sneakybird Franchise Disclosure Document (FDD)

For analysts, attorneys, journalists, and prospective operators, the sneakybird FDD is primary-source research: a federally required disclosure running hundreds of pages, updated annually. We carry the 2023 edition — available for immediate purchase and download.

The Franchise Disclosure Document (FDD) is the standardized filing that franchise law in the United States requires of sneakybird before it can sell a franchise, revised at least once a year. Across 23 Items it discloses who runs the company, what a franchise costs to buy and operate, what each side must do, where a franchisee may operate, whether earnings claims are made, how many outlets exist, and the franchisor's financial statements.