosure Document issued 2026-03-27 and amended 2026-09-28, as filed with the Wisconsin Department of Financial Institutions (filing 640662, registry record). The PDF is the franchisor's and is not hosted here; the item and page beside each figure is where to check it. Item 7 and Item 20 tables were read cell by cell; Item 19 was read by hand; each Item 20 year was checked to sum (start + opened − exits = end) before it was recorded.
Informational only, not professional, legal or investment advice. Unitnomics computes from the filing and does not advise on, rank, or refer to any franchise. Last reviewed: November 2026.