THE ENTREPRENEUR'S SOURCE
Source filing: WI · filed 2026-04-20
Item 5 — Initial franchise fee
$75,000 [p.12 · WI · 2026-04-20]
Item 6 — Recurring fees (royalty & advertising)
Not disclosed in extracted fee schedule — see FDD Item 6.
Item 7 — Estimated initial investment (total)
$114,350 [p.21 · WI · 2026-04-20] – $133,550 [p.21 · WI · 2026-04-20]
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 | 236 [p.51 · WI · 2026-04-20] |
|---|---|
| Franchised outlets at end of year | 262 [p.51 · WI · 2026-04-20] |
| Net change in franchised outlets | 26 [p.51 · WI · 2026-04-20] |
| Transfers | 1 [p.52 · WI · 2026-04-20] |
| Terminations | Not disclosed |
| Non-renewals | Not disclosed |
| Ceased operations (other) | 1 [p.56 · WI · 2026-04-20] |
| Company-owned outlets at end of year | 0 [p.51 · WI · 2026-04-20] |
Item 19 — Financial performance representation
Headline cohort
All U.S. franchised TES Businesses open for business for 1 year or more during 2025 calendar year, yearly placement fees · 2025
| Outlets in sample | Average | Median | High | Low |
|---|---|---|---|---|
| 205 [p.47 · WI · 2026-04-20] | $112,098 [p.47 · WI · 2026-04-20] | $88,000 [p.47 · WI · 2026-04-20] | $540,494 [p.47 · WI · 2026-04-20] | $0 [p.47 · WI · 2026-04-20] |
All disclosed cohorts (21)
| Cohort | Outlets | Average | Median | High | Low |
|---|---|---|---|---|---|
| All U.S. franchised TES Businesses open for business for 1 year or more during 2025 calendar year, yearly placement fees 2025 |
205 [p.47 · WI · 2026-04-20] | $112,098 [p.47 · WI · 2026-04-20] | $88,000 [p.47 · WI · 2026-04-20] | $540,494 [p.47 · WI · 2026-04-20] | $0 [p.47 · WI · 2026-04-20] |
| All U.S. franchised TES Businesses open for business for 1 year or more during 2024 calendar year, yearly placement fees 2024 |
170 [p.47 · WI · 2026-04-20] | $130,628 [p.47 · WI · 2026-04-20] | $103,000 [p.47 · WI · 2026-04-20] | $644,925 [p.47 · WI · 2026-04-20] | $0 [p.47 · WI · 2026-04-20] |
| All U.S. franchised TES Businesses open for business for 1 year or more during 2023 calendar year, yearly placement fees 2023 |
140 [p.47 · WI · 2026-04-20] | $143,639 [p.47 · WI · 2026-04-20] | $117,975 [p.47 · WI · 2026-04-20] | $485,250 [p.47 · WI · 2026-04-20] | $0 [p.47 · WI · 2026-04-20] |
| TES Businesses open 120 months plus, 2025 2025 |
21 [p.48 · WI · 2026-04-20] | $162,086 [p.48 · WI · 2026-04-20] | $113,000 [p.48 · WI · 2026-04-20] | $426,312 [p.48 · WI · 2026-04-20] | $0 [p.48 · WI · 2026-04-20] |
| TES Businesses open 96-120 months, 2025 2025 |
10 [p.48 · WI · 2026-04-20] | $99,460 [p.48 · WI · 2026-04-20] | $61,500 [p.48 · WI · 2026-04-20] | $424,000 [p.48 · WI · 2026-04-20] | $20,000 [p.48 · WI · 2026-04-20] |
| TES Businesses open 84-96 months, 2025 2025 |
10 [p.48 · WI · 2026-04-20] | $141,672 [p.48 · WI · 2026-04-20] | $123,000 [p.48 · WI · 2026-04-20] | $400,000 [p.48 · WI · 2026-04-20] | $0 [p.48 · WI · 2026-04-20] |
| TES Businesses open 72-84 months, 2025 2025 |
18 [p.48 · WI · 2026-04-20] | $127,967 [p.48 · WI · 2026-04-20] | $96,500 [p.48 · WI · 2026-04-20] | $370,000 [p.48 · WI · 2026-04-20] | $0 [p.48 · WI · 2026-04-20] |
| TES Businesses open 60-72 months, 2025 2025 |
9 [p.48 · WI · 2026-04-20] | $153,440 [p.48 · WI · 2026-04-20] | $122,000 [p.48 · WI · 2026-04-20] | $408,500 [p.48 · WI · 2026-04-20] | $40,000 [p.48 · WI · 2026-04-20] |
| TES Businesses open 48-60 months, 2025 2025 |
19 [p.48 · WI · 2026-04-20] | $110,906 [p.48 · WI · 2026-04-20] | $78,000 [p.48 · WI · 2026-04-20] | $540,494 [p.48 · WI · 2026-04-20] | $0 [p.48 · WI · 2026-04-20] |
| TES Businesses open 36-48 months, 2025 2025 |
26 [p.48 · WI · 2026-04-20] | $84,451 [p.48 · WI · 2026-04-20] | $78,000 [p.48 · WI · 2026-04-20] | $203,980 [p.48 · WI · 2026-04-20] | $19,975 [p.48 · WI · 2026-04-20] |
| TES Businesses open 24-36 months, 2025 2025 |
34 [p.48 · WI · 2026-04-20] | $98,589 [p.48 · WI · 2026-04-20] | $80,000 [p.48 · WI · 2026-04-20] | $377,500 [p.48 · WI · 2026-04-20] | $0 [p.48 · WI · 2026-04-20] |
| TES Businesses open 12-24 months, 2025 2025 |
58 [p.48 · WI · 2026-04-20] | $100,443 [p.48 · WI · 2026-04-20] | $95,000 [p.48 · WI · 2026-04-20] | $445,534 [p.48 · WI · 2026-04-20] | $0 [p.48 · WI · 2026-04-20] |
| All U.S. franchised TES Businesses open for business for 1 year or more during 2025 calendar year, average placement fee per transaction 2025 |
205 [p.49 · WI · 2026-04-20] | $33,065 [p.49 · WI · 2026-04-20] | $30,500 [p.49 · WI · 2026-04-20] | $188,025 [p.49 · WI · 2026-04-20] | $5,000 [p.49 · WI · 2026-04-20] |
| All U.S. franchised TES Businesses open for business for 1 year or more during 2024 calendar year, average placement fee per transaction 2024 |
170 [p.49 · WI · 2026-04-20] | $32,641 [p.49 · WI · 2026-04-20] | $31,531 [p.49 · WI · 2026-04-20] | $164,010 [p.49 · WI · 2026-04-20] | $5,000 [p.49 · WI · 2026-04-20] |
| All U.S. franchised TES Businesses open for business for 1 year or more during 2023 calendar year, average placement fee per transaction 2023 |
140 [p.49 · WI · 2026-04-20] | $30,416 [p.49 · WI · 2026-04-20] | $30,000 [p.49 · WI · 2026-04-20] | $154,000 [p.49 · WI · 2026-04-20] | $8,000 [p.49 · WI · 2026-04-20] |
| Top 5 TES Businesses open for business for 1 year or more, 2025 2025 |
5 [p.49 · WI · 2026-04-20] | Not disclosed | $426,312 [p.49 · WI · 2026-04-20] | $540,494 [p.49 · WI · 2026-04-20] | $421,030 [p.49 · WI · 2026-04-20] |
| Top 5 TES Businesses open for business for 1 year or more, 2024 2024 |
5 [p.50 · WI · 2026-04-20] | Not disclosed | $461,158 [p.50 · WI · 2026-04-20] | $644,925 [p.50 · WI · 2026-04-20] | $387,964 [p.50 · WI · 2026-04-20] |
| Top 5 TES Businesses open for business for 1 year or more, 2023 2023 |
5 [p.50 · WI · 2026-04-20] | Not disclosed | $399,800 [p.50 · WI · 2026-04-20] | $485,250 [p.50 · WI · 2026-04-20] | $379,379 [p.50 · WI · 2026-04-20] |
| Bottom 5 TES Businesses open for business for 1 year or more, 2025 2025 |
5 [p.50 · WI · 2026-04-20] | Not disclosed | $0 [p.50 · WI · 2026-04-20] | $0 [p.50 · WI · 2026-04-20] | $0 [p.50 · WI · 2026-04-20] |
| Bottom 5 TES Businesses open for business for 1 year or more, 2024 2024 |
5 [p.50 · WI · 2026-04-20] | Not disclosed | $0 [p.50 · WI · 2026-04-20] | $0 [p.50 · WI · 2026-04-20] | $0 [p.50 · WI · 2026-04-20] |
| Bottom 5 TES Businesses open for business for 1 year or more, 2023 2023 |
5 [p.50 · WI · 2026-04-20] | Not disclosed | $0 [p.50 · WI · 2026-04-20] | $0 [p.50 · WI · 2026-04-20] | $0 [p.50 · WI · 2026-04-20] |
“The information below is a historical financial performance representation for all U.S. franchised TES Businesses open for business for 1 year or more during the 2025, 2024, and 2023, calendar years and operated for the entire year.” [p.46 · WI · 2026-04-20]