OFFICIAL FILING · MN · 2026
SANDLER 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). SANDLER's most recent FDD tracked here was filed in 2026 as a multistate filing — and because registration-state filings are public records, you can read it free, without giving a broker your phone number.
THE SAME DOCUMENT SITES SELL OR GATE BEHIND LEAD FORMS. FILED 2026 · SOURCE STATE MN
| ITEM 5 | Initial franchise fee | $65K |
| ITEM 6 | Ongoing royalty | 8.0% of gross sales |
| ITEM 7 | Total initial investment | $84K–$108K |
| ITEM 3 | Disclosed litigation matters | 1 |
| ITEM 19 | Earnings disclosure (FPR) | Yes — median unit volume $413K (Subset = 107 U.S. franchised businesses that self-reported revenue and operated the full calendar year ended December 31, 2025, out of 147 franchised businesses open at year-end (7 excluded for not reporting revenue; 33 excluded for not operating the full year; 7 owners owned more than one business). Internal unaudited historical Gross Revenues. Overall average $755,432 (n=107); overall median $413,297 (n=107); top-quartile (75-100%) average $2,019,624 (n=27). Gross Revenues figures do not reflect cost of sales or operating expenses.) |
| ITEM 20 | Outlets (fiscal 2025) | 147 franchised at year end · 10 exits (7.2% annualized) |
| ITEM 21 | Franchisor financial statements | clean (unqualified) audit opinion — RSM US LLP |
Citation discipline: every figure above is extracted from the 2026 SANDLER FDD as filed and links back to that document. Fields the filing did not state are omitted — nothing here is estimated, surveyed, or filled in from marketing material. FDDs are reissued annually; verify against the current issuance before relying on any number.
SANDLER FDD questions, answered
Where can I download the SANDLER FDD for free?
SANDLER'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 SANDLER's most recent FDD on file?
The most recent SANDLER FDD tracked here was filed in 2026. Franchisors must update their FDD annually, so confirm you are reading the current issuance before signing.
Does SANDLER's FDD disclose earnings (Item 19)?
Yes — SANDLER makes a financial performance representation in Item 19 of its 2026 FDD, reporting a median unit volume of $413K. Read the basis fine print: franchisors choose which units and metrics to include.
What does SANDLER's FDD Item 20 show?
In fiscal 2025, SANDLER ended with 147 franchised outlets; 10 of 138 open at the start of the year left the system — an annualized exit rate of 7.2% (terminations, non-renewals, and "ceased operations — other reasons").
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing SANDLER's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →