Old Ferry Donut
Bottom line
- Total investment $254K – $422K including a $50K franchise fee, 7.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated CAUTION with a risk score of 72/100.
- 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
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 Old Ferry Donut unit return on the cash you put in?
Unlevered ROIC · per unit
27%
Below typical band (30–60%)
Overview
About
Old Ferry Donut franchisees operate retail donut shops, managing daily production, point-of-sale operations, inventory, and customer service. Franchisees source ingredients per franchisor specifications, maintain brand standards, and handle local marketing while paying 7% of gross sales in ongoing royalties to the franchisor.
Item 7 · what it costs
The Vitals
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
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 4 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
Severely undercapitalized franchise system with regulatory compliance failures, zero transparency on unit economics, and minimal growth—presents high operational and financial risk.
Score breakdown · what drove the 72 / 100 rating
- 01HIGHRegulatory consent order with California DFPI for failure to disclose litigation to franchisees—demonstrates compliance and transparency failures
- 02MINOROnly 5 units system-wide with unknown growth trajectory—suggests stagnant or declining franchise system
- 03MINORNo average revenue or net income disclosure in FDD Item 19—impossible to validate ROI claims or unit economics
- 04MINORUnprotected territory combined with high initial investment ($253.5k–$422k) creates severe cannibalization risk
- 05MED7% royalty on undisclosed revenues creates cash flow burden without baseline performance visibility
- 06MINOR$50,000 franchise fee with 7-year term suggests front-loaded model benefiting franchisor over franchisee success
- 07HIGHNo going concern statement is positive but only 5 units raises viability questions
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
4 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Old Ferry Donut · FDD (2025) PDF