Quick Verdict · who it fits
Perkins Restaurant and Bakery fits owner-operators looking for a mid-scale food & beverage concept.
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$579K - $3.6M
Franchise fee (Item 5)
$15K
Royalty (Item 6)
4% + 3–4% ad
System size (Item 20)
175 +1
Agreement term
20 yrs
Years in business
40+ yrs
Training (Item 11)
35 days
Company-owned units
82
Item 3 litigation
4 suits
Model Perkins Restaurant and Bakery's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.
Buyer qualifications
✓Financing available•No exclusive territory✓Semi-absentee eligible•Bankruptcy disclosed•4 Item 3 cases
Data extracted from the 2025 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Drag to your projected annual sales. Royalty 4% + ad fund 3–4% on gross sales.
PROJECTED ANNUAL SALES$1,990,000
$100k$3.6M
Royalty (4%)
—
Ad fund (3–4%)
—
Total / year
—
▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
Free AI summary — the first read on the filing.
257
Total units open
1
Units opened last year
franchised ; 1 (company-owned)
3
Units closed last year
franchised ; 1 (company-owned)
-6 units
Net unit growth
fiscal year ended April 29, 2025
What our analysis flagged across the 2025 filing.
4
Risks to review
3
Strengths identified
5
Questions to ask
How Perkins Restaurant and Bakery ranks against 811 Food & Beverage peers we've analyzed.
Initial investment
74th pct · of 811 peers
Franchise fee
4th pct · of 811 peers
System size
84th pct · of 811 peers
Food & Beverage industry averages
Avg investment
$528K - $1.3M
Avg franchise fee
$38K
Avg system size
235
Franchises analyzed
811
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Perkins Restaurant and Bakery | None | $15K | $579K - $3.6M | 4% | 175 |
| Taziki’sSimilar price | Disclosed | $35K | $567K - $3.6M | 4% | 60 |
| Doctor's AssociatesBiggest system | None | $15K | $227K - $630K | 8% | 18,773 |
| Vintage Hospitality GroupTop-rated in category | Disclosed | $50K | $3.5M - $6.4M | 5.5% | 33 |
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Free explainers to go deeper before you sign.
Brand Analysis
The 2026 Cinnabon Franchisor SPV LLC disclosure puts a Full Bakery at $196,250 to $715,100 with a $35,500 fee, and reports a $600,536 median across 189 enclosed mall bakeries.
Brand Analysis
Chipotle reported 4,186 company-operated restaurants and 15 international licensed restaurants as of June 30, 2026. None are franchised, there is no FDD, and there is nothing to apply for. Qdoba is the franchised version of the same order line, and its 12/25 FDD puts a traditional restaurant at $548,100 to $1,294,000.
Brand Analysis
Cracker Barrel Old Country Store, Inc. reported 656 company-operated stores in 43 states as of January 30, 2026, and the brand has never sold a franchise. Huddle House and Another Broken Egg cover the same daypart with filed FDDs, at $555,375 to $1,715,275 and $792,500 to $1,804,000.
Perkins Restaurant and Bakery requires a $15,000 initial franchise fee and a total initial investment range of $579,390–$3,581,375, per the most recent FDD on file.
Perkins Restaurant and Bakery is franchised by PERKINS LLC, the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the franchisor's corporate history, parents, and predecessors.
No. Perkins Restaurant and Bakery does not include a financial performance representation in its FDD. Prospective buyers should rely on validation calls with existing franchisees and benchmark against industry medians.
Franchisees pay a royalty of 4.0% of Net Sales and an advertising fund contribution of 3.0% to 4.0% on gross sales as defined in Item 6 of the FDD.
As of their 2025 FDD, Perkins Restaurant and Bakery has 175 total locations, with 1 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
Yes. Perkins Restaurant and Bakery's most recent FDD documents approximately 35 days of initial training, typically split between classroom and on-site components. See Item 11 of the FDD for the full training and support schedule.
No. Perkins Restaurant and Bakery does not grant exclusive territory rights under Item 12. The franchisor retains the right to operate or grant additional units inside or adjacent to your trade area.
Per the FDD, Perkins Restaurant and Bakery discloses an initial agreement term of 20 years. Review Items 10 and 17 for the full renewal and termination provisions.
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