Franchises · 2026 FDD · Wisconsin DFI filing 640665
Cinnabon franchise cost, unit revenue and closures
Opening a Cinnabon cost $256,950 to $703,500 in the 2026 FDD; the franchisor's revenue disclosure has no single unit figure; 11.4% of franchised units closed over three years.
Franchisor: Cinnabon Franchisor SPV LLC. FDD issued 2026-03-27, amended 2026-09-28. Fiscal year end 2025-12-28. Figures re-found on the cited page 2026-11-03.
What a unit costs to open
Full Bakery (first table); further tables cover a Full Bakery in a non-traditional location, Express Bakeries, and concession food trucks and trailers.
What a unit pays the franchisor
| Initial franchise fee | $35,500 | Item 5, p. 20 |
|---|---|---|
| Royalty | 6% of Net Sales, weekly (Full Bakeries); Express Bakeries in a Schlotzsky's pay a per-case product price instead | Item 6, p. 23 |
| Advertising fund | Advertising Contribution currently 2.5% of Net Sales; contribution plus local marketing capped at 5% | Item 6, p. 23 |
Full Bakery; $8,000 Express Bakery; $5,500 Concession Bakery; $71,000 co-branded with Auntie Anne's or Carvel.
What a unit sells
Item 19 is optional and is the franchisor's own representation. It is shown here as filed, with the franchisor's measure, sample and period, and nothing is estimated where it is missing.
Item 19 present, no single unit figure. Net Sales by quartile for fiscal 2025, in three separate tables by location type: Enclosed Mall franchises (Table 1), Convenience franchises (Table 2) and a third group (Table 3); no all-bakery row (Item 19, p. 92, 93).
Sample: Table 1 enclosed-mall franchises: 189 bakeries, average $665,401, median $600,536, range $186,211 to $2,216,582, 82 (43%) at or above average. Table 2: 187 bakeries, median $164,487. Table 3: 64 bakeries, median $1,214,802. Bakeries not open the full year and recent closures excluded. Period: fiscal 2025.
Revenue to investment
Undefined: Item 19 is split by location type with no combined figure.
How many units open and close
| Franchised units | 2023 | 2024 | 2025 |
|---|---|---|---|
| Start of year | 930 | 953 | 1,002 |
| Opened | 53 | 91 | 348 |
| Terminated | 26 | 31 | 36 |
| Not renewed | 4 | 2 | 1 |
| Reacquired by franchisor | 0 | 6 | 0 |
| Ceased, other reasons | 0 | 3 | 3 |
| End of year | 953 | 1,002 | 1,310 |
| Company-owned, end of year | 22 | 28 | 28 |
Item 20, Table 1 p. 95; Table 3 totals p. 101.
Closures are the franchisor's Item 20 counts of units terminated, not renewed, or ceased for other reasons, summed over 2023–2025 and divided by franchised units at the start of 2023. Units the franchisor reacquired are not closures. This is an Item 20 count, not a failure rate.
As filed: Table 3 starts 2023 at 930 and ends at 953 while Table 1 prints 929 and 952; 2025 opened 348 includes a large non-traditional expansion.
Source and method
Every figure above comes from the Cinnabon Franchise Disclosure Document issued 2026-03-27 and amended 2026-09-28, as filed with the Wisconsin Department of Financial Institutions (filing 640665, registry record). The PDF is the franchisor's and is not hosted here; the item and page beside each figure is where to check it. Item 7 and Item 20 tables were read cell by cell; Item 19 was read by hand; each Item 20 year was checked to sum (start + opened − exits = end) before it was recorded.
Informational only, not professional, legal or investment advice. Unitnomics computes from the filing and does not advise on, rank, or refer to any franchise. Last reviewed: November 2026.