The 2026 Denny's FDD moves the Item 7 estimated initial investment range from $1,618,374–$3,056,874 to $1,618,574–$3,055,924, and the system contracts from 1,334 to 1,274 outlets year-over-year. Both filings include an Item 19 financial performance representation.
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Low end of range | $1,618,374 | $1,618,574 | +$200 (+0.0%) |
| High end of range | $3,056,874 | $3,055,924 | −$950 (−0.0%) |
| Full range | $1,618,374–$3,056,874 | $1,618,574–$3,055,924 |
The 2026 filing puts the Item 7 estimated initial investment at $1,618,574–$3,055,924, versus $1,618,374–$3,056,874 in the 2025 filing. The low end moves by +$200 (+0.0%) and the high end moves by −$950 (−0.0%).
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Total outlets (Item 20) | 1,334 | 1,274 | −60 (−4.5%) |
Denny's reports 1,274 outlets in the 2026 FDD, versus 1,334 in the 2025 filing (−60 (−4.5%)).
Denny's included an Item 19 financial performance representation in both the 2025 and 2026 filings.