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Updated RecentlyWendy's Franchise
Hamburgers, Fast Food
Wendy's is a chain of fast food restaurants based in Dublin, Ohio and owned by the United States corporation Wendy's International, Inc. There are over 6,600 Wendy's restaurants worldwide.
The chain is famous for its chili. Also, it is known for its Frosty dairy desserts, the fact that their burgers are square, its fresh and never frozen ground beef, and its making of all sandwich items to order. Unlike most fast food chains, Wendy's historically did not serve breakfast, except for stores in Puerto Rico. Wendy's tried serving breakfast in the mid-1980s, but the endeavor quickly failed. However, they have reformulated their breakfast menu recently and are now serving breakfast in many locations.
Wendy's was founded by Dave Thomas in 1969 and named after his 8-year old daughter, Melinda, who had the nickname of "Wendy." The corporate headquarters is located in Dublin, Ohio. The first Wendy's restaurant was opened in Columbus, Ohio on November 15, 1969, and grew rapidly to open over 3,000 stores by 1985. However, by the mid-1980s some Wendy's restaurants became underperforming and closed. By 1989, Dave Thomas came out of retirement and started doing commercials for Wendy's and helped rebuild the restaurant until his death.
After international expansion in the 1980s, the chain retrenched in the late 1990s. In 1999 it pulled out of London and Hong Kong (its Hong Kong branch was located on Lockhart Road in Wan Chai).
In 1995, Tim Hortons' popularity had spilled over to American investors; the chain's parent company, The TDL Group ("TDL" stands for the original corporate name "Tim Donut Ltd."), was acquired by Wendy's International, Inc.. As a result, Ron Joyce, Tim Horton's partner and first franchisee, was, for a time, the largest shareholder of Wendy's.
- Minimum net worth of at least $5,000,000 U.S. ($2,000,000 Canada).
Minimum liquid assets of at least $2,000,000 U.S. ($1,000,000 Canada).
Restaurant will vary depending upon whether the property is purchased
for cash, financed or leased, as well as other factors, but it normally
ranges from $1,893,850 to $3,689,350 if you purchase for cash, $565,850
to $1,131,350 if you finance, and $318,850 to $643,850 you lease (see
Item 7). This includes an amount between $0-$55,000 that must be paid to
the franchisor or its affiliates.
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How much does it cost to open a Wendy's Franchise?
The investment required to open a Wendy's Franchise is between $318,850-$3,689,350. There is an initial franchise fee of $40,000 which grants you the license to run a business under the Wendy's name.
Individual Unit Costs
- Initial Investment:
$318,850-$3,689,350 - Initial Franchise Fee:
$40,000 - Royalty Fee:
4% - Advertising Fee:
3.5%Nat'l +0.5% Local
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Wendy's Customers Accustomed To The Old Look Are In For A Surprise.
The redesigned Wendy's on Eglin Parkway at Hughes Street reopened Friday morning, and customers accustomed to the old look are in for a surprise.
Wendy's was closed for about five weeks while the building underwent and extensive renovation inside and out.
"It's everything we hoped it would be...
Wendy's Franchise Of Augusta Donating $4,000 To Help Feed Local Families
The Shirley May Food Group, a local Wendy's franchise, will present the Blue Ridge Area Food Bank with a $4,000 donation on Monday.
Joe Harris, representing the Shirley May Food Group, said they were inspired to give more after hearing about the success of the Greater Augusta Regional Chamber of ...
Wendy's Grapples With The Price Of Progress
Every business owner would like to ring up more sales. The problem is, it often costs money to grow - money that owner may not have.
This is exactly the problem currently facing burger chain Wendy's. The company has been looking for a way to grow sales for years - a typical Wendy's restaurant doe...
Wendy's Introduces Mobile Nutrition App
Fast food chain Wendy's has released an app that enables customers to personalize their meals based on calorie intake. Patrons can select a calorie range that fits their dietary needs and choose from options that fit their parameters, or they can build their own meal from various menu items until th...
Wendy's Franchisee On Track For 150 Restaurant Growth Plan
Michigan-based Meritage Hospitality Group Inc., a Wendy's franchise operator, has reported a 3.9 percent sales increase for its second quarter.
Additionally, the company's net income from continuing operations increased 78.8 percent to $1,105,000, compared to $618,000 for the same period last yea...
Wendy's News & Press Releases
When did Wendy's start Franchising? N/A
Training
Initial and on-going manager and crew level training programs focus on what is needed to provide Wendy’s “A Cut Above” total customer experience as well as providing management training on various business skills.
Support
Franchisees receive on-going direct support from our skilled operators at the field level. We strive for A-level operations at every restaurant and provide the tools, resources and training to achieve superior customer service levels while maintaining restaurant level profit margins.
Business Experience:
Wendy's is actively pursuing prospective franchisees who:
To calculate how much income a franchise owner can do at Wendy's Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
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Legal Disclaimer: This information is not a franchise offering for Wendy's and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Wendy's franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Wendy's
Wendy's International, Inc.
One Dave Thomas Boulevard
Dublin,
Ohio
43017