Style Encore franchise research

Investment by format

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.17 ↗

Franchise fees and ongoing costs

Franchise fee

$15,000 to $25,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.

Royalty

5% · 5% of weekly Gross Sales, due weekly (on or before Wednesday for the previous week), withdrawn directly from franchisee's bank account

Marketing contribution

3% (basis not captured; see original filing)

Technology fee

Currently $0; not yet imposed, but Winmark may establish a periodic fee estimated at $500-$2,500/year per Store with 60 days' notice, subject to 10% annual increases once established

Other fees

Not captured

Working capital (FDD Item 7)

$40,000 to $50,000 for the first 3 months of operation, covering initial wages/benefits, insurance, advertising, taxes, office/paper/cleaning supplies, and loan interest; excludes inventory beyond opening inventory and owner's compensation.

Fees sourceFDD p.13 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.17 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured

Yes

Metric / basis

Section 1: average and median annual Gross Sales and Gross Profit; Section 2: average/median Gross Sales, COGS, Gross Profit, expense categories, and Operating Income

Reporting period

Section 1: FY2025 (Dec 29, 2024 - Dec 27, 2025); Section 2: FY2024 (Dec 31, 2023 - Dec 28, 2024)

Sample

Section 1: 62 of 67 franchised US/Canada Stores open at Dec 27, 2025 that had operated 12+ months under the same owner; Section 2: 40 of 63 such Stores (for FY2024) that submitted complete P&L statements

Reported average

$959,541

Reported median

$873,963

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.43 ↗

Unit growth: Item 20

Reporting year

2025

Scope

franchised outlets

Starting outlets

69

Year-end outlets

67

Net change

-2

Derivation

ending minus starting outlets

Openings

2

Terminations

4

Non-renewals

0

Other closures

0

Reacquisitions

0

Transfers

3

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.47 ↗

SBA loan history

Loan activity

1 approvals

Activity window

FY2021-FY2026 YTD; snapshot 2026-06-30

Median SBA loan

Not captured

Median loan window

Not captured

Median loan sample

Not captured

Historical charge-off share

4.17%

Cohort

7(a) FY2010-2019 approvals

Numerator / denominator

1 / 24

Formula

CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does Style Encore franchise cost?

standard: $339,200 to $458,900 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $15,000 to $25,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.17 ↗

Franchise fee sourceFDD · page not captured ↗

How much do Style Encore owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Section 1: average and median annual Gross Sales and Gross Profit; Section 2: average/median Gross Sales, COGS, Gross Profit, expense categories, and Operating Income. Sample: Section 1: 62 of 67 franchised US/Canada Stores open at Dec 27, 2025 that had operated 12+ months under the same owner; Section 2: 40 of 63 such Stores (for FY2024) that submitted complete P&L statements. Period: Section 1: FY2025 (Dec 29, 2024 - Dec 27, 2025); Section 2: FY2024 (Dec 31, 2023 - Dec 28, 2024).

Item 19 performance sourceFDD p.43 ↗

What's the SBA charge-off rate for Style Encore?

4.17%; numerator / denominator: 1 / 24. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability.

SBA loans sourceSBA data · Jun 30, 2026 ↗