Speak to existing franchisees and ask questions directed to the Denny's Inc. team. If your net worth and available liquid capital match the brand’s requirements, you may qualify to open a Denny's Inc. franchise, and you can get started with an initial investment and relevant training.
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How much does it cost to buy a Denny's franchise?
Denny's Franchise Cost / Initial Investment / Denny's Franchise Income. The initial franchise fee for Denny's is $35,000 for one restaurant, $30,000 for 2, $25,000 for 3, and $20,000 for 4 or more. The estimated total investment to open and operate a Denny's franchise ranges from $1.2 million to $2.6 million.
How much does a Denny's franchise owner make?
As Denny's franchise owner, your salary will depend on the sales you make. However, according to surveys, Denny's franchise owners can earn around $109,320-$118,433 depending on their sales. If you are not happy enough knowing the owner's salary, you will be glad to know their revenue.
How do I invest in Denny's?
Denny's recruitment office will review your information, run background and credit checks on you and your partners, and verify your assets. You must have at least $1 million net worth and $350,000 available capital to invest in the restaurant.
Is Denny's a franchise?
Founded originally as Danny's Donuts in Lakewood, California, in 1953, the company changed its named to Denny's after going public. Since then, the franchise has grown to over 1,600 restaurants around the world, leading to the success of countless franchise owners in its system.
What franchise makes the most money?
What is the most profitable franchise to own? According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own. The food chain has been franchising for nearly 6 decades and is still seeking franchises worldwide. As of 2021, they have 7,567 open units.
How do franchise owners get paid?
How do franchise owners get paid? Franchise owners can pay themselves a salary or depending on their business entity, they may be able to take a draw from their accumulated equity.
Who owns the most Denny's franchises?
Not many people eat breakfast at dawn, but thousands eat breakfast everyday at Dawn's. With 58 Denny's restaurants in her portfolio, Dawn Lafreeda is the largest sole-ownership Denny's franchisee in the world. Not bad for a girl who started her foodservice career as a hostess in Fullerton, California at 16.
Who owns the Dennys franchise?
Denny's parent company, Advantica Restaurant Group, Inc., is renamed Denny's Corporation to reflect the one brand focus.
What state has the most Denny's?
CaliforniaThere are 1,447 Dennys stores in the United States as of October 18, 2022. The state with the most number of Dennys locations in the US is California, with 369 stores, which is about 26% of all Dennys stores in the US.
How much is a IHOP franchise?
The franchise fee to open an IHOP is $40,000 per restaurant for a multi-unit agreement, $50,000 for a single restaurant agreement. The total estimated investment ranges from $92,000 to $810,000. IHOP annual company-wide revenues exceed $2 billion.
What is the cost of McDonald's franchise?
Documents- ID cards, lease documents, etc. Franchise Investment Cost- In India, if anyone wants to start a McDonald's franchise in India, then their net worth should be between INR 10 to 15 Crore. Also, assets worth INR 5 Crore should be in the form of cash or liquid assets.
What is Denny's net worth?
Now let us see the most recent net worth value of DENNYS based on the time frame of analysis of this report. The net worth of DENNYS for the Week 39-2022 was $605.917 Million.
Who owns the most Denny's franchises?
Not many people eat breakfast at dawn, but thousands eat breakfast everyday at Dawn's. With 58 Denny's restaurants in her portfolio, Dawn Lafreeda is the largest sole-ownership Denny's franchisee in the world. Not bad for a girl who started her foodservice career as a hostess in Fullerton, California at 16.
Who owns Denny's franchise?
Denny's parent company, Advantica Restaurant Group, Inc., is renamed Denny's Corporation to reflect the one brand focus.
How much is a IHOP franchise?
The franchise fee to open an IHOP is $40,000 per restaurant for a multi-unit agreement, $50,000 for a single restaurant agreement. The total estimated investment ranges from $92,000 to $810,000. IHOP annual company-wide revenues exceed $2 billion.
What is the cost of McDonald's franchise?
Documents- ID cards, lease documents, etc. Franchise Investment Cost- In India, if anyone wants to start a McDonald's franchise in India, then their net worth should be between INR 10 to 15 Crore. Also, assets worth INR 5 Crore should be in the form of cash or liquid assets.
How long has Denny's been in business?
Denny's ® franchises are the most recognized name in family dining and has been providing good food and service for over 50 years.
Where are Denny's located?
Denny's franchises are located within the United States, Canada, Costa Rica, Guam, Mexico, New Zealand and Puerto Rico. The franchise is committed to becoming the best family restaurant system in the world. Denny's takes care in recruiting, training and developing franchisees.
Background
With over 1 million restaurants in the U.S. alone, the restaurant industry is booming and has a lot of competition. Are you looking to get your piece of this booming industry with a nationally recognized brand that provides communities around the world with break, lunch and dinner 24/7? The Denny's franchise could be for you.
Support and Training Offered By Denny's
In terms of support and training, the franchise owners in the system can expect the franchise to provide them with everything that they need to know about running the restaurant. From site selection, marketing campaigns, website development, grand opening assistance and more, the franchise has you covered!
Franchises Similar to Denny's
The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.
How long is a franchise in a restaurant?
Term of Agreement and Renewal: The length of the franchise term is the lesser of 20 years, 10 years, or the lease term. There is no renewal option.
What is a DFO franchise?
Franchise Description: DFO, LLC is the franchisor. Denny's restaurants are full service, family-style restaurants that offer and serve a wide variety of food. Denny's restaurants offer a casual dining atmosphere and moderately-priced food designed to appeal to a broad spectrum of customers. The franchisor offers franchisees the opportunity to operate a standard restaurant with its comprehensive system for developing and operating Denny's restaurants, which includes trademarks, building designs and layouts, equipment, ingredients, recipes and specifications for authorized food products, training, methods of inventory control and certain operational and business standards and policies. The Den is the franchisor’s limited service, nontraditional variation of the Denny’s concept, which may be distinguished from the standard Denny’s restaurant by a unique and modified menu. This concept may have limited or no table service.
Does Denny's have a territory?
Territory Granted: Except for the franchisee’s right to operate a Denny’s restaurant at or from the premises of the restaurant, franchisees do not receive any exclusive territory or the territorial rights under the Franchise Agreement. Franchisees are required to operate the restaurant only at the location the franchisor has approved.
Do franchisees have to live near the restaurant?
The managing owner must permanently reside near the restaurant so long as s/he exercises this role.
Does a franchisor finance the purchase price?
The franchisor typically will not finance the purchase price or the initial franchise fee. In limited circumstances, the franchisor may finance a portion of the purchase price of a former company restaurant. 4.5% - 7% of gross sales. 3% - 3.25% of gross sales. 7.5% of gross sales.
Does Franchise Direct sell your information?
Franchise Direct's reputation for integrity in the franchise industry has been established over our 20+ years in business. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Please view our privacy policy.
Does a franchisor accept notes?
The franchisor does not otherwise customarily accept notes or other instruments from franchisees and, accordingly, have not in the past sold, assigned, or discounted to a third party, in whole or in part, any note, contract, or other instrument executed by a franchisee.
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Denny's franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Franchise 500 Ranking History
Compare where Denny's landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Denny's ranked on other franchise lists? Find out below.
How much does Denny's sell?
Average system-wide sales routinely hover around $2.4 billion. Though Denny's serves a variety of flavorful foods and delectable beverages, it is best known for its Grand Slam® breakfasts and frothy milkshakes. Restaurants serve breakfast all day, every day.
Why choose Denny's?
For starters, its average sales per restaurant are promising. Though there are overhead costs to pay, with such a high volume of sales, you are sure to make a profit. Additionally, the company currently offers two incentives programs for franchisees who wish to own multiple units. If you open six restaurants in New and Emerging Markets, you can save up to $1 million on fees. If you open two restaurants in New and Emerging Markets, you can save up to $332,000.
How much can you save opening six restaurants?
If you open six restaurants in New and Emerging Markets, you can save up to $1 million on fees.
What is Denny's restaurant?
Denny's is a full-service, family-style restaurant known for its casual dining atmosphere and fairly priced menu options. The brand strives to appeal to a broad spectrum of customers by offering classic comfort foods at all hours of the day and night.
Is America's Diner open 24/7?
It is open 24/7, hence its slogan, "America's Diner is Always Open.". The company markets itself as a place where real people can come as they are, sit down, relax and enjoy the company of their friends and loved ones over hearty meals.
Overview
Denny's is a full-service, family-style restaurant known for its casual dining atmosphere and fairly priced menu options. The brand strives to appeal to a broad spectrum of customers by offering classic comfort foods at all hours of the day and night.
Why Choose Us?
Aside from the fact that Denny's is an American icon that appeals to most people (after all, it is a highway staple that offers late-night travelers warm food in a friendly environment), there are countless benefits to franchising a Denny's. For starters, its average sales per restaurant are promising.
Ideal Candidate
The ideal candidate is a person who has access to $500,000 USD liquid capital and who has a networth of $1 million USD. This person also demonstrates a passion and commitment to the Denny's brand as well as a strong understanding of branded concepts. He or she also has experience with proven business systems.
History
The first Denny's was founded in 1953 in Lakewood, California, by a Mr. Harold Butler and Mr. Richard Jezak. At the time, it was called "Danny's Donuts." Danny's Donuts expanded fairly quickly considering it was not yet franchised, and by 1959, the founders had opened 20 units. It was then that they changed the name from "Danny's" to "Denny's."
Training And Support
Training is required. Depending on how many units a person opens, training may cost anywhere between $5,000 per unit and $35,000 per unit.
