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Report Generated: March 31, 2026 Data Source: Official FDD Filing (2025)
See full cost breakdown →

Del Taco Franchise: Cost, Earnings & Real FDD Data

QSR

68.0
Average
N/A
Total Units
$1.89M
Median Revenue
N/A
Total Investment
N/A
Royalty Rate
$49K
Est. Profit
N/A
Closure Rate

The Del Taco franchise in the QSR category. This report analyzes the full Franchise Disclosure Document including unit economics, fee structure, growth trends, and risk indicators to help you evaluate the cost of investing in Del Taco.

Key Takeaways

Growth Signal
Net -306 units over 4 years (declining)
Financial Disclosure
This brand discloses financial performance data (Item 19)

Deal Breakers 1 flag detected

Critical issues identified from FDD analysis that warrant serious consideration before investing.

System Shrinking by 100%
The franchise went from 306 to 0 units — a net loss of 306 locations. A shrinking system may indicate franchisee dissatisfaction, poor unit economics, or brand decline.
Question to ask the franchisor:
What is driving the unit losses? Are closures voluntary or forced? What is the company doing to reverse the trend?

Franchise Breakdown Score 68.0/100 · Average

Composite quality score based on growth, stability, efficiency, fees, transparency, and system size.

Unit Growth
3/20
Stability
12/20
Investment Efficiency
10/20
Fee Reasonableness
12/15
Transparency
10/10
System Size
4/15

3 Del Taco Franchise Revenue & Earnings (Item 19) Item 19 Available FDD Item 19

Financial performance data as disclosed in FDD Item 19.

P&L Breakdown by Revenue Cohort

View all disclosed financial metrics (388 rows)
Company-Owned Restaurant Sales and Operating Profit (55 rows)
Metric Value Unit Cohort Period
Number of Restaurants (open at least 12 months) 116.0 COUNT -- 2024
Average Sales $1,804,158 USD -- 2024
Number/percentage of Restaurants Greater than average Sales 0.0 OTHER -- 2024
Median Sales $1,685,145 USD -- 2024
Highest Sales $3,282,206 USD -- 2024
Lowest Sales $545,581 USD -- 2024
Number of Restaurants (open at least 12 months) 167.0 COUNT -- 2023
Average Sales $1,745,657 USD -- 2023
Number/percentage of Restaurants Greater than average Sales 0.0 OTHER -- 2023
Median Sales $1,711,439 USD -- 2023
Highest Sales $3,321,599 USD -- 2023
Lowest Sales $642,131 USD -- 2023
Number of Restaurants (open at least 12 months) 284.0 COUNT -- 2022
Average Sales $1,677,032 USD -- 2022
Number/percentage of Restaurants Greater than average Sales 0.0 OTHER -- 2022
Median Sales $1,636,080 USD -- 2022
Highest Sales $3,356,173 USD -- 2022
Lowest Sales $579,226 USD -- 2022
Number of Restaurants (open at least 12 months) 282.0 COUNT -- 2021
Average Sales $1,622,531 USD -- 2021
Number/percentage of Restaurants Greater than average Sales 0.0 OTHER -- 2021
Median Sales $1,598,285 USD -- 2021
Highest Sales $3,139,139 USD -- 2021
Lowest Sales $654,480 USD -- 2021
Number of Restaurants (open at least 12 months) 283.0 COUNT -- 2020
Average Sales $1,522,177 USD -- 2020
Number/percentage of Restaurants Greater than average Sales 0.0 OTHER -- 2020
Median Sales $1,493,871 USD -- 2020
Highest Sales $3,009,450 USD -- 2020
Lowest Sales $692,705 USD -- 2020
Average Operating Profit (before rent and real estate taxes) $383,324 USD -- 2024
Number/percentage of Restaurants Greater than Average Operating Profit 0.0 OTHER -- 2024
Median Operating Profit $375,429 USD -- 2024
Highest Operating Profit $998,798 USD -- 2024
Lowest Operating Profit $-97,334 USD -- 2024
Average Operating Profit (before rent and real estate taxes) $371,604 USD -- 2023
Number/percentage of Restaurants Greater than Average Operating Profit 0.0 OTHER -- 2023
Median Operating Profit $364,203 USD -- 2023
Highest Operating Profit $982,412 USD -- 2023
Lowest Operating Profit $-49,077 USD -- 2023
Average Operating Profit (before rent and real estate taxes) $372,631 USD -- 2022
Number/percentage of Restaurants Greater than Average Operating Profit 0.0 OTHER -- 2022
Median Operating Profit $360,937 USD -- 2022
Highest Operating Profit $1,027,071 USD -- 2022
Lowest Operating Profit $-24,782 USD -- 2022
Average Operating Profit (before rent and real estate taxes) $411,258 USD -- 2021
Number/percentage of Restaurants Greater than Average Operating Profit 0.0 OTHER -- 2021
Median Operating Profit $394,183 USD -- 2021
Highest Operating Profit $1,064,332 USD -- 2021
Lowest Operating Profit $-11,347 USD -- 2021
Average Operating Profit (before rent and real estate taxes) $380,720 USD -- 2020
Number/percentage of Restaurants Greater than Average Operating Profit 0.0 OTHER -- 2020
Median Operating Profit $364,837 USD -- 2020
Highest Operating Profit $1,047,097 USD -- 2020
Lowest Operating Profit $41,265 USD -- 2020
Franchised Restaurant Sales (30 rows)
Metric Value Unit Cohort Period
Number of Restaurants (open at least 12 months) 387.0 COUNT -- 2024
Average Sales $1,613,899 USD -- 2024
Number/Percentage of Restaurants Greater than Average 0.0 OTHER -- 2024
Median Sales $1,541,335 USD -- 2024
Highest Sales $6,898,837 USD -- 2024
Lowest Sales $380,237 USD -- 2024
Number of Restaurants (open at least 12 months) 275.0 COUNT -- 2023
Average Sales $1,630,406 USD -- 2023
Number/Percentage of Restaurants Greater than Average 0.0 OTHER -- 2023
Median Sales $1,515,241 USD -- 2023
Highest Sales $6,100,496 USD -- 2023
Lowest Sales $485,805 USD -- 2023
Number of Restaurants (open at least 12 months) 278.0 COUNT -- 2022
Average Sales $1,618,863 USD -- 2022
Number/Percentage of Restaurants Greater than Average 0.0 OTHER -- 2022
Median Sales $1,524,836 USD -- 2022
Highest Sales $5,717,244 USD -- 2022
Lowest Sales $512,068 USD -- 2022
Number of Restaurants (open at least 12 months) 277.0 COUNT -- 2021
Average Sales $1,536,948 USD -- 2021
Number/Percentage of Restaurants Greater than Average 0.0 OTHER -- 2021
Median Sales $1,464,398 USD -- 2021
Highest Sales $5,328,021 USD -- 2021
Lowest Sales $526,215 USD -- 2021
Number of Restaurants (open at least 12 months) 267.0 COUNT -- 2020
Average Sales $1,407,877 USD -- 2020
Number/Percentage of Restaurants Greater than Average 0.0 OTHER -- 2020
Median Sales $1,345,341 USD -- 2020
Highest Sales $4,832,632 USD -- 2020
Lowest Sales $388,472 USD -- 2020
Franchised Restaurant Same Store Sales (60 rows)
Metric Value Unit Cohort Period
Number of Restaurants 453.0 COUNT -- 2024
Same Store Sales Increase -1.6% PCT -- 2024
Number/% of Restaurants Greater than Average 0.0 OTHER -- 2024
Median Same Store Sales -1.5% PCT -- 2024
Highest Same Store Sales 48.1% PCT -- 2024
Lowest Same Store Sales -39.8% PCT -- 2024
Number of Restaurants 410.0 COUNT -- 2023
Same Store Sales Increase 1.4% PCT -- 2023
Number/% of Restaurants Greater than Average 0.0 OTHER -- 2023
Median Same Store Sales 0.4% PCT -- 2023
Highest Same Store Sales 49.5% PCT -- 2023
Lowest Same Store Sales -41.8% PCT -- 2023
Number of Restaurants 301.0 COUNT -- 2022
Same Store Sales Increase 4.8% PCT -- 2022
Number/% of Restaurants Greater than Average 0.0 OTHER -- 2022
Median Same Store Sales 4.3% PCT -- 2022
Highest Same Store Sales 52.8% PCT -- 2022
Lowest Same Store Sales -33.1% PCT -- 2022
Number of Restaurants 296.0 COUNT -- 2021
Same Store Sales Increase 8.9% PCT -- 2021
Number/% of Restaurants Greater than Average 0.0 OTHER -- 2021
Median Same Store Sales 9.8% PCT -- 2021
Highest Same Store Sales 86.9% PCT -- 2021
Lowest Same Store Sales -44.7% PCT -- 2021
Number of Restaurants 286.0 COUNT -- 2020
Same Store Sales Increase 1.4% PCT -- 2020
Number/% of Restaurants Greater than Average 0.0 OTHER -- 2020
Median Same Store Sales 0.6% PCT -- 2020
Highest Same Store Sales 43.5% PCT -- 2020
Lowest Same Store Sales -32.3% PCT -- 2020
Number of Restaurants 278.0 COUNT -- 2019
Same Store Sales Increase 1.3% PCT -- 2019
Number/% of Restaurants Greater than Average 0.0 OTHER -- 2019
Median Same Store Sales 1.1% PCT -- 2019
Highest Same Store Sales 19.0% PCT -- 2019
Lowest Same Store Sales -21.7% PCT -- 2019
Number of Restaurants 250.0 COUNT -- 2018
Same Store Sales Increase 3.8% PCT -- 2018
Number/% of Restaurants Greater than Average 0.0 OTHER -- 2018
Median Same Store Sales 3.6% PCT -- 2018
Highest Same Store Sales 43.2% PCT -- 2018
Lowest Same Store Sales -31.1% PCT -- 2018
Number of Restaurants 242.0 COUNT -- 2017
Same Store Sales Increase 4.6% PCT -- 2017
Number/% of Restaurants Greater than Average 0.0 OTHER -- 2017
Median Same Store Sales 5.0% PCT -- 2017
Highest Same Store Sales 24.4% PCT -- 2017
Lowest Same Store Sales -26.2% PCT -- 2017
Number of Restaurants 238.0 COUNT -- 2016
Same Store Sales Increase 4.9% PCT -- 2016
Number/% of Restaurants Greater than Average 0.0 OTHER -- 2016
Median Same Store Sales 5.1% PCT -- 2016
Highest Same Store Sales 29.8% PCT -- 2016
Lowest Same Store Sales -21.0% PCT -- 2016
Number of Restaurants 237.0 COUNT -- 2015
Same Store Sales Increase 6.2% PCT -- 2015
Number/% of Restaurants Greater than Average 0.0 OTHER -- 2015
Median Same Store Sales 7.2% PCT -- 2015
Highest Same Store Sales 26.1% PCT -- 2015
Lowest Same Store Sales -26.1% PCT -- 2015
Freestanding Company-Owned Restaurant Average Operating Results (81 rows)
Metric Value Unit Cohort Period
Sales (2) $1,804,158 USD -- 2024
Percent of Sales 100.0% PCT -- 2024
Food & Paper (5) $462,413 USD -- 2024
Percent of Sales 25.6% PCT -- 2024
Labor (6) $558,103 USD -- 2024
Percent of Sales 30.9% PCT -- 2024
Benefits (7) $92,502 USD -- 2024
Percent of Sales 5.1% PCT -- 2024
Utilities (8) $79,096 USD -- 2024
Percent of Sales 4.4% PCT -- 2024
Repairs & Supplies $56,728 USD -- 2024
Percent of Sales 3.1% PCT -- 2024
Miscellaneous (9) $86,058 USD -- 2024
Percent of Sales 4.8% PCT -- 2024
Controllable Expenses $1,334,900 USD -- 2024
Percent of Sales 74.0% PCT -- 2024
Controllable Profit (10) $469,258 USD -- 2024
Percent of Sales 26.0% PCT -- 2024
Advertising (11) $72,217 USD -- 2024
Percent of Sales 4.0% PCT -- 2024
Local Advertising $4,090 USD -- 2024
Percent of Sales 0.2% PCT -- 2024
Insurance (12) $9,627 USD -- 2024
Percent of Sales 0.5% PCT -- 2024
Operating Profit Before Rent and Real Estate Taxes (13) $383,324 USD -- 2024
Percent of Sales 21.2% PCT -- 2024
Imputed Royalty (5%) $90,208 USD -- 2024
Sales (2) $1,745,657 USD -- 2023
Percent of Sales 100.0% PCT -- 2023
Food & Paper (5) $484,701 USD -- 2023
Percent of Sales 27.8% PCT -- 2023
Labor (6) $514,786 USD -- 2023
Percent of Sales 29.5% PCT -- 2023
Benefits (7) $97,130 USD -- 2023
Percent of Sales 5.6% PCT -- 2023
Utilities (8) $66,791 USD -- 2023
Percent of Sales 3.8% PCT -- 2023
Repairs & Supplies $61,195 USD -- 2023
Percent of Sales 3.5% PCT -- 2023
Miscellaneous (9) $69,769 USD -- 2023
Percent of Sales 4.0% PCT -- 2023
Controllable Expenses $1,294,373 USD -- 2023
Percent of Sales 74.2% PCT -- 2023
Controllable Profit (10) $451,283 USD -- 2023
Percent of Sales 25.8% PCT -- 2023
Advertising (11) $69,826 USD -- 2023
Percent of Sales 4.0% PCT -- 2023
Local Advertising $0 USD -- 2023
Percent of Sales 0.0% PCT -- 2023
Insurance (12) $9,854 USD -- 2023
Percent of Sales 0.6% PCT -- 2023
Operating Profit Before Rent and Real Estate Taxes (13) $371,604 USD -- 2023
Percent of Sales 21.2% PCT -- 2023
Imputed Royalty (5%) $87,283 USD -- 2023
Sales (2) $1,677,032 USD -- 2022
Percent of Sales 100.0% PCT -- 2022
Food & Paper (5) $477,201 USD -- 2022
Percent of Sales 28.5% PCT -- 2022
Labor (6) $481,439 USD -- 2022
Percent of Sales 28.7% PCT -- 2022
Benefits (7) $86,965 USD -- 2022
Percent of Sales 5.2% PCT -- 2022
Utilities (8) $63,916 USD -- 2022
Percent of Sales 3.8% PCT -- 2022
Repairs & Supplies $58,117 USD -- 2022
Percent of Sales 3.5% PCT -- 2022
Miscellaneous (9) $63,994 USD -- 2022
Percent of Sales 3.8% PCT -- 2022
Controllable Expenses $1,231,632 USD -- 2022
Percent of Sales 73.4% PCT -- 2022
Controllable Profit (10) $445,401 USD -- 2022
Percent of Sales 26.6% PCT -- 2022
Advertising (11) $67,081 USD -- 2022
Percent of Sales 4.0% PCT -- 2022
Local Advertising $0 USD -- 2022
Percent of Sales 0.0% PCT -- 2022
Insurance (12) $5,689 USD -- 2022
Percent of Sales 0.3% PCT -- 2022
Operating Profit Before Rent and Real Estate Taxes (13) $372,631 USD -- 2022
Percent of Sales 22.2% PCT -- 2022
Imputed Royalty (5%) $83,852 USD -- 2022
Freestanding Company-Owned Restaurant Average Operating Results (Fiscal Years 2024, 2023 and 2022) (162 rows)
Metric Value Unit Cohort Period
Sales $3,282,206 USD 2024 High 2024
Percent of Sales 100.0% PCT 2024 High 2024
Food & Paper $785,647 USD 2024 High 2024
Percent of Sales 23.9% PCT 2024 High 2024
Labor $890,661 USD 2024 High 2024
Percent of Sales 27.1% PCT 2024 High 2024
Benefits $135,732 USD 2024 High 2024
Percent of Sales 4.1% PCT 2024 High 2024
Utilities $104,960 USD 2024 High 2024
Percent of Sales 3.2% PCT 2024 High 2024
Repairs & Supplies $65,674 USD 2024 High 2024
Percent of Sales 2.0% PCT 2024 High 2024
Miscellaneous $180,636 USD 2024 High 2024
Percent of Sales 5.5% PCT 2024 High 2024
Controllable Expenses $2,163,310 USD 2024 High 2024
Percent of Sales 65.9% PCT 2024 High 2024
Controllable Profit $1,118,897 USD 2024 High 2024
Percent of Sales 34.1% PCT 2024 High 2024
Advertising $131,288 USD 2024 High 2024
Percent of Sales 4.0% PCT 2024 High 2024
Local Advertising $4,258 USD 2024 High 2024
Percent of Sales 0.1% PCT 2024 High 2024
Insurance $17,436 USD 2024 High 2024
Percent of Sales 0.5% PCT 2024 High 2024
Operating Profit Before Rent & Real Estate Taxes $965,914 USD 2024 High 2024
Percent of Sales 29.4% PCT 2024 High 2024
Imputed Royalty (5%) $164,110 USD 2024 High 2024
Sales $1,685,145 USD 2024 Median 2024
Percent of Sales 100.0% PCT 2024 Median 2024
Food & Paper $419,504 USD 2024 Median 2024
Percent of Sales 24.9% PCT 2024 Median 2024
Labor $509,567 USD 2024 Median 2024
Percent of Sales 30.2% PCT 2024 Median 2024
Benefits $85,896 USD 2024 Median 2024
Percent of Sales 5.1% PCT 2024 Median 2024
Utilities $67,077 USD 2024 Median 2024
Percent of Sales 4.0% PCT 2024 Median 2024
Repairs & Supplies $62,895 USD 2024 Median 2024
Percent of Sales 3.7% PCT 2024 Median 2024
Miscellaneous $81,582 USD 2024 Median 2024
Percent of Sales 4.8% PCT 2024 Median 2024
Controllable Expenses $1,226,520 USD 2024 Median 2024
Percent of Sales 72.8% PCT 2024 Median 2024
Controllable Profit $458,625 USD 2024 Median 2024
Percent of Sales 27.2% PCT 2024 Median 2024
Advertising $67,343 USD 2024 Median 2024
Percent of Sales 4.0% PCT 2024 Median 2024
Local Advertising $6,829 USD 2024 Median 2024
Percent of Sales 0.4% PCT 2024 Median 2024
Insurance $9,025 USD 2024 Median 2024
Percent of Sales 0.5% PCT 2024 Median 2024
Operating Profit Before Rent & Real Estate Taxes $375,429 USD 2024 Median 2024
Percent of Sales 22.3% PCT 2024 Median 2024
Imputed Royalty (5%) $84,257 USD 2024 Median 2024
Sales $545,581 USD 2024 Low 2024
Percent of Sales 100.0% PCT 2024 Low 2024
Food & Paper $172,209 USD 2024 Low 2024
Percent of Sales 31.6% PCT 2024 Low 2024
Labor $264,406 USD 2024 Low 2024
Percent of Sales 48.5% PCT 2024 Low 2024
Benefits $51,530 USD 2024 Low 2024
Percent of Sales 9.4% PCT 2024 Low 2024
Utilities $33,118 USD 2024 Low 2024
Percent of Sales 6.1% PCT 2024 Low 2024
Repairs & Supplies $44,125 USD 2024 Low 2024
Percent of Sales 8.1% PCT 2024 Low 2024
Miscellaneous $45,019 USD 2024 Low 2024
Percent of Sales 8.3% PCT 2024 Low 2024
Controllable Expenses $610,408 USD 2024 Low 2024
Percent of Sales -111.9% PCT 2024 Low 2024
Controllable Profit $-64,827 USD 2024 Low 2024
Percent of Sales -11.9% PCT 2024 Low 2024
Advertising $21,788 USD 2024 Low 2024
Percent of Sales 4.0% PCT 2024 Low 2024
Local Advertising $7,665 USD 2024 Low 2024
Percent of Sales 1.4% PCT 2024 Low 2024
Insurance $3,054 USD 2024 Low 2024
Percent of Sales 0.6% PCT 2024 Low 2024
Operating Profit Before Rent & Real Estate Taxes $-97,334 USD 2024 Low 2024
Percent of Sales -17.8% PCT 2024 Low 2024
Imputed Royalty (5%) $27,279 USD 2024 Low 2024
Sales $3,321,599 USD 2023 High 2023
Percent of Sales 100.0% PCT 2023 High 2023
Food & Paper $845,264 USD 2023 High 2023
Percent of Sales 25.4% PCT 2023 High 2023
Labor $881,145 USD 2023 High 2023
Percent of Sales 26.5% PCT 2023 High 2023
Benefits $144,914 USD 2023 High 2023
Percent of Sales 4.4% PCT 2023 High 2023
Utilities $73,118 USD 2023 High 2023
Percent of Sales 2.2% PCT 2023 High 2023
Repairs & Supplies $76,679 USD 2023 High 2023
Percent of Sales 2.3% PCT 2023 High 2023
Miscellaneous $166,472 USD 2023 High 2023
Percent of Sales 5.0% PCT 2023 High 2023
Controllable Expenses $2,187,591 USD 2023 High 2023
Percent of Sales 65.9% PCT 2023 High 2023
Controllable Profit $1,134,008 USD 2023 High 2023
Percent of Sales 34.1% PCT 2023 High 2023
Advertising $132,864 USD 2023 High 2023
Percent of Sales 4.0% PCT 2023 High 2023
Local Advertising $0 USD 2023 High 2023
Percent of Sales 0.0% PCT 2023 High 2023
Insurance $18,733 USD 2023 High 2023
Percent of Sales 0.6% PCT 2023 High 2023
Operating Profit Before Rent & Real Estate Taxes $982,412 USD 2023 High 2023
Percent of Sales 29.6% PCT 2023 High 2023
Imputed Royalty (5%) $167,809 USD 2023 High 2023
Sales $1,894,784 USD 2023 Median 2023
Percent of Sales 100.0% PCT 2023 Median 2023
Food & Paper $543,049 USD 2023 Median 2023
Percent of Sales 27.7% PCT 2023 Median 2023
Labor $594,317 USD 2023 Median 2023
Percent of Sales 28.2% PCT 2023 Median 2023
Benefits $118,506 USD 2023 Median 2023
Percent of Sales 5.4% PCT 2023 Median 2023
Utilities $59,466 USD 2023 Median 2023
Percent of Sales 3.9% PCT 2023 Median 2023
Repairs & Supplies $59,254 USD 2023 Median 2023
Percent of Sales 3.9% PCT 2023 Median 2023
Miscellaneous $69,352 USD 2023 Median 2023
Percent of Sales 3.4% PCT 2023 Median 2023
Controllable Expenses $1,443,943 USD 2023 Median 2023
Percent of Sales 72.5% PCT 2023 Median 2023
Controllable Profit $450,841 USD 2023 Median 2023
Percent of Sales 27.5% PCT 2023 Median 2023
Advertising $75,791 USD 2023 Median 2023
Percent of Sales 4.0% PCT 2023 Median 2023
Local Advertising $0 USD 2023 Median 2023
Percent of Sales 0.0% PCT 2023 Median 2023
Insurance $10,847 USD 2023 Median 2023
Percent of Sales 0.5% PCT 2023 Median 2023
Operating Profit Before Rent & Real Estate Taxes $364,203 USD 2023 Median 2023
Percent of Sales 23.0% PCT 2023 Median 2023
Imputed Royalty (5%) $78,303 USD 2023 Median 2023
Sales $579,226 USD 2023 Low 2023
Percent of Sales 100.0% PCT 2023 Low 2023
Food & Paper $178,433 USD 2023 Low 2023
Percent of Sales 30.8% PCT 2023 Low 2023
Labor $218,432 USD 2023 Low 2023
Percent of Sales 37.7% PCT 2023 Low 2023
Benefits $52,569 USD 2023 Low 2023
Percent of Sales 9.1% PCT 2023 Low 2023
Utilities $52,927 USD 2023 Low 2023
Percent of Sales 9.1% PCT 2023 Low 2023
Repairs & Supplies $46,142 USD 2023 Low 2023
Percent of Sales 8.0% PCT 2023 Low 2023
Miscellaneous $29,625 USD 2023 Low 2023
Percent of Sales 5.1% PCT 2023 Low 2023
Controllable Expenses $578,128 USD 2023 Low 2023
Percent of Sales 99.8% PCT 2023 Low 2023
Controllable Profit $1,098 USD 2023 Low 2023
Percent of Sales 0.2% PCT 2023 Low 2023
Advertising $23,169 USD 2023 Low 2023
Percent of Sales 4.0% PCT 2023 Low 2023
Local Advertising $0 USD 2023 Low 2023
Percent of Sales 0.0% PCT 2023 Low 2023
Insurance $2,711 USD 2023 Low 2023
Percent of Sales 0.5% PCT 2023 Low 2023
Operating Profit Before Rent & Real Estate Taxes $-24,782 USD 2023 Low 2023
Percent of Sales -4.3% PCT 2023 Low 2023
Imputed Royalty (5%) $28,961 USD 2023 Low 2023

$ Estimated Unit Profitability Based on Item 19 Data

Based on financial performance data disclosed in Item 19 of the FDD.

$1.89M
Gross Revenue
$1.85M
Total Costs
$49K
Owner's Profit (2.6%)
View detailed P&L breakdown
Line Item Amount % of Revenue
Gross Revenue $1,894,784 100%
COGS $-560,856 29.6%
Labor $-564,646 29.8%
Occupancy $-884,864 46.7%
Marketing $-83,370 4.4%
Other Costs $248,217 -13.1%
Owner's Profit $49,264 2.6%

4 Risk Assessment

Automated risk indicators based on FDD data analysis.

Declining Unit Count
Net -306 units over 4 years (-100.0%). The franchise system is contracting.
Financial Data Disclosed
This franchisor provides Item 19 financial performance representations, enabling better due diligence.

5 Del Taco Failure Rate & Unit Growth (Item 20) FDD Item 20

Franchise unit trajectory based on FDD Item 20 data.

Year Start Opened Closed Transferred End Closure Rate Net Growth
2022 306 -- -- -- 301 -- --
2023 301 -- -- -- 421 -- --
2024 421 -- -- -- 461 -- --
2025 -- +18 -- -- -- -- --

6 Category Comparison QSR Brands

How Del Taco compares to peer brands in the QSR category.

Investment Midpoint

Median Revenue (Item 19)

Investment-to-Revenue Ratio

Ratio = Investment midpoint ÷ median annual revenue. Lower is better. A 0.5x ratio means the initial investment equals half of one year's gross revenue. Does not account for operating costs, margins, or time value of money.

Brand Total Units Investment Range Median Revenue Royalty Inv/Rev Ratio
Subway 19502 $263K – $630K No Item 19 8.0% --
McDonald's 12772 $1.47M – $2.64M $3.00M 5.0% 0.7x
Dunkin' 8499 $527K – $1.83M No Item 19 5.9% --
Domino's Pizza 7043 $120K – $462K $20K 5.5% 14.9x
Wendy's 5552 $1.41M – $2.90M $2.33M 4.0% 0.9x
Burger King 5524 $1.80M – $3.30M $1.67M 4.5% 1.5x
Dairy Queen 4400 $1.15M – $2.44M No Item 19 4.0% --
Little Caesars 3705 $446K – $1.82M No Item 19 6.0% --
KFC 3558 $135K – $540K $1.35M 5.0% 0.2x
Arby's 3400 $313K – $3.45M $1.39M 4.0% 1.4x

SBA Loan Data 1993–2025

SBA 7(a) loan approvals for Del Taco franchisees from the SBA FOIA public dataset. Lenders report franchise codes at origination — this is real lending activity, not estimates.

$55M
Total SBA Approved
60
SBA Loans
$917K
Avg Loan Size
22.0%
Default Rate
Active Lending States 13
Distinct Lenders 35
Jobs Supported 1,658
Top Lending States
CA 32 GA 5 FL 4 WA 3 NC 3
Annual SBA Loan Volume

Source: SBA FOIA 7(a) public data. Franchise codes matched by brand name. Not all SBA loans are captured; some franchisees finance without SBA programs.

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