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    Franchise opportunities compared

    Cinnabon vs Shipley Do-Nuts

    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.

    Cinnabon2026 FDDShipley Do-Nuts2026 FDD

    Initial investment · Item 7

    Cinnabon

    $29,250 – $1,205,400

    2026 FDD · Item 7

    Shipley Do-Nuts

    $62,000 – $516,512

    2026 FDD · Item 7

    Initial franchise fee · Item 5

    Cinnabon

    $3,000

    2026 FDD · Item 5 · PDF p. 30

    Shipley Do-Nuts

    $20,000

    2026 FDD · Item 5 · PDF p. 14

    Royalty · Item 6

    Cinnabon

    6%

    2026 FDD · Item 6 · PDF p. 31

    Shipley Do-Nuts

    5%

    2026 FDD · Item 6 · PDF p. 14

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Cinnabon and Shipley Do-Nuts 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 (Cinnabon: 15, Shipley Do-Nuts: 16). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Cinnabon

    $29,250 – $1,205,400
    2026 FDD · Item 7

    Shipley Do-Nuts

    $62,000 – $516,512
    2026 FDD · Item 7
    Standard initial franchise fee (Item 5)

    Cinnabon

    $3,000
    2026 FDD · Item 5 · PDF p. 30

    Shipley Do-Nuts

    $20,000
    2026 FDD · Item 5 · PDF p. 14
    Royalty (Item 6)

    Cinnabon

    6%
    OTHER FEES Type of Fee 1, 5 Amount Date Due Remarks Royalty Fee — 6%
    2026 FDD · Item 6 · PDF p. 31

    Shipley Do-Nuts

    5%
    Royalty weekly gross sales — 5%
    2026 FDD · Item 6 · PDF p. 14
    Brand / advertising fund (Item 6)

    Cinnabon

    1%
    l Marketing Obligation Currently each calendar quarter, you must spend not less than — 1% — 1%
    2026 FDD · Item 6 · PDF p. 32

    Shipley Do-Nuts

    1%
    System Brand Fund — 1% — 1%
    2026 FDD · Item 6 · PDF p. 15

    System scale & health

    Total outlets (Item 20)

    Cinnabon

    1,338
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 104

    Shipley Do-Nuts

    393
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 58
    Net outlet change (Item 20)

    Cinnabon

    +364
    Calculated: 974 at end of 2023 → 1,338 at end of 2025

    Shipley Do-Nuts

    +44
    Calculated: 349 at end of 2023 → 393 at end of 2025
    Outlet exits (Item 20)

    Cinnabon

    Not available
    No complete exit records for a year

    Shipley Do-Nuts

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Cinnabon

    1986
    From a verified franchisor listing

    Shipley Do-Nuts

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Cinnabon

    Not available
    Not in reviewed records

    Shipley Do-Nuts

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Cinnabon
    Locations counted not stated in the reviewed record — Enclosed mall — 2nd Quartile
    47 bakeries
    other Enclosed mall 2nd Quartile
    2026 FDD · Item 19 · PDF p. 100
    Locations counted not stated in the reviewed record — Enclosed mall — Bottom Quartile
    47 bakeries
    other Enclosed mall Bottom Quartile
    2026 FDD · Item 19 · PDF p. 100
    Locations counted not stated in the reviewed record — Enclosed mall — Total
    $665,401
    other Enclosed mall Total
    2026 FDD · Item 19 · PDF p. 100
    +12 more groups in the full report
    Shipley Do-Nuts
    Locations counted not stated in the reviewed record — Reporting company
    $1,520,037
    other Reporting company
    2026 FDD · Item 19 · PDF p. 55
    Locations counted not stated in the reviewed record — Franchise
    127 shops
    other Franchise
    2026 FDD · Item 19 · PDF p. 56
    Locations counted not stated in the reviewed record — Top25% franchised shops
    $1,468,882
    other Top25% franchised
    2026 FDD · Item 19 · PDF p. 56
    +13 more groups in the full report

    Item 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.

    Cinnabon vs Shipley Do-Nuts: common questions

    Which costs less to open, Cinnabon or Shipley Do-Nuts?
    Cinnabon: $29,250 – $1,205,400 (2026 FDD · Item 7); Shipley Do-Nuts: $62,000 – $516,512 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Cinnabon. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do Cinnabon and Shipley Do-Nuts royalties compare?
    Cinnabon: 6% (2026 FDD · Item 6 · PDF p. 31); Shipley Do-Nuts: 5% (2026 FDD · Item 6 · PDF p. 14). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Cinnabon or Shipley Do-Nuts?
    Cinnabon: 1,338 (2026 FDD · Item 20 · PDF p. 104); Shipley Do-Nuts: 393 (2026 FDD · Item 20 · PDF p. 58). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Cinnabon and Shipley Do-Nuts disclose financial performance (Item 19)?
    Cinnabon has reviewed Item 19 figures for 15 location groups; Shipley Do-Nuts has reviewed Item 19 figures for 16 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.

    How Franopolis reviews FDD figures

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    Full Cinnabon report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    Full Shipley Do-Nuts report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

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