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.

    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.
    Disclosure76 FenceTop Rail
    Financial commitment
    Estimated initial investment (Item 7)
    $279,407
    Total
    2026 FDD · Item 7 · PDF p. 12
    $177,444 – $519,944
    2026 FDD · Item 7
    Standard initial franchise fee (Item 5)
    Not available
    No single standard fee identified
    $59,900
    2026 FDD · Item 5 · PDF p. 15
    Royalty (Item 6)
    Not available
    No reviewed royalty record
    6%–4% source
    Blended royalty rate range low
    2026 FDD · Item 6 · PDF p. 18
    Brand / advertising fund (Item 6)
    $1,500/mo
    Marketing Fee — per month
    2026 FDD · Item 6 · PDF p. 10
    $1.00
    Brand Fund Contribution — 1%
    2026 FDD · Item 6 · PDF p. 18
    System scale & health
    Total outlets (Item 20)
    9
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 27
    378
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 75
    Net outlet change (Item 20)
    +8
    Calculated: 1 at end of 2023 → 9 at end of 2025
    +192
    Calculated: 186 at end of 2023 → 378 at end of 2025
    Outlet exits (Item 20)
    0
    Closures, terminations & non-renewals in 2025 · Calculated turnover 0.0% of outlets at start of year
    2026 FDD · Item 20 · PDF p. 27
    Not available
    No complete exit records for a year
    Franchising since (Item 1)
    2024
    2026 FDD · Item 1 · PDF p. 7
    Not available
    Not in reviewed records
    Franchisor founded (Item 1)
    2023
    2026 FDD · Item 1 · PDF p. 6
    Not available
    Not in reviewed records
    Performance (Item 19)
    Financial performance (Item 19), by location group
    Not disclosed — no Item 19 financial performance representation
    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.