OFFICIAL FILING · MN · 2026
Shipley Do-Nuts FDD (Franchise Disclosure Document) — 2026
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). Shipley Do-Nuts's most recent FDD tracked here was filed in 2026 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 2026 · SOURCE STATE MN
| ITEM 5 | Initial franchise fee | $40K |
| ITEM 6 | Ongoing royalty | 5.0% of gross sales |
| ITEM 7 | Total initial investment | $517K–$855K |
| ITEM 3 | Disclosed litigation matters | 10 |
| ITEM 19 | Earnings disclosure (FPR) | Yes — median unit volume $851K ("Set forth below we disclose certain historical financial performance representations for our company-owned Shops and franchised Shops that opened at least 16 months prior to December 31, 2025 (the "Measurement Period") and that remained open and continuously operating the full 12 month period prior to December 31, 2025. As of the end of the December 31, 2025, there were a total of 12 company-owned Shops and 381 franchised Shops open; however, we only disclose financial information below for 9 company-owned Shops ("Reporting Company Shops") and 305 franchised Shops ("Reporting Franchised Shops", and sometimes referred to collectively with Reporting Company Shops as the "Reporting Shops"). 61 franchised Shops and 1 company-owned Shop were excluded from Item 19 because they either opened during the Measurement Period or because they temporarily closed during the 2025 calendar year. Also excluded from the definition of Reporting Shops are 15 franchised Shops and 2 company-owned Shops that are operate in a fashion materially different than, and have financial results that are not representative of, a typical Shop (i.e., 2 excluded company-owned Shops function as our training stores for the entire franchise system and, 15 franchised Shops are satellite/non-traditional locations that do not prepare the products on-site)." Top-quartile figure is "Top 25% Performing Shops (77) $1,468,882". "Of the 305 Reporting Franchised Shops, 127 (or 42%) met or exceeded the Average Gross Sales as of the end of the Reporting Period." Note 9: "We have not audited this information, nor independently verified this information.") |
| ITEM 20 | Outlets (fiscal 2025) | 381 franchised at year end · 7 exits (2.0% annualized) |
| ITEM 21 | Franchisor financial statements | clean (unqualified) audit opinion — Grant Thornton LLP |
Citation discipline: every figure above is extracted from the 2026 Shipley Do-Nuts 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.
Shipley Do-Nuts FDD questions, answered
Where can I download the Shipley Do-Nuts FDD for free?
Shipley Do-Nuts's 2026 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 Shipley Do-Nuts's most recent FDD on file?
The most recent Shipley Do-Nuts FDD tracked here was filed in 2026 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 Shipley Do-Nuts's FDD disclose earnings (Item 19)?
Yes — Shipley Do-Nuts makes a financial performance representation in Item 19 of its 2026 FDD, reporting a median unit volume of $851K. Read the basis fine print: franchisors choose which units and metrics to include.
What does Shipley Do-Nuts's FDD Item 20 show?
In fiscal 2025, Shipley Do-Nuts ended with 381 franchised outlets; 7 of 354 open at the start of the year left the system — an annualized exit rate of 2.0% (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 Shipley Do-Nuts's numbers, including talking you out of a bad deal.
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