Franchise opportunities compared
Apply vs Randy’s Donuts
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
Initial investment · Item 7
Apply
$306,500 – $685,000
2025 FDD · Item 7Randy’s Donuts
$252,500 – $661,500
2026 FDD · Item 7Initial franchise fee · Item 5
Apply
Not available
Randy’s Donuts
Not available
Royalty · Item 6
Apply
5%
2025 FDD · Item 6 · PDF p. 21Randy’s Donuts
5%
2026 FDD · Item 6 · PDF p. 15Before you compare
- Apply figures come from its 2025 FDD and Randy’s Donuts figures from its 2026 FDD, so the years differ.
- Apply and Randy’s Donuts disclose more than one business format, so the investment range spans formats; the full report breaks them out.
- Item 19 figures cover the location groups each FDD names (Apply: 10, Randy’s Donuts: 3). Different groups are not directly comparable.
Financial commitment
Randy’s DonutsApply
Randy’s Donuts
Apply
Randy’s Donuts
Apply
Randy’s Donuts
Apply
Randy’s Donuts
System scale & health
Randy’s DonutsApply
Randy’s Donuts
Apply
Randy’s Donuts
Apply
Randy’s Donuts
Apply
Randy’s Donuts
Apply
Randy’s Donuts
Financial performance (Item 19), by location group
Randy’s DonutsItem 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.
Apply vs Randy’s Donuts: common questions
- Which costs less to open, Apply or Randy’s Donuts?
- Apply: $306,500 – $685,000 (2025 FDD · Item 7); Randy’s Donuts: $252,500 – $661,500 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Randy’s Donuts. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
- How do Apply and Randy’s Donuts royalties compare?
- Apply: 5% (2025 FDD · Item 6 · PDF p. 21); Randy’s Donuts: 5% (2026 FDD · Item 6 · PDF p. 15). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Which has more locations, Apply or Randy’s Donuts?
- Apply: 49 (2025 FDD · Item 20 · PDF p. 81); Randy’s Donuts: 27 (2026 FDD · Item 20 · PDF p. 81). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do Apply and Randy’s Donuts disclose financial performance (Item 19)?
- Apply has reviewed Item 19 figures for 10 location groups; Randy’s Donuts has reviewed Item 19 figures for 3 location groups. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.
Keep researching
Full Apply report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
Full Randy’s Donuts report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
