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DUNKIN'
Dunkin’ develops, operates, and franchises retail restaurants under the Dunkin’ system, selling donuts, coffee, espresso, bagels, muffins, croissants, other bakery items, breakfast sandwiches, and additional food and beverage products. Their business model includes single-brand Dunkin’ restaurants, combo units with Baskin-Robbins, multi-brand locations with partners like Arby’s and Sonic, and special distribution opportunities in non-traditional venues. They target the general public seeking quick-service breakfast, snacks, and beverages in a competitive quick-service restaurant market.
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Franchise Costs
Data for Items 5, 6, and 7 not found in the provided FDD text excerpt.
Financial Performance
Item 19 Financial Performance
Data Based On: 7,010 franchised Dunkin' Restaurants' Annual Unit Volumes (AUVs) during 2025.
* Average gross revenue and median gross revenue are taken directly from the 'All Restaurants' row in the 'Annual Unit Volumes for 2025 Franchised Restaurants' table. Revenue for the top quartile is the 'Average AUV' of the '1st Quartile', and for the bottom quartile is the 'Average AUV' of the '4th Quartile'. Note (4) on page 4 explicitly states that the financial performance representations do not reflect costs of sales, operating expenses, or other costs, and therefore no profit, net income, or EBITDA figures are available.
Extracted Item 19 Section
Avg. Revenue: $1,372,069
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DUNKIN' Franchise Analysis
Dunkin' dominates the quick-service breakfast scene with its coffee-fueled empire, now steered by Inspire Brands from Atlanta. The 2026 FDD's Item 19 peels back revenue layers across thousands of units, while SBA lending history hints at franchisee resilience in a donut wars battlefield. Amid combo store innovations and minimal system churn, can this legacy brand still deliver the dough for ambitious operators?
Item 19 data delivers the goods: average gross revenue hits $1,372,069 per unit, with a median of $1,297,694 among 8,744 franchised locations—figures that crush many QSR breakfast rivals driven by espresso pulls and breakfast sandwiches. Absent Items 5-7 details, initial outlays remain opaque, but SBA stats illuminate financing: 341 loans averaging $754,660 and a rock-bottom 1.2% default rate signal banks bet big on Dunkin' success. These metrics translate to scalable economics in a market craving speed and familiarity, where top performers likely clear hefty royalties after costs.
System momentum surges with 406 projected new units, fueled by single Dunkin' shops, Baskin-Robbins combos, multi-brands like Arby’s or Sonic partnerships, and non-traditional spots. Ultra-low 2 terminations and 24 non-renewals reflect ironclad compliance, while 241 transfers indicate a liquid resale market for quick exits or upgrades. Litigation flares around remodel refusals, fee disputes, and post-term covenant breaches—par for a mega-system's course, underscoring the need for disciplined ops amid cutthroat competition. Dunkin's scale tips the investment math toward yes for those mastering drive-thrus and dawn rushes.
Analysis based on the 2026 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
How DUNKIN' Compares
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
DUNKIN' Current | N/A | N/A | N/A | 8,744 |
| HEALTH MART SYSTEMS INC | $262K – $834K | N/A | 0.0% | 4,346 |
| AMERIPRISE FINANCIAL SERVICES LLC | $12K – $130K | $2K | N/A | 3,855 |
| HAND AND STONE MASSAGE AND FACIAL SPA | $321K – $865K | $50K | 6.0% | 600 |
| UBREAKIFIX BY ASURION | $171K – $468K | $40K | 7.0% | 549 |
| Best Brains | $50K – $134K | $15K | 14.0% | 162 |
Adult Education & Training Average 17 franchises | $241K – $582K | $36K | 8.8% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 17 Adult Education & Training franchises by location count.
SBA Loan History
Historical SBA 7(a) loan data for DUNKIN' franchisees (2010 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
341 SBA loans on record
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Franchisee Contacts
6,921 franchisee contacts on file from official FDD filings.
6,921 Contacts Available
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Due Diligence
Litigation (Item 3)
Primarily termination disputes (e.g., remodel non-compliance, inspection conflicts, non-payment of fees), non-renewal and contract breach claims, post-termination trademark infringement, and development rights disputes.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Frequently Asked Questions
DUNKIN' does disclose financial performance data (Item 19) in their 2026 FDD, including average and median gross revenue figures. Get full access to see the exact revenue numbers and detailed financial breakdown.
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