FRANCHISE·WATCH·DESK

FILING · MN · 2026 FDD

BRUEGGER'S FDD (Franchise Disclosure Document) — 2026

The FDD is the 23-item legal disclosure every U.S. franchisor must hand you at least 14 days before you sign or pay anything (FTC Franchise Rule, 16 CFR 436). BRUEGGER'S's most recent FDD tracked here is the 2026 FDD, a multistate filing. Registration-state filings are public records, so you can read it free, with no sign-up.

Get the documentpublic record · PDF
Download the FDD copy we used (free) ↗

PUBLIC RECORD · FILED 2026 · SOURCE STATE MN

What the 2026 filing revealedextracted from the filing
ITEM 5Initial franchise fee$35,000
ITEM 6Ongoing royalty5.0% of gross sales
ITEM 7Total initial investment$694K–$1.2M
ITEM 3Disclosed litigation matters1
ITEM 19Earnings disclosure (FPR)None — no earnings claim published
ITEM 20Outlets (fiscal 2025)45 franchised at year end · 3 exits (exit rate 6.3%, fiscal 2025)
ITEM 21Franchisor financial statementsUnmodified (clean) opinion — Grant Thornton LLP
Item 21 · BRUEGGER'S's own audited statements2026 FDD · page-cited

Grant Thornton LLP gave an unmodified (clean) opinion on the statements in the 2026 FDD; revenue was roughly flat from FY2023 to FY2025.

Audit opinion

Unmodified (clean) opinion

Grant Thornton LLP · p. 281

Revenue · FY2025

$1.05B

extracted · not cross-checked

Net income · FY2025

$29.6M

p. 284 · matched to statement

Where FY2025 revenue came from

3% royalties

initial-fee share not extracted

  • Fiscal years covered: FY2023, FY2024, FY2025 (2026 FDD, statements from p. 284)
  • Statements are for: CARIBOU COFFEE COMPANY, INC. AND SUBSIDIARIES
  • Parent / owner: not identified in the statements
Fiscal yearFY2023FY2024FY2025
Total revenue$1.05Bextracted · not cross-checked$1.06Bextracted · not cross-checked$1.05Bextracted · not cross-checked
Royalty revenue$26.1Mp. 284 · matched to statement$29.4Mp. 284 · matched to statement$30.6Mp. 284 · matched to statement
Net income (loss)$59.5Mp. 284 · matched to statement$57.7Mp. 284 · matched to statement$29.6Mp. 284 · matched to statement
Equity (deficit) at year endnot extracted$671.6Mp. 283$701.0Mp. 283
Cash at year endnot extracted$69.2Mp. 283$46.1Mp. 283

How to read this: royalties recur as long as franchisees trade; initial and development fees arrive only when new franchises are sold. A franchisor whose revenue leans on initial fees is funding itself by selling territories, and that revenue stops when sales slow. Under ASC 606 most franchisors recognize initial fees over the agreement term, so the line understates the cash collected in a strong selling year. Ad-fund revenue, where reported, is included in total revenue as the statements present it.

Each figure links to its page in the filed PDF. “Matched to statement” means our extraction and a second, rule-based read of the statement page agree; “extracted · not cross-checked” means the statement page is a scanned image or could not be read as text. Figures we could not place on a consistent scale are withheld, not guessed. Spotted an error? Report a correction.

Every figure above was extracted by software from the 2026 BRUEGGER'S FDD as filed (figures are not individually checked by a person) and links back to that document. Fields that could not be extracted are omitted; no figure here is estimated. Extraction errors are possible: the filing controls, and FDDs are reissued annually; verify against the current issuance before relying on any number. Spotted an error? Franchisors and owners can report it via the contact on our Terms page.

BRUEGGER'S FDD questions, answered

Where can I download the BRUEGGER'S FDD for free?

BRUEGGER'S's 2026 Franchise Disclosure Document is a public record. It can be downloaded free from the source link on this page — no broker form, no email signup required.

What year is BRUEGGER'S's most recent FDD on file?

The most recent BRUEGGER'S FDD tracked here is the 2026 FDD. Franchisors must update their FDD annually; confirm you are reading the current issuance before signing.

Does BRUEGGER'S's FDD disclose earnings (Item 19)?

No — BRUEGGER'S's 2026 FDD makes no financial performance representation in Item 19. That is legal and common, but it means the franchisor publishes no earnings claim.

What does BRUEGGER'S's FDD Item 20 show?

In fiscal 2025, BRUEGGER'S ended with 45 franchised outlets; 3 of 48 open at the start of the year left the system (exit rate 6.3%, fiscal 2025) through terminations, non-renewals, and "ceased operations — other reasons".

The BRUEGGER'S validation checklist

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