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CINNABON

CINNABON

Cinnabon franchises retail bakeries known as Bakeries that sell fresh-baked cinnamon rolls and related products in various formats, including Full Bakeries, Express Bakeries, Concession Bakeries, and co-branded units with Auntie Anne’s or Carvel. The business model grants franchisees rights to operate these stores in traditional or non-traditional locations, requiring initial investments and ongoing fees to the franchisor while adhering to brand standards for products and operations. Target markets include consumers in high-traffic areas like malls, airports, supermarkets, and quick-service restaurants seeking indulgent baked goods and beverages.

1,002locations
Since 1990
Food & BeverageAtlanta, GAGoTo Foods LLCwww.cinnabon.comDisclaimer

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Franchise Costs

Franchise Fee
$30,500
Initial Investment
N/A
Royalty Rate
6.00%
Brand Fund
2.50%
Fixed Monthly Fees
$353 – $816

6% royalty + 2.5% ad fund (3% Streetside) + $350-$800/mo technology/software fees (POS, support, loyalty app, online ordering, LMS, gift card processor)

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$524,901.84

Data Based On: Data based on a total of 451 franchised units (189 Enclosed Mall Franchises, 202 Convenience Franchises, and 60 Auntie Anne's Co-Branded Franchises) that reported sales during Fiscal Year 2024.

* Average gross revenue calculated as a weighted average of the total average net sales for three distinct franchise types (Enclosed Mall Franchises, Convenience Franchises, and Auntie Anne's Co-Branded Franchises) based on their respective unit counts. Weighted average: (189 units × $681,687 + 202 units × $177,494 + 60 units × $1,200,635) / 451 total units = $524,901.84. Median and quartile revenue values are set to null as a statistically sound combined value cannot be derived from segmented medians/quartiles across different franchise types without the raw underlying unit-level sales data. Net income, net profit, EBITDA, and profit range estimates are not provided as Note 3 under 'NOTES TO ITEM 19' explicitly states these sales figures do not reflect costs or expenses needed to obtain net income or profit, and no expense or margin data is provided.

Extracted Item 19 Section

Avg. Revenue: $524,902

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CINNABON Franchise Analysis

Picture wafting cinnamon aromas pulling in impulse buyers at malls, airports, and supermarkets— that's Cinnabon's high-traffic magic since franchising kicked off in 1990. Versatile setups like full bakeries, express kiosks, or co-brands with Auntie Anne's offer flexibility rare in bakery franchising. Item 19 earnings data shines a light on performance, but 32 terminations amid 65 transfers hint at churn. Does this sweet spot deliver lasting dough, or is turnover the real bitter bite?

Diving into the 2025 FDD, the $30,500 franchise fee opens doors to Cinnabon's ecosystem, with ongoing 6% royalties, 2.5% brand/ad fund (3% for streetside), plus $350-$800 monthly tech fees for POS, apps, and loyalty tools. Item 19 reveals average gross revenues of $524,902 per unit, a solid benchmark for indulgent treats in quick-service spots—though profitability hinges on your location's foot traffic and labor control. SBA stats bolster confidence: 60 loans averaging $420,907 with just a 3.3% default rate signals franchisees secure financing and mostly repay, unlike riskier concepts.

System vitality looks promising with locations climbing 5% from 952 in 2023 to 1,002 in 2024, plus 212 projected new units signaling aggressive expansion under GoTo Foods. Low non-renewals at 1 contrast higher terminations (32), possibly from rigorous ops standards or market shifts, while 65 transfers indicate active resale market for liquidity. Buyers eyeing this: probe Item 20 trends by format, validate AUVs in non-traditional venues, and scrutinize transfer docs for hidden pitfalls.

Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.

How CINNABON Compares

FranchiseInvestmentFeeRoyaltyLocations
CINNABON
Current
N/A$31K6.0%1,002
PANERA BREAD BAKERY-CAFÉ$633K – $4.9M$35K5.0%1,112
SCOOTER'S COFFEE$1.2M – $1.3M$40K6.0%882
NOTHING BUNDT CAKES$667K – $1.0M$45K6.0%643
GREAT AMERICAN COOKIES$341K – $463K$25K6.0%395
7 BREW$894K – $2.2M$35K4.5%297
Coffee & Bakery Average
39 franchises
$489K – $1.1M$39K5.5%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 39 Coffee & Bakery franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1TX
212
2CA
90
3NY
47
4UT
38
5FL
38
6PA
29
7CO
28
8GA
28
9OH
26
10NJ
24
11MI
24
12AZ
24
13IL
23
14TN
22
15SC
22

+34 more states

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SBA Loan History


Historical SBA 7(a) loan data for CINNABON franchisees (20112025)

Total Loans
60
Average Loan
$420,907
Total Volume
$25.3M
Default Rate
3.3%

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.

60 SBA loans on record

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Franchisee Contacts

1,144 franchisee contacts on file from official FDD filings.

1,144 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
32
Non-Renewals
1
Reacquired
6
Ceased Ops
3
Transfers
65
Sold to Franchisees
0
Projected New
212

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Frequently Asked Questions

CINNABON does disclose financial performance data (Item 19) in their 2025 FDD, including average and median gross revenue figures. Get full access to see the exact revenue numbers and detailed financial breakdown.