How much does a Shipley Do-Nuts franchise cost?
Opening a Shipley Do-Nuts franchise takes a total initial investment of $503,461 to $1,024,946, according to the brand's 2025 Franchise Disclosure Document. The FDD's Item 19 reports median gross sales of $849,273 across 309 outlets.
Shipley Do-Nuts franchises Shops. Category: Food & Beverage.
Item 7
What it costs to open a Shipley Do-Nuts franchise
The franchisor's own estimated initial investment, as disclosed in its 2025 FDD. The total is $503,461 to $1,024,946. Each line below carries the FDD page it was read from.
Where the money goes
The largest costs are Leasehold Improvements ($218,887 to $510,692), Equipment, Furnishings, Technology and computer systems, including POS System ($133,952 to $230,532), and Signage ($15,329 to $64,920). Together they make up about 79% of the high-end estimate.
The initial franchise fee is $40,000, about 7.9% of the low-end total.
Our arithmetic from the Item 7 table below.
| Expenditure | Low | High | Source |
|---|---|---|---|
| Initial Franchise Fee2025 FDD, Item 7, p. 13 | $40,000 | $40,000 | 2025 FDD, Item 7, p. 13 |
| Travel and living expenses while training2025 FDD, Item 7, p. 13 | $1,000 | $10,000 | 2025 FDD, Item 7, p. 13 |
| Lease Deposits/ | $8,400 | $20,000 | 2025 FDD, Item 7, p. 13 |
| Equipment, Furnishings, Technology and computer systems, including POS System2025 FDD, Item 7, p. 13 | $133,952 | $230,532 | 2025 FDD, Item 7, p. 13 |
| Leasehold Improvements2025 FDD, Item 7, p. 13 | $218,887 | $510,692 | 2025 FDD, Item 7, p. 13 |
| Signage2025 FDD, Item 7, p. 13 | $15,329 | $64,920 | 2025 FDD, Item 7, p. 13 |
| Opening Inventory – Food Items2025 FDD, Item 7, p. 13 | $20,000 | $30,000 | 2025 FDD, Item 7, p. 13 |
| Opening Inventory – Non-Food Items2025 FDD, Item 7, p. 13 | $1,500 | $3,000 | 2025 FDD, Item 7, p. 13 |
| Grand Opening Advertising Campaign2025 FDD, Item 7, p. 14 | $20,000 | $20,000 | 2025 FDD, Item 7, p. 14 |
| Utility and other Security Deposits2025 FDD, Item 7, p. 14 | $2,500 | $5,500 | 2025 FDD, Item 7, p. 14 |
| Insurance2025 FDD, Item 7, p. 14 | $1,000 | $2,000 | 2025 FDD, Item 7, p. 14 |
| Architectural/ | $14,893 | $44,802 | 2025 FDD, Item 7, p. 14 |
| Business Licenses/ | $1,000 | $3,500 | 2025 FDD, Item 7, p. 14 |
| Additional Funds/ | $25,000 | $40,000 | 2025 FDD, Item 7, p. 14 |
| Total estimated initial investment2025 FDD, Item 7, p. 13-14 | $503,461 | $1,024,946 | 2025 FDD, Item 7, p. 13-14 |
Source Shipley Do-Nuts, 2025 FDD, Item 7, p. 13-14, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-21. Read from a scanned copy of this FDD; figures and page citations were transcribed from the page images.
Item 19
What Shipley Do-Nuts franchisees actually report earning
Median Gross Sales
$849,273
Shipley Do-Nuts' 2025 FDD, Item 19, for the as of December 31, 2024 (the “Reporting Period”). Basis: Reporting Franchised Shops.
Sample size: 309 outlets. The FDD also reports average gross sales of $928,180. We lead with the median because an average is pulled upward by the strongest outlets; the median is the middle outlet.
What the franchisor excluded from this figure
- 32 franchised Shops were excluded from Item 19 because they were not open for at least 16 months as of the end of the Reporting Period.
- 2 company-owned Shops and 14 franchised Shops that operate in a fashion materially different than, and have financial results that are not representative of, a typical Shop were excluded from the definition of Reporting Shops.
This is a disclosure of what some existing outlets reported, not a projection of what a new Shipley Do-Nuts outlet would earn. Your results will differ.
Source Shipley Do-Nuts, 2025 FDD, Item 19, p. 47-48, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-21. Read from a scanned copy of this FDD; figures and page citations were transcribed from the page images.
Item 20
How many Shipley Do-Nuts outlets there are, and how many closed
Shipley Do-Nuts ended 2024 with 355 franchised outlets and 11 company-owned outlets. In that year 24 franchised outlets opened and 6 left the system.
Three years at a glance
From 2022 through 2024, Shipley Do-Nuts opened 51 franchised outlets and 25 outlets left the system. That is a net gain of 26, from 329 to 355 franchised outlets. Of the outlets that left, 1 was terminated and 24 closed for other reasons.
On average, about 2.5% of franchised outlets left the system each year, roughly 1 in 40.
Our arithmetic from the FDD's Item 20 table below. "Left the system" counts every outlet the franchisor reports as terminated, not renewed, bought back, or closed for other reasons.
| Year | Start | Opened | Terminated | Non-renewed | Reacquired | Ceased, other | End | Source |
|---|---|---|---|---|---|---|---|---|
| 2024 | 337 | 24 | 1 | 0 | 0 | 5 | 355 | 2025 FDD, Item 20, p. 52 |
| 2023 | 326 | 15 | 0 | 0 | 0 | 4 | 337 | 2025 FDD, Item 20, p. 52 |
| 2022 | 329 | 12 | 0 | 0 | 0 | 15 | 326 | 2025 FDD, Item 20, p. 52 |
Source Shipley Do-Nuts, 2025 FDD, Item 20, p. 52, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-21. Read from a scanned copy of this FDD; figures and page citations were transcribed from the page images.
Compare
How Shipley Do-Nuts compares with other Food & Beverage franchises
Measured against the 256 Food & Beverage franchises on this site, using each brand's own FDD.
- Cost to open. The middle of Shipley Do-Nuts' estimated range is $764,204. It costs more to open than 64% of Food & Beverage franchises here.
- Outlets leaving each year. 2.5% for Shipley Do-Nuts. That is lower than 80% of the 165 Food & Beverage franchises with at least 10 outlets.
- Three-year growth. Shipley Do-Nuts' franchised system grew 7.9%. The typical Food & Beverage franchise here grew 4.4%.
- Earnings disclosure. 152 of the 256 Food & Beverage franchises here publish earnings figures in Item 19. Shipley Do-Nuts is one of them.
Our arithmetic from each brand's Item 7 and Item 20. Growth and departure comparisons leave out brands with fewer than 10 outlets, where one opening or closure distorts the figures. See every Food & Beverage franchise side by side.
Alert me when Shipley Do-Nuts files a new FDD
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