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Arby’s Franchise Cost, Revenue & Review 2026

Quick-Service RestaurantsGAFranchising since 2015
BAbove averageAbove average69/100Editorial grade from public filings; not investment advice.
Investment
$869K – $2.5M
Disclosed sales
$1.3M
gross sales, not profit
SBA charge-off
18.2%
on 198 loans

Investment, fees, disclosed sales, units, SBA record and risk, as one PDF. Free; no spam; one click to unsubscribe.

FV-00168FDD 2026Data QualityExcellent91%
Manager-run OKYes: Protected territory

Data from FDD filing + SBA 7(a) records

Analysis by FranchiseVerdict Research · Methodology

Arby's is a quick-service chain known for roast beef and deli-style sandwiches. Franchisees operate restaurants handling food prep, drive-thru service, staffing, and local marketing under the brand's standards.

FranchiseVerdict summary · 2026

A Arby’s franchise requires a total initial investment of $869K – $2.5M, including a $19K – $38K franchise fee and an ongoing 4.0% royalty[2]. Per the 2026 FDD, average unit revenue was $1.3M[2]. SBA 7(a) loans show a 18.2% charge-off rate across 198 loans[1]. FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →

Sources, dates and evidence

FDD issued: · Data extracted: · Last cited check: · Staleness risk: low - issued within the last 12 months

Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored8 of 8 headline figures on this page cite a page of the filing.

Overview

Investment
$869K – $2.5M
90th pct Service Resta…
Avg gross sales
$1.3M
25th pct Service Resta…
Royalty
4.0%
3rd pct Service Resta…
Units
3,265
95th pct Service Resta…
SBA charge-off
18.2%
% of SBA 7(a) loans not repaid · median varies by category

Quick verdict · Quick-Service Restaurants · color = vs category peers

Total Investment
$869K – $2.5M
Median $486K
above median ↑, worse than category
Franchise Fee
$19K – $38K
Median $35K
below median ↓, better than category
Liquid Capital Req'd
$33K – $100K
Median $33K
above median ↑, worse than category
Avg Revenue
$1.3M
Median $975K
above median ↑, better than category
Royalty Rate
4.0%
Median 5.5%
below median ↓, better than category
Ongoing Fees
9.2% of rev
Median 7.5%
above median ↑, worse than category
SBA Charge-Off Rate
18.2%
198 loans · Median 14.3%
above median ↑, worse than category
System Size
3,265 units
Median 18 units
above median ↑, better than category
Turnover Rate
2.4%
Median 0.0%
Territory
Protected, not exclusive
Limits on the franchisor opening nearby; not an exclusive zone
Owner-Operator
Optional
Can hire a manager
Litigation
8 cases
Review carefully

Green = favorable by >10% vs Quick-Service Restaurants median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)

Data from public FDD filings and SBA records. Not financial advice. Methodology

Bottom line

  • COSTTotal investment $869K – $2.5M including a $38K franchise fee, 4.0% ongoing royalty.
  • RETURNSAverage unit revenue of $1.3M/year (median $1.2M).
  • RISKVerdict B (Above average), verdict score 69/100 (higher is better). SBA loan charge-off rate of 18.2% across 198 loans (above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
  • GROWTHPositive: net +58 franchised outlets in the latest year (136 opened, 78 closed) (Item 20).
  • SCALEEstablished system with 3,265 units across 11 years of franchising. Strong brand recognition and operational playbook.

Item 1 · who you're contracting with

The Franchisor

Corporate structure & franchisor financials
Legal entity
Arby's Franchisor, LLC
Parent company
Arby's Restaurant Group, Inc. (ARG)
FDD Item 1, page 11 of the 2026 FDD
Ultimate parent
Inspire Brands, Inc.
FDD Item 1, page 11 of the 2026 FDD
Predecessor
Arby's Restaurant Group, Inc.
Prior franchisor entity
CEO title
President and Board Member
David Graves
Incorporated in
DE
HQ
Three Glenlake Parkway NE, Atlanta, Georgia 30328
Auditor
KPMG LLP
Audited financials
Franchisor revenue
$186.1M
vs $191.7M prior year

Same owner · FDD Item 1, page 11

6 other brands on this site name Inspire Brands, Inc. as parent or ultimate parent in their own FDD.

Portfolio: Inspire Brands

Grouped by the owner's name as each filing prints it (this page: the 2026 FDD). Spelling variants of the same group may be listed apart; a brand is never grouped with an owner its filing does not name.

Overview

About

CEO
David Graves
Headquarters
GA
Founded
2015
FDD year
2026
States available
47

Can you afford it, and what does the money buy?

Entry cost runs 242% above the typical quick-service restaurants franchise.

Total investment (Item 7)$869K – $2.5MCited, not corroborated — printed on page 40 of the 2026 FDD. Nothing else in our record independently restates or re-derives it.
Franchise fee$37,500Cited, not corroborated — printed on page 39 of the 2026 FDD (Item 7). Nothing else in our record independently restates or re-derives it.
Royalty4.0%Cited, not corroborated — printed on page 31 of the 2026 FDD. Nothing else in our record independently restates or re-derives it.
Ad fund5.0%Cited, not corroborated — printed on page 32 of the 2026 FDD (Item 6). Nothing else in our record independently restates or re-derives it.
Working capital$33K – $100K

Source: FDD 2026 · Items 5–7

Full Item 7 breakdown19 line items

Initial investment breakdown

Item 7 initial investment line items
Line itemLowHigh
Development Fee$6K$13K
Franchise Fee$0$38K
Fees and Expenses During Training$10K$25K
Lease Deposits and Payments$12K$50K
Site Costs$0$451K
Landscaping$0$45K
Civil & Architectural Drawings / Professional Fees$40K$152K
Zoning / Permitting Costs$1K$112K
Building Costs$400K$850K
Equipment$225K$325K
Computer Hardware and Software / POS$32K$55K
Decor Package$11K$35K
Signage & Drive Thru$44K$88K
Pre-Opening Wages$21K$41K
Opening Inventory$18K$26K
Insurance$10K$16K
Working Capital / Additional Funds$33K$100K
Rent (one month)$4K$10K
Business Licenses, Health Permits, Utilities Deposits$1K$25K
Total initial investment$869K$2.5M

Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.

Item 7 · what it costs to open + operate

The Vitals

Total investment
$869K – $2.5M
Bottom third — review vs category
Liquid capital req'd
$33K – $100K
Bottom third — review vs category
Franchise fee
$19K – $38K
Middle of category vs category
Royalty
4.0%
typical 6–8%
Ad fund
5.0%
typical 3–5%
Total fee load
9.2%
vs 9–13% typical

Ongoing fees · Item 6

Arby’s: Item 6 recurring fees
FeeAmount
Royalty4.0% of gross sales
Marketing / ad fund5.0% of gross sales
Technology fee$62
Training fee$2K
Transfer fee$18K
Renewal fee$4K
Inventory (initial)$18K – $26K
Total fee load9.2% of rev

What do units actually make?

Average unit sales run 31% above the quick-service restaurants norm.

Avg gross sales$1.3MCited, not corroborated — printed on page 72 of the 2026 FDD. Nothing else in our record independently restates or re-derives it.
Median gross sales$1.2MCited, not corroborated — printed on page 72 of the 2026 FDD. Nothing else in our record independently restates or re-derives it.
Item 19 typegross sales
Sample size2,182 outlets

Source: FDD 2026 · Item 19

Single-unit · not modelled

Returns at a glance

An FDD discloses gross sales, not profit, and the operating costs that turn one into the other are in no filing. We publish no modelled return for Arby’s until someone supplies them — yours, in the models below.

—

Not modelled yet

An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.

Total invested capital · disclosed

$1.7M

Item 7 initial investment plus working capital, as filed — the one figure here that needs no assumption.

ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Blue values = direct from FDD (Item 7 investment, Item 19 revenue, Item 6 fees)Not set = no filing supplies it and we will not substitute one. Enter your own

What one unit earns on your invested capital

Model A · Single-Unit Return

Computes unlevered return on invested capital (ROIC) for a single franchise unit, read against the 30–60% reference band · Yale SOM, Post-MBA Path Exhibit 2 (2023). Below that band a passive index fund likely outperforms; above it the franchisor has pricing power you're subsidizing.

Note: Item 19 revenue is what the franchisor discloses, and it is the top line only — gross sales are not profit. No FDD discloses the operating costs that turn one into the other, so those fields start empty and nothing is modelled until you supply them from your own lease quote, labor market and build-out budget.

Returns model · single-unit ROIC

What would one Arby’s unit return on the cash you put in?

From FDDNot set — you supply itYou overrode an FDD value
Revenue · per unit, per yearFDD
FDD Item 19 reports $1,274,787 per unit
Franchisor take · royalty + ad fundFDD
typ 6–8%
typ 3–5%
Operating costs · not in any FDDnot set

Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.

Total invested capital · what you put in to openFDD
FDD Item 7: $869K–$2.5M (midpoint used)
FDD reports $33K–$100K

Unlevered ROIC · per unit

Your modelled return on total invested capital, before any debt financing.

—

An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.


Store EBITDA · annual
—
EBITDA margin
—
Total invested
$1.7M
Payback
—
Single-unit only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even point.

What 25 units return when you use SBA financing

Model B · Return on Equity: Debt-Financed Acquisition

Models a 25-unit portfolio acquisition financed with an SBA 7(a) loan. Shows equity IRR (your return on cash invested), DSCR (how safely the cash flow covers debt service), and the capital stack (SBA + seller + equity breakdown).

This is the “search fund” or “entrepreneurship through acquisition” scenario: you buy an existing multi-unit operator, use leverage to amplify returns, and either operate or hire management. The 25-unit size is the typical minimum for an SBA-backed franchise portfolio acquisition to pencil as a full-time income.

What “return on equity” means here: if you put in $500K of your own cash and the business generates enough EBITDA to pay down debt and grow, your equity IRR is the annual return on that $500K, including the value created when you eventually sell. Target IRR for a search fund is typically 25–35%.

Not modelled yet

An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.

A 25-unit return is built on a per-unit EBITDA. Fill in the operating costs in Model A above and this model runs on that figure, or take the whole scenario to the full ROI workbench, where the portfolio and LBO models accept your own per-unit economics directly.

These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.

Item 19 · Source: 2026 FDD

Financial Performance

Avg gross sales
$1.3M
Per unit, per year
Median gross sales
$1.2M

Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.

Item 19 type
gross sales
Sample size
2,182 outlets
vs category median 19 · large
Range (low → high)
$390K→$4.0MCited, not corroborated — printed on page 72 of the 2026 FDD. Nothing else in our record independently restates or re-derives it.
Cohort dispersion (min → max)
Quartile band
$809K→$1.9M
Bottom 25% → top 25%
Reporting year
2025
Fiscal year the figures cover
Source filing
FDD 2026
Disclosed in the 2026 filing, covering 2025
Transparency
4 / 10
vs category median 4 / 10 · typical
Gross sales rank25th
Item 19 reporting methods vary across brands
Investment cost rank90th
Lower investment ranks lower (better)
Royalty rate rank3th
Lower royalty = lower percentile (better)
Unit count rank95th
vs Quick-Service Restaurants peers
Risk score rank18th
Lower risk = lower percentile (better)

Compared against 781 Quick-Service Restaurants brands

Showing the headline figures — all 164 extracted fields are in the Full FDD Report · $19 →
Revenue insight

Revenue is only 0.8x the investment. This means each unit may take 5+ years to recoup the initial outlay at typical margins.

Operator outlook

What the numbers say

Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.

Unit economics

Average unit generates $1.3M/year in gross sales. Revenue-to-investment ratio: 0.8x.

Fee burden

Total ongoing fee load of 9.2% — above the Quick-Service Restaurants median of 7.5%.

Disclosure

Transparency score 4/10 — this franchisor discloses detailed breakdowns (quartiles, segments, or cohort data). Buyers can model unit economics with higher confidence.

Operator retention

System roughly stable (+1.2% 3-year CAGR) with 3,265 units.

Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.

vs Quick-Service Restaurants medians

How Arby’s Compares

Metric
Arby’s
Category median
vs median
Investment
$1.7M
$486Kmiddle half $342K–$748K · n=780
Above median, worse than category
Revenue
$1.3M
$975Kmiddle half $664K–$1.4M · n=284
Above median, better than category
Unit Count
3,265
18middle half 5–79 · n=755
Above median, better than category

Category median of published Quick-Service Restaurants brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.

Is the system healthy?

Total units3,265Verified — printed on page 74 of the 2026 FDD (Item 20), and the table's own arithmetic closes on it three ways.
3-yr growth+1.2% (favorable vs category)
Turnover rate2.4% (favorable vs category)

Source: FDD 2026 · Item 20

Unit growth

Item 20 · unit dynamics

The Growth Chart

Total units
3,265
Opened
136
Last reporting year
Closed
78
Terminated
0
Franchisor ended the franchise (per Item 20)
Non-renewed
8
Term expired, not renewed (per Item 20)
Turnover rate
2.4%
Company-owned
921
Corporate units in the system
% franchised
72%
vs corporate-owned
Net growth (3-yr)
+1.2%
Net unit change over 3 years
3-yr CAGR
+1.2%
Compounded over last 3 years

Last fiscal year · Item 20 exits and transfers

Terminated
0
Not renewed
8
Transferred
57
Reacquired
0
Franchisor bought back
Projected new
11
Franchisor's next-year forecast
Transfer rate
2.8%
Owners selling to other franchisees
Continuity rate
96.8%
Units that stayed open
Termination rate
7.1%
Franchisor-initiated terminations
Ceased ops
3.5%
Units that stopped operating
2023
2,316
Franchised units
2024
2,286-30
Franchised units
2025
2,344+58
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 47 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Active operators · 47 states
No contacts on file

States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.

Available to sell in · Item 12

  • Michigan

States where the franchisor is registered to sell new franchises (FDD registration filings).

Where the owners are · Item 20 owner list

2,368 current owners across 47 states.

  • OH 158
  • TX 147
  • NC 129
  • FL 114
  • IL 109
  • MO 89
  • OK 88
  • WI 87
  • MI 81
  • CA 76
  • CO 69
  • IN 69
  • +35 more states

Counts only, from the list the franchisor prints in Item 20. Names and phone numbers are for your own due diligence and are not shown here.

SBA loan performance

Government records

SBA Loan Data

Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.

C
SBA Lending Health
Average SBA lending record · 18.2% charge-off
Total loans
198
Loan volume
$122.5M
Median loan
$493K
50th percentile
Charge-off rate
18.2%
on 198 loans · rates vary by category · see methodology

Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated

Repayment rate (PIF)
81.8%
5-yr charge-off
0.0%
Loans approved 2021+
Active lenders
73
Defaults
33
Typical loan rate
6.0%
avg rate to borrowers
vs industry
N/A
NAICS 7222
Jobs supported
4,513
3.7 per loan
Lender concentration
15%
top lender's share

Borrower mix: 25% went to startups / new businesses, 75% to established operators

Vintage analysis

Arby’s charge-off rate by loan vintage

BrandNational avg
Arby’s charge-off rate by loan vintage. Showing 21 vintages from 1992 to 2018. Rates range from 0.0% to 75.0%.0%5%10%15%20%25%30%35%40%45%50%55%60%65%70%75%'92'97'02'10'18

Top lenders financing Arby’s franchisees

Wells Fargo Bank National Association29 loans—
First Bank14 loans—
Readycap Lending, LLC13 loans—

Showing 3 of 73 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.

Explore lender portfolios on Bank Reports or regional data on State Reports.

Total loans
91
Loan volume
$49.3M
Charge-off rate
15.6%
Jobs created
2,356

Historical SBA 504 lending data via CDCs, not predictive of future performance.

Explore lender portfolios on Bank Reports or regional data on State Reports.

Lender network · 7(a) + 504

SBA Lending Report

Full lending analysis for Arby’s from SBA 7(a) FOIA data.

Principal loss rate
11.6%
Avg SBA guarantee
75%
Avg interest rate
6.05%
Avg chargeoff amount
$432K
Lender concentration
14.7%
Job velocity
3.7 per $100K
Startup risk premium
-12.5pp
Jobs supported
4,513

Top SBA lendersTop lender holds 15% of loans

#LenderLoansVolumeDefault %
129N/AN/A
214N/AN/A
313N/AN/A
411N/AN/A
57N/AN/A

Geographic failure vector

StateLoansDefaultsRate
CACalifornia31625.0%
OHOhio1900.0%
TXTexas17847.1%
FLFlorida14214.3%
PAPennsylvania13215.4%
NYNew York1219.1%
MIMichigan10111.1%
WAWashington9225.0%
INIndiana700.0%
AZArizona6233.3%

SBA 7(a) lending trend

1992
15
1993
14
1994
18
1995
15
1996
8
1997
3
1998
3
1999
3
2000
5
2001
6
2002
9
2003
4
2004
2
2005
1
2006
8
2007
3
2008
15
2009
5
2010
8
2011
5
2012
2
2013
2
2014
2
2015
6
2016
6
2017
6
2018
5
2019
2
2020
3
2021
5
2022
3
2023
1
2024
2
2025
2
2026
1

Borrower profile

Existing (2+ yr)12 (50%)
Startup5 (21%)
Established (5+ yr)3 (13%)
Ownership change2 (8%)
Unanswered1 (4%)
New (< 2 yr)1 (4%)

Source: SBA 7(a) + 504 FOIA loan-level data, matched by FranchiseVerdict

What could kill this investment?

SBA loans charge off at 18.2% — 14% above the 16.0% national norm, i.e. higher lender-observed risk.

SBA charge-off18.2% · 198 loans
Verdict score69/100 (higher is better)
Litigation8 cases
Auditor going-concern doubtNo (favorable vs category)

Source: SBA 7(a) FOIA · FDD Items 3, 21

Risk analysis

FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21

Risk & Legal

BAbove average69Verdict score 69/100

Arby's presents moderate-to-cautionary risk due to stagnant growth, material litigation affecting brand reputation, opaque profitability disclosure, and elevated royalty burdens on a $1.27M revenue base.

High confidence±4 pts
6573

Bankruptcy (Item 4)

None disclosed

Audited financials (Item 21)

Yes · KPMG LLP

Franchisor revenue (Item 21)

Yr 1: $186.1MYr 2: $191.7MNon-royalty: $5.6M

Franchisor entity revenue (not unit-level)

Consolidated total revenues of Arby's Franchisor, LLC and Subsidiary for fiscal year ended December 28, 2025 (in thousands), comprising franchise fees and royalty revenues of $112,018K, franchise fees and royalty revenues from affiliates of $68,542K, and other revenues of $5,559K. Audited by KPMG LLP.

ⓘ These are the parent company's consolidated financials (the parent guarantees the franchisor), not this brand's standalone results — the figure reflects the whole corporate group, not this brand alone.

Supplier relationship · Items 8 & 16

  • Franchisor sells you products: Yes
  • Kickbacks from required suppliers: Yes
  • Must buy proprietary products: Yes
  • Restricted to system-approved products: Yes
  • Can negotiate own supplier terms: No

Score breakdown · what drove the 69 / 100 verdict

  1. 01MINORSlow unit growth of only 2.5% YoY suggests market saturation or franchisee underperformance in mature system
  2. 02MINORMultiple class action lawsuits regarding product misrepresentation (meat quantity/wagyu content) and data security breaches damage brand reputation and consumer trust
  3. 03MEDNo disclosed average net income despite $1.27M average revenue creates opacity around actual franchisee profitability and ROI
  4. 04MEDHigh royalty rates (4-6.2%) combined with undisclosed net margins make it difficult to validate ROI on $651k-$2.45M investment
  5. 05MINORNo-poaching litigation and multi-state settlements indicate hostile franchisor-franchisee relations and potential labor recruitment restrictions

Severity inferred from the FDD text · not a regulatory classification

Showing the headline figures — all 164 extracted fields are in the Full FDD Report · $19 →

Full litigation history from the FDD (Items 3 and 4) →

Litigation case detail8 matters · Item 3

Litigation cases

Parent, affiliates and predecessor

Concluded (8)

  • Joseph Alongis v. Arby’s Restaurant Group, Inc.

    settled

    Third-party plaintiff · Arby’s Restaurant Group, Inc. (ARG) · filed 2023-09-05 · United States District Court, Eastern District of New York · 23-cv-6593

    “Joseph Alongis v. Arby’s Restaurant Group, Inc. (United States District Court, Eastern District of New York, Case No. 23-cv-6593, filed September 5, 2023). Plaintiff, Joseph Alongis (“Plaintiff”), filed a putative class action against ARG alleging that ARG misrepresented the quantity and quality of meat in an Arby’s sandwich in the photographs it uses in advertisements of certain products.”Page 24 of the 2026 FDD, Item 3

    Outcome:“On December 29, 2025, the parties entered into a Confidential Settlement Agreement and Release wherein ARG and Inspire Brands, Inc. agreed to pay Plaintiff a total gross settlement of $625,000 in exchange for a dismissal 17 Arby’s | 2026 FDD 1625640323.4 of the pending action and a release by Plaintiff.”

  • Jason Jaghori v. Arby’s Restaurant Group, Inc. and Inspire Brands, Inc.

    settled

    Third-party plaintiff · Arby’s Restaurant Group, Inc. (ARG) and Inspire Brands, Inc. · filed 2022-07-07 · United States District Court, Southern District of New York · 1:22-cv-05806

    “Jason Jaghori v. Arby’s Restaurant Group, Inc. and Inspire Brands, Inc. (United States District Court, Southern District of New York, Case No. 1:22-cv-05806, filed July 7, 2022). Plaintiff, Jason Jaghori (“Plaintiff”), filed a Class Action Complaint alleging Defendants, Arby’s Restaurant Group, Inc. and Inspire Brands, Inc. (“Defendants”) engaged in “false and deceptive practices in the marketing”Page 25 of the 2026 FDD, Item 3

    Outcome:“In the Settlement Agreement, Defendants agreed to pay Plaintiff and Additional Claimant a total gross settlement amount of $155,000 in exchange for a dismissal of the pending action and a release by Plaintiff and Additional Claimant.”

  • New York v. Dunkin’ Brands, Inc.

    concluded

    Government or regulatory action · Dunkin’ Brands, Inc. (DBI) · filed 2019-09-26 · N.Y. Supreme Court for New York County · 451787/2019

    “New York v. Dunkin’ Brands, Inc. (N.Y. Supreme Court for New York County, Case No. 451787/2019, filed September 26, 2019). In this matter, the N.Y. Attorney General (“NYAG”) filed a lawsuit against our affiliate, DBI, related to credential-stuffing cyberattacks during 2015 and 2018.”Page 28 of the 2026 FDD, Item 3

    Outcome:“Under the consent order, DBI agreed to pay $650,000 in penalties and costs, issue certain notices and other types of communications to New York customers, and maintain a comprehensive information security program through September 2026, including precautions and response measures for credential-stuffing attacks.”

  • The People of the State of California v. Arby’s Restaurant Group, Inc.

    settled

    Government or regulatory action · Arby’s Restaurant Group, Inc. (ARG) · filed 2019-03-19 · California Superior Court, Los Angeles County · 19STCV09397

    “The People of the State of California v. Arby’s Restaurant Group, Inc. (California Superior Court, Los Angeles County, Case No. 19STCV09397, filed March 19, 2019). On March 11, 2019, ARG entered into a settlement agreement with the states of Massachusetts, California, Illinois, Iowa, Maryland, Minnesota, New Jersey, New York, North Carolina, Oregon and Pennsylvania.”Page 27 of the 2026 FDD, Item 3
  • The People of the State of California v. Dunkin’ Brands, Inc.

    settled

    Government or regulatory action · Dunkin’ Brands, Inc. (DBI) · filed 2019-03-19 · California Superior Court, Los Angeles County · 19STCV09597

    “The People of the State of California v. Dunkin’ Brands, Inc. (California Superior Court, Los Angeles County, Case No. 19STCV09597, filed on March 19, 2019.) On March 14, 2019, our affiliate, Dunkin Brands, Inc. (“DBI”), entered into a settlement agreement with the Attorneys General of 13 states and jurisdictions concerning the inclusion of “no-poaching” provisions in Dunkin’ restaurant franchise”Page 27 of the 2026 FDD, Item 3
  • In re: Arby’s Restaurant Group, Inc. Data Security Litigation, Case No. 1:17-cv-1035-AT (Consolidated Consumer Case)

    settled

    Third-party plaintiff · Arby’s Restaurant Group, Inc. (ARG) · filed 2017-03-22 · United States District Court, Northern District of Georgia, Atlanta Division · 1:17-cv-1035-AT (member cases 1:17-cv-1035-AT Weiss; 1:17-cv-1529-AT Russell)

    “In re: Arby’s Restaurant Group, Inc. Data Security Litigation, Case No. 1:17-cv-1035-AT (Consolidated Consumer Case) Jacqueline Weiss and Joseph Weiss, individually and on behalf of all others similarly situated v. Arby’s Restaurant Group, Inc. (United States District Court, Northern District of Georgia, Atlanta Division, Case No. 1:17-cv-1035-AT, filed March 22, 2017).”Page 25 of the 2026 FDD, Item 3
  • In re: Arby’s Restaurant Group, Inc. Data Security Litigation, Case No. 1:17-cv-514-AT (Consolidated Financial Institution Case)

    settled

    Third-party plaintiff · Arby’s Restaurant Group, Inc. (ARG) · filed 2017 · United States District Court, Northern District of Georgia, Atlanta Division · 1:17-cv-514-AT (7 member credit-union cases)

    “In re: Arby’s Restaurant Group, Inc. Data Security Litigation, Case No. 1:17-cv-514-AT (Consolidated Financial Institution Case) Alcoa Cmty. Fed. Credit Union v. Arby’s Restaurant Group, Inc. (United States District Court, Northern District of Georgia, Atlanta Division, Case No. 1:17-cv-00718-WSD, filed Feb. 27, 2017).”Page 26 of the 2026 FDD, Item 3
  • In the Matter of Jimmy John’s Franchisor SPV LLC

    concluded

    Government or regulatory action · Jimmy John’s Franchisor SPV LLC (JJF) · Securities Commissioner of Maryland · 2025-0122

    “In the Matter of Jimmy John’s Franchisor SPV LLC (Securities Commissioner of Maryland, Case No. 2025-0122). On March 28, 2022, JJF filed a Franchise Disclosure Document (FDD) with the Maryland Securities Division as part of a notice of exemption from franchise registration. In this filing, JJF listed the former franchisees but omitted the required contact information for the majority of those”Page 28 of the 2026 FDD, Item 3

    Outcome:“Under the terms of the Consent Order, JJF agreed to pay a $30,000 civil monetary penalty, to permanently cease and desist from the offer or sale of franchises in violation of the Maryland Franchise Law, and to disclose the existence of the Consent Order in future franchise disclosure documents.”

Item 3 lists the litigation the franchisor must disclose; a matter against a parent, an affiliate or a named officer is not a matter against the franchisor, and pending claims are allegations, not findings.

What are you signing up for?

Ongoing fees run about 9.2% of sales (royalty + ad fund), before rent and labor.

Initial term20 yrs
Renewal term20 yrs
TerritoryProtected, not exclusive
Initial training336 hrs

Source: FDD 2026 · Items 11, 12, 17

FDD Items 12, 15, 17 · continued from Risk & Legal

Contract & Territory Detail

Initial term20 years
Renewal term20 years
Allowed renewalsℹ1
Territory typeProtected territory
Protected territoryYes
Exclusive territoryℹNo
Territory radius1 mi
Online sales rightsℹGranted
Franchisor can competeYes
Hire a manager?Allowed
Owner-operatorOptional
Non-compete (years)ℹ1 year
Right of first refusalℹYes
Transfer requires consentYes
Termination notice30 days
Termination groundsℹ2
Curable defaultsℹ3
Mandatory arbitrationNo
Jury trial waiverNo
Governing lawGA
Litigation count8

Items 10, 11

Training & Operations

Classroom training
0 hrs
On-the-job training
336 hrs
Training location
Designated Arby's Restaurant
Ongoing training
Required
Time to open
3 mo
From signing to launch
Site selection
Franchisee with franchisor approval
Franchisor financing
Not offered
Item 10
POS system
PAR Brink
Operating tech stack

Items 5 & 11

Franchisor Support

✓Site selection assistance
✓Grand opening support
✓Lease negotiation help

Technology: PAR Brink

Item 20 · call current owners

Franchisee Contacts

2,368 owners to call

Name · phone · city · state. Extracted from FDD Item 20

Unlock 2,368 contacts · $49
Free preview
303-925-••••CO
Unlock all 2,368 contacts
405-721-••••OK
520-886-••••AZ
304-884-••••WV
319-824-••••IA

Frequently asked questions

Frequently Asked Questions

How much does it cost to open a Arby’s franchise?

The total investment to open a Arby’s franchise ranges from $869K – $2.5M, with an initial franchise fee of $38K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).

What do Arby’s franchise owners earn?

According to Item 19 of the Arby’s FDD, the average gross sales per unit is $1.3M. The median is $1.2M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.

Who owns Arby’s?

Arby’s is franchised by Arby's Franchisor, LLC. Its parent company is Arby's Restaurant Group, Inc. (ARG). The ultimate parent named in the FDD is Inspire Brands, Inc.. Source: FDD Item 1, 2026 filing.

What is Item 19 in the Arby’s FDD?

The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Arby’s FDD and qualifies whose outlets they describe.

What is Arby’s's franchise failure rate?

Based on SBA 7(a) loan data, Arby’s has a charge-off rate of 18.2% across 198 loans, meaning 18.2% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.

How many Arby’s franchise locations are there?

As of their most recent FDD filing, Arby’s has 3,265 total units in the United States, including 2,344 franchised units and 921 company-owned units. 136 new units were opened in the latest reporting year.

Is Arby’s a good franchise to buy?

FranchiseVerdict rates Arby’s as a B-grade franchise with a verdict score of 69 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.

Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.

For franchisors

Are you the franchisor?

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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.