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SUBJECT DOSSIER · FDD 2026

Crispy Cones Franchise

Cost, fees, owner earnings, closure rate and litigation for a Crispy Cones franchise — pulled from the franchisor's own public FDD (2026), not its sales material.

Bakery, Dessert & Ice Cream · disclosure-honesty grade · from public state filings
GRADE D · WEAK DISCLOSURE

Disclosure honesty

D
Transparency 2 / 5

Crispy Cones discloses earnings (Item 19) — but the grade is how honestly. We graded it D.

Outlets21
Disclosed lawsuits0
Closure signals0 ceased
Investment
$373,650–$581,900
Total fees
7% of sales
Outlets
21
Closure signals
0 ceased, 1 terminated
Lawsuits
0
◢ FINDINGS
ITEM 19
Grade D disclosure
The disclosed numbers are incomplete or framed to look better than an owner's real take-home.

What their own earnings claim actually says

Average monthly gross sales for 18 franchises (2025): Bottom quartile $23,395, top quartile $56,140. Data includes 7 stores <6 months old, 8 stores 6-12 months, 3 stores 12+ months. No earnings/profit data disclosed.

What a Crispy Cones franchise actually costs to run

FeeDisclosedWhere it comes from
Initial franchise fee$35,000Item 5 — paid up front, before you open
Royalty5% of gross salesItem 6 — charged on revenue, not profit
Advertising fund2% of gross salesItem 6 — brand marketing, spent at the franchisor's discretion
Total recurring fees7% of gross salesBefore rent, labor, food or debt service
Total initial investment$373,650 – $581,900Item 7 — franchisor's own low/high estimate

5% royalty, 2% advertising fund, up to 1% technology fee. Various compliance and service fees apply.

Royalty and ad-fund percentages are charged on gross sales — an owner pays them whether or not the location is profitable.

Crispy Cones system size and owner turnover

Total outlets21
Ceased operations0
Terminated by franchisor1
Transferred to new owners2
Closure rate0.0% of outlets

18 outlets in 2025 (5 start); 1 termination, 2 transfers, 1 non-renewal in 2025.

From Item 20 of the FDD 2026. Terminations and ceased operations are the franchisor's own count of owners who stopped — the number the sales pitch leaves out.

Is Crispy Cones worth it? — how it compares to 59 similar franchises

Ongoing fees7% of saleslower than most (median 7.5%)
Startup costfrom $373,650pricier than 68% of peers
Disclosure honestyGrade Dless honest than most of the category
Closure rate0.0% of outletsbetter than most (median 0.9%)
Disclosed lawsuits0fewer than most

Benchmarked against every bakery, dessert & ice cream franchise we've graded from public FDDs — the context the franchisor's pitch never gives you.

◤ CLASSIFIED · ITEM 19 RECONSTRUCTED

Owner take-home for a Crispy Cones

The franchisor's framing: Average monthly gross sales for 18 franchises (2025): Bottom quartile $23,395, top quartil… We reconstruct what an owner actually keeps, from their own FDD.

LOW
MEDIAN
HIGH

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Crispy Cones franchise — frequently asked

How much does a Crispy Cones franchise cost?
The FDD lists a total initial investment of about $373,650–$581,900, including a $35,000 initial franchise fee.
How much do Crispy Cones franchise owners make?
Average monthly gross sales for 18 franchises (2025): Bottom quartile $23,395, top quartile $56,140. Data includes 7 stores &lt;6 months old, 8 stores 6-12 months, 3 stores 12+ months. No earnings/profit data disclosed. We grade this disclosure D for honesty.
What are the Crispy Cones franchise fees?
Crispy Cones' FDD discloses a $35,000 initial franchise fee, a 5% royalty on gross sales, a 2% advertising-fund contribution, for roughly 7% of gross sales in recurring fees before rent, labor, or debt service. 5% royalty, 2% advertising fund, up to 1% technology fee. Various compliance and service fees apply.
What is the Crispy Cones franchise profit margin?
Crispy Cones does not publish a franchisee net-profit margin — almost no franchisor does. What Item 19 actually shows: Average monthly gross sales for 18 franchises (2025): Bottom quartile $23,395, top quartile $56,140. Data includes 7 stores <6 months old, 8 stores 6-12 months, 3 stores 12+ months. No earnings/profit data disclosed. Recurring fees alone take about 7% of gross sales, before rent, labor, food or debt service. Margin has to be reconstructed from the disclosure, not read off it.
What is the Crispy Cones franchise failure rate?
18 outlets in 2025 (5 start); 1 termination, 2 transfers, 1 non-renewal in 2025.
How many Crispy Cones locations are there?
Crispy Cones' FDD reports 21 total outlets, with 0 that ceased operations in the most recent reporting year and 2 transferred to new owners. Item 20 is where system health shows up before the marketing does.
Does Crispy Cones have complaints or lawsuits?
Crispy Cones discloses no material litigation in Item 3 of the filing we reviewed. That's a positive signal, though it covers only what the franchisor is required to report.
Is a Crispy Cones franchise worth it?
It depends on the numbers, not the pitch. Crispy Cones scores D on disclosure honesty, carries about 7% of sales in ongoing fees. Get the real owner take-home before you sign.

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Source: MN CARDS 36848-202606-08 (Clean FDD 2026). FranchiseValidate is independent and not affiliated with Crispy Cones or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.