Franchise opportunities compared
Shipley Do-Nuts vs Sugar Llamas Enterprises
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.
Before you compare
- Shipley Do-Nuts figures come from its 2026 FDD and Sugar Llamas Enterprises figures from its 2024 FDD, so the years differ.
- Shipley Do-Nuts discloses more than one business format, so the investment range spans formats; the full report breaks them out.
- Only Shipley Do-Nuts has reviewed Item 19 figures here.
| Disclosure | Shipley Do-Nuts | Sugar Llamas Enterprises |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $62,000 – $516,512 2026 FDD · Item 7 | $252,400 – $368,200 Total estimated initial investment 2024 FDD · Item 7 · PDF p. 17 |
| Standard initial franchise fee (Item 5) | $20,000 2026 FDD · Item 5 · PDF p. 14 | $30,000 2024 FDD · Item 5 · PDF p. 10 |
| Royalty (Item 6) | 5% Royalty weekly gross sales — 5% 2026 FDD · Item 6 · PDF p. 14 | 5% Royalty fee rate 2024 FDD · Item 6 · PDF p. 11 |
| Brand / advertising fund (Item 6) | 1% System Brand Fund — 1% — 1% 2026 FDD · Item 6 · PDF p. 15 | 0.5% Brand development fee — 0.5% 2024 FDD · Item 6 · PDF p. 11 |
| System scale & health | ||
| Total outlets (Item 20) | 786 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 58 | Not available No reviewed outlet counts |
| Net outlet change (Item 20) | +88 Calculated: 698 at end of 2023 → 786 at end of 2025 | Not available Only one year reported |
| Outlet exits (Item 20) | Not available No complete exit records for a year | Not available No complete exit records for a year |
| Franchising since (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Franchisor founded (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | 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 | Not disclosed — no Item 19 financial performance representation |
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.
Shipley Do-Nuts vs Sugar Llamas Enterprises: common questions
- Which costs less to open, Shipley Do-Nuts or Sugar Llamas Enterprises?
- Shipley Do-Nuts: $62,000 – $516,512 (2026 FDD · Item 7); Sugar Llamas Enterprises: $252,400 – $368,200 (2024 FDD · Item 7 · PDF p. 17). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Shipley Do-Nuts. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
- How do Shipley Do-Nuts and Sugar Llamas Enterprises royalties compare?
- Shipley Do-Nuts: 5% (2026 FDD · Item 6 · PDF p. 14); Sugar Llamas Enterprises: 5% (2024 FDD · Item 6 · PDF p. 11). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Do Shipley Do-Nuts and Sugar Llamas Enterprises disclose financial performance (Item 19)?
- Shipley Do-Nuts has reviewed Item 19 figures for 16 location groups; Sugar Llamas Enterprises makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.

