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Restaurants

Denny’s franchise

American diner-style restaurant brand.

Opening investment
$245,000–$3,055,925

2026 FDD · The Den, Travel Center, and Denny’s Diner 2.0 Facility · land excluded

Average annual revenue
$1,951,330

Avg. Net Sales ($1,829,472 median) · 1,178 domestic traditional franchised restaurants (FY2025 Item 19)

U.S. locations
1,274

2025

Opening costs and fees

$245,000–$3,055,925

Opening costs vary by format, location and lease terms.

Operating formats

Denny’s Diner 2.0 Facility (3,400–5,200 sq ft, ~150 seats)

$1,618,575–$3,055,925

2026 FDD Item 7

Exact table range is $1,618,574.75–$3,055,924.75 exclusive of land. Includes $30,000 initial franchise fee, $1,000,000–$1,850,000 building and site improvements, $325,000–$550,000 equipment, and $50,000–$150,000 additional funds for three months.

Denny’s Travel Center (New Construction, ~4,000 sq ft)

$943,575–$1,695,925

2026 FDD Item 7

Exact table range is $943,574.75–$1,695,924.75 exclusive of land. Includes $30,000 initial franchise fee, $425,000–$650,000 building improvements, and $50,000–$150,000 additional funds for three months.

The Den by Denny’s (Counter to 2,500 sq ft)

$245,000–$830,000

2026 FDD Item 7

Exclusive of land. Includes $15,000 initial franchise fee, $65,000–$375,000 building and leasehold improvements, and $25,000–$75,000 additional funds for three months.

Revenue and performance

$1,951,330

Avg. Net Sales ($1,829,472 median) · 1,178 domestic traditional franchised restaurants (FY2025 Item 19)

Historical franchise sales
Denny’s reports $1,875,000 in franchise average unit sales for fiscal 2024, rounded. The cited table does not identify a U.S.-only or fixed full-year cohort. See performance details.Fiscal year ended December 25, 2024

Revenue is sales before expenses, not owner income. Compare matching periods, formats and location samples.

Locations

1,274 U.S. locations (2025).

Denny’s reported 1,274 U.S. locations for 2025.

Existing locations do not establish that a new territory is available. Confirm your market with the franchisor.

Sources and figure notes

Reporting periods and scope

Average annual revenue

2026 FDD Item 19 Table 19-1 reports average annual Net Sales of $1,951,330 and median of $1,829,472 (range $553,769–$4,393,305; 523 restaurants / 44% above average) across 1,178 domestic traditional franchised Denny’s restaurants open all 12 months of fiscal year 2025 (record I19W3-B135-FPR-0001).

Opening investment

$1,618,574.75–$3,055,924.75 for a Denny’s Diner 2.0 Facility (prototype ~4,200 sq ft, 150 seats), $943,574.75–$1,695,924.75 for a Denny’s Travel Center (new construction, ~4,000 sq ft), and $245,000–$830,000 for The Den by Denny’s (counter to 2,500 sq ft), exclusive of land costs. Includes $15,000–$30,000 initial franchise fee and $25,000–$150,000 additional funds for three months.

U.S. locations

Denny’s reported 1,274 U.S. locations for 2025.

Research snapshot: . Sources and methodology

Compare independent startup vs. franchise economics

Compare Denny’s’s franchise model against starting or buying an independent business in casual dining and breakfast (line-item CapEx, 0%-royalty owner SDE margins & SBA resale multiples):

Compare other restaurants franchises