Dunkin'
Franchise research report · reviewed 2026 disclosure data
Researching Dunkin' franchise opportunities? Every figure below is cited to the FDD.
Dunkin' serves coffee, espresso drinks, donuts, bagels, sandwiches and other bakery and snack items. Its stores offer food and beverages for breakfast and other occasions, with digital ordering options.
Headline figures
Quick facts
- How much does it cost to open a Dunkin' franchise?
- The Dunkin' Franchise Disclosure Document reports separate estimated initial investments by format: $142,000–$862,500 for total (notes 12-14) — low end (2026 FDD, Item 7, PDF p. 56); $25,900–$215,000 for lump sum monthly and as incurred us or third parties subtotal — low end (2026 FDD, Item 7, PDF p. 55); $462,500–$1,465,500 for lump sum or financed before opening third parties subtotal — low end (2026 FDD, Item 7, PDF p. 52); $29,900–$277,000 for lump sum monthly and as incurred us or third parties subtotal — low end (2026 FDD, Item 7, PDF p. 53); $532,400–$1,832,500 for total (notes 12-14) — low end (2026 FDD, Item 7, PDF p. 53); $40,000–$90,000 for lump sum upon signing franchise agreement us subtotal — low end (2026 FDD, Item 7, PDF p. 53); $373,100–$990,500 for lump sum or financed before opening third parties subtotal — low end (2026 FDD, Item 7, PDF p. 53); $29,900–$253,000 for lump sum monthly and as incurred us or third parties subtotal — low end (2026 FDD, Item 7, PDF p. 54); $443,000–$1,333,500 for total (notes 12-14) — low end (2026 FDD, Item 7, PDF p. 54); $10,000–$45,000 for lump sum upon signing franchise agreement us subtotal — low end (2026 FDD, Item 7, PDF p. 54); $180,500–$805,500 for lump sum or financed before opening third parties subtotal — low end (2026 FDD, Item 7, PDF p. 55); $216,400–$1,065,500 for total (notes 12-14) — low end (2026 FDD, Item 7, PDF p. 55); $20,000–$45,000 for lump sum upon signing franchise agreement us subtotal — low end (2026 FDD, Item 7, PDF p. 55); $96,500–$602,500 for lump sum or financed before opening third parties subtotal — low end (2026 FDD, Item 7, PDF p. 56); $25,500–$215,000 for lump sum monthly and as incurred us or third parties subtotal — low end (2026 FDD, Item 7, PDF p. 56). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
- What is the Dunkin' initial franchise fee?
- The disclosed initial franchise fee for a standard single unit is $40,000 (2026 FDD, Item 5, PDF p. 35). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
- What ongoing fees does Dunkin' charge?
- The disclosed ongoing royalty is $6 (2026 FDD, Item 6, PDF p. 44). The brand or advertising fund contribution is $3 (2026 FDD, Item 6, PDF p. 44). Other recurring fees are listed in Item 6. Details
- Does Dunkin' disclose financial performance (Item 19)?
- Yes. The Dunkin' FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 97). Figures apply only to the locations and period each one covers. Details
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1The 2026 FDD (Item 7) estimates opening costs separately by format: $142,000 – $862,500 (TOTAL (Notes 12-14) — low end); $25,900 – $215,000 (Lump Sum Monthly and As Incurred Us or Third Parties Subtotal — low end); $462,500 – $1,465,500 (Lump Sum or Financed Before Opening Third Parties Subtotal — low end); $29,900 – $277,000 (Lump Sum Monthly and As Incurred Us or Third Parties Subtotal — low end); $532,400 – $1,832,500 (TOTAL (Notes 12-14) — low end); $40,000 – $90,000 (Lump Sum Upon signing Franchise Agreement Us Subtotal — low end); $373,100 – $990,500 (Lump Sum or Financed Before Opening Third Parties Subtotal — low end); $29,900 – $253,000 (Lump Sum Monthly and As Incurred Us or Third Parties Subtotal — low end); $443,000 – $1,333,500 (TOTAL (Notes 12-14) — low end); $10,000 – $45,000 (Lump Sum Upon signing Franchise Agreement Us Subtotal — low end); $180,500 – $805,500 (Lump Sum or Financed Before Opening Third Parties Subtotal — low end); $216,400 – $1,065,500 (TOTAL (Notes 12-14) — low end); $20,000 – $45,000 (Lump Sum Upon signing Franchise Agreement Us Subtotal — low end); $96,500 – $602,500 (Lump Sum or Financed Before Opening Third Parties Subtotal — low end); $25,500 – $215,000 (Lump Sum Monthly and As Incurred Us or Third Parties Subtotal — low end); several initial fee options apply.
- 2Item 19 covers 13 separate groups: other measures for 1,752 franchisee-owned locations; other measures for 1,753 franchisee-owned locations; other measures for 1,753 franchisee-owned locations; other measures for 1,752 franchisee-owned locations; other measures for 416 franchisee-owned locations; other measures for 4,161 franchisee-owned locations; other measures for 5,592 franchisee-owned locations; other measures for 7,010 franchisee-owned locations; other measures for 3,169 franchisee-owned locations; other measures for 2,423 franchisee-owned locations; other measures for 900 franchisee-owned locations; other measures for 102 franchisee-owned locations; other measures for 1,431 franchisee-owned locations. They are not combined.
From reviewed FDD figures only. Not a recommendation or projection.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Range across 15 single-unit formats
2026 FDD · Item 7
Formats disclosed in Item 7 (15)
Each format has its own total. The total depends on the format you choose.
- Lump Sum Upon signing Franchise Agreement Us Subtotal — low endPDF p. 54$10,000 – $45,000
- Lump Sum Upon signing Franchise Agreement Us Subtotal — low endPDF p. 55$20,000 – $45,000
- Lump Sum Monthly and As Incurred Us or Third Parties Subtotal — low endPDF p. 56$25,500 – $215,000
- Lump Sum Monthly and As Incurred Us or Third Parties Subtotal — low endPDF p. 55$25,900 – $215,000
- Lump Sum Monthly and As Incurred Us or Third Parties Subtotal — low endPDF p. 53$29,900 – $277,000
- Lump Sum Monthly and As Incurred Us or Third Parties Subtotal — low endPDF p. 54$29,900 – $253,000
- Lump Sum Upon signing Franchise Agreement Us Subtotal — low endPDF p. 53$40,000 – $90,000
- Lump Sum or Financed Before Opening Third Parties Subtotal — low endPDF p. 56$96,500 – $602,500
- TOTAL (Notes 12-14) — low endPDF p. 56$142,000 – $862,500
- Lump Sum or Financed Before Opening Third Parties Subtotal — low endPDF p. 55$180,500 – $805,500
- TOTAL (Notes 12-14) — low endPDF p. 55$216,400 – $1,065,500
- Lump Sum or Financed Before Opening Third Parties Subtotal — low endPDF p. 53$373,100 – $990,500
- TOTAL (Notes 12-14) — low endPDF p. 54$443,000 – $1,333,500
- Lump Sum or Financed Before Opening Third Parties Subtotal — low endPDF p. 52$462,500 – $1,465,500
- TOTAL (Notes 12-14) — low endPDF p. 53$532,400 – $1,832,500
Standard single-unit franchise fee
2026 FDD · Item 5 · PDF p. 35
Discounted and multi-unit options are separate; see all fees.
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
- Continuing Franchise Fee rateMain ongoing fee
26 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
13 separate populations, shown apart. Revenue is not owner income.
Locations counted: not stated in the reviewed record
Other measures · 1,752 locations
- Who is counted
- 2025 Franchised Restaurants; 1st Quartile
- Period
- highest AUV
- Excluded
- Excluded 314 locations first opened in 2025, 1,261 closed for extended periods, 36 multi-brand locations, 111 self-serve locations, 25 part-time/non-typical schedule locations, 81 locations that closed during 2025, all company-owned restaurants, and 1,219 Combo Restaurants.
- Method
- AUVs obtained from franchisee sales reports and franchisee POS data; unaudited.
Locations counted: not stated in the reviewed record
Other measures · 1,753 locations
- Who is counted
- 2025 Franchised Restaurants; 2nd Quartile
- Period
- percent above average
- Excluded
- Excluded 314 locations first opened in 2025, 1,261 closed for extended periods, 36 multi-brand locations, 111 self-serve locations, 25 part-time/non-typical schedule locations, 81 locations that closed during 2025, all company-owned restaurants, and 1,219 Combo Restaurants.
- Method
- AUVs obtained from franchisee sales reports and franchisee POS data; unaudited.
Locations counted: not stated in the reviewed record
Other measures · 1,753 locations
- Who is counted
- 2025 Franchised Restaurants; 4th Quartile
- Period
- average AUV
- Excluded
- Excluded 314 locations first opened in 2025, 1,261 closed for extended periods, 36 multi-brand locations, 111 self-serve locations, 25 part-time/non-typical schedule locations, 81 locations that closed during 2025, all company-owned restaurants, and 1,219 Combo Restaurants.
- Method
- AUVs obtained from franchisee sales reports and franchisee POS data; unaudited.
Locations counted: not stated in the reviewed record
Other measures · 1,752 locations
- Who is counted
- 2025 Franchised Restaurants; 3rd Quartile
- Period
- average AUV
- Excluded
- Excluded 314 locations first opened in 2025, 1,261 closed for extended periods, 36 multi-brand locations, 111 self-serve locations, 25 part-time/non-typical schedule locations, 81 locations that closed during 2025, all company-owned restaurants, and 1,219 Combo Restaurants.
- Method
- AUVs obtained from franchisee sales reports and franchisee POS data; unaudited.
Locations counted: not stated in the reviewed record
Other measures · 416 locations
- Who is counted
- 2025 Franchised Restaurants by site type and venue; Non-traditional other
- Period
- highest AUV
- Excluded
- Excluded 314 locations first opened in 2025, 1,261 closed for extended periods, 36 multi-brand locations, 111 self-serve locations, 25 part-time/non-typical schedule locations, 81 locations that closed during 2025, all company-owned restaurants, and 1,219 Combo Restaurants.
- Method
- AUVs obtained from franchisee sales reports and franchisee POS data; unaudited.
Locations counted: not stated in the reviewed record
Other measures · 4,161 locations
- Who is counted
- 2025 traditional Franchised Restaurants by drive-thru status; Drive-thru
- Period
- percent above average
- Excluded
- Excluded 314 locations first opened in 2025, 1,261 closed for extended periods, 36 multi-brand locations, 111 self-serve locations, 25 part-time/non-typical schedule locations, 81 locations that closed during 2025, all company-owned restaurants, and 1,219 Combo Restaurants.
- Method
- AUVs obtained from franchisee sales reports and franchisee POS data; unaudited.
Locations counted: not stated in the reviewed record
Other measures · 5,592 locations
- Who is counted
- Traditional 2025 Franchised Restaurants
- Period
- traditional restaurants
- Excluded
- Excluded 314 locations first opened in 2025, 1,261 closed for extended periods, 36 multi-brand locations, 111 self-serve locations, 25 part-time/non-typical schedule locations, 81 locations that closed during 2025, all company-owned restaurants, and 1,219 Combo Restaurants.
- Method
- AUVs obtained from franchisee sales reports and franchisee POS data; unaudited.
Locations counted: not stated in the reviewed record
Other measures · 7,010 locations
- Who is counted
- 2025 Franchised Restaurants; All Restaurants
- Period
- number above average
- Excluded
- Excluded 314 locations first opened in 2025, 1,261 closed for extended periods, 36 multi-brand locations, 111 self-serve locations, 25 part-time/non-typical schedule locations, 81 locations that closed during 2025, all company-owned restaurants, and 1,219 Combo Restaurants.
- Method
- AUVs obtained from franchisee sales reports and franchisee POS data; unaudited.
Locations counted: not stated in the reviewed record
Other measures · 3,169 locations
- Who is counted
- 2025 Franchised Restaurants by site type and venue; Traditional/free-standing pad or building
- Period
- highest AUV
- Excluded
- Excluded 314 locations first opened in 2025, 1,261 closed for extended periods, 36 multi-brand locations, 111 self-serve locations, 25 part-time/non-typical schedule locations, 81 locations that closed during 2025, all company-owned restaurants, and 1,219 Combo Restaurants.
- Method
- AUVs obtained from franchisee sales reports and franchisee POS data; unaudited.
Locations counted: not stated in the reviewed record
Other measures · 2,423 locations
- Who is counted
- 2025 Franchised Restaurants by site type and venue; Traditional/other
- Period
- median AUV
- Excluded
- Excluded 314 locations first opened in 2025, 1,261 closed for extended periods, 36 multi-brand locations, 111 self-serve locations, 25 part-time/non-typical schedule locations, 81 locations that closed during 2025, all company-owned restaurants, and 1,219 Combo Restaurants.
- Method
- AUVs obtained from franchisee sales reports and franchisee POS data; unaudited.
Locations counted: not stated in the reviewed record
Other measures · 900 locations
- Who is counted
- 2025 Franchised Restaurants by site type and venue; Non-traditional gas or C-store
- Period
- lowest AUV
- Excluded
- Excluded 314 locations first opened in 2025, 1,261 closed for extended periods, 36 multi-brand locations, 111 self-serve locations, 25 part-time/non-typical schedule locations, 81 locations that closed during 2025, all company-owned restaurants, and 1,219 Combo Restaurants.
- Method
- AUVs obtained from franchisee sales reports and franchisee POS data; unaudited.
Locations counted: not stated in the reviewed record
Other measures · 102 locations
- Who is counted
- 2025 Franchised Restaurants by site type and venue; Non-traditional airport
- Period
- number of restaurants
- Excluded
- Excluded 314 locations first opened in 2025, 1,261 closed for extended periods, 36 multi-brand locations, 111 self-serve locations, 25 part-time/non-typical schedule locations, 81 locations that closed during 2025, all company-owned restaurants, and 1,219 Combo Restaurants.
- Method
- AUVs obtained from franchisee sales reports and franchisee POS data; unaudited.
Locations counted: not stated in the reviewed record
Other measures · 1,431 locations
- Who is counted
- 2025 traditional Franchised Restaurants by drive-thru status; No drive-thru
- Period
- lowest AUV
- Excluded
- Excluded 314 locations first opened in 2025, 1,261 closed for extended periods, 36 multi-brand locations, 111 self-serve locations, 25 part-time/non-typical schedule locations, 81 locations that closed during 2025, all company-owned restaurants, and 1,219 Combo Restaurants.
- Method
- AUVs obtained from franchisee sales reports and franchisee POS data; unaudited.
These groups are never combined.
Outlet Changes — Item 20
How has the outlet count changed?
Coverage not stated in the reviewed record · counts as of year end of each year.
2026 FDD · Item 20 ·
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2026 Item 7 estimate ($10,000 – $1,832,500) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Which locations are included in the Item 19 figures, and which were excluded?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
How do your results compare with the Item 19 figures, and what explains the difference?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2026 FDD)
- [1]Standard initial franchise fee — Item 5 · PDF p. 35
- [2]Item 19 — Locations counted not stated in the reviewed record — 2025 Franchised Restaurants; 1st Quartile · PDF p. 97
- [3]Item 19 — Locations counted not stated in the reviewed record — 2025 Franchised Restaurants; 2nd Quartile · PDF p. 97
- [4]Item 19 — Locations counted not stated in the reviewed record — 2025 Franchised Restaurants; 4th Quartile · PDF p. 97
- [5]Item 19 — Locations counted not stated in the reviewed record — 2025 Franchised Restaurants; 3rd Quartile · PDF p. 97
- [6]Item 19 — Locations counted not stated in the reviewed record — 2025 Franchised Restaurants by site type and venue; Non-traditional other · PDF p. 97
- [7]Item 19 — Locations counted not stated in the reviewed record — 2025 traditional Franchised Restaurants by drive-thru status; Drive-thru · PDF p. 97
- [8]Item 19 — Locations counted not stated in the reviewed record — Traditional 2025 Franchised Restaurants · PDF p. 98
- [9]Item 19 — Locations counted not stated in the reviewed record — 2025 Franchised Restaurants; All Restaurants · PDF p. 97
- [10]Item 19 — Locations counted not stated in the reviewed record — 2025 Franchised Restaurants by site type and venue; Traditional/free-standing p… · PDF p. 97
- [11]Item 19 — Locations counted not stated in the reviewed record — 2025 Franchised Restaurants by site type and venue; Traditional/other · PDF p. 97
- [12]Item 19 — Locations counted not stated in the reviewed record — 2025 Franchised Restaurants by site type and venue; Non-traditional gas or C-st… · PDF p. 97
- [13]Item 19 — Locations counted not stated in the reviewed record — 2025 Franchised Restaurants by site type and venue; Non-traditional airport · PDF p. 97
- [14]Item 19 — Locations counted not stated in the reviewed record — 2025 traditional Franchised Restaurants by drive-thru status; No drive-thru · PDF p. 97
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD
Territory & operations
5,396 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| 2025 | total revenues | $1,398,356 |
| 2025 | franchise advertising expenses | $597,779 |
| 2025 | amortization of intangible assetsMore than one value recorded for this year — open the FDD source before comparing | $60,885 |
| 2025 | other operating costs and expenses | $653 |
| 2025 | operating income | $739,039 |
| 2025 | other income, net | $189 |
| 2025 | income before income taxes | $739,228 |
| 2025 | income tax expense | $6,318 |
| 2025 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $732,910 |
| 2025 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $732,910 |
| 2025 | accounts and notes receivable | -$41,839 |
| 2025 | other assetsMore than one value recorded for this year — open the FDD source before comparing | -$562 |
| 2025 | change in accounts payable and accrued expenses | $243 |
| 2025 | deferred revenueMore than one value recorded for this year — open the FDD source before comparing | $47,573 |
| 2025 | other liabilitiesMore than one value recorded for this year — open the FDD source before comparing | -$10 |
| 2025 | net cash provided by operating activities | $813,295 |
| 2025 | distributions to parent, net | -$813,303 |
| 2025 | net cash used in financing activities | -$813,303 |
| 2025 | net increase | -$8 |
| 2025 | restricted cash and cash equivalents, beginning of period | $3,010 |
| 2025 | restricted cash and cash equivalents, end of period | $3,002 |
| 2025 | restricted cash and cash equivalents | $3,002 |
| 2025 | total liabilities and member's equity | $1,571,509 |
| 2025 | franchise fees and royalty revenues | $793,158 |
| 2025 | franchise contributions for advertising | $597,779 |
| 2025 | other revenues | $7,419 |
| 2025 | other assetsMore than one value recorded for this year — open the FDD source before comparing | $668 |
| 2025 | total current liabilities | $54,451 |
| 2025 | accounts and notes receivable, net | $114,438 |
| 2025 | deferred revenueMore than one value recorded for this year — open the FDD source before comparing | $186,266 |
| 2025 | current portion of deferred revenue | $9,253 |
| 2025 | total current assets | $117,440 |
| 2025 | intangible assets, net | $1,453,401 |
| 2025 | total assets | $1,571,509 |
| 2025 | accounts payable and accrued expenses | $2,899 |
| 2025 | advertising due to affiliatesMore than one value recorded for this year — open the FDD source before comparing | $42,299 |
| 2025 | other liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $35 |
| 2025 | total liabilities | $240,752 |
| 2025 | member's equity | $1,330,757 |
| 2025 | total costs and expenses | $659,317 |
| 2025 | advertising due to affiliatesMore than one value recorded for this year — open the FDD source before comparing | $14,280 |
| 2025 | provision for | -$185 |
| 2025 | amortization of intangible assetsMore than one value recorded for this year — open the FDD source before comparing | $60,885 |
| 2024 | total revenues | $1,359,143 |
| 2024 | franchise advertising expenses | $596,461 |
| 2024 | amortization of intangible assetsMore than one value recorded for this year — open the FDD source before comparing | $60,885 |
| 2024 | other operating costs and expenses | $2,840 |
| 2024 | total costs and expenses | $660,186 |
| 2024 | operating income | $698,957 |
| 2024 | other income, net | $55 |
| 2024 | income before income taxes | $699,012 |
| 2024 | income tax expense | $6,068 |
| 2024 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $692,944 |
| 2024 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $692,944 |
| 2024 | amortization of intangible assetsMore than one value recorded for this year — open the FDD source before comparing | $60,885 |
| 2024 | provision for | $2,350 |
| 2024 | accounts and notes receivable | -$11,590 |
| 2024 | other assetsMore than one value recorded for this year — open the FDD source before comparing | $38 |
| 2024 | accounts payable and accrued expensesMore than one value recorded for this year — open the FDD source before comparing | -$110 |
| 2024 | deferred revenueMore than one value recorded for this year — open the FDD source before comparing | $28,848 |
| 2024 | other liabilitiesMore than one value recorded for this year — open the FDD source before comparing | -$576 |
| 2024 | net cash provided by operating activities | $777,568 |
| 2024 | distributions to parent, net | -$777,574 |
| 2024 | net cash used in financing activities | -$777,574 |
| 2024 | net increase | -$6 |
| 2024 | restricted cash and cash equivalents, beginning of period | $3,016 |
| 2024 | restricted cash and cash equivalents, end of period | $3,010 |
| 2024 | restricted cash and cash equivalents | $3,010 |
| 2024 | total liabilities and member's equity | $1,589,816 |
| 2024 | franchise fees and royalty revenues | $756,620 |
| 2024 | other revenues | $6,062 |
| 2024 | accounts and notes receivable, net | $72,414 |
| 2024 | other liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $45 |
| 2024 | franchise contributions for advertising | $596,461 |
| 2024 | total assets | $1,589,816 |
| 2024 | total liabilities | $178,666 |
| 2024 | member's equity | $1,411,150 |
| 2024 | total current assets | $75,424 |
| 2024 | intangible assets, net | $1,514,286 |
| 2024 | other assetsMore than one value recorded for this year — open the FDD source before comparing | $106 |
| 2024 | accounts payable and accrued expensesMore than one value recorded for this year — open the FDD source before comparing | $2,656 |
| 2024 | current portion of deferred revenue | $9,100 |
| 2024 | advertising due to affiliatesMore than one value recorded for this year — open the FDD source before comparing | $28,019 |
| 2024 | total current liabilities | $39,775 |
| 2024 | deferred revenueMore than one value recorded for this year — open the FDD source before comparing | $138,846 |
| 2024 | advertising due to affiliatesMore than one value recorded for this year — open the FDD source before comparing | $4,779 |
| 2023 | total revenues | $1,297,986 |
| 2023 | franchise advertising expenses | $568,463 |
| 2023 | amortization of intangible assetsMore than one value recorded for this year — open the FDD source before comparing | $60,885 |
| 2023 | other operating costs and expenses | $922 |
| 2023 | total costs and expenses | $630,270 |
| 2023 | operating income | $667,716 |
| 2023 | other income, net | $105 |
| 2023 | income before income taxes | $667,821 |
| 2023 | income tax expense | $5,983 |
| 2023 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $661,838 |
| 2023 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $661,838 |
| 2023 | provision for | $579 |
| 2023 | accounts and notes receivable | -$10,041 |
| 2023 | other assets | $126 |
| 2023 | advertising due to affiliates | $1,828 |
| 2023 | accounts payable and accrued expenses | $52 |
| 2023 | deferred revenue | $33,302 |
| 2023 | other liabilities | -$376 |
| 2023 | net cash provided by operating activities | $748,193 |
| 2023 | distributions to parent, net | -$748,186 |
| 2023 | net cash used in financing activities | -$748,186 |
| 2023 | net increase | $7 |
| 2023 | restricted cash and cash equivalents, beginning of period | $3,009 |
| 2023 | restricted cash and cash equivalents, end of period | $3,016 |
| 2023 | franchise fees and royalty revenues | $723,575 |
| 2023 | franchise contributions for advertising | $568,463 |
| 2023 | other revenues | $5,948 |
| 2023 | amortization of intangible assetsMore than one value recorded for this year — open the FDD source before comparing | $60,885 |
These figures describe the franchisor company, not individual franchise locations.
SBA-backed loans to franchisees
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Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Reader notes on wording
Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.
Item 21 · PDF p. 128 · 2026 FDD
Our summary: Amortization of intangible assets — 2024
“Amortization of intangible assets 60,885 60,885 60,885”
Note: This is a state-specific Item 20 row. The review is limited to systemwide/national Total rows.
Item 21 · PDF p. 128 · 2026 FDD
Our summary: Provision for (recoveries from) credit losses — 2025
“Provision for (recoveries from) credit losses (185) 2,350 579”
Note: This is a state-specific Item 20 row. The review is limited to systemwide/national Total rows.
Item 21 · PDF p. 128 · 2026 FDD
Our summary: Amortization of intangible assets — 2023
“Amortization of intangible assets 60,885 60,885 60,885”
Note: This is a state-specific Item 20 row. The review is limited to systemwide/national Total rows.
Item 21 · PDF p. 128 · 2026 FDD
Our summary: Amortization of intangible assets — 2025
“Amortization of intangible assets 60,885 60,885 60,885”
Note: This is a state-specific Item 20 row. The review is limited to systemwide/national Total rows.
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.
