Anchor Bar

    Franchise research report · reviewed 2026 disclosure data

    Researching Anchor Bar franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources

    Anchor Bar franchise brings the authentic taste of Buffalo-style chicken wings to communities nationwide, building on the legacy of the restaurant credited with

    Headline figures

    Quick facts

    How much does it cost to open an Anchor Bar franchise?
    The Anchor Bar Franchise Disclosure Document reports separate estimated initial investments by format: $1,202,000–$1,854,000 for conversion only (restaurant conversion: total (note 8)) (2026 FDD, Item 7, PDF p. 23); $1,722,000–$3,024,000 for conversion only (nonrestaurant conversion: total (note 8)) (2026 FDD, Item 7, PDF p. 25). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    What is the Anchor Bar initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $60,000 (2026 FDD, Item 5, PDF p. 17). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does Anchor Bar charge?
    The disclosed ongoing royalty is 5% (2026 FDD, Item 6, PDF p. 17). The brand or advertising fund contribution is 3% (2026 FDD, Item 6, PDF p. 17). Other recurring fees are listed in Item 6. Details
    Does Anchor Bar disclose financial performance (Item 19)?
    Yes. The Anchor Bar FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 51). Figures apply only to the locations and period each one covers. Details
    How many Anchor Bar locations are there?
    The FDD reports 16 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 54). Existing locations do not indicate territory availability. Details

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1The 2026 FDD (Item 7) estimates opening costs separately by format: $1,202,000 – $1,854,000 (Restaurant conversion: TOTAL (Note 8)); $1,722,000 – $3,024,000 (Nonrestaurant conversion: TOTAL (Note 8)); several initial fee options apply.
    2. 2Item 19 covers 6 separate groups: revenue for 8 Franchised locations; revenue for 9 Franchised locations; other measures for 1 Nontraditional locations; revenue for 1 Affiliate-owned locations; revenue for 1 Nontraditional locations; other measures for 1 Nontraditional locations. They are not combined.
    3. 3Outlets held steady in 2025, to 16 (United States, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Range across 2 single-unit formats

    2026 FDD · Item 7

    Formats disclosed in Item 7 (2)

    Each format has its own total. The total depends on the format you choose.

    • Restaurant conversion: TOTAL (Note 8)PDF p. 23$1,202,000 – $1,854,000
    • Nonrestaurant conversion: TOTAL (Note 8)PDF p. 25$1,722,000 – $3,024,000

    Standard single-unit franchise fee

    2026 FDD · Item 5 · PDF p. 17
    Discounted and multi-unit options are separate; see all fees.

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Royalty percentage of gross revenuesMain ongoing fee

    25 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    6 separate populations, shown apart. Revenue is not owner income.

    Locations counted: not stated in the reviewed record

    Revenue · 8 locations

    Who is counted
    US franchised restaurants open full applicable year and still operating; locations approximately 4,000–9,000 sq ft.
    Period
    2022
    Excluded
    Affiliate and nontraditional excluded; one franchise closed 2023. Gross sales exclude taxes, manager meals, voids and comps; food-truck sales insignificant.
    Method
    Franchisee reports via designated POS; gross sales before costs.

    Locations counted: not stated in the reviewed record

    Revenue · 9 locations

    Who is counted
    US franchised restaurants open full applicable year and still operating; locations approximately 4,000–9,000 sq ft.
    Period
    2025
    Excluded
    Affiliate and nontraditional excluded; one franchise closed 2023. Gross sales exclude taxes, manager meals, voids and comps; food-truck sales insignificant.
    Method
    Franchisee reports via designated POS; gross sales before costs.

    Locations counted: not stated in the reviewed record

    Other measures · 1 locations

    Who is counted
    Theme Park (Note 1)
    Period
    2023
    Method
    Designated POS and affiliate books; before costs; theme park seasonal; college opened 2021 and operates school year.

    Locations counted: not stated in the reviewed record

    Revenue · 1 locations

    Who is counted
    Buffalo, New York
    Period
    2022
    Method
    Designated POS and affiliate books; before costs; theme park seasonal; college opened 2021 and operates school year.

    Locations counted: not stated in the reviewed record

    Revenue · 1 locations

    Who is counted
    Airport
    Period
    2022
    Method
    Designated POS and affiliate books; before costs; theme park seasonal; college opened 2021 and operates school year.

    Locations counted: not stated in the reviewed record

    Other measures · 1 locations

    Who is counted
    College (Note 2)
    Period
    2023
    Method
    Designated POS and affiliate books; before costs; theme park seasonal; college opened 2021 and operates school year.

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    United States, as labeled in the FDD · counts as of 2025 of each year.

    2026 FDD · Item 20 · PDF p. 54

    Net +4 outlets, 2023–2025

    0122023162024162025+40

    Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($1,202,000 – $3,024,000) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Reported units went from 16 to 16 in 2025. How many new units opened, closed or changed hands?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2026 FDD)

    1. [1]Standard initial franchise fee — Item 5 · PDF p. 17
    2. [2]Item 19 — Locations counted not stated in the reviewed record — US franchised restaurants open full applicable year and still operating; locati… · PDF p. 51
    3. [3]Item 19 — Locations counted not stated in the reviewed record — US franchised restaurants open full applicable year and still operating; locati… · PDF p. 52
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Theme Park (Note 1) · PDF p. 53
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Buffalo, New York · PDF p. 53
    6. [6]Item 19 — Locations counted not stated in the reviewed record — Airport · PDF p. 53
    7. [7]Item 19 — Locations counted not stated in the reviewed record — College (Note 2) · PDF p. 53
    8. [8]Outlet counts — Item 20, Table 1 · PDF p. 54

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: GetFDD listing

    Territory & operations

    These are contract disclosures, not confirmation that any territory is currently available.

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2025cash and cash equivalents$1,040,747
    2025accounts receivableMore than one value recorded for this year — open the FDD source before comparing$22,938
    2025royalties receivableMore than one value recorded for this year — open the FDD source before comparing$21,714
    2025prepaid commissionsMore than one value recorded for this year — open the FDD source before comparing$196,065
    2025property and equipment, net$4,797
    2025accounts payableMore than one value recorded for this year — open the FDD source before comparing$73,648
    2025deferred initial franchise feeMore than one value recorded for this year — open the FDD source before comparing$441,996
    2025accrued gift cardsMore than one value recorded for this year — open the FDD source before comparing$104,867
    2025related party payableMore than one value recorded for this year — open the FDD source before comparing$339,784
    2025members' equity$313,485
    2025royalties$1,676,840
    2025purchasing rebates$275,628
    2025initial franchise fee$193,040
    2025total revenue$2,145,508
    2025administrative and management services$383,167
    2025salaries$341,319
    2025advertising and promotion$202,738
    2025commissions$90,418
    2025trademark expense$48,188
    2025technology$41,185
    2025payroll taxes and fees$31,309
    2025guaranteed payments$23,368
    2025printing and reproduction$6,700
    2025state franchise tax expense$6,213
    2025bank charges$4,138
    2025depreciationMore than one value recorded for this year — open the FDD source before comparing$2,784
    2025office$1,115
    2025total operating expense$1,661,198
    2025income from operations$484,310
    2025other income$29,264
    2025members' equity - beginning of year$334,682
    2025net incomeMore than one value recorded for this year — open the FDD source before comparing$513,574
    2025depreciationMore than one value recorded for this year — open the FDD source before comparing$2,784
    2025credit lossMore than one value recorded for this year — open the FDD source before comparing$2,706
    2025accounts receivableMore than one value recorded for this year — open the FDD source before comparing$45,462
    2025royalties receivableMore than one value recorded for this year — open the FDD source before comparing-$4,731
    2025prepaid commissionsMore than one value recorded for this year — open the FDD source before comparing$46,918
    2025accounts payableMore than one value recorded for this year — open the FDD source before comparing-$2,707
    2025deferred initial franchise feeMore than one value recorded for this year — open the FDD source before comparing-$129,039
    2025accrued gift cardsMore than one value recorded for this year — open the FDD source before comparing$24,334
    2025other accrued expensesMore than one value recorded for this year — open the FDD source before comparing$34,991
    2025net cash flow from operating activities$590,489
    2025amounts loaned on note receivable-$44,308
    2025distributions to membersMore than one value recorded for this year — open the FDD source before comparing-$534,771
    2025change in cash and cash equivalents$18,551
    2025cash and cash equivalents - beginning of year$1,022,196
    2025cash and cash equivalents - end of year$1,040,747
    2025franchise development$24,214
    2025net incomeMore than one value recorded for this year — open the FDD source before comparing$513,574
    2025payroll reimbursement$258,759
    2025insurance$39,882
    2025total assets$1,323,428
    2025credit lossMore than one value recorded for this year — open the FDD source before comparing$2,706
    2025total liabilities$1,009,943
    2025principal payments received on note receivable$7,141
    2025note receivable$37,167
    2025professional services$152,995
    2025other accrued expensesMore than one value recorded for this year — open the FDD source before comparing$49,648
    2025members' equity - end of year$313,485
    2025inventory$59,549
    2025distributions to membersMore than one value recorded for this year — open the FDD source before comparing-$534,771
    2025related party payableMore than one value recorded for this year — open the FDD source before comparing-$3,352
    2025net cash flow from investing activities-$37,167
    2024royalties receivableMore than one value recorded for this year — open the FDD source before comparing$16,983
    2024prepaid commissionsMore than one value recorded for this year — open the FDD source before comparing$242,983
    2024inventoryMore than one value recorded for this year — open the FDD source before comparing$59,549
    2024property and equipment, net$7,581
    2024total assets$1,420,398
    2024accounts payableMore than one value recorded for this year — open the FDD source before comparing$76,355
    2024accrued gift cardsMore than one value recorded for this year — open the FDD source before comparing$80,533
    2024other accrued expensesMore than one value recorded for this year — open the FDD source before comparing$14,657
    2024related party payableMore than one value recorded for this year — open the FDD source before comparing$343,136
    2024total liabilities$1,085,716
    2024members' equity$334,682
    2024purchasing rebates$262,743
    2024administrative and management services$415,206
    2024salaries$332,118
    2024payroll reimbursement$225,896
    2024advertising and promotion$131,338
    2024professional services$94,413
    2024commissions$45,662
    2024technology$49,796
    2024insurance$42,154
    2024payroll taxes and fees$30,805
    2024franchise development$16,013
    2024guaranteed payments$25,312
    2024state franchise tax expense$702
    2024depreciationMore than one value recorded for this year — open the FDD source before comparing$3,106
    2024office$2,595
    2024income from operations$380,002
    2024other income$36,854
    2024net incomeMore than one value recorded for this year — open the FDD source before comparing$416,856
    2024members' equity - beginning of year$18,983
    2024distributions to membersMore than one value recorded for this year — open the FDD source before comparing-$101,157
    2024members' equity - end of year$334,682
    2024net incomeMore than one value recorded for this year — open the FDD source before comparing$416,856
    2024accounts receivableMore than one value recorded for this year — open the FDD source before comparing-$53,914
    2024related party receivable$3,388
    2024prepaid commissionsMore than one value recorded for this year — open the FDD source before comparing-$27,504
    2024accounts payableMore than one value recorded for this year — open the FDD source before comparing-$3,249
    2024accrued gift cardsMore than one value recorded for this year — open the FDD source before comparing$13,727
    2024other accrued expensesMore than one value recorded for this year — open the FDD source before comparing-$6,646
    2024related party payableMore than one value recorded for this year — open the FDD source before comparing$135,589
    2024net cash flow from operating activities$472,839
    2024net cash flow from investing activities-$1,650
    2024distributions to membersMore than one value recorded for this year — open the FDD source before comparing-$101,157
    2024cash and cash equivalents - beginning of year$652,164
    2024cash and cash equivalents - end of year$1,022,196
    2024trademark expense$44,380
    2024cash and cash equivalents$1,022,196
    2024bank charges$1,352
    2024total operating expense$1,464,955
    2024accounts receivableMore than one value recorded for this year — open the FDD source before comparing$71,106
    2024deferred initial franchise feeMore than one value recorded for this year — open the FDD source before comparing$571,035
    2024printing and reproduction$4,107
    2024initial franchise fee$85,196
    2024total revenue$1,844,957
    2024depreciationMore than one value recorded for this year — open the FDD source before comparing$3,106
    2024deferred initial franchise feeMore than one value recorded for this year — open the FDD source before comparing$14,804
    2024royalties$1,497,018
    2024royalties receivableMore than one value recorded for this year — open the FDD source before comparing$19,682
    2024inventoryMore than one value recorded for this year — open the FDD source before comparing-$43,000
    2024purchase of equipment-$1,650
    2024change in cash and cash equivalents$370,032

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

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    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Not reviewed

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.