How much does a Southern Maid Donuts franchise owner make?

Southern Maid Donuts franchise earnings and revenue can vary significantly from one franchisee to another. The Southern Maid Donuts franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Southern Maid Donuts unfortunately does not disclose financials on how much Southern Maid Donuts franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Southern Maid Donuts does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Southern Maid Donuts franchisees. Do note that Southern Maid Donuts is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Southern Maid Donuts franchisees to understand how much money they are making from their Southern Maid Donuts business.

You should also speak to former Southern Maid Donuts franchisees to understand why they left the system. Did they sell their Southern Maid Donuts at a profit? Were they forced to close their Southern Maid Donuts franchise down because it kept losing money?

What is the Southern Maid Donuts Franchise Fee?

Owning a Southern Maid Donuts franchise requires a variable royalty fee and a variable marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship.

Keep in mind, there is also an initial Southern Maid Donuts franchise fee of $5,000 that is included in the initial investment amount of $3,000 to $10,000. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Southern Maid Donuts franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Southern Maid Donuts franchise fee of $5,000.

Visit the Southern Maid Donuts metrics tab to explore how the franchise, royalty and marketing fees compare to other Food and Beverage franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Southern Maid Donuts founded?

Southern Maid Donuts was founded 10 years ago in 2012. Southern Maid Donuts started offering franchises in . At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Southern Maid Donuts locations are in the U.S.?

As of Issuance of 2020, there were 71 Southern Maid Donuts locations owned and operated by franchisees across the U.S. There are also 0 corporate locations owned and operated by Southern Maid Donuts. Most Food and Beverage franchises like Southern Maid Donuts have more franchised locations than corporate locations.

How many Southern Maid Donuts franchises opened over the past few years?

Over the prior 3 years we have data for, Southern Maid Donuts has opened 16 outlets throughout the U.S.

Visit the Southern Maid Donuts metrics tab to explore how the openings compare to other Food and Beverage franchises.

How many Southern Maid Donuts franchises closed over the past few years?

Over the prior 3 years we have data for, Southern Maid Donuts has closed 13 outlets throughout the U.S.

Visit the Southern Maid Donuts metrics tab to explore how the closures compare to other Food and Beveragefranchises.

Is Southern Maid Donuts growing? Are they opening more locations than they are closing?

The net unit growth rate for Southern Maid Donuts over the past 3 years is 4%. Over the last year we have data for, Southern Maid Donuts had a net unit growth rate of -1%.

Without a comparison, this number doesn’t mean much. Compare how the Southern Maid Donuts growth rate compares to 2,000+ other franchises and Food and Beverage franchises like Southern Maid Donuts. More info in the Southern Maid Donuts metrics tab.

Is Southern Maid Donuts franchise eligible for an SBA Loan?

Southern Maid Donuts is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Southern Maid Donuts franchise was assigned the SBA Franchise ID of S4629 on 10/22/2019. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Southern Maid Donuts that are reviewed and found eligible under SBA's affiliation rules and other eligibility criteria.

Is Southern Maid Donuts a franchise in the United States?

According to the SBA, Southern Maid Donuts meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Southern Maid Donuts provides you with an FDD if you are in discussion to buy a Southern Maid Donuts.

What is the Southern Maid Donuts Franchise for Sale Rate?

The Southern Maid Donuts systemwide health and franchisee satisfaction can be measured by the Southern Maid Donuts franchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

The franchise for sale rate for Southern Maid Donuts over the past 3 years is 0%. Over the last year we have data for, Southern Maid Donuts had a franchise for sale rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Southern Maid Donuts franchise for sale rate compares to 2,000+ other franchises and Food and Beverage franchises like Southern Maid Donuts. More info in the Southern Maid Donuts metrics tab.

What is the Southern Maid Donuts Franchise Failure Rate?

Southern Maid Donuts failure rate over the past 3 years is 18%. Over the last year we have data for, Southern Maid Donuts had a franchise failure rate of 8%

Without a comparison, this number doesn’t mean much. Compare how the Southern Maid Donuts failure rate compares to 2,000+ other franchises and Food and Beverage franchises like Southern Maid Donuts. More info in the Southern Maid Donuts metrics tab.

How can I find out more details on Southern Maid Donuts franchise?

Visit the Southern Maid Donuts metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today for exclusive access on this franchise opportunity!