Perkins Restaurant & Bakery
Food & Beverage · Full-Service Restaurants
- Active units
- 168
- Avg unit volume
- $1.9M
- Royalty
- 4.0%
Franchised, year-end 2024
of weekly Net Sales
About Perkins Restaurant & Bakery
Detailed brand overview is not available yet for this profile.
Key terms
- Franchise fee
$40k
- Existing Franchisee discount
Traditional unit fee reduced to $30,000; Non‑Traditional with Host Facility $13,500; Stand‑alone Griddle & Go $20,000 for qualified existing franchisees
- Brand fund
3.0% of Net Sales
- Local advertising
1.0% of Net Sales
- Footprint
3,000 – 4,000 sq ft
- Market Development Agreement - Traditional (first unit)
$40k
- Market Development Agreement - Traditional (each additional unit)
$20k
- Market Development Agreement - Non‑Traditional Standalone (first unit)
$30k
- Market Development Agreement - Non‑Traditional Standalone (each additional unit)
$15k
- Market Development Agreement - Non‑Traditional with Host Facility (first unit)
$15k
- Market Development Agreement - Non‑Traditional with Host Facility (each additional unit)
$8k
- Market Development Agreement - Term Extension
$8k
- Veteran discount
25.0% off franchise fee — Perkins Patriot Program: 25% reduction of Initial Franchise Fee for first New Development Unit; must be 51% veteran‑owned; cannot combine with other incentives
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2025 filing); filings on file: 2024, 2025.
Growth
- Total locations—
Franchised units open at year-end
- New openings—
Gross new units opened during the calendar year
- 1-year unit growth rate—
Net unit growth versus prior year
- 3-year unit CAGR—
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio—
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate0.2%
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$2.5M
Midpoint of estimated initial investment range
↓ Lower is better - Time to open405 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate4.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.