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We extract fees, Item 19 financials, franchisee contacts, SBA default rates, litigation, and outlet data from every FDD — so you can compare brands in minutes, not months. Used by multi-unit operators, consultants, and franchise development teams.

DENNY'S

DENNY'S

Denny's operates full-service, family-style restaurants offering a wide variety of moderately priced food in a casual dining atmosphere, with variants like the limited-service 'The Den' concept for nontraditional locations. The business model includes a comprehensive system encompassing trademarks, designs, recipes, training, and operational standards, supplemented by online ordering, delivery, and virtual brands for take-out. It targets a broad spectrum of customers through traditional diners, travel centers, and innovative service models.

1,212locations
Since 1963
Casual DiningSpartanburg, SCDenny’s Corporationwww.dennys.comDisclaimer

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Franchise Costs

Franchise Fee
N/A
Initial Investment
N/A
Royalty Rate
N/A
Brand Fund
N/A

Financial Performance


Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

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How DENNY'S Compares

FranchiseInvestmentFeeRoyaltyLocations
DENNY'S
Current
N/AN/AN/A1,212
IHOP & INTERNATIONAL HOUSE OF PANCAKES$1.8M – $4.5M$69KN/A1,703
BUFFALO WILD WINGS$2.5M – $4.9M$25K5.0%549
GOLDEN CORRAL STEAKS, BUFFET & BAKERY$2.1M – $8.5M$50K4.0%352
GOLDEN CORRAL$1.5M – $6.2M$50K4.0%344
ORIGINAL PANCAKE HOUSE (THE)$483K – $1.7M$60K2.0%150
Casual Dining Average
44 franchises
$1.5M – $3.5M$44K4.7%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 44 Casual Dining franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2025)

Outlets by state across the United States

Top States
1CALIFORNIA
327
2TEXAS
169
3FLORIDA
95
4ARIZONA
72
5ILLINOIS
42
6WASHINGTON
40
7NEVADA
35
8PENNSYLVANIA
33
9INDIANA
29
10NEW MEXICO
28
11NEW YORK
28
12OHIO
25
13MISSOURI
24
14MARYLAND
23
15UTAH
20

+36 more states

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SBA Loan History


Historical SBA 7(a) loan data for DENNY'S franchisees (20102025)

Total Loans
82
Average Loan
$913,940
Total Volume
$74.9M
Default Rate
1.2%

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.

82 SBA loans on record

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Franchisee Contacts

172 franchisee contacts on file from official FDD filings.

172 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases3

Primarily disputes related to contract interpretation, fee disagreements, and landlord-franchisee relationships.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
4
Non-Renewals
0
Reacquired
1
Ceased Ops
68
Transfers
18
Sold to Franchisees
0
Projected New
17

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Frequently Asked Questions

As of the 2026 FDD, DENNY'S has 1,212 franchise locations. The company has been franchising since 1963.