The franchisee will operate a Wendy’s quick-service restaurant which offers a limited menu of prepared to order food, including hamburgers, chicken sandwiches and complementary items.
Company Background
Wendy's is a chain of fast-food restaurants that was founded in 1969 by Dave Thomas. The company has more than 6,500 locations worldwide and serves over two billion customers each year in its different restaurant formats. Wendy's offers both counter service and drive thru options for its customers. The franchisee will operate the Wendy's Restaurant which offers a limited menu of prepared to order food including hamburgers, chicken sandwiches, breakfast sandwiches, and complementary items.
Franchise Opportunity
You're looking for a quick, affordable meal and you don't want to spend a lot of time waiting in line. It seems like every restaurant these days has a long wait time. You don't have time to waste standing in line. Wendy's is the answer. We offer a limited menu of prepared-to-order food that will satisfy your hunger without breaking the bank.
Corporate Structure
Quality Is Our Recipe, LLC is a Delaware limited liability company formed in April 2015. Quality does business and intends to do business under the names “Wendy’s” and “Wendy’s Old Fashioned Hamburgers.” Quality’s principal business address is One Dave Thomas Boulevard, Dublin, Ohio 43017. One of their predecessors and intermediate corporate parents is Wendy’s International, LLC, an Ohio limited liability company which has been doing business since November, 1969, when it opened its first Wendy’s Restaurant in Columbus, Ohio.
Royalties and Marketing Fees
Royalties : 4% of Gross Sales
Royalties : 3.50% of Gross Sales
Royalties : .50% of Gross Sales
Earnings Transparency
7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
This franchise's rate of attrition in 2020
of 1.22%
was
Slightly Lower
than the 5% in the QSR industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Franchise Types Available
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Type
Investment
Fees
Employee Contact Database
#
Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
Distribution of Wendy's Franchisees
Wendy's Franchise System Development in 2020
FAQ
How much investment do I need to start my own Wendy's business?
Franchisees typically require at least
$227,875 to
$3,693,000 investment to get their
Wendy's business started
What are the initial franchise fees for Wendy's?
Franchisees typically need to pay at least
$0 in fees directly to
Wendy's in order to earn the right to launch their business
How much money can I make with a Wendy's franchise? What are
the average revenues for a typical Wendy's business?
We estimate that the average revenue of an individual
Wendy's unit is approximately
$1,750,838. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Wendy's unit? What
is my contractual commitment?
Wendy's franchisees are typically required to sign up to a
20 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
1 /10
The Franchisor's investment costs ranges from
$227,875 to $679,027
which is
Much Lower
than the $619,545 to $1,693,635 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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