How much Dunkin' franchise owners really make per year

You love their coffee and their donuts so much you and your friends joke about picking up a franchise — because that's how much you spend on Dunkin' Donuts anyway.

Dunkin' Donuts was founded by Bill Rosenberg, who started with a catering business that kept workers in the Boston area fed with meals and snacks. Because that business was a success, Rosenberg decided to open a donut shop in Quincy, Massachusetts called The Open Kettle, which renamed itself Dunkin' Donuts two years later. 

The ubiquitous orange-and-pink themed donut chain has a global following across 32 countries, where they feature as much as 70 different kinds of donuts, as well as coffee drinks, sandwiches, bagels, and other baked goods. Fun Fact: Dunkin' Donuts and Baskin Robbins ice cream are both owned by Dunkin' Brands, which explains why you see both stores appear as co-branded shops from time to time (via Entrepreneur).

Why Dunkin' Donuts might be a good investment

Franchise Business Review says while Dunkin' Donuts is considered an icon in the Northeastern U.S., it's just as strong across the globe; the brand serves an estimated 3 million customers a day, and 8 million are enrolled in their mobile app DD perks program. With more than 12,000 locations around the world and 8,500 in the U.S., Dunkin' Donuts and Baskin Robbins together have 98 percent brand recognition among their customers. 

And while it faces competition from chains like Starbucks and McDonalds, the annual sales of a Dunkin' Donuts (depending on its location, of course) can range from $620,000 to $1.3 million a year. As an added bonus, a drive-through window can boost sales by about $200,000 to $300,000 a year. Of that, Career Bliss says a franchise owner can expect to make up to $124,000 a year, or about $60 an hour.

Entrepreneur named Dunkin' Donuts No. 2 on its list of Fastest Growing Franchises Rankings for 2019. The ranking reflects the brands' ability to scale up — and to take their franchisees with them. Fun fact: In the same survey, only one of two of Dunkin's strongest competitors, McDonald's, made it to the top 20, and it came in at No. 18.