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Franchise Disclosure Documents are 200+ page legal filings every franchisor must provide. We've read 1,700+ of them and extracted the key data — fees, revenue, contacts, litigation, and more — so you don't have to.
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.
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Franchise Costs
6% royalty + 2% brand fund + $150/mo marketing/tech fee + $250/mo POS fees
Financial Performance
Item 19 Financial Performance
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
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
DUCK DONUTS Current | $394K – $629K | $40K | 6.0% | 145 |
| MCDONALD'S | $1.5M – $2.6M | $45K | N/A | 12,772 |
| AFC | $45K – $151K | $6K | 9.5% | 3,572 |
| KFC (NON-TRADITIONAL) | $1.2M – $4.2M | $45K | N/A | 3,404 |
| SONIC DRIVE-IN | $1.5M – $2.5M | $15K | 5.0% | 3,120 |
| CHICK-FIL-A License Program | $586K – $3.4M | N/A | 10.0% | 2,795 |
Fast Food Average 131 franchises | $614K – $1.6M | $35K | 6.2% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 131 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
+16 more states
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SBA Loan History
Historical SBA 7(a) loan data for DUCK DONUTS franchisees (2016 – 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.
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)
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)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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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.
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