Qdoba Restaurant Corporation
Food & Beverage · Fast-Casual Restaurants
- Active units
- 594
- Avg unit volume
- $1.6M
- Royalty
- 5.0%
Franchised, year-end 2024
of weekly Net Sales
About Qdoba Restaurant Corporation
Detailed brand overview is not available yet for this profile.
Key terms
- Franchise fee
$40k
- Development Fee credit
If developed in full compliance with a Development Agreement, the $10,000 Development Fee may be applied toward the Franchise Fee.
- Shorter term fee
If franchise term for a traditional unit is fewer than ten years, Franchise Fee is $4,000 for each year or partial year in excess of six months.
- Brand fund
4.5% of Net Sales
- Local advertising
0.0% of Net Sales
- Development Agreement
$10k
- Veteran discount
10000.0% off franchise fee — $10,000 reduction with honorable discharge (VetFran Program)
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 locations613
Franchised units open at year-end
- New openings52
Gross new units opened during the calendar year
- 1-year unit growth rate7.4%
Net unit growth versus prior year
- 3-year unit CAGR6.9%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio5.2×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$1.8M
FY 2025 Average Net Sales for 390 franchised restaurants open all three fiscal years (Chart 1).
- 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 rate8.7%
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment—
Midpoint of estimated initial investment range
- Time to open—
Midpoint of average time from agreement to opening
- Royalty rate5.0%
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.