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Franchise Deep Dive: DonutNV Franchise Costs, Fees, Profit and Data

DonutNV offers ambitious entrepreneurs a flexible, passive ownership franchise opportunity with high profit margins all at a lower cost than a traditional restaurant franchise.

By Jeff DwyerStaff Writer
11:11AM 12/04/23

LAST UPDATED: November 21, 2023
FRANCHISE WEBSITE: https://donutnvfranchise.com/
NUMBER OF LOCATIONS: 125+ franchisees
REPORTED COST TO GET IN: $185,075 to $253,525
REPORTED ROI (Item 19): $169,799 (Adjusted net profit after franchise fees) 

DonutNV is a mobile food truck franchise that specializes in serving hot mini donuts paired with fresh squeezed lemonade, and hot and iced coffee. DonutNV was founded by Alex and Amanda Gingold, who opened their first location in May 2014 under the name Cinnamini Donuts at the Philadelphia Premium Outlets in Pennsylvania. The duo saw an overwhelmingly positive response. By 2018, Cinnamini Donuts transformed into DonutNV and shortly after started offering franchise opportunities. 

How Many DonutNV Locations Are There?

As of November 2023, there are more than 125 DonutNV franchise owners. The brand is continuing to grow rapidly nationwide and has new locations slated to open in over a dozen new states. In an interview with 1851 Franchise, CEO Alex Gingold said the brand is working toward a goal of having between 300 and 500 mobile trailers on the road. 

What Is DonutNV’s Business Model?

DonutNV operates a 100% mobile business model. The brand, which is headquartered in Orlando, Florida, is also flexible and allows passive ownership, as franchisees are empowered to set their own schedules by booking events such as fundraisers, corporate catering, parties, celebrations and late-night reception snacks. 

Every DonutNV trailer is one-of-a-kind, built from the ground up, and includes their exclusive donut machines and an LED viewing window where customers can watch donuts being made fresh through the viewing window, which creates a crowd-drawing interactive experience. 

Additionally, the brand does not require individuals to have a food or restaurant background but will teach new owners everything they’ll need to run a successful mobile business. 

“We’ll build out your custom mobile unit and train you to become the best in the biz, serving hot mini donuts, fresh lemonade and smiles,” the brand wrote on its website. 

DonutNV lists the following benefits to operating one of its franchises:

  • Flat weekly royalties
  • Interactive mobile experience
  • Veteran discount available
  • Quick startup and launch
  • Operate full time or part time
  • Protected mobile territories 

How Much Can DonutNV Franchise Owners Make? 

According to DonutNV’s 2023 Franchise Disclosure Document (FDD), the brand enjoys profit margins of 84%. In 2023, DonutNV saw gross sales per trailer of about $200,693 and an adjusted net profit after franchise fees of $169,799. 

How Much Does It Cost To Open a DonutNV Franchise?

As of the publishing of this story, the initial investment to open a DonutNV franchise ranges from $185,075 to $253,525. 

What Is the Franchise Fee for DonutNV?

The franchise fee required to open a DonutNV franchise is $59,500. Interested candidates must also have a minimum net worth of $250K and at least $100K in liquid capital. 

Who’s On DonutNV’s Leadership Team?

What Helpful Articles Can I Read to Learn More About DonutNV?

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