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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.

DUCK DONUTS

DUCK DONUTS

Duck Donuts franchises operate retail shops that sell fresh, made-to-order donuts prepared on the premises, along with breakfast items, gourmet coffee, and merchandise, using proprietary recipes, operating procedures, and distinctive trade dress in a quick-serve setting. The business model involves granting franchises for single-unit or multi-unit developments to qualified individuals, providing training, support, and system standards. Their target market is the general public seeking prepared baked goods, competing with national, regional, and local bakeries, coffee shops, and other foodservice businesses.

145locations
$394K–$629K
Since 2012
Food & BeverageMechanicsburg, PANSF Duck, LLCwww.duckdonuts.comDisclaimer

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Franchise Costs

Franchise Fee
$40,000
Initial Investment
$394,150 – $628,700
Royalty Rate
6.00%
Brand Fund
2.00%
Fixed Monthly Fees
$400 – $400

6% royalty + 2% brand fund + $150/mo marketing/tech fee + $250/mo POS fees

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$508,765.2
Top Quartile Revenue
$792,989.45
Bottom Quartile Revenue
$306,498

Data Based On: 99 franchised outlets, segmented by performance (Top 25%, Middle 50%, Bottom 25%), open for full year 2025.

* Calculated weighted average revenue: (25 units × $792,989.45 + 49 units × $466,950.37 + 25 units × $306,498.00) / 99 total units = $508,765.20

Extracted Item 19 Section

Avg. Revenue: $508,765

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How DUCK DONUTS Compares

Key Insights

  • Lower than average SBA loan default rate in Fast Food
FranchiseInvestmentFeeRoyaltyLocations
DUCK DONUTS
Current
$394K – $629K$40K6.0%145
MCDONALD'S$1.5M – $2.6M$45KN/A12,772
LITTLE CAESARS$377K – $1.8M$20K6.0%3,788
AFC$45K – $151K$6K8.0%3,572
KFC (NON-TRADITIONAL)$1.2M – $4.2M$45KN/A3,404
SONIC DRIVE-IN$1.5M – $2.5M$15K5.0%3,120
Fast Food Average
134 franchises
$595K – $1.6M$35K6.1%–

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 134 Fast Food 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
1VA
21
2NC
17
3INT
16
4PA
13
5NJ
12
6SC
11
7NY
10
8FL
8
9TX
6
10TN
5
11IL
4
12CA
3
13OH
2
14GA
2
15MO
2

+16 more states

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SBA Loan History

Historical SBA 7(a) loan data for DUCK DONUTS franchisees (2016 – 2025)

Total Loans
103
Average Loan
$396,639
Total Volume
$40.9M
Default Rate
5.8%

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.

103 SBA loans on record

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Franchisee Contacts

143 franchisee contacts on file from official FDD filings.

143 Contacts Available

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Due Diligence

Litigation (Item 3)

Franchisee Cases1

One instance of a Consent Order with the Commissioner of the California Department of Financial Protection and Innovation for violations of the California Franchise Investment Law related to online advertising and offering a franchise while the Disclosure Document was not registered.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
6
Non-Renewals
0
Reacquired
1
Ceased Ops
14
Transfers
N/A
Sold to Franchisees
0
Projected New
14

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Frequently Asked Questions

The total initial investment to open a DUCK DONUTS franchise ranges from $394,150 to $628,700. This includes a franchise fee of $40,000. Ongoing royalty fees are 6.0% of gross sales.