FranchiseVerdict
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Doner Shack

Food & Beverage - Full ServiceFranchising since 2024Website
Investment
$498K – $1.0M
65th pct Full Service
Avg revenue
57th pct Full Service
Royalty
6.0%
54th pct Full Service
Units
0
0th pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $498K – $1.0M including a $40K franchise fee, 6.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated CAUTION with a risk score of 75/100. SBA loan default rate of 0.0% across 2 loans (below the industry average).
  • No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Doner Shack Franchising LLC
Parent company
Franchise Brands International Inc.
Incorporated in
Delaware
HQ
1688 Meridian Ave., Suite 600, Miami Beach, Florida 33139
Auditor
DA Advisory Group PLLC
Audited financials
Franchisor revenue
$0
Most recent fiscal year

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 Doner Shack unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $498K–$1.0M
Working capital
$
FDD reports $30K–$45K

Unlevered ROIC · per unit

14%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$113K
EBITDA margin
15.0%
Total invested
$790K
Payback
84 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Franchisees operate quick-service restaurants specializing in doner kebab and Mediterranean-inspired fast-casual cuisine. Day-to-day operations involve food preparation, point-of-sale management, inventory control, staffing, and customer service in a small-to-midsize restaurant footprint with takeout and dine-in service.

CEO
Sanjeev Sanghera
Founded
2020
FDD year
2025
States available
0

Item 7 · what it costs

The Vitals

Total investment
$498K – $1.0M
All-in to open one unit
Liquid capital
$30K – $45K
Cash you must have on hand
Franchise fee
$40K
Royalty
6.0%
Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

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
2023
0±0
Franchised units
2024
0
Franchised units
2025
0
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 19 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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 19 states
Not registered

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.

Total loans
2
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

75
Risk · 0-100
CAUTION75 / 100

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.

Score breakdown · what drove the 75 / 100 rating

  1. 01MINORZero operating franchise units despite established brand suggests complete system collapse or pre-launch status
  2. 02HIGHGoing Concern designation indicates franchisor financial distress or viability concerns
  3. 03MEDNo disclosed average revenue or net income (Item 19) prevents ROI validation and suggests poor unit performance
  4. 04MINORWide investment range ($498k–$1.007M) with no financial benchmarks creates uncertainty on capital requirements
  5. 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

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Protected Territory
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Florida

Item 11

Training & Operations

Classroom training
52 hrs
On-the-job training
160 hrs

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

24 numbers

Locked
(410) 576-••••
MD
(502) 573-••••
KY
(801) 530-••••
UT

One-time purchase · CSV download · Validation questions included

FDD download

Doner Shack · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above