The Back Nine

Latest FDD: 2026-03-23

The Back Nine Year-Over-Year FDD Delta Analysis

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: 2026-03-23
Change Window
2025-2026
2025 (2025-06-06) vs 2026 (2026-03-23)
Tracked Delta Facts
165
165 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.

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Executive Summary

Comparing 2025 (2025-06-06) vs 2026 (2026-03-23)
Always verify in the source FDDs.
  • Item 6
    Item 6 Other Fees text was revised, including changes to the Brand Marketing Fund description and Marketing System Fee language; see redline for exact text.
  • Item 6
    The payment timing language changed from "Monthly on the 15th" to "Monthly on the 15th, starting 60 days after the effective date of the franchise agreement."
  • Item 6
    Item 6 fee text was revised: the Annual Convention Fee changed from "up to $500 plus actual travel and lodging costs" to "$500 per person, not to exceed an annual 5% increase," and now states the franchisee is responsible for its own travel and lodging. The Step-In Rights Fee changed from "15% of Gross Revenues plus reasonable administrative, personnel, and travel costs" to "15% of Gross Revenues, not to exceed an annual 5% increase, plus adminis
Item 63 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.
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Key Insights
  • This page compares the 2025 and 2026 FDD editions for this brand.
  • Use the executive summary first to understand the biggest changes quickly.
  • Use source review when a specific clause, fee, term, or obligation needs closer inspection.
  • Use all changes when you want broader coverage beyond the top summarized edits.

Evidence And Redline

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Selected Change
Compare prior clause text against revised clause text.
Item 6
2025 (2025-06-06) p.8 | 2026 (2026-03-23) p.8
Item 6 other fees were revised, including marketing fund status, technology fee timing, convention fee structure, and clarifications to listed amounts.
2025 (2025-06-06)
Prior Clause
ITEM 6: OTHER FEES Name of FeeAmountDate DueRemarksRoyaltyFee 8% of monthly Gross Revenues. Brand Marketing Fund 0% of monthly Gross Revenues, will not exceed a 5%increaseannually. Monthly on the 15th Payable to Us via ACH Marketing System Fee Currently $250 monthly, will not exceed a 5% increase annually. Monthly on the 15thPayable to SQRD Media, the designated marketing supplier, specifical
Red strikethrough marks removed language.
2026 (2026-03-23)
Revised Clause
ITEM 6: OTHER FEES Name of FeeAmount Date DueRemarks Royalty Fee 8% of monthly Gross Revenues. Brand Marketing Fund Notcurrentlyaccessed. Monthly on the 15th Payable to Us via ACH Marketing System Fee $250 monthly, will not exceed a 5% increase annually. Monthly on the 15th,starting 120 days after the effective date of the franchise agreement. Payable to SQRD Media, the designated marketing s
Green highlight marks added language.
Ref: txt:6:sha256:dedc6ca7053da9d73959857e01cceed115617507dabd32d48cb51c0731e4fcbd
Tip: Use alignment only when you need extra token-level context.