Corky’s

Franchise Information

Analyzed filing: CA · File #13303
Filed: Jul 31, 2019
FDD Issued: Jun 25, 2018
Extracted: May 4, 2026
Analyzed
Franchisor Details
Name: Corky’s Franchising, LLC
Parent: Corky's Partners, LLC
Address: 5240 Poplar Ave., Suite 300, Memphis, TN 38119
Phone: 1-800-342-1705
Franchising Since: 2015
Industry & Qualifications
Industry
Food & Beverage
Training
2 weeks
Franchise Fee
$25,000 - $50,000
Royalty
5.0%
Ad Fund: 2.0%
Total Investment
$1.09M - $2.26M
Outlet Information
Total Outlets
6
Franchised
6
Opened (Last Year)
+0
Closed (Last Year)
-0
Churn Breakdown (Last Year)
Terminations
0
Non-Renewals
0
Ceased Ops
0
Transfers
0
Reacquired
0
Exclusive Territory
Yes
Area Development Agreement provides exclusive territory for development
Item 19 (Financial Performance)
Disclosed
Gross sales data for 7 restaurants (3 affiliate, 4 franchised) for 2017. Average...
Financial Performance (Item 19)
Avg Unit Volume
$2,523,496
Median
$2,437,455
Top 25% Avg
$3,035,807
Bottom 25% Avg
$2,106,608
Highest
$3,480,415
Lowest
$1,435,612
% Achieving Avg
50.0%
Sample Size
7 units
Unit Economics
EBITDA
10.5%
Labor Cost
29.5%
COGS
32.6%
Legal History
Litigation: None
Bankruptcy: None
Number File name Source State Filing Date Actions
13303 CA_13303.pdf
Canonical 2018 analysis · newest filing
CA Jul 31, 2019 Restricted
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