FILING · MN · 2026 FDD
CANTEEN 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). CANTEEN's most recent FDD tracked here is the 2026 FDD, filed with the Minnesota Department of Commerce (public CARDS portal). Registration-state filings are public records, so you can read it free, with no sign-up.
PUBLIC RECORD · FILED 2026 · SOURCE STATE MN
| ITEM 5 | Initial franchise fee | $3,250 |
| ITEM 7 | Total initial investment | $9K–$44K |
| ITEM 3 | Disclosed litigation matters | 4 |
| ITEM 19 | Earnings disclosure (FPR) | Yes — financial performance representation made |
| ITEM 20 | Outlets (fiscal 2025) | 100 franchised at year end · 6 exits (exit rate 5.6%, fiscal 2025) |
| ITEM 21 | Franchisor financial statements | Unmodified (clean) opinion — Forvis Mazars, LLP |
The headline figure is rebate returns as % of net revenues for Oct 1, 2024 - Sep 30, 2025, for 93 of 100 units, leaving out became franchisee during period, left the system during period, revenue/rebate data commingled after partial business purchase. It is not an annual per-outlet figure, so we don't treat it as unit revenue. It shows no costs, so it says nothing about what an owner keeps.
Graded on three things the filing states: coverage (2 points if the figure covers at least 75% of the units it is compared with, 1 point for 50–75%), centre (2 points if it prints both a median and a mean, 1 for one of them), and costs (2 points for costs through a profit line or full cost detail, 1 for some cost items). 5–6 points = More complete, 3–4 = Partial, 0–2 = Limited. The grade describes the disclosure, not the business.
| What is measured | rebate returns as % of net revenues (other measure; not an annual per-outlet figure) |
| Period | Oct 1, 2024 - Sep 30, 2025 |
| Whose results | Franchised outlets |
| Units included | 93 of 100 Canteen franchises that existed during the Financial Performance Period |
| Left out |
|
| Average (mean) | not printed |
| Median | not printed |
| Costs shown | None — sales only |
| Where | p. 54 (Item 19 runs pp. 54–55) |
| The filing's words | “compiled from the performance of 93 Canteen franchises out of total number of 100 franchises that existed during the Financial Performance Period” |
Forvis Mazars, LLP gave an unmodified (clean) opinion on the statements in the 2026 FDD.
Revenue
not extracted
2026 FDD
Net income
not extracted
2026 FDD
Revenue mix
Royalty share not extracted
initial-fee share not extracted
- Fiscal years covered: not extracted (2026 FDD)
- Statements are for: not extracted
- Parent / owner: not identified in the statements
No statement figures extracted from the 2026 FDD.
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 CANTEEN 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.
CANTEEN FDD questions, answered
Where can I download the CANTEEN FDD for free?
CANTEEN's 2026 Franchise Disclosure Document is a public record, filed with the Minnesota Department of Commerce (public CARDS portal). It can be downloaded free from the source link on this page — no broker form, no email signup required.
What year is CANTEEN's most recent FDD on file?
The most recent CANTEEN FDD tracked here is the 2026 FDD, filed with the Minnesota Department of Commerce (public CARDS portal). Franchisors must update their FDD annually; confirm you are reading the current issuance before signing.
Does CANTEEN's FDD disclose earnings (Item 19)?
Yes — CANTEEN makes a financial performance representation in Item 19 of its 2026 FDD. Read the basis fine print: franchisors choose which units and metrics to include.
What does CANTEEN's FDD Item 20 show?
In fiscal 2025, CANTEEN ended with 100 franchised outlets; 6 of 108 open at the start of the year left the system (exit rate 5.6%, fiscal 2025) through terminations, non-renewals, and "ceased operations — other reasons".
The CANTEEN validation checklist
questions built from this brand's own filings · read them all on the profile
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