Research preview · Archived source data · Not independently reviewed · Automated extraction

Food & Beverage · Brand S2538

Shipley Do-Nut franchise research

Costs by format. Disclosure context. Historical loan evidence. Know what is captured and what still needs diligence.

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Source: FDD issued Apr 30, 2026 · SBA data through Jun 30, 2026 · Automated extraction, not human-reviewed · View all sources

Investment
$516,512 to $855,147
Single Shop under Franchise Agreement (excluding real estate purchase and lease costs) · +1 more
Royalty
5%
5% of previous week's Gross Sales, paid weekly
Working capital
Additional Funds/Working Capital - 3 Months: $25,000 low and high
FDD Item 7
Units
381
+27 net in 2025
SBA loans approved
18
FY2021 to FY2026 YTD
SBA charge-off share
Small sample
historical, not a failure rate

Investment by format

Estimated initial investment by named format
FormatDisclosed range
Single Shop under Franchise Agreement (excluding real estate purchase and lease costs)$516,512 to $855,147
Multi-Shop Development Agreement, 3-5 Shops (development fee + professional fees only; first Shop cost is additional)$62,000 to $84,000

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.22 ↗

Franchise fees and ongoing costs

Franchise fee
$40,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.
Royalty
5% · 5% of previous week's Gross Sales, paid weekly
Marketing contribution
1% (basis not captured; see original filing)
Technology fee
Currently $0; if implemented, will not exceed $125 per week (franchisor reserves right to increase)
Other fees
Loyalty program currently $115/month per Shop; Regional Advertising Cooperative up to 1% of Gross Sales weekly (not currently assessed for new franchisees); required purchases of proprietary products from franchisor/affiliate Shipley Supply Co
Working capital (FDD Item 7)
Additional Funds/Working Capital - 3 Months: $25,000 low and high

Fees sourceFDD p.14 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.22 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured
Yes
Metric / basis
Average, median, highest/lowest and quartile Gross Sales for franchised Shops; average/median Gross Sales, cost percentages and EBITDA for company-owned Shops
Reporting period
Calendar year ended December 31, 2025 (Shops open at least 16 months and operating the full 12 months)
Sample
305 Reporting Franchised Shops (of 381 franchised open); 9 Reporting Company Shops (of 12 company-owned open)
Reported average
$933,203
Reported median
$850,885

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.56 ↗

Unit growth: Item 20

Reporting year
2025
Scope
franchised outlets
Starting outlets
354
Year-end outlets
381
Net change
+27
Derivation
ending minus starting outlets
Openings
34
Terminations
0
Non-renewals
0
Other closures
7
Reacquisitions
0
Transfers
24

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.58 ↗

SBA loan history

Loan activity
18 approvals
Activity window
FY2021-FY2026 YTD; snapshot 2026-06-30
Median SBA loan
$661,500
Median loan window
FY2023-FY2026 YTD through 2026-06-30
Median loan sample
14 loans
Historical charge-off share
Suppressed: fewer than 10 seasoned loans
Cohort
7(a) FY2010-2019 approvals
Numerator / denominator
0 / 6
Formula
CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median loan amounts are financing context, not startup cost. The median window is separate from the seasoned charge-off cohort.

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does Shipley Do-Nut franchise cost?

Single Shop under Franchise Agreement (excluding real estate purchase and lease costs): $516,512 to $855,147; Multi-Shop Development Agreement, 3-5 Shops (development fee + professional fees only; first Shop cost is additional): $62,000 to $84,000 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $40,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.22 ↗

Franchise fee sourceFDD · page not captured ↗

How much do Shipley Do-Nut owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Average, median, highest/lowest and quartile Gross Sales for franchised Shops; average/median Gross Sales, cost percentages and EBITDA for company-owned Shops. Sample: 305 Reporting Franchised Shops (of 381 franchised open); 9 Reporting Company Shops (of 12 company-owned open). Period: Calendar year ended December 31, 2025 (Shops open at least 16 months and operating the full 12 months).

Item 19 performance sourceFDD p.56 ↗

What's the SBA charge-off rate for Shipley Do-Nut?

Suppressed: fewer than 10 seasoned loans; numerator / denominator: 0 / 6. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability. Median SBA loan: $661,500; window: FY2023-FY2026 YTD through 2026-06-30; sample: 14 loans. Median financing is not total investment.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Sources and data details

Every figure above links to the page of the filing it was read from. These are the document IDs, page pointers and checksums behind them, for anyone who wants to audit the data.

Show document IDs, page pointers and hashes
Fees

Original source · FDD issued: 2026-04-30; Registry received: 05/01/2026
Document: 36502-202605-14; document SHA-256: 4974a6eee2872d365e1939038846483e2f273c254674bcd7be108a38d499b924
PDF page: 14; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

Investment

Original source · FDD issued: 2026-04-30; Registry received: 05/01/2026
Document: 36502-202605-14; document SHA-256: 4974a6eee2872d365e1939038846483e2f273c254674bcd7be108a38d499b924
PDF page: 22; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

Franchise fee

Original source · FDD issued: 2026-04-30; Registry received: 05/01/2026
Document: 36502-202605-14; document SHA-256: 4974a6eee2872d365e1939038846483e2f273c254674bcd7be108a38d499b924
PDF page: Not captured; pointer: source-known-page-unknown. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
Enrichment generated: 2026-10-03T11:34:53.025030+00:00

Item 19 performance

Original source · FDD issued: 2026-04-30; Registry received: 05/01/2026
Document: 36502-202605-14; document SHA-256: 4974a6eee2872d365e1939038846483e2f273c254674bcd7be108a38d499b924
PDF page: 56; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

Unit growth

Original source · FDD issued: 2026-04-30; Registry received: 05/01/2026
Document: 36502-202605-14; document SHA-256: 4974a6eee2872d365e1939038846483e2f273c254674bcd7be108a38d499b924
PDF page: 58; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

SBA loans

Original source · SBA snapshot: 2026-06-30
Document: FOIA_7a_FY2010_FY2019_asof_260630.csv; document SHA-256: 01a3e2c7988a6f4052e53f218a309feb2ec2fe42887bebdc0fa94ac8b1024ade
PDF page: Not captured; pointer: raw-aggregate-recomputed. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
Input document hashes: FOIA_7a_FY2010_FY2019_asof_260630.csv: 01a3e2c7988a6f4052e53f218a309feb2ec2fe42887bebdc0fa94ac8b1024ade; FOIA_7a_FY2020_Present_asof_260630.csv: 6c1e9132b5141a19f82bdc8ccafb86c9a01662461cad41ddb36a3cf409d8a4fe; FOIA_504_FY2010_Present_asof_260630.csv: 8c0e15414217254bcde2a253a8f17418b3dc65ce78dbc56cc1f1ab05c4a05ad4; code_map.csv: df55c53a0afc764ee1507d535a1924a3fab105a6daca0143ca56d9791d385d7b

Median SBA loan

Original source · SBA snapshot: 2026-06-30
Document: FOIA_7a_FY2020_Present_asof_260630.csv; document SHA-256: 6c1e9132b5141a19f82bdc8ccafb86c9a01662461cad41ddb36a3cf409d8a4fe
PDF page: Not captured; pointer: raw-median-recomputed. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
Input document hashes: FOIA_7a_FY2020_Present_asof_260630.csv: 6c1e9132b5141a19f82bdc8ccafb86c9a01662461cad41ddb36a3cf409d8a4fe; code_map.csv: df55c53a0afc764ee1507d535a1924a3fab105a6daca0143ca56d9791d385d7b
Enrichment generated: 2026-10-03T11:34:53.025030+00:00
Program: 7(a); Amount column: GrossApproval