Bottom line
- Total investment $367K – $641K including a $35K franchise fee, 3.0% ongoing royalty.
- Average unit revenue of $1.8M/year. Estimated payback in 2.5 years.
- Rated STRONG with a risk score of 50/100.
- Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Döner Haus unit return on the cash you put in?
Unlevered ROIC · per unit
60%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Döner Haus units return on equity?
Equity IRR · 5-yr
29.8%
3.69× MOIC
Year-1 DSCR
2.70×
EBITDA ÷ debt service
Equity required
$8.6M
on $19.5M purchase
Total debt
$10.8M
SBA $5.0M + senior + seller note
Overview
About
Döner Haus franchisees operate quick-service restaurants specializing in döner kebab and Mediterranean fast-casual cuisine. Day-to-day operations include food preparation, customer service, inventory management, and staff supervision in a fast-paced QSR environment with typical lunch/dinner service peaks.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 17 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Döner Haus presents moderate-to-cautious risk: micro-franchise system (2 units) with limited track record, unsubstantiated revenue claims, and thin margins that may not support the high investment requirement.
Score breakdown · what drove the 50 / 100 rating
- 01MINOROnly 2 existing units with unknown growth trajectory creates visibility/viability concerns
- 02MINORHigh investment range ($366k-$640k) against only 2 operating locations limits validation data
- 03MINORNet income of $202k represents only 11.4% net margin — below industry standards for QSR
- 04MEDNo Item 19 financial performance representations disclosed despite claiming $1.77M average revenue
- 05MINORFranchise fee ($35k) is low relative to investment size, suggesting potential underpricing or underdeveloped support system
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
17 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Döner Haus · FDD (2025) PDF