Adam & Eve

$AEDVF500 #501

CategoryRetail

SubcategoryMiscellaneous Retail Businesses

Founded1982

Completeness24/34 (71%)

Years in Business—

Began Franchising—

HQHillsborough, NC

Executives10

LinksWeb

Main Phone919-644-8100

Emailfranchising@adameve.com

FDD IssuedJune 24, 2025

Last UpdatedMay 20, 2026

FDD2025 🔒

Franchisor

AEFC, Inc. is a corporation formed in North Carolina in 2003, with no parent companies. PHE, Inc. is an affiliate that owns the trademarks. Key personnel include CEO David Keegan.

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Inside the full scorecard

FranDeals Score

34-box data-completeness and quality rating

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Franchisee Health Score

Operator-side financial health signal

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Fees & Investment

Franchise fee, royalty, total startup cost (Items 5–7)

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Financial Strength & Stability

Current ratio, debt/equity, ROE, margins (Item 21)

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Item 19 — Financial Performance

Average unit revenue, revenue spread, payback

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Unit Count & Growth

Systemwide units and multi-year growth (Item 20)

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Outlet Trajectory

Openings, closures, survival & turnover rates

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Executive Team

Officers and directors (Item 2)

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Franchisee Roster

Current and former franchisee operators

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Litigation & Disclosures

Item 3 legal matters, Item 4 bankruptcy

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News & Peer Comparison

Recent signals and category benchmarks

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