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3 brands side-by-side

Compare up to 4 brands side by side

indicates the clear winner per row. Ties and missing data are not highlighted.

How winners are chosen

Lower is better for investment, liquid capital, franchise fee, royalty and ad-fund rates, SBA charge-off rate, and owner turnover.

Higher is better for disclosed revenue and owner earnings, verdict score, total units, net unit growth, and franchisee contacts. For the letter grade, A ranks highest.

A row is highlighted only when one brand clearly leads. Ties are never highlighted, and missing data never counts as a win. Some rows (earnings-metric type, loan counts, contract terms) are informational and have no winner.

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These brands report different earnings metrics (EBITDAR9, Average Annual Gross Sales). Financial figures may not be directly comparable.

Focus by buyer type

Brand	AStrongest tier Carl's Jr. Quick-Service Restaurants Remove	AStrongest tier Wendy's Quick-Service Restaurants Remove	AStrongest tier Farmer Boys Quick-Service Restaurants Remove
Vitals
Investment range	$1.5M – $3.2M	$1.6M – $3.1M	$1.6M – $3.2M
Liquid capital	$160K – $250K	$88K – $163K	$69K – $149K
Franchise fee	$25K	$50K	$45K
Royalty rate	4.0%	4.0%	5.0%
Ad fund rate	6.0%	N/A	3.0%
Performance
Avg gross sales	$1.4M	$2.0M	$2.4MNet sales
Median gross sales	$1.3M	$1.9M	$2.3M
Avg owner earnings Metric varies by brand. Check type below	$372K	N/A	N/A
Earnings metric	EBITDAR9	Average Annual Gross Sales	Not classified
Risk
Rating	AStrongest tier	AStrongest tier	AStrongest tier
Verdict score	76 / 100	79 / 100	65 / 100
SBA charge-off rate	0.0%	0.8%	10.0%
SBA loans on record	34	200	20
Scale
Total units	1,063	5,969	102
Net change (latest yr)	N/A	N/A	N/A
Turnover rate	1.4%	N/A	0.0%
Contract
Initial term (years)	20	20	20
Renewal term (years)	10	20	10
Initial training (hrs)	328	540	540
Contacts
Franchisee phones	1,009	5,958	98

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