Operators of these brands run their back office on Kite Accounting, brand by brand.
Every franchise agreement charges its fees on its own definition, on its own calendar. Each page below sets out one brand’s — cited to the filing — and how its operators’ books go wrong.
Restaurant
Accounting for Wingstop franchisees
Royalty on Gross Sales, debited every Tuesday.
Accounting for Jersey Mike’s franchisees
Royalty on Gross Receipts, and two funds beside it.
Accounting for Church’s Chicken franchisees
Five and five, on every sale.
Accounting for Nothing Bundt Cakes franchisees
Royalty monthly, and gift cards that are sold before they are earned.
Accounting for Shipley Do-Nuts franchisees
A 5% royalty, a 1% co-op, and 2% you spend yourself.
Spa and salon
Accounting for Massage Envy franchisees
Weekly fees on memberships sold before they are used.
Accounting for European Wax Center franchisees
Fees on services, not on retail.
Accounting for Supercuts franchisees
Fees on services, and a royalty that steps up after year one.
Accounting for Cost Cutters franchisees
A royalty with a weekly floor, and a fund only partly collected.
Start with a few stores.
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