FranchiseVerdict
Sunny Street Café logo
FV-02497·MODERATEExcellent86

Sunny Street Café

Formerly known as Red Robin International

Food & Beverage - Full ServiceFranchising since 2008Website
Investment
$465K – $1.3M
61st pct Full Service
Avg revenue
$1.3M
26th pct Full Service
Royalty
5.3%
50th pct Full Service
Units
22
55th pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $465K – $1.3M including a $35K franchise fee, 5.3% ongoing royalty.
  • Average unit revenue of $1.3M/year (median $1.3M).
  • Rated MODERATE with a risk score of 65/100. SBA loan default rate of 0.0% across 4 loans (below the industry average).
  • No protected territory and the franchisor reserves the right to compete in your area. Clarify territorial boundaries before signing.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Rise & Dine Restaurants, Inc.
Incorporated in
Ohio
HQ
274 Marconi Blvd., Suite 100, Columbus, Ohio 43215
Auditor
Perks Pusateri
Audited financials
Franchisor revenue
$1.7M
vs $1.8M 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 Sunny Street Café unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,261,524
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: $465K–$1.3M
Working capital
$
FDD reports $15K–$50K

Unlevered ROIC · per unit

21%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$192K
EBITDA margin
15.2%
Total invested
$919K
Payback
57 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 Sunny Street Café units return on equity?

Edit assumptions

Equity IRR · 5-yr

47.3%

6.94× MOIC

Year-1 DSCR

1.93×

EBITDA ÷ debt service

Equity required

$2.3M

on $10.4M purchase

Total debt

$8.1M

SBA $5.0M + senior + seller note

SBA 7(a) request ($5.2M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Franchisees operate quick-service café locations serving specialty coffee, light breakfast/lunch items, and beverages in high-traffic retail or commercial spaces. Day-to-day operations include staff scheduling, inventory management, food preparation, customer service, and local marketing—with significant labor and supply chain dependencies.

CEO
Scott A. Moffitt
Founded
2008
FDD year
2025
States available
4

Item 7 · what it costs

The Vitals

Total investment
$465K – $1.3M
All-in to open one unit
Liquid capital
$15K – $50K
Cash you must have on hand
Franchise fee
$35K
Royalty
5.3%
Percentage of Gross Sales with weekly minimum · typical 6–8%
Ad fund
2.5%
typical 3–5%
Total fee load
7.8%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$1.3M
Per unit, per year
Median gross sales
$1.3M
Item 19 type
Historical
Sample size
12 units
vs category median 15
Range (low → high)
$676K$1.6M
Cohort dispersion
Transparency
7 / 5
vs category median 4 / 5 · above
Revenue rank26th
vs Food & Beverage - Full Service peers
Investment cost rank61th
Lower investment ranks lower (better)
Royalty rate rank50th
Lower royalty = lower percentile (better)
Unit count rank55th
vs Food & Beverage - Full Service peers
Risk score rank62th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
22
Opened
0
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
10
Corporate units in the system
% franchised
55%
vs corporate-owned
Net growth (yr3)
+0.0%
Net unit change last year
3-yr CAGR
+0.0%
Compounded over last 3 years
2023
12±0
Franchised units
2024
12
Franchised units
2025
12
Franchised units

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

Item 20 · 13 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 · 13 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
4
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

65
Risk · 0-100
MODERATE65 / 100

Sunny Street Café presents caution-level risk due to undisclosed profitability data, corporate going concern status, unprotected territory, and stagnant unit growth—requiring extensive franchisee validation before investment.

Score breakdown · what drove the 65 / 100 rating

  1. 01MINORNo net income disclosure (Item 19) prevents ROI validation and profitability assessment
  2. 02HIGHGoing Concern status is False — indicates potential financial distress at corporate level
  3. 03MINORUnprotected territory creates direct competition risk from other Sunny Street franchisees
  4. 04MINORSmall unit count (22 locations) with unknown growth trajectory suggests stagnation
  5. 05MINORWide investment range ($464K-$1.3M) indicates inconsistent unit economics or hidden variables
  6. 06MINOR5.25% royalty + $250/week minimum ($13K annually) creates fixed cost burden on lower-revenue units
  7. 07MINOR10-year term is lengthy commitment with no territory protection or performance guarantees

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Protected territory
No
Initial term
10 years
Renewal term
10 years
Online sales rights
Granted
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
Ohio

Item 11

Training & Operations

Classroom training
6 hrs
On-the-job training
194 hrs
POS system
Toast
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

15 numbers

Locked
(608) 266-••••
VA
(212) 416-••••
NY
(317) 232-••••
IN

One-time purchase · CSV download · Validation questions included

FDD download

Sunny Street Café · FDD (2025) PDF

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