Wendy’s is an international fast food restaurant chain founded by Dave Thomas on November 15, 1969, in Columbus, Ohio, United States. As of 2016, Wendy’s was the world’s third largest hamburger fast food chain with 6,537 locations, following Burger King and McDonald’s. On April 24, 2008, the company announced a merger with Triarc Companies Inc., a publicly traded company and the parent company of Arby’s.
Despite the new ownership, Wendy’s headquarters remained in Dublin. Following the merger, Triarc became known as Wendy’s/Arby’s Group, and later as The Wendel Companies. As of January 2, 2019, there were a total of 6,711 locations worldwide.
How much does a Wendy’s franchise cost?
The cost of a Wendy’s franchise can vary depending on several factors. The initial investment ranges from $955,900 to $2.3 million.
The franchise fee is $40,000. To open a Wendy’s restaurant, you’ll need between $500,000 and $1 million in liquid assets.
Conclusion:
Overall, the cost of a Wendy’s franchise can be quite expensive. However, if you have the necessary assets and are prepared to make the initial investment, it can be a great way to get involved in the fast food industry.
