OFFICIAL FILING · MN · 2025
PERKINS AND PERKINS RESTAURANT AND BAKERY FDD (Franchise Disclosure Document) — 2025
The FDD is the 23-item legal disclosure every U.S. franchisor must hand you at least 14 days before you sign or pay anything (FTC Franchise Rule, 16 CFR 436). PERKINS AND PERKINS RESTAURANT AND BAKERY's most recent FDD tracked here was filed in 2025 with the Minnesota Department of Commerce (public CARDS portal) — and because registration-state filings are public records, you can read it free, without giving a broker your phone number.
THE SAME DOCUMENT SITES SELL OR GATE BEHIND LEAD FORMS. FILED 2025 · SOURCE STATE MN
| ITEM 5 | Initial franchise fee | $40K |
| ITEM 6 | Ongoing royalty | 4.0% of gross sales |
| ITEM 7 | Total initial investment | $1.3M–$3.6M |
| ITEM 3 | Disclosed litigation matters | 4 |
| ITEM 4 | Bankruptcy history disclosed | Yes |
| ITEM 19 | Earnings disclosure (FPR) | Yes — median unit volume $1.9M (Item 19 Table 2, "Perkins Franchised Restaurants – Calendar Year 2024 Net Sales": Total Franchised Restaurants, 168 units, Average Net Sales per Unit $1,933,346, High $4,240,320, Median $1,929,925, Low $589,679, 82/49% of units above average. Note 1: "The tables above include all Standard Units of any design, including those that have been remodeled, provided that each meets following criteria: (a) for Tables 1-3, the Restaurant was open as of December 31, 2024 … and (b) the Restaurant was open at least 50% of the calendar year represented in the respective table." Tables 1-3 include Units that were open as of April 29, 2025 and were open at least 50% of 2024. "Table 2 - 2024 Franchised Units: 12 Units were not included. These Units had an average Net Sales of $984,841, a high Net Sales of $2,303,249, median Net Sales of $1,032,546, and low Net Sales of $12,046." Note 4: "The franchisee information reflected in the Tables was prepared using financial information provided to us by franchisees. The franchisees' financial information is not audited." Note 5: data for Franchised Units includes a limited number of Units located in Canada (6 in 2024), converted from Canadian dollars to US dollars.) |
| ITEM 20 | Outlets (fiscal 2024) | 175 franchised at year end · 7 exits (3.8% annualized) |
| ITEM 21 | Franchisor financial statements | clean (unqualified) audit opinion — Frazier & Deeter, LLC |
Citation discipline: every figure above is extracted from the 2025 PERKINS AND PERKINS RESTAURANT AND BAKERY FDD as filed and links back to that document. Fields the filing did not state are omitted — nothing here is estimated, surveyed, or filled in from marketing material. FDDs are reissued annually; verify against the current issuance before relying on any number.
PERKINS AND PERKINS RESTAURANT AND BAKERY FDD questions, answered
Where can I download the PERKINS AND PERKINS RESTAURANT AND BAKERY FDD for free?
PERKINS AND PERKINS RESTAURANT AND BAKERY's 2025 Franchise Disclosure Document is a public record, filed with the Minnesota Department of Commerce (public CARDS portal). It can be downloaded free from the source link on this page — no broker form, no email signup required.
What year is PERKINS AND PERKINS RESTAURANT AND BAKERY's most recent FDD on file?
The most recent PERKINS AND PERKINS RESTAURANT AND BAKERY FDD tracked here was filed in 2025 with the Minnesota Department of Commerce (public CARDS portal). Franchisors must update their FDD annually, so confirm you are reading the current issuance before signing.
Does PERKINS AND PERKINS RESTAURANT AND BAKERY's FDD disclose earnings (Item 19)?
Yes — PERKINS AND PERKINS RESTAURANT AND BAKERY makes a financial performance representation in Item 19 of its 2025 FDD, reporting a median unit volume of $1.9M. Read the basis fine print: franchisors choose which units and metrics to include.
What does PERKINS AND PERKINS RESTAURANT AND BAKERY's FDD Item 20 show?
In fiscal 2024, PERKINS AND PERKINS RESTAURANT AND BAKERY ended with 175 franchised outlets; 7 of 183 open at the start of the year left the system — an annualized exit rate of 3.8% (terminations, non-renewals, and "ceased operations — other reasons").
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing PERKINS AND PERKINS RESTAURANT AND BAKERY's numbers, including talking you out of a bad deal.
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