How much does a The Doan Group franchise cost?
Opening a The Doan Group franchise takes a total initial investment of $14,050 to $68,000, according to the brand's 2025 Franchise Disclosure Document. The FDD's Item 19 reports median of $106,518 across 26 outlets.
The Doan Group franchises businesses that provide appraisal services. Category: Financial Services.
Item 7
What it costs to open a The Doan Group franchise
The franchisor's own estimated initial investment, as disclosed in its 2025 FDD. The total is $14,050 to $68,000. Each line below carries the FDD page it was read from.
Where the money goes
The largest costs are Software License Fees (3 months) ($750 to $3,000), Leasehold Improvements ($0 to $2,500), and Equipment, Computer Hardware and Software ($1,000 to $2,000).
The initial franchise fee is $10,000 to $50,000.
Our arithmetic from the Item 7 table below.
| Expenditure | Low | High | Source |
|---|---|---|---|
| Initial Franchise Fee2025 FDD, Item 7, p. 10 | $10,000 | $50,000 | 2025 FDD, Item 7, p. 10 |
| Rent and Security Deposit – 3 months2025 FDD, Item 7, p. 11 | $0 | $2,000 | 2025 FDD, Item 7, p. 11 |
| Leasehold Improvements2025 FDD, Item 7, p. 11 | $0 | $2,500 | 2025 FDD, Item 7, p. 11 |
| Equipment, Computer Hardware and Software2025 FDD, Item 7, p. 11 | $1,000 | $2,000 | 2025 FDD, Item 7, p. 11 |
| Business Licenses and Permits2025 FDD, Item 7, p. 11 | $100 | $1,000 | 2025 FDD, Item 7, p. 11 |
| Utility Deposits2025 FDD, Item 7, p. 11 | $0 | $1,000 | 2025 FDD, Item 7, p. 11 |
| Insurance2025 FDD, Item 7, p. 11 | $300 | $1,500 | 2025 FDD, Item 7, p. 11 |
| Professional Fees2025 FDD, Item 7, p. 11 | $50 | $2,000 | 2025 FDD, Item 7, p. 11 |
| Software License Fees (3 months)2025 FDD, Item 7, p. 11 | $750 | $3,000 | 2025 FDD, Item 7, p. 11 |
| Training Expenses (Includes travel and lodging)2025 FDD, Item 7, p. 11 | $800 | $1,500 | 2025 FDD, Item 7, p. 11 |
| Additional Operating Funds (3 Months)2025 FDD, Item 7, p. 11 | $600 | $1,500 | 2025 FDD, Item 7, p. 11 |
| Total estimated initial investment2025 FDD, Item 7, p. 10-11 | $14,050 | $68,000 | 2025 FDD, Item 7, p. 10-11 |
About this total: The printed total was re-read from page 11 and is what the document prints.
Source The Doan Group, 2025 FDD, Item 7, p. 10-11, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-16.
Item 19
What The Doan Group franchisees actually report earning
Median
$106,518
The Doan Group's 2025 FDD, Item 19, for the 2022, 2023 and 2024 Measurement Periods. Basis: Franchised Locations.
Sample size: 26 outlets. The FDD also reports average of $350,355. 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
- During the 2022 Measurement Period, five of the twenty-five franchised locations in operation for some portion of the period were excluded because they all opened for business during the 2022 Measurement Period and had not been in operation for a year.
This is a disclosure of what some existing outlets reported, not a projection of what a new The Doan Group outlet would earn. Your results will differ.
Source The Doan Group, 2025 FDD, Item 19, p. 35, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-16.
Item 20
How many The Doan Group outlets there are, and how many closed
The Doan Group ended 2025 with 26 franchised outlets and no company-owned outlets. In that year 8 franchised outlets opened and none left the system.
Three years at a glance
From 2023 through 2025, The Doan Group opened 16 franchised outlets and 13 outlets left the system. That is a net gain of 3, from 23 to 26 franchised outlets. Of the outlets that left, 13 were bought back by the franchisor.
On average, about 20% of franchised outlets left the system each year, roughly 1 in 5.
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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | 18 | 8 | 0 | 0 | 0 | 0 | 26 | 2025 FDD, Item 20, p. 39 |
| 2024 | 25 | 3 | 0 | 0 | 10 | 0 | 18 | 2025 FDD, Item 20, p. 39 |
| 2023 | 23 | 5 | 0 | 0 | 3 | 0 | 25 | 2025 FDD, Item 20, p. 39 |
Source The Doan Group, 2025 FDD, Item 20, p. 39, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-16.
Compare
How The Doan Group compares with other Financial Services franchises
Measured against the 14 Financial Services franchises on this site, using each brand's own FDD.
- Cost to open. The middle of The Doan Group's estimated range is $41,025. It costs less to open than 92% of Financial Services franchises here.
- Outlets leaving each year. 20% for The Doan Group. That is higher than 86% of the 8 Financial Services franchises with at least 10 outlets.
- Three-year growth. The Doan Group's franchised system grew 13%. The typical Financial Services franchise here shrank 13%.
- Earnings disclosure. 4 of the 14 Financial Services franchises here publish earnings figures in Item 19. The Doan Group 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 Financial Services franchise side by side.
Alert me when The Doan Group files a new FDD
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