Lukumades franchise
2025 filing · May 2, 2025Growing
Lukumades at a glance
A restaurant serving Greek doughnuts, pastries, gelato and drinks. At the end of 2024 there were 1 Lukumades locations in the US, all franchised.
The business
- Franchisor
- Lukumades Franchise LLC
- The company that sells the franchises
- Typical size
- 350–1,250 sq ft
What you pay
- Cost to open
- $201K–$418K
- Fee, build-out and opening working capital
- Franchise fee
- $45,000
- Paid once, when you sign
- Royalty
- 6%
- 6% of gross sales, paid monthly, plus 2% to the brand development fund and at least 2% on local marketing
- Brand fund
- 2%
- 2% of gross sales, paid monthly
- Renewal fee
- See terms
- 10% of our then current initial franchise fee
- Agreement length
- 10 years
Where it is
- US locations, 2024
- 1
- Franchised and company-owned
- Franchised
- 1
- Company-owned
- 0
- Change in 3 years
- +1
- Franchised locations, 2022–2024
- States
- 1
- Most in Florida
From Lukumades Franchise LLC’s 2025 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Lukumades among all franchises with the same figure.
| Figure | Lukumades | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $309,145 | Costs less than 55% of franchises |
| Franchise feePaid once, when you sign | $45,000 | Higher than 55% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 1 | Fewer than 88% of franchises |
How much a Lukumades franchise costs
Opening one Lukumades costs an estimated $200,660 to $417,630. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are construction and leasehold improvements ($56,940 to $200,000) and additional funds – three months ($25,000 to $50,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $45,000 | ||
| Construction and Leasehold Improvements | $56,940 | $200,000 | |
| Lease Deposits – Three Months | $5,340 | $14,235 | |
| Equipment | $43,000 | ||
| Signage | $2,000 | $4,000 | |
| Computer, Software and Point of Sale System | $2,000 | $3,000 | |
| Initial Marketing Package Fee | $5,000 | ||
| Initial Inventory | $4,270 | $18,510 | |
| Utility Deposits | $715 | $3,560 | |
| Insurance Deposits – Three Months | $715 | $3,560 | |
| Travel for Initial Training | $0 | $2,850 | |
| Professional Fees | $7,120 | $14,235 | |
| Licenses and Permits | $3,560 | $10,680 | |
| Additional Funds – Three Months | $25,000 | $50,000 | |
| Total | $200,660 | $417,630 | |
Source: Lukumades Franchise LLC, 2025 filing, page 18
Lukumades franchise fee
The franchise fee is $45,000. You pay it when you sign the franchise agreement.
Source: Lukumades Franchise LLC, 2025 filing, page 12
Royalty and ongoing fees
| Royalty | 6% of gross sales, paid monthly, plus 2% to the brand development fund and at least 2% on local marketing. |
|---|---|
| Brand or marketing fund | 2% of gross sales, paid monthly. |
| Technology | Up to $500 per month, currently $150 per month |
| Renewal | 10% of our then current initial franchise fee |
| Additional Employee Initial Training | Our then current training fee, currently $250 per person per day |
| Local Marketing | 2% of Gross Sales |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Lukumades Franchise LLC, 2025 filing, page 13
Other fees as filed, from pages 13–15. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Lukumades does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Lukumades Franchise LLC, 2025 filing, page 47
- Estimate Estimated yearly sales per location
- $350K–$610K
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
How Lukumades compares
Of the 112 bakery franchises on this site, Lukumades is the 24th cheapest to open and the 108th largest by number of locations.
| Figure | Lukumades | Typical bakery brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $201K | $341K | $222K |
| Cost to open, high end | $418K | $720K | $477K |
| Franchise fee | $45K | $40K | $40K |
| Royalty | 6% | 6% | 6% |
| Brand fund | 2% | 2% | 2% |
| US locations | 1 | 16 | 21 |
| Shares earnings figures | No | 74 of 112 | 2,147 of 3,352 |
Typical is the median across the 112 brands in bakery franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2022 | 0 (0) | 0 | 0 | 0 |
| 2023 | 0 (0) | 0 | 0 | 0 |
| 2024 | 1 (+1) | 0 | +1 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Lukumades Franchise LLC, 2025 filing, page 48
Where Lukumades locations are
At the end of 2024, Lukumades had franchised locations in 1 state. The most are in Florida.
- Florida1
| State | Franchised |
|---|---|
| Florida | 1 |
Source: Lukumades Franchise LLC, 2025 filing, page 48
Who owns Lukumades?
Lukumades franchises are sold by Lukumades Franchise LLC.
From Lukumades Franchise LLC’s 2025 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on page 11. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Lukumades Franchise LLC, 2025 filing, litigation on page 11, bankruptcy on page 11
Lukumades filings
The figures on this page come from Lukumades Franchise LLC’s 2025 filing, issued May 2, 2025, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2025 filing | May 2, 2025 | NASAA depository | Costs, fees and locations, 2022–2024 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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