Which costs less to open, 76 Fence or Top Rail?

76 Fence: $279,407 (2026 FDD · Item 7 · PDF p. 12); Top Rail: $177,444 – $519,944 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Top Rail. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.

Which has more locations, 76 Fence or Top Rail?

76 Fence: 9 (2026 FDD · Item 20 · PDF p. 27); Top Rail: 189 (2025 FDD · Item 20 · PDF p. 73). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.

Do 76 Fence and Top Rail disclose financial performance (Item 19)?

76 Fence makes no Item 19 financial performance representation; Top Rail has reviewed Item 19 figures for 7 location groups. Different location groups are not directly comparable, and revenue is not profit.

Franchise opportunities compared

76 Fence vs Top Rail

Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

76 Fence2026 FDD

Top Rail2026 FDD

Initial investment · Item 7

76 Fence

$279,407

2026 FDD · Item 7 · PDF p. 12

Top Rail

$177,444 – $519,944

2026 FDD · Item 7

Initial franchise fee · Item 5

76 Fence

Not available

Top Rail

$59,900

2026 FDD · Item 5 · PDF p. 15

Royalty · Item 6

76 Fence

Not available

Top Rail

4% · 6%–4% source

2026 FDD · Item 6 · PDF p. 18

Before you compare

Both sets of figures come from 2026 FDDs.
Top Rail discloses more than one business format, so the investment range spans formats; the full report breaks them out.
Only Top Rail has reviewed Item 19 figures here.

Financial commitment

Disclosure

76 Fence

Top Rail

Estimated initial investment (Item 7)

76 Fence

$279,407

Total

2026 FDD · Item 7 · PDF p. 12

Top Rail

$177,444 – $519,944

2026 FDD · Item 7

Standard initial franchise fee (Item 5)

76 Fence

Not available

No single standard fee identified

Top Rail

$59,900

2026 FDD · Item 5 · PDF p. 15

Royalty (Item 6)

76 Fence

Not available

No reviewed royalty record

Top Rail

4% · 6%–4% source

Blended royalty rate range low

2026 FDD · Item 6 · PDF p. 18

Brand / advertising fund (Item 6)

76 Fence

$1,500/mo

Marketing Fee — per month

2026 FDD · Item 6 · PDF p. 10

Top Rail

Brand Fund Contribution — 1% — 1%

2026 FDD · Item 6 · PDF p. 18

System scale & health

Disclosure

76 Fence

Top Rail

Total outlets (Item 20)

76 Fence

Outlets at end of 2025

2026 FDD · Item 20 · PDF p. 27

Top Rail

189

Outlets at end of 2025

2025 FDD · Item 20 · PDF p. 73

Net outlet change (Item 20)

76 Fence

Calculated: 1 at end of 2023 → 9 at end of 2025

Top Rail

+168

Calculated: 21 at end of 2022 → 189 at end of 2025

Outlet exits (Item 20)

76 Fence

Closures, terminations & non-renewals in 2025 · Calculated turnover 0.0% of outlets at start of year

2026 FDD · Item 20 · PDF p. 27

Top Rail

Not available

No complete exit records for a year

Franchising since (Item 1)

76 Fence

2024

2026 FDD · Item 1 · PDF p. 7

Top Rail

Not available

Not in reviewed records

Franchisor founded (Item 1)

76 Fence

2023

2026 FDD · Item 1 · PDF p. 6

Top Rail

Not available

Not in reviewed records

Financial performance (Item 19), by location group

76 Fence

Not disclosed — no Item 19 financial performance representation

Top Rail

Locations counted not stated in the reviewed record — Firstyearfully2025not2024

7 locations

other PartI Firstyearfully2025not2024 exceededaveragecount

2026 FDD · Item 19 · PDF p. 72

Locations counted not stated in the reviewed record — Secondyearfully2025and2024

$1,319,327

other PartI Secondyearfully2025and2024 average AcceptedContracts

2026 FDD · Item 19 · PDF p. 72

Locations counted not stated in the reviewed record — Proposalconversion56locations168territories

28.66 percent

other PartII Proposalconversion56locations168territories median

2026 FDD · Item 19 · PDF p. 73

+4 more groups in the full report

Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

76 Fence vs Top Rail: common questions

Which costs less to open, 76 Fence or Top Rail?: 76 Fence: $279,407 (2026 FDD · Item 7 · PDF p. 12); Top Rail: $177,444 – $519,944 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Top Rail. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
Which has more locations, 76 Fence or Top Rail?: 76 Fence: 9 (2026 FDD · Item 20 · PDF p. 27); Top Rail: 189 (2025 FDD · Item 20 · PDF p. 73). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
Do 76 Fence and Top Rail disclose financial performance (Item 19)?: 76 Fence makes no Item 19 financial performance representation; Top Rail has reviewed Item 19 figures for 7 location groups. Different location groups are not directly comparable, and revenue is not profit.

Answers restate the reviewed figures above. Not a ranking or recommendation.

How Franopolis reviews FDD figures