Question 1

How many Happy Lemon franchise locations are there?

Accepted Answer

Happy Lemon currently has 115 total units, including 106 franchised locations and 9 company-owned locations.

Question 2

Is the Happy Lemon franchise system growing or shrinking?

Accepted Answer

Happy Lemon has experienced positive net growth of +3.6% over the past year, with a 3-year compound annual growth rate (CAGR) of +6.2%.

Question 3

What is the franchise vs. company-owned ratio for Happy Lemon?

Accepted Answer

Happy Lemon has a franchise ratio of 92%, meaning 92% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Happy Lemon franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Happy Lemon had 10 units opened and 6 units closed.