QDOBA RESTAURANT CORPORATION 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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QDOBA RESTAURANT CORPORATION
QSR
Investment
$477K to $1.1M
Franchise fee
$30,000
Item 19 status
Revenue Only
Units
406
BURGER 21
QSR
Investment
$413K to $1.1M
Franchise fee
$40,000
Item 19 status
Revenue Only
Units
5
Lower entry cost
Leans right
Based on minimum initial investment.
Better disclosed economics
Even
Uses Item 19 availability and transparency status.
Lower SBA default risk
Leans left
Treat low-loan brands carefully, sample size matters.
MetricQDOBA RESTAURANT CORPORATIONBURGER 21
Franchise Fee
$30,000$40,000
Min Investment
$477K$413K
Max Investment
$1.1M$1.1M
Royalty Rate
5.0%5.0%
Ad Fund Rate
1.3%1.0%
Total Ongoing Burden
Royalty plus ad fund when available.
6.3%6.0%
Median Revenue (Item 19)
$1.3M$1.3M
Cash-on-Cash Return
Estimated when revenue and margin assumptions are available.
10.8%12.6%
Payback Period
9.2 yrs7.9 yrs
Revenue per Dollar Invested
1.60x1.80x
Franchised Units
4065
1-Year Net Unit Change
-2-13
Net Unit Growth Rate
-0.5%-72.2%
Net Closure Rate
Net closure proxy based on disclosed unit change.
0.5%72.2%
SBA Default Rate
0.0%33.3%
SBA Loan Count
Use this to judge whether SBA default data is statistically meaningful.
1616
Average SBA Loan Size
$847K$587K
Item 19 Status
Revenue OnlyRevenue Only
Has Item 19
✓ Yes✓ Yes
Data Quality Score
10098

What stands out

  • QDOBA RESTAURANT CORPORATION opens at $477K to $1.1M, while BURGER 21 ranges from $413K to $1.1M.
  • QDOBA RESTAURANT CORPORATION shows an Item 19 disclosure; BURGER 21 shows an Item 19 disclosure.
  • QDOBA RESTAURANT CORPORATION has 406 franchised units versus 5 for BURGER 21.

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Last updated: April 2026