Woof Gang Bakery

Woof Gang Bakery combines dog grooming with a neighborhood pet store selling food, treats and accessories. Owners build a local team to serve pets and their owners, with grooming services and retail sales under one roof.

Open The Full FDD 2026 FDD Research
Startup Investment$191,350 to $560,300Single StoreSource Research · Item 7
Franchised Locations288At Year-End 2025Open The Full FDD
Initial Franchise Fee$49,900Open The Full FDD

Woof Gang Bakery combines pet grooming with a retail store selling treats, food and accessories. The franchisor formed in Florida in 2007 and began offering franchises in January 2008. It became part of a Garnett Station Partners-controlled group in 2022. Its distribution affiliate sells products to franchisees. You can buy a single-store franchise or commit to opening multiple stores on an agreed schedule; each store needs its own franchise agreement.

2026 FDD · PDF Page 8 · PDF Page 9 · Item 1 · View Source

Disclosed Startup Investment$191,350 to $560,300Single Store

Includes three months of working capital. Owner compensation and return on investment are excluded; additional funds may be needed.

Where Your Startup Money Goes
CostDisclosed AmountSource
Initial Franchise Fee$49,9002026 FDD · PDF Page 13

Paid when the franchise agreement is signed; nonrefundable.

Start-Up Media Fee$15,0002026 FDD · PDF Page 13

Paid before opening for market-area digital media and third-party commissions.

Travel And Expenses For Training$1,200 to $3,0002026 FDD · PDF Page 13

Travel for one to two attendees; initial attendees are not charged the training fee.

Leasehold Improvements And Construction$28,000 to $293,7002026 FDD · PDF Page 13

Varies with premises, location, landlord reimbursement, work required and other local factors.

Architect Review Fee$8502026 FDD · PDF Page 13

Mandatory zoning and preliminary test-fit review by the designated architect.

Architectural Drawings$6,500 to $14,6002026 FDD · PDF Page 13

Mandatory drawings for permitting and construction by the designated architect.

Rent And Lease Deposits$6,000 to $25,0002026 FDD · PDF Page 13

Deposits equivalent to the first one to three months of rent. Your rent depends on the property and lease.

Computer And Point Of Sale System$4,8002026 FDD · PDF Page 13

Item 7 lists $4,800; Item 11 gives a separate $3,500 to $4,500 estimate. Confirm the required system and current price.

Freezer And Grooming Equipment$36,000 to $51,4502026 FDD · PDF Page 13

Equipment (Freezer and Grooming Equipment) $36,000 $51,450 As Incurred As Arranged Designated and Approved Vendors

Exterior Signage$4,800 to $12,5002026 FDD · PDF Page 13

Exterior Signage $4,800 $12,500 As Incurred As Arranged Approved Vendors

Licenses And Permits$100 to $1,0002026 FDD · PDF Page 13

Licenses and Permits $100 $1,000 Lump Sum Before Opening Various government agencies

Insurance$1,500 to $3,5002026 FDD · PDF Page 13

Insurance $1,500 $3,500 As Arranged As Arranged Insurance Companies

Legal And Professional Fees$1,200 to $5,0002026 FDD · PDF Page 13

Legal and Professional Fees See Note 7 $1,200 $5,000 As Incurred As Incurred Third-party professionals

Opening Inventory$18,000 to $30,0002026 FDD · PDF Page 13

Opening Inventory $18,000 $30,000 As Arranged As Arranged Designated or Approved Vendors

Working Capital For Three Months$17,500 to $50,0002026 FDD · PDF Page 13

Three months of operating funds. Owner compensation and return on investment are excluded; more funds may be needed.

Line items are shown as disclosed. Some costs overlap or apply to different formats; do not add them together without reviewing the source.

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Key Franchise Fees

Initial Franchise Fee
$49,900
View Disclosed Terms

$49,900

Paid when signing the agreement for one store.

2026 FDD · PDF Page 11 · Item 5

Review Fee Sources
Royalty
7% Of Gross Revenue
View Disclosed Terms

7% Of Gross Revenue

Paid monthly on the 10th for the prior month.

2026 FDD · PDF Page 11 · Item 6

Review Fee Sources
Fees And Payment Terms
FeeDisclosed TermsSource
Transfer$7,500 Or $500

A controlling-interest transfer costs $7,500; a smaller transfer costs $500.

2026 FDD · PDF Page 12
Initial Franchise Fee$49,900

Paid when signing the agreement for one store.

2026 FDD · PDF Page 11
Technology FeeConfirm The Current Amount

Item 6 says $50 per month; Item 11 says it is not currently charged. Both allow up to $300 per month.

2026 FDD · PDF Page 12
Replacement Owner Or Manager Training$2,000

Applies when a replacement managing owner or store manager attends initial training.

2026 FDD · PDF Page 11
Start-Up Media Fee$15,000 Per Store

Paid before opening for digital advertising and related commissions.

2026 FDD · PDF Page 11
Multiple-Store Development$49,900 Plus $20,000 Per Additional Store

The extra-store deposit is credited toward that store’s franchise fee. Each store still has its own opening costs.

2026 FDD · PDF Page 11
Audit Costs And InterestUnderpayment, Audit Cost And 1.5% Monthly Interest

Applies when an audit finds gross revenue was under-reported by 3% or more.

2026 FDD · PDF Page 12
National Marketing Fee2% Of Gross Revenue

Paid monthly with royalties. Local marketing is a separate obligation.

2026 FDD · PDF Page 11
Store Relocation$2,500

Due with the relocation request and before moving the store.

2026 FDD · PDF Page 12
Inventory Purchased From WGD$12,000 to $18,000

This is the portion purchased from the affiliate; Item 7 budgets $18,000 to $30,000 for all opening inventory.

2026 FDD · PDF Page 11
Royalty Fee7% Of Gross Revenue

Paid monthly on the 10th for the prior month.

2026 FDD · PDF Page 11
Late Payment InterestUp To 18% Per Year

The lesser of 18% annually or the maximum allowed by law on overdue amounts.

2026 FDD · PDF Page 11
Management During DefaultActual Costs Or Up To $1,500 Per Day

Applies if the franchisor appoints a manager or professional following a default.

2026 FDD · PDF Page 12
Renewal Fee50% Of The Then-Current Initial Franchise Fee

The amount depends on the franchise fee in effect when you renew.

2026 FDD · PDF Page 12
Management System Maintenance$300 to $400 Per Month

Estimated maintenance and updates paid to approved third-party providers, separate from the franchisor’s technology fee.

2026 FDD · PDF Page 21
Local MarketingRequired; Amount Not Specified

Approved local promotion is required in addition to the national marketing fee.

2026 FDD · PDF Page 20
Optional Training MaterialsActual Cost

Reimbursement for optional materials and equipment.

2026 FDD · PDF Page 11
Early Termination DamagesA Contract-Based Formula

For termination due to your breach, the fee formula uses average monthly royalty, marketing and technology fees multiplied by the lesser of 36 or the months remaining.

2026 FDD · PDF Page 12 · PDF Page 13
Supplier TestingReasonable Actual Costs

Evaluation costs for a supplier you ask the franchisor to approve.

2026 FDD · PDF Page 12
Costs And Attorneys’ FeesReasonable Costs And Expenses

May apply if you lose a dispute with the franchisor.

2026 FDD · PDF Page 12

Some fees apply only to a specific event or service. These are not all monthly expenses.

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Does This Fit Your Budget?

See how the disclosed startup costs fit your cash, reserves, and financing plans.

Reported Business Results

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Median Annual Gross Revenue Per Store$581,8572025 Reporting Year

199 franchised stores operating for at least 13 months under the same operator.

Reported By The Franchisor In Item 19 · 2026 FDD · PDF Page 33 · PDF Page 37

What This Number Includes

Reported by the franchisor in Item 19 of its 2026 FDD. Gross revenue is before business expenses and owner pay.

The group excludes 21 transferred stores, one winding down, one non-traditional store and 66 stores opened after November 30, 2024.

The older-store groups are subsets of the 199 stores, not additional locations. These historical results do not predict a new store’s revenue.

Item 19 also contains a franchisor-prepared 12-month illustration with expense assumptions. It is not actual store profit or a forecast for your business.

These are past results for the group described above. They do not show your future expenses, profit or take-home pay.

2026 FDD · PDF Page 33 · PDF Page 37
Compare The Disclosed Store Groups

199 franchised stores operating for at least 13 months under the same operator.

Store GroupStoresAverage Gross RevenueMedian Gross RevenueSource
Open for Over 13 Months199$620,375$581,8572026 FDD · PDF Page 33
Open for Over 25 Months150$672,503$620,1612026 FDD · PDF Page 33
Open for Over 37 Months122$715,937$666,8462026 FDD · PDF Page 33
Open for Over 49 Months103$738,802$673,7122026 FDD · PDF Page 33

Reported by the franchisor in Item 19 of its 2026 FDD. Gross revenue is before business expenses and owner pay.

Your Role As An Owner

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Read The Disclosed Requirements

The managing owner or an approved store manager must work full time actively managing day-to-day operations. Hiring a manager is permitted, but the managing owner must still complete initial training. New managing owners or managers must complete it within 60 days of assuming the manager role. Anyone with at least a 10% ownership interest must personally guarantee the franchisee's obligations. Permission to hire a manager should not be read as a promise of passive ownership or a particular number of owner hours.

2026 FDD · PDF Page 28 · Item 15 · View Source

Read The Disclosed Requirements

Your signed agreement identifies a protected area around an approved store. While you comply with the agreement, Woof Gang will not put another company-owned or franchised Woof Gang store inside it. That protection does not make the territory exclusive: the franchisor reserves online and other sales channels, and customers can come from outside another store's area. If you sign before finding a site, territorial rights do not begin until the approved location and protected area are documented. Check the actual boundary map and reserved rights before committing.

2026 FDD · PDF Page 24 · PDF Page 25 · PDF Page 26 · Item 12 · View Source

A disclosed territory policy does not confirm that your preferred area is available. Ask the franchisor about the specific area you are considering.

Training & Support

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Before opening, promised support includes site review, store specifications, supplier information, operating manuals, initial training and at least two days of opening assistance. Initial training is about 40 hours; the first managing owner and store manager attend without a training fee, but pay their travel and living costs. Ongoing support includes operating guidance, marketing-fund management and training that may cost extra.

2026 FDD · PDF Page 19 · PDF Page 22 · PDF Page 23 · PDF Page 24 · Item 11 · View Source

Read The Disclosed Requirements

The stated opening estimate is 9 – 15 months, with contractual site-selection and opening deadlines. You remain responsible for finding the site and hiring staff. National marketing contributions do not guarantee spending in your area, and local promotion is additional.

2026 FDD · PDF Page 22 · PDF Page 19 · PDF Page 20 · Item 11 · View Source

Franchisor Financing

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Woof Gang Bakery does not offer financing directly or indirectly and does not guarantee your loans, lease or other obligations. Any borrowing for this business would need to be arranged separately. This item does not establish whether a lender would approve your application or what rate and terms you would receive.

2026 FDD · PDF Page 18 · Item 10 · View Source

Explore Listed Locations

U.S. franchisee directory · 288 listed stores · 262 mapped

FDD snapshot · Dec 31, 2025

Explore the FDD’s listed stores below, or open the interactive map for street-level detail.

● FDD-Listed StoresState boundaries · U.S. Census
U.S. FDD Directory

288 listed · 262 mapped

FDD-Listed Store · Brand-listed map point

Woof Gang Bakery — Dothan

104 Apple Ave., Dothan AL 36301

View The FDD Listing · Page 150 Map Point Source

Drag to explore. Use + / − to zoom, or select a store in the list. Listings without verified map points remain in the directory.

The 2026 FDD · Franchisee Directory lists these stores as of December 31, 2025. It does not establish current openings, closures or territory availability.

Sources & Map Details

Addresses come from the FDD’s current-franchisee list for that reporting date. Former-franchisee entries are excluded. Select a store to open its source page.

Map points use matching coordinates from the brand’s public location directory. They are not rooftop surveys or territory boundaries. Unverified points are omitted. The offline view uses Census state outlines; the interactive basemap uses OpenFreeMap and OpenStreetMap.

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The Franchise Network

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Franchised288
Company-Owned0
Total288

Reported At Year-End 2025

YearFranchised At Year-EndCompany-Owned At Year-EndTotal At Year-EndSource
202319701972026 FDD · PDF Page 37 · Item 20
202423602362026 FDD · PDF Page 37 · Item 20
202528802882026 FDD · PDF Page 37 · Item 20

These are reported outlet counts, not available territories or a measure of profitability. A dash means a count is not available in this record.

Review The Source Figures

2023 Year-End Counts

Franchised 2023 163 197 +34

Company-Owned 2023 0 0 0

Total 2023 163 197 +34

2024 Year-End Counts

Franchised 2024 197 236 +39

Company-Owned 2024 0 0 0

Total 2024 197 236 +39

2025 Year-End Counts

Franchised 2025 236 288 +52

Company-Owned 2025 0 0 0

Total 2025 236 288 +52

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Locations By State

Franchised locations reported at year-end 2025. These counts do not show which territories are available.

StateFranchised LocationsSource
Alabama22026 FDD · PDF Page 38 · Item 20
Arizona62026 FDD · PDF Page 39 · Item 20
California132026 FDD · PDF Page 39 · Item 20
Colorado22026 FDD · PDF Page 39 · Item 20
Connecticut32026 FDD · PDF Page 39 · Item 20
Florida912026 FDD · PDF Page 39 · Item 20
Georgia232026 FDD · PDF Page 39 · Item 20
Idaho12026 FDD · PDF Page 39 · Item 20
Illinois32026 FDD · PDF Page 39 · Item 20
Indiana22026 FDD · PDF Page 39 · Item 20
Kansas32026 FDD · PDF Page 39 · Item 20
Kentucky22026 FDD · PDF Page 39 · Item 20
Maryland12026 FDD · PDF Page 39 · Item 20
Massachusetts12026 FDD · PDF Page 39 · Item 20
Michigan22026 FDD · PDF Page 40 · Item 20
Minnesota22026 FDD · PDF Page 40 · Item 20
Missouri12026 FDD · PDF Page 40 · Item 20
Nebraska12026 FDD · PDF Page 40 · Item 20
Nevada42026 FDD · PDF Page 40 · Item 20
New Jersey102026 FDD · PDF Page 40 · Item 20
New Mexico12026 FDD · PDF Page 40 · Item 20
New York42026 FDD · PDF Page 40 · Item 20
North Carolina302026 FDD · PDF Page 40 · Item 20
North Dakota12026 FDD · PDF Page 40 · Item 20
Ohio22026 FDD · PDF Page 40 · Item 20
Oregon22026 FDD · PDF Page 40 · Item 20
Pennsylvania42026 FDD · PDF Page 40 · Item 20
South Carolina102026 FDD · PDF Page 40 · Item 20
Tennessee32026 FDD · PDF Page 41 · Item 20
Texas502026 FDD · PDF Page 41 · Item 20
Virginia52026 FDD · PDF Page 41 · Item 20
Washington22026 FDD · PDF Page 41 · Item 20
Wisconsin12026 FDD · PDF Page 41 · Item 20

Inside The FDD

Open The Full FDD

Plain-language summaries of the FDD. Follow the page links to read the original document and its conditions.

Reviewed Against The 2026 FDD · 2026-10-20 · Original Filing

Sources
01The Franchisor, Its Predecessors And Affiliates

Woof Gang Bakery combines pet grooming with a retail store selling treats, food and accessories. The franchisor formed in Florida in 2007 and began offering franchises in January 2008. It became part of a Garnett Station Partners-controlled group in 2022. Its distribution affiliate sells products to franchisees. You can buy a single-store franchise or commit to opening multiple stores on an agreed schedule; each store needs its own franchise agreement.

2026 FDD · PDF Page 8 · PDF Page 9 · Item 1 · View Source

02Business Experience

The 2026 FDD identifies Ricardo Azevedo as CEO, Joseph Marin as Chief Financial and Development Officer, Tim Brueggemann as COO, Diego Suarez as Chief Marketing Officer, and Alexandre De Macedo as Chairman. All entered their listed Woof Gang roles in 2022. Their disclosed backgrounds include Restaurant Brands International, Burger King, a Popeyes franchisee and SeaWorld. These are the leadership biographies reported in this filing, rather than a check of who holds each role today.

2026 FDD · PDF Page 10 · Item 2 · View Source

03Litigation

The FDD lists a lawsuit that Woof Gang Bakery filed against Marina and others in federal court in Texas in August 2025. It describes the case as an action to enforce obligations that continue after a franchise ends. The short disclosure does not state the outcome. It is a reported case in this filing, not a current court-status check.

2026 FDD · PDF Page 10 · Item 3 · View Source

04Bankruptcy

Woof Gang Bakery reports no bankruptcy that it is required to disclose in Item 4 of this FDD. This statement covers the disclosure requirements for this item; it does not measure the company's financial strength or replace a review of its financial statements.

2026 FDD · PDF Page 10 · Item 4 · View Source

05Initial Fees

The initial franchise fee for one store is $49,900, due when you sign. There is also a $15,000 startup media fee before opening, and the FDD estimates $12,000 to $18,000 of initial inventory purchased from its distribution affiliate. The franchise and media fees are nonrefundable. A multiple-store agreement requires the first store's franchise fee plus a $20,000 deposit for each additional store. Each deposit is credited toward that store's franchise fee; it does not pay for that store's construction or other startup costs.

2026 FDD · PDF Page 11 · Item 5 · View Source

06Other Fees

Ongoing charges include a 7% royalty and a 2% national marketing fee, both based on gross revenue rather than profit and generally paid monthly. Local marketing is additional. Other charges apply in specific situations, such as replacing a manager who needs training, transferring ownership, renewing, relocating or breaching the agreement. The technology charge needs clarification: Item 6 says it is currently $50 a month, while Item 11 says it is not currently charged. Both allow a charge up to $300 a month.

2026 FDD · PDF Page 11 · PDF Page 12 · PDF Page 21 · PDF Page 13 · Item 6 · View Source

07Estimated Initial Investment

The FDD estimates $191,350 to $560,300 to open one store, including three months of working capital. Buildout is the largest variable: $28,000 to $293,700. The estimate assumes leased premises, typically 1,000 – 1,800 square feet. Rent, the condition of the space and landlord contributions can change your costs. The working-capital allowance excludes owner compensation, and more money may be needed before the store breaks even.

2026 FDD · PDF Page 14 · PDF Page 13 · PDF Page 15 · Item 7 · View Source

The separate $211,350 to $640,300 multiple-store estimate covers the first store plus franchise-fee deposits for later stores. It is not the total cost of building and opening every store in the development agreement.

2026 FDD · PDF Page 15 · Item 7 · View Source

08Restrictions On Sources Of Products And Services

You must use designated or approved sources for certain inventory, equipment, store materials and technology, and use the franchisor's designated architect. Some other purchases can come from your choice of supplier if they meet its specifications. Proposing an alternative supplier may involve an evaluation charge. The franchisor and its distribution affiliate earn revenue from franchisee purchases, and approved suppliers may pay rebates. Item 8 also sets required insurance coverages and describes the franchisor's approval process for your proposed site.

2026 FDD · PDF Page 15 · PDF Page 17 · PDF Page 16 · PDF Page 18 · Item 8 · View Source

09Franchisee's Obligations

This item is a guide to the responsibilities you take on, with references to the agreement sections that explain each one. These include finding and developing a site, training, fees, insurance, marketing, staffing, recordkeeping, supplier requirements and operating standards. It also points to the rules for renewing, selling or closing the business. Use it as a checklist when reviewing the contracts; the table itself is not the full explanation of each obligation.

2026 FDD · PDF Page 18 · Item 9 · View Source

10Financing

Woof Gang Bakery does not offer financing directly or indirectly and does not guarantee your loans, lease or other obligations. Any borrowing for this business would need to be arranged separately. This item does not establish whether a lender would approve your application or what rate and terms you would receive.

2026 FDD · PDF Page 18 · Item 10 · View Source

11Franchisor's Assistance, Advertising, Computer Systems And Training

Before opening, promised support includes site review, store specifications, supplier information, operating manuals, initial training and at least two days of opening assistance. Initial training is about 40 hours; the first managing owner and store manager attend without a training fee, but pay their travel and living costs. Ongoing support includes operating guidance, marketing-fund management and training that may cost extra.

2026 FDD · PDF Page 19 · PDF Page 22 · PDF Page 23 · PDF Page 24 · Item 11 · View Source

The stated opening estimate is 9 – 15 months, with contractual site-selection and opening deadlines. You remain responsible for finding the site and hiring staff. National marketing contributions do not guarantee spending in your area, and local promotion is additional.

2026 FDD · PDF Page 22 · PDF Page 19 · PDF Page 20 · Item 11 · View Source

12Territory

Your signed agreement identifies a protected area around an approved store. While you comply with the agreement, Woof Gang will not put another company-owned or franchised Woof Gang store inside it. That protection does not make the territory exclusive: the franchisor reserves online and other sales channels, and customers can come from outside another store's area. If you sign before finding a site, territorial rights do not begin until the approved location and protected area are documented. Check the actual boundary map and reserved rights before committing.

2026 FDD · PDF Page 24 · PDF Page 25 · PDF Page 26 · Item 12 · View Source

13Trademarks

The franchise gives you permission to use the approved Woof Gang names and branding under the agreement's rules; you do not own them. Most listed marks are federally registered, but one listed mark is an application without federal registration. The franchisor can require branding changes at your expense. It is not obligated to defend you or reimburse you against trademark claims. The permission to use the marks ends when your franchise agreement ends.

2026 FDD · PDF Page 27 · PDF Page 26 · Item 13 · View Source

14Patents, Copyrights And Proprietary Information

The FDD lists no registered patents or copyrights that are material to the franchise, but Woof Gang claims copyright protection for its manuals, training and advertising materials and treats some training content as trade secrets. You must protect confidential information during and after ownership and return protected materials when the agreement ends. Required manual changes are your expense. The franchisor also reserves the right to set policies on ownership and control of customer data in the store's management system.

2026 FDD · PDF Page 28 · Item 14 · View Source

15Obligation To Participate In The Actual Operation Of The Franchise Business

The managing owner or an approved store manager must work full time actively managing day-to-day operations. Hiring a manager is permitted, but the managing owner must still complete initial training. New managing owners or managers must complete it within 60 days of assuming the manager role. Anyone with at least a 10% ownership interest must personally guarantee the franchisee's obligations. Permission to hire a manager should not be read as a promise of passive ownership or a particular number of owner hours.

2026 FDD · PDF Page 28 · Item 15 · View Source

16Restrictions On What The Franchisee May Sell

You must offer all the products and services Woof Gang approves and cannot add unapproved offerings. The franchisor controls the required inventory selection and quantities, can require new products or services, and requires approved suppliers for supplies and equipment. This means your store follows the brand's offering rather than operating as an independent pet retailer with unrestricted choice over what to sell.

2026 FDD · PDF Page 28 · Item 16 · View Source

17Renewal, Termination, Transfer And Dispute Resolution

The franchise term is 10 years, with one further 10-year renewal if you meet the conditions. Renewal requires a fee equal to half the then-current initial franchise fee, an updated agreement and other requirements, including refurbishment. Selling the business involves transfer rules and fees. Some defaults allow time to fix the problem; others can lead to termination without that opportunity.

2026 FDD · PDF Page 29 · PDF Page 30 · Item 17 · View Source

The contract's noncompete lasts 24 months after the later of the agreement ending or store operations stopping, within 10 miles of the former store or any other then-existing Woof Gang store. Disputes generally go to mediation, then arbitration, near headquarters. State law and the state addenda can change these rules. Multiple-store development agreements have separate deadlines and no renewal right.

2026 FDD · PDF Page 31 · PDF Page 32 · PDF Page 119 · PDF Page 138 · PDF Page 139 · Item 17 · View Source

18Public Figures

Woof Gang Bakery states that it does not currently use a public figure to promote the franchise. This describes the arrangement disclosed in the 2026 FDD.

2026 FDD · PDF Page 32 · Item 18 · View Source

19Financial Performance Representations

For 2025, the franchisor reports average gross revenue of $620,375 and median gross revenue of $581,857 for 199 stores open at least 13 months under the same operator. The group excludes 21 transferred stores, one winding down, one non-traditional store and 66 newer stores. Results for older stores and retail product costs are shown separately. Item 19 also includes a franchisor-prepared pro forma with expense assumptions, not a forecast for your store. Revenue is before expenses; individual results may differ. Written substantiation is available on reasonable request.

2026 FDD · PDF Page 33 · PDF Page 35 · PDF Page 37 · PDF Page 34 · PDF Page 36 · Item 19 · View Source

20Outlets And Franchisee Information

The system ended 2025 with 288 franchised stores and no company-owned stores, compared with 197 franchised stores at the end of 2023 and 236 in 2024. In 2025, the franchisor reports 63 openings and net growth of 52 stores; separate tables track transfers and other changes. These are historical counts, not a map of available territories. Exhibit G lists current and former franchisees for research calls. Some franchisees have confidentiality restrictions. The FDD also lists 106 signed agreements for unopened stores and projects 75 franchised openings in 2026.

2026 FDD · PDF Page 37 · PDF Page 41 · PDF Page 42 · PDF Page 38 · PDF Page 39 · PDF Page 40 · PDF Page 150 · Item 20 · View Source

21Financial Statements

Exhibit A contains audited consolidated financial statements for Woof Gang Bakery, Inc. and its subsidiaries for the years ended December 31, 2023, 2024 and 2025. These describe the franchisor group, rather than the income of a typical franchise owner. The statements reflect the May 2022 acquisition by GSP Woof Gang Holdco, Inc. The independent auditors report that the statements fairly present the group’s financial position, results and cash flows in accordance with U.S. accounting principles.

2026 FDD · PDF Page 42 · PDF Page 47 · PDF Page 48 · Item 21 · View Source

22Contracts

The agreements that define the relationship are included with the FDD. Exhibit B contains the Franchise Agreement and Personal Guaranty; Exhibit C covers multiple-store development. State-specific changes appear in Exhibit D, the General Release Form in Exhibit E, and the Disclosure Acknowledgment Agreement in Exhibit I. Review the agreements themselves alongside the summaries, particularly the personal guaranty and any state provisions that apply to your purchase.

2026 FDD · PDF Page 43 · Item 22 · View Source

23State Effective Dates And Receipts

Exhibit J provides state effective dates and two receipt copies for this FDD, issued April 23, 2026. The receipt says the disclosure must be provided at least 14 calendar days before signing a binding agreement or making a related payment to the franchisor or an affiliate. Keep one signed receipt and return the other. The state-date table in this copy lists its entries as pending; it does not establish current registration status or territory availability.

2026 FDD · PDF Page 43 · PDF Page 164 · PDF Page 163 · PDF Page 165 · Item 23 · View Source

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