FRANCHISE·WATCH·DESK

FILING · MN · 2024 FDD · 1+ YEAR OLD

Qdoba Mexican Eats FDD (Franchise Disclosure Document) — 2024

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). Qdoba Mexican Eats's most recent FDD tracked here is the 2024 FDD · 1+ year old, filed with the Minnesota Department of Commerce (public CARDS portal). Registration-state filings are public records, so you can read it free, with no sign-up.

Get the documentpublic record · PDF
Download from the Minnesota regulator (free) ↗

PUBLIC RECORD · FILED 2024 · SOURCE STATE MN

What the 2024 filing revealedextracted from the filing
ITEM 5Initial franchise fee$40,000
ITEM 6Ongoing royalty5.0% of gross sales
ITEM 7Total initial investment$546K–$1.3M
ITEM 19Earnings disclosure (FPR)Yes — financial performance representation made
ITEM 20Outlets (fiscal 2024)613 franchised at year end · 10 exits (exit rate 1.8%, fiscal 2024)
Item 19 · how Qdoba Mexican Eats's earnings claim is built2024 FDD · page-cited

The headline figure is Average Net Sales for TTM ended Sep 29, 2024 (FY2024), for 444 of 613 outlets open at year end, leaving out non-traditional restaurants, refranchised restaurants, newly opened in last fiscal year and others. The mean is 7% above the median, so a minority of high-volume units pulls the average up.

More completeCovers 444 of 613 units at year end (72%) · median and mean · costs to a profit line

Graded on three things the filing states: coverage (2 points if the figure covers at least 75% of the units it is compared with, 1 point for 50–75%), centre (2 points if it prints both a median and a mean, 1 for one of them), and costs (2 points for costs through a profit line or full cost detail, 1 for some cost items). 5–6 points = More complete, 3–4 = Partial, 0–2 = Limited. The grade describes the disclosure, not the business.

What is measuredAverage Net Sales (net sales)
PeriodTTM ended Sep 29, 2024 (FY2024)
Whose resultsFranchised outlets
Units included444 of 613 franchised outlets at the end of FY2024 (Item 20)
Left out
  • non-traditional restaurants (114)
  • refranchised restaurants (11)
  • newly opened in last fiscal year (23)
  • Canadian restaurants (13)
  • closed 21+ operating days (8)
  • company-owned
Average (mean)$1.6M
Median$1.5M
Mean vs medianmean 7.1% above median
Met or beat the average200 / 444 (45.0%)
Costs shownYes — through a profit line
Wherep. 58 (Item 19 runs pp. 56–60)
The filing's words“We included four hundred and forty-four (444) franchised Qdoba restaurants that were open and franchisee operated for at least one (1) year as of September 29, 2024.”

Every figure above was extracted by software from the 2024 Qdoba Mexican Eats FDD as filed (figures are not individually checked by a person) and links back to that document. Fields that could not be extracted are omitted; no figure here is estimated. Extraction errors are possible: the filing controls, and FDDs are reissued annually; verify against the current issuance before relying on any number. Spotted an error? Franchisors and owners can report it via the contact on our Terms page.

Qdoba Mexican Eats FDD questions, answered

Where can I download the Qdoba Mexican Eats FDD for free?

Qdoba Mexican Eats's 2024 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 Qdoba Mexican Eats's most recent FDD on file?

The most recent Qdoba Mexican Eats FDD tracked here is the 2024 FDD · 1+ year old, filed with the Minnesota Department of Commerce (public CARDS portal). Franchisors must update their FDD annually; confirm you are reading the current issuance before signing.

Does Qdoba Mexican Eats's FDD disclose earnings (Item 19)?

Yes — Qdoba Mexican Eats makes a financial performance representation in Item 19 of its 2024 FDD. Read the basis fine print: franchisors choose which units and metrics to include.

What does Qdoba Mexican Eats's FDD Item 20 show?

In fiscal 2024, Qdoba Mexican Eats ended with 613 franchised outlets; 10 of 571 open at the start of the year left the system (exit rate 1.8%, fiscal 2024) through terminations, non-renewals, and "ceased operations — other reasons".

The Qdoba Mexican Eats validation checklist

questions built from this brand's own filings · read them all on the profile

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