A&W vs Swig
Franchise Comparison 2026
Both A&W and Swig are quick-service restaurants franchises. A&W requires an investment of $894K – $1.6M while Swig requires $559K – $2.0M. In terms of revenue, Swig reports higher average unit revenue at $1.4M. A&W has SBA lending data on file with a 17.1% charge-off rate. FranchiseVerdict rates A&W B (Above average) and Swig B (Above average).
| Metric | A&W | Swig |
|---|---|---|
| Verdict Grade | BAbove average | BAbove average |
| Investment Range | $894K – $1.6M | $559K – $2.0M |
| Franchise Fee | $30K | $40K |
| Royalty Rate | 5.0% | 7.0% |
| Average Revenue (Item 19) | $1.3M | $1.4M |
| SBA Charge-Off Rate | 17.1% (97 loans) | Limited data |
| Total Units | 409 | 142 |
| Unit Growth (YoY) | -21 units | +24 units |
| Year Began Franchising | N/A | 2022 |
| FDD Year | 2026 | 2026 |
Investment Range
$894K – $1.6M
$559K – $2.0M
Franchise Fee
$30K
$40K
Royalty Rate
5.0%
7.0%
Average Revenue (Item 19)
$1.3M
$1.4M
SBA Charge-Off Rate
17.1% (97 loans)
Limited data
Total Units
409
142
Unit Growth (YoY)
-21 units
+24 units
Year Began Franchising
N/A
2022
FDD Year
2026
2026