Hounds Town USA
Source filing: WI · filed 2026-04-30
Item 5 — Initial franchise fee
$49,000 [p.11 · WI · 2026-04-30]
Item 6 — Recurring fees (royalty & advertising)
| Royalty(2) | See FDD [p.14 · WI · 2026-04-30] |
|---|---|
| Brand Fund Contribution | See FDD [p.14 · WI · 2026-04-30] |
| Local Advertising Requirement | See FDD [p.14 · WI · 2026-04-30] |
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 year | 76 [p.81 · WI · 2026-04-30] |
|---|---|
| Franchised outlets at end of year | 96 [p.81 · WI · 2026-04-30] |
| Net change in franchised outlets | 20 [p.81 · WI · 2026-04-30] |
| Transfers | 0 [p.82 · WI · 2026-04-30] |
| Terminations | Not disclosed |
| Non-renewals | Not disclosed |
| Ceased operations (other) | 2 [p.84 · WI · 2026-04-30] |
| Company-owned outlets at end of year | 1 [p.81 · WI · 2026-04-30] |
Item 19 — Financial performance representation
Headline cohort
Table 9 Reporting Group (29 Franchised Locations with 3+ years same ownership, complete P&L) - Calendar Year 2025 · 2025 Calendar Year
| Outlets in sample | Average | Median | High | Low |
|---|---|---|---|---|
| 29 [p.77 · WI · 2026-04-30] | $722,816 [p.79 · WI · 2026-04-30] | $659,100 [p.79 · WI · 2026-04-30] | $1,359,016 [p.79 · WI · 2026-04-30] | $323,129 [p.79 · WI · 2026-04-30] |
All disclosed cohorts (8)
| Cohort | Outlets | Average | Median | High | Low |
|---|---|---|---|---|---|
| Affiliate Location (Store #1) open 10+ years - Calendar Year 2025 2025 Calendar Year |
1 [p.58 · WI · 2026-04-30] | Not disclosed | Not disclosed | $1,028,511 [p.60 · WI · 2026-04-30] | $1,028,511 [p.60 · WI · 2026-04-30] |
| Franchised Locations in Reporting Group - Calendar Year 2025 (all 73 locations) 2025 Calendar Year |
73 [p.58 · WI · 2026-04-30] | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Reporting Locations Open 10+ Years (1 Affiliate + 1 Franchised) - Calendar Year 2025 2025 Calendar Year |
2 [p.75 · WI · 2026-04-30] | $1,161,265 [p.75 · WI · 2026-04-30] | $1,161,265 [p.75 · WI · 2026-04-30] | $1,294,019 [p.75 · WI · 2026-04-30] | $1,028,511 [p.75 · WI · 2026-04-30] |
| Reporting Locations Open 5+ Years (11 Franchised) - Calendar Year 2025 2025 Calendar Year |
11 [p.75 · WI · 2026-04-30] | $842,716 [p.75 · WI · 2026-04-30] | $840,892 [p.75 · WI · 2026-04-30] | $1,359,016 [p.75 · WI · 2026-04-30] | $508,658 [p.75 · WI · 2026-04-30] |
| Reporting Locations Open 3-5 Years (22 Franchised) - Calendar Year 2025 2025 Calendar Year |
22 [p.75 · WI · 2026-04-30] | $609,310 [p.75 · WI · 2026-04-30] | $605,114 [p.75 · WI · 2026-04-30] | $1,231,060 [p.75 · WI · 2026-04-30] | $288,962 [p.75 · WI · 2026-04-30] |
| Reporting Locations Open 2-3 Years (17 Franchised) - Calendar Year 2025 2025 Calendar Year |
17 [p.75 · WI · 2026-04-30] | $420,811 [p.75 · WI · 2026-04-30] | $380,902 [p.75 · WI · 2026-04-30] | $926,392 [p.75 · WI · 2026-04-30] | $92,602 [p.75 · WI · 2026-04-30] |
| Reporting Locations Open 1-2 Years (22 Franchised) - Calendar Year 2025 2025 Calendar Year |
22 [p.75 · WI · 2026-04-30] | $313,632 [p.75 · WI · 2026-04-30] | $283,779 [p.75 · WI · 2026-04-30] | $615,906 [p.75 · WI · 2026-04-30] | $107,672 [p.75 · WI · 2026-04-30] |
| Table 9 Reporting Group (29 Franchised Locations with 3+ years same ownership, complete P&L) - Calendar Year 2025 2025 Calendar Year |
29 [p.77 · WI · 2026-04-30] | $722,816 [p.79 · WI · 2026-04-30] | $659,100 [p.79 · WI · 2026-04-30] | $1,359,016 [p.79 · WI · 2026-04-30] | $323,129 [p.79 · WI · 2026-04-30] |
“The financial performance representations in Tables 1 through 7 report revenue-related information only and do not reflect the cost of goods sold, operating expenses, or other costs or expenses that must be deducted from Net Revenue to obtain net income” [p.59 · WI · 2026-04-30]
Extraction notes
- Item 7 totals were extracted with model assistance and verified against the cited page.