Beard Papa's
Source filing: WI · filed 2026-03-10
Item 5 — Initial franchise fee
$45,000 [p.11 · WI · 2026-03-10]
Item 6 — Recurring fees (royalty & advertising)
Not disclosed in extracted fee schedule — see FDD Item 6.
Item 7 — Estimated initial investment (total)
$200,900 [p.19 · WI · 2026-03-10] – $477,000 [p.19 · WI · 2026-03-10]
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 | 42 [p.54 · WI · 2026-03-10] |
|---|---|
| Franchised outlets at end of year | 34 [p.54 · WI · 2026-03-10] |
| Net change in franchised outlets | -8 [p.54 · WI · 2026-03-10] |
| Transfers | 2 [p.54 · WI · 2026-03-10] |
| Terminations | 8 [p.56 · WI · 2026-03-10] |
| Non-renewals | 0 [p.56 · WI · 2026-03-10] |
| Ceased operations (other) | 1 [p.56 · WI · 2026-03-10] |
| Company-owned outlets at end of year | Not disclosed |
Item 19 — Financial performance representation
This filing does not include an Item 19 financial performance representation.
Extraction notes
- Item 20 outlet counts were extracted with model assistance and verified against the cited pages.
- Item 7 totals were extracted with model assistance and verified against the cited page.