FranchiseVerdict
DUNN BROTHERS COFFEE® logo
FV-00814·MODERATEExcellent91

Dunn Brothers Coffee®

Food & Beverage - Coffee & TeaFranchising since 2022Website
Investment
$456K – $799K
73rd pct Coffee & Tea
Avg revenue
$600K
11th pct Coffee & Tea
Royalty
5.0%
17th pct Coffee & Tea
Units
48
77th pct Coffee & Tea
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $456K – $799K including a $40K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $600K/year (median $570K).
  • Rated MODERATE with a risk score of 64/100. SBA loan default rate of 0.0% across 35 loans (below the industry average).
  • System contracting at -17.0% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Dunn Bros Franchising, LLC
Parent company
Dunn Bros Parent, LLC
Incorporated in
Delaware
HQ
5412 W. Plano Pkwy., Suite 100, Plano, Texas 75093
Auditor
Baker Tilly US, LLP
Audited financials
Franchisor revenue
$2.7M
vs $3.0M prior 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 DUNN BROTHERS COFFEE® unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $600,081
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restaurant
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $456K–$799K
Working capital
$
FDD reports $15K–$54K

Unlevered ROIC · per unit

9%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$60K
EBITDA margin
10.0%
Total invested
$662K
Payback
132 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.

Levered LBO scenario · Yale Crease Capital framing

What would 25 DUNN BROTHERS COFFEE® units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$360K

on $1.8M purchase

Total debt

$1.4M

SBA $0.9M + senior + seller note

Overview

About

Franchisees operate coffee shop retail locations serving specialty beverages, pastries, and light food items. Day-to-day operations include staffing management, inventory ordering, customer service, equipment maintenance, and local marketing within a protected territory.

CEO
Anand Gala
Founded
2022
FDD year
2025
States available
6

Item 7 · what it costs

The Vitals

Total investment
$456K – $799K
All-in to open one unit
Liquid capital
$15K – $54K
Cash you must have on hand
Franchise fee
$40K
Royalty
5.0%
Percentage of Gross Sales · typical 6–8%
Ad fund
3.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$600K
Per unit, per year
Median gross sales
$570K
Item 19 type
Gross Sales
Sample size
27 units
vs category median 13 · large
Range (low → high)
$309K$1.1M
Cohort dispersion
Transparency
4 / 5
vs category median 2 / 5 · above
Revenue rank11th
vs Food & Beverage - Coffee & Tea peers
Investment cost rank73th
Lower investment ranks lower (better)
Royalty rate rank17th
Lower royalty = lower percentile (better)
Unit count rank77th
vs Food & Beverage - Coffee & Tea peers
Risk score rank51th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
48
Opened
1
Last reporting year
Closed
2
Turnover rate
4.2%
Company-owned
4
Corporate units in the system
% franchised
92%
vs corporate-owned
Net growth (yr3)
-10.2%
Net unit change last year
3-yr CAGR
-17.0%
Compounded over last 3 years
2023
44-4
Franchised units
2024
49
Franchised units
2025
53
Franchised units

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

Item 20 · 7 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 · 7 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
35
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

64
Risk · 0-100
MODERATE64 / 100

DUNN BROTHERS COFFEE presents HIGH RISK due to a contracting unit base, undisclosed profitability metrics, franchisor going concern status, and thin revenue-to-investment ratios that suggest systemic viability challenges.

Score breakdown · what drove the 64 / 100 rating

  1. 01MEDUnit decline of 10.2% year-over-year indicates shrinking franchise system despite mature brand
  2. 02MEDNet income not disclosed in Item 19 — inability to assess actual profitability or franchisee ROI
  3. 03HIGHGoing Concern status is FALSE — potential financial instability or viability concerns at franchisor level
  4. 04MINORAverage revenue of $600k against $455k-$799k investment suggests thin margins with high failure risk
  5. 05MINORRoyalty escalation clause (5% to 6% for non-compliance) is punitive and indicates potential franchisor cash flow problems
  6. 06MED48 total units is extremely small system with limited support infrastructure and purchasing power
  7. 07MED10-year term locks franchisees into declining brand with limited exit flexibility

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Radius or description
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
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Texas

Item 11

Training & Operations

Classroom training
20 hrs
On-the-job training
260 hrs
POS system
Qu POS System
Operating tech stack

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

49 numbers

Locked
(651) 653-••••
MN
(218) 724-••••
MN
(319) 200-••••
IA

One-time purchase · CSV download · Validation questions included

FDD download

DUNN BROTHERS COFFEE® · FDD (2025) PDF

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