Monkee's

The franchise fee of 60,000 is significantly above the typical range for retail franchises (25,000-40,000). What justifies this premium, and what additional support or resources does this include compared to competitors?

You initiated 1 litigation case as plaintiff over the past 3 years. What was the nature of this case, has it been resolved, and what were the circumstances?

Transfer rate of 5.3% is above the typical range of 0.9-4.43%. What percentage of these transfers represent franchisees exiting versus internal ownership changes, and what are the primary reasons franchisees are transferring their units?

The system grew from 36 to 57 units in 2 years (57.5% growth), significantly outpacing typical retail franchise growth. What is driving this exceptional growth—new market expansion, multi-unit development, or conversion of existing businesses?

Can you provide details on the 1 closure in 2024 and the circumstances that led to it? Was this related to underperformance, personal reasons, or other factors?

The 3-year compound annual growth rate of 15.49% is substantially above the typical range. Is this growth sustainable, and what are your projections for the next 3 years?

What specific support do you provide to new franchisees during their first 2 years of operation to ensure they reach the median gross sales of 847,556?

The binding arbitration clause requires all disputes to be resolved in Winston-Salem, North Carolina with no jury trial option. What is the typical cost and timeline for arbitration disputes, and how often do disputes arise?

Transfer fee is 7,500, which is below typical (8,333-20,000). Are there additional fees or conditions that apply when a franchisee transfers their unit?

Can you provide a breakdown of the 3 transfers in 2024? Did these transfers involve third-party buyers, multi-unit operators, or other scenarios?

What is your policy on unit performance and renewal? If a franchisee is underperforming at the end of their 10-year initial term, how does renewal negotiation work?

The system has 0% termination rate and 0% non-renewal rate. Does this mean you never terminate underperforming franchisees, or are terminations rare due to franchise agreement protections for franchisees?

What are the primary reasons franchisees have sought transfers, and are there patterns regarding store location, market conditions, or franchisee experience level?

How does the technology fee of 100 per month scale with your business? Does this cover POS systems, inventory management, or other tech services, and are there additional tech costs?

Can you provide 5-year financial projections and explain the variance between median (847,556) and average (1,095,749) gross sales?

What support exists during the 2-year, 20-mile non-compete period for franchisees exiting the system, and have any former franchisees violated this clause?

Are there any pending or threatened litigation cases beyond the 1 closed case, and what categories of disputes are most common in your franchisee base?

How many franchisees have opened second or additional units within the system, and what is your multi-unit development strategy?