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    Franchise opportunities compared

    Afc vs Anchor Bar

    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.

    Afc2025 FDDAnchor Bar2026 FDD

    Initial investment · Item 7

    Afc

    $955,500 – $1,519,500

    2025 FDD · Item 7 · PDF p. 21

    Anchor Bar

    $1,202,000 – $3,024,000

    2026 FDD · Item 7

    Initial franchise fee · Item 5

    Afc

    Not available

    Anchor Bar

    $60,000

    2026 FDD · Item 5 · PDF p. 17

    Royalty · Item 6

    Afc

    6%

    2025 FDD · Item 6 · PDF p. 16

    Anchor Bar

    5%

    2026 FDD · Item 6 · PDF p. 17

    Before you compare

    • Afc figures come from its 2025 FDD and Anchor Bar figures from its 2026 FDD, so the years differ.
    • Anchor Bar discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (Afc: 2, Anchor Bar: 6). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Afc

    $955,500 – $1,519,500
    Total initial investment
    2025 FDD · Item 7 · PDF p. 21

    Anchor Bar

    $1,202,000 – $3,024,000
    2026 FDD · Item 7
    Standard initial franchise fee (Item 5)

    Afc

    Not available
    No single standard fee identified

    Anchor Bar

    $60,000
    2026 FDD · Item 5 · PDF p. 17
    Royalty (Item 6)

    Afc

    6%
    Royalty rate
    2025 FDD · Item 6 · PDF p. 16

    Anchor Bar

    5%
    Royalty percentage of gross revenues
    2026 FDD · Item 6 · PDF p. 17
    Brand / advertising fund (Item 6)

    Afc

    1%
    Marketing fee current rate — 1%
    2025 FDD · Item 6 · PDF p. 16

    Anchor Bar

    3%
    Advertising fund maximum percentage of gross revenues — 3%
    2026 FDD · Item 6 · PDF p. 17

    System scale & health

    Total outlets (Item 20)

    Afc

    3,762
    Outlets at end of 2025
    2025 FDD · Item 20 · PDF p. 55

    Anchor Bar

    16
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 54
    Net outlet change (Item 20)

    Afc

    +3,466
    Calculated: 296 at end of 2022 → 3,762 at end of 2025

    Anchor Bar

    +4
    Calculated: 12 at end of 2023 → 16 at end of 2025
    Outlet exits (Item 20)

    Afc

    Not available
    No complete exit records for a year

    Anchor Bar

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Afc

    Not available
    Not in reviewed records

    Anchor Bar

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Afc

    Not available
    Not in reviewed records

    Anchor Bar

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Afc
    Locations counted not stated in the reviewed record — Affiliate Owned Centers in 2024
    $3,284,470
    other Affiliate-owned cash revenue range high
    2025 FDD · Item 19 · PDF p. 52
    Locations counted not stated in the reviewed record — Franchisee Owned Centers in 2024
    $4,800,253
    other Franchisee-owned cash revenue range high
    2025 FDD · Item 19 · PDF p. 52
    Anchor Bar
    Locations counted not stated in the reviewed record — US franchised restaurants open full applicable year and still operating; locati…
    $2,501,104
    other gross sales
    2026 FDD · Item 19 · PDF p. 51
    Locations counted not stated in the reviewed record — US franchised restaurants open full applicable year and still operating; locati…
    $2,449,992
    other gross sales
    2026 FDD · Item 19 · PDF p. 52
    Locations counted not stated in the reviewed record — Theme Park (Note 1)
    $410,420
    other Theme Park
    2026 FDD · Item 19 · PDF p. 53
    +3 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.

    Afc vs Anchor Bar: common questions

    Which costs less to open, Afc or Anchor Bar?
    Afc: $955,500 – $1,519,500 (2025 FDD · Item 7 · PDF p. 21); Anchor Bar: $1,202,000 – $3,024,000 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Afc. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do Afc and Anchor Bar royalties compare?
    Afc: 6% (2025 FDD · Item 6 · PDF p. 16); Anchor Bar: 5% (2026 FDD · Item 6 · PDF p. 17). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Afc or Anchor Bar?
    Afc: 3,762 (2025 FDD · Item 20 · PDF p. 55); Anchor Bar: 16 (2026 FDD · Item 20 · PDF p. 54). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Afc and Anchor Bar disclose financial performance (Item 19)?
    Afc has reviewed Item 19 figures for 2 location groups; Anchor Bar has reviewed Item 19 figures for 6 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

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    Full Afc report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    Full Anchor Bar report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

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    Plain-language meaning of each Item