Randy’s Donuts

    Franchise research report · reviewed 2026 disclosure data

    Reviewed sources
    Franchising since
    2019
    Source: franchise.org
    Headquarters
    Inglewood, CA United States
    Source: franchise.org

    Randy's Donuts franchise brings the iconic Los Angeles donut shop experience to franchisees, featuring the brand's famous giant rooftop donut sign and fresh-mad

    Headline figures

    Randy’s Donuts quick facts

    Is Randy’s Donuts a franchise?
    Yes. Randy’s Donuts offers franchises through a Franchise Disclosure Document. At the end of 2025, it reported 15 franchised and 12 company-owned outlets (2026 FDD, Item 20, PDF p. 81).
    How much does it cost to open a Randy’s Donuts franchise?
    The Randy’s Donuts Franchise Disclosure Document reports separate estimated initial investments by format: $354,500 for in-line own baking combined total range low (2026 FDD, Item 7, PDF p. 25); $532,500–$661,500 for drive-thru own baking combined total range low (2026 FDD, Item 7, PDF p. 30); $252,500–$451,500 for in-line nonbaking total range low (2026 FDD, Item 7, PDF p. 24); $400,500–$661,500 for drive-thru nonbaking total range low (2026 FDD, Item 7, PDF p. 30); $425,000–$506,000 for standalone commissary total range low (2026 FDD, Item 7, PDF p. 35). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    What ongoing fees does Randy’s Donuts charge?
    The disclosed ongoing royalty is 5% (2026 FDD, Item 6, PDF p. 15). The brand or advertising fund contribution is 1.5% (2026 FDD, Item 6, PDF p. 15). Other recurring fees are listed in Item 6. Details
    Does Randy’s Donuts disclose financial performance (Item 19)?
    Yes. The Randy’s Donuts FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 80). Figures apply only to the locations and period each one covers. Details
    How many Randy’s Donuts locations are there?
    The FDD reports 27 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 81). Existing locations do not indicate territory availability. Details
    Is Randy’s Donuts a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1The 2026 FDD (Item 7) estimates opening costs separately by format: $354,500 (In-line own baking combined total range low); $532,500 – $661,500 (Drive-thru own baking combined total range low); $252,500 – $451,500 (In-line nonbaking total range low); $400,500 – $661,500 (Drive-thru nonbaking total range low); $425,000 – $506,000 (Standalone commissary total range low); several initial fee options apply.
    2. 2Item 19 covers 3 separate groups: revenue and other measures for 19 Mixed affiliate and franchised locations; revenue and other measures for 10 Affiliate-owned locations; revenue and other measures for 9 Franchised locations. They are not combined.
    3. 3Outlets grew by 4 in 2025, to 27 (United States, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Randy’s Donuts head-to-head

    Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.

    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 5 single-unit formats

    2026 FDD · Item 7

    Formats disclosed in Item 7 (7)

    Each format has its own total. The total depends on the format you choose; multi-unit packages are listed but not included in the headline range.

    • In-line nonbaking total range lowPDF p. 24$252,500 – $451,500
    • In-line own baking combined total range lowPDF p. 25$354,500
    • Drive-thru nonbaking total range lowPDF p. 30$400,500 – $661,500
    • Standalone commissary total range lowPDF p. 35$425,000 – $506,000
    • Drive-thru own baking combined total range lowPDF p. 30$532,500 – $661,500
    • In-line multi-shop commissary combined total range lowMulti-unitPDF p. 26$479,500 – $717,500
    • Drive-thru multiple shop commissary combined total range lowMulti-unitPDF p. 31$577,500 – $720,500

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Royalty weekly gross salesMain ongoing fee

    47 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?

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

    19 locations

    Revenue and other measures · 19 locations

    Who is counted
    10affiliate9franchised;6drive13inline
    Excluded
    Iconic Inglewood tourist shop, SantaAna transferred in2025,2CAkiosks(inclLAX),3newshopsCA/GA/NY excluded. Qualifying full-year drive/inline only.
    Method
    Actual reported gross sales, unaudited affiliate data and royalties reported by franchisees; amounts explicitly approximate; no costs deducted. Gross sales includes delivery/barter/business interruption proceeds, excludes taxes and permitted discounts.

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    United States, as labeled in the FDD · counts as of 2025-12-31 of each year.

    2026 FDD · Item 20 · PDF p. 81

    Net +12 outlets, 2023–2025

    0152023232024272025+8+4

    Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    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 ($252,500 – $661,500) 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?

    • Reported units went from 23 to 27 in 2025. How many new units opened, closed or changed hands?

    • 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. [1]Item 19 — Locations counted not stated in the reviewed record — 10affiliate9franchised;6drive13inline · PDF p. 80
    2. [2]Item 19 — Locations counted not stated in the reviewed record — 5drive5inline;CA7NV3 · PDF p. 80
    3. [3]Item 19 — Locations counted not stated in the reviewed record — 1drive8inline;AZ3CA5NV1(casino) · PDF p. 80
    4. [4]Outlet counts — Item 20, Table 1 · PDF p. 81

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

    Territory & operations

    17 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
    2025assets current assets cash and cash equivalents$1,508,942
    2025franchise royalties receivableMore than one value recorded for this year — open the FDD source before comparing$213,893
    2025franchise fees receivableMore than one value recorded for this year — open the FDD source before comparing$270,000
    2025shoot location fees receivableMore than one value recorded for this year — open the FDD source before comparing$26,000
    2025prepaid expensesMore than one value recorded for this year — open the FDD source before comparing$59,115
    2025prepaid foreign taxes$7,422
    2025total current assets$2,225,143
    2025deferred foreign taxes$31,582
    2025intangible asset$364,932
    2025accrued expensesMore than one value recorded for this year — open the FDD source before comparing$30,000
    2025due to affiliate$10,000
    2025current portion of deferred franchise fees$152,102

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

    Loading…

    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 20 · PDF p. 82 · 2026 FDD

      Our summary: Table 3 California 2025 — Start

      “2025 7 2 0 0 1 0 8”

      Note: This is a state-specific Item 20 row. The review is limited to systemwide/national Total rows.

    • Item 20 · PDF p. 82 · 2026 FDD

      Our summary: Table 3 California 2025 — Opened

      “2025 7 2 0 0 1 0 8”

      Note: This is a state-specific Item 20 row. The review is limited to systemwide/national Total rows.

    • Item 20 · PDF p. 82 · 2026 FDD

      Our summary: Table 3 California 2025 — Terminations

      “2025 7 2 0 0 1 0 8”

      Note: State-specific Item 20 row; this review verifies national/systemwide Total rows only.

    • Item 20 · PDF p. 82 · 2026 FDD

      Our summary: Table 3 California 2025 — Reacquired

      “2025 7 2 0 0 1 0 8”

      Note: This is state-specific or ownership-specific Item 20 data, not a national/systemwide Total row.

    • Item 20 · PDF p. 82 · 2026 FDD

      Our summary: Table 3 California 2024 — End

      “2024 5 2 0 0 0 0 7”

      Note: This is a state-specific Item 20 outlet figure. Item 20 checking is limited to systemwide or national Total rows.

    • Item 20 · PDF p. 82 · 2026 FDD

      Our summary: Table 3 California 2024 — Other ceased

      “2024 5 2 0 0 0 0 7”

      Note: This is a state-level Item 20 figure or an Item 20 ownership-category row without a systemwide Total label; the review scope permits only national/systemwide Total rows.

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

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