FDD Year-over-Year Comparison
Arby's FDD: What Changed from 2025 to 2026
The 2026 Arby's FDD is close to the 2025 filing on Item 7 — the low end edges up $6,600 to $651,550 and the high end up $5,600 to $2,456,600 — while the system contracts by 100 restaurants to 3,265 (−3.0%).
Item 7 — Estimated Initial Investment
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Low end of range | $644,950 | $651,550 | +$6,600 |
| High end of range | $2,451,000 | $2,456,600 | +$5,600 |
| Full range | $644,950–$2,451,000 | $651,550–$2,456,600 |
Both ends of the Item 7 range shift up by modest amounts between filings; the overall band widens slightly from $1,806,050 to $1,805,050.
Item 20 — System Size (Outlet Count)
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Total outlets (Item 20) | 3,365 | 3,265 | −100 (−3.0%) |
Arby's reports 3,265 outlets in the 2026 FDD, down 100 from 3,365 in the 2025 filing.
Item 19 — Financial Performance Representations
Arby's included an Item 19 financial performance representation in both the 2025 and 2026 filings.
Item 6 — Ongoing Fees
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Royalty rate | 4% | 4% | unchanged |
The ongoing royalty rate remains 4% of Gross Sales between filings.
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