DonutNV

A DonutNV franchise is a mobile food business that uses a customized trailer to prepare and serve mini donuts, other food, and specialty beverages. It serves public events, private parties, corporate events, and recurring locations. The franchisor says the business usually serves public events lasting less than 30 days and caters private and corporate events.

Open The Full FDD 2026 FDD Research
Startup Investment$189,580 to $272,900One Mobile UnitSource Research · Item 7
Initial Franchise Fee$59,500 · Up To 100,000 PeopleOpen The Full FDD
Royalty$750 Per Month Per UnitOpen The Full FDD
Disclosed Startup Investment$189,580 to $272,900One Mobile Unit

The disclosed estimate has specific assumptions. Review the included costs and conditions below.

Key Franchise Fees

Initial Franchise Fee
$59,500 · Up To 100,000 People
View Disclosed Terms

$59,500 · Up To 100,000 People

What To Know

Payable when the Franchise Agreement is signed; the fee is nonrefundable.

For a territory over 100,000 people, the fee increases by $0.50 per person. The disclosure also reports that 2025 fees ranged from $59,500 to $89,500 for multiple territories; those are historical figures, not the single-territory fee rule.

A $5,000 discount applies to the first territory for qualifying military veterans, including veterans with a discharge other than dishonorable and active-duty personnel. If the franchisee is an entity, the veteran participant must own at least 51%. A DD-214 must be provided before signing. The discount does not apply to additional territories, the trailer, or other purchases from the franchisor or affiliates.

The separate multi-territory schedule lists fees for two through five territories, payable in full upon signing the Development Rights Rider; those amounts are not added to the single-territory fee stated here.

U.S. population-based territory; the disclosure does not state a fee currency separately.

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Review Fee Sources
Royalty
$750 Per Month Per Unit
View Disclosed Terms

$750 Per Month Per Unit

What To Know

A unit is the initial DonutNV trailer and any other trailer or other unit serving DonutNV products. The monthly royalty is payable on the first day of each calendar month, or the next business day if that date is not a business day.

The first royalty payment is due on the first day of the calendar month immediately after the month in which the franchisee takes delivery of the unit. Thereafter it is due monthly. The fee is payable by ACH or another required method; if the franchisor permits credit-card payment, the 5% processing fee applies to amounts paid that way.

Item 6 Note 3 permits an annual inflation adjustment on January 1. The general fee disclosure says fees are nonrefundable and reserves the right to change, waive, or eliminate fees for one or more franchisees.

The Development Rights Rider disclosure says future franchise agreements will use the same royalty fees and Brand Fund contribution as the first agreement. The Item 19 report’s $18,000 royalty for two company units in 2025 is consistent with $750 per unit per month over 12 months; its stated percentage is a reported comparison to revenue, not a different royalty rate.

2026 FDD · PDF Page 9 · PDF Page 13 · PDF Page 18 · PDF Page 43 · Item 6

Review Fee Sources
Fees And Payment Terms
FeeDisclosed TermsSource
Initial Franchise Fee$59,500 · Up To 100,000 People
What To Know

Payable when the Franchise Agreement is signed; the fee is nonrefundable.

For a territory over 100,000 people, the fee increases by $0.50 per person. The disclosure also reports that 2025 fees ranged from $59,500 to $89,500 for multiple territories; those are historical figures, not the single-territory fee rule.

A $5,000 discount applies to the first territory for qualifying military veterans, including veterans with a discharge other than dishonorable and active-duty personnel. If the franchisee is an entity, the veteran participant must own at least 51%. A DD-214 must be provided before signing. The discount does not apply to additional territories, the trailer, or other purchases from the franchisor or affiliates.

The separate multi-territory schedule lists fees for two through five territories, payable in full upon signing the Development Rights Rider; those amounts are not added to the single-territory fee stated here.

U.S. population-based territory; the disclosure does not state a fee currency separately.

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Credit Card ProcessingA 5% processing fee applies when payments to the franchisor are made by credit card.
What To Know

The Item 6 row describes the fee as 5% of royalty fees, brand fund contributions, and other fees paid to the franchisor by credit card. The note clarifies that, if the franchisor permits credit-card payments, the 5% is charged on the dollar amount of any amounts so paid.

The fee is due as the credit-card payments are made. The disclosure says fees are generally payable by ACH or another required method; credit-card payment is permitted only if the franchisor allows it.

No separate fee basis for payments to third parties is stated. Local advertising and software subscription charges are identified as payable to third parties, not to the franchisor.

The disclosure says fees are nonrefundable and reserves the right to change, waive, or eliminate fees for one or more franchisees; it also states that certain fees may be adjusted annually for inflation.

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Technology FeeThe current technology fee is $300 per month per unit.
What To Know

Payable on the first day of each calendar month, or the next business day if that date is not a business day. The first payment is due on the first day of the calendar month immediately after the month in which the franchisee takes delivery of the unit.

The current fee covers access to the listed proprietary event-lead and web-management systems, one email address per open unit, ordering portal, online operations manual and training program, GPS tracking service per open unit, and data service for the DonutNV iPad. Item 11 also describes cellular and data service for the iPad. The fee is not necessarily a pass-through of exact costs; products or services may be added, removed, or altered.

The franchisor may increase the fee after 30 days’ prior notice and reserves the right to charge a commercially reasonable fee. Separately, Item 6 Note 3 reserves an annual inflation adjustment on January 1 for the technology fee and other fees. These provisions are stated with distinct notice and inflation-adjustment terms; the sources do not provide a replacement rate.

Item 6 Notes 1 and 2 describe payment method and first-payment timing. The general fee disclosure states fees are nonrefundable and reserves the right to change, waive, or eliminate fees for one or more franchisees.

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Royalty$750 Per Month Per Unit
What To Know

A unit is the initial DonutNV trailer and any other trailer or other unit serving DonutNV products. The monthly royalty is payable on the first day of each calendar month, or the next business day if that date is not a business day.

The first royalty payment is due on the first day of the calendar month immediately after the month in which the franchisee takes delivery of the unit. Thereafter it is due monthly. The fee is payable by ACH or another required method; if the franchisor permits credit-card payment, the 5% processing fee applies to amounts paid that way.

Item 6 Note 3 permits an annual inflation adjustment on January 1. The general fee disclosure says fees are nonrefundable and reserves the right to change, waive, or eliminate fees for one or more franchisees.

The Development Rights Rider disclosure says future franchise agreements will use the same royalty fees and Brand Fund contribution as the first agreement. The Item 19 report’s $18,000 royalty for two company units in 2025 is consistent with $750 per unit per month over 12 months; its stated percentage is a reported comparison to revenue, not a different royalty rate.

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Some fees apply only to a specific event or service. These are not all monthly expenses.

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See how the disclosed startup costs fit your cash, reserves, and financing plans.

Your Role As An Owner

Open The Full FDD

The franchisee must personally participate in direct operations and devote substantial time and attention to the business. A sole owner is the Principal Executive; if there are multiple owners, one owner must be designated. The Principal Executive is primarily responsible for the business, has decision-making authority, and must own at least 50%. That person must complete initial and any future post-opening training and make reasonable efforts to attend required meetings. That person cannot miss more than three consecutive required meetings.

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Read The Disclosed Requirements

The owner must personally work at the first 25 events. To seek less personal involvement from the start, the franchisee must raise the plan before signing and obtain approval. After that initial period, daily operations may be delegated to a general manager who has completed training. The manager need not own equity in an entity-owned business; this option does not remove the stated owner participation requirements.

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If the business is owned by an entity, all owners must sign the Guaranty and Non-Compete Agreement; an owner’s spouse need not sign a personal guaranty unless also an owner. The franchisor may require a manager or designated key employee to sign confidentiality and non-compete agreements, but says it will not require an agreement that violates applicable state law.

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The agreement defines a territory with a population of up to 100,000, usually by ZIP codes. DonutNV says it will not operate or license another DonutNV mobile business in that territory, but expressly does not grant an exclusive territory. Fixed retail locations and other distribution channels may operate there, and other franchisees may serve events in specified circumstances, including if the franchisee is in default, cannot meet demand, or does not accept an event opportunity within 24 hours.

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Read The Disclosed Requirements

A franchisee cannot actively solicit events outside its territory or serve customers in another DonutNV business’s territory. It may serve an outside event if that area is not reserved for another franchisee, but no more than 10% of sales may come from outside its territory; exceeding that limit may require buying the territory or ceasing the activity. The franchisor may designate venues or events that cannot be served and decides how to allocate events spanning territories.

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The headquarters may be relocated anywhere within the territory. Changing the territory requires prior approval and any conditions the franchisor imposes. Additional units require approval and satisfaction of the stated default conditions. Territories and units under a Development Rights Rider are subject to an agreed schedule; if it is missed, the franchisor may reduce, alter, or eliminate territories. The rider may be terminated without penalty, and it does not give an option or right of first refusal to acquire another franchise.

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A disclosed territory policy does not confirm that your preferred area is available. Ask the franchisor about the specific area you are considering.

Training & Support

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The franchisee must attend initial training, and the Principal Executive must complete it. The program lists 12 classroom hours and 28 hours of on-the-job training in Clermont, Florida, covering subjects such as operations, equipment, food safety, inventory, marketing, and customer service. The franchisor plans to offer classes about every eight weeks and may vary length and content based on attendees’ experience and skill. Training is typically scheduled after the trailer deposit and start of manufacturing.

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Read The Disclosed Requirements

After training, the franchisor assesses the franchisee’s capabilities and may approve opening or require additional training or conditions. Training must be completed to its satisfaction at least two weeks before opening; it may require additional or refresher training in the future. Before opening, it provides access to the Operations Manual and conducts initial training. Business-plan review is available on request, as is advice on planning and carrying out the market-introduction plan.

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After opening, advice about operations and recommended prices is available on request, and in-person support may be provided in response to a request; it is not stated as guaranteed support. The franchisor says it will maintain the brand website and administer the Brand Fund, but need not advertise in a particular territory. Franchisee-created marketing needs approval, and the franchisor controls social-media accounts and other digital marketing. It also says it will conduct a food-safety and brand-standards review at least annually.

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Franchisor Financing

Open The Full FDD

DonutNV says it offers no direct or indirect financing and does not guarantee a franchisee’s note, lease, or other obligations. The FDD does not state whether an outside lender will offer financing. The franchise agreement restricts liens or security interests affecting the trailer or other branded assets and requires the unit to be de-identified before repossession or another transfer of possession or control to a third party.

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Inside The FDD

Open The Full FDD

Plain-language summaries of the FDD. Follow the page links to read the original document and its conditions.

Source-linked summaries of this FDD. Unresolved terms are omitted.

Sources
01The Franchisor And The Business

A DonutNV franchise is a mobile food business that uses a customized trailer to prepare and serve mini donuts, other food, and specialty beverages. It serves public events, private parties, corporate events, and recurring locations. The franchisor says the business usually serves public events lasting less than 30 days and caters private and corporate events.

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The franchisor is DonutNV Franchising Inc., a Florida corporation formed in 2018 and converted from a Pennsylvania corporation in 2023. It says it has no parent or predecessor, does not itself operate this type of business, and has no affiliates offering franchises in any line of business. Affiliate Keystone Manufacturing LLC supplies the trailer package and future donut machines; affiliate Keystone Amusements IP Holdings, LLC owns the DonutNV trademarks. A fixed retail franchise is not currently offered.

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02Business Experience

The listed management includes Kristen Seitz, Senior Vice President since August 2024; her earlier experience includes work as a consultant and Global Chief of Operations at Vivaticket. Juan Valdez, Director of Training and Brand Development, has worked with DonutNV since March 2024. Before that, he owned and operated a home-services business and led learning and development for another company.

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Kevin McLenithan has been Director of Franchise Development since October 2025 and previously held sales, partnership, and marketing roles at Revscale AI, ClientUp, and Major League Football. Co-founders Amanda and Alex Gingold have served on DonutNV’s board since February 2018. Alex founded an amusement-machine business in 2010; it shifted to a mini-donut business in 2014 and the owners rebranded it as DonutNV in 2018.

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03Litigation

The FDD reports a pending arbitration demand filed in May 2026 by current and former franchisees and related parties. The demand alleges issues involving the offer, sale, and operation of franchises, including disclosure, representations, training, support, operations, and damages. DonutNV denies liability and says it intends to defend the matter; the FDD reports no outcome.

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DonutNV also reports related civil actions it filed in Florida in May and June 2026 against certain franchisees, former franchisees, and related parties. The actions concern DonutNV’s claimed rights under releases and other contract provisions, and seek declaratory and injunctive relief and other remedies. The FDD says the actions were pending and no judgment had been entered.

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04Bankruptcy

The FDD states that no bankruptcy information is required to be disclosed in this Item. That is a statement about the disclosure requirement, not a statement that no bankruptcy history exists.

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05Initial Fees

Initial franchise fee: $59,500 for a territory of up to 100,000 people.

What To Know

Payable when the Franchise Agreement is signed; the fee is nonrefundable.

For a territory over 100,000 people, the fee increases by $0.50 per person. The disclosure also reports that 2025 fees ranged from $59,500 to $89,500 for multiple territories; those are historical figures, not the single-territory fee rule.

A $5,000 discount applies to the first territory for qualifying military veterans, including veterans with a discharge other than dishonorable and active-duty personnel. If the franchisee is an entity, the veteran participant must own at least 51%. A DD-214 must be provided before signing. The discount does not apply to additional territories, the trailer, or other purchases from the franchisor or affiliates.

The separate multi-territory schedule lists fees for two through five territories, payable in full upon signing the Development Rights Rider; those amounts are not added to the single-territory fee stated here.

U.S. population-based territory; the disclosure does not state a fee currency separately.

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06Other Fees

A 5% processing fee applies when payments to the franchisor are made by credit card.

What To Know

The Item 6 row describes the fee as 5% of royalty fees, brand fund contributions, and other fees paid to the franchisor by credit card. The note clarifies that, if the franchisor permits credit-card payments, the 5% is charged on the dollar amount of any amounts so paid.

The fee is due as the credit-card payments are made. The disclosure says fees are generally payable by ACH or another required method; credit-card payment is permitted only if the franchisor allows it.

No separate fee basis for payments to third parties is stated. Local advertising and software subscription charges are identified as payable to third parties, not to the franchisor.

The disclosure says fees are nonrefundable and reserves the right to change, waive, or eliminate fees for one or more franchisees; it also states that certain fees may be adjusted annually for inflation.

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The current technology fee is $300 per month per unit.

What To Know

Payable on the first day of each calendar month, or the next business day if that date is not a business day. The first payment is due on the first day of the calendar month immediately after the month in which the franchisee takes delivery of the unit.

The current fee covers access to the listed proprietary event-lead and web-management systems, one email address per open unit, ordering portal, online operations manual and training program, GPS tracking service per open unit, and data service for the DonutNV iPad. Item 11 also describes cellular and data service for the iPad. The fee is not necessarily a pass-through of exact costs; products or services may be added, removed, or altered.

The franchisor may increase the fee after 30 days’ prior notice and reserves the right to charge a commercially reasonable fee. Separately, Item 6 Note 3 reserves an annual inflation adjustment on January 1 for the technology fee and other fees. These provisions are stated with distinct notice and inflation-adjustment terms; the sources do not provide a replacement rate.

Item 6 Notes 1 and 2 describe payment method and first-payment timing. The general fee disclosure states fees are nonrefundable and reserves the right to change, waive, or eliminate fees for one or more franchisees.

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The Item 6 royalty is a flat $750 per month per unit.

What To Know

A unit is the initial DonutNV trailer and any other trailer or other unit serving DonutNV products. The monthly royalty is payable on the first day of each calendar month, or the next business day if that date is not a business day.

The first royalty payment is due on the first day of the calendar month immediately after the month in which the franchisee takes delivery of the unit. Thereafter it is due monthly. The fee is payable by ACH or another required method; if the franchisor permits credit-card payment, the 5% processing fee applies to amounts paid that way.

Item 6 Note 3 permits an annual inflation adjustment on January 1. The general fee disclosure says fees are nonrefundable and reserves the right to change, waive, or eliminate fees for one or more franchisees.

The Development Rights Rider disclosure says future franchise agreements will use the same royalty fees and Brand Fund contribution as the first agreement. The Item 19 report’s $18,000 royalty for two company units in 2025 is consistent with $750 per unit per month over 12 months; its stated percentage is a reported comparison to revenue, not a different royalty rate.

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07Estimated Initial Investment

Estimated initial investment to begin operating one DonutNV franchise: $189,580 to $272,900.

What To Know

This is the Item 7 estimate for one franchise agreement and one mobile trailer unit, not the separate development-rights-rider total. The cover states that $176,400–$206,400 of the single-franchise total must be paid to the franchisor or an affiliate.

The estimate includes insurance deposits and premiums of up to 12 months and additional funds for the first three months. The additional-funds estimate is $5,000–$20,000 and may cover pre-opening and initial operating expenses such as payroll and inventory; it excludes the owner’s salary or compensation and debt service.

The tow-vehicle low estimate assumes the owner already has a suitable vehicle; the high estimate assumes leasing a new vehicle. The required vehicle must be capable of hauling at least 7,000 pounds and meet the stated age and condition requirements. A second unit may require a second tow vehicle, although one may not be needed if a trailer is parked semi-permanently. These are alternative assumptions, not a representation that the same vehicle cost is both leased and purchased.

The trailer, equipment, signage, and supplies estimate is $114,650–$124,650 and is for purchase of the customized trailer package. State-specific upfit costs may add up to $20,000. The standard-package estimate assumes the setup meets local codes and permitting requirements; disclosed additional upfits may be needed to meet local requirements.

Delivery is estimated at $0–$6,000; the low estimate assumes personal pickup, and transport cost depends on distance within the continental United States and other factors.

Rent and utility deposits are estimated at $0–$9,000. The high end includes a security deposit and up to two months of commissary or commercial-kitchen and storage charges. At least 100 square feet of dry, secure storage is required; the estimate assumes home or small-office administration and zero construction, leasehold improvements, and fixtures. Site-specific work or other costs not listed in the Item 7 estimate should not be assumed included.

Training has no fee for up to two attendees, but the estimate includes $2,000–$5,000 of travel and living expenses for one or two people. Additional initial-training attendees cost $500 each, apart from their travel and living expenses.

The $2,250 technology setup and marketing package, initial franchise fee, trailer package, and other listed startup items are included in the Item 7 range; do not add the cover amount to the Item 7 total. The disclosure says the franchisor and affiliates do not finance any part of the initial investment. Lease and utility deposits may be refundable subject to amounts owed; the other listed expenditures are nonrefundable.

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08Required Purchases And Suppliers

The franchisor may require purchases from it, its designee, or approved suppliers, or require products to meet its specifications; it may change these requirements. Keystone Manufacturing LLC supplies the initial mobile-unit package and is the sole supplier of future or replacement donut machines. Mixes, toppings, other food items, paper products, and logo-bearing items must meet the stated specifications and come from approved suppliers; the franchisor currently is the only approved supplier for the specified food and paper products.

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A franchisee seeking to use an unapproved supplier must request approval in writing; approval depends on the franchisor’s criteria and is not automatic. The franchisor says it will respond in writing within 30 days and may later approve or revoke suppliers by notice or a Manual update. It and its affiliate may profit from products or services they supply. The FDD also requires specified insurance and sets standards for a tow vehicle used with the trailer.

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The initial trailer package is available from the affiliate at the franchisee’s election, but the franchisee must rewrap the trailer to the then-current design at least once every five years. The FDD also requires the use of specified software and requires insurance under the agreement and Manual. These requirements may be updated through revised specifications or written directives.

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09Your Obligations

The FDD’s obligations table covers site selection, pre-opening purchases and preparation, opening, and initial and ongoing training. It also points to duties to follow operating standards and the Manual, use permitted products and services, maintain the unit, carry insurance, advertise, keep records, and allow inspections or audits. The table directs readers to the relevant agreement sections and FDD Items for detail.

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Other listed obligations concern territorial development and sales, owner participation and staffing, customer-service and warranty requirements, and indemnification. The table also identifies transfer, renewal, post-termination, noncompetition, and dispute-resolution duties. This is a guide to where those obligations are covered, not a replacement for the agreements or the referenced disclosure sections.

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10Franchisor Financing

DonutNV says it offers no direct or indirect financing and does not guarantee a franchisee’s note, lease, or other obligations. The FDD does not state whether an outside lender will offer financing. The franchise agreement restricts liens or security interests affecting the trailer or other branded assets and requires the unit to be de-identified before repossession or another transfer of possession or control to a third party.

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11Training And Support

The franchisee must attend initial training, and the Principal Executive must complete it. The program lists 12 classroom hours and 28 hours of on-the-job training in Clermont, Florida, covering subjects such as operations, equipment, food safety, inventory, marketing, and customer service. The franchisor plans to offer classes about every eight weeks and may vary length and content based on attendees’ experience and skill. Training is typically scheduled after the trailer deposit and start of manufacturing.

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After training, the franchisor assesses the franchisee’s capabilities and may approve opening or require additional training or conditions. Training must be completed to its satisfaction at least two weeks before opening; it may require additional or refresher training in the future. Before opening, it provides access to the Operations Manual and conducts initial training. Business-plan review is available on request, as is advice on planning and carrying out the market-introduction plan.

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After opening, advice about operations and recommended prices is available on request, and in-person support may be provided in response to a request; it is not stated as guaranteed support. The franchisor says it will maintain the brand website and administer the Brand Fund, but need not advertise in a particular territory. Franchisee-created marketing needs approval, and the franchisor controls social-media accounts and other digital marketing. It also says it will conduct a food-safety and brand-standards review at least annually.

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12Territory

The agreement defines a territory with a population of up to 100,000, usually by ZIP codes. DonutNV says it will not operate or license another DonutNV mobile business in that territory, but expressly does not grant an exclusive territory. Fixed retail locations and other distribution channels may operate there, and other franchisees may serve events in specified circumstances, including if the franchisee is in default, cannot meet demand, or does not accept an event opportunity within 24 hours.

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A franchisee cannot actively solicit events outside its territory or serve customers in another DonutNV business’s territory. It may serve an outside event if that area is not reserved for another franchisee, but no more than 10% of sales may come from outside its territory; exceeding that limit may require buying the territory or ceasing the activity. The franchisor may designate venues or events that cannot be served and decides how to allocate events spanning territories.

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The headquarters may be relocated anywhere within the territory. Changing the territory requires prior approval and any conditions the franchisor imposes. Additional units require approval and satisfaction of the stated default conditions. Territories and units under a Development Rights Rider are subject to an agreed schedule; if it is missed, the franchisor may reduce, alter, or eliminate territories. The rider may be terminated without penalty, and it does not give an option or right of first refusal to acquire another franchise.

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13Trademarks

The principal DonutNV trademarks listed in the FDD are owned by affiliate Keystone Amusements IP Holdings, LLC and registered on the U.S. Patent and Trademark Office’s Principal Register. The FDD says the registrations were less than six years old, no affidavits were then required, and the registrations had not yet been renewed. It reports no current material trademark determinations, pending infringement, opposition, or cancellation proceedings, or material court litigation about trademark rights.

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The franchisor has an exclusive, perpetual license from its affiliate to sublicense the marks to franchisees throughout the United States. A franchisee’s use is limited to operating the business under the agreement and does not create ownership rights. If the franchisee uses the marks as required, the franchisor says it will defend and indemnify against third-party infringement claims as described in the FDD; it is not required to take affirmative action merely when notified of similar uses or claims. It may require a mark to be changed or discontinued at the franchisee’s expense.

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14Patents, Copyrights And Proprietary Information

DonutNV says it owns no patents material to the franchise and has no pending patent applications. It describes its original works, including the Operations Manual and training materials, as copyrighted, although it has no registered copyrights. A franchisee may use those materials during the franchise term solely for the franchised business. The franchisor does not promise to defend or indemnify the franchisee for copyright claims.

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The franchisor treats the Manual, recipes, methods, systems, and other nonpublic business information as proprietary and confidential. It says customer and point-of-sale data generated by the business is exclusively owned by the franchisor and licensed back to the franchisee for use in the DonutNV business. Franchisees must protect confidential information and disclose business-related innovations; the franchisor says it owns those innovations and may use them across the system without compensation.

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15Your Role As An Owner

The franchisee must personally participate in direct operations and devote substantial time and attention to the business. A sole owner is the Principal Executive; if there are multiple owners, one owner must be designated. The Principal Executive is primarily responsible for the business, has decision-making authority, and must own at least 50%. That person must complete initial and any future post-opening training and make reasonable efforts to attend required meetings. That person cannot miss more than three consecutive required meetings.

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The owner must personally work at the first 25 events. To seek less personal involvement from the start, the franchisee must raise the plan before signing and obtain approval. After that initial period, daily operations may be delegated to a general manager who has completed training. The manager need not own equity in an entity-owned business; this option does not remove the stated owner participation requirements.

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If the business is owned by an entity, all owners must sign the Guaranty and Non-Compete Agreement; an owner’s spouse need not sign a personal guaranty unless also an owner. The franchisor may require a manager or designated key employee to sign confidentiality and non-compete agreements, but says it will not require an agreement that violates applicable state law.

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16Products And Services You May Sell

A franchisee may sell only goods and services DonutNV approves and must offer the menu items and other offerings it requires. DonutNV may change the permitted or required offerings without a stated limit. Products may be sold only from the trailer, including through third-party delivery platforms such as DoorDash, Grubhub, and Uber Eats; sales by other means, including internet sales or shipping, are not permitted.

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The business is primarily to serve customers and events within its territory. The FDD says a franchisee cannot serve customers in another DonutNV business’s territory, and its Manual lists venues the franchisor does not permit franchisees to serve. Outside-territory sales are subject to the stated limit and possible requirement to buy the territory or stop the activity.

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17Renewal, Termination, Transfer And Disputes

The franchise term is 10 years, beginning on the first Tuesday after the calendar month in which the franchisee takes delivery of the unit. One additional 10-year successor term may be available. Renewal requires advance notice, compliance with obligations, meeting current standards, signing then-current agreements and related documents, and a general release unless applicable law prohibits it. The successor agreement may have materially different terms.

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A franchisee may terminate if DonutNV materially breaches the agreement and fails to cure or make substantial progress toward cure within 90 days after notice. DonutNV may terminate for cause, subject to applicable notice and cure rights. A transfer requires approval and stated conditions, including a qualified buyer, training, compliance, payment, and signing current documents. DonutNV also has a right of first refusal for transfers other than to a spouse, sibling, or child.

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At termination or expiration, the franchisee must stop operating, pay amounts due, return the Manual and proprietary items, and remove brand identification from the unit within 30 days and before any transfer to a third party. A two-year post-term non-compete applies within the specified areas near the former territory or another DonutNV territory operating at that time. Disputes generally go to arbitration except for injunctive relief; the stated forum and Florida-law provisions are subject to applicable state law.

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18Public Figures

DonutNV states that it does not use a public figure to promote its franchise.

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19Financial Performance Representations

The FDD presents historical information, not a projection. It includes 2025 data for affiliate-operated units and their event activity. The FDD says those units operated in Pennsylvania, had used the DonutNV brand since 2018, were primarily manager-run, had no specific territorial boundaries, and had no commissary expense; it notes these characteristics may differ materially from future franchise outlets.

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Separate tables report sales information submitted by franchisees with outlets open and operating for a full year in 2025, and required product costs and suggested retail prices. The franchisee-sales table excludes those who did not report, were not open for a full year, or operated below brand standards. The FDD does not present these sales disclosures as a complete account of outlet costs or franchisee profit. Some entries combine multiple franchised units, so they are not all single-trailer sales.

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The franchisor says it makes no other financial-performance representations and does not authorize employees or representatives to make them. Written substantiation for this Item is available on reasonable request. If a prospective buyer is considering an existing outlet, the franchisor may provide that outlet’s actual records. The FDD does not present the disclosed historical information as a promise of future performance.

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20Outlets And Franchisee Information

The FDD reports historical outlet activity for 2023 through 2025, including systemwide and state-level changes, transfers to new owners, openings, terminations, nonrenewals, reacquisitions, and outlets that ceased operating for other reasons. These tables describe past activity and do not establish current availability or whether a particular territory can be obtained.

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Exhibit F lists current franchisees and provides contact details for former franchisees who meet the stated criteria, including those whose outlets ceased operating during the most recently completed fiscal year or who had not communicated with DonutNV within 10 weeks of the issuance date. The FDD says a departing franchisee’s contact information may be shared with prospective buyers. It also reports that some franchisees signed provisions restricting discussion of their experiences.

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21Financial Statements

Exhibit D contains audited financial statements for DonutNV Franchising Inc. for the fiscal years ended December 31, 2025, 2024, and 2023. These are the franchisor’s statements; this disclosure does not identify them as franchisee financial statements.

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22Contracts

The FDD attaches proposed offering documents: the Franchise Agreement with Guaranty and Non-Compete Agreement; Development Rights Rider; state addenda; General Release; Mobile Unit Package; Purchase and Sale Agreement for the Mobile Kitchen; Deposit Agreement; and Confidentiality, Non-Use and Non-Competition Agreement.

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23Receipts

The FDD says detachable documents acknowledging receipt of the disclosure document are attached as its last two pages.

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Expert Guidance

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