FDD-based analysis. Item-level data. No franchisor input.
Perkins LLC franchises Perkins Restaurants, full-service restaurants that serve a broad menu of breakfast, lunch, and dinner entrees to customers for on-premises dining, personal carry out, catering, and delivery within a designated territory. Owners operate a franchise built around a system covering recipe formulation and food preparation techniques, equipment selection and layouts, and personnel training, either as a New Development Unit, a Resale Unit, or a smaller-format Non-Traditional Unit located within a Host Facility such as a convenience store, airport, hospital, or college food service facility. Some franchisees also operate Virtual Product Offerings, such as Papa Corazon's Quesadillas or third-party virtual brands, from their existing kitchen and preparation space for delivery-only orders. Perkins Restaurants compete primarily with other restaurants offering a similar menu and other fast service restaurants, as well as with food service operators serving customers through delivery, ghost kitchens, and virtual brands.
Source: Entrepreneur 2026 ranking/profile data and Franchise Disclosure Document, rewritten by Zorzee
Every value here comes straight from the FDD; anything not yet source-verified stays blank rather than estimated. The Pro figures and full interpretation unlock with a Pro membership.
Every data point Zorzee tracks for this brand, in FDD Item order. Missing source data stays blank; Pro-only interpretation remains locked.
| Item | Data Point | Value | Source |
|---|---|---|---|
| Item 3 | Litigation Actions (total) | 5 actions disclosed | FDD Item 3 |
| Item 5 | Initial Franchise Fee | The Initial Franchise Fee is $40,000 (Item 5, p.16). | FDD Item 5 |
| Item 5 | Development Fee | Market Development Agreement , Development Fees If you enter into Perkins’ standard form of Market Development Agreement, you can develop an agreed upon number of Franchises within a Development Area according to a Development Schedule. If you enter into a Market Development Agreement, you must pay us a development fee equal to the total of (a) $40,000 for the first New Development Unit to be developed and (b) $20,000 for all other New Development Units that you must | FDD Item 5 |
| Item 6 | Royalty Fee | 4.0% of Net Sales, due weekly. | FDD Item 6 |
| Item 6 | National Media Fund | Pro | FDD Item 6 |
| Item 6 | Corporate Ad & Development Fund | Pro | FDD Item 6 |
| Item 6 | Total Ongoing Fee Burden | Pro | Calculated (Item 6) |
| Item 7 | Total Investment (low) | $1,443,890 | FDD Item 7 |
| Item 7 | Total Investment (high) | $3,581,375 | FDD Item 7 |
| Item 8 | Required Purchases (food/supplies) | Pro | FDD Item 8 |
| Item 11 | Franchisor Assistance | Pro | FDD Item 11 |
| Item 12 | Exclusive Territory | Pro | FDD Item 12 |
| Item 12 | Territory Size | Pro | FDD Item 12 |
| Item 15 | Operating Participation | Pro | FDD Item 15 |
| Item 17 | Initial Term Length | Pro | FDD Item 17(a) |
| Item 17 | Renewal Terms | Pro | FDD Item 17(b)-(c) |
| Item 17 | Required Remodel at Renewal | Pro | FDD Item 17(c) |
| Item 17 | Termination Triggers | Pro | FDD Item 17(f)-(h) |
| Item 17 | Transfer Fee | Pro | FDD Item 17(m), Item 6 |
| Item 17 | ROFR Provisions | Pro | FDD Item 17(n) |
| Item 17 | Post-Termination Non-Compete | Pro | FDD Item 17(r) |
| Item 19 | Revenue Metric Disclosed | Pro | FDD Item 19 |
| Item 20 | Total Franchised Units (2024) | 175 | FDD Item 20 |
| Item 20 | Company-Owned Units (2024) | 82 | FDD Item 20 |
| Item 20 | Total System Net Unit Growth (YoY) | -6 | FDD Item 20 |
| Item 20 | Terminations | Pro | FDD Item 20 |
| Item 20 | Agreements Signed, Not Yet Open | Pro | FDD Item 20 |
| Item 21 | Audited Financials | Pro | FDD Item 21 |
Each signal turns one part of the filing into a read a buyer can act on. Strength means the disclosed data is favorable. In Line means it is typical for the category. Deal-Specific means the term is populated but you still have to model it against your own deal. Concern means the disclosed data is a real risk. The read is free. The reasoning behind it is the Pro read.
Item 19 earnings data is disclosed for Perkins American Food Co.. The unit sales or revenue metric itself remains locked in Pro; the caution below stays free.
Perkins American Food Co. trajectory is shown only where source-backed. Missing Item 20 fields stay blank inside the locked layout instead of removing the section.
Source: FDD Item 20 where present. Total system units, franchised plus company-owned. Not financial advice.
5 actions disclosed in FDD Item 3. Case-level detail remains locked in Pro.
Zorzee editorial. Independent analysis. No franchisor review or approval. Not financial advice.
The filing tells you what Perkins American Food Co. costs to open. Pro adds the read on whether the numbers work for you, in your market, and whether this brand is a business or a job you bought.
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