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Andy LeRoy

Founder, Franchise Signal Software Architect and Former Franchisee

Popeyes Franchise: Cost, Sales, and Diligence (FDD 2026)

Popeyes Franchise: Cost, Sales, and Diligence (FDD 2026)

A diligence and background report overview of the Popeyes Louisiana Kitchen franchise from the 2026 FDD: investment range, Item 19 sales and EBITDA, unit growth and transfers, the 5% royalty and fee load, the RBI ownership, and the 20-year term and exit terms.

Augusta Lawn Care Franchise: Cost, Revenue, and Diligence (FDD 2026)

Augusta Lawn Care Franchise: Cost, Revenue, and Diligence (FDD 2026)

A diligence review of the Augusta Lawn Care franchise from the 2026 FDD: investment range, number of units reporting, the consolidated Item 19, growth and terminations, the flat-fee royalty, and year-over-year FDD changes.

Rolling Suds Franchise: Cost, Revenue, and Diligence (FDD 2026)

Rolling Suds Franchise: Cost, Revenue, and Diligence (FDD 2026)

Why did Rolling Suds only disclose 39% of fully operational units in their Item 19 Financial Disclosures? A diligence report of the Rolling Suds pressure washing franchise from the 2026 FDD: investment range, Item 19 revenue, unit growth, fees, exit terms, and year-over-year updates.

A Case Study in Franchise Diligence - Crumbl Cookies (Part III)

A Case Study in Franchise Diligence - Crumbl Cookies (Part III)

Part 3 of a 5 part series into Franchise Diligence and important considerations for a prospective franchisee to understand, all through the lens of the latest (2026) Crumbl FDD. Part 3 - "What kind of litigation is present and how do I compare this with the franchisor's disclosures?"

A Case Study in Franchise Diligence - Crumbl Cookies (Part II)

A Case Study in Franchise Diligence - Crumbl Cookies (Part II)

Part 2 of a 5 part series into Franchise Diligence and important considerations for a prospective franchisee to understand, all through the lens of the latest (2026) Crumbl FDD. Part 2 - "What percent of locations were included in financial performance representations?"

A Case Study in Franchise Diligence - Crumbl Cookies (Part I)

A Case Study in Franchise Diligence - Crumbl Cookies (Part I)

Part 1 of a 5 part series into Franchise Diligence and important considerations for a prospective franchisee to understand, all through the lens of the latest (2026) Crumbl FDD. Part 1 - "How much money will I make?" and the importance of year-over-year trends.

FDD Item 23: The Receipt and Your 14 Days

Item 23 is the last page: the receipt you sign to confirm you got the FDD. It starts a 14-day clock that is entirely in your favor. Here's how to use it.