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FranchiseVerdict

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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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Focus by buyer type

Brand
TOGO'S logoBAbove average
TOGO'S
Quick-Service Restaurants
 Remove
RAKKAN Ramen logoAStrongest tier
RAKKAN Ramen
Quick-Service Restaurants
 Remove
Sub Station II logoCAverage
Sub Station II
Quick-Service Restaurants
 Remove
Vitals
Investment range
$529K – $715K
$380K – $865K
$318K – $926K
Liquid capital
$14K – $28K
$9K – $25K
$35K – $70K
Franchise fee
$50K
$20K
$20K
Royalty rate
5.0%
5.0%
5.0%
Ad fund rate
3.0%
1.0%
2.0%
Performance
Avg gross sales
$715KOutlet subset
N/A
$600KNet sales
Median gross sales
$685KOutlet subset
N/A
$572K
Avg owner earnings
Metric varies by brand. Check type below
$151K
N/A
N/A
Earnings metric
EBITDA (4-Wall) 151,059 14.5%
Not classified
Not classified
Risk
Rating
BAbove average
AStrongest tier
CAverage
Verdict score
56 / 100
78 / 100
40 / 100
SBA charge-off rate
17.4%
N/A
30.0%
SBA loans on record
23
N/A
13
Scale
Total units
150
15
35
Net change (latest yr)
N/A
N/A
N/A
Turnover rate
9.1%
0.0%
0.0%
Contract
Initial term (years)
10
10
10
Renewal term (years)
10
5
10
Initial training (hrs)
176
95
150
Contacts
Franchisee phones
25
14
33

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