Wendy's or Wendy's Old Fashioned Hamburgers Restau
Source filing: WI · filed 2026-03-27
Item 5 — Initial franchise fee
Not disclosed
Item 6 — Recurring fees (royalty & advertising)
| Royalty | Varies between 4-6% of “Gross Sales” 2, 3, 4 (depending on the type of restaurant and development program): 4% for traditional/Groundbreaker Restaurants 5% for Restaurants developed under a previously executed Pacesetter Development Agreement 6% for Restaurants on military bases and those developed or acquired under the Build- to-Suit Program. [p.18 · WI · 2026-03-27] |
|---|---|
| National Advertising 5 | 2, 3, 4,5 1.50-4.00% of Gross Sales. [p.18 · WI · 2026-03-27] |
| Local and Regional Advertising 6 | 2,4,5,6 .50% of Gross Sales. [p.18 · WI · 2026-03-27] |
Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.
Item 7 — Estimated initial investment (total)
Not disclosed – Not disclosed
Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.
Item 20 — Outlets
| Franchised outlets at start of year | 5,552 [p.62 · WI · 2026-03-27] |
|---|---|
| Franchised outlets at end of year | 5,546 [p.62 · WI · 2026-03-27] |
| Net change in franchised outlets | -6 [p.62 · WI · 2026-03-27] |
| Transfers | 113 [p.64 · WI · 2026-03-27] |
| Terminations | 3 [p.67 · WI · 2026-03-27] |
| Non-renewals | 15 [p.67 · WI · 2026-03-27] |
| Ceased operations (other) | Not disclosed |
| Company-owned outlets at end of year | 423 [p.62 · WI · 2026-03-27] |
Item 19 — Financial performance representation
Headline cohort
Non-Traditional Franchise Restaurants - Fuel (gas/c-store, highway plazas, travel centers) FY2025 · December 30, 2024 to December 28, 2025 (Fiscal Year 2025)
| Outlets in sample | Average | Median | High | Low |
|---|---|---|---|---|
| 235 [p.59 · WI · 2026-03-27] | $1,989,963 [p.59 · WI · 2026-03-27] | $1,884,963 [p.59 · WI · 2026-03-27] | $4,498,291 [p.59 · WI · 2026-03-27] | $547,352 [p.59 · WI · 2026-03-27] |
All disclosed cohorts (7)
| Cohort | Outlets | Average | Median | High | Low |
|---|---|---|---|---|---|
| Company Restaurants - U.S. Average Gross Sales FY2025 December 30, 2024 to December 28, 2025 (Fiscal Year 2025) |
367 [p.58 · WI · 2026-03-27] | Not disclosed | Not disclosed | $5,003,913 [p.58 · WI · 2026-03-27] | Not disclosed |
| Franchise Restaurants - U.S. Average Gross Sales FY2025 December 30, 2024 to December 28, 2025 (Fiscal Year 2025) |
5,347 [p.58 · WI · 2026-03-27] | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Non-Traditional Franchise Restaurants - Transportation (airports and ferry stations) FY2025 December 30, 2024 to December 28, 2025 (Fiscal Year 2025) |
Not disclosed | $3,781,004 [p.59 · WI · 2026-03-27] | $3,436,123 [p.59 · WI · 2026-03-27] | $7,726,390 [p.59 · WI · 2026-03-27] | $1,359,683 [p.59 · WI · 2026-03-27] |
| Non-Traditional Franchise Restaurants - Fuel (gas/c-store, highway plazas, travel centers) FY2025 December 30, 2024 to December 28, 2025 (Fiscal Year 2025) |
235 [p.59 · WI · 2026-03-27] | $1,989,963 [p.59 · WI · 2026-03-27] | $1,884,963 [p.59 · WI · 2026-03-27] | $4,498,291 [p.59 · WI · 2026-03-27] | $547,352 [p.59 · WI · 2026-03-27] |
| Non-Traditional Franchise Restaurants - Food Court (hospitals, malls, universities) FY2025 December 30, 2024 to December 28, 2025 (Fiscal Year 2025) |
Not disclosed | $1,526,443 [p.59 · WI · 2026-03-27] | $1,433,135 [p.59 · WI · 2026-03-27] | $2,820,455 [p.59 · WI · 2026-03-27] | $745,225 [p.59 · WI · 2026-03-27] |
| Non-Traditional Franchise Restaurants - Military (military bases) FY2025 December 30, 2024 to December 28, 2025 (Fiscal Year 2025) |
Not disclosed | $1,742,291 [p.59 · WI · 2026-03-27] | $1,832,426 [p.59 · WI · 2026-03-27] | $3,223,012 [p.59 · WI · 2026-03-27] | $391,533 [p.59 · WI · 2026-03-27] |
| Traditional Company Owned Restaurants - Gross Sales FY2025 fiscal year 2025 |
360 [p.60 · WI · 2026-03-27] | $2,259,654 [p.60 · WI · 2026-03-27] | $2,122,193 [p.60 · WI · 2026-03-27] | $5,021,485 [p.60 · WI · 2026-03-27] | $1,167,081 [p.60 · WI · 2026-03-27] |
“Some outlets have earned the amounts reflected in this item. Your individual results may vary. There are no assurances that you'll earn as much.” [p.57 · WI · 2026-03-27]
Extraction notes
- One or more Item 19 figures failed source verification and were removed.