Franchise Facts Report → compare → Proforma vs Schooley Mitchell
Proforma vs Schooley Mitchell
Two other franchises, compared on the numbers their own Franchise Disclosure Documents put on record — investment, fees, Item 19 earnings, outlet churn, and litigation. Not marketing copy.
| Proforma | Schooley Mitchell | |
|---|---|---|
| Total initial investment FDD Item 7 | $7,030 – $27,695 | — |
| Initial franchise fee FDD Item 5 | — | $250,000 |
| Royalty FDD Item 6 | — | 8% |
| Item 19 earnings disclosed FDD Item 19 | Not disclosed | Not disclosed |
| Avg unit revenue (headline) FDD Item 19 | — | — |
| Franchised outlets FDD Item 20 | 461 | 201 |
| Net outlet change (latest yr) FDD Item 20 | -22 | +7 |
| Closure rate FDD Item 20 | 4.8% | — |
| Franchisee lawsuits FDD Item 3 | 0 | disclosed |
| Risk level our read | Medium | Medium |
| FDD year registration | 2025 | 2024 |
Are Proforma and Schooley Mitchell the same company?
No — Proforma and Schooley Mitchell are franchised by separate companies. Proforma's franchisor is PFG VENTURES, L.P; Schooley Mitchell's is 1073355 Ontario Limited. Each registers and files its own Franchise Disclosure Document, and you would be signing with a different entity depending on which you chose. Note that a registry filing names the franchisor, not necessarily its ultimate parent — two brands owned by the same parent company can still have separate franchisors.
Cost to open
Both brands disclose their total initial investment in FDD Item 7: $7,030 – $27,695 for Proforma, see FDD for Schooley Mitchell.
How much does each make? (Item 19)
Neither Proforma nor Schooley Mitchell makes an Item 19 financial performance representation in its most recent FDD — neither franchisor discloses what units earn. Any earnings claim you hear for either brand is not backed by the disclosure document.
Closures & failure rate
Proforma reports 461 franchised outlets, net change -22 in the latest reported year, a 4.8% closure rate (FDD Item 20). Schooley Mitchell reports 201 franchised outlets, net change +7 in the latest reported year (FDD Item 20). Outlet churn — closures, terminations, non-renewals — is the closest thing an FDD has to a failure rate.
Litigation
Proforma discloses no franchisee-initiated proceedings in FDD Item 3. Schooley Mitchell discloses litigation in FDD Item 3 (each case is described there).
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Proforma vs Schooley Mitchell — frequently asked
Are Proforma and Schooley Mitchell the same company?
No — Proforma and Schooley Mitchell are franchised by separate companies. Proforma's franchisor is PFG VENTURES, L.P; Schooley Mitchell's is 1073355 Ontario Limited. Each registers and files its own Franchise Disclosure Document, and you would be signing with a different entity depending on which you chose. Note that a registry filing names the franchisor, not necessarily its ultimate parent — two brands owned by the same parent company can still have separate franchisors.
What is the difference between Proforma and Schooley Mitchell?
Proforma and Schooley Mitchell are other franchises from different franchisors (PFG VENTURES, L.P and 1073355 Ontario Limited). Both brands disclose their total initial investment in FDD Item 7: $7,030 – $27,695 for Proforma, see FDD for Schooley Mitchell. Neither Proforma nor Schooley Mitchell makes an Item 19 financial performance representation in its most recent FDD — neither franchisor discloses what units earn. Any earnings claim you hear for either brand is not backed by the disclosure document.
Is Proforma more profitable than Schooley Mitchell?
Neither Proforma nor Schooley Mitchell makes an Item 19 financial performance representation in its most recent FDD — neither franchisor discloses what units earn. Any earnings claim you hear for either brand is not backed by the disclosure document.
Which is cheaper to open — Proforma or Schooley Mitchell?
Both brands disclose their total initial investment in FDD Item 7: $7,030 – $27,695 for Proforma, see FDD for Schooley Mitchell.
Is Proforma or Schooley Mitchell growing faster?
Proforma reports 461 franchised outlets, net change -22 in the latest reported year, a 4.8% closure rate (FDD Item 20). Schooley Mitchell reports 201 franchised outlets, net change +7 in the latest reported year (FDD Item 20).
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Figures are as disclosed in each brand's most recent registered FDD (Proforma 2025, Schooley Mitchell 2024). “—” means the FDD does not disclose it or the table did not parse cleanly — never an estimate.