Perkins

    Franchise research report · reviewed 2025 disclosure data

    Researching Perkins franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources
    Headquarters
    Atlanta, GA 30328
    Source: perkinsfranchising.com

    Perkins Restaurant & Bakery is a family restaurant and bakery franchise serving all-day breakfast, hearty meals, classic American dishes, and baked goods including pies, cookies, brownies, and Mammoth Muffins. Its customers include diners seeking breakfast, meals, desserts, and bakery items for occasions such as celebrations and brunch.

    Headline figures

    Quick facts

    How much does it cost to open a Perkins franchise?
    The Perkins Franchise Disclosure Document reports separate estimated initial investments by format: $579,390–$1,539,375 for non-traditional host facility total initial investment low (2025 FDD, Item 7, PDF p. 32); $1,539,375 for non-traditional host facility total initial investment high (2025 FDD, Item 7, PDF p. 32); $1,443,890–$3,581,375 for traditional unit total initial investment (4,000+ sq. ft.) low (2025 FDD, Item 7, PDF p. 28); $3,581,375 for traditional unit total initial investment (4,000+ sq. ft.) high (2025 FDD, Item 7, PDF p. 28); $1,313,890–$3,276,750 for traditional unit reduced-footprint total low (2025 FDD, Item 7, PDF p. 29); $3,276,750 for traditional unit reduced-footprint total high (2025 FDD, Item 7, PDF p. 29); $691,370–$1,899,750 for standalone griddle & go total low (2025 FDD, Item 7, PDF p. 31); $1,899,750 for standalone griddle & go total high (2025 FDD, Item 7, PDF p. 31). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    What is the Perkins initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $40,000 (2025 FDD, Item 5, PDF p. 16). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does Perkins charge?
    The disclosed ongoing royalty is $4 (2025 FDD, Item 6, PDF p. 19). The brand or advertising fund contribution is $1 (2025 FDD, Item 6, PDF p. 25). Other recurring fees are listed in Item 6. Details
    Does Perkins disclose financial performance (Item 19)?
    Yes. The Perkins FDD includes an Item 19 financial performance representation (2025 FDD, Item 19, PDF p. 78). 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

    1. 1The 2025 FDD (Item 7) estimates opening costs separately by format: $579,390 – $1,539,375 (Non-Traditional Host Facility total initial investment low); $1,539,375 (Non-Traditional Host Facility total initial investment high); $1,443,890 – $3,581,375 (Traditional Unit total initial investment (4,000+ sq. ft.) low); $3,581,375 (Traditional Unit total initial investment (4,000+ sq. ft.) high); $1,313,890 – $3,276,750 (Traditional Unit reduced-footprint total low); $3,276,750 (Traditional Unit reduced-footprint total high); $691,370 – $1,899,750 (Standalone Griddle & Go total low); $1,899,750 (Standalone Griddle & Go total high); several initial fee options apply.
    2. 2Item 19 covers 9 separate groups: other measures for 247 Franchised and company-owned combined locations; other measures for 168 Franchised Units locations; other measures for 187 Franchised Units locations; other measures for 80 Company-Owned Units locations; other measures for 80 Company-Owned Units locations; other measures for 267 Franchised and company-owned combined locations; other measures for 271 Franchised and company-owned combined locations; other measures for 191 Franchised Units locations; other measures for 79 Company-Owned Units 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 8 single-unit formats

    2025 FDD · Item 7

    Formats disclosed in Item 7 (8)

    Each format has its own total. The total depends on the format you choose.

    • Non-Traditional Host Facility total initial investment lowPDF p. 32$579,390 – $1,539,375
    • Standalone Griddle & Go total lowPDF p. 31$691,370 – $1,899,750
    • Traditional Unit reduced-footprint total lowPDF p. 29$1,313,890 – $3,276,750
    • Traditional Unit total initial investment (4,000+ sq. ft.) lowPDF p. 28$1,443,890 – $3,581,375
    • Non-Traditional Host Facility total initial investment highPDF p. 32$1,539,375
    • Standalone Griddle & Go total highPDF p. 31$1,899,750
    • Traditional Unit reduced-footprint total highPDF p. 29$3,276,750
    • Traditional Unit total initial investment (4,000+ sq. ft.) highPDF p. 28$3,581,375

    Standard single-unit franchise fee

    2025 FDD · Item 5 · PDF p. 16
    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.

    Royalty rateMain ongoing fee

    61 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?

    9 separate populations, shown apart. Revenue is not owner income.

    Locations counted: not stated in the reviewed record

    Other measures · 247 locations

    Who is counted
    Table 1 Perkins Total System — 2024
    Period
    2024
    Excluded
    15 Units excluded (12 franchised, 3 company-owned); included units open Dec 31, 2024 and at least 50% of year.
    Method
    Historical Net Sales table; company-owned data from internal operating records; franchise data provided by franchisees and unaudited.

    Locations counted: not stated in the reviewed record

    Other measures · 168 locations

    Who is counted
    Table 2 Perkins Franchised Restaurants — 2024
    Period
    2024
    Excluded
    12 Units excluded; includes 6 Canadian units.
    Method
    Historical Net Sales table; company-owned data from internal operating records; franchise data provided by franchisees and unaudited.

    Locations counted: not stated in the reviewed record

    Other measures · 187 locations

    Who is counted
    Table 5 Perkins Franchised Restaurants — 2023
    Period
    2023
    Excluded
    5 Units excluded.
    Method
    Historical Net Sales table; company-owned data from internal operating records; franchise data provided by franchisees and unaudited.

    Locations counted: not stated in the reviewed record

    Other measures · 80 locations

    Who is counted
    Table 6 Perkins Company-Owned Restaurants — 2023
    Period
    2023
    Excluded
    1 Unit excluded.
    Method
    Historical Net Sales table; company-owned data from internal operating records; franchise data provided by franchisees and unaudited.

    Locations counted: not stated in the reviewed record

    Other measures · 80 locations

    Who is counted
    Table 9 Perkins Company-Owned Restaurants — 2022
    Period
    2022
    Excluded
    3 Units excluded.
    Method
    Historical Net Sales table; company-owned data from internal operating records; franchise data provided by franchisees and unaudited.

    Locations counted: not stated in the reviewed record

    Other measures · 267 locations

    Who is counted
    Table 4 Perkins Total System — 2023
    Period
    2023
    Excluded
    6 Units excluded (5 franchised, 1 company-owned); includes 5 Canadian franchise units.
    Method
    Historical Net Sales table; company-owned data from internal operating records; franchise data provided by franchisees and unaudited.

    Locations counted: not stated in the reviewed record

    Other measures · 271 locations

    Who is counted
    Table 7 Perkins Total System — 2022
    Period
    2022
    Excluded
    10 Units excluded (7 franchised, 3 company-owned); includes 7 Canadian franchise units.
    Method
    Historical Net Sales table; company-owned data from internal operating records; franchise data provided by franchisees and unaudited.

    Locations counted: not stated in the reviewed record

    Other measures · 191 locations

    Who is counted
    Table 8 Perkins Franchised Restaurants — 2022
    Period
    2022
    Excluded
    7 Units excluded.
    Method
    Historical Net Sales table; company-owned data from internal operating records; franchise data provided by franchisees and unaudited.

    Locations counted: not stated in the reviewed record

    Other measures · 79 locations

    Who is counted
    Table 3 Perkins Company-Owned Restaurants — 2024
    Period
    2024
    Excluded
    3 Units excluded.
    Method
    Historical Net Sales table; company-owned data from internal operating records; franchise data provided by franchisees and 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.

    2025 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 2025 Item 7 estimate ($579,390 – $3,581,375) 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 (2025 FDD)

    1. [1]Standard initial franchise fee — Item 5 · PDF p. 16
    2. [2]Item 19 — Locations counted not stated in the reviewed record — Table 1 Perkins Total System — 2024 · PDF p. 78
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Table 2 Perkins Franchised Restaurants — 2024 · PDF p. 78
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Table 5 Perkins Franchised Restaurants — 2023 · PDF p. 79
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Table 6 Perkins Company-Owned Restaurants — 2023 · PDF p. 79
    6. [6]Item 19 — Locations counted not stated in the reviewed record — Table 9 Perkins Company-Owned Restaurants — 2022 · PDF p. 80
    7. [7]Item 19 — Locations counted not stated in the reviewed record — Table 4 Perkins Total System — 2023 · PDF p. 79
    8. [8]Item 19 — Locations counted not stated in the reviewed record — Table 7 Perkins Total System — 2022 · PDF p. 80
    9. [9]Item 19 — Locations counted not stated in the reviewed record — Table 8 Perkins Franchised Restaurants — 2022 · PDF p. 80
    10. [10]Item 19 — Locations counted not stated in the reviewed record — Table 3 Perkins Company-Owned Restaurants — 2024 · PDF p. 78

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.

    Territory & operations

    No territory or operating requirements have been reviewed yet.

    283 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.

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2025net loss-$487
    2025total assets$173,594
    2025total liabilities$140,363
    2025total revenues$191,524
    2025net cash provided by operating activities$1,862
    2024total assets$179,826
    2024total liabilities$146,108
    2024total revenues$200,215
    2024net income$7,613
    2024net cash provided by operating activities$18,671

    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

    Not reviewed

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.