Frios Gourmet Pops

Franchise Information

Analyzed filing: MN · File #96710830
Filed: Jul 1, 2024
FDD Issued: Apr 29, 2024
Extracted: Aug 1, 2026
Verified family consensus investment high tie:family=mn:31535-202404|values=205500,95500|current=205500 family consensus outlets tie:family=mn:31535-202404|values=4790,90|current=90
Franchisor Details
Name: Frios Franchising Company, LLC
Parent: FGP Holding, LLC
Address: 1201 West I-65 Service Road North, Mobile, Alabama 36618
Phone: (817) 675-6882
Franchising Since: 2018
Industry & Qualifications
Industry
Food & Beverage
Veteran Discount
10.0%
Multi-Unit Discount
21.3%
Franchise Fee
$37,500
Royalty
Not disclosed
Ad Fund: 2.0%
Total Investment
$67K - $206K
Initial Term
10 years
Renewable
Outlet Information
Total Outlets (2023)
90
Franchised
89
Company-Owned
1
Opened (Last Year)
+32
Closed (Last Year)
-2
Churn Breakdown (Last Year)
Terminations
2
Non-Renewals
0
Ceased Ops
0
Transfers
7
Reacquired
0
Item 19 (Financial Performance)
Disclosed
Data is for Operational Franchise Outlets for the 2023 Calendar Year. 32 Operati...
Financial Performance (Item 19)
Avg Unit Volume (through Dec 2023)
$118,799
Median
$97,119
Highest
$323,061
Lowest
$20,376
% Achieving Avg
40.6%
Sample Size
32 units
Legal History
Litigation: None
Bankruptcy: None
Number File name Source State Filing Date Actions
1438906968 MN_31535-202404-06_frios-franchising-company,-llc.pdf
Alternate source copy · newest filing
MN Jul 1, 2024 Restricted
96710830 MN_31535-202404-09_frios-franchising-company,-llc.pdf
Canonical 2024 analysis · verified
MN Jul 1, 2024 Restricted
115095 489306_Franchise__Frios_Franchising_Company__LL_Virginia_115095.pdf
Alternate source copy
VA May 31, 2023
FDD issue date
Restricted
107152 489306_Franchise__Frios_Franchising_Company__LL_New York_107152.pdf
Canonical 2023 analysis
NY May 31, 2023
FDD issue date
Restricted
113712 489306_Franchise__Frios_Franchising_Company__LL_Maryland_113712.pdf
Alternate source copy
MD May 31, 2023
FDD issue date
Restricted
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