Walk-On's Bistreaux & Bar franchise research

Investment by format

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

Investment sourceFDD p.19 ↗

Franchise fees and ongoing costs

Franchise fee

$30,000 to $60,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.

Royalty

5% · 5% of Gross Revenues, payable weekly (7-day period Thursday-Wednesday, due the following Monday by ACH)

Marketing contribution

2% (basis not captured; see original filing)

Technology fee

Up to $500 per month, not currently charged

Other fees

Not captured

Working capital (FDD Item 7)

$100,000 (standard footprint) to $60,000 (smaller footprint) for the first 3 months after opening, covering items such as payroll taxes, Continuing Royalties, System Advertising Contributions, professional/accounting fees, additional advertising, insurance, rent, repairs, misc. supplies, staff recruiting, taxes/licenses, and deposits/prepaid expenses.

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.19 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured

Yes

Metric / basis

Average and median yearly Gross Revenues (with low/high range); also average/median hourly wage cost as % of Gross Revenues (all segments), and average/median cost of food & beverages sold as % of Gross Revenues (affiliate-owned only)

Reporting period

Calendar year 2025

Sample

66 of 73 franchised Restaurants open for all of 2025 (7 opened during 2025 excluded); 4 of 5 affiliate-owned Restaurants open for all of 2025 (1 excluded); 70 system-wide Restaurants combined

Reported average

$4,420,387

Reported median

$4,403,505

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.56 ↗

Unit growth: Item 20

Reporting year

2025

Scope

franchised outlets

Starting outlets

73

Year-end outlets

73

Net change

+0

Derivation

ending minus starting outlets

Openings

7

Terminations

5

Non-renewals

0

Other closures

1

Reacquisitions

1

Transfers

0

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.60 ↗

SBA loan history

Loan activity

11 approvals

Activity window

FY2021-FY2026 YTD; snapshot 2026-06-30

Median SBA loan

$2,550,000

Median loan window

FY2023-FY2026 YTD through 2026-06-30

Median loan sample

3 loans

Historical charge-off share

Suppressed: fewer than 10 seasoned loans

Cohort

7(a) FY2010-2019 approvals

Numerator / denominator

1 / 4

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 ↗

Median loan amounts are financing context, not startup cost. The median window is separate from the seasoned charge-off cohort.

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does Walk-On's Bistreaux & Bar franchise cost?

standard footprint (5,000-7,000 sq ft, 180-290 seats): $2,051,300 to $6,577,500; smaller footprint (2,500-4,000 sq ft, 90-150 seats): $1,688,800 to $3,150,000 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $30,000 to $60,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.19 ↗

Franchise fee sourceFDD · page not captured ↗

How much do Walk-On's Bistreaux & Bar owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Average and median yearly Gross Revenues (with low/high range); also average/median hourly wage cost as % of Gross Revenues (all segments), and average/median cost of food & beverages sold as % of Gross Revenues (affiliate-owned only). Sample: 66 of 73 franchised Restaurants open for all of 2025 (7 opened during 2025 excluded); 4 of 5 affiliate-owned Restaurants open for all of 2025 (1 excluded); 70 system-wide Restaurants combined. Period: Calendar year 2025.

Item 19 performance sourceFDD p.56 ↗

What's the SBA charge-off rate for Walk-On's Bistreaux & Bar?

Suppressed: fewer than 10 seasoned loans; numerator / denominator: 1 / 4. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability. Median SBA loan: $2,550,000; window: FY2023-FY2026 YTD through 2026-06-30; sample: 3 loans. Median financing is not total investment.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median SBA loan sourceSBA data · Jun 30, 2026 ↗