Review Material Changes Before Reading The Full FDD
This report highlights material year-over-year changes across fees, obligations, restrictions, transfer terms, and legal language so buyers, operators, attorneys, and advisors can assess what changed before working through the full disclosure.
Latest FDD on file: 2026-04-10
Change Window
2024-2025
2024 (2024-12-05) vs 2025 (2025-12-12)
Tracked Delta Facts
177
177 logged delta facts grounded in source comparisons
For Franchisees
Identify changes that may alter fees, operating obligations, transfer flexibility, or downstream economics before signing, renewing, or preparing for resale.
For Franchisors And Advisors
Benchmark year-over-year disclosure movement, compare system changes, and see where the legal or economic framing is shifting.
For Attorneys And Diligence Teams
Move directly to material changes, then verify the underlying source language without manually comparing full FDD editions page by page.
FAQs
This report focuses on year-over-year changes across Items 1 through 18. Item 19 financial performance representations should be reviewed directly in the FDD. Item 20 outlet count changes are better reviewed on the brand profile page. Items 21 through 23 should be reviewed directly in the FDD.
Start with the executive summary to understand the biggest edits quickly. Then use source review to inspect the actual language behind a change. Use all changes when you want fuller coverage across the report, not just the top summarized edits.
Item 4 text was replaced from a section describing LDS Subs, LLC and Mr. Stewart commission arrangements and territories to a section titled "6. OTHER FEES" that includes continuing royalty fees of 6.5% of Gross Receipts for a standard franchise agreement, payable weekly via wire transfer.
Item 6
The Third-Party Order Fees amount changed from "Currently, $0.2921 per third party transaction" to "Currently estimated to be $0.2921 per third party transaction (not currently charged)".
Item 6
Table row "Transfer Fee12" was added.
Item 6
Table row "Transfer Fee13" was removed.
Item 6
Text describing a reduced initial franchise fee of $8,500 for up to three new franchises opened by December 31, 2025 was replaced with National Media Fund payment terms, including a 4.0% of Gross Receipts fee and a statement that total payments to advertising funds will not exceed 6% of Gross Receipts.
Item 4Item 65 delta facts available.
Continue the Executive Summary
This report includes additional executive summary findings, linked source review, and the complete item-by-item change set for this year-over-year FDD delta comparison.