PERKINS AND PERKINS RESTAURANT AND BAKERY

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.

175
Locations
$1444K–$3581K
Investment
Since 2020
Franchising
Food & BeverageSandy Springs, GAElysium Management LLCwww.perkinsrestaurants.comDisclaimer

Franchise Costs


Franchise Fee
$40,000
Item 5 of FDD
Initial Investment Range
$1,443,890 $3,581,375
Low: $1,443,890High: $3,581,375
Item 7 of FDD
Royalty Rate
4.00%
of gross sales
Brand Fund
3.00%
Item 6 of FDD
Fixed Monthly Fees
$349 – $500
Item 6 of FDD

4% royalty + 3% ad fund + $349-$500/mo technology fees

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0

Data Based On: The data is based on 168 franchised units that met specific criteria for the calendar year 2024, including being open for at least 50% of the year. 12 franchised units were excluded from this data as they did not meet the specified criteria (as noted on page 5 of the document).

* Average gross revenue for franchised units in 2024 was obtained directly from the 'Total Franchised Restaurants' row in Table 2. This was verified by calculating a weighted average of the four tiers: (17 units * $3,115,734 + 67 units * $2,204,808 + 67 units * $1,599,678 + 17 units * $996,123) / 168 total units = $1,933,346.02. Median gross revenue was also obtained directly from Table 2. Revenue for the top quartile is represented by the average Net Sales of the top 10% tier ($3,115,734) as detailed in the document's tier structure. Revenue for the bottom quartile is represented by the average Net Sales of the bottom 10% tier ($996,123). No information was available to calculate gross profit, net income, net profit, EBITDA, or estimated profit ranges.

Extracted Item 19 Section

How PERKINS AND PERKINS RESTAURANT AND BAKERY Compares


Key Insights

  • Higher investment than 90% of Fast Food franchises
  • Higher than average SBA loan default rate in Fast Food
FranchiseInvestmentFeeRoyaltyLocations
PERKINS AND PERKINS RESTAURANT AND BAKERY
Current
$1.4M – $3.6M$40K4.0%175
MCDONALD'S$1.5M – $2.6M$45KN/A12,772
AFC$45K – $151K$6K9.5%3,572
SONIC DRIVE-IN$1.7M – $3.1M$15K5.0%3,441
JIMMY JOHN'S$366K – $728K$35K6.0%2,647
ARBY'S$645K – $2.5M$38K4.0%2,316
Fast Food Average
126 franchises
$594K – $1.5M$35K6.1%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 126 Fast Food 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
1PA
36
2MN
22
3OH
17
4FL
11
5SD
11
6WI
9
7NE
8
8IA
7
9NY
6
10KS
5
11IN
5
12TN
5
13WY
5
14ID
3
15CO
3

+15 more states

SBA Loan History


Historical SBA 7(a) loan data for PERKINS AND PERKINS RESTAURANT AND BAKERY franchisees (20102025)

Total Loans
15
Average Loan
$885,087
Total Volume
$13.3M
Default Rate
0.0%

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.

Franchisee Contacts


253 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

253 Contacts Available

Unlock all PERKINS AND PERKINS RESTAURANT AND BAKERY franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryYes

Predecessor franchisor Perkins & Marie Callender’s, LLC (PMCLLC) and parent Perkins & Marie Callender’s Holding, LLC (PMCH) filed Chapter 11 on August 5, 2019.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
3
Non-Renewals
2
Reacquired
3
Ceased Ops
3
Transfers
9
Sold to Franchisees
0
Projected New
7

Frequently Asked Questions


The total initial investment to open a PERKINS AND PERKINS RESTAURANT AND BAKERY franchise ranges from $1,443,890 to $3,581,375. This includes a franchise fee of $40,000. Ongoing royalty fees are 4.0% of gross sales.

Unlock Full FDD Access

Download PERKINS AND PERKINS RESTAURANT AND BAKERY's complete FDD plus 1,700+ other franchise documents — all with one plan.

Unlimited FDD downloads (1,700+ franchises)
AI research assistant trained on every FDD
Franchisee contact information

Secure checkout with Stripe · Cancel anytime

Also includes FDDs for

Subway
Subway
MCDONALD'S
MCDONALD'S
DUNKIN'
DUNKIN'
DOMINO'S PIZZA
DOMINO'S PIZZA
Burger King
Burger King
+1,700 more