Drybar

Source filing: WI · filed 2026-04-02

Item 5 — Initial franchise fee

$50,000 [p.13 · WI · 2026-04-02]

Item 6 — Recurring fees (royalty & advertising)

Royalty7% of Gross Receipts [p.15 · WI · 2026-04-02]
Brand Marketing Fund2% of Gross Receipts (subject to our right to increase) [p.15 · WI · 2026-04-02]
Local Advertising Fee$2,000 per month (subject to our right to increase) [p.15 · WI · 2026-04-02]
Royalty Underpayments (audit)Varies. Difference between amount reported and correct amount, plus applicable interest (and if understated amount is more than 2%, plus our costs (including attorneys’ and accountants’ fees )). [p.16 · WI · 2026-04-02]

Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.

Item 7 — Estimated initial investment (total)

Not disclosed Not disclosed

Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.

Item 20 — Outlets

Franchised outlets at start of year176 [p.73 · WI · 2026-04-02]
Franchised outlets at end of year198 [p.73 · WI · 2026-04-02]
Net change in franchised outlets22 [p.73 · WI · 2026-04-02]
Transfers20 [p.74 · WI · 2026-04-02]
TerminationsNot disclosed
Non-renewalsNot disclosed
Ceased operations (other)Not disclosed
Company-owned outlets at end of year0 [p.73 · WI · 2026-04-02]

Item 19 — Financial performance representation

Headline cohort

All franchised Shops open as of January 1, 2025 and operated throughout 2025 · 2025 calendar year

Outlets in sampleAverageMedianHighLow
167 [p.71 · WI · 2026-04-02] $852,718 [p.71 · WI · 2026-04-02] $753,506 [p.71 · WI · 2026-04-02] $2,450,866 [p.71 · WI · 2026-04-02] $215,950 [p.71 · WI · 2026-04-02]

All disclosed cohorts (8)

CohortOutletsAverageMedianHighLow
Top 10 all franchised Shops open as of January 1, 2025
2025 calendar year
10 [p.71 · WI · 2026-04-02] $1,869,261 [p.71 · WI · 2026-04-02] $1,758,416 [p.71 · WI · 2026-04-02] $2,450,866 [p.71 · WI · 2026-04-02] $1,644,569 [p.71 · WI · 2026-04-02]
Top third all franchised Shops open as of January 1, 2025
2025 calendar year
47 [p.71 · WI · 2026-04-02] $1,412,624 [p.71 · WI · 2026-04-02] $1,325,393 [p.71 · WI · 2026-04-02] $2,450,866 [p.71 · WI · 2026-04-02] $1,046,456 [p.71 · WI · 2026-04-02]
Bottom third all franchised Shops open as of January 1, 2025
2025 calendar year
47 [p.71 · WI · 2026-04-02] $508,527 [p.71 · WI · 2026-04-02] $525,904 [p.71 · WI · 2026-04-02] $681,548 [p.71 · WI · 2026-04-02] $215,950 [p.71 · WI · 2026-04-02]
Bottom 10 all franchised Shops open as of January 1, 2025
2025 calendar year
10 [p.71 · WI · 2026-04-02] $325,404 [p.71 · WI · 2026-04-02] $353,860 [p.71 · WI · 2026-04-02] $381,960 [p.71 · WI · 2026-04-02] $215,950 [p.71 · WI · 2026-04-02]
All franchised Shops open as of January 1, 2025 and operated throughout 2025
2025 calendar year
167 [p.71 · WI · 2026-04-02] $852,718 [p.71 · WI · 2026-04-02] $753,506 [p.71 · WI · 2026-04-02] $2,450,866 [p.71 · WI · 2026-04-02] $215,950 [p.71 · WI · 2026-04-02]
All franchised Shops open greater than one year as of January 1, 2025
2025 calendar year
141 [p.71 · WI · 2026-04-02] $916,816 [p.71 · WI · 2026-04-02] $835,871 [p.71 · WI · 2026-04-02] $2,450,866 [p.71 · WI · 2026-04-02] $215,950 [p.71 · WI · 2026-04-02]
All franchised Shops open greater than three years as of January 1, 2025
2025 calendar year
110 [p.71 · WI · 2026-04-02] $983,350 [p.71 · WI · 2026-04-02] $892,876 [p.71 · WI · 2026-04-02] $2,450,866 [p.71 · WI · 2026-04-02] $295,971 [p.71 · WI · 2026-04-02]
All franchised Shops open less than three years as of January 1, 2025
2025 calendar year
57 [p.71 · WI · 2026-04-02] $600,622 [p.71 · WI · 2026-04-02] $544,991 [p.71 · WI · 2026-04-02] $1,683,996 [p.71 · WI · 2026-04-02] $215,950 [p.71 · WI · 2026-04-02]
“Revenue figures in Table 1 are based upon actual data we require our franchisees to submit to us on a monthly basis and are defined in the same manner as Gross Receipts are defined under the Franchise Agreement.” [p.72 · WI · 2026-04-02]

Extraction notes