FranDB
Qdoba

Qdoba

Qdoba franchises operate high-quality, Mexican-themed quick-service or fast-casual restaurants where guests customize burritos, bowls, tacos, salads, quesadillas, nachos, chips, dips like queso and guacamole, and drinks using fresh, in-house prepared ingredients. The business model grants franchises or development rights to use Qdoba's trademarks, proprietary system, operational standards, manuals, training, and marketing programs for operating restaurants in approved locations, primarily strip centers or freestanding buildings. Target market includes urban and suburban consumers seeking value-priced, personalized Mexican meals, competing with other fast-casual and quick-service chains.

Since 1997Food & BeverageSan Diego, CAinvestment funds managed by affiliates of Butterfly Equity LPwww.qdoba.com
Item 19 AvailableSBA Loan Data

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

Investment
$548,100 - $1,294,000
Franchise Fee
$40,000
Locations
652

Financial Requirements

Franchise Fee$40,000
Initial Investment Range$548,100 - $1,294,000
Royalty Rate5.00%
Brand Fund4.50%
Fixed Monthly Fees$828 - $1,869

5% royalty + 4.5% marketing fee + $800-$1,900/mo technology/support fees (IT base, IT support, LMS, Q-Cash)

Franchise Stats

Franchise Locations652
Corporate Locations175
States OperatingN/A
Franchising Since1997
FDD Year2026

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$1,661,277
Median Gross Revenue
$1,596,761
EBITDA Margin
15.32%
Top Quartile Revenue
$2,573,684
Bottom Quartile Revenue
$969,398
Average Gross Profit
$1,202,280
Average EBITDA
$254,430

Data Based On: 397 franchised restaurants reporting financial information for a trailing twelve-month period (used for P&L data and EBITDA), with additional revenue quartile data from 464 franchised restaurants (used for median and quartile revenues).

* Average gross profit calculated as Average Net Restaurant Sales ($1,661,277) minus Average Cost of Sales ($458,997). EBITDA margin calculated as Average Proforma Franchisee EBITDA ($254,430) divided by Average Net Restaurant Sales ($1,661,277). Revenue quartiles are derived from Chart 2 ('Franchised Restaurant Quartiles') based on 464 units. All other financial metrics (Average Gross Revenue, Average Gross Profit, Average EBITDA, and estimated profit range) are based on Chart 3 ('Historical Average Sales, Selected Costs and Operating Results') for 397 franchised restaurants.

Extracted Item 19 Section

How Qdoba Compares to Other Fast Casual Franchises

Key Insights

  • Top 10 largest franchise system in Fast Casual
  • Lower than average SBA loan default rate in Fast Casual
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
Qdoba
Current
$548K - $1.3M$40K5.0%652
Tropical Smoothie Cafe$300K - $721K$35K6.0%1,371
TROPICAL SMOOTHIE CAFÉ$300K - $721K$35K6.0%1,371
FIREHOUSE SUBS RESTAURANTS (UNIT)$379K - $1.4M$20K6.0%1,248
Zaxby's$1.4M - $3.8M$35K6.0%826
CHICK-FIL-A License Program$586K - $3.3MN/A10.0%412
Fast Casual Average
107 franchises
$532K - $1.2M$39K5.6%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 107 Fast Casual franchises by location count.

SBA Loan History

Historical SBA 7(a) loan data for Qdoba franchisees (2010 - 2025)

Total Loans
38
Average Loan Amount
$598,779
Total Loan Volume
$22,753,600
Default Rate
2.6%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

Unlock Franchisee Contact Database

571 franchisee contacts on file. Upgrade to see names, locations, phone numbers, and matched SBA loan data.

Upgrade to Pro

$199/year · Cancel anytime

Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases2

Two cases: one involving a franchisee's claims of wrongful termination, breach of contract, and fraud (settled 2023); the other by former franchisees alleging breach and wrongful termination (settled post-discovery).

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
1
Reacquired by Franchisor
8
Ceased Operations (Other)
9
System Transfers
11
Sold to Franchisees
3
Projected New Franchises
77

Frequently Asked Questions

How much does it cost to open a Qdoba franchise?

The total initial investment to open a Qdoba franchise ranges from $548,100 to $1,294,000. This includes a franchise fee of $40,000. Ongoing royalty fees are 5.0% of gross sales.

How much revenue does a Qdoba franchise make?

According to the 2026 FDD, the average gross revenue for a Qdoba franchise is $1,661,277. The median revenue is $1,596,761.

How much profit can you make with a Qdoba franchise?

Based on the financial performance data in the FDD, estimated profit for a Qdoba franchise ranges from $-214,733 to $1,054,733 per year. Actual results vary based on location, management, and market conditions.

How many Qdoba franchise locations are there?

As of the 2026 FDD, Qdoba has 652 franchise locations. The company has been franchising since 1997.

Can you get an SBA loan for a Qdoba franchise?

Yes, SBA loans are available for Qdoba franchises. Historical data shows 38 SBA 7(a) loans have been approved for Qdoba franchisees, with an average loan amount of $598,779. The historical default rate is 2.6%.

Is Qdoba a good franchise to buy?

Qdoba shows several positive indicators: established brand with 652+ locations, 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.

Interested in Qdoba?

Talk to a franchise advisor to get personalized guidance and learn if Qdoba is the right fit for you.

Talk to an Advisor