Lapels
Source filing: WI · filed 2026-04-08
Item 5 — Initial franchise fee
$60,000 [p.13 · WI · 2026-04-08]
Item 6 — Recurring fees (royalty & advertising)
| Royalty Fee1,3 | Six percent (6%) of Gross Revenue2. [p.15 · WI · 2026-04-08] |
|---|---|
| Interim Franchise Royalty Fees | Franchisor’s then-current Royalty Fee plus two percent (2%) [p.18 · WI · 2026-04-08] |
Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.
Item 7 — Estimated initial investment (total)
$535,930 [p.20 · WI · 2026-04-08] – $796,742 [p.20 · WI · 2026-04-08]
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 | 81 [p.52 · WI · 2026-04-08] |
|---|---|
| Franchised outlets at end of year | 83 [p.52 · WI · 2026-04-08] |
| Net change in franchised outlets | 2 [p.52 · WI · 2026-04-08] |
| Transfers | 0 [p.52 · WI · 2026-04-08] |
| Terminations | Not disclosed |
| Non-renewals | Not disclosed |
| Ceased operations (other) | Not disclosed |
| Company-owned outlets at end of year | 0 [p.52 · WI · 2026-04-08] |
Item 19 — Financial performance representation
This filing does not include an Item 19 financial performance representation.
Extraction notes
- Item 7 totals were extracted with model assistance and verified against the cited page.