FRANCHISE·WATCH·DESK

FILING · MN · 2026 FDD

HEALTH MART 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). HEALTH MART'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.

Get the documentpublic record · PDF
Download from the Minnesota regulator (free) ↗

PUBLIC RECORD · FILED 2026 · SOURCE STATE MN

What the 2026 filing revealedextracted from the filing
ITEM 5Initial franchise fee$0
ITEM 7Total initial investment$2K–$834K
ITEM 3Disclosed litigation matters10
ITEM 19Earnings disclosure (FPR)None — no earnings claim published
ITEM 20Outlets (fiscal 2026)3,907 franchised at year end · 815 exits (exit rate 18.8%, fiscal 2026)
ITEM 21Franchisor financial statementsUnmodified (clean) opinion — Deloitte & Touche LLP
Item 21 · HEALTH MART's own audited statements2026 FDD · page-cited

Deloitte & Touche LLP gave an unmodified (clean) opinion on the statements in the 2026 FDD; revenue fell 12% from FY2024 to FY2026.

Audit opinion

Unmodified (clean) opinion

Deloitte & Touche LLP

Revenue · FY2026

$34.5M

extracted · not cross-checked

Net income · FY2026

$7.7M

p. 214 · matched to statement

Where FY2026 revenue came from

59% royalties

initial-fee share not extracted

  • Fiscal years covered: FY2024, FY2025, FY2026 (2026 FDD, statements from p. 214)
  • Statements are for: HEALTH MART SYSTEMS, INC.
  • Parent / owner: not identified in the statements
Fiscal yearFY2024FY2025FY2026
Total revenue$39.2Mextracted · not cross-checked$34.6Mextracted · not cross-checked$34.5Mextracted · not cross-checked
Royalty revenue$23.5Mextracted · not cross-checked$21.1Mextracted · not cross-checked$20.3Mextracted · not cross-checked
Net income (loss)$11.3Mp. 214 · matched to statement$9.5Mp. 214 · matched to statement$7.7Mp. 214 · matched to statement

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 HEALTH MART 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.

HEALTH MART FDD questions, answered

Where can I download the HEALTH MART FDD for free?

HEALTH MART'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 HEALTH MART's most recent FDD on file?

The most recent HEALTH MART 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 HEALTH MART's FDD disclose earnings (Item 19)?

No — HEALTH MART'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 HEALTH MART's FDD Item 20 show?

In fiscal 2026, HEALTH MART ended with 3,907 franchised outlets; 815 of 4,346 open at the start of the year left the system (exit rate 18.8%, fiscal 2026) through terminations, non-renewals, and "ceased operations — other reasons".

The HEALTH MART validation checklist

questions built from this brand's own filings · read them all on the profile

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