How much do Dunkin' Donuts franchise owners make annually?
Starting a Dunkin Donuts franchise can cost anywhere between $97,000 and $1,717,000, according to the franchise company. How much do a franchise owner make? In the United States, a franchise owner usually earns $75,000 to $125,000 annually.
How much is the average Dunkin Donuts franchise?
To start a Dunkin Donuts franchise, the total initial investment ranges anywhere from $97,500 to $1,717,103. This is fairly low when compared to other big brands such as their competitor Krispy Kreme, which requires an investment between $440,500 - $4,115,000, according to FDD data for both companies. Dunkin Donuts Franchise Costs are as follows:
How much is the cost to open Dunkin Donuts franchise?
The franchise fee for Dunkin Donuts is $40,000-$90,000, which is quite expensive. The massive fee is broken down into three installments for $20,000 each with a $4,500 startup fee and a $495 monthly fee. Also, many franchise owners are unhappy with the additional cost of remodeling their existing stores.
What countries have Dunkin Donuts?
- Philippines
- Puerto Rico
- Qatar
- Russia
- Saudi Arabia
- Singapore
- Spain
- Thailand
- UAE
- Vietnam
See more
Is Dunkin Donuts 100% franchised?
Dunkin', on the other hand, franchises 100 percent of its locations. If your dream is to own a Starbucks store, you might be out of luck. But, if you've been curious about what it takes to own a Dunkin' franchise, we'll tell you everything you need to know.
Does Dunkin Donuts have franchises?
ARE YOU ON BOARD? For savvy investors eager to establish themselves with a brand known around the world, Dunkin' is a franchise opportunity that can't be beat.
How much does a Dunkin franchise cost?
Dunkin' Donuts Franchise Cost / Initial Investment / Dunkin' Donuts. The total liquid capital required to open a Dunkin' Donuts franchise is $125,000 and Dunkin' Donuts franchise fees are $40,000 to $90,000. The minimum net worth of a Dunkin' Donuts franchise is $250K.
How much does a Dunkin franchise make a year?
Average Sales / Revenue per Year The average Dunkin' franchise is getting around $620,000 to $1.3 million in sales per year. This results in the average Dunkin' franchise owner to have an annual salary of around $124,000.
What is the biggest donut franchise?
The Top 10 Donut Franchises of 2022Dunkin' Dunkin' is without doubt the king of donut franchises. ... Tim Hortons. Tim Hortons is the largest quick-service restaurant chain in Canada. ... Krispy Kreme. ... Shipley Do-Nuts. ... Duck Donuts. ... Peace Love & Little Donuts. ... Randy's Donuts. ... Hurts Donut Company.More items...•
What franchise is the most profitable?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
How much is a Starbucks franchise?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
How much does a Starbucks owner make a year?
Starbucks Franchise Costs and Profits An average Starbucks franchise owner makes $120,000 in a year with one outlet and $2.4 million with 20 outlets. Of course, the success of your franchises depends on plenty of factors that affect sales and profits.
Who owns most Dunkin Donuts?
Gary Joyal, a wildly successful franchise broker, and Mark Cafua, whose family owns the largest privately held network of Dunkin's in the United States. ... By his tally, Gary Joyal has helped broker half a billion dollars' worth of Dunkin' deals.More items...•
How much does it cost to build a Dunkin Donuts?
This includes: Total liquid capital a franchisee may need to invest in a Dunkin Donuts franchise has an estimated price of between $100,000 and $1.6 million, with real estate fees leading to higher amounts. The Dunkin Donuts franchise fee costs $40,000 to $90,000. Building costs range between $90,000 and $600,000.
How Much Is a Subway franchise?
The initial franchise fee ranges from $10,000 - $15,000* (US dollars) depending on your country.
How much is Mcdonalds franchise fee?
McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Those looking to launch a new McDonald's franchise can expect to shell out between $1,314,500 and $2,306,500. Existing franchise prices can cost upwards of $1 million or more.
Who owns most Dunkin Donuts?
Gary Joyal, a wildly successful franchise broker, and Mark Cafua, whose family owns the largest privately held network of Dunkin's in the United States. ... By his tally, Gary Joyal has helped broker half a billion dollars' worth of Dunkin' deals.More items...•
What is Starbucks franchise fee?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
Is Krispy Kreme a franchise?
Overview. Krispy-Kreme is a privately held doughnut/confectionery franchise.
Does Starbucks have franchises?
Starbucks Coffee doesn't franchise. Even though franchising is a classic, successful growth strategy for myriad beloved, familiar brands, Starbucks does not grant franchises. It's not because franchising isn't a time-tested model for growth. Many companies offer franchises.
How many Dunkin' locations are there in the USA in 2022?
There are a total of 9475 Dunkin' locations in the USA as of August 15, 2022.
Which States & Territories has the most number of Dunkin' locations in the USA?
New York has the most number of Dunkin' with 1431 locations.
How many States & Territories in the USA do not have any Dunkin' locations?
Idaho in the USA do not have any Dunkin' locations.
Where can I find the Dunkin' locations map?
You can find the Dunkin' locations map here.
From where can I download the Dunkin' locations dataset?
You can download the Dunkin' locations dataset from here.
Which city has the most number of Dunkin' locations in the USA?
Chicago has the most number of Dunkin' with 211 locations.
What does a Dunkin' Donuts Franchise Cost?
Dunkin' Donuts has an initial investment between $109,700 and $1,637,700. Additional funds are required for real estate and vary on the number of restaurants acquired, restaurant size, and construction costs associated. Franchise fees vary based on the market chosen. Commitment to multi-unit ownership can reduce the initial franchise fee for new investors, and Dunkin's offers a 20% discount off the initial franchise fee for qualified Veterans.
When did Dunkin Donuts start serving?
Since the 1950's Dunkin Donuts has been serving quality food and beverages quickly and affordably. If you're an experienced entrepreneur from the food service or retail industries and are looking for a multi-unit opportunity, Dunkin' Donuts wants to hear from you.
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When did Rosenberg start selling his restaurant?
The restaurant was successful, and Rosenberg sold franchises to others starting in 1955.
When did Liverpool announce a partnership with the company?
In January 2014, English football club Liverpool announced a multimillion-pound global partnership with the company.
How many Dunkin' locations are there in the United States in 2022?
There are 9,390 Dunkin' locations in the United States as of February 21, 2022. The state with the most number of Dunkin' locations in the US is New York, with 1,427 locations, which is 15% of all Dunkin' locations in America.
Top States with the most Dunkin' locations: New York Vs. Massachusetts Vs. Florida
A location for every 13,632 people, with about 15% of the total number of Dunkin' locations
Download Dunkin' Locations Dataset
You can download the full list of Dunkin' locations used for this analysis from our data store. Here is a random sample of 10 records for you to look at the fields and the data that we provide.
How long is a franchise agreement?
20 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Background
The Dunkin' franchise started back In 1946, when Bill Rosenberg founded Industrial Luncheon Services, a company that delivered meals and snacks to workers in the Boston area. Over time, the success of Industrial Luncheon Services convinced Rosenberg to start The Open Kettle, which is a doughnut shop in Quincy, Massachusetts.
Support and Training Offered By Dunkin'
The franchise offers On-The-Job Training for 165-255 hours and Classroom Training 6-51 hours. The company also offers third-party financing options for the franchise fee, startup costs, equipment, inventory, accounts receivable, and payroll.
Franchises Similar to Dunkin'
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.
Dunkin' Donuts Opportunities
Training and Support
- Dunkin' Donuts offers the best franchisee support in the industry. Experts to help you with development, construction, training, marketing and operations will be accessible. To help you be prepared when your doors open, Dunkin' Donuts provides an extensive 6 week training course. The breakdown follows: Week 1: Dunkin' Brands Week 2-3: Restaurant Management Systems Week …
Accolades
- Dunkin' Donuts is one of the most powerful brands in the coffee industry and here are some recognitions which qualify them as a market leader: 1. Rated #1 Coffee and Baked Goods Category, Entrepreneur Magazine 2. Rated #1 Airport Franchisor, Airport Franchisor 3. Rated #1 in Customer Loyalty, Brand Keys Customer Loyalty Index
Special Discount
- Dunkin' Donuts offers qualified Veterans who purchase a Store Development Agreement for five or fewer stores a 20% discount on the Initial Franchise Fee. Currently Dunkin' Donuts is accepting applications from people looking to open locations in the following states: AL, AL, AR, CA, CO, GA, IA, IL, IN, KS, KY, LA, MN, MO, MS, NC, NE, NV, OH, OK, PA, SC, TN, TX, UT, WI and WV
Overview
Dunkin' Donuts LLC, also known as Dunkin' and by the initials DD, is an American multinational coffee and doughnut company, as well as a quick service restaurant. It was founded by Bill Rosenberg (1916–2002) in Quincy, Massachusetts, in 1950. The chain was acquired by Baskin-Robbins's holding company Allied Lyons in 1990; its acquisition of the Mister Donut chain and the conversion of that cha…
Locations
On January 16, 2013, Nigel Travis, Dunkin' Brands CEO, announced that the Dunkin' Donuts franchises would be available in California beginning in 2015. In July 2013, Dunkin' Donuts announced that it has signed its first Southern California multi-unit store development agreements with four franchise groups for a total commitment of 45 new restaurants. The first standalone restaurant…
History
Bill Rosenberg opened Open Kettle in 1948, a restaurant selling donuts and coffee in Quincy, Massachusetts (a suburb of Boston), but he changed the name in 1950 to Dunkin' Donuts after discussing with company executives. He conceived the idea for the restaurant after his experiences selling food in factories and at construction sites, where donuts and coffee were the two mo…
Marketing
Dunkin' Donuts' "It's Worth the Trip" campaign starred sleepy-eyed "Fred the Baker" and featured the catchphrase "Time to make the donuts". It won honors from the Television Bureau of Advertising as one of the five best television advertisements of the 1980s. Fred the Baker was played by actor Michael Vale for 15 years until his retirement in 1997. The catchphrase was used in the title of f…
Notable endorsers
• Yoon Shi-yoon
• Charli D'Amelio
• Janno Gibbs (2002–2003)
• Joey de Leon (2004–2010)
• Derek Ramsay (2013–present)
Criticism
In 1997, Dunkindonuts.org was established by a customer for disgruntled consumers and employees to lodge complaints about the company. The site appeared ahead of the company's own website in many search engines and received national media coverage before being purchased by Dunkin' Donuts in 1999.
Dunkin' Donuts was criticized by one of its franchisees for allegedly forcing single-store owners t…
See also
• List of coffeehouse chains
• List of doughnut shops
• Coffee wars
• Dunkin' Donuts Center – multipurpose arena in Providence, Rhode Island
External links
• Media related to Dunkin' Donuts at Wikimedia Commons
• Works related to Portal:Dunkin' Donuts at Wikisource
• Official website