PERKINS AND PERKINS RESTAURANT AND BAKERY
Perkins LLC offers franchises for operating full-service, family-style Perkins Restaurant and Bakery locations that serve moderately priced breakfast, lunch, and dinner entrees, along with bakery items, available all day for dine-in, carryout, catering, and delivery. The business model includes new development units, resale units, non-traditional venues like airports and convenience stores, and market development agreements for multi-unit growth, supported by a system of recipes, training, and marketing. It targets families and casual diners seeking affordable, all-day dining options.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
4% royalty + 3% ad fund + $190-$215/mo in fixed technology, software, music, and related fees
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 187 franchised units for Calendar Year 2023, as presented in Table 2.
* Weighted average gross revenue calculated from individual tiers: (18 units × $3,081,306 + 76 units × $2,249,739 + 76 units × $1,558,542 + 17 units × $944,278) / 187 total units = $1,930,190.32. This value is consistent with the overall average of $1,930,190 provided in Table 2 for Total Franchised Restaurants. Revenue top quartile is the average from the top sales tier. Revenue bottom quartile is the average from the bottom sales tier. No information available to calculate net income, net profit, EBITDA, or profit ranges.
Extracted Item 19 Section
How PERKINS AND PERKINS RESTAURANT AND BAKERY Compares to Other Fast Food Franchises
Key Insights
- Higher investment than 90% of Fast Food franchises
- Higher than average SBA loan default rate in Fast Food
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
PERKINS AND PERKINS RESTAURANT AND BAKERY Current | $1.4M - $3.5M | $40K | 4.0% | 7 |
| Burger King | $2.1M - $4.7M | $50K | 4.5% | 19,732 |
| MCDONALD'S | $1.5M - $2.6M | $45K | N/A | 12,772 |
| AFC | $45K - $151K | $6K | 9.5% | 3,572 |
| SONIC DRIVE-IN | $1.7M - $3.1M | $15K | 5.0% | 3,441 |
| JIMMY JOHN'S | $366K - $728K | $35K | 6.0% | 2,647 |
Fast Food Average 127 franchises | $605K - $1.5M | $35K | 6.1% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 127 Fast Food franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2023)
Outlets by state across the United States
+17 more states
SBA Loan History
Historical SBA 7(a) loan data for PERKINS AND PERKINS RESTAURANT AND BAKERY franchisees (2010 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
Predecessor franchisor Perkins & Marie Callender’s, LLC and parent Perkins & Marie Callender’s Holding, LLC and affiliates filed Chapter 11 in August 2019.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a PERKINS AND PERKINS RESTAURANT AND BAKERY franchise?
The total initial investment to open a PERKINS AND PERKINS RESTAURANT AND BAKERY franchise ranges from $1,387,715 to $3,454,465. This includes a franchise fee of $40,000. Ongoing royalty fees are 4.0% of gross sales.
How much revenue does a PERKINS AND PERKINS RESTAURANT AND BAKERY franchise make?
According to the 2024 FDD, the average gross revenue for a PERKINS AND PERKINS RESTAURANT AND BAKERY franchise is $1,930,190. The median revenue is $1,935,846.
How many PERKINS AND PERKINS RESTAURANT AND BAKERY franchise locations are there?
As of the 2024 FDD, PERKINS AND PERKINS RESTAURANT AND BAKERY has 7 franchise locations. The company has been franchising since 2020.
Can you get an SBA loan for a PERKINS AND PERKINS RESTAURANT AND BAKERY franchise?
Yes, SBA loans are available for PERKINS AND PERKINS RESTAURANT AND BAKERY franchises. Historical data shows 15 SBA 7(a) loans have been approved for PERKINS AND PERKINS RESTAURANT AND BAKERY franchisees, with an average loan amount of $885,087. The historical default rate is 0.0%.
Is PERKINS AND PERKINS RESTAURANT AND BAKERY a good franchise to buy?
PERKINS AND PERKINS RESTAURANT AND BAKERY shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
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