Dunkin’ vs BURGER 21

Compare franchise fees, investment range, royalties, SBA lending performance, unit growth, and Item 19 transparency with a permanent shareable URL.

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Dunkin’
QSR
Investment
$211K to $1.8M
Franchise fee
$90,000
Item 19 status
Revenue Only
Units
8,265
BURGER 21
QSR
Investment
$413K to $1.1M
Franchise fee
$40,000
Item 19 status
Revenue Only
Units
5
Lower entry cost
Leans left
Based on minimum initial investment.
Better disclosed economics
Even
Uses Item 19 availability and transparency status.
Lower SBA default risk
Even
Treat low-loan brands carefully, sample size matters.
MetricDunkin’BURGER 21
Franchise Fee
$90,000$40,000
Min Investment
$211K$413K
Max Investment
$1.8M$1.1M
Royalty Rate
5.9%5.0%
Ad Fund Rate
5.0%1.0%
Total Ongoing Burden
Royalty plus ad fund when available.
10.9%6.0%
Median Revenue (Item 19)
$1.2M$1.3M
Cash-on-Cash Return
Estimated when revenue and margin assumptions are available.
2.5%12.6%
Payback Period
39.2 yrs7.9 yrs
Revenue per Dollar Invested
1.21x1.80x
Franchised Units
8,2655
1-Year Net Unit Change
200-13
Net Unit Growth Rate
2.5%-72.2%
Net Closure Rate
Net closure proxy based on disclosed unit change.
N/A72.2%
SBA Default Rate
N/A33.3%
SBA Loan Count
Use this to judge whether SBA default data is statistically meaningful.
N/A16
Average SBA Loan Size
N/A$587K
Item 19 Status
Revenue OnlyRevenue Only
Has Item 19
✓ Yes✓ Yes
Data Quality Score
10098

What stands out

  • Dunkin’ opens at $211K to $1.8M, while BURGER 21 ranges from $413K to $1.1M.
  • Dunkin’ shows an Item 19 disclosure; BURGER 21 shows an Item 19 disclosure.
  • Dunkin’ has 8,265 franchised units versus 5 for BURGER 21.

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Last updated: April 2026