FILING · MN · 2026 FDD
CARIBOU COFFEE 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). CARIBOU COFFEE'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 | $30,000 |
| ITEM 6 | Ongoing royalty | 5.0% of gross sales |
| ITEM 7 | Total initial investment | $281K–$1.5M |
| ITEM 3 | Disclosed litigation matters | 0 |
| ITEM 19 | Earnings disclosure (FPR) | Yes — financial performance representation made |
| ITEM 20 | Outlets (fiscal 2025) | 144 franchised at year end · 10 exits (exit rate 6.6%, fiscal 2025) |
| ITEM 21 | Franchisor financial statements | Unmodified (clean) opinion — Grant Thornton LLP |
Item 19's tables are images in this filing, so we could read who is included but not every figure.
| What is measured | Gross Sales (Kiosk Gross Sales Distribution) (gross sales) |
| Period | FY2025 (52 weeks ended Dec 30, 2025) |
| Whose results | Franchised outlets |
| Units included | 130 of 144 franchised outlets at the end of FY2025 (Item 20) |
| Left out |
|
| Average (mean) | not printed |
| Median | not printed |
| Costs shown | Some cost items only |
| Where | p. 54 (Item 19 runs pp. 53–61) |
| The filing's words | “There were 130 active non-traditional franchised Kiosk locations as of December 30, 2025 that recorded sales for the entirety of fiscal 2025.” |
Grant Thornton LLP gave an unmodified (clean) opinion on the statements in the 2026 FDD; revenue was roughly flat from FY2023 to FY2025.
Revenue · FY2025
$1.05B
extracted · not cross-checked
Net income · FY2025
$29.6M
p. 180 · 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. 180)
- Statements are for: CARIBOU COFFEE COMPANY, INC. AND SUBSIDIARIES
- Parent / owner: not identified in the statements
| Fiscal year | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Total revenue | $1.05Bextracted · not cross-checked | $1.06Bextracted · not cross-checked | $1.05Bextracted · not cross-checked |
| Royalty revenue | $26.1Mp. 180 · matched to statement | $29.4Mp. 180 · matched to statement | $30.6Mp. 180 · matched to statement |
| Net income (loss) | $59.5Mp. 180 · matched to statement | $57.7Mp. 180 · matched to statement | $29.6Mp. 180 · matched to statement |
| Equity (deficit) at year end | not extracted | $671.6Mp. 179 | $701.0Mp. 179 |
| Cash at year end | not extracted | $69.2Mp. 179 | $46.1Mp. 179 |
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 CARIBOU COFFEE 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.
CARIBOU COFFEE FDD questions, answered
Where can I download the CARIBOU COFFEE FDD for free?
CARIBOU COFFEE'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 CARIBOU COFFEE's most recent FDD on file?
The most recent CARIBOU COFFEE 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 CARIBOU COFFEE's FDD disclose earnings (Item 19)?
Yes — CARIBOU COFFEE 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 CARIBOU COFFEE's FDD Item 20 show?
In fiscal 2025, CARIBOU COFFEE ended with 144 franchised outlets; 10 of 152 open at the start of the year left the system (exit rate 6.6%, fiscal 2025) through terminations, non-renewals, and "ceased operations — other reasons".
The CARIBOU COFFEE validation checklist
questions built from this brand's own filings · read them all on the profile
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