Unitnomics

Franchises · 2026 FDD · Wisconsin DFI filing 640447

Arby's franchise cost, unit revenue and closures

Opening a Arby's cost $868,550 to $2,456,600 in the 2026 FDD; the median unit sold $1,201,669 in the franchisor's fiscal 2025 figures; 8.0% of franchised units closed over three years.

Franchisor: Arby's Franchisor, LLC. FDD issued 2026-03-26. Fiscal year end 2025-12-28. Figures re-found on the cited page 2026-11-03.

What a unit costs to open

Initial investment range$868,550 – $2,456,600Item 7, p. 31, 32
Midpoint (site arithmetic)$1,662,575(low + high) ÷ 2

first column, excluding real estate purchase; second column $651,550 to $1,379,600.

Largest line: Building, construction and equipment subtotal, $753,000 to $1,617,400 (Item 7, p. 32).

What a unit pays the franchisor

Initial franchise fee$37,500Item 5, p. 21
Royalty4% of Gross Sales, monthly, subject to incentives (6.2% for non-traditional restaurants)Item 6, p. 23
Advertising fundnot read in this passItem 6, p. 23

Standard Traditional Restaurant, plus a $12,500 development fee per restaurant; $0 under the Standard Incentive; non-traditional $18,750.

What a unit sells

Item 19 is optional and is the franchisor's own representation. It is shown here as filed, with the franchisor's measure, sample and period, and nothing is estimated where it is missing.

Median unit revenue$1,201,669Item 19, p. 63, 64
Average$1,274,787939 units (43.0%) at or above
MeasureAnnual Unit Volume (Gross Sales), 2025
Sample2,182 units: the 2025 Franchised Restaurants open the full year (Inspire template); free-standing 1,858 (median $1,199,475), travel plaza 177 (median $1,406,679); quartiles also given
Periodfiscal 2025
High / low$4,008,289 / $390,125

Revenue to investment

Median revenue ÷ investment midpoint0.72$1,201,669 ÷ $1,662,575
At the low and high end of Item 71.38 / 0.49÷ $868,550 and ÷ $2,456,600

Formula: Item 19 all-restaurants median AUV / Item 7 first-column total (midpoint, low, high). A ratio of 1.00 means one year of median unit revenue equals the investment; it says nothing about profit.

How many units open and close

Franchised units202320242025
Start of year2,3052,3162,286
Opened5533136
Terminated100
Not renewed14298
Reacquired by franchisor000
Ceased, other reasons293470
End of year2,3162,2862,344
Company-owned, end of year1,0971,079921

Item 20, Table 1 p. 66; Table 3 totals p. 71.

Three-year closure rate8.03%185 closures ÷ 2,305 at start of 2023
Three-year net change, franchised+39 (1.7%)end 2025 − start 2023

Closures are the franchisor's Item 20 counts of units terminated, not renewed, or ceased for other reasons, summed over 2023–2025 and divided by franchised units at the start of 2023. Units the franchisor reacquired are not closures. This is an Item 20 count, not a failure rate.

As filed: the 2025 total-outlets start prints 3,413 (equal to 2023's end) rather than 2024's end of 3,365; United States only. 2025 franchised openings of 136 include refranchised company restaurants (company-owned fell by 158).

Source and method

Every figure above comes from the Arby's Franchise Disclosure Document issued 2026-03-26, as filed with the Wisconsin Department of Financial Institutions (filing 640447, registry record). The PDF is the franchisor's and is not hosted here; the item and page beside each figure is where to check it. Item 7 and Item 20 tables were read cell by cell; Item 19 was read by hand; each Item 20 year was checked to sum (start + opened − exits = end) before it was recorded.

Informational only, not professional, legal or investment advice. Unitnomics computes from the filing and does not advise on, rank, or refer to any franchise. Last reviewed: November 2026.

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