FDD Year-over-Year Comparison
Denny's FDD: What Changed from 2025 to 2026
Denny's 2026 FDD lists an Item 7 estimated initial investment of $1,618,575–$3,055,925, against $1,618,375–$3,056,875 in the 2025 filing.
Item 7 — Estimated Initial Investment
| 2025 FDD | 2026 FDD | Change |
|---|
| Low end of range | $1,618,375 | $1,618,575 | +$200 (+0.0%) |
| High end of range | $3,056,875 | $3,055,925 | −$950 (−0.0%) |
| Full range | $1,618,375–$3,056,875 | $1,618,575–$3,055,925 | |
The 2026 filing puts the Item 7 estimated initial investment at $1,618,575–$3,055,925, against $1,618,375–$3,056,875 in the 2025 filing.
Item 20 — System Size (Outlet Count)
| 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%)).
Item 19 — Financial Performance Representations
Denny's included an Item 19 financial performance representation in both the 2025 and 2026 filings.
Frequently asked questions
Did the cost to open a Denny's franchise change in the 2026 FDD?
The 2026 FDD for Denny's states an Item 7 estimated initial investment of $1,618,575–$3,055,925, against $1,618,375–$3,056,875 in the 2025 filing. The low end moves from $1,618,375 to $1,618,575 (+$200 (+0.0%)) and the high end moves from $3,056,875 to $3,055,925 (−$950 (−0.0%)).
How many locations does Denny's have?
The 2026 FDD for Denny's reports 1,274 outlets in Item 20, against 1,334 in the 2025 filing — 60 fewer.
Does Denny's disclose financial performance in its FDD?
Denny's included an Item 19 financial performance representation in both the 2025 and 2026 filings.
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