Wendy's Old Fashioned Hamburgers

    Franchise research report · reviewed 2026 disclosure data

    Researching Wendy's Old Fashioned Hamburgers franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources

    Wendy's serves hamburgers, chicken, salads, fries and Frosty frozen desserts. Its restaurants offer breakfast, lunch and dinner menus, including combination meals and children's meals.

    Headline figures

    Wendy's Old Fashioned Hamburgers quick facts

    How much does it cost to open a Wendy's Old Fashioned Hamburgers franchise?
    The Wendy's Old Fashioned Hamburgers Franchise Disclosure Document reports separate estimated initial investments by format: $1,580,457 for total estimated initial investment: $1,580,457 to $3,105,000 (2026 FDD, Item 7, PDF p. 23); $1,463,457–$2,900,000 for total estimated initial capital investment before land, pre-opening expenses, and additional operating funds: $1,463,457 to $2,900,000 (2026 FDD, Item 7, PDF p. 23). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    What is the Wendy's Old Fashioned Hamburgers initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $50,000 (2026 FDD, Item 5, PDF p. 16). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does Wendy's Old Fashioned Hamburgers charge?
    The disclosed ongoing royalty is 4% (2026 FDD, Item 6, PDF p. 18). The brand or advertising fund contribution is 1.5% (2026 FDD, Item 6, PDF p. 18). Other recurring fees are listed in Item 6. Details
    Does Wendy's Old Fashioned Hamburgers disclose financial performance (Item 19)?
    Yes. The Wendy's Old Fashioned Hamburgers FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 58). Figures apply only to the locations and period each one covers. Details
    Is Wendy's Old Fashioned Hamburgers a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    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: $1,580,457 (Total Estimated Initial Investment: $1,580,457 to $3,105,000); $1,463,457 – $2,900,000 (Total Estimated Initial Capital Investment Before Land, Pre-Opening Expenses, and Additional Operating Funds: $1,463,457 to $2,900,000); several initial fee options apply.
    2. 2Item 19 covers 8 separate groups: other measures for 367 Company-owned locations; other measures for 21 Franchisee-owned locations; other measures for 235 Franchisee-owned locations; other measures for 5,347 Franchisee-owned locations; other measures for 9 Franchisee-owned locations; revenue and EBITDA and profit and costs for 360 Company-owned locations; other measures for 15 Franchisee-owned locations; costs for 360 Franchisee-owned locations. They are not combined.

    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.

    • Total Estimated Initial Capital Investment Before Land, Pre-Opening Expenses, and Additional Operating Funds: $1,463,457 to $2,900,000PDF p. 23$1,463,457 – $2,900,000
    • $1,580,457 to $3,105,000PDF p. 23$1,580,457

    Standard single-unit franchise fee

    2026 FDD · Item 5 · PDF p. 16
    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 — traditional/GroundbreakerMain ongoing fee

    47 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?

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

    Locations counted: not stated in the reviewed record

    Other measures · 367 locations

    Who is counted
    Company Restaurants
    Period
    minimum annual gross sales
    Excluded
    63 Company Restaurants excluded for less than 52 consecutive weeks; 2 closed permanently; 5 acquired by franchisees, excluded
    Method
    Historical FY2025 sales; franchise sales based on weekly franchisee reports and automated POS data, not independently verified

    Locations counted: not stated in the reviewed record

    Other measures · 21 locations

    Who is counted
    Transportation non-traditional franchise restaurants
    Period
    restaurants at or above average
    Excluded
    Non-traditional location types only; transportation, fuel, food court, and military group
    Method
    Historical FY2025 sales; franchise sales based on weekly franchisee reports and automated POS data, not independently verified

    Locations counted: not stated in the reviewed record

    Other measures · 235 locations

    Who is counted
    Fuel non-traditional franchise restaurants
    Period
    number of restaurants
    Excluded
    Non-traditional location types only; transportation, fuel, food court, and military group
    Method
    Historical FY2025 sales; franchise sales based on weekly franchisee reports and automated POS data, not independently verified

    Locations counted: not stated in the reviewed record

    Other measures · 5,347 locations

    Who is counted
    Franchise Restaurants
    Period
    percent of restaurants at or above average
    Excluded
    305 Franchise Restaurants excluded for less than 52 consecutive weeks; 71 closed permanently; 35 acquired by Quality, excluded
    Method
    Historical FY2025 sales; franchise sales based on weekly franchisee reports and automated POS data, not independently verified

    Locations counted: not stated in the reviewed record

    Other measures · 9 locations

    Who is counted
    Military non-traditional franchise restaurants
    Period
    maximum annual gross sales
    Excluded
    Non-traditional location types only; transportation, fuel, food court, and military group
    Method
    Historical FY2025 sales; franchise sales based on weekly franchisee reports and automated POS data, not independently verified

    Locations counted: not stated in the reviewed record

    Revenue, EBITDA, profit and costs · 360 locations

    Who is counted
    Traditional Company Restaurants open and continuously operating at least 52 weeks as of Dec. 28, 2025
    Period
    median amount
    Excluded
    63 Company Restaurants with less than 52 consecutive weeks excluded; 8 non-traditional Company Restaurants not represented
    Method
    Historical FY2025 sales; franchise sales based on weekly franchisee reports and automated POS data, not independently verified

    Locations counted: not stated in the reviewed record

    Other measures · 15 locations

    Who is counted
    Food Court non-traditional franchise restaurants
    Period
    median annual gross sales
    Excluded
    Non-traditional location types only; transportation, fuel, food court, and military group
    Method
    Historical FY2025 sales; franchise sales based on weekly franchisee reports and automated POS data, not independently verified

    Locations counted: not stated in the reviewed record

    Costs · 360 locations

    Who is counted
    Additional operating expense for franchised restaurants
    Period
    Royalty
    Method
    Historical FY2025 sales; franchise sales based on weekly franchisee reports and automated POS data, not independently verified

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    Coverage not stated in the reviewed record · counts as of year end of each year.

    2026 FDD · Item 20 ·

    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 ($1,463,457 – $2,900,000) 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?

    • 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. 16
    2. [2]Item 19 — Locations counted not stated in the reviewed record — Company Restaurants · PDF p. 58
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Transportation non-traditional franchise restaurants · PDF p. 59
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Fuel non-traditional franchise restaurants · PDF p. 59
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Franchise Restaurants · PDF p. 58
    6. [6]Item 19 — Locations counted not stated in the reviewed record — Military non-traditional franchise restaurants · PDF p. 59
    7. [7]Item 19 — Locations counted not stated in the reviewed record — Traditional Company Restaurants open and continuously operating at least 52 wee… · PDF p. 60
    8. [8]Item 19 — Locations counted not stated in the reviewed record — Food Court non-traditional franchise restaurants · PDF p. 59
    9. [9]Item 19 — Locations counted not stated in the reviewed record — Additional operating expense for franchised restaurants · PDF p. 60

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.

    Territory & operations

    151 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.

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

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2025quality balance sheet/operations statements$2,025
    2024quality balance sheet/operations statements$2,024
    2023quality balance sheet/operations statements$2,023
    —fixed-rate notes outstanding$2,760
    —fixed-rate notes issued$2,975

    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

    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.