[ FROM THE FDD ]

Wendy's Item 20 shows a net decrease of 97 in its total unit count, franchised and company-owned, over the last reported year. Item 20 breaks the changes down by terminations, non-renewals, reacquisitions, ceased operations and transfers.

Source: FDD Item 20

[ VERIFIED // FDD 2025 ]

Wendy's

Report based on the 2025 FDD, issued March 28, 2025, as amended July 23, 2025.2025 FDD · not the current year

For Wendy's, the 2025 FDD estimates a total initial investment of $1,523,957 to $2,992,000 (Item 7).

Verified: Sep 25, 2026

3 RED FLAGS DETECTED
0/100
MURK SCORE
FRANCHISE SONAR MURK SCORE: MODERATE(our band for scores 2 to 39)

Does Wendy's Have Franchise Litigation?

Litigation detected: 5 concluded, affiliate government order, affiliate class action.

[ FULL LITIGATION ANALYSIS LOCKED ]

Don't sign without reading this

How Much Does a Wendy's Franchise Cost?

Royalty RateInitial InvestmentTotal UnitsNet Growth (1Y)

4.0%

variable

$1.5M to $3.0M

5,933

-97

Source: FDD Items 6, 7, 20

VERIFIED // CHECKED AGAINST THE FDD

What Does Wendy's Item 19 Disclose About Earnings?

[ EARNINGS DATA LOCKED ]

Item 19 figures, each with the group it covers and its FDD page

[ RISK_ALERT ]

We found 3 red flags in Wendy's FDD.

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This report covers the 2025 FDD (issued March 28, 2025, as amended July 23, 2025).

A 2026 FDD may exist that we don't have yet.

We found 3 red flags in Wendy's FDD.

Don’t sign the franchise agreement without this.

Essential Scan

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[ FREQUENTLY ASKED QUESTIONS ]

Franchise Sonar provides independent analysis of franchise disclosure documents (FDDs) filed with state regulators. This is for informational purposes only and is NOT investment advice. Data extracted using automated technology; verify all financial information directly in the official FDD before making decisions. Murk Score measures disclosure completeness, not franchise quality. Wendy's is a trademark of its respective owner. Franchise Sonar is not affiliated with, endorsed by, or associated with Wendy's.

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0/100
MURK SCORE
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1,041
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4.0%
Franchise Fee
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0/100
MURK SCORE
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Royalty
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Franchise Fee
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1 red flag
0/100
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Investment
$2.6M to $3.8M
Units
813
Royalty
4.0%
Franchise Fee
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