RANKED · 241 BRANDS QUALIFY · FDD FILINGS 2016–2026
Which franchises don't disclose earnings in Item 19?
Franchises that make no financial performance representation in Item 19 of their latest FDD — meaning the franchisor publishes no earnings claim at all. Legal and common, but it moves the burden of proof onto you.
| # | Brand | Sector | Item 19 | Franchised units | Source |
|---|---|---|---|---|---|
| 1 | Subway | Other | Not disclosed | 18,773 | FDD 2026 ↗ |
| 2 | THE UPS STORE NON-TRADITIONAL | Retail & Products | Not disclosed | 5,487 | FDD 2026 ↗ |
| 3 | JAZZERCISE | Other | Not disclosed | 5,092 | FDD 2026 ↗ |
| 4 | JANI-KING | Other | Not disclosed | 4,731 | FDD 2026 ↗ |
| 5 | HEALTH MART | Health & Wellness | Not disclosed | 3,907 | FDD 2026 ↗ |
| 6 | ZENSHI | Food & Dining | Not disclosed | 3,572 | FDD 2025 ↗ |
| 7 | Vision Source | Health & Wellness | Not disclosed | 3,344 | FDD 2017 ↗ |
| 8 | H&R Block | Other | Not disclosed | 3,136 | FDD 2019 ↗ |
| 9 | RE/MAX | Real Estate | Not disclosed | 2,994 | FDD 2026 ↗ |
| 10 | SERVPRO | Cleaning & Restoration | Not disclosed | 2,354 | FDD 2026 ↗ |
| 11 | CRUISE PLANNERS | Other | Not disclosed | 2,105 | FDD 2026 ↗ |
| 12 | KONA ICE | Other | Not disclosed | 1,929 | FDD 2026 ↗ |
| 13 | ANAGO OF MINNEAPOLIS | Other | Not disclosed | 1,868 | FDD 2026 ↗ |
| 14 | ADVANCED FRESH CONCEPTS | Food & Dining | Not disclosed | 1,857 | FDD 2024 ↗ |
| 15 | Hissho | Other | Not disclosed | 1,704 | FDD 2021 ↗ |
| 16 | Orangetheory | Fitness | Not disclosed | 1,311 | FDD 2024 ↗ |
| 17 | PACKAGEHUB BUSINESS CENTERS | Other | Not disclosed | 1,244 | FDD 2026 ↗ |
| 18 | SMARTSTYLE | Beauty & Personal Care | Not disclosed | 911 | FDD 2025 ↗ |
| 19 | FUJISAN ASIAN BAR KIOSKS | Food & Dining | Not disclosed | 773 | FDD 2026 ↗ |
| 20 | MERLE NORMAN COSMETICS | Other | Not disclosed | 757 | FDD 2026 ↗ |
| 21 | Hot Stuff Pizza/ Hot Stuff Kitchen | Food & Dining | Not disclosed | 752 | FDD 2024 ↗ |
| 22 | Keller Williams Realty â Market Center | Real Estate | Not disclosed | 735 | FDD 2026 ↗ |
| 23 | Smile Source | Other | Not disclosed | 734 | FDD 2020 ↗ |
| 24 | GODFATHER'S PIZZA | Food & Dining | Not disclosed | 592 | FDD 2025 ↗ |
| 25 | NEXTHOME | Other | Not disclosed | 587 | FDD 2026 ↗ |
| 26 | Yummi Sushi | Food & Dining | Not disclosed | 554 | FDD 2026 ↗ |
| 27 | Ace Sushi (Traditional) | Food & Dining | Not disclosed | 541 | FDD 2026 ↗ |
| 28 | Tire Pros | Automotive | Not disclosed | 495 | FDD 2026 ↗ |
| 29 | PROFORMA | Business Services | Not disclosed | 483 | FDD 2025 ↗ |
| 30 | Culligan | Other | Not disclosed | 438 | FDD 2026 ↗ |
| 31 | LONG JOHN SILVER'S | Food & Dining | Not disclosed | 382 | FDD 2024 ↗ |
| 32 | KUNG FU TEA | Food & Dining | Not disclosed | 378 | FDD 2024 ↗ |
| 33 | UNITED COUNTRY REAL ESTATE | Real Estate | Not disclosed | 376 | FDD 2026 ↗ |
| 34 | PacLease | Other | Not disclosed | 374 | FDD 2026 ↗ |
| 35 | American Poolplayers Association | Other | Not disclosed | 356 | FDD 2026 ↗ |
| 36 | Dave's Hot Chicken | Food & Dining | Not disclosed | 348 | FDD 2026 ↗ |
| 37 | PEST AUTHORITY | Home Services | Not disclosed | 341 | FDD 2026 ↗ |
| 38 | TRAVELIN' TOM'S COFFEE | Food & Dining | Not disclosed | 331 | FDD 2026 ↗ |
| 39 | Pop-A-Lock | Other | Not disclosed | 309 | FDD 2026 ↗ |
| 40 | YOUR CBD STORE | Retail & Products | Not disclosed | 275 | FDD 2024 ↗ |
| 41 | EmbroidMe | Other | Not disclosed | 270 | FDD 2016 ↗ |
| 42 | Winzer | Business Services | Not disclosed | 267 | FDD 2024 ↗ |
| 43 | LONG JOHN SILVER'S SEAFOOD SHOPS | Food & Dining | Not disclosed | 261 | FDD 2026 ↗ |
| 44 | DIPPIN' DOTS | Other | Not disclosed | 259 | FDD 2026 ↗ |
| 45 | Aplus Area Representative | Other | Not disclosed | 247 | FDD 2026 ↗ |
| 46 | iFixandRepair | Other | Not disclosed | 232 | FDD 2024 ↗ |
| 47 | FIBRENEW | Home Services | Not disclosed | 226 | FDD 2024 ↗ |
| 48 | ENGEL & VOLKERS | Real Estate | Not disclosed | 223 | FDD 2026 ↗ |
| 49 | Realty Executives | Real Estate | Not disclosed | 217 | FDD 2026 ↗ |
| 50 | DECORATING DEN INTERIORS | Other | Not disclosed | 202 | FDD 2026 ↗ |
A brand appears here when Item 19 of its latest real FDD filing contains no financial performance representation, ordered by system size (franchised units at latest Item 20 fiscal year end, descending). Absence of an Item 19 is not evidence of poor unit economics — but it means the only earnings data you will get comes from talking to current and former franchisees.
Universe: every brand tracked here whose latest filing is a verified extraction from a public FDD (state regulator portals, chiefly Minnesota CARDS), filed 2016–2026. Sample/seed data never enters a ranking. Each row's “FDD” link is the official document the figure came from; each brand link leads to the full sourced profile. See the site methodology for extraction and confidence rules.
A broker is paid by the franchisor to place you. I'm paid by you — and the job is pressure-testing the numbers, including talking you out of a bad deal.