Doner Shack Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Doner Shack is a fast-casual franchise serving German-style doner kebabs and Mediterranean fare. Franchisees run the restaurants, managing food prep, staffing, and counter service.
FranchiseVerdict summary · 2026
A Doner Shack franchise requires a total initial investment of $498K – $1.0M, including a $40K franchise fee and an ongoing 6.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: D (Below average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $498K – $1.0M
- 76th pct Service Resta…
- Avg gross sales
- N/A
- 0 outlets
- Royalty
- 6.0%
- 46th pct Service Resta…
- Units
- 0
- 0th pct Service Resta…
- SBA charge-off
- N/A
Quick verdict · Quick-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Quick-Service Restaurants avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $498K – $1.0M including a $40K franchise fee, 6.0% ongoing royalty.
- RETURNSAudited FY2024 (year ended Dec 31, 2024). First audited statements; franchisor began offering franchises Sept 5, 2024 and had $0 revenue. Net loss of $90,719. Auditor based in Troy, MI (firm name not present in extracted text). Only one year of audited statements provided (not yet franchising 3+ years).
- RISKVerdict D (Below average), verdict score 38/100 (higher is better).
- FLAGBankruptcy history disclosed in the FDD. Review Item 4 for details before proceeding.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Doner Shack Franchising, LLC
- Parent company
- Franchise Brands International Inc.
- CEO title
- CEO
- Sanjeev Sanghera
- Incorporated in
- DE
- HQ
- 1688 Meridian Ave., Suite 600, Miami Beach, Florida 33139
- Auditor
- DA Advisory Group PLLC
- Audited financials
- Franchisor revenue
- $0
- Most recent fiscal year
Affiliated brands
- is Haus Hospitality Ltd
- Doner Shack Holdings Ltd
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Sanjeev Sanghera
- Headquarters
- FL
- Founded
- 2020
- FDD year
- 2025
- States available
- 0
Can you afford it, and what does the money buy?
Entry cost runs 14% above the typical quick-service restaurants franchise.
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown16 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $40K | $40K | |
| Training Expenses | $4K | $10K | |
| Estimated Rent (3 Months) | $15K | $38K | |
| Civil & Architectural Drawings / Professional Fees | $12K | $25K | |
| Zoning Expenses | $0 | $13K | |
| Improvements / Construction | $165K | $395K | |
| Equipment | $155K | $265K | |
| Decor Package | $3K | $10K | |
| Interior & Exterior Signage | $10K | $20K | |
| Drive Thru | $0 | $25K | |
| Grand Opening Advertising | $10K | $10K | |
| Cash, Inventory Control and Order Taking System | $25K | $45K | |
| Insurance | $14K | $25K | |
| Initial Inventory | $6K | $12K | |
| Business Licenses, Utility Deposits, Lease Deposits and Payments | $10K | $30K | |
| Working Capital / Additional Funds (3 Months) | $30K | $45K | |
| Total initial investment | $498K | $1.0M |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $498K – $1.0M
- Bottom third — review vs category
- Liquid capital req'd
- $30K – $45K
- Middle of category vs category
- Franchise fee
- $40K – $40K
- Middle of category vs category
- Royalty
- 6.0%
- percentage · typical 6–8%
- Ad fund
- 0.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 0.0% of gross sales |
| Technology fee | $1K |
| Training fee | $4K |
| Transfer fee | $10K |
| Renewal fee | $5K |
| Inventory (initial) | $6K – $12K |
| Total fee load | 8.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Doner Shack did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Doner Shack unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
15%
Below the 30–60% attractive-franchise band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Audited FY2024 (year ended Dec 31, 2024). First audited statements; franchisor began offering franchises Sept 5, 2024 and had $0 revenue. Net loss of $90,719. Auditor based in Troy, MI (firm name not present in extracted text). Only one year of audited statements provided (not yet franchising 3+ years).
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 8.0% (near the Quick-Service Restaurants average).
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Quick-Service Restaurants averages
How Doner Shack Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 0
- Opened
- 0
- Last reporting year
- Closed
- 0
- Company-owned
- 0
- Corporate units in the system
3-year detail · Item 20
- Opened (3yr)
- 0
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 1 7(a) loan on file; statistical reliability is limited below 10 loans.
- Total loans
- 1
- Loan volume
- $385K
- Median loan
- $385K
- 50th percentile
- Charge-off rate
- N/A
- limited sample (1 loan) — rate not shown below 10
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 1
- Defaults
- N/A
Explore lender portfolios on Bank Reports or regional data on State Reports.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Doner Shack presents extreme risk: zero operating units, going concern status, and complete absence of financial disclosure make this a pre-revenue or collapsed franchise system unsuitable for investment.
Litigation (Item 3)
0 case reference(s): 0 pending, 0 settled.
Largest disclosed settlement: $40,000
Bankruptcy (Item 4)
Disclosed in last 7 years
On August 23, 2024, Haus Holdings Limited, a UK company at which CEO Sanjeev Sanghera served as Director, filed a Petition to Wind Up. Court issued Wind-Up order on November 12, 2024 (Case CR-2024-LDS-000909).
Audited financials (Item 21)
Yes · DA Advisory Group PLLC
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
Score breakdown · what drove the 38 / 100 verdict
- 01MINORZero operating franchise units despite established brand suggests complete system collapse or pre-launch status
- 02HIGHGoing Concern designation indicates franchisor financial distress or viability concerns
- 03MEDNo disclosed average revenue or net income (Item 19) prevents ROI validation and suggests poor unit performance
- 04MINORWide investment range ($498k–$1.007M) with no financial benchmarks creates uncertainty on capital requirements
- 05MINORUnknown unit growth trajectory suggests either new concept or failing system with no track record
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 5 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 2 |
| Curable defaultsℹ | 1 |
| Mandatory arbitration | No |
| Arbitration location | Florida (mediation first; then litigation in Florida courts) |
| Jury trial waiver | No |
| Governing law | FL |
| Litigation count | 0 |
View Item 3 litigation summary
0 case reference(s): 0 pending, 0 settled.
Items 10, 11
Training & Operations
- Classroom training
- 39 hrs
- On-the-job training
- 120 hrs
- Training location
- Miami Beach, FL, or another location franchisor designates
- Ongoing training
- Required
- Time to open
- 7 mo
- From signing to launch
- Site selection
- Franchisee selects with franchisor approval required
- Franchisor financing
- Not offered
- Item 10
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
2 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Doner Shack · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Doner Shack franchise?
The total investment to open a Doner Shack franchise ranges from $498K – $1.0M, with an initial franchise fee of $40K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Doner Shack franchise owners earn?
Doner Shack does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the Doner Shack FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Doner Shack FDD and qualifies whose outlets they describe.
What is Doner Shack's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Doner Shack (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
Is Doner Shack a good franchise to buy?
FranchiseVerdict rates Doner Shack as a D-grade franchise with a verdict score of 38 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent Doner Shack, you can request corrections or provide updated information.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.