How Much is a Dunkin Donuts Franchise
Introduction
Founded in 1950, Dunkin is the largest coffee and donuts brand in the United States with more than 13,200 restaurants in nearly 40 global markets. The brand is part of the Inspire Brands family of restaurants.
Investing: What You Need to Know
If you are certain that you meet the requirements and are progressing towards fulfilling the recommendations to become a franchisee, it's time to start evaluating the investment expenses. These expenses can be categorized into two main types:
- Corporate Costs: Fees paid to Dunkin Donuts corporate for the franchise
- Other Investment Costs: Expenses related to construction, setup, and ongoing operation
Franchise Cost: How Much Does a Dunkin' Donuts Franchise Cost
According to Dunkin's franchising website, the total investment for setting up a location is estimated to range between $526,900 and $1,809,500, with franchise fees ranging from $40,000 to $90,000.
The wide range is due to various location types, including:
- Standalone locations
- Drive-thrus
- Non-traditional settings like:
- Convenience stores
- Shopping centers
- Walk-through setups
Getting Started: How to Franchise a Dunkin' Donuts
According to their franchise website, there are seven steps to developing business ownership:
- Speak with the franchise development team
- Review Franchise Disclosure Document (FDD)
- Interview with the franchise development team
- Submit the franchise application form
- Sign your franchise agreement and submit your franchise fee
- Complete training
- Grand opening
Notable Success Story: Benny Omid
Benny Omid's journey began in Iran, where he faced adversity and persecution before immigrating to the United States at 16. Starting at Dunkin Donuts, he found a supportive community that helped him learn and grow.
Through hard work and dedication, he:
- Moved into managerial roles
- Became a franchise partner by 1996
- Achieved independence as a Dunkin franchise owner by 2001
His story embodies the American dream of:
- Opportunity
- Perseverance
- Community contribution
Today, Omid lives with his family in Belmont Hill, grateful for the freedom and success he has achieved in America.
Profit Potential: How Much Does a Dunkin' Donuts Franchise Owner Make
The annual sales of a Dunkin' location ranges from about $620,000 to $13 million, depending on the type of franchise you own.
According to Career Bliss, a franchise owner can expect to make:
- Up to $124,000 per year
- Approximately $50 per hour