
A Jollibee franchise costs $1,614,568 to $4,589,057 in the U.S. under JBM LLC’s 2026 disclosure document, and P35M to P55M in the Philippines under Jollibee Foods Corporation, which says it does not provide financing.
Key takeaways
- The JBM LLC Franchise Disclosure Document, issued April 17, 2026, as amended May 26, 2026 puts a free-standing U.S. restaurant at $2,107,902 to $4,589,057 and an in-line restaurant at $1,614,568 to $2,964,092 (Item 7), of which $41,500 is paid to the franchisor.
- Jollibee’s Philippine franchising page lists P35M to P55M for store construction, kitchen equipment, furniture, air-con, signage and pre-operating expenses, awards franchises to individuals only and offers no financing.
- Three companies sell Jollibee franchises: Jollibee Foods Corporation had 899 franchised restaurants in the Philippines, Jollibee Worldwide Pte. Ltd had 139 elsewhere, and JBM LLC had 3 in the U.S. at December 31, 2025 (Items 1 and 20).
- A U.S. franchisee pays a 5% Royalty, a 4% Marketing Fund contribution and a 0.25% technology fee on Gross Sales (Item 6), all in U.S. dollars.
- Honeybee Foods Corporation, a JBM LLC affiliate, ran 78 of the 81 U.S. Jollibee restaurants at the end of 2025; 12 signed franchise agreements had not opened yet (Item 20, Tables 1 and 5).
Which Jollibee company signs your franchise agreement?
The company that signs depends on where the restaurant will stand. Item 1 of the 2026 U.S. disclosure document names three franchisors under common control: Jollibee Foods Corporation (JFC) for the Philippines, Jollibee Worldwide Pte. Ltd for other countries, and JBM LLC, a Delaware company based in Denver, as the sole franchisor in the U.S.
JBM LLC was formed on June 21, 2022 and began offering franchises in April 2024, per Item 1. Its direct parent is Jolly USA Services LLC, owned by Jollibee Foods Corporation (USA), which is owned by JFC in Pasig City. JFC owns the Jollibee marks and licenses them to JBM LLC. A fourth affiliate, Honeybee Foods Corporation in West Covina, California, sold U.S. franchises from 2018 to 2022, transferred those agreements to JBM LLC, and now runs the affiliate-owned U.S. restaurants and invoices franchisees for some supplier purchases.
| Where the restaurant is | Franchisor | Franchising since | Franchised Jollibee restaurants, Dec 31, 2025 | Source |
|---|---|---|---|---|
| Philippines | Jollibee Foods Corporation (JFC) | 1979 | 899 | FDD Item 1, p.1 |
| Outside the Philippines and the U.S. | Jollibee Worldwide Pte. Ltd | 1985 | 139 | FDD Item 1, p.1 |
| United States, including Guam | JBM LLC (Honeybee Foods Corporation from 2018 to 2022) | April 2024 | 3 franchised, plus 78 affiliate-owned | FDD Items 1 and 20 |

The split matters for disclosure. The federal rule at 16 CFR 436.2 covers franchises “to be located in the United States of America or its territories”, which is why the two Guam restaurants appear in JBM LLC’s Item 20 tables. A store in Cebu or Davao sits outside that rule, and the Philippine franchising page, as accessed November 3, 2026, does not refer to any disclosure document. For how a U.S. disclosure document is organized item by item, see our guide to the franchise disclosure document.
What does the 2026 US disclosure document say you will spend?
Item 7 of the JBM LLC disclosure document estimates $2,107,902 to $4,589,057 for a free-standing restaurant and $1,614,568 to $2,964,092 for an in-line restaurant. Leasehold improvements are the largest line in every column, from $813,600 in-line to $2,034,000 free-standing, and $41,500 of each total goes to the franchisor as the initial fee and lease review fee.
| Item 7 line | Free-standing | In-line | Paid to |
|---|---|---|---|
| Initial Franchise Fee | $40,000 | $40,000 | JBM LLC |
| Lease Review Fee | $1,500 | $1,500 | JBM LLC |
| Real Estate (3 months) | $6,210 to $25,580 | $6,330 to $59,830 | Lessors, vendors |
| Soft Costs | $122,040 to $406,800 | $81,360 to $162,720 | Service providers, architects, agencies |
| Site Work | $20,340 to $610,200 | $0 | General contractors |
| Leasehold Improvements | $1,220,400 to $2,034,000 | $813,600 to $1,220,400 | General contractors |
| FF&E and Signage | $368,360 to $411,650 | $287,000 to $340,460 | Vendors |
| Technology Systems | $18,100 to $46,000 | $18,100 to $46,000 | Vendors |
| Initial Training | $20,340 to $35,600 | $20,340 to $35,600 | Employees, vendors |
| Opening Supplies | $12,710 to $25,420 | $12,710 to $25,420 | Suppliers |
| Insurance (3 months) | $10,170 to $20,340 | $10,170 to $20,340 | Insurer or broker |
| Utility Deposits | $3,050 to $5,080 | $2,540 to $5,080 | Utilities, lessors |
| Business Licenses | $310 to $610 | $310 to $610 | Government agencies |
| Grand Opening Advertising | $15,250 | $15,250 | Service providers |
| Additional Funds (3 months) | $249,122 to $911,027 | $305,358 to $990,882 | Employees, suppliers |
| Total | $2,107,902 to $4,589,057 | $1,614,568 to $2,964,092 |
We re-added all four columns and each matches the printed total. Item 7 Note 3 sizes a free-standing site at about 2,500 to 3,800 square feet, often with a drive-thru, and an in-line site at about 1,500 to 2,500 square feet in a strip mall or retail plaza. In-line sites carry $0 for site work because that work is usually done already (Note 5).
Payroll sits inside Additional Funds: $142,500 to $560,000 free-standing and $168,000 to $610,000 in-line for the first 3 months (Note 15). Note 16 adds that the estimate pays no salary to you or your Managing Owner and includes no financing costs. The ten smaller lines outside the five largest add $127,640 to $215,380 free-standing and $127,250 to $249,630 in-line.
Leasehold improvements make up $813,600 to $2,034,000 of every Jollibee U.S. estimate; totals run $1,614,568 to $4,589,057. Source: 2026 JBM LLC FDD, Item 7, accessed November 3, 2026.
What sits inside the Philippine P35M to P55M figure?
Jollibee’s Philippine franchising page puts the investment at P35M to P55M, “depending on the final store size and facilities”, and lists what the figure covers: store construction, kitchen equipment and facilities, furniture and fixtures, the air-con system, signage and pre-operating expenses. The page prints no franchise fee, royalty rate, lot size or floor area, and leaves return questions to the interview.
That list is narrower than U.S. Item 7, so a straight currency conversion overstates the gap. The table maps each item on the Philippine list to the closest U.S. Item 7 line; the mapping is ours, and the U.S. column uses the free-standing estimates.
| Cost area | Philippine page (P35M to P55M) | Closest U.S. Item 7 line (our mapping) | U.S. free-standing range |
|---|---|---|---|
| Store construction and air-con | Included | Leasehold Improvements (HVAC named in Note 6) plus Site Work | $1,240,740 to $2,644,200 |
| Kitchen equipment, furniture, fixtures, signage | Included | FF&E and Signage | $368,360 to $411,650 |
| Pre-operating expenses | Included | Initial Training, Opening Supplies, Grand Opening, Additional Funds | $297,422 to $987,297 |
| Initial franchise fee | Not stated on the page | Initial Franchise Fee | $40,000 |
| Rent or land | Not stated on the page | Real Estate (3 months triple-net) | $6,210 to $25,580 |
| Royalty after opening | Not stated on the page | Item 6 Royalty | 5% of Gross Sales |
| Financing | “Jollibee does not provide any financing” | Item 10: none offered | None |
For readers who budget in dollars, the Bangko Sentral ng Pilipinas daily peso rate table gives an October 2026 average of 63.100 pesos per U.S. dollar (table updated November 3, 2026). The arithmetic below is ours and shows how the peso range moves with the rate.
| Input | Low end | High end |
|---|---|---|
| Philippine page range | P35,000,000 | P55,000,000 |
| Divided by BSP October 2026 average (63.100) | $554,675 | $871,632 |
| Divided by BSP September 2026 average (62.613) | $558,989 | $878,412 |
| U.S. Item 7 total, in-line (2026 FDD) | $1,614,568 | $2,964,092 |
The two ranges are not prices for the same thing. The Philippine figure omits rent, a franchise fee and working capital that U.S. Item 7 counts, and Item 6 Note 1 requires every U.S. payment to JBM LLC in U.S. dollars, so a Philippine applicant cannot buy a U.S. restaurant at the peso figure.
Which payments does JBM LLC take after opening?
Item 6 sets three percentage charges on a U.S. restaurant’s Gross Sales: a 5% Royalty paid weekly, a 4% Marketing Fund contribution and a 0.25% technology fee. Item 11 caps the Marketing Fund plus any required local advertising at 5% of Gross Sales, and Item 6 lets the technology fee rise by up to 0.05% of Gross Sales a year, compounding.
| Charge | Jollibee (JBM LLC, 2026) | Dave’s Hot Chicken (May 4, 2026) | Median, 239 FDDs | Source |
|---|---|---|---|---|
| Initial franchise fee | $40,000 | $40,000 (Traditional) | $49,500 | Item 5 of each FDD; our royalty dataset |
| Royalty | 5% of Gross Sales, weekly | 6% of Gross Sales | 6% | Item 6 of each FDD; our royalty dataset |
| Brand or marketing fund | 4% of Gross Sales | Creative Fund 4% | 2% | Item 6 of each FDD; our royalty dataset |
| Technology fee | 0.25% of Gross Sales | Not compared | Not compared | JBM LLC Item 6, p.7 |
The Dave’s Hot Chicken column comes from its Franchise Disclosure Document issued May 4, 2026, the chicken chain we profile in our Dave’s Hot Chicken franchise breakdown. The median column comes from 239 Minnesota-filed FDDs with a percentage royalty, compiled in our franchise royalty rates report.
Other Item 6 charges apply only when something happens. Each one below is quoted from Item 6 of the 2026 document.
| Event | Charge | Item 6 page |
|---|---|---|
| Extra or remedial training | $250 per day plus direct costs, may rise up to 10% a year | p.6 |
| Required conferences | $1,000 to $5,000 plus travel | p.6 |
| Gift card service and transactions | $4.00 to $5.50 per day; 14.8% to 30.64% of redeemed value, to Honeybee | p.6 |
| Renewal | 50% of the then-current initial franchise fee | p.6 |
| Transfer | Greater of $20,000 or 50% of the then-current fee; $10,000 for a development agreement | p.7 |
| JBM LLC runs the restaurant for you | 10% of Gross Sales plus costs | p.7 |
| Late payment | 1.5% a month or the legal maximum, whichever is lower | p.7 |
| Returned payment | $200 or the legal maximum, whichever is lower | p.8 |
| Termination for default | Lost revenue damages: present value of Royalties and Marketing Fund for up to 5 years | p.8 |
Item 8 adds a supplier angle. JBM LLC received no vendor rebates in 2025, but Honeybee received $7,056 from approved vendors based on franchisee purchases, with rebate bases of $0.46 per case for some food items, 4% on proprietary products and 1% on non-proprietary products. Our franchise supplier rebates report shows how other franchisors disclose the same line.
How does the multi-unit fee credit work for 3 to 5 restaurants?
Under the Multi-Unit Development Agreement, JBM LLC charges $20,000 per planned restaurant at signing and credits $20,000 against each restaurant’s $40,000 initial franchise fee. Item 7 estimates $62,500 to $106,000 for the development rights alone for 3 to 5 restaurants, which excludes every restaurant’s own build-out cost.
| Step | 3 restaurants | 5 restaurants | Item |
|---|---|---|---|
| Development fee at signing ($20,000 x units) | $60,000 | $100,000 | Item 5 |
| Balance of each $40,000 fee after the $20,000 credit | 3 x $20,000 = $60,000 | 5 x $20,000 = $100,000 | Item 5 |
| Franchise fees paid in total | $120,000 | $200,000 | Our arithmetic |
| Professional fees and 3-month funds (Item 7 range) | $2,500 to $6,000 across both cases | Item 7 | |
| Late fee per restaurant behind schedule | $800 per month | $800 per month | Item 6 |
JBM LLC also runs an accelerated development incentive: for each restaurant opened beyond the year’s minimum, the initial franchise fee drops 50% and the Royalty and Marketing Fund contributions drop 50% for the first year of operation (Item 5; Item 6 Note 5). Item 5 does not show how that 50% cut combines with the $20,000 credit, so ask JBM LLC to state the cash due per restaurant in the development schedule before you sign.
Item 6 Note 6 warns that each restaurant signed under a development agreement uses the then-current Franchise Agreement, which may carry different fees from the 2026 terms. Our area development agreements study compares how other franchisors price and schedule multi-unit rights.
How many US Jollibee restaurants are franchised today?
Three. Item 20 counts 81 U.S. Jollibee restaurants at December 31, 2025: 78 affiliate-owned outlets run by Honeybee Foods Corporation and 3 franchised outlets, two in Guam and one in New York. The same item lists 12 franchise agreements signed but not opened and projects 8 franchised openings in 2026.
| Year | Franchised, start to end | Affiliate-owned, start to end | Total at year end | Source |
|---|---|---|---|---|
| 2023 | 1 to 1 | 61 to 70 | 71 | Item 20, Table 1 |
| 2024 | 1 to 2 | 70 to 75 | 77 | Item 20, Table 1 |
| 2025 | 2 to 3 | 75 to 78 | 81 | Item 20, Table 1 |
No outlet closed, transferred or was terminated in either table from 2023 to 2025. California holds 32 of the 78 affiliate-owned restaurants, followed by Texas with 7, New Jersey with 6, and Hawaii and New York with 5 each (Table 4). Of the 12 signed but unopened agreements, 6 are in New York and 1 each in California, Nevada, Pennsylvania, Texas, Utah and Washington (Table 5).
For a buyer, that ratio means few U.S. franchisees can describe the system from the owner’s side, and Item 20 adds that current and former franchisees have signed confidentiality clauses in the last three years. Item 1 also states that JBM LLC itself has never directly owned or operated a Jollibee restaurant.
At December 31, 2025, the U.S. had 3 franchised Jollibee restaurants against 899 in the Philippines and 139 elsewhere. Source: 2026 JBM LLC FDD, Items 1 and 20, accessed November 3, 2026.
How long from signing to opening day in the US?
The Franchise Agreement gives a single-unit franchisee 180 days to sign an approved lease and requires opening by the earlier of 12 months after the lease or 18 months after signing. Training of 7 classroom hours and 270 on-the-job hours must be finished at least 60 days before opening, per Item 11 of the 2026 document.
- Receive the disclosure document at least 14 calendar days before you sign or pay anything, as 16 CFR 436.2(a) and the FDD cover require.
- Submit the Franchise Application (Exhibit B-1), sign the Franchise Agreement and pay the $40,000 initial franchise fee in a lump sum (Item 5).
- Submit a site and lease for approval, paying the $1,500 lease review fee each time, and sign an approved lease within 180 days of the agreement (Items 5 and 11).
- Send your Mandatory Trainees through the program: 7 hours of orientation, then 126 hours in the production area, 23 in the service area, 91 in shift management and 35 in general management (Item 11, p.25).
- Spend at least $15,250 on a grand opening marketing program (Item 7 Note 14).
- Open by the earlier of 12 months after the lease or 18 months after signing; miss it and JBM LLC may terminate and keep the fee (Item 11, p.20).
The Philippine page names a Basic Operations Training Program (BOTP) at a designated training store but prints no hours, and it says Jollibee helps recruit and train the management team while the franchisee pays their salaries and benefits during training. Our time to open a franchise report puts the 18-month U.S. deadline next to other restaurant brands, and our FTC Franchise Rule explainer covers the 14-day and 7-day waiting periods.
What do Items 3, 19 and 21 add before you sign?
Three things a cost table misses. Item 3 discloses a May 2026 California consent order with a $45,000 fine; Item 19 holds 2025 data for 77 restaurants open the full year, 75 of them affiliate-owned; and Item 21 attaches audited statements for December 31, 2025 and 2024 plus an unaudited balance sheet for March 31, 2026.
- Item 3, litigation: JBM LLC self-reported in May 2025 that it sold a franchise in California without filing the needed exemption notice; the Department of Financial Protection and Innovation found violations of Sections 31110, 31123 and 31125 of the California Franchise Investment Law, and the May 2026 consent order added a $45,000 fine and three hours of remedial training.
- Item 19, financial performance: it reports annual Gross Sales, Food and Paper Costs and Labor Costs for 2025, split between 37 free-standing and 40 in-line Reporting Locations. Our site does not republish Item 19 figures; read them in the FDD itself, and see our Item 19 study for how such tables are built.
- State cover page risks: disputes resolved in Colorado, a spouse guarantee that can reach marital assets, a short operating history and supplier control.
- Item 12, territory: no exclusive territory; a Protected Territory holds only while you comply with every agreement.
- Item 17, term: 20 years with one 20-year renewal, requested 180 to 270 days before expiry, at a renewal fee of 50% of the then-current initial fee.
Where do online Jollibee cost claims part ways with the filings?
Most gaps come from age. Several pages ranking for this query in November 2026 repeat U.S. figures from before JBM LLC began franchising in April 2024, or quote a net worth number that the 2026 disclosure document does not print. The table sets each claim beside the primary document we opened on November 3, 2026.
| Claim seen online | What the primary source says | Source |
|---|---|---|
| U.S. total investment “$450,000 to $800,000” (a franchise blog updated February 2024 and a Philippine explainer with 2022 references) | The lowest 2026 Item 7 total is $1,614,568, for an in-line restaurant | FDD Item 7 |
| “Net worth of $5,000,000” (same two pages) | The FDD prints no fixed net worth; Franchise Agreement Section D lets JBM LLC set working capital, debt to equity or liquidity requirements later | FDD Exhibit B-2, Section D |
| U.S. franchise fee “Unknown” | $40,000, paid in a lump sum at signing | FDD Item 5 |
| Free-standing total $2,131,495 to $4,888,004 (a September 2025 trade article citing the 2025 FDD) | The 2026 document prints $2,107,902 to $4,589,057; we did not open the 2025 filing | FDD Item 7 |
| Philippine royalty “3% to 10% of the monthly gross sales” | The Philippine franchising page prints no royalty rate | jollibee.com.ph/franchising |
| Applicant must be a “Filipino citizen (or Filipino majority-owned corporation)” (a 2019 blog post retitled for 2025) | The page awards franchises “to individuals only”; the individual may later form a corporation with “clear majority ownership”. No citizenship rule is printed | jollibee.com.ph/franchising |
| P35M to P55M “including the franchise fee” (same 2019 post) | The page’s list of what the investment includes does not name a franchise fee | jollibee.com.ph/franchising |
One gap stays open: Jollibee’s U.S. franchise help center returned an access error (HTTP 403) on November 3, 2026, so we could not check whether it states a net worth or liquidity minimum. Ask JBM LLC for any financial qualification in writing, and compare it with Exhibit B-1, the Franchise Application, which asks for a personal net worth statement.
Jollibee in the US, the Philippines or a third country: which route matches your situation?
The site’s country decides the franchisor, and capital decides the format. In the U.S., the 2026 Item 7 low end is $1,614,568 with no franchisor financing; in the Philippines, the company’s page asks for P35M to P55M, a proposed site and an individual applicant. This page is general information, not legal, financial or investment advice.
| If your situation is | Then the route is | Basis |
|---|---|---|
| Site in the Philippines, with site documents ready | Apply to JFC with the pre-application form, site photos, vicinity map, lot plan and any lease offer; budget P35M to P55M without Jollibee financing | jollibee.com.ph/franchising, Step 1 |
| Philippines, no site yet | You can apply, but only applicants with sites are processed; others go into a data bank | jollibee.com.ph/franchising, FAQ |
| Philippines, applying through a company | Apply as an individual; after approval, form a corporation in which you hold clear majority ownership | jollibee.com.ph/franchising, FAQ |
| Site in a country other than the Philippines or the U.S. | Jollibee Worldwide Pte. Ltd: a Territory Development or Area Development Franchise, opened with a letter of intent and company and personal profiles | FDD Item 1; jollibee.com.ph/franchising |
| U.S. or Guam, less than $1,614,568 available including loans | Below the 2026 Item 7 low end; JBM LLC offers no financing (Item 10) | FDD Items 7 and 10 |
| U.S., one in-line site of 1,500 to 2,500 sq ft | Franchise Agreement; $1,614,568 to $2,964,092 | FDD Item 7 |
| U.S., free-standing site of 2,500 to 3,800 sq ft, often with drive-thru | Franchise Agreement; $2,107,902 to $4,589,057 | FDD Item 7 |
| U.S., 3 to 5 restaurants on a schedule | Multi-Unit Development Agreement; $60,000 to $100,000 development fee plus each restaurant’s Item 7 cost | FDD Items 5 and 7 |
If the U.S. numbers sit above your capital, our fast food franchise comparison lists brands with lower Item 7 ranges. For how lenders size a restaurant loan when the franchisor offers none, see our guide to franchise financing.
How we compiled this
We read the 250-page JBM LLC Franchise Disclosure Document filed with the Minnesota Department of Commerce (CARDS document 36721-202605-03), Jollibee’s Philippine franchising page, 16 CFR 436.2 on eCFR and the Bangko Sentral ng Pilipinas daily peso rate table, all on November 3, 2026. Comparator figures come from the Dave’s Hot Chicken FDD issued May 4, 2026 and our 239-FDD royalty dataset. We excluded every Item 19 figure under our site rule and did not use Jollibee’s U.S. help center, which blocked access.
Frequently asked questions
Can you franchise Jollibee in the USA?
Yes. JBM LLC, a Denver-based Jollibee affiliate, is the sole U.S. franchisor and has offered franchises since April 2024. Its disclosure document issued April 17, 2026, as amended May 26, 2026, sets a $40,000 initial franchise fee and a total investment of $1,614,568 to $4,589,057. At the end of 2025 the U.S. system had 3 franchised and 78 affiliate-owned restaurants (Items 1, 5, 7 and 20).
How much is a Jollibee franchise in the Philippines?
Jollibee’s Philippine franchising page lists P35M to P55M, depending on final store size and facilities. That covers construction, kitchen equipment, furniture and fixtures, air-con, signage and pre-operating expenses. Jollibee says it does not provide financing. At the Bangko Sentral ng Pilipinas October 2026 average of 63.100 pesos per dollar, the range equals about $554,675 to $871,632.
What royalty does a US Jollibee franchisee pay?
Item 6 of the 2026 JBM LLC disclosure document sets a Royalty of 5% of Gross Sales, paid weekly, plus a Marketing Fund contribution of 4% of Gross Sales and a technology fee of 0.25% of Gross Sales. The Marketing Fund and any required local advertising together cannot exceed 5% of Gross Sales under Item 11. All payments are due in U.S. dollars.
Does Jollibee require a minimum net worth?
The 2026 U.S. disclosure document prints no fixed net worth figure. Section D of the Franchise Agreement lets JBM LLC set working capital, debt to equity or liquidity requirements later, and the application asks for a net worth statement. The Philippine page asks for the ability to fund the investment. The $5,000,000 figure seen online does not appear in either document we read.
Does Jollibee publish how much a franchise earns?
The 2026 U.S. disclosure document includes an Item 19 with 2025 data for 77 restaurants open the full year, 75 of them affiliate-owned, covering Gross Sales, food and paper costs and labor costs. Our site does not republish Item 19 numbers. Read Item 19 of the current FDD, and ask JBM LLC for the written substantiation it says it will provide on request.
Can a company own a Jollibee franchise?
In the Philippines, Jollibee awards franchises to individuals only; after approval, the individual may form a corporation in which they hold clear majority ownership. In the U.S., JBM LLC lets an entity sign, but its owners must guarantee the obligations, and the state cover page warns that a spouse must also sign a guarantee that can reach marital assets.
Sources
- JBM LLC (Jollibee) Franchise Disclosure Document, issued April 17, 2026, as amended May 26, 2026, Minnesota CARDS document 36721-202605-03, Items 1, 3, 5, 6, 7, 8, 11, 12, 17, 19, 20, 21 and Exhibit B-2. Accessed November 3, 2026.
- Jollibee Foods Corporation, Franchising (Philippines), jollibee.com.ph. Accessed November 3, 2026.
- 16 CFR 436.2, Obligation to furnish documents, eCFR, version of October 1, 2026. Accessed November 3, 2026.
- Bangko Sentral ng Pilipinas, Daily Philippine Peso per US Dollar Rate, updated November 3, 2026. Accessed November 3, 2026.
- Dave’s Hot Chicken Franchise Disclosure Document, Issuance Date May 4, 2026, Minnesota CARDS, Items 5, 6 and 7. Accessed November 3, 2026.
- Minnesota Department of Commerce, CARDS franchise registrations search. Accessed November 3, 2026.
- Franchise Consultants and Brokers, Franchise Royalty Rates and Fees: 259 Disclosure Documents, updated October 5, 2026.